How to crack bank jobs..??

Recently there was global meltdown, initially started with sub-prime crisis and subsequent collapse of financial and banking sector of USA, which led to shut down of major banks in USA and there raised a sort of unrest ,resulted in massive job cuts in private sector especially software field in which we are most dependent on overseas projects. All these consequences created a notion in people that there is no job security in recent times. In spite of all these major things happening Banking Sector in India stayed robust.

Now a day's banks went global and started operating in various branches around the world. The modern computerized techniques used in banking operations reduced the risk of making mistakes for the employees; in calculations, counting and maintaining data of different customers of the bank. Bank Probationary Officers as well as Bank Clerical jobs emerged as lucrative careers. Especially at this time of turbulence; bank jobs in public sector seem to be a safe bet. Bank jobs not only provide us good salaries but also provide us good social status. If you need to crack the bank exams and start a promising career in Banks; you need to prepare in a planned and sequential way and have to be thorough in respective examination criteria, because the competition would be relatively high.Atleast above 70% would be a fairly good score. Applicants with commerce, financial and Math background have more chances for success rather than applicants with other backgrounds.

Information of few useful Books:Magical Book Series: Money, Banking & Finance by N.K. Sinha

This is a very useful book for the preparation of banking interviews and reasonably priced. You will find lots of information in this book on banking and financial environment, important concepts, terminology, financial institutions, important policies etc.The book is covering most of the information on which questions are generally asked in banking interviews. Apart from these books you should also take help from 'Competition Success Review' which is such a good book for the preparation of interviews. Also refer to the section on 'Interview preparation' in this website for some very useful tips and methods.

Basic eligibility for bank exams:

- Age to be between 18 ,28 yrs, as on 01.01.2011; little variations may be there from bank to bank.

- Completion of a?Degree?(any discipline) from a recognized university is a must.

- Able to read/write & speak in languages mentioned by the banks that are recruiting; most commonly must be fluent in English & Hindi (sometimes local language of the place where the bank is located).

- Knowledge in computer operations is required in most of the banks

After passing all the eligibility criteria and applying for the examinations. A Common Written Examination (CWE) will be conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for Probationary Officer/ Management Trainee posts/Bank clerks in the Public Sector Banks

Pattern of the Common Written Examination for PO's

-Selection of PO's is made on the basis of performance in written test and interview. Sometimes group discussions are also included in selection process. The pattern of the written test is more are less similar in all the public sector banks. The written test includes objective and descriptive type of questions. The candidates shall be required to qualify in each objective test as per the cut-off marks determined by individual banks. For wrong answers there is provision for the negative marking which is normally 1/4th i.e. one marks will be deducted for four wrong answers. Objective tests include Test for general awareness, Test for English, Test for quantitative Aptitude and Test for reasoning. The test lasts for the duration of nearly 2 hrs and for 200-225 marks, 50 marks for each subject roughly, conducted in English and Hindi languages.

- Bank Clerical exams have Clerical Aptitude test in some of the banks. Descriptive test include of 4 questions out of which the candidates are required to attempt 3 questions only. The test will be of 60 marks (i.e. 20 marks for each question). The test will be only qualifying and the marks obtained therein shall not be reckoned for preparing the merit list. The candidates shall have the option to answer the descriptive test either in English or Hindi. Selected candidates in the written test are called for interview and Group Discussion. This is the General pattern of Bank PO Exams, however now-a-days each bank is coming up with slight difference in the pattern of exam. So, better keep a check on exact pattern for coming exams on an ongoing basis.

Preparation tips for Bank Exams

Writing the bank exams with short term preparation at the moment of the exam does not workout. Serious preparation at least eight months before is needed. For an aspirant who is willing to get success in bank exams right strategy, planning and approach are essential for preparing. If you succeed in choosing a right approach and right study material to read half of your job is done. As these examinations are completely different from school and college examinations; we are supposed to get minimum qualifying marks in each section. We have to work on some basic and crucial concepts and should manage to get best study material available in the market.

- First we have to prioritize all the sections of the test according to good scoring possibility; in the priorities reasoning should be on the top of the list, then follow General awareness, Quantitative aptitude and English respectively. English is just qualifying exam; so you can just attempt all the questions just to qualify. Before appearing the exam know whether English is qualifying or marks are counted. General awareness is an easy scoring subject (you can score more than 80%).This consists of mainly current affairs and happenings in India and around the world, in the past 6-8 months. You need to devote some time on regular basis reading current affairs from different News Papers and magazines and keep yourself current. Quantitative Aptitude part is a general and basic math which is not very hard.

