Bain Capability Network Business Analyst Interview Questions and Answers

Q1. Difference between agile and waterfall?
Ans. 
Agile is iterative and flexible, while waterfall is sequential and rigid.
• Agile involves continuous feedback and adaptation, while waterfall follows a linear approach.

• Agile allows for changes to be made throughout the project, while waterfall requires detailed planning upfront.

• Agile is best suited for projects with evolving requirements, while waterfall is better for projects with well-defined requirements.

• Agile promote...read more
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Q1. User stories and acceptance criteria
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Q1. Role of BA in Agile environment
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Impact of AI in IT Industry

Q1. SQL and domain - Use case scenarios and real time examples
Ans. 
SQL is used in various domains for data analysis and reporting. Use cases include financial analysis, inventory management, and customer relationship management.
• Financial analysis - using SQL to analyze revenue, expenses, and profitability

• Inventory management - tracking stock levels, orders, and shipments

• Customer relationship management - analyzing customer data, preferences, and interactions
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Q2. SQL questions and domain related questions.
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Basic maths and logical reasoning but time management is the key

Probability based questions and case study

Q1. Tell me about yourself
Ans. 
I am a highly skilled and experienced Business Analyst with a strong background in data analysis and problem-solving.
• Over 5 years of experience in analyzing business processes and identifying areas for improvement

• Proficient in gathering and documenting requirements from stakeholders

• Expertise in data analysis and using tools such as SQL and Excel

• Strong communication and presentation skills, able to effectively convey co...read more
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Q1. Basic business analyst concepts
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Q2. Agile Methods and SCRUM
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Q1. What is P2P process
Ans. 
P2P process stands for Procure-to-Pay process, which involves the steps from requisitioning goods/services to making payment.
• P2P process starts with a purchase requisition being created by the requester.

• The requisition is then approved by the appropriate authority.

• Once approved, a purchase order is generated and sent to the supplier.

• Goods/services are received and the supplier sends an invoice.

• The invoice is matched wi...read more
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Q2. Procure to pay cycle in d365
Ans. 
The procure to pay cycle in d365 refers to the process of purchasing goods or services, receiving them, and making payments for them within the Dynamics 365 system.
• The cycle starts with creating a purchase order in d365 for the desired goods or services.

• Upon receiving the goods or services, the receipt is recorded in the system to confirm delivery.

• Invoices are then matched with the purchase order and receipt to ensure ...read more
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Q3. What is data migrration
Ans. 
Data migration is the process of transferring data from one system to another.
• Data migration involves transferring data from one storage system to another, often during an upgrade or system change.

• It ensures that data is moved accurately, securely, and without loss.

• Data migration may involve transforming data to fit the new system's format or structure.

• Examples include migrating customer records from an old CRM system ...read more
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Q4. What is lead time
Ans. 
Lead time is the amount of time it takes for a product to be delivered after an order is placed.
• Lead time includes processing, manufacturing, and shipping time.

• It is important for businesses to minimize lead time to improve customer satisfaction.

• For example, if a company has a lead time of 5 days, it means it takes 5 days from order placement to delivery.
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Q5. What is the difference between product and product master
Ans. 
Product is a physical item or service offered for sale, while product master is a centralized repository of all product information.
• Product is the actual item or service being sold to customers.

• Product master is a centralized database or repository that stores all information related to a product, such as pricing, descriptions, and specifications.

• Product master helps in maintaining consistency and accuracy of product i...read more
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