Meeting the Demand

Updated on: Tuesday, August 23, 2011

The Institute for Finance, Banking and Insurance (IFBI) conducted a seminar for graduates on August 20, at Gyan Manch. This seminar was exclusively for those who want to take up banking as a career option. SK Ghosh, regional training head, Canara Bank, and Lakshmi Madhavan, senior faculty, IFBI LTD, graced the occasion.

The banking sector is a booming one in terms of job offerings due to the rise in economy, making it a possible career option for many young people, hungry for jobs. The main motive of this seminar was to inform and educate the audience about IFBI, its workings, the current state of the banking sector and job opportunities. “The banking industry, the society need young people to know and avail these jobs,” said SK Ghosh, the chief guest. Through the interactive sessions of the seminar, the speakers also informed the young graduate students about the preparation and qualifications required for these jobs, the pay scale, benefits and scope.

Established by NIIT in association with ICICI BANK in 2006, IFBI has been working to cater to the manpower requirements of the ever-growing financial sector of the country, and abroad. It grooms aspiring bankers into professionals for the modern day banking, financial services and insurance sector, by developing competencies on four aspects - domain, technology, application and customer-service. Since its inception in 2006, IFBI has launched over 12,500 careers in 18 organisations, like ICICI Bank, HDFC Bank, Kotak Mahindra Bank, ICICI Lombard, ICICI Prudential, in functional roles such as, customer acquisitions (sales), front-office operations, back-office operations, wealth management, customer service, phone- banking etc.

“With the growing banking sector and foreign expansion, more and more people want to join the banking sector. As banking grows, the demand for work power grows with it. Today, banks want people with a ‘can do’ attitude, and that is exactly what we groom our students to become,” says Lakshmi Madhavan.

The seminar was presented in the presence of a packed house of aspiring bankers at Gyan Manch.

More Education news

• Entrance exams to be time-bound
• IAF to select crew for India's 1st manned mission to space
• Kids dont give words special power to mark their worlds
• Faculty shortage in IITs
• Indian-origin scientist Ramakrishnan honoured with knighthood
• Education for special children has a long way to go, finds survey
• Admission process: Engineering aspirants get boost
• Controversy, scams bent the learning curve
• Good science is not possible without freedom of thought: Ramakrishnan
• Panels to monitor SSA
• DU may allow Pak student with poor attendance to take exam
• Direction to issue appointment letters within 6 weeks
• Indians in Malaysia urged to safeguard Tamil language
• JK govt to suspend principals of zero pass rate schools
• Decks clear for AMU Centre in Bihar
• MP medical admission scam: Guilty students to face action
• TN to recruit 7,000 teachers for govt schools-
• State common board to examine Samacheer kalvi syllabus
• Rs 151 crore sanctioned for DD Upadhyay College building
• Balaji Telefilms to sell education, mobile content biz for Rs 8.37 cr