Career @ ICICI Bank, India
ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial
institution, and was its wholly-owned subsidiary. ICICI's shareholding in ICICI
