A bank’s Assistant Manager of Scale I is known as a Probationary Officer, or PO. He/she is a Grade I Officer. A Probationary Officer must complete an intensive training programme at the Institute of Banking Management after completing the selection criteria. A probationary period for a PO could last up to two years.
Every year, all commercial and government banks conduct Bank PO exams in order to hire young officers. You’ve come to the right site if you want to learn how to become a Bank PO. In this post, you will be taken on a tour of the banks’ roster, as well as how to prepare and become a Probationary Officer.
Bank PO Exam: List of Banks
Given below is the list of banks that conduct the examination every year.
#State Bank of India
#Bank of Baroda
#Bank of Maharashtra
#Punjab National bank
#Oriental Bank of Commerce
How to Become a Bank PO?
To be eligible for the exam, any applicant must complete the steps outlined below.
Preliminary Exam (Step 1)
The Reasoning Ability, English Language, and Numerical Ability components make up the Preliminary level. There are 30 questions (1 mark each) in the English Language section, and 35 questions in the other two areas (1 mark each). The exam will take one hour to complete.
Mains Exam (Step 2)
Data Interpretation and Analysis, Banking and General Awareness, Computer Aptitude and Reasoning, and English Language are the four areas of the main test. Over the course of three hours, candidates must answer 155 questions. The objective part is worth a total of 200 points.
The candidate’s writing abilities will be tested in the Main exam’s descriptive paper. You will be assigned to write an essay or a letter, and the grade for this work will be 50 points.
Interview (Step 3)
Make sure you pass the second level, which is the Mains if you want to be an SBI PO. Only those who passed the Main Stage will be considered for the final Interview round. Applicants must score at least 40% of the total 100 points (35 percent for ST/SC/PWD candidates) to be considered for final selection.
The names of the shortlisted candidates will be published on the State Bank of India’s official website in the final merit list.
Bank Provisional Officer
Because Banking Officer is such asenior position within the banking system, candidates must first pass a written test called the Bank Probationary Officers Exam (Bank PO exam), which is followed by a personal interview conducted by the Banking Service Recruitment Board.
The hiring process for officers is lengthy and thorough to guarantee that only the best applicants are chosen for such a critical role. Officers must spend a two-year probation period after passing the written exam, during which time they will be trained on their job responsibilities within the banking framework.
How to Become Bank PO in Axis Bank?
Graduates and postgraduates from any stream who have received a 50% or higher in their final year of graduation or an aggregate of 50% or higher in all years of graduation.
Candidates in their last year of post-graduation or graduating who have taken their exams and are waiting for their results are also eligible for the programme. However, by June 2021, the final year’s mark sheet and degree certificate must be submitted.
ABYB Program Selection Process
The candidates will be chosen through a two-stage process geared at identifying those who are most likely to succeed in the Bank’s various branch banking responsibilities.
After being selected, the candidate must complete a “self-declaration” medical fitness form. Candidates will be considered for employment at the bank if they are deemed to be medically fit.
#Good Communication skills
#Ability to work under pressure
#Age Limit: 21 years -30 years
After completing the course, the candidate would be hired as a ‘Customer Service Officer’ at the Bank’s Assistant Manager level, with a gross CTC (cost to company) of Rs. 4.48 lakhs per year (This is inclusive of Indicative Performance linked Bonus and Loan benefits plus Retrials).
Young Bankers Program
Young bankers will be paid a monthly stipend of Rs.5,000/- for the first nine months to cover out-of-pocket expenses and Rs. 12,000/- for the internship to cover living expenses.
The Axis Bank Young Bankers Program will be offered at Amity Global Business School in Noida and Manipal Global Education in Bangalore for a one-year full-time residential programme.
To enrol in this programme, interested applicants must pay Rs 3,97,600 (including service tax and a refundable hostel security deposit of Rs 10,000/-). This payment will cover the full course at Amity University in Noida and Manipal University Campus in Bangalore, including boarding, tuition, accommodation, and refundable hostel security.
How to Become Bank PO in SBI Bank?
Candidates must meet the following eligibilityconditions in terms of educational qualification, age, and other factors in order to apply for the SBI PO 2021 exam:
Candidates must be a graduate in any discipline from a recognised university or have an equivalent qualification recognised by the Central Government, according to SBI PO eligibility criteria.
Candidates in their final year/semester test are also permitted to apply provisionally, with the caveat that if they are shortlisted for the interview process, they must present proof of graduation. Candidates with a certificate as a Chartered Accountant (CA) are also eligible to apply.
The prelims test must be taken initially by all registered applicants. Candidates must answer questions relating to disciplines such as Quantitative Aptitude, English Language, and Reasoning Ability throughout the one-hour preliminary test.
Candidates who pass the preliminary exam are required to take the mains exam. Shortlisted candidates for the mains exam are 10 times the number of slots. Candidates must complete both objective and descriptive questions in a total time of 3 hours and 30 minutes for the mains exam.
