Common Written Examination (CWE)
IBPS CWE is an objective type exam with multiple options provided (singly correct). Generally it consists of 200 questions with maximum 200 marks. The duration of the exam is two hours. There is also penalty of 0.25 marks for the wrong answers. The syllabus and pattern for CWE keeps on changing. Initially, CWEs were organized in traditional way using pen & paper but from 2012 IBPS has moved to online examination mode. To know about IBPS online examination please check "FAQs about online IBPS exam"
After the CWE, results are published online at IBPS website. All aspirants can check their status once results are out. IBPS applies a cut off method to determine the final score known as Total Weighted Standardized Scores (TWSS). Each candidate will have to secure a minimum standard score in each of the sections and also on the TWSS. The cut-off points to qualify in each of the sections will be decided based on the average. The CWE successful candidates can wait till the dates of Common Interviews are announced.
From 2012, IBPS conducts common interview for all CWE successful candidates at various locations across the country. This eliminates the burden of appearing in separate interviews for different public sector banks. IBPS will prepare a final merit list after the common interviews which will be used by different public sector banks to directly recruit the aspirants after validity of their score card. This also means that IBPS now reserves the complete control over recruiting and placing the aspirants in almost all public sector banks in India.
Past performance of aspirants in IBPS
According to IBPS official website, In 2010-11 alone, IBPS successfully screened over 10 million candidates for filling of approximately 79,236 vacancies for its client organizations. This gives an idea about percentage of successful candidates (0.79%). The pass percentage alone in CWE is around 4-5% in last few years. Aim & Achieve has been able to produce remarkable results from the starting. Aim & Achieve pass percentage for written examination is around 45% from last three CWEs.
Way to calculate Total Weighted Standardized Scores (TWSS)
- The corrected scores obtained by each of the candidates in different sessions (if held) will first be normalized using equi-percentile method.
- Normalized scores may subsequently be standardized by linear conversion method.
- If the standard score obtained is in fraction, the score will be rounded off.
- Total Weighted Score=Standard Scores obtained in (Reasoning + Quantitative Aptitude + General Awareness + Computer Knowledge + ½ English Language + ½ Descriptive English(if Any))