Which choice is better to prepare RBI Grade B or UPSC as I am 25 and left a private job?
Introduction
The decision between preparing for the Reserve Bank of India (RBI) Grade B Examination and the Union Public Service Commission (UPSC) Civil Services Examination is a significant one, especially when considering the options after leaving a private job. Both are highly competitive exams, with notoriously low pass rates. While the UPSC Civil Services Examination (CSE) has a reported pass rate of 0.15%, the RBI Grade B Exam is also considered exceptionally challenging. The SBI Probationary Officer's Exam, on the other hand, is perceived to be slightly easier.
Assessing Your Background
Before delving into the specifics of preparing for these exams, it's important to consider your academic credentials, your past achievements, and the reasons for leaving your private job. A strong academic record and a well-prepared plan are crucial. Additionally, the reasons for leaving your job matter, whether it was due to personal career aspirations or other factors. Knowing these details helps in making an informed decision.
Considerations for PASSENGERS
Many students in India prepare for the UPSC CSE for a prolonged period, often wasting five years or more on this pursuit. Even then, the placement outcomes can be less than satisfactory. If your academic background is strong and you had a commendable performance during your studies, I would recommend first securing a job through the SBI and ICICI probationary officer exams. This strategy allows you to work while preparing for these competitive exams, potentially increasing your chances of success. Additionally, you can explore preparing for the position of Assistant Administrative Officer in public sector insurance companies.
The key is to not overburden yourself. Taking on too much can lead to frustration and disappointment. Therefore, carefully evaluate your options and proceed with a plan that matches your capabilities and aspirations.
Advice from an UPSC Aspirant
The advice from someone who has experience with both the UPSC and RBI Grade B exams is to focus on your strengths and weaknesses. If you are well-prepared for the descriptive part and multiple-choice questions (MCQs) and have a good understanding of current affairs, you are already ahead of the game. The RBI Grade B Exam consists of two phases: phase 1, which is purely MCQ, and phase 2, which is descriptive in nature. Phase 1 needs more practice to ensure accuracy and the number of attempts are maximized. Phase 2 is more challenging with only around 3000 candidates selected out of over 200,000 applicants.
The optional subject in the RBI Grade B exam is Finance and Management, which is generally easier compared to more complex subjects. Practice is key to success in phase 1, as it is the more critical part of the exam. Once you excel in phase 1, you progress to phase 2, where you face the interview round. This year, the optional subject is Finance and Management, and the questions are basic in nature, making preparation easier.
Job Prospects
Both the RBI Grade B and UPSC CSE offer exciting career opportunities, though they have different posting prospects. With the UPSC CSE, you can be posted anywhere depending on your specific service. In contrast, with the RBI Grade B, you are typically posted to state capitals where the branches are located. Therefore, consider your career goals and the areas where you see yourself thriving.
Ultimately, the decision should align with your personal goals and aspirations. Ensure you assess your strengths, weaknesses, and the timeline for your preparation. With the right planning and dedication, you can succeed in either of these competitive exams.