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Ascensus Interview Questions and Answers
Ascensus Interview Experiences
5 interviews found
Anonymous
I applied via Company Website and was interviewed in Feb 2024. There were 2 interview rounds.
(2 Questions)
- Q1. Explain about 401k process
- Ans.
401k process involves setting up retirement savings plan where employees contribute a portion of their salary and employers may match a percentage.
Employees contribute a percentage of their salary to a 401k account
Employers may offer matching contributions up to a certain percentage
Contributions are typically invested in a variety of funds
Withdrawals before retirement age may incur penalties
- Q2. Explain about define contribution and define benefits
- Ans.
Contribution refers to what an individual or entity brings to a situation, while benefits are the positive outcomes or rewards received as a result.
Contribution involves the input, effort, or resources provided by a person or organization.
Benefits are the advantages, rewards, or positive outcomes gained from the contribution.
In a business context, contribution can be in the form of skills, expertise, or financial resou...
(2 Questions)
- Q1. Deferred annuity vs immediate annuity
- Ans.
Deferred annuity pays out at a later date, while immediate annuity starts paying out right away.
Deferred annuity allows for accumulation of funds before payouts begin
Immediate annuity provides regular income immediately after purchase
Deferred annuity is often used for retirement planning, while immediate annuity is for immediate income needs
- Q2. US retirement process types and explain
- Ans.
US retirement process types include Social Security, 401(k), and pension plans.
Social Security: Government-funded retirement benefits based on work history.
401(k): Employer-sponsored retirement savings plan where employees contribute a portion of their salary.
Pension plans: Employer-funded retirement benefits based on years of service and salary.
Interview Preparation Tips
Senior Process Analyst Interview Questions asked at other Companies
I applied via Naukri.com and was interviewed in Dec 2023. There were 2 interview rounds.
Basic aptitude and reasoning test .time given 15 mins
(1 Question)
- Q1. They asked more about the resume and project done
Interview Preparation Tips
Associate Financial Analyst Interview Questions asked at other Companies
Selected
I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.
(1 Question)
- Q1. Asking about introduction and previous experience
(1 Question)
- Q1. About introduction and previous experience
Financial Analyst Interview Questions asked at other Companies
I applied via Approached by Company and was interviewed in Jul 2022. There was 1 interview round.
(4 Questions)
- Q1. Self Introduction with current work profile
- Q2. Cash Balance calculation Formula
- Q3. 70.5 Rules and new rule changes
- Q4. Payroll Process, Team handling questions, How do you rate team members.
Interview Preparation Tips
Ascensus interview questions for popular designations
Selected
I applied via Naukri.com and was interviewed before Mar 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Where j was aked about myself and basic accounting questions
- Q2. Prepare accordingly and give them answers
Interview Preparation Tips
Associate Financial Analyst Interview Questions asked at other Companies
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I appeared for an interview before Jun 2016.
Interview Questionnaire
1 Question
- Q1. Java related questions on Oops concept and Multithreading
Interview Preparation Tips
Experience: Simple aptitude and reasoning questions little java based programming
Tips: Basic programming knowledge and good aptitude
Duration: 1 hour
Total Questions: 60
Round: Technical Interview
Experience: Normal questions on Java, basic programming questions like reverse no. , String related and logical coding
Tips: What u mentioned on your resume go through that only, they will not ask apart from your resume
Skills: How Well You Are Able To Communicate What You Wanted To Tell, Programming
College Name: SRCEM
I appeared for an interview before Aug 2016.
Interview Preparation Tips
Experience: I am vinothkumar from Dindugal, I was studied computer engineering in Madurai institute of engineering and technology at sivagangai, I am quality controller in RR DONNELLY at Chennai, my experience 2 years, my family staying in native, my father palanichami he is a former, my mother tamilselvi she is home maker and my one yelder brother Vijayakumar he is driver, I am interested area software engineer, my hobbies are listening music, reading book and news paper, playing and watching cricket
Tips: No comments
Round: Test
Experience: I am vinothkumar from Dindugal, I was studied computer engineering in Madurai institute of engineering and technology at sivagangai, I am quality controller in RR DONNELLY at Chennai, my experience 2 years, my family staying in native, my father palanichami he is a former, my mother tamilselvi she is home maker and my one yelder brother Vijayakumar he is driver, I am interested area software engineer, my hobbies are listening music, reading book and news paper, playing and watching cricket
Tips: No comments
Total Questions: 15
Round: Test
Experience: See my mentality
Tips: No comments
Duration: 45 minutes
Round: Group Discussion
Experience: Communication
Tips: No comments
Skills: Communication And Confidence
Interview Preparation Tips
Experience: CAT-type data interpretation test.30 questions in 35 minutes.Fast graph interpretation and quick calculations.
Tips: CAT preparation will help.
Duration: 35 minutes
Total Questions: 30
Round: Case Study Interview
Experience: A simple case, based on the credit card industry or any other field, is given. Cases lay more focus on quantitative skills apart from the focus on asking the right questions.There is a shortlist made after each case round.
Tips: Fast calculation and insight into what data may be required to solve the case are essential.Practice the cases given on their website and at www.beprepared.in.
Round: Behavorial Interview
Experience: Questions are asked based on incidents- give examples of instances when you led a team successfully or when you had to go against your team, etc.
Tips: Practice HR questions from HLPQ.
General Tips: Positions Of Responsibility (PORs) are required but not mandatory. They are of secondary importance if one has scored well in the exam. A good CV with good internships/projects will help one to get shortlisted.
Skill Tips: "Student needs to be quick with simple percentage calculations."
Skills: Basic Quantitative skills
College Name: IIT Kharagpur
Interview Preparation Tips
Experience: Written Test ( DI questions, each involving 2-3 plots)
Round: Interview
Experience: Started with a “Tell me something about your-self question”. I believe it was just to set the ball rolling and was not evaluated. The interviewer then gave me a case question wherein I had to make a choice between a diesel and a petrol car. There were 3 parts to the question (some candidates were asked 1 / 2 as well). The first dealt with finding the breakeven point given the basic set of cost, fuel price and fuel consumption data. Next was to find breakeven considering the money was acquired at a certain rate of interest (bond/loan). Both these results involved basic calculation and I was comfortable with them. The final part was about calculating the breakeven, again, but this time considering depreciation. This is where I was caught off guard and though I did turn up with a figure, the interviewer was not completely satisfied.
General Tips: Do get a basic background of the firm and also about terms in the related field.
Skill Tips: I was not hesitant and was reasonably confident while answering. What went wrong was perhaps the fact that I was caught unaware of how depreciation works and how it had to be included in the equation. I fumbled a lot with the equation and puzzled as to where to include terms for depreciation etc.
College Name: IIT KANPUR
Interview Preparation Tips
Experience: There was test which was purely data analysis and calculator was allowed. So the procedure that they follow is that first they shortlist 50 people and a small case interview is followed. The case I was asked was to calculate the change in the cost of a grocery store if it has changed its model from cash on delivery with a physical store to an online portal which has cash on delivery option. As I had practiced it already I took some time to give structure and then gave 3-4 reasons for change in cost and then he gave me some numbers based on which I had to calculate the break even time period or amount . But I think he expected a little bit different approach or was searching for a different solution as I wasn't selected for the final interview sessions. I think 22 people were selected for the final interview session out of which 2 people were finally selected in Cap One.
College Name: IIT KANPUR
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