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Altisource and Ocwen Interview Questions and Answers

Updated 24 Nov 2015

Altisource and Ocwen Interview Experiences

2 interviews found

Intern Interview Questions & Answers

user image Rishika Malik

posted on 6 Nov 2015

Interview Questionnaire 

3 Questions

  • Q1. Please run me through your CV
  • Q2. What do you know about our company?
  • Q3. Please ask me any anything you want to know

Interview Preparation Tips

Round: HR Interview
Experience: I gathered a lot of information about Altisource and Ocwen and the services it provides. Ocwen basically does loan servicing. Altisource provides technology solutions to companies, it has its own online real estate marketplace, Hubzu etc. Loan servicing is uncommon in India and it is important to understand it if one wants to crack this company. Sufficient information is available on the company websites.
Tips: Along with discussion on company. what are the various services which Altisource offers, what is loan servicing etc. There are 5 different Altisource companies. Read about them. A lot of information is available on the Altisource and Ocwen websites

Skills:
College Name: IIM Lucknow

Intern Interview Questions asked at other Companies

Q1. Case. There is a housing society “The wasteful society”, you collect all the household garbage and sell it to 5 different businesses. Determine what price you will pay to the society members in Rs/kg, given you want to make a profit of 20% ... read more
View answer (8)

Intern Interview Questions & Answers

user image Somya Sheshank

posted on 6 Nov 2015

Interview Questionnaire 

2 Questions

  • Q1. Tell me everything you know about Altisource
  • Ans. 

    Altisource is a global provider of real estate and mortgage solutions.

    • Provides services like property management, valuation, and title and settlement services

    • Offers mortgage and real estate software solutions

    • Has a strong presence in India with multiple offices and employees

    • Has faced controversies related to its business practices and management

  • Answered by AI
  • Q2. Tell me about your job?

Interview Preparation Tips

Round: HR Interview
Experience: I had contacted seniors at Altisource, so I had a decent knowledge of the functioning of the company. However, the interviewer was not impressed and expected extremely fine details about the company. For the second question, they were interested in knowing your role in as much details as possible. They were looking for some kind of a match between the role they had in mind and your background.
Tips: Present your work ex details in a manner which is easily understandable and shows a match with their requirements.

Skills:
College Name: IIM Lucknow

Intern Interview Questions asked at other Companies

Q1. Case. There is a housing society “The wasteful society”, you collect all the household garbage and sell it to 5 different businesses. Determine what price you will pay to the society members in Rs/kg, given you want to make a profit of 20% ... read more
View answer (8)

Interview questions from similar companies

Intern Interview Questions & Answers

Amazon user image Himani Anand1

posted on 28 Oct 2015

Interview Questionnaire 

1 Question

  • Q1. Binary Tree concepts

Interview Preparation Tips

Round: Test
Experience:
Tips:
Duration: 120 minutes
Total Questions: 22

Round: Technical Interview
Experience:
Tips:

General Tips:
Skill Tips:
Skills: Algorithmic Approach To Problem Solving, Data Structures, Core Courses Concepts
College Name: IIM Lucknow

I was interviewed in Aug 2016.

Interview Questionnaire 

3 Questions

  • Q1. To reverse Linked List in pair of three.
  • Ans. 

    Reverse a linked list in pairs of three.

    • Create a function that takes the head of the linked list as input.

    • Traverse the linked list in pairs of three and reverse each pair.

    • Update the head of the linked list to the new head after reversing each pair.

    • Return the new head of the linked list.

  • Answered by AI
  • Q2. Search a number in sorted rotated array.
  • Ans. 

    Search a number in sorted rotated array.

    • Use binary search to find the pivot point where the array is rotated

    • Determine which half of the array the target number may be in

    • Perform binary search on the appropriate half of the array to find the target number

  • Answered by AI
  • Q3. A dynamic programming question was there to find a path in matrix.

Interview Preparation Tips

Round: Technical Interview
Experience: Interviewer mainly focused on problem solving skill.

