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Merrill Lynch India Technology Services Investment Banking Interview Questions and Answers

Updated 9 Dec 2015

Merrill Lynch India Technology Services Investment Banking Interview Experiences

1 interview found

I applied via Referral

Interview Questionnaire 

5 Questions

  • Q1. Macroeconomics (exchange rate stuff, bit of discussion on monetary policy),
  • Q2. Puzzles(a lot of them)
  • Q3. Derivatives (asked me to price a digital option w/o using term 1 quant stuff)
  • Q4. Deal valuation(in IBD interview), discussion on retail sector(in almost all the rounds since I had worked for online retail firm Amazon.com)
  • Q5. Financial Ratios (last chapter of finacc course)

Interview Preparation Tips

Round: Technical Interview
Experience: I believe they were looking for a lot of enthusiasm, strong desire to join their company and of course an aptitude for finance
Tips: I believe the key is to stay confident because that is what the banks look for. Any signs of panic might kill your chances. There is no right or wrong answer when asked for your view on some issue or market. What they just expect is that you should be able to give reasons for whatever your view is.

Skill Tips: I guess prior knowledge of financial derivatives is a must. It might get a bit difficult otherwise, given the fact that people start talking in terms of delta, gamma and vega right from day 1
Skills:
College Name: IIM Bangalore

Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. What is Company organisation
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. What is the typical interview question?
  • Q2. What is the structure of the basic salary for this position?
  • Q3. What is your job location? Pune
  • Q4. What's the work I am credit card department pune
  • Q5. What is a skill Accounting advance
Round 2 - Accounting 

(2 Questions)

  • Q1. What's besic salery
  • Q2. What s working

Interview Preparation Tips

Interview preparation tips for other job seekers - Accounting advance ms office and tally ERP 9
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected
Round 1 - Technical 

(2 Questions)

  • Q1. Create a. cI/CD Pipe line
  • Ans. 

    Set up a CI/CD pipeline for automated software delivery

    • Choose a CI/CD tool like Jenkins, GitLab CI, or CircleCI

    • Create a repository for your code on a version control system like GitHub

    • Set up a build stage to compile the code and run tests

    • Add a deployment stage to deploy the code to a testing environment

    • Configure automated testing and quality checks in the pipeline

    • Integrate with tools like Docker for containerization an

  • Answered by AI
  • Q2. How to integrate end -end testing in CI/CD pipeline
  • Ans. 

    End-to-end testing can be integrated into CI/CD pipelines by automating test scripts and running them after each code change.

    • Automate end-to-end test scripts using tools like Selenium or Cypress

    • Integrate the automated tests into the CI/CD pipeline to run after each code change

    • Use tools like Jenkins or GitLab CI to trigger the end-to-end tests

    • Monitor test results and failures to ensure code quality and reliability

  • Answered by AI
Round 2 - Technical 

(2 Questions)

  • Q1. Domian credit card knowledge
  • Q2. Standards for payment gateways
  • Ans. 

    Standards for payment gateways ensure secure transactions and data protection.

    • Payment Card Industry Data Security Standard (PCI DSS) compliance is essential for all payment gateways.

    • Encryption protocols like SSL/TLS should be used to protect sensitive information.

    • Tokenization can help prevent fraud by replacing card details with a unique token.

    • Two-factor authentication adds an extra layer of security for transactions.

    • R...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well with domain as well

Skills evaluated in this interview

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Recruitment Consulltant and was interviewed in Nov 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Cloud migration steps
  • Q2. Aws service and database
Round 2 - Technical 

(2 Questions)

  • Q1. Aws sqs details
  • Q2. Posrgresql disadvantages
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Account related
  • Q2. GST
  • Q3. TDS
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is account
  • Q2. GSTR-1 AND GSTR 3B
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. NA.............
  • Q2. NA.............
Round 2 - One-on-one 

(2 Questions)

  • Q1. NA.............
  • Q2. NA.............
Round 3 - HR 

(2 Questions)

  • Q1. NA.............
  • Q2. NA.............
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. What is bad bebt
  • Ans. 

    Bad debt refers to money owed to a company that is unlikely to be paid by the debtor.

    • Bad debt is a financial loss for the company.

