CRISIL Consultant Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 9 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at CRISIL.
CRISIL
Consultant
Mid Average Negative experience No offer 2 rounds
Interview process
Recruiter call Phone screen Onsite
Interview formats
Behavioral Technical
I had two interviews back-to-back online. The first was with a manager, and the second was with an associate from the team I'd be joining. The associate interview was a good chat, but the manager interview was a mess. The interviewer had a terrible microphone, was hard to understand, and kept getting distracted by stuff happening at home. They even turned off their camera twice and muted themselves multiple times to talk to someone off-screen while I was answering questions. It was super rude and really distracting.
Confirmed questions1 question
- Can you tell me about your background?
CRISIL
Consultant
Mid Average Positive experience Accept offer 1 round
Interview process
Technical screen
Interview formats
Technical
The interview process consisted of a technical screen where I was asked several questions related to Value at Risk (VaR) and risk measurement. The questions covered calculating VaR, its limitations, non-linear VaR, parametric and historical methods, Monte Carlo simulations, challenges with mixed portfolios, GVAR, calculating VaR for a specific portfolio scenario, extreme value theory, and Expected Shortfall.
Confirmed questions8 questions
- Can you explain how to calculate Value at Risk (VaR)?
- What are the shortcomings of using VaR to measure risk?
- Could you define non-Linear VaR and describe its calculation?
CRISIL
Senior Consultant
Senior Easy Positive experience Accept offer 2 rounds
Interview process
Group Background check Offer
Interview formats
Group Behavioral
I was hired from campus. We started with a Group Discussion on how to rate movies and what goes into that. Then, there was a main interview with a Senior Director and a Director from Business, plus another Director from HR. It was a quick chat, mostly about my MBA work and my reasons for wanting to work at CRISIL.
Confirmed questions1 question
- The interview was mostly along expected lines and there was nothing unexpected.
CRISIL Consultant Interview Questions
Quoted word for word from CRISIL interview reports.
“What are the shortcomings of using VaR to measure risk?”
Read reports →“What is the parametric method for calculating VaR, and what are its benefits?”
Read reports →“What are the reasons for using Monte Carlo simulations to calculate VaR?”
Read reports →“What is Expected Shortfall, and how is it computed?”
Read reports →“Describe the historical method for calculating VaR and its advantages.”
Read report →“What is GVAR, and how would you go about calculating it?”
Read report →“Given a $50m portfolio with a 2% daily standard deviation and a 95% confidence level, what is the one-day VaR? And what's the annualized VaR?”
Read report →“What difficulties arise when calculating VaR for a portfolio with different types of assets?”
Read report →“Could you define non-Linear VaR and describe its calculation?”
Read report →Formats, difficulty and experience
Across all 9 CRISIL interview reports.