AmbitionBox
Interview Questions
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Filter interviews by
State Street Corporation Fund Accounting Associate Interview Questions, Process, and Tips
Top State Street Corporation Fund Accounting Associate Interview Questions and Answers
- Q1. 1. Mutual fund and hedge funds difference 2. Detailed explanation on balance sheet 3. Accrual journal entries 4. Subscription journal entry 4. Performance fee, management ...read more
- Q2. What is derivatives and its types? What is mutual fund?
- Q3. What is Nav calculation
State Street Corporation Fund Accounting Associate Interview Experiences
4 interviews found
Anonymous
(2 Questions)
- Q1. What is Nav calculation
- Ans.
NAV calculation refers to the process of determining the net asset value of a fund.
NAV calculation involves valuing all the assets in a fund, subtracting liabilities, and dividing by the number of outstanding shares.
It is typically done at the end of each trading day to provide an accurate reflection of the fund's value.
NAV calculation is important for investors to understand the true value of their investments in the
- Q2. What is derivative
- Ans.
A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or entity.
Derivatives can be used for hedging, speculation, or arbitrage.
Common types of derivatives include options, futures, forwards, and swaps.
Derivatives allow investors to take on risk or hedge against risk without owning the underlying asset.
The value of a derivative is based on the expected future pri...
Selected
I applied via Referral and was interviewed before Apr 2023. There was 1 interview round.
(1 Question)
- Q1. What is derivatives and its types? What is mutual fund?
- Ans.
Derivatives are financial instruments whose value is derived from an underlying asset. Mutual funds are investment vehicles that pool money from multiple investors to invest in securities.
Derivatives are contracts between two parties that derive their value from an underlying asset such as stocks, bonds, commodities, or currencies.
Types of derivatives include options, futures, forwards, and swaps.
Mutual funds are inves...
Interview Preparation Tips
- Derivatives
Selected
I applied via Company Website and was interviewed before Apr 2023. There were 2 interview rounds.
(1 Question)
- Q1. 1. Mutual fund and hedge funds difference 2. Detailed explanation on balance sheet 3. Accrual journal entries 4. Subscription journal entry 4. Performance fee, management fees
- Ans.
Mutual funds and hedge funds differ in their investment strategies and regulations. Balance sheet shows a company's financial position. Accrual journal entries record revenues and expenses when they are earned or incurred. Subscription journal entry records new investments in a fund. Performance and management fees are charges for managing a fund's assets.
Mutual funds are regulated investment vehicles that pool money f...
(2 Questions)
- Q1. 1. Journal entries
- Q2. 1. Accounting concepts
Interview Preparation Tips
I applied via Recruitment Consulltant and was interviewed in Aug 2021. There was 1 interview round.
(8 Questions)
- Q1. What are your salary expectations?
- Q2. What is your family background?
- Q3. Share details of your previous job.
- Q4. Why should we hire you?
- Q5. Why are you looking for a change?
- Q6. Where do you see yourself in 5 years?
- Q7. What are your strengths and weaknesses?
- Q8. Tell me about yourself.
Interview Preparation Tips
State Street Corporation interview questions for designations
Top trending discussions
Interview questions from similar companies
Selected
I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.
(1 Question)
- Q1. NAV Calculation, Reconciliation, difference between NAV & GAV, Corporate Action
Interview Preparation Tips
General Accounting OPS Associate Interview Questions & Answers
Citicorp
Nimmu Jain
posted on 24 Jul 2024
(1 Question)
- Q1. Tell me about yourself
Finance and Accounting Intern Interview Questions & Answers
HSBC Group
Athi Sabesan
posted on 16 Oct 2024
45 minutes, verbal reasoning etc
Selected
I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.
(1 Question)
- Q1. NAV Calculation, Reconciliation, difference between NAV & GAV, Corporate Action
Interview Preparation Tips
I was interviewed in Feb 2024.
(2 Questions)
- Q1. Tell about yourself
- Ans.
I am a detail-oriented professional with a strong background in fund accounting and a passion for accuracy and efficiency.
Over 5 years of experience in fund accounting
Proficient in reconciling accounts and preparing financial reports
Strong analytical skills and attention to detail
Excellent communication and problem-solving abilities
Example: Successfully managed a portfolio of 20+ funds with accuracy and efficiency
- Q2. Favorite subject / topic
- Ans.
Finance and accounting
I enjoy working with numbers and analyzing financial data
I have a strong interest in financial markets and investments
I excel in budgeting and forecasting
I am passionate about ensuring accuracy and compliance in financial reporting
I applied via Campus Placement and was interviewed in May 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Explain derivatives , What is Trade life cycle, explain options.
- Ans.
Derivatives are financial instruments whose value is derived from an underlying asset. Trade life cycle refers to the stages involved in a trade from initiation to settlement. Options are financial contracts that give the holder the right, but not the obligation, to buy or sell an asset at a specified price within a specific time period.
Derivatives are financial instruments that derive their value from an underlying as...
- Q2. Explain Reconciliation process.
- Ans.
Reconciliation process involves comparing two sets of records to ensure they are in agreement.
Reconciliation process involves comparing financial records, transactions, or statements to identify discrepancies.
It includes verifying balances, transactions, and other data between different sources.
Reconciliation helps in identifying errors, fraud, or missing transactions.
Common types of reconciliations include bank reconc...
(1 Question)
- Q1. Are you ready for relocation, are you comfortable with night shift,
State Street Corporation Interview FAQs
Tell us how to improve this page.
State Street Corporation Interviews By Designations
- State Street Corporation Senior Associate Interview Questions
- State Street Corporation Associate Interview Questions
- State Street Corporation Associate2 Interview Questions
- State Street Corporation Assistant Manager Interview Questions
- State Street Corporation Team Lead Interview Questions
- State Street Corporation Emerging Leader Interview Questions
- State Street Corporation Manager Interview Questions
- State Street Corporation Analyst Interview Questions
- Show more
Interview Questions for Popular Designations
- Fund Accounting Analyst Interview Questions
- Accounting Staff Interview Questions
- Accounting Specialist Interview Questions
- Senior Accounting Specialist Interview Questions
- Fund Accounting Specialist Interview Questions
- Accounting Related Interview Questions
- General Accounting Operation Analyst Interview Questions
- General Accounting Associate Interview Questions
- Show more
State Street Corporation Fund Accounting Associate Interview Process
based on 5 interviews
Interview experience
Interview Questions from Similar Companies
Fast track your campus placements
State Street Corporation Fund Accounting Associate Reviews and Ratings
based on 3 reviews
Rating in categories
|
Senior Associate
4.8k
salaries
|  ₹2.8 L/yr - ₹13 L/yr |
|
Associate2
3.6k
salaries
| ₹2.2 L/yr - ₹7.8 L/yr |
|
Team Lead
1.9k
salaries
| ₹4.5 L/yr - ₹15.2 L/yr |
|
Assistant Manager
1.8k
salaries
| ₹8 L/yr - ₹30 L/yr |
|
Associate
1.4k
salaries
| ₹2 L/yr - ₹7.5 L/yr |
BNY
Northern Trust
Blackrock
JPMorgan Chase & Co.
- Home >
- Interviews >
- State Street Corporation Interview Questions >
- State Street Corporation Fund Accounting Associate Interview Questions
