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Sionic Advisors Interview Questions and Answers
Sionic Advisors Interview Experiences
2 interviews found
Anonymous
Selected
I applied via Approached by Company and was interviewed before Oct 2022. There were 3 interview rounds.
(2 Questions)
- Q1. Derivatives markets
- Q2. Derivatives Products
(1 Question)
- Q1. Derivatives Products
Senior Consultant Interview Questions asked at other Companies
Interview Questionnaire
2 Questions
- Q1. Technical as well as non technical
- Q2. Show you intention to work on New technologies as well as scenario based question answer
Interview Preparation Tips
Senior Consultant Interview Questions asked at other Companies
Interview questions from similar companies
Madhur Malik
I applied via Walk-in
Interview Questionnaire
2 Questions
- Q1. A retailer needs to set up warehouses. Should he hire a logistics provider or should he do it himself. How would you analyse the same? If he cannot find a good enough logistics provider, what should he do?
- Ans.
The decision to hire a logistics provider or set up warehouses depends on various factors.
Analyse the retailer's business requirements, budget, and expertise in logistics.
Consider the cost-benefit analysis of hiring a logistics provider versus setting up warehouses.
Evaluate the logistics provider's capabilities, experience, and reputation before making a decision.
If a good logistics provider cannot be found, explore al...
- Q2. How would you measure the number of windows in Delhi
- Ans.
Count the number of windows in Delhi by dividing the city into smaller areas and conducting a sample survey.
Divide Delhi into smaller areas
Conduct a sample survey in each area to count the number of windows in a few buildings
Calculate the average number of windows per building in each area
Multiply the average by the total number of buildings in the area to estimate the total number of windows
Add up the estimates from e...
Interview Preparation Tips
Experience: I said I would analyse the costs, but as per my personal experience, until and unless the retailer intends to get into the logistics business, he should hire an external logistics provider, since it makes sense to concentrate in the core, and outsource the non-core activities.
Round: Case Study Interview
Experience: I said I would take the population of Delhi and find out the working population and the non-working population. For the non-working, I would estimate the number of households taking an average of 4 people per household. And then an estimate on the number of windows per house. Taking the number of working people, I would further divide them into people working in different sizes of workplaces, and then estimate the no of establishments and the no of windows in each establishment.
Tips: Be confident.
Skills: Case Solving Ability, Case Analysis, Guesstimate Skills
College Name: Indian School Of Business (ISB)
I applied via Walk-in
Interview Questionnaire
3 Questions
- Q1. A North American telecom operator wants to enter the Indian market. They hire you as a consultant. How would you go about helping them in making a decision? And also how can they enter the market?
- Ans.
As a consultant, I would analyze the Indian telecom market and provide a market entry strategy for the North American operator.
Conduct a market analysis to understand the current telecom landscape in India
Identify potential competitors and their market share
Assess regulatory and legal requirements for foreign telecom operators
Evaluate the demand for telecom services in different regions of India
Develop a market entry s...
- Q2. Mini case - You are consulting for a top investment bank. You need to help them in deciding what all processes to outsource. Mention a criteria that can be used to outsource?
- Ans.
Criteria for outsourcing processes for an investment bank
Identify non-core processes that can be outsourced
Consider cost savings and efficiency gains
Evaluate vendor capabilities and track record
Assess potential risks and impact on data security
Ensure alignment with company culture and values
- Q3. Estimate the petrol utilization in Mumbai in a year.
- Ans.
It is difficult to estimate the petrol utilization in Mumbai in a year due to various factors.
Petrol utilization depends on various factors such as population, number of vehicles, fuel efficiency, traffic conditions, etc.
Data on the number of vehicles and their fuel efficiency can be used to estimate petrol utilization.
Petrol utilization may vary based on the time of the year, such as during monsoon season or festivals...
Interview Preparation Tips
Experience: In this market entry case, I started with the industry analysis in terms of size, profitability, growth potential etc. Then I went on to do the competitor, customer and company analysis (if it can leverage its existing strengths in the Indian market). I spoke about the regulatory issues too. The interviewer cut me short in the analysis and wanted me to focus on the ways the operators can go about the entry in any market and the ways it has been done in India. Here I spoke about options like MVNO (not allowed in India)/ partnership/ JV/acquisition etc. Next she asked me to determine the segment this telco should target. I spoke about the Indian Telecom scenario. The penetration in Urban and rural areas. Also given that this telco has more competencies in dealing with the youth segment in North America, this might be a good segment to target initially. I identified other reasons for this. In the end we had a discussion on the recent entry of Virgin mobile in the Indian market and how they are targeting the Youth segment. In this case along with the use of framework, I was also tested on my understanding of the Indian telecom market. I have prior experience in Telecom. The interviewer was also interested in the implementation issues.
