IBPS Updates and Detailed Overview
IBPS : From last few years, the IBPS has emerged as a standard qualifying factor for choosing eligible candidates for banking jobs throughout India. After getting the IBPS score card, candidates can apply to various public and private banks.
Before emerging of this IBPS examination, all public and private banks conducted their own examination which is followed by an interview and this long duration of the exam process hampered total selection. Some banks even used to take more than one year to fulfill their vacancies. This total process severely affected the entire productivity of the banks.
After the existence of IBPS exam, this process has improved and it has reduced the recruitment duration also. Today, any bank can complete their entire recruitment process in a short span of three to four months. This is a huge improvement in the banking sector selection process.
How Does IBPS Work Now?
The IBPS agency mainly conducts the written examination to appear in IBPS twice a year. It is for both clerical and probationary positions. Anyone with a graduation background in any stream with qualifying marks can sit for this IBPS exam and he or she should be of 21 years of age.
Once the exam procedure is over, the institution passes the scorecard to the qualifying candidates. Right now, about 19 public sector banks conducts this IBPS exam. This means that the when a candidate qualify the exam he or she can directly apply to any bank within India by showing the scorecard and the validity of this scorecard is one year. If a candidate cannot get job within a year from the date of clearing the IBPS then that candidate can sit for the examination again.
Private Banks are also looking for any IBPS pass candidates. Many Indian private banks now-a-days look for IBPS candidates as it saves their selection time and the IBPS exam procedure helps to reduce the recruitment duration also.
Only the State Bank of India and Industrial Development Bank of India are conducting its own separate examination and interview.
Preparing for IBPS
As with the very swift process the IBPS is reducing the duration of selection procedure of banking candidate’s recruitment, let’s have a look how any candidate can prepare for this IBPS exams. There are many teaching centers claiming to be specialized in teaching guide for IBPS exam to get the students clear the exam. You can join there but remember there is no alternative of properly self-study.
Reasoning, mathematics and English are the main subjects with very difficult level. Only practice can help you to clear this properly with good score. Also, the candidate must have to be very strong in general knowledge part.
The IBPS definitely reduces the duration of bank recruitment process. The need for IBPS is getting more highlighted because of a retirement of large section of banking employees by 2015.
More about the Common Written Exam
The 200 mark test covers 5 areas like:
- Quantitative Aptitude (50 Marks)
- Reasoning (50 Marks)
- General Awareness (40 Marks)
- Computer Knowledge (20 Marks)
- English (40 Marks)
First comes the mathematical ability or quantitative aptitude test. Here, your bank exam coaching will need to teach and cover all the topics mainly time, distance, probability, profit and loss, fractions, etc. Practice is the main key factor to crack this exam. It is important to remember the full multiplication tables. Also improve the process to increase the mental tricks which help you to speed up your solving ability.
This section is basically there to test your observation power and mental ability. This section contains the highest mark allocations so it is really important to practice thoroughly. If you put a little effort you can relatively score good marks.
From this section also you can score good marks. There are about 75% questions which are related to the banking sector and the other 25% is related to current affairs. If you really want to score very good marks from this section you need to be updated with all current banking policies and their changes which have the impact on the current economic scenario of nation.
This is one of the easiest sections from where anyone can score the highest marks if they have the basic knowledge about basics of the computer as it covers only the simplest computer applications.
This part is most of the time taken for granted. But, it is much important to assign time equally to prepare for it. Here, your command over English is tested. You can make yourself strong in this part by reading English newspapers daily; can build your own dictionary or you can practice comprehension and increase the stock of synonyms and antonyms.
Whether it is the IBPS Exam or the SSC exam, the key factor to crack them is to improve your mental processing and also the time management skills.
Guide to IBPS Exam Preparation
Usually, there are the following sections for the IBPS Bank Exams. They are Math, English, Reasoning, Computer Current Affairs, Proficiency, and Marketing/Banking Knowledge. Almost 7, 50,000 candidates took the recent IBPS exam. Usually, the total vacancies are around the range of few hundreds to a couple of thousands. So, to get the job successfully your aim should be to give the exam successfully to rank among the top 2000-3000 candidates. To get the job you should prepare yourself so well that you can overtake 7 lakhs plus candidates who are competing from all over the country.
You should totally devote yourself in your preparation and give 3-4 months of solid time in IBPS preparation otherwise; it will be almost impossible to clear the exam. For quality preparation, you have to totally devote yourself for 3 months without thinking anything else if you really want to get the bank job at one chance. There are some certain strategies that will help you in your preparation. There are lots of candidates who loves math and always start their preparation with Math and then end with Math too. As they feel comfortable with the Math preparation so, they prepare only that. But you should focus strictly on all the sections during the preparation phase. Try to practice as much as you could for the success.
You should take some mock exams once you are confident about each section. Mock exams are the carbon copy of the actual IBPS Exam. They provide the same pattern, timing, syllabus just like the actual exam. You get time management skills by taking these exams. From these mock exams, you can know your weak areas. You will get to know your scores by giving these mock exams. You will be able to compare your marks if you are taking mock exams with your friends. You can work together to improve your weak areas and faults. At present, the IBPS Exams are conducted online. So it will be better to try to attend more online exams. If you practice properly you will be acquired well score and definitely get the desired job.
Benefits of bank coaching for IBPS Exam Preparation
Bank jobs provide lots of benefits, such as job security, easy work culture, high pay and etc. for all these bank jobs are the preferable one in the country. Now a day almost every graduate dreams of getting such an opportunity. The candidates from all the streams are applying for the various jobs for the banks. So they are interested in attempting competitive exams like IBPS CWE Exams or SBI Bank Exam. But the candidates who are not from commerce or science background feel a little bit difficult with the banking and financial terms as well as solving the mathematical questions.
It will be better to go for bank coaching rather than taking preparation at home because it is not so easy. You need a focused preparation strategy and proper guidance along with regular hard work and intelligence for the most competitive IBPS exams. For this entire bank, coaching is important.
Highlight some benefits of getting a coaching in bank exam
Get the right study material: For the bank exams bank exam preparation coaching Institutes have knowledge for years in preparing study material. There is some important IBPS syllabus like the current and past trends, the question pattern and etc. Coaching institute is well aware of all these. It offers the knowledge to the applicants. For a bank job candidate, it is important to get the right guidance from an experienced person.
Helps in learning smart tips and tricks: All those tips, tricks, and shortcuts are informed by the Bank coaching Institutes. All these shortcuts help you to solve the questions along with increasing your speed. For the IBPS exam, all these are absolutely necessary.
Helps in learning time management skills: For the IBPS exam, the time management skills are most important. Bank coaching institute can provide you to learn about the time management. You know the answer but could not able to do that on time then there is a chance to fail.
Access to online tests: Not every aspirant is comfortable with the online format of IBPS Exam. By practicing mock tests online that is offered by the bank coaching institutes the aspirants can adapt to the examination process.