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IQ Business Senior Associate Consultant Interview Questions and Answers

Updated 3 Jul 2024

IQ Business Senior Associate Consultant Interview Experiences

1 interview found

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

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Aug 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(7 Questions)

  • Q1. Work experience and relevance of your resume for Amex
  • Ans. 

    My work experience includes roles in financial services and consulting, providing me with relevant skills for Amex.

    • I have worked in financial services for 5+ years, including roles at a major bank and a fintech startup.

    • I have experience in consulting, where I worked on projects related to financial analysis and strategy development.

    • My resume highlights my expertise in financial modeling, data analysis, and client relat...

  • Answered by AI
  • Q2. Why change to Amex? What attracted you the most about Amex?
  • Ans. 

    I changed to Amex for its reputation for innovation, strong company culture, and opportunities for growth.

    • Reputation for innovation in the financial industry

    • Strong company culture focused on employee development and diversity

    • Opportunities for career growth and advancement within the company

  • Answered by AI
  • Q3. Technology questions such as how API works and your experience in working with data?
  • Q4. How you used data management and analytics in your last role?
  • Ans. 

    I utilized data management and analytics to track project progress, identify trends, and make data-driven decisions.

    • Implemented data management systems to organize and store project data efficiently

    • Utilized analytics tools to analyze project performance and identify areas for improvement

    • Generated reports and dashboards to track key metrics and communicate findings to stakeholders

    • Used data insights to make informed deci

  • Answered by AI
  • Q5. How you can make business decisions from data in your last role?
  • Ans. 

    I used data analysis tools to identify trends, patterns, and correlations to inform strategic business decisions.

    • Utilized data visualization tools to present key findings to stakeholders

    • Conducted regression analysis to predict future outcomes based on historical data

    • Collaborated with cross-functional teams to gather and analyze data from multiple sources

  • Answered by AI
  • Q6. How you solved any disagreement with your boss in last role?
  • Ans. 

    I always approach disagreements with a focus on finding common ground and maintaining open communication.

    • Listen actively to understand the boss's perspective

    • Express my own perspective calmly and respectfully

    • Seek a compromise or solution that benefits both parties

    • Follow up to ensure the issue is fully resolved

  • Answered by AI
  • Q7. How will you approach different teams with requirements as a product manager?
  • Ans. 

    I will approach different teams with requirements by understanding their unique needs, building relationships, and communicating effectively.

    • Understand the goals and priorities of each team to tailor requirements accordingly

    • Build relationships with key stakeholders to gain buy-in and support

    • Communicate clearly and regularly to ensure alignment and address any concerns

    • Collaborate with cross-functional teams to ensure al

  • Answered by AI
Round 2 - One-on-one 

(4 Questions)

  • Q1. Logical Questions - Check out Geeks for Geeks Puzzles and memorise them all or atleast understand logic for each
  • Q2. 3 ants around a triangle problem
  • Q3. Find top 3 horses from 25 horses set
  • Ans. 

    To find the top 3 horses from a set of 25 horses, we can sort them based on their performance or rankings.

    • Sort the horses based on their performance or rankings

    • Select the top 3 horses from the sorted list

    • Consider factors like speed, endurance, and previous race results

  • Answered by AI
  • Q4. How will you approach conflicts at workplace?
  • Ans. 

    I approach conflicts at workplace by actively listening, understanding all perspectives, and finding a mutually beneficial solution.

    • Actively listen to all parties involved in the conflict

    • Seek to understand the root cause of the conflict

    • Encourage open communication and dialogue

    • Find a mutually beneficial solution that addresses the concerns of all parties

    • Mediate if necessary to facilitate resolution

  • Answered by AI
Round 3 - One-on-one 

(4 Questions)

  • Q1. Behavioural questions
  • Q2. How will you manage work life balance?
  • Ans. 

    I prioritize tasks, set boundaries, delegate when necessary, and make time for self-care.

    • Prioritize tasks based on deadlines and importance

    • Set boundaries by establishing work hours and sticking to them

    • Delegate tasks to team members when overwhelmed

    • Schedule time for self-care activities like exercise, hobbies, and relaxation

    • Communicate with supervisors and colleagues about workload and availability

  • Answered by AI
  • Q3. What are the 3 pillars of data management?
  • Ans. 

    The 3 pillars of data management are data quality, data governance, and data security.

    • Data quality ensures that data is accurate, complete, and reliable.

    • Data governance involves establishing policies and procedures for managing data assets.

    • Data security focuses on protecting data from unauthorized access or breaches.

  • Answered by AI
  • Q4. How will you solve disputes and disagreements with your manager?
  • Ans. 

    I will approach disputes with my manager by actively listening, seeking common ground, and proposing solutions collaboratively.

    • Actively listen to my manager's perspective and concerns

    • Seek common ground and areas of agreement

    • Propose solutions collaboratively, considering both perspectives

    • Maintain professionalism and respect throughout the discussion

    • Seek feedback and learn from the experience to prevent future conflicts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay in touch with HR because their process is long and needs many approvals before you can join the company but worth every minute and effort because the company is top notch

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected
Round 1 - Aptitude Test 

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Round 2 - One-on-one 

(2 Questions)

  • Q1. Gjkl. Hyunvg. Fuji yi fhmm
  • Q2. Nbcfg. Brunch. Till sghj sgb
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected
Round 1 - Technical 

(4 Questions)

  • Q1. What are joins in sql
  • Ans. 

