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Ernst & Young Consultant Interview Questions and Answers

Updated 11 Jun 2025

83 Interview questions

A Consultant was asked 4w ago
Q. What is deadweight loss?
Ans. 

Dead loss refers to the economic loss that occurs when resources are not utilized efficiently, leading to wasted potential.

  • Occurs in various contexts, including economics and resource management.

  • Example: A factory producing more goods than it can sell, leading to unsold inventory.

  • In transportation, dead loss can refer to empty trips made by vehicles.

  • In healthcare, it can refer to inefficiencies in patient care lea...

A Consultant was asked 1mo ago
Q. How do you analyze balance?
Ans. 

Analyzing balance involves assessing stability, weight distribution, and coordination in various contexts, such as physical or financial.

  • Evaluate weight distribution: In physical balance, assess how weight is distributed across the body or an object.

  • Use tools: In finance, tools like balance sheets help analyze assets vs. liabilities.

  • Observe movement: In physical contexts, observe how a person maintains balance dur...

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A Consultant was asked 1mo ago
Q. What do you do when someone doesn't respond?
Ans. 

The phrase 'never reached back' can imply missed opportunities or unfulfilled potential in various contexts.

  • Reflects on missed opportunities in personal or professional life.

  • Can relate to unaddressed feedback in a workplace setting.

  • Example: A candidate who never followed up after an interview.

  • In relationships, it may refer to someone who doesn't reciprocate feelings.

A Consultant was asked 1mo ago
Q. What is front running?
Ans. 

Front running is a controversial trading practice where brokers execute orders on advance knowledge of pending transactions.

  • Front running occurs when a broker executes orders for their own account before executing orders for their clients.

  • Example: If a broker knows a large buy order is coming, they might buy shares first to sell them at a higher price later.

  • This practice is considered unethical and illegal in many...

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Renegotiation post offer acceptance
Got an offer from EY and accepted it without second thought. While I was serving NP, got better offer from another organisation however I am not very much interested to join this org. Can I renegotiate on my offer with EY team? Will EY accept my request and offer me more salary ? Please suggest.
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A Consultant was asked 3mo ago
Q. How do you join internal tables?
Ans. 

Joining internal tables in programming involves combining data from multiple tables based on a common key.

  • Use SQL JOIN statements: INNER JOIN, LEFT JOIN, RIGHT JOIN, etc.

  • Example: SELECT * FROM TableA INNER JOIN TableB ON TableA.id = TableB.id;

  • In programming languages like Python, use pandas: pd.merge(df1, df2, on='key')

  • Ensure data types of joining keys match to avoid errors.

A Consultant was asked 3mo ago
Q. What is a parallel cursor?
Ans. 

A parallel cursor allows multiple cursors to operate simultaneously, improving data retrieval efficiency in databases.

  • Parallel cursors enable concurrent data processing, reducing execution time.

  • They are often used in scenarios where large datasets need to be processed in chunks.

  • Example: In a database query, multiple cursors can fetch different segments of data at the same time.

  • This technique is beneficial in data ...

A Consultant was asked 7mo ago
Q. What is a Delta table?
Ans. 

Delta table is a type of table in Apache Spark that supports ACID transactions and time travel capabilities.

  • Delta table is used for managing large-scale data lakes in Spark.

  • It allows users to perform insert, update, and delete operations on data.

  • Delta table provides features like ACID transactions, schema enforcement, and data versioning.

  • It supports time travel queries to view data at different points in time.

  • Delt...

Are these interview questions helpful?
A Consultant was asked 7mo ago
Q. How do you manage risks in daily life?
Ans. 

I manage risks in daily life by identifying potential risks, assessing their impact, and taking proactive measures to mitigate them.

  • Identifying potential risks by analyzing the situation and considering all possible outcomes

  • Assessing the impact of each risk on my daily life and prioritizing them based on severity

  • Taking proactive measures to mitigate risks, such as creating contingency plans or seeking advice from ...

A Consultant was asked 7mo ago
Q. What do you know about Audit?
Ans. 

