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FinMechanics Interview Questions and Answers

Updated 29 Nov 2024

FinMechanics Interview Experiences

Popular Designations

8 interviews found

Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Multiple choice questions on Probability, coding and Finance were asked.

Round 2 - Technical 

(2 Questions)

  • Q1. A Probability based qn was asked
  • Q2. A DP DSA question was asked

Summer Intern Interview Questions asked at other Companies

Q1. There are 8 bottles of milk out of which one bottle is poisoned. What will be the minimum number of persons required to find the poisoned bottle if the person dies within 24 hours of drinking the poison. You have only 24 hours.
View answer (6)
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Basic Math, Coding and Finance

Round 2 - One-on-one 

(2 Questions)

  • Q1. Finance Problems
  • Q2. Easy Parenthesis matching and Binary Search

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)

Consultant Interview Questions & Answers

user image Anonymous

posted on 29 Nov 2024

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Aptitude Test 

Maths, probability, english, finance

Consultant Interview Questions asked at other Companies

Q1. How would you pass an entry for travel expenses incurred and paid by employee and was reimbursed? How would the end to end flow happens
View answer (8)
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via campus placement at Indian Institute of Technology (IIT), Mumbai and was interviewed before Sep 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

MCQ aptitude test, questions on logical reasoning

Round 2 - One-on-one 

(1 Question)

  • Q1. You are given two cords that burn in exactly one hour, not at uniform rate. How should you light the cords to determine exactly 15 minutes?

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)

FinMechanics interview questions for popular designations

 Associate Consultant

 (6)

 Consultant

 (1)

 Summer Intern

 (1)

I was interviewed before Feb 2016.

Interview Preparation Tips

Round: Test
Duration: 2 hours
Total Questions: 22

College Name: IIT Bombay

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)

Associate Consultant Interview Questions & Answers

user image Siddharth Ahuja

posted on 4 Dec 2016

I applied via campus placement at Indian Institute of Technology (IIT), Chennai and was interviewed in Dec 2016. There were 5 interview rounds.

Interview Preparation Tips

Round: Resume Shortlist
Experience: I think they put a CG cut off of >7.5 (not sure about the number)
Tips: Nothing specific

Round: Test
Experience: HR
They will try to check your character. What kind of person you are. What will you do in certain situations. Which values you hold important, and certain questions about your past - achievements etc. Note that there were hardly any standard HR interview questions - they prepare questions specific to their requirements as they are going to revolve a major part of your interview (if selected around you).

Quant
This is the most important section of the test.
Its not the normal MCQ aptitude questions. Its subjective questions and you are expected to solve them with every step. They involve puzzles, probability, general quant and all. Fundaes need to be clear, of course you can't guess them.

Coding
Few theoretical questions like definition types. Also, output types - certain codes will be given and you are to compute the outputs. And algorithms for simple codes like factorial, fibonacci, searching or sorting. Few questions will also involve data structures, and they may as well go to linked list and Inheritance (Object Oriented Programming)

Finance
Basic questions. Must be aware of basic financial terms - like what is bond, what is equity, mutual funds etc. And, the questions are like supported with guidelines for you to understand the context and then solve. Nothing high funda
Tips: HR
Be what you are. They are going to look at it from every angle - put you in different situations, if you try to project something else - chances are they will catch you. I don't think (not sure) this is evaluated for interview selection process.

Quant
You need to be really strong here and score well to be shortlisted for the interview.

Coding
They should see you are interested in coding and know coding decently well. As they are checking for aptitude and quant mostly, they are okay with a decently good performance in coding.

Finance
Same as coding. They just want to see you are enthusiastic about finance and are ready to learn more, after having knowing basics.

As long as you crack quant, and do just fine in coding and finance you'll get through. I think (not sure), they do have an individual cut off for last 3 sections - coding and finance cut offs are lower than quant though. Quant is the most important section!

Round: Technical + HR Interview
Experience: Interview will be easier - they know you have good aptitude and quant for having cracked the test. Its more like a conversation to check where your skills and interests lie. A couple of questions from probability and puzzles are put through
Tips: They should see your enthusiasm and interests in finance and how well you fit into their firm - depending on your answers to the HR part of the test and questions like - Why finance? Why FinMechanics? Why not core? Why not higher studies?

