Macquarie Group Interview Questions and Answers

Q1. How Apache Airflow works?
Ans. 
Apache Airflow is a platform to programmatically author, schedule, and monitor workflows.
• Apache Airflow allows users to define workflows as Directed Acyclic Graphs (DAGs) in Python scripts.

• It provides a web-based UI for users to visualize and monitor the status of their workflows.

• Airflow uses a scheduler to trigger tasks based on their dependencies and schedules.

• It supports various integrations with external systems li...read more
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Q2. What do you do during Code Review?
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During code review, I carefully examine the code for errors, bugs, and adherence to coding standards.
• Check for syntax errors and bugs

• Ensure code follows coding standards and best practices

• Review logic and algorithms for efficiency and correctness

• Provide constructive feedback to the developer

• Verify that tests are included and cover edge cases
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Q3. Explain the business Process.
Ans. 
Business process refers to a series of steps or activities that an organization performs to achieve a specific goal.
• Business process involves defining objectives, identifying resources, and implementing strategies.

• It includes tasks such as planning, organizing, executing, and monitoring.

• Examples of business processes include sales, marketing, production, and customer service.
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Q1. What is the difference between impairment and depreciation?
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Impairment is a sudden and significant decrease in the value of an asset, while depreciation is the gradual decrease in value over time.
• Impairment is usually a one-time event that occurs when the value of an asset drops below its carrying amount.

• Depreciation is the allocation of the cost of an asset over its useful life, reflecting the wear and tear on the asset.

• Impairment is recognized when the asset's recoverable amo...read more
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Q2. What is the five. Steps model of revenue
Ans. 
The five steps model of revenue is a framework used to analyze and improve revenue generation strategies.
• Identify target market and customer segments

• Develop products or services that meet the needs of the target market

• Create effective marketing and sales strategies

• Implement pricing strategies to maximize revenue

• Monitor and analyze revenue performance to make adjustments as needed
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Q3. What is fair value measurement
Ans. 
Fair value measurement is the process of determining the value of an asset or liability based on market conditions.
• Fair value measurement involves using market-based inputs to determine the value of an asset or liability.

• It is often used in financial reporting to provide more accurate and relevant information to stakeholders.

• Examples of fair value measurements include determining the value of a company's investments or...read more
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Q4. What would be the accounting for leases in the books of lessor and lessee?
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Accounting for leases involves recording lease payments and assets on the books of lessor and lessee.
• Lessor records lease payments as rental income and depreciates the leased asset over its useful life.

• Lessee records lease payments as lease liability and right-of-use asset on the balance sheet.

• For finance leases, lessee recognizes interest expense and amortization of the right-of-use asset.

• For operating leases, lessee ...read more
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Q5. What is financial instrument accounting
Ans. 
Financial instrument accounting involves the recognition, measurement, and disclosure of various financial instruments in an entity's financial statements.
• Financial instruments include cash, stocks, bonds, derivatives, and loans.

• Accounting for financial instruments requires understanding their classification, valuation, and presentation in financial statements.

• Different accounting standards such as IFRS and GAAP provid...read more
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Logical reasoning verbal

Q1. Define your dataset and what difficulties you have faced while preparing your model ?
Ans. 
The dataset consists of customer purchase history and demographic information. Difficulties faced include data cleaning and missing values.
• Dataset includes customer ID, purchase amount, purchase date, age, gender, and location.

• Difficulties faced include handling missing values in the age and location columns.

• Data cleaning involved removing duplicates and outliers to ensure accurate analysis.

• Normalization and standardiz...read more
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Q2. What is Normalization and standardization
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Normalization and standardization are techniques used to rescale data to have a mean of 0 and a standard deviation of 1.
• Normalization is the process of rescaling the data to have values between 0 and 1.

• Standardization is the process of rescaling the data to have a mean of 0 and a standard deviation of 1.

• Normalization is useful when the features have different ranges.

• Standardization is useful when the features have diff...read more
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Q1. GEN AI DEPLOYMENT
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Q2. Ml deployment steps
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Q1. Tell me about yourself
Ans. 
Experienced Senior Associate with a background in finance and project management.
• Over 5 years of experience in financial analysis and reporting

• Skilled in project management and leading cross-functional teams

• Strong communication and presentation skills

• Proficient in data analysis and financial modeling

• Previous experience working with Fortune 500 companies
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Q2. Where do you see yourself after 5 years?
Ans. 
In 5 years, I see myself as a respected Senior Associate with a strong track record of successful projects and leadership roles.
• Continuing to excel in my current role and taking on more responsibilities

• Developing strong relationships with clients and colleagues

• Mentoring junior team members and contributing to the growth of the company

• Possibly pursuing further education or certifications to enhance my skills
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Q1. Question on IND AS 12
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Q2. Question on IND AS 115
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Sql questions based on aggregate and window

Q1. Sql on windows function
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Q2. Python data and spark questions
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