Tell me about yourself-Best answer

Question:  Tell me about yourself ?

Answer: Sir/Ma'am My Name is XXX, I belong to Vijayawada Andhra Pradesh. I have done my schooling from xxx Higher Secondary School 

Vijayawada 

and currently pursuing bachelor of engineering degree from xxx Engineering College Hyderabad. My strength is my hard working nature and my aim is to become xxx Engineer in Tata Consultancy Services.

Explication: Dear friends, while answering for Tell me about yourself question make sure that you are just telling about yourself not including your parents details, no short forms (abbreviations) like as you can see I have mentioned full name of my School, College & the State I belong to.Mention your strength and then your aim as the current job profile the company is offering, make sure that that is written inyour CV also as your career objective.If HR ask cross question that what is your final aim then say: to grow in TataConsultancy Services Sir/Ma'am. That's all.

Your valuable suggestions,comments, cross questions & queries are welcome.

What is your salary Expectations ?- HR Interview Questions & Answers

Question:  What is yoursalary expectations ? Asked to a fresher candidate and answer by Shreeem Classes & Consultants HR PI Expert Mr. Rakesh Yadav Sir (Popularly known as Campus Guru in Central India).

Answer: As per the company policy. OR As per (Company Name) policy. OR As per the company norms.

HR: My company policy is just 2000 Rs. per month. Will you still work with us ?

Answer: Show the HR that you are little serious before answering this question and after few seconds of serious mood showing say this: Well sir being a fresher I just want to learn and explore my core skills and strength so I would again say that I am very much OK with whatever is the company offering me as far as salary is concerned.

HR: But don't you think you won't be able to sustain with this much low salary ?

Answer: Sir/Ma'am, I have already done a research on your respected company before coming for this interview and I am very much sure a company like yours would never let me feel troubled on financial matters. I am again saying being a fresher I am just willing to follow the guidelines and directions given by my seniors and come up to their expectations and meet both company and my future growth goals.

HR: If your senior says you to do data theft and escape with him andmake money by selling that data. Would you still follow your senior's direction ?

Answer: Sir/Ma'am , If you have noticed in my previous answer I have said Seniors not senior which means that if one of the senior is going against the company policy then I have the other options also whose directions and suggestions are still available to me.

HR: Alright !! but still you must have seen or gone through some web site for freshers placement or attended any training for theseanswers , I want to hear your own answer.

Answer: You are absolutely right sir/ma'am , Our college has conducted a training program for campus preparations and experts have taken our mock interviews and suggested us some do's and don'ts. I have worked on those suggestions and prepared myself for this interview keeping in mind that every company would respect a candidate with properhomework before coming for the campus interview.Even if you allow me I can share many exciting facts about your esteemed company that I have collected during that preparation.

HR: What are those exciting facts about our company ?

This is what a smart candidate is expected, you have just diverted the HR to a different question which is of his or her great interest (Who will not like good points about the things that they do ??)

Dear friends if still have more cross question on What is Your Salary Expectations ? question then feel free to ask them by commenting below this post.

