Updated on: Monday, January 17, 2011
In the first of its partnership kind, the non-profit NIIT University and ICICI Bank, have come together to launch a Master of Business Administration (Finance & Banking) program.
The agreement was signed by Ms. Chanda Kochhar, Managing Director & CEO, ICICI Bank Ltd and Mr. Rajendra S Pawar, Founder, NIIT University.
The two year program 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 the students would directly assume middle-management responsibilities in ICICI Bank.
Remarking on this partnership, Ms. Chanda 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".
Speaking about this venture, Mr. Rajendra S Pawar said, "This MBA Program will groom research minded managers for the Century of the Mind".
The program is expected to commence from April 2011.