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Fortune Financial Services Interview Questions and Answers

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Interview experience
3
Average
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I was interviewed in Oct 2024.

Round 1 - Aptitude Test 

Basic Financial Accounting concepts
Email Writing
Logical Reasoning

Round 2 - Technical 

(4 Questions)

  • Q1. What goes in the line items of Income Statement?
  • Ans. 

    Line items in an Income Statement include revenues, expenses, gains, and losses.

    • Revenue: Sales of goods or services

    • Cost of Goods Sold (COGS): Direct costs related to producing goods sold

    • Gross Profit: Revenue minus COGS

    • Operating Expenses: Costs related to running the business (e.g. salaries, rent)

    • Operating Income: Gross profit minus operating expenses

    • Interest Expense: Cost of borrowing money

    • Net Income: Total profit afte...

  • Answered by AI
  • Q2. What is Investment Banking?
  • Ans. 

    Investment banking involves providing financial advisory services to corporations, governments, and other institutions for raising capital, mergers and acquisitions, and other financial transactions.

    • Helps companies raise capital through issuing stocks or bonds

    • Assists in mergers and acquisitions by providing valuation and negotiation services

    • Provides financial advisory services for various transactions such as IPOs, deb...

  • Answered by AI
  • Q3. Explain the impact of share buyback on the 3 financial statements.
  • Ans. 

    Share buybacks impact financial statements by reducing outstanding shares, increasing EPS, and affecting cash flow.

    • Share buybacks reduce the number of outstanding shares on the balance sheet.

    • This can increase earnings per share (EPS) as the same amount of earnings is distributed among fewer shares.

    • On the income statement, share buybacks can lead to higher EPS and potentially higher stock prices.

    • Share buybacks can also ...

  • Answered by AI
  • Q4. Impact of bonus share issue on 3 financial statements.
  • Ans. 

    Bonus share issue impacts financial statements by increasing equity on balance sheet, reducing retained earnings, and affecting earnings per share.

    • Increase in equity on balance sheet due to additional shares issued at no cost

    • Reduction in retained earnings as company's profits are distributed among more shareholders

    • Impact on earnings per share as number of shares outstanding increases

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I was prepared for Valuations and Financial Modelling questions but the Accounting questions caught me off guard. Was even suggested by the recent hires to prepare well on the Relative Valuations which I did, but still not even one question was asked about finance, the whole interview revolved around Accounting, and 2 questions of the "impact on FS", which I found to be a difficult scenario, since I knew the basic stuff like what would be the impact of Purchase of Machinery/Debtors written off. But share buyback/bonus issue was a type of question which witnessed for the first time.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. Learning environment
  • Q2. Approachable to seniors
  • Q3. Friendly culture
  • Q4. Best learning place
  • Ans. 

    The best learning place is through hands-on experience and continuous self-improvement.

    • Hands-on experience allows for practical application of knowledge

    • Continuous self-improvement through reading, courses, and mentorship

    • Learning from mistakes and seeking feedback for growth

    • Networking with industry professionals for new perspectives

  • Answered by AI
  • Q5. Process team working on daily basis for better solution. Best place for work
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Durring My job work
  • Q2. What was required your salary
  • Ans. 

    I am open to discussing a competitive salary based on my qualifications and the responsibilities of the role.

    • I am flexible and open to negotiation regarding salary

    • I am looking for a competitive salary that reflects my experience and skills

    • I am interested in discussing the salary range for this position during the interview process

  • Answered by AI
Round 2 - Technical 

(2 Questions)

  • Q1. How many handle in shop floor m/c
  • Ans. 

    The number of machines handled on the shop floor varies depending on the size and complexity of the operation.

    • The number of machines handled on the shop floor can range from a few to hundreds, depending on the size of the manufacturing facility.

    • The type of machines being used also impacts the number of machines that need to be handled. For example, a facility using CNC machines may require fewer operators compared to a...

  • Answered by AI
  • Q2. Types of m/c handle
  • Ans. 

    Types of m/c handles include lever handles, knob handles, pull handles, and push handles.

    • Lever handles are operated by pushing down or pulling up on a lever.

    • Knob handles are turned to open or close a door or drawer.

    • Pull handles are used to pull a door or drawer open.

    • Push handles are designed to be pushed to open a door or drawer.

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Implement LRU cache
  • Q2. Some git Commands, SQL query,Kafka
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

I applied via Approached by Company and was interviewed in Jul 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Overall details
  • Q2. Education details
  • Q3. Random essay on back of cv
Round 2 - One-on-one 

(3 Questions)

  • Q1. Self introduction
  • Q2. Education details
  • Q3. General legal knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - Reach on time, prepare your resume, revise general and legal knowledge and dont get desperate if you don't hear from the company.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jun 2024. There were 2 interview rounds.