Most Common HR Interview Questions

• Tell me about yourself: - The most often asked question in interviews. You need to have a short statement prepared in your mind. Be careful that it does not sound rehearsed. Limit it to work-related items unless instructed otherwise. Talk about things you have done and jobs you have held that relate to the position you are interviewing for. Start with the item farthest back and work up to the present.
• Why did you leave your last job? - Stay positive regardless of the circumstances. Never refer to a major problem with management and never speak ill of supervisors, co-workers or the organization. If you do, you will be the one looking bad. Keep smiling and talk about leaving for a positive reason such as an opportunity, a chance to do something special or other forward-looking reasons.
• What experience do you have in this field? - Speak about specifics that relate to the position you are applying for. If you do not have specific experience, get as close as you can.
• Do you consider yourself successful? - You should always answer yes and briefly explain why. A good explanation is that you have set goals, and you have met some and are on track to achieve the others.
• What do co-workers say about you? - Be prepared with a quote or two from co-workers. Either a specific statement or a paraphrase will work. Jill Clark, a co-worker at Smith Company, always said I was the hardest workers she had ever known. It is as powerful as Jill having said it at the interview herself.
• What do you know about this organization? - This question is one reason to do some research on the organization before the interview. Find out where they have been and where they are going. What are the current issues and who are the major players?
• What have you done to improve your knowledge in the last year? - Try to include improvement activities that relate to the job. A wide variety of activities can be mentioned as positive self-improvement. Have some good ones handy to mention.
• Are you applying for other jobs? - Be honest but do not spend a lot of time in this area. Keep the focus on this job and what you can do for this organization. Anything else is a distraction.
• Why do you want to work for this organization? - This may take some thought and certainly, should be based on the research you have done on the organization. Sincerity is extremely important here and will easily be sensed. Relate it to your long-term career goals.
• Do you know anyone who works for us? - Be aware of the policy on relatives working for the organization. This can affect your answer even though they asked about friends not relatives. Be careful to mention a friend only if they are well thought of.
• What kind of salary do you need? - A loaded question. A nasty little game that you will probably lose if you answer first. So, do not answer it. Instead, say something like, That’s a tough question. Can you tell me the range for this position? In most cases, the interviewer, taken off guard, will tell you. If not, say that it can depend on the details of the job. Then give a wide range.
• Are you a team player? - You are, of course, a team player. Be sure to have examples ready. Specifics that show you often perform for the good of the team rather than for yourself are good evidence of your team attitude. Do not brag, just say it in a matter-of-fact tone. This is a key point.
• How long would you expect to work for us if hired? - Specifics here are not good. Something like this should work: I’d like it to be a long time. Or As long as we both feel I’m doing a good job.
• Have you ever had to fire anyone? How did you feel about that? - This is serious. Do not make light of it or in any way seem like you like to fire people. At the same time, you will do it when it is the right thing to do. When it comes to the organization versus the individual who has created a harmful situation, you will protect the organization. Remember firing is not the same as layoff or reduction in force.
• What is your philosophy towards work? - The interviewer is not looking for a long or flowery dissertation here. Do you have strong feelings that the job gets done? Yes. That’s the type of answer that works best here. Short and positive, showing a benefit to the organization.
• If you had enough money to retire right now, would you? - Answer yes if you would. But since you need to work, this is the type of work you prefer. Do not say yes if you do not mean it.
• Have you ever been asked to leave a position? - If you have not, say no. If you have, be honest, brief and avoid saying negative things about the people or organization involved.
• Explain how you would be an asset to this organization - You should be anxious for this question. It gives you a chance to highlight your best points as they relate to the position being discussed. Give a little advance thought to this relationship.
• Why should we hire you? - Point out how your assets meet what the organization needs. Do not mention any other candidates to make a comparison.
• Tell me about a suggestion you have made - Have a good one ready. Be sure and use a suggestion that was accepted and was then considered successful. One related to the type of work applied for is a real plus.
• What irritates you about co-workers? - This is a trap question. Think real hard but fail to come up with anything that irritates you. A short statement that you seem to get along with folks is great.
• What is your greatest strength? - Numerous answers are good, just stay positive. A few good examples: Your ability to prioritize, Your problem-solving skills, Your ability to work under pressure, Your ability to focus on projects, Your professional expertise, Your leadership skills, Your positive attitude .
