AmbitionBox
Interview Questions
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Filter interviews by
Booz & Company Interview Questions and Answers
Booz & Company Interview Experiences
3 interviews found
Rakshit Jain
Interview Questionnaire
6 Questions
- Q1. Case: Your friend wants to enter into the business of selling yoghurts. What will you recommend to him?
- Ans.
I would recommend conducting market research, creating a unique selling proposition, and developing a strong distribution network.
Conduct market research to identify target customers, competitors, and market trends.
Create a unique selling proposition to differentiate from competitors, such as offering organic or locally sourced ingredients.
Develop a strong distribution network by partnering with local grocery stores, c...
- Q2. You are a consultant to the CEO of XYZ company. He wants you to improve the profitability of his business. Help him out
- Ans.
To improve profitability, focus on cost reduction, revenue growth, and operational efficiency.
Conduct a thorough cost analysis to identify areas where expenses can be reduced
Implement strategies to increase sales and attract new customers
Streamline operations and improve productivity to reduce waste and inefficiencies
- Q3. Tell me something about yourself
- Ans.
I am a dedicated and experienced consultant with a passion for problem-solving and helping clients achieve their goals.
Over 5 years of experience in consulting industry
Strong analytical and communication skills
Proven track record of successful project implementations
Client-focused approach to problem-solving
MBA in Business Administration from XYZ University
- Q4. Why consulting?
- Ans.
I am passionate about problem-solving and enjoy working with a variety of clients to help them achieve their goals.
Enjoy problem-solving and working with clients
Variety of projects and clients keeps work interesting
Opportunity to make a positive impact on businesses
- Q5. Why Strategy&?
- Ans.
Strategy& is a top-tier consulting firm known for its innovative approach and global reach.
Strategy& offers unique opportunities for professional growth and development.
The firm has a strong reputation for delivering impactful solutions to complex business challenges.
Strategy& provides access to a diverse range of industries and clients, allowing for a broad skill set development.
The global network of Strat...
- Q6. Tell me something which is not in your resume
- Ans.
I am fluent in three languages - English, Spanish, and French.
Fluent in English, Spanish, and French
Have lived in Spain for a year, improving my Spanish
Studied French for 5 years in school
Interview Preparation Tips
Experience: Resume making is an art, as everybody puts it. It is true to a certain extent. Drafting resume requires a lot of time. It took me 20 days to come up with the final resume. I started by preparing a rough draft and corrected it with time. I got it reviewed from many people so as to avoid any grammatical errors and also to check if the flow of sentences is good. It was a daunting task but in the end it turned out well since I made it to the shortlist of several companies.
Tips: You should start with listing down all your achievements (even if they're small). Having done that, try to club different points into one category and divide your resume in sections. This will make reader's job easy to create an impression of you. Ensure that there are no grammatical errors. Also, try to articulate sentences in a way which is easily understandable.
Once your resume is ready, get it reviewed from peers and seniors.
Round: Case Study Interview
Experience: It was a typical market entry case. The interviewer only wanted to check the structure and hence didn't go into details. After asking relevant preliminary questions, I approached this case by understanding two things, one, if there is any opportunity (profitability) within this business and second, if my friend has the required capabilities to enter into this market. The interviewer asked me questions at various parts of the case. I couldn't reach to the recommendation part because of shortage in time.
Tips: Practice sufficient number of market entry cases since these are commonly asked. In the case interview, always try to understand the interviewer's motive behind giving the problem statement. It can be very well understood after 5-10 minutes into the case. Once you know that, it becomes very easy to cast a good impression through solving the case in his desired direction. Also, it is reasonable to ask for interviewer's help whenever needed.
Round: Case Study Interview
Experience: Case details:
This wasn't a simple case as it looks. I tried 2 different approaches but the interviewer wasn't looking convinced. So I tried another approach of dividing the profitability region wise after taking hints from the interviewer. I then went ahead and asked for profitability in different regions where XYZ was operating. It turned out that one country didn't have profitability at par with other countries so I focused on improving profits for that particular country. The problem was somewhere in cost which interviewer helped me find out. Based on it, I gave my recommendations.
Tips: Try to remain calm when you might not pick the right approach at first for case solving. Listen to your interviewer clearly since he might drop hints for laying down initial structure.
