Here is Why SBI PO after Engineering

Due to the shortage of engineering jobs in the country, many engineers today are shifting to the banking sector for better career growth, and rightly so. The banking industry offers the most sought-after career opportunities for aspiring candidates. The career in this sector is growth-oriented, respectable, and secure. That is a major reason why numerous candidates from various streams of education apply for the banking entrance exams every year.

Different eligibility criteria are set for various posts of bank exams. For the position of Probationary Officer (PO) in the State Bank of India (SBI), the minimum educational qualification required is a Graduate degree from a recognized university/institution. If you hold a degree in Engineering, you too should consider appearing for the SBI PO exam. Here are a good few reasons why you should choose to go for SBI PO after Engineering-

Why SBI PO after Engineering?

1. Job security

As you may know, the current scenario of employment in private firms and corporate offices in India is extremely dicey. With the changes in the global economy, inflation/deflation, a falling GDP, and so on, an economic crisis in the form of depression or recession is most likely. During this phase, many top-notch multinational companies are unable to sustain their position in the market and are forced to sack employees in bulk. This is the worst nightmare of an employee.

Govt. jobs ensure security until retirement, once you are appointed. This means, as an SBI PO, you do not need to worry about being terminated from your workplace unless you are involved in some kind of forgery or foul play. You can rest assured that you will receive a certain amount every month in the form of pension even after your retirement. Thus, you will have your future secured.

2. Salary structure

While private sector jobs pay a decent salary with annual increments, there is no denying the fact that, the company does not bear your transportation cost or house rent. Well, with a banking job in SBI, this is not the case.

With the inception of the 7^th Pay Commission, today government jobs salary is at par with that of MNCs. The current annual salary of an SBI PO stands between Rs.8 Lakhs and Rs.13 Lakhs. Additionally, SBI offers several benefits in the form of Govt. allowances, such as House Rent Allowance, Dearness Allowance, Leave Travel Concession, Transportation Allowance etc. to the employees.

3. Work culture and schedule

The biggest disadvantage of working in a private firm or MNC is that you are needed to work for long hours. In addition, you may have to work in shifts (night/day). There is hardly any scope for holidays/leaves. You may even be expected to work during the festive season. This can be extremely tiring and frustrating after a certain point in your life.

The working hours in the Govt. sector are fixed and more relaxed. As an SBI PO, you will be working 8 hours a day. Usually, it is only 5 days of work in a week. Sometimes, depending on the work pressure, the employee may have to work on Saturdays. Sundays are a fixed off. Additionally, you will be entitled to receive public or national holidays, as deemed by the Govt. of India.

4. The scope of career growth

The scope of growth in a private firm is limited and the process is slow. This may come as a shock to many engineers, but it is true. Usually, employees require years of expertise and experience to get the promotion.

Govt. bank jobs provide plenty of opportunities for growth. SBI holds internal exams, frequent promotions to help Probationary Officers escalate to higher positions. The appraisals are timely and fair. You can expect to go up the hierarchy to the position of an Assistant Bank Manager, an Assistant General Manager, and eventually the General Manager of SBI in 15-20 years.

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Conclusion

Therefore, if you are looking for a stable job with high pay scale, comfortable working hours and Govt. benefits, then you should definitely sit for the SBI PO entrance exam. SBI PO vacancies are announced every year so make sure you keep a check on the SBI official website. Candidates with a background in Engineering are highly eligible for the post of SBI Probationary Officer. With good analytical, communication, and mathematical skills, you should be able to crack the entrance exam. Your leadership quality will prove beneficial in the Personal Interview round as well. However, competitive exam preparation is crucial to cracking SBI PO exam.