Banking Sector




Banking sector in India offers promising and high paying jobs in the streams named as specialist officers, probationary officers and clerks. Institute of Banking Personnel Selection (IBPS) is an autonomous agency in India. IBPS is envisioned as self-governed academic and research oriented Institute, with a mission of enhancing human-resource development through personnel assessment.
IBPS launched the common written exam (CWE) in 2011 for selection of clerks and officers in 27 nationalized banks and regional rural banks across India. It also offers human resource services to LIC, insurance companies, NABARD, IDBI, public sector undertakings and government departments. Today it enjoys a premier position as one of the finest personnel selection test conducting agency in India. Successful candidates are offered placements in banks. Interviews were part of the selection process but as on 2016 this part has been dispensed with for selection of clerks.
IBPS strength is its research based capability to design multiple choice objective tests and tools for testing of candidates appearing for the post of clerks, probationary officers and SO (Specialist Officers) in banks across India.
The IBPS clerk exam is universally adapted by nationalized banks across India to induct fresh graduates into various clerical posts. This exam comprises five sections covering Reasoning, English, Numerical Ability, General Awareness and Computer knowledge. Applicants first appear for a preliminary exam covering English, Numerical Ability and Reasoning. Only those candidates satisfying the cut off point for each section are eligible to appear for the final CWE.
IBPS also conducts exams for recruitment to the post of probationary officer (PO) and specialist officer (SO). The exam pattern is similar to that conducted for recruiting clerks but with higher difficulty level for PO posts. The post of Specialist Officers covers agriculture field officer, rajbhasha adhikari, IT officer, law officer, technical officer, HR/Personnel officer and marketing officer as well as finance executives and chartered accountants. For probationary officers the minimum eligibility is the applicant must be a graduate in any stream.
For the post of specialist officer the eligibility criteria vary. For IT officers the candidate must have 4 year BE/B tech or similar; for agriculture field officer the qualification is 4 years degree in agriculture or similar lines; for HR officers any undergraduate and PG in personnel management is sufficient; for marketing officers a 2-year MBA/MMS with marketing specialization is the minimum and for law officers a degree in Law and enrolled advocate of the Bar Council is a prerequisite.
Private Sector Banks in India: 




IFBI offers various courses for candidates in collaboration with NIIT which eventually lead to selection in private sector banks.IFBI has been a pioneer in the BFSI education and training space in India since 2006 and has blazed a trail of success with students and corporates.
Established by Global Talent Development Company NIIT in association with ICICI BANK, IFBI reflects the strengths of both these parents.FBI works with multiple partners – for placement and for corporate solutions and also offers programs for a variety of student segments – whether it is graduates seeking banking careers or banking professionals looking to upgrade their knowledge.
IFBI offers an unbeatable combination for the student and the industry.IFBI also offers individual education to career-seeking students through its 50+ education centres all over India, has delivered over 32,500 industry-ready professionals as placements to the BFSI sector since 2006.  IFBI has placed students in almost all leading banks of India including ICICI Bank, Axis Bank, HDFC Bank, IndusInd Bank, ING Vysya Bank, Karur Vysya Bank, City Union Bank, Kotak Mahindra Bank and many more.
IFBI students get inducted in various functional roles like branch banking, customer acquisitions (sales), front-office operations, back-office operations, wealth management, customer service, relationship management, phone-banking etc.

Opportunities:

1. Admissions in Post Graduate Diploma in Banking Operations of IFBI
2. IBPS Vacancies for PO & Management Trainees


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