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Finastra Senior Business Consultant Interview Questions, Process, and Tips

Updated 10 Jul 2023

Finastra Senior Business Consultant Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Jan 2023. There were 2 interview rounds.

Round 1 - Technical 

(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...

  • Answered by AI
  • 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

  • Answered by AI
  • 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...

  • Answered by AI
Round 2 - Technical 

(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

  • Answered by AI

Skills evaluated in this interview

Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. Who is the most important person have to transform you in your life?

Interview Preparation Tips

Interview preparation tips for other job seekers - Just speak your mind you will be selected.

Interview Questionnaire 

1 Question

  • Q1. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - just basic questions from my cv

Interview Questionnaire 

1 Question

  • Q1. How to use visio
  • Ans. 

    Visio is a diagramming tool used to create flowcharts, diagrams, and other visual representations of data.

    • Start by selecting a template or creating a new document

    • Drag and drop shapes onto the canvas and connect them with lines or arrows

    • Add text, images, and other elements to enhance the diagram

    • Use the formatting tools to customize the appearance of the diagram

    • Save and export the diagram in various formats such as PDF o

  • Answered by AI

I applied via Campus Placement and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Why shud I hire u

Interview Preparation Tips

Interview preparation tips for other job seekers - Be strong and motive

Interview Questionnaire 

4 Questions

  • Q1. Kepler first law
  • Q2. The orbit of a planet is an ellipse with the sun at one of the foci
  • Ans. 

    The orbit of a planet is an ellipse with the sun at one of the foci.

    • An ellipse is a closed curve with two foci.

    • The sun is located at one of the foci of a planet's elliptical orbit.

    • The shape of the orbit affects the planet's distance from the sun over time.

    • Kepler's laws of planetary motion describe the elliptical nature of orbits.

  • Answered by AI
  • Q3. Kepler second law
  • Q4. The line joining the planet and the sun sweeps equal areas

Interview Preparation Tips

Interview preparation tips for other job seekers - Nice

Interview Questionnaire 

1 Question

  • Q1. I want work from home job you can give interview online

I applied via Naukri.com and was interviewed in Mar 2021. There was 1 interview round.

Interview Questionnaire 

6 Questions

  • Q1. Introduction
  • Q2. Your hobbies
  • Q3. Do you study management
  • Q4. In bba how many subjects did you study
  • Q5. What do you want to become
  • Q6. Are you capable of working in Infosys

Interview Preparation Tips

Interview preparation tips for other job seekers - Introduction .
Telephonic round .
Communication skills.

Interview Questionnaire 

2 Questions

  • Q1. Tell me about yourself
  • Q2. Salary expectations

Interview Preparation Tips

Interview preparation tips for other job seekers - was normal

Interview Questionnaire 

1 Question

  • Q1. Why looking for a job change

Finastra Interview FAQs

How many rounds are there in Finastra Senior Business Consultant interview?
Finastra interview process usually has 3 rounds. The most common rounds in the Finastra interview process are Technical and Resume Shortlist.
How to prepare for Finastra Senior Business Consultant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Finastra. The most common topics and skills that interviewers at Finastra expect are Recruitment, Business Consulting, Data Analysis, Project Management and Software Implementation.
What are the top questions asked in Finastra Senior Business Consultant interview?

Some of the top questions asked at the Finastra Senior Business Consultant interview -

  1. How does a bank treat the Accounting Entries after the activities such as Princ...read more
  2. What are the steps involved in the initial stages of CBS implementati...read more
  3. What is a revolving credit and non-revolving cred...read more

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Finastra Senior Business Consultant Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Finastra Senior Business Consultant Salary
based on 54 salaries
₹12.9 L/yr - ₹27 L/yr
11% more than the average Senior Business Consultant Salary in India
View more details

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based on 4 reviews

4.5/5

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4.5

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3.5

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3.4

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3.5

Job security

4.4

Company culture

3.0

Promotions

4.5

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