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Blackstone Center of Excellence Interview Questions, Process, and Tips

Updated 31 Aug 2024

Top Blackstone Center of Excellence Interview Questions and Answers

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Blackstone Center of Excellence Interview Experiences

Popular Designations

9 interviews found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is waterfall?
  • Ans. 

    Waterfall is a traditional project management methodology where tasks are completed sequentially in a linear fashion.

    • Tasks are completed in a step-by-step manner, with each phase being completed before moving on to the next.

    • There is minimal flexibility for changes once a phase has been completed.

    • Commonly used in construction and manufacturing projects.

    • Examples include building a house or manufacturing a car.

  • Answered by AI
  • Q2. Excel functions

Skills evaluated in this interview

Senior Analyst Interview Questions asked at other Companies

Q1. Explain 3 statement financial model Calculating discount rate Could you walk me through the DCF model? Other valuation methods. What PE is ideal? What is the other matrix to value the company? Difference between IRR and CAGR. What is Bond Y... read more
View answer (1)
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Feb 2023. There were 2 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 - Technical 

(6 Questions)

  • Q1. Journal Entries and their effects on Cash Flow Statement. Difference between Hedge Fund and Mutual Fund. Types of Derivative Contact Put Option And Call Option and when these will be exercised. Example of ...
  • Ans. 

    Questions related to finance and management trainee position.

    • Journal entries affect cash flow statement by either increasing or decreasing cash flow from operating, investing, or financing activities.

    • Hedge funds are private investment funds that use high-risk strategies to generate high returns, while mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of st...

  • Answered by AI
  • Q2. What is Blackstone? What is Blackstone's Revenue Model?
  • Ans. 

    Blackstone is a global investment firm that specializes in private equity, real estate, credit, and hedge fund investment strategies.

    • Blackstone's revenue model is based on earning management and performance fees from the funds it manages.

    • The firm charges a management fee of 1-2% of assets under management and a performance fee of 20% of profits above a certain threshold.

    • Blackstone also earns revenue from its real estat...

  • Answered by AI
  • Q3. What is Alternate Asset Management
  • Ans. 

    Alternate Asset Management involves investing in non-traditional assets such as real estate, private equity, and hedge funds.

    • It is a type of investment strategy that focuses on non-traditional assets

    • Examples of alternate assets include real estate, private equity, and hedge funds

    • Investors use this strategy to diversify their portfolio and potentially earn higher returns

    • Alternate Asset Management is typically used by in...

  • Answered by AI
  • Q4. What are close ended and open ended mutual funds
  • Ans. 

    Close ended mutual funds have a fixed number of shares while open ended mutual funds can issue and redeem shares.

    • Close ended funds are traded on stock exchanges and their prices are determined by supply and demand

    • Open ended funds are bought and sold directly from the fund company at the net asset value (NAV)

    • Close ended funds have a limited number of shares and can trade at a premium or discount to their NAV

    • Open ended f...

  • Answered by AI
  • Q5. What are Mutual Funds
  • Ans. 

    Mutual funds are investment vehicles that pool money from multiple investors to invest in stocks, bonds, and other securities.

    • Mutual funds are managed by professional fund managers

    • Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying securities

    • Mutual funds offer diversification and convenience for investors

    • There are different types of mutual funds, ...

  • Answered by AI
  • Q6. What is NPV and why it is calculated
  • Ans. 

    NPV stands for Net Present Value. It is calculated to determine the present value of future cash flows.

    • NPV is used to evaluate the profitability of an investment or project.

    • It takes into account the time value of money and discounts future cash flows to their present value.

    • If the NPV is positive, the investment is considered profitable.

    • If the NPV is negative, the investment is considered unprofitable.

    • NPV is calculated ...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Blackstone Center of Excellence Management Trainee interview:
  • Journal Entries
  • Fund Related
  • Derivatives
  • Hedge Funds
  • Mutual Funds
Interview preparation tips for other job seekers - Go Through YouTube videos of Fund Accounting. Also prepare about the Company.

