1500+ Business Analyst Interview Questions and Answers

Self-join is used to join a table with itself to compare rows within the same table.

• Used to compare rows within the same table

• Helps in retrieving hierarchical data

• Can be used to find employees who report to the same manager

Canvas apps allow for more customization and flexibility in design, while model-driven apps are more structured and data-driven.

• Canvas apps are more visually appealing and customizable, allowing users to drag and drop elements to create the app interface.

• Model-driven apps are more structured and data-driven, with a focus on displaying and manipulating data from a data source.

• Canvas apps are better suited for scenarios where the user interface design is a priority, while model...read more

To create an app like Instagram, we need to focus on user experience, photo editing tools, social sharing, and a robust backend.

• Develop a user-friendly interface with easy navigation

• Include photo editing tools like filters, cropping, and brightness adjustments

• Implement social sharing features to allow users to share their photos with friends and followers

• Build a robust backend to handle user data, storage, and security

• Consider adding additional features like stories, live str...read more

KPIs of service management include customer satisfaction, response time, resolution time, and incident volume.

• Customer satisfaction: measured through surveys and feedback

• Response time: time taken to acknowledge a service request

• Resolution time: time taken to resolve a service request

• Incident volume: number of service requests received

• Other KPIs may include first call resolution rate, service level agreement compliance, and cost per incident

• These KPIs help measure the effectiv...read more

User Story, Epic, and Feature are terms used in Agile methodology to describe different levels of requirements.

• User Story: A brief description of a feature from the perspective of the end-user.

• Epic: A large body of work that can be broken down into smaller user stories.

• Feature: A functionality that satisfies a specific requirement or business need.

• User stories are the smallest unit of work, epics are larger and can be broken down into user stories, and features are the highes...read more

To analyze a spreadsheet with histogram plot, identify the data range, bin size, and frequency distribution.

• Identify the data range and select the column to be plotted

• Determine the bin size and number of bins

• Create a frequency distribution table

• Plot the histogram and analyze the distribution

• Look for patterns, outliers, and trends in the data

To route a payment from foreign country to domestic, one can use international wire transfer or online payment platforms.

• International wire transfer can be done through banks or money transfer services

• Online payment platforms like PayPal, TransferWise, or Payoneer can also be used

• Exchange rates and fees should be considered before choosing a method

• Compliance with regulations and documentation requirements is important

PMP stands for Project Management Professional. It is a certification for project managers.

• PMP is a globally recognized certification for project managers

• It is offered by the Project Management Institute (PMI)

• To become PMP certified, one must pass an exam and meet certain experience and education requirements

• Business Analysts can work closely with project managers to ensure project success

• BA's can assist with project planning, requirements gathering, and stakeholder managemen...read more

User stories are written to capture requirements from the perspective of an end user. It is not mandatory to follow a specific standard, but it is recommended to include key elements.

• Start with a simple template: As a [role], I want [feature], so that [benefit].

• Include acceptance criteria to define when the user story is complete.

• Prioritize user stories based on business value and dependencies.

• Collaborate with stakeholders to refine and validate user stories.

• Use tools like JI...read more

Turn on one switch for a few minutes, then turn it off. Turn on a second switch and go into the room. The bulb that is on is connected to the second switch. The bulb that is off but warm is connected to the first switch. The bulb that is off and cold is connected to the third switch.

• Turn on one switch for a few minutes

• Turn it off

• Turn on a second switch and go into the room

• The bulb that is on is connected to the second switch

• The bulb that is off but warm is connected to the fi...read more

Spring MVC Flow is a sequence of steps followed by Spring MVC framework to handle a web request.

• Client sends a request to the server

• DispatcherServlet receives the request and sends it to HandlerMapping

• HandlerMapping maps the request to a specific controller

• Controller processes the request and returns a ModelAndView object

• DispatcherServlet sends the ModelAndView object to ViewResolver

• ViewResolver resolves the view and sends it back to DispatcherServlet

• DispatcherServlet sends t...read more

Estimating sales of umbrellas in Bangalore without any inputs.

