KPMG India Associate Interview Questions, Process, and Tips

Q1. Reason for switch
Ans. 
Seeking new challenges and growth opportunities in a different environment.
• Desire for new challenges and growth

• Opportunity for career advancement

• Interest in exploring different work environment
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Q2. Reason for swit
Ans. 
Seeking new challenges and growth opportunities in a different environment.
• Looking for a change to expand my skill set and knowledge

• Interested in taking on new responsibilities and challenges

• Seeking a more supportive or collaborative work culture

• Wanting to explore different industries or sectors

• Relocating to a new area for personal reasons
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Aptitudes test reading learning cognitive

Logic assignment was provided to find the commonness between the reports for the financial calcuation proces

Q1. Experience in the transaction domain
Ans. 
I have 5 years of experience in the transaction domain, including M&A deals and financial transactions.
• Managed due diligence process for multiple M&A transactions

• Negotiated terms and conditions for financial transactions

• Analyzed financial statements and prepared valuation models

• Collaborated with legal and finance teams to ensure smooth transactions
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Q2. Contribution on the field
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Q3. Journey table of a marketplace
Ans. 
The journey table of a marketplace tracks the steps customers take from browsing to purchasing.
• Tracks customer interactions from browsing to purchasing

• Includes timestamps for each step

• Can help identify areas for improvement in the customer journey
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Q4. Journey of transaction in banking domain
Ans. 
The journey of a transaction in the banking domain involves multiple steps from initiation to completion.
• Initiation of transaction by the customer through various channels like online banking, ATM, or in-person at a branch

• Verification and authorization of the transaction by the bank's systems and security measures

• Processing of the transaction by the bank, which may involve transferring funds between accounts or to exte...read more
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Q5. Recommended reconciliation process
Ans. 
The recommended reconciliation process involves comparing financial records to ensure accuracy and consistency.
• Ensure all transactions are recorded accurately

• Compare financial records with bank statements

• Investigate and resolve any discrepancies

• Document the reconciliation process for audit purposes
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It was a basic aptitude test, fairly easy

I got one case question which doubled as a guesstimate question and had another standalone guesstimate question

Q1. Why KPMG? Why do you think you are fit for the role?
Ans. 
I believe KPMG is the ideal fit for me due to its strong reputation, global presence, and commitment to excellence.
• KPMG has a stellar reputation in the industry, known for its high-quality services and ethical practices.

• The firm has a global presence, offering opportunities to work with diverse clients and gain international exposure.

• KPMG's focus on excellence aligns with my own values and work ethic.

• I have relevant sk...read more
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Q2. Do you have a finance degree?
Ans. 
NO
• I do not have a finance degree.

• I have a degree in a different field.

• I have relevant experience in finance despite not having a finance degree.
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AMCAT aptitude test with verbal ability

Q1. What is the probability of an event occurring
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Q2. Tell me something about yourself
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Q1. Tell me about your self
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Q1. Based on resume
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Q1. Based on technical round
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Q1. To test communication and listening skills
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Q1. Audit of account receivables, PPE, Difference between vouching and verified Some basic journal entries
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