Guys if result is going to come next week then we need to hold our nerves till then...hope they select 120 this time instead of 81 selected last time. It's really hard to wait for the results.....
I think guys getting calls are working in thr hometown and that's the reason they are confirming with them reg. relocation..is this the case with guys getting calls??
I would like to discuss pros and cons of this program...
as per me, pros are,
1) healthy salary...(a kind of dream salary for more than avg number of MBA students)
2) you wil b manager of india's 2nd largest bank b4 u cross urs 30s
3) Finance Domain.. chalenging and good source of income. Good scope too in coming future.
4) you will be either senior or peer of IIM passed out 😃 after completion of this program
cons:
1) crucial 7 yrs of career - in the hands of ICICI
2) once relocated - cant move to any other place. As per mouthshut website, HRs are nt cooperative in relocation, transfers etc
3) Risky and pressurized job as compared to IT
4) Cant select area of specialization- if you are said to work in marketing sector, you have to, even if u dont like.. no option atleast for next 4-5yrs
Please note, i m nt encouraging or discouraging any1, its just a general opinion, which i guess evry1 wnts to consider b4 taking any decision.
I had discussion today with my friend.( we both wre present in GD/PI round in ICICI tower, Hyderabad). He made a guess that, those three questions(blood relation, relocation, and already worked with ICICI) are being asked to those guys whom they have already chosen the relocation city. are they really planning to allocate relocation cities b4 the start of actual program.?. Brainstorming please..
Guys if result is going to come next week then we need to hold our nerves till then...hope they select 120 this time instead of 81 selected last time. It's really hard to wait for the results.....
I think guys getting calls are working in thr hometown and that's the reason they are confirming with them reg. relocation..is this the case with guys getting calls??
As per earlier posts, out of 81, around 58 joined the program in 1st batch..
puneetdking SaysAs per earlier posts, out of 81, around 58 joined the program in 1st batch..
It solely depends on them how many candidates they need...they have seen the response of 1st batch..so thr is a possibility that they select at least 100 candidates this time..may be much more than that..it's a mystery till the result is out 😛
I would like to discuss pros and cons of this program...
as per me, pros are,
1) healthy salary...(a kind of dream salary for more than avg number of MBA students)
2) you wil b manager of india's 2nd largest bank b4 u cross urs 30s
3) Finance Domain.. chalenging and good source of income. Good scope too in coming future.
4) you will be either senior or peer of IIM passed out 😃 after completion of this program
cons:
1) crucial 7 yrs of career - in the hands of ICICI
2) once relocated - cant move to any other place. As per mouthshut website, HRs are nt cooperative in relocation, transfers etc
3) Risky and pressurized job as compared to IT
4) Cant select area of specialization- if you are said to work in marketing sector, you have to, even if u dont like.. no option atleast for next 4-5yrs
Please note, i m nt encouraging or discouraging any1, its just a general opinion, which i guess evry1 wnts to consider b4 taking any decision.
I had discussion today with my friend.( we both wre present in GD/PI round in ICICI tower, Hyderabad). He made a guess that, those three questions(blood relation, relocation, and already worked with ICICI) are being asked to those guys whom they have already chosen the relocation city. are they really planning to allocate relocation cities b4 the start of actual program.?. Brainstorming please..
These are very good predictions dudee.Any way I am also in doubt whether to join this course or not as we need to leave our crucial 7 yrs in the hands of ICICI bank which may be great or filled with frustation
theja1986 SaysThese are very good predictions dudee.Any way I am also in doubt whether to join this course or not as we need to leave our crucial 7 yrs in the hands of ICICI bank which may be great or filled with frustation
They have structured it v v intelligently...i mean each clause and each terms n conditions..
