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Avanse Financial Services Product Manager Interview Questions and Answers

Updated 4 Nov 2023

Avanse Financial Services Product Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Oct 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
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
Round 2 - One-on-one 

(1 Question)

  • Q1. What work have u done
Round 3 - One-on-one 

(1 Question)

  • Q1. What work have u done before
Round 4 - HR 

(1 Question)

  • Q1. Salary negotiations

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Approached by Company and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic getting to know you and your background
Round 2 - Case Study 

Pitch an idea to the CEO whether to solve for 5 min grocery delivery or not

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Mostly on CV and projects
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Sep 2022. There were 6 interview rounds.

Round 1 - Resume Shortlist 
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
Round 2 - One-on-one 

(2 Questions)

  • Q1. Previous experience
  • Q2. Problem solving, Product design and guesstimates
Round 3 - Case Study 

Multiple restaurant order in single check out

Round 4 - One-on-one 

(2 Questions)

  • Q1. Previous experience deep dive
  • Q2. Problem solving, product design
Round 5 - Technical 

(2 Questions)

  • Q1. Technical understanding
  • Q2. Tech stack used in previous experience
Round 6 - HR 

(2 Questions)

  • Q1. Why CoinSwitch?
  • Ans. 

    CoinSwitch offers a user-friendly platform for seamless cryptocurrency trading with a wide range of supported coins.

    • User-friendly platform for easy cryptocurrency trading

    • Wide range of supported coins for diverse trading options

    • Highly secure platform for safe transactions

    • Excellent customer support for any queries or issues

  • Answered by AI
  • Q2. Why did you leave previous company?

Interview Preparation Tips

Interview preparation tips for other job seekers - If you want your work life balance to be destroyed and have a lot of money for therapy, you can consider joining this place.

Interview Questionnaire 

15 Questions

  • Q1. I was asked about my experience.
  • Ans. 

    I have 5 years of experience as a Product Manager in the tech industry.

    • Managed the development and launch of multiple successful products

    • Collaborated with cross-functional teams including engineering, design, and marketing

    • Conducted market research and analyzed user feedback to inform product decisions

    • Implemented agile methodologies to improve product development processes

  • Answered by AI
  • Q2. Problems faced in business and how did you solve them? (on my startup experience)
  • Q3. Why did it shut down?(on my startup experience)
  • Q4. Guesstimate number of emails sent on Gmail everyday.
  • Q5. Frequently used products, figure out the pain points for users.
  • Ans. 

    Identifying pain points for users of frequently used products.

    • Conduct user research to understand their needs and challenges

    • Analyze customer feedback and reviews to identify common complaints

    • Observe user behavior and interactions with the product to identify areas of frustration

    • Identify usability issues and areas where the product falls short in meeting user expectations

    • Consider competitive analysis to understand how o

  • Answered by AI
  • Q6. Swiggy is observing a drop in average revenue per user, what might be the reason for it?
  • Ans. 

    The drop in average revenue per user for Swiggy could be due to various reasons.

    • Increased competition from other food delivery apps

    • Decrease in the number of orders per user

    • Discounts and offers provided by Swiggy to attract new users

    • Change in user behavior due to COVID-19 pandemic

    • Increase in delivery charges or service fees

  • Answered by AI
  • Q7. Favourite product (I chose LinkedIn) and how do you improve it?
  • Ans. 

    My favourite product is LinkedIn. I would improve it by enhancing the job search feature and adding more personalized content.

    • Enhance job search feature with more filters and better matching algorithms

    • Add more personalized content based on user's interests and activity

    • Improve messaging system for better communication between professionals

    • Introduce more networking opportunities through events and groups

    • Provide more reso...

  • Answered by AI
  • Q8. Guesstimate the number of people giving an interview in the world at that very moment.
  • Q9. How would you design Jarvis? (Iron man’s AI)
  • Ans. 

    Designing Jarvis would require understanding user needs, defining features, and implementing AI technologies.

