www.icicicareers.com ICICI Bank Business Leadership Programme 2012 Scholarship : NIIT University

[muthukalee]

Name of the Organisation : ICICI Bank NIIT University
Type of Announcement : ICICI Business Leadership Programme

More Details : https://www.icicicareers.com/icici_c...iit/index.html

MBA (Finance & Banking) Programme Structure
ICICI Business Leadership Programme is an initiative by ICICI Bank in partnership with NIIT University to deliver Master of Business Administration (MBA - Finance & Banking) programme with specialization in finance and banking. It aims to provide opportunities to professionals, who demonstrate an aptitude for the banking industry, to get identified and nurtured as future business leaders. It provides a career leap to business leadership positions and an opportunity to serve corporate India.

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.

The starting remuneration on cost to company basis for students will be in the range of rupee15 lacs and above [per annum].

The students who participate in this programme will need to sign a rupee 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 rupee 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.

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 & Scholarship :
Earn while you learn : During programme period of 2 years students would be paid scholarship rupee 10,000/- (per month) during class room programme phase & rupee 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 rupee 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 rupee 9,000 per month.
Despite the rupee 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.
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.

Selection Process
Applicants will be shortlisted on merit and will be invited for the selection process.
Shortlisted applicants will have go through the below mentioned selection stages :
Entrance test
Group discussion stage
Psychometric Profiling / Personal Interview
Psychometric Profiling
Personal Interview

Application Open May 08, 2012
Application close July 15, 2012

[Unregistered]

I could not understand that I am shortlisted or not for this august batch. So you inform me fast please.

How will you inform me if I am shortlisted for the selection process?
Short listed applicants will be intimated though email & SMS. A call letter informing them about the venue and date of the process will also be sent through e-mail.
***Please ensure that your e-mail address & mobile numbers are updated with us.