What is the number of companies which will participate in the sensex and nifty market?

What is number of companies which take part in the sensex and nifty? Is repo a substitute of discount rate?. to what extent you agree with this statement. What is contingent liability What is working capital What is Duty Draw-Back? Accounting equation includes What is mean by Duty-Draw Back? And what's of benefit under Duty-Drawback?... Please explain. Can a new company issue the IPO? IF yes then within what period it can issue? who manages all the IPO? what is mean inflation? what is mean fiscal policy? what is mean monetary policy? what is mean gdp? What are financial instruments whose price and value derive from the value of assets underlying them called? DERIVATIVES What is an investment that is taken out specifically to reduce or cancel out the risk in another investment? HEDGE What in financial means merger of either one or more companies with another company or merger Of two or more companies to form one company called? - AMALGAMATION What refers to various schemes of offering an equity stake by a Company to its employees? ESOPs-Employee stock Companies often reward their employees with their stock, either in the form of employee stock option plans (Esops) or employee stock purchase plans (ESPPs). Esops are stock options granted to employees over a vesting period, where the employee is given the right to purchase the companys shares at a predetermined price or the exercise price. If the employee does not exercise the option within a time prescribed by the company, the option automatically expires. ESPPs allow employees to use their salary to purchase the stock of the company, usually at a discounted price. Unlike Esops, ESPP holders do not have any option, but are mandated to pay the exercise price usually by way of monthly deductions from their salary.

-What is Risk? -A potential negative impact to an asset or some characteristic of value that may arise from some present process or future event. -What's the term that applies to the most reliable industrial shares of reputed companies which have a stable growth and least risk involved in investment in such companies by the public?-BLUE CHIP. Dow jones show top 30 Blue chip companies. Blue chip companies are the companies that have stable earnings and do not have extensive liabilities. The stocks of the blue chip companies, referred to as blue chip stocks, pay regular dividends even during the bad time of the organization. There are a number of blue chip companies in India. Let's find out which are the top 10 blue chip companies in India. -What is Service Tax? - It is a tax on services rendered- e.g on telephone, electricity , insurance etc. all attracts service tax. - is Banking Cash Transaction Tax-( BCTT) ?-Applicable on withdrawal of cash from bank exceeding a particular amount. -What is Fringe Benefit Tax (FBT)?-The perquisites or benefits provided by the employer to his employees in addition to the salary or wage are taxable. This is known as FBT .Employers now pays this tax. -What is Securities Transaction Tax- (STT)? - It is a sort of turnover tax where the investor has to pay a small tax on the total consideration paid /received in a share transaction. -Why Investment Banking / Private Equity/ Private Client Services? Underwriters-who fixes stock prices for any company in an IPO., Mergers & Acquisitons, sell side. Private equity- invests and on buy side, buys securities.- buy side How do you value a company (particular to investment banking / private equity etc)? P/E= {Mcap/PAT} MCAP=price per share*no. of shares Less capital intensive- P/E Multiple High Capital Intensive- EBITDA

What qualities do you think are important for this industry? Do you possess those qualities?

Why would two companies merge? What major factors drive mergers and acquisitions? Synergy Tell me three items on the front page of today's Economic Times / Financial Express etc?

-Why might a company choose debt over equity financing? Tax benefits, Expected rate of return on debt will be less..!! Where is our firm's stock trading? -What do you know about the micro-finance institutions in India? To provide debt at lower sections to the poorer sections of the society. -What do you know about SOX or Sarbanes-Oxley Act? Top management must now individually certify the accuracy of financial information. In addition, penalties for fraudulent financial activity are much more severe. Also, SOX increased the independence of the outside auditors who review the accuracy of corporate financial statements, and increased the oversight role of boards of directors. Tell us more about the Basel-II implementation in Indian banks ?

DO you think investment banking and asset management sectors are strategic growth markets in India? When did you decide you wanted to be in the financial services / finance career?

What do you see an finance manager's role would be in day-to day work?

What will you get out of working here?

How does your past career qualify you for a position in investment banking / etc?

What is your greatest concern about Investment Banking / our firm/industry as such?