On the basis of the mains exam results, candidates up to three times the number of openings are shortlisted for group exercises and interviews.
How to Become Bank PO after 12th?
People with business experience are more likely to pursue banking courses. But did you know that a career in banking is available to you regardless of your interests, educational background, or talents?
Banking is a broad term that refers to the handling of money. So, when it comes to how to pursue a career in banking, there are a variety of options, including:
#After graduating from high school, you will not be able to pursue a career in banking. To meet the qualifying requirements, you must have completed an undergraduate degree.
#It is critical to select the appropriate degree. You should have a bachelor’s degree in humanities, commerce (ideally), or science.
Courses After 12th
There are a variety of banking and degree courses accessible after 12th grade at the Bachelor’s and Master’s levels. Following your 12th grade year, you can pursue the following degrees and banking courses:
Bachelor’s Level Degrees for Banking
#BBA in Banking/Accounting
#Bachelor’s in Banking and Finance
#Bachelor’s in Finance and Accounting
#BFM (Bachelor’s in Financial Mathematics)
#Bachelor’s in Statistics and Business
#Bachelor’s in Analytical Finance
Master’s Level Degrees for Banking
#MFM (Master’s in Financial Mathematics)
#Master’s in Banking and Finance
#MEMF (Master’s in Monetary and Financial Economics)
#MFA (Master’s in Finance/ Accounting)
Diploma and Certification Banking Courses
#Banking and Financial Services
#PGDM in Banking Operations
#PGDM in Banking
Other Banking Courses after 12th
Candidates can pursue several banking courses after 12th connected to Accounting and Management like Certified Management Accountant, Chartered Financial Analyst, Company Secretary, Chartered Accountancy, Chartered Institute of Management Accounting, Certified Public Accountant, and Financial Risk Management.
Candidates can take up several Banking Entrance Exams such as Specialist Officer/Specialist Officers (SO)/Clerk SBI- PO/IBPS Probationary Officer (PO)/ Clerk and other bank exams.
Skill Needed to Work in Banking Sector
In addition to successfullycompleting banking courses after 12th grade, candidates will be dealing with a large amount of information linked to financial services on a regular basis.
As a result, channelling the flow into an in-depth and valuable understanding necessitates a specific set of talents. Some of the abilities one will need to work in the banking industry are listed below.
#People Management skills
#Effective Communication Skills
#Critical Thinking Skills
Bank PO Preparation
In India, two well-known recruitment boards, the State Bank of India and the Institute of Banking Personnel Selection (IBPS), conduct the most well-known exams.
Because IBPS conducts tests for 21 public sector banks (Union, Bank of Baroda, Punjab National Bank, and others) as well as a few public sector insurance companies, manpower is required.
In a nutshell, there are a lot of job openings. According to past years’ schedules, the application process begins in the first month of August each year. Let’s have a look at the preparation for the exams.
Bank Exam Preparation for IBPS PO
For any of its exams, the IBPS does not provide a fixed bank exam syllabus. However, by reviewing previous years’ bank exam question papers, one can infer the primary topics that appear each year. These topics, as well as IBPS PO study materials, are available both online and offline.
Understanding the IBPS PO syllabus is half the battle won because it saves time and effort. Many students make the mistake of studying everything under the sun for each subject, resulting in their efforts becoming diluted. At all costs, this should be prevented.
Make a Study Plan
A well-planned study programme should be part of the preparation strategy. Aspirants should try to cover sections of the bank test syllabus in order and revise topics on a regular basis.
Analysis of past years’ bank exam question papers and identification of essential exam subjects should also be included in the study plan.
Appear for Mock Tests
Mock exams should be one of the exam’s main focus areas. This is due to the fact that one must respond to a high number of questions in a short period of time. Solve IBPS PO practise examinations to remain current on the kind of questions answered in bank exams.
Taking mock tests has two benefits. For starters, it gives the applicant a good understanding of their current level of preparation, allowing them to focus more intensely on weak areas of the IBPS syllabus. Second, it gives you plenty of practise answering questions in the allotted period.
This is crucial because the IBPS PO exam is conducted entirely online, with no opportunity to retake questions once a section has been completed.
Reading newspapers is a crucial element of IBPS PO preparation that is often disregarded.
Candidates should read the newspaper on a regular basis, focusing on the business pages to keep up with current events for the exam. When attempting the General Awareness component of the exam, this becomes a significant distinction.
Focus on One Aspect
The PO test is split into two parts, with a lot of overlap in the IBPS syllabus. Because the format is identical, candidates should concentrate on one step of the exam at a time.
Preparation for the Prelims also covers a significant portion of the IBPS Mains course. The IBPS PO Mains test could thereafter be focused on the additional subjects that make up the IBPS PO syllabus.
Analyse Previous Years’ Papers
Analyzing previous year’s question papers can assist candidates in apprehending the degree of the test as well as the actual exam structure.
