ICICI Business Leadership Programme - Min 3 Yrs Work Ex Required

shekhar301 Says
We have to catch hold of seniors who are still undergoing the course,then only our doubts will be clarified . Start searching guys


Hi shekhar...hw r u dude..??

Puys, I already know two guys of October'11 batch.. please jot down/consolidate all queries and doubts, i wil personaly call any of the two and let u kno the resolutions..
Hi Paaji,

Ur financial planning is very gud.

If ur financial incoming will be like this in next 5 yrs , den no need to join dis programme.

And coming to banking, wat if they ll give u IT in ICICI?


@amit... is IT in ICICI non beneficial as compared to other sector? i am sking bcoz i dont hav any idea which sector in banking is beneficial in terms of career & monetary basis.

I think the calls are just for the sake of information which i have missed out, and doesn't mean anything else.

Hi Kiran, den according to last year trend , u r 200% selected.:cheers:

I think ur quote will clear the doubt of so many puys who are taking certain meaning from the call.

Hey Badebhai....as far as I remember this info was filled by us during the BMAT test.
Are u willing to relocate...etc....etc.....

hi shekhar, when was ur PI??? 3rd or 4th feb. the panel didnt ask some Qs so they called me.

sshekhar18 Says
Yeah I am from Kolkata ... but i havent recieved any calls from HR ... i was asked the three questions at the end of my PI by the panel.
Hi shekhar...hw r u dude..??

Puys, I already know two guys of October'11 batch.. please jot down/consolidate all queries and doubts, i wil personaly call any of the two and let u kno the resolutions..

Thanks dudee

1.Future of banking sector
2.Abt NIIT University.How is it different to other B schools.
3.Abt ICICI bank and the future of this course
4.Abt college life, personal opinion when compared to other IIM'S wat could be the varying factor in the course structure
5.Treatment by the ICICI Hr's.
6.Abt accredition of NU and its course structure
6.Finally is it better to leave the current job and join in this course and hardships that can occur to us.

Guys

My perception on the Pro's and con's are as follows :

Disadvantages :
1) Stuck with ICICI bank for the next 7 years .
2) We have to submit our Original certificates to them .

Advantages :
1) Good package after completion of course.
2) Working with India's 2nd biggest bank in a much better position (Manager).
3) As we all will be shifting our carrier from IT etc fields to banking I think a solid amount of time and exp will be required in future .

People who are sure that they can crack CAT,XAT etc in coming years can concentrate on that and about others pray for a +ve news in coming weekdays .

Thanks dudee

1.Future of banking sector
2.Abt NIIT University.How is it different to other B schools.
3.Abt ICICI bank and the future of this course
4.Abt college life, personal opinion when compared to other IIM'S wat could be the varying factor in the course structure
5.Treatment by the ICICI Hr's.
6.Abt accredition of NU and its course structure
6.Finally is it better to leave the current job and join in this course and hardships that can occur to us.


i am going to call him tomorrow...in the meanwhile come up wid more possible questions

@ others.. plz prepare some questions/doubts regarding ICICI-BLP and let me kno, i am going to call my friend of Oct, 2011 batch tomm, who is already going thru the program..
Guys

My perception on the Pro's and con's are as follows :

Disadvantages :
1) Stuck with ICICI bank for the next 7 years .
2) We have to submit our Original certificates to them .

Advantages :
1) Good package after completion of course.
2) Working with India's 2nd biggest bank in a much better position (Manager).
3) As we all will be shifting our carrier from IT etc fields to banking I think a solid amount of time and exp will be required in future .

People who are sure that they can crack CAT,XAT etc in coming years can concentrate on that and about others pray for a +ve news in coming weekdays .


out of 7 yrs, 2yrs wil b of fun and learning, so cant say 'stucked'.... i m happy to become a student again...college life is best time of evry1's life, getting 2nd chance to see college life, nt a big deal...real story wil start next 5 yrs post MBA

Puneet .... waiting for ur posts 😁

shekhar301 Says
Puneet .... waiting for ur posts :D


below is the reply of theja's queries i got from my friend from OCT'11 batch who is already in this program..

