Nitor Infotech, an Ascendion company Associate Interview Questions and Answers

Q1. Explain random forest
Ans. 
Random forest is an ensemble learning method that builds multiple decision trees and merges them to improve accuracy and prevent overfitting.
• Random forest is a type of ensemble learning method.

• It builds multiple decision trees during training.

• Each tree is built using a subset of the training data and a random subset of features.

• The final prediction is made by averaging the predictions of all the individual trees.

• Random...read more
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Q2. What is boosting
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Boosting is a machine learning ensemble technique where multiple weak learners are combined to create a strong learner.
• Boosting is an iterative process where each weak learner is trained based on the errors of the previous learners.

• Examples of boosting algorithms include AdaBoost, Gradient Boosting, and XGBoost.

• Boosting is used to improve the accuracy of models and reduce bias and variance.
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Q1. What do you understand by Mutual funds?
Ans. 
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent their ownership in the fund's portfolio.

• Mutual funds offer diversification, liquidity, and professional management to invest...read more
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Q2. General rules of accounting?
Ans. 
General rules of accounting include consistency, relevance, reliability, and comparability.
• Consistency: Accounting methods should be applied consistently from one period to another.

• Relevance: Financial information should be relevant to the decision-making needs of users.

• Reliability: Financial information should be reliable and free from bias or error.

• Comparability: Financial information should be comparable across diff...read more
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Q3. Understanding of investment banking?
Ans. 
Investment banking involves providing financial services to corporations, governments, and other institutions, including raising capital, mergers and acquisitions, and advisory services.
• Facilitates capital raising for corporations through issuing stocks and bonds

• Assists in mergers and acquisitions by advising on deals and facilitating transactions

• Provides financial advisory services to clients on various strategic matt...read more
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Q4. General question about experience/family/yourself.
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Some mcq questions and coding question. Both where easy to medium level. Prepare combination/permutation/Time complexity etc

A question related to Binary search and some other follow ups.

Q1. Reason for switch
Ans. 
I switched jobs to pursue new challenges and opportunities for growth.
• Seeking new challenges and opportunities for personal and professional growth

• Desire for a change in work environment or company culture

• Interest in exploring different industries or roles

• Wanted to learn new skills or gain more experience

• Looking for better work-life balance or compensation

• Example: I wanted to switch to a company that values innovation ...read more
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Q2. Job satisfaction
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Q3. Salary negotiation
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Q4. Domain expertise
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Q5. Comfortable for shift timing
Ans. 
I am comfortable with shift timings and can adapt to different schedules.
• I have experience working various shifts in previous roles

• I am flexible and can adjust my schedule as needed

• I understand the importance of being reliable and punctual in a shift-based job
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Q1. They focusing on communication and ask capital markets, derivatives related questions.
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Q1. Mutual fund, hedge fund, private equity, etf, performance fee, management fee, NAV calculation.
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Q1. Same as technical and ask some behavioural questions.
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Q1. Technical terms from jd
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Q1. Behaviour and previous company related questions
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Basic speaking test, english

Q1. What is your analysis of the graphs?
Ans. 
The graphs show a steady increase in sales over the past year.
• Sales have been consistently rising month over month.

• There was a significant spike in sales during the holiday season.

• The overall trend is positive and indicates growth in the business.
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Q1. Org fit check questions
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