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Ernst & Young Consultant Interview Questions and Answers
80 Interview questions
Functional components in React are JavaScript functions that return JSX, allowing for reusable UI elements.
Functional components are defined as JavaScript functions.
They can accept props as an argument: `const MyComponent = (props) => { ... }`.
They return JSX, which describes what the UI should look like: `return <div>Hello, {props.name}</div>;`.
They can use hooks like `useState` and `useEffect` for...
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...
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...
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.
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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...
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...
Ernst & Young HR Interview Questions
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...
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 ...
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...
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.
Ernst & Young Consultant Interview Experiences
145 interviews found
Venakata Prasad Pinapathruni
(2 Questions)
- Q1. Basic c# and web api
- Q2. Angular questions
(2 Questions)
- Q1. Program in C# and advanced questions
- Q2. SQL query writing
(2 Questions)
- Q1. Introduction and project details
- Q2. Salary and notice period discussion
Sahil Arora
Selected
(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...
- 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...
- 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...
- 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...
Hariprasad S Nair
Selected
I applied via Approached by Company and was interviewed in Sep 2024. There were 2 interview rounds.
(2 Questions)
- Q1. Introduction and role
- Q2. ISO 27001, ITGC, Risk
(2 Questions)
- Q1. Information security
- Q2. Cyber security and Risk
Anonymous
(1 Question)
- Q1. Basic dsa ques were asked
(1 Question)
- Q1. Database realted questions was asked
(1 Question)
- Q1. Nodejs related questions was asked
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...
- 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...
- 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.
- 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.
Interview Preparation Tips
I applied via Company Website and was interviewed in Oct 2024. There was 1 interview round.
(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...
- Q2. A short brief of previous project
- Ans.
Led a team to optimize supply chain processes for a retail client, resulting in a 20% reduction in costs and improved delivery times.
Conducted a thorough analysis of existing supply chain workflows.
Implemented a new inventory management system that reduced stockouts by 30%.
Collaborated with cross-functional teams to streamline communication and processes.
Utilized data analytics to forecast demand more accurately, impro...
Saif Ulla Baig S
(2 Questions)
- Q1. Simple string based question
- Q2. Java oops concepts
(2 Questions)
- Q1. Code java concepts
- Q2. Previous project discussion
(2 Questions)
- Q1. Salary discussion
- Q2. Salary negotiation
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?
- Q2. How will your skills and experience contribute to our organization?
- Q3. Could you describe your previous project experience?
I applied via Campus Placement and was interviewed in Apr 2024. There were 4 interview rounds.
This was aptitude + coding round. Easy questions.
(5 Questions)
- Q1. Repeat that is showing in the screen.
- Q2. Repeat after listening.
- Q3. Hear properly and correct the error.
- Q4. Hear properly and fill in the missing place.
- Q5. Speak 10 min on the given topic.
(3 Questions)
- Q1. What do you mean by array?
- Q2. What do you mean by string?
- 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.
(3 Questions)
- Q1. What's your name?
- 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.
- Q3. This was the very hectic day. No?
Interview Preparation Tips
Skills evaluated in this interview
Mohd Tauseef
Selected
I applied via Approached by Company and was interviewed in Apr 2024. There were 2 interview rounds.
(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...
- Q2. Forensic related too much questions
- Q3. WaF and Network Artchicure PacketFlow
(2 Questions)
- Q1. Mimkiztza, Credentials Dumping
- Q2. TTP, Recent Attack, Behaviour and campaign, finding
Ernst & Young Interview FAQs
Some of the top questions asked at the Ernst & Young Consultant interview -
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Gurgaon / Gurugram,
Bangalore / Bengaluru
+12-7 Yrs
₹ 7.5-20.9 LPA
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