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Canara Bank Specialist Officer: Manager Finance 2020

Published on Thursday, January 21, 2021
Dear Readers,
Here we are sharing the Important information about the latest notification about the Exam date, Number of vacancies, Exam pattern and Syllabus for Canara Bank Specialist Officer: Manager-Finance according to the latest pattern. This syllabus isn't official, we have framed this syllabus based on the latest exam trends and previous year's papers.

 

Important Dates

Events

Date

Payment of Application Fee / Intimation Charges

From 25.11.2020 to 15.12.2020

[both days inclusive]

Opening Date and closing date for on-line [both days inclusive] registration in Website

Online Examination

14 February 2021

Vacancy Details

Sr.No.

Post

Scale

Age as on 01.10.2020 (incl.) (Years) min - max

Total number of posts

1.

Manager – Finance

MMGS-II

22-35

21

Eligibility Criteria

All the eligibility [age, educational qualification, post qualification work experience etc.] shall be computed as on 01.10.2020.

Educational Qualification

  • Two years of full-time MBA (Finance)/ Two years full-time MMS (Finance)/ Two years full-time Post-Graduate Diploma with specialization in Finance with a minimum 60% marks or Equivalent Grade or First Class

Post Qualification Work Experience

  • Candidates should have 2 years of work experience in a Bank/ NBFC/ FIs/ Credit Rating Agency.
  • Post qualification experience in high-value credit, appraisal/ assessment of credit proposals of medium/ large corporates will be given preference.
  • Skills in Analysis of Balance Sheet/ Appraisal/ Assessment of Credit proposal, Credit monitoring is preferable.

Canara Bank SO Finance Manager Course by Ramandeep Singh

Video class + Test series + Quizzes
Take a Demo
+91-9067201000

Application fee & Intimation charges (Non-Refundable):

Category

Amount of Fees / Intimation Charges

SC/ST/PWBD

Rs. 100+ GST [Intimation Charges only]

All Others

Rs.600 + GST

Probation & Bond:

Scale

Probation Period (Active service)

Bond

Amount

Minimum Service Period

JMGS-I

Two Years

Rs. 1 Lakh + GST

2 Years

MMGS-II

One Year

Rs. 1 Lakh + GST

3 Years

MMGS-III

One Year

Rs. 1 Lakh + GST

3 Years

Exam Pattern

Subject

No. of Questions

Marks

Time

Professional Knowledge in the area of specialization

50

100

2 hours

Test of English

50

50

Latest Developments in Banking Industry

50

50

Total (Total Weighted Score)

150

200

  • There will be negative marks for wrong answers in the Objective Test.
  • Bank will decide the minimum cut-off marks for each subject as well as Total Score. Each candidate will be required to obtain a minimum score in each subject and also a minimum total score as decided by Bank to be considered for Group Discussion and Interview.
  • Bank reserves the right to modify the structure of the examination which will be intimated through Bank’s website.
  • Candidates reporting late i.e. after the reporting time specified on the Call Letter for Examination will not be permitted to take the examination.
  • Depending on the number of vacancies, such of those candidates who rank sufficiently high in the order of merit in the online test as per the cut-off marks decided by the Bank and number of candidates required for Group Discussion and/or Interview in certain ratio decided by the Bank, will only be called for Group Discussion and/or interview.

Penalty for Wrong Answers

There will be a penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as Page 30 of 41 penalties to arrive at corrected score. If a question is left blank, i.e. no answer is given by the candidate; there will be no penalty for that question.

Syllabus for Canara Bank Specialist Officer: Manager-Finance Exam 2020

Professional Knowledge 

1. Working Capital Management
  • Introduction
  • Need for working capital
  • Cash cycle
  • Management strategies for working capital
2. Ratio analysis
  • Liquidity ratio
  • Turnover ratio
  • Profitability ratio
  • Solvency ratio
3. Time value of money
  • The Future Value of a Single Cash Flow
  • The Future Value of a Series of Cash Flows
  • The Present Value of a Single Cash Flow
  • The Present Value of a Series of Cash Flows
4. Capital budgeting
  • Discounted Payback Period
  • Payback Period
  • Internal Rate of Return (IRR)
  • Average Accounting Rate of Return (ARR)
  • Net Present Value
  • Profitability Index (PI)
  • Investment Decision Criteria
5. RBI and the Foreign Exchange Market
  • Role of Reserve Bank of India (RBI) in forex management.
  • Latest RBI circulars
6. Risk Management
  • Concept of Risk
  • Risk Management Process
  • Determination of Business Objectives
  • Identification of Risks
  • Measurement of Risk
  • Types of risks
  • Derivatives: Forwards, Futures, Swaps and Options
  • Basics of Derivative Pricing and Valuation
  • Forwards and Futures Valuation
  • Forward Rate Agreements and Swap Valuation
7. Short-term Financing
  • Working Capital Concepts
  • Working Capital Issues
  • Working Capital Cycle
  • Aggressive and Conservative Approach
  • Sources of Short-Term Financing
8. Long-Term Financing
  • Considerations of Issuers and Investors
  • Sources of Long-term Finance
  • Merits and Demerits of:
  • Retained Earnings
  • Equity Capital
  • Preference Capital
  • Debenture Capital
  • Term Loans
9. Money Markets
  • Money Market
  • Money Market Instruments
  • Coupon Bearing Instruments
  • Discount Instruments
  • Risks involved in Money Market
10. Capital Markets
  • Capital Markets
  • Process, types of securities and parties involved
  • Types of bonds
  • Bond valuations
  • Debt and Equity
11. Portfolio Management
  • Portfolio Risk and Return
  • Capital Allocation
  • Optimal Portfolio
  • Modern Portfolio Theory
  • Performance Measurement
12. Acts Related to Banking 
  • SARFAESI act (Most important)
  • Banking regulations act
  • Limited liability act
  • Negotiable instruments act
  • Companies Act, 2013
  • Indian Contract Act, 1872
  • Limited Liability Partnership Act, 2008
  • Reserve Bank of India Act, 1934
  • Consumer Protection Act, 1986
  • Banking Ombudsman Scheme, 2006
13. RBI Circulars
  • In-depth analysis if last 9 months RBI circulars
  • Most important – Priority sector lending, Urban co-operative banks, COVID measures, MSME

English Language

  • Reading Comprehensions
  • Para Jumbles
  • Para Completion
  • Vocabulary
  • Error Spotting
  • Sentence Improvement
  • Cloze test
  • Rearrangement of sentences

Latest Developments in Banking Industry

  • RBI’s circulars (Last one year)
  • Latest Updates in Financial & Capital Markets (Last 6 months)
  • Banking Reforms 
  • Regulatory Bodies in India- NABARD, SEBI etc.
  • Banking products(LOC, Loans etc.)
  • International Banking
  • Financial Terms
  • Banking Terms
  • Latest Acts related to Banking
  • Priority Sector Lending
  • NPA - latest news
  • SARFAESI Act
  • RBI Monetary Policy
  • Capital & Money Market Instrument
  • Commercial Banks, NBFCs, HFC - Latest news
  • Mergers and Acquisitions in Banking Companies
  • Credit Rating and Agencies
  • Payment Options- NEFT, RTGS, Bharat Bill payment etc.
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About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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