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FSG Consultant Interview Questions and Answers

Updated 22 Nov 2024

FSG Consultant Interview Experiences

1 interview found

Consultant Interview Questions & Answers

user image Anonymous

posted on 22 Nov 2024

Interview experience
4
Good
Difficulty level
Hard
Process Duration
-
Result
Not Selected
Round 1 - Technical 

(3 Questions)

  • Q1. Deep dive into CV
  • Q2. Case study that went for 1 hour, try doing impact consulting case studies
  • Q3. Why FSG? and why this role
Round 2 - Technical 

(3 Questions)

  • Q1. Deep dive in CV
  • Ans. 

    Discussing in detail the experiences and achievements listed on the CV.

    • Provide specific examples of projects or accomplishments mentioned on the CV

    • Explain the impact of each experience on your professional growth

    • Discuss any challenges faced and how they were overcome

    • Highlight any skills or expertise gained from each role

  • Answered by AI
  • Q2. Cultural Fit interview, if you are interested in impact consulting or not
  • Q3. Direct interview with MD
Round 3 - Assignment 

Asked to showcase PPT on any of case you have worked on

Interview Preparation Tips

Interview preparation tips for other job seekers - Apply only if you are serious about impact consulting, FSG takes it very seriously

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Feb 2024.

Round 1 - One-on-one 

(6 Questions)

  • Q1. IPE validation approach
  • Q2. Risk & control related to any major process such as R2R P2P O2C
  • Q3. MJE validation prcess
  • Q4. Why Genpact
  • Q5. RCM structure
  • Q6. Qstn related to major observation during past audits

I applied via Recruitment Consultant and was interviewed in Apr 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Top 5 risks in P2P, top 5 observation, work experience, Any ne recommendation which is done by us, general questions on SOX and documentation
  • Ans. 

    Answering top 5 risks and observations in P2P, work experience, SOX and documentation

    • Top 5 risks in P2P include fraud, errors in data entry, lack of control over supplier data, non-compliance with regulations, and cyber threats

    • Top 5 observations in P2P include the need for automation, better supplier management, improved data analytics, enhanced controls, and increased transparency

    • Work experience includes implementing ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I was interviewed by Senior Manager and AVP both of them was manageble

Interview Preparation Tips

Round: Resume Shortlist
Experience: I started preparing my resume somewhere around August end. I spoke to a few seniors about it and read quite a few resumes, especially of those seniors who either had a profile similar to mine or had secured jobs in fields of my interest, eg. Consulting, finance, etc. I also attended the Resume Writing Workshop conducted by McKinsey and Co. on campus and cleared a few doubts there.
Tips: I would advise you guys to start preparing your resumes well in advance, it is not something to be kept for the last minute. Being the first form of acquaintance between you and a firm, it is a highly important document and the way you highlight your strong points and attributes can go a long way in shortlisting you from amongst the hundreds of resumes that they have to scan. Also, it is important that you be able to speak on any point in your resume in detail, hence you must be sure of what you are writing in it.

