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UAE Exchange Consultant Interview Questions and Answers

Updated 26 Aug 2022

UAE Exchange Consultant Interview Experiences

1 interview found

Consultant Interview Questions & Answers

user image Anonymous

posted on 26 Aug 2022

I applied via Campus Placement

Round 1 - One-on-one 

(5 Questions)

  • Q1. Tell me something about yourself.
  • Q2. Why did you choose UAE Exchange?
  • Ans. 

    I chose UAE Exchange because of its reputation as a reliable and efficient financial services provider.

    • UAE Exchange has a strong track record of delivering quality services to its customers

    • The company has a wide network of branches and agents across the globe

    • UAE Exchange offers a range of financial services, including money transfers, foreign exchange, and bill payments

    • The company has a customer-centric approach and is...

  • Answered by AI
  • Q3. Why did you choose finance company?
  • Q4. What business does UAE exchange do?
  • Ans. 

    UAE Exchange is a financial services company that provides currency exchange, money transfer, and other related services.

    • Offers foreign currency exchange services

    • Provides money transfer services to over 160 countries

    • Offers prepaid travel cards and travel insurance

    • Provides bill payment and mobile recharge services

    • Offers payroll solutions for businesses

    • Has over 800 branches in 31 countries

  • Answered by AI
  • Q5. Who are the stakeholders of UAE exchange?
  • Ans. 

    The stakeholders of UAE Exchange include customers, employees, shareholders, regulators, and the community.

    • Customers who use UAE Exchange services

    • Employees who work for UAE Exchange

    • Shareholders who own a stake in UAE Exchange

    • Regulators who oversee UAE Exchange's operations

    • The community where UAE Exchange operates

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Interactions with seniors are important . Prepare Mock GDs/PIs All the best!

Interview questions from similar companies

Consultant Interview Questions & Answers

CapitalOne user image Gaurav Singhvi

posted on 14 Sep 2015

I applied via Campus Placement

Interview Preparation Tips

Round: Test
Experience: It was Data Interpretation.Time constraint. It was important to look for easier questions than solve the ones which were time consuming. Just a notch tougher that DI of CAT.
Tips: Look for easier problems in the paper. Avoid silly mistakes.

Round: Other Interview
Experience: I had 3 interviews all of which were case studies. The difficulty level kept increasing as the interview process moved forward. Became very math intensive. Be sure you be very logical while answering and consider all the basic factors which affect the profitability of a particular change.
Tips: Keep talking to the interviewer. They help. Be confident

General Tips: Be very confident. Try avoiding silly mistakes. Apologize to them if you commit any.
Skills: Basic Econimics, Framing equations out of given data, Making sense of the given data, Basic knowledge of how the products in the case studies work
Duration: 2
College Name: IIT Madras
Motivation: One of the best in its field.
Funny Moments: I had to have a quick break(Had to pee) in middle of a problem during the 3rd interview. The guy was chilled out and he understood and permitted me. But it was awkward to ask such a thing.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Feb 2022. 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 - Assignment 

Market entry case of an airline cobrand card

Round 3 - Case Study 

Estimate the size of tea market in india

Interview Preparation Tips

Interview preparation tips for other job seekers - Case based interview process wi the no prior knowledge of fintech needed atleast for campus selections
Interview experience
2
Poor
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Newspaper Ad and was interviewed before May 2022. There were 2 interview rounds.

Round 1 - Aptitude Test 

45mins logical answers and quantitavie apptitude

Round 2 - Coding Test 

Coding is based on dsa problem sloving

Interview Preparation Tips

Topics to prepare for Google Pay Consultant interview:
  • DSA
Interview preparation tips for other job seekers - i am just saying for the formalities
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Sep 2022. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Psychometric test only

Round 3 - Case Study 

Basic case studies conducted by 2 interviewies

Round 4 - Case Study 

Another case study round

Round 5 - HR 

(1 Question)

  • Q1. To test culture fir
  • Ans. 

    Testing culture fit is essential for successful consultant-client relationships.

    • Conducting behavioral interviews to assess values and work style

    • Observing how the candidate interacts with team members and clients

    • Reviewing past experiences and projects to gauge alignment with company culture

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be authentic and prepare well for case studies
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Mar 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 - Case Study 

2 case studies asked, from topics picked up from my CV

Round 3 - One-on-one 

(1 Question)

  • Q1. Another case study round

Interview Preparation Tips

Interview preparation tips for other job seekers - Practice well and learn more about the company

Consultant Interview Questions & Answers

MasterCard user image Anjali Kashyap

posted on 30 Aug 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected
Round 1 - Case Study 

Guesstimate on number of cars sold

Round 2 - Case Study 

Growth case on growing a cobranding card

Round 3 - HR 

(2 Questions)

  • Q1. What are you passionate about?
  • Ans. 

