IBS Software Services Associate Business Consultant Interview Questions and Answers

Q1. Study about the banking. Specifically lending domain. Questions around Repayment schedule of a loan. Some situational questions.
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This was an online test, not sure on what basis they have kept the test, it is purely useless, the test which they have given me was of 2020 which is 3-4 years old, this shows how the company is not attentive to detail.

Q1. It was a virtual interview,this was a good round, where the senior had taken the interview, questions were on Business Analyst, your previous experience, some scenario based questions, SQL related question...read more
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Q1. This was F2F round(panel interview), the interviewer was not sure there was a interview scheduled today, questions were based on my past experience some SQL questions and some scenario based questions (the...read more
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Which is important? Money or passion.

Q1. What is INVEST Criteria
Ans. 
INVEST Criteria is a set of guidelines used to evaluate user stories in Agile development.
• INVEST stands for Independent, Negotiable, Valuable, Estimable, Small, and Testable

• It helps ensure that user stories are well-defined and ready for implementation

• For example, a user story that is too large to be completed in a single sprint would not meet the 'Small' criteria
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Q1. Reak World Use Case
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Q1. Tell me about yourself
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Q1. What is technical knowledge you have?
Ans. 
I have technical knowledge in data analysis, SQL, business intelligence tools, and process improvement.
• Proficient in data analysis techniques and tools

• Strong understanding of SQL for querying databases

• Experience with business intelligence tools like Tableau or Power BI

• Skilled in process improvement methodologies like Six Sigma
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Q2. What are the Programming langauge you have known?
Ans. 
I am proficient in programming languages such as SQL, Python, and R.
• SQL

• Python

• R
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Q1. What are the Banking projects you worked on?
Ans. 
I have worked on various banking projects including digital transformation, risk management, and customer experience enhancement.
• Implemented a digital banking platform to improve customer experience

• Developed risk management systems to monitor and mitigate financial risks

• Led projects to enhance online banking security measures

• Collaborated with cross-functional teams to implement new payment processing systems
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Q2. What are the software methodologies you worked on.
Ans. 
I have experience working with Agile, Scrum, Waterfall, and Lean methodologies.
• Agile methodology focuses on iterative development and collaboration.

• Scrum is a framework for managing work on complex projects.

• Waterfall methodology follows a linear sequential flow.

• Lean methodology focuses on maximizing customer value while minimizing waste.
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Q1. Salary Expectation and previous salary
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Basic Aptitude questions

Sql language related questions

Q1. About projects implemented
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Q2. Tell me about yous
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