Round: Case Study Interview
Experience: The procedure of selection for Opera Solutions was a set of 4 interviews, each having a case study and some HR questions. The initial shortlist had around 22 candidates, after the first 2 interviews around 10 candidates were selected for the final rounds. Finally 3 candidates were made offers.  There were no GDs, only case interviews. The first interview had a case involving a music company which scouts for amateur talent and launches them. They want to enter India and want you to analyse the market and suggest if its feasible or not. The interviewer gave a lot of data related to market share of pop music, bollywood, devotional music, etc and it suggested that the market share of the genre related to the company is very little. However I think what worked best was that I also pointed out certain solutions which could make it feasible, such as merging with another company in a genre where the given company has core competencies in. I think this was the high point of the interview which I atleast would like to believe compensated for a later interview that I did not do well in. Another interview had a case where a pharmaceutical company in the US wants to enter India. A set of constraints and data was given and I was asked to calculate if it should actually setup a manufacturing facility in India or manufacture in the US and transport to India. I did not do well in this one, I wasn’t being able to come up with a figure. Both the interviews had an HR component where I was asked about my strengths and weaknesses, about Mood Indigo and my academic record. I was asked to describe myself. I was also asked to talk about my co-intern’s project in ITC (she was also interviewing with Opera). In a subsequent interview after the shortlist, I was asked to estimate the market for Maruti cars, domestic air travel. They weren't expecting too much detail, the interviewer was more interested in the approach. point.
Tips: I attended most of the initial PPTs. One does get a good understanding of what a firm does and where exactly do you fit into it, you also understand what they are looking for and what is the extent of their operations. I must admit though that I found my interaction with seniors, especially those working in those firms was more informative and fruitful. They can give clarity in certain grey areas that companies might stay non-committal on.ending across links/documents would help us compile a single point resource) . I prepared for case studies from the material I took from seniors, most of which is available on the LAN. For case studies I prepared with a friend and sometimes in groups of 3. I think this method is better than individual preparation because the other person can point out where you are going wrong, you get a different perspective and at the same time you can prepare in a fashion where one interviews the other and vice versa, so you get slightly comfortable with how an actual interview might feel like. It is however important to ensure that the person you are preparing with is competent and complementary to your skill sets, so that you can improve upon aspects where you might be lacking in.

General Tips: Case studies and HR questions. One should be very comfortable with points mentioned in the resume and should be able to talk at length about any . I guess it'd just be shifting a little from being myself if you know what I mean. A lot of seniors would give you a lot of fundae, but at the end one must remember that unless one is comfortable with a certain way of speaking or certain method of solving cases, it wont look genuine. For example, one need not thrash out every single detail of a case before beginning to solve it, sometimes the interviewer might get impatient or might think you are trying to buy time to think by asking unnecessary details. So if you are the kind of a person who can intuitively draw good conclusions at the outset so as to decide which direction to proceed in and hence which questions to ask, you can surely go ahead and do that, you need not also ask questions that you know are not required. Case interviews are very feel-good interviews, even if you make a mistake you will be guided back on track by the interviewer, hence I personally would recommend that you stick more to your general approach to solving cases (if you know it is a good one and works of course) and not try to change too much just because a certain senior did it in a different way.
College Name: IIT BOMBAY
Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Feb 2024.

Round 1 - One-on-one 

(6 Questions)

  • Q1. IPE validation approach
  • Q2. Risk & control related to any major process such as R2R P2P O2C
  • Q3. MJE validation prcess
  • Q4. Why Genpact
  • Q5. RCM structure
  • Q6. Qstn related to major observation during past audits
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. About skills and expertise
Round 2 - HR 

(1 Question)

  • Q1. Final discussion

I applied via Recruitment Consultant and was interviewed in Apr 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Top 5 risks in P2P, top 5 observation, work experience, Any ne recommendation which is done by us, general questions on SOX and documentation
  • Ans. 

    Answering top 5 risks and observations in P2P, work experience, SOX and documentation

    • Top 5 risks in P2P include fraud, errors in data entry, lack of control over supplier data, non-compliance with regulations, and cyber threats

    • Top 5 observations in P2P include the need for automation, better supplier management, improved data analytics, enhanced controls, and increased transparency

    • Work experience includes implementing ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I was interviewed by Senior Manager and AVP both of them was manageble

Interview Preparation Tips

Round: Resume Shortlist
Experience: I started preparing my resume somewhere around August end. I spoke to a few seniors about it and read quite a few resumes, especially of those seniors who either had a profile similar to mine or had secured jobs in fields of my interest, eg. Consulting, finance, etc. I also attended the Resume Writing Workshop conducted by McKinsey and Co. on campus and cleared a few doubts there.
Tips: I would advise you guys to start preparing your resumes well in advance, it is not something to be kept for the last minute. Being the first form of acquaintance between you and a firm, it is a highly important document and the way you highlight your strong points and attributes can go a long way in shortlisting you from amongst the hundreds of resumes that they have to scan. Also, it is important that you be able to speak on any point in your resume in detail, hence you must be sure of what you are writing in it.

