EY Consultant-Business Consulting Interview Questions & Experience Guide

Interview Preparation
,
1

EY Consultant-Business Consulting Interview Questions & Experience Guide

2

Company Name: EY

Position: Consultant-Business Consulting

Application Process: I applied via Campus Placement.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. How to structure a business development deck or proposal deck.
      2. Give me details about the EV sector which you have worked on in a project.
    • Your Approach:
      • For the first question, I explained the key components of a business development deck, such as the problem statement, solution, market analysis, and financial projections.
      • For the second question, I discussed my project on the EV sector, highlighting key insights like market trends, challenges, and growth opportunities.
    • Outcome: I passed this round.

Preparation Tips:

  • Be confident and know your CV thoroughly to avoid fumbling during the interview. Ensure your answers are clear and align with your experience.

Conclusion:
The interview was a great learning experience. Being well-prepared and confident helped me articulate my thoughts clearly. For future candidates, I’d recommend focusing on your projects and being ready to discuss them in detail.

3

Company Name: EY

Position: Consultant-Business Consulting

Application Process: I applied via LinkedIn and was interviewed in April 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: N/A (Resume screening round)
    • Your Approach: Ensured my resume was crisp and highlighted relevant skills and experiences.
    • Outcome: Successfully shortlisted for the next round.

  • Round 2 - One-on-one Round:

    • Questions Asked:
      1. What is your experience, and how can you do auditing?
      2. As I am a civil engineer with a background in billing, I know how to check things as billing engineers are primary auditors.
    • Your Approach: Focused on aligning my civil engineering and billing experience with auditing principles, emphasizing transferable skills.
    • Outcome: Provided clear answers and demonstrated how my background could be valuable in the role.

Preparation Tips:

  • Always stay true to the profile you know and study prior to the interview.

Conclusion:
The interview process was smooth, and I felt confident discussing my background. It helped that I could relate my prior experience to the role. For future candidates, I’d advise thoroughly understanding the job profile and preparing to connect your skills to the role’s requirements.

4

Company Name: EY

Position: Consultant-Business Consulting

Location: [Not specified]

Application Process: I applied through a recruitment consultant and was interviewed in October 2021.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. Briefly introduce yourself.
      2. Challenges faced by a FP&A professional.
    • Your Approach:
      • For the introduction, I kept it concise, highlighting my relevant experience and skills.
      • For the FP&A challenges question, I discussed common issues like data accuracy, forecasting difficulties, and stakeholder alignment, providing examples from my experience.
    • Outcome: [Result not specified]

Preparation Tips:

  • Dress formally for the interview.
  • Ensure you have a strong command over the details mentioned in your resume.

Conclusion:
The interview process was straightforward, focusing on technical and situational questions. Being well-prepared and confident in discussing my experiences helped me navigate the round effectively.

5

Company Name: EY

Position: Consultant-Business Consulting

Application Process: The application process involved three rounds: Resume Shortlist, Aptitude Test, and Coding Test.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Details: The first round was a resume screening. Proper alignment and formatting of the resume were crucial to make a good impression.
    • Outcome: Successfully cleared this round.

  • Round 2 - Aptitude Test:

    • Questions Asked: The test lasted for 1 hour and covered sections on quants, reasoning, and English.
    • Outcome: Cleared this round as well.

  • Round 3 - Coding Test:

    • Questions Asked: The coding test was conducted in Python and lasted for 1 hour. It involved writing programs.
    • Outcome: Successfully cleared this round.

Preparation Tips:

  • Be frank and confident during the interview process.
  • Avoid getting nervous and try to explain things practically.
  • Focus on key skills like financial consultancy, planning, and regulatory affairs.

Conclusion:
The overall experience was smooth, and the key was to stay composed and practical in responses. Proper resume formatting and a good grasp of aptitude and coding concepts helped clear the rounds. For future candidates, I’d recommend thorough preparation in the mentioned areas and maintaining a calm demeanor throughout the process.

6

Company Name: EY

Position: Consultant-Business Consulting

Location: Goa Institute of Management (GIM)

Application Process: Applied via campus placement at Goa Institute of Management (GIM) before May 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: Resume screening to shortlist candidates.

