Export-Import Bank of India (Management Trainees): Last Date 7th Oct 2024
Export-Import Bank of India: Recruitment Drive for Management Trainees (2024-25)
The Export-Import Bank of India (Exim Bank) is inviting applications for its Management Trainee (MT) recruitment drive for the year 2024-2025. As one of India’s premier financial institutions facilitating and promoting international trade, Exim Bank provides an exciting opportunity for aspiring professionals to embark on a dynamic career in banking operations.
Why Choose Exim Bank?
Exim Bank plays a pivotal role in promoting India’s trade across the world, making it a great place for finance professionals to contribute to national and global business growth. The management trainee role offers fresh graduates and postgraduates a fantastic start, with exposure to international trade finance, risk management, and cutting-edge banking operations.
Key Recruitment Details
The recruitment process for Management Trainees will be conducted entirely online, with a tentative written examination in October 2024. Here’s a comprehensive guide to eligibility, application deadlines, and the selection process.
| Details | Information |
|---|---|
| Number of Vacancies | 50 (General – 22, SC – 7, ST – 3, OBC – 13, EWS – 5, PwBD – 2) |
| Online Application Start Date | September 18, 2024 |
| Last Date for Applications | October 07, 2024 |
| Tentative Written Exam Date | October 2024 |
| Training Period | 1 year with ₹65,000 stipend |
| Job Position after Training | Deputy Manager (JM-I) |
| Deputy Manager Pay Scale | ₹48,480 – ₹85,920 (Indian Banks’ Association 12th Bipartite Settlement) |
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Eligibility Criteria
To apply for the Management Trainee (MT) position, candidates need to meet the following qualifications:
| Criteria | Details |
|---|---|
| Educational Qualification | – Graduation: Minimum 60% aggregate in any discipline (3-year full-time course). |
| – Post-Graduation: MBA/PGDBA/PGDBM/MMS (Finance, International Business, Foreign Trade) or Chartered Accountant (CA). Minimum 60% aggregate. | |
| Age Limit | – Minimum age: 21 years as of August 01, 2024. |
| – Maximum age: 28 years (age relaxations for SC/ST, OBC, PwBD as per Government of India rules). | |
| Skills | Candidates should possess strong communication skills and be proficient in computer usage. |
Note: Candidates appearing for their final examinations in 2025 are also eligible, provided they meet the qualification criteria by June 01, 2025.
Application Process
The entire application process is online. Candidates are required to submit their applications via Exim Bank’s official website from September 18, 2024 to October 07, 2024. Below is the breakdown of the process:
| Steps | Details |
|---|---|
| Application Fee | ₹600 for General/OBC, ₹100 for SC/ST/PwBD/EWS/Female candidates |
| How to Apply | Online only (link available on Exim Bank’s careers section) |
| Documents Needed | Scanned photograph, signature, thumb impression, handwritten declaration (details given in the official ad) |
| Application Link | Exim Bank Career Page |
Selection Process
The selection process involves two stages:
- Written Examination (70% weightage):
- Subject: Professional knowledge in financial operations, with subjective questions on financial statements and related topics.
- Total Marks: 100 (Compulsory and elective questions)
- Personal Interview (30% weightage):
- Candidates who clear the written test will be called for a personal interview.
Final selection is based on the combined performance in the written examination and interview.
| Stage | Details |
|---|---|
| Written Exam | Financial statement analysis and related subjects (70% weightage) |
| Personal Interview | Based on overall performance in written examination (30% weightage) |
| Final Selection | Cumulative score of written test and interview determines the final list of selected candidates |
Important Dates to Remember
| Event | Date |
|---|---|
| Start of Online Applications | September 18, 2024 |
| Last Date for Applications | October 07, 2024 |
| Tentative Written Exam Date | October 2024 |
Benefits of Working at Exim Bank
Upon completing one year of training, management trainees will be absorbed as Deputy Managers (JM-I) and will enjoy various perks and benefits, including:
- Competitive pay scale: ₹48,480 – ₹85,920
- Housing and vehicle loans, children’s education assistance, and other benefits
- Opportunities for international postings
- Robust career development opportunities in international trade finance
Conclusion
This recruitment drive offers a stellar opportunity for finance professionals to build a rewarding career with a prestigious institution. If you’re passionate about international trade finance and meet the eligibility criteria, don’t miss the chance to apply. Stay updated with the Exim Bank recruitment page for further details on the examination and interview dates.
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