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State Street Corporation Apprentice Interview Questions, Process, and Tips

Updated 17 Apr 2024

Top State Street Corporation Apprentice Interview Questions and Answers

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State Street Corporation Apprentice Interview Experiences

4 interviews found

Apprentice Interview Questions & Answers

user image Anonymous

posted on 17 Apr 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I applied via Walk-in and was interviewed in Oct 2023. There were 3 interview rounds.

Round 1 - HR 

(5 Questions)

  • Q1. Tell me about yourself
  • Q2. Are you okay with night shifts & location, who are there in your family, are your parents okay with night shifts
  • Q3. What are shares?
  • Ans. 

    Shares represent ownership in a company and entitle the shareholder to a portion of the company's profits and voting rights.

    • Shares are units of ownership in a company

    • Shareholders are entitled to dividends based on the company's profits

    • Shareholders have voting rights in company decisions

    • Shares can be bought and sold on stock exchanges

    • Common types of shares include common stock and preferred stock

  • Answered by AI
  • Q4. What is SEBI? What does it do?
  • Ans. 

    SEBI stands for Securities and Exchange Board of India. It is the regulatory body for the securities market in India.

    • SEBI regulates the securities market by overseeing the activities of stock exchanges, brokers, merchant bankers, and other intermediaries.

    • It protects the interests of investors and promotes the development of the securities market.

    • SEBI also regulates takeover of companies, insider trading, and fraudulent...

  • Answered by AI
  • Q5. What is NAV & its formula?
  • Ans. 

    NAV stands for Net Asset Value, which is the value of a fund's assets minus its liabilities, divided by the number of shares outstanding.

    • NAV is used to determine the price of a mutual fund or ETF.

    • Formula: NAV = (Total assets - Total liabilities) / Number of shares outstanding

    • For example, if a mutual fund has total assets of $100 million, total liabilities of $10 million, and 10 million shares outstanding, the NAV would

  • Answered by AI
Round 2 - Aptitude Test 

Exam was arranged by HirePro
Aptitude 20Qs 30mins
English 15Qs 15mns
Finance & Management 20Qs 30mins
Excel 10Qs 15mins
Aptitude test was tough

Round 3 - Behavioral 

(4 Questions)

  • Q1. Vacancy was for middle income department Background and resume related Qs, night shifts
  • Q2. Golden Rules of Accounting
  • Ans. 

    Golden Rules of Accounting are basic principles that guide the process of recording financial transactions.

    • The three Golden Rules of Accounting are: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

    • These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.

    • For example, when a company receives cash fro...

  • Answered by AI
  • Q3. What is Accrued Income? &its journal entry
  • Ans. 

    Accrued income is revenue earned but not yet received. Journal entry includes debiting accrued income and crediting income account.

    • Accrued income is revenue that has been earned but not yet received.

    • It is recorded as a current asset on the balance sheet.

    • Journal entry for accrued income involves debiting accrued income and crediting the income account.

    • Example: A company provides services to a client in December but does...

  • Answered by AI
  • Q4. Do you know Trade Life Cycle? & dates in Trade Life Cycle
  • Ans. 

    Trade Life Cycle refers to the process of a trade from initiation to settlement, involving various steps and dates.

    • Trade initiation: Trade is proposed and agreed upon by parties involved.

    • Trade execution: Trade is executed on the agreed terms.

    • Trade confirmation: Parties confirm the details of the trade.

    • Trade settlement: Actual exchange of securities and payment takes place.

    • Trade reconciliation: Ensuring all details matc...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Ask HR for which dept you will get hired and prepared accordingly for the manager round. Prepare well for the Aptitude Test, its the tough one.
Don't get scared for the manger round, be calm and answer the questions

Apprentice Interview Questions & Answers

user image Ajay Vikram

posted on 15 Feb 2024

Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

It will be easy, very basic accounting questions they will ask

Round 2 - HR 

(2 Questions)

  • Q1. Knowledge about the financial system
  • Q2. Basic question (introducing yourself)

Interview Preparation Tips

Topics to prepare for State Street Corporation Apprentice interview:
  • Financial products
  • Financial system
  • Investment Banking
Interview preparation tips for other job seekers - Very good company to start your carrier and you will grasp so many knowledge about the financial products based on your team. Your culture is good but concersion rate will be low. I worked as a apprentice and now they didn't convert any of our batchmates into permanent, that's the only con apart from that it was worth to spend your time by working with smart people in this organization.

