Getting ready for a Product Analyst interview at IHS? The IHS Product Analyst interview process typically spans a diverse set of question topics and evaluates skills in areas like probability, analytics, case study analysis, and presenting insights to stakeholders. Interview preparation is especially important for this role at IHS, where candidates are expected to demonstrate strong analytical thinking, communicate complex findings effectively, and deliver actionable recommendations that align with business objectives. Success in this interview requires not only technical proficiency but also the ability to tailor your approach to the company’s data-driven decision-making and collaborative environment.
In preparing for the interview, you should:
At Interview Query, we regularly analyze interview experience data shared by candidates. This guide uses that data to provide an overview of the IHS Product Analyst interview process, along with sample questions and preparation tips tailored to help you succeed.
IHS Markit is a global leader in information, analytics, and solutions, serving major industries and markets that drive economies worldwide. The company partners with business, finance, and government clients to deliver comprehensive insights that enable well-informed, confident decision-making. With over 50,000 key customers in more than 140 countries—including 85 percent of the Fortune Global 500—IHS Markit provides critical data and analysis across sectors. As a Product Analyst, you will contribute to developing and refining solutions that empower clients to make strategic decisions, supporting the company's commitment to sustainable, profitable growth.
As a Product Analyst at Ihs, you will be responsible for gathering and analyzing data to inform product development and strategy decisions. You will collaborate with cross-functional teams, including product managers, engineers, and marketing, to assess market trends, customer needs, and product performance. Key tasks typically include conducting competitive analysis, monitoring KPIs, and preparing reports that guide product improvements. This role is essential for ensuring Ihs delivers products that meet market demands and align with the company’s business objectives, ultimately supporting growth and innovation.
The process typically begins with an online application and resume screening, where recruiters and hiring managers assess your background for relevant experience in analytics, product management, and data-driven decision-making. They look for strong communication skills, demonstrated analytical thinking, and familiarity with SQL, probability, and data visualization, as well as experience presenting insights to stakeholders. Tailoring your resume to highlight business analytics, product analysis, and cross-functional collaboration can improve your chances of progressing.
Next, you’ll have an initial phone or video screen with a recruiter or HR representative. This conversation is generally brief (15–30 minutes) and focuses on your motivations for applying, your understanding of the Product Analyst role, and your ability to communicate clearly. Expect questions about your previous experience with analytics projects, your approach to problem-solving, and your interest in IHS. Prepare by reviewing your resume, practicing concise self-introductions, and articulating your fit for the company and role.
The technical stage often includes a combination of assessments and live interviews. You may be given a written or online test covering topics like probability, quantitative aptitude, SQL queries, and business analytics scenarios. Some processes include a take-home case study, where you’ll be asked to analyze a product or market scenario, derive insights from data, and craft recommendations. You may also face technical interviews with team members, focusing on your analytical approach, familiarity with data tools, and ability to interpret and communicate complex results. To prepare, review core concepts in probability, analytics, and SQL, and practice structuring your approach to open-ended business problems.
Behavioral interviews are a significant part of the process and may be conducted one-on-one or with small panels. Interviewers explore your teamwork, adaptability, stakeholder management, and communication skills. Expect scenario-based questions that probe your experience handling ambiguous situations, aligning with cross-functional teams, and overcoming project challenges. Demonstrating clear, structured responses using real examples from your work or academic history will be key here.
The final stage often involves a series of interviews with senior leaders, product heads, or executive directors. You may be asked to present your take-home case study or walk through a technical assessment, followed by in-depth discussions on your analytical thinking, business acumen, and strategic recommendations. This round may also include a tour of the office or introductions to potential teammates. Preparation should focus on refining your presentation skills, anticipating follow-up questions, and being ready to discuss your thought process and the impact of your past work.
Once interviews are complete, successful candidates typically receive an offer from HR or the recruiter. This stage covers compensation, benefits, and start date, and may involve some negotiation. Come prepared with market research on compensation benchmarks for Product Analyst roles and a clear understanding of your priorities.
The IHS Product Analyst interview process can vary widely in duration. For some candidates, the process moves quickly and may be completed within a week—especially if all interviews are scheduled back-to-back or conducted in a single day. However, it is not uncommon for the process to extend over several weeks or even months, particularly if multiple rounds, take-home assignments, or group interviews are involved. Fast-track candidates may progress within 7–10 days, while standard timelines typically span 2–6 weeks, depending on scheduling logistics and the number of interviewers involved.
Next, let’s break down the types of interview questions you can expect at each stage of the IHS Product Analyst process.
