Capital Iq: Company Profile Interview Tips and Questions

Capital Iq: Company Profile Interview Tips and Questions

About Capital IQ , Its Interview Questions and Its Campus Recruitment Process

First of All let us Know a bit about the Company Capital IQ.

• The Company Profile (www.capitaliq.com)

Capital IQ, a Standard & Poor's business (a McGraw-Hill Company), provides High-impact Information and Work flow Solutions to over 4200 client firms including many of the world's most successful investment banks, investment management firms, private equity firms, consultants, and corporations.

Founded in 1999, we are headquartered in New York City with offices located in San Francisco, Chicago, Los Angeles, Houston, Boston, London, Hyderabad and Gurgaon.

Our solutions are based on the Capital IQ Platform, Computation, Clarify, and Alpha Works products through which we offer an array of powerful applications for desktop research, screening, real-time market data, back-testing, portfolio management, financial modeling, and quantitative analysis.

We help client’s access deep information on companies, people, securities, industries, and markets worldwide. Our solutions are provided through our web and Excel-based applications as well as client-side systems.

People strength- 4500+ 

Competitors of Capital IQ are:

Bloom berg L.P,Lexis Nexis,Thomson Reuters

Campus Recruitment Process:

The Recruitment Process (Steps Involved):

Capital IQ shares the Job Description and other details like Compensation, Work timings, Place of work etc. Also shares the initial selection criteria for the interested candidates. The following Criteria should be fulfilled:

Class X- 70% and above

Class XII-70% and above

Graduation- Aggregate of 50% and above

MBA/Masters- 60% and above.

Hiring Process:

On the Campus

Ø Aptitude Test for the shortlisted candidates

Ø Company Presentation

Ø Shortlisted Candidates via aptitude test go through an HR round of Interview

Ø Candidates from the HR round undergo a Level II test. Candidates shortlisted from  Level II Test undergo TL/Manager Level round of  Interview  

Ø Candidates shortlisted from TL/Manager Level round of Interview undergo Director level round of Interview

Ø  Final List of HIRES communicated to the     Placement Coordinator

Ø Process Closed 

 Q 1 What is the difference between charge and appropriation ?

Ans: The difference between charge and appropriation cab be stated with the following example:

For charge depreciation can be an example....  whether there

is a profit or loss the depreciation is charged to the

Profit and loss account..For appropriation.. Reserves or tax

can be taken as an example.. it can be only appropriated

when there is a profit.. Otherwise there is no

Appropriation.. For charge let there be a profit or loss it

is valid.. Appropriation is only valid when there is a profit.

Q2. What is bank reconciliation statement?

Ans: A form that allows individuals to compare their personal bank account records to the bank's records of the individuals account balance in order to uncover any possible discrepancies.

Q3.What is nifty?
Ans: Nifty is an indicator of all the major companies of the

NSE.Actual this is stock exchange place where all company

and investors see the actual gain/loss which they have got.

Q4.What do you mean by margin of safety?
Ans: IT IS THE DIFFERENCE B/W ACTUAL SALES&BREAK EVEN SALES.IT

CAN BE REPRESENTED BY THE FOLLOWING FORMULA.

MARGIN OF SAFETY=ACTUAL SALES - BREAK EVEN SALES

Q5.Difference between Reserve capital and capital reserve?
Ans: Reserve capital if that part of reserve which may use on

the event of winding off the company .... but capital

Reserve is a part of profit.......

Q6.What is share premium?
Ans:Share Premium means excess issue price over the face value.
Q7.What is debt equity ratio?
Ans: A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity. It indicates what proportion of equity and debt the company is using to finance its assets.

Note: Sometimes only interest-bearing, long-term debt is used instead of total liabilities in the calculation.

Also known as the Personal Debt/Equity Ratio, this ratio can be applied to personal financial statements as well as corporate ones.
 Q8. What is ADR DEFINE ?Ans: It is American Depository receipt issued by non American
company to raise capital in US
Q9. Tell me about some accounting concepts?
Ans: There are 10 concepts.They are as follow:

1.Business Entity concept

2.Going Concern concept

3.Money Measurement concept

4.Cost concept

5.Accounting Period concept

6.Dual Aspect concept

7.Matching concept

8.Realization concept

9.Accrual concept

10.Objective Evidence concept.

Q10.What are bills of exchange?
Ans: Definition

An unconditional order issued by a person or business which

directs the recipient to pay a fixed sum of money to a third

party at a future date. The future date may be either fixed

or negotiable. A bill of exchange must be in writing and

signed and dated. also called draft.

Q11.What is private placement?
Ans: The sale of securities to relatively small number of selected

investors as a way of rising capital. It was an opposite of

public issue.

Q12.What is net worth ?
Ans: The amount by which assets exceed liabilities,

This term can be applied to companies and individuals

Q13.What is zero-base budgeting?
Ans: A method of budgeting in which all expenses must be justified for each new period. Zero-based budgeting starts from a "zero base" and every function within an organization is analyzed for its needs and costs. Budgets are then built around what is needed for the upcoming period, regardless of whether the budget is higher or lower than the previous one.