Rank the firms in our industry. Where do you fit? Who is our competition? What differentiates our firm? What are our strengths / weaknesses? Why did you choose our company? What is carbon credit trading? -Trading in carbon credits is an emerging business globally as the cost of purchasing carbon credits from developing countries like India or China is much less than earning the credit through emission reduction in the developed countries. Carbon credits are earned by

reducing carbon emissions from plants etc. Indian companies can also profit by selling their carbon credits in dedicated exchanges in Europe and the US at a much higher price.

Q: Why Finance?

Q: Describe the finance functions within a company and where you see yourself fitting.

Q: Whats a Price/Earning (P/E) ratio and how do you use it? Q: What if 2 companies have the same value of P/E ratios, which company does you think is better? Q: How would you explain net present value to non-finance major? Q: What is our companys 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? Qescribe the most difficult situation you have faced in your career and how you managed it. Qescribe 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?

What is depreciation? What are the causes of depreciation? Is it a cost? Why? What is the need of depreciation account? What is the effect of depreciation of assets on profits received by owners? What is the principal of Double Entry system of accounting? What are the advantages of Double Entry system of accounting? What does capital market mean? How does the company raise funds in capital market? What "rights issue" do the shareholders of a company have under Companies Act, 1956?

What are the eligibility criteria for an unlisted company to make public issue?

MBA finance interview questions : last updated Aug 05, 2011

General accounting

What are the various streams of accounting? Explain Financial Accounting. What are its characteristic features? Compare Financial Accounting and Management Accounting Compare Cost Accounting and Management Accounting.....................

Basic financial management

What is the scope of finance function? What are the goals of finance function? What is the relation of finance function to other functions of a business enterprise?..................

Basics financial accounting

Explain the following: a)Business Entity Concept b)Dual Aspect Concept c)Going Concern Concept d)Accounting Period Concept e)Cost Concept f)Money Measurement Concept g)Marketing Concept................

Expenditures

What are capital expenditures? Is it Ok to consider these expenditures while calculating the profitability of during a certain period? Explain your answer. Explain deferred expenditures. How are these expenses dealt with in profitability statement?.........................

Types of Accounts

Explain Real Accounts. List different accounts consisting real accounts in practical circumstances............

Double entry system of accounting

What is the principal of Double Entry system of accounting? What are the advantages of Double Entry system of accounting?...................

Depreciation

What is depreciation? What are the causes of depreciation? Is it a cost? Why? What is the need of depreciation account? What is the effect of depreciation of assets on profits received by owners?..................

Balance sheet

How would you deal with following while preparing final accounts? a.) Closing Stock b.) Depreciation c.) Outstanding Expenses d.) Prepaid Expenses e.) Accrued Income f.) Income receieved in advance g.) Bad debts h.) Provision for doubtful debts i.) Provision for discount on Debtors j.) Interest on Capital k.) Drawings l.) Deferred revenue expenditure written off m.) Abnormal Loss n.) Goods distributed as free samples o.) Goods sent on approval basis p.) Commission payable to the manager

Bank reconciliation statement

Explain Bank Reconciliation Statement. Why is it prepared? What are the reasons which cause pass book of the bank and your bank book not tally?.....................

Capital market

What does capital market mean? How does the company raise funds in capital market? What "rights issue" do the shareholders of a company have under Companies Act, 1956? What are the eligibility criteria for an unlisted company to make public issue?

Tell us about yourself? Do you have some other specialization in M.B.A finance sector? Why do you want to work in this sector when this sector is full of pressures and stress? What do you understand by term Finance? Tell us the importance of M.B.A finance over other finance branches in Finance sector? Describe the job responsibilities of a M.B.A finance expert? Do you think you need training to start working with us? How many days of training is required? Are you aware with M.B.A finance terminology? Explain Maximum Likelihood Estimation? Why it is used in finance? Discuss Black Scholes Model? Why robust is Black Scholes Model? What are the limitations of this model? Distinguish the Finance account opening in bank and Finance account opening in accounts department? Also mention the documents required for both accounts? What are you salary expectations? Do you have any questions to ask?

Financial-Management interview question Financial-Management interview question

what is the difference between bank rate and repo rate? what is the difference betwen p & l a\c and income & expenditure statement? Being the finance manager being of a company how will you make finance forecasting ? What is GDP? What is SEBI? What is Demat Account? what is the use of it? What is asset accounting in sap fico What is Depreciation? What is asset accounting in sap fico What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hands to meet its obligation at all times? On which basis sensex and nifty will be maesured and also how the infletion rate measured What is EURO BOND?