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Merrill Lynch India Technology Services Financial Advisor Interview Questions and Answers

Updated 8 Jun 2017

Merrill Lynch India Technology Services Financial Advisor Interview Experiences

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Financial Advisor Interview Questions & Answers

user image Nehal Agrawal

posted on 8 Jun 2017

Interview Questionnaire 

4 Questions

  • Q1. Where do you see yourself in 5 years from now?
  • Ans. 

    In 5 years, I see myself as a senior financial advisor leading a team of successful advisors and expanding my client base.

    • Leading a team of advisors

    • Expanding client base

    • Achieving senior financial advisor status

  • Answered by AI
  • Q2. Why did you apply for this job?
  • Ans. 

    I applied for this job because of my passion for helping others achieve their financial goals.

    • Passion for helping others with their finances

    • Interest in financial planning and investment strategies

    • Desire to make a positive impact on clients' financial well-being

  • Answered by AI
  • Q3. What about the job is of interest to you?
  • Ans. 

    I am interested in the Financial Advisor job because it allows me to help individuals and businesses achieve their financial goals.

    • I enjoy working with numbers and analyzing financial data.

    • I have a passion for helping others make informed financial decisions.

    • I find the challenge of creating personalized financial plans exciting.

    • I am motivated by the opportunity to continuously learn and stay updated on market trends.

    • I ...

  • Answered by AI
  • Q4. What are your expectations from this job?
  • Ans. 

    I expect to grow professionally, help clients achieve their financial goals, and contribute to the success of the company.

    • Opportunity for professional growth and development

    • Helping clients achieve their financial goals

    • Contributing to the success of the company

    • Working in a supportive and collaborative team environment

  • Answered by AI

Interview Preparation Tips

Round: HR Interview
Experience: During this round, I spent about an hour at the office of the company. I was introduced with 2 other people besides the main interviewer. Each person gave me a glimpse of what their day is like, what is their role in the company, what is their approach to work. Besides, they also shared their own story about how they got where they are.
Tips: Ask as many questions as you can and want to. This is the chance for you to know the company, what to expect from the job, what a typical day at work would like for you, etc. Even the company gets a chance to know you better. This is the place where you get a chance to decide if the job is a right fit for you or not. If the job description excites you and you can see yourself doing it in the future, then you know you'll like working there.

Round: Test
Experience: A series of questions popped up one after the other relating to a typical day at work. The test was based on different small decisions a person had to make when at work. For e.g., prioritizing a few important matters at hand. Moreover, it also had questions about how would you handle this situation with a client, etc.
Tips: Before taking this tryout, try and find someone in the same role, be it with someone from another company. Ask them questions about how do they manage different situations, what is expected of them from the company when a certain situation arises, what kind of training do they get before starting the job, etc.
Duration: 1 hour
Total Questions: 45

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I applied via Approached by Company and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Casually discussing about the past and suggesting for attending a training programme before takingup the role.

Interview Preparation Tips

Interview preparation tips for other job seekers - It was a friendly interview.

Financial Advisor Interview Questions & Answers

Deloitte user image Deepakraj Sellavelu

posted on 18 Oct 2022

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Simple aptitude questions were asked.

Round 3 - Technical 

(2 Questions)

  • Q1. Basic questions from DBMS , Networks and simple coding questions
  • Q2. Swap two numbers without using the third variable.
  • Ans. 

    Swap two numbers without using the third variable.

    • Use arithmetic operators to swap the values

    • Addition and subtraction can be used to swap values

    • XOR operator can also be used to swap values

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be strong with the basics of all those topics which you add in your resume.

Skills evaluated in this interview

I applied via Company Website and was interviewed before Dec 2019. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. 1. Sell me a pen?
  • Ans. 

    This pen is not just a writing instrument, but a tool that enhances productivity and professionalism.

    • This pen is designed with a sleek and ergonomic design, providing comfort and ease of use.

