Bank of India SO Preparation Tips 2017

Bank of India SO Preparation Tips – Get here section wise preparation tips, study plan and strategy for BOI SO  2017

Bank of India SO Preparation Tips 2017

Bank of India has invited applications for various posts of Specialist officers. Bank of India will recruit 670 posts of Specialist Officers for the year 2017.Some posts are reserved for special candidates. The BOI SO exam follows a standard Bank SO pattern. Online applications have begun from 20th April 2017.

Important Dates for Bank of India Specialist Officers

Events Dates
Online Applications start 20 April 2017
Online Applications Close 05 May 2017
Last Day to print Application 20 May 2017

Free BOI SO Practice Tests

Bank of India SO Preparation Tips – BOI SO Vacancies for 2017

Scale

Post

Distribution of Vacancy according to category

Vacancies
reserved for PwD

SC

ST

OBC

UR

Total

HI

VI

OC

JMGS-I

Officer
(Credit)

45

37

75

113

270

12

2

2

MMGS-II

Manager

68

33

111

188

400

4

4

4

Eligibility Criteria for Bank of India Specialist Officers

A. Age Limit

Officer (Credit) (JMGS I)

Minimum Age –21 years
Maximum Age –
30 years

Manager (MMGS II)

Minimum Age –23 years
Maximum Age –
35 years

B. Educational Qualification

Graduation Degree in any discipline with 60% marks along with a post graduation in MBA/ PGDM/ PGBM/ PGDBA from a reputed institution. Candidate can also be a post-graduate in commerce, science or economics, a Chartered Accountant, ICWA or Company secretary. It is mandatory for candidate to have a computers for a minimum of three months or information or equivalent subject at graduation level.

C. Work Experience

Officer (Credit) (JMGS I)– NIL

Manager (MMGS II)Minimum two years of work experience as an Officer– in any Public Sector Bank OR in any Private Bank having minimum Business Mix of Rs.1 Lakh crore as on 31.3.2017

Selection Procedure for Bank of India SO

The Selection Procedure for Bank of India SO Recruitment comprises of 3 stages:

  1. Online Written Test
  2. Interview
  3. Merit List

Bank of India SO Exam Pattern for Written Test:

Name of Tests Max.
Marks
Duration
English Language 50 120
minutes or 2 hours.
General Awareness
with special
reference to
Banking Industry

50

Financial Management

50

The above tests (except English Language) will be bilingual. The English test will be qualifying in nature. Other tests will be evaluated only if you qualify in English Language paper. The paper has an negative marking scheme of 0.25 marks for every wrong question.

How to Prepare for the Bank of India SO exam?

Preparing for the exam can be challenge like any other. You need to focus yourself on each section. What is essential is to prepare well for each section to clear section wise cutoff and get a good overall score. Remember that there is a negative marking scheme of 0.25 marks for every wrong answer and therefore there is little room error.

  1. Preparing for English:

Verb, Tenses, Subject-Verb Agreement,Adverb, Error Correction, Sentence Rearrangement, Articles, Comprehension, Fill in the Blanks,

Vocabulary, Grammar,Synonyms,Idioms & Phrases,Unseen Passages,Antonyms etc.

You need to plan out your studies accordingly. Solve as many English mock tests as you can. Read up regularly to know more about English.

  1. Preparing for General Awareness:

Sports, Economy, Culture, History, Science – Inventions & Discoveries, General Politics, Geography, Budget and Five Year Plans, Indian Constitution, Scientific Research, Important Financial & Economic News, Countries & Capitals, Knowledge of Current Events,

India and its neighbouring countries, Current Affairs – National & International, Economy, Banking, and Finance.

Solve Mock Tests regularly. Subscribe to the Daly PDF capsule offered by TopRankers.

  1. Preparing for Financial Management:

Financial Management, Financial Planning, Time Value of Money, Valuation of Bonds and Shares, The cost of Capital,Leverage, Capital Structure, Capital Budgeting, Risk Analysis in Capital Budgeting, Capital Rationing, Working Capital Management, Cash Management, Inventory Management, Receivable Management, Dividend Decisions.

Bank of India SO Preparation Tips – Quick Preparation Tips:

  • Manage your time
  • Solve Numerical and word problems
  • Stay updated with current affairs
  • Solve Mock tests regularly
  • Evaluate your performance regularly
  • Eat Well, Sleep well and focus on Exams
  • Do yoga and Exercise to stay healthy
  • Improve Language and Prepare for English comprehension
  • Accuracy is essential in solving mathematical problems

Stay tuned to TopRankers for more updates on Bank of India SO!

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