Wipro Financial Analyst Interview Questions, Process, and Tips

It was a simple test, but a time bound one. Had to be submitted within 30 minutes.

Q1. Asked me about the concepts related to the job description and profile. A basic understanding was being assessed in this round. I was asked about financial reports.
Add your answer
Q2. Different type of financial reports and their relevance.
Ans. 
Different financial reports include balance sheet, income statement, cash flow statement, and financial ratios.
• Balance sheet provides a snapshot of a company's financial position at a specific point in time.

• Income statement shows a company's revenues and expenses over a period of time.

• Cash flow statement details a company's cash inflows and outflows.

• Financial ratios help analyze a company's financial performance and he
Answered by AI
View 1 more answer
Q3. Reports related to USA and Europe
Add your answer
Q4. What is Sustainable finance?
Ans. 
Sustainable finance refers to financial activities that promote sustainable development and environmental responsibility.
• Involves investing in companies with strong environmental, social, and governance (ESG) practices

• Encourages the integration of ESG factors into investment decisions

• Includes green bonds, social impact investing, and sustainable investing strategies

• Aims to support long-term economic growth while minimi...read more
Answered by AI
Add your answer

Q1. Some basic work etiquettes, how to deal with shifts and all were asked. Basic HR questions.
Add your answer

Q1. What is journal entry for Management fee
Ans. 
Management fee journal entry records the payment of fees to a management company for their services.
• Debit Management Fee Expense account

• Credit Cash or Accounts Payable account

• Management fee is an operating expense and is recorded in the income statement
Answered by AI
Add your answer
Q2. What is the formula for capital depreciation
Ans. 
The formula for capital depreciation calculates the decrease in value of an asset over time.
• Capital Depreciation = (Initial Value of Asset - Salvage Value) / Useful Life of Asset

• Initial Value of Asset is the original cost of the asset

• Salvage Value is the estimated value of the asset at the end of its useful life

• Useful Life of Asset is the expected number of years the asset will be in use
Answered by AI
Add your answer

Q1. What is your current organization?
Add your answer
Q2. What is your expectations CTC?
Ans. 
My expectations for CTC are based on my experience, skills, and market standards.
• Consider my qualifications and experience in the financial industry

• Research market standards and salary ranges for financial analysts

• Take into account the company's size, location, and industry

• Negotiate based on my value and potential contributions

• Be open to discussing other benefits and opportunities for growth
Answered by AI
View 1 more answer

Q1. What is Accruals?
Ans. 
Accruals are the recognition of expenses or revenues that have been incurred but not yet recorded in the financial statements.
• Accruals are used to match expenses and revenues to the period in which they are incurred, rather than when they are paid or received.

• They are necessary to ensure accurate financial reporting and to provide a more realistic view of a company's financial position.

• Examples of accruals include accr...read more
Answered by AI
View 1 more answer
Q2. What is SAP tcode for asset creation?
Ans. 
The SAP tcode for asset creation is AS01.
• AS01 is used to create a new asset in SAP.

• It allows users to define various attributes of the asset such as description, location, and depreciation method.

• Users can also assign the asset to a specific cost center or profit center.

• AS01 provides options to specify the asset class, useful life, and acquisition value.

• Example: AS01 - Create Asset
Answered by AI
View 1 more answer
Q3. What is working Capital?
Ans. 
Working capital is the measure of a company's short-term liquidity and operational efficiency.
• Working capital is calculated by subtracting current liabilities from current assets.

• It represents the funds available for a company's day-to-day operations.

• Positive working capital indicates a company can meet its short-term obligations.

• Negative working capital suggests a company may struggle to pay its debts.

• Examples of curr...read more
Answered by AI
Add your answer

Easy if prior preparations were done.

Topic is given on the spot to be discussed

Q1. Just a general intro, subject related questions
Add your answer
Q2. How good are you in coordination
Add your answer