Auctus Advisors Intern Interview Questions, Process, and 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

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