Educationasia

Top Universities, Colleges, Institutes | Admission, Exam, Entrance I Top Ranked Management, Engineering, Medical Colleges I Educational information

Notice

IBPS Exam Process, Pattern & Preparation Tips

N/A

Institute of Banking Personnel Selection (IBPS) holds exams such as PO Exam, RRB Exam, and Clerk Exam & Specialist Officer Exam every year for many posts in IBPS Participating Banks and Institutions.

IBPS (Institute of Banking Personnel Selection) is an autonomous recruitment body, established by the government of India for the recruitment and placement of young graduates in public sector banks in India.

Examination process:                                          

IBPS Exam goes through two levels-Common Written Exams (CWE) & Interview. Those who qualified in CWE will be eligible for Interview.  IBPS Clerk and PO exams have two stages-Preliminary & Mains exam. Those who qualify in the Pre exam will be eligible for mains exam and then Interview.

Every year millions apply to get a job in banking sector. But very few lucky ones fulfil their dream of finding jobs in the banking sector. Most of them fail because of not having proper preparation, study plan and tricks for bank exams.

Highlights of IBPS PO Exam:  
  • The Number of Rounds is 3-Prelims, Mains & Interview.
  • The Number of Questions in Prelims is 100.
  • Total Marks for Prelims is 100.
  •  (+1) for each correct answer and (-0.25) for each wrong answer
  • The Exam Duration for Prelims is 1 hour.
  • The questions are multiple choices.
  • The Exam mode is Online.
  • The official website is www.ibps.in.
Exam Pattern of IBPS:

S.NO

No. of Tests (Objective)

No. of questions

Maximum Marks

Duration (Mins)

1

English Language

30

30

20

2

Numerical Ability

35

35

20

3

Reasoning Ability

35

35

20

Total

 

100

100

60

What do you mean by preparation? First thing, any aspirant should do that he or she approaches the exam in a very well-structured manner so that no topic is left uncovered.   He or she should be ready for the exam in every way.

The mental state of the candidate plays a key role in preparation. The more candidate prepares well will have more self-confidence and will perform well on the exam day.

How to prepare for the IBPS Exam?
  1. Be clear about the IBPS Exam Syllabus topics and subjects. Must stress on the major IBPS exam topics.
  2. The reasoning is a scoring part where you can easily score good marks to push your overall score too high. This section is less time consuming if you solve paragraph puzzles with full concentration. The more you practice, the more you will have accuracy and speed. Mock test practice is best in the reasoning.
  3. While preparing for the English section, the first thing you do is to read the passage with maximum speed. Try to practice difficult and tricky questions first, and then go for easy ones. You should practice English speaking like writing. You can make use of sentence diagrams. Try to learn the parts of speech thoroughly. For vocabulary read newspapers and magazines. You can also use flash cards. When it comes to verbal ability, identify the theme of each jumble to get an easy solution.
  4. Numerical ability includes questions from Profit & Loss, Average, Simple & Compound Interest etc.. There are good banking guides available in the market. Keep on solving them. Revision is important in this section
  5. Time management is the most important. Concentrate on the section which you’re most confident first in the exam day. Later on, proceed for the more difficult sections.  

 

Share:
View All Articles

Related Story N/A

Commerce: One of the Most Prospering Careers of Th...

