Iris Software Business Analyst Interview Questions and Answers

How to handle difficult stakeholders

Q1. Why do you think the product may not seller
Ans. 
The product may not sell due to lack of market demand, poor marketing strategy, high price point, or competition.
• Lack of market demand for the product

• Poor marketing strategy or ineffective advertising

• High price point compared to competitors

• Strong competition in the market
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Q1. Tell me about yourself
Ans. 
I am a detail-oriented business analyst with a strong background in data analysis and problem-solving.
• Experienced in gathering and analyzing business requirements

• Skilled in creating data models and visualizations

• Proficient in using tools like SQL, Excel, and Tableau

• Strong communication and presentation skills

• Ability to work collaboratively with cross-functional teams
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Q1. Tell me about yourself
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Q2. Tell me projects you have worked upon
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Q1. How would you analyze an industry
Ans. 
To analyze an industry, one must consider various factors such as market trends, competition, regulations, and consumer behavior.
• Research market trends and growth potential

• Analyze competition and market share

• Evaluate regulatory environment and compliance requirements

• Study consumer behavior and preferences

• Assess technological advancements and their impact on the industry
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Q2. What comes as a part of a comps report
Ans. 
A comps report typically includes information on comparable companies, their financial performance, valuation metrics, and industry trends.
• Comparable companies' financial data (revenue, EBITDA, etc.)

• Valuation multiples (EV/EBITDA, P/E ratio, etc.)

• Industry trends and analysis

• Key metrics and ratios used for comparison

• Recommendations or insights based on the analysis
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Q1. Screening calls
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Q1. General about work experience
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Q2. Knowledge, and database exposures
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Q1. Case studies , work expirience
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Q2. Assessing Knowledge on process etc.,
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Basic aptitude topics . Numerical and logic

Q1. Basic question on projects and internships. Case oriented question
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Q1. Easy. About yourself and interests.
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