• Analyze historical sales data of umbrellas in Bangalore

• Consider weather patterns and forecast for the year

• Evaluate competition and market trends

• Assess population density and demographics

• Factor in events and festivals that may affect sales

• Use statistical models and regression analysis

• Consider potential impact of COVID-19 on sales

There are approximately 2,000 active flights over India at any given time.

• India has a busy aviation industry with major airports in cities like Delhi, Mumbai, and Bangalore.

• On average, there are around 2,000 flights in the air over India at any given time.

• This number can fluctuate depending on the time of day, day of the week, and season.

• Factors like weather conditions, air traffic control, and airline schedules can also impact the number of active flights.

It is not possible to accurately determine the exact number of food delivery orders placed in Hyderabad on one day without specific data.

• The number of food delivery orders can vary greatly depending on factors such as day of the week, time of day, weather, events happening in the city, etc.

• One way to estimate the number of orders would be to look at data from popular food delivery platforms like Swiggy or Zomato, but even then it would not be an exact number.

• Without access to...read more

Output and error checking of SQL queries involves verifying the correctness of query results and handling any potential errors.

• Verify the correctness of query results by comparing them with expected output

• Check for syntax errors and correct them before executing the query

• Handle runtime errors by using try-catch blocks or error handling mechanisms

• Validate input parameters to prevent SQL injection attacks

• Use appropriate error logging and reporting mechanisms to track and resolv...read more

Various techniques and tools are used for requirement gathering and user story mapping.

• Interviews with stakeholders

• Surveys and questionnaires

• Observation and job shadowing

• Prototyping and wireframing

• User story mapping tools like Jira, Trello, and Asana

I enjoy using applications like Microsoft Excel, Tableau, and Google Analytics for data analysis and visualization.

• Microsoft Excel for data organization and basic analysis

• Tableau for creating interactive data visualizations

• Google Analytics for tracking website traffic and user behavior

Various methods for prioritizing the product backlog include MoSCoW method, Kano model, Value vs Complexity matrix, and Weighted Shortest Job First (WSJF).

• MoSCoW method categorizes requirements as Must have, Should have, Could have, and Won't have.

• Kano model classifies features as Basic, Performance, Excitement, and Indifferent.

• Value vs Complexity matrix helps prioritize features based on their value and complexity.

• Weighted Shortest Job First (WSJF) assigns weights to feature...read more

The process where we interact with all actors and systems is called stakeholder engagement.

• Stakeholder engagement involves communicating and collaborating with all parties involved in a project or business process.

• It helps ensure that all stakeholders are informed, involved, and satisfied with the outcomes.

• Examples include holding meetings with clients, gathering feedback from users, and coordinating with different departments within an organization.

ePay tax and NSDL payment portal are online platforms for tax payment and financial transactions.

• ePay tax is an online platform that allows individuals and businesses to pay their taxes electronically.

• NSDL payment portal is a secure online platform for making various financial transactions.

• Both platforms provide convenience and efficiency in tax payment and financial transactions.

• They offer multiple payment options, such as net banking, credit/debit cards, and mobile wallets....read more

A user story is a concise description of a feature told from the perspective of the end user.

• A user story typically follows the format: As a [type of user], I want [some goal] so that [some reason].

• User stories help capture the 'who', 'what', and 'why' of a feature in a simple and understandable way.

• Components of a user story include a title, narrative, acceptance criteria, and priority.

• Example: As a customer, I want to be able to track my order status so that I can know when...read more

Various types of analysis include SWOT, PESTLE, GAP, Root Cause, Cost-Benefit, and Trend analysis.

• SWOT analysis - Strengths, Weaknesses, Opportunities, and Threats

• PESTLE analysis - Political, Economic, Sociological, Technological, Legal, and Environmental factors

• GAP analysis - Identifying the gap between current and desired state

• Root Cause analysis - Identifying the underlying cause of a problem

• Cost-Benefit analysis - Evaluating the costs and benefits of a decision

• Trend analy...read more

Estimating the number of traffic signals in Delhi is challenging due to various factors.

• Delhi is a large city with numerous roads and intersections, making it difficult to accurately estimate the number of traffic signals.

• The number of traffic signals can vary over time due to new constructions, removals, or changes in traffic management.

