EXL Business Analytics Interview Questions & Answers
Curated interview practice questions with answers. These are practice scenarios, not a verified list of past interview questions.
About EXL hiring for Business Analytics roles
EXL is a data analytics and digital operations company serving insurance, healthcare, banking and other industries. Its analytics teams build models for risk, marketing, collections and claims. In India it hires for business analysts, data analysts, data scientists and operations roles, many of them in insurance and banking analytics.
For Business Analytics roles, this EXL practice set focuses most on Case Studies and Guesstimates (9), Requirements and Agile (7), SQL for Business Analysis (4), Excel for Business Analysts (4). It has 2 easy, 34 medium, 4 hard questions, so you can start easy and work up to the harder ones.
Company type
Analytics
Headquarters
New York, USA
Main India offices
Noida, Gurugram, Bengaluru, Pune
EXL Business Analytics interview process
Online assessment (aptitude + SQL or analytics)
Technical interview
Case or guesstimate round
HR round
Typical pattern based on public candidate experiences. Rounds vary by role, team and year.
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01
What is COALESCE in SQL and how does it differ from ISNULL or IFNULL?
COALESCE returns the first non-NULL value from a list of expressions, for example COALESCE(mobile, landline, 'Not available'). It is ANSI standard and works in all major databases. ISNULL (SQL Server) and IFNULL (MySQL) accept only two arguments and are vendor-specific. Analysts commonly use COALESCE to show zero instead of NULL after a LEFT JOIN, such as COALESCE(SUM(o.amount), 0), so that customers without orders appear with zero revenue.
02
A ride-hailing app's ride cancellation rate rose from 8 to 14 percent. How would you structure the problem?
First split by who cancels: riders or drivers. For rider cancellations, check wait times, pickup accuracy, price surges and changes in ETA. For driver cancellations, check trip distance, payment mode, low fares, destination visibility and incentive changes. Then segment by city, time of day and area. Link to recent changes like a new pricing rule. Recommend fixes for the largest driver, such as better matching or adjusted incentives.
03
What sections does a good software requirements specification (SRS) contain?
A typical SRS includes purpose, scope and definitions; overall description with users, operating environment, assumptions and constraints; functional requirements, each with a unique ID, description, priority and acceptance criteria; external interface requirements for UI, APIs and integrations; non-functional requirements such as performance, security, availability and compliance; data requirements; and appendices with diagrams and a traceability reference. Each requirement should be clear, testable and traceable to a business need.
04
Developers and testers interpret the same user story differently. How do you fix this?
The story is ambiguous, so bring the three amigos together: BA or product owner, a developer and a tester. Walk through concrete examples, including edge cases and error cases, and write them as acceptance criteria, ideally in Given-When-Then format. Add business rules, sample data and mock-ups where needed. Update the story and use the same practice in refinement for future stories, so gaps are found before coding starts.
05
A food delivery company's orders fell 15%. How do you investigate?
Check data accuracy, then segment by city, restaurant, time and user type; look at supply, delivery time, pricing, competitors and seasonality before proposing fixes.
06
What is the Ansoff matrix and how is it used in growth cases?
The Ansoff matrix maps four growth strategies by product and market. Market penetration sells existing products to existing markets, the lowest risk. Product development offers new products to existing customers. Market development takes existing products to new markets, such as new cities. Diversification launches new products in new markets, the highest risk. In a growth case it structures the options before you evaluate each one's size, cost and fit.
07
What is the difference between a sprint review and a sprint retrospective?
A sprint review is held at the end of the sprint with stakeholders to demonstrate completed work, gather feedback and adjust the backlog; it is about the product. A sprint retrospective is an internal team meeting afterwards to discuss what went well, what did not and what to improve in the way of working; it is about the process. The BA often helps demo stories in the review.
08
What checklist do you apply to a BPMN diagram before sharing it with stakeholders?
Every diagram has clear start and end events and a title with version and owner. Activities use verb-noun names such as Approve invoice. Each gateway is labelled with a question and its outgoing flows with answers. Splits and joins use matching gateway types. Message flows only connect separate pools. No dangling or crossing arrows where avoidable. The happy path reads left to right. Exceptions are handled, and complex rules are referenced to decision tables rather than drawn as gateways.
Start from the questions to answer: how many users discover it, use it and later buy saved items. Define events such as save_clicked, saved_item_viewed, saved_item_removed and saved_item_purchased, with properties like product ID, price, source screen and platform. Follow the existing naming convention, assign owners, review with developers, and test events in a staging build. Build the dashboard before launch so data is checked on day one.
11
Developers say a requirement is not technically feasible, but the business insists on it. How do you mediate?
