Iris Software Senior Executive Interview Questions and Answers

Typing and one to one

Q1. Its easy they will ask about your experience
Add your answer

Q1. Previous work experiences
Add your answer

Current domain knowledge test

Q1. Basic question: tell me about yourself
Add your answer

Q1. Finance related questions: mutual funds, private equity, VC, NAV Calculation, Index funds vs ETF
Add your answer

Q1. Background check and Educational Qualification
Add your answer
Q2. Relevant Experience in the job
Ans. 
I have relevant experience in the job.
• I have worked as an Associate for 3 years at XYZ company.

• During my time there, I successfully managed multiple projects and achieved all the set targets.

• I have a strong understanding of the job responsibilities and requirements.

• I have received positive feedback from my previous supervisors for my performance in similar roles.

• I have also completed relevant certifications and trainin
Answered by AI
Add your answer

Q1. How to calculate Net Asset Value?
Ans. 
Net Asset Value is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.
• Calculate the total value of all assets

• Subtract the total value of all liabilities

• Divide the result by the number of outstanding shares

• NAV = (Total Assets - Total Liabilities) / Number of Outstanding Shares

• Example: If a company has $10 million in assets and $5 million in liabilities, with 1 million outs
Answered by AI
View 2 more answers
Q2. Difference between Private Equity and Public Equity?
Ans. 
Private equity involves investing in private companies, while public equity involves investing in publicly traded companies.
• Private equity firms invest in companies that are not publicly traded

• Public equity involves buying shares of publicly traded companies

• Private equity firms typically acquire a controlling stake in the company they invest in

• Public equity investors do not have control over the company

• Private equity i...read more
Answered by AI
View 1 more answer
Q3. What do you mean by Mutual Funds?
Ans. 
Mutual funds are investment vehicles that pool money from multiple investors to invest in stocks, bonds, and other securities.
• Mutual funds are managed by professional fund managers

• Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying securities

• Mutual funds offer diversification and can be a good option for investors who want exposure to a variety of...read more
Answered by AI
Add your answer
Q4. Difference between General Partner and Limited Partner?
Ans. 
General partners have unlimited liability and manage the business, while limited partners have limited liability and do not manage the business.
• General partners have unlimited liability for the debts and obligations of the business, while limited partners have limited liability and are only liable for the amount of their investment.

• General partners manage the day-to-day operations of the business, while limited partner...read more
Answered by AI
Add your answer
Q5. What do you mean by Capital Markets?
Ans. 
Capital markets refer to financial markets where long-term securities are traded.
• Capital markets are where companies and governments raise funds by issuing stocks, bonds, and other securities.

• These markets are typically for long-term investments and have a lower liquidity than other financial markets.

• Examples of capital markets include the New York Stock Exchange, NASDAQ, and the bond market.

• Investors in capital market...read more
Answered by AI
Add your answer

Q1. What is your work in your previous organisation?
Ans. 
I worked as a Sales Executive in my previous organization.
• Managed a portfolio of clients and developed new business opportunities

• Met and exceeded sales targets consistently

• Built strong relationships with clients and provided excellent customer service

• Collaborated with cross-functional teams to ensure smooth order processing and delivery

• Analyzed market trends and competitor activities to identify growth opportunities
Answered by AI
Add your answer
Q2. Why you want to switch your current organization?
Ans. 
I am seeking new challenges and opportunities for growth in my career.
• Looking for a more challenging role

• Seeking opportunities for professional development

• Want to work in a different industry or sector

• Desire for a better work-life balance

• Unsatisfied with current company culture or management

• Relocation or commute reasons
Answered by AI
Add your answer

Q1. What do you understand by Mutual funds?
Ans. 
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent their ownership in the fund's portfolio.

• Mutual funds offer diversification, liquidity, and professional management to invest...read more
Answered by AI
Add your answer
Q2. General rules of accounting?
Ans. 
General rules of accounting include consistency, relevance, reliability, and comparability.
• Consistency: Accounting methods should be applied consistently from one period to another.

• Relevance: Financial information should be relevant to the decision-making needs of users.

• Reliability: Financial information should be reliable and free from bias or error.

• Comparability: Financial information should be comparable across diff...read more
Answered by AI
Add your answer
Q3. Understanding of investment banking?
Ans. 
Investment banking involves providing financial services to corporations, governments, and other institutions, including raising capital, mergers and acquisitions, and advisory services.
• Facilitates capital raising for corporations through issuing stocks and bonds

• Assists in mergers and acquisitions by advising on deals and facilitating transactions

• Provides financial advisory services to clients on various strategic matt...read more
Answered by AI
Add your answer
Q4. General question about experience/family/yourself.
Add your answer

Q1. Nav calculation capital of call distribution notice
Ans. 
NAV calculation capital of call distribution notice
• NAV (Net Asset Value) calculation involves determining the value of a fund's assets minus its liabilities

• Capital call is a request for additional funds from investors in a private equity fund

• Distribution notice is a document sent to investors detailing the distribution of profits or income from an investment
Answered by AI
Add your answer
Q2. Nav calculation
Add your answer