ZBB allows top-level strategic goals to be implemented into the budgeting process by tying them to specific functional areas of the organization, where costs can be first grouped, then measured against previous results and current expectations.
Q15.What is the meaning of the capital IQ?
Ans: A research and analysis company that offers a variety of software and data feeds to thousands of investment managers, investment banks, private equity funds, advisory firms, corporations and universities. Its major products are the Capital IQ platform, which provides fundamental analysis, and Compustat, Money Market Directories (MMD), Xpressfeed and SystematIQ, which provide quantitative research


Q16.What is the difference between single entry system &double entry system?
Ans: In the single entry system only one aspect of the business transaction will be recorded in the books of accounts.
but in the double entry system both aspects of the business transaction will be recorded,
for example i am selling the machinery to kiran.
in this two accounts are involved.
i,e:kiran a/c and machinery a/c.
so in the single entry system we will record only kiran a/c as a debtorand we dont record the a/c regarding the machinery.
but in the double entry system we will record both aspects of the transaction.
it means we will record
kiran a/c ---dr
to machinery a/c.
so it wil give complete information about the business transaction.

 Q17. What Amount taken if company get  asset free?      
Ans: As per accounting rule if cost of asset is below 5000 you sgould book it in to your books of account as Re/- 1/.


                                  2011 Capital IQ Placement Paper I

1.In recommendations to the board of trustees a tuition increase of $500 per year, the president of the university said "There were no student demonstrations over the previous increases of $300 last year and $200 the year before".
If the president’s statement is accurate then which of the following can be validly inferred from the information given:
I. Most students in previous years felt that the increases were justified because of increased operating costs.
II. Student apathy was responsible for the failure of students to protest the previous tuition increases.
III. Students are not likely to demonstrate over new tuition increases.

(a) I only
(b) II only
(c) I or II but not both
(d) I, II and III
(e) None

Ans. (a)

2. When the democratic party holds presidency, the staff of the prime minister’s deputies are composed

I. One-fourth of democratic party members
II. One-half of justice party members and one-fourth of conservative party members
III. One-half of conservative party members and one-fourth of justice party members.

(a) I only
(b) I and II only
(c) II or III but not both
(d) I and II or I and III
(e) None of these

Ans. (a)

3. Which of the following is allowable under the rules as stated:

(a) More than half of the staff within a given office belonging to a single party
(b) Half of the staff within a given office belonging to a single party
(c) Any person having a member of the same party as his or her immediate superior
(d) Half the total number of staff members in all three offices belonging to a single party
(e) Half the staff members in a given office belonging to parties different from the party of the top office holder in that office.

Ans. (a)

4. The office of the Army Chief passes from Conservative to Justice party. Which of the following must be fired.

(a) The democratic deputy and all staff members belonging to Justice party
(b) Justice party deputy and all his or hers staff members
(c) Justice party deputy and half of his Conservative staff members in the chief of staff office
(d) The Conservative deputy and all of his or her staff members belonging to Conservative party
(e) No deputies and all staff members belonging to conservative parties.


5. what is NSE free float capitalization

6. what is exact difference between copy rights and patent rights?

7. what is by brs?

8. why the debit balance of p&l a/c shows in asset side of balance sheet    

9. what is minut      

10. what is capita employed?      

11. what do you mean by semi-variable cost?      

12. what do you mean by working capital?

13. what is zero based budgetting    

14. what is delapidation

15. what are share warrants?      

16. what are the types of the Balance sheets ?      

17. what is zero base budgeting

18. what is debentures, types of debentures

19. what is meant by bridge finance

20. what is brs?

21. what is sharesplit and types of it explain?

22. what is the difference between take over and aquisation?          

23. what is the formula for profit margin?      

24. what is deference between Revenue and Income

25. what perposs calculate the fixed assets?
  
              2011 Capital IQ Placement Papers - II

1. what is treasury stock      

2. what are fictious assets? give some examples?

3. what is debenture ?

4. what about the company background?          

5.What is the entry for forfeiture of shares?      

6. What is contingent event?           

7. What is Break Even Point?          

8. What is marginal costing?           

9. Difference between operating profit and netprofit.          

10. Company A is having operating cycle of 15days...b is having operating cycle of 10 days which company is having better position      

11. what is deferred revenue expenditure?

12. what is assets

13. what is the meaning of the capital ique

14. what is brench finance please telL me immediately           

15. define finance

16. what is the difference between npv and irr method of capital budgeting and which one is better?      

17. Types of Debentures

18. what is float discuss?      

19. Company why should issue Debentures and shares, Which one should issue better for company and why?           

20. what is fixed cost?
           
21. In Banking industry difference between interest income and interest expenses is called as .............

22. what is the effect of crr hike on market?      

23. how cash enters in market?
 
24. What Are Hedge Funds?
25. What do you understand by Private Equity? What is the difference b/w PE and Venture Capital                                     

                                             BEST OF LUCK