Expect questions that evaluate your ability to define, track, and interpret key business and product metrics. Focus on how you translate raw data into actionable insights for stakeholders and measure the impact of product changes.
3.1.1 You work as a data scientist for ride-sharing company. An executive asks how you would evaluate whether a 50% rider discount promotion is a good or bad idea? How would you implement it? What metrics would you track?
Outline the experiment design, specify relevant metrics (e.g., conversion rate, retention, profitability), and discuss how you would monitor both short-term and long-term effects. Reference control groups and potential confounding factors.
3.1.2 Let’s say that you're in charge of an e-commerce D2C business that sells socks. What business health metrics would you care?
List and justify core metrics such as customer lifetime value, retention, churn, average order value, and cohort performance. Explain how each metric informs strategic decisions.
3.1.3 How would you analyze how the feature is performing?
Describe an end-to-end framework to assess feature performance, including defining success criteria, tracking KPIs, and segmenting users. Discuss how you would communicate findings to product and business teams.
3.1.4 store-performance-analysis
Identify metrics to measure store success, such as revenue per location, conversion rates, and traffic patterns. Suggest visualization and reporting approaches for ongoing monitoring.
3.1.5 Cheaper tiers drive volume, but higher tiers drive revenue. your task is to decide which segment we should focus on next.
Compare segment profitability versus growth potential, using data to weigh trade-offs. Recommend a prioritization strategy based on business goals.
These questions test your ability to design experiments, validate results, and apply statistical rigor to product decisions. Be ready to discuss A/B testing, confidence intervals, and how you interpret ambiguous outcomes.
3.2.1 An A/B test is being conducted to determine which version of a payment processing page leads to higher conversion rates. You’re responsible for analyzing the results. How would you set up and analyze this A/B test? Additionally, how would you use bootstrap sampling to calculate the confidence intervals for the test results, ensuring your conclusions are statistically valid?
Explain the experimental setup, metrics, and statistical tests. Discuss bootstrap sampling for confidence intervals and communicating uncertainty.
3.2.2 The role of A/B testing in measuring the success rate of an analytics experiment
Describe how A/B testing isolates the causal impact of changes. Emphasize tracking lift, statistical significance, and business alignment.
3.2.3 How would you design user segments for a SaaS trial nurture campaign and decide how many to create?
Discuss data-driven segmentation techniques, criteria for group creation, and how to validate segment performance.
3.2.4 How would you approach sizing the market, segmenting users, identifying competitors, and building a marketing plan for a new smart fitness tracker?
Lay out a structured approach for market research, segmentation, and competitor analysis. Link insights to actionable marketing strategies.
3.2.5 How would you model merchant acquisition in a new market?
Describe modeling techniques, metrics to track, and how you would use data to forecast acquisition trends.
You’ll be expected to demonstrate proficiency in SQL for extracting, cleaning, and transforming data. Focus on writing efficient queries, handling large datasets, and drawing meaningful conclusions from transactional data.
3.3.1 Compute the cumulative sales for each product.
Explain how to use window functions to calculate running totals and partition results by product.
3.3.2 Calculate daily sales of each product since last restocking.
Describe how to join inventory and sales tables, track restocking events, and compute daily aggregates.
3.3.3 Write a query to calculate the 3-day weighted moving average of product sales.
Show how to use window functions and custom weights in SQL to smooth sales data over time.
3.3.4 Find the average yearly purchases for each product
Discuss grouping and aggregating sales data by product and year, ensuring correct handling of missing periods.
3.3.5 Write a query to get the number of customers that were upsold
Explain how to identify upsell transactions and count unique customers using joins or subqueries.
Expect questions on how you would design dashboards and reporting tools for various stakeholders. Emphasize clarity, personalization, and actionable insights.
3.4.1 Design a dashboard that provides personalized insights, sales forecasts, and inventory recommendations for shop owners based on their transaction history, seasonal trends, and customer behavior.
Describe the dashboard layout, key metrics, and how you would tailor insights to different user segments.
3.4.2 Design a data warehouse for a new online retailer
Outline essential components, data sources, and schema design considerations for scalability and analytics.
3.4.3 How would you design a data warehouse for a e-commerce company looking to expand internationally?
Discuss handling multi-region data, localization, and supporting global analytics requirements.
3.4.4 Designing a dynamic sales dashboard to track McDonald's branch performance in real-time
Explain key metrics, real-time data integration, and visualization choices for operational decision-making.
3.4.5 How to present complex data insights with clarity and adaptability tailored to a specific audience
Share techniques for adapting presentation style, simplifying technical language, and highlighting actionable recommendations.
3.5.1 Tell me about a time you used data to make a decision.
Describe the business context, the data you analyzed, and the impact of your recommendation.