    I am passionate about helping others achieve their full potential and making a positive impact in their lives.

    • I enjoy mentoring and coaching individuals to help them reach their goals

    • I find fulfillment in volunteering and giving back to the community

    • I am dedicated to continuous learning and personal development

    • I strive to create a supportive and inclusive environment for those around me

  • Answered by AI
  • Q2. Why do you want to join consulting?
  • Ans. 

    I am passionate about problem-solving, enjoy working with diverse clients, and thrive in fast-paced environments.

    • Enjoy problem-solving and finding innovative solutions

    • Excited about working with diverse clients and industries

    • Thrives in fast-paced and challenging environments

  • Answered by AI
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
No response

I appeared for an interview in Jan 2025.

Round 1 - Case Study 

A typical case interview.

Round 2 - One-on-one 

(2 Questions)

  • Q1. Case interview for a banking company
  • Q2. Standard guestimate questions

Interview Preparation Tips

Interview preparation tips for other job seekers - The final round was disappointing. I encountered a very rude interviewer who seemed unprepared, insensitive, and was projecting his personal frustrations onto the interviewee. It was a terrible experience. If Mastercard aims to compete with MBB, they need to offer candidates an experience comparable to that of MBB.

Interview Questionnaire 

2 Questions

  • Q1. Simple Case Interview
  • Q2. Main case Round

Interview Preparation Tips

Round: Test
Experience: Adaptive DI test. Level of difficulty less than CAT.

Round: Case Study Interview
Experience: This is a very simple case interview. The case was as follows: Client is a micro-lender, they loan funds from a big bank @ 6% SI and loan out the money to farmers at 10% and 20% SI. The segmentation is 60% and 40% respectively. Calculate profit/customer. What is the profit if 2% customers default (uniformly from both segments) on the loan? (Ans: loss incurred)
Tips: This is a very simple round, just stick to the essentials of keeping your structure + calculations neat & clean. Communicate well. You'll get through.

Round: Case Study Interview
Experience: Case: We are a telecom company, planning to launch a new subscription plan. Decide if we should go ahead or not. The plan is as follows: We charge the customers $0.99 for the first 20 minutes and $0.08/minute thereafter. The cost incurred by the company is $0.07/minute. Should we go ahead with the plan?
You will be asked to draw a graph between Profit and minutes spent on a call. To come to a decision you might ask the interviewer for some more data like the distribution or the average time spent by a customer on a call. But none of this is information can be used to decide if we should go ahead with the plan. Unless you have a distribution of percentage of customers vs time spent on an avg call, you can not decide the fate of the plan.
On our campus, almost everybody answered a yes(go ahead) or a no for the plan and still got rejected. I think the actual answer is "None of the above. With the present information nobody can predict if the plan will be profitable in the long run.
Please do not say we can use historical data to come to a conclusion, I did, the question he then posed to me is can we really use historical data to predict the usage pattern of this plan by our customers?? The answer is no, we can not use historical data, as the customers will have an incentive to speak for close to 20 minutes per call.
I also looked at the problem from a customers point of view to check if a customer has an incentive to pick this plan over the others. I asked for the cheapest plan/s out in the market currently, so the interviewer told me that the cheapest plan cost the customer $0.08/minute.
After getting this data, I looked at intersection of the time band at which it becomes cheaper for the customer to pick our plan over the 8 cents plan and the time band which is profitable for us.
I came to the conclusion that the band is very narrow to be profitable and that I do not think that it will generate net profits. So we should not go ahead with the plan.
I assumed that there wont be a large chunk of customers in the above mentioned time band. This is what I think my mistake was.
I believe there is no way of definitely saying whether we should go ahead or not. Hence the answer must be Cant be Determined.
FYI: I also suggested him to launch it in a small region/zone so as to figure out the distribution of customers. No good.

Skills:
College Name: IIT Kanpur
Motivation: Chill out workplace. No pressure of work. But no future either :P wont land you in a great B-school. This is just an office opened by a recently grown American company. They have an office in India just to show the Investors that they plan on expanding and are investing in India and Philippines. I don't think the real work happens here. This might sound like a rant, but you should go ahead and prepare for this company. Its one of the best options straight out of college. Or to settle down or if you like to chill a lot....

Interview Questionnaire 

6 Questions

  • Q1. Finding the average profit on a given loan
  • Ans. 

    To find the average profit on a given loan, divide the total profit by the number of loans.

