Dear Readers,
Bank of Baroda and Manipal Group have joined hands to set up the Baroda Manipal School of Banking (BMSB) to cater to the needs of training young, bright graduates in order to make them job ready for a career in Banking in Bank of Baroda. On successful completion of the programme within the stipulated time period, they shall be absorbed as Probationary Officers by Bank of Baroda.
Bank of Baroda and Manipal Group have joined hands to set up the Baroda Manipal School of Banking (BMSB) to cater to the needs of training young, bright graduates in order to make them job ready for a career in Banking in Bank of Baroda. On successful completion of the programme within the stipulated time period, they shall be absorbed as Probationary Officers by Bank of Baroda.
Candidates shall be selected through a selection process consisting of online exam (objective + descriptive) followed by Group Discussion and Personal Interview.
All About the one-year Course:
The selected students will go through 9 (nine) months of on campus residential program at the Baroda Manipal School of Banking leading to award of a Post Graduate Certificate in Banking & Finance by Manipal University followed by a 3 (three) months work integrated learning (WIL) in the form of On the Job Training at any branch of Bank of Baroda leading to award of a Post-Graduate Diploma in Banking & Finance by Manipal university.
The course is extendable to a further 18 months of blended learning which is optional at the option of the students and which will lead to award of MBA in Banking and Finance from Manipal University.
All About the one-year Course:
The selected students will go through 9 (nine) months of on campus residential program at the Baroda Manipal School of Banking leading to award of a Post Graduate Certificate in Banking & Finance by Manipal University followed by a 3 (three) months work integrated learning (WIL) in the form of On the Job Training at any branch of Bank of Baroda leading to award of a Post-Graduate Diploma in Banking & Finance by Manipal university.
The course is extendable to a further 18 months of blended learning which is optional at the option of the students and which will lead to award of MBA in Banking and Finance from Manipal University.
☛ What are the posts available under this recruitment project for freshers?
The post which will be available in this recruitment project is Probationary Officers.
☛ When will be the exam conducted?
Bank of Baroda’s recruitment of Probationary Officers will be conducted tentatively on 27th May 2017.
Bank of Baroda’s recruitment of Probationary Officers will be conducted tentatively on 27th May 2017.
☛ How many vacancies are there?
The number of vacancies are 400 (3 Batches) for Bank of Baroda’s Probationary Officers post. Click on the image below to view the complete break up of vacancies.
☛ Will the exam be conducted online or offline (OMR Based)?
Common Written Exam for Bank of Baroda’s Probationary Officers will be conducted in online mode.
☛ What is the Structure of Examination?
The structure of the examinations which will be conducted online are as follows:
The structure of the examinations which will be conducted online are as follows:
Online Examination
Candidates are required to obtain a minimum score in each test and also a minimum total score in the online test to be shortlisted for Psychometric Assessment, Group Discussion & Interview.
There will be descriptive paper for test of writing skill in English which has to be completed in online mode only. The descriptive paper of only such candidates will be assessed who secure a minimum qualifying mark in the objective test.
☛ Will there be any interview after the written result?
The aggregate marks of candidates qualifying in the Online Test will be arranged in descending order in each category and the candidates in the order of merit, subject to approximately 4 times the number of intake in each category, will be called for Psychometric Assessment, Group Discussion and Interview. The qualifying marks in Psychometric Assessment, Group Discussion & Interview will be as decided by the Bank.
The Psychometric Assessment will be qualifying in nature. The final merit list for selection will be on the basis of performance in Online Test (objective + descriptive), Psychometric Assessment, Group Discussion (GD) and Interview.
Each and every short listed candidates for Group Discussion & Interview has to appear for Psychometric Assessment failing which, candidature of such candidate will be cancelled
The aggregate marks of candidates qualifying in the Online Test will be arranged in descending order in each category and the candidates in the order of merit, subject to approximately 4 times the number of intake in each category, will be called for Psychometric Assessment, Group Discussion and Interview. The qualifying marks in Psychometric Assessment, Group Discussion & Interview will be as decided by the Bank.
The Psychometric Assessment will be qualifying in nature. The final merit list for selection will be on the basis of performance in Online Test (objective + descriptive), Psychometric Assessment, Group Discussion (GD) and Interview.
Each and every short listed candidates for Group Discussion & Interview has to appear for Psychometric Assessment failing which, candidature of such candidate will be cancelled
☛ What is the age criteria to apply in this common written exam?
Age (As on 01.04.2017) Minimum 20 years- Maximum 28 years i.e a candidate must have been born not earlier than 02.04.1989 and not later than 01.04.1997 (both dates inclusive)
☛ What is the educational qualification required for various posts in this recruitment process?
Qualification (As on 01.05.2017) –Degree (Graduation) with minimum 55% (50% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification as such recognized by Central Government.
