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Ocean Palms Analyst Interview Questions and Answers
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Anonymous
I applied via Approached by Company and was interviewed in Sep 2023. There was 1 interview round.
(2 Questions)
- Q1. Salary expectation
- Q2. My previous roles
Interview Preparation Tips
- Analytics
(1 Question)
- Q1. What is difference between bonds and equity
- Ans.
Bonds are debt instruments issued by companies or governments, while equity represents ownership in a company.
Bonds are loans made by investors to companies or governments, who promise to repay the principal amount with interest.
Equity represents ownership in a company and gives shareholders the right to vote on company matters and receive a share of profits.
Bonds have a fixed maturity date, while equity has no maturit...
(1 Question)
- Q1. What is your strength and weekness
Interview Preparation Tips
I applied via Company Website and was interviewed before Oct 2020. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Typical get to know you and behavioural questions
Interview Preparation Tips
(2 Questions)
- Q1. What is Virtualization
- Ans.
Virtualization is the creation of a virtual version of something, such as an operating system, a server, a storage device, or network resources.
Virtualization allows multiple operating systems to run on a single physical machine
It enables better utilization of hardware resources
Examples include VMware, Hyper-V, and VirtualBox
- Q2. What is hypervisorsss
- Ans.
A hypervisor is a software that creates and manages virtual machines on a physical server.
It allows multiple operating systems to run on a single physical machine
It provides isolation and security between virtual machines
Examples include VMware, Hyper-V, and KVM
(1 Question)
- Q1. Normal basic questions
Interview Preparation Tips
Skills evaluated in this interview
Interview Questionnaire
3 Questions
- Q1. A situation where you had to take expertise from someone and why?
- Ans.
Yes
I had to take expertise from a senior analyst to understand a complex financial model.
I sought guidance from a subject matter expert to interpret a new regulatory requirement.
I collaborated with a data scientist to analyze and interpret a large dataset.
I consulted with a software engineer to troubleshoot a technical issue in a data analysis tool.
- Q2. A situation where you were not able to meet the deadline of your work and finally what was the response you got for your work?
- Q3. A situation where you had to do a thing which you had no prior knowledge about and what was the result?
Interview Preparation Tips
Experience: The questions were related to Data Interpretation. I felt severe time constraint in the paper.
Tips: Selectivity among the questions proved beneficial in clearing the cut-off.
Duration: 60 minutes
Total Questions: 30
Round: Case Study Interview
Experience: Preliminary(Long before Placement Season)
It was a 10-minute one on one interview. They had given the link for few practice case-studies. The Case Study given at their website is the most important one. It helps you understand the standard approach they look for in a candidate.
Round: Case Study Interview
Experience: This was a 50-minute interview during the placement season.
Round: Case Study Interview
Experience: This was a 20-minute interview. It was a case interview similar to the first one.
Round: HR Interview
Experience: It was a behavioral Interview.
Tips: Questions were expected to be answered in detail.
College Name: IIT KANPUR
I applied via Campus Placement and was interviewed in Feb 2022. There were 2 interview rounds.
Interview Preparation Tips
- Java
Interview Questionnaire
3 Questions
- Q1. Explain the basic profit-loss for a pizza delivery service
- Ans.
A pizza delivery service's profit-loss is determined by the cost of ingredients, labor, and delivery expenses subtracted from revenue.
Revenue is generated by the sale of pizzas and any additional items such as drinks or sides
Cost of ingredients includes the cost of dough, sauce, cheese, and toppings
Labor costs include wages for delivery drivers and in-store staff
Delivery expenses include gas, insurance, and vehicle mai...
- Q2. Plot a graph of the variation in the selling price for certain profits
- Ans.
A graph showing the relationship between selling price and profits.
Create a scatter plot with profits on the x-axis and selling price on the y-axis
Use different colors or shapes to represent different products or time periods
Add a trendline to show the overall relationship between the variables
- Q3. Explain case on the credit card industry
- Ans.
The credit card industry is highly competitive and constantly evolving, with companies offering various rewards and benefits to attract customers.
Credit card companies offer rewards and benefits to attract customers
The industry is highly competitive and constantly evolving
Credit card fraud is a major concern for both companies and customers
Regulations such as the CARD Act have impacted the industry
The COVID-19 pandemic...
Interview Preparation Tips
Experience: I actually made one mistake in my calculations, but was able to identify it on my own and eventually correct it.
Round: HR Interview
Experience: This interview went really well for me – mainly because I had prepared really pretty well for questions to ask the company after going through their site and discussing it with my friends – so I had 4 good questions to ask them. What also helped me was that I could take 2 very big things off my resume to talk about when asked about my experience in a specific HR situation. After I mentioned the outline of my experience in both situations I was asked 5-6 more probing questions to find out more about the incident and I answered them pretty well.
Round: Case Study Interview
Experience: It involved a lot of calculations. There were 3 different credit card offers with different costs and profits and we had to choose the best offer for the company. I was told later that my formulation of the problem was good since I set it up and then just put the numbers in the same setup to get the answers.