• Factors like population density, road network, and urban development influence the distribution of traffic signals.

• Data from government auth...read more

Restructuring requirements involves analyzing and prioritizing them based on business needs.

• Identify the key business objectives and prioritize requirements accordingly

• Collaborate with stakeholders to ensure requirements are clear and feasible

• Eliminate redundancies and consolidate similar requirements

• Ensure requirements are measurable and testable

• Document changes and communicate them to all stakeholders

Requirement gathering phase involves collecting and documenting the needs and expectations of stakeholders.

• Identifying stakeholders and their requirements

• Conducting interviews and surveys

• Analyzing existing documentation

• Creating use cases and user stories

• Prioritizing requirements

• Validating requirements with stakeholders

Possible reasons for increased returns need to be analyzed.

• Changes in customer preferences or expectations

• Quality issues with products or services

• Inadequate customer support or communication

• Competitor actions affecting customer loyalty

• Economic factors impacting purchasing decisions

Feature prioritization involves methods like MoSCoW, Kano model, Value vs Effort matrix, etc.

• MoSCoW method categorizes features as Must have, Should have, Could have, Won't have

• Kano model classifies features as Basic, Performance, Excitement, Indifferent, Reverse

• Value vs Effort matrix helps prioritize features based on their impact and effort required

• User story mapping can also be used to prioritize stories based on user needs and dependencies

Amex Bluebox Value focuses on ethical business practices and transparency.

• Amex Bluebox Value emphasizes the importance of integrity and honesty in business operations.

• They prioritize transparency and accountability in their decision-making processes.

• By 'Doing it the right way', Amex Bluebox Value aims to build trust with customers and stakeholders.

• Examples of 'Doing it the right way' include fair pricing strategies, ethical sourcing practices, and clear communication with cus...read more

MF trade settlement involves transfer of funds and securities between buyer and seller. Standing instruction is a pre-set agreement for automatic transactions.

• MF trade settlement involves transfer of funds and securities between buyer and seller.

• Standing instruction is a pre-set agreement for automatic transactions, such as regular investments or redemptions.

• Settlement of MF trades typically occurs on T+1 or T+2 basis, depending on the market.

• Standing instructions can be set ...read more

As a pre-sales business analyst, I can generate significant business by understanding client needs, proposing solutions, and building strong relationships.

• I can generate business by identifying client pain points and offering tailored solutions.

• Building strong relationships with clients can lead to repeat business and referrals.

• Utilizing market research and industry knowledge to identify new business opportunities.

• Collaborating with sales and marketing teams to create compell...read more

A leader can diminish conflicts among stakeholders by promoting open communication, active listening, and finding common ground.

• Encourage stakeholders to express their concerns and ideas openly

• Listen actively to understand their perspectives and needs

• Identify common goals and interests and work towards achieving them

• Facilitate discussions and negotiations to find mutually beneficial solutions

• Establish clear roles and responsibilities to avoid misunderstandings

• Be transparent a...read more

The most used application on my phone is Instagram because I enjoy sharing photos and keeping up with friends and influencers.

• I use Instagram to share photos and videos with my friends and followers

• I enjoy keeping up with the latest trends and updates from influencers and celebrities

• I use Instagram to discover new products and brands through sponsored posts and ads

Investing Rs.500 crore in power sector

• Conduct a feasibility study to identify potential areas for investment

• Determine the type of power generation to invest in (renewable or non-renewable)

• Consider the regulatory environment and government policies

• Assess the financial viability of the investment

• Develop a comprehensive business plan

• Collaborate with industry experts and stakeholders

• Allocate funds strategically to maximize returns

• Monitor and evaluate the investment regularly

Financial analysis helps in understanding the financial health of a company and making informed decisions.

• Financial analysis helps in identifying the strengths and weaknesses of a company's financial performance.

• It helps in making informed decisions related to investments, mergers and acquisitions, and financial planning.

• Financial analysis also helps in identifying potential risks and opportunities for growth.

• Examples of financial analysis tools include ratio analysis, trend ...read more

Use cases describe the interactions between a system and its users, while user stories focus on the specific needs or requirements of the end user.

