Numerical reasoning
What it tests. Quantitative data synthesis and mental arithmetic speed: percentages, percentage changes, ratios and basic compounding without losing accuracy under a ticking clock.
Worked example. Given Target A (£40m revenue, 15% EBITDA margin, 10% growth), Target B (£25m, 24%, 20%) and Target C (£60m, 12%, 5%), and assuming margins stay constant, identify which target generates the highest EBITDA next year, the compound step rather than the biggest headline revenue.
Common traps. Over-calculating every decimal on the scratchpad, and the 'surface' trap of picking the biggest-looking base figure (Target C) without the compound step.
How to handle it. Keep a physical calculator and clean scrap paper ready, and scan the axes and headers before reading the prompt to anchor your visual frame.
Verbal reasoning
What it tests. Critical text analysis and logical deduction, filtering out candidates who rely on outside knowledge or unsupported assumptions.
Worked example. Given a passage that Evercore avoids underwriting and lending to stay conflict-free, the statement 'Evercore avoids corporate lending because it reduces the profitability of its London M&A teams' is Cannot Say, because the text does not state that causation.
Common traps. Importing outside market knowledge, and being caught by modifiers like 'solely', 'completely', 'sometimes' or 'vital'.
How to handle it. Read the statement before the text so you have a specific keyword to track while scanning the passage.
Logical / inductive / deductive reasoning
What it tests. Fluid intelligence and abstract problem-solving, highly predictive of structuring unstructured data and spotting trends in unfamiliar industries.
Worked example. A 3x3 grid of arrows and shaded sectors where arrows rotate 45 degrees clockwise across rows while shaded sectors shift on prime-number positions; choose the final cell from four options.
Common traps. Hyper-focusing on colour or shading while ignoring the rotational vector, and panicking after failing to spot a pattern within ~15 seconds.
How to handle it. Break each puzzle down sequentially: shape type, then rotation, then colour, then movement path.
Situational judgement
What it tests. Prioritisation, professional communication and alignment with Evercore's values of integrity, excellence and teamwork.
Worked example. At 22:00 on a Friday an Associate asks for fresh trading comparables for a Monday pitch book; ten minutes later a VP from another team wants immediate edits to a live deal presentation. The strong response prioritises the live mandate, communicates to the Associate and checks whether the pitch deadline can flex.
Common traps. The 'hero' fallacy of trying to do both perfectly without communicating, and prematurely escalating to an MD before seeking an internal solution.
How to handle it. Always prioritise live mandates over prospective pitch books, and keep clear communication lines between the seniors involved.
Personality questionnaire
What it tests. Behavioural traits and cultural fit, especially resilience, attention to detail and low ego.
Worked example. Statements such as 'I prefer working on deeply analytical tasks alone rather than managing group consensus' or 'I remain calm even when multiple unexpected tasks are introduced.'
Common traps. Trying to game the profile as a 'perfect banker', which creates contradictions, and extreme polarisation by selecting Strongly Agree or Disagree on everything.
How to handle it. Be authentic but keep a professional context in mind, framing answers around collaborative academic and demanding analytical work.
Game-based behavioural simulations
What it tests. Impulsivity versus deliberation, processing speed, learning agility and cognitive flexibility.
Worked example. Interactive prompts where the platform records how you move through the puzzle, not just the final choice.
Common traps. Overthinking the mechanics and trying to outsmart the game instead of moving through it naturally.
How to handle it. Work in a distraction-free environment with all system notifications off to keep your reaction rates steady.
Custom Evercore-specific scenarios
What it tests. Understanding of the Evercore business model and commercial awareness.
Worked example. A scenario where the right answer reflects pure-play strategic advice rather than deploying a lending balance sheet or underwriting debt.
Common traps. Suggesting solutions that involve capital balance sheets or underwriting, which misreads the firm.
How to handle it. Remember Evercore deploys no corporate lending balance sheet; its model is pure-play strategic advisory.