ICICI Business Leadership Programme

MBA (Finance & Banking)

The current economic landscape provides numerous opportunities for the Indian banking
sector. In order to leverage on these emerging opportunities, a new class of bankers will
be required in the domains of Project Finance, Corporate Banking, Risk Management and
Banking Technology. To meet these objectives, ICICI Bank and NIIT University have come
together to equip experienced professionals from diverse industries with banking
knowledge and skills.
A two year MBA (Finance and Banking) programme is a product of this partnership
and aims to create a pool of talent at mid-management level.
ICICI Bank announces the launch of the admission process to the 5th batch of
MBA programme with NIIT University, an initiative under the "ICICI Business
Leadership Programme".
Details of Programme:

The unique design of the programme focuses on providing high degree of industry
exposure, by academic and functional experts from the financial domain and
banking industry.
The programme has a desired blend, wherein students will undergo six months
module of industry linked internship at ICICI Bank twice during the 2 year course
duration.

Earn while you Learn: During the programme period of 2 years students would
be paid stipend/scholarship of 10000/- per month during class room training
phase & 50,000/- per month during Internship phase.

The starting remuneration on cost to company basis for students will be in the
range of 15 lakhs and above [per annum]

On successful completion of programme, Professionals will be absorbed within the

wholesale banking, global risk management and information technology functions
of ICICI Bank.

Programme focuses on providing a high degree of industry exposure by academic

and functional experts from the financial domain and banking industry.

The selected employees will undergo a 2 year intensive programme & internship
as follows:
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o
o

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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
Each term comprises of 3 months duration.

During the classroom programme and internship (total of 24 months), a stipend

will be given to the students to meet out of pocket expenses.

Placement at ICICI Bank: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.
o

The starting remuneration on cost to company basis for students will be in

the range of 15 lacs and [per annum].

The students who participate in this programme will need to sign a Rs20
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.
On successful completion of the MBA programme in 2015, employees will
be absorbed at Manager Band - II grade or above based on duration of
prior work experience at a gross salary in the range of Rs. 15 Lacs per
annum

The domain specialization will be based on Bank's requirements.

The 5th batch of the programme will commence in April 2013.

Eligibility Criteria:

Age - Applicants should not exceed 30 years of age (as on 22nd April, 2013).

Minimum 55 % in Graduation and Minimum 60 % in 12th & 10 th examination

boards.

Academic qualifications - Graduates from engineering, IT, finance, economics,

law, commerce, statistics etc / Chartered Accountants / Professionals with varied
work experience (including shop floor professionals).

Work Experience after graduation- Minimum of 3 Years (Full time experience).

Working professionals who are CAs / Engineers / Graduates in any discipline(s)

Selection Process:
Applicants will be shortlisted on merit and will be invited for the selection process.
Shortlisted applicants will undergo a multistage selection process, post which the final
results will be declared.
During the multistage selection process, applicants will also be required to appear for
psychometric profiling and personal interview.
Psychometric Profiling - This is a questionnaire based psychometric tool that assesses
the typical or preferred behavior of individuals in work settings. Applicants are required
to complete the questionnaire before they appear for the interview. This tool gives us a
better understanding of preferred behavior of the applicant and is not used for
elimination of applicants.

Personal Interview - Shortlisted applicants will go through the personal interview

round. This is the final step in the selection process:
Fee & Scholarship:

Earn while you learn: During programme period of 2 years students would be
paid scholarship Rs10,000/- (per month) during class room programme phase &
Rs 50,000/- (per month) during Internship phase.
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.

The EMIs for the loan would start once you have joined the bank. There would be
no recovery of EMIs or interest during the initial programme period of 2 years. The
EMIs are spread over a period of 60 months from the start date of employment
with ICICI Bank and will attract a rate of interest of 2.5 % p.a. to ensure that there
is minimal impact in the monthly earnings. The EMI will be approximately Rs 9,000
per month.

Despite the Rs4.5 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.

No EMIs/Interest will be recovered during the programme period of 2 years.

The EMI/Interest recovery starts only from the 1st salary drawn on joining the
bank after completion of the programme & internship.

Last date of application: - 22-Dec-2012.

Please send your updated copy of resume if interested on heritage.recruitment@gmail.com or

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