100+ Associate Analyst Interview Questions and Answers

Logic to find duplicate numbers in an array of 6 numbers

• Iterate through the array and compare each element with the rest of the elements

• If a match is found, print the duplicate number

• Use nested loops to compare all elements

• Alternatively, use a hash table to keep track of seen elements

Machine intelligence refers to the ability of machines to learn and make decisions without explicit programming.

• Machine intelligence involves the use of algorithms and statistical models to enable machines to learn from data and make predictions or decisions.

• Google Assistant is an example of machine intelligence, as it uses natural language processing and machine learning to understand and respond to user queries.

• Other examples of machine intelligence include self-driving car...read more

Questions related to KYC, money laundering, CDD, EDD, and finance were asked for the Associate Analyst position.

• KYC stands for Know Your Customer and is the process of verifying the identity of a customer.

• KYC is important to prevent fraud, money laundering, and terrorist financing.

• Money laundering is the process of making illegally obtained money appear legitimate.

• The stages of money laundering include placement, layering, and integration.

• CDD stands for Customer Due Diligence...read more

Answering questions related to KYC, money laundering, and finance

• KYC stands for Know Your Customer and is the process of verifying the identity of a customer or client

• KYC is important to prevent fraud, money laundering, and terrorist financing

• Money laundering is the process of making illegally obtained money appear legitimate

• The stages of money laundering include placement, layering, and integration

• CDD stands for Customer Due Diligence and is the process of verifying the iden...read more

To reverse the declining profits of a bank, a few strategies can be implemented.

• Analyze the reasons behind the declining profits, such as increased expenses or decreased revenue.

• Identify areas of cost reduction, such as optimizing operational processes or renegotiating contracts with suppliers.

• Implement strategies to increase revenue, such as launching new products or services, expanding into new markets, or improving customer retention.

• Enhance efficiency and productivity by ...read more

The number of tickets a movie theatre can sell in a day depends on factors such as seating capacity, movie popularity, and show timings.

• Consider the seating capacity of the movie theatre

• Take into account the popularity of the movies being shown

• Consider the number of show timings in a day

• Factor in the average occupancy rate of the theatre

• Consider any special events or promotions that may affect ticket sales

Joins are used to combine data from two or more tables based on a related column.

• Joins are used in SQL to retrieve data from multiple tables.

• Common types of joins include inner join, left join, right join, and full outer join.

• One case where I applied joins was when I needed to retrieve customer information and their corresponding orders from two separate tables.

• Another example is when I needed to combine data from a table of employees and a table of departments to determine w...read more

Testing is the process of evaluating a system or component to find defects and ensure its quality.

• Testing is done to identify defects or bugs in a system or component.

• It helps in ensuring the quality and reliability of the software.

• Testing involves executing test cases and comparing the actual results with expected results.

• Different types of testing include functional testing, performance testing, security testing, etc.

• Bugs commonly found in websites include broken links, inc...read more

Demonetisation in India was a bold move with mixed results.

• Demonetisation aimed to curb black money, corruption and counterfeit currency.

• It caused inconvenience to the common people, especially those in rural areas.

• The move led to a temporary slowdown in the economy.

• Digital transactions and tax compliance increased.

• However, the amount of black money recovered was not significant.

• The informal sector and small businesses were hit hard.

• Overall, demonetisation had both positive a...read more

Capital budgeting is the process of planning and evaluating long-term investment decisions.

• Techniques include net present value, internal rate of return, and payback period.

• Formulas include NPV = CF/(1+r)^n, IRR = r where NPV = 0, and Payback Period = Initial Investment / Annual Cash Inflows.

• Capital budgeting helps companies determine which investments will generate the highest returns and create long-term value for the business.

• It involves analyzing cash flows, assessing ris...read more

Turn-in in case of lease refers to returning the leased asset at the end of the lease term. Lease differs from a loan in terms of ownership and repayment structure. Overcollateralisation is when the collateral value exceeds the loan amount.

• Turn-in in lease means returning the leased asset to the lessor at the end of the lease term.

• Lease is a contractual agreement where the lessee pays for the use of an asset owned by the lessor.