But 1 major major thing is tht "You will be Manager Band-2" employEE after a couple of years which means a lot...and none of us can reach tht level if we stay in our current job..wen ICICI is giving such priviledge so it is extracting its benefits very well...coz it's them who has designed this program for thr own benefit....
theja1986 SaysThese are very good predictions dudee.Any way I am also in doubt whether to join this course or not as we need to leave our crucial 7 yrs in the hands of ICICI bank which may be great or filled with frustation
Thats wat my point is...!! ok, starting 2 yrs i can say wil be full of fun and learning experience... it will be like our old missed college days.. (school chale hum
).. but once we got allocated, than actual scenario comes into picture,for next 5 yrs... My prediction is - most of the us will relocate to hyderabad.. because the ICICI building in hyderabad is india's largest horizontal office building and world's 18th. Source: ICICI Gachibowli Complex is the Largest Single Building Office in India and 18th In the World
The tower is newly built and has all required and advanced facilities...!! I guess ICICI will fill this building with possible numbers of Middle level manager in almost every field/specialization..!! other will b targeted to mumbai HQ, rest other places as per business requirement....
brainstorm Puyz..??
Thats wat my point is...!! ok, starting 2 yrs i can say wil be full of fun and learning experience... it will be like our old missed college days.. (school chale hum).. but once we got allocated, than actual scenario comes into picture,for next 5 yrs... My prediction is - most of the us will relocate to hyderabad.. because the ICICI building in hyderabad is india's largest horizontal office building and world's 18th.
Source: ICICI Gachibowli Complex is the Largest Single Building Office in India and 18th In the World
The tower is newly built and has all required and advanced facilities...!! I guess ICICI will fill this building with possible numbers of Middle level manager in almost every field/specialization..!! other will b targeted to mumbai HQ, rest other places as per business requirement....
brainstorm Puyz..??
Posting locations ka toh 1st batch ka course completion pe pata chal jayega..ki wich are probable locations...
Friends ,
I have the same doubt . No doubt that if I get it , I will be sure joining it(Trusting ICICI wrds more than myself!!). But the thng is how ICICI will stick to its wrds and how will be our future in market after 5 yrs . One more thing is if at the time we pass out they will try to absorb in many areas according to their space and positions. I gues even branch manager may be also M2 grade . U cant challenge their decision at that time. It will be solely on their discretions.Also I do doubt if ICICI wants M2 managers with 15 lpa y then it starting its own prog. It can take ppl from IIMs and many good insti . What is the whole process behind it? Puys plz help.
Friends ,
I have the same doubt . No doubt that if I get it , I will be sure joining it(Trusting ICICI wrds more than myself!!). But the thng is how ICICI will stick to its wrds and how will be our future in market after 5 yrs . One more thing is if at the time we pass out they will try to absorb in many areas according to their space and positions. I gues even branch manager may be also M2 grade . U cant challenge their decision at that time. It will be solely on their discretions.Also I do doubt if ICICI wants M2 managers with 15 lpa y then it starting its own prog. It can take ppl from IIMs and many good insti . What is the whole process behind it? Puys plz help.
Buddy the course structure will be solely related to their needs..that's y they are spending so much..and they will filter profiles so suit thr needs..and moreover they will recover everything from you during these 5-7 yrs...ultimate gainers are them only.......
They have structured it v v intelligently...i mean each clause and each terms n conditions..
But 1 major major thing is tht "You will be Manager Band-2" employEE after a couple of years which means a lot...and none of us can reach tht level if we stay in our current job..wen ICICI is giving such priviledge so it is extracting its benefits very well...coz it's them who has designed this program for thr own benefit....
Very optimistic Dude..:clap: i like ur way of thinking...:o Can any1 know, wat will b the career options after 7 yrs...(completion of bond, loan everything). At that time you wil be somewhere near to senior management , and your age wil be near about 34yrs.. and having experience of 10+ years (3+yrs in ur respective domain + 7 yrs in Finance/banking domain)? in short, where our vision can go while sailing the boat named "BLP-NU"
..?? i need answers from all dream chasers here
They have structured it v v intelligently...i mean each clause and each terms n conditions..
But 1 major major thing is tht "You will be Manager Band-2" employEE after a couple of years which means a lot...and none of us can reach tht level if we stay in our current job..wen ICICI is giving such priviledge so it is extracting its benefits very well...coz it's them who has designed this program for thr own benefit....
