FactSet Interview Questions, Process, and Tips

Finance and accounting, English grammar related questions.

Q1. Finance and Accounting related question
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Question related to aptitude to test analytical skills and English question to know the grammatical ability to speak in English.

Q1. Interview will be with managers and TL atleast 2members will be in panel. Questions related to accountancy, commerce and background of the interviewee are asked.
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Q2. Tell me about yourself, strength and weakness?
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Q3. What is Accumulated depreciation?
Ans. 
Accumulated depreciation is the total amount of depreciation expense that has been recorded for an asset over its useful life.
• It is a contra-asset account that reduces the value of an asset on the balance sheet.

• It is calculated by subtracting the asset's salvage value from its original cost and dividing the result by the asset's useful life.

• It represents the total amount of wear and tear or obsolescence that an asset h...read more
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Q4. How depreciation reflect in cash flow?
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Depreciation reduces net income and increases cash flow.
• Depreciation is a non-cash expense that reduces net income.

• Since it is a non-cash expense, it is added back to net income in the cash flow statement.

• This results in an increase in cash flow from operating activities.

• For example, if a company has a net income of $100,000 and depreciation expense of $20,000, the cash flow from operating activities would be $120,000.

• ...read more
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Q5. What is the difference between assets and liabilities?
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Assets are resources owned by an individual or organization, while liabilities are debts or obligations owed to others.
• Assets can include cash, property, investments, and inventory.

• Liabilities can include loans, mortgages, and unpaid bills.

• Assets are typically viewed as positive, while liabilities are viewed as negative.

• The difference between assets and liabilities is known as net worth or equity.
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Q6. What are accrued expenses?
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Accrued expenses are liabilities that have been incurred but not yet paid for.
• Accrued expenses are recorded on the balance sheet as a current liability.

• They represent expenses that have been recognized but not yet paid for.

• Examples of accrued expenses include salaries payable, interest payable, and utilities payable.

• Accrued expenses are typically recorded through adjusting entries at the end of an accounting period.
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Q1. Mutual funds, IPO, Working capital, Public company vs Private company share capital. capital market
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Q2. Past experience ,capital market
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1st they will sent you an email for the assessment. Once you passed, they will email you for initial interview.

Q1. 1.Tell me about yourself
Ans. 
I am a research analyst with a strong background in data analysis and market research.
• I have a Bachelor's degree in Economics and a Master's degree in Business Administration.

• I have worked as a research analyst for XYZ Company for the past 3 years, where I conducted market research and analyzed data to provide insights for strategic decision-making.

• I am proficient in statistical analysis software such as SPSS and Excel...read more
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Q2. Why did you apply for research Analyst
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I applied for the Research Analyst position because of my passion for data analysis and my strong analytical skills.
• I have always been fascinated by the power of data and its ability to provide valuable insights.

• I enjoy working with numbers and conducting in-depth research to uncover patterns and trends.

• I have a strong background in statistical analysis and data interpretation.

• I am skilled in using various research met...read more
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Q3. How did you know about Factset
Ans. 
I learned about Factset through my research and networking in the finance industry.
• I came across Factset while conducting research on financial data providers.

• I attended industry conferences and heard about Factset from industry professionals.

• I read articles and publications that mentioned Factset as a leading provider of financial information.

• I connected with professionals in the finance field who recommended Factset ...read more
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Q4. What is the required skills for research Analyst
Ans. 
Research Analysts require strong analytical, critical thinking, and communication skills.
• Strong analytical skills to collect and analyze data

• Critical thinking skills to interpret data and draw conclusions

• Excellent communication skills to present findings and recommendations

• Proficiency in statistical analysis software and tools

• Ability to work independently and as part of a team

• Attention to detail and accuracy

• Knowledge o...read more
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This is the final interview. There are lots of panelist. And as I remember there are 5 panels who interviewed me and it took 1 hr.
They will ask a lot of situational and technical questions.

Assessment related to the role of Research analyst ESG

Q1. What is ESG and why
Ans. 
ESG stands for Environmental, Social, and Governance. It is a framework used to evaluate a company's sustainability and ethical practices.
• ESG factors are used by investors to assess a company's long-term financial performance and risk.

• Environmental factors include a company's impact on climate change, natural resource depletion, and pollution.

• Social factors include a company's impact on human rights, labor practices, a...read more
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Q2. Accounting, Finance and ESG role related questions Working Capital, Cash Flow Statement, Capital and Money Markets, Amalgamation, Merger, Acquisition.
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Q1. Behavioral and ESG related questions
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Q2. Questions were from the resume and communication, confidence check.
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