Skill Tips: a) DONOT lie in your resume
b) Know your resume through and through – you should be able to take 5 minutes on even the most insignificant point of your resume
c) Make it as balanced as possible (in terms of academic, extra curricular, etc)
d) Put specific thought into the words used for all your points – don’t be generic anywhere.
College Name: IIT BOMBAY
I applied via Referral and was interviewed in Apr 2021. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. Product analysis, false queries,
- Q2. None,justvsome was busy and management was not coming out
Interview Preparation Tips
Interview Preparation Tips
Experience: DI based questions were asked. Guys preparing for CAT will breeze through the test. Just make a note that the cutoff of Cap One Test is pretty high (Around 22). So try and attempt as many questions as possible.
Duration: 30-45 minutes
Total Questions: 30
Round: Interview
Experience: It was a general HR cum Case interview.
I had done my internship in one of the analytics companies. So, he seemed interested in the project I had done. Then there was a case “I had to estimate the profitability of a car loan in the city of Texas. Given was the population of
Texas and the Loan amount. Any further data required was to be asked.
Tips: I had breezed through one of my mock interviews a couple of days ago. So I got a bit over confident and made calculation mistakes. These guys are edgy about calculation mistakes and don’t expect you to commit one. So be a bit careful while solving a case.
General Tips: I would like to start this article by telling you something about your major concern, and that is “Will this economic crisis has a telling effect on your job prospects ?”. And the answer is both Yes and No. I am a 5th year Mathematics student and have closely seen the placements of 3 batches and from my experience, I can surely say that “One who prepares well , gets through, No matter how tough the situation is". It happened with my batch and your batch won’t be an exception (Unless a catastrophe happens).
Dilemma:
Most of you guys sitting for placement shall be in your 7th semester which is considered to be one of the most hectic of all the semesters. Many of you might be preparing for CAT, others for GRE, some of you would have got a tough guide for your final year project. So you need to prioritize things. You need to think it through; “A Realistic Self Analysis” always helps.
I’ll share what I did. I did join coaching classes for CAT but my first priority always was placements and accordingly I planned and executed things. Getting a 99+ percentile and then clearing the GD and PI’s was too much of a risk for me to take. So this might be one of the better times to go for your MBA but always have other options ready just in case.
Resume for Analytics Companies:
Most of the analytics companies have a lot of Statistical Analysis and Data Management work. So, candidates having an experience in Data handling are preferred. If some project of yours involved Data Handling, mention it in detail. If you have done some of the applied Statistics courses in the Maths/IME department, mention it in your resume.
College Name: IIT KANPUR
Interview Preparation Tips
Experience: First step involved writing down everything that I had accomplished in my tenure at IITB. Then, grading each point on the basis of accomplishment and innovation involved along with details in about 4-5 lines. Carefully went through 10 resumes from the previous year to get an idea of the prevailing format. Prepared a resume and got the feedback from 4- 5 people and then on the basis of the feedback finalized the resume. I attended the Pre-Placement talks of companies, I was interested in. It was a good exposure for understanding the skill sets and the values that companies were looking for in a candidate and the possible future paths in the organisation. The talks also helped in increasing the overall awareness about the different companies
.
Round: Test
Experience: a) Written DI based test with emphasis on interpreting graphs, calculating percentages etc. 100 people shortlisted. Candidates go through psychometric test
Tips: Interview preparation was best done in groups of 2-3 at a time: One interviewer, one interviewee and one observer. Tests were best prepared for by referring to the CAT study material
Round: Case Study Interview
Experience: c) ~40 people selected after this stage d) 3-4 interviews –first case study , second HR , third and fourth case study. 3 people made final offers. a) First case study involved understanding the details of two marketing strategies. Then, comparing the effectiveness of the two in terms of revenue generated incase of limited budget and in case of specific no. of customers to be contacted. The final task involved calculating the point at which transition occurred in effectiveness for the two strategies for the two cases.
Round: HR Interview
Experience: b) Second interview consisted of HR questions like a. Why capital one? b. Why not research? c. An instance of working under time and resource constraints? d. An instance of leadership. e. An instance of innovation and thought leadership.
Round: Case Study Interview
Experience: c) Third interview was again a case study involving credit card strategies. The task involved calculating the effect of reduction in the credit limit or an increase in the rate of lending for high risk customers. In both the cases, it was required to calculate the % reduction in customers for the profit to remain same. Then a question was asked regarding which strategy I thought was better and how would I decide it? Note: Capital one case studies are simple mathematical case studies with a focus on understanding and calculations. These are different from the ones asked by consultancy companies like Mckinsey BCG etc. where the candidate is expected to ask the right questions before supplying any data. All the data for case studies in Capital one is provided at the start itself. If someone wants to appear for this company, what all should he/she ideally prepare? Someone preparing for Capital One should practice numerical case studies like the ones gives in Tucks Case study book 2002. They should also try the case studies available on the capital one website. Its important to prepare the HR based questions well because they might ultimately decide whether you are in or out. Another important advice is that you should think aloud while solving the case studies. It helps a lot in avoiding silly mistakes as well as in keeping the interviewer interested.
College Name: IIT BOMBAY
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