Skills: Algorithm
College Name: KIIT University

Skills evaluated in this interview

Intern Interview Questions & Answers

Accenture user image Adhiraj Singh

posted on 6 May 2017

I was interviewed before May 2016.

Interview Questionnaire 

2 Questions

  • Q1. 1. Ranbaxy production is falling. Give me the structure and exhaustive list. 2. Ranbaxy profits are falling. Give me the structure of all the parameters under consideration
  • Q2. 1. Calculate the cost of the disease ( opportunity cost+ medical expenses+ social +emotional cost ) 2. List down all the parameters to be considered while constructing a Toll booth on a highway to generate...

Interview Preparation Tips

Round: Other Interview
Experience: Tell me about yourself
Why AMC?
Why Consulting?
Why not finance?
Why MBA from Engineering?

Intern Interview Questions & Answers

Accenture user image Ankit Singhania

posted on 27 Nov 2015

Interview Questionnaire 

7 Questions

  • Q1. Why not finance?
  • Ans. 

    I am more interested in gaining experience in a different field.

    • I have always been fascinated by the intersection of technology and business, which led me to pursue a degree in computer science.

    • During my studies, I discovered my passion for coding and problem-solving, which made me realize that I wanted to explore a career in the tech industry.

    • While finance is undoubtedly an important field, I believe that my skills an...

  • Answered by AI
  • Q2. Why MBA from Engineering?
  • Q3. Case
  • Q4. Tell me about yourself
  • Q5. Why AMC?
  • Q6. Why Consulting?
  • Q7. Any question you would like to us?
  • Ans. 

    Yes, what are the biggest challenges facing your company currently?

    • Ask about company's current challenges

    • Shows interest in company's well-being

    • Can help tailor answers to show how you can contribute

  • Answered by AI

Interview Preparation Tips

Round: Case Study Interview
Experience: CASE
1. Ranbaxy production is falling. Give me the structure and exhaustive list.
2. Ranbaxy profits are falling. Give me the structure of all the parameters under consideration.

Round: Case Study Interview
Experience: 1. Calculate the cost of the disease ( opportunity cost+ medical expenses+ social +emotional cost )
2. List down all the parameters to be considered while constructing a Toll booth on highway to generate maximum revenue.

General Tips: Read about the company on their website and include that information in your answers.
Practise basic case solving frameworks
Skills:
College Name: IIM Lucknow

Intern Interview Questions & Answers

Accenture user image Vishwas Nandan R

posted on 4 Nov 2015

Interview Questionnaire 

13 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a highly motivated individual with a passion for learning and a strong work ethic.

    • I have a degree in computer science and have completed several internships in the tech industry.

    • I am proficient in programming languages such as Java, Python, and C++.

    • I have experience working in both team and individual settings, and am comfortable with both.

    • I am a quick learner and am always looking for ways to improve my skills an

  • Answered by AI
  • Q2. Why consulting?
  • Ans. 

    Consulting offers the opportunity to work on diverse projects, solve complex problems, and make a meaningful impact on clients' businesses.

    • Consulting provides exposure to a variety of industries and business functions.

    • Consultants work on challenging projects that require creative problem-solving skills.

    • Consultants have the opportunity to make a significant impact on clients' businesses.

    • Consulting offers a fast-paced an...

  • Answered by AI
  • Q3. Why Accenture?
  • Ans. 

    Accenture is a global company with a diverse range of clients and projects, offering opportunities for growth and development.

    • Accenture has a strong reputation in the industry and is known for its innovative solutions

    • The company has a global presence, providing opportunities to work with clients from different countries and cultures

    • Accenture offers a wide range of services, from strategy consulting to technology implem...

  • Answered by AI
  • Q4. Work ex related questions
  • Q5. Calculate ROI of your project at Hero Motocorp
  • Ans. 

    The ROI of my project at Hero Motocorp was calculated by comparing the project's benefits to its costs.

