Investor's Last Exam
Finance & Accounting · 2026-10-28
86 equity-research assignments designed by buy-side investors and fund managers, from screening and forecasting to valuation, monitoring, integrated reports and market-trading forecasts, answered from a database of 3.43 million document versions frozen at each task's information cutoff. Answer-based rubric score, tasks weighted equally.
Top models (higher is better)
| Model | Score |
|---|---|
| GPT-6 Astra | 68.1 |
| Claude Opus 5.5 | 66.9 |
| GLM-5.3 | 62.3 |
| Kimi K3 | 58.2 |
| Step 5 Preview | 55.1 |
| Qwen3.8 27B | 54.6 |
| Ling 3.0 Flash | 42.6 |