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Finastra Senior Business Consultant Interview Questions, Process, and Tips
Finastra Senior Business Consultant Interview Experiences
1 interview found
Selected
I applied via Approached by Company and was interviewed in Jan 2023. There were 2 interview rounds.
(5 Questions)
- Q1. Functional questions on the modules worked in CBS such as Accounts, Loans, Deposits, Limits, Collateral.
- Q2. How does a bank treat the Accounting Entries after the activities such as Principal Repayment, Interest Dues, Write-off, Past Dues and so on?
- Ans.
Banks treat accounting entries for activities like principal repayment, interest dues, write-off, past dues by recording them in their financial statements.
Principal repayment is recorded as a decrease in the loan receivable account and a decrease in the cash account.
Interest dues are recorded as an increase in the interest income account and an increase in the interest receivable account.
Write-offs are recorded as a d...
- Q3. What is a revolving credit and non-revolving credit?
- Ans.
Revolving credit allows you to borrow up to a certain limit and repay it in full or in part, while non-revolving credit is a one-time loan with a fixed repayment schedule.
Revolving credit has a credit limit that can be used repeatedly, like a credit card.
Non-revolving credit is a one-time loan with a fixed repayment schedule, like a car loan.
Revolving credit allows flexibility in borrowing and repaying, while non-revol
- Q4. Questions on configuartion and parameterisation
- Q5. What are the steps involved in the initial stages of CBS implementation?
- Ans.
The initial stages of CBS implementation involve planning, analysis, design, development, testing, and deployment.
Planning phase involves defining project scope, objectives, and requirements.
Analysis phase includes assessing current systems and processes to identify areas for improvement.
Design phase focuses on creating a blueprint for the new CBS system.
Development phase involves building the system based on the desig...
(1 Question)
- Q1. Detailed E2E implementation of CBS for Loans module
- Ans.
End-to-end implementation of CBS for Loans module
Analyze current loan processes and requirements
Design CBS system configuration for loan products
Develop and test loan module functionalities
Integrate CBS with existing systems for loan processing
Train users on new CBS loan module
Monitor and optimize CBS loan module performance
Skills evaluated in this interview
Interview questions from similar companies
Selected
I applied via Referral and was interviewed in Jul 2024. There were 3 interview rounds.
(3 Questions)
- Q1. Basic introduction plus reason for job change
- Q2. Case Study about BA approach to given problem. "Client wants to build a mobile app. Suggest your approach"
- Q3. What are key documents you have prepared throughout the SDLC of a project
- Ans.
Key documents in SDLC include BRD, FRD, SRS, test cases, user manuals, and project plan.
Business Requirements Document (BRD) outlines the business problem and proposed solution
Functional Requirements Document (FRD) details the functional specifications of the system
Software Requirements Specification (SRS) defines the software requirements for the project
Test cases document outlines the test scenarios and expected resu...
(2 Questions)
- Q1. Assume you want to create go to market strategy for an app to be released in Dubai given that it is already established and successful in US.
- Ans.
To create a go-to-market strategy for an app in Dubai, analyze the local market, competition, cultural differences, and adjust marketing tactics accordingly.
Conduct market research in Dubai to understand the target audience, competition, and market trends.
Adapt the app to cater to the preferences and needs of the Dubai market.
Localize the app content, language, and features to resonate with the Dubai audience.
Identify ...
- Q2. Assume you have been sent to 90's with knowledge you have today. What would you suggest a client who want to build a website for his physical product.
- Ans.
I would suggest using a user-friendly design, implementing SEO strategies, and utilizing social media for marketing.
Focus on user-friendly design to enhance user experience
Implement SEO strategies to improve search engine visibility
Utilize social media for marketing and promotion
Consider implementing an online store for direct sales
Collect customer data for targeted marketing campaigns
(2 Questions)
- Q1. How do you approach product discovery?
- Ans.
I approach product discovery by conducting market research, gathering user feedback, analyzing data, and collaborating with cross-functional teams.
