(Notification) Recruitment of Probationary Officers at ICICI Bank - 2016

Post Graduate Diploma in Banking (PGDB) Programme is an initiative of ICICI Bank in partnership with Manipal University. The Probationary Officers training programme aims to attract young talent who wish to pursue a career in banking. It is a vocational training programme designed to develop a pool of first level managers with banking knowledge and required skill-sets to perform efficiently in their day-to-day activities.

Programme Highlights

One year full time residential programme conducted at ICICI Manipal Academy (IMA) campus, Bengaluru including internship and on-the-job training at ICICI Bank
The programme focuses on balanced approach of providing inputs of relevant knowledge, developing deep banking skills and shaping required behaviors
The training imparts knowledge and skills in core banking areas like banking products, processes, systems, regulations and compliance frameworks involved in day-to-day operations
With more than thousand real-life case studies on service, sales and compliance themes interwoven in the course curriculum, the new curriculum lays greater emphasis on skill building of the Probationary Officers so as to enable them to deliver productivity from day one
Innovative pedagogy tools such as Co-teaching attempt to enrich the end-to-end learning experience of the trainees
The faculty is regularly trained not only by experts from ICICI Bank but also by experts from leading foreign universities
State-of-the-art Infrastructure with Computer Lab facility and a Simulator Branch & Processing Centre for experiential learning
The students have the opportunity to specialize in different areas of retail banking
On successful completion of the training programme, students are absorbed in ICICI Bank as frontline managers in Deputy Manager Band I grade, in addition to being awarded the Post Graduate Diploma in Banking from Manipal University
A cashless bridge in the form of a loan is provided to all participants to fund the cost of the programme
A monthly stipend is paid to students both during campus terms & internship
More than 14,000 students have been associated with the programme and more than 12,000 students have since graduated from the programme

Programme Structure

The programme structure is as follows:

Term 1 (4 months) - Classroom training at IMA, Bengaluru
Term 2 (2 months) - Internship at ICICI Bank
Term 3 (2 months) - Classroom training at IMA, Bengaluru
Term 4 (4 months) - On-the-job training at ICICI Bank

Eligibility Criteria

Those who have completed graduation with 55% (Aggregate) marks in any discipline.
Up to 25 years of age as on 31st December 2016 (Should have been born on or after 31st December 1991).
Only shortlisted applicants will be invited for the selection process

The above will be considered as the threshold criteria for shortlisting.

Selection Process:

The selection process for ICICI Bank Probationary Officer will comprise of

Online Aptitude test
Online Psychometric Questionnaire
Case-based Group Discussion (GD)
Personal Interview (PI)
Merit List

*The GD and the PI (only for applicants who successfully clear the GD) will be concluded on the same day.

Fees of the Training Programme

The Probationary Officer Training Programme is a cashless bridge to managerial jobs for aspiring students. To pursue the Probationary Officer Training Programme, the interested students will have to invest

Rs.3,62,250/- (Loan amount of Rs.3,15,000/- Plus applicable Service Tax, which is presently at 15%)
Rs.16,354/- (Cost of Tablet + Cover + SD Card + VAT)
Total amount: Rs.3,78,604/-

Students have an option of either availing an education loan from ICICI Bank or of self-funding the course fee.

After completion of the Training Programme, the Probationary Officers will be absorbed as Deputy Manager Band I in the Bank.