Get to the underlying business goal behind the requirement, because the goal is often achievable in another way. Ask developers to explain the constraint and the cost of alternatives. Bring both sides together with options: a simpler version, a phased delivery, a manual workaround or a different design. Show effort, risk and value for each, and let the product owner or sponsor decide. Document the decision.
12
Write an Excel formula to count the number of unique customers in a column.
// Excel 365
=COUNTA(UNIQUE(A2:A500))
// unique customers in the North region only
=COUNTA(UNIQUE(FILTER(A2:A500, B2:B500="North")))
// older versions (no blanks in range)
=SUMPRODUCT(1/COUNTIF(A2:A500, A2:A500))
13
How do you calculate monthly revenue growth in SQL?
Break the change into drivers. Price: were discounts or promotions deeper? Mix: did sales shift towards lower-margin products, channels or regions? Cost: did raw material, freight or supplier prices rise, or did currency movements raise import costs? Also check one-offs like inventory write-offs and accounting reclassifications. Build a margin bridge showing how many percentage points each driver contributed, then take the biggest driver to the business owner with a specific action.
16
A hospital chain's average patient waiting time has risen from 30 to 50 minutes. How would you approach the case?
Clarify where the wait is measured: registration, consultation, diagnostics or billing. Split the problem into demand and capacity. On demand, check patient volume, peak-hour mix, walk-ins versus appointments and new departments. On capacity, check doctor availability, no-shows of staff, consultation time per patient and process bottlenecks such as manual billing. Identify the biggest stage and suggest fixes like slot-based appointments, triage and digital billing.
17
What is a SIPOC diagram and when do you use it before detailed process mapping?
SIPOC stands for Suppliers, Inputs, Process, Outputs and Customers. It is a one-page, high-level table that lists 4 to 7 main process steps along with who supplies what and who receives the outputs. A BA uses it at the start of a process improvement project to agree on scope and boundaries with stakeholders before spending time on a detailed BPMN map. It prevents arguments later about where the process starts and ends.
18
How do you write a query to find users active in consecutive months?
Use drill-through. Create a detail page, add the Region field to the page's drill-through filter well, and design visuals for orders, products and trends. Power BI adds a back button automatically. On the summary page, users right-click a region and choose Drill through. Keep all filters on so date selections carry over. For guided navigation, you can also add buttons with bookmarks, but drill-through is the cleanest way to pass the selected region.
20
A product line shows a loss after allocated overheads. Leadership wants to shut it down. How do you advise?
Separate contribution from allocation. If the product's revenue exceeds its variable and directly attributable fixed costs, it contributes to covering shared overheads, which will not disappear if it is closed and will be reallocated to other products. Check whether the overhead allocation key, such as revenue share, is fair. Also consider strategic links, like customers who buy it alongside profitable products. Recommend shutting it only if contribution is negative or the freed capacity has a better use.
21
How do you use NPV and payback period to evaluate an investment in a case?
Estimate the upfront investment and yearly incremental cash flows, then discount future cash flows at the cost of capital to compute Net Present Value. A positive NPV means the investment creates value. Payback period is how many years until cumulative cash flows recover the investment, which shows risk and liquidity but ignores later cash flows and time value. Present both, with a sensitivity check on key assumptions like volume and price.
22
Write Given-When-Then acceptance criteria for applying a discount coupon at checkout.
Given a cart of 1,200 rupees and a valid coupon SAVE10 with a minimum order of 1,000 rupees, when the user applies it, then 10 percent is deducted and the new total is shown. Given an expired coupon, when applied, then the message 'This coupon has expired' appears and the total is unchanged. Given a cart below the minimum, when applied, then the user is told how much more to add.
23
What techniques do you use to elicit requirements?
AARRR breaks the customer lifecycle into five stages: Acquisition, how users find you; Activation, their first good experience; Retention, whether they come back; Referral, whether they recommend you; and Revenue, whether they pay. Each stage gets one or two metrics, such as sign-ups by channel, activation rate, Day-30 retention, invite rate and conversion to paid. It helps find which stage is the weakest bottleneck.
It means making sure stakeholders know realistically what will be delivered, when, and with what limits, before they form their own assumptions. A BA confirms scope in writing, states assumptions and dependencies, shares estimates with ranges, and flags risks early. When something changes, they update stakeholders immediately with options. Most stakeholder conflict comes from surprises, not from bad news itself.
27
What is a process flow and which tools do you use?
Dynamic array functions return several values that spill into neighbouring cells. UNIQUE lists distinct values, SORT and SORTBY order data, FILTER returns rows meeting conditions, SEQUENCE builds number series, and XLOOKUP can return whole rows. For example =SORT(UNIQUE(FILTER(Sales[Region], Sales[Year]=2026))) builds a live region list. They replace many helper columns and Ctrl+Shift+Enter array formulas, and the # operator references a full spill range.
