Ernst & Young Consultant Interview Questions, Process, and Tips

Case a study on Procurement Operating Model
Interview questions on Should Costing

Q1. Interview questions on Past Experience or projects
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Q2. Shared Case studies and my previous projects taken
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Topic - Is chatGpt and gen AI killing the conventional Google Seatch Engine

Q1. Technical questions on risk assessment and control testing
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Q1. Stress test with multiple questions like gdp of india and genral knowledge test
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Case on AI and how it can help in GRC

Q1. Tell me about yourself
Ans. 
I am a dedicated and experienced consultant with a strong background in problem-solving and client management.
• Over 5 years of experience in consulting roles

• Skilled in analyzing data and providing strategic recommendations

• Proven track record of successfully managing client relationships

• Strong communication and presentation skills

• Certified in relevant consulting methodologies
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Q2. Explain GRc and how can SAP help there
Ans. 
GRC stands for Governance, Risk, and Compliance. SAP offers solutions to help organizations manage and mitigate risks.
• GRC involves managing policies, procedures, and regulations to ensure compliance

• SAP GRC solutions help automate risk management processes and monitor compliance

• Examples of SAP GRC modules include Access Control, Process Control, and Risk Management

• SAP GRC can help organizations streamline their governan
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Q1. Explain key risks in H2R process
Ans. 
Key risks in Hire to Retire (H2R) process include data security, compliance, and employee dissatisfaction.
• Data security risks include unauthorized access to employee data, data breaches, and cyber attacks.

• Compliance risks include non-compliance with labor laws, tax regulations, and data privacy laws.

• Employee dissatisfaction risks include errors in payroll processing, delays in benefits administration, and poor communic...read more
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Q2. List down controls in change management process
Ans. 
Controls in change management process
• Establishing a change advisory board (CAB)

• Creating a change management plan

• Performing impact analysis

• Testing and validating changes

• Implementing changes during scheduled maintenance windows

• Documenting changes and maintaining a change log

• Performing post-implementation reviews

• Reverting changes if necessary
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