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IDFC FIRST Bank Data Science Lead Interview Questions and Answers

Updated 11 Dec 2024

IDFC FIRST Bank Data Science Lead Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Nov 2024. There were 4 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Can you describe your current roles and responsibilities?
  • Ans. 

    I am currently responsible for leading a team of data scientists, developing and implementing data-driven strategies, and ensuring the quality and accuracy of data analysis.

    • Leading a team of data scientists

    • Developing and implementing data-driven strategies

    • Ensuring quality and accuracy of data analysis

  • Answered by AI
  • Q2. What are the technical details of one of your projects?
  • Ans. 

    Developed a predictive model for customer churn using machine learning algorithms.

    • Used Python for data preprocessing and model building

    • Applied techniques like feature engineering and hyperparameter tuning

    • Evaluated model performance using metrics like accuracy, precision, and recall

  • Answered by AI
Round 2 - Technical 

(2 Questions)

  • Q1. What is the loss function used in XGBoost?
  • Ans. 

    The loss function used in XGBoost is typically the gradient boosting algorithm.

    • XGBoost uses the gradient boosting algorithm to minimize the loss function

    • Common loss functions include regression loss functions like squared error and logistic loss for classification

    • Users can also define custom loss functions in XGBoost

  • Answered by AI
  • Q2. Logical puzzle question
Round 3 - One-on-one 

(3 Questions)

  • Q1. What are your professional aspirations?
  • Ans. 

    My professional aspiration is to lead a team of data scientists to drive impactful insights and innovations.

    • Lead a team of data scientists to tackle complex problems

    • Drive impactful insights and innovations through data analysis

    • Continuously learn and stay updated on the latest trends in data science

    • Collaborate with cross-functional teams to implement data-driven solutions

  • Answered by AI
  • Q2. Puzzle question
  • Q3. Mathematical series question
Round 4 - HR 

(3 Questions)

  • Q1. What is the reason for leaving your current organization?
  • Ans. 

    Seeking new challenges and growth opportunities in a more innovative environment.

    • Desire for new challenges and growth opportunities

    • Seeking a more innovative work environment

    • Looking to expand skill set and knowledge in data science

  • Answered by AI
  • Q2. What are your reasons for wanting to join IDFC?
  • Ans. 

    I am excited about the opportunity to contribute my data science skills to IDFC's innovative projects and make a meaningful impact.

    • Excited about contributing data science skills to innovative projects at IDFC

    • Opportunity to make a meaningful impact through data-driven solutions

    • Interested in working with a reputable organization like IDFC

  • Answered by AI
  • Q3. What are your strengths and weaknesses?
  • Ans. 

    My strengths include strong analytical skills and attention to detail. My weaknesses include a tendency to overthink and difficulty delegating tasks.

    • Strengths: strong analytical skills

    • Strengths: attention to detail

    • Weaknesses: tendency to overthink

    • Weaknesses: difficulty delegating tasks

  • Answered by AI

Interview questions from similar companies

I applied via Walk-in and was interviewed in Apr 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. About your self

Interview Preparation Tips

Interview preparation tips for other job seekers - please select my profile

I applied via Referral and was interviewed before Jun 2021. There were 3 interview rounds.

Round 1 - Coding Test 

SQL server

Round 2 - Coding Test 

SQL DBA

Round 3 - HR 

(1 Question)

  • Q1. Salary discussed, Appts test

Interview Preparation Tips

Interview preparation tips for other job seekers - All the best... be prepared question

I appeared for an interview before Sep 2019.

