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Knack Systems Business Analyst Interview Questions and Answers

Updated 14 Mar 2024

Knack Systems Business Analyst Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. What is SDLC process
  • Ans. 

    SDLC stands for Software Development Life Cycle, a process used by software development teams to design, develop, and test high-quality software.

    • SDLC is a structured process that consists of several phases including planning, analysis, design, implementation, testing, and maintenance.

    • Each phase has specific goals and deliverables that must be completed before moving on to the next phase.

    • SDLC helps ensure that software ...

  • Answered by AI

Skills evaluated in this interview

Interview questions from similar companies

Interview Questionnaire 

2 Questions

  • Q1. Mostly puzzles and one case study
  • Q2. They asked me questions about my interests and hobbies

Interview Preparation Tips

Round: Test
Experience: There were three sets of question paper. We were sitting according to our roll number then question paper with rough sheet were distributed and we were allowed 1 hour to finish that. There was no negative marking.
Tips: For aptitude practice data interpretation and data sufficiency
Duration: 1 hour
Total Questions: 30

Round: Group Discussion
Duration: 15 minutes

Round: Technical Interview
Tips: Practice puzzles and case study for this round

Round: HR Interview
Tips: Be yourself

College Name: NIT Rourkela

Interview Questionnaire 

18 Questions

  • Q1. Tell me about your yourself
  • Ans. 

    I am a detail-oriented business analyst with experience in data analysis and process improvement.

    • I have a Bachelor's degree in Business Administration

    • I have worked with various stakeholders to identify business needs and requirements

    • I am proficient in SQL and Excel for data analysis

    • I have experience in process improvement and project management

    • I am a strong communicator and collaborator

  • Answered by AI
  • Q2. Tell us about your training and internships
  • Ans. 

    I have completed a business analyst certification course and have interned at a software development company.

    • Completed a business analyst certification course from XYZ Institute

    • Interned at ABC Software Development Company for 6 months

    • Worked on requirement gathering, documentation and analysis for a project

    • Assisted senior business analysts in creating project plans and reports

  • Answered by AI
  • Q3. What is the role of Instrumentation Department? (my training)
  • Ans. 

    The Instrumentation Department is responsible for designing, installing, and maintaining control systems and instruments used in industrial processes.

    • Designing and implementing control systems for industrial processes

    • Installing and maintaining instruments used in industrial processes

    • Ensuring accuracy and reliability of instruments and control systems

    • Collaborating with other departments to optimize processes and improve...

  • Answered by AI
  • Q4. Why do you want to join Affine Analytics?
  • Ans. 

    I am excited to join Affine Analytics because of their reputation for delivering innovative solutions and their focus on employee growth.

    • Affine Analytics has a strong track record of delivering cutting-edge solutions to clients across industries.

    • I am impressed by the company's commitment to employee growth and development, as evidenced by their training and mentorship programs.

    • I am excited about the opportunity to work...

  • Answered by AI
  • Q5. Why Data anayltics? Why not a technical job in your field?
  • Ans. 

    Data analytics allows me to use my technical skills to solve business problems and make data-driven decisions.

    • Data analytics helps me to identify patterns and trends in data that can be used to improve business processes.

    • It allows me to work with large datasets and use statistical methods to extract insights.

    • I can use my technical skills to develop and implement data models and algorithms.

    • Data analytics is a growing fi...

  • Answered by AI
  • Q6. If I keep two diodes in series will it work as a transistor? (EC branch)
  • Ans. 

    No, two diodes in series cannot work as a transistor.

    • Transistors have three terminals while diodes have two.

    • Transistors can amplify signals while diodes cannot.

    • Transistors can be used as switches while diodes cannot.

    • Diodes in series will only increase the voltage drop.

    • Transistors have different modes of operation such as common emitter, common base, and common collector.

  • Answered by AI
  • Q7. What exactly have you accomplished with the drone? (my final year project)
  • Ans. 

    I developed a drone that can detect and monitor forest fires.

    • Designed and built a drone with thermal imaging camera

    • Integrated machine learning algorithm to detect fire

    • Tested and validated the drone in a controlled forest environment

    • Presented the project at a national engineering conference

  • Answered by AI
  • Q8. How frequently do you play Badminton? (Hobby)
  • Ans. 