  • Your Approach: Ensured my resume was concise, professional, and free of unnecessary details like photos or personal information.

  • Outcome: Successfully shortlisted for the next round.

  • Round 2 - Group Discussion:

  • Questions Asked: Topic: “If you are not using a product, then you are the product.”

  • Your Approach: Spoke confidently, contributed relevant points without interrupting others, and maintained professionalism. Focused on general knowledge and logical arguments.

  • Outcome: Advanced to the next round.

  • Round 3 - One-on-One Round:

  • Questions Asked: Detailed discussion about my CV, including questions like “Why so many stream changes?”

  • Your Approach: Explained my career transitions logically, highlighting how each change added value to my skill set and aligned with my career goals.

  • Outcome: Cleared this round successfully.

  • Round 4 - HR Round:

  • Questions Asked: General awareness, financial knowledge, and questions about OPEX and CAPEX.

  • Your Approach: Prepared by brushing up on financial concepts and current affairs. Answered confidently and clearly.

  • Outcome: Received positive feedback and moved forward in the process.

Preparation Tips:

  • Focus on making your resume clean and professional. Avoid unnecessary details.
  • For group discussions, practice speaking confidently and logically. General knowledge helps a lot.
  • Be ready to explain any transitions or changes in your career path clearly.
  • Brush up on financial terms and current affairs for HR rounds.

Conclusion:
Overall, the interview process was thorough but manageable. The key was staying confident and articulate in each round. I could have prepared more on financial terms for the HR round, but my general awareness helped. For future candidates, focus on clarity in communication and thorough preparation for each stage.

7

Company Name: EY

Position: Consultant-Business Consulting

Application Process: Applied through campus placement

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Hard-level maths and reasoning questions
    • Your Approach: Focused on solving problems methodically and managing time efficiently.
    • Outcome: Cleared the round successfully.

  • Round 2 - One-on-One Interview:

    • Questions Asked:
      1. Guesstimate of the total contribution of foreign travelers to the Indian economy.
      2. Puzzle questions regarding the number of doors open and some scenarios.
    • Your Approach: For the guesstimate, broke down the problem into smaller components (e.g., tourism revenue, spending patterns). For the puzzle, used logical reasoning to deduce the solution.
    • Outcome: Advanced to the next round.

  • Round 3 - One-on-One Interview:

    • Questions Asked:
      1. Basics about yourself.
      2. Questions around Python, SQL joins, etc.
      3. Scenario-based questions.
    • Your Approach: Answered the personal questions confidently, demonstrated technical knowledge for Python and SQL, and used structured thinking for scenario-based questions.
    • Outcome: Received positive feedback and moved forward in the process.

Preparation Tips:

  • Be yourself and express yourself clearly.
  • Practice guesstimates and puzzles to improve problem-solving skills.
  • Brush up on technical basics like Python and SQL for relevant roles.

Conclusion:
The interview process was challenging but rewarding. The key was staying calm and breaking down complex problems into manageable parts. For future candidates, I’d recommend practicing logical puzzles and being confident in your technical and analytical abilities.

8

Company Name: EY

Position: Consultant-Business Consulting

Application Process: Approached by the company and interviewed in May 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: N/A (Resume screening)

  • Your Approach: Ensured my resume was concise and highlighted relevant experience.

  • Outcome: Shortlisted for the next round.

  • Round 2 - One-on-one Interview (Hiring Manager):

  • Questions Asked: Focused on career and account management.

  • Your Approach: Discussed my career trajectory and experience in account management.

  • Outcome: Positive feedback; warned about the role being high-pressure.

  • Round 3 - One-on-one Interview (Partner):

  • Questions Asked: Similar to Round 2, with deeper discussions on career and account management.

  • Your Approach: Emphasized my adaptability and problem-solving skills.

  • Outcome: Positive interaction with the partner.

  • Round 4 - One-on-one Interview (Partner from Another Vertical):

  • Questions Asked: Again focused on career and account management.