Very optimistic Dude..:clap: i like ur way of thinking...:o Can any1 know, wat will b the career options after 7 yrs...(completion of bond, loan everything). At that time you wil be somewhere near to senior management , and your age wil be near about 34yrs.. and having experience of 10+ years (3+yrs in ur respective domain + 7 yrs in Finance/banking domain)? in short, where our vision can go while sailing the boat named "BLP-NU"
..?? i need answers from all dream chasers here
puneetdking SaysVery optimistic Dude..:clap: i like ur way of thinking...:o Can any1 know, wat will b the career options after 7 yrs...(completion of bond, loan everything). At that time you wil be somewhere near to senior management , and your age wil be near about 34yrs.. and having experience of 10+ years (3+yrs in ur respective domain + 7 yrs in Finance/banking domain)? in short, where our vision can go while sailing the boat named "BLP-NU"
Bro no one can say what we will be after 7 yrs...not even ICICI itself...we just hv to hand them our career for next 7 yrs with a positive attitude 😛 😛 and do watever they want us to do... 😉
Moreover if someone gets posting in his/her hometown than there cannot be anything better than this...
123karan SaysMoreover if someone gets posting in his/her hometown than there cannot be anything better than this...
uske sath to 'swaum'(typical hindi of himself) Kuber ji bond sign karenge life long sath rehne ka .. 😲
Friends ,
I have the same doubt . No doubt that if I get it , I will be sure joining it(Trusting ICICI wrds more than myself!!). But the thng is how ICICI will stick to its wrds and how will be our future in market after 5 yrs . One more thing is if at the time we pass out they will try to absorb in many areas according to their space and positions. I gues even branch manager may be also M2 grade . U cant challenge their decision at that time. It will be solely on their discretions.Also I do doubt if ICICI wants M2 managers with 15 lpa y then it starting its own prog. It can take ppl from IIMs and many good insti . What is the whole process behind it? Puys plz help.
dude, i guess i hav ans to your doubt..WSJ once interviewed K. Ramkumar, head of human resources at ICICI Group, that gives clear picture, y this BLP program.
Link:
What ICICI Looks For in Employees - India Real Time - WSJ
puneetdking SaysVery optimistic Dude..:clap: i like ur way of thinking...:o Can any1 know, wat will b the career options after 7 yrs...(completion of bond, loan everything). At that time you wil be somewhere near to senior management , and your age wil be near about 34yrs.. and having experience of 10+ years (3+yrs in ur respective domain + 7 yrs in Finance/banking domain)? in short, where our vision can go while sailing the boat named "BLP-NU"
Dude,
Please dont compare this with traditional MBA.
This is leadership programme.
I read about leadership programmes of all biggie like TAS for tata group,ALP for Reliance, GE Leadership programme.
These are big companies and they can have collabaration with best institutes of the world but still they have in housed leadership programme.
Can u tell me the reason?
More over , even if from IIM-A if you will be selcted for TAS,ALP or GE Leadership programme , u have to do training for 2 years or 1 year like other recruits are doing.
Can u tell me the reason?
Believe me wen I am comparing all leadership prograame and remove brand name , this is the programme with best structure.This is going to be big , dat u will realise wen it ll happen.
Colleges are making managers , leadeship programmes are making leaders.
U can be best manager by just knowing about ur task
But u will b gud leader only when u will kno d organisation also.
I dont kno whether I will be selected or not but this is my view.
My interveiw was conducted by 5 people in which 4 are IIM graduates-
Wen they asked me about this programme I told all gud things but when they said u are saying IIMs are not gud.
Then I asked one question, and believe they all are unanswered because ans is only yes-
Sir , I kno IIM is big brand but tell me if instead of having 2 years programme , u ll have same set up like one year course and one year live training in ur IIMs,whether u will be more comfirtable in ur job or not.
So sir I am not coming for brand , I am coming for set up.
HI punnet shekhar here.... They need our certificates and related educational documents as a security against the loan which they are offering . Does it seems to be a good idea to mortgage our certificates ...
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.
What u people say about this thing .....
Cant we pay the fees from our own pocket .... ?????
guys pls tell me what should be my next step after i am not selected for this program?