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Auctus Advisors Intern Interview Questions and Answers
Auctus Advisors Intern Interview Experiences
2 interviews found
Anonymous
Interview Questionnaire
11 Questions
- Q1. Tell me about yourself
- Ans.
I am a highly motivated individual with a passion for learning and a strong work ethic.
I have a Bachelor's degree in Computer Science
I have completed several internships in software development
I am proficient in programming languages such as Java and Python
I am a quick learner and enjoy taking on new challenges
- Q2. My PORs at IIT
- Q3. Discussion about my work ex
- Q4. When in a group – are you the silent one or the one who speaks the most
- Ans.
I am neither the silent one nor the one who speaks the most. I contribute to the conversation when I have something valuable to add.
I prefer to listen and observe before speaking up
I believe in quality over quantity when it comes to contributing to a group discussion
I try to bring a unique perspective or idea to the conversation
I am comfortable with silence and don't feel the need to fill every moment with talking
- Q5. Asked to narrate a good story based on my POR
- Q6. Why consulting?
- Ans.
Consulting offers diverse challenges and opportunities to work with different clients and industries.
Consulting provides exposure to various industries and clients
Offers diverse challenges and opportunities to learn and grow
Allows for the development of problem-solving and analytical skills
Provides a chance to work with a team of experts
Offers a fast-paced and dynamic work environment
- Q7. Why consult?
- Ans.
Consulting provides expert advice and solutions to complex problems.
Consultants bring a fresh perspective and specialized knowledge to a problem.
Consulting firms have access to a wide range of resources and expertise.
Consulting can help organizations improve efficiency, reduce costs, and increase revenue.
Consulting can provide guidance on strategic planning, organizational design, and change management.
Examples include...
- Q8. Why Auctus?
- Ans.
Auctus is a leading provider of innovative retirement planning solutions.
Auctus offers personalized retirement planning services
Their platform uses advanced technology to optimize retirement savings
Auctus has a team of experienced financial advisors to guide clients
Their solutions are designed to help clients achieve their retirement goals
Auctus has a strong reputation for delivering high-quality service
- Q9. How is Auctus different from other consulting firms?
- Ans.
Auctus offers customized solutions to clients with a focus on long-term sustainability and growth.
Auctus takes a holistic approach to consulting, considering all aspects of a client's business
Auctus emphasizes long-term sustainability and growth, rather than short-term fixes
Auctus offers customized solutions tailored to each client's unique needs
Auctus has a team of experienced consultants with diverse backgrounds and ...
- Q10. Case : Company A manufactures beer bottles and has only 1 customer B. A sells 50 lakhs bottles per annum. B might raise the demand to 1 crore “after a month” in case IPL takes place this year. A has to de...
- Ans.
Company A has to decide whether to produce 1 crore beer bottles for customer B in case of increased demand due to IPL.
Consider the cost of producing extra bottles versus the cost of buying from a third party.
Evaluate the risk of buying a new machine that may be defective.
Assess the probability of increased demand from customer B due to IPL.
Analyze the potential impact on profits and market share.
Consider the long-term ...
- Q11. Case : A company is planning to construct a school in Indore. Suggest construction options for profit
Interview Preparation Tips
Experience: I was Well prepared for – why consult, why Auctus and about the company. I was confident and the discussion was very interactive.
Round: Case Study Interview
Experience: For the first case : I started the case by stating (drawing tree) that there are 2 possibilities i) go for increased production ii) not go for increased production.
In case (i) there are 2 possibilities a) purchase the new machine or b) get from 3rd party.
In case (i)(a) again there are 2 possibilities (1) machine is defective (2) it is not
Followed by stating: to deduce the most appropriate option we need to calculate expected value of profit for each case for which I asked following questions: Current capacity of production (75 lakhs), probability of occurrence of event (IPL), current cost, cost of buying new machine, probability of it being defective and consequences, cost of getting from 3rd party, profit per bottle. (Asked other questions as and when required).