29
What is a date table in Power BI and why should you mark it as a date table?
A date table has one row per day with no gaps, plus columns like Year, Quarter, Month, Week and Fiscal Period. It is related to the fact table date column. Marking it as a date table tells Power BI to use it for time intelligence functions like TOTALYTD, SAMEPERIODLASTYEAR and DATESINPERIOD, which require a continuous date range. It also gives consistent month sorting and fiscal calendars across every report.
KPIs are ongoing health measures of the business, like monthly revenue, churn or on-time delivery, tracked continuously. OKRs are a goal-setting method: an Objective is a qualitative ambition for a quarter, and Key Results are two to four measurable outcomes that show it was achieved. A KPI that is off track often becomes the subject of an OKR, for example 'reduce churn from 5 to 3 percent this quarter'.
31
An online learning platform finds that only 12 percent of learners complete paid courses. How do you analyse it?
Define completion and see where learners drop: first week, a specific module or before assessments. Segment by course, length, learner background, device and acquisition channel. Look at causes in content difficulty, video length, lack of deadlines, mentor support and job relevance. Recommend tests such as shorter modules, cohort-based deadlines, progress nudges and live doubt sessions, and measure completion and referral impact.
32
Guesstimate: how many smartphones are sold in India each year?
Use a replacement plus new-buyer approach. India has about 144 crore people; assume around 60 crore active smartphone users. If people replace phones every 4 years on average, replacements are about 15 crore a year. Add first-time buyers, say 2 to 3 percent of the remaining adult population, roughly 1.5 crore. The estimate is about 16 to 17 crore phones a year, which is close to reported industry numbers of around 15 crore.
Net revenue after discount is 600 minus 50, which is 550 rupees. Variable costs are 360 plus 60 plus 12, totalling 432. Contribution margin is 550 minus 432, so 118 rupees per order, or about 21 percent of net revenue. This is what each order contributes towards fixed costs such as salaries and rent. If the discount were raised to 150, the order would contribute only 18 rupees.
Put it first and keep it to one page or five lines on a slide. Start with the answer or recommendation, then the two or three key findings that support it, each with a number, then the impact in rupees or percentage, and finally the decision or action needed and by when. Avoid methodology details, which go in the appendix. Test it by asking whether a busy leader could act after reading only this section.
38
A client's profits are falling. How do you structure the problem?
Split into revenue and cost, then revenue into price, volume and mix, and cost into fixed and variable; check internal factors and external market factors.
39
Write a SQL query to calculate the DAU to MAU stickiness ratio for a month.
WITH daily AS (
SELECT event_date, COUNT(DISTINCT user_id) AS dau
FROM events
WHERE event_date >= '2026-10-01' AND event_date < '2026-11-01'
GROUP BY event_date
),
monthly AS (
SELECT COUNT(DISTINCT user_id) AS mau
FROM events
WHERE event_date >= '2026-10-01' AND event_date < '2026-11-01'
)
SELECT ROUND(AVG(d.dau) * 1.0 / MAX(m.mau), 3) AS stickiness
FROM daily d CROSS JOIN monthly m;
Check market size (population, online ordering share), competition, restaurant supply, unit economics per order, CAC and payback period. Propose a pilot with clear success metrics.
Tips to crack the EXL Business Analytics interview
Revise SQL, Excel and statistics such as hypothesis testing and regression, which are core to EXL analytics roles.
Practise guesstimates and simple business cases about credit card customers or insurance claims.
Learn insurance and banking analytics concepts like loss ratio, churn and collections propensity models.
Keep a one-minute story ready for every project on your CV: problem, your part, tools, result.
Practise the hard questions on this page aloud; EXL interviewers usually ask follow-ups on your first answer.
Frequently asked questions
How many rounds are there in the EXL Business Analytics interview?
Candidates usually go through 4 stages: Online assessment (aptitude + SQL or analytics); Technical interview; Case or guesstimate round; HR round. The exact rounds change with the role, team, location and your experience, so confirm the process with the recruiter.
Which topics should I prepare for the EXL Business Analytics interview?
This practice set leans on Case Studies and Guesstimates (9), Requirements and Agile (7), SQL for Business Analysis (4), Excel for Business Analysts (4). Revise those first, then practise explaining one or two of your own projects end to end, because most EXL interviewers ask you to walk through real work.
Are these the exact questions asked at EXL?
No. These are curated practice questions that match the skills and difficulty usually tested in analytics interviews like EXL's. They are not a leaked or verified list of past questions.
Where does EXL hire Business Analytics professionals in India?
EXL has large teams in Noida, Gurugram, Bengaluru, Pune. Openings and locations change often, so check the EXL careers page and filter by city and experience.
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