Investment banking

About this practice suite

This suite prepares candidates for investment banking selection in the finance, accounting, banking, and insurance sector with 5 skill areas: numerical reasoning, situational judgment, critical thinking, data interpretation and verbal reasoning. Every question was written by Novus editors for this suite — none are taken from live or leaked exams — and the full bank holds 52 scored questions across three modes, plus 8 reserve questions used to vary repeat attempts. Answer keys never ship to the browser: your answers are scored server-side, and results stay on your device.

Skills this suite practises

• Numerical reasoning — Arithmetic, fractions, percentages, ratios, rates, estimation, word problems, and number relationships.
• Situational judgment — Evaluating workplace responses against role-relevant principles.
• Critical thinking — Evaluating evidence, assumptions, arguments, credibility, and alternative explanations.
• Data interpretation — Tables, charts, graphs, dashboards, trends, comparisons, and evidence-based conclusions.
• Verbal reasoning — Drawing conclusions from written information without relying on outside assumptions.

Sample questions from the guided bank

Two of the 10 guided-practice questions, shown exactly as they appear in a session. Answers and explanations are not printed here — keys stay on the server — so open guided practice to answer them and see how you did.

1. Enterprise value (educational definition) is closest to:

   • A. Cash alone ignoring debt
   • B. Equity value plus net debt (and similar claims), reflecting the firm’s operating value
   • C. Only last year’s dividends
   • D. Share count times book value always

2. A junior overhears nonpublic deal terms in an elevator with outsiders present. Best?

   • A. Continue the discussion loudly
   • B. Text the terms to friends for 'practice'
   • C. Post anonymously online
   • D. Stop discussing; move to a private setting and follow information-barrier / confidentiality rules

Practice modes and timing

Guided practice is untimed-feeling and instructional; the mini-test is a short timed check; the full simulation mirrors a complete sitting. All three draw on separate question sets, so moving up a mode never repeats what you practised.

Study outline

Read the study outline for this suite’s skills, timings, and recommended lessons on one printable page, or download its standalone HTML file. The printable page can also be saved as a PDF from your browser.