Info required : ICICI Po Program

[jagdeep_india]

Frnds
can u plz update me as to how is the P.o programme started by Icici is ? whats the avenues for future growth after completion of the program? they say they will give satrting 3.5+ for a operations job ?

[BaBu]

You mean Institute of Finance, Banking and Insurance (IFBI)?

[dream_dare_do]

@jagdeep

even m trying to find out answr to that question...have u mailed ur cv?

[dream_dare_do]

hi...i graduated this year...chem (h)...can u plz guide me about icici po programme...thanks

regards

[writetotanveer]

Originally Posted by dream_dare_do

hi...i graduated this year...chem (h)...can u plz guide me about icici po programme...thanks

regards

Hi Dream,

The ICICI Bank PO programme is basically designed to attract that portion of the population which has not done the MBA but is interested in Banking as a career.



Now - when you say " Guide Me?" - could you be please be more specific?

What exactly is it that you need guidance about ?

1) PROCESS /PROCEDURES?

2) EXAMINATION/SELECTION PROCESSES?

3) RELEVANCE OF THE PROGRAMME?

4) PO PROGRAMME VS. THE MBA OPTION???

5) COMPENSATION PACKAGES?

6) BANKING INDUSTRY?/SUB INDUSTRY?

7) ICICI' S IMPORTANCE IN THE BANKING INDUSTRY?


Here are some basic details: -

This is an intensive programme that systematically transforms you from a bright graduate to a future – ready professional who can take on managerial roles in specific areas within ICICI Bank. It involves one year of classroom training and internship with a stipend. All costs of the programme will be borne by ICICI Bank.
On successful completion of the course after a year, you will be absorbed as Assistant Manager at a gross salary of more than Rs. 3.5 lakhs per annum.
Eligibility criteria:
Graduation with minimum 55% marks in any discipline Up to 25 years of age as on October 1, 2007.
Participation process for the programme:
E-mail your CV within seven days (specifying your name, date of birth, qualification, marks, contact no. and e-mail id) to po.programme@icicibank.com or send it to Anil Rathore, HRMG, ICICI Bank Towers, North Tower, Ground Floor, Bandra – Kurla complex, Bandra, Mumbai – 400051.
Qualification process includes a test, group process and interview at the following locations:
North: Bhopal, Chandigarh, Dehradun, Delhi, Gurgaon, Indore, Jaipur, Lucknow, Ludhiana, Noida, Shimla, Varanasi, Raipur
Sourth: Bangalore, Chennai, Coimbatore, Hyderabad, Kochi, Madurai, Mangalore, Vizag
East: Bubaneshwar, Guwahati, Patna, Ranchi, Shilong, Kolkata
West: Ahmedabad, Baroda, Mumbai, Nagpur, Pune, Aurganabad, Rajkot, Goa

Please mention ICICI Bank PO Programme and the center nearest to your hometown / preferred center in the subject line of the e – mail or on the envelope. Only short – listed candidates will be intimated
Career areas: Corporate Banking, Private Banking, Risk and Credit management, Treasury, Branch and Relationship Management.

ICICI BANK Probationary Officer Programme - 600 POs required


PLEASE REFER TO THE OFFICIAL ICICI WEBSITE

http://www.icicicareers.com:8181/index.htm



Hope the above helps to some to some extent and do get back ith specific queries.

Regards
Tanveer

[sumit071]

Thanks for the detailed info sir!

[neeraj purty]

hey tanveer thanks for the information mate.But what i want to ask is ICICI is conducting such programme for the first time do u think it would be worth it !!!
do u feel it would be better to go for a MBA than this PO programme,or else ull suggest to keep it as one of the options becoz probably it would be atleast better than a MBA degree from a 2tier collage.Pls give us ur opinion on that.

[nihit]

Originally Posted by writetotanveer

Hi Dream,

The ICICI Bank PO programme is basically designed to attract that portion of the population which has not done the MBA but is interested in Banking as a career.



Now - when you say " Guide Me?" - could you be please be more specific?

What exactly is it that you need guidance about ?

1) PROCESS /PROCEDURES?

2) EXAMINATION/SELECTION PROCESSES?

3) RELEVANCE OF THE PROGRAMME?

4) PO PROGRAMME VS. THE MBA OPTION???

5) COMPENSATION PACKAGES?