• Loan involves borrowing money from a lender and ...read more

AI stands for Artificial Intelligence. It is a branch of computer science that focuses on creating intelligent machines.

• AI is the simulation of human intelligence in machines that are programmed to think and learn like humans.

• It involves the development of algorithms and models that enable machines to perform tasks that typically require human intelligence.

• AI can be used in various fields such as healthcare, finance, transportation, education, and entertainment.

• In healthcare,...read more

The most recognized certification company for Environmental compliance and Health & Safety management is ISO.

• ISO 14001 certification for Environmental compliance

• ISO 45001 certification for Health & Safety management

• Other relevant certifications include OHSAS 18001 and ANSI/AIHA Z10

Joins in SQL are used to combine data from two or more tables based on a related column.

• Joins are used to retrieve data from multiple tables in a single query

• Common types of joins include inner join, left join, right join, and full outer join

• Join conditions are specified using the ON keyword and a comparison operator

• Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column

A block is a group of fields while a field is a single data element.

• A block is a collection of related fields that are grouped together.

• A field is a single data element that represents a specific piece of information.

• Blocks are used to organize fields and make it easier to manage large amounts of data.

• Fields are used to capture specific pieces of information about a particular entity.

• For example, in a customer database, a block might be 'Contact Information' and the fields wi...read more

The 2008 financial crisis had a significant impact on the global markets.

• The 2008 financial crisis was triggered by the collapse of Lehman Brothers, a major investment bank.

• It led to a severe credit crunch and a global recession.

• Stock markets around the world experienced sharp declines, with the Dow Jones Industrial Average losing over 50% of its value.

• The crisis exposed weaknesses in the financial system and led to increased regulation and reforms.

• Central banks implemented u...read more

An array is a data structure that stores a collection of elements of the same type in contiguous memory locations.

• Arrays have a fixed size and can be accessed using an index.

• Example: int[] arr = {1, 2, 3}; int secondElement = arr[1];

• Stack is a Last-In-First-Out (LIFO) data structure, while Queue is a First-In-First-Out (FIFO) data structure.

• Example: Stack can be used to implement the undo feature in a text editor, while Queue can be used to implement a print job queue.

• React i...read more

A program to check if a given string is a palindrome or not.

• Convert the string to lowercase to ignore case sensitivity.

• Remove all non-alphanumeric characters from the string.

• Reverse the string and compare it with the original string.

• If they are the same, then the string is a palindrome.

Documents considered in ESG Research process include company reports, sustainability reports, industry publications, and third-party research.

• Company reports such as annual reports and financial statements

• Sustainability reports detailing environmental, social, and governance practices

• Industry publications providing insights on ESG trends and best practices

• Third-party research reports from organizations like MSCI or Sustainalytics

Environmental, social, governance (ESG) refers to the three central factors in measuring the sustainability and ethical impact of an investment in a company.

• Environmental factors focus on a company's impact on the environment, such as carbon emissions, waste management, and resource conservation.

• Social factors assess how a company manages relationships with employees, suppliers, customers, and the communities in which it operates.

• Governance factors evaluate the company's lead...read more

Independent board members are not affiliated with the company, while dependent board members have ties to the company.

• Independent board members are considered to be more objective and less influenced by company interests.

• Dependent board members may include executives, shareholders, or individuals with close ties to the company.

• Independent board members are often brought in to provide unbiased perspectives and oversight.

• Dependent board members may have personal or financial in...read more

Government obligatory bonds are backed by the government's taxing power while revenue bonds are backed by the revenue generated by a specific project.

• Government obligatory bonds are issued to finance general government operations and are backed by the government's taxing power.

• Revenue bonds are issued to finance specific projects such as toll roads, airports, or hospitals and are backed by the revenue generated by the project.

• Government obligatory bonds are considered less ri...read more

GlobalLogic is a digital product engineering company that provides software development and design services.

• GlobalLogic was founded in 2000 and has over 16,000 employees in 30+ locations worldwide.

• They work with companies in various industries such as automotive, healthcare, and finance.

• Their services include product engineering, digital transformation, and customer experience design.

• Some of their clients include Reuters, Philips, and Qualcomm.

• As for my self introduction, my ...read more

Trade life cycle, equity and debt explained.