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Apprentice Interview Questions & Answers

user image Fan Marvel

posted on 21 Aug 2023

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Jul 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

It contained 4 parts one is aptitude next is Soft skills next is Domain session and final one is Excel based questions.

Round 3 - HR 

(1 Question)

  • Q1. It was a friendly interview.

Interview Preparation Tips

Interview preparation tips for other job seekers - They don't ask anything tough just showcase your communication skills.

Apprentice Interview Questions & Answers

user image Anonymous

posted on 29 Apr 2022

I applied via Referral and was interviewed in Oct 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Questions related aptitude and reasoning, finance and accounting.

Round 2 - HR 

(2 Questions)

  • Q1. How would you handle multi tasks in one situation
  • Q2. What you learn from your previous mistakez

Interview Preparation Tips

Interview preparation tips for other job seekers - Be cool and confident while answering questions.

State Street Corporation interview questions for designations

 Production Engineer

 (1)

 Apprenticeship Trainee

 (1)

 Senior Associate

 (22)

 Associate

 (19)

 Assistant Manager

 (15)

 Team Lead

 (9)

 Manager

 (6)

 Team Manager

 (5)

Interview questions from similar companies

I applied via Naukri.com and was interviewed before Aug 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. First ques was a basic one - tell about yourself
  • Q2. They had elaborated about derivatives my new job profile and asked why do you want to change the domain since I was in cash and asked if I'll be able to copeup
  • Q3. Achievements and an example of how well u handled a situation in prev job
  • Q4. New process related terminologies

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and do not beat around bushes.
Be straight forward with respect to your answer and learn the terminologies well for the role that u are hire bacsically do some homework.

Interview Questionnaire 

1 Question

  • Q1. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Be transparent and vocal

I applied via Company Website and was interviewed in May 2021. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Case studies

Interview Preparation Tips

Interview preparation tips for other job seekers - They look for analytical and problem solving skills. Keep calm and try solving as much as possible. Even if you are not correct, the approach matters.

I applied via LinkedIn and was interviewed in Dec 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Technical questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Make sure always you tell the right thing on which you are working and you should have clear understanding on your technical skill whatever you know.

I applied via Naukri.com and was interviewed before Aug 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Other than the general interview questions, summary of our existing profile is asked.

Interview Preparation Tips

Interview preparation tips for other job seekers - Provide crisp and brief summary of the work profile and do highlight any achievements and projects handled.

Interview Questionnaire 

2 Questions

  • Q1. Demonetization
  • Q2. Banking sector questions

Interview Preparation Tips

Round: Test
Experience: Basic aptitude test. East to clear.
Duration: 1 hour
Total Questions: 25

Skills: Reasoning Ability, Mathematical Logic, Logical Reasoning, General Knowledge
College Name: Sri Bhagawan Mahaveer Jain

State Street Corporation Interview FAQs

How many rounds are there in State Street Corporation Apprentice interview?
State Street Corporation interview process usually has 2-3 rounds. The most common rounds in the State Street Corporation interview process are Aptitude Test, HR and Resume Shortlist.
How to prepare for State Street Corporation Apprentice interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at State Street Corporation. The most common topics and skills that interviewers at State Street Corporation expect are Financial Services, Asset Management, Analytical, Anti Money Laundering and Balance Sheet.
What are the top questions asked in State Street Corporation Apprentice interview?

Some of the top questions asked at the State Street Corporation Apprentice interview -

  1. Do you know Trade Life Cycle? & dates in Trade Life Cy...read more
  2. What is Accrued Income? &its journal en...read more
  3. What is NAV & its formu...read more

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State Street Corporation Apprentice Interview Process

based on 6 interviews

Interview experience

4.3
  
Good
View more

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State Street Corporation Apprentice Salary
based on 59 salaries
₹2.5 L/yr - ₹4 L/yr
68% more than the average Apprentice Salary in India
View more details

State Street Corporation Apprentice Reviews and Ratings

based on 6 reviews

2.9/5

Rating in categories

3.1

Skill development

3.8

Work-life balance

3.2

Salary

2.5

Job security

4.3

Company culture

2.5

Promotions

3.6

Work satisfaction

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