Audit is a systematic examination of financial records, statements, or operations to ensure accuracy and compliance with laws and regulations.

  • Audit involves reviewing financial records, statements, and operations of a company or organization.

  • The purpose of an audit is to ensure accuracy, reliability, and compliance with laws and regulations.

  • Auditors may also provide recommendations for improving financial processe...

A Consultant was asked 8mo ago
Q. Explain GRC and how SAP can help with it.
Ans. 

GRC stands for Governance, Risk, and Compliance. SAP offers solutions to help organizations manage and mitigate risks.

  • GRC involves managing policies, procedures, and regulations to ensure compliance

  • SAP GRC solutions help automate risk management processes and monitor compliance

  • Examples of SAP GRC modules include Access Control, Process Control, and Risk Management

  • SAP GRC can help organizations streamline their gov...

1 2 3 4 5 6 7

Ernst & Young Consultant Interview Experiences

143 interviews found

Consultant Interview Questions & Answers

user image Venakata Prasad Pinapathruni

posted on 13 Nov 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Basic c# and web api
  • Add your answer
  • Q2. Angular questions
  • Add your answer
Round 2 - Technical 

(2 Questions)

  • Q1. Program in C# and advanced questions
  • Add your answer
  • Q2. SQL query writing
  • Add your answer
Round 3 - HR 

(2 Questions)

  • Q1. Introduction and project details
  • Add your answer
  • Q2. Salary and notice period discussion
  • Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Sahil Arora

posted on 2 Oct 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
Selected Selected
Round 1 - Technical 

(4 Questions)

  • Q1. What do you understand by Duration of a bond?
  • Ans. 

    Duration of a bond is a measure of its sensitivity to interest rate changes.

    • Duration measures the weighted average time it takes for a bond's cash flows to repay its price.

    • It helps investors understand how much the bond's price will change in response to interest rate movements.

    • Longer duration bonds are more sensitive to interest rate changes than shorter duration bonds.

    • Duration is expressed in years and can be used to...

  • Answered by AI
    Add your answer
  • Q2. What is convexity of a bond?
  • Ans. 

    Convexity of a bond measures the sensitivity of its duration to changes in interest rates.

    • Convexity helps investors understand how the price of a bond will change in response to interest rate movements.

    • It provides a more accurate estimate of the bond's price sensitivity compared to duration alone.

    • Higher convexity means the bond's price is more sensitive to interest rate changes.

    • Convexity is important for managing inter...

  • Answered by AI
    Add your answer
  • Q3. Why is Binomial Model used to price American options?
  • Ans. 

    The Binomial Model is used to price American options due to its ability to account for early exercise opportunities and flexibility in modeling various scenarios.

    • Binomial Model allows for the consideration of early exercise opportunities, which is a key feature of American options.

    • It is flexible in modeling different scenarios and can handle complex option structures.

    • The model is relatively easy to understand and imple...

  • Answered by AI
    Add your answer
  • Q4. What is option theta?
  • Ans. 

    Option theta measures the rate of change in the price of an option with respect to time decay.

    • Theta is a component of options pricing that measures the time decay of an option's value.

    • It represents the amount that an option's price will decrease for each day that passes.

    • Theta is typically negative for long options positions and positive for short options positions.

    • For example, if an option has a theta of -0.05, it mean...

  • Answered by AI
    Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Hariprasad S Nair

posted on 25 Oct 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Sep 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Introduction and role
  • Add your answer
  • Q2. ISO 27001, ITGC, Risk
  • Add your answer
Round 2 - Technical 

(2 Questions)

  • Q1. Information security
  • Add your answer
  • Q2. Cyber security and Risk
  • Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Anonymous

posted on 8 Oct 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Basic dsa ques were asked
  • Add your answer
Round 2 - Technical 

(1 Question)

  • Q1. Database realted questions was asked
  • Add your answer
Round 3 - Technical 

(1 Question)

  • Q1. Nodejs related questions was asked
  • Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Anonymous

posted on 14 May 2025

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Apr 2025, where I was asked the following questions.

  • Q1. What is front running?
  • Ans. 

