The Macquarie Psychometric Assessment is a pre-employment testing battery conducted to every Macquarie candidate. It includes 4 separate tests: Talent Q Elements Numerical, Elements Verbal, Elements Logical, and Dimensions.
These four tests are administered for Macquarie by the test provider Korn Ferry and aim to assess your reasoning, problem-solving skills, and personality traits.
In the following guide, we will briefly go over each test, where you can also find solved sample questions and free sample tests, and give you the best, most accurate info and practice to ace the Macquarie assessment.
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The Macquarie Psychometric Assessment is comprised of 4 tests:
The estimated time to complete the entire Macquarie Assessment is around 75 minutes.
All 4 tests of the assessment have a unique structure and formatting you should be familiar with in advance to gain a high score and pass the assessment.
Let’s take a brief overview of each:
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The Elements Numerical test assesses your ability to calculate and draw conclusions from numerical data, namely graphs and tables.
How many BA overseas (OS) students study in the UK?
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Learn more about the Elements Numerical Test
The Elements Verbal test assesses your ability to interpret and understand short texts.
Read the following passage and answer the question below:
A prolonged labour market recession is in the making as long-term unemployment is on the rise and many workers are becoming excluded from the labour market. The shift to austerity measures has further deteriorated labour market conditions in countries hit by the debt crisis. The depressed employment situation has been accompanied by growing job precariousness for those who have a job. The incidence of part-time work has risen significantly as has that of temporary employment.
Given the significant slowdown in economic growth, job loss can increase severely as businesses tend to decrease expenditure, leading to higher unemployment. At the same time, the crisis has resulted in the contraction of bank credit for small and medium-sized businesses and this, in turn, has reduced the growth in self-employment.
Measures that will increase employment and speed up economic growth should be taken promptly. Given the impossibility of financing expenditures with deficits, one can realistically suggest budget-neutral increases in training programmes and subsidies to businesses. This must be coupled with government programmes to facilitate credit to small and medium-sized businesses, financed with increases in taxes in other areas such as environmental or tourist taxes that will not distort the economy adversely.
Adapted from europa.eu
Learn more about the Elements Verbal Test
The Elements Logical test assesses your ability to recognize rules and patterns in abstract shapes.
Identify the missing symbol:
Learn more about the Elements Logical Test
The Dimensions test is a personality profiling test, designed to assess how well your personality and behavior fit the job.
Here are the three most crucial guidelines to follow when preparing for the Macquarie Psychometric Test:
The Elements tests included in the Macquarie Psychometric Assessment have a very unique structure, the like of which you have probably never seen before.
As such, it usually takes q while to get comfortable around these questions, to know how to approach them, and to make good use of the time you have.
Therefore, to ace the test, it is crucial to already be familiar with the types of questions the Elements Numerical, Verbal, and Logical tests include.
That is exactly what full-length simulations of the actual assessment get you – familiarity with the questions and content world, as well as a firsthand experience with the tests’ rigorous time constraints.
A great portion of the challenge posed by the different tests comprising the Macquarie Psychometric Assessment is the overload of information.
Each question, especially in the Numerical and Verbal Elements tests, is loaded with an abundance of data, most of which is unnecessary for solving the questions.
Remember that each data source (table or text) is relevant for three questions only. So, always start from the question and make your way to the data, not the other way around.
Developing a skill of quickly locating the most relevant information for every question is one of the best techniques you can take to improve your chances of passing the Macquarie Assessment.
Although most candidates are certainly more concerned about the three cognitive Elements tests, the Dimensions personality profiling assessment is not to be overlooked.
Firstly, your personality traits play a major role in your chances of working with Macquarie. And as the years go by, personality profiling is becoming more and more important for recruiters, especially for internships and student positions.
Secondly, many candidates mistakenly believe that they cannot prepare for the personality section of the Psychometric Assessment and that they should just “be themselves”. That misconception is fortified by the test instructions, which state that “there are no right or wrong answers.”
Well, news flash. There are.
The Dimensions personality profiling assessment is, well, an assessment. Some candidates will pass it and others won’t. So, there naturally ARE right and wrong answers, and you can definitely learn how to know them.
The Macquarie Group is one of the leading providers of financial services, including banking, financial, advisory, investment, and funds management services. It has over 14,000 employees spread across the entire financial world and is obviously looking to hire the best of the best. This page walks you through the application process, helping you to produce the best application you possibly can.
For most streams of entry, including the Macquarie graduate program, you can expect at least two interviews. These may or may not precede the Macquarie online tests, so don't be surprised either way.
There are two sections of the interview that can take place together but are commonly split into two separate 45-minute interviews. One of the Macquarie interviews is competency-based and the other is more skills-based.
When you come to prepare for the competency-based interview, you are assessed on the following key values of the company:
Furthermore, there are a number of different skills that you must demonstrate in the Macquarie interview:
Incorporating these skills into your answers is your way of ensuring you are doing the best job you possibly can. In order to do so, you should prepare sample answers for the most probable questions. You can do this with the interview preparation section of our package.
Here are some sample Macquarie interview questions that are popular with the company:
You may also be asked some brain teasers that involve simple mathematical logic as part of this interview. These interviews are very important to your application process, so ensuring that you are fully prepared for every eventuality is highly central to your progress.
We at JobTestPrep find the assessment tests world highly diverse and fascinating. If you are looking to deepen your knowledge in the aptitude tests world, or you want some extra practice before your test, we've got you covered!
Check out these fantastic free practice tests (all are completely free):
Free Aptitude Test | Free Psychometric Test | Free Numerical Reasoning Test | Free Verbal Reasoning Test | Free Cognitive Test | Free Critical Thinking Test | Free Abstract Reasoning Test | Free Spatial Reasoning Test | Free Personality Test | Free Inductive Test | Free Mechanical Reasoning Test