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Bank of America Strategy Consultant Interview Questions and Answers

Updated 17 Mar 2024

Bank of America Strategy Consultant Interview Experiences

1 interview found

Interview experience
3
Average
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Sep 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What was the last strategy you applied to a project

Interview Preparation Tips

Interview preparation tips for other job seekers - Manager stated he wanted people who would hit the ground running. Not a good experience

Interview questions from similar companies

I applied via Other

Interview Questionnaire 

1 Question

  • Q1. Why u are being here for this job...can u say a reason??
  • Ans. 

    I am passionate about sales and have a proven track record of exceeding targets in previous roles.

    • Passionate about sales and enjoy the challenge of meeting targets

    • Proven track record of exceeding sales targets in previous roles

    • Excited about the opportunity to contribute to the growth of the company

  • Answered by AI

Interview Preparation Tips

General Tips: Dont tell the simple answer that it was my personal choice..so tell them about your colleague or friends who working in best way in that company
Skills: Communication, Body Language, Presentation Skills
Duration: <1 week

I applied via Naukri.com and was interviewed in Jul 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Why are you join our company.
  • Q2. I said because of career growth is good.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm and positive attitude

Interview Questionnaire 

2 Questions

  • Q1. Banking life there in a relationship
  • Ans. 

    Banking life in a relationship involves managing finances, joint accounts, and financial planning together.

    • Banking life in a relationship includes opening joint accounts to manage shared expenses.

    • Couples often make financial decisions together, such as applying for loans or mortgages.

    • Financial planning becomes a collaborative effort, with discussions on saving, investing, and budgeting.

    • Trust and transparency are crucia...

  • Answered by AI
  • Q2. What is banking work nowleg
  • Ans. 

    Banking work nowleg refers to the current knowledge and practices in the banking industry.

    • It includes understanding of financial products and services offered by banks

    • Knowledge of regulatory compliance and risk management

    • Skills in customer service and sales

    • Ability to use technology and data analytics for decision making

    • Examples include mobile banking, online account opening, and personalized financial advice

  • Answered by AI

I applied via Referral and was interviewed before Aug 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. I was asked about sales and loan related questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview want to test both my knowledge and communication skills. Most of the question asked to me were related to my qualifications and experience related topics. I tried to answer each question with example also used props on the table

Interview Questionnaire 

8 Questions

  • Q1. IAM in Kurnool Location
  • Q2. IAM interested sir
  • Q3. One off year experience in
  • Q4. IAM ready sir
  • Q5. Kurnool
  • Q6. Credit department one year
  • Q7. My completed bsc computer
  • Q8. Previous Hdfc bank in work ing
  • Ans. 

    I have previous experience working at HDFC Bank.

    • Worked as a Sales Executive at HDFC Bank

    • Achieved sales targets consistently

    • Developed strong relationships with clients

    • Trained new team members on sales techniques

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - IAM interested Sir

I applied via Walk-in and was interviewed before Feb 2021. There were 2 interview rounds.

Round 1 - Group Discussion 
Pro Tip by AmbitionBox:
Don’t treat group discussions as an argument. Group discussion is about reaching a meaningful conclusion.
View all GD tips
Round 2 - HR 

(5 Questions)

  • Q1. Why should we hire you?
  • Q2. What are your salary expectations?
  • Q3. What is your family background?
  • Q4. Share details of your previous job.
  • Q5. Why we are hired you ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Whatever you want to do overall life future growth job

I applied via Other

Interview Questionnaire 

4 Questions

  • Q1. How to deal with clients and how to convence them.
  • Ans. 

    To deal with clients and convince them, it is important to build rapport, understand their needs, provide solutions, and showcase value.

    • Build rapport by actively listening and showing genuine interest in their concerns.

    • Understand their needs by asking open-ended questions and conducting thorough research.

    • Provide solutions that align with their goals and address their pain points.

    • Showcase value by highlighting the uniqu...

  • Answered by AI
  • Q2. To The clients-Are you using any credit of ICICI Bank? 2. If you dont use any cards then you can use it. 3.you will a lots of Benifits........
  • Q3. Above all .
  • Q4. Above all.

Interview Preparation Tips

Round: Resume Shortlist
Experience: Candidates selected under Undergraduate.

Round: Group Discussion
Experience: About credit card.
Features and criteria


General Tips: Always keep smile in face n be happy .dont be hesitate infront of Hr.
Dont be oversmart behave gently.
Skills: Communication, Body Language, Presentation Skills, Decision Making Skills

I applied via Referral and was interviewed in Oct 2019. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How to convince customer ?
  • Ans. 

    To convince a customer, understand their needs, build trust, provide value, and offer solutions.

    • Listen actively to the customer's needs and concerns

    • Build trust by being honest and transparent

    • Provide value by highlighting the benefits of your product or service

    • Offer solutions that meet the customer's specific needs

    • Address any objections or concerns the customer may have

    • Follow up with the customer to ensure satisfaction

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - They are checking formals and communication and confidence level they are asking techniques how to convince coustmer

Interview Questionnaire 

2 Questions

  • Q1. Questions from resume
  • Q2. Important steps for a
  • Ans. 

    Important steps for a Business Analyst

    • Understand the business objectives and requirements

    • Conduct thorough research and analysis

    • Identify and document business processes

    • Collaborate with stakeholders to gather requirements

    • Create and maintain project documentation

    • Analyze data and provide insights

    • Facilitate communication between technical and non-technical teams

    • Assist in the implementation and testing of solutions

    • Monitor an...

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: The first section tested basic aptitude mainly logic and interpretation. It tests your timing and approach to solve a question.
The second consisted of Data Interpretation mainly pie charts and tables having data around bank deposits and dues. This section has enough time but can sometimes turn out tricky.
Now comes Economics. I had no idea prior to the test that this would be asked. So literally knew nothing beforehand. But questions can be answered if given a little thought into it. Most of them are from our personal experiences of banking excluding a select few which needs in depth knowledge of finance.
Tips: Just be patient and try and answer all questions. After all there is nothing to lose because no negative. I was kinda confident because the first two sections went pretty well. Don't think they gave much weight-age for the Economics section.
Duration: 60 minutes

Round: Group Discussion
Experience: Shortlist after the first round was announced at night. So group discussion and interviews followed the next day. Always been not a fan of group discussions. This time around I tried to keep in pace with the current affairs and most likely topics.
In my panel there were 10 members. It started well, I managed to chip in with a few valid points. Remember the key here is to be different and mention points that can carry the gd forward.
Tips: Make sure you are audible and straight to the point. People are waiting to barge in and speak, so any small pause might rip you off your chance.
Duration: 20 minutes

College Name: NIT Tiruchirappalli
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Bank of America Interview FAQs

How many rounds are there in Bank of America Strategy Consultant interview?
Bank of America interview process usually has 1 rounds. The most common rounds in the Bank of America interview process are One-on-one Round.

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