Top Blackstone Center of Excellence Management Trainee Interview Questions and Answers

Q1. Journal Entries and their effects on Cash Flow Statement. Difference between Hedge Fund and Mutual Fund. Types of Derivative Contact Put Option And Call Option and when these will be exercised. Example of Swaps NAV calculation. JD related
View answer (1)

Management Trainee Interview Questions asked at other Companies

Q1. What do you mean by balance sheet reconciliation could you explain briefly?
View answer (44)
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
-

I applied via Recruitment Consulltant and was interviewed in May 2023. There were 3 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 - Technical 

(2 Questions)

  • Q1. Securitisation analysis
  • Q2. Credit ratings Analysis
Round 3 - Case Study 

Securitisation analysis asset backed securities

Senior Analyst Interview Questions asked at other Companies

Q1. Explain 3 statement financial model Calculating discount rate Could you walk me through the DCF model? Other valuation methods. What PE is ideal? What is the other matrix to value the company? Difference between IRR and CAGR. What is Bond Y... read more
View answer (1)

Analyst Interview Questions & Answers

user image Anonymous

posted on 20 Apr 2023

Interview experience
3
Average
Difficulty level
Hard
Process Duration
-
Result
Not Selected

I applied via Naukri.com and was interviewed in Oct 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Explain dcf, valuation approach, ebidta, turnover cost, amortization
  • Ans. 

    DCF, valuation approach, EBITDA, turnover cost, and amortization are financial terms used in business valuation and accounting.

    • DCF (Discounted Cash Flow) is a valuation method used to estimate the value of an investment based on its future cash flows.

    • Valuation approach refers to the method used to determine the value of a company or asset, such as market approach, income approach, or asset-based approach.

    • EBITDA (Earnin...

  • Answered by AI
  • Q2. Why do you want to switch

Analyst Interview Questions asked at other Companies

Q1. N-th Fibonacci NumberYou are given an integer ‘N’, your task is to find and return the N’th Fibonacci number using matrix exponentiation. Since the answer can be very large, return the answer modulo 10^9 +7. Fibonacci number is calculated u... read more
View answer (1)

Blackstone Center of Excellence interview questions for popular designations

 Analyst

 (3)

 Senior Analyst

 (3)

 Business Analyst

 (1)

 Financial Analyst

 (1)

 Management Trainee

 (1)

Analyst Interview Questions & Answers

user image Anonymous

posted on 15 Jun 2023

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Jun 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. Interest rate treatment and IRR
Round 3 - Technical 

(1 Question)

  • Q1. Cash flow statement accounting entries

Analyst Interview Questions asked at other Companies

Q1. N-th Fibonacci NumberYou are given an integer ‘N’, your task is to find and return the N’th Fibonacci number using matrix exponentiation. Since the answer can be very large, return the answer modulo 10^9 +7. Fibonacci number is calculated u... read more
View answer (5)

Analyst Interview Questions & Answers

user image Anonymous

posted on 7 Mar 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Mar 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What is Accrued interest What is cost of money What is Going concern
  • Ans. 

    Accrued interest is interest that has been earned but not yet paid, cost of money is the price of borrowing money, going concern is the assumption that a business will continue to operate indefinitely.

    • Accrued interest is interest that has been earned but not yet paid out to the investor

    • Cost of money refers to the price of borrowing money, including interest rates and fees

    • Going concern is the assumption that a business ...

  • Answered by AI

Analyst Interview Questions asked at other Companies

Q1. N-th Fibonacci NumberYou are given an integer ‘N’, your task is to find and return the N’th Fibonacci number using matrix exponentiation. Since the answer can be very large, return the answer modulo 10^9 +7. Fibonacci number is calculated u... read more
View answer (5)
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Feb 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Do not use an unprofessional email address such as cool_boy@email.com. It shows a lack of professionalism by the candidate.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Whatever work you do in your previous role, you should have clear understanding about it.
  • Q2. Reason for switching.
  • Ans. 