    • It uses high-quality ink that ensures smooth and consistent writing.

    • The pen's durable construction guarantees long-lasting performance.

    • It has a convenient clip that allows for easy attachment to pockets or notebooks.

    • The pen's elega...

  • Answered by AI
  • Q2. Sell me a expensive pen?
  • Ans. 

    This pen is not just a writing instrument, it's a statement of style and sophistication.

    • This pen is made of high-quality materials, ensuring durability and longevity.

    • It has a sleek and elegant design that will make you stand out in any professional setting.

    • The pen writes smoothly and effortlessly, providing a luxurious writing experience.

    • It comes in a beautiful presentation box, making it the perfect gift for any occas...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be simple, normal , well prepared & knowledgeable. Also be confident.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Dec 2024. There were 3 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. About current project
  • Q2. Type of issues that I have worked on.
Round 2 - One-on-one 

(2 Questions)

  • Q1. Questions about Oracle payables
  • Q2. About plsql
Round 3 - HR 

(2 Questions)

  • Q1. Current salary and told me about their offer.
  • Q2. Gave me 75% hike also.

Interview Preparation Tips

Interview preparation tips for other job seekers - Learn more are try to do certificates related to your technology.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via AmbitionBox and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

An aptitude test is beneficial for assessing knowledge.

Round 2 - Technical 

(2 Questions)

  • Q1. What is the process for preparing a balance sheet and a profit and loss account?
  • Ans. 

    The process for preparing a balance sheet and a profit and loss account involves gathering financial data, organizing it into categories, calculating totals, and analyzing the results.

    • Gather financial data including assets, liabilities, and equity for the balance sheet.

    • Organize the data into categories such as current assets, fixed assets, current liabilities, etc.

    • Calculate totals for each category to determine the ove...

  • Answered by AI
  • Q2. What is the process for preparing a revenue account?
  • Ans. 

    The process for preparing a revenue account involves recording all income earned by a business during a specific period.

    • Gather all relevant financial documents such as sales invoices, receipts, and bank statements.

    • Calculate the total revenue earned by adding up all income sources.

    • Record the revenue in the appropriate accounting software or ledger.

    • Ensure all revenue is accurately categorized and any adjustments are made...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Dec 2024. There were 6 interview rounds.

Round 1 - Aptitude Test 

⚫Simple and compound interest
⚫ Ratio and proportion

Round 2 - Case Study 

Time management,
Domain knowledge
Understand the case

Round 3 - Group Discussion 

Communication skills
Team work
Critical Thinking
Leadership skills
Time management

Round 4 - HR 

(2 Questions)

  • Q1. Technology and AI
  • Q2. Climate action
Round 5 - Reasoning 

(2 Questions)

  • Q1. If all roses are followers and some followers fade quickly, which of the following can be concluded
  • Q2. What comes next in the sequence: 2, 6, 12, 20, 30, ---?
Round 6 - HR 

(2 Questions)

  • Q1. Tell me about your self
  • Q2. Why do you want to work for our company

Interview Preparation Tips

Interview preparation tips for other job seekers - Focused on relevant skills
Highlights your soft skills
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. What is depreciation?
  • Q2. Full form of COGS ?

Interview Preparation Tips

Interview preparation tips for other job seekers - I had an interview in December, and the manager informed me that HR would connect with me. I was selected, but I have not yet received any call or email from HR for salary discussion. Can anyone assist me?
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(5 Questions)

  • Q1. Explain budgeting
  • Q2. Explain forecasting
  • Q3. Explain revenue recognition
  • Q4. Rent accured ledger entry
  • Q5. Why is asset recognised or depreciated in balance sheet
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Tell me something about yourself
  • Q2. 5 step models for revenue recognition
Round 2 - One-on-one 

(2 Questions)

  • Q1. Do you believe in IC role or team work?
  • Q2. Tell me about your work experience

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