INDIAN OVERSEAS BANK RECRUITMENT OF 480 PROBATIONARY OFFICERS THROUGH TIE-UP WITH ACADEMIC INSTITUTION

Job Title : Probationary Officers in Junior Management Grade Scale-I

Qualification : 

• Graduation from a recognised University/Institution with minimum 60% Marks. 
• For Candidates belonging to SC/ST/PC category minimum 55% Marks. 
• Graduation results should be declared by the University/Institution on or before 01.09.2013. 
• The candidates should produce the Semester/Year wise Mark Sheets, Consolidated Degree Mark Sheet and Provisional Certificate at the time of Interview, failing which the candidates will not be allowed to attend the Interview.

Age Limit :

• Minimum Age : 20 Years
• Maximum Age : 28 Years
• Relaxation in maximum age for SC/ST/OBC/PC/Ex-Servicemen will be as per extant Government Guidelines. 

Job Description :

Indian Overseas Bank, a Nationalized Bank with pan India presence has entered into a MoU with Manipal Global Education Services Pvt. Ltd (MaGE), Bangalore a leader in education field to provide World Class training in Banking and Finance to prospective candidates aspiring to join Indian Overseas Bank as Probationary Officers so that they are fully equipped to discharge their duties effectively from day one of joining the services of the bank.

We are looking for young, qualified and dynamic graduates who can be inducted into Indian Overseas Bank as Probationary Officers in Junior Management Grade Scale-I after imparting them with the necessary knowledge and skills required for allround bankers through the 1 year Post Graduate Diploma in Banking and Finance course in Indian Overseas Bank Manipal School of Banking (IOBMSB).

On successful completion of the programme, the programme participants would be awarded a Postgraduate Diploma in Banking & Finance (PGDBF) by Manipal University and would be absorbed as Probationary Officers in Indian Overseas Bank.

Candidates are requested to apply only through online between 10.07.2013 and 29.07.2013 through our Bank’s website www.iob.in. No other means/mode of application will be accepted.

Important Dates :

OPENING DATE FOR ONLINE REGISTRATION : 10.07.2013

CLOSING DATE FOR ONLINE REGISTRATION : 29.07.2013

PAYMENT OF APPLICATION FEE /INTIMATION CHARGE : 10.07.2013 to 29.07.2013

DOWNLOAD OF CALL LETTERS FOR ONLINE EXAMINATION (TENTATIVE) AFTER  : 19.08.2013

TENTATIVE DATE OF ONLINE EXAMINATION : 01.09.2013

TENTATIVE MONTH OF INTERVIEW : SEPTEMBER / OCTOBER 2013

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ICICI BANK Probationary Officer Training Programme November 2013

Probationary Officer Training Programme :

Probationary Officer Training Programme is an initiative of ICICI Bank to attract young talent who wish to pursue a career in banking. It is designed to develop specialists with banking knowledge and skills to fulfill the future need of trained bankers.

It is a one year full time residential training programme, conducted at ICICI Manipal Academy campus, Bangalore. Applicants joining the Probationary Officer Training Programme will be enrolled for MBA in Banking and Finance with Manipal University, an UGC recognized University.

Since its inception in 2007 more than 6,800 students have joined the Bank and currently 1,900 students are undergoing the training at the ICICI Manipal Academy Campus in Bangalore.

MBA (Banking & Finance) program consists of two phases :

Phase I (12 months): This phase comprises of 9 months of on-campus classroom training & 3 months of internship in ICICI Bank. Upon successful completion of this phase, participants are awarded a Post Graduate Diploma in Banking (PGDB).

Salient Features of Probationary Officer Training Programme:

The training has a blended curriculum with instructor led classroom sessions, e-learning and internship at ICICI Bank branches/offices.

The training imparts knowledge and skills in core banking (banking products,banking operations, channels and customers, receipts and payments, etc). The trainees will have the opportunity to specialize in one of the following areas in banking:

1. Trade Finance & CMS.
2. Branch & Relationship Management.
3. Private Banking & Wealth Management.
4. Rural and Inclusive Banking.
5. Any other Profile as decided by ICICI Bank.

• The participants are put through a very rigorous training with special emphasis on application of knowledge and overall development of personality.
• The classroom sessions (9 months) are conducted at the ICICI Manipal Academy and internship (3 months ) at any ICICI Bank branch or office (within India).
• The Probationary Officers are paid stipend for the first 9 months to meet the out of pocket expenses and a higher stipend during internship.
• The Probationary Officers will get an assured employment with ICICI Bank on successful completion of the Probationary Officer Training Programme.
• The faculty is comprised of experienced professionals in the domain of banking and finance and behavioral sciences. There is a special focus on the overall grooming of the individuals and that is further facilitated through a learning environment that is created through lectures delivered by experts from ICICI Bank and the banking industry.
• The campus is equipped with the best educational infrastructure e.g. air-conditioned classrooms, video conferencing rooms, auditorium, well stocked library, boarding and lodging facilities, recreation and sports facilities, etc. The residential nature of the programme ensures that the Probationary Officers imbibe the culture and values of ICICI Group.
• Phase II [Optional] (18-30 months): This phase comprises of 18 months of Online Training (3 Semesters). It is designed to provide managerial skills to the students. This phase commences after the students join the Bank. It provides an opportunity to complete the training programme while working. On completion of this phase by participants who opt for it and pay the requisite fee, an MBA( Banking and Finance) is awarded by the Manipal University. Students have the option of completing Phase II in 30 months. MBA degree will be conferred only on the successful completion of both Phase I and Phase II.

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