Bank Probationary Officers (BPOs or POs) work in finance, accounting, billing and investment verticles in banks. They handle customer complaints and other customer related issues.
Personal Competencies
You are good at Maths
You like to lead
You like to analyze problems/situations
You are an ambitious person and set goals for yourself
Entry Pathway
1. Complete 10+2 in the Commerce or Science stream (Physics, Chemistry and Mathematics)
2. Pursue Bachelor’s in Accountancy, Business, Economics, Finance, Mathematics, Business Economics or any related subject.
OR
Complete Bachelor’s degree followed by a Master's degree in the same or allied field
3. Take the Bank PO exam conducted by the IBPS/SBI/IBPS/ICICI Bank/Axis Bank/HDFC Bank/IDFC bank etc.
Where will you study?
The course is offered by the Department of Commerce. This list of B.Com institutes is indicative only
Government Institutes 1. University of Lucknow 2. University of Mumbai 3. Osmania University, Hyderabad 4. University of Allahabad Allahabad 5. Devi Ahilya Vishwavidyalaya, Indore 6. Bangalore University, Bangalore 7. Burdwan University, West Bengal 8. Maharaja Sayajirao University of Baroda, Vadodara
Private Institutes (Please check if Institute is affiliated and accredited with UGC before applying) 1. J.D. Birla Institute, Kolkata 2. St. Xavier's College, Kolkata 3. Christ University, Bangalore 4. Chandigarh University 5. Birla Institute of Technology and Science, Rajasthan 6. Galgotias University, Noida 7. Vellore Institute of Technology, Vellore, Tamil Nadu 8. Nirma University, Ahmedabad
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
Fees
The approx. course fee ranges between INR 1,00,000-3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Banks
Work Environment: It is a desk job. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Expected Growth Path
Probationary Officer → Manager → Senior Manager → Chief Manager → Assistant General Manager → Deputy General Manager → General Manager → Executive Director → Chairman and Managing Director
Expected Income
The approx. salary of a Probationary Officer ranges between INR 52,000 - 2,80,000* or more per month.
Ranjana Kumar is the first woman president of NABARD. She started her career in the banking sector as a Probationary Officer in Bank of India in 1966. She did her Bachelor’s from Koti Women’s College, Hyderabad in 1965 and Post-Graduation course in Public Administration from Osmania University.*
Bank Probationary Officer
NCS Code: NA | BFSI131. Complete 10+2 in the Commerce or Science stream (Physics, Chemistry and Mathematics)
2. Pursue Bachelor’s in Accountancy, Business, Economics, Finance, Mathematics, Business Economics or any related subject.
OR
Complete Bachelor’s degree followed by a Master's degree in the same or allied field
3. Take the Bank PO exam conducted by the IBPS/SBI/IBPS/ICICI Bank/Axis Bank/HDFC Bank/IDFC bank etc.
The course is offered by the Department of Commerce.
This list of B.Com institutes is indicative only
Government Institutes
1. University of Lucknow
2. University of Mumbai
3. Osmania University, Hyderabad
4. University of Allahabad Allahabad
5. Devi Ahilya Vishwavidyalaya, Indore
6. Bangalore University, Bangalore
7. Burdwan University, West Bengal
8. Maharaja Sayajirao University of Baroda, Vadodara
Private Institutes
(Please check if Institute is affiliated and accredited with UGC before applying)
1. J.D. Birla Institute, Kolkata
2. St. Xavier's College, Kolkata
3. Christ University, Bangalore
4. Chandigarh University
5. Birla Institute of Technology and Science, Rajasthan
6. Galgotias University, Noida
7. Vellore Institute of Technology, Vellore, Tamil Nadu
8. Nirma University, Ahmedabad
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online Courses
• NPTEL* Swayam: https://swayam.gov.in/explorer?searchText=commerce
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
The approx. course fee ranges between INR 1,00,000-3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Banks
Work Environment: It is a desk job. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Probationary Officer → Manager → Senior Manager → Chief Manager → Assistant General Manager → Deputy General Manager → General Manager → Executive Director → Chairman and Managing Director
The approx. salary of a Probationary Officer ranges between INR 52,000 - 2,80,000* or more per month.
Source: https://zeenews.india.com/companies/a-salary-hike-of-more-than-13-you-will-be-surprised-to-know-the-income-of-sbi-chairman-2471385.html
*These figures are indicative and subject to change
Experts from the field
Ranjana Kumar is the first woman president of NABARD. She started her career in the banking sector as a Probationary Officer in Bank of India in 1966. She did her Bachelor’s from Koti Women’s College, Hyderabad in 1965 and Post-Graduation course in Public Administration from Osmania University.*
Source: https://prabook.com/web/ranjana.kumar/1935429
*The above information is for training purposes only and will not be used for any commercial gains
bank PO exam, probationary officers, bank probationary officer