• Tell me about your dream job. - Stay away from a specific job. You cannot win. If you say the job you are contending for is it, you strain credibility. If you say another job is it, you plant the suspicion that you will be dissatisfied with this position if hired. The best is to stay genetic and say something like: A job where I love the work, like the people, can contribute and can’t wait to get to work.
• Why do you think you would do well at this job? - Give several reasons and include skills, experience and interest.
• What kind of person would you refuse to work with? - Do not be trivial. It would take disloyalty to the organization, violence or lawbreaking to get you to object. Minor objections will label you as a whiner.
• What is more important to you: the money or the work? - Money is always important, but the work is the most important. There is no better answer.
• What would your previous supervisor say your strongest point is? - There are numerous good possibilities: Loyalty, Energy, Positive attitude, Leadership, Team player, Expertise, Initiative, Patience, Hard work, Creativity, Problem solver
• Tell me about a problem you had with a supervisor - Biggest trap of all. This is a test to see if you will speak ill of your boss. If you fall for it and tell about a problem with a former boss, you may well below the interview right there. Stay positive and develop a poor memory about any trouble with a supervisor.
• What has disappointed you about a job? - Don’t get trivial or negative. Safe areas are few but can include: Not enough of a challenge. You were laid off in a reduction Company did not win a contract, which would have given you more responsibility.
• Tell me about your ability to work under pressure. - You may say that you thrive under certain types of pressure. Give an example that relates to the type of position applied for.
• Do your skills match this job or another job more closely? - Probably this one. Do not give fuel to the suspicion that you may want another job more than this one.
• What motivates you to do your best on the job? - This is a personal trait that only you can say, but good examples are: Challenge, Achievement, Recognition
• Are you willing to work overtime? Nights? Weekends? - This is up to you. Be totally honest.
• How would you know you were successful on this job? - Several ways are good measures: You set high standards for yourself and meet them. Your outcomes are a success.Your boss tell you that you are successful
• Would you be willing to relocate if required? - You should be clear on this with your family prior to the interview if you think there is a chance it may come up. Do not say yes just to get the job if the real answer is no. This can create a lot of problems later on in your career. Be honest at this point and save yourself future grief.
• Are you willing to put the interests of the organization ahead of your own? - This is a straight loyalty and dedication question. Do not worry about the deep ethical and philosophical implications. Just say yes.
• Describe your management style. - Try to avoid labels. Some of the more common labels, like progressive, salesman or consensus, can have several meanings or descriptions depending on which management expert you listen to. The situational style is safe, because it says you will manage according to the situation, instead of one size fits all.
• What have you learned from mistakes on the job? - Here you have to come up with something or you strain credibility. Make it small, well intentioned mistake with a positive lesson learned. An example would be working too far ahead of colleagues on a project and thus throwing coordination off.
• Do you have any blind spots? - Trick question. If you know about blind spots, they are no longer blind spots. Do not reveal any personal areas of concern here. Let them do their own discovery on your bad points. Do not hand it to them.
• If you were hiring a person for this job, what would you look for? - Be careful to mention traits that are needed and that you have.
• Do you think you are overqualified for this position? - Regardless of your qualifications, state that you are very well qualified for the position.
• How do you propose to compensate for your lack of experience? - First, if you have experience that the interviewer does not know about, bring that up: Then, point out (if true) that you are a hard working quick learner.
• What qualities do you look for in a boss? - Be generic and positive. Safe qualities are knowledgeable, a sense of humor, fair, loyal to subordinates and holder of high standards. All bosses think they have these traits.
• Tell me about a time when you helped resolve a dispute between others. - Pick a specific incident. Concentrate on your problem solving technique and not the dispute you settled.
• What position do you prefer on a team working on a project? - Be honest. If you are comfortable in different roles, point that out.
• Describe your work ethic. - Emphasize benefits to the organization. Things like, determination to get the job done and work hard but enjoy your work are good.
• What has been your biggest professional disappointment? - Be sure that you refer to something that was beyond your control. Show acceptance and no negative feelings.
• Tell me about the most fun you have had on the job. - Talk about having fun by accomplishing something for the organization.
• Do you have any questions for me? - Always have some questions prepared. Questions prepared where you will be an asset to the organization are good. How soon will I be able to be productive? and What type of projects will I be able to assist on? are examples.                                                                                                                                                                                                                   @ SURESH REDDY

