Bank of America Interview Questions, Process, and Tips

Q1. Tell us about your Background and Experience that would make sure you are fit for this role
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Q2. Write a program that converts the alternate letters of a sentence into uppercase, whitespace excluded
Ans. 
Program to convert alternate letters of a sentence to uppercase, excluding whitespace
• Iterate through each character of the sentence

• Check if the character is a letter and if its index is odd

• Convert the letter to uppercase if conditions are met
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Q3. Balanced parenthesis program
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Q4. Explain your approach to solving balanced parenthesis program
Ans. 
I approach solving balanced parenthesis program by using a stack data structure.
• Use a stack to keep track of opening parentheses

• Iterate through the input string and push opening parentheses onto the stack

• When a closing parenthesis is encountered, pop from the stack and check if it matches the closing parenthesis

• If stack is empty at the end and all parentheses are matched, the string is balanced
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Q5. Is there anything else that you want to tell us about yourselves?
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Q1. Tell me about yourself.
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Q2. Tell me about your project, tools and algorithms used
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Q3. Write a program to print the top five students in a classroom, including edge cases
Ans. 
Program to print top five students in a classroom, handling edge cases
• Create a list of students with their grades

• Sort the list in descending order based on grades

• Print the top five students, handling cases where there are less than five students or ties in grades
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Q4. Exceptional handling
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Q1. Program to check if the given string is palindrome
Ans. 
A program to check if a given string is a palindrome.
• Create a function that takes a string as input.

• Reverse the string and compare it with the original string.

• If they are the same, then the string is a palindrome.

• Example: 'racecar' is a palindrome.

• Example: 'hello' is not a palindrome.
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Q2. Program to return Fibonacci series
Ans. 
A program to return Fibonacci series using recursion or iteration
• Use recursion to generate Fibonacci series

• Use iteration to generate Fibonacci series

• Handle edge cases like negative input or input of 0 or 1

• Example: Fibonacci series up to 10 - 0, 1, 1, 2, 3, 5, 8, 13, 21, 34
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Q3. Different ways to create a table in python
Ans. 
Different ways to create a table in Python include using pandas, sqlite3, and SQLAlchemy libraries.
• Using pandas library to create a table from a dictionary or list of lists

• Using sqlite3 library to create a table in a SQLite database

• Using SQLAlchemy library to create a table in a SQL database
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Q1. Tell me about yourself
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Q2. Your university experience (leadership, extracurricular activities)
Ans. 
I was actively involved in student government, led a club, and volunteered at local organizations.
• Served as president of the student government, organizing events and representing student body

• Led a club focused on community service, coordinating volunteer opportunities and fundraisers

• Volunteered at local organizations such as food banks and shelters, gaining hands-on experience in helping others
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Q3. What is your talent/hobby
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Q4. Why did you choose this department for your intern
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Q1. How your skills align with the role that you have applied?
Ans. Have you faced any challenge recently? How did you overcome it?
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Q2. What are your strengths?
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Q3. What are your weaknesses?
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Q1. What is Enterprise value?
Ans. 
Enterprise value is a measure of a company's total value, including its market capitalization, debt, and cash.
• Enterprise value = Market capitalization + Total debt - Cash

• It represents the total value of a company that would need to be paid by a buyer to acquire the entire business.

• EV is used to compare the value of different companies, taking into account their debt levels and cash reserves.

• It is a more comprehensive m...read more
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Q2. Why is Cash subtracted in Enterprise Value formula?
Ans. 
Cash is subtracted in Enterprise Value formula to reflect the fact that it is a non-operating asset and can be used to pay off debt or fund operations.
• Cash is considered a non-operating asset as it is not directly related to the core operations of the business.

• By subtracting Cash from Enterprise Value, we are essentially adjusting the value to reflect the fact that Cash can be used to pay off debt or fund operations.

• Th...read more
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Q3. What is difference between EV/Net Income and P/E ratio in relative valuation?
Ans. 
EV/Net Income compares enterprise value to net income, while P/E ratio compares market price to earnings per share.
• EV/Net Income considers the entire capital structure of a company, including debt and equity, while P/E ratio only considers the market price of equity.

• EV/Net Income is a more comprehensive measure of valuation as it takes into account the company's debt levels, while P/E ratio is a simpler measure based o...read more
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1st round was Hirevue video assessment which had 5 questions .
1st - Tell us about yourself
2nd and 3rd were coding questions
4th was related to the 3rd coding question about its logic and alternate logic
5th was basically how are you fit for the role

Q1. This was a technical interview First I was asked to write a code for dupl8cate elements in an array. Then he asked me about concepts of OOPS , DBMS, and DSA
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Q2. About Constructors
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Q3. Java interface and inheritance
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Q4. HashMaps , Foriegn keys , OLTP , OLAP
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Q1. TDS, GST, MSME, Invoice Checkpoints
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Q2. Reconciliation Process, Plan of Action
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Q1. All tax related, MSME related
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