Round 1 - Technical 

(3 Questions)

  • Q1. What is your day to day roles and responsibilities
  • Q2. What is Spanning Tree Protocol?
  • Ans. 

    Spanning Tree Protocol is a network protocol that ensures a loop-free topology for Ethernet networks.

    • Prevents loops in Ethernet networks by blocking redundant paths

    • Designated switches are elected to forward traffic on each segment

    • Uses Bridge Protocol Data Units (BPDUs) to communicate and determine the topology

    • Common implementations include IEEE 802.1D (STP), 802.1w (RSTP), and 802.1s (MSTP)

  • Answered by AI
  • Q3. Have you ever used BGP
  • Ans. 

    Yes, I have experience using BGP in managing network routing.

    • I have configured BGP peering between routers to exchange routing information.

    • I have troubleshooted BGP routing issues to optimize network performance.

    • I have implemented BGP route filtering and policy-based routing.

    • I have worked with BGP communities for traffic engineering purposes.

  • Answered by AI
Round 2 - Technical 

(4 Questions)

  • Q1. Mostly on BGP Protocol
  • Q2. Difference between Packet Switching and Store and Forward Switching
  • Ans. 

    Packet switching involves breaking data into packets for transmission, while store and forward switching involves receiving the entire message before forwarding.

    • Packet switching breaks data into small packets for transmission, allowing for more efficient use of network resources.

    • Store and forward switching receives the entire message before forwarding it to the next destination, which can lead to delays.

    • Packet switchin...

  • Answered by AI
  • Q3. What are output errors
  • Ans. 

    Output errors are errors that occur when data is being sent out of a system or device.

    • Output errors can occur when there is a problem with the transmission of data from a device or system.

    • These errors can result in corrupted or incomplete data being sent to the intended recipient.

    • Examples of output errors include dropped packets in network communication or garbled text in printed documents.

  • Answered by AI
  • Q4. How to create IPSec Tunnel with CSR
  • Ans. 

    To create an IPSec Tunnel with CSR, you need to configure the necessary settings on both devices.

    • Configure the IPSec settings on the CSR device, including encryption algorithms, authentication methods, and pre-shared keys

    • Ensure that the CSR device has a public IP address and is reachable from the remote device

    • Configure the remote device with matching IPSec settings and establish the tunnel with the CSR device

  • Answered by AI

Skills evaluated in this interview

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about Trade life cycle?
  • Ans. 

    Trade life cycle refers to the stages involved in a trade from initiation to settlement.

    • Initiation: Trade is proposed and agreed upon by parties involved.

    • Execution: Trade is carried out as per agreed terms.

    • Confirmation: Parties confirm details of the trade.

    • Clearing: Trade details are matched and processed.

    • Settlement: Actual exchange of funds and securities takes place.

    • Post-trade processing: Reconciliation and reporting

  • Answered by AI
  • Q2. Tell me about Financial products?
  • Ans. 

    Financial products are instruments that help individuals and organizations manage their financial resources and achieve specific financial goals.

    • Financial products can include savings accounts, certificates of deposit, stocks, bonds, mutual funds, and insurance policies.

    • They are designed to provide a range of benefits such as capital appreciation, income generation, risk management, and wealth preservation.

    • Investors ca...

  • Answered by AI
Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Jun 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. How will you achieve target?
Round 2 - One-on-one 

(2 Questions)

  • Q1. How will you achieve your target?
  • Q2. What is your current role ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Govt feeling , No one is there to listen your problem.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

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

Round 1 - Technical 

(2 Questions)

  • Q1. Process based approach, Explaining about the Cycle of Tech ( Asset Management )
  • Q2. Previous Company Projects

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, Dont worry if you dont know anything. just tell you can learn about it.

Quantitative Trading Intern Interview Questions & Answers

Optiver user image Anonymous

posted on 12 Aug 2024

Interview experience
1
Bad
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Job Portal and was interviewed in Jul 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

The typical assessment with 80 8, probability questions, cognitive ability test, and behavioral questions.

Round 2 - Technical 

(1 Question)

  • Q1. Optiver Optinomicon

Fortune Financial Services Interview FAQs

How to prepare for Fortune Financial Services 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 Fortune Financial Services. The most common topics and skills that interviewers at Fortune Financial Services expect are Business Development, Customer Profiling, Digital Marketing, Excel and Financial Statements.

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Fortune Financial Services Reviews and Ratings

based on 21 reviews

4.5/5

Rating in categories

4.3

Skill development

4.0

Work-Life balance

4.2

Salary & Benefits

4.3

Job Security

4.2

Company culture

4.5

Promotions/Appraisal

4.4

Work Satisfaction

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