Then computed expected value of profit for each of the 3 possible options and suggested to go for one with maximum expected value of profit.
Discussed the case for about 45 mins
For the Second case : I started with questions Does the company has prior experience in this sector? How many schools are there in surrounding area and type? Which part of the city are we aiming at (outskirts)? Since it was on outskirts I suggested that it could go for full + day boarding and continued further on that: type of school (medium, standards, registration fee).
He stated that the land was quite big and cheaper (as it is located on outskirts). I suggested that company could invest in other options like sports (swimming pool, TT etc.) for which it could charge. Could lend a portion for cafeteria etc.
Didn’t discuss much on this case due to lack of time
General Tips: Ask clarification questions. Think loud. Have a good discussion.
Stay calm, confident and happy. Enjoy the process.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
9 Questions
- Q1. About me
- Q2. Why consulting and why are you a right fit
- Ans.
Consulting is a perfect blend of my analytical skills and passion for problem-solving. My experience in diverse industries makes me a right fit for consulting.
I enjoy analyzing complex problems and providing solutions
I have experience in diverse industries such as finance, healthcare, and technology
I possess strong communication and interpersonal skills
I am a quick learner and adapt well to new environments
I am passion...
- Q3. CV related questions
- Q4. Consulting is very challenging. Do you think it is in line with what you want to do in life
- Ans.
Yes, I believe consulting is in line with my career aspirations.
I enjoy problem-solving and working with clients to find solutions
I have experience in consulting through internships and coursework
I am excited about the opportunity to work with a variety of industries and projects
I am willing to put in the effort and dedication required to succeed in a challenging field
- Q5. Are you fine with travelling for work
- Ans.
Yes, I am comfortable with travelling for work.
I have previous experience travelling for work and enjoy it
I am flexible and adaptable to new environments
I understand the importance of meeting clients face-to-face
I am willing to travel both domestically and internationally
- Q6. What qualities does a consultant need
- Ans.
A consultant needs strong communication skills, analytical thinking, adaptability, and industry knowledge.
Strong communication skills to effectively communicate with clients and team members
Analytical thinking to identify problems and provide solutions
Adaptability to work in different environments and handle unexpected situations
Industry knowledge to provide valuable insights and recommendations
Ability to work under pr...
- Q7. What is the difference between solving a case in an interview and solving a case practically for a client
- Ans.
Interview case-solving focuses on theoretical skills, while practical cases involve real-world complexities and client dynamics.
Interview cases are often hypothetical and structured, focusing on analytical skills and problem-solving frameworks.
Practical cases require understanding client-specific contexts, including industry nuances and organizational culture.
In interviews, time constraints are strict, often lasting 30...
- Q8. There is a beer company. Its current sales is X. It manufactures the beer bottles in-house at present. Since the World Cup is approaching, it is expected that the sales will become 2X. The beer company has...
- Q9. I have a piece of land. Should I sell off the land or build a school on it. For this guesstimate, you need to ask a lot of questions and calculate the cost of establishing a school on the land and calculat...
- Ans.
Calculate cost of building a school on land vs selling the land by estimating cash flows in 10 years.
Calculate cost of land, construction, staffing, and maintenance for school
Estimate revenue from tuition fees and other sources for 10 years
Compare cash flows with future worth of selling price of land
Consider long-term benefits of building a school for community development
Evaluate risks and uncertainties in both option...
Interview Preparation Tips
Experience: I could come up with all the possible scenarios quickly. I calculated the expected profits for each of the scenarios and came up with the best one. This case could have been solved using opportunity cost of each scenario as well.
General Tips: Be confident. They are looking for enthusiastic people, good communication skills and presence of mind.
Skills:
College Name: IIM Lucknow
Top trending discussions
Interview questions from similar companies
Intern Interview Questions & Answers
McKinsey & Company
Krishnan Sankaranarayanan
posted on 25 Nov 2015
Interview Questionnaire
7 Questions
- Q1. About Me
- Q2. Case : Automobile Industry
- Q3. The case was related to the benefit given to LPG customers (DBT) and how can it be implemented for kerosene since it is widely used to adulterate diesel. The partner expected a solution with regard to e...
