What is IBPS CWE (Common Written Exam)? This blog article introduces you to IBPS CWE along with interresting previous exam statistics..
IBPS (Institute of Banking Personnel Selection) has already started the recruitment campaign for the year 2015-2016. While I am writing specific articles for the particular version of the Common Written Exam (CWE), this article is being written to introduce you to IBPS CWE, so that you can have a birds eye view about the exam.Introduction to IBPS CWE:
IBPS is the acronym for Institute of Banking Personnel Selection, which is the the apex body for recruitment, promotion and placement services in Indian public sector undertaking (PSU) banks. Founded in 1975 as a unit of National Institute of Bank Management (NIBM), it became an autonomous body in 1984. To know more about IBPS, visit this About Us page.
Prior to 2011, each Indian banks was conducting individual written exams for recruitment of PO & MT. These proved to be expensive affair for each bank both monetarily as well as for time. Therefore IBPS was entrusted with the job for organizing a Common Written Exam (CWE). Score of this CWE was used by the Indian PSU banks to shortlist the candidate for further selection process (i.e GD/Interview etc.).
Recruitment process through IBPS CWE:
You can below a comparison of recruitment process in Indian PSU banks before IBPS CWE was held and after IBPS CWE came in the illustration below:
Bank Selection process before IBPS CWE came:
Bank Selection process after IBPS CWE:
As you can find above, after the CWE is held by IBPS, the result is declared and candidates are shortlisted for IBPS Common Interview. After the Interview, based on combined scores of CWE + Interview, merit list is prepared.
IBPS than provides you the list of vacancy for each bank and you are now asked to give your preference for banks (i.e. in which you would like to work for). Based on the vacancy available and your preference for banks, IBPS provides you the offer letter.
Four versions of IBPS CWE:
As of now, there are four versions of Common Written Exam (CWE) of IBPS, conducted for specific recruitment targets:
1.0 IBPS CWE PO/MT: For selection of Probationary Officers (PO) & Management Trainees (MT).
2.0 IBPS CWE Specialist Officers: For selection of Specialist Officers (i.e. IT/ Agriculture/ Law/ HR/ Marketing & Rajbhasha).
3.0 IBPS CWE Clerk: For selection of bank Clerk/Assistants.
4.0 IBPS CWE RRB: For selection of PO/Clerk/Specialist Officers for Regional Rural Banks (RRB), also called as Gramin Banks.
IBPS CWE Clerk and IBPS CWE PO is being held since from 2011. While IBPS CWE for Specialist Officers and IBPS CWE RRB was held from 2012.
List of Banks participating in IBPS CWE:
Which are the Indian banks in which you can get job after appearing in IBPS CWE? You can find the list of these 21 banks as given below.
1). Allahabad Bank
2). Andhra Bank
3). Bank of Baroda
4). Bank of India
5). Bank of Maharashtra
6). Canara Bank
7). Central Bank of India
8). Corporation Bank
9). Dena Bank
10). Indian Bank
11). Indian Overseas Bank
12). Oriental Bank of Commerce
13). Punjab National Bank
14). Punjab & Sind Bank
15). Syndicate Bank
16). Union Bank of India
17). United Bank of India
18). UCO Bank
19). Vijaya Bank
20). IDBI Bank.
21). ECGC.
Out of above, ECGC (Export Credit Guarantee Corporation) of India Ltd is not a PSU bank. So 22 PSU banks are participating in IBPS CWE 2014 - the only exception is SBI, which continues to hold its own written recruitment exam.
On the other hand, there are 82 Regional Rural Banks (RRBs) in which you can get a job after clearing IBPS CWE RRB. You can click here to download the list of Regional Rural Banks.
How many jobs through IBPS CWE:
It is difficult to say for how many vacancies IBPS CWE 2014 is being held - as the number of vacancies are declared by the banks after the CWE is held. However, you can have a very good idea about for how many vacancies IBPS CWE is held from last years vacancies of PO & Clerk as advertised by the banks:
Above figures have been given just to give you some idea. You can find exactly how many vacancies would be there in IBPS CWE 2014, only after the exam is over and vacancy positions are declared by the banks.
So that is all for now - as said, this blog post just introduces you to IBPS CWE. I make individual blog posts for each exam separately, along with how to prepare for the same. So please keep visiting me to find more exam-specific information..
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