    Looking for growth opportunities and a new challenge.

    • Seeking a more challenging role

    • Desire for professional growth and development

    • Exploring new opportunities to expand skillset

    • Current position lacks advancement potential

    • Company culture or values misaligned with personal values

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Just know your current profile. Don't fake if you don't know anything.

Senior Analyst Interview Questions asked at other Companies

Q1. Explain 3 statement financial model Calculating discount rate Could you walk me through the DCF model? Other valuation methods. What PE is ideal? What is the other matrix to value the company? Difference between IRR and CAGR. What is Bond Y... read more
View answer (1)

I applied via Recruitment Consultant and was interviewed in May 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Private Equity | Waterfall Model | Terms involved in waterfall model | Different fees and expenses like Management fees

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well around firm's business and private equity waterfall model.

Business Analyst Interview Questions asked at other Companies

Q1. You have 10 boxes of balls (each ball weighing exactly10 gm) with one box with defective balls (each one of the defective balls weigh 9 gm). You are given an electronic weighing machine and only one chance at it. How will you find out which... read more
View answer (8)

I applied via Campus Placement and was interviewed in Mar 2021. There were 6 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. I was asked questions about Blackstone's products, areas they function in, basic questions about private equity, hedge funds, Reits and management fees.

Interview Preparation Tips

Interview preparation tips for other job seekers - Fluency in communication and answering with confidence can always help.

Financial Analyst Interview Questions asked at other Companies

Q1. Suppose you have 10000 US dollars with you, out of which you took a loan of 5000 US Dollars. Now suppose you have purchased two assets of 5000 US Dollars each, one through cash and other through bank loan. How would you show this transactio... read more
View answer (3)

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed in Dec 2024.

Round 1 - Technical 

(11 Questions)

  • Q1. Introduce yourself
  • Ans. 

    I am a dedicated and detail-oriented business analyst with a strong background in data analysis and problem-solving.

    • Experienced in conducting market research and analyzing trends

    • Skilled in creating detailed reports and presentations for stakeholders

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

  • Answered by AI
  • Q2. Defference between Implicit And Explicit enhancement
  • Ans. 

    Implicit enhancements are enhancements that are automatically applied to a program without any explicit coding, while explicit enhancements are enhancements that are manually added to a program through coding.

    • Implicit enhancements are activated by SAP without any additional coding from the developer.

    • Explicit enhancements require the developer to manually add code to enhance the program.

    • Implicit enhancements are often u...

  • Answered by AI
  • Q3. What defferet type of enhancement and explain each
  • Ans. 

    Different types of enhancements include functional, performance, security, and usability enhancements.

    • Functional enhancements improve the core functionality of a system or product.

    • Performance enhancements focus on improving speed, efficiency, and scalability.

    • Security enhancements aim to protect the system from potential threats and vulnerabilities.

    • Usability enhancements enhance the user experience and make the system m

  • Answered by AI
  • Q4. How to debug backgroud job
  • Ans. 

    Debugging background jobs involves checking logs, monitoring job status, and using debugging tools.

    • Check the logs for any error messages or warnings

    • Monitor the job status to see if it is running or stuck

    • Use debugging tools like debugger or profiler to analyze the code execution

    • Check for any dependencies or external factors affecting the job

  • Answered by AI
  • Q5. How debug smartforms
  • Ans. 

    Debugging smartforms involves identifying and fixing errors in the form design or code.

    • Check for syntax errors in the smartform code

    • Verify data binding and field mappings

    • Use debugging tools like breakpoints and watchpoints

    • Test the smartform with sample data to identify issues

    • Consult documentation or seek help from experienced developers

  • Answered by AI
  • Q6. Which bapi you have used
  • Ans. 

    I have used the BAPI_MATERIAL_GET_DETAIL to retrieve material details in SAP system.