Round: HR Interview
Experience: This interview was a typical HR interview taken by a Partner with majority of time spent on my introduction. I am fond of reading political news and this became a subject of interest for the interviewer. My opinions were asked regarding Bihar elections, Modi Govt and new policies. This interview went smoothly but lasted quite long before I was made an offer.
Tips: This type of interview is majorly meant for two things, one is to see whether you are a good fit or not and second is to see whether you have a recall value (something that is unique to you). You should analyze yourself damn well before going into the interview room. From your strengths to weaknesses, everything should be supported by some examples or relevant arguments.
General Tips: With doing 30-35 cases, the required skills for solving cases can be developed. Make sure cases are as diverse as possible.
Skills: Presentation Skills, Communication, Problem Solving Skills
College Name: IIT Bombay
Consultant Interview Questions asked at other Companies
Interview Preparation Tips
Experience: The process started with making a resume draft. In order to make my resume look good, I got it reviewed from a lot of people. I incorporated genuine suggestions given by peers. This resulted in a well-written 1 page highlights of my achievements. It almost took me a month in making the final draft of resume.
Tips: Resume making is a
College Name: IIT Bombay
Associate Consultant Interview Questions asked at other Companies
Interview Questionnaire
4 Questions
- Q1. Improving performance of two retail stores
- Ans.
Implementing strategies to improve performance of two retail stores
Analyze sales data to identify trends and areas for improvement
Implement targeted marketing campaigns to attract more customers
Train staff on customer service and upselling techniques
Optimize store layout and product placement to increase sales
Utilize customer feedback to make necessary improvements
- Q2. There are two companies one with 50% equity and other with 60% equity and rest debt. Everything else being same, what would be the difference in cost of capital of the companies
- Q3. How many interviews you gave in the day
- Q4. Tell me about yourself question
Interview Preparation Tips
Experience: The interviewer started “tell me about yourself” while he was reading through the resume.
Case Details:
Then the interviewer asked about a particular bullet point in resume. The question given as case study was based on this.
For the next 15-20 minutes, we spoke about the measures taken to improve the performance. We went into exhaustive discussions
about the steps taken and what else could have been done. We discussed about product mix, the performance of other stores in the
region, agricultural potential of the area, means to attract customers etc.
For the next question, I asked about the tax rate and he said the tax rate is zero. I gave the answer.
He then asked me if I wanted to ask something about the job. I asked him about his career progression. I also asked that Booz being relatively new entrant in India, how it was planning to expand.
The detailed discussion on resume point went well. I was also pretty relaxed during the interview which helped.
While giving answer for the WACC question, I simply gave an answer and did not illustrate the logic of it. I could have taken him through the logic.
Tips: Typically we prepare a 3-4 minute pitch for each resume point. In my case the discussion on a single point went for about 20 minutes. So it’s important to know your resume very well and talk about it convincingly.
Round: PI and Case study
Experience: : Tell me something about yourself (went on for about 4 minutes as he did not stop me and expected more)
: What are the qualities required to be a successful consultant
: Why do you think you would make a good consultant
: What other career choices are you looking at. Which other firms are you interviewing with.
: What are your long term career goals. How would you achieve them.
: While discussing my experience in KPMG audit, the discussion veered towards corporate governance. So he asked me to tell
what went wrong with Enron – the question stumped me because I had not expected it and had last read about Enron more than 5
years back. I gave him a rough sketch about how Enron managed to cook its books.
The personal interview lasted for about 15-20 minutes. Generally there were follow up questions to what I answered. Then we started with a case.
Case question: An oil marketing company wants to launch a fuel card where the customer can pay through the card and settle the bills at the end of the month. Users would also get loyalty points. How would you advise the company on whether they should undertake the project.
Case Details:
I started with broadly stating that the considerations would be strategic, financial to see if the project is viable and then operational to see if it can be implemented. To see whether we would have any strategic advantage over competition with fuel card launch, I explored the potential customers.
S(me): Has any competitor launched fuel cards or any similar program of their own?
P(interviewer): No. Ours is the first company considering its launch.
S: To see whether customers would value fuel cards, let’s categorize the customers. One set who would value it would be transport service operators. Other set would be retail customers who would appreciate the convenience offered by fuel cards and loyalty points. The points would also help in creating a customer lock-in.
