7.5 Lakh people attended the previous IBPS PO exam 2012-2013, and more or less 60000 were subsisted for the common interview sessions. IBPS, the organizer took six months to divulge the combined result (exam+interview) of the foregoing seasons largest PO enrollment drive, which is presumably the last-one to use an offline examination. Although the headhunter eventually published a final list of 45000 winners at the end of the interview, those who got a job in the first round were only about 25000 in numbers. When you calculate it is barely 6% who secured a pass in both in interview and exam. What could be the reason for this large difference?
In India, a degree is the long-prevailing and minimum qualification for a bank PO- this was formulated at-least a decade ago. Quality and access to education have reached greater heights throughout this era-no wonder banks are nowadays seeking highly talented people for the PO officer post. A PO has all the prospects for reaching the top-most positions in banks were they have the leeway to take decisions that are critical in promoting the future growth of the firm. While one can argue that the calibre of a person may not depend upon his marks in the degree examination, the market believes that it does, and it is veritable to some extent. Banks were pressurizing the government to raise the minimum qualification for PO exams, and if the reports are real they now have the sanction to do so. The next IBPS PO exam 2013-2014 on these grounds would witness a few changes the qualifications required by the contenders.
Banks held a sway over their PO intakes when IBPS proposed the common exam in 2011. They had the convenience to subject IBPS Score Card holders with their own HR guideline on qualifications like age-limit, percentage of marks, experience, etc. Now that IBPS manages the entire stages of this “All India Bank Recruitment “ a standardization of the eligibility norms turned out to be vital. There should be something globally acceptable for all banks else those who seek higher standards may have to conduct separate exams, and then the whole idea of IBPS recruitment would be worthless. IBPS slightly overhauled the minimum qualifications required for appearing in their exams recently after switching to the online exam platform, we saw the initial set of changes in IBPS Clerk Exam.
What changes could we expect in the upcoming IBPS PO exam 2013-2014?
1. Type of examination:
The forthcoming exam is sure going to be an Internet based exam- you can see the demo here.
Right now, the age limit for the IBPS PO exam is 30 and it is going to get a makeover to 28 (without taking reservation into account). We spoke to a private bank recruiter in Cochin regarding this matter, why the institutions are gradually decreasing the age-limit for competitive exams, and she said an apparent truth; learning curve of a person is greatly related to the age parameter; people have a better power to learn things quickly at younger age, and such apprentices will develop into great achievers. Exceptions are there, but unless he or she was previously employed in an associated field, quick adaptation is kind of difficult thing at age 30. Interestingly all recruiters, including IBPS provides age-relaxation for experienced.
So what is next if I’m not qualified for IBPS PO exam under age-limit criteria?
You still have a job prospect in the banking sector if your qualifications are appropriate for applying IBPS Specialist Officers exam.
3. Percentage requirement in degree examination:
Much likely that in IBPS PO exam 2013-2014 notification we will see a hike in the percentage requirement, a mere pass in degree would change to 60% or first-class. People discussing this issue in forums have a collective opinion that IBPS, in fact, wants to lessen the number applications they receive. After moving to the online examination mode which requires a lot of resources for smooth operation, changing the qualification would seem the immediate option in front of them. However, we strongly believe that it is a quality control taking place. IBPS already has the expertise of administering exams of larger magnitude, and since they earn a lot of money from collecting the forms its literally suicidal to prevent aspirates from registering.
What are the options left if I don’t have enough marks for IBPS PO exam?
A lot of aspirants may get disappointed by the decision to change IBPS PO exam qualifications, especially those who belong to the general category and in 55%+ mark range. If you’re young our advice is to choose the Clerical Cadre initially and try the internal promotion exams while working. IBPS provides suitable age-relaxation for clerks who are already working in public sector banks. IBPS Specialist Exam is also an option if you’ve a professional degree or post-graduation in certain fields of study.
IBPS PO exam 2013-2014 dates
IBPS will start collecting new PO applications at the end of July 2013. You can visit this page for more information.