6) BANKING INDUSTRY?/SUB INDUSTRY?

7) ICICI' S IMPORTANCE IN THE BANKING INDUSTRY?


Here are some basic details: -

This is an intensive programme that systematically transforms you from a bright graduate to a future – ready professional who can take on managerial roles in specific areas within ICICI Bank. It involves one year of classroom training and internship with a stipend. All costs of the programme will be borne by ICICI Bank.
On successful completion of the course after a year, you will be absorbed as Assistant Manager at a gross salary of more than Rs. 3.5 lakhs per annum.
Eligibility criteria:
Graduation with minimum 55% marks in any discipline Up to 25 years of age as on October 1, 2007.
Participation process for the programme:
E-mail your CV within seven days (specifying your name, date of birth, qualification, marks, contact no. and e-mail id) to po.programme@icicibank.com or send it to Anil Rathore, HRMG, ICICI Bank Towers, North Tower, Ground Floor, Bandra – Kurla complex, Bandra, Mumbai – 400051.
Qualification process includes a test, group process and interview at the following locations:
North: Bhopal, Chandigarh, Dehradun, Delhi, Gurgaon, Indore, Jaipur, Lucknow, Ludhiana, Noida, Shimla, Varanasi, Raipur
Sourth: Bangalore, Chennai, Coimbatore, Hyderabad, Kochi, Madurai, Mangalore, Vizag
East: Bubaneshwar, Guwahati, Patna, Ranchi, Shilong, Kolkata
West: Ahmedabad, Baroda, Mumbai, Nagpur, Pune, Aurganabad, Rajkot, Goa

Please mention ICICI Bank PO Programme and the center nearest to your hometown / preferred center in the subject line of the e – mail or on the envelope. Only short – listed candidates will be intimated
Career areas: Corporate Banking, Private Banking, Risk and Credit management, Treasury, Branch and Relationship Management.

ICICI BANK Probationary Officer Programme - 600 POs required


PLEASE REFER TO THE OFFICIAL ICICI WEBSITE

http://www.icicicareers.com:8181/index.htm



Hope the above helps to some to some extent and do get back ith specific queries.

Regards
Tanveer

Is is IFBI program...

If its PGDBRO program than the details is as follow...

I doubt on the package part....

As i enquired into 2 centres and both said that the pay package would be of minimum 14500 per month which would be around 1.7Lakhs per annum. Also they said that posting would be of officer level.

Also they said that package might vary incase of centres.

[rahulchic]

Originally Posted by neeraj purty

hey tanveer thanks for the information mate.But what i want to ask is ICICI is conducting such programme for the first time do u think it would be worth it !!!
do u feel it would be better to go for a MBA than this PO programme,or else ull suggest to keep it as one of the options becoz probably it would be atleast better than a MBA degree from a 2tier collage.Pls give us ur opinion on that.

I don't think the CAT aspirants can think about this as a permanent career alternative to doing the MBA. And because one needs to undergo one year's training, this indicates that this should not be taken up as a temp work while you prepare.

This program is basically a very good opportunity for the youth who are talented but in absence of professional degrees, and because of cut-throat job admission exams, finding it very difficult to enter into a profession. One year's of training may turn the person into a herd core professional, I think very few would still opt for MBA after that.

Thanks a ton to Tanveer for providing enough information in a single post.

KR

[writetotanveer]

Originally Posted by neeraj purty

hey tanveer thanks for the information mate.But what i want to ask is ICICI is conducting such programme for the first time do u think it would be worth it !!!
do u feel it would be better to go for a MBA than this PO programme,or else ull suggest to keep it as one of the options becoz probably it would be atleast better than a MBA degree from a 2tier collage.Pls give us ur opinion on that.

To answer the questions on a serial basis..

ICICI is probably conducting the PO selection on a formal structured basis on such a grand scale for the first time.

Earlier selection was done in a sporadic manner.

As far as comparison with the MBA is concerned - I think an MBA should serve your career interest better because even as a Probationary Officer after a few years you will face the "Glass Ceiling" where you will find that you may not get promoted because you do not have the requisite qualifications!

Not to mention the frustration of finding that your boss is somebody 5 years junior to you who has just passed out of a Premier MBA school!

So unless you are contemplating the MBA from a really pathetic place I would recommend the MBA over the PO programme.

Regards
Tanveer