MasterCard Associate Product Specialist Interview Questions and Answers

Q1. Introduction and previous experience
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Q2. What data points to cover for underwriting?
Ans. 
Data points for underwriting include financial history, credit score, employment status, and insurance claims.
• Financial history (income, assets, debts)

• Credit score

• Employment status

• Insurance claims history
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Q1. Introduction and experience demonstration in 1-1.5 minutes
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Q2. Why we should hire you?
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Q3. Articulate Product Strategy for a market migration/mass enablement
Ans. 
Develop a product strategy to enable mass migration in the market.
• Conduct market research to identify target segments and their needs

• Create a roadmap for product development and deployment

• Implement marketing campaigns to educate and attract customers

• Provide training and support for users transitioning to the new product

• Monitor and analyze feedback to make continuous improvements
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Q4. Leadership style question with example
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Create a Project Plan and Presentation on a Market Migration Case Study

Q1. Same as round 1 questions
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Q2. Describe yourself in 3 words
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Q1. About a hypothetical scenario that the interviewer came up by himself
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Q1. STAR approach based behavioural questions
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Q1. SQL questions ex- Student table and employees
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Q2. Linux command questions
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Q3. SQL query write test
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Q4. Monitoring tools like control M and etc.
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Q5. Cloud knowledge in AWS
Ans. 
AWS is a cloud computing platform that offers a wide range of services for storage, computing power, networking, and more.
• AWS provides services such as EC2 for virtual servers, S3 for storage, and RDS for databases

• Knowledge of AWS IAM for managing access control and security

• Understanding of AWS Lambda for serverless computing

• Experience with AWS CloudFormation for infrastructure as code

• Familiarity with AWS VPC for netwo
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They will give some 2 or more SQL questions you should write a query for that, scenario based question on real time production application issues

Q1. Salary expections
Ans. Ask maximum salary what they are offering
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Q2. Prefer Location
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Array and string type questions

Data interpretation area profit and loss

Q1. Introduction first i did that
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Q2. Dsa questions asked
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Q1. How will you increase AOV of swiggy by 20%?
Ans. 
To increase AOV of Swiggy by 20%, I will implement personalized recommendations, bundle deals, loyalty programs, and targeted promotions.
• Implement personalized recommendations based on user preferences and past orders

• Introduce bundle deals where customers can save money by ordering multiple items together

• Launch a loyalty program to incentivize customers to order more frequently

• Run targeted promotions such as discounts ...read more
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Q2. RCA : Uber rides have gone down by 50%
Ans. 
Uber rides have decreased by 50%, potential reasons could include changes in consumer behavior, competition, pricing, or external factors.
• Consider analyzing data on consumer trends and preferences to understand the decrease in rides.

• Evaluate the impact of competitors offering similar services at lower prices.

• Assess any changes in Uber's pricing strategy that may have affected ride demand.

• Look into external factors such...read more
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Q1. Design an ATM for blind
Ans. 
ATM for blind with tactile buttons, braille labels, and audio instructions.
• Include tactile buttons with different shapes for easy identification (circle for balance, square for withdrawal, etc.)

• Use braille labels for each button and on the screen for navigation

• Provide audio instructions for each step of the transaction

• Include headphone jack for privacy during transactions
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Q2. How will you improve the everyday meal feature of zomato?
Ans. 
I will enhance the everyday meal feature of Zomato by introducing personalized meal recommendations based on user preferences and dietary restrictions.
• Implement a user profile system where users can input their dietary preferences, restrictions, and favorite cuisines.

• Utilize machine learning algorithms to analyze user data and provide personalized meal recommendations.

• Collaborate with restaurants to offer exclusive eve...read more
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Q1. Nothing specific apart from Java
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Q2. Java coding only during technical
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