Conduct market research to understand industry trends and competitors
Gather user feedback through surveys, interviews, and usability testing
Analyze data from user interactions, A/B testing, and product metrics
Collaborate with cross-functional teams including designers, devel...
- Q2. What are key aspects of product discovery and how would you apply it for a social media app.
- Ans.
Key aspects of product discovery involve understanding user needs, market research, prototyping, and testing.
Conduct user research to understand the needs and preferences of social media app users.
Analyze market trends and competitor offerings to identify gaps and opportunities.
Create prototypes to visualize the app's features and gather feedback from stakeholders.
Test the prototypes with target users to validate assum...
Interview Preparation Tips
- Documentation
- Business Analysis
- Strategic Planning
- Agile Methodology
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
(1 Question)
- Q1. How many iphone users are there in Hyderabad.
(1 Question)
- Q1. Prepare a BRD and presentation.
I applied via Indeed and was interviewed in Jun 2024. There were 2 interview rounds.
(2 Questions)
- Q1. How to you manage team conflicts
- Ans.
I address team conflicts by promoting open communication, active listening, and facilitating constructive discussions.
Encourage open communication among team members to address conflicts early on
Practice active listening to understand all perspectives and concerns
Facilitate constructive discussions to find mutually beneficial solutions
Implement team-building activities to improve relationships and prevent conflicts
Seek...
- Q2. How many members in your team
- Ans.
There are 7 members in my team.
Our team consists of 3 business analysts, 2 data analysts, and 2 project managers.
Each member has a specific role and responsibilities within the team.
We work collaboratively to analyze business requirements and provide data-driven insights.
(2 Questions)
- Q1. Elevator pitch case study
- Q2. Are you willing to move to hyderabad
- Ans.
Yes, I am willing to relocate to Hyderabad for the right opportunity.
I am open to relocating for the right job opportunity
I have researched about Hyderabad and am comfortable with the idea of living there
I am excited about the prospect of working in a new city
Clear and general to the point questions
(2 Questions)
- Q1. Basic why you are leaving your previous job
- Q2. What are you looking for
(2 Questions)
- Q1. Salary expectation
- Q2. Basic about your background details earlier experience
Perumal Raj
(2 Questions)
- Q1. Excel questions
- Q2. Vlookup question
(2 Questions)
- Q1. Scenario based questions
- Q2. Conflict management questions
Business Analyst Interview Questions & Answers
Infor Global Solution
Anonymous
posted on 17 Dec 2024
Selected
I applied via LinkedIn and was interviewed in Jun 2024. There were 3 interview rounds.
(1 Question)
- Q1. Work experience and basic introduction questions.
(1 Question)
- Q1. Business analyst related questions.
(1 Question)
- Q1. HR round about basic introduction.
I applied via LinkedIn and was interviewed in Apr 2024. There were 2 interview rounds.
(1 Question)
- Q1. SQL and business Analyst questions
(1 Question)
- Q1. Situation based questions SQL
(2 Questions)
- Q1. BRD, FRD, JIRA, SAP BO
- Q2. Question related to past exp.
I applied via LinkedIn and was interviewed in Mar 2022. There was 1 interview round.
(1 Question)
- Q1. Questions on basic to advanced SQL, Advanced Excel, Power BI. 1) Difference between UNION and UNION ALL 2) Difference between COUNT and COUNTA 3) Scenario based SQL query questions on windows functions (ra...
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Finastra Senior Business Consultant Reviews and Ratings
based on 4 reviews
Rating in categories
|
Senior Software Engineer
335
salaries
|  ₹8.6 L/yr - ₹30 L/yr |
|
Software Engineer
333
salaries
| ₹5.4 L/yr - ₹16.1 L/yr |
|
Associate Software Engineer
167
salaries
| ₹5 L/yr - ₹10 L/yr |
|
Senior QA Engineer
90
salaries
| ₹7 L/yr - ₹24.2 L/yr |
|
Expert Software Engineer
89
salaries
| ₹14 L/yr - ₹40 L/yr |
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