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SIM ADVISORY Interview Questions and Answers
SIM ADVISORY Interview Experiences
3 interviews found
Anonymous
I applied via IIM Jobs and was interviewed before Nov 2021. There were 4 interview rounds.
Prepare a presentation on data set provided by the company.
(2 Questions)
- Q1. Walkthrough of the resume
- Ans.
I have a diverse background with experience in management consulting, project management, and business development.
Bachelor's degree in Business Administration with a focus on strategic management
Worked as a management consultant at XYZ Consulting, where I led a team in developing and implementing cost-saving strategies for a client in the manufacturing industry
Managed multiple projects simultaneously, ensuring timely ...
- Q2. Guesstimate: calculate number of delivery vans required by grocery company
- Ans.
A grocery company needs to estimate the number of delivery vans required.
Determine the number of daily orders and average order size
Calculate the distance between the warehouse and delivery locations
Consider traffic patterns and delivery time windows
Factor in maintenance and repair costs for the vans
Account for seasonal fluctuations in demand
Consider the company's growth plans and potential expansion into new areas
(3 Questions)
- Q1. Walkthrough of the resume
- Ans.
I will provide a walkthrough of my resume, highlighting key experiences and achievements.
Bachelor's degree in Business Administration from XYZ University
Internship at ABC Consulting, where I assisted in market research and data analysis
Worked as a project coordinator at DEF Company, managing cross-functional teams and ensuring project deliverables
Led a team of five as a volunteer coordinator at GHI Nonprofit Organizati...
- Q2. Discussion based on case study presentation submitted
- Q3. Puzzle questions: estimate no of digits in 2^12
Interview Preparation Tips
Associate Managing Consultant Interview Questions asked at other Companies
I applied via IIM Jobs and was interviewed before Sep 2021. There were 3 interview rounds.
Test on Excel and Python regarding data manipulation
(1 Question)
- Q1. A bee is travelling between 2 trains approaching each other, find the distance travelled by the bee until the 2 trains collide.
- Ans.
The distance travelled by the bee is dependent on the speed of the trains and the speed of the bee.
Calculate the relative speed of the trains
Use the relative speed to calculate the time until the trains collide
Multiply the time by the speed of the bee to get the distance travelled by the bee
Interview Preparation Tips
Questions on previous work ex and resume
Business Analyst Interview Questions asked at other Companies
I applied via Campus Placement and was interviewed before May 2021. There were 2 interview rounds.
Basic Excel Assignment
(1 Question)
- Q1. General HR questions, strength and weaknesses, points on CV etc.
Interview Preparation Tips
- Cases
Business Analyst Interview Questions asked at other Companies
Interview questions from similar companies
I applied via Walk-in and was interviewed before Nov 2019. There were 4 interview rounds.
Interview Preparation Tips
I applied via Referral and was interviewed before Oct 2020. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. What is requirement management
- Ans.
Requirement management is the process of identifying, documenting, prioritizing, and tracking requirements throughout the project lifecycle.
It involves gathering and analyzing requirements from stakeholders
Prioritizing requirements based on business value and feasibility
Documenting requirements in a clear and concise manner
Tracking requirements throughout the project to ensure they are met
Examples include creating a re...
- Q2. Requirement management is the process of eliciting Requirements and anlysing them to firm a solution
Interview Preparation Tips
Interview Questionnaire
2 Questions
- Q1. Why Should I hire you?
- Q2. Well, Based on Job Description.. I found that I have relevant experience which will help this organization to complete their goal as well as good growth for my career.
Interview Questionnaire
6 Questions
- Q1. CASE 1: A boiler manufacturer wants to go global, how should he go about doing it?
- Q2. Tell me about yourself
- Ans.
I am a highly motivated and detail-oriented business analyst with experience in data analysis and project management.
Experienced in data analysis and project management
Highly motivated and detail-oriented
Strong communication and problem-solving skills
Proficient in various analytical tools such as Excel, SQL, and Tableau
- Q3. Why consulting/business?
- Ans.
Consulting/business offers diverse challenges and opportunities to solve complex problems and drive impactful change.
Opportunity to work with a variety of clients and industries
Ability to solve complex problems and drive impactful change
Continuous learning and development
Exposure to different business models and strategies
Opportunity to work with talented and diverse teams
- Q4. Why don't you want to do research?
- Ans.
I never said I don't want to do research. In fact, research is an integral part of my job as a Business Analyst.
I never said I don't want to do research, I just want to clarify any misunderstandings.
Research is an essential part of my job as a Business Analyst.
