Commonwealth Bank Assessments

Prepare for the Commonwealth Bank recruitment process with tailor-made practice materials.

Careers at Commonwealth Bank

Commonwealth Bank (otherwise known as CommBank) was founded as a governmental bank in 1911 and then fully privatised in 1996. It is Australia's leading provider of financial services.

One of the 'big four' banks of Australia, the services Commonwealth Bank provides includes broking services, business finances, insurance and asset management.

Although first and foremost an Australian bank, Commonwealth Bank has offices in Asia, Europe, New Zealand and North America — offering a huge range of employment opportunities for those who can get through the rigorous application process to join the graduate programme.

The best way to prepare for Commonwealth Bank's competitive recruitment process is to do as much research as possible into the company, its ethos and mission; the application process itself, including practicing aptitude tests; and also to brush up on the interview tricks and techniques that will help you stand out from other applicants.

Commonwealth Bank Application Process

The Commonwealth Bank application process requires hard work and focus at every step.

Before embarking on the process, it's worth reading up on the company and its initiatives so you can ensure you're as prepared as possible for each stage of the process.

Online Application

The first step in the application process is to set up an online profile.

You'll then need to fill out a 12-question form which will require you to identify the two areas of the business that are of most interest to you.

It's worth bearing in mind the bank's five core values as you write your application, so you can show examples of where you've demonstrated them previously:

  1. Integrity
  2. Collaboration
  3. Excellence
  4. Accountability
  5. Service

Honesty is really important, as the recruiting managers will look for clues on your form as to the type of person you are and where they think your skills would be best used, which means that sometimes they may call you to discuss a different opportunity to the one you initially showed interest in.

Commonwealth Bank Aptitude Tests

All applicants to Commonwealth Bank will need to take a series of aptitude tests and personality assessments.

Time is of the essence as the test will automatically shut down when the allotted time limit has run out. So it's important to pre-prepare by practicing aptitude tests in a bid to improve both your speed and accuracy.

The tests you'll be required to take are:

Commonwealth Bank Numerical Reasoning Test

Your ability to work with tables, charts, graphs and data interpretation is under scrutiny in the bank's numerical reasoning test.

Understandably, hiring managers are looking for candidates with an aptitude for numbers who can confidently move through the 18-question test. Although your numerical skills are under examination, you will be allowed a calculator for this test.

Commonwealth Bank Logical Reasoning Test

Logical reasoning tests are designed to see how candidates cope with non-verbal and non-numerical questions that require them to use their logical thinking skills.

The point of these tests is to finish a pattern of shapes using the limited amount of information you're presented with.

The logical reasoning test is multiple choice.

The logical reasoning tests can be especially challenging as they may involve a type of question you haven't encountered before.

Commonwealth Bank Verbal Reasoning Test

Commonwealth Bank's verbal reasoning test looks at the strength of your communication by assessing your verbal and written skills.

Firstly, you'll be asked to read through a passage of text (no prior knowledge of the subject is required) before selecting 'true', 'false' or 'cannot say' in answer to questions about the information you've just processed.

The test normally consists of around 30 questions, which you'll have less than 20 minutes to complete.

Commonwealth Bank OPQ

The OPQ is different to the aptitude tests listed above as it's designed to assess your personality traits and character to find a job that's best suited to your unique skills.

As well as your working style, the test looks to understand your strengths and dominant personality traits, as well as how well you're likely to work as part of a team.

All of this is measured against a set of criteria for the role(s) or programme you're applying for, and helps the Commonwealth Bank hiring managers to make more considered recruitment decisions.

Commonwealth Bank Digital Interview

Next, you'll be required to take part in at least one interview, either face-to-face, over the phone or online.

In this interview, you'll be expected to show your passion and understanding of Commonwealth Bank, as well as how your previous education and experience will help you to succeed should you be offered a role.

Commonwealth Bank uses the STAR (situation, task, action, result) method to understand how your past experiences, successes and failures will contribute to your work with them. So make sure you frame your answers using this method wherever possible.

Commonwealth Bank Virtual Assessment Centre

The final part of the application process is the assessment centre.

This is where recruiting managers get to assess your skills and character traits through a series of tasks and activities.

Group exercises are a chance to show how you work as part of a team. It's important to be yourself, while also remembering to let others speak (or to speak up yourself if you're of a quieter disposition), listen to others' ideas and present your thoughts as confidently and concisely as possible.