In our society people strongly believe that only the academically-gifted students go for science after 10th board exam. If any students who have scored well in 10th and want to study commerce or arts then the elderly persons try to make him convince by saying that “Students unable to score well enough to opt science go for commerce and arts, though you have scored well you should choose science”, “science gives a wide career option, while after commerce you have very limited options like CA, CS, and B.Com”, “commerce is only helpful for the students from a business-class family background not for you” etc. The truth is that commerce stream also opens up a plenty of career opportunities for students, much in the same way as science. So, if you are looking to pick commerce as your stream after 10th, or already continuing commerce, and are still unsure of your career path, then read this article to know the most exciting and lucrative career opportunities you can proudly choose being a Commerce student.Top Career options for Commerce Students after Class 12thMANAGEMENTManagement is the function of planning, organizing, directing and controlling, and the application of the principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals. If you have an interest in this field then you can opt for management after completing 12th commerce. Top management courses to do after 12th are-BBA (Bachelor of Business Administration)Duration- 3 yearsSome well-known BBA honors programs are-Banking and Insurance, International Business, Aviation Management, Healthcare Management, Event Management, Tourism and Travel ManagementBMS (Bachelor of Management Studies)Duration- 3 yearsIntegrated BBA+MBA CourseDuration- 5 yearsDegree In Hotel & Hospitality ManagementDuration- 4 yearsThe tourism sector is booming in India right now. After having this degree students can take on various roles in the tourism as well as Hotel Industries.BBS (Bachelor Of Business Studies)BBS is a 3 years long undergraduate Degree program. It is a good alternative to courses like BBA and BMS courses. The course mainly focuses on the management subjects like HR, Marketing and Finance.BBE (Bachelor Of Business Economics)BBE is a 3 years long undergraduate Degree program. This course gives much emphasis on economics subject along with the elements of traditional business studies.BIBF (Bachelor Of International Business And Finance)BIBF is a 3 years long undergraduate Degree program. The course focuses on International Business, latest trends and practices followed in International Business and Finance management.DIPLOMA MANAGEMENT COURSES AFTER 12THApart from degree programmes, there also exist many Diploma courses in Management. The duration of such a Diploma program is around 1-2 years. Some of the popular Diploma management courses are as follows-Diploma in Retail ManagementDiploma in Organization ManagementDiploma in Hotel ManagementDiploma in Hospitality and Tourism ManagementDiploma in Fashion Marketing and MerchandisingDiploma in Marketing and AdvertisingDiploma in Event ManagementDiploma in Travel and Tourism ManagementAfter pursuing the above-mentioned courses, one can opt for MBA. You can know more briefly about other specializations in management here.B.COM/M.COMYou can pursue a B.Com (Hons.) degree at the UG level, and follow it up with an M.Com, MBA, M.phil and Ph.D. You can choose the subjects like accounting, auditing, finance, taxation, etc. as your paper of specialization. PROFESSIONAL COURSESChartered Accountancy (C.A)C.A. is one of the most well-known career options for commerce students. It is an internationally recognized professional certification conducted by the Institute of Chartered Accountants of India (ICAI).A Chartered Accountant works across various domains in government and private organizations, such as auditing, tax consulting, corporate finance, investment banking, corporate finance, investment banking, etc. You would also have the option to set up private practice after a few years of experience. If you want to pursue C.A. after 12th then you have to register yourself with the ICAI and clear the Competency Professional Test (CPT). If you are doing C.A. after graduation then no need of appearing CPT. After registration, you have to clear every stage of Integrated Professional Competence (IPC) Course Exam along with your article ship to gain the C.A Certification.Company Secretary (C.S)The Institute of Company Secretaries of India (ICSI) is the body which administers the professional course of Company Secretary. Their job involves giving advice on conducting business, dealing with situations involving a conflict of interest, suggesting ways to prepare financial reports, developing corporate strategy, assisting in planning, and advising on company law.ICWAICWA course is a gateway to becoming a cost management accountant. The Institute of Cost Accountants of India (ICAI) formerly known as ICWAI (Institute of Cost & Works Accountants of India) offers the professional of Cost Accountancy in the country.  An ICWA qualified person can work as Finance Director, Managing Director, Associate Professor, Accountant, Cost Controller, Chief Auditor, Cost Accountant, Chief Accountant, Chief Internal Auditor, Financial Consultant, Managing Director, and Financial ControllerACTUARIAL SCIENCEActuarial Science is a field dealing with the analysis of risk across various fields, such as insurance, business, finance, and healthcare. Professionals in this field (called Actuaries), apply mathematical equations, statistics, and financial theories to determine risk and uncertainty associated with various future events that can impact business. To this end, they collect statistical data, conduct analysis, and design and implement numerous business strategies. Actuaries work in life insurance, general insurance, health insurance, pension funds, enterprise risk, actuary consulting firms, investment, pension and retirement, risk management, etc. You are required to clear the Actuarial Common Entrance Test (ACET). After clearing your entrance, you can register at the Institute of Actuaries of India (IAI). There are 15 exams in total conducted by the IAI, however, you can start working as an actuary after clearing only 4-5 exams. The most beneficial graduation streams for this career include Maths (Hons.), Statistics (Hons.) and B.Com (Hons.).STOCKBROKINGStockbroking is a career that involves buying and selling of stocks on the stock market. Stockbrokers manage investments in stocks, bonds, and derivatives for their clients, and advise them about market fluctuations. Being a stockbroker you can work in brokerage firms, insurance companies, banks, investment banks, pension funds, and other financial institutions. You can also work as an independent broker as you acquire domain expertise over the years.STATISTICSThis is a challenging, yet rewarding, career with a flexibility of work opportunities and possibilities to work across various sectors. There are a variety of opportunities available both in the public and private sector in roles such as data analysis, big data, market research, investment analysis, research analysis, risk analysis, etc.OTHER FIELDSA student after pursuing commerce can also pick any of the following sectors as his/her career-LAWFASHION DESIGNINGJOURNALISMBANKINGINSURANCEECONOMICS ADVERTISING AND PR

Aspiring to be a Banker?? Do You Have These 6 Dyna...

A career in banking is open to almost all, regardless of educational branches and streams. That is why the banking sector has always been an attractive option to aspirants from all backgrounds. The exploring banking sector creates thousands of jobs every year. There are currently 21 public sector banks in India out of which nineteen are nationalized banks and other two are SBI and IDBI bank. There are more than a hundred commercial banks in India. Commercial banks include foreign banks, public sector banks and private sector banks. The banks which were established under Banking Companies (Acquisition and Transfer of Undertakings) Acts, 1970 and 1980 are known as nationalized banks. This process of nationalization took place in two phases. After independence, 14 private banks were nationalized by the government on July 19, 1969, to well organize the economic system of our country. The second phase of nationalization of 6 banks took place in April 1980. It means 20 private banks were nationalised in India but currently there are 19 nationalised banks are in existence because in 1993, “New Bank of India”, one of the nationalised banks was merged with the Punjab National Bank. When we talk about SBI, many people get confused about whether SBI is a nationalised bank or not!! The oldest commercial bank of India ‘SBI’ was formed and regulated by the State Bank of India Act, 1955. Therefore SBI is not a nationalized bank. On the other hand, GoI formed IDBI Bank to provide credit and other financial facilities to the rapidly developing Indian industries. The bank was established by an Act of Parliament in 1964 and treated at per with other nationalised banks. Even though the government holds a 77% stake in IDBI Bank, it is not a nationalised bank. To know the list of all the RBI controlled and regulated lists of banks in India, click here. Being a key component of a financial system, banks safeguard our hard-earned savings, channelize and regulate funds flow from savers to borrowers, provide assistance and financial services and help in building a stable and prospering economy for our country. So, being a banker one serves his/her nation through his duty which is very prestigious in its own way. Skills required to be a banker 1. Loyalty and honesty-  Banking is the sector where you deal with the properties of the public. Poor to rich everyone relies on a bank. So you have to be very honest and loyal to your organization as well as your customers. Let me make it clear that the banking sector in India is so well organized that if in case someone intends to do any fraudulent activity it will automatically come into the light now or ten years later.  2. Management skill-  Banking is all about a teamwork. Sometimes you have to take responsibility and lead a team and sometimes you have to work under someone else’s leadership. It is important to work seamlessly with the team members. 3. Patience and good communication skill- While working in a commercial or public sector bank you have to handle a different kind of works at a time. At the same time, you have to deal with varieties of customers. So you have to be very patient. Along with that, you must have good communication skill, problem-solving skill and you also have to be a good listener.  Mathematical & Analytical Ability: 4. Analyzing problems and thinking logically for the welfare and growth of the bank is absolutely necessary to be a banker. Ability to predicting market trends and event-based fluctuations are very vital in financial sectors. Along with that being a banker you have to play with numbers most of the time. So you have to be very good at mathematics. 5. Alert and Awareness- Dealing with money matters is not a casual job. A banker deals with lakhs and cores of money each day. So he must have to be alert and aware every time about this job, his organization and any kind of changes in the financial sector of our country.  6. Quick learning skill-   Technology in the banking sector is updated regularly. To be a banker not only you have to understand the updated technology quickly but also have to get adapted to the new functions. To carry out the banking operations smoothly, the dynamic banking sector needs such aspirants. RELATED LINKS Commerce: One of the Most Prospering Careers Career Prospects beyond Medical and Engineering

Sign up for our newsletter.

Educationasia.in provides a complete & updated detail about colleges, courses, exams, and admissions. A student-friendly educational portal with a wide range of articles and news enhancing your idea about higher education & career prospects.

© 2018 | educationasia.in | All Rights Reserved