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Iha Consulting Services Interview Questions and Answers

Updated 12 Jan 2023

Iha Consulting Services Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jul 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. 1.Finance basic questions like golden rule. Direct tax índirect tax? 2.Contra entry and depreciation? Some journals entry etc BRS statement of accounting
  • Q2. Basic accounting depreciation journal entries

Interview Preparation Tips

Interview preparation tips for other job seekers - Do Good with confidence and must be geniu answers
Communication must be fluent

Financial Analyst Interview Questions asked at other Companies

Q1. Suppose you have 10000 US dollars with you, out of which you took a loan of 5000 US Dollars. Now suppose you have purchased two assets of 5000 US Dollars each, one through cash and other through bank loan. How would you show this transactio... read more
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Interview questions from similar companies

I applied via Referral and was interviewed before Mar 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. What is your aspiration
  • Ans. To make a difference in the world
  • Answered Anonymously

Interview Preparation Tips

Topics to prepare for Illumine Knowledge Resources Senior Associate interview:
  • Self reflection
Interview preparation tips for other job seekers - Be yourself. A genuine fit is most critical - here and everywhere..
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Jan 2025.

Round 1 - Technical 

(5 Questions)

  • Q1. Tell me about urself and the projects you worked on?
  • Ans. 

    I am a business analyst with experience in data analysis, process improvement, and project management.

    • Led a team in implementing a new CRM system to improve customer relationship management

    • Conducted data analysis to identify cost-saving opportunities in supply chain operations

    • Collaborated with stakeholders to develop and implement a new pricing strategy for a product line

  • Answered by AI
  • Q2. Powerbi questions
  • Q3. What are the key KPI's ?
  • Ans. 

    Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving key business objectives.

    • KPIs should be specific, measurable, achievable, relevant, and time-bound (SMART)

    • Examples of KPIs include revenue growth rate, customer retention rate, conversion rate, and average order value

    • KPIs help businesses track progress towards their goals and make informed decisions based on d

  • Answered by AI
  • Q4. What do you think, what make the company effective?
  • Ans. 

    An effective company is one that has strong leadership, clear goals, efficient processes, and a positive company culture.

    • Strong leadership that sets clear direction and motivates employees

    • Clear goals and objectives that are communicated to all employees

    • Efficient processes and workflows that minimize waste and maximize productivity

    • Positive company culture that fosters collaboration, innovation, and employee satisfaction

  • Answered by AI
  • Q5. If you have a company or you are working as a BA for a company what would do to make the company ahead of competition?
  • Ans. 

    To make a company ahead of competition, I would focus on market research, innovation, customer satisfaction, and continuous improvement.

    • Conduct thorough market research to identify trends and opportunities

    • Encourage innovation within the company to stay ahead of competitors

    • Prioritize customer satisfaction to build loyalty and attract new customers

    • Implement continuous improvement processes to enhance efficiency and quali...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - First Hr ask some questions like the project worked on and introduce to the job role. Interviewer would late ask some questions based on the role, explain about the company. Nothing to fear just be yourself and answer, genuineness would be rewarding.

I applied via LinkedIn and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. When was the last time you convinced your team to do something?
  • Q2. What is your core value? When did you last display it visibly?
  • Ans. 

    My core value is integrity. I displayed it visibly last week when I admitted my mistake to my team and took responsibility for it.

    • Integrity is important to me because it builds trust and credibility.

    • I always strive to be honest and transparent in my actions and decisions.

    • Last week, I made a mistake in a project and instead of trying to cover it up, I admitted it to my team and took responsibility for it.

    • I believe that ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It's a conversation, where the Illumine team will try to get to know you, while you get to know a set of amazing individuals, working with a devout purpose. It's a journey of discovery, where you discover yourself.

I applied via Campus Placement

Round 1 - HR 

(2 Questions)

  • Q1. Basic HR round tell me about yourself
  • Q2. Willing to travel or no
  • Ans. 

    Yes, I am willing to travel for work.

    • I am open to traveling both domestically and internationally.

    • I have experience traveling for work in my previous roles.

    • I understand the importance of being flexible and adaptable while traveling.

    • I am willing to make necessary arrangements to ensure a smooth travel experience.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare for case study rounds. Works with Banks and FIs majorly
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 - Technical 

(2 Questions)

  • Q1. What is lean manufacturing ?
  • Ans. 

    Lean manufacturing is a systematic approach to identifying and eliminating waste in the production process.

    • Focuses on continuous improvement and waste reduction

    • Involves all employees in the process

    • Uses tools such as value stream mapping and 5S

    • Examples include Toyota Production System and Kaizen

  • Answered by AI
  • Q2. What is OEE and productivity?
  • Ans. 

    OEE stands for Overall Equipment Effectiveness and productivity refers to the efficiency of a process or system.

    • OEE is a metric used to measure the performance of manufacturing equipment.

    • It takes into account three factors: availability, performance, and quality.

    • Productivity is a measure of how efficiently resources are used to produce goods or services.

    • It can be calculated by dividing output by input.

    • Improving OEE and...

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. What is your last CTC?

Interview Preparation Tips

Interview preparation tips for other job seekers - Please read at least all fundamentals of industrial engineering ang management.

Especially lean six sigma.
Interview experience
4
Good
Difficulty level
Hard
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Dec 2022. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Resume review and questions according to correlation with gemba Concepts
  • Q2. Technical knowledge & Certificate related verification on call by asking technical knowledge
Round 3 - Technical 

(3 Questions)

  • Q1. Lean Technique & uses in real life
  • Ans. 

