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IQ Business Interview Questions and Answers

Updated 3 Jan 2025

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2 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Jan 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What abilities and tools do you utilize in your work?
  • Ans. 

    I utilize a combination of analytical abilities and various tools such as data analysis software and project management tools in my work as a Principal Consultant.

    • Analytical abilities to assess complex problems and develop effective solutions

    • Proficiency in data analysis software to interpret and present data insights

    • Project management tools to plan, execute, and monitor consulting projects

    • Strong communication skills to...

  • Answered by AI
  • Q2. Can you provide details about the projects you have worked on?
  • Ans. 

    I have worked on various projects in the fields of healthcare, finance, and technology.

    • Developed a healthcare data analytics platform to improve patient outcomes

    • Led a team in implementing a financial risk management system for a large bank

    • Designed and implemented a cloud-based solution for a technology startup

  • Answered by AI
Round 2 - Assignment 

Code assignment to select an item, add it to the cart, and proceed to payment options.

Round 3 - HR 

(2 Questions)

  • Q1. Personal questions
  • Q2. Offer details and company on-boarding related info

Interview Preparation Tips

Topics to prepare for IQ Business Principal Consultant interview:
  • Overview of Resume
  • Project tools
  • API Testing
  • QA activities
Interview preparation tips for other job seekers - I advice seekers to just be themselves and respond truthfully.

Principal Consultant Interview Questions asked at other Companies

Q1. Have you worked on Business Rules and functions of Business Rules?
View answer (1)
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

It was general questions based on the company and yourself

Round 2 - Online interview 

(1 Question)

  • Q1. How would you determine if there are more iphone or andriod users
  • Ans. 

    Compare market share, sales data, app downloads, surveys, and website traffic to determine the number of iPhone and Android users.

    • Analyze market share reports from research firms like IDC or Gartner

    • Look at sales data from Apple and Android manufacturers

    • Examine app download statistics from the App Store and Google Play Store

    • Conduct surveys to gather information on smartphone preferences

    • Analyze website traffic data to se

  • Answered by AI
Round 3 - Case Study 

It was based on the company and their offerings

Interview Preparation Tips

Interview preparation tips for other job seekers - Be yourself and know the company well.

Skills evaluated in this interview

Senior Associate Consultant Interview Questions asked at other Companies

Q1. What is journal entries? What is cash allotment? What is differance between PO and Non-PO Invoice? What is accural expanses? What is prepaid expanses? What is vendor ageing? What is MIS? What is trend report?
View answer (4)

Interview questions from similar companies

Business Accountability Associate Interview Questions & Answers

Wells Fargo user image Anonymous

posted on 7 Jan 2025

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Underwriting. Personal Information

What is your full name, Social Security Number, and date of birth?

Are you a U.S. citizen or permanent resident?


Why they ask: To verify your identity and eligibility for a mortgage.

2. Income and Employment

What is your annual income?

Are you employed, self-employed, or retired?

How long have you been at your current job?


Why they ask: To ensure you have a steady income to repay the loan.

3. Credit History

What is your credit score?

Do you have any outstanding loans, credit card debt, or missed payments?

Have you ever declared bankruptcy or had a foreclosure?


Why they ask: To assess your ability and reliability to repay the loan.

4. Assets and Savings

How much money do you have in savings, investments, or retirement accounts?

Do you own any other properties or assets?


Why they ask: To confirm you have enough funds for a down payment, closing costs, and emergency reserves.

5. Property Details

What is the purchase price of the home?

Are you buying a primary residence, second home, or investment property?

What is the home’s address and type (e.g., single-family, condo)?


Why they ask: To evaluate the value and purpose of the property as collateral for the loan.

6. Debts and Expenses

What are your monthly expenses, including rent, utilities, and other bills?

Do you owe child support or alimony?


Why they ask: To calculate your debt-to-income (DTI) ratio and ensure you can afford the mortgage payments.

7. Down Payment

How much are you planning to put down as a down payment?

