How to Prepare for Bank Jobs?
With increasing competition in the banking sector for jobs, bank jobs aspirants look for smart strategies to prepare for bank jobs. Bank exam preparation, exam dates, and the best books for bank exams are what they search for the most. Graduates in India are drawn toward jobs in the public sector, and the most popular choice is the banking sector. The major reason behind this selection is the job security that accompanies a handsome salary.
Bank PO jobs are the most sought after in India but there are other bank jobs like bank clerk and specialist officer that also see increasing competition. While the bank’s jobs are in high demand, there is a great need of career counseling. The rat race for banking jobs in India is the main reason behind the increasing competition.
How to Decide the Right Banking Job For You?
Before you end up deciding on the right banking job for you, make sure to ask yourself, why only a bank job? Is banking the right career? When you have answers to these questions, then only move the cursor down.
- Select the banking posts you want to apply for, is it PO, Clerk, SO, or any Other position?
- Do you meet the eligibility criteria required for that particular post?
- When does the bank conduct exam for the post you have selected?
- What is the syllabus for such exams?
The banks release notifications for recruiting candidates for various positions every year. You have to keep an eye on new updates and vacancies announced by the bank.
The answers to the above questions will help you know the right career, Here in this article, we will tell tips to help you get a bank job.
What Are the Positions in a Bank?
Different positions in a bank come with different salaries. Job positions in a bank for which exams are conducted are Bank PO, clerk, and SO. There are bank jobs for freshers as well as bank jobs for experienced. The eligibility criteria and compensation for these bank jobs differ.
The three main bank jobs for students are:
- Clerical Grade
- Probationary Officer (PO)
- Specialist Officer (SO)
These are the bank jobs that invite applications from graduates.
Even a 12th pass can secure a job in the banking sector. Notifications are released by banks to fill various vacancies.
Preparation for IBPS Common Written Exam (CWE)
Institute of Banking Personnel Selection (IBPS) conducts a Common Written Exam (CWE) for the recruitment of clerks and PO. Several public sector banks recruit candidates through the IBPS exam. For SBI and RBI positions separate exams are conducted by these banks.
The IBPS exam includes 2 phases of the written exam, namely Preliminary and Main. Candidates selected in these are called for GD or PI, depending on the selection process for the year.
Bank Exam Preparation should be as per the latest syllabus always. Even the Bank Exam Books you use should be the latest versions if the syllabus for the exam is changed. Banking job aspirants can even make use of IBPS Model Papers to crack the exam.
Current Affairs, General Knowledge questions, and Aptitude Questions & Answers are a part of bank exams. We advise candidates to follow Opennaukri’s Weekly current affairs section to improve GK and current affairs knowledge.
IBPS CWE Syllabus
The IBPS CWE tests candidates’ skills in:
- Quantitative aptitude
- General Awareness
- English Language
- Computer Awareness
IBPS conducts CWE for Clerical Grade and PO twice a year, whereas the exam for Specialist Officer is held once a year.
Success Mantras for Bank Exams
The fierce competition for banking jobs calls for better practice and smart strategy. The pattern for banking exams changes almost every year, so you have to keep yourself updated on the latest changes in the bank exam pattern and syllabus.
Now you have to decide on the preparation plan, for bank exam preparation you have three sources :
- Self Study
- Coaching Classes
Coaching institutes are completely a money business now, there are just a few that are still maintaining the quality of education. We would suggest you to always prefer self-study over coaching classes. If you are ready to work hard and devote time to study, you are right there in the merit list.
These will ensure your success in banking exams:
1. Bank exam preparation books from reputed authors.
2. Right Strategy
4. Mock Tests
The mool mantra is to study, revise, practice and repeat.
Bank Interview Tips
The final selection of a candidate depends on his/her performance in the Group discussion/Interview. This round is to check whether or not the candidate will be capable to work with a bank. It is more of a discussion session to check the communication skills and confidence of the candidate.
What Type of Questions are Asked in Bank Interview?
The questions asked in bank interviews are generally related to the latest changes in the banking industry, knowledge of banking terms, economy, and policy. Questions from current national and international events could also be asked. Reading the newspaper daily will help in the interview.
The Bottom Line
Our tips to help you get a bank job include deciding on a banking career, different positions available in the bank, Preparation tips for IBPS CWE, success mantras for bank exams, and tips for bank interviews.
You can ask your queries by writing them in the comment box.