    • Identified all costs associated with the project

    • Quantified the benefits of the project

    • Calculated the net profit of the project

    • Divided the net profit by the total cost of the project to get the ROI

    • Example: If the net profit was $100,000 and the total cost was $50,000, the ROI would be 200%

  • Answered by AI
  • Q6. Which subject did you like the most in first term?Explain economies of scale? Why does the cost increase after certain volume? How can that be avoided?
  • Ans. 

    I enjoyed studying economics the most in my first term. Economies of scale occur when production costs decrease as output increases. However, after a certain volume, costs increase due to diminishing returns.

    • Economies of scale refer to the cost advantages that a business can achieve by increasing production output.

    • As production increases, fixed costs are spread over a larger output, resulting in lower average costs.

    • How...

  • Answered by AI
  • Q7. Repeated questioning on why management? and why consulting?
  • Q8. How comfortable would you be in applying your work ex. related learnings in a bank?
  • Q9. Questions related to my work ex at Hero Motocorp
  • Q10. Explain ABC Analysis
  • Ans. 

    ABC Analysis is a technique used in inventory management to categorize items based on their importance.

    • Items are categorized into three groups: A, B, and C.

    • Group A items are the most important and require the most attention.

    • Group C items are the least important and require the least attention.

    • The analysis is based on the Pareto principle, which states that 80% of the effects come from 20% of the causes.

    • ABC Analysis hel...

  • Answered by AI
  • Q11. Questions related to Flipkart’s Big billion Day - What is the motive behind Flipkart’s big billion day?
  • Q12. Given the negative publicity that flipkart witnessed, would you as an entrepreneur have such a sale for your company?
  • Ans. 

    As an entrepreneur, I would prioritize customer satisfaction and ethical business practices over short-term gains.

    • Negative publicity can have long-lasting effects on a company's reputation and customer trust.

    • Instead of focusing on sales at any cost, I would prioritize building a loyal customer base through quality products and excellent customer service.

    • I would also ensure that my company operates ethically and transpa...

  • Answered by AI
  • Q13. Estimate the customers that flipkart would have gained due to the Big billion day
  • Ans. 

    It is difficult to estimate the exact number of customers gained by Flipkart due to the Big Billion Day sale.

    • Flipkart reported a 65% increase in new customers during the sale period.

    • The company claimed to have sold 10 million products in the first hour of the sale.

    • Many customers may have made repeat purchases due to the attractive discounts.

    • The sale may have also attracted customers who were previously loyal to other e...

  • Answered by AI

Interview Preparation Tips

Round: Other Interview
Experience: Questions were mostly related to Flipkart’s Big Billion Day
1) Guesstimate the number of customers flipkart would have gained due to the Big Billion Day sale.
- Calculated it for a smaller area taking IIML as sample and suggested about extrapolating these numbers to a city like Lucknow or maybe even India
- Mentioned about the skew in the results if extrapolation was done with IIML as sample.
- Explained about the error corrections that must be considered while extrapolating like Computer literacy, awareness about the sale, internet availability etc.

General Tips: Structured approach to all the answers. Be confident throughout the process and involve the interviewers. Research on the various divisions of Accenture and the kind of projects taken up by those divisions
Know your CV well
Preparation of HR answers is crucial
Skills:
College Name: IIM Lucknow

Intern Interview Questions & Answers

Accenture user image Karthick Nivas

posted on 4 Nov 2015

Interview Questionnaire 

4 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a highly motivated individual with a passion for learning and a strong work ethic.

    • I have a Bachelor's degree in Computer Science

    • I have completed several internships in software development

    • I am proficient in programming languages such as Java and Python

    • I am a quick learner and enjoy taking on new challenges

  • Answered by AI
  • Q2. Why consulting?
  • Ans. 

    Consulting offers the opportunity to work on diverse projects, solve complex problems, and learn from experienced professionals.

    • Opportunity to work on diverse projects

    • Solve complex problems

    • Learn from experienced professionals

    • Exposure to different industries and sectors

    • Opportunity to make a significant impact on clients' businesses

  • Answered by AI
  • Q3. Questions on my CV - Long discussion on projects that I did at Flipkart
  • Q4. A marketing strategy case. Client is a perfume seller in Jaipur. The perfumes he sells are not to be found anywhere else in the world. The product has not been tried by people elsewhere apart from the city...
  • Ans. 

