How to Prepare for the RailTel Assistant Manager Exam 2023? A Comprehensive Guide Including Tips & Tricks

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The RailTel Assistant Manager (Finance) recruitment drive is a gateway to a promising career in the dynamic world of finance. It marks a crucial step in your journey toward becoming a finance professional with RailTel, a prominent player in India’s telecommunications and information technology services sector.  The RailTel Assistant Manager (Finance) Exam is an opportunity to showcase your financial acumen and secure your path to a rewarding career. As RailTel continues to expand its financial operations, the demand for skilled finance experts is rising. Successfully cracking this exam can open doors to a spectrum of financial roles within the organization, giving you a chance to contribute to the company’s growth and success.

Your performance in the RailTel Assistant Manager Exam is key to unlocking numerous career opportunities within the financial realm of RailTel. In this comprehensive blog, we will guide you through the essential steps to prepare for the RailTel AM Finance Exam in 2023. Our aim is to equip you with the knowledge and strategies necessary to excel in this exam. We will cover various topics, including creating an effective study plan, choosing the right study materials, time management, subject-specific preparation tactics, mock tests, stress management, and expert advice. The insights and tips provided here will help you navigate your journey toward success in the world of finance with confidence.

So, if you’re eager to embark on a rewarding career in finance and aspire to ace the RailTel AM Finance Exam, you’ve come to the right place. Your journey toward success begins now with ixambee’s online course for the RailTel Assistant Manager Exam.

In this blog, we will discuss some important details regarding the RailTel Assistant Manager (Finance) Exam 2023. Furthermore, we will also provide you with some helpful tips and tricks to ace the RailTel AM Exam. So, make sure that you read this article thoroughly.

RailTel Assistant Manager Eligibility Criteria 2023

The eligibility criteria for RailTel Assistant Manager Recruitment typically require candidates to hold a Bachelor’s degree in a relevant field from a recognized institution. RailTel is looking to fill the positions for both the Technical and Finance sectors, and the age limit varies for the specified job posting. Age relaxation can apply to candidates from reserved categories. Some positions may demand prior work experience, and candidates should be Indian citizens. The selection process involves written exam and interviews. Look at the table below for a detailed idea of the eligibility criteria for the position.

RailTel Assistant Manager Exam Pattern 2023

The RailTel Exam for 2023 is a single-level examination that comprises a total of 150 questions. These questions are divided into two categories: 100 of them are Objective Type Questions (MCQs) designed to test your knowledge, and the remaining 50 questions are Quantitative Reasoning and English (QRE) type questions. Candidates will have a time limit of 120 minutes to complete the entire examination. An essential point is that there will be no negative marking for incorrect answers. The overall Question Paper is worth a total of 150 marks. Additionally, shortlisted candidates who perform well in the written test will proceed to the Interview round, which carries a weightage of 50 marks. This comprehensive format provides an overview of what candidates can expect in the RailTel Exam for 2023.

Exam TypeTotal QuestionsQuestion TypeDurationTotal MarksInterview Round
Single Level150100 Objective Type (MCQ) and 50 QRE120 mins150Yes, 50 marks

Syllabus for the RailTel Assistant Manager Exam 2023

The syllabus for the RailTel Assistant Manager Exam in 2023 is subject to change, and the most accurate and up-to-date information regarding the syllabus will be provided in the official job notification or on the RailTel website. Typically, the syllabus for Assistant Manager exams covers a range of subjects, including General Knowledge, Quantitative Aptitude, Reasoning Ability, Technical Knowledge specific to the job role, and English Language skills. 

These areas encompass current affairs, mathematics, logical reasoning, technical expertise, and language proficiency. Candidates should refer to the official notification for precise details on the syllabus, which can vary based on the position and the specific recruitment notification. The latest information can be found on the official RailTel website. You can take a look at the table given below for an overview of the syllabus. 

Syllabus AreaDescription
CostingMethods of costing, Basics of Cost control and analysisOverview of Costing, Section Test Costing
Quantitative AptitudeMathematical concepts, numerical calculations, and problem-solving.
Reasoning AbilityLogical reasoning, analytical abilities, and problem-solving skills.
Financial KnowledgeFinancial Statement and Ratio Analysis, Financial MarketsRisk, and  Working Capital Management. Fundamentals of Investment and Capital Budgeting, Cost of Capital and Business Valuations
Commerce and AccountsFinancial Statement Preparation & AnalysisAccounting Standards, Taxation Related Auditing
English LanguageGrammar, vocabulary, comprehension, and writing skills.

Strategies for Preparing for RailTel Assistant Manager Exam 2023

Now that you have an overview of the exam structure and what to expect for your RailTel Assistant Manager Exam, let’s take a look at some of our tried and tested preparation techniques to help you out.

