Baroda - Manipal School of Banking has been set up jointly by Bank of Baroda and Manipal group. The school has been set up to first train prospective candidates in Banking and Finance before their embarking on a Banking career with Bank of Baroda. The students are selected through a rigorous selection process and given a systematic training in various areas of Banking and management disciplines in order to make them ready Bankers by the time they finish the programme.
The thrust of the training is to impart functional knowledge on general management and specialized knowledge on Banking related topics and subjects. Participants are put through a rigorous on-campus curriculum spread over 9 months and 3 trimesters which emphasizes on application of knowledge and overall development of personality. Training at the school will be supplemented with practical training in Various Branches of Bank of Baroda through a focused 3 - month internship period.
Notifications for BMSB Selection Exercise-2015-16
We are looking for young, qualified, mobile and active minds who can be imparted with the necessary knowledge and skills required to be good all-round bankers through the 1 year Post Graduate Diploma in Banking and Finance course in Baroda Manipal School of Banking, Bangalore or in any other Institute in other part of the country, as decided by the Bank.
On successful completion of the course within the stipulated time period, the candidate would be offered appointment in the Bank as Probationary Officer in Junior Management Grade / Scale-I which is presently in the scale of Rs. 14500-600x7/18700-700x2/20100-800x7/25700 (due for revision). They will also be eligible for DA, HRA amp; CCA, as per rules in force from time to time. At present, the initial yearly emoluments (salary component only) of
Junior Management Grade/ Scale-I Officer, including DA, HRA, CCA are approximately Rs 3.86/- lakhs in a Metropolitan Centre.
Admission to the 1 year full-time post graduate diploma course in Banking and Finance from Manipal University or any other Institute in other part of the country, as decided by the bank comes with the assurance of a full-fledged Banking career with Bank of Baroda on successful completion of the course.
Schedule of Events
Start date for Online Registration
03.03.2015
Online Payment of Application Fees
03.03.2015 to 17.03.2015
Last date for Online Registration
17.03.2015
Download of Call letter for Examination
From 07.04.2015
Date of Examination (Tentative)
18.04.2015
STUDENT INTAKE (FOR THE SELECTION EXERCISE OF 2015-16)
1200 Students in various batches will be inducted in BMSB through this current selection exercise.
Age (As on 17.03.2015)
Minimum- 20 years
Maximum- 28 years
Number of Student intake - Category Wise
Unreserved 606
OBC 324
SC 180
ST 90
Total 1200
The Intake of student may vary depending upon future need of the Bank and availability of candidates under the respective category. The bank reserves the right to take more candidates, even beyond the 1200 numbers mentioned above, in the order of merit in different categories following the Reservation norms, as applicable, from the results of this selection exercise, as per need of the Bank.
ELIGIBILITY CRITERIA AND GENERAL INFORMATION
Qualification (As on 01.06.2015) - Degree (Graduation) with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification as such recognized by Central Government.
Students appearing in the final year of graduation may also apply but their final selection will only be subject to their being able to pass and produce their Graduation Certificate/Mark sheets with the minimum stipulated marks as on 01.06.2015.
HOW TO APPLY
Candidates can apply online only from 03.03.2015 to 17.03.2015 through the link in the careers page of the Banks website www.bankofbaroda.co.in and no other mode of application will be accepted.
Non-refundable Application fees/Intimation Charges (payable only through online mode):
For GEN amp; OBC
Rs.600.00 (application fees)
For SC/ST/PWD candidates
Rs.100.00 (intimation charges)
IMPORTANT DATES :-
Website Link Open (for submission of online applications)
03.03.2015- 17.03.2015
Date of Examination (Tentative)
18.04.2015
SELECTION PROCESS
Candidates shall be selected by BOB through a selection process consisting of an (open) online exam followed by Group Discussion AND Interview.
The selection process aims at getting applicants who are likely to succeed at various roles in the Bank. The endeavour is to select people who are bright, have good communication skills (both oral and written), are dedicated, can work effectively in teams, are passionate about their career goals and who display integrity and a positive attitude.
PROGRAMME FEES
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.
FINANCING / LOAN OPTIONS
Students can finance the course fees by availing an Education Loan which will be granted by Bank of Baroda at a highly concessional rate of interest of 8% p.a . Students can therefore obtain a high quality specialized course in Banking and Finance without any monetary burden on them and fully financed by the Bank.
The EMIs for the loan would start on completion of the course duration (i.e. one year from admission). There would be no recovery of EMIs or interest during the training period and the interest accrued during this period would be recovered along with the normal EMIs. The EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact in the monthly earnings of the PO.
All Queries are welcomed in the Comment Section