- Q4. Why consulting
- Q5. Goals in life
- Ans.
To continuously learn, grow, and make a positive impact in my chosen field.
Continuously learn and acquire new skills
Set clear and achievable goals
Make a positive impact in chosen field
Seek opportunities for growth and advancement
Contribute to the success of the organization
- Q6. How will working in McKinsey help me achieve them
- Q7. General HR Questions
Interview Preparation Tips
Experience: Apart from the pleasantries and usual HR questions, the first case was based on automobiles and how the share of the automobiles industry can be improved globally and contribute more to the GDP. I missed out few options but the interviewer was satisfied I discussed those options I had put forward at length.
Round: Case Study Interview
Experience: the case problem was quite long due to which I did not write legibly and the interviewers generally tend to see what you write to judge your thought process. The partner was initially apprehensive about my illegible handwriting.
Round: HR Interview
Experience: I did not memorize my HR answers and deliver it due to which I was able to engage in a conversation due to which the partner was interested and the interview went on for 45 min.
General Tips: During case rounds, make sure you write legibly and think of all the scenarios possible while trying to do MECE. It does not matter if you take 1 or 2 more minutes but keep the interviewer engaged during moments of silence. Be honest in your HR answers and do not tell your HR answers verbatim.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
6 Questions
- Q1. Tell me about yourself
- Q2. You own an e-commerce website which sells jewellery, fashion products and apparel majorly for women. You have spent a good amount on marketing the site but still are in losses. Now you have to make a ...
- Q3. A person owns a single screen cinema hall in Mumbai which is in losses. Find out problems and suggest ways to turnaround the same
- Ans.
Identify problems and suggest solutions to turnaround a single screen cinema hall in Mumbai.
Analyze the current financial situation and identify the main reasons for the losses
Evaluate the competition and market trends in the cinema industry
Improve the cinema hall's infrastructure and amenities to attract more customers
Implement effective marketing strategies to increase footfall and ticket sales
Diversify revenue strea...
- Q4. Asked few things from CV
- Q5. Guesstimate on how many students pass out as commerce graduates from Chennai every year
- Ans.
Guesstimate on the number of commerce graduates passing out from Chennai annually.
Approximately 20% of the total students in Chennai opt for commerce courses.
Chennai has around 50 colleges offering commerce courses.
Assuming an average of 200 students per college, around 10,000 students pass out as commerce graduates every year.
- Q6. Few HR questions
Interview Preparation Tips
Skills:
College Name: IIM Lucknow
Interview Questionnaire
9 Questions
- Q1. Tell me something about yourself, .
- Q2. Asked a lot about my start-up as to how and why I started it, etc. – explained him the problems we faced in scaling it up
- Q3. Got a case related to the previous questions– If I get a funding of Rs. 10 Cr, what will I do?
- Q4. Explained him the strategies that we had thought about – Products that we were planning to introduce, the ways we thought of expanding geographically, etc
- Q5. He made me do a Guesstimate on the expected no of customers in 3 years
- Q6. Tell me something about yourself
- Q7. Why consulting?
- Q8. Why McKinsey?
- Q9. Guesstimate – Expected sales of iPhone 6 in India
- Ans.
Expected sales of iPhone 6 in India
Consider the market size and demand for Apple products in India
Analyze the sales figures of previous iPhone models in India
Take into account the pricing strategy and competition from other smartphone brands
Factor in the impact of COVID-19 on consumer spending and supply chain disruptions
Approximate sales figures could range from 1-2 million units
Interview Preparation Tips
Experience: Followed a top-down approach for guesstimate – Rural/ urban – age – income level – need-gap.
The interview was absolutely perfect. Since it was a case related to my start-up, I had a few ideas in mind on the expansion front. I took the cue on the guesstimate and jumped onto it.