    • Conduct user research to understand needs and pain points

    • Define key features such as voice recognition, natural language processing, and machine learning

    • Implement AI technologies such as neural networks and deep learning algorithms

    • Ensure data privacy and security measures are in place

    • Continuously test and iterat

  • Answered by AI
  • Q10. Case study question (on my startup experience) which ended with deciding success metrics, prioritisation and discussing the impact of changes made.
  • Q11. Why Product? How did you prepare for the role?
  • Q12. Questions on product, SQL and abacus (I had mentioned in my CV)
  • Q13. My strengths and weaknesses. Are you an optimist/pessimist, atheist/believer? Do you drink/smoke? And more such..
  • Q14. Say if you had a startup idea and you have 100k users onboarded, would you still continue working for Groww?
  • Ans. 

    Yes, I would continue working for Groww.

    • I believe in the mission and vision of Groww and want to contribute to its growth.

    • Having a successful startup idea with 100k users onboarded is a great achievement, but it doesn't guarantee long-term success.

    • I would explore the possibility of integrating my startup idea with Groww's existing platform to create a win-win situation.

    • Leaving Groww at this stage would not be a wise de...

  • Answered by AI
  • Q15. About my investment, finance and tech knowledge. Suggested tips on what to learn in the last semester remaining.
  • Ans. 

    Tips for improving investment, finance and tech knowledge for a Product Manager role.

    • Read financial news and reports regularly to stay updated on market trends and investment opportunities.

    • Take online courses or attend workshops on financial analysis, data analysis, and product management.

    • Learn about emerging technologies and their potential impact on the industry.

    • Network with professionals in the finance and tech indu...

  • Answered by AI

Interview Preparation Tips

What is your professional and academic background?I worked on a P2P camera rental startup at that time.Groww interview Preparation:What tips would you give to other job seekers? - Use as many products as possible. Be curious and keep asking the right questions, plus train yourself in a structured thinking mindset.

Skills evaluated in this interview

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Approached by Company and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic getting to know you and your background
Round 2 - Case Study 

Pitch an idea to the CEO whether to solve for 5 min grocery delivery or not

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Mostly on CV and projects
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Sep 2022. There were 6 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Previous experience
  • Q2. Problem solving, Product design and guesstimates
Round 3 - Case Study 

Multiple restaurant order in single check out

Round 4 - One-on-one 

(2 Questions)

  • Q1. Previous experience deep dive
  • Q2. Problem solving, product design
Round 5 - Technical 

(2 Questions)

  • Q1. Technical understanding
  • Q2. Tech stack used in previous experience
Round 6 - HR 

(2 Questions)

  • Q1. Why CoinSwitch?
  • Ans. 

    CoinSwitch offers a user-friendly platform for seamless cryptocurrency trading with a wide range of supported coins.

    • User-friendly platform for easy cryptocurrency trading

    • Wide range of supported coins for diverse trading options

    • Highly secure platform for safe transactions

    • Excellent customer support for any queries or issues

  • Answered by AI
  • Q2. Why did you leave previous company?

Interview Preparation Tips

Interview preparation tips for other job seekers - If you want your work life balance to be destroyed and have a lot of money for therapy, you can consider joining this place.

Interview Questionnaire 

15 Questions

  • Q1. I was asked about my experience.
  • Ans. 

    I have 5 years of experience as a Product Manager in the tech industry.

    • Managed the development and launch of multiple successful products

    • Collaborated with cross-functional teams including engineering, design, and marketing

    • Conducted market research and analyzed user feedback to inform product decisions

    • Implemented agile methodologies to improve product development processes

  • Answered by AI
  • Q2. Problems faced in business and how did you solve them? (on my startup experience)
  • Q3. Why did it shut down?(on my startup experience)
  • Q4. Guesstimate number of emails sent on Gmail everyday.
  • Q5. Frequently used products, figure out the pain points for users.
  • Ans. 

    Identifying pain points for users of frequently used products.

    • Conduct user research to understand their needs and challenges

    • Analyze customer feedback and reviews to identify common complaints

    • Observe user behavior and interactions with the product to identify areas of frustration

    • Identify usability issues and areas where the product falls short in meeting user expectations

    • Consider competitive analysis to understand how o

  • Answered by AI
  • Q6. Swiggy is observing a drop in average revenue per user, what might be the reason for it?
  • Ans. 