I enjoy conducting research and analyzing data to provide valuable insights.
I believe that research is crucial in making informed decisions and driving business ...
- Q5. Don't you like aerospace?
- Ans.
Yes, I do like aerospace.
I find the advancements in aerospace technology fascinating.
I enjoy learning about the different types of aircraft and their capabilities.
I appreciate the importance of the aerospace industry in our economy and national security.
For example, I recently read about the successful test flight of SpaceX's Crew Dragon spacecraft and was impressed by the level of innovation and engineering involved.
- Q6. CASE 2: Some airline flies from Mango to NY. Should it shift to some other route?
- Ans.
It depends on various factors such as demand, competition, profitability, and operational feasibility.
Analyze the demand for the current route and potential demand for other routes
Evaluate the competition on the current route and other potential routes
Assess the profitability of the current route and potential routes
Consider the operational feasibility of shifting to another route
Examples of potential routes could be M
Interview Preparation Tips
Experience: CASE 1:
I started by trying to get the prerequisites of going global demand, type and size of market, capital, project differentiation, management, logistics. My major mistake was delving too much into depth.
CASE 2:
He asked how you increased revenues?
I said....Everything depends on the elasticity of demand. You might want to increase sales or increase prices and reduce sales. Then he said, we increase prices or demand and assume the other to be constant.
How do you increase prices?
I said you just quote a higher price. Then he said that there are different seats in an airplane. That kind of tinkering you can always do even if you want to keep the revenues same
Tips: 1.In the about yourself questions you can either give an overview of your resume or tell them something more general.
2.You will be asked about your biggest academic achievment.
3.Don't be so cool to the extent of being casual.
4.Don't prepare answers.
General Tips: 1.Attend PPTs and listen very carefully.
2.Be sure to find out what you will be doing in the company.
3.Don't try and squeeze too much in your resume.
Skill Tips: 1. For case studies thereis a lot of stuff on the LAN and on the internet.
2. It's better to do these in groups.
College Name: IIT BOMBAY
Interview Questionnaire
5 Questions
- Q1. CASE 1: Estimate the consumption of vodka in bombay
- Ans.
Estimate vodka consumption in Bombay.
Gather data on population demographics, alcohol consumption patterns, and sales data.
Use statistical analysis to estimate consumption based on available data.
Consider factors such as income levels, cultural attitudes towards alcohol, and availability of vodka.
Compare estimates to similar cities or regions for context.
Adjust estimates based on any unique factors specific to Bombay.
Co...
- Q2. Q1: Why consultancy?
- Ans.
Consultancy offers diverse opportunities to work with different clients and industries, and to constantly learn and grow as a professional.
Consultancy provides exposure to various industries and clients, allowing for a diverse range of experiences and challenges.
Working as a consultant requires constant learning and adaptation to new situations, which can be intellectually stimulating.
Consultancy offers the opportunity...
- Q3. Q2: What will you do if all consultants die one fine morning?
- Ans.
I would assess the impact on the project and identify alternative solutions.
Assess the impact of the loss of consultants on the project timeline and deliverables
Identify alternative solutions such as hiring new consultants, redistributing work among existing team members, or outsourcing work
Communicate with stakeholders and project sponsors to keep them informed of the situation and proposed solutions
- Q4. CASE 2: How to go about starting an airline
- Ans.
Starting an airline requires extensive planning, research, and investment.
Conduct market research to identify demand and competition
Develop a business plan including financial projections
Obtain necessary licenses and permits
Acquire or lease aircrafts and hire staff
Establish partnerships with suppliers and vendors
Implement marketing and advertising strategies
Ensure compliance with safety regulations and industry standar
- Q5. Why not research?
- Ans.
Research is important, but I am more interested in analyzing and solving business problems.
I enjoy working with data and finding insights to improve business processes
I am skilled in identifying patterns and trends in data
I prefer to focus on practical solutions rather than theoretical research
I believe my strengths lie in problem-solving and decision-making
For example, in my previous role as a business analyst, I anal...
Interview Preparation Tips
Experience: CASE 1:
I took a long time to do this one. The interviewer was not helpful and that slowed down my response. I had only discussed the consumption of vodka by women when she asked me to stop.
CASE 2:
There was no real case here. The interviewer wanted me to discuss how to go about starting an airline.He asked me to estimate the no. of passengers.
Round: HR Interview
Experience: 1. Questions regarding my projects and internships were asked.
2. A large part of the interview was devoted to "McKinsey vs its competition.
Skill Tips: 1.Attend PPTs of all the companies that you are interested in.