General Tips: Try to do some cases related to your work-experience.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
5 Questions
- Q1. General HR questions (background, passion, interests etc.)
- Q2. Case : To chalk out plan for opening a theatre school
- Ans.
To open a theatre school, a plan needs to be chalked out. Here are some pointers.
Research the demand for theatre education in the area
Identify potential locations for the school
Develop a curriculum and hire qualified instructors
Secure funding through grants, donations, or investors
Market the school to attract students
Establish partnerships with local theatres for performance opportunities
- Q3. As an advisor to PM, give suggestions on the MAKE in India Campaign
- Ans.
To boost manufacturing in India, the MAKE in India campaign can be improved by focusing on infrastructure, skill development, and ease of doing business.
Invest in building world-class infrastructure to attract foreign investors
Provide training and skill development programs to enhance the quality of the workforce
Simplify regulations and procedures to make it easier for businesses to operate in India
Encourage innovation...
- Q4. A case on testing the profit viability of a baby care firm going online
- Q5. A cash flow case on whether government should invest in eco cars and introduce it across the country
- Ans.
Investing in eco cars can improve cash flow and benefit the environment.
Investing in eco cars can lead to reduced fuel costs and maintenance expenses.
Introducing eco cars can also improve the country's air quality and reduce carbon emissions.
Government incentives can encourage consumers to purchase eco cars, further boosting the market.
However, the initial investment in infrastructure and production may be costly.
A tho...
Interview Preparation Tips
Experience: I started with a MECE structure about all steps (plan of action). Then asked him prior to proceeding further which one to focus on first. The interviewer wanted me to draw out a plan for generating revenue so then delved further into it listing down all the possible options. He wanted to test my comfort with numbers too, so asked the revenue potential of a year and its profitability.
Round: Case Study Interview
Experience: Drew out structure, tried to ensure it to be a MECE one but was a highly open ended topic. Was a one sided interview, very little response from the interviewer’s side.
General Tips: Always involve the interviewer and remain confident of what you say. Even if the interviewer refutes your stance, not to get nervous. Keep a calm and pleasant face on. MECE very imp in structures. Reflects on your holistic thinking ability.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
13 Questions
- Q1. Tell me about yourself
- Q2. Why Theatre
- Ans.
Theatre allows me to express my creativity, develop strong communication skills, and collaborate with a diverse group of individuals.
Theatre provides a platform for self-expression and creativity.
It helps in developing strong communication and public speaking skills.
Collaboration in theatre fosters teamwork and the ability to work with diverse individuals.
Theatre teaches empathy and understanding by exploring different...
- Q3. Why consulting?
- Q4. Why McKinsey?
- Q5. Your learnings in B-school and in Internship
- Ans.
B-school taught me theoretical concepts while internship gave me practical experience.
B-school provided me with a strong foundation in business concepts such as finance, marketing, and operations.
Internship allowed me to apply these concepts in a real-world setting and gain hands-on experience.
B-school taught me how to analyze case studies and develop strategic plans.
Internship taught me how to work in a team, communic...
- Q6. Why MBA after Engineering
- Q7. Why consulting after Engineering
- Q8. How have your experiences shaped you
- Q9. Tell me about yourself
- Q10. Why not Theater as a profession
- Q11. Why consulting
- Q12. What all can you do for Theater
- Ans.
I can assist with various aspects of theater production and performance.
Assist with set design and construction
Help with lighting and sound setup
Provide costume and makeup assistance
Act in productions or provide coaching for actors
Assist with marketing and promotion of shows
- Q13. “You own Surbhi Theatre company. How will you promote Theatre”
- Ans.
I will promote theatre by creating engaging content, collaborating with other theatre groups, and utilizing social media.
Create unique and captivating plays that will attract audiences
Collaborate with other theatre groups to expand reach and network
Utilize social media platforms to promote upcoming shows and events
Offer discounts and promotions to encourage attendance
Host workshops and events to engage with the communi...
