iMocha’s personal financial advisor test enables recruiters and hiring managers to hire job-fit candidate within a short period and make unbiased decisions. This test is used for hiring financial advisor and reduce hiring cost by 40%.
Personal financial advisor test help individuals in managing their personal finances in to achieve personal goals such as children’s education, house purchase etc. They use client data regarding income and expenses to devise a financial plan. This financial plan depends on the financial objectives of clients. It outlines the nature of investments clients should make over a period of time. For example, it could be a mixture of debt, equity and insurance depending on the risk appetite of the client.
KEY SKILLS REQUIRED
COMMUNICATION SKILLS - Verbal Ability, Verbal Reasoning
NUMERIC SKILL - Quantitative Aptitude
CRITICAL THINKING SKILLS - Logical Reasoning
PROBLEM SOLVING SKILLS - Quantitative Aptitude
Verbal ability is essential because grammar and vocabulary is a prerequisite for good spoken and written English.
Reading comprehension indicates the ability to comprehend and reason with the concepts in a written page.
Quantitative ability will indicate analytical thinking and problem-solving ability.
Logical Reasoning is assessed through:
These questions will indicate the quality of deductive reasoning and inductive reasoning which contribute to Critical thinking ability.
Abstract reasoning will indicate the ability to think clearly, identify logical patterns, learn new skills and solve complex problems. It is an indicator of fluid intelligence and shows an ability to strategize.
The Personal Financial Advisor Test Contains: