Education News: Latest admission, exam and result news

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Xavier Aptitude Test (XAT) is a national level entrance exam to get admission into India’s top MBA institutes accepting XAT scores. It is conducted once in a year in the month of January by Xavier School of Management formerly known as Xavier Labour Relations Institute (XLRI).The XAT 2020 entrance exam is going to be held on 5th Jan 2020 on Sunday. XAT is a computer based online exam. All the important dates regarding XAT 2020 will be out soon in the month of August by XLRI.




There are almost 150 top MBA colleges accepting XAT score for admission. The accepting score differs from institution to institution. There are some MBA colleges accepting XAT score above 90% including XLRI, SPJIMR (SP Jain Institute of management and Research), IMT (Information Management Technology), XIMB (Xavier Institute of Management, Bhubaneswar),etc while there are some other MBA colleges that accepts XAT score above 80% such as IRMA (Institute of Rural Management Anand), MICA (Mudra Institute of Communication, Ahmedabad), K J Soumaiya, GIM Goa (Goa Institute of Management), Great Lakes, LIBA (Loyola Institute of Business Administration), TAPMI (T.A Pai Management Institute), etc.


The MBA admission process 2020 in the top MBA Colleges accepting XAT score will start in the month of September/October 2019 and will remain open till the declaration of XAT 2020 result.


Know details about Top Management colleges in India, Click here


Here is the list of top MBA colleges accepting XAT score with their cut offs of XAT 2019 so that students can create an idea about the approximate cut off of XAT 2020 of the colleges according to the previous year cut off.


MBA colleges
XAT 2019 
SPJIMR Mumbai
90
XIM Bhubaneswar
90
IMT Ghaziabad
90
MICA Ahmedabad
80
Great Lakes
80
TAPMI Manipal
80
GIM Goa
85
K J Somaiya Mumbai
85
IRMA
80
FORE New Delhi
85.25
LIBA Chennai
80
BIMTECH Greater Noida
75
IFMR
75
XIME Bangalore
70
IFIM Bangalore
70
School of Inspired Leadership - SOIL Gurgaon
75
New Delhi Institute of Management - NDIM New Delhi
70
Jaipuria Institute of Management
70
KIIT School of  Management - KSOM Bhubaneswar
70
Xavier Business School (XBS) Kolkata
75
IPE Hyderabad
75
SDMIMD Mysore
74
VIT Business School (VIT) Vellore
70
ISB&M Pune
70
AIMS Bangalore
70
Indus Business Academy 
70
JIMS Rohini, New Delhi
70
ITM Navi Mumbai
70
IES Management College And Research Centre, Mumbai
60
Globsyn Business School, Kolkata
65
FIIB Delhi
60
Gitam School of International Business
50
GITAM Hyderabad Business School
50
SCMS Cochin School of Business
50
Calcutta Business School Kolkata
50
IIMS Pune: International Institute of Management Studies
50
VESIM Mumbai
50
DSIMS Mumbai: DurgadeviSaraf Institute of Management Studies
50
Indira Institute of Management - IIMP
50
VishwaVishwani Hyderabad
50
Delhi School of Business, VIPS - Technical Campus
50
EMPI Business School, New Delhi
50
Acharya Bangalore B-School - ABBS Bangalore
50
Birla Global University, Bhubaneswar
50
Accurate Institute of Management And Technology
50
National School of Business
50
GIBS Business School - GIBS Bangalore
50
Jaypee Business School - JBS Noida
50
SGPC’s Guru Nanak Institute of Management Studies, Mumbai
50
RSB Chennai: Rajalakshmi School of Business
50

Here we have given you the list of some of India’s top MBA colleges which accepts the XAT score for admission in MBA course. It will help the Students who are interested in pursuing MBA in the top B-schools of India.


Read also : XAT Exam Registration, Application form, Fees, Steps to apply
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 As per the latest notification updated on the official website of SNAP, the SNAP 2019 exam pattern has changed. The General Knowledge section is removed totally and there is changed in the number of questions and types of questions. 




Know details abot SNAP 2019 Syllabus, Exam Pattern, Click here


SNAP 2019 New Exam Pattern:
Section
Normal Question
Marks per correct Answer
Special Question
Marks Per Correct Answer
Total Question
Total Marks
General English
341.5003451
Analytical and logical reasoning
361.5003654
Quantitative, Data Interpretation and data Sufficiency
351524045
Total
105-5-110150
  • The SNAP 2019 exam test will be computer-based test.
  • The time duration of the SNAP 2019 exam is 120 minutes.
  • Date of Examination-15th December: Time 14.00-16.00 hours.
  • SNAP 2019 exam is an Objective test. Each question has four responses (Only for Normal Question). Candidates should choose an appropriate one.
  • Each wrong answer deducts 25% marks for Normal Question and Special Question.


SNAP Exam 2019 Important Date:
Events
Dates
Starting date of Online registration 
16th August 2019
Closing date of Online Registration
23rd November 2019
Closing date of Payment
23rd November
The released date of Admit card
2nd December 2019
Exam date
15th December 2019
Result date
10th January 2020
We gave you some information related to the pattern changed for SNAP 2019. For more information check the official website of SNAP.


