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Auctus Advisors Intern Interview Questions, Process, and Tips for Freshers
Updated
24 Nov 2015
Top Auctus Advisors Intern Interview Questions and Answers for Freshers
- Q1. Case : Company A manufactures beer bottles and has only 1 customer B. A sells 50 lakhs bottles per annum. B might raise the demand to 1 crore “after a month” in case IPL ...read more
- Q2. I have a piece of land. Should I sell off the land or build a school on it. For this guesstimate, you need to ask a lot of questions and calculate the cost of establishin ...read more
- Q3. How is Auctus different from other consulting firms?
2 Auctus Advisors Intern Interview Experiences for Freshers
20 questions found
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Anonymous
5 Interview Rounds
Interview Questions
- Q1. About me
View Answers (1)
- Q2. Why consulting and why are you a right fit
View Answers (1)
- Q3. CV related questions
Add Answer
- Q4. Consulting is very challenging. Do you think it is in line with what you want to do in life
View Answers (1)
- Q5. Are you fine with travelling for work
View Answers (1)
- Q6. What qualities does a consultant need
View Answers (1)
- Q7. What is the difference between solving a case in an interview and solving a case practically for a client
Add Answer
- Q8. There is a beer company. Its current sales is X. It manufactures the beer bottles in-house at present. Since the World Cup is approaching, it is expected that t...read more
Add Answer
- Q9. I have a piece of land. Should I sell off the land or build a school on it. For this guesstimate, you need to ask a lot of questions and calculate the cost of e...read more
View Answers (1)
Interview Preparation Tips
Round: Case Study Interview
Experience: I could come up with all the possible scenarios quickly. I calculated the expected profits for each of the scenarios and came up with the best one. This case could have been solved using opportunity cost of each scenario as well.
General Tips: Be confident. They are looking for enthusiastic people, good communication skills and presence of mind.
Skills:
College Name: IIM Lucknow
Experience: I could come up with all the possible scenarios quickly. I calculated the expected profits for each of the scenarios and came up with the best one. This case could have been solved using opportunity cost of each scenario as well.
General Tips: Be confident. They are looking for enthusiastic people, good communication skills and presence of mind.
Skills:
College Name: IIM Lucknow
3 Interview Rounds
Interview Questions
- Q1. Tell me about yourself
View Answers (2)
- Q2. My PORs at IIT
Add Answer
- Q3. Discussion about my work ex
Add Answer
- Q4. When in a group – are you the silent one or the one who speaks the most
View Answers (1)
- Q5. Asked to narrate a good story based on my POR
Add Answer
- Q6. Why consulting?
View Answers (1)
- Q7. Why consult?
View Answers (1)
- Q8. Why Auctus?
View Answers (1)
- Q9. How is Auctus different from other consulting firms?
View Answers (1)
- Q10. Case : Company A manufactures beer bottles and has only 1 customer B. A sells 50 lakhs bottles per annum. B might raise the demand to 1 crore “after a month” in...read more
View Answers (1)
- Q11. Case : A company is planning to construct a school in Indore. Suggest construction options for profit
Add Answer
Interview Preparation Tips
Round: HR Interview
Experience: I was Well prepared for – why consult, why Auctus and about the company. I was confident and the discussion was very interactive.
Round: Case Study Interview
Experience: For the first case : I started the case by stating (drawing tree) that there are 2 possibilities i) go for increased production ii) not go for increased production.
In case (i) there are 2 possibilities a) purchase the new machine or b) get from 3rd party.
In case (i)(a) again there are 2 possibilities (1) machine is defective (2) it is not
Followed by stating: to deduce the most appropriate option we need to calculate expected value of profit for each case for which I asked following questions: Current capacity of production (75 lakhs), probability of occurrence of event (IPL), current cost, cost of buying new machine, probability of it being defective and consequences, cost of getting from 3rd party, profit per bottle. (Asked other questions as and when required).
Then computed expected value of profit for each of the 3 possible options and suggested to go for one with maximum expected value of profit.