- The only thing is you need a lot of practice on regular basis and exact and thorough understanding of the concepts clearly. Practice should be in such a way that you answer the questions in an accurate and quick manner. The most crucial and the part on which your success depends is Reasoning test. This is the toughest part of the exam for most of the aspirants. You should understand the concepts and solve the old model papers and it will be more useful if you solve more and more questions; because more or less similar questions based on certain concepts appear in most of the PO's question papers. Descriptive part don?t require more preparation, because any fairly good student can answer this part and more over it is only a qualifying exam. Most of the aspirants qualify in this exam very easily; so nothing to worry about.

Time management in the Exam

- Even though you know all the answers and solutions for all the questions; if you can't solve them in given time it is of no use. Therefore, presence of mind and time management are major Keys for your success. In quantitative aptitude and reasoning right from the beginning of practice, make it a habit to solve within certain time limit. Rigorous practice not only improves your accuracy; but also accelerates your speed in arriving at genuine and correct solutions. Most of your success depends on how you divide the time between different sections.

- Generally English and General awareness do not require more time, because most of the questions are direct and do not require more thinking or analysis. So, try to complete both the sections within 30-40 min maximum. The more time you save in both these sections can be used in solving other two sections. It is good to contribute 35-40 min; quantitative aptitude has direct application of shortcuts and formulas; which can be achieved by more practice. Maximum time of 60 min or more can be contributed to Reasoning test; because it needs logical and analytical thinking. Time management gives you competitive advantage over the other aspirants, who are attempting the same exam. More over time management is always useful in all aspects of your life; may it be your career or any occasion. You will learn proper use of time; so that you will not be wasting your precious time on unnecessary things and this in turn helps you in prioritizing things.

Scores

If you really prepare well you can easily score 85% and above in math and general awareness and 80% is good percentage in reasoning test. If you get 70% you will have fairly good chances for an interview call and if you score overall 80%, you will definitely get an interview call

Preparation for Interviews and Group discussion

The aspirants have to prepare well ahead of time for interviews and group discussions; because it requires a good command over communication skills. Immense and regular practice makes you well worse in these aspects and no doubt improve your communication skills.

Few tips for interview:Keep specific answers for all the generally asked questions. Dress in a proper formal manner, look and be polite, answer in more pleasing and confident manner.Some of the commonly asked questions in the interview: Tell me about yourself

- Why do you want to enter banking

- What significant trends do you see in the future in Banking Industry

- Explain how you would be an asset to this organization or why should we select you for this position

- What is your greatest strength and greatest weakness? Do you think you are overqualified for this position

- Few tips for Group discussions: Here are few tips which give you cutting edge in group discussions as compared to other aspirants. Group discussion should be done in a very careful manner; because it is the way to test your communication skills, Leadership skills and your ability to work in teams. Be polite with a slight smile on your face; have a positive approach over the topic you are speaking, this gives a good impression to the evaluators. Initiating the discussion gets you an edge over others; but never ever initiates the discussion if you are not comfortable with the topic. Do not speak in a hasty manner. Be, a good listener during the course of discussion.

-If you pay attention on what others are speaking, you can build upon the discussion and you can express your own views on the topic and you can even try concluding the topic. This builds up your image in the view of evaluators. Be cool and never get indulged into arguments. If at all any arguments arise in due course accidentally; pacify them in a more matured manner by putting forth genuine views , so that other aspirants are soothingly persuaded. If you prepare well in this sequence it is easy to crack the bank exams and come out in flying colors

Legal industry saw maximum growth in May 2018

Recruitment trends report say that the overall demand saw a drop of 4% during May 2018 says wisdom jobs recruitment trends survey report. Recruitment trends report saw maximum growth in Vadodara. Other cities such as Ahmadabad and Jaipur were the top hiring locations in May 2018. Among top ten locations Vadodara saw 13% rise in hiring activities. Ahmadabad saw 11% rise in hiring activities. Meanwhile Jaipur saw 5% rise in talent demand during the month. Because of the market consolidation, uncertain political environment the employment market saw hiring for critical positions. According to the survey report, Legal industry is the top hiring sector during May 2018. IT/Telecom is also on the track. While demand for business management/consultants, hospitality, logisticsand BFSI professionals saw average growth during the month. The other fact is that engineering students did not saw much growth during the month. Key locations such as Vadodara and Ahmadabad saw maximum growth during the month. Among states Gujrat saw 22% rise in demand.