• Trade life cycle involves the steps from order placement to settlement.

• Equity represents ownership in a company and can be bought and sold on stock exchanges.

• Debt represents borrowed money that must be repaid with interest.

• Equity and debt are two common ways for companies to raise capital.

• Equity investors have a share in the company's profits and losses, while debt investors receive fixed interest payments.

• Examples of debt include b...read more

Cash flow statement is a financial statement that shows the inflows and outflows of cash in a business over a specific period of time.

• It provides information on how well a company manages its cash position.

• It consists of three main sections: operating activities, investing activities, and financing activities.

• Operating activities include cash received from sales, payments to suppliers, and salaries paid to employees.

• Investing activities include cash spent on purchasing assets...read more

User stories and use case for logging into a banking app with a password

• User story: As a user, I want to securely login to my banking app using my password

• Use case: User enters username and password, app verifies credentials and grants access

• Example: User enters username 'john.doe' and password 'password123', app authenticates and logs in

Encapsulation is the process of hiding internal details and providing a public interface. Example: Encapsulating data in a class.

• Encapsulation is a fundamental concept in object-oriented programming.

• It involves bundling data and methods together into a single unit called a class.

• The class provides a public interface for interacting with the data, while hiding the implementation details.

• Encapsulation helps in achieving data abstraction, data hiding, and code modularity.

• For exa...read more

The governing body of US taxation is the Internal Revenue Service (IRS).

• The Internal Revenue Service (IRS) is responsible for administering and enforcing the federal tax laws in the United States.

• It is a bureau of the Department of the Treasury and operates under the authority of the Commissioner of Internal Revenue.

• The IRS collects taxes, processes tax returns, and provides taxpayer assistance and education.

• It also conducts audits and enforces tax laws to ensure compliance.

• T...read more

Google Shopping is an online marketplace that allows users to search for and compare products from various retailers.

• Google Shopping displays product listings from different retailers in one place

• Users can search for products and compare prices and features

• Retailers can list their products on Google Shopping to increase visibility and sales

• Google Shopping also offers features like product reviews and ratings

• Google Shopping is available on both desktop and mobile devices

Artificial Intelligence is the simulation of human intelligence in machines.

• AI involves creating intelligent machines that can perform tasks without human intervention

• It includes machine learning, natural language processing, and robotics

• Examples include Siri, Alexa, and self-driving cars

Corporate actions affect NAV production. Examples include stock splits, dividends, and mergers.

• Corporate actions can impact the value of a fund's assets and liabilities

• Stock splits can increase the number of shares outstanding and decrease the NAV per share

• Dividends can decrease the NAV per share

• Mergers can result in changes to the fund's holdings and NAV

• NAV production must be adjusted to reflect the impact of corporate actions

public static void main is used in Java as the entry point for the program. private/final cannot be used as they restrict access or prevent overriding.

• public static void main is the standard entry point method in Java programs

• Using private/final would restrict access or prevent overriding, which is not suitable for the entry point method

• Example: public static void main(String[] args) { }

C, C++, and Java are programming languages with different syntax and features. Inheritance is a way to create new classes based on existing ones.

• C is a procedural language, while C++ and Java are object-oriented.

• C++ supports multiple inheritance, while Java only supports single inheritance.

• Inheritance allows for code reuse and can help with organization and maintenance of code.

• Types of inheritance include single, multiple, multilevel, and hierarchical inheritance.

• Example of i...read more

Private companies are owned by individuals or a small group, while public companies are owned by shareholders.

• Private companies have fewer regulatory requirements than public companies.

• Public companies have to disclose financial information to the public.

• Private companies are not traded on stock exchanges, while public companies are.

• Ownership in private companies is not easily transferable, while public companies can be bought and sold easily.

• Examples of private companies inc...read more

Levered beta measures the risk of an asset when it is financed with debt, while unlevered beta measures the risk of an asset without considering its financing structure.

• Levered beta takes into account the impact of debt on the asset's risk

• Unlevered beta ignores the impact of debt and measures the asset's inherent risk

• Levered beta is higher than unlevered beta for assets with debt financing

• Unlevered beta is useful for comparing the risk of assets with different financing struc...read more

Linear progression is a constant rate of change, while non-linear progression involves varying rates of change.