Are the funds coming from your savings or a gift?


Why they ask: To verify you have a sufficient down payment and its source is legitimate.

8. Insurance and Taxes

Do you have homeowners insurance lined up?

Are you aware of the property taxes in the area?

Round 2 - HR 

(1 Question)

  • Q1. Previous Employment
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Implement search in binary tree
  • Q2. Previous work experience
Round 2 - One-on-one 

(2 Questions)

  • Q1. Why are switching
  • Q2. What is Netflix OSS
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

I applied via Recruitment Consulltant and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Questions related to backend and AWS.
Round 2 - Technical 

(1 Question)

  • Q1. Question related to front end and database.

Interview Preparation Tips

Topics to prepare for JPMorgan Chase & Co. Fullstack Java Developer interview:
  • DSA
  • Bootstrap
  • Javascript
  • Redshift
  • Django
  • kubernate
  • Python
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. Basic questions on python
  • Q2. Difference between list tuple
  • Q3. Area of room 6D
  • Q4. Most emberacing situation u faced in your life
  • Q5. Behavior questions like what will u do if this happens
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
-

I was interviewed in Nov 2024.

Round 1 - Case Study 

Here’s a simple framework to approach a case study effectively:


---

Case Study Framework

1. Understand the Problem

Read the case thoroughly and identify the key issue.

Ask clarifying questions if needed (if in a live setting).

Summarize the problem in your own words.



2. Analyze the Situation

SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)

Identify relevant stakeholders.

Gather data or key insights from the case text.



3. Identify Alternatives

Brainstorm possible solutions to the problem.

Consider multiple approaches (e.g., short-term vs. long-term solutions).



4. Evaluate the Alternatives

Weigh the pros and cons of each solution.

Assess feasibility, costs,

Round 2 - Technical 

(2 Questions)

  • Q1. What are the common performance issues that can occur in a system?
  • Ans. 

    Common performance issues in a system include slow response times, high resource usage, bottlenecks, and crashes.

    • Slow response times can be caused by inefficient code, network latency, or overloaded servers.

    • High resource usage can lead to system slowdowns and crashes, often caused by memory leaks or inefficient algorithms.

    • Bottlenecks occur when a component of the system becomes a limiting factor, such as a database ser...

  • Answered by AI
  • Q2. What is your experience with software bug fixing?
  • Ans. 

    I have experience in identifying and resolving software bugs through thorough testing and collaboration with developers.

    • Identifying bugs by reproducing issues reported by users

    • Collaborating with developers to understand root cause of bugs

    • Testing bug fixes to ensure they are effective

    • Utilizing bug tracking tools like Jira or Bugzilla

    • Experience with regression testing to prevent reoccurrence of bugs

  • Answered by AI
Round 3 - Coding Test 

Shortcut Tips for Coding Tests: 1. Master the Basics: Familiarize yourself with arrays, strings, loops, and conditional statements. 2. Learn Patterns: Concentrate on sliding window, two-pointer techniques, recursion, and divide-and-conquer methods. 3. Use Standard Algorithms: Study breadth-first search (BFS), depth-first search (DFS), sorting algorithms, and dynamic programming principles. 4. Understand Data Structures: Practice with stacks, queues, linked lists, and trees. 5. Practice Edge Cases: Consider scenarios involving empty inputs, duplicates, and large datasets. 6. Write Pseudocode: Outline your plan before starting to code. 7. Optimize Early: Always strive for efficiency in your solutions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Quick Tips for Job Seekers:

1. Know Your Strengths: Identify skills and tailor your resume.


2. Network: Leverage LinkedIn, industry events, and connections.


3. Customize Applications: Align resumes and cover letters to job descriptions.


4. Prepare for Interviews: Research companies and practice answers.


5. Upskill: Learn in-demand tools, certifications, and soft skills.


6. Stay Organized: Track applications and follow-ups.


7. Be Positive: Handle rejections as learning opportunities.


8. Leverage Social Media: Optimize LinkedIn and maintain professionalism online.


9. Consider All Opportunities: Explore freelance, contract, or adjacent roles.


10. Follow Up: Send thank-you notes and stay connected with recruiters.



Stay consistent and persistent—your opportunity is ahead!
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
-
Result
Not Selected

