The top 2 ‘most wanted’ careers in India have been in Banking and the IT sector in recent times. Now, with new winds blowing in from foreign shores, is the IT industry in a state of flux? Only time will tell.
The Banking and Finance sector is all set to enter a new year with targets for growth and recruitment set afresh. Here are some recruitment exams for graduates to shift into top gear for:
#1. State Bank of India, Probationary OfficerSBI PO is one of the most awaited exams as it recruits for one of the most prestigious jobs in Indian Banking.
- The notification is out and the last date for applications is 06.03.2017.
- The preliminary examination will be held on the 29th & 30th of April and the 6th & 7th of May.
- The main examination is slated for the 4th of June.
There’s time to apply and time to prepare too. Accelerate now!
#2. State Bank of India, Clerk
Why is this job so much in demand?
- SBI is the most prestigious banking institution after the Reserve Bank of India.
- The job is secure and commands respect.
- The clerical cadre of the SBI is entitled to many perks like petrol, newspaper allowance etc.
- The promotion policy of the SBI is one of the best and so offers prospects for career growth.
The notification and the release of the online application will probably be in the first week of April 2017. The prelims and mains will follow in mid to end of May and June respectively.
The Institute of Banking Personnel Selection (IBPS) conducts exams for recruitment into all public sector banks(PSBs) and many other banking and financial institutions.
#3. IBPS PO exam
The tentative dates for the Common Written Examination (CWE) for PO recruitment into PSBs is as follows:
Preliminary examination: 7.10.2017, 8.10.2017, 14.10.2017 and 15.10.2017
Main Examination: 26.11.2017
So, the online registration will probably start around July-August.
#4. IBPS Clerk CWE
The online registration will start around the end of August.
The preliminary exam is slated for 2.12 & 3.12, 9.12 and 10.12 of this year.
The main exam will be conducted on 21.01.2018.
Recruited candidates will receive six months of training and will then be posted to a branch. Clerks can climb the ladder to become officers by clearing internal exams.
The Regional Rural Banks(RRBs) in India aim to improve the rural economy by channelising cooperative credit to the rural and agricultural sector. The IBPS conducts exams for recruitment into RRBs too. In 2016, CWEs were held for 16500 jobs in 56 RRBs.
#5. RRB Officers & RRB Office Assistants
Graduates are eligible to apply. Applicants must be proficient in the local language of the resident state and must have passed at least Class 8 in that language.
Applicants for Office Assistants and Officer, Scale I will have to appear for a preliminary which will test reasoning and numerical ability with 40 questions in each section carrying 40 marks to be answered in a composite time of 45 minutes. This means ½ a minute to answer a question!
There is no preliminary exam for recruitment of Officer Scale II and Scale III; only a main exam.
The mains mean answering 200 questions in 2 hours. The subjects covered are reasoning, general awareness, quantitative aptitude, English, Hindi and computer knowledge.
The exam schedule is as follows:
- Preliminary examination for Office Assistants and Officer Scale I : 9 & 10, 16 & 17, 23 & 24 September 2017
- Main Exam for Officer Scale I and Single Exam for Officer Scale II & III: 5 November 2017
- Main Exam for Office Assistant: 12 November 2017
#6. Specialist Officers CWE
Banks also need specialist officers with professional degrees like engineering, agriculture, law, Hindi language etc.
There is a qualifying preliminary exam. The main examination tests only professional knowledge. Candidates will be shortlisted only on the main examination marks.
The date for the Preliminary examination: 30 & 31 December 2017
Main Examination: 28 January 2018
#7. The National Bank for Agriculture and Rural Development (NABARD) Grade A & B officers
Officers in NABARD are required to work towards and manage rural development banking. Are you a
- Graduate with at least 50% marks?
- Have a working knowledge of computers?
- Proficient in Hindi, English and a regional language?
Then get ready! The preliminary exam will be held around April-May. It consists of Part 1 testing general knowledge, math, English, computer knowledge, and reasoning.
Part 2 tests 1) Economic and social issues 2) Agricultural and rural development
This will be followed by the main exam testing English, knowledge of agriculture and the economy.
Recruitment for 2017 is predicted to be bigger than ever. So be prepared!
The Reserve Bank of India is the central bank of our country. Working at the RBI means that you are part of the decision-making process that controls the whole of banking in India!
#8. RBI Grade B Officer
This is an entry level managerial position. 2-4 years on the job will open the doors of greater opportunity.
The Phase-1 exam question paper will have test General Awareness, English Language, Quantitative Aptitude, and Reasoning; 200 questions to be answered in 2 hours. Beware of negative marking!
The Phase-2 exam will have 1) descriptive English paper 2 &3) objective type in Economic & social issues and Finance & management. 90 minutes are given for each paper.
An interview follows.
The expected date for application is mid-July with Phase 1 exam to be held around September and Phase 2 in October.
#9. RBI Assistant
The recruitment to these posts also follows the preliminary and main examination pattern.
The prelim exam will test English, numerical ability and reasoning with 100 questions to be answered in 1 hour.
The mains consist of General awareness and Computer knowledge papers in addition to the papers of the prelims. So, 5 papers in all with 200 questions to be answered in 2 hours.
Get ready for the whole process to kick off around the first week of July.
#10. State Public Service Commissions
Banking jobs are in great demand, but so are these!
PSCs are formed by the Government of India for recruitment into posts under state governments as and when required. Common exams are conducted to fill vacancies in civil services, police etc.
The process of selection is a preliminary test followed by the main examination and a personal interview.
Since each state recruits as per its own necessity, there is no general date of notification. It is best to look up the state’s website regularly to be alerted to any recruitment drive.
The long jump from the life of a graduate student to the solid ground of a fulfilling career is one that should be attempted after rigorous preparation.
Banking jobs are poised to be the most in-demand in every aspect.
There is time now at the beginning of 2017: almost 6-9 months for you to get career ready with the right guidance and coaching. Give yourself the advantage of being well prepared.
Get ready for the power leap now!