Manipal University – A BOOM!!
BANKING CAREER,
Does your heart flutter at the mention of a Bank job. It so, you are among the 1000s of ambitions youngsters, attracted to it.
Banks are the nerve-centre of a nation’s economy and play a crucial note in its development. Their functioning is controlled and monitored by the central Bank of a country – RBI in India.
There are three types of Banks in India, viz., Nationalized Banks, Private Banks and foreign Banks. While Private and Foreign Banks have their own recruitment norms, recruitment in Nationalised (Public Sector) Banks follow a pattern, on the basis of tests – IBPS (Institute of Banking Personal Selection) introduced in 2011.
THE OPPORTUNITY BECKONS
Banks offer more than a job – a life long career, spanning over three decades. There are challenging opportunities to those who can work their way up the career ladder and reach top echelons of management in a crucial sector. Most of the Public Sector Banks have share holdersamong the public and are run professionally. All of them have established Branches across the country. State Bank of India has over 16000 domestic Branches and about 200 foreign Branches. Other Public Sector Banks numbering over 25 have a large network of Branches in the country and overseas. All of them need competent and skilled professionals to run the Banking business. It is estimated over two lakh Bank jobs are on the cards, next 4 or 5 years. The enormity of opportunities is overwhelming. With so many jobs up for grabs, are you ambitious enough, to take the challenge.
PROCESS OF RECRUITMENT FOR BANK JOBS
Among a multitude of options, a career in Banking is one, which could draw an ambitious youngster. However, One cannot just walk into a Bank and claim a job. Bank entrance exam –PO/Clerk – facilitates your entry into a Bank. While many Public Sector Banks recruit officers and clerks, on the basis of IBPS exam, certain Banks – notably Syndicate Bank, Vijaya Bank, Bank of Baroda, Indian Bank – conduct entrance exams individually and recruit required personnel on the basis of performance in these exams. Selected candidates are required to undergo training at Manipal University for a year, on payment of a fee of Rs. 3.5 Lakhs. The fee however is funded by these Banks, which selected them and offered as a loan, repayable over a period of years. In fact the amount is entirely reimbursed to the candidates on completion of service Agreement period. Although both, candidates who clear IBPS and those who receive training at Manipal University land Bank jobs, the latter have an edge and are newarded with better terms of employment.
The relative merits of IBPS and Manipal trainees are indicated below.
IBPS | MANIPAL | |
ANNUAL INCOME | Rs. 4.5 – 5L | Rs. 6.5 – 7.5L |
WAITING PERIOD | 1 Year | Posting 2 Months after CONFIRMATION |
With RACE donning the Trainer’s mantle, why would you miss the bus to a Bank job. With Commitment, you can fast-track your career.
WHEN YOU CHANGE YOUR THINKING
YOU CHANGE YOUR BELIEFS
WHEN YOU CHANGE YOUR BELIEFS
YOU CHANGE YOUR EXPECTATIONS
WHEN YOU CHANGE YOUR EXPECTATIONS
YOU CHANGE YOUR ATTITUDE
WHEN YOU CHANGE YOUR ATTITUDE
YOU CHANGE YOUR BEHAVIOUR
WHEN YOU CHANGE YOUR BEHAVIOUR
YOU CHANGE YOUR PERFORMANCE
WHEN YOU CHANGE YOUR PERFORMANCE
YOU CHANGE YOUR LIFE.
1 comment
Sorry for asking too many questions:-)
1.I have my engineering education loan in pending. Is this possible to join manipal university if in case i have selected for Indian bank/Syndicate bank PO?
2.Could you please let me know the drawbacks of joining manipal ?
3.What will be the take home salary for clerk and PO in both public sector and private sector bank?
4.The EMI for manipal loan will affect my salary if i got placed in bank?
Am happy if you guys clarify my above all queries:-)