Round: HR Interview
Experience: In the previous round, there were multiple panels of 2 people each, now all 8-10 people are in a single panel interviewing you. Questions from your HR part of the test - Why this? Why not that? What will you do in this situation? Given two companies, which do you prefer? Given two types of work, which will you prefer?
Tips: Nothing specific - Be yourself. Recall your test answers. Be prepared and confident

Skills: Basic aptitude and probability, communication skills, confidence, HR
College Name: IIT Madras

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)

I applied via campus placement at Indian Institute of Technology (IIT), Chennai and was interviewed in Dec 2016. There were 4 interview rounds.

Interview Preparation Tips

Round: Test
Experience: Math+Fin(basic: no pre-requisite knowledge)
Tips: Subjective questions. So there is weightage for the approach being followed as well.
Duration: 2 hours

Round: Technical + HR Interview
Experience: Be thorough with everything on your resume, if any course/projects in finance, definitely expect questions on them. Other questions can be puzzles/quant questions.
Tips: Convey thoughts/ideas clearly.

College Name: IIT Madras

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)

I applied via campus placement at Indian Institute of Technology (IIT), Chennai and was interviewed in Dec 2016. There were 6 interview rounds.

Interview Questionnaire 

10 Questions

  • Q1. Tell me about yourself? Why FinMechanics? What do you think we do?
  • Ans. 

    I am a motivated individual with a strong background in finance and technology. I am excited about the innovative solutions FinMechanics offers in the financial industry.

    • I have a degree in finance and experience in technology consulting.

    • I am drawn to FinMechanics because of their cutting-edge technology and reputation for solving complex financial problems.

    • I believe FinMechanics specializes in providing advanced financ...

  • Answered by AI
  • Q2. Questions about my Finance internships and projects
  • Q3. Sorting Algorithms? What is their complexity?
  • Ans. 

    Sorting algorithms are used to arrange data in a specific order. Their complexity varies based on the algorithm used.

    • Sorting algorithms include bubble sort, insertion sort, selection sort, merge sort, quick sort, and heap sort.

    • The complexity of sorting algorithms is measured in terms of time complexity and space complexity.

    • Time complexity refers to the amount of time it takes for an algorithm to complete its task, whil...

  • Answered by AI
  • Q4. How would you develop an algorithm for an app like Splitwise with the objective of minimizing the number of transactions among a group of 5?
  • Ans. 

    Develop an algorithm to minimize transactions in a group of 5 for an app like Splitwise.

    • Create a matrix to represent the debts between individuals

    • Find the maximum and minimum debts in the matrix

    • Settle the maximum debt by transferring money from the debtor to the creditor

    • Repeat the process until all debts are settled or minimized

  • Answered by AI
  • Q5. There were questions based on my mechanical projects and also on my contribution to the FSAE team
  • Q6. Basics questions on Finance- Options, VaR, CVaR, Bonds, Time value of money et cetera
  • Q7. Tell me about yourself? Why FinMechanics? What do you know about us? Walk me through your resume
  • Ans. 

    I am a motivated individual with a background in finance and a passion for technology. I am excited about the opportunity to work at FinMechanics and contribute to innovative solutions in the financial industry.

    • I have a degree in finance and have gained experience in financial analysis and risk management.

    • I am proficient in programming languages such as Python and have experience in developing financial models.

    • I am att...

  • Answered by AI
  • Q8. Explain in detail about your internship
  • Ans. 

    I interned at a marketing firm where I assisted with social media campaigns and market research.

    • Assisted with creating social media content and scheduling posts

    • Conducted market research to identify target audience and competitors

    • Collaborated with team members on brainstorming ideas for marketing strategies

  • Answered by AI
  • Q9. What do you plan to do 5 years down the line? Plans of higher studies? Why not an MBA immediately? What are your long term goals?
  • Ans. 

    I plan to gain experience and skills in consulting, pursue higher studies in the future, and eventually aim for a leadership role.

    • I want to gain experience and skills in consulting by working on diverse projects and collaborating with experts in the field.

    • I plan to pursue higher studies in the future, possibly a specialized master's degree or a PhD, to deepen my knowledge and expertise in a specific area.

    • I believe that...

  • Answered by AI
  • Q10. Tell me of a time when you had conflicting opinions in a team and how you resolved it
  • Ans. 

    Resolved conflicting opinions in a team by encouraging open communication and finding a compromise

    • Encouraged open communication to understand each team member's perspective

    • Listened actively to all viewpoints and concerns

    • Facilitated a discussion to find common ground and reach a compromise

    • Focused on the team's goals and objectives to guide the decision-making process

  • Answered by AI

Interview Preparation Tips

Round: Resume Shortlist
Experience: CGPA based shortlisting. I think there was a cut-off of 7.5.
Tips: CGPA is very important. Don't let anyone tell you otherwise. Try and maintain above 8.5 to get shortlisted for most companies.

