I gor an offer for a contract agent position and I will have to do the MCQ and competence test in September. The post will be in finance. From where could I study as I don't have an economic background and I feel quite lost...
I had the exam for Fin Ast FGIII in May 2017 with a score of 20/25. Please note that contrary to what I expected there were no questions related to the Financial Regulation / Rules of Application (FR/RAP) or anything related to budgeting or the multi financing framework of the EU. However out of the 25 questions 4-5 were accountancy related (general ledger entries for example, profit margins, balance sheet questions etc.). The majority of the questions I had were related to economics (general economics as well as macro) with no relevance to the financial rules of the Commission and one or two general ones for security of data.
Hope this helps you prepare a bit. In my opinion if someone had an economics background he/she could easily have passed the exam (13/25 for FGIII at least).
You wrote a long time ago your post about the CAST in finance and I was wondering if you could remember some examples of questions you had at your test (in accountancy and economics). It will help me to check the level that is requested.
Thanks a lot
Would you mind telling us how did the test go? I have been invited too and I am not finding too much information about this competency test.
Thank you in advance.