  • Analyze the Exam Structure: You should begin your preparation for the exam by thoroughly comprehending the exam pattern. This also includes the number of questions, marking scheme, and time constraints you may  face for the exam. This comprehensive analysis will help you plan your preparation strategy effectively. It will also help you allocate time for different sections based on your strengths and weaknesses.
  • Review the Official Syllabus: Once you have a detailed understanding of the exam pattern, take a look at the syllabus you need to be aware of. Start off by carefully going through the official syllabus provided in the job notification. Ensure that your study materials and resources align with the prescribed topics. This will help you avoid wasting time on irrelevant subjects.
  • Create a Study Schedule: This is one of the most important aspects of your exam preparation. Develop a structured study schedule that allocates sufficient time for each subject. Consistency is key, so establish a routine that suits your learning style and allows for breaks to maintain focus. Stressing and overworking will have an adverse effect on your preparation. So, make sure to have a balanced schedule. 
  • Gather Study Materials: Collect high-quality study materials such as textbooks, online courses, and previous years’ question papers. If self-study does not appear to help you out, you can sign up for ixamBee’s RailTel Assistant Manager Finance online course. Using these resources will help give you a detailed understanding of the topics and provide multiple perspectives on the subjects.
  • Focus on Financial Concepts: Given the role’s nature, concentrate on financial concepts, including accounting, budgeting, financial management, and financial analysis. Build a strong foundation in these areas by seeking clarification on any doubts. You can also consult experts related to this field for a detailed understanding of financial theories that you do not seem to understand or have confusions with. 
  • Practice Problem Solving: Constant practice is the key to being well-prepared for the RailTel Assistant Manager Exam. This is true, especially for the sections that include reasoning, aptitude, and numbers. If you practice the  numerical problems related to financial calculations, ratio analysis, and financial decision-making regularly, it will help you while appearing for the exam. After all, problem-solving skills are crucial in the finance domain, so aim to solve a variety of scenarios.
  • Increase your General Knowledge: Just because your exams focus on finance, it doesn’t mean that you shouldn’t be abreast of current affairs and general knowledge. Stay updated with current affairs, especially those related to the finance sector. Read on the latest finance and Economics-related laws as well as the recent Union and Railway Budget as well.  A good grasp of financial news can benefit both the written exam and the interview. You must understand the impact of global events on financial markets.
  • Mock Tests and Sample Papers: You should also take advantage of ixamBee RailTel AM Finance free mock tests and sample papers. These tests will help you become familiar with the exam format and improve time management. Additionally, it will help you to analyse your performance in these tests to identify areas that need improvement.
  • Review and Revision: Revising is quite essential. You should regularly review and revise the topics you’ve covered. Repetition is a proven method to reinforce your understanding of key concepts. Don’t forget that you need to have concise notes with you. These will be quite useful  for quick revisions closer to the exam date.
  • Interview Preparation: After the written exams, the interview round must be taken care of. For the interview round, prepare by brushing up on your knowledge of the financial industry, staying informed about the latest trends, and practicing interview questions to enhance your communication skills and confidence. Develop succinct, well-structured responses to common interview questions.

By following these strategies, you can systematically prepare for the RailTel Assistant Manager Finance Exam and increase your chances of success while being well-prepared for both the written and interview phases of the selection process.

Subject-wise Preparation Guide for RailTel Assistant Manager Exam 2023

Techniques to prepare for Costing:

  • Understand Cost Concepts: Begin by thoroughly understanding fundamental cost concepts, such as fixed costs, variable costs, marginal cost, and absorption cost. This forms the basis for more advanced cost accounting topics.
  • Practice Calculations: Regularly practice cost calculations and cost sheet preparation. Work on problems related to cost estimation, cost-volume-profit analysis, and variance analysis to strengthen your skills.

Techniques to prepare for Quantitative Aptitude:

  • Build a Strong Foundation: Start with the basics of mathematics, including arithmetic, algebra, and geometry. Ensure you have a strong foundation in these areas, as they are frequently tested in quantitative aptitude sections.
  • Problem Solving Skills: Focus on developing problem-solving skills. Practice a wide range of quantitative problems, including numerical calculations, data interpretation, and mathematical reasoning.

Techniques to prepare for Reasoning Ability:

  • Logical Reasoning: Sharpen your logical reasoning abilities. Practice solving puzzles, syllogisms, and critical reasoning questions to enhance your logical thinking.
  • Analyse Patterns: Develop the ability to recognize and analyse patterns. This skill is essential for solving various types of reasoning questions, including coding-decoding and series completion.
  • Vocabulary and Comprehension: Improve your vocabulary and reading comprehension skills. Some reasoning questions may involve understanding and drawing conclusions from written passages.

Techniques to prepare for Financial Knowledge:

  • Study Industry Trends: Keep abreast of current financial trends and developments in the financial industry, including regulatory changes and economic factors. Understanding these trends can be valuable in the financial knowledge section.
  • Focus on Key Concepts: Concentrate on key financial concepts, such as financial statements, financial markets, risk management, and investment analysis. Understand their practical applications.
  • Case Studies and Scenarios: Practice analysing financial case studies and scenarios. This can help you apply your financial knowledge to real-world situations.

Techniques to prepare for Commerce and Accounts:

  • Accounting Principles: Master accounting principles and concepts, including the double-entry system, trial balance, and financial statement preparation.
  • Company Law and Regulations: Familiarize yourself with relevant company laws and regulations, as this knowledge is often tested in the commerce and accounts section.

Techniques to prepare for English Language:

  • Grammar and Vocabulary: Brush up on grammar rules and expand your vocabulary. Practicing some grammar exercises can be helpful, too. Strong language skills are crucial for answering English Language questions accurately and preparing for the interview. 
  • Reading Comprehension: Improve your reading comprehension by practicing with various texts. Focus on understanding the main idea, details, and inferences. Like the grammar segment, practicing your comprehension skills might be helpful in this regard.
  • Writing Skills: Enhance your writing skills, particularly for formal writing. This can be beneficial for answering questions related to letter or report writing. Read more books and articles to enhance your writing skills and improve your vocabulary. 

Summing Up

In a nutshell, gearing up for the RailTel Assistant Manager Exam 2023 requires a thoughtful approach. Start by getting the lowdown on the exam pattern and official syllabus. Then, structure your study routine, focusing on essential subjects like costing and quantitative aptitude. Hone your problem-solving and time-management skills. Staying in the loop with financial trends and mastering key concepts is the key to success. By following these strategies, you’ll be well-prepared for this competitive exam.”

To help you prepare 50% faster for competitive exams, ixamBee provides a free Mock Test Series and all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI Grade B, NABARD, and Other Government Jobs.

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