    • Calculate the total profit earned on the loan

    • Determine the number of loans

    • Divide the total profit by the number of loans to find the average profit

    • Example: If the total profit earned on 10 loans is $1000, the average profit per loan is $100

  • Answered by AI
  • Q2. Choosing between two marketing schemes
  • Ans. 

    When choosing between two marketing schemes, it's important to consider the target audience, budget, and goals.

    • Consider the target audience and which scheme would be more appealing to them

    • Evaluate the budget and determine which scheme is more cost-effective

    • Assess the goals of the marketing campaign and choose the scheme that aligns best with those goals

    • Conduct market research to gather data on the effectiveness of each...

  • Answered by AI
  • Q3. Economics of setting up a new ATM
  • Ans. 

    Setting up a new ATM involves various costs and considerations such as location, equipment, maintenance, and security.

    • Location is a crucial factor in determining the success of an ATM. It should be easily accessible and visible to potential users.

    • Equipment costs include the ATM machine, software, and communication systems.

    • Maintenance costs include regular servicing, cash replenishment, and repairs.

    • Security measures suc...

  • Answered by AI
  • Q4. Tell us a time when you asked your peers for help and what was the result
  • Ans. 

    I asked my peers for help when I was struggling with a project deadline.

    • I explained my situation and asked for their input

    • They were able to offer suggestions and resources that helped me meet the deadline

    • I expressed my gratitude and offered to return the favor in the future

  • Answered by AI
  • Q5. Tell us a time when you had to learn something new for an assignment/project
  • Ans. 

    I had to learn a new programming language for a project

    • Researched online resources and tutorials

    • Practiced coding exercises to gain proficiency

    • Collaborated with team members who were experienced in the language

    • Implemented the language in the project successfully

  • Answered by AI
  • Q6. Tell us a time when you delivered results in a short deadline while working in a team
  • Ans. 

    I led a team to complete a project in 3 days instead of 5

    • Set clear goals and priorities

    • Divide tasks among team members based on strengths

    • Communicate regularly to ensure progress and address issues

    • Worked overtime to meet the deadline

    • Received positive feedback from the client

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: The test basically involved solving 15 Data interpretation questions. The test was pretty easy, and hence accuracy was very important to qualify for the next round.
Tips: Solving DI questions from any CAT practice book will be more than enough. The actual questions in the test are much easier. Just be read the question carefully and you will be able to solve it.
Total Questions: 15

Round: Case Study Interview
Experience: Initially the interviewer tests your basically conceptual knowledge regarding the cost and revenue streams for a loan and then expects you to calculate the average profit given the required data. This was a pretty small interview lasting only about 10-12 minutes or so.
Tips: Keep conversing with the interviewer and clarify any doubts. Do not mess up with the calculation.

Round: Case Study Interview
Experience: Again, the interviewer tests your basic understanding regarding making a decision to select between two marketing schemes. Then, after being provided relevant information, you are expected to make an informed decision, do the break-even analysis and plot a graph.
Tips: You need to show the interviewer your grasp of business concepts. A good knowledge about economics and a business acumen helps. The math is easy, just be careful not to mess it up. Also, keep conversing with the interviewer and help him understand your line of thinking, this would enable him to assist you and get you on the right path.

Round: Case Study Interview
Experience: You are expected to do the math to assess the profitability of an ATM and qualitatively discuss the factors to be considered while setting up a new ATM.
Tips: Again, think aloud and use your common sense if ever you feel that you do not know an answer. But mainly be confident.

Round: Behavioural Interview
Experience: The interviewer is very friendly and it is more of a chat than an interview. Also, they will get into the specifics of the example you provide just to understand the situation better and to know how you handled the situation.
Tips: Be well prepared with all the general HR and behavioral questions and think about specific examples that you would like to bring up.

General Tips: To sum it up, more than anything, just be confident.
Skill Tips: If you are selected for the interview, chances are that you already have the necessary math skills to succeed. Remember, the only things which are going to get you through are confidence, alertness and business acumen.
Skills: Confidence, Communication, Basic Mathematics
College Name: IIT Bombay

UAE Exchange Interview FAQs

How many rounds are there in UAE Exchange Consultant interview?
UAE Exchange interview process usually has 1 rounds. The most common rounds in the UAE Exchange interview process are One-on-one Round.
What are the top questions asked in UAE Exchange Consultant interview?

Some of the top questions asked at the UAE Exchange Consultant interview -

  1. Who are the stakeholders of UAE exchan...read more
  2. What business does UAE exchange ...read more
  3. Why did you choose UAE Exchan...read more

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