Manipal PGDBF PROGRAMME DETAILS - Indian Bank PO 2018
Indian Bank released a recruitment notification for the post of Probationary Officer via Manipal School of Banking. A total of 417 vacancies are to be filled by this recruitment.
Indian Bank seems tightened the selection procedure this time. Check out the Selection Procedure & Exam Pattern here.
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The selected students will go through a nine-month (Campus programme) Course at Indian Bank Manipal School of Banking, Bangalore followed by a three months internship at any of the Indian Bank Branches.
The course and the curriculum are specially structured to meet Indian Bank’s needs and requirements. Apart from General Management subjects, the curriculum will include courses related to Banking areas.
The compulsory 3-months internship at any of Indian Bank Branches will enable an On-The-Job training for the students which will give them a real-life work experience. During On-The-Job training candidates will have to enroll and complete compulsory e-learning module of Indian Institute of Banking & Finance (IIBF) and qualify themselves. Details of which will be intimated to them later.
The Post-Graduate Diploma in Banking and Finance (PGDBF) would be a one-year programme comprising of four trimesters. First three trimesters would be conducted at IBMSB, Bangalore. The fourth trimester would be devoted to internship to be pursued by the participant at designated branches of Indian Bank.
Classes will be held five days a week from Monday to Friday with Saturday devoted to E-learning and Sunday being a weekly holiday. Formal class room sessions will be of 75 minutes duration. There will be 6 sessions on each day. Programme delivery will be in the form of class room lectures, tutorial discussions, seminars, laboratory work, assignments, case studies, library research projects and other exercises. Considerable emphasis will be placed on self learning by the participants. Apart from the regular classes, the participants would be required to take part in additional curricular and extracurricular activities. Co-curricular activities will form an essential part of the learning process.
It is mandatory for all participants to take part in all curricular and co-curricular activities. They would be required to attend all classes i.e., 100% attendance is mandatory. Leave of absence would be given only on extreme compassionate grounds with the specific permission of the Competent Authority/Officer In-charge.
Fee Structure and Educational Loan Facility
The fees for the Course will be Rs.3,50,000 (Rupees Three Lakhs and Fifty Thousand) plus taxes (all inclusive of boarding, Lodging and course fees, other fees, etc.), as applicable, payable to Manipal Global Education Services. The Bank will extend its Educational Loan facility to all the selected candidates on the terms and conditions as applicable to Educational Loan Scheme of the Bank.
The first EMI for the Educational loan availed is payable one month after completion of the course (i.e. one month and one year from admission). There would be no recovery of EMIs or interest during the training period and the interest accrued during this course period would be recovered along with the normal EMIs. The EMIs are spread over a period of 84 months (7 years).
Bank may consider refunding of interest/loan either in its entirety or portions in a deferred manner at the rate of 20% each year in annual installments starting from the end of the fifth year if he/she continues in service with the Bank.
Since the candidates will be staying away from Home and in Hostel, they are encouraged to take the appropriate medical insurance policy to cover themselves.
Award of Post-Graduate Diploma
On successful completion of the programme, a Postgraduate Diploma in Banking and Finance will be conferred on the participant by Manipal Academy of Higher Education (deemed to be University registered under UGC). However, for the award of the postgraduate diploma, a participant has to fulfill the following requirements:
He/she should have taken and passed in each course of study as prescribed in the curriculum to earn at least the minimum number of credits specified for that particular course.
- The participant acquires not less than the minimum required credits at the end of the programme.
The participant satisfactorily fulfills other academic requirements (as specified in the course of Study/ curriculum) like practical training, work visits, seminar, project etc. and completes the internship programme.
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