Banking As a Profession

For Young graduate, an attractive offer after college is banking profession. It remains in this most wanted job position for years and it is because it enjoys much respect and prestige in the society. After the extinction of BSRB the only window to enter into this well sought career is Probationary Officers (PO) Exams conducted by individual banks. Banks inducts eligible graduates by this exam for training for a probational period of two years. The selected candidates performance during the probation period will decide their position after training. Different Banks recruit probationary officers during different periods in the year. Students has to keep on watch about the notifications and should be alert on applying promptly.

Career as a Probationary Officer

Pursuing Career as a probationary officer is a unique experience in itself. But it is the most common and highly sought after question that "what a Probationary Officer really do?".After the selection and till the date of joining the same question was making my mind puzzle. Hence I would like to share some of my experience with all of you looking after banks as a career option. I would be sharing my day to day experience within the bank so stay with us ...


Tomorrow is the Last day

For our Institutional Training! huh. It has been a best training we have ever attended. We learned from so many guest faculties and others for the next CIB branch where we will be put on Credit & International transaction working. Our PO batch here is awesome. Each & everyone has their own qualities and uniqueness here. So tomorrow we will be out for a week holiday or officially we can say Joining Time that one will require for arrangements of transfer to the next branch. We presented our project well in time. These last days we were working on Credit Monitoring Appraisal in which big loans are provided to corporates. We have worked till 3 a.m. of night/morning for CMA data these days. 


Project day 2: Balance sheet deptt.

So we started today visiting Head Office situated Balance Sheet deptt. We divided our group of 6 into 2 each going to ITS department, Office & Administration deptt. (OAD) & Balance Sheet deptt. But we found audit work was in  process in all deptts that is why we were unable to take much out of them. Evening time we celebrated Lohri festival with all the faculty members of InfoTech Academy. We played musical chairs & other games and enjoyed a lot.


Project day 1st: A boring one

Our group has been given a project "How to reduce miscellaneous expenses in bank and find out revenue leakage to increase bank's income". Today morning AGM Sir gave us directions for the project. There are 10 groups consisting 6 person each with different topics. We have been given a week time starting from today for project work which will be presented next week. So we had a group meeting in morning in which we decided to collect all the circulars for the miscellaneous expenses heads. All the day we were searching circulars (a highly boring work). Along with that I configured my official email ID with Outlook Express for the first time. Its good!


Its all about dollars & Euro

Today was great in respect of learning and knowledge sharing. Official from Treasury deptt. Mumbai came Infotech Academy to teach us about practical treasury functions. Chief Manager told us nitty-gritties of functioning in Forward contracts done at bank level on behalf of customers. Personally I have some exposure in equity market but till today I was having so many queries in forex market which were taken care in 3 hour session by the respected guest meticulously. He shared his 10+ years experience in a very light way and presented the practical aspects of forex market in a beautiful manner taking us from chatting room up to Reuters system to connect with the whole world.


3rd week on training: Project process on the way

This time, our training consists a one-week project. Project would be given to us tomorrow dividing all of us in groups of 5 person each except 3 candidates which are given task of teaching clerical batch of Gramin bank for PO exams. Today we were tought about Letter of Credit and Buyer's credit in details. There are some software used in Forex named Murcury, EXIM etc.


January 6: Credit & International Business training

Training camp of State Bank is at its high pace. Today we got classes of 9 hours or so. Faculty at State Bank of Patiala, Info Tech Academy is highly dedicated and full of knowledge.
Today, we got classes on big corporate loans from guest faculty of Delhi branch. All the sections were dedicated on project funding and all. Next week I am going to attend interview and group discussion at New Delhi for  Scale-II officer in State bank of India.

Bye Bye


Welcome 2010: CIB Training

We got a warm welcome along with 2010 by the academy. Our Credit & International (CIB) training scheduled for 4 weeks starting from year end up to 23rd Jan. Previously the training was planned for two weeks but as per instructions of GM concerning CIB as the most important part of banking for new officers to undertake, training was extended for two more weeks. This time our group consists 62 POs including 60% girls. This part of training is going to be best because of many reasons: reasonably lengthy training, last group training, a project week and 3 idiots.