    The drop in average revenue per user for Swiggy could be due to various reasons.

    • Increased competition from other food delivery apps

    • Decrease in the number of orders per user

    • Discounts and offers provided by Swiggy to attract new users

    • Change in user behavior due to COVID-19 pandemic

    • Increase in delivery charges or service fees

  • Answered by AI
  • Q7. Favourite product (I chose LinkedIn) and how do you improve it?
  • Ans. 

    My favourite product is LinkedIn. I would improve it by enhancing the job search feature and adding more personalized content.

    • Enhance job search feature with more filters and better matching algorithms

    • Add more personalized content based on user's interests and activity

    • Improve messaging system for better communication between professionals

    • Introduce more networking opportunities through events and groups

    • Provide more reso...

  • Answered by AI
  • Q8. Guesstimate the number of people giving an interview in the world at that very moment.
  • Q9. How would you design Jarvis? (Iron man’s AI)
  • Ans. 

    Designing Jarvis would require understanding user needs, defining features, and implementing AI technologies.

    • Conduct user research to understand needs and pain points

    • Define key features such as voice recognition, natural language processing, and machine learning

    • Implement AI technologies such as neural networks and deep learning algorithms

    • Ensure data privacy and security measures are in place

    • Continuously test and iterat

  • Answered by AI
  • Q10. Case study question (on my startup experience) which ended with deciding success metrics, prioritisation and discussing the impact of changes made.
  • Q11. Why Product? How did you prepare for the role?
  • Q12. Questions on product, SQL and abacus (I had mentioned in my CV)
  • Q13. My strengths and weaknesses. Are you an optimist/pessimist, atheist/believer? Do you drink/smoke? And more such..
  • Q14. Say if you had a startup idea and you have 100k users onboarded, would you still continue working for Groww?
  • Ans. 

    Yes, I would continue working for Groww.

    • I believe in the mission and vision of Groww and want to contribute to its growth.

    • Having a successful startup idea with 100k users onboarded is a great achievement, but it doesn't guarantee long-term success.

    • I would explore the possibility of integrating my startup idea with Groww's existing platform to create a win-win situation.

    • Leaving Groww at this stage would not be a wise de...

  • Answered by AI
  • Q15. About my investment, finance and tech knowledge. Suggested tips on what to learn in the last semester remaining.
  • Ans. 

    Tips for improving investment, finance and tech knowledge for a Product Manager role.

    • Read financial news and reports regularly to stay updated on market trends and investment opportunities.

    • Take online courses or attend workshops on financial analysis, data analysis, and product management.

    • Learn about emerging technologies and their potential impact on the industry.

    • Network with professionals in the finance and tech indu...

  • Answered by AI

Interview Preparation Tips

What is your professional and academic background?I worked on a P2P camera rental startup at that time.Groww interview Preparation:What tips would you give to other job seekers? - Use as many products as possible. Be curious and keep asking the right questions, plus train yourself in a structured thinking mindset.

Skills evaluated in this interview

Avanse Financial Services Interview FAQs

How many rounds are there in Avanse Financial Services Product Manager interview?
Avanse Financial Services interview process usually has 4 rounds. The most common rounds in the Avanse Financial Services interview process are One-on-one Round, Resume Shortlist and HR.
How to prepare for Avanse Financial Services Product Manager interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Avanse Financial Services. The most common topics and skills that interviewers at Avanse Financial Services expect are Product Management, Performance Management, Stakeholder Management, Analytical Chemistry and Biochemistry.

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Avanse Financial Services Product Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
Avanse Financial Services Product Manager Salary
based on 18 salaries
₹8 L/yr - ₹22 L/yr
38% less than the average Product Manager Salary in India
View more details

Avanse Financial Services Product Manager Reviews and Ratings

based on 1 review

4.0/5

Rating in categories

5.0

Skill development

3.0

Work-life balance

4.0

Salary

5.0

Job security

3.0

Company culture

5.0

Promotions

3.0

Work satisfaction

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