    • It is usually the result of customers who are unable or unwilling to pay their debts.

    • Companies often have to write off bad debts as uncollectible.

    • Bad debt can negatively impact a company's financial statements and cash flow.

    • Examples include unpaid invoices, defaulted loans, and overdue payme

  • Answered by AI
  • Q2. What is accounts
  • Ans. 

    Accounts refer to financial records that track the financial activities of a business or individual.

    • Accounts are used to record transactions such as income, expenses, assets, and liabilities.

    • They help in analyzing the financial health of an entity and making informed decisions.

    • Examples of accounts include cash account, accounts receivable, accounts payable, and equity accounts.

  • Answered by AI

Architect Interview Questions & Answers

TCS user image Anonymous

posted on 22 Nov 2024

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

(2 Questions)

  • Q1. What is trigger
  • Ans. 

    A trigger is a special kind of stored procedure that automatically executes when an event occurs in the database management system.

    • Triggers can be used to enforce business rules, maintain referential integrity, or audit changes to data.

    • Examples of triggers include automatically updating a timestamp when a record is modified, preventing deletion of a record based on certain conditions, or sending an email notification w

  • Answered by AI
  • Q2. What is dbms and explain all kinds of normalization in oracle
  • Ans. 

    DBMS stands for Database Management System. Normalization in Oracle is the process of organizing data in a database efficiently.

    • DBMS is a software that manages databases, allowing users to store, retrieve, and manipulate data.

    • Normalization in Oracle involves organizing data into tables and columns to reduce redundancy and improve data integrity.

    • There are different levels of normalization, such as First Normal Form (1NF...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview was easy and ok

Skills evaluated in this interview

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

Position or post calling for specified duties to which an employee is assigned for a definite or indefinite period of time but which has not been designated as a work classification.

Round 2 - One-on-one 

(5 Questions)

  • Q1. What is tha accounts?
  • Ans. 

    Accounts refer to the records of financial transactions of a business or organization.

    • Accounts are used to track income, expenses, assets, and liabilities.

    • They help in analyzing the financial health of a company.

    • Examples of accounts include cash, accounts receivable, inventory, and accounts payable.

  • Answered by AI
  • Q2. What is tha payable and receivable
  • Ans. 

    Payable and receivable refer to amounts owed by a company (payable) and amounts owed to a company (receivable).

    • Payable refers to money owed by a company to its suppliers or vendors

    • Receivable refers to money owed to a company by its customers or clients

    • Payable and receivable are recorded on a company's balance sheet

    • Examples: Accounts payable, accounts receivable

  • Answered by AI
  • Q3. What is TDS ?
  • Ans. 

    TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.

    • TDS is a form of advance tax which ensures that the government receives tax revenue in advance.

    • It is applicable to various payments such as salary, interest, commission, rent, etc.

    • The deducted TDS amount is then deposited with the government on behalf of the recipient.

    • TDS rates vary depending on the...

  • Answered by AI
  • Q4. What is tally used for ?
  • Ans. 

    Tally is a software used for accounting and financial management.

    • Tally is used for recording financial transactions.

    • It helps in managing accounts, generating reports, and analyzing data.

    • Tally is commonly used by businesses for bookkeeping and tax compliance.

    • It can also be used for inventory management and payroll processing.

  • Answered by AI
  • Q5. What is tally skills?
  • Ans. 

    Tally skills refer to proficiency in using Tally software for accounting purposes.

    • Tally skills involve knowledge of creating and managing accounts, generating financial reports, and performing audits.

    • Proficiency in data entry, reconciliation, and inventory management using Tally is essential.

    • Examples of Tally skills include creating ledgers, recording transactions, and generating balance sheets.

    • Knowledge of shortcuts a...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Accounts

Skills evaluated in this interview

Merrill Lynch India Technology Services Interview FAQs

What are the top questions asked in Merrill Lynch India Technology Services Investment Banking interview?

Some of the top questions asked at the Merrill Lynch India Technology Services Investment Banking interview -

  1. deal valuation(in IBD interview), discussion on retail sector(in almost all the...read more
  2. derivatives (asked me to price a digital option w/o using term 1 quant stu...read more
  3. macroeconomics (exchange rate stuff, bit of discussion on monetary polic...read more

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