Interview Questions for Accounting and Finance People

Interview Questions for Accounting and Finance People

The candidates interested in finance operations or finance sector jobs need to have numeric ability, interpreting skills, sound knowledge of share market, capital investment, growth ratios, etc. Candidates are also provided with case studies to measure their knowledge level of financial concepts. Given below are some of the most important questions asked by the interviewers:

Q: Describe yourself.
Q: Tell me about your educational background?
Q: What do you know about the organization?
Q: How do you justify the job?
Q: Why do you want this job?
Q: What do you want to work with this organization?
Q: Where do you see yourself five years down the line?
>Q: What are your strengths?
Q: What is our company’s stock price? How would you forecast the future stock price for next year?
Q: How would you choose to buy a particular stock?
Q: Why might a company choose debt over equity financing?
Q: Where is the market going?
Q: What major factors drive mergers and acquisitions?
Q: What is goodwill? How does it affect net income?
Q: What is working capital?
Q: What are deferred taxes?
Q:Can you describe a recent situation in which you accomplished an important objective in a brief period of time?
Q: How do you take challenges?
Q: Are you willing to work in shifts?
Q: What is the thing you like the most in the world? Why?
Q: What is the thing you dislike the most in the world? Why?
Q: What does success mean to you?
Q: How do you define failure?
Q: What is contingency liability?
Q: How do you value a company?
Q: You've been asked to reduce the budget by 8%. What criteria will you use in identifying the budget reductions?
Q: Who is a more senior creditor, a stockholder or a bondholder?
Q: What is the difference between accounts and finance?
Q: Explain fixed cost, variable cost and marginal cost?
Q: What is Break Even Point? What does it signify?
Q: What is the purpose of chargeback?
Q: What is MIS report and do you prepare it?
Q: Why are you leaving the organization you work for?
Q: How much time do you need to join the organization?
Q: Are you aggressive?
Q: What makes you a good manager?
Q: What motivates you the most?
Q: What skills and abilities do you have?
Q: Is there anything you want to ask?
Q:If you were hired for this job, what areas would you make an immediate impact?
Q:In what areas do you think you will need guidance?
Q:How will you approach learning this "new" job?
Q:How will you approach acquiring new skill sets?
Q:Describe the most difficult situation you have faced in your career and how you managed it.
Q:Describe some problems you encountered in your most recent position and ow you resolved them.
Q:What specific steps do you utilize in solving workplace problems?
Q: What experience have you had in fixed assets accounting?
Q: How can you create Budgets for daily pods?
Q: How to use special and pair value sets?
Q: What is consolidation ?
Q: Why depreciation is not charged on land?
Q: Can u explain me the flow in General ledger?
Q: What is meant by group chart of accounts in sap fico ?
Q: How important does Accounts receivable for small business and why?
Q: What are the goals of Accounts receivable?
Q: What are the powerful softwares that could be used for doing efficient Accounts receivable?
Q: What are the strategies to be followed for preparing Accounts receivable?
Q: How debtors play its role in Accounts receivable?
Q: Who is responsible for maintaining the Accounts receivable in an organization?
Q: How important is Accounts receivable to business?
Q: What do you mean by Accounts payable cycle?
Q: What is Trial Balance?
Q: What is difference between account payable and bills payable?
Q: How to account freight cost, handling charges,purchase tax at the time of raising a Purchase Order?
Q: What is Reconciliation Statement ?
Q: How do you answer this question "what is company code".
Q: Is it necessary to create Sundry creditors?
Q: What is the meaning of TDS? How it is charged?
Q: What is interest on Capital?
Q: What is Pool rate?
Q: What the procedures or process involved in the preparation for the audit?
Q: What is Web Audit?
Q: What are the different types of internal audit?
Q: What is the difference between an internal audit and the annual external audit?
Q: What is Internal Audit?
Q: What is meant by Single Audit process?
Q: Where is Audit Data Stored?
Q: What is meant by computer auditing?
Q: What are the reasons for getting audited?
Q: What do 'income assessed' and 'non-income assessed' mean?
Q: What is authorized share capital?
Q: What is paid up share capital?
Q: How much depreciation to be calculated for fixed assets older than 5 years?
Q: What is accumulated depreciation?
Q: What are the journal entries which get passed from asset purchasing to asset retirement?
Q: What is fictitious assets?
Q: What is the difference between the different depreciation methods?
Q: What are the activities present in payroll task?
Q: What is Payroll Disbursements Journal?
Q: What are the steps in Payroll Management?
Q: What is the software efficient for carrying out payroll tasks?
Q: What is the difference between paycheck and Payslip?
Q: How advantage is payroll for small business?
Q: What is Payroll Journal?

Interview Questions Related to Finance
Here are some more interview questions for finance jobs.

• How do you take up challenges?
• What are the parameters that one must consider while choosing a stock?
• Which is better for a firm, debt or equity financing?
• What factors make impact in mergers and acquisitions?
• Explain interest on a certain capital?
• What are your strength areas in finance?
• What does success and failure mean to you?
• What are the merits and demerits of various accounting packages that have been used by you recently?
• Through some examples explain the cash flow statement with pipeline theory?
• What do you mean by accumulated depreciation?
• What do you mean by fictitious assets?
• What is meant by the term trial balance?
• What is consolidation?
• Give some names of efficient software that are used in accounting packages?
• What are your strengths?
• Why do you want to choose this career?
• What is Purchase Order?
• Define Reconciliation Statement?
• Explain what is meant by company code?
• What are sundry creditors?
• Explain differences between accounts and finance?
• Explain the terms: fixed cost, variable cost and marginal cost?
• What is the significance of Break Even Point?
• Explain what is meant by charging back?
• How does goodwill affect the net economy of a firm?
• Describe a current event in the market that has significantly affected the market?
• What have been your proudest accomplishments?
• What is recession and discuss factors that cause recession?
• Do you think the banking system needs improvement in the procedures after recession has affected the country?
• What according to you is an ideal job for you?
• What is data audit stored?
• What differentiates between pay check and pay slip?
• Describe some problems that you faced while working on your previous position?
• Differentiate between I-banking and Private Equity?
• Which magazines you prefer to read for business news? Do you read Wall Street Journal? If yes, what is the latest news today?
• Name some newspapers that you read for financial news of global economy?
• Which is a better indication of firm's growth? Balance sheet or income of statements?