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Finoability Management Trainee Interview Questions and Answers

Updated 19 Dec 2024

Finoability Management Trainee Interview Experiences

2 interviews found

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

I applied via Campus Placement and was interviewed before Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(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

  • Answered by AI
  • 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

  • Answered by AI
  • 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...

  • Answered by AI
  • 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...

  • Answered by AI
  • 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...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This internship is a must for finance freshers. Although it includes a small element of sales, the exposure you receive is undoubtedly commendable and unmatched.
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Tell me about urself ? Nd basic finance question ratios and all

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Top trending discussions

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Interview Tips & Stories
1w (edited)
a team lead
Why are women still asked such personal questions in interview?
I recently went for an interview… and honestly, m still trying to process what just happened. Instead of being asked about my skills, experience, or how I could add value to the company… the questions took a totally unexpected turn. The interviewer started asking things like When are you getting married? Are you engaged? And m sure, if I had said I was married, the next question would’ve been How long have you been married? What does my personal life have to do with the job m applying for? This is where I felt the gender discrimination hit hard. These types of questions are so casually thrown at women during interviews but are they ever asked to men? No one asks male candidates if they’re planning a wedding or how old their kids are. So why is it okay to ask women? Can we please stop normalising this kind of behaviour in interviews? Our careers shouldn’t be judged by our relationship status. Period.
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Interview questions from similar companies

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

Interview preparation tips for other job seekers - Be patience until you received a call that you are rejected

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

Interview Questionnaire 

1 Question

  • Q1. What is aging bucket
  • Ans. 

    Aging bucket is a method of categorizing accounts receivable based on the length of time they have been outstanding.

    • It helps in identifying the overdue accounts and managing them effectively

    • Accounts are usually categorized into buckets based on the number of days past due

    • The buckets can be customized based on the company's policies and requirements

    • For example, a company may have buckets like 0-30 days, 31-60 days, 61-9...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be specific and crisp while answering

Skills evaluated in this interview

I applied via Walk-in and was interviewed before Aug 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Majorly general accounting questions
  • Q2. Finance & accounting related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Go through generally accepted accounting principles

I applied via Referral and was interviewed in May 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic journal entries related to provisions, AS 9 ,22 few case studies

Interview Preparation Tips

Interview preparation tips for other job seekers - Always be calm because more you will get panic more the chances that you will forget the answers

I applied via Referral and was interviewed before May 2018. There were 5 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. About me, my education,
  • Q2.  hobbies and define what kind of person I'm
  • Ans. 

    My hobbies include painting, hiking, and playing the guitar. They show that I am creative, adventurous, and disciplined.

    • Painting - shows creativity and attention to detail

    • Hiking - demonstrates a sense of adventure and love for the outdoors

    • Playing the guitar - indicates discipline and dedication to learning a skill

  • Answered by AI
  • Q3. General Accounting Like Depreciation, Golden Rules of accounting.

Interview Preparation Tips

Round: Test
Experience: Aptitude Test, Reasoning, Accounting, General Knowledge. Then after English Language Read and Write Test

General Tips: Be confident, if feeling nervous ask the Interviewer if you can have break for a moment, take a deep breath, maintain speaking rhythm and voice.
That worked for me.
Skills: Communication, Problem Solving, Analytical Skills, Decision Making Skills
Duration: 1-4 weeks
Are these interview questions helpful?

I applied via Naukri.com and was interviewed before Jun 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Mostly about management

Interview Preparation Tips

Interview preparation tips for other job seekers - See the jd properly and excel work mostly. Lookups, pivot

I applied via Campus Placement and was interviewed before May 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. How will you balance your work life and personal life
  • Q2. What should be your position in the organization 5 years down the lane

Interview Preparation Tips

Interview preparation tips for other job seekers - The questions in the interview were purely based on your resume. First they would ask you about your academics, your electives, questions on your favorite subject etc. and then they would come to your projects and after that Co-curricular. Be bold enough to face the panel and just be honest. If you don't know anything, frankly accept that you are not aware and definitely will learn the same. Don get panic and be confident.

I applied via Referral and was interviewed before Sep 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic accounting questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident & say no if you don't know any answer

Finoability Interview FAQs

How many rounds are there in Finoability Management Trainee interview?
Finoability interview process usually has 1 rounds. The most common rounds in the Finoability interview process are HR and One-on-one Round.
What are the top questions asked in Finoability Management Trainee interview?

Some of the top questions asked at the Finoability Management Trainee interview -

  1. What is the difference between Portfolio Management and Wealth Manageme...read more
  2. What is the income statement in simple ter...read more
  3. Tell me about urself ? Nd basic finance question ratios and ...read more

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Overall Interview Experience Rating

4/5

based on 2 interview experiences

Difficulty level

Moderate 100%

Duration

Less than 2 weeks 100%
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Finoability Management Trainee Reviews and Ratings

based on 3 reviews

4.1/5

Rating in categories

4.5

Skill development

4.3

Work-life balance

3.4

Salary

3.0

Job security

3.7

Company culture

3.7

Promotions

3.7

Work satisfaction

Explore 3 Reviews and Ratings
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