2.Don't exaggerate in your resume.
3.Case studies is a must for consultancies.
College Name: IIT BOMBAY
Interview Preparation Tips
Experience: McKinsey looks for a spike in your resume, people who have commendable achievements is their field of choice, academics, extra curriculars or sports. So be sure to make your resume accordingly. McKinsey adds a lot of weight-age to formal awards, scholarships, achievements (like inter-IIT) etc. But if you don't have them (like me) you just have to make extra effort to show that you have equivalent achievements.
Round: Interview
Experience: First, I was asked about myself and mostly my connection to dance and the dance club. (Some interviewers do this to make you comfortable at the same time analyzing your personality). In the first interview I was given an estimation case about the dish TV industry. Here the interviewer was mostly interested in my approach to solving the problem and if applicable my numerical skills.
The second interview was a pure business case about the printing business. Here my creativity and business sense (read common sense as applicable to a business situation) was put to test.
Tips: McKinsey interviews are mostly case study based. So prepare accordingly. Once you get shortlisted they send you a ton of material, search for a “Vault” case book amongst this pile. Reading that should be enough ;). First read the basic material by you and once you are confident enough make a group of around 3 people and practice case studies.
I guess this job opportunity meant a lot to all of us and it did to me too. I became nervous and that severely affected my performance and moreover I looked under confident. Take on every interview as if that job doesn't mean anything to you.
General Tips: Internship: (attention third year people!)
When it comes to the placement interview, internships play pivotal role. There are rarely any interviews where the interviewee isn't drilled on their internships. So, please don‟t treat an internship as a paid vacation. Good work done during the internship gives one the confidence that can very well bowl the interviewer over (as it did in my case :D). Believe me confidence does much more than get you a job; it determines success and failure in most
undertakings. Internship gives you the first chance to build that up … use it!
Pre Placement Talks:
Please attend the ppts of at least those companies which fall into your sector of interest. At ppts you get to see a lot more things than the boring presentations and the pay package. Most companies bring along with them alumni who have spent a few years in the company. Observing or interacting with them will give you a good assessment of what you are going to be a few years from now if you join that company. For example I observed that alumni of XYZ Company were not as upbeat and confident as alumni of ABC Company (names have
been hidden on request ;) ) even if XYZ was paying plenty more than ABC. I knew then and there that I would want to join ABC and never applied to XYZ. Be sure to utilize them and be sure to clear all your doubts and conceptions. Once you start attending presentations you will observe junta asking questions just to score brownie points with the speaker. Believe me it won't help one bit in landing them a job!
Resumes:
Making an appealing resume is the single most important step in the placement process and IITK is notorious for its bad resumes, so attend workshops. Like most IITK junta I sucked at making a resume (and still do), but whatever little skill I have, I got through workshops. One workshop I would advise everyone to attend is the resume making workshop of McKinsey. Get your resumes checked and edited by those who have been through placement especially by those from other IITs (I know this will hurt a lot of egos, but IITB's resumes are some of the best. Those dudes have mastered the art of making an impact with whatever little they've got, while we excel at doing exactly the opposite :P). Prepare an impactful resume and don't submit the same resume to every company, make changes based on the profile.
College Name: IIT KANPUR
Interview Preparation Tips
Experience: Since, first short listing was done on the basis of resumes, so again it’s very important to highlight some spike in your career in the best possible way.
Round: HR Interview
Experience: The interview had 2 rounds initially after which one shortlist was given. In the first one, after asking some questions from my resume, like why consulting, about internship,etc..I was asked a case to estimate the washing machine market of India..I was asked to think and come up with some answer and take as much time as I want. I just focused domestic market but was then asked to look for industries also L...I lost some track here and was not able to clearly see what is the market to washing machines as far as industries are concerned apart from textiles...then I was asked to list out the factors of buying a new washing machine, I said the obvious ones and then was asked to come up with a number depicting the number of machines which will be sold next year..I was not at my best but somehow got some answer which the interviewer said is ok and the interview ended up in 30 minutes.
Round: HR Interview
Experience: Later on, for the second interview, a partner called me in. He asked me about my pre IIT experiences and about my family background. Then he gave me simple case to calculate the number of cricket bats sold per year in India and then the market of this commodity. I did the case quickly and told him the steps and final answer which he said that that looked somewhat on the lower side and then asked me to leave. I asked me some questions and the interview was over in 15 minutes!!! L...shortlist came and I was not there.
College Name: IIT KANPUR
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