Banking, Finance & Insurance

Department of Financial Studies , University of Delhi offers MBA in Financial Management . The entrance test required for admission is CAT . Usually the cutoff varies from 94–95 percentile depending upon the pool of students who apply for the institute.Apart from that institute also gives weightage to 10th and 12th marks (especially Maths) though the weightage is low. Exact distribution will be given in the admission notice. As far as your work experience is concerned , there is no direct weightage for work experience as of now but yes having work experience will definitely help you in your interviews.To be on a safe side it's better to have a percentile of more than 95% .

Yes, students who have completed their MBA in Finance from OPJU are eligible to apply for government jobs. There are many such jobs available in the public sector that require the knowledge and skills gained during an MBA in Finance programme.MBA graduates can seek out job opportunities in areas such as Finance, Auditing, Financial administration, Taxation, etc. The below table contains some of the prospective government jobs along with their average salaries:Job ProfileAverage SalaryBank Probationary Officer (PO)INR 5 LPA to INR 7 LPAIBPS POINR 3 LPA to INR 4 LPAIBPS ClerkINR 2 LPA to INR 3 LPARBI Assistant/Grade B Officer INR 6 LPA to INR 8 LPANote: The above-mentioned are industry-based average payouts. The actual salary may differ from student to student based on their skills and competency.

The Group Exercise carries 20 marks and 30 marks are allotted for the interview. Candidates qualifying for Group Exercises and Interview under the ‘OBC’ category will be required to submit an OBC certificate containing the ‘Non-Creamy Layer’ clause. Candidates should score minimum qualifying marks in this phase to get considered for final selection. The ratio of marks considered for mains and interview marks is 75:25. Some of the important questions for SBI PO interview are given below:Why have you applied for SBI PO?What are your strengths and weaknesses?What do you know about RBI? Tell some of its functions?How is the RBI Lender of last resort?Tell about fiscal policy?What is monetary policy?What do you mean by FDI?What is FII?What should be done to improve the economic growth of the nation?Tell about Cost- Push and Demand - Pull Inflation?What do you understand by the term Black Money?Tell about NITI Aayog and its functions?Discuss about Finance Commission and its functions?What is a VAT?How will you differentiate between direct and indirect taxes?What is the effect of business cycles on the economy?What percent of revenue is contributed for CSR by the MNCsWhat are MNCs?What do you understand by CSR?What is Banking Ombudsman Scheme?What is NEFT or RTGS?Where do you see yourself five years down the line?Are you in favor of demonetization?What is the impact of demonetization on the Indian Economy?What is CRR and SLR?What is the current CRR and SLR?What is Repo Rate and Reverse Repo rate?What is the current Repo Rate and Reverse Repo Rate?How can government stop cash flow in the economy?What is the post-dated cheque?Define GDP? What is the current GDP rate in the economy?What do you know about retail lending?What is sub-prime lending?Have you heard about SEZ’s? Tell something about it.Tell something about Public Finance?What does the government do to curb the revenue deficit?What is CTS?What is meant by priority sector?Do you have any idea about the financial inclusion?What are your views on the cashless economy?Who is the regulator of SEBI?Do you have any idea about the Stock Market? Share about it.What are the important macroeconomic indicators that influence stock market?What are the important macroeconomic indicators that influence stock market?What is the role of banks in strengthening the economy?What is Debit and Credit?What do you understand by SENSEX and NIFTY?What is the role of WTO in stimulating the Indian economy?Can you differentiate between cheque and draft?Do you handle pressure well?What is appreciation and depreciation of currency?What is Plastic currency?How has demonetization affected your household in particular?Define call money market?Explain the Bulls and Bears?Do you know different schemes launched by Modi Government?What are the implications of OROP?What are co- operative banks?What is Bank rate?What are your opinions on the role of technology in the banking sector?What do you understand by public expenditure?What is debt to GDP ratio of a country?On what basis do banks offer loans?What are mutual funds? Why are mutual funds better than stocks?Do you know the difference between shares and debentures?What is BSE and NSE?What do you know about Jan Dhan Yojna Scheme?What are commercial papers?Any idea about PayPal?Who is the founder of Pay tm? Do you use Pay tm? Can you tell some of its benefits?Name some of the PM Social Security Schemes?What is a balance sheet and a trial balance?What are the negotiable instruments?

The year-wise increment offered to IBPS Clerk is given below:Initial Basic Pay: INR 19,900 with a yearly increment of INR 655 for three years.Basic Pay After 3 Years: INR 20,900 with a yearly increment of INR 815 for the next three years.Basic Pay After the Next 3 Years: INR 24,590 with a yearly increment of INR 980 for the next four years.Basic Pay After the Next 4 Years: INR 30,550 with a yearly increment of INR 1,145 for the next 7 years.Basic Pay After Next 7 Years: INR 42,600 with a yearly increment of INR 2,120 for the next one year.Basic Pay After Next 1 Year: INR 45,930 with a yearly increment of INR 1,310 for the next one year.Basic Pay After Next Year: INR 47,920 (Maximum Basic Pay).