3.5.2 Describe a challenging data project and how you handled it.
Explain the obstacles, your approach to problem-solving, and the outcome.
3.5.3 How do you handle unclear requirements or ambiguity?
Share your process for clarifying goals, engaging stakeholders, and iterating on deliverables.
3.5.4 Talk about a time when you had trouble communicating with stakeholders. How were you able to overcome it?
Discuss strategies for bridging technical and non-technical gaps, and how you ensured alignment.
3.5.5 Describe a time you had to negotiate scope creep when two departments kept adding “just one more” request. How did you keep the project on track?
Outline your prioritization method, communication tactics, and how you maintained data quality.
3.5.6 When leadership demanded a quicker deadline than you felt was realistic, what steps did you take to reset expectations while still showing progress?
Explain how you managed timelines, communicated trade-offs, and delivered incremental value.
3.5.7 Tell me about a situation where you had to influence stakeholders without formal authority to adopt a data-driven recommendation.
Describe your approach to building consensus, presenting evidence, and driving change.
3.5.8 Tell us about a time you caught an error in your analysis after sharing results. What did you do next?
Share how you identified the issue, corrected it, and communicated transparently with stakeholders.
3.5.9 Give an example of learning a new tool or methodology on the fly to meet a project deadline.
Explain your learning process, how you applied the new skill, and the impact on project delivery.
3.5.10 How do you prioritize multiple deadlines? Additionally, how do you stay organized when you have multiple deadlines?
Discuss your time-management strategies, tools you use, and how you balance competing priorities.
Immerse yourself in IHS’s core business areas, including information services, analytics, and solutions for major industries such as finance, energy, and transportation. Demonstrate familiarity with how data-driven insights support strategic decision-making for global clients, especially those in the Fortune Global 500.
Research recent IHS Markit initiatives, product launches, and market expansions. Be ready to discuss how product analytics can drive value for both the company and its clients, referencing real-world examples where possible.
Understand IHS’s collaborative culture. Prepare to showcase your experience working cross-functionally, especially with product managers, engineers, and marketing teams, to deliver business impact.
4.2.1 Master the art of translating business needs into analytical frameworks.
Practice breaking down ambiguous product problems into structured, data-driven analyses. When presented with open-ended scenarios, clarify objectives, identify key metrics, and propose hypotheses that align with business goals. This approach will help you stand out during case study and analytics rounds.
4.2.2 Prepare to analyze and communicate product performance using KPIs.
Be ready to define, track, and interpret core metrics such as user retention, churn, conversion rates, and lifetime value. Develop examples from your experience where you used these metrics to inform product strategy or drive improvements. Articulate how you tailor reporting for different stakeholder audiences.
4.2.3 Demonstrate proficiency with SQL and data manipulation.
Review writing complex queries involving window functions, joins, and aggregations. Practice extracting insights from transactional data, such as calculating moving averages, segmenting users, and tracking sales performance over time. Be prepared to walk through your thought process for cleaning and transforming raw datasets.
4.2.4 Show expertise in experimentation and statistical analysis.
Brush up on A/B testing design, hypothesis formulation, and interpreting statistical significance. Be prepared to discuss how you would set up experiments to measure the impact of product changes, including using bootstrap sampling for confidence intervals. Link your analysis to actionable recommendations.
4.2.5 Illustrate your ability to design dashboards and present insights clearly.
Prepare examples of dashboards or reports you’ve built for product or business stakeholders. Focus on how you select and visualize metrics, personalize insights for different user segments, and ensure your recommendations are actionable. Practice presenting complex findings in a clear, concise manner.
4.2.6 Highlight your approach to stakeholder management and communication.
Reflect on experiences where you bridged gaps between technical and non-technical teams, clarified ambiguous requirements, or influenced decisions without formal authority. Use real examples to show your ability to listen, adapt your communication style, and drive consensus.
4.2.7 Emphasize adaptability and problem-solving in ambiguous situations.
Prepare stories that showcase your resilience and creativity when facing unclear requirements, shifting priorities, or challenging timelines. Articulate your process for prioritizing tasks, managing multiple deadlines, and learning new tools or methodologies quickly to deliver results.
4.2.8 Own your mistakes and demonstrate a growth mindset.
Be ready to discuss a time when you caught an error in your analysis after sharing results. Explain how you addressed the issue, communicated transparently, and implemented improvements to prevent recurrence. This will highlight your integrity and commitment to continuous learning.
4.2.9 Practice structuring and presenting case study analyses.
Expect to be given take-home or live case studies. Practice outlining your approach, stating assumptions, and walking through your analysis step-by-step. Focus on delivering clear, actionable recommendations and anticipating follow-up questions from interviewers.