    Joins in SQL are used to combine rows from two or more tables based on a related column between them.

    • Joins are used to retrieve data from multiple tables based on a related column

    • Common types of joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN

    • Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column

  • Answered by AI
  • Q2. What is OOP features
  • Ans. 

    OOP features are key concepts in Object-Oriented Programming that include encapsulation, inheritance, polymorphism, and abstraction.

    • Encapsulation: Bundling data and methods that operate on the data into a single unit (object)

    • Inheritance: Ability for a class to inherit properties and behavior from another class

    • Polymorphism: Ability for objects to be treated as instances of their parent class or their own class

    • Abstractio...

  • Answered by AI
  • Q3. Primary key , foreign key
  • Q4. Exception in java
  • Ans. 

    An exception in Java is a runtime error that disrupts the normal flow of a program.

    • Exceptions are objects that are thrown when an error occurs during the execution of a program.

    • They can be caught and handled using try-catch blocks.

    • Common types of exceptions in Java include NullPointerException, ArrayIndexOutOfBoundsException, and IOException.

  • Answered by AI

Skills evaluated in this interview

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

I applied via Walk-in and was interviewed in May 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. How many years exprience
  • Q2. Hum apku yeh job q dena
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Introduce yourself
  • Ans. 

    I am a dedicated and hardworking individual with a background in marketing and a passion for building strong relationships with clients.

    • Background in marketing

    • Strong relationship-building skills

    • Dedicated and hardworking

  • Answered by AI
Round 2 - One-on-one 

(1 Question)

  • Q1. About past work experience
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Aug 2023. 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 - Case Study 

Credit Reserach on any listed company

Round 3 - Technical 

(4 Questions)

  • Q1. Enumerate the difference between NOPAT and FCF
  • Ans. 

    NOPAT is the net operating profit after tax, while FCF is the free cash flow.

    • NOPAT is a measure of a company's profitability that excludes taxes and interest expenses.

    • FCF is a measure of a company's financial performance that represents the cash generated by the business after accounting for capital expenditures.

    • NOPAT = Operating Income * (1 - Tax Rate)

    • FCF = NOPAT + Depreciation & Amortization - Change in Working Capit

  • Answered by AI
  • Q2. Is negative working capital good for a comapny?
  • Ans. 

    Negative working capital can be good for a company as it indicates efficient management of assets and liabilities.

    • Negative working capital can indicate that a company is effectively using its short-term assets to fund its short-term liabilities.

    • It can show that a company is able to quickly convert inventory or accounts receivable into cash to meet its short-term obligations.

    • However, sustained negative working capital m...

  • Answered by AI
  • Q3. Is one time item in CFO an alarming item for a comany seeking debt?
  • Ans. 

    Yes, one-time items in CFO can be alarming for a company seeking debt.

    • One-time items can distort the true financial health of a company

    • Lenders may view one-time items as unsustainable sources of income

    • It may raise concerns about the company's ability to generate consistent cash flow

    • Companies should provide explanations for one-time items to lenders

  • Answered by AI
  • Q4. How can a company remove its debt but not affect the cash flow?
  • Ans. 

    A company can remove its debt without affecting cash flow by refinancing debt at lower interest rates, increasing revenue, or selling assets.

    • Refinance debt at lower interest rates to reduce debt burden

    • Increase revenue through sales growth or cost-cutting measures

    • Sell assets to generate cash and pay off debt

    • Negotiate with creditors for better repayment terms

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

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

Round 1 - Coding Test 

Be through with all DSA questions

Round 2 - Technical 

(1 Question)

  • Q1. Technical questions based on profile
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Walk-in and was interviewed in Apr 2023. There were 3 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 

Aptitude Test Consists of questions from Accounting ( Accounting and Investment Banking ) , English Language ( Grammar ), Logical Reasoning

Round 3 - One-on-one 

(3 Questions)

  • Q1. Walk through the resume - Education, Family, Work Profile
  • Q2. Trade Life Cycle , Custodian , Corporate Actions
  • Q3. How immediate you could join
  • Ans. 

    I can join immediately.

    • I am available to start immediately.

    • I can begin working as soon as necessary.

    • I have no prior commitments that would delay my start date.

    • I am ready to hit the ground running.

    • I can adapt quickly to new environments and start contributing right away.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for BNY Senior Associate interview:
  • Investment Banking
Interview preparation tips for other job seekers - Good to know about the Company
Skim Resume
A thorough understanding of investment banking

I applied via Company Website and was interviewed before Jun 2020. There were 2 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Tell me about kyc
  • Ans. 

    KYC stands for Know Your Customer. It is a process used by businesses to verify the identity of their clients.

    • KYC is a regulatory requirement in many industries, including banking, finance, and telecommunications.

    • The purpose of KYC is to prevent identity theft, fraud, money laundering, and terrorist financing.

    • KYC involves collecting and verifying customer information, such as name, address, date of birth, and identific...

  • Answered by AI
  • Q2. Knowledge about trade finance

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare deeply on trade finance

IQ Business Interview FAQs

How many rounds are there in IQ Business Senior Associate Consultant interview?
IQ Business interview process usually has 3 rounds. The most common rounds in the IQ Business interview process are Aptitude Test and Case Study.

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