    Create a digital marketing campaign targeting tourists and potential customers outside Jaipur.

    • Create a website and social media pages to showcase the unique perfumes and their ingredients.

    • Partner with local hotels and travel agencies to promote the perfumes to tourists.

    • Offer discounts or promotions for customers who refer their friends and family.

    • Create a loyalty program to incentivize repeat customers.

    • Consider expandi...

  • Answered by AI

Interview Preparation Tips

Round: HR Interview
Experience: Some discussion on the “Digital” focus area of Accenture. I asked the interviewer about his experience at operations projects at the company. (Operations was his area of specialisation)


Round: Case Study Interview
Experience: The case was very interactive. The interviewer expected me to frame a structure and ask the right questions. There was a lengthy discussion at the end about pricing and the right marketing campaign to be chosen.
Tips: I was able to hold onto my point albeit minor modifications in light of continuous questions and interruptions by the interviewer. The interviewer, I believe he was trying to test my composure and I think I did well by sharing with him the logic of my answers.
I was unsure about some of my points after being mocked by the interviewer. My lack of knowledge of perfumes was a bit of a problem.

General Tips: Be cool and logical in your thinking. The interviewer looks for gaps in your thought process. So, list out any assumptions that you take inadvertently in your mind.
Skills:
College Name: IIM Lucknow

Intern Interview Questions & Answers

Accenture user image Himani Anand1

posted on 31 Oct 2015

Interview Questionnaire 

13 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a highly motivated individual with a passion for learning and a strong work ethic.

    • I have a degree in computer science and have completed several internships in software development.

    • I am proficient in programming languages such as Java, Python, and C++.

    • I am a quick learner and enjoy taking on new challenges.

    • I am a team player and have experience working collaboratively on projects.

    • I am excited about the opportunity...

  • Answered by AI
  • Q2. Why Consulting?
  • Ans. 

    Consulting offers diverse challenges and opportunities to work with different clients and industries, providing a dynamic and rewarding career.

    • Consulting allows me to work with a variety of clients and industries, providing a diverse range of challenges and opportunities.

    • I enjoy problem-solving and providing strategic advice to help clients achieve their goals.

    • Consulting offers a dynamic and fast-paced work environment...

  • Answered by AI
  • Q3. What have you done in IIM Lucknow all this while?
  • Ans. 

    I have pursued my MBA at IIM Lucknow and have been involved in various academic and extracurricular activities.

    • Completed core courses in finance, marketing, operations, and strategy

    • Participated in case study competitions and won prizes

    • Organized cultural events and managed logistics

    • Volunteered for social initiatives like blood donation drives and teaching underprivileged children

    • Interned at a leading consulting firm and

  • Answered by AI
  • Q4. Favourite subjects- Questions covering accounts, ratios, interpretation of financial statements
  • Q5. Questions on Capital Asset Pricing model
  • Q6. Other models to measure risk ( Harry Markovitz model)
  • Ans. 

    Harry Markowitz model is a portfolio optimization model that helps investors to minimize risk and maximize returns.

    • The model uses diversification to minimize risk

    • It considers the correlation between assets

    • It helps investors to find the optimal portfolio

    • Other models to measure risk include the Capital Asset Pricing Model (CAPM) and the Fama-French Three-Factor Model

    • CAPM measures the expected return of an asset based on ...

  • Answered by AI
  • Q7. Which one is better?
  • Q8. NPV vs IRR
  • Ans. 

    NPV and IRR are both methods used to evaluate the profitability of an investment, but they differ in their approach.

    • NPV calculates the present value of future cash flows, while IRR calculates the rate at which the investment breaks even.

    • NPV assumes a discount rate, while IRR assumes a reinvestment rate.

    • NPV is more accurate when comparing investments with different cash flow patterns, while IRR can be misleading in such...