I started by mentioning how the core and non-core activities can be used as a criteria for outsourcing. Then she wanted me to identify the non core processes for an investment bank. Some of the processes I identified were Non core - procurement, financial accounting, human resources, reporting, some part of IT etc.
Tips: I was being interviewed for the Telecom, Technology and the Outsourcing vertical. This was reflected in the cases. So knowledge of the sectors you are applying to helps a lot.
Round: Case Study Interview
Experience: It was a market size estimation case. I approached it by estimating the number of families in Mumbai from its population. Then I segmented the market based on income level and for each segment assumed a “vehicle per family” ratio (both for 2 wheelers and 4 wheelers). Then I assumed the average distance covered for each category and the mileage.
Tips: Be systematic in estimation cases and state each assumption clearly. Practice prevents us from making arbitrary assumptions.
Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)
I applied via Walk-in
Interview Questionnaire
1 Question
- Q1. I was given an eight pages case write up about a hospital chain in India which was experiencing low assets utilization and stagnant revenues.
Interview Preparation Tips
Experience: The case write up was well written and quite comprehensive so he asked me start with my gut feeling of what was going wrong with the hospital chain. As all of the information was already given to me in the case, I did following things before moving into the interview room: Broke the case analysis in four standard parts: Defined the Problem: A hospital chain which provides treatment to the lower end diseases (non lifestyle diseases such as diabetes, heart related diseases etc.) is experiencing a decline in sales/revenues over the period of last four years. (All the information was given in the write up). Structure: The structure I applied was: Sales are defined: ∑ PI * Qi where Q = number of patients*average patient days and price was price charged per patient. And I stand for different diseases which the hospital serves. I told him that we would we analysing these three components for the client, the completion and the customer preferences. Before proceeding to using the structure, I asked him whether the proposed structure covered everything or there was any critical piece which he thought might be important for the discussion but I missed out, He appreciated my structure and complimented me for coming with such a nice structure☺. Then, he told me that, before I move on to apply the structure, what are the different ways we can break up the revenue so I told him the following ways:
1. By diseases the client serves.
2. By types of customers: demographic, psychological, economic parameters based segmentation.
3. By referral and non-referral patients. (this point came out after he directed me towards this but once I mentioned this he seemed quite happy ☺).
Then we moved on to third part, issue analysis and based on whatever notes I had made from the case write-up, We came to the conclusion that
1. The healthcare market was booming in the life style related diseases which generates higher revenues. The other two competitors had already moved to treating theses diseases.
2. The client was focusing only on the local customers which were quite price sensitive while there was a huge opportunity in the global and medical tourism market where the competitors had already moved in.
3. Insurance companies were playing a significant role in the decision making process of the patients and the client lacked strong partnership with the top firms in this market. All this information was given in the case and I did a good thing of making notes of all these points which came very handy during our discussion.
Finally I recommended the client to:
1. Enter into the life style disease treatment market.
2. Focus on global brand building and attracting pan India and foreign customers.
3. Get into strategic partnership with insurance companies to attract more new and high potential customers.
Tips: Do prepare for such case write up based interviews. As a group, we made cases from our work experiences which actually helped a lot in knowing industries well.
Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)
I applied via Walk-in
Interview Questionnaire
3 Questions
- Q1. P&G has acquired Gillette and is looking for cost reduction across logistics & supply chain. How would you advise them?
- Ans.
Advise P&G on cost reduction in logistics & supply chain after acquiring Gillette.
Conduct a thorough analysis of the current logistics & supply chain processes to identify areas of improvement.
Explore options for optimizing transportation routes and modes to reduce costs.
Implement a demand-driven supply chain strategy to reduce inventory and improve efficiency.
Leverage technology such as automation and data analytics t...
- Q2. How would you leverage E&Y strengths to help telecom companies grow their enterprise business?
- Ans.
E&Y strengths can be leveraged to help telecom companies grow their enterprise business by...
Providing strategic consulting services to identify growth opportunities and develop effective business strategies
Offering financial advisory services to help telecom companies secure funding for expansion and investment in new technologies
Leveraging E&Y's global network to connect telecom companies with potential partners and ...
- Q3. What are the 2 key areas that would help Indian IT companies remain competitive
- Ans.
Investing in innovation and upskilling employees are key areas for Indian IT companies to remain competitive.
Investing in research and development to create innovative solutions
Upskilling employees to keep up with emerging technologies
Focusing on customer-centric approach to deliver personalized solutions
Adopting agile methodologies to improve efficiency and speed of delivery
Collaborating with startups and other compan...