Discussed the case for about 45 mins
For the Second case : I started with questions Does the company has prior experience in this sector? How many schools are there in surrounding area and type? Which part of the city are we aiming at (outskirts)? Since it was on outskirts I suggested that it could go for full + day boarding and continued further on that: type of school (medium, standards, registration fee).
He stated that the land was quite big and cheaper (as it is located on outskirts). I suggested that company could invest in other options like sports (swimming pool, TT etc.) for which it could charge. Could lend a portion for cafeteria etc.
Didn’t discuss much on this case due to lack of time
General Tips: Ask clarification questions. Think loud. Have a good discussion.
Stay calm, confident and happy. Enjoy the process.
Skills:
College Name: IIM Lucknow
Experience: I was Well prepared for – why consult, why Auctus and about the company. I was confident and the discussion was very interactive.
Round: Case Study Interview
Experience: For the first case : I started the case by stating (drawing tree) that there are 2 possibilities i) go for increased production ii) not go for increased production.
In case (i) there are 2 possibilities a) purchase the new machine or b) get from 3rd party.
In case (i)(a) again there are 2 possibilities (1) machine is defective (2) it is not
Followed by stating: to deduce the most appropriate option we need to calculate expected value of profit for each case for which I asked following questions: Current capacity of production (75 lakhs), probability of occurrence of event (IPL), current cost, cost of buying new machine, probability of it being defective and consequences, cost of getting from 3rd party, profit per bottle. (Asked other questions as and when required).
Then computed expected value of profit for each of the 3 possible options and suggested to go for one with maximum expected value of profit.
Discussed the case for about 45 mins
For the Second case : I started with questions Does the company has prior experience in this sector? How many schools are there in surrounding area and type? Which part of the city are we aiming at (outskirts)? Since it was on outskirts I suggested that it could go for full + day boarding and continued further on that: type of school (medium, standards, registration fee).
He stated that the land was quite big and cheaper (as it is located on outskirts). I suggested that company could invest in other options like sports (swimming pool, TT etc.) for which it could charge. Could lend a portion for cafeteria etc.
Didn’t discuss much on this case due to lack of time
General Tips: Ask clarification questions. Think loud. Have a good discussion.
Stay calm, confident and happy. Enjoy the process.
Skills:
College Name: IIM Lucknow
Top trending discussions
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Interview Tips & Stories
2w (edited)
a consultant
Alternate documents for Employee verification?
My new employer asked for my previous offer letters and salary slips. When I inquired, they said it was for background verification.
However, I feel that providing these documents might affect salary negotiations, and it feels a bit unethical too.
What alternative documents can I provide for employment verification?
Got a question about Auctus Advisors?
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Interview questions from similar companies
Interview experience
Excellent
Difficulty level
-
Duration
-
Result
-
3 Interview Rounds
1
Aptitude Test Round
Allm maths and probability
2
Technical Round (1 Question)
- Q1. Oops concept specifer constructor Add Answer
3
HR Round (1 Question)
- Q1. What is strength View Answers (1)
Interview experience
Good
Difficulty level
-
Duration
-
Result
-
2 Interview Rounds
1
Technical Round (1 Question)
- Q1. Details of various audit and accounting aspects Add Answer
2
HR Round (2 Questions)
- Q1. Why chosen the firm Add Answer
- Q2. Personal details Add Answer
Interview Preparation Tips
Interview preparation tips for other job seekers - Stay confident
Interview experience
Average
Difficulty level
Moderate
Duration
Less than 2 weeks
Result
Not Selected
I applied via LinkedIn and was interviewed before Oct 2023.
2 Interview Rounds
1
Aptitude Test Round
30 min. Aptitude logical reasoning
2
Group Discussion Round
Commercial topics it may be any thing
I applied via Company Website and was interviewed before Sep 2021.
2 Interview Rounds
1
Aptitude Test Round
Standard aptitude test, go through your quant and some reasoning as well.
2
One-on-one Round (1 Question)
- Q1. Where do you see yourself in 5 years? Add Answer
Interview Preparation Tips
Interview preparation tips for other job seekers - Be prepared for Guesstimates, show eagerness to take on the research role, show your interest in the research field.
