With Indian economy growing at the rate of seven to eight percent year and as a major contributor to it the banking sector of the country also witnessed the poised growth in last five years.
NIIT University in association with India’s leading bank ICICI Bank are offering Masters in Business administration with specialization in Finance and Banking (MBA Finance and Banking)
The curriculum of this two year course would mainly focus on domain knowledge of Banking and Financial sector and upon completion of course the candidates would be absorbed in ICICI’s whole sale banking, global risk management and IT divisions as Manager Grade – II.
The course will be imparted in the following structure
- Term one and two would be class room programme in NIIT University campus, Rajasthan.
- Term two and three would be internship at ICICI Bank.
- Term five and Six are on campus trainings in the area of specialization.
- Term seven and eight are the internship in the area of specialization.
Each term is for three months and during internship the students would be on OJT (on the job training) for five days and sixth day would be class room training.
In order to gain admission the candidate has to be a graduate in any discipline with minimum 60% aggregate in secondary and senior secondary level and a minimum work experience of three years after graduation. Candidates with experience in manufacturing, infrastructure, aviation, software, power, telecom and finance are preferred.
Apart from above mentioned eligibility conditions the candidates has to also meet the conditions of the university.
The age of the candidate should not exceed thirty years as on 15 th April 2012 (for batch staring in April 2012).
The candidates would be selected on the basis of written test, followed by group discussion then by psychometrics analysis test and last by personal interview.
The fee for the course would be approximately four lakh fifty thousand (the bank would help by providing a subsidized loan at two point five percent rate of interest) for which there would not be any EMI in the course period.
As mentioned above that ICICI bank will absorb all the successful candidates with a package above fifteen lakh and above per annum, plus they would receive a stipend of rupees ten thousand per month during class room training period and rupees fifty thousand rupees per month during internship phase.
If the student leaves the programme during the course then he or she has to pay the entire loan at market rate plus any stipend received during that period and if a candidate resigns after joining the bank then he is liable to pay rupees twenty lakh towards training cost (the candidate has to write a bond stating he or she are obliged to work for a minimum period of three years with the bank)
In case of any further assistance please do reach university or bank at nuibankmba (at) icicibank (dot) com or mba (at) niituniversity (dot) in or can call at 1800 3002 5454
The Last date of application for batch starting from April 2012 is 01 January 2012.