This is especially suggested for applicants who are taking the IBPS PO test for the first time. Candidates will be able to study which topics are often asked questions about and which are less relevant in terms of the exam.
Focus on Every Topic
Both the prelims and mains phases of the examination have a sectional and overall cut off. As a result, it is critical that a candidate devotes appropriate time to the preparation of each subject featured in the IBPS PO syllabus, rather than focusing solely on one subject.
A candidate is required to prepare for five major subjects. This includes the following:
#General/ Banking/ Financial Awareness
Look at Previous Years’ Cutoff
It is critical for an aspirant to be informed of the minimum qualifying marks from past years, as well as to analyse the pattern of the cut off marks increasing or decreasing. The candidate will be able to estimate the cut-off marks as a result of this.
Aspirants for the IBPS PO test do not need to devote the majority of their time to studying. The following schedule might be used to plan your preparation:
#Monday: Quantitative Aptitude+Prelims online mock test
#Tuesday: GK and reasoning+Online practise test
#On Wednesday, there will be an online mock test as well as English and computer classes.
#Thursday: Evaluation of performance + Online test + identification of weaker areas for improvement
#Friday: Work on portions where you got a lower grade
#Saturday: Work on sections where you got a lower grade
#Sunday: At least three mock tests and revision
Bank Exam Preparation for SBI PO
To make their study strategy more efficient and productive, candidates can read the vital SBI PO Preparation Tips listed below. These guidelines will assist applicants in achieving their objectives in less time and with more thorough preparation.
Have a solid understanding of the syllabus and exam format: Knowing the syllabus and exam format will assist you in creating a study schedule. You might begin your preparation by sorting the relevant themes.
Examine prior year’s papers and select appropriate books: Examine past year’s papers to help you narrow down the syllabus and prioritise the most crucial elements. To prevent wasting time, consult the appropriate literature.
Make a preparation schedule and assign tasks: Calculate how much time you have to prepare and then prioritise the things you need to learn. Make a schedule to fulfil your daily objectives and devote more time to the weakest areas of the curriculum.
Make a list of the following: Reading only the core is ineffective. Always keep track of what you’ve read. Writing enhances memory retention of items you read, according to research.
Practice: Practice all of the major concepts with examples and questions that have been solved. Make it a habit to solve multiple sample papers and previous years’ question papers, in addition, to practise tests to familiarise yourself with the paper pattern and difficulty level.
To improve, take practise tests. Doing so will help you stay on track and learn from your mistakes. After you’ve practised, taking a mock test will allow you to get a feel for the real exam.
Revision and persistent practice are the keys to passing the SBI PO test on the first try. On a daily basis, review all of the major topics and go through the shortcuts for solving difficulties.
Read: Make it a habit to read English newspapers, periodicals, and journals, as the English language is one of the most significant subjects for SBI PO. It will help you improve your vocabulary, grammar, and reading comprehension.
Keep up with the latest news and events: Stay up to date on current events and breaking news. Concentrate on financial and banking issues.
Maintain a healthy lifestyle and work consistently to develop your knowledge, abilities, and confidence. You must also be physically and psychologically healthy in order to put in these efforts. As a result, make sure you don’t disregard your health.
One of the easier sections to pass is the English Language portion. By adopting a reading habit, you may brush up on your basic grammar abilities. Additionally, this will aid in the development of your vocabulary.
You can also look at prior years’ papers to get a sense of the types of questions that will be asked. Para Jumbles, Comprehension, Antonyms, Spotting Errors, and Synonyms are commonly asked questions in this section.
According to previous years’ SBI PO examinations, the Quantitative Aptitude aspect is the most difficult. Topics like Data Interpretation, Average, Time and Work, Ratio and Proportion, Number Series, Quadratic Equations, Speed and Distance, and Simplification must be well-understood.
This section assesses your problem-solving abilities as well as your numerical abilities. It is necessary to practise on a regular basis.
In the SBI PO exam, the reasoning section has the highest score. To be able to pass this section, you must practise on a regular basis. The questions will be structured in a sensible manner.
Topics such as coding-decoding, syllogisms, seating arrangements, puzzles, ranking and order, and so on must be prepared for. Each drill should be followed up with a quick review.
Everyone has the opportunity to work in the financial industry. If you have a desire to learn and a desire to work, you can easily build a profession in banking after completing your 12th grade.
However, you must pass certain exams in order to meet the eligibility requirements. Banks, on the other hand, will always be interested in you if you are a person who is willing to take on new tasks. Choosing a banking job as a career path will allow you to advance. You will also be able to attain your aim of landing your dream job.
Hopefully, these Bank PO test preparation suggestions will be useful to you. You can strengthen your conceptual and problem-solving skills by takingUPSC Pathshala courses and visiting theguidance section.
You’ll be able to compare your current degree of preparedness to the required standards as well. Following the test, you will receive an Advanced Feedback Analysis that will clearly identify your mistakes and shortcomings, as well as point you in the proper route.