P: That covers practically everybody. Why would transport service operators value fuel card ?
S: It would mean drivers would not need to carry cash with them on trips and hence greatly reduce operational hassles. There will be decrease in leakage/theft as the drivers would be paying directly by cards. Operators would have transaction ease in paying at the end of month and also greater control over the fuel usage. Interviewer seemed happy with the reasons. I said that there seemed to be a market for fuel cards and by implementing it, we would be able to increase our sales by eating into our competitor’s pie. We proceeded to check the financial viability. To check the financial feasibility I outlined the following scheme: Incremental contribution due to fuel cards Implementation and operating costs for the same Hit in margin if we do not implement and some competitor implements the same
I checked with interviewer if he was ok with the overall approach and he said fine.
S: To compute the incremental contribution, we need the current sales level and the margin level
P: Current sales are 100 mn lts. Margin is 10 cents per ltr
S: We would need the competitive scenario, number of stores and incremental sales expected at each store to estimate incremental margin
P: Assume there is an overall 30% increase in sales volume
I thus calculated the incremental contribution. We then proceeded to calculate the cost of implementation and operation.
S: Operating costs would depend on the model of operation. We can either tie up with a bank and they can take over all the back-end like and operate it like credit card operations. Else we can have our own set-up and generate bills for the customers. In our own set-up, there will be higher set-up costs and interest foregone for credit period. In tie-up with bank, we would have credit card charges as normally levied by the banks which are generally around 1.5% and maybe some additional operating costs. Other than that, we would have incremental costs at the pump level like a telephone line for card usage. Interviewer gave me a fixed cost per month which was same for both scheme and included depreciation etc. This certainly made life easy
S: What are the loyalty points costing us?
P: 3 cents per ltr
S: When we launch fuel cards, the card sale would also poach into our cash sale. Hence though the overall incremental sale is 30%, what is card sale as a % of total sale?
P: cash and card sales are 50% each.
I then worked out the numbers to determine that launching fuel cards was leading to financial loss on a standalone basis. I then asked whether we should proceed to compute the potential loss in revenue in case we do not launch fuel cards but a competitor launches it. The interviewer asked me to summarize the case there. I said that fuel cards seem to have a good market but is leading to a loss on standalone basis. To take a decision, we need to see potential loss if we do not launch and a competitor launches the same. Also, we could look into reducing loyalty points as it’s a major cost head. We are delivering real value to customer and current scheme may not be required.
Prep for personal questions helped me in the first half. Case went well in a structured manner.
To conclude, what I think went wrong with the interview was the Enron question surprised me and I did not give a very good answer. But I guess there can always be surprise questions. Having a fair idea in the field of prior experience would help.
Round: HR Interview
Experience: We did not discuss any case during the interview. However, we spoke on length about my work experience and learnings. I had worked in rural retail business and rural marketing business in ITC before joining ISB. So we went into a lengthy discussion about rural India and its potential. He asked whether the buzz surrounding rural India was justified. I gave my opinion. He then asked what were the hurdles in rural India and what were the factors determining success. I gave examples from my experience and listed down the hurdles and success factors. We discussed them in details and he came up with a sort of matrix to evaluate the potential for rural success based on factors discussed. I also highlighted the importance of right product which can make a big difference and gave some examples in this regard. I also listed down the key drivers for business in retailing business in rural
India.
After some more questions, the interview ended.
What I think went right in the interview is that I was able to talk about my experience of rural India in both retailing and marketing businesses in detail with numbers and examples which made the discussion more lively and believable.
Tips: Again knowing about your work experience thoroughly helps.
Skills:
College Name: Indian School Of Business (ISB)
Top trending discussions
Interview questions from similar companies
Johndsouza
I was interviewed in Jan 2025.
(1 Question)
- Q1. Self Introduction
(1 Question)
- Q1. Worst and very cunning interviewer
Interview Preparation Tips
The worst interview ever in my life till now for SSM/SPA role in an insurance company, Gallagher needed 400 SSMs and the walk-in drive was also huge, but the crazy thing starts from here, the first round was HR (HR executives cleared everyone just for the name sake), second round was L&D in which some 4-5 guys were filtering everyone except *BEAUTIFUL GIRLS*, I don't remember the exact name of my interviewer (vishvesh/Chandrashekar), he is just a MF, with his warm welcoming style like handshake and with his smile majority of the crowd thought they got selected for the next round (even though my friends and I interacted with this MF in a good manner and also with proper english without grammatical mistakes), this MF says wait for sometime we will update you and after sometime HR PONAPPA calls your name and says " I'M SORRY, YOU NEED TO IMPROVE YOUR COMMUNICATION, YOU CAN LEAVE FOR THE DAY"..