There may also be a final interview where you'll have one last chance to impress, as well as another opportunity to ask any questions you may have about the job role, culture and opportunities at Commonwealth Bank.

At the moment the assessment centre is delivered virtually due to Covid restrictions, but it was previously held at a Commonwealth Bank office and would often put groups of people together who were applying for different jobs, as well as others who were in competition for the same role.

Sample Commonwealth Bank Assessments question Test your knowledge!

Score: /6

Which of the boxes comes next in the sequence?

  • A
  • B
  • C
  • D
  • E

A financial advisor is analyzing the interest earned by two different savings accounts over a year. Account A has a principal amount of $10,000 with an annual interest rate of 2.5%, compounded annually. Account B has a principal amount of $8,000 with an annual interest rate of 3%, compounded quarterly. How much interest will Account B earn over the year?

  • $243.56
  • $240.00
  • $320.00
  • $244.94

During a review of financial documents, it was observed that after instituting a new billing system, the number of unpaid client accounts decreased by 15% over a six-month period. If the initial number of unpaid accounts was 200, how many unpaid accounts were there at the end of this period?

  • 170
  • 185
  • 150
  • 190

In a sequence of operations, each member of a dataset is first multiplied by 3, then 12 is subtracted from the result, and finally, the resulting value is divided by 2. What is the final result if the original number is 16?

  • 18
  • 12
  • 20
  • 22

Which of the following is a valid conclusion based on the given premises? Premise 1: All investment bankers are good with numbers. Premise 2: Some mathematicians are investment bankers.

  • All mathematicians are good with numbers.
  • Some mathematicians are not good with numbers.
  • All good mathematicians are investment bankers.
  • No mathematicians are good with numbers.

An investor is trying to decide between three different investment plans. Plan A states that the interest will double the original investment in 10 years. Plan B is offering a return of 7% annual interest with the interest being compounded yearly. Plan C is guaranteeing a 50% increase over 5 years with simple interest. Which plan is the most lucrative for an investment term of 10 years?

  • Plan A
  • Plan B
  • Plan C
  • All plans are equivalent.

Build your confidence today

Try one of our Commonwealth Bank tests for FREE.

Well worth the money and highly recommend to every one out there who is not sure they need to practice tests.

Michael used Fintest to help pass his aptitude tests for Amazon.

testimonial

Commonwealth Bank Assessments Tips

Understand the Format

Get familiar with the types of questions you may face in Commonwealth Bank's tests. This involves knowing the structure and time limits.

Practice Regularly

Consistent practice is crucial. Try to do a variety of questions to improve your problem-solving skills.

Time Management

Learn to manage your time effectively during the test. Practice pacing to ensure you can complete all sections within the time limits.

Free Practice Tests on Fintest

You can take practice tests similar to Commonwealth Bank's exams on Fintest for free, to assess your readiness and improve.

Review and Reflect

After each practice test, review your answers. Identify areas of strength and areas for improvement.

Level up

Choose the package that works for you.

Pro

Pay Annually
Pay Monthly
  • 12 Aptitude packages
  • 20 Admissions packages
  • 162 Employer packages
  • 17 Publisher packages
  • Dashboard performance tracking
  • Full solutions and explanations
  • Tips, tricks, guides and resources

  • Access to free tests
  • Basic performance tracking
  • Full solutions and explanations
  • Tips and resources

Commonwealth Bank Assessments FAQs

What are the Commonwealth Bank tests?

Commonwealth Bank tests are pre-employment assessments designed to evaluate a candidate's abilities in areas relevant to the financial sector, like numerical reasoning and problem-solving.

Are the Commonwealth Bank tests hard?

The difficulty of Commonwealth Bank tests can vary, but they are generally challenging to ensure that candidates are well-suited for the fast-paced and dynamic financial environment.

How do I prepare for Commonwealth Bank tests?

Preparing for Commonwealth Bank tests is best achieved through practice. Fintest offers a variety of practice tests to help you become familiar with the types of questions you'll encounter.

How long does the recruitment process take at Commonwealth Bank?

The duration of the recruitment process at Commonwealth Bank can vary, but it generally includes several stages, including testing, which can take a couple of weeks to a few months.

What are Commonwealth Bank's core values?

Commonwealth Bank's core values include integrity, accountability, collaboration, excellence, service focus, and a commitment to delivering sustainable results for stakeholders.