State Street Syntel Financial Analyst Interview Questions, Process, and Tips

Financial market is a platform where buyers and sellers trade financial assets such as stocks, bonds, currencies, and commodities.

• Financial market facilitates the exchange of financial assets between buyers and sellers

• It includes stock markets, bond markets, currency markets, and commodity markets

• Financial market helps in determining the prices of financial assets based on supply and demand

• It plays a crucial role in th...read more

Golden rules of account refer to basic principles of accounting that should be followed to maintain accurate financial records.

• Maintain proper records of all financial transactions

• Ensure consistency in accounting methods

• Separate personal and business finances

• Follow the principle of conservatism

• Maintain accuracy and completeness of financial statements

Capital market is a platform where long-term securities are traded. It is of two types - primary and secondary.

• Capital market is a market for long-term securities like stocks, bonds, and debentures.

• It is of two types - primary market and secondary market.

• Primary market is where new securities are issued for the first time, while secondary market is where existing securities are traded.

• Capital market helps companies rai...read more

Derivatives are financial contracts that derive their value from an underlying asset. Types include futures, options, swaps, and forwards.

• Derivatives are used for hedging, speculation, and arbitrage.

• Futures are contracts to buy or sell an asset at a predetermined price and date.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price and date.

• Swaps involve exchanging c...read more

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in stocks, bonds, or other assets.

• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying assets.

• Types of mutual funds include equity funds, bond funds, money market funds, and balanced funds.

• Equity fu...read more

Hedging is a risk management strategy used to offset potential losses by taking an opposite position in a related asset.

• Hedging involves taking a position in a related asset to offset potential losses in another asset

• It is commonly used in financial markets to manage risk

• Examples of hedging include buying a put option to protect against a decline in stock prices or selling futures contracts to lock in a price for a com...read more

The golden rules of accounting are fundamental principles that guide the recording of financial transactions.

• The first golden rule is the Debit and Credit rule, which states that for every transaction, there must be at least two accounts involved, and the total debits must equal the total credits.

• The second golden rule is the Real Account rule, which states that real accounts (assets, liabilities, and equity) increase ...read more

Equity is generally more risky than mutual funds.

• Equity investments are subject to market volatility and can experience significant fluctuations in value.

• Mutual funds are diversified portfolios of investments, which can help to mitigate risk.

• However, some mutual funds may invest heavily in equities, making them more risky than other types of mutual funds.

• Ultimately, the level of risk depends on the specific investments...read more

I am a dedicated financial analyst with a strong background in accounting and a passion for continuous learning and growth.

• I have a Bachelor's degree in Finance and Accounting

• I have experience in financial analysis, budgeting, and forecasting

• I am proficient in Excel and financial modeling

• I have strong analytical and problem-solving skills

• I am detail-oriented and able to work well under pressure