Yaar tum jaise MC ki wajah se bahut saare ladkon ka jeena haram ho chuka he..
inn MC ko keeda chubta rehta he g**nd me isiliye ghanto tak wait karvate he hame woh bhi bina paani,
Mujhe 100% yakeen he ki yeh log sirf company ka paisa lootne ke liye 400 SSMs vacancies update kiye the naukri me..
Mein khud mere aankhon se dekha hu ki yeh log sabko vapas bhej rahe the sirf KHUBSURAT LADKIYON ko rakh ke (lagta he lap dance karvaane ka shock he inhe)..
Ek baat bolo jo bhi India me rehta he unka english Indian accent ka hota he, chalo mein bhi maanta hu agar kuch galati hogaya grammer me toh theek, magar thanda dimak se aaraam se hum log baat kar rahe the without grammatical mistakes, iske baad bhi inn haram zaade hamare saath khel liya, mere 1100₹ bhi barbaad hogaya transportation me aur khane me..
Just for your reference guys, if you're a girl that too a beautiful girl then you can attend this company and I'm 100% sure they'll select you..
F this company..
I was interviewed in Jan 2025.
(5 Questions)
- Q1. Basics of Python, Flask, ReactJs, RestApi Development
- Q2. Python - Difference between is and ==
- Q3. React - useEffect vs useState
- Q4. Authentication in RestApi
- Q5. React - Pure Component and Higher order components
I was interviewed in Dec 2024.
(4 Questions)
- Q1. What's the CI/CD workflow that's followed in your team?
- Ans.
Our team follows a CI/CD workflow that includes automated testing, code reviews, and continuous integration.
Automated testing is run on every code change to catch bugs early.
Code reviews are conducted before merging changes to ensure code quality.
Continuous integration is used to automatically build and test code changes in a shared repository.
Deployment pipelines are set up to automate the release process.
Version cont...
- Q2. Has there been any security incident and how have you handled those ?
- Ans.
Yes, there have been security incidents and I have handled them effectively.
Implemented security protocols to prevent future incidents
Conducted thorough investigation to identify the root cause
Collaborated with IT team to strengthen security measures
Communicated with stakeholders to ensure transparency and trust
Provided training to employees on cybersecurity best practices
- Q3. Difference between authorization and authentication ?
- Ans.
Authentication verifies the identity of a user, while authorization determines what actions a user is allowed to perform.
Authentication confirms the identity of a user through credentials like passwords or biometrics.
Authorization determines the level of access or permissions a user has once their identity is confirmed.
Authentication is the process of logging in, while authorization is the process of granting or denyin...
- Q4. LLD for an authentication and authorization system
- Ans.
LLD for an authentication and authorization system
Separate modules for authentication and authorization
Use of secure hashing algorithms for storing passwords
Role-based access control implementation
Audit logging for tracking user actions
Integration with external identity providers
(1 Question)
- Q1. Design a document managed storage like google drive as an E2E solution.
- Ans.
Design a document managed storage like Google Drive as an E2E solution.
Implement user authentication and authorization for secure access.
Create a user-friendly interface for uploading, organizing, and sharing documents.
Include features like version control, file syncing, and search functionality.
Utilize cloud storage for scalability and accessibility.
Implement encryption for data security.
Integrate with third-party app
Interview Preparation Tips
Be ready to provide reasons for decisions taken for your resume.
(6 Questions)
- Q1. What are the aml and kyc requirements?
- Ans.
AML and KYC requirements are regulations that financial institutions must follow to prevent money laundering and verify the identity of their customers.
AML (Anti-Money Laundering) requirements involve monitoring transactions, reporting suspicious activities, and conducting customer due diligence.
KYC (Know Your Customer) requirements involve verifying the identity of customers, assessing their risk level, and maintainin...
- Q2. Why should we hire you, briefly describe a scenario where you would showcase a different skill or talent compared with your fellow employees?