Interview Questionnaire 

8 Questions

  • Q1. 1 tell me about your self?
  • Q2. Why you want work at this company?
  • Q3. Why should I hire you?
  • Q4. If you are experience person----why are you looking for a job company change?
  • Q5. What are your salary requirements?
  • Q6. What is your ambition?
  • Q7. How could be you contribute to our company if you're selected?
  • Q8. Finally do you have any questions to ask me

Interview Preparation Tips

Interview preparation tips for other job seekers - * Research the industry and company
* Clarify your are selling points ex:-(good
communication skills)
* And reason you the job
* Prepare for common interview questions
* Practice---practice---practice and be confident
At the time of interview time.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. SQL Basics and Good Communication
  • Q2. Structured Profile Summary

Interview Preparation Tips

Interview preparation tips for other job seekers - My teams is focus on SQL server and referral works there
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed before Oct 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Do not use an unprofessional email address such as cool_boy@email.com. It shows a lack of professionalism by the candidate.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. Asked about the projects from the resume. It was based on Python. The project was stock prediction using ml. They mainly asked about the concepts used. And they also asked the equations related to data sci...
Round 3 - HR 

(1 Question)

  • Q1. I didn't qualified for this round

Interview Preparation Tips

Interview preparation tips for other job seekers - revise datascience course throughly and go through your resume projects
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Nov 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

It consists of resume-based skill questions.

Round 2 - HR 

(2 Questions)

  • Q1. Why do you want to join ICICI Bank?
  • Ans. 

    I want to join ICICI Bank because of its strong reputation in the banking industry and the opportunities for growth and development it offers.

    • ICICI Bank is one of the leading banks in India with a strong reputation for innovation and customer service

    • I am impressed by ICICI Bank's focus on technology and digital banking solutions

    • I believe that working at ICICI Bank will provide me with opportunities for career growth an...

  • Answered by AI
  • Q2. Can you tell me about your projects?
  • Ans. 

    I have worked on projects involving data analysis for marketing campaigns, customer segmentation, and sales forecasting.

    • Developed predictive models to optimize marketing strategies

    • Utilized clustering techniques for customer segmentation

    • Built time series models for sales forecasting

  • Answered by AI
Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
-

I applied via LinkedIn and was interviewed in Nov 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Pandas and SQL questions and some business case

Round 3 - One-on-one 

(2 Questions)

  • Q1. The head of the vertical took interview, explained role and asked about my experience.
  • Q2. What project did you work on?
Round 4 - Technical 

(3 Questions)

  • Q1. A senior data scientist asked technical questions on my experience.
  • Q2. What is the advantage or lstm over rnn.
  • Ans. 

    LSTM has better memory retention than RNN.

    • LSTM can remember long-term dependencies better than RNN.

    • LSTM has a gating mechanism that controls the flow of information.

    • LSTM can handle vanishing gradient problem better than RNN.

    • LSTM is more suitable for tasks that require long-term memory, such as speech recognition and language translation.

  • Answered by AI
  • Q3. What is multicollinearity and what are its effects?
  • Ans. 

    Multicollinearity is a phenomenon where two or more independent variables in a regression model are highly correlated.

    • It can lead to unstable and unreliable estimates of regression coefficients.

    • It can make it difficult to determine the individual effect of each independent variable on the dependent variable.

    • It can also result in inflated standard errors and p-values, making it difficult to identify statistically signif...

  • Answered by AI

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. What is indexing
  • Ans. 

    Indexing is a technique used to optimize the performance of databases by creating a data structure that allows for quick retrieval of data.

    • Indexing involves creating a data structure that maps the values of a particular column in a database table to their physical storage locations on disk.

    • It helps in speeding up data retrieval operations by allowing the database to quickly locate the rows that satisfy a certain condit...

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Questions mainly involved window function, recursion, some puzzels

IDFC FIRST Bank Interview FAQs

How many rounds are there in IDFC FIRST Bank Data Science Lead interview?
IDFC FIRST Bank interview process usually has 4 rounds. The most common rounds in the IDFC FIRST Bank interview process are One-on-one Round, HR and Technical.
What are the top questions asked in IDFC FIRST Bank Data Science Lead interview?

Some of the top questions asked at the IDFC FIRST Bank Data Science Lead interview -

  1. What is the loss function used in XGBoo...read more
  2. Logical puzzle quest...read more
  3. Mathematical series quest...read more

Tell us how to improve this page.

IDFC FIRST Bank Data Science Lead Interview Process

based on 1 interview

Interview experience

4
  
Good
View more
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