Interview Preparation Tips
Experience: I asked for some time, and listed down my thoughts as bullet points. I gave him options like listing down theatre groups, organise yearly Theatre events et al. Then after like fifteen minutes of discussion over this, he asked me to calculate revenue from these theatre festivals. I divided it into two, one from cities with lavish Theatre culture like Delhi, others with lesser level of Theatrical activities and fervour. Based on the Theatre fests I had been a part of, I calculated the revenue. He seemed pretty satisfied with the analysis. Importantly, I kept asking him if I can use the assumptions I am stating. It is imperative to verify your assumptions.
General Tips: Be yourself.
Keep a smile on your face. It helps to keep your calm.
Think on your feet. I think, having a question to him in the end, when he asks, does help.
Read the cues and expressions of the interviewer.
Take time to structure your thoughts. It becomes easier for you to think ahead in the right direction.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
7 Questions
- Q1. Tell me about yourself
- Ans.
I am a motivated and enthusiastic individual with a strong passion for learning and gaining practical experience in the field of [internship field].
I am currently pursuing a degree in [relevant field] at [university name].
I have completed several relevant coursework and projects, including [specific examples].
I have also gained practical experience through internships at [company/organization name], where I worked on [...
- Q2. Discussion on PORs, slightly longer discussion on my work- projects undertaken, insights
- Q3. Guesstimate: No. of tennis balls in India at any point of time (2 approaches)
- Q4. Case: Falling revenue of a Theatre in Mumbai; wasn’t typical was a detailed discussion on all possible aspects that could affect revenue/profitability
- Q5. Some basic HR questions
- Q6. Follow-up question/comments on my answers in the HR form filled a week prior to placements
- Q7. Case: Valuation of different revenue streams for an Indian Super League Team (mainly a lot of number work)
- Ans.
Valuation of revenue streams for an Indian Super League Team
Identify and analyze the different revenue streams of the Indian Super League team
Quantify the financial value of each revenue stream
Consider factors such as ticket sales, sponsorship deals, merchandise sales, broadcasting rights, etc.
Use financial models and projections to estimate the potential growth and profitability of each revenue stream
Compare the valua...
Interview Preparation Tips
Experience: Guesstimate:
Though the initial plan was to discuss the approach and the numbers both, we ended up discussing the approach at great length. He then asked me to give him another apprach for the same, which I did. We discussed the pros and cons of both approaches.
Case:
Asked qualifying questions about the industry, about the revenue streams, the theatre and genre. Laid down the basic structure of the case; then we went into a detailed discussion of the value chain.
Beyond the basic structure, I think I was being tested on depth of analysis, idea generation and thinking on my feet. We discussed the whole process of how and why a customer would come to any particular theater, then looked at the possible issues at each step.
We then proceeded to discuss different scenarios-what would happen if any particular aspect of the theatre as altered, what can be the possible areas of improvement for the theatre in particular and any theater in general.
Round: Case Study Interview
Experience: Valuation of different revenue streams for an Indian Super League Team The intent of the case was to check my comfort level with numbers because that’s what the partner made me do. I had no idea about ISL and I said that clearly to which the partner readily gave me a brief overview of how it works. Then, I laid down a structure after asking a few basic questions about their revenue streams. From then on, it was me calculating revenue from different sources to the last decimal. Even when I did make a small error, I gracefully accepted it and it was fine.
General Tips: • It is important that your HR answers are not made-up because the interviwers appreciate honesty
• Its good to have a question in mind to ask when you’re given a chance at the end of the interview
• If you don’t know something in a guesstimate/case or if you think you made an error somewhere, it is perfectly okay to ask/accept and take a step back
Skills:
College Name: IIM Lucknow
Interview Questionnaire
7 Questions
- Q1. Dicussion on projects in public sector
- Q2. Case
- Q3. How to control PDS kerosene leakages in petrol pumps?
- Ans.
