Investment Banking Modeling Tasks (OpenAI)
Models build first- to third-year investment banking analyst models, such as three-statement and leveraged buyout models, with formatting and citations. OpenAI grades the outputs internally.
OpenAI first reported it for ChatGPT agent on July 17th, 2025, as first- to third-year analyst modeling tasks such as three-statement and leveraged buyout models. The GPT-5.2 post called it Investment banking spreadsheet tasks, with GPT-5.2 at 68.4 under both names. The grading method is not described, so model-judged is assumed.
- Made by
- OpenAI
- Released
- July 2025
- Kind
- Finance
- Level
- Expert
- Scored
- Graded by a model
- Answers
- Agent task
- Tasks
- Kept private
- Strongest model tested
- GPT-5.5 Pro #14 on the capability index
- Last in a launch post
- April 2026, dropped after it saturated
- Last model added
- April 2026
GPT-5.5 Pro leads with 88.6% among models released by April 2026
Best score per model as labs report them in their own cards. Labs pick their own settings, so these compare less cleanly than independent runs.
The newest model with a score here came out in April 2026, and nobody has reported a newer one. Among the 20 highest-ranked models on the capability index, these have no score yet:
- Claude Fable 5.2
-
Gemini 4 Carbon - GPT-6 Astra
- Claude Opus 5.5
- and 14 more
- 1 GPT-5.5 Pro 88.6%
- 2 GPT-5.4 87.3%
- 3 GPT-5.4 Pro 83.6%
- 4 GPT-5.2 Pro 71.7%
- 5 ChatGPT agent 41%
Source: Labs’ model cards
| # | Model | Score | Setting | Date | Source |
|---|---|---|---|---|---|
| 1 | GPT-5.5 Pro | 88.6% | Apr 2026 | Lab model card | |
| 2 | GPT-5.4 | 87.3% | Mar 2026 | Lab model card | |
| 3 | GPT-5.4 Pro | 83.6% | Mar 2026 | Lab model card | |
| 4 | GPT-5.2 Pro | 71.7% | Dec 2025 | Lab model card | |
| 5 | ChatGPT agent | 41% | Jul 2025 | Lab model card |
4 models have held number one in labs’ own numbers since its release in July 2025
Lab claims count from the day the card came out, independent runs from the model’s release.
Source: Labs’ model cards
OpenAI’s own number for GPT-5.4 passed 85% in March 2026
All the scores we have, one dot each, so a model tested at several settings appears more than once.
Source: Labs’ model cards
Labs headline it less often now, last in April 2026
Launch posts from every lab that has listed it, one tick per post. Tall colored ticks include it, and short gray ones leave it out.
| Date | Launch post | Score | As the post writes it |
|---|---|---|---|
| Apr 23, 2026 | GPT-5.5 Pro | 88.6 | Investment Banking Modeling Tasks (Internal) |
| Mar 5, 2026 | GPT-5.4 Pro | 83.6 | Investment Banking Modeling Tasks (Internal) |
| Mar 5, 2026 | GPT-5.4 | 87.3 | Investment Banking Modeling Tasks (Internal, GPT-5.4) |
| Dec 11, 2025 | GPT-5.2 Pro | 71.7 | Investment banking spreadsheet tasks (internal) |
| Jul 17, 2025 | ChatGPT agent | 41 | Investment Banking Modeling Tasks, mean accuracy (Oracle@64 71.3) |
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