    Front running is a controversial trading practice where brokers execute orders on advance knowledge of pending transactions.

    • Front running occurs when a broker executes orders for their own account before executing orders for their clients.

    • Example: If a broker knows a large buy order is coming, they might buy shares first to sell them at a higher price later.

    • This practice is considered unethical and illegal in many juri...

  • Answered by AI
    Add your answer
  • Q2. How do you analyze balance?
  • Ans. 

    Analyzing balance involves assessing stability, weight distribution, and coordination in various contexts, such as physical or financial.

    • Evaluate weight distribution: In physical balance, assess how weight is distributed across the body or an object.

    • Use tools: In finance, tools like balance sheets help analyze assets vs. liabilities.

    • Observe movement: In physical contexts, observe how a person maintains balance during a...

  • Answered by AI
    Add your answer
  • Q3. Will you travel to Dadar daily as a base location?
  • Ans. 

    Yes, I am open to traveling to Dadar daily as my base location for work, as it aligns with my professional commitments.

    • Dadar is well-connected by local trains, making daily commutes convenient.

    • I have experience managing daily travel for work, such as commuting to clients in different parts of the city.

    • Being based in Dadar allows me to access various business hubs efficiently.

  • Answered by AI
    Add your answer
  • Q4. Never reached back ?
  • Ans. 

    The phrase 'never reached back' can imply missed opportunities or unfulfilled potential in various contexts.

    • Reflects on missed opportunities in personal or professional life.

    • Can relate to unaddressed feedback in a workplace setting.

    • Example: A candidate who never followed up after an interview.

    • In relationships, it may refer to someone who doesn't reciprocate feelings.

  • Answered by AI
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Mis placement. They take internal audit assignments in the name of forensic.
Anonymous

Consultant Interview Questions & Answers

user image Anonymous

posted on 25 Nov 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I applied via Company Website and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. What is delta table
  • Ans. 

    Delta table is a type of table in Apache Spark that supports ACID transactions and time travel capabilities.

    • Delta table is used for managing large-scale data lakes in Spark.

    • It allows users to perform insert, update, and delete operations on data.

    • Delta table provides features like ACID transactions, schema enforcement, and data versioning.

    • It supports time travel queries to view data at different points in time.

    • Delta tab...

  • Answered by AI
    Add your answer
  • Q2. A short brief of previous project
  • Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Saif Ulla Baig S

posted on 28 Aug 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Simple string based question
  • Add your answer
  • Q2. Java oops concepts
  • Add your answer
Round 2 - Technical 

(2 Questions)

  • Q1. Code java concepts
  • Add your answer
  • Q2. Previous project discussion
  • Add your answer
Round 3 - HR 

(2 Questions)

  • Q1. Salary discussion
  • Add your answer
  • Q2. Salary negotiation
  • Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Anonymous

posted on 3 Aug 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Mar 2025, where I was asked the following questions.

  • Q1. Why do you believe you are a suitable candidate for this position?
  • Add your answer
  • Q2. How will your skills and experience contribute to our organization?
  • Add your answer
  • Q3. Could you describe your previous project experience?
  • Add your answer
Anonymous

Consultant Interview Questions & Answers

user image Anonymous

posted on 11 Oct 2024

Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Apr 2024. There were 4 interview rounds.

Round 1 - Aptitude Test 

This was aptitude + coding round. Easy questions.

Round 2 - Communication 

(5 Questions)

  • Q1. Repeat that is showing in the screen.
  • Add your answer
  • Q2. Repeat after listening.
  • Add your answer
  • Q3. Hear properly and correct the error.
  • Add your answer
  • Q4. Hear properly and fill in the missing place.
  • Add your answer
  • Q5. Speak 10 min on the given topic.
  • Ans. 

    Discussing the impact of technology on modern society.