☛ What is the application Fee?
Application Fees/ Intimation Charges (Payable from 01.04.2017 to 01.05.2017 (Online payment) both dates inclusive
– Rs. 100/- for SC/ST/PWD candidates.
– Rs. 750/- for all others
– Rs. 100/- for SC/ST/PWD candidates.
– Rs. 750/- for all others
☛ When will the registration start?
Registration will start from 01.04.2017 to 01.05.2017, both dates inclusive.
☛ Is the exam Bilingual?
The tests except the Test of English Language in Mains exam all others will be available bilingually, i.e. English and Hindi.
☛ What happens after I am selected?
The selected candidates will be issued an offer letter from Bank of Baroda, inter-alia containing information about:
Admission for the course detailing the program, the scheme, the fee structure, education loan availability, the course curriculum, the criteria for successful completion, internship, evaluation procedure, joining requirements in terms of academic and internship performance and the stipend and facilities available during the campus terms.
Selected students will have to undergo a medical examination to certify their fitness for a Banks job at the time of their entry into the course itself. Upon being found medically fit and on completion of document verification at a nearest zonal / regional office centre of the Bank, the students will be granted admission into the course, where they will undergo 09 months intensive residential classroom training and 03 months Work Integrated Learning (WIL) in the form of On The Job Training at a BOB branches
The selected candidates will be issued an offer letter from Bank of Baroda, inter-alia containing information about:
Admission for the course detailing the program, the scheme, the fee structure, education loan availability, the course curriculum, the criteria for successful completion, internship, evaluation procedure, joining requirements in terms of academic and internship performance and the stipend and facilities available during the campus terms.
Selected students will have to undergo a medical examination to certify their fitness for a Banks job at the time of their entry into the course itself. Upon being found medically fit and on completion of document verification at a nearest zonal / regional office centre of the Bank, the students will be granted admission into the course, where they will undergo 09 months intensive residential classroom training and 03 months Work Integrated Learning (WIL) in the form of On The Job Training at a BOB branches
☛ Is there a criterion for negative marking?
There is negative marking of ¼ marks for every wrong answer.
☛What is the Programme fees for this course?
The fees for this Course will be Rs. 3.45/- lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student.
Apart from the above course fees, the exam fees for undergoing various Certification exams viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will have to be borne by the candidates, as per the fees charged by NISM from time to time for conducting these Certification exams. Currently, the fees for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to Rs. 2500/- per candidate.
An educational loan is being extended by Bank of Baroda at a very subsidized interest rate of 8% p.a. to fully finance the course fees.
No EMIs/Interest will be recovered during the training period and in turn the student will be paid a stipend amount of Rs. 2500/- during class room training phase of 9 months to meet out of pocket expenses.
The EMI/Interest recovery starts only from the 1st salary drawn by the Probationary officer on joining the bank after completion of the course.
The salary for the PO at the grade that he/she would be joining (JMG/S-I) can adequately cater for the payment of loan EMI and the loan duration has been sufficiently increased / staggered to 7 years to ensure smaller EMI amount of approximately Rs. 6600/- per month only.
On completion of 60 months of service with Bank of Baroda, the Bank will make reimbursement of entire loan amount (Rs. 3.45 lacs).
☛What is the Programme fees for this course?
The fees for this Course will be Rs. 3.45/- lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student.
Apart from the above course fees, the exam fees for undergoing various Certification exams viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will have to be borne by the candidates, as per the fees charged by NISM from time to time for conducting these Certification exams. Currently, the fees for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to Rs. 2500/- per candidate.
An educational loan is being extended by Bank of Baroda at a very subsidized interest rate of 8% p.a. to fully finance the course fees.
No EMIs/Interest will be recovered during the training period and in turn the student will be paid a stipend amount of Rs. 2500/- during class room training phase of 9 months to meet out of pocket expenses.
The EMI/Interest recovery starts only from the 1st salary drawn by the Probationary officer on joining the bank after completion of the course.
The salary for the PO at the grade that he/she would be joining (JMG/S-I) can adequately cater for the payment of loan EMI and the loan duration has been sufficiently increased / staggered to 7 years to ensure smaller EMI amount of approximately Rs. 6600/- per month only.
On completion of 60 months of service with Bank of Baroda, the Bank will make reimbursement of entire loan amount (Rs. 3.45 lacs).
☛What will be the pay scale for this post?
The gross salary on joining the Bank after training will be in the range of Rs. 8 Lacs per annum (including various facilities, perquisites, benefits, etc. as applicable to officers in JMG/S-I) in a Metropolitan Centre.
☛When is the Course starting?
For the current selection exercise for 2017-18, the 1st batch is scheduled to start after August 2017.
All The Best BA’ins!!
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