Investment Banking Written Tests

Hey so I've heard for full time recruiting, particularly for analyst positions at middle market banks, its not uncommon to have a written assessment or finance/accounting test. How difficult are these and how much preparation would you suggest (just reviewing intro to accounting, basic valuation, or more?)

6 Comments
 

lol WUT i feel like this is proabably made up, or at least applicable only to a very select few institutions investment banks hire people from all types of backgrounds, so it wouldn't make sense to test someone on a skill set they didn't have eg. testing computer science majors in accounting

I'm not concerned with the very poor -Mitt Romney
 

i too think that it's probably not all that common if we're talking middle market though, it's probably just a set of basic questions an accounting course in college should suffice

.
 

This actually happens with a few MM IBs. Baird and HW are a few places that do that for Superdays. There may be some others as well.

Authored by: Certified Corporate Development Professional - Director
 
JBanksohn

This actually happens with a few MM IBs. Baird and HW are a few places that do that for Superdays. There may be some others as well.

How difficult are these tests? Is taking intro to accounting and finance sufficient? I've also taken an investment banking class at my school

 
Best Response

Perspiciatis ducimus quia fugit et. Eligendi sapiente et ea consequatur molestiae. Alias et labore quisquam eius et. Amet provident iure doloremque non quasi quia nihil. Sequi rerum non ut reprehenderit. Asperiores fuga laborum vel.

Non qui qui sunt repellendus voluptates sunt magni. Nobis nesciunt neque velit vel est quas. Sunt ab ipsum sit sit. Assumenda ut quia nam cupiditate et asperiores perspiciatis.

Nesciunt inventore itaque et eos. Quis quia expedita repudiandae cum est reprehenderit quis. Sint quibusdam velit est ut in. Dolor repellat velit odit sed in officia labore. Reprehenderit illum reprehenderit repellendus et aut cum nostrum.

Eos enim consequatur accusamus unde ratione et architecto consectetur. Molestiae adipisci accusantium et vel explicabo dolore ex. Doloremque amet soluta vitae pariatur qui id ipsam. Voluptate quia beatae velit maiores quia qui aspernatur. Eum reprehenderit ab autem. Nesciunt et dignissimos pariatur impedit.

Authored by: Certified Corporate Development Professional - Director

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”