IFBI is an NIIT Venture with equity participation by ICICI Bank. It is the coming together of two leaders in their respective fields acknowledging the need and the opportunity of the times.
IFBI reflects the strengths of both these parents. NIIT's expertise in the design and conduct of distributed non-formal education and its experience of manpower-development for India's IT sector, are combined with ICICI Bank's domain-knowledge across the spectrum of financial services and its leadership status within the banking sector. IFBI offers an unbeatable combination for the student, and the industry.
Recognising that the limits to growth of this sector in India may come from scarcity of talent, one focus area of IFBI is to groom entry-level professionals in Banking and Insurance. Re-skilling existing professionals in the Financial Services sector - who are being overwhelmed by reforms, technology advancements and changes in attitude & approach in this sector - is another focus area for IFBI.
Enhancing the skills of existing practitioners by providing them knowledge in emerging areas like capital and commodities markets is another dimension of professional development that IFBI intends to pursue.
The financial services professional of today reflects the same changes - in addition to being an expert in his domain, s/he is today thoroughly hands-on application-oriented, technology-savvy and customer-friendly.
IFBI's offerings are designed in this context of modern-day Banking, Insurance and Financial Services by developing competencies on 4 dimensions - domain, technology, application and customer-service. These 4 competencies are the defining characteristics of IFBI's programs of study and of students and professionals groomed by it.
The Post Graduate Diploma in Banking Operations (PGDBO) is a 6-month full-time program that aims to create industry-ready professionals at an entry-level, endowed with the knowledge, skills and attitudes of Modern Banking.
Three months of classroom training are followed by three months of supervised Internship at a Bank. This Internship component is evaluated, and forms part of the requirements for successful completion of the PGDBO. On one hand the Internship component ensures the integration of all knowledge and skills acquired, and on the other, becomes the live practice-ground for application-orientation, IT applications and customer-servicing.
The student that emerges from this 6-month program indeed possesses the knowledge, application and skills of the Modern Banker eventually leading to a Global Banking Professional in the wake of the ensuing Global Liberalization Regime. This is made possible because of the strong hands-on orientation of the program (specially including the Internship component) thus ensuring the student is fully industry-ready and productive from the first-day-first-hour of employment.
Given below is the list of subjects
Fundamentals of Finance (with IT Embedded)
Indian Financial System
Financial Math
Financial Accounting
Basics of Information Technology
Professional Skills
Professional Communication
Soft Skills
Overview of Banking
Overview of Banking (BOB)
Retail Banking - I
Retail Banking 1
Retail Banking - II
1. Retail Banking 2
ASBO Application Software in Banking Operations - Finnacle
Post Graduate Diploma in Banking & Financial Services (PGDBFS) is a three term program which enables the student to broad base his or her career options in the BFSI sector. Besides covering important foundation and core modules in banking and financial services in the first two semesters, it provides an opportunity to specialize in one of these two areas in the third term. This program is unique in both its content as well as its methodology and the contents are distilled from the real-life experience of practicing finance professionals.
The Honours Diploma in Banking & Financial Services (HDBFS) is designed to create industry-ready dayone-hour-one productive professionals. The HDBFS program equips a person with the necessary knowledge, skills and attitude, thus making the person a sought after professional by the Banking and Finance sector organizations.
The Honours Diploma in Banking & Financial Services (HDBFS) is a four term program which enables the student to broad base his or her career options in the BFSI sector.
Placement Assistance is offered for the entry-level long-duration programs. IFBI also has tie-ups with banks that provide guaranteed employment at the end of select programs for select students, before the program begins.