To control PDS kerosene leakages in petrol pumps, strict monitoring and enforcement of regulations is necessary.
Regular inspections of petrol pumps to check for leakages
Installation of proper equipment to prevent leakages
Strict penalties for petrol pump owners found guilty of leakages
Training of petrol pump staff on proper handling of kerosene
Encouraging consumers to report any leakages they observe
Collaboration betwee...
- Q4. A case on a hotel operating in losses. Made me calculate the profit margins for ‘Room’ & ‘Non-Room’ segments of the hotel followed by qualitative discussion on how to improve profitability
- Ans.
Analyzing hotel profitability through segment margins and strategies for improvement.
Calculate profit margins: Room segment typically has higher margins than non-room services.
Enhance room occupancy: Implement dynamic pricing strategies to attract more guests during off-peak seasons.
Diversify non-room offerings: Introduce packages that combine room stays with dining or spa services to increase revenue.
Improve operation...
- Q5. Extensive HR
- Q6. Guess estimate on estimation of 1 year revenue for NEUFC (ISL team)
- Ans.
Estimated revenue for NEUFC (ISL team) for 1 year
Revenue depends on various factors like ticket sales, sponsorships, merchandise sales, etc.
Previous year's revenue can be used as a reference point
Assuming an average revenue growth rate of 10%, the estimated revenue for NEUFC for 1 year could be around X amount
- Q7. General HR
Interview Preparation Tips
Experience: Went by the distribution of kerosene across various nodes & analysed issues. Discussed measure to control it at retailer points (Consumer data digitization, mapping to Aadhar card in the future, etc) as well as at wholesaler points (this is where the bulk of kerosene was lost). Overall, had a good discussion.
Round: Case Study Interview
Experience: Somehow became nervous while doing the initial calculations. Realized it & took a step back to form an income statement of the hotel & broke it into ‘Room’ & ‘Non-Room’ segments. Found out that ‘Non-room’ segment is under heavy losses. Discussed ideas to improve it. I think this interview did not go well. Did not get a good response from Suveer.
Round: Guesstimate Interview
Experience: Broke NEUFC revenue into components (Stadium sales (Tickets+food), Merchandise, Sponsorships, Broadcast revenue, Player transfers, etc). Guesstimate for only the stadium sales for the whole tournament. I think this was the cracker I was waiting for. Interviewer seemed very much impressed.
Round: HR Interview
Experience: Very dis-interested person in front. Did not try to make an eye contact with me. Working with something while I was giving my ‘Tell me about yourself’. After I finished he took a 30 second pause looking down. I had absolutely no idea what was going on. Then he suddenly asks me what is so special about me? Probably my response was satisfying for him and he asked me whether I had any questions for him or not. Then we discussed about his experience at Mck.
General Tips: Never ever panic in the interview. Always keep a smile on your face & answer confidently. While doing your case practices, do take time out to introspect for at least half an hour before sleep every day. This will help you build strong HR answers.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
4 Questions
- Q1. Round 2:A case based on tackling the problem of Anemia in India (assuming the role of the Prime Minister of India)
- Q2. A case based on market entry of a firm into India (basic structure required).HR questions on why consulting?Long term goals?
- Q3. Generic HR
- Q4. Simple guestimate to estimate the size and revenue of Apple I phone 6 in India
Interview Preparation Tips
Experience: If you were the Prime Minister of India how would you tackle the persistent problem of anemia.(key pointers- conduct a pilot, rope in the rural local leaders as they are very strong opinion leaders)
Round: Case Study Interview
Experience: A well reputed pharma firm wants to enter the indian market.Chart out the structure for the same.Decision on whether to manufacture locally or import from the host nation.Slight costing structure figures were given with basic calculations required.
General Tips: Just be confident.Being yourself is the key.Do not try to lie to impress the panel.Honesty is highly appreciated.Be clear on why consulting.Practice as many cases (in a formal structure and environment).Note the feedback and continuously work on the same.
Skills:
College Name: IIM Lucknow
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