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ICICI- Business Leadership Programme, an initiative by ICICI Bank in partnership with NIIT University to deliver Master of Business Administration (MBA - Finance & Banking) programmewww.freshersworld.com
Course Structure: Term 1 & 2- Classroom programme at Neemrana Campus (Rajasthan). Term 3 & 4 - Internship at ICICI Bank. Term 5 & 6- On campus classroom programme in the area of specialization. Term 7 & 8- Internship in the area of specialization
Eligibility Criteria:
Working professionals who are CAs / Engineers / Graduates in any discipline(s).
Academic qualifications - Graduates from engineering, IT, finance, economics, law, commerce, statistics etc / Chartered Accountants / Professionals with varied work experience (including shop floor professionals).
Professional experience - Preferable work experience in industries like manufacturing [pharmaceuticals, steel, oil, gas and petroleum, etc.], infrastructure, aviation, software, power, telecom and finance.
Minimum 60 % in Graduation /12th / 10th.
Work Experience after graduation- Minimum of 3 Years (Full time experience).
Age - Applicants should not exceed 30 years of age (as on 22nd October, 2012).
Fee: To pursue the ICICI Business Leadership Programme (MBA - Finance & Banking Programme),the interested students will have to invest Rs. 4.5 lacs which would be provided by ICICI Bank as a subsidized loan at an interest rate of 2.5% p.a. Despite the Rs. 4.5 lacs being paid by the students, it is a benefit for the applicant since the loan is being extended by ICICI Bank at subsidized interest rate of 2.5 % p.a.
Stipend : During the classroom training period the students will be paid a stipend of Rs. 10,000 per month to cover the incidental expenses. During the internship phase with ICICI Bank, the students will be paid a stipend of Rs. 50,000 per month to cover the expenses incurred.
Placement: On successful completion of the course students will be absorbed at ICICI Bank as Manager-II grade or above based on duration of prior work experience. The starting remuneration on cost to company basis for students will be in the range of Rs.15 lacs and above [per annum].The students who participate in this programme will need to sign a Rs. 20 lacs bond with ICICI Bank. Post successful completion of the course, the students will be required to work for ICICI Bank for a minimum period of 3 years. If any student thereafter chooses to leave the services of the Bank within 3 years of joining, he would be required to reimburse Rs. 20 lacs, towards cost of education and stipends paid and the opportunity lost for the organization. For the purpose of grant of subsidized loan, academic certificates of such students will be retained by ICICI Bank for the period of loan as a security.
Selection Process: Entrance test , Group discussion, Psychometric Profiling / Personal Interview
ICICI Bank is India's second-largest bank with total assets of Rs. 4,062.34 billion (US$ 91 billion) at March 31, 2011 and profit after tax Rs. 51.51 billion (US$ 1,155 million) for the year ended March 31, 2011. The Bank has a network of 2,533 branches and 6,401 ATMs in India, and has a presence in 19 countries, including India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialise subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.
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