• Use cases are typically more detailed and comprehensive than user stories.

• Use cases often involve multiple steps and interactions, while user stories are usually shorter and more focused.

• Use cases are often used in the early stages of a project to capture high-level requirements, while user stories are used in Agile development to ...read more

Different types of margin applicable for F&O position include SPAN margin, exposure margin, and premium margin.

• SPAN margin is the initial margin required to cover potential losses in the position.

• Exposure margin is the margin required to cover potential losses due to adverse price movements.

• Premium margin is the margin required to cover the premium payable on options contracts.

• Other types of margins may include calendar spread margin, volatility margin, and special margin.

Agile is iterative and flexible, while waterfall is sequential and rigid.

• Agile involves continuous collaboration and adaptation, while waterfall follows a linear approach.

• Agile allows for changes to be made throughout the project, while waterfall requires detailed planning upfront.

• Agile is best suited for projects with evolving requirements, while waterfall is better for projects with well-defined requirements.

• Agile promotes customer involvement and feedback, while waterfall ...read more

Financial modeling is the process of creating a mathematical representation of a company's financial situation.

• Identify the key financial drivers of the business

• Create a forecast of future financial performance

• Use Excel to build a model that incorporates assumptions and outputs

• Perform sensitivity analysis to test the impact of different scenarios

• Examples: Discounted Cash Flow (DCF) analysis, scenario analysis, Monte Carlo simulation

Pivoting a table in SQL using case when statements

• Use the CASE WHEN statement to create new columns based on specific conditions

• Use the SUM or COUNT function to aggregate data in the pivoted table

• Group by the remaining columns to ensure correct aggregation

• Example: SELECT id, SUM(CASE WHEN category = 'A' THEN value END) AS A_total FROM table_name GROUP BY id;

A puzzle involving a revolver with 2 bullets.

• The puzzle involves a revolver with 2 bullets and a person who spins the chamber and pulls the trigger twice.

• The question usually asks what is the probability of the person surviving or getting shot.

• The answer depends on the number of chambers in the revolver and whether the bullets are in consecutive chambers or not.

Estimating the percentage of smokers in an institute.

• Collect data on the number of smokers and the total population in the institute.

• Calculate the ratio of smokers to the total population.

• Multiply the ratio by 100 to get the percentage of smokers.

• Consider conducting surveys or analyzing existing data to gather information.

• Take into account any potential biases or limitations in the data collection process.

To drive the incident call, I would follow a structured approach and prioritize based on severity.

• Gather all necessary information about the incident from the caller

• Assess the severity of the incident and prioritize accordingly

• Follow a structured approach to troubleshoot and resolve the issue

• Communicate updates and progress to the caller regularly

• Ensure proper documentation of the incident for future reference

OOPs is a subject in computer science.

• OOPs stands for Object-Oriented Programming.

• It is a programming paradigm that focuses on objects and their interactions.

• It is used in many programming languages such as Java, C++, and Python.

• OOPs concepts include encapsulation, inheritance, and polymorphism.

A program to add two numbers in any language

• Take input of two numbers

• Add them using the + operator

• Print the result

Manual entry data can be streamlined through automation, validation checks, standardization, and user training.

• Implement automation tools to reduce manual data entry tasks

• Use validation checks to ensure data accuracy and completeness

• Standardize data entry formats and fields to improve consistency

• Provide user training on efficient data entry practices

Product management focuses on the development and marketing of a specific product, while project management involves overseeing a specific project from start to finish.

• Product management is focused on the entire lifecycle of a product, from ideation to launch and beyond.

• Project management is focused on the successful completion of a specific project within a set timeframe and budget.

• Product managers work closely with cross-functional teams to define product requirements and p...read more

Animals have better senses and instincts than humans.

• Animals have a stronger sense of smell, hearing, and vision.

• They have better instincts for survival and can sense danger before humans.

• For example, dogs can detect certain types of cancer through their sense of smell.

• Birds can navigate using the Earth's magnetic field.

• Animals can also adapt to their environment more quickly than humans.

• For example, chameleons can change their skin color to blend in with their surroundings.