RECRUITMENT TRENDS BY INDUSTRY:
● Legal sector registered 26% rise in hiring
● Fashion sector posted 1% rise in talent demand
● Export/import sector saw 1% rise in talent demand

RECRUITMENT TRENDS BY FUNCTION:
● Legal profiles reported 34% rise in demand
● Retail services profile saw 7% rise in demand
● Financial service professionals witnessed 2% rise in demand

RECRUITMENT TRENDS BY LOCATION:
● Among top ten locations, Vadodara reported 13% rise in demand
● Ahmedabad posted 11% rise in talent demand
● Jaipur saw 5% rise in talent demand, during the month

RECRUITMENT TRENDS BY EXPERIENCE:
● Candidates with an experience of less than 2 years reported 8% rise
● Professionals with 10-20 years of experience posted 3% rise in demand
● Candidates with 2-5 years of experience witnessed 1% rise in demand.

Major differences between LinkedIn profile and your resume

Many jobseekers think that they have their LinkedIn profile and it is enough that they will land in their dream job. Experts opine that copying the same information from your resume and pasting on LinkedIn profile which will have same sections like Education, Experience, Skills and Organizations etc. It is bit difficult to add keywords on your resume and these days hiring teams are using applicant tracking systems to scan the information furnished by you. Recruitment trendslike online screening tools and other tools will help you to get shortlisted while screening. If your profile has keywords that match your industry and desired positions, you’re much more likely to show up in search results, which can lead to connections and opportunities. The major differences between the LinkedIn profile and resume has been noted as below:

● Length of resume: Many recruiters prefer one page resumes which are not much lengthy. LinkedIn profiles will give you a chance to elaborate your profile on how did you want and it will give you an opportunity to highlight your experience. If you want to add more keywords and phrases in your LinkedIn profile to get found in recruiters search you may do so.

● Be specific while applying: Resumes are generally sent along with the applications. The main purpose of the resume is that organizations should understand that you are the best fit for the organization. On the other hand, your LinkedIn profile is not an application material for one job. It encompasses who you are as a professional in total and can be a tool that helps bring opportunities to you.

● Social platform: Your LinkedIn profile is a social platform and it will provide you an opportunity to get engage with people. It will give you chances to communicate with world and engage with professionals across the world.

Internal sourcing vs. external sourcing

Today’s organizations whether it I small, medium or big looking for the professionals who cultivate with the organization culture and talent hunt is the right process to find the right person. This kind of right talent will catch the nerves of an organization. But many organizations have been depending on traditional sources of leadership and working styles to get stand along with the competitive strategies of a market by bringing in an influx of ideas and work ethos, which will keep the company in good stead to achieve its objectives. Sourcing a right talent from internally and externally it is a big process as it requires the organization background and cultural aspects. There is a scope of two types of recruitment methods like internal and external hunt according to wisdom jobs career edge.

Internal recruitment: the Internal hunt is a recruitment process which takes place when an employee is selected from the existing team for a new job or responsibility. It might be including promoting the employee or providing a career development opportunity to meet the recruitment needs of an organization. In this process, the organization has a clear focus of the employees and familiar with his/her core competencies, strengths, and weakness to solve the issues. They also have good impression about the employee by working for years on the same organization. Wisdom jobs review findings say that even the existing employee also familiar with organization requirement, objectives, vision and mission, systems and practices to deal with the market needs. It costs less to the company and also reduces waste of time and profile searching and all.

External recruitment: When an organization looking for strategic change then it will prefer to recruit through external sources. Hiring from external sources will increase required experience, learning and pragmatic approaches to stay ahead in competitive environment and staying ahead in market competition says wisdom jobs complaints findings. . A person with good experience and proven track record aids organizations to get an insider’s view into the existing competitive scenario and take pre-emptive measures, which give a competitive advantage to the organization.

Design thinking and data driven hiring are emerging trends in recruitment sector

Recent trends in the market have changed the face of recruitment. The technological innovations in the market have led to creation of new jobs across various industries. To reach the high volumes of recruitments, hiring managers have started looking at sophisticated solutions to hire the right talent. Demand for online hiring became main entity. Artificial intelligence and design thinking have become popular in this decade. Wisdom jobs career edge  found following trends have impacted positively in the coming year.

