Bank of England psychometric tests
Learn more about Bank of England psychometric tests
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Bank of England Numerical Reasoning Tests
Prepare for your Bank of England numerical reasoning tests. Give yourself the best chance of passing your Bank of England numerical reasoning tests.
Prepare for your Bank of England numerical reasoning tests. Give yourself the best chance of passing your Bank of England numerical reasoning tests.
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Bank of England psychometric tests
Learn more about Bank of England psychometric tests
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Prepare with Pass Numerical Reasoning
Prepare for your numerical reasoning test
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Free Numerical Reasoning Tests
Practice with free numerical reasoning tests
Bank of England Numerical Reasoning Tests
Bank of England numerical reasoning tests are included in the third part of the blended assessment, provided by Korn Ferry. They are designed to assess a candidate’s ability to interpret and analyse numerical data, solve problems, and make informed decisions. These tests are typically required for roles where numerical proficiency is important and are used as a standardised, objective measure of the relevant skills.
Conducted online, they consist of multiple-choice questions. The questions focus on practical workplace tasks, such as interpreting charts, calculating percentages, and understanding ratios, ensuring candidates can handle the numerical demands of the role. Candidates have 21 minutes to complete the entirety of the third part of the Bank of England Assessment, which also includes the verbal reasoning assessment.
Register now for free numerical reasoning tests to give yourself the best preparation for your Bank of England numerical reasoning tests.
Bank of England Application Process
Stage 1 - Online Application including CV & Cover Letter
The first step in applying for a role at the Bank of England is completing an online application form. Candidates are required to provide details such as contact information, employment history, and diversity data, among other relevant information.
As part of the application process, all applicants must submit a CV and a cover letter. The CV should be well-structured, professional, and emphasise skills and experience aligned with the role. The cover letter offers an opportunity to articulate interest in the position and the Bank of England, and it should be clear, concise, and tailored to the role. Both the CV and cover letter must be uploaded with the online application.
Stage 2 - Bank of England Online Assessment
Applicants advancing to Stage 2 must complete the Bank of England online assessment in order to demonstrate proficiency in skills relevant to the role. This Korn Ferry assessment is split into 3 parts, explained in bullet points below. Numerical reasoning tests assess the ability to apply and understand mathematical concepts in a workplace setting, while verbal reasoning tests evaluate strong language comprehension. Situational judgement tests measure a candidate’s decision-making abilities in simulated scenarios. Personality tests are designed to assess an applicants suitability to the role and to the company – it is advisable to demonstrate authenticity and an alignment to the company values like inclusion and wellbeing. Bank of England requires candidates to complete the following assessment, which is split into three parts:
- Part 1: Bank of England Situational Judgement Test – No time limit.
- Part 2: Bank of England Personality Assessment – No time limit.
- Part 3: Cognitive Assessments (Bank of England Numerical Reasoning and Verbal Reasoning Tests) – Duration 21 minutes total.
Stage 3 - Bank of England Interview
Interviews at the Bank of England, whether conducted online or in person, typically involve two recruiters and are tailored to the specific role. These interviews include a combination of competency-based questions, questions related to the applicant’s CV, and discussions centred on the Bank of England’s core values, known as Bank Behaviours. To excel in these interviews, candidates should thoroughly review their CV, understand how their experiences align with the role, and prepare examples that demonstrate their alignment with the organisation’s values. Confidence, professionalism, and thoughtful responses are key to making a strong impression.
Stage 4 - Bank of England Assessment Centre & Final Interview
The Bank of England assessment centre, often the final stage of the recruitment process, may take place in London as an in-person event or virtually. Applicants may be asked to participate in various activities, such as presentations, case studies, and group exercises, all designed to evaluate their suitability for the role. Throughout these tasks, candidates should demonstrate the Bank Behaviours, including delivering outcomes, fostering inclusivity, and promoting growth. These exercises assess critical skills such as teamwork, problem-solving, leadership, time management, critical thinking, and innovation.