  • Your Approach: Maintained consistency in my responses and highlighted my strengths.

  • Outcome: Told the round wasn’t positive, but no specific feedback was provided.

Preparation Tips:

  • Research the company’s consulting practices and be prepared for high-pressure scenarios.
  • Practice articulating your career journey and account management experiences clearly.
  • Be ready for last-minute schedule changes and stay flexible.

Conclusion:
The interview process was challenging, with mixed experiences across rounds. While the initial rounds went well, the final round lacked clarity and feedback. The recruitment process could be more professional and transparent. For future candidates, I’d advise staying patient and prepared for unexpected changes, but also managing expectations regarding communication from the company.

9

Company Name: EY

Position: Consultant-Business Consulting

Application Process: Applied through the company’s online portal.

Interview Rounds:

  • Round 1 - Online Game Round:

    • Questions Asked:
      1. Play 2 online games.
      2. Proceed to case study for both rounds.
      3. Normal case study.
      4. What is the number of footballs that can fit into Wembley Stadium?
    • Your Approach:
      • For the online games, focused on problem-solving and logical reasoning.
      • The case study required analyzing data and presenting solutions.
      • For the football question, estimated the stadium’s volume and the size of a football to derive an approximate number.
    • Outcome: Successfully cleared this round.

  • Round 2 - One-on-One Round:

    • Questions Asked:
      1. Personal fit questions.
      2. Tell me about a time where you led a team.
    • Your Approach:
      • Answered personal fit questions honestly, aligning responses with the company’s values.
      • Shared a specific example of leadership, highlighting teamwork and problem-solving.
    • Outcome: Advanced to the next round.

  • Round 3 - One-on-One Round:

    • Questions Asked:
      1. Case study on ENERGY.
      2. It was about the introduction of a new type of energy.
    • Your Approach:
      • Analyzed the case study by identifying key challenges and opportunities in the energy sector.
      • Proposed a strategic plan for introducing the new energy type, considering market trends and feasibility.
    • Outcome: Cleared the final round and received the offer.

Preparation Tips:

  • Practice case studies, especially those related to business consulting.
  • Brush up on logical reasoning and problem-solving skills for the online games.
  • Prepare examples of leadership and teamwork for personal fit questions.
  • Research industry trends, especially in the energy sector, to handle case studies effectively.

Conclusion:
The interview process was thorough but well-structured. The online games tested analytical skills, while the case studies and personal fit rounds assessed problem-solving and alignment with the company’s values. Preparing for case studies and practicing leadership examples were key to my success. For future candidates, focus on clarity of thought and confidence in presenting your ideas.

10

Company Name: EY

Position: Consultant - Business Consulting

Application Process: Applied through the company’s online portal.

Interview Rounds:

  • Round 1 - Online Game Round:

    • Questions Asked:
      1. Play 2 online games.
      2. Proceed to case study for both rounds.
      3. Normal case study.
      4. What is the number of footballs that can fit into Wembley Stadium?
    • Your Approach: Focused on logical reasoning for the case study and estimation question. For the online games, ensured quick and accurate responses.
    • Outcome: Cleared this round successfully.

  • Round 2 - One-on-One Round:

    • Questions Asked:
      1. Personal fit questions.
      2. Tell me about a time where you led a team.
    • Your Approach: Used the STAR method to structure my answers, emphasizing leadership and teamwork.
    • Outcome: Advanced to the next round.

  • Round 3 - One-on-One Round:

    • Questions Asked:
      1. Case study on ENERGY.
      2. It was about the introduction of a new type of energy.
    • Your Approach: Structured the case study by breaking it down into key components like market analysis, feasibility, and implementation strategy.
    • Outcome: Final round cleared successfully.

Preparation Tips:

  • Practiced case studies from McKinsey & Company resources.
  • Worked on estimation and logical reasoning problems.
  • Prepared for behavioral questions using the STAR method.

Conclusion:
The interview process was well-structured and tested both analytical and behavioral skills. Practicing case studies and behavioral questions beforehand was very helpful. Would recommend focusing on clear communication and structured problem-solving for future candidates.