Wednesday 16 March 2016

Career Growth Prospects and Opportunities of IBPS PO

As we all know IBPS will declare its final selection list for IBPS PO V for almost 13500 vacancy, many of the aspirants may thinking of career growth and opportunity of a PO in Public Sector Bank. There is many negativeness surfacing that Bank PO job is like a job of salesman, very hectic, not well paid, boring etc. But today we are giving all of you a real insight of Bank PO job.

LIC AAO Expected Cut-Offs

Of-course Bank PO job is not easy but it is also not hectic like Private IT job. Bank PO job work stress is actually depends on which banks one get, branch location, senior officers behaviors and management etc. Many is very happy in Bank PO jobs even many are joining Bank now a days leaving high paying IT jobs. And many leaving Bank jobs after just 2 years of probation period.

Biggest reason to resign a Bank Job for young employee is Transfer. Many candidate from city are like a Delhi guy get posted in a village in South India or remote areas of Manipur or Meghalaya he would resign.

One of the biggest advantage of bank jobs is Job Security. As it is govt job and also if in 2017 11th Bipartite Settlements happened Bank PO will become highest paid govt employee even more than SSC-CGL employee.

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Now opportunity and career growth in Banks,

  1. Can be reach to the top most higher grade like Scale 7 or Chairman post like SBI Chief because promotion is the fastest in Banking sector one can get Scale 2 after only 3 years with JAIIB and CAIIB.
  2. One can join Private Sector firm or Bank for higher salary after 6-7 years of experiences in PSU Banks, but for that one must have some set of special skill Forex or credit department.
  3. Can join MBA after 3-4 years in Top most MBA colleges in India or abroad. If one with 3 years experience in Banks join MBA  from like IIM or FMS Delhi or XLRI can get 15-20 lacs in Top Finance firm.
  4. Can do CFA and apply to front end Invest-banking job role which is the one of most demanded job in world.
  5. Prepare for RBI Grade B which pay almost 13 lacs CTC now a days.
  6. And also after 5-6 years of experiences Bank employees can join Bank coaching center which pay very good salary now a days.
At last every job has cons and pros.One more advantage of bank employees are very low rate interest on home or car loan which below than the market rate.

LIC AAO 2016 Expected Cutoff

Recently LIC AAO 2016 Exam is over for 700 vacancy. As per the report from some sources almost 8-9 lac candidate appeared in the exams. So every one is must be anxious about the cut-off marks. So, today we give you all aspirants a detailed view about possible cut-offs. In the exam there is 2 sections Maths and Reasoning containing 30 questions with 3 marks for each correct answer and other two sections GA and Computer containing 30 questions for 2 marks for each correct answer. There is one more sections- English only qualifying in nature.

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What is the good attempt?

Now considering 2 situations of 2 different students.
  • 1st students who is strong in Maths and Reasoning do total of 58 questions with 100% accuracy in Maths and Reasoning out of 60 total questions and 48 questions with 100% accuracy in both GA and Computer Section out of total 60 questions. Now for 58 questions he will get 174 marks and for 48 questions he will get 96 marks. So total for 106 questions he will get 270 marks.
  • Now 2nd student who is strong in Computer and GA done 58 correct answer in Computer and GA and 48 correct answer in Maths and Reasoning. So he will get 116 marks for 58 questions and 144 marks for 48 questions. So total he will get 260 marks for 106 questions.


So, from the above two analysis we can see that 1st student getting 10 marks more than the 2nd but both have done same number of questions. So those have done more questions in Maths and Reasoning sections with more accuracy have better chance to get a interview call from LIC.


Expected Cut-Offs:

This year overall exam was easy except the GA section which is moderate to hard. So GA is also a determining factor here. But as per analysis cut will be for General/OBC

Reasoning: 11-14
Numerical Ability/Maths : 9-13
Computer: 12-15
General Knowledge; 7-12

Overall Cut offs: 224-232 for General and 215-223 for OBC.

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