At the conclusion of the assessment centre, candidates will have a final interview, which will focus on their motivations, competencies, and technical knowledge. For senior or specialised roles, there may be additional interviews after this stage to ensure a comprehensive evaluation.
About Other Bank of England Psychometric Tests
Bank of England use psychometric tests as part of its recruitment process to identify candidates who align with its company values like performance, respect, and belonging. As well as numerical reasoning, these tests include the evaluation of candidates’ verbal reasoning, and situational judgement, and form part of Bank of England’s five-stage application process. Verbal reasoning tests assess proficiency in verbal comprehension and logical reasoning, and situational judgement tests provide an opportunity to showcase critical thinking in hypothetical scenarios. To succeed, candidates must demonstrate a strong understanding in each test, as well as accuracy and speed. Familiarity with these tests and thorough practice are crucial for performing well and enhancing the chances of success in Bank of England’s application process.
Register now for free psychometric tests to give yourself the best preparation for your Bank of England psychometric tests.
Bank of England Verbal Reasoning Tests
The verbal reasoning assessment is also included in the third section of the Bank of England blended assessment, provided by Korn Ferry, which must be completed within 21 minutes. These online tests require candidates to read passages and answer multiple-choice questions based solely on the information provided, evaluating skills such as logical reasoning and attention to detail. The Bank of England uses these aptitude tests to assess a candidate’s ability to process language effectively in a professional context, ensuring a standardised and efficient evaluation process. To perform well, candidates should practise and become familiar with the test format, as success depends on accurately analysing the information without relying on prior knowledge or assumptions.
Bank of England Situational Judgement Tests
Part 1 of the Bank of England Assessment, provided by Korn Ferry, is a situational judgement test. These aptitude tests are widely used in recruitment to evaluate a candidate’s decision-making, interpersonal skills, and alignment with organisational values by presenting hypothetical, job-related scenarios. Candidates are required to choose the most appropriate responses to various situations, reflecting their judgement and approach to workplace challenges.
To excel in this assessment, candidates should ensure their answers align with the Bank of England’s core values, such as integrity, accountability, and speaking up. Demonstrating professionalism, sound judgement, and suitability for the role is essential. SJTs also provide insight into a candidate’s problem-solving abilities and behavioural tendencies, offering a standardised way to assess how well they may perform in real-world job scenarios. Preparation involves understanding the company’s culture and values, as well as practising similar test formats to improve response accuracy and confidence.
Bank of England Numerical Reasoning Test FAQs
Bank of England numerical reasoning tests, provided by Korn Ferry, are online assessments that evaluate a candidate’s ability to interpret numerical data, solve mathematical problems, and make informed decisions. These tests are designed to assess skills essential for roles requiring numerical proficiency, such as analysing charts, calculating percentages, and understanding ratios.
The numerical reasoning tests are part of a blended assessment that includes verbal reasoning tests, with a total duration of 21 minutes for both components. This time-constrained environment tests candidates’ ability to work efficiently under pressure.
To prepare, candidates should practise interpreting data, calculating percentages, and analysing ratios, as these tests focus on practical workplace scenarios. Familiarity with the test format is crucial, as the numerical reasoning and verbal reasoning part of the assessment must be completed within 21 minutes.
Numerical reasoning tests provide a fair and standardised way to assess a candidate’s analytical and mathematical abilities. These tests ensure that candidates possess the quantitative skills required for data-driven roles, aligning with the organisation’s commitment to excellence and performance.
Bank of England numerical reasoning tests measure a candidate’s ability to interpret and analyse numerical data, identify patterns, solve mathematical problems, and make logical decisions. They also evaluate accuracy, speed, and the ability to apply mathematical concepts to real-world scenarios.
- Understand the test format: Familiarise yourself with the structure and question types to reduce surprises.
- Practise regularly: Use mock tests to build confidence and refine your problem-solving techniques.
- Manage your time: Prioritise questions you can solve quickly, and avoid spending too much time on any single problem.
- Check your calculations: Ensure accuracy, especially under time constraints.
- Stay calm and focused: Approach the test with a clear mind to perform at your best.