Finance and Accounting Intern Interview Questions and Answers

Marketing focuses on creating awareness and interest in a product or service, while sales involves closing deals and generating revenue.

• Marketing involves activities such as advertising, branding, market research, and public relations.

• Sales involves activities such as prospecting, lead generation, negotiation, and closing deals.

• Marketing aims to create demand for a product or service, while sales aims to fulfill that demand by converting leads into customers.

• Marketing is more...read more

The main activity of banks is to accept deposits from customers and provide loans to individuals and businesses.

• Accepting deposits from customers

• Providing loans to individuals and businesses

• Facilitating transactions such as wire transfers and electronic payments

• Offering financial products and services like savings accounts, credit cards, and mortgages

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

• Financial modelling involves forecasting financial performance, analyzing the impact of different variables, and making informed decisions based on the model.

• It helps in budgeting, valuation, risk assessment, and strategic planning.

• Common tools used for financial modelling include Excel, financial software, and programming languages like Python.

• Examples of financial...read more

One of my strengths is my attention to detail and ability to analyze financial data accurately.

• Strong analytical skills

• Attention to detail

• Ability to work with financial data accurately

• Experience with financial analysis tools like Excel or QuickBooks