- Ans.
I have a strong attention to detail and analytical skills that set me apart from my colleagues.
I have a proven track record of accurately identifying and resolving discrepancies in KYC documentation.
I excel at conducting thorough research and analysis to ensure compliance with regulations.
My ability to effectively communicate complex information to stakeholders sets me apart in team collaborations.
- Q3. Strength and weakness?
- Ans.
Strength: attention to detail, Weakness: perfectionism
Strength: Ability to meticulously review documents and identify discrepancies
Strength: Strong analytical skills to detect potential risks or fraudulent activities
Weakness: Striving for perfection may lead to spending too much time on a task
Weakness: Difficulty in delegating tasks due to desire for everything to be done perfectly
- Q4. Project and achievements?
- Ans.
Implemented a new KYC process resulting in 30% reduction in onboarding time and 20% decrease in errors.
Led a team to revamp KYC procedures and systems
Introduced automation tools to streamline verification process
Trained staff on updated KYC regulations and best practices
- Q5. Are you a team player? What do you do when you don’t get along with certain colleagues? How do you manage conflict resolution?
- Ans.
Yes, I am a team player. I believe in open communication and collaboration. When conflicts arise, I address them directly and seek resolution.
I believe in open communication and collaboration within the team.
I address conflicts directly and seek resolution through constructive conversations.
I focus on finding common ground and working towards a solution that benefits the team as a whole.
- Q6. Provide a situation where you might have failed previously? What has that experience taught you?
- Ans.
I failed to meet a deadline due to poor time management.
Underestimated the time needed for a project
Did not prioritize tasks effectively
Learned to create a detailed schedule and set realistic deadlines
General English grammar knowledge and some calculations
(6 Questions)
- Q1. CTC and expected salary details?
- Q2. No you cannot negotiate and end up taking what they give you!
- Q3. No relocation time, do it during weekends
- Q4. No target compensation or other benefits
- Q5. If ur employed through agency or consultancy you will be always a contingent and treated less than permanent employees
- Q6. 12 hours a day, 6 days a week, no social or life balance
Interview Preparation Tips
I applied via Campus Placement
It was a technicaL + aptitude test with 60 minutes duration.
(2 Questions)
- Q1. Basic questions regarding the projects that i have done.
- Q2. They asked me about my favourite subjects and then they asked some basic questions regarding those subjects.
(1 Question)
- Q1. HR round in TCE is not an interview round rather it is a video assessment wherein we were given with two HR questions and we have to record a video answering the questions. maximum duration of the video sh...
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Dec 2024. There were 3 interview rounds.
(1 Question)
- Q1. Self introduction and brief explanation about privious work
(2 Questions)
- Q1. About privious process and company
- Q2. What is saction, types of saction, what ia pep, meaning of reg flag, about cip, edd, saction country
- Ans.
Sactions are penalties imposed on individuals or entities for violating laws or regulations. PEP refers to politically exposed persons. Red flags indicate potential suspicious activity. CIP stands for customer identification program. EDD is enhanced due diligence.
Sanctions are penalties imposed on individuals or entities for violating laws or regulations
Types of sanctions include financial sanctions, trade sanctions, a...
Relationship, reasoning and apti
Interview Preparation Tips
(3 Questions)
- Q1. Bid process Bid calculation bid submission
- Q2. RFP process flow . Project management goverment project handling process
- Q3. Financial bid submission and PPT preparation knowledge
(2 Questions)
- Q1. Bid submission and RFP submition financial bid proposal
- Q2. Bid submission and RFP submission financial bid proposal PPT
RFP Preparation bid submission financial
Booz & Company Interview FAQs
Tell us how to improve this page.
Interview Questions for Popular Designations
Interview Questions from Similar Companies
Fast track your campus placements
Booz & Company Reviews and Ratings
based on 1 review
Rating in categories
|
Senior Associate
8
salaries
|  ₹27.3 L/yr - ₹45 L/yr |
|
Associate Consultant
4
salaries
| ₹18 L/yr - ₹28 L/yr |
|
Associate
3
salaries
| ₹23 L/yr - ₹30 L/yr |
McKinsey & Company
BCG
Bain & Company
Deloitte
- Home >
- Interviews >
- Booz & Company Interview Questions