Round: Test
Experience: Math section involved a few puzzles and a few quantitative aptitude based questions. Programming section tested only the basics. It was language agnostic for the most part but a few questions were based on C. Finance section was probably designed to test your ability to learn new topics quickly. You could answer almost all the questions even without knowing finance as the underlying concept of the problem was explained in a paragraph above the question.
Tips: Practice Quant. Review syntax, data structures and algorithms for the programming section. Read 'DayOne' book's finance section for the finance part.
Duration: 2 hours
Total Questions: 30

Round: Technical + HR Interview
Experience: The interview panel had two people. They were warm and welcoming. Started off with my introduction and some resume based questions. Was asked about my internship at Indian School of Business and my Dual Degree Project. Then a few coding questions and the interview ended with questions on finance.
Tips: Make sure that you project your capabilities well in Math, Programming or Finance.

Round: Technical + HR Interview
Experience: All the employees (around 10 people) who came for the interviews were present in the room. It was slightly intimidating in the beginning to face so many interviewer. But they were really friendly and the interview went pretty well.
Tips: Refer 64 HR Questions book for HR preparation. Don't read the answers but use the questions to prepare your answers.



College Name: IIT Madras

Skills evaluated in this interview

Associate Consultant Interview Questions asked at other Companies

Q1. There are 2 cricket teams, A and B, with 11 players each. If every player of team A shakes hands with every player of team B(once), what will be the total number of handshakes?
View answer (15)

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Dec 2024. There were 8 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself.
  • Q2. What are your strengths and weaknesses?
Round 2 - Group Discussion 

I am to good for any type of work doing

Round 3 - Technical 

(2 Questions)

  • Q1. How do you perform keyword research?
  • Q2. What are ITSM and its processes?
Round 4 - HR 

(2 Questions)

  • Q1. Have you ever worked on a project with tight deadlines? How did you manage?
  • Q2. Describe a time when you faced a challenging situation. How did you handle it?
Round 5 - Coding Test 

Question: Write a function to sort an array of integers in ascending order without using the built-in sort() function.

javascript
Copy code
function customSort(arr) {
// Your code here
}
console.log(customSort([5, 3, 8, 1])); // Output: [1, 3, 5, 8]

Round 6 - Case Study 

Operational Efficiency: Automating workflows in ServiceNow should reduce processing time for customer queries and loan applications by 50%.
Increased Visibility: SEO and SEM strategies should increase the bank’s website traffic by 30% within 3 months.
Improved Customer Experience: A modern portal with faster support options will increase customer satisfaction ratings.

Round 7 - Assignment 

A report/document explaining the solutions for the above tasks.
A code file for the HTML/CSS/JavaScript task.
Screenshots or diagrams (if applicable) for ServiceNow workflows.

Round 8 - Aptitude Test 

Data Interpretation
Study the following data and answer the question:

Year Revenue (₹) Profit (₹)
2020 10,000 2,000
2021 12,000 3,000
2022 15,000 4,000Question:
What is the average profit percentage over the three years?

Options:
A) 20%
B) 25%
C) 22%
D) 27%

Interview Preparation Tips

Interview preparation tips for other job seekers - Build a Strong Resume and Portfolio
Tailor your resume: Customize your resume for each job by highlighting relevant skills and experiences.
Showcase achievements: Quantify your accomplishments (e.g., "Increased website traffic by 30%").
Include a portfolio: If you’re in fields like digital marketing or development, create a portfolio showcasing your projects, internships, or certifications.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed in Feb 2025.

Round 1 - Coding Test 

Three questions to be solved out of five.

Round 2 - Assignment 

One assignment project will be submitted within seven days.

Round 3 - One-on-one 

(1 Question)

  • Q1. Technical skills will be assessed during the interview with the director
Round 4 - HR 

(1 Question)

  • Q1. What are your expectations from the company?

FinMechanics Interview FAQs

How many rounds are there in FinMechanics interview?
FinMechanics interview process usually has 1-2 rounds. The most common rounds in the FinMechanics interview process are Aptitude Test, One-on-one Round and Technical.
What are the top questions asked in FinMechanics interview?

Some of the top questions asked at the FinMechanics interview -

  1. How would you develop an algorithm for an app like Splitwise with the objective...read more
  2. Sorting Algorithms? What is their complexi...read more
  3. You are given two cords that burn in exactly one hour, not at uniform rate. How...read more

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FinMechanics Interview Process

based on 5 interviews

Interview experience

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