anyone here has done the test? what should I expect? how should I prepare for it? I have to complete it by sunday. thanks.
SHL Online Assessment
The SHL assessment is an apptitude test used by several banks across Wall Street as a pre-interview screen. There are several exams geared towards different areas - but for Wall Street the quantitative exam is the most common. The exam will draw from the same set of questions regardless of the bank you are interviewing with.
SHL Quantitative Exam
Our users explained their experiences with the exam below:
The basic quantitative skills exam focused on percentages, ratios, graphs, and the occasional exchange rate question.
The math part involves very basic math and drawing conclusions from graphs. Some of the questions involved converting one currency to another (picking the proper exchange rate to use off of some sort of chart). It reminded me of the easier SAT math type questions.
Correct Answers: B, B
SHL Verbal Exam
The verbal section is a bit more difficult, but still quite easy. You read a short paragraph and then are asked a question about what was stated or implied in the paragraph. Most of the questions were very straightforward and basically, they just asked if a statement was true or not based on the reading. The statement was like a rewording of one sentence in the paragraph or something completely out of the blue (so, obviously a not true answer).
Correct Answers: True, False, Cannot Say, True
Many users explained that the most challenging part of the test was timing. Pacing is the most important thing. If you get stuck on a problem you need to move on and come back to it. Users pointed out that there were between 20 - 30 question with 30 minutes for the overall exam.
To practice more - users advise running through the practice exams on the CEB website.
Preparing for investment banking interviews?
The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. This guide will help you learn how to answer these questions and many, many more.