Updated on: Wednesday, January 12, 2011
In a first of its kind partnership, the not-for-profit NIIT University and ICICI Bank Ltd, India’s largest private sector Bank, have come together to launch a Master of Business Administration (Finance and Banking) programme.
The agreement was signed today by Chanda Kochhar, Managing Director and CEO, ICICI Bank Ltd and Rajendra S Pawar, Founder, NIIT University. This two-year programme combines conceptual rigour with experiential learning through a unique collaboration between the domain expertise of the University, and the functional expertise of the banking industry. The students will also undergo an industry-linked internship at ICICI Bank during the course duration.
On successful completion of the programme the students would directly assume middle-management responsibilities in ICICI Bank. The programme is expected to commence from April 2011.
Commenting on this partnership, Kochhar said, “India today is poised at a unique moment in its history, with prospects of sustained high growth driven by strong fundamentals. The financial sector will support and indeed catalyse India's robust and inclusive growth process. To take full advantage of this environment, the country needs business leaders with a high degree of knowledge, analytical skills, business acumen and people management skills. This tie up is a step towards
grooming such leaders."
“This MBA programme will groom research minded managers for the Century of the Mind,” said Pawar.