    • BAPI_MATERIAL_GET_DETAIL is used to fetch material master data in SAP

    • It can be used to retrieve information such as material description, unit of measure, and plant data

    • Example: BAPI_MATERIAL_GET_DETAIL('MaterialNumber')

  • Answered by AI
  • Q7. What is file handling
  • Ans. 

    File handling is the process of managing and manipulating files on a computer system.

    • File handling involves tasks such as creating, reading, writing, and deleting files.

    • It also includes operations like opening and closing files, as well as moving and copying files.

    • Examples of file handling functions include fopen(), fread(), fwrite(), and fclose() in programming languages like C or Python.

  • Answered by AI
  • Q8. Which FM is used to upload data
  • Ans. 

    The FM used to upload data is 'UPLOAD_DATA'

    • The FM 'UPLOAD_DATA' is commonly used in SAP systems to upload data from external sources

    • It is often used in data migration projects or when bulk data needs to be imported into the system

    • The 'UPLOAD_DATA' FM typically requires input parameters such as file path, data format, and target table

  • Answered by AI
  • Q9. TMG events senario question
  • Q10. How ro make table feild case sensitive
  • Ans. 

    To make a table field case sensitive, you can change the collation of the column to a case-sensitive collation.

    • Change the collation of the column to a case-sensitive collation like Latin1_General_CS or SQL_Latin1_General_CP1_CS_AS

    • For example, ALTER TABLE table_name ALTER COLUMN column_name COLLATE Latin1_General_CS_AS

  • Answered by AI
  • Q11. Why we need to use BSPI instead od Update qury
  • Ans. 

    BSPI is used instead of Update query for real-time data processing and to ensure data consistency.

    • BSPI (Business Service Provider Interface) is used for real-time data processing in SAP systems.

    • BSPI ensures data consistency by providing a standardized way to update data across different systems.

    • Update queries can be risky for real-time data processing as they may lead to data inconsistencies.

    • BSPI allows for better erro...

  • Answered by AI
Round 2 - Technical 

(12 Questions)

  • Q1. Introduce yourself
  • Ans. 

    I am a detail-oriented business analyst with experience in data analysis and process improvement.

    • Experienced in data analysis and reporting

    • Skilled in process improvement and optimization

    • Strong attention to detail and problem-solving skills

  • Answered by AI
  • Q2. What is the defference between Explicit and implicit enhancement
  • Ans. 

    Explicit enhancements are modifications made directly to a standard SAP object, while implicit enhancements are modifications made using enhancement points provided by SAP.

    • Explicit enhancements involve directly modifying the standard SAP object code.

    • Implicit enhancements involve using enhancement points provided by SAP to add custom code.

    • Explicit enhancements can be risky as they may be overwritten during system upgrad...

  • Answered by AI
  • Q3. Explain Customer Exit requirements on which u worked
  • Ans. 

    Customer Exit requirements involve defining conditions under which a customer can end their relationship with a company.

    • Identifying reasons why customers may want to exit the relationship

    • Defining the process for customers to formally request an exit

    • Determining any penalties or fees associated with exiting

    • Ensuring data privacy and security during the exit process

    • Developing strategies to retain customers before they exit

  • Answered by AI
  • Q4. Different type of FM
  • Ans. 

    FM stands for Facilities Management, which includes various types such as Hard FM and Soft FM.

    • Hard FM involves physical assets like buildings and equipment maintenance.

    • Soft FM focuses on non-physical assets like cleaning, security, and catering services.

    • Other types include Integrated FM, Total FM, and Strategic FM.

    • Examples: Hard FM - HVAC maintenance, Soft FM - janitorial services.

  • Answered by AI
  • Q5. How to create BAPI
  • Ans. 

    BAPIs are created using transaction code BAPI in SAP system.

    • BAPIs are created using transaction code BAPI in SAP system.

    • BAPIs are defined using Function Modules in SAP.

    • BAPIs are used to integrate SAP systems with external systems.

    • BAPIs can be created for both standard SAP functions and custom functions.