4.2.10 Prepare questions for your interviewers.
Show your curiosity about IHS’s products, analytics processes, and team culture. Ask about how product analysts drive impact, collaborate with teams, and influence business strategy. This will demonstrate your genuine interest and proactive mindset.
5.1 “How hard is the Ihs Product Analyst interview?”
The Ihs Product Analyst interview is considered moderately challenging, especially for candidates without prior experience in analytics or product-focused roles. You’ll be assessed on your ability to analyze data, design experiments, and communicate insights clearly to both technical and non-technical stakeholders. Expect a mix of technical, case-based, and behavioral questions that require structured thinking and business acumen. Candidates who thrive in ambiguous situations and can translate data into actionable recommendations tend to perform best.
5.2 “How many interview rounds does Ihs have for Product Analyst?”
Typically, the Ihs Product Analyst interview process includes five to six stages: an initial resume screen, a recruiter phone interview, one or more technical/case rounds (which may include a take-home assignment), a behavioral interview, and a final onsite or virtual round with senior leadership. The exact number of rounds can vary depending on the team and role level, but you should be prepared for at least four distinct interview stages.
5.3 “Does Ihs ask for take-home assignments for Product Analyst?”
Yes, many candidates for the Ihs Product Analyst role are given a take-home case study or business analytics assignment. This exercise usually involves analyzing a dataset, drawing insights, and preparing a presentation or report with actionable recommendations. The goal is to evaluate your analytical rigor, communication skills, and ability to structure a business problem effectively.
5.4 “What skills are required for the Ihs Product Analyst?”
Core skills for the Ihs Product Analyst role include strong analytical thinking, proficiency in SQL and data manipulation, experience with statistical analysis and experimentation (such as A/B testing), and the ability to present complex insights clearly. You should also demonstrate business acumen, familiarity with key product and business metrics, and effective stakeholder management. Experience with dashboard design and data visualization is a plus.
5.5 “How long does the Ihs Product Analyst hiring process take?”
The Ihs Product Analyst hiring process typically takes between 2 to 6 weeks from application to offer, though timelines can vary based on scheduling, the number of interview rounds, and candidate availability. In some cases, the process may be expedited and completed within a week, especially if interviews are scheduled back-to-back. However, it’s not uncommon for the process to extend over several weeks, particularly if take-home assignments or multiple panel interviews are involved.
5.6 “What types of questions are asked in the Ihs Product Analyst interview?”
You can expect a mix of analytics and metrics questions, SQL/data manipulation challenges, case studies on product strategy, experimentation and statistical analysis scenarios, and behavioral questions. Interviewers may ask you to define key business metrics, analyze product performance, design experiments, and present findings to stakeholders. You’ll also be evaluated on your ability to handle ambiguous requirements, prioritize tasks, and communicate effectively with cross-functional teams.
5.7 “Does Ihs give feedback after the Product Analyst interview?”
Ihs typically provides high-level feedback through recruiters, especially if you reach the later stages of the interview process. While detailed technical feedback may be limited for unsuccessful candidates, you can expect some guidance on your overall performance and areas for improvement if you request it.
5.8 “What is the acceptance rate for Ihs Product Analyst applicants?”
The Ihs Product Analyst role is competitive, with an estimated acceptance rate of 3–5% for qualified applicants. The company receives a high volume of applications, especially from candidates with strong analytics and product backgrounds, so thorough preparation and clear demonstration of your skills are essential to stand out.
5.9 “Does Ihs hire remote Product Analyst positions?”
Yes, Ihs does offer remote or hybrid positions for Product Analysts, depending on team needs and location. Some roles may require occasional in-person meetings or office visits for collaboration, but remote work flexibility is increasingly common, especially for analytics and product-focused positions. Be sure to clarify remote work policies with your recruiter during the process.
Ready to ace your Ihs Product Analyst interview? It’s not just about knowing the technical skills—you need to think like an Ihs Product Analyst, solve problems under pressure, and connect your expertise to real business impact. That’s where Interview Query comes in with company-specific learning paths, mock interviews, and curated question banks tailored toward roles at Ihs and similar companies.
With resources like the Ihs Product Analyst Interview Guide and our latest case study practice sets, you’ll get access to real interview questions, detailed walkthroughs, and coaching support designed to boost both your technical skills and domain intuition.
Take the next step—explore more case study questions, try mock interviews, and browse targeted prep materials on Interview Query. Bookmark this guide or share it with peers prepping for similar roles. It could be the difference between applying and offering. You’ve got this!