Many students prepare for the Chartered Accountant examination and many for the State Bank Of India Probationary Officers. All the students who are in their preparation mode think of the question that which is the better opportunity for them is this CA or SBI PO? To answer this question we are here with the new article which will answer many of the students who want to know the better opportunity for them.
To become a CA, a candidate must complete a series of training courses and exams administered by the Institute of Chartered Accountants of India at different levels (ICAI) which includes, foundation, intermediate and Final. After completing Class 12 a candidate must start appearing in the CA examinations, primarily sitting in a foundation test. Despite this, if a candidate wants a direct entry into an intermediate course, a candidate must be a Graduate/Post-Graduate in Commerce (with a minimum of 55%) or Other Graduates/Post-Graduates (with a minimum of 60%) from a recognized university (including Open University) Candidates who have passed the intermediate level examinations of the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICAI)
SBI PO: Overview
On the other hand, to become an SBI PO, a candidate must have completed its graduation from a recognized university. SBI PO is regarded as one of the most prestigious positions in the banking sector. And every year lakhs of candidates appear for the examination. For the same, recruitment is done based on the preliminary examination, mains examination followed by the interview round. Candidates who qualify for all the stages are eligible for recruitment.
Which is better, CA or SBI PO?
The comparison between the chartered accountant for the SBI probationary officer is not relevant. Both of them have their pros and cons. The pay received by SBI POs is the same, whereas all the CAs do not. Some CAs will make far more than any SBI PO will ever make, but many more will never make as much. The SBI PO is an occupation, whereas CA is a professional/technical qualification.
Many people who are CAs by qualification aren’t CAs by specialty. A lot of them work in banks, some in businesses, and a lot more just handle income tax, sales tax, and other tax-related work, which is probably more of a lawyer’s job than a CA’s. A large number work as financial analysts, which is not an accounting career. A lot of CAs work in the bank in specialist cadre too. They have a fixed career path, good emoluments, etc but they are not in general banking.
Lastly, in terms of reputation as far as society is concerned a Branch Manager or a Regional Manager will have much more recognition in society than most CAs, it is much more difficult for every CA to have the same reputation. Some may get the same reputation but not everyone.
We hope that this article will be useful for all our candidates. Keep Practicing with Adda247!!
SBI PO is considered to be one of the toughest bank exams in India conducted by SBI. SBI PO Exam Pattern: There are three stages to the SBI PO exam design.
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A: Yes, you can prepare for SBI PO exam without taking any coaching. However, you need to be consistent and serious about your studies. Y ou need to attempt mock tests, refer to the good study materials and solve the previous years' question papers.
It is important to spend a good amount of time practicing on a daily basis. There are a lot of ways in which you can practice your concepts. Solve the SBI PO Previous year papers, and solve various sample papers, so as to get acquainted with the paper pattern.
Revise the complete topics in Mathematics, General English, and Reasoning. Attempt the SBI PO mock tests regularly. Practice the SBI PO Previous year's papers. Go through the SBI PO Revision Strategy and ace the exam on the first attempt.
Ans. The starting SBI PO salary is Rs. 41,960/- (basic pay) which is followed by four increments. The pay scale of a Probationary Officer/ Management Trainee is 36000-1490/7-46430-1740/2-49910-1990/7-63840.
Graduation: while pursuing your bachelor's degree, you will study subjects like financial systems, taxation, accountancy, business management, cost accounting, company law and many more. Post-graduation: it is advisable to pursue an MBA in finance or banking to become a bank manager.
The difficulty level of the SBI PO exam is high. Candidates wanting to clear the exam have to be extremely thorough in their knowledge of each of the sections. Considering the competition, qualifying requires that candidates practice and properly prepare for the difficulty of the exam.
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Although the SBI PO exam has no specific subject area that is considered the most difficult, many people find the Data Analysis & Interpretation, English Language and Reasoning sections to be the most challenging.
Among the toughest bank exam in India, comes the RBI Grade B and SBI PO. To qualify for the most toughest bank exam in India, candidates must have to prepare rigorously along with a strategic approach.
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