I applied via LinkedIn and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Introduction, be prepared to have knowledge on your resume
  • Q2. Mathematical questions like percentage
  • Q3. Critical thinking. They asked a question with a given situation what you'll do .
  • Q4. The past 4 days been climate be stroming . And current was cut off due to rain and flood , you have a important assignment to finish, what you'll do

Interview Preparation Tips

Interview preparation tips for other job seekers - I went to citi for the interview of operation specialist other day. I been waitied for around 4 hours just to get my first round of interview. The interviewer seems exhausted due to overwhelming candidate. And one thing is shown upon the scheduling of the interview is lack of people management and schedules. The interviewer seems nice even though i didn't selected
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in Nov 2024. There were 2 interview rounds.

Round 1 - Coding Test 

During the coding test, I was asked to write a program to check the frequency of characters in a string.

Round 2 - Technical 

(5 Questions)

  • Q1. What is Java , what are the four pillars of java
  • Ans. 

    Java is a popular programming language known for its platform independence and object-oriented approach.

    • Java is platform-independent, meaning it can run on any device with a Java Virtual Machine (JVM)

    • Object-oriented programming is a key feature of Java, allowing for code reusability and modularity

    • The four pillars of Java are: Inheritance, Encapsulation, Abstraction, and Polymorphism

    • Inheritance allows a class to inherit...

  • Answered by AI
  • Q2. Related to collection framework
  • Q3. What is recursion, write a code for it
  • Ans. 

    Recursion is a programming technique where a function calls itself to solve a problem.

    • Recursion involves breaking down a problem into smaller subproblems and solving them recursively.

    • A base case is needed to stop the recursion and prevent infinite loops.

    • Example: Factorial calculation using recursion - function factorial(n) { return n === 0 ? 1 : n * factorial(n-1); }

  • Answered by AI
  • Q4. Why we don't use pointers in java
  • Ans. 

    Java doesn't use pointers for security and simplicity reasons.

    • Java uses references instead of pointers to avoid direct memory manipulation.

    • Pointers can lead to memory leaks and security vulnerabilities.

    • Java's garbage collection manages memory automatically, reducing the need for pointers.

  • Answered by AI
  • Q5. What are the difference between array and arraylist
  • Ans. 

    Array is a fixed-size data structure while ArrayList is a dynamic-size data structure in Java.

    • Array is a fixed-size collection of elements of the same data type, while ArrayList is a dynamic-size collection that can grow or shrink.

    • Arrays can store primitive data types and objects, while ArrayList can only store objects.

    • Arrays require a specified size at the time of declaration, while ArrayList can dynamically resize it...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - well prepare for all the questions like Java and oops
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - Aptitude Test 

The test will comprise a total of 60 questions, divided as follows: 70% of the questions will focus on finance and accounting, while the remaining questions will cover aptitude and English.

Round 2 - Technical 

(1 Question)

  • Q1. Zero coupon bonds, long-term liabilities, return on equity, debt-equity ratio, captial budgeting and techniques, bonds and its types, debt instruments meaning, collateral, mortgage, spin off, demerger, mer...

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview panel consists of two members: the team leader and the manager. They specifically asked me detailed questions regarding finance, which included my percentage in my MBA, inquiries related to my projects, and how I learned about the company. While responding to the questions, it is essential to remain confident, and if a question is unfamiliar, we can articulate our response in our own words. We should answer them slowly instead of hurrying. Overall I have a great experience while answering the questions and panel members were polite persons.

IQ Business Interview FAQs

How many rounds are there in IQ Business interview?
IQ Business interview process usually has 3 rounds. The most common rounds in the IQ Business interview process are Aptitude Test, Case Study and One-on-one Round.

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