Is it good to join as an IDBI Executive?

IDBI Executive Exam 2021: The IDBI executive often stirs up controversy regarding the authenticity of the job opportunity. That it’s a contractual job and not a permanent one. So, let’s dig a little deeper to conclude the truth.  

Well, every job comes up with both advantages and disadvantages. But the way many people look at IDBI Executive is not fair. They have a preconceived notion of the contractual job being a risky one. Many even bring the dispute of a government vs private job. In all honesty, you will have to look at it from a much more comprehensive perspective in order to make the right choice. So, let’s weigh both the pros and cons of the IDBI Executive job.  

Exam Pattern of IDBI Executive 2021

No.	Name of Tests	No. of Qs	Maximum Marks	Duration
1	Test of Reasoning	50	50
2	Test of Working English Language	50	50	Composite time of 90 minutes
3	Test of Quantitative Aptitude	50	50
	Total	150	150

Pros and Cons of Exam Pattern

The exam pattern is exactly the same for SBI Clerk Prelims, SBI PO prelims, and IBPS PO as well. That’s good news because a familiar exam pattern eases off the pressure of specific preparation. The only real challenge would be to prepare for the English Language section but if you have been preparing for SBI Clerk mains or PO then you don’t have much to worry about.  

The only disadvantage would be the total time given and the number of questions asked. Moreover, the average time given per question is the same. So, from the exam pattern’s perspective, there is hardly anything to be worried about.  

Pros and Cons of Syllabus

IDBI Executive 2021 Exam Syllabus

Reasoning Ability Syllabus   

Reasoning Ability Syllabus Topics
Analogy	Series completion
Theme detection	Coding decoding
Inequality	Syllogism
Puzzles	Logical reasoning
Data Sufficiency	Input-Output
Seating Arrangement	Blood relations
Alphanumeric series	Vertical reasoning
Order and ranking	Statement – conclusions

English Language Syllabus   

English Language Syllabus Topics
Reading comprehension	Para jumbles
Error detection	Cloze test
Active/passive voice	Sentence improvement
Sentence formation	Work – adverb
Tenses	Synonyms and antonyms
Idioms and phrases	Fill in the blanks

Quantitative Aptitude Syllabus   

Quantitative Aptitude Syllabus Topics
Simplification approximation	Profit and loss
Number series	Data interpretation
Average	Data sufficiency
Quadratic equations	Simple and compound interest
Problems on age	Time and work
Probability	Time and distance
Station proportion	Relationship between numbers
Decimals and fractions	Computation of whole numbers
Discount and percentage	Mensuration
Fundamental and medical operations

It’s almost the same. Hardly any new topics can surprise any banking aspirant. It wins the argument here as well.  

What about the selection procedure?

You will be eligible for an assistant manager job position in 3 years if you crack this exam.  And remember neither did you appear for an interview or mains. If you are somebody who is in the age group of 21-25 then IDBI Bank could be the best platform. 

Yes, you could say that SBI PO’s probationary period is of 2 years. In that sense, SBI PO has leverage over IDBI Executive. But would it make sense for you to deny a shot at a similar opportunity that consists of an added year of the probationary period?  

It’s a question you need to ask yourself.  

If you clear both SBI PO and IDBI Executive then go to SBI if you want. But just in case if you only qualify for Executive then the 3-year period is the same as a 2-year period because you will have to fight for SBI PO once again.  

Contractual Job Angle Explained

• First of all, you can’t be fired just because you are on contractual basis. The bank has invested in you for a complete one year.
• The initial contact is for a single year.
• Joining as an Executive is a mere procedure for an entry level job.
• After one-year, your Performance Appraisal Report is made by your senior. Post that you will be offered the contract for second year.
• Same procedure for 3^rd year as well.
• After 3 years you will be promoted as an Assistant Manager. No company will let go an employee at the very last moment after three years. It is more likely you leave the job for a better opportunity like RBI, SEBI, etc.

Is it good to join as an IDBI Executive?

So, is IDBI Executive worth it? Well, in such a competitive job market you should grab any opportunity which comes your way. You can always climb up the ladder with time. What’s the point in carrying a regret later!? If you will find yourself in a situation where years have passed by and you still don’t have a job would be regretful. Chasing a dream job is fine but you can always chase it with a job in hand which gives you and your family financial security.

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Still, have some doubts about what we discussed in this blog? Then, leave your queries in the comment section below. We will surely respond to them.