90+ MBA Interview Questions For Commerce Graduates Asked By Top B-Schools
Table of content:
- MBA Interview Questions: B.Com Economics
- B.Com Marketing
- B.Com Finance
- B.Com Accounting and Finance
- Business Studies
- Chartered Accountant
“Victory Is Always Possible for The Person Who Refuses To Stop Fighting” – Napoleon Hill.
With the announcement of CAT results, many top B-Schools of India have released their shortlist for the WAT-GD-PI process. The resounding question in the mind of the aspirants is, “What questions will be asked in the personal interview?”
After Engineers, students from Commerce background constitute a majority segment of these aspirants. Though the CAT itself is a huge hurdle for commerce students, the nature of interviews definitely gives an edge to these aspirants. The less percentile requirement and diversity weightage provides an advantage to commerce students so that they can compete for neck-to-neck with engineers.
The majority of the commerce students aim to pursue their master’s in Finance Management, so the ever-persistent question in front of them is, “Why do you want to do an MBA in Finance Management?”. Apart from that, they need to know the specific specialization-based questions that are asked in the personal interviews.
The following is a list of the common interview questions that you be prepared for:
MBA Interview Questions: B.Com Economics
A few important MBA Interview Questions asked from economics students are:
S.No. | Questions |
1. | What is the current state of the Indian economy? |
2. | How well-informed are you on this year’s budget and the economy? |
3. | What exactly is the difference between inflation, stagflation, deflation & recession? |
4. | Is there any way for the RBI to withdraw excess money supply from the FOREX market? |
5. | Tell us about the RBI's operations, and who is the current governor? |
6. | Will different countries' protectionism policies like AatmaNirbhar Bharat and America First result in a new global recession? |
7. | What is the difference between CRR, Repo Rate, Reverse Repo Rate, and Bank Rate, and how does the RBI employ them? |
8. | What role do you believe GDP plays in a country's economy? |
9. | How many nationalized banks are there in India? |
10. | What is the Balance of Payments? Is FOREX included in it. |
11. | What is the difference between direct and indirect taxes? |
12. | What is the definition of macroeconomics? |
13. | What do you know about the trade war between the United States and China? |
14. | What does it mean to have equi-marginal utility? |
15. | Tell us the difference between the Money Market and Capital Market. |
16. | What operations does SEBI perform? |
17. | Is there any talk of establishing new banks in India? |
18. | What formula do you use to determine the value of a dollar? |
MBA Interview Questions: B.Com Marketing
A few important questions for Marketing students are:
S.No. | Questions |
1. | What exactly is marketing? |
2. | What do you find most fascinating about marketing and sales? |
3. | Is there a distinction between marketing and selling? |
4. | Tell me about the four p's of marketing. |
5. | Tell me a little about PLC (Product life cycle). |
6. | What are the requirements of a new salesperson? |
7. | What motivates you to pursue a career in marketing? |
8. | What are the keys to a successful marketing campaign? |
9. | Are you a naturally competitive person? |
10. | Explain the AIDA model. |
11. | Which company’s marketing strategy do you like the most? |
12. | What is the difference between needs and wants? |
13. | What is the marketing concept? |
MBA Interview Questions: B.Com Finance
A few important MBA interview questions for Finance students.
S.No. | Questions |
1. | What is the meaning of finance? |
2. | How many types of financials do you know? |
3. | What does the finance function entail? |
4. | What are the objectives of the finance department? |
5. | What exactly do you mean when you say accounting concepts? |
6. | What do you mean by capital expenditures? |
7. | What do you mean by deferred expenditures? How are these costs accounted for in the profit and loss statement? 'Explain the concept of real accounts. |
8. | What are the benefits of the Double Entry Accounting System? |
9. | What do you know about the term debentures? |
MBA Interview Questions: B.Com Accounting and Finance
A few important questions for Accounting and Finance students are:
S.No. | Questions |
1. | What is the formula for calculating income tax? |
2. | Do you believe operating profit may exceed gross profit? |
3. | Tell me about the concept of double-entry bookkeeping. |
4. | What is the definition of income tax? |
5. | If you have a balance sheet for a small business, how would you decide whether or not to fund it? |
6. | What is the current state of India's foreign exchange reserves? |
7. | What is the total number of accounting standards? |
8. | Which language was the first to introduce accountancy? |
9. | What exactly is liquidity? |
10. | How do you tell the difference between book and market value? |
11. | What is capital budgeting, and how does it work? |
12. | Can you tell the difference between current and fixed assets? |
13. | What is the definition of indirect tax? |
14. | What is the definition of investment banking? |
15. | What are the many kinds of taxes? |
16. | Could you explain how Private Banking operates? |
17. | What is Marginal Costing, and how does it work? |
18. | What are current long-term liabilities? |
19. | Explain the dual aspect concept in accounting. |
20. | What is the trial balance in the ledger account? |
21. | What is the difference between a balanced account and a nominal account? |
22. | What is an operative account? |
MBA Interview Questions: Business Studies
A few important questions for Business Studies students are:
S.No. | Questions |
1. | Do you know who Peter Drucker is? Tell us about some of his contributions to management theory development. |
2. | What is the management approach based on systems? Also, discuss its advantages. |
3. | Can you talk about some of the job training strategies used by a company? |
4. | What elements do you think to influence a company's location? |
5. | Could you describe the steps involved in employing human resources at a company in a few words? |
6. | Is it really worth the astronomical costs of planning? Explain. |
7. | What procedures does management follow during the planning process? |
8. | What are the most important aspects for management to consider when planning? |
9. | Why are rules regarded as plans? |
10. | Why is it critical for businesses to be aware of their surroundings? Briefly explain. |
11. | What exactly do you mean when you say "business environment"? |
12. | What do you know about Henry Fayol's Principle of Esprit de Corps? |
13. | What do you know about Taylor's definition of scientific management? |
14. | Is it possible for you to speak about scientific management? Name three of the organization's guiding values. |
15. | Is management a science or an art? |
16. | Ritu is the manager of a multinational corporation's northern division. What level of the organization does she work at? What are her primary responsibilities? |
17. | What is the concept of a company entity? |
18. | What exactly is EQ? |
19. | What is the business entity concept? |
MBA Interview Questions: Chartered Accountant
A few important questions for Chartered Accountants are:
S.No. | Questions |
1. | What is the difference between Merger and Acquisition? |
2. | What is Risk? How will you measure Risk? |
3. | What is the difference between Capital Reserve and Reserve Capital? |
4. | What is the difference between marginal and absorption costing? |
5. | Name any 5 companies of the Fortunate 500 and when did they start. |
6. | What are Carbon Credits? Explain. |
7. | What is the difference between bond and debenture? |
8. | What affects currency valuation? |
9. | What are the 5 steps of Revenue recognition? |
10. | What are the responsibilities and roles of a CA in a company or organization? |
11. | What is the difference between a reserve and a provision? |
12. | What is the difference between accounting and auditing? |
13. | How will you manage inefficient spending on a particular activity? |
14. | How many accounting standards have been published so far? |
15. | What are the differences between perpetual and periodic inventory systems? |
16. | Can you give an example of bogus assets? |
17. | What do you mean by dormant accounts and inactive accounts? |
18. | What do you think the accounting profession's biggest difficulty is right now? |
19. | What are the mandatory disclosures to the market regulator that a corporation must make? |
20. | Do the responsibilities of a CA differ depending on the industry or department? |
In addition to these questions, you should always prepare for the unexpected and keep revising your basic concepts so that you are able to perform when it is most expected.
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