1 Interview Round
Interview Questions
- Q1. Tell me about yourself
View Answers (1)
- Q2. The case was based on a tractor manufacturer and the falling market share of the company. The primary idea was to lay out all possible reasons for such a fall b...read more
Add Answer
- Q3. The aim was to improve the profit per ton of cement sold. This was again a quantitative case where the different transportation routes were to be mapped and the...read more
Add Answer
- Q4. This was a case discussion as opposed to a case solving exercise. Here the interviewer discussed the various possibilities for starting a new shop in terms of p...read more
Add Answer
Interview Preparation Tips
Round: Case Study Interview
Experience: The first round required a systematic approach and therefore adequate preparation helped to solve this case in a structured manner.
Tips: Overall presenting ideas with logic and structure helped me.
Round: Case Study Interview
Experience: The second round did not go well for me. Here it was easy to get lost in the many levels of the case and therefore it would be useful to attempt some quantitative cases as well. Along with this, it was important to stay calm when solving the case was hard which I was not able to do well enough.
General Tips: Prepare hard and work on exploring all possible options within a case.
Skills:
College Name: IIM Lucknow
Experience: The first round required a systematic approach and therefore adequate preparation helped to solve this case in a structured manner.
Tips: Overall presenting ideas with logic and structure helped me.
Round: Case Study Interview
Experience: The second round did not go well for me. Here it was easy to get lost in the many levels of the case and therefore it would be useful to attempt some quantitative cases as well. Along with this, it was important to stay calm when solving the case was hard which I was not able to do well enough.
General Tips: Prepare hard and work on exploring all possible options within a case.
Skills:
College Name: IIM Lucknow
4 Interview Rounds
Interview Questions
- Q1. Tell me something about yourself, .
Add Answer
- Q2. Asked a lot about my start-up as to how and why I started it, etc. – explained him the problems we faced in scaling it up
Add Answer
- Q3. Got a case related to the previous questions– If I get a funding of Rs. 10 Cr, what will I do?
Add Answer
- Q4. Explained him the strategies that we had thought about – Products that we were planning to introduce, the ways we thought of expanding geographically, etc
Add Answer
- Q5. He made me do a Guesstimate on the expected no of customers in 3 years
Add Answer
- Q6. Tell me something about yourself
Add Answer
- Q7. Why consulting?
Add Answer
- Q8. Why McKinsey?
Add Answer
- Q9. Guesstimate – Expected sales of iPhone 6 in India
View Answers (1)
Interview Preparation Tips
Round: Case Study Interview
Experience: Followed a top-down approach for guesstimate – Rural/ urban – age – income level – need-gap.
The interview was absolutely perfect. Since it was a case related to my start-up, I had a few ideas in mind on the expansion front. I took the cue on the guesstimate and jumped onto it.
General Tips: Try to do some cases related to your work-experience.
Skills:
College Name: IIM Lucknow
Experience: Followed a top-down approach for guesstimate – Rural/ urban – age – income level – need-gap.
The interview was absolutely perfect. Since it was a case related to my start-up, I had a few ideas in mind on the expansion front. I took the cue on the guesstimate and jumped onto it.
General Tips: Try to do some cases related to your work-experience.
Skills:
College Name: IIM Lucknow
Interview experience
Good
Difficulty level
Hard
Duration
Less than 2 weeks
Result
Not Selected
I applied via Walk-in and was interviewed in Sep 2023.
4 Interview Rounds
1
Resume Shortlist Round
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
2
Aptitude Test Round
ATTENTION TO DETAILS NUMBER SERIES ETC.
3
Technical Round (1 Question)
- Q1. DERRIVATIVES MUTUAL FUNDS View Answers (1)
4
HR Round (1 Question)
- Q1. WHY DO YOU WANT TO JOIN BLACKROCK Add Answer
Interview Preparation Tips
Interview preparation tips for other job seekers - EVEN IF YOU ARE WRONG BE CONFIDENT
Auctus Advisors Interview FAQs
What are the top questions asked in Auctus Advisors Intern interview for freshers?
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