The selected students will go through a
nine-month Course (Campus programme) 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.
Various processes specific to Indian Bank, including training on the Bank’s technology platform will be incorporated within the curriculum itself. 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.
I. Campus:
The programme offered at Indian Bank Manipal School of Banking (IBMSB) is fully residential and the participants will have to necessarily stay in the campus. Apart from professional studies, the campus life would be an essential part of the training of the participants.
II. Curriculum:
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.
III. Programme Delivery:
Classes will be held
five days a week from
Monday to Friday with Saturday devoted to Elearning and Sunday being a weekly holiday. Formal classroom sessions will be of
75 minutes duration. There will be 6 sessions each day. Programme delivery will be in the form of classroom 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.
IV. Attendance Requirements:
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.
V. 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 appropriate medical insurance policy to cover themselves.
VI. 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 award of the postgraduate diploma, a participant has to fulfill the following requirements:
1. He/ she should have taken and passed in each course of study as prescribed in the curriculum to earn atleast the minimum number of credits specified for that particular course.
2. The participant acquires not less than the minimum required credits at the end of the programme.
3. The participant satisfactorily fulfils other academic requirements (as specified in the course of Study/ curriculum) like practical training, work visits, seminar, project etc. and completes the internship programme.
Final Placement at Indian Bank
All the candidates who complete the "POST GRADUATE DIPLOMA IN BANKING AND FINANCE" and are awarded the Diploma will be eligible for appointment in JMG I as Probationary officers in Indian Bank. They will be fixed in starting pay scale as applicable to JMGS I Officer.