    • Introduction to technology and its evolution over time

    • Positive impacts of technology on communication, healthcare, and education

    • Negative impacts such as privacy concerns and job displacement

    • Future implications of technology like AI and automation

    • Examples like smartphones, social media, and self-driving cars

  • Answered by AI
    Add your answer
Round 3 - Technical 

(3 Questions)

  • Q1. What do you mean by array?
  • Add your answer
  • Q2. What do you mean by string?
  • Add your answer
  • Q3. What is the difference between single linked list, double linked list and circular linked list?
  • Ans. 

    Single linked list has one link per node, double linked list has two links per node, and circular linked list connects the last node to the first node.

    • Single linked list: Each node has a reference to the next node only.

    • Double linked list: Each node has references to both the next and previous nodes.

    • Circular linked list: Last node's reference points back to the first node, forming a circle.

  • Answered by AI
    Add your answer
Round 4 - HR 

(3 Questions)

  • Q1. What's your name?
  • Add your answer
  • Q2. Where you want to work?
  • Ans. 

    I am looking to work in a dynamic and challenging environment where I can utilize my skills and expertise to make a positive impact.

    • Seeking opportunities in consulting firms or multinational corporations

    • Interested in roles that involve problem-solving, strategic planning, and client management

    • Open to working in various industries such as technology, healthcare, finance, etc.

  • Answered by AI
    Add your answer
  • Q3. This was the very hectic day. No?
  • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Communication is the key. Build your communication skills. Learn English spoken before technical.

Skills evaluated in this interview

Anonymous

Consultant Interview Questions & Answers

user image Mohd Tauseef

posted on 13 Oct 2024

Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Apr 2024. There were 2 interview rounds.

Round 1 - Technical 

(3 Questions)

  • Q1. Mitre Attack Detail Explanation with TTP
  • Ans. 

    Mitre Attack Framework provides a comprehensive list of tactics, techniques, and procedures (TTPs) used by attackers.

    • Mitre Attack Framework categorizes cyber threats into tactics such as Initial Access, Execution, Persistence, etc.

    • Each tactic includes specific techniques used by attackers, such as Phishing, Exploit Public-Facing Application, etc.

    • TTPs are detailed descriptions of how attackers carry out specific techniq...

  • Answered by AI
    Add your answer
  • Q2. Forensic related too much questions
  • Add your answer
  • Q3. WaF and Network Artchicure PacketFlow
  • Add your answer
Round 2 - Technical 

(2 Questions)

  • Q1. Mimkiztza, Credentials Dumping
  • Add your answer
  • Q2. TTP, Recent Attack, Behaviour and campaign, finding
  • Add your answer
Anonymous
More about working at Ernst & Young
  • HQ - London, England
  • Management Consulting
  • 50k-1 Lakh Employees (India)

Ernst & Young Interview FAQs

How many rounds are there in Ernst & Young Consultant interview?
Ernst & Young interview process usually has 2-3 rounds. The most common rounds in the Ernst & Young interview process are Technical, One-on-one Round and HR.
How to prepare for Ernst & Young Consultant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Ernst & Young. The most common topics and skills that interviewers at Ernst & Young expect are Consulting, Quality Assurance, SQL, Data Analytics and Agile Coaching.
What are the top questions asked in Ernst & Young Consultant interview?

Some of the top questions asked at the Ernst & Young Consultant interview -

  1. list tuple difference Dictionary and list comprehension Decorators with example...read more
  2. Expalin what is supply chain manageme...read more
  3. a tractor company is looking to produce tractors in India . Its considering whe...read more
What are the most common questions asked in Ernst & Young Consultant HR round?

The most common HR questions asked in Ernst & Young Consultant interview are -

  1. Where do you see yourself in 5 yea...read more
  2. Why are you looking for a chan...read more
  3. What are your salary expectatio...read more
How long is the Ernst & Young Consultant interview process?

The duration of Ernst & Young Consultant interview process can vary, but typically it takes about less than 2 weeks to complete.

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Overall Interview Experience Rating

4.3/5

based on 126 interview experiences

Difficulty level

Easy 18%
Moderate 70%
Hard 12%

Duration

Less than 2 weeks 55%
2-4 weeks 30%
4-6 weeks 8%
6-8 weeks 8%
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Top Skills for Ernst & Young Consultant

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