Futures First info Services Interview Questions, Process, and Tips

General Tips: If you are serious about the company, start following the markets, if possible do some online trading. Take up the Financial Engineering course offered by the Industrial Engineering Department in the Autumn Semester. Read the first chapter of John Hull Book thoroughly the night before the interviews.
Start preparing for the Quant questions early on, as they will not be easy. Also, to clear the first round of test, you need pretty decent Arithmetic skills, so start practicing some quick methods to solve multiplication problems.
Also, Futures First will start an online game called "Trade Moghul" sometime in August, so if you play that game and be in the Top 500 countrywide, you directly get an Interview call, basically you skip the first two tests and sit for the interviews directly.
However, be cautious, they come prepared with the record of all your transactions in the game, and will ask you about your strategies used to play the game.
Last piece of advice : the job is very demanding with the work timings being 11 AM to 10 PM and also extremely risky. The rate of firing of the company is pretty high, with less than 50 % of recruits making it to the second year of employment.
However the benefits moneywise are no doubt tremendous, with the Bonus package increasing exponentially each year.
So if you think you want to enter this competitive sector, only then sit for the interviews, otherwise, pursue a career someplace safe.
Skills: Quantitative ability, Mathematical aptitude, Ability to take stress
College Name: IIT KHARAGPUR

Round: Test
Experience: Questions based on simple math were asked.
Duration: 5 minutes
Total Questions: 30

Round: Test
Experience: CAT type questions were asked.
Duration: 15 minutes

Round: Interview
Experience: There were two rounds to the interview. Resume based and simple math questions were asked.

General Tips: In ascending order importance, for getting shortlisted:1) PoRs2) Extra, co-curricular activities3) Projects4) Technical Skills example coding etc.5) Academic Achievements6) Internships7) CGPA
College Name: IIT MADRAS

Round: Resume Shortlist
Experience: Selection or shortlisting criteria is based on performance in the overall selection process. Not specific about the resume.

Round: Test
Duration: 5 minutes
Total Questions: 30

Round: Interview
Experience: Main topic covered : Personal details and immediate responses.

General Tips: Practice aptitude and logical reasoning
Solve puzzles but do remember the written tests are only for filtering.
Quick and convincing responses are appropriate in the HR round.



The importance in getting selected (in ascending order) : Extra, co-curricular activities ,Technical Skills example coding etc. ,Acadamic Achievements, PoRs, Projects, Internships, CGPA
Skill Tips: Practice aptitude and logical reasoning. Solve puzzles but do remember the written tests are only for filtering. Quick and convincing responses are appropriate in the HR round.
College Name: IIT MADRAS

Round: Test
Experience: Basic Mathematics questions testing speed and accuracy.
Duration: 6 minutes
Total Questions: 40

Round: Test
Experience: CAT type questions, each question had some trick.
Tips: Prepare for CAT.
Duration: 30 minutes
Total Questions: 35

Round: Technical Interview
Experience: It was 20-25 minute round. 3-4 general puzzles were given. Questions about current affairs in the finance sector were asked.

College Name: IIT KANPUR

Round: Test
Experience: I did well in speed matth part but i felt I could have done better in analytical aptitude. They have questions like od man out in picture format which i didn't expect.
Tips: Practice speed math 1 day before. You can get some tests online (just google). There are cutoffs for each section, so dont neglect any section.
Ideal time - Speed math 5-7 min
aptitude 20-25 min
Duration: 30 minutes
Total Questions: 50

Round: Trade moghul usly(online simulation of trading)
Experience: We were asked to take part in trade moghul, Company's trading competition for one week on a crude oil. I have started playing it as it is part of selection process but later i have enjoyed it and took part for almost 6-7 hrs a day.
Tips: Just enjoy making profit or loss. The values will be real time but money is not. So play for fun. They take it seriously. They dont mind if you make profit or loss. They jus want to check your patience.

Round: Interview
Experience: I have had 4 rounds of interview. First one is rapid round. In this they will ask you questions very fast that you cannot settle and make up your mind and then answer. They ask even normal stuff like capitals of countries, Presidents of countries and some speed math which you have to answer instantly
2-4 rounds: These 3 rounds are stress rounds where they say you are useless and will not have a career if you join this company and they say you are not good at this and that and try to put you in pressure. In pressure they test how your mind works and how smart you think. For example they ask you to see around in room then change topic and ask you to close eyes and ask how many switches are there in room. They give you some situation and will test you how you behave in those conditions. We all know that no interviewer ,how bad the interview is ,will not say you are not good and will not say you will be a failure. So for all the words they say I was just saying to myself that they are just trying to make me feel the pressure and I have also started to enjoy with them. I would definitely say that this was my most enjoyed interview.
Tips: Just be yourself. Dont act and keep saying to yourself that they are just saying bad things to make you feel the pressure. Play trade moghul as it reflects your intrest in trading

General Tips: Be cool. They are not here to test your english ability. They need people with good math skill and who works under pressure
Skills: Speed Math
College Name: IIT MADRAS
Motivation: Individual performance is directly proportional to the bonus you get.

Round: Resume Shortlist
Experience: CGPA cutoff

Round: Test
Experience: Type : Written
Tips: The first test needs no special material to prepare. You need to be quick in solving the simple mathematical problems. There is no negative marking in this test.
Duration: Duration : 5 min + 30 min minute

Round: Interview
Experience: There was no HR round as such. But we were given a sheet to fill, containing all HR questions, prior to the personal interviews. There were interview questions based on the answers I gave in this sheet.

Round: Interview
Experience: Both the interviews were Stress Interviews. There was not much of a difference in the two rounds. I had guesstimates, in both rounds. There was also a small session of Quant questions.
Tips: I have got a lot of interview fundaes from seniors and also saw many videos regarding it.

General Tips: Even if you are aspiring for one among the core or the non-core job, you need to have basic fundaes regarding the other. You never know, where you gonna end up.
Skill Tips: I prepared for CAT which helped me get better at quant and DI. I studied GATE book for core preparation. There was no preparation for non-core in particular. I went through the basics of trading (required for FUTURES FIRST) just 2 days before the interview.
College Name: IIT MADRAS