Round: Case Study Interview
Experience: The procedure of selection for Opera Solutions was a set of 4 interviews, each having a case study and some HR questions. The initial shortlist had around 22 candidates, after the first 2 interviews around 10 candidates were selected for the final rounds. Finally 3 candidates were made offers.  There were no GDs, only case interviews. The first interview had a case involving a music company which scouts for amateur talent and launches them. They want to enter India and want you to analyse the market and suggest if its feasible or not. The interviewer gave a lot of data related to market share of pop music, bollywood, devotional music, etc and it suggested that the market share of the genre related to the company is very little. However I think what worked best was that I also pointed out certain solutions which could make it feasible, such as merging with another company in a genre where the given company has core competencies in. I think this was the high point of the interview which I atleast would like to believe compensated for a later interview that I did not do well in. Another interview had a case where a pharmaceutical company in the US wants to enter India. A set of constraints and data was given and I was asked to calculate if it should actually setup a manufacturing facility in India or manufacture in the US and transport to India. I did not do well in this one, I wasn’t being able to come up with a figure. Both the interviews had an HR component where I was asked about my strengths and weaknesses, about Mood Indigo and my academic record. I was asked to describe myself. I was also asked to talk about my co-intern’s project in ITC (she was also interviewing with Opera). In a subsequent interview after the shortlist, I was asked to estimate the market for Maruti cars, domestic air travel. They weren't expecting too much detail, the interviewer was more interested in the approach. point.
Tips: I attended most of the initial PPTs. One does get a good understanding of what a firm does and where exactly do you fit into it, you also understand what they are looking for and what is the extent of their operations. I must admit though that I found my interaction with seniors, especially those working in those firms was more informative and fruitful. They can give clarity in certain grey areas that companies might stay non-committal on.ending across links/documents would help us compile a single point resource) . I prepared for case studies from the material I took from seniors, most of which is available on the LAN. For case studies I prepared with a friend and sometimes in groups of 3. I think this method is better than individual preparation because the other person can point out where you are going wrong, you get a different perspective and at the same time you can prepare in a fashion where one interviews the other and vice versa, so you get slightly comfortable with how an actual interview might feel like. It is however important to ensure that the person you are preparing with is competent and complementary to your skill sets, so that you can improve upon aspects where you might be lacking in.

General Tips: Case studies and HR questions. One should be very comfortable with points mentioned in the resume and should be able to talk at length about any . I guess it'd just be shifting a little from being myself if you know what I mean. A lot of seniors would give you a lot of fundae, but at the end one must remember that unless one is comfortable with a certain way of speaking or certain method of solving cases, it wont look genuine. For example, one need not thrash out every single detail of a case before beginning to solve it, sometimes the interviewer might get impatient or might think you are trying to buy time to think by asking unnecessary details. So if you are the kind of a person who can intuitively draw good conclusions at the outset so as to decide which direction to proceed in and hence which questions to ask, you can surely go ahead and do that, you need not also ask questions that you know are not required. Case interviews are very feel-good interviews, even if you make a mistake you will be guided back on track by the interviewer, hence I personally would recommend that you stick more to your general approach to solving cases (if you know it is a good one and works of course) and not try to change too much just because a certain senior did it in a different way.
College Name: IIT BOMBAY

FSG Interview FAQs

How many rounds are there in FSG Consultant interview?
FSG interview process usually has 3 rounds. The most common rounds in the FSG interview process are Technical and Assignment.
What are the top questions asked in FSG Consultant interview?

Some of the top questions asked at the FSG Consultant interview -

  1. Deep dive in...read more
  2. case study that went for 1 hour, try doing impact consulting case stud...read more
  3. Direct interview with...read more

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FSG Consultant Interview Process

based on 1 interview

Interview experience

4
  
Good
View more

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