NICE Actimize Business Analyst and Specialist Interview Questions and Answers

Intermediate SQL was asked with little bit of Aptitude

Q1. Rank vs Dense rank vs row number
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Q2. Past projects explanation
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Q1. What was your previous work ex?
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Q1. What is sdlc and uml
Ans. 
SDLC stands for Software Development Life Cycle, which is a process used by software development teams to design, develop, and test high-quality software. UML stands for Unified Modeling Language, which is a standardized modeling language used to visually represent software systems.
• SDLC is a framework that defines the tasks performed at each phase of software development, including planning, analysis, design, implement...read more
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Q2. What is waterfall and agile
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Waterfall and Agile are two different project management methodologies used in software development.
• Waterfall is a linear and sequential approach where each phase must be completed before moving on to the next.

• Agile is an iterative and flexible approach that focuses on delivering small, incremental releases and adapting to changes quickly.

• Waterfall is more suitable for projects with well-defined requirements, while Agi...read more
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It had more sections to solve like aptitude and SQL

They gave a case study to solve and the entire interview was on the case study presentation and work experience related discussion.

Q1. Banking domain specific
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Q2. What are the steps in a mortgage lending process
Ans. 
The mortgage lending process involves several steps from application to closing.
• 1. Application: Borrower submits application with financial information.

• 2. Pre-approval: Lender evaluates borrower's creditworthiness and pre-approves the loan.

• 3. Property appraisal: Lender assesses the value of the property being purchased.

• 4. Underwriting: Lender reviews all documentation and makes a final decision on the loan.

• 5. Approval:...read more
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Q3. What is personal loan
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A personal loan is a type of unsecured loan that is typically used for personal expenses such as home renovations, weddings, or debt consolidation.
• Personal loans are unsecured, meaning they do not require collateral

• They are typically used for personal expenses such as home renovations, weddings, or debt consolidation

• Interest rates on personal loans can vary based on the borrower's credit score and financial history
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Q4. What is account opening
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Account opening is the process of creating a new account with a financial institution or service provider.
• Account opening involves providing personal information, identification documents, and agreeing to terms and conditions.

• It is typically done when opening a bank account, credit card account, investment account, or online account.

• The process may vary depending on the type of account and institution, but generally in...read more
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Q5. What are the main milestones in a project
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Q1. Tell me about yourself
Ans. 
Experienced business analyst with a background in data analysis and process improvement.
• Over 5 years of experience in analyzing business processes and identifying areas for improvement

• Proficient in data analysis tools such as Excel, SQL, and Tableau

• Strong communication skills and ability to work with cross-functional teams

• Certified in Business Analysis Professional (CBAP)

• Previously led a project to streamline inventory...read more
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Q2. Which projects u have worked
Ans. 
I have worked on various projects including system implementation, process improvement, and data analysis.
• Implemented a new CRM system to streamline customer interactions

• Led a team to improve inventory management processes resulting in cost savings

• Conducted data analysis to identify trends and make recommendations for business growth
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Q1. Walk me through your profile
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Q2. Questions will be asked from your profile
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Q3. Difference between brd and fsd
Ans. 
BRD is a high-level document that outlines business requirements. FSD is a detailed document that specifies functional requirements.
• BRD focuses on business needs and goals, while FSD focuses on how the system will meet those needs.

• BRD is usually created by business analysts, while FSD is created by developers and technical teams.

• BRD is less technical and more focused on the big picture, while FSD is highly technical an...read more
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Q4. Contents of brd and fsd
Ans. 
BRD and FSD are documents used in software development to define requirements and specifications.
• BRD stands for Business Requirements Document and outlines the business needs and objectives for a project.

• FSD stands for Functional Specification Document and details the technical requirements and specifications for a project.

• BRD focuses on the business perspective while FSD focuses on the technical perspective.

• Both docum...read more
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