Deloitte is one of the well-known “Big Four” accounting firms and the biggest professional service company in terms of both revenue and staff. The company offers financial advisory services, enterprise risk, consulting, tax, and audit services with over 263900 professionals worldwide. It earned a record USD 38. 8 billion in revenues in the financial year 2017. As of 2016, Deloitte is considered the sixth-largest private organization in the United States.
Deloitte had the largest number of clients among FTSE 250 firms in the UK in 2012. It is said to have had the biggest share of the auditing market among India’s top 500 companies in 2015. The company has been ranked first by market share in consulting for the fourth consecutive year by Gartner. Kennedy Consulting Research and Advisory puts Deloitte first in global consulting and management consulting based on aggregate revenue.
Getting an interview with Deloitte as an analyst is a great accomplishment As one of the “Big Four” accounting firms, Deloitte is an extremely prestigious company to work for However, the interview process is notoriously rigorous. Thorough preparation is essential to stand out amongst the competition and land the job.
It will explain how Deloitte interviews people for analyst jobs and give you advice on how to prepare best. We’ve put together a list of some of the most common questions and good answers to them. Read on to learn how to ace your Deloitte analyst interview!.
Overview of the Interview Process
The interview process at Deloitte typically consists of three rounds:
Round 1: Behavioral Interview
You can expect to be asked a range of behavioral and situational questions in this round. The interviewer wants to get a sense of your personality critical thinking skills and past experiences. Some common questions include
- Walk me through your resume.
- Why are you interested in this role?
- Describe a time you faced a challenge on a team project. How did you handle it?
- Tell me about a time you showed leadership skills.
Round 2 Case Study
In round 2, you’ll be given a business case study and asked to analyze the data, identify issues, and propose solutions. The interviewer wants to see your analytical abilities and problem-solving process. Expect complex business scenarios with vague or missing details that you’ll need to ask smart clarifying questions about.
Round 3: Partner Interview
The final round is with a senior leader or partner at Deloitte. They will gauge your communication skills, cultural fit, and interest in the firm. Leadership principles and “behavioral anchors” that align with Deloitte’s values often come up here.
How to Prepare for the Behavioral Interview
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Review your resume thoroughly and be ready to expand on all your experiences and accomplishments. Have examples ready that show off your top skills.
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Research Deloitte’s core values like integrity, outstanding value, commitment to each other, and strength from diversity. Have stories that demonstrate these values.
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Prepare 3-5 specific examples from internships, leadership activities, or team projects that show your abilities in areas like communication, analysis, leadership, and problem-solving.
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Practice answering behavioral questions out loud. Record yourself or do mock interviews with friends.
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Be ready with smart questions to ask your interviewers, like “How do you help analysts build career advancement skills here?”
Preparing for the Case Study
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Brush up on business concepts and frameworks like SWOT analysis, Porter’s Five Forces, and basic financial statements.
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Do practice cases online or with a study group. Ask friends to role play as the interviewer.
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When given the case information, take a moment to carefully review it and jot down the key details. Clarify any ambiguities.
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Think through your approach step-by-step and narrate out loud to show your thought process. Interviewers want to see how you break down and analyze the information.
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Support your recommendations with data from the case. Bring it back to the bottom line business impact.
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Ask smart follow up questions like “What factors should be considered highest priority in developing our strategy?”
Readying Yourself for the Partner Interview
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Research who you’ll be interviewing with on LinkedIn to personalize your conversation and highlight common ground.
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Review Deloitte’s leadership principles like influence with impact, cultivates innovation, and elevates performance. Think of examples from your past where you demonstrated these.
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Be prepared to speak knowledgeably about Deloitte’s business, services, clients, and recent news. This shows your interest in the firm.
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Have smart questions ready that show your engagement. For example, “How do you see this role evolving in the next 5 years at Deloitte?”
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Convey enthusiasm and interest in the role. Speak to why Deloitte is your top choice and how you’ll contribute.
7 of the Most Common Deloitte Analyst Interview Questions
Here are some of the most frequently asked questions for Deloitte analyst candidates, along with guidelines on how to ace your answers:
1. Walk me through your resume.
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Don’t just rehash your resume. Provide additional context, details, and accomplishments.
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Emphasize experiences particularly relevant to the analyst role like technical skills, internships, data analysis projects, and leadership positions.
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Demonstrate the value you brought in key roles and the impact of your contributions.
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Tailor your response based on the specific position. Highlight different experiences for a tech analyst versus a financial analyst role.
2. Why are you interested in becoming an analyst at Deloitte?
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Show you’ve done your research on Deloitte and the role. Talk about specific things that excite you.
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Emphasize Deloitte’s culture, values, leadership, prestige, diversity, and training opportunities as reasons the firm appeals to you.
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Share why you’re interested in management consulting and how you believe Deloitte will help you build the right skills and experiences to advance your career goals.
3. Tell me about a time you overcame a challenge or obstacle.
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Choose an example that demonstrates grit, resilience, and your problem-solving abilities.
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Explain the situation briefly, but spend more time describing your actions and the positive results. Quantify your impact if possible.
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Share lessons you learned and how you grew professionally from the experience.
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If relevant, tie it back to how this story showcases skills needed to succeed as a Deloitte analyst.
4. Describe a time you showed strong leadership.
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Pick an example that highlights leadership traits Deloitte values like influence, motivation, decision-making, and vision.
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Set the context briefly but emphasize how you specifically demonstrated leadership.
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Share quantifiable outcomes you achieved and what you learned to become a better leader.
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Tie it back to how this experience will make you an effective leader at Deloitte.
5. Tell me about a time you worked on a team and disagreed with the approach. What did you do?
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Demonstrate you can think critically while remaining collaborative and open-minded.
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Explain your thought process and concerns constructively and objectively. Emphasize teamwork.
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Share how you sought to understand your team’s perspective and contributed your view to arrive at an even stronger solution.
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Conclude with the positive end result for the team and company thanks to combining diverse viewpoints.
6. How would you approach this business case study?
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Take a moment to review the details and ask clarifying questions.
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Walk through your step-by-step approach to analyzing the case. Show your structure and logic.
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Explain business frameworks and analytical techniques you would employ.
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Describe how you would develop strategic solutions and tie them back to the case data.
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Convey your ability to think critically and problem solve under pressure.
7. Where do you see your career in the next 5 years?
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Demonstrate you’ve researched Deloitte’s analyst career paths and advancement opportunities.
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Express your interest in staying long-term at Deloitte if given the opportunity.
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Share your skills and value you hope to develop that align with Deloitte’s leadership principles.
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Discuss your passion for growing in the field and interest in progressing into higher levels of responsibility at Deloitte.
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Ask insightful follow up questions showing your engagement.
Putting It All Together
With rigorous preparation, you can truly shine throughout Deloitte’s multi-round analyst interview process. Research the company culture and role. Review your experiences and skills through the lens of Deloitte’s values and principles. Practice responding to likely questions out loud. Showcase your intellect, analytical abilities, leadership potential, and fit with the firm’s collaborative culture. Come armed with thoughtful questions that demonstrate your engagement. With these tips, you’ll be ready to have a winning interview and launch your career as a Deloitte analyst!
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What is the starting salary for a fresher in Deloitte?
Deloittes starting salary for freshers is roughly 4.5 lakhs per year.
Deloitte Interview Process (My Experience)
FAQ
What does an analyst do at Deloitte?
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