Here are some *mock interview questions* tailored to your resume, along with
*tips on how to answer them*:
*1. Tell me about yourself.*
*Tip:* Keep it concise. Cover your education, internship experience, and career
aspirations.
*Sample Answer:*
"I am currently pursuing an MBA + PGPM from IQ City United World School of
Business, specializing in finance. I completed my B.Com (Hons) from Burdwan Raj
College with 83%. During my internship at C.A. Sushil Bhakat & Co., I gained
hands-on experience in accounting, taxation, and auditing. I have also completed
certifications like the PWC Tax Launchpad, which helped me deepen my
understanding of taxation. Apart from academics, I actively invest in financial
instruments and enjoy analyzing stock market trends. I am now looking to apply
my financial knowledge in a dynamic role that allows me to grow professionally."
---
### *2. What were your key responsibilities during your internship?*
*Tip:* Use the STAR method (Situation, Task, Action, Result) to structure your
answer.
*Sample Answer:*
"During my internship at C.A. Sushil Bhakat & Co., I assisted in *audits,
bookkeeping, GST return filing, and financial reporting*. One of my key
contributions was supporting the preparation of tax returns for multiple clients,
ensuring compliance with GST regulations. I also interacted with clients to address
their taxation queries, which improved my communication skills. This experience
strengthened my understanding of financial regulations and practical accounting."
---
### *3. What do you know about GST, and why is it important?*
*Tip:* Explain the concept clearly and mention its benefits.
*Sample Answer:*
"GST, or Goods and Services Tax, is an indirect tax that replaced multiple taxes like
VAT, service tax, and excise duty in India. It follows a *multi-stage, destination-
based tax system* and is classified into CGST, SGST, and IGST. GST is important
because it simplifies taxation, eliminates cascading taxes, and increases
compliance and transparency in the economy."
---
### *4. Can you explain a financial statement and its components?*
*Tip:* Mention balance sheet, income statement, and cash flow statement.
*Sample Answer:*
"A financial statement consists of three key reports:
1. *Balance Sheet* – Shows a company’s assets, liabilities, and equity at a specific
point in time.
2. *Income Statement* – Highlights revenue, expenses, and profit over a period.
3. *Cash Flow Statement* – Tracks cash inflows and outflows from operations,
investing, and financing activities.
Understanding these statements helps in analyzing a company’s financial health
and making informed investment decisions."
---
### *5. How do you analyze stocks before investing?*
*Tip:* Show your knowledge of fundamental and technical analysis.
*Sample Answer:*
"When analyzing stocks, I use both *fundamental and technical analysis*:
- *Fundamental Analysis:* I study the company’s financials, revenue growth, P/E
ratio, debt levels, and future growth potential.
- *Technical Analysis:* I check price trends, moving averages, and market
sentiment before making investment decisions.
For long-term investments, I focus more on fundamentals, while for short-term
trading, I rely on market trends and technical indicators."
---
### *6. What accounting software or tools have you used?*
*Tip:* If you’ve used Tally, Excel, or any taxation software, mention them.
*Sample Answer:*
"I have experience working with *Tally, Microsoft Excel, and GST filing software*.
During my internship, I used Excel for financial reporting and Tally for
bookkeeping. I also worked with GST filing software to help clients prepare and
submit their returns."
---
### *7. What is the difference between direct and indirect taxes?*
*Sample Answer:*
"*Direct taxes* are paid directly by individuals or businesses to the government,
such as *income tax and corporate tax*.
*Indirect taxes* are collected by intermediaries and passed on to the government,
such as *GST and excise duty*.
The key difference is that direct taxes are based on income, while indirect taxes
are levied on goods and services."
---
### *8. Where do you see yourself in the next 5 years?*
*Tip:* Align your answer with your career goals in finance.
*Sample Answer:*
"In the next five years, I see myself working in the financial sector, specializing in *taxation, auditing, or
investment management*. I aim to develop expertise in financial consulting and eventually take on a
leadership role where I can help businesses with tax optimization and financial planning."