PNB SO Credit Officer Study Plan

Link to PNB SO Credit Officer Course

This plan is based on PNB Specialist credit officer course 2023 by Team BankExamsToday

Week 1-7

• Financial Awareness: RBI Circulars (last 6 Months)
• Financial Awareness: Quiz (last 6 Months)
• Go through the Financial Awareness course

Week 1 

Quantitative Aptitude

Day 1

• Percentage and Interest
• Approximation

Day 2

• Partnership
• Profit and Loss

Day 3

• Time and Work
• Pipes and Cisterns

Day 4

• Time, Speed and Distance
• Problems on Trains
• Boats and Streams

Day 5-6-7

• Data Interpretation
• Data sufficiency

Week 2

Quantitative Aptitude

Day 1

• Number series

Day 2

• Ratio and proportions
• Mixtures and alligation

Day 3

• Quadratic equations

Day 4

• Data Interpretation practice

Week 2

Reasoning

Day 5

• Blood Relation

Day 6

• Syllogism

Day 7

• Inequalities

Week 3

Reasoning

Day 1-2

• Puzzles

Day 3-4

• Seating arrangements

Day 5

• Coding-Decoding
• Direction and Distance

Day 6

• Statement and Assumptions
• Statement and Conclusion
• Cause and Effect
• Statement and Argument

Day 7

• Machine Input Output

Week 4

English language

Day 1-3

• Read English Grammar notes

Day 4-7

• Practice Reading comprehensions
• Practice all types of questions

Week 5

Working Capital Management

• Need for working capital
• Cash cycle

Ratio analysis

• Liquidity ratio
• Turnover ratio
• Profitability ratio
• Solvency ratio

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

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

Week 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

Short-term Financing

• Working Capital Concepts
• Working Capital Issues
• Working Capital Cycle
• Aggressive and Conservative Approach
• Sources of Short-Term Financing

Long-Term Financing

• Considerations of Issuers and Investors
• Sources of Long-term Finance

Money Markets

• Money Market Instruments
• Coupon Bearing Instruments
• Discount Instruments
• Risks involved in Money Market

Capital Markets

• Process, types of securities and parties involved
• Types of bonds
• Bond valuations
• Debt and Equity

Week 6-7

Portfolio Management

• Portfolio Risk and Return
• Capital Allocation
• Optimal Portfolio
• Modern Portfolio Theory
• Performance Measurement

Yield Curve Analysis

• Concept of Yield Curve and its Types
• Yield to Maturity concept
• Types of Interest Rates and their Computation
• Yield Interpolation

Duration

• Concept of Duration and Modified Duration
• Macaulay duration
• Effective duration
• Computation of Duration for different types of bonds
• Relationship between duration, yield, coupon and maturity
• Duration of a Portfolio

Convexity

• Concept of Convexity and its Properties
• Convexity of a Portfolio
• Impact of a price change on convexity
• Positive and Negative Convexity

Interest Rate Options

• Interest Rate Options
• Over-the-Counter Options, Calls and Puts on LIBOR Caps, Floors and Collars

Interest Rate Swaps

• Basic Structure
• Price Quoting Conventions
• Pricing & Valuing Interest Rate Swaps
• Variants of Interest Rate Swap
• Swaption

Mock Tests

• Take full-length mock tests from week 6