● Data driven hiring: According to wisdom jobs reviews ,the traditional way of hiring from job portals and company websites has gone and the advent of machine learning algorithms for hiring playing big role in the hiring industry. Sourcing right talent is considered as strategic activity rather than an operational one. Hiring is not considered as a HR activity as it is considered as a data driven activity also.

● Mobile recruitment: Smart phones have simplified the recruitment process and job searching process. Many corporate have changed tweaked their career pages/sites mobile friendly to be accessible to recruiters and job seekers. But very less percentage of companies are investing in mobile recruitment, says wisdom jobs reviews study report.

● Design thinking: Design thinking is not just a framework to develop new products but it is an application to simplify the process across domains including HR functions like hiring and training. The candidate’s experience will have great impact on the brand and image of the company, for he/she is a customer too.

● The power of social media: However, LinkedIn is the right platform for recruitment; companies are looking for other alternative channels like snapchat and Instagram also. Social media channels are bridging the gap between recruiters and the candidate. To appeal the millennial workforce, hiring managers are projecting the lighter corner of the organization.

● Brand building: It has become an imperative task for organizations and HR managers to maintain the positive brand among the employee community. While prospective employers look at these portals, interact with current employees, understand the organization and its work culture and then make an informed decision.

Looking for a job in Gulf construction & Engineering? Here are some tips to follow

Irrespective of the role, professionals in the construction, engineering and real estate industry must have following skills. A recent report by the Oxford Business Group states that demand for the professionals across construction industry saw growth due to international events like World Expo in 2020 and other tourism acts. Following are some important skill sets required to have a job in construction and engineering.

 ● Communication:
“The single biggest problem with communication is the illusion that it has taken place.” – George Bernard Shaw
The construction sector in Gulf demands critical communication skills to deal with different teams involved in a single project.

●Teamwork
“Great things in business are never done by one person. They’re done by a team of people.” – Steve Jobs
No project in construction sector can complete without teamwork.

● Visualization
“The big secret is that there’s no big secret.” – Oprah
The ability to visualize the situation can solve the issues before they become big.

● Problem Solving
“We cannot solve our problems with the same thinking we used when we created them.” – Albert Einstein
Having problem solving skills whether expected or unexpected is essential for the successful execution of the project.

● Time Management
“How did it get so late so soon?” – Dr. Seuss
Effective time management skills will ensure to meet the deadlines.

● Awareness
“I see life like one long university education that I never had – every day I am learning something new.” – Richard Branson
Professionals who want to stay in this sector need to aware of the most happening trends in the market to spot mistakes, generate ideas and increase project efficiency.

● Leadership
“Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.” – Jack Welch
Leadership is an important act in all sectors. Here project heads must be responsible for project design and implementation and able to lead a team of professionals such as architects, urban planners, contractors, surveyors, technicians, construction managers, technicians, transportation engineers and others.

Be assertive while communicating to get things done at workplace

Assertive is communicating freely with confidence at work place to get things done in a right manner at right time. But it looks like overconfidence to the other side and it also important to respect the views of other side people. Some people looks to be assertive but they are categorized as aggressive with their open views expressing way. Below tips may helpful to communicate with confidence to get the things done at work place.

Be clear about what you want to say: Assertive is a communication style and experts saying that you should have clear picture about what you want to say and communicate with clarity. Take some time to design your views and objectives to get from your communication.
Bottom line: Your communication should give the bottom line message to the viewers in first few minutes only. Include only related information and avoid unnecessary information. Your message should go directly to the viewers and give final outcome.
Do practice and avoid filler: Speaking is an art and when you speak in front of some people at the time discussions you need to minimize filler using some words like “um,” “uh,” “ya know” and “well” and some other words like and, as a result to get clear results.
Set your tone: Most of the people have low voices and when they communicate it creates big impact on the message they deliver. If you speak in a low, weak tone, you’ll appear timid, hesitant and fearful. To add value to your message, just up your volume to look more powerful and clear.
Don’t use unrelated language: When you speak avoid the language which reduces importance for your words. Some words or sentences like just and I thought of  will give you an impression that you are hiding something.
Be confident: Be passionate while speaking and know more about the subject you are speaking and make powerful your words.