    I play badminton twice a week as a hobby.

    • I enjoy playing badminton as a way to stay active and relieve stress.

    • I usually play with friends or family members at a local community center.

    • I have been playing badminton for several years and have improved my skills over time.

  • Answered by AI
  • Q9. Do you have any problem working in Bangalore?
  • Ans. 

    No, I don't have any problem working in Bangalore.

    • I am familiar with the city and its culture

    • I have worked in Bangalore before and enjoyed my experience

    • I am open to new experiences and challenges

    • I am willing to adapt to the local environment and work culture

  • Answered by AI
  • Q10. Do you have any questions for us?
  • Q11. Which football club do you follow? (My answer: Real Madrid) (Que based on hobby)
  • Q12. Why is Real Madrid your favorite?
  • Ans. 

    Real Madrid is my favorite because of their rich history, success, and style of play.

    • Real Madrid has won a record 13 Champions League titles, which is a testament to their success

    • Their style of play is attractive and entertaining to watch

    • The club has a rich history and has had some of the greatest players in football history, such as Cristiano Ronaldo and Zinedine Zidane

  • Answered by AI
  • Q13. Assume you are the CEO of Flipkart. Your board has decided to go App only. What factors would you consider before making your final decision. (You have the relevant data from your website of last 7 years ...
  • Ans. 

    Factors to consider before going App only as CEO of Flipkart

    • Analyze the data from website and app to understand user behavior

    • Evaluate the impact on sales and revenue

    • Consider the potential loss of customers who prefer website over app

    • Assess the cost of developing and maintaining the app

    • Evaluate the competition and their strategies

    • Consider the impact on brand image and customer loyalty

    • Assess the feasibility of providing ...

  • Answered by AI
  • Q14. The Horse Puzzle
  • Q15. 3 Ants triangle puzzle
  • Q16. 3 Jars puzzle (Apple/Orange puzzle)
  • Q17. I have two jars of 5 litres and 3 litres. How can I measure 4 litres? (Assume: Infinite supply of water and no third jar is present)
  • Q18. A revolver with 2 bullets puzzle

Interview Preparation Tips

Round: Test
Experience: The first 10 questions were Data Interpretation type. There were around 4 to 5 logic questions. The rest were quantitative questions.
The questions were pretty basic.
Tips: The aim is to check the speed of your calculations.
Duration: 30 minutes
Total Questions: 23

Round: Group Discussion
Tips: Speak relevant points and you will be fine.
High proficiency in English is a must.
Duration: 10 minutes

Round: Puzzle Interview
Experience: The interview was great and lasted around 35-40 minutes. The interviewer gave ample amount of time to solve the questions.
To answer the questions was ofcourse important but approach to your final answer is very important as well. If you already know the answer but fail to explain the approach to the interviewer, you will get rejected.
Tips: Keep the interviewer in the loop and keep explaining him what you are thinking.
Fluent English is very important as well.

Round: HR Interview
Experience: The interviewers were very friendly and the interview lasted around 15 min.
Tips: Have one or two favorite subject/s from which you can answer any question thrown at you.
Be well versed about your final year project.
Do not put rubbish in your resume as they read the entire resume.

Skills: Enthusiasm, Projects, Proficiency In English, Logical Puzzles, Logical Thinking
College Name: NIT Surat
Funny Moments: As the HR interviewer is an alumni of my college, we had some chat about the college. This made the interview mood very light.
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Referral and was interviewed in Jul 2023. There were 2 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 - Technical 

(2 Questions)

  • Q1. SQL and domain - Use case scenarios and real time examples
  • Ans. 

    SQL is used in various domains for data analysis and reporting. Use cases include financial analysis, inventory management, and customer relationship management.

    • Financial analysis - using SQL to analyze revenue, expenses, and profitability

    • Inventory management - tracking stock levels, orders, and shipments

    • Customer relationship management - analyzing customer data, preferences, and interactions

  • Answered by AI
  • Q2. SQL questions and domain related questions.

Interview Preparation Tips

Topics to prepare for Affine Business Analyst interview:
  • SQL
Interview preparation tips for other job seekers - Majorly they are seeking for SQL expert regardless of how much expertise you have in your domain.
If you are bit low in SQL and expert in your domain area, You will be eventually rejected.

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What is call option?
  • Ans. 