• Linear progression follows a straight line or a constant slope.

• Non-linear progression does not follow a straight line and has varying rates of change.

• Examples of linear progression include simple interest growth, while examples of non-linear progression include exponential growth.

• Linear progression can be represented by equations like y = mx + b, while non-linear pro...read more

Preferred sources for secondary research on companies.

• Company websites and annual reports

• Industry reports and publications

• Financial databases like Bloomberg and Capital IQ

• News articles and press releases

• Social media platforms like LinkedIn and Twitter

ESG stands for Environmental, Social, and Governance. It is necessary for sustainable investing. CSR stands for Corporate Social Responsibility.

• ESG factors are used to evaluate the sustainability and ethical impact of investments.

• Investors use ESG criteria to make informed decisions about companies they invest in.

• CSR refers to a company's responsibility to operate in an ethical and sustainable manner.

• CSR initiatives can include philanthropy, environmental sustainability, and ...read more

When requirements clash between stakeholder & business analyst, I facilitate open communication, prioritize needs, seek compromise, and involve higher management if necessary.

• Facilitate open communication between stakeholder and business analyst to understand concerns

• Prioritize needs based on impact and importance to the project

• Seek compromise by finding common ground and exploring alternative solutions

• Involve higher management if necessary to make final decisions and resolve...read more

I am proficient in SQL and have experience in writing complex queries.

• Proficient in writing complex queries

• Experience in working with large databases

• Familiarity with various SQL functions and operators

• Ability to optimize queries for better performance

Duration is a measure of a bond's sensitivity to interest rate changes, while convexity measures the curvature of the relationship between bond prices and yields.

• Duration is the weighted average time it takes to receive the bond's cash flows.

• It helps investors understand how sensitive a bond's price is to changes in interest rates.

• Convexity measures the degree of curvature in the relationship between bond prices and yields.

• It provides additional information about the bond's p...read more

SWOT analysis is a strategic planning tool used to identify strengths, weaknesses, opportunities, and threats.

• Strengths: strong analytical skills, attention to detail

• Weaknesses: lack of experience in a specific industry, limited knowledge of certain software programs

• Opportunities: further education and training, networking with industry professionals

• Threats: rapid changes in technology, competition from more experienced analysts

I have a strong background in data analysis and a passion for technology. I chose e2open for its innovative solutions and Channel data management for its impact on business performance.

• I have a degree in data analytics and have worked on various data projects in the past.

• I am drawn to e2open for its reputation as a leader in supply chain management solutions.

• Channel data management is crucial for optimizing sales and marketing strategies, which aligns with my career goals.

• I b...read more

A class is a blueprint for creating objects in object-oriented programming. Self refers to the instance of the class.

• A class is a template for creating objects with similar properties and methods.

• It defines the attributes and behaviors of the objects that will be created from it.

• Self is a reference to the instance of the class that is currently being worked with.

• It allows access to the attributes and methods of the current object.

Guarantee is a promise to perform a duty or pay a debt if the other party fails to do so, while indemnity is a protection against loss or damage.

• Guarantee is a secondary obligation, triggered only if the primary obligation is not fulfilled.

• Indemnity is a primary obligation, providing protection against loss or damage.

• Guarantee involves three parties - guarantor, beneficiary, and obligor.

• Indemnity involves two parties - indemnifier and indemnitee.

• Examples of guarantee include ...read more

I am passionate about this field and have relevant skills and experience to contribute effectively.

• I have always been interested in this field and have pursued relevant courses or projects in it

• I have developed skills and gained experience that are directly applicable to this role

• I am excited about the opportunity to learn and grow in this field

• I believe my background in a different stream will bring a fresh perspective to the team

AI refers to the simulation of human intelligence in machines that are programmed to think and learn.

• Virtual personal assistants like Siri and Alexa

• Recommendation systems like Netflix and Amazon

• Autonomous vehicles like self-driving cars

• Natural language processing used in chatbots

• Image recognition and computer vision technologies

• Fraud detection systems in banking

• AI-powered medical diagnosis and treatment systems