Read also : SNAP Syllabus, Get to know in full details
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The banking sector is one of the emerging sectors for a developing country like India. Banks are considered as the backbone of the nation’s economy. The only bank can lead the nation towards development or relapse. The banking sectors are growing rapidly in India. Now a day for the youngster bank sector is one of the best opportunities for careers in India. Day by day the vacancy in the banking sector is increasing due to the introduction of many private sectors in India. Banks provide investment banking, insurances, mutual funds; fixed deposit, online trading, etc. New candidates are attracting toward the Bank job because it provides security, high salary comparison to other sectors, a good number of holidays, advancement skills, etc.


Types of Bank in India: The bank of India can be categorized as follows: 




Commercial Banks-

A commercial bank is a type of financial institution that accepts a deposit, offers to check account services, making various loans, and offer basic financial products like saving account to individuals and small business. 

  • Private Sector Banks (Axis Bank, HDFC bank, Federal Bank, City Union Bank, etc) 
  • Public Sector Banks (Bank of India, Bank of Baroda, Canara Bank, State Bank of India, etc) 
  • Regional Banks (Grameena Vikas Bank, etc) 

Co-operative Banks-

Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. These can be further categorized into parts: 

  • State co-operative banks (Delhi state Co-operative Bank, Chandigarh State 
  • Co-operative Bank, etc) 
  • Central co-operative Banks (Central cooperative Bank of India, The  National 
  • Central Cooperative Bank of India, etc) 
  • Primary Agriculture Credit societies  

Investment Banks and Specialization Banks:

These provide financial assistance to its customers and provide necessary support like foreign exchange, sales of equities, foreign trading etc. to its customers. Some of the examples of Investment Banks of India are Kotak Mahindra Bank Limited, Deutsche Bank, etc. 


Job opportunities in Banking sector in India:  

A candidate can start his/her career as a banker as per the qualification. For most of the banking jobs, a candidate has to qualify the entrance exam with excellent communication skill and leadership quality. There are some posts for the banking sector which are as follows: 


1.Sub-Staff-

An aspirant can start his/her career as a sub-staff. This is the lowest post in any bank. Minimum qualification for this post is 10th pass. You are appointed as a peon or sweeper in the branch or any administrative office. The rank of sub-staff increase as per the requisite educational qualification during the tenure at the bank. 


Salary for Sub-staff- The salary of Sub-staff in public sector banks ranges from Rs 9,560/- to Rs 18,545/- per month.The salary increase as per his/her post increase.  


2.Clerical Cadre-

A graduate degree is most important while you are choosing a front line post in any commercial bank. Aside from you need to qualify the entrance exam with required basic computer skill knowledge as well as communication skills. The job line for the Clerical Cadre as account opening, passbook entry, fixed deposit opening, marketing of various products of the bank, etc. 


Salary for Clerical Cadre- The junior Associates or Clerk or Single window operator in public sector bank gets a salary around Rs 23,111/- per month. The salary increases with time and with increase post.  


3.Probationary officer -

This officer is also called Management Trainees. Direct entrance through conducted by SBI and IBPS a candidate can get into this post with some required skill. The Probationary Officer manages the cash, account opening, compliance part, etc. Someone can rise up the rank of the head of a bank if she/he joins as a PO in any commercial bank. If a candidate is good enough then she/he can also make it as the Deputy Governor of RBI. 


Salary for PO in public sector banks- The salary for JMGS I (Junior Management grade Scale I) or PO in banks range from Rs 23,700/- to Rs 42,020/-. The salary is hike as per the grade increase.  


4.Specialist Officer-

Specialist Officer means taking care of a special department. The recruits offer in different fields such as IT, HR, Agriculture, Marketing, Planning, Corporate Finance, etc.  


Salary of SO- The salary of an IBPS so scale I after his/her appointment will be approximately between Rs 30,000 to Rs 38,000 


5.NABARD Officer-

NABARD means The National Bank for Agriculture and Rural Development. Being a NABARD officer you have better knowledge about the rural economy. You need basic knowledge about the industries as well. Through the NABARD exam, you can get into the organization.  


Salary for a NABARD officer- The salary for a NABARD officer is approximately RS 61,000/-. 


Skill Required: 

Basic few skills are very necessary for a banker which are as follows: 

 

  • Customer Dealing- More customer more money, more money strong bank. So ultimately strongness depends upon with the customers. So a candidate has to require good customer dealing capacity. 
  • Patience- Patience is the key weapon for a banker. While dealing with a customer it is very important to keep patience because one single rough word can change your entire environment. 
  • Good in Calculation- In every finance sector, it is very important to be good in the calculation which enhances your capability with accuracy.   
  • Team Work- Work with a team is very difficult because everyone has its own Moto. Only teamwork can lead your organization towards success 
  • Organization and time management- More you fast with accuracy, more you save time and time-saving management is a very necessary thing in the banking sector. 


Now the banking sector is one of the leading sectors in India with high job opportunities. We gave you some information about jobs and career of the banking sector. Those candidates are interested in this career to choose the right track for getting a post into this sector. 


Read also : Aspiring to be a Banker?? Do You Have These 6 Dynamic Skills??


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CAT (Common Admission Test) is a computer-based exam conducted by IIMs (Indian Institute of Management). Students take this exam for getting admission in B-school. CAT registration already started from 7th August and the closing date of CAT registration is 18th September 2019.

Know details about CAT 2019, Syllabus, Exam Pattern, Application form, Click here