FinMechanics

FinMechanics Interview Questions and Tips

1

FinMechanics Associate consultant interview

183 views
Siddharth AhujaFresherSelected
Application
I was interviewed on-campus at IIT Madras for Associate consultant role at FinMechanics
Interview Process
Resume Shortlist Test Technical + HR Interview HR Interview
Round 1

Resume Shortlist

Interview Experience
I think they put a CG cut off of >7.5 (not sure about the number)
Interview Tips
Nothing specific
Round 2

Test

Interview Experience
HR
They will try to check your character. What kind of person you are. What will you do in certain situations. Which values you hold important, and certain questions about your past - achievements etc. Note that there were hardly any standard HR interview questions - they prepare questions specific to their requirements as they are going to revolve a major part of your interview (if selected around you).

Quant
This is the most important section of the test.
Its not the normal MCQ aptitude questions. Its subjective questions and you are expected to solve them with every step. They involve puzzles, probability, general quant and all. Fundaes need to be clear, of course you can't guess them.

Coding
Few theoretical questions like definition types. Also, output types - certain codes will be given and you are to compute the outputs. And algorithms for simple codes like factorial, fibonacci, searching or sorting. Few questions will also involve data structures, and they may as well go to linked list and Inheritance (Object Oriented Programming)

Finance
Basic questions. Must be aware of basic financial terms - like what is bond, what is equity, mutual funds etc. And, the questions are like supported with guidelines for you to understand the context and then solve. Nothing high funda
Interview Tips
HR
Be what you are. They are going to look at it from every angle - put you in different situations, if you try to project something else - chances are they will catch you. I don't think (not sure) this is evaluated for interview selection process.

Quant
You need to be really strong here and score well to be shortlisted for the interview.

Coding
They should see you are interested in coding and know coding decently well. As they are checking for aptitude and quant mostly, they are okay with a decently good performance in coding.

Finance
Same as coding. They just want to see you are enthusiastic about finance and are ready to learn more, after having knowing basics.

As long as you crack quant, and do just fine in coding and finance you'll get through. I think (not sure), they do have an individual cut off for last 3 sections - coding and finance cut offs are lower than quant though. Quant is the most important section!
Round 3

Technical + HR Interview

Interview Experience
Interview will be easier - they know you have good aptitude and quant for having cracked the test. Its more like a conversation to check where your skills and interests lie. A couple of questions from probability and puzzles are put through
Interview Tips
They should see your enthusiasm and interests in finance and how well you fit into their firm - depending on your answers to the HR part of the test and questions like - Why finance? Why FinMechanics? Why not core? Why not higher studies?
Round 4

HR Interview

Interview Experience
In the previous round, there were multiple panels of 2 people each, now all 8-10 people are in a single panel interviewing you. Questions from your HR part of the test - Why this? Why not that? What will you do in this situation? Given two companies, which do you prefer? Given two types of work, which will you prefer?
Interview Tips
Nothing specific - Be yourself. Recall your test answers. Be prepared and confident
Skills

Skills Tested

  • Basic aptitude and probability
  • communication skills
  • confidence
  • HR
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2

FinMechanics Associate consultant interview

115 views
AnonymousFresherSelected
Application
I was interviewed on-campus at IIT Madras for Associate consultant role at FinMechanics
Interview Process
Resume Shortlist Test Technical + HR Interview Technical + HR Interview
Round 1

Resume Shortlist

Interview Experience
CGPA based shortlisting. I think there was a cut-off of 7.5.
Interview Tips
CGPA is very important. Don't let anyone tell you otherwise. Try and maintain above 8.5 to get shortlisted for most companies.
Round 2

Test

No. of Questions
30 questions
Test Sections
  • Section 1: Mathematics
  • Section 2: Programming
  • Section 3: Finance
Interview Experience
Math section involved a few puzzles and a few quantitative aptitude based questions. Programming section tested only the basics. It was language agnostic for the most part but a few questions were based on C. Finance section was probably designed to test your ability to learn new topics quickly. You could answer almost all the questions even without knowing finance as the underlying concept of the problem was explained in a paragraph above the question.
Interview Tips
Practice Quant. Review syntax, data structures and algorithms for the programming section. Read 'DayOne' book's finance section for the finance part.
Round 3

Technical + HR Interview

Interview Questions
  • Question 1: Tell me about yourself? Why FinMechanics? What do you think we do?
  • Question 2: Questions about my Finance internships and projects
  • Question 3: Sorting Algorithms? What is their complexity?
  • Question 4: How would you develop an algorithm for an app like Splitwise with the objective of minimizing the number of transactions among a group of 5?
  • Question 5: There were questions based on my mechanical projects and also on my contribution to the FSAE team
  • Question 6: Basics questions on Finance- Options, VaR, CVaR, Bonds, Time value of money et cetera
Interview Experience
The interview panel had two people. They were warm and welcoming. Started off with my introduction and some resume based questions. Was asked about my internship at Indian School of Business and my Dual Degree Project. Then a few coding questions and the interview ended with questions on finance.
Interview Tips
Make sure that you project your capabilities well in Math, Programming or Finance.
Round 4

Technical + HR Interview

Interview Questions
  • Question 1: Tell me about yourself? Why FinMechanics? What do you know about us? Walk me through your resume.
  • Question 2: Explain in detail about your internship
  • Question 3: What do you plan to do 5 years down the line? Plans of higher studies? Why not an MBA immediately? What are your long term goals?
  • Question 4: Tell me of a time when you had conflicting opinions in a team and how you resolved it.
Interview Experience
All the employees (around 10 people) who came for the interviews were present in the room. It was slightly intimidating in the beginning to face so many interviewer. But they were really friendly and the interview went pretty well.
Interview Tips
Refer 64 HR Questions book for HR preparation. Don't read the answers but use the questions to prepare your answers.

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3

FinMechanics Associate consultant interview

111 views
Harshit GuptaFresherSelected
Application
I was interviewed on-campus at IIT Madras for Associate consultant role at FinMechanics
Interview Process
Test Technical + HR Interview
Round 1

Test

Test Sections
  • Section 1: Quant
Interview Experience
Math+Fin(basic: no pre-requisite knowledge)
Interview Tips
Subjective questions. So there is weightage for the approach being followed as well.
Round 2

Technical + HR Interview

Interview Experience
Be thorough with everything on your resume, if any course/projects in finance, definitely expect questions on them. Other questions can be puzzles/quant questions.
Interview Tips
Convey thoughts/ideas clearly.
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