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Finoability Management Trainee Interview Questions and Answers
Finoability Management Trainee Interview Experiences
2 interviews found
Anonymous
Selected
I applied via Campus Placement and was interviewed before Dec 2023. There was 1 interview round.
(5 Questions)
- Q1. Can you tell me about yourself?
- Ans.
I am a recent graduate with a degree in Business Administration and a passion for leadership and problem-solving.
Graduated with a degree in Business Administration
Passionate about leadership and problem-solving
Completed internships in marketing and finance
Participated in student government and led a team project
- Q2. What led you to choose Finance as your career specialization?
- Ans.
Passion for numbers and interest in analyzing financial data led me to choose Finance as my career specialization.
Strong interest in working with numbers and analyzing data
Passion for understanding financial markets and trends
Enjoyment of problem-solving and critical thinking in financial scenarios
- Q3. What is the income statement in simple terms?
- Ans.
The income statement is a financial report that shows a company's revenues, expenses, and profits over a specific period of time.
Shows company's financial performance over a period
Includes revenues, expenses, and profits
Helps in evaluating profitability and financial health
Key components: revenue, cost of goods sold, gross profit, operating expenses, net income
Example: Company A's income statement for the year ended De...
- Q4. What is the difference between Portfolio Management and Wealth Management?
- Ans.
Portfolio Management focuses on managing investments in a portfolio, while Wealth Management involves comprehensive financial planning and management for high-net-worth individuals.
Portfolio Management involves managing investments in a portfolio to achieve specific financial goals.
Wealth Management includes comprehensive financial planning, investment management, tax planning, estate planning, and other financial serv...
- Q5. Could you describe the Internship job description and specify which part of it intrigued you the most?
- Ans.
The internship job description involved assisting with project management, data analysis, and client communication.
Assisting with project management tasks such as creating timelines and tracking progress
Conducting data analysis to identify trends and make recommendations
Communicating with clients to gather feedback and provide updates
The part that intrigued me the most was the opportunity to work on real projects and g...
Interview Preparation Tips
(1 Question)
- Q1. Tell me about urself ? Nd basic finance question ratios and all
Top trending discussions
Interview questions from similar companies
(1 Question)
- Q1. Tell me about yourself.
I applied via Referral and was interviewed before Mar 2021. There were 3 interview rounds.
(1 Question)
- Q1. They ask me about the last company duties and record to report related questions e.g. golden rules, prepaid expenses, accurate and journal entries...all were basic questions..
(1 Question)
- Q1. Prepaid and accural journal entries
- Ans.
Prepaid and accrual journal entries are essential for accurate financial reporting and matching revenues with expenses.
Prepaid expenses are payments made in advance for goods/services to be received in the future. Example: Rent paid for the next month.
Accruals are expenses or revenues that are recognized before cash is exchanged. Example: Salaries earned by employees but not yet paid.
Prepaid expenses are recorded as as...
Interview Preparation Tips
I applied via Campus Placement and was interviewed in Apr 2021. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Basic info about Youself ,basic knowledge of accounting golden rules
- Q2. Accounting standard knowledge
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Jun 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Fixed assets, month end closure process,excel formula
Interview Preparation Tips
I applied via Walk-in and was interviewed before Nov 2021. There were 2 interview rounds.
(2 Questions)
- Q1. Basic Question on Invoice processing but may vary candidate to candidate and it was just one round, then discussion with the HR.
- Q2. Domain Questions are asked and one should be prepared for it as anything can be asked .
Interview Preparation Tips
Prepare on what you have done in academics and why if you are fresher, it may be asked.
One last thing prepare for the profile you are going to give interview.
I applied via Naukri.com and was interviewed in Nov 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. About previous experience and job profile
Interview Preparation Tips
Aarush Jha
I applied via Naukri.com and was interviewed in Nov 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Question ask for R2R relted like bank reconciliation, what is accrual basis ?, they ask the role i performed in my previous organization.
Interview Preparation Tips
2.Prepare about the role you have performed in the previous organization
3. Be confident throughout the interview.
I applied via Campus Placement and was interviewed before May 2021. There were 4 interview rounds.
It was more of a introduction of yourself and giving you simple situations to know you better like for eg if you have so much stress etc in a particular situation how would you react etc..
Or rate your self in confidence from 1 to 5
(1 Question)
- Q1. In this round, I got more of finance background questions since my MBA is in finance and also few IT related terms. So I was not aware on some hence tried it but no luck so learnt from them its meaning.
(5 Questions)
- Q1. Combine IT & Finance and tell some solutions
- Ans.
Combining IT & Finance can lead to solutions like automation, data analysis, and improved financial reporting.
Automating financial processes using IT tools can save time and reduce errors
Data analysis can help identify trends and patterns in financial data, leading to better decision-making
IT can improve financial reporting by providing real-time data and customizable dashboards
Using blockchain technology can increase ...
- Q2. Mention your achievements
- Q3. Mention how hardworking you are basis your EGs in life
- Q4. More IT related terms were asked
- Q5. Also location constraints were asked
(1 Question)
- Q1. This round was more of discussion on the salary and location related questions
Interview Preparation Tips
Be confident
Show them you are looking forward to work.
Understand more about your job profile better
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