  • Answered by AI
  • Q6. Tcode for code optimization
  • Ans. 

    Tcode for code optimization is SE30 in SAP

    • SE30 is a transaction code in SAP used for performance trace and analysis

    • It helps in identifying performance bottlenecks in ABAP code

    • SE30 provides detailed analysis of runtime, database, and memory consumption

  • Answered by AI
  • Q7. How to optimize code
  • Ans. 

    Code optimization involves improving code efficiency and performance.

    • Identify and remove unnecessary code

    • Use efficient data structures and algorithms

    • Minimize the number of function calls

    • Optimize loops and conditional statements

    • Use caching and memoization techniques

    • Profile and analyze code for bottlenecks

  • Answered by AI
  • Q8. Tcode for ADOBE Form
  • Ans. 

    The Tcode for ADOBE Form is SFP.

    • Tcode SFP is used to create and maintain Adobe Forms in SAP systems.

    • Adobe Forms are used for designing and formatting business documents like invoices, purchase orders, etc.

  • Answered by AI
  • Q9. Have you worked on Module Pool
  • Ans. 

    Yes, I have worked on Module Pool in SAP ABAP development.

    • I have experience creating interactive screens using Module Pool programming in SAP ABAP.

    • I have worked on designing screens with input fields, buttons, and logic to process user input.

    • I have implemented navigation between screens and data validation in Module Pool.

    • I have integrated Module Pool programs with backend ABAP logic for data processing.

    • I have experienc...

  • Answered by AI
  • Q10. Tcodes related to IDOC
  • Q11. What is the use of Commite statement
  • Ans. 

    Commit statement is used to permanently save changes made in a transaction in a database.

    • Commits all changes made in a transaction to the database

    • Permanently saves the changes

    • Ends the transaction and makes the changes visible to other transactions

  • Answered by AI
  • Q12. On which repprys u have worked
Round 3 - HR 

(3 Questions)

  • Q1. Why there is gap of 1 year after completing your graduation to getting job
  • Ans. 

    To gain practical experience and skills through internships, certifications, and volunteer work before securing a full-time job.

    • Took time to gain practical experience through internships, certifications, and volunteer work

    • Focused on developing skills and knowledge in relevant areas

    • Used the gap year to explore different career options and industries

    • Took time to travel or pursue personal interests before committing to a

  • Answered by AI
  • Q2. Preferred location
  • Ans. 

    I am open to relocation for the right opportunity.

    • Open to relocation for career growth

    • Interested in exploring new cities

    • Flexible with location preferences

  • Answered by AI
  • Q3. Salary discussion

Interview Preparation Tips

Interview preparation tips for other job seekers - Work on basics. They ask only besics questions and whenever you answer give the example your requirements on which you worked, be confident.

Blackstone Center of Excellence Interview FAQs

How many rounds are there in Blackstone Center of Excellence interview?
Blackstone Center of Excellence interview process usually has 2 rounds. The most common rounds in the Blackstone Center of Excellence interview process are Technical, Resume Shortlist and One-on-one Round.
How to prepare for Blackstone Center of Excellence 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 Blackstone Center of Excellence. The most common topics and skills that interviewers at Blackstone Center of Excellence expect are Marketing, Promotions and Publicity.
What are the top questions asked in Blackstone Center of Excellence interview?

Some of the top questions asked at the Blackstone Center of Excellence interview -

  1. Journal Entries and their effects on Cash Flow Statement. Difference between He...read more
  2. What is Blackstone? What is Blackstone's Revenue Mod...read more
  3. What are close ended and open ended mutual fu...read more

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Blackstone Center of Excellence Interview Process

based on 9 interviews

Interview experience

3.6
  
Good
View more

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Blackstone Center of Excellence Reviews and Ratings

based on 81 reviews

2.7/5

Rating in categories

2.4

Skill development

2.7

Work-life balance

3.2

Salary

3.1

Job security

2.3

Company culture

2.3

Promotions

2.3

Work satisfaction

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