  • Answered by AI
  • Q9. My stand on US- Syria war, Hong Kong protests
  • Q10. Why consulting
  • Ans. 

    Consulting offers the opportunity to work on diverse projects, solve complex problems, and learn from experienced professionals.

    • Exposure to various industries and business models

    • Opportunity to work with experienced professionals

    • Solving complex problems and providing valuable solutions

    • Continuous learning and development

    • Ability to make a significant impact on clients' businesses

  • Answered by AI
  • Q11. How has the journey been so far in IIM Lucknow?
  • Ans. 

    The journey in IIM Lucknow has been challenging yet rewarding.

    • The academic rigor has been intense

    • The diverse student community has enriched the experience

    • The faculty members are knowledgeable and supportive

    • The extracurricular activities have provided opportunities for personal growth

    • Internship and placement opportunities have been promising

  • Answered by AI
  • Q12. Questions about companies preferring lower profit or higher profit ( Shareholder confidence vs tax evasion)
  • Q13. Questions on Income tax provisions, indirect tax provisions

Interview Preparation Tips

Round: Other Interview
Experience: The second round was with Asia Pacific head and it started with him asking me which horizontal or Vertical I see myself in. On mentioning Finance, the whole interview revolved around Financial
Management and Investment concepts besides basic FRA.

Round: Other Interview
Experience: The partner wanted to testify the claims made by the second round interviewer about my inclination towards Finance. He gave me situations and asked me what impact each event or
transaction will have on Profit and loss statement, Balance sheet and Cash flow statement.

General Tips: Have clarity of thought in talking about your area of interest. Have structure, and coherence in HR Answers. Know your CV really well. And maintain your calm, it shows.
Skills:
College Name: IIM Lucknow

Intern Interview Questions & Answers

Accenture user image Pooja Agrawal

posted on 4 Nov 2015

Interview Questionnaire 

8 Questions

  • Q1. Introduction (something not on CV)
  • Q2. Discussion about family,my hostel life & other generic stuff
  • Q3. Interviewer read the comments of R1 and asked about how confident I am with quant. (I messed up some calculations in first round)
  • Q4. How to increase the number of bank accounts of a public sector bank?
  • Ans. 

    Increasing the number of bank accounts of a public sector bank

    • Offer attractive interest rates and benefits to customers

    • Expand the bank's reach by opening new branches in untapped areas

    • Partner with businesses and offer exclusive banking services to their employees

    • Launch targeted marketing campaigns to attract new customers

    • Provide excellent customer service to retain existing customers

  • Answered by AI
  • Q5. How to commoditize the perfume being sold at the Jaipur city palace & used by the royal family?
  • Ans. 

    Commoditizing perfume sold at Jaipur City Palace used by the royal family.

    • Create a brand around the perfume with a unique name and packaging

    • Offer different sizes and variations of the perfume

    • Sell the perfume online and in retail stores

    • Collaborate with popular influencers to promote the perfume

    • Offer limited edition versions of the perfume

    • Create a loyalty program for customers

    • Offer discounts and promotions to attract cus...

  • Answered by AI
  • Q6. Introduction
  • Q7. Reason for a career in Consulting
  • Ans. 

    I am passionate about problem-solving and enjoy working with diverse clients to help them achieve their goals.

    • Consulting offers the opportunity to work on a variety of projects and industries

    • I enjoy collaborating with clients to identify and solve complex problems

    • Consulting provides a fast-paced and challenging work environment

    • I am interested in developing my skills in areas such as strategy, operations, and technology

    • ...

  • Answered by AI
  • Q8. Case was on profitability of a tea packaging company

Interview Preparation Tips

Round: Case Study Interview
Experience: He gave a lot of details: targeted segment, existing customers, mean & median age and income of customers, for the first question.
For the second question, He wanted me to think of a marketing plan for 5-10 mins. He wanted a one- on-one debate rather than a structured solution on paper.

General Tips: HR answers: most important, Have a clear answer for ‘Why consulting’
Involve the interviewer during the case as much as possible.
Skills:
College Name: IIM Lucknow

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