Business Analyst Interview Questions in Richmond, VA | Glassdoor

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Business Analyst Interview Questions in Richmond, VA

Business Analyst Interview Questions in Richmond, VA

When interviewing a candidate for a business analyst role, employers are looking to assess your analytical problem-solving skills as well as your communication and collaboration skills. Be prepared to analyze a business case study and answer behavioral questions that often test your ability to handle challenging stakeholders or tight deadlines. Business analysts must also be creative thinkers, so expect to tackle a few unusual brainteasers that are designed to see how well you can think through a complex problem.

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Anti-freeze: planning to buy a company with 12.5 in cash, 10% bonds for the remaining amount. Total worth of the company $137.5. assuming there is no discount rate. When will u break-even. And is it a good buy? Part(2) - Anti-freeze is currently priced at $8, with 60% market share; there are other products in the market(A) priced at $7 with 15% market share, (B) at $7 with 7% market share and (c) with $5 and 10% market share. Should we consider decreasing our price by $1 or NOT?

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Hi, do you mind post the answer as well? Appreciate it.

What are we breaking even with ? The 12.5 cash investment ? How much cash flow does the new product generate ?

breakeven: you paid 12.5 today, and 137.5 in future, and no interest rate, so you have to make 150 to break-even. pricing: have to have cost and volume, and historical data of price elasticity. If not, use breakeven analysis. assuming total market volume remains as price drops, and that this price elasticity takes into consideration of all factors including dynamics of market share rebalance and volume change to this company only, set price elasticity to be x, cost to be c, total volume to be V, we have (8-c)*0.6V = (7-c)*0.6V*(1-x/8), x=(c-7)/8, if absolute value of price volatility is larger than this, we decrease price.

The first case was fairly straight forward: (1) Asked to calculate bank profitability with a given interest rates on deposits, a fixed reserve ratio, an interest rate on loans and a fixed fee value. (2) Tasked with assessing the viability of a marketing proposal where you're expected to introduce the idea of a market test. (3) Values are given for the market test and you're asked to calculate the profitability of the bank if the marketing plan was implemented. (4) Go-no/go decision at the end.

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The second case was much more complex: (1) Qualitatively analyze two different online application methods--their potential strengths and weaknesses. (2) You're given values and asked to determine which method is more profitable. (3) You're asked to determine if the relationship between the two methods and their respective profit rates are contingent on volume.' (4) Different values are given to you in which case it becomes evident that the profitability of each method varies with volume. (5) You're asked to explain the situation qualitatively--why profitability is changing with volume for the two methods. (6) You're asked to quantitatively determine the volume at which there's a shift in profitability between the two measures. (7) If you're unable to immediately set up the system of equations, the interviewer will ask you to draw out the relationships on a graph. (8) You're asked to determine whether the relationships are linear or nonlinear. If you draw the relationships correctly, you're supposed to be able to determine how to set up the system of equations. (9) Once you figure out the value for Q where the profitability of the two options shift, you're asked to determine a strategy over a specific period of time where you know, before the fact, what the volume will be.

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In a call center scenario, determine the average talk time, total talk time, call duration etc.(data given)

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Case about credit cards where you had to take multiple percentages of percentages (note: much harder than their online sample case!)

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Break Even about credit default rates

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How good are your Excel skills?

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The business cases were the most difficult just dealt with break even points, but with thrown off as one was not related to credit solutions or the company at all.

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Maximize profit

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Tell me a time when you had to influence clients to follow a different course of action.

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