Selection process for banking jobs

Scope in banking sector has emerged a lot in the past few years. People have considered it as a privileged and safe job. If you are also aspiring to become a future banker, you can enroll yourself in a banking course. Being a future banker, you will need some basic knowledge about your core subjects and these courses help you in providing such knowledge. These banking courses with placements will give you an opportunity to get a job in well-reputed banks. 

There are some criterion for getting placed in a bank like your age should be 21 to 30 years, and you should have completed your graduation, or will complete it till you pass the preliminary exams. 

The selection procedure is majorly categorized in following three phases-

  • Preliminary examination- This phase will be conducted online for 1 hour. It will consist of core subjects- English Language, Reasoning ability and quantitative aptitude. Candidates will have to pass all the three subjects. The bank decides the cut-off on which it is decided whether you are selected or not.  
  • Main examination- Once you qualify the first phase, you will be eligible to appear for the second phase which is the main examination. In this, there is a higher level of what you studied before and 2 additional subjects- Data Analysis and Interpretation and Economy/General/banking awareness. The procedure would be the same, you will need to pass all 4 subjects individually and the cut-off passing marks would be decided by the bank. 
  • Interview round- The last round of selection is group exercise and interview. The final candidates would be called for a group exercise among themselves to complete some tasks and they would be judged by an examiner. The interview would be conducted with a panel of managers and HRs. Their marks on the main examinations would be counted with their group exercise and interview.

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Reed Hamilton

Mason Reed Hamilton: Mason, a political analyst, provides insights on U.S. politics, election coverage, and policy analysis.