NIIT launches institute for financial sector
The ICICI Bank has offered to recruit all the students of the first batch as officers upon successful completion of the programme
By PTI |
MUMBAI: To meet the rising demand of professionals in the banking industry, IT training and services provider NIIT today launched the Institute of Finance, Banking and Insurance (IFBI) in partnership with ICICI Bank, which would groom the entry-level professionals for this industry.
The institute, which would commence admissions in October 2006, would cater to the needs of the exponentially-growing banking, insurance and financial Services sectors in India and overseas markets, the company informed the Bombay Stock Exchange.
The ICICI Bank has offered to recruit all the students of the first batch as officers upon successful completion of the programme, it added.
The training programmes will be offered from IFBI education centres set up in Delhi, Mumbai, Chennai, Bangalore, Hyderabad and Calcutta and initially would offer a 6-month full time Post Graduate Diploma in Banking Operations (PGDBO).
The banking industry currently employs nine lakh people and is expected to grow this number to 15 lakh over the next 5 years.
The ICICI Bank has supported IFBI in designing the curriculum and developing the course content and offering laboratory and internship sites to students. The bank will also consider granting education loans to students selected for the PGDBO programme, the company said.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