Interview Preparation Tips
Experience: I asked a couple of clarifying questions: Does P&G manufacture/market shaving products? Answer: No. Is the integration complete (I got a vague response for this)? Are we defining a strategy for short term or long term? Answer: Both I then classified 3 areas of cost reduction: Sourcing, Manufacturing & Distribution. I also mentioned that we need to take 2 perspectives on each cost reduction measure: Operations View: Operationally how feasible is achieving cost reduction and a Strategic View: What are the strategic implications of the cost cutting measure Once I got affirmation of my structure I proceeded to identify the various broad level levers we could adopt. Sourcing: Rationalize the supplier portfolio, renegotiate contracts and allocate more to those who provide better rates Manufacturing; Consolidate manufacturing if P&G plants can produce Gillette goods. It turned out that only packaging could be consolidated as Gillette goods need specialized machinery that P&G does not have. Also P&G due to its larger size can have economies of scale in maintenance Distribution: I was asked to get deep into details regarding a couple of items and this is where I stumbled a bit. I believe the normal case preparation only lets you get a 30,000 foot overview of the situation. Since EnY also does implementation one must depart from a strategic view and address how these measures can be actually implemented. After all this, I ended the case by suggesting the use of a matrix to plot all measures. The X-axis would be amount of cost reduction that can be achieved and Y-axis would be ease of implementation.
Tips: Firms like EnY, Deloitte hire you as consultants for a specific vertical so you need to demonstrate fit in the resume, EoI and interview. It may be good to inquire about specific projects/expertise they have in the vertical of your choice and coming up with examples to demonstrate how your experience will be helpful.
Round: Case Study Interview
Experience: 1) I said we can leverage our domain expertise to recommend innovative business models to telecom companies that involve triple-play, quadruple-play of services. We can see which model provides greatest benefits and suggest that our client use that. Our implementation focus can also help us
2) For this question, I took the conservative approach and was not very creative. I said that the 2 key areas are: driving innovation and controlling attrition.
Tips: When the interview is with people at the partner level, they become more like conversations. In my experience, in such cases the interviewer is looking for cut and dry responses and not the traditional rehearsed answers. Also, they look for a practical approach to problem solving and a passion for consulting.
Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)
I applied via Recruitment Consultant and was interviewed before Aug 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Tests your Tech skills and People Management
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed in Oct 2018. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Understanding adjustment in the EY culture Reasons for leaving the firm Why consulting, which industry i want to target
- Ans.
Adjustment in EY culture, reasons for leaving, target industry in consulting
Adjustment in EY culture involves understanding the firm's values, work ethic, and communication style
Reasons for leaving could include seeking new challenges, career growth opportunities, or a better cultural fit
Consulting is chosen for its dynamic nature, problem-solving focus, and opportunity to work with diverse clients
Target industry in co...
Interview Preparation Tips
Experience: About myself and job experience
Focussed on the projects i did.
case study - An NBFC revenue is going down, explain an approach to understanf reason for decrease in revenue
General Tips: Prepare ur CV well
Come up with a structured approach for your case study
Skills: Problem Solving, Analytical Skills, Leadership, Decision Making Skills
Duration: 1-4 weeks
I applied via Naukri.com and was interviewed in May 2019. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Per Resume and job profile
- Q2. Experience explanation
- Ans.
I have over 5 years of experience in project management and have successfully led multiple teams to deliver complex projects on time and within budget.
Managed project timelines and budgets
Led cross-functional teams to achieve project goals
Implemented project management best practices
Communicated project status to stakeholders
Delivered projects on time and within budget
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed before Jun 2020. There were 4 interview rounds.
Interview Questionnaire
3 Questions
- Q1. What are your domain skillsets and how did you apply technical expertise on them?
- Ans.
I have domain skillsets in project management, data analysis, and software development. I have applied technical expertise in these areas to deliver successful projects.
Proficient in project management methodologies such as Agile and Waterfall
Skilled in data analysis tools such as Excel, SQL, and Tableau
Experienced in software development languages such as Java and Python
Applied technical expertise to successfully deli...
- Q2. What are some of the challenging situations handled at work?
- Q3. Which technology are you strong in and how do you adapt for a switch in technologies between careers
- Ans.
I am strong in multiple technologies and adapt quickly to new ones.
I have experience in various technologies such as Java, Python, and SQL.
I stay up to date with the latest trends and advancements in technology.
I am a quick learner and can adapt to new technologies easily.
I have successfully switched between technologies in my previous careers, such as moving from Java development to data analysis using Python.
I am ope...
Interview Preparation Tips
Also the candidate should be strong in techno-functional skills
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Principal Consultant
26
salaries
|  ₹15.7 L/yr - ₹32.7 L/yr |
|
Senior Consultant
22
salaries
| ₹8 L/yr - ₹26 L/yr |
|
Analyst
6
salaries
| ₹4 L/yr - ₹9.7 L/yr |
|
Business Analyst
4
salaries
| ₹4 L/yr - ₹12 L/yr |
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Quality Analyst
4
salaries
| ₹2.5 L/yr - ₹4 L/yr |
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