Insight Technical Consultant Interview Questions and Answers

Interview preparation tips for other job seekers - Focus more on the audits performed during the articleship.

Interview preparation tips for other job seekers - Know what Deloitte do via there site and various platforms

Interview preparation tips for other job seekers - Do not say unnecessary that you have not worked on.

Round: Test
Experience: Firstly, an online test was conducted (120 minutes duration) consisting of questions on Quantitative (30), Aptitude (30), Verbal (30) and Probability and Statistics (30). If you have prepared well, this won

Round: Resume Shortlist
Experience: All the applicants were asked to send in their resumes which were screened and candidates were shortlisted based on that for the next round
Tips: The resume should be prepared according to the profile one is applying for. It should present you as a person fit for the role by highlighting the relevant skill set and qualities one would look for in a consulting analyst e.g problem solving skills, abiity to work in a deadline oriented environment, etc.


Round: Test
Experience: The shortlisted candidates were given a topic about the relevance of the current education system and were allotted 15 minutes to think and submit a write up with their views on the topic.
Tips: One should be very crisp and articulate when penning down their thoughts on the subject. Since the time given was pretty short it should be utilised to not give a very vast background but instead focus on the main topic making very clear what your stand on the topic is. Further the views can be substantiated with certain real life instances.


Round: Technical Interview
Experience: I was asked to talk about the project I worked on in my internship. Since I had interned in a wealth management company I was further questioned about other investment options keeping in mind the current scenario and which mutual funds in India have consistently shown a good performance. After that, the interviewer gave me a situation wherein I had to determine whether it would be profitable to open an airport in Agra and cross questioned one the basis of my answers. Besides this, I was asked certain course related questions and the interview finally ended with some HR questions like reasons for joining the firm, my long term plans, etc.
Tips: A candidate should be confident about his answers. You should not uncertain in front of the interviewer. Moreover, one should not make the mistake of lying about any project or initiative because you can always be further questioned on that.

College Name: Shri Ram College Of Commerce [ SRCC ]

Round: Test
Experience: The candidate's hold over the english language was tested by asking him to write about his ambition over the course and some technical topic
Duration: 45 minutes
Total Questions: 2

Round: Technical Interview
Experience: The confidence of answering and the courage of admitting that i dont know the answer was tested

College Name: BMCC

Round: Case Study Interview
Experience: I had met interviewer on the night before during the company dinner organized by Deloitte. That helped to start the conversation. First he asked me to briefly go through my resume. I also mentioned about things which were not mentioned in the resume. It really helped that I prepared in advance and listed down a few things which needed to be mentioned during the interview. Interviewer picked upfrom there and asked me why I chose Marketing and Finance specialization. He also asked some questions related to my past work experience. All in all nothing surprising then he asked me question which
I did not prepare for. He asked me what I think of issues related to formation of new states such as Telangana. I quickly gathered my thoughts and gave my rationale. Overall I was satisfied with my answer but in the hindsight I should have prepared for this question as this was one of the most talked about issues in the media. And when I thought interview was almost over interviewer asked me to solve a small guesstimate which was to calculate the number of shoes sold in Hyderabad in a year. I gave him couple of methods to approach the problem. He suggested using either one of them and coming up with the final number. I chose one of the methods and told him the final answers. All this while I have been talking with him about my assumptions and why I was solving problem in that particular way. Interviewer questioned one of my assumptions and helped me in making corrections. In the end, he
seemed to be satisfied with the approach and I was relieved that firstinterview of my day went fine.

I was prepared for most of the questions. All these were mentioned in the interview guides distributed by Consulting club and other alums.

I should have been more prepared about popular media issues.
Tips: Always attend networking events. I am sure everyone would say this but importance of such events can’t be emphasized enough. Practice PI questions by writing them; it worked for me at least. It helped me be clearer about the answer which is important when you are cross-questioned in the interview.


Round: Case Study Interview
Experience: I was asked to figure out how a European pharmaceutical company should go about launching beauty products. This company may launch new beauty products by making small changes in existing health products. New management wanted to double the revenue in 5 years. I was given a lot of matrices and charts, showing market sizes and growth rates of various markets such as North America, Europe and emerging markets. Based on data and other qualitative judgments, I suggested going to European markets. I used hybrid of multiple frameworks such as new product introduction, market entry etc. to come up with a framework for solving the case. After number crunching we reached to the conclusion that this new beauty product market won’t be sufficient for
the firm to double its revenue. Hence firm must increase market share inits existing pharmaceutical market. I used 2X2 matrix with new products, old products on Y axis and new customers, old customers on X axis. After probing, I realized that bottleneck in firm’s business was their business model. Firm used to buy patents from other small firms and use its manufacturing capabilities and extensive distribution network to sell the product. After number crunching I suggested the approach involving developing its own R&D capabilities and better incentivizing the distribution network. Also used share of voice*share of mind*share of
distribution framework to give my recommendations. At this stage interviewer asked me if I had solved the case before because I had touched upon all the aspects of the case I was pleased to see that case round went well and I came out relieved. Later one of the alums asked me to wait. He went inside and discussed with my interview panel. He came out in 10 mins and asked me if I had
other offers. I was damn pleased to hear that and got the sense that my interview went really well.

Framework which I came up with was exhaustive, kept communicating while solving the case. Even when I was stuck, I re-iterated my approach and showed the logical progression. Sometime, we get so involved in thinking especially when too much data is thrown at us that we do not communicate our approach. It is very important even to justify why you are asking any particular question. If you have shared your approach with the interviewer then it becomes easier. See the whole case interview as a mutual problem solving exercise where interviewer is also part of it.

Could have done calculation little faster. Small tricks of multiplications would have certainly helped.

Be flexible in using frameworks. Sometimes you may need to use multiple of them in the same case so one needs to internalize them. Importance of solving sufficient number of cases cannot be emphasized enough.




Skills:
College Name: Indian School Of Business (ISB)

Round: Case Study Interview
Experience: Thinking aloud for the questions.
Tips: It’s ok not to give precise answers, just think aloud and you should be ok.

Round: Case Study Interview
Experience: Pharma company currently in Generics. Want to explore other options. Details of Market size, share, competition given. Draw inferences and support your logic.

Kept cool head. Supported by inferences well with numbers. Talked loudly and kept focus on the problem at hand.

Missed out on some information I was given earlier.

Tips: A) Keep track of all the information you have.
B) It is ok to change your recommendation, in light of new information.


Skills:
College Name: Indian School Of Business (ISB)