BNY Interview Questions and Answers for Freshers

Aptitude was good proctored but basic questions

Q1. Introduce yourself
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I am a recent graduate with a degree in Computer Science and a passion for coding and problem-solving.
• Recent graduate with a degree in Computer Science

• Passionate about coding and problem-solving

• Strong communication and teamwork skills
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Q2. Basic subject knowledge
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Q1. What is corporate action and its type ?
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Corporate action refers to events initiated by a public company that impact its shareholders and securities.
• Types of corporate actions include dividends, stock splits, mergers and acquisitions, rights issues, and bonus issues.

• Dividends are payments made to shareholders from a company's profits.

• Stock splits involve dividing existing shares into multiple shares to lower the share price.

• Mergers and acquisitions are when t...read more
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Q2. What is derivative?
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A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or interest rate.
• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• For example, a stock option gives the holder the right to buy or sell a stock at a specified price within a certain time frame.
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Q1. Trade life cycle
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Q2. Journal entries
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The aptitude test contains four sections first is all about basic finance questions account related second genral quant questions and third is all about excel basic excel questions.

Q1. Tell me about your self
Ans. 
I am a detail-oriented financial analyst with a strong background in financial modeling and data analysis.
• I have a Bachelor's degree in Finance from XYZ University

• I have 2 years of experience working as a financial analyst at ABC Company

• Proficient in Excel, financial modeling, and data analysis tools such as Tableau

• Strong analytical skills and ability to interpret complex financial data

• Excellent communication and prese...read more
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Q2. What do mean by derivatives
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Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging risk, speculating on price movements, or gaining exposure to assets without owning them.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives can be traded on exchanges or over-the-counter (OTC).

• They are often used by investors, companies, and finan...read more
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Q3. What is power bi that you mentioned in your resume what did you do in power bi what kind of project you done currently with help of power bi.
Ans. 
Power BI is a business analytics tool by Microsoft used for data visualization and reporting.
• I used Power BI to create interactive dashboards and reports for financial analysis.

• I connected Power BI to various data sources to gather and analyze financial data.

• One project involved creating a financial performance dashboard for tracking key metrics like revenue, expenses, and profitability.
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Q1. Basic resume related questions
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On hacker rank duration was 90 min and 3 que to attempt and pass all the test cases

Q1. About basic fundamentals about cn and oops and funfamental que and at the end a 5 min hr session by the interviewer itself
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Q2. What is adressing mode and its types
Ans. 
Addressing mode is a technique used in computer architecture to specify how to calculate the effective address of an operand.
• Addressing mode determines how the CPU accesses data from memory

• Types of addressing modes include direct, indirect, indexed, and register

• Examples: direct addressing mode - MOV A, 1000H, indirect addressing mode - MOV A, [BX], indexed addressing mode - MOV A, [BX+SI], register addressing mode - MO...read more
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Q3. What is tcp osi difference
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TCP is a transport layer protocol while OSI is a reference model for network communication.
• TCP is a protocol responsible for establishing and maintaining a connection between two devices.

• OSI is a conceptual framework that standardizes the functions of a telecommunication or computing system into seven abstraction layers.

• TCP operates at the transport layer (Layer 4) of the OSI model.

• OSI model includes layers like physic...read more
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Q4. Reverse linkedlist in 3 steps
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Iterate through the linked list and reverse the pointers in 3 steps
• Iterate through the linked list and keep track of the previous, current, and next nodes

• Update the pointers to reverse the direction of the nodes

• Repeat the process until the end of the linked list is reached
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Q1. Tell me about yourself
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I am a dedicated Senior Associate with extensive experience in project management and team leadership, driving successful outcomes.
• Project Management: Led a cross-functional team to deliver a major project three weeks ahead of schedule, improving client satisfaction.

• Team Leadership: Mentored junior associates, resulting in a 20% increase in team productivity and a more cohesive work environment.

• Analytical Skills: Condu...read more
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Q2. Technical question
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Q1. What is the toughest situation you handled in accounting
Ans. 
I navigated a complex financial audit that revealed discrepancies, requiring strategic problem-solving and stakeholder communication.
• Identifying Discrepancies: During a routine audit, I discovered significant discrepancies in revenue recognition practices that could have led to compliance issues.

• Stakeholder Engagement: I organized meetings with department heads to discuss findings, ensuring transparency and collaborati...read more
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