    A call option is a financial contract that gives the holder the right, but not the obligation, to buy an asset at a specified price within a specific time period.

    • Call options are commonly used in stock trading and allow investors to profit from a rising stock price.

    • The specified price at which the asset can be bought is known as the strike price.

    • The expiration date is the deadline by which the option must be exercised.

    • ...

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview before Mar 2024, where I was asked the following questions.

  • Q1. What is a Collateralized Loan Obligation (CLO)?
  • Ans. 

    A CLO is a type of structured credit product backed by a pool of loans, typically corporate loans, that are securitized.

    • CLOs are created by pooling together various loans, primarily leveraged loans to corporations.

    • Investors in CLOs receive payments based on the cash flows generated by the underlying loans.

    • CLOs are divided into tranches, each with different risk levels and returns; for example, senior tranches are less ...

  • Answered by AI
  • Q2. What is the process for valuing a partially drawn Collateralized Loan Obligation (CLO)?
  • Ans. 

    Valuing a partially drawn CLO involves assessing cash flows, credit quality, and market conditions.

    • 1. Assess the underlying assets: Evaluate the credit quality and performance of the loans in the CLO portfolio.

    • 2. Cash flow analysis: Project future cash flows based on the current draw and expected repayments.

    • 3. Discount rate: Determine an appropriate discount rate reflecting the risk profile of the CLO.

    • 4. Market compara...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral

Round 1 - Technical 

(2 Questions)

  • Q1. What are the characteristics of a bond?
  • Ans. 

    A bond is a debt instrument issued by a company or government to raise capital.

    • Bonds have a fixed maturity date when the principal amount is repaid.

    • Bonds pay periodic interest payments to bondholders.

    • Bonds have a face value, which is the principal amount borrowed.

    • Bonds can be traded on the secondary market.

    • Bonds have different types such as government bonds, corporate bonds, and municipal bonds.

  • Answered by AI
  • Q2. Tell me about yourself
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your previous work experience?
  • Q2. Why do you want to switch to IVP?
  • Ans. 

    I want to switch to IVP for the opportunity to work with cutting-edge technology and contribute to innovative solutions.

    • IVP offers a more challenging and dynamic work environment compared to my current role.

    • I am excited about the opportunity to work with a team of talented professionals who are at the forefront of technology.

    • IVP's focus on innovation and creativity aligns with my career goals and aspirations.

    • I believe ...

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
Selected Selected
Round 1 - Technical 

(3 Questions)

  • Q1. Finance questions - related to option pricing, derivatives, securities such as ABS, CLOs
  • Q2. Questions on hedge fund structure, ecosystem, hedge fund strategies
  • Q3. Why do you want to join IVP? Why not sell side core finance roles?
Round 2 - One-on-one 

(4 Questions)

  • Q1. Math puzzles, Statistics, Probability problems
  • Q2. Do you have any technical experience? Data visualization and SQL based
  • Q3. Why do you want to join us?
  • Q4. What do you know about IVP and the exact nature of work we do?
Round 3 - HR 

(2 Questions)

  • Q1. What keeps you going everyday?
  • Q2. Why do you want to join IVP and what strengths will make you thrive here?

I applied via Referral and was interviewed in Oct 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. How can you fit in to this role
  • Q2. Questions about Finacial products, CDS, Asset Management

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared on Financial topics, especially Asset Management and Hedge Funds.
Be well verse with your CV, especially work experience and projects

Knack Systems Interview FAQs

How many rounds are there in Knack Systems Business Analyst interview?
Knack Systems interview process usually has 1 rounds. The most common rounds in the Knack Systems interview process are Technical.
How to prepare for Knack Systems Business Analyst interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Knack Systems. The most common topics and skills that interviewers at Knack Systems expect are Business Analysis, SQL, Communication Skills, Pivot Table and Power Bi.

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Knack Systems Business Analyst Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Knack Systems Business Analyst Salary
based on 13 salaries
₹5.9 L/yr - ₹10 L/yr
27% less than the average Business Analyst Salary in India
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Knack Systems Business Analyst Reviews and Ratings

based on 5 reviews

3.2/5

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2.0

Skill development

5.0

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4.6

Salary

1.0

Job security

3.7

Company culture

3.3

Promotions

3.3

Work satisfaction

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