    Lean techniques focus on eliminating waste and improving efficiency in processes.

    • Lean techniques involve identifying and eliminating waste in processes to improve efficiency.

    • Uses in real life include implementing just-in-time inventory systems, reducing lead times, and streamlining production processes.

    • Lean techniques can also be applied in service industries to improve customer satisfaction and reduce costs.

    • Examples i...

  • Answered by AI
  • Q2. Six Sigma & black lean uses with reason
  • Ans. 

    Six Sigma and Lean Black Belt methodologies are used in consulting to improve processes and reduce waste.

    • Six Sigma focuses on reducing defects and variation in processes

    • Lean Black Belt focuses on eliminating waste and improving efficiency

    • Combining both methodologies can lead to significant improvements in quality and productivity

    • Examples of using Six Sigma and Lean Black Belt in consulting include streamlining supply c...

  • Answered by AI
  • Q3. Technical verification from core field
Round 4 - Technical 

(2 Questions)

  • Q1. Project management & use of tools techniques
  • Ans. 

    Project management involves planning, organizing, and executing projects using tools and techniques to achieve specific goals.

    • Project management tools like Gantt charts, Kanban boards, and project management software help in planning and tracking progress.

    • Techniques such as Agile, Waterfall, and Scrum methodologies are used to manage projects efficiently.

    • Effective communication, risk management, and stakeholder engagem...

  • Answered by AI
  • Q2. Implementation based on experience & result came from it
Round 5 - HR 

(2 Questions)

  • Q1. Salary negotiation based on interview
  • Q2. Document & verification of availability

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare lean & six Sigma tools thoroughly
Ready for cross questions of each answer
Don't lie on any skill they are experts in their domain

I applied via Naukri.com and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. What is takt Time and how it is used
  • Ans. 

    Takt time is the rate at which a product must be produced to meet customer demand.

    • Takt time is calculated by dividing available production time by customer demand.

    • It helps in determining the pace of production to meet customer demand.

    • It is used in Lean manufacturing to eliminate waste and improve efficiency.

    • For example, if a company has 480 minutes of production time and customer demand is 240 units, the takt time woul...

  • Answered by AI
  • Q2. Question related to time study
  • Q3. Types of waste
  • Ans. 

    Types of waste include overproduction, waiting, defects, excess processing, excess inventory, unnecessary motion, and unused talent.

    • Overproduction: producing more than what is needed

    • Waiting: idle time due to lack of materials, information, or equipment

    • Defects: errors or mistakes that require rework or scrap

    • Excess processing: using more resources than necessary to complete a task

    • Excess inventory: having more inventory t...

  • Answered by AI
  • Q4. Question related to oee
  • Q5. Question related to line balancing

Interview Preparation Tips

Interview preparation tips for other job seekers - It's easy to crack just be confident.
Moat of the questions are related to time study, line balancing, takt Time and excel

I appeared for an interview in Jan 2017.

Interview Questionnaire 

2 Questions

  • Q1. View point on emerging technologies
  • Ans. 

    Emerging technologies are constantly shaping the future and have the potential to revolutionize industries.

    • Emerging technologies refer to new and innovative technologies that are in the early stages of development and adoption.

    • These technologies have the potential to disrupt traditional industries and create new opportunities.

    • Examples of emerging technologies include artificial intelligence, blockchain, virtual reality...

  • Answered by AI
  • Q2. How would you profile a company
  • Ans. 

    Profiling a company involves analyzing its financial performance, market position, industry trends, and competitive landscape.

    • Analyze financial statements to assess revenue, profit margins, and debt levels.

    • Evaluate market position by looking at market share, customer base, and growth potential.

    • Research industry trends to understand the company's position within the market.

    • Assess the competitive landscape by analyzing c...

  • Answered by AI

Interview Preparation Tips

Round: Technical Interview
Experience: Had to describe my understanding of smart contracts, block chain and murex
Tips: Be generally aware of things happening in technology space

Round: Behavioural Interview
Experience: Had to describe steps to profile a company

Round: Test
Experience: 4 days for detailed profile of Murex

I applied via Naukri.com and was interviewed before Aug 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Asked questions regarding the research field and some technical question
Round 3 - Assignment 

Research on the automotive field

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for the write-up more technical questions

Iha Consulting Services Interview FAQs

How many rounds are there in Iha Consulting Services interview?
Iha Consulting Services interview process usually has 2 rounds. The most common rounds in the Iha Consulting Services interview process are Resume Shortlist and One-on-one Round.
How to prepare for Iha Consulting 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 Iha Consulting Services. The most common topics and skills that interviewers at Iha Consulting Services expect are Training, Government Liaison, Revenue, Business Partnering and Data Analytics.
What are the top questions asked in Iha Consulting Services interview?

Some of the top questions asked at the Iha Consulting Services interview -

  1. 1.Finance basic questions like golden rule. Direct tax índirect tax? 2.Contra ...read more
  2. Basic accounting depreciation journal entr...read more

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Iha Consulting Services Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Iha Consulting Services Reviews and Ratings

based on 6 reviews

4.5/5

Rating in categories

4.6

Skill development

4.4

Work-life balance

3.6

Salary

4.3

Job security

4.2

Company culture

4.1

Promotions

4.1

Work satisfaction

Explore 6 Reviews and Ratings
Business Associates

Bhopal,

Hyderabad / Secunderabad

+1

1-3 Yrs

Not Disclosed

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