Future esp.ICICI bank is grea8.Bt I doubt ICICI's initiative to bring in newbies like us into banking at such responsible posts..NU definitely better than all pvt institutes..bt below the premier ones.though faculty insists its better than IIMs..U r lucky if u get into this course.Course is hectic in first term,even b4 u realize anything the exams are over..2nd term u may relax..project pressure high..assignments..regular quizzes/test..focus on seamless learning..faculty is strong..except a few lazy bones here and there..This is a splclzd F&B; for ICICI course.so there s the diff..ICICI representatives visit the campus frequently and address our queries.Dont wrry abt accredition..the course is very good..even MBA finance guys are re-doing this and learning things..definitely..quit and join..no one offers such an opportunity..i may sound very optimistic..bt thats my take..not that I am a topper here
below is the reply of theja's queries i got from my friend from OCT'11 batch who is already in this program..

Future esp.ICICI bank is grea8.Bt I doubt ICICI's initiative to bring in newbies like us into banking at such responsible posts..NU definitely better than all pvt institutes..bt below the premier ones.though faculty insists its better than IIMs..U r lucky if u get into this course.Course is hectic in first term,even b4 u realize anything the exams are over..2nd term u may relax..project pressure high..assignments..regular quizzes/test..focus on seamless learning..faculty is strong..except a few lazy bones here and there..This is a splclzd F&B; for ICICI course.so there s the diff..ICICI representatives visit the campus frequently and address our queries.Dont wrry abt accredition..the course is very good..even MBA finance guys are re-doing this and learning things..definitely..quit and join..no one offers such an opportunity..i may sound very optimistic..bt thats my take..not that I am a topper here


JUST HAD CHAT WITH ONE GUY WHO IS ALREADY IN NIIT-
hi vijay this is amit,i m waiting 4 my icici niit result?just wanna kno abt ur view n experience abt this
: its a gud course
: do join if u want to come into banking industry
amit gupta: ya i m fully convinced to join this.just wanna kno how r they giving electives and wen they r deciding?
: they will allot specialisation during term 2
: from 2nd yr u will have specialised subjects
amit gupta: term 2 means after 3 months, rite?
amit gupta: wat u got?
: yet to get
amit gupta: oh did they give u any choice?
: no choice
amit gupta: oh so in general wat they looking ?
amit gupta: which specialisation have most number of seats, i think corporate banking
: meaning?
amit gupta: means based on sumthing they r alloting courses
: corporate shld have most
: based on work ex
amit gupta: but most of the people have IT work ex
: then dependin on requirements ppl will be selected
amit gupta: ohk wat abt risk management? i heard this is most difficult
: its not abt simple or difficult
: see u will get a good package of 15 lacs.secure job but u wont get any learning
: if u r from IT background u have to get a CGPA of 9+ to get risk
amit gupta: ohk dats ok,in IT also I have beenworking as analyst n I have gud exposure to business analytics-descriptive n predictive analytics.Anyways I am ok wid anything
: ok me gtg
: let me know if u get selected.atb
amit gupta: ok thnx boss bye gn catch u later ,sure sir

Hello Puys!

Do any of us have idea about what will be the work profile for those who will specialize in the IT field ?

* I was specifically told in my interview that we are looking for the IT background junta to fill in the IT roles at ICICI . :|

* What are the future prospects once you are in ICICI as IT manager ?

Sorry, if this has been discussed earlier but i looked back 5-6 pages and it wasn't.

mahesh2806 Says
Hey Puys ,, I took my GD/PI at Bangalore on Feb 4. Is there anyone from Bangalore who got the call from HR asking for the details ?? However I was asked by the HR during my PI about my family background as in what my dad, mom and siblings do.


Yes.. One of my frnd from 3rd Feb batch got the HR call regarding relocation..

Also, the intrvu panel too asked him about these details ( any blood relative... Willing to relocate )

hey puys here are answers to few of your questions...
1) why doesn't icici hire people from IIM's or ISB?
ans) if icici hires talent from iim's, it has to pay at least 12-15 lacs per annum to them and hire as management trainees and still it has to train them for the first year. so the first year these management trainees wouldn't be productive at all...and after the first year, these trainees would definitely expect minimal hikes.. guys hired from IIM's are very unstable, they switch over to other jobs for higher salaries.. I was part of the Bank Of America HR team and know abut the attitudes of people hired from IIM's and ISB.

2)why is icici looking for people like us?
ans) icici will spend around 11 lacs on each candidate for the 2 years of study(7.2 lacs stipend, around 3.5 lacs to the NIIT university as icici is giving us a subsidized fee, note- 4.5 lacs is the loan and we have to repay it). after 2 yrs, icici will hire all of us for 15 lacs per annum, as we will work with that for 3 yrs, each yr we can expect at least a 10% hike.. in the second half of the 3 yr, icici will again lauch a global leadership program which we all need to undergo and sign a bond for another 2 yrs and we will get promoted with little higher salary too..in all aspects icici is saving lot of money and will regain its investment on us after we join as managers..

3) will these 7 yrs exp with icici pay its rewards?
ans) yes it will, as we will have good amount of exp in the banking industry that too with icici and as now we already have more than 3 yrs exp.. at around 35 or 36(approximate) we will be at senior level positions... we can take GMAT and apply for executive MBA programs at world's top b schools with this level of exp..and we can keep hopes of getting admissions at stanford,harvard,insead etc etc.. now with the exp and the position that we have its really difficult to get an interview call even for an MBA program from these schools.. working with icici would be advantageous in long term too as we will be eligible to get into one of good b schools for exec MBA and then get a lift in our professional careers...

4) why is icici hiring people with experience?
ans) it needs middle managers should be around 32 yrs of age and so hiring people like us to meet its criteria. and its advantageous for it as we have exp and we know business etiquette and they don't have to impart separate trainings to groove people in the corporate world..

Puys ! Any idea when they gonna release the April cycle Merit list ?

hey puys here are answers to few of your questions...
1) why doesn't icici hire people from IIM's or ISB?
ans) if icici hires talent from iim's, it has to pay at least 12-15 lacs per annum to them and hire as management trainees and still it has to train them for the first year. so the first year these management trainees wouldn't be productive at all...and after the first year, these trainees would definitely expect minimal hikes.. guys hired from IIM's are very unstable, they switch over to other jobs for higher salaries.. I was part of the Bank Of America HR team and know abut the attitudes of people hired from IIM's and ISB.

2)why is icici looking for people like us?
ans) icici will spend around 11 lacs on each candidate for the 2 years of study(7.2 lacs stipend, around 3.5 lacs to the NIIT university as icici is giving us a subsidized fee, note- 4.5 lacs is the loan and we have to repay it). after 2 yrs, icici will hire all of us for 15 lacs per annum, as we will work with that for 3 yrs, each yr we can expect at least a 10% hike.. in the second half of the 3 yr, icici will again lauch a global leadership program which we all need to undergo and sign a bond for another 2 yrs and we will get promoted with little higher salary too..in all aspects icici is saving lot of money and will regain its investment on us after we join as managers..

3) will these 7 yrs exp with icici pay its rewards?
ans) yes it will, as we will have good amount of exp in the banking industry that too with icici and as now we already have more than 3 yrs exp.. at around 35 or 36(approximate) we will be at senior level positions... we can take GMAT and apply for executive MBA programs at world's top b schools with this level of exp..and we can keep hopes of getting admissions at stanford,harvard,insead etc etc.. now with the exp and the position that we have its really difficult to get an interview call even for an MBA program from these schools.. working with icici would be advantageous in long term too as we will be eligible to get into one of good b schools for exec MBA and then get a lift in our professional careers...

4) why is icici hiring people with experience?
ans) it needs middle managers should be around 32 yrs of age and so hiring people like us to meet its criteria. and its advantageous for it as we have exp and we know business etiquette and they don't have to impart separate trainings to groove people in the corporate world..


This is super info , now really feel very bad if not join.
kanthivenkat Says
Puys ! Any idea when they gonna release the April cycle Merit list ?


List will be out anytime dis week.

puys any idea,when we are going to get the result..? My PI was good . But dint' understood on what basis they are selecting the candidates. It would be a gr8 favour if anyone can answer me ... i frm working at IBM n total 3+ yrsof exp...plz help me out.
thnx atb . keep finger crossed.

puys any idea,when we are going to get the result..? My PI was good . But dint' understood on what basis they are selecting the candidates. It would be a gr8 favour if anyone can answer me ... i frm working at IBM n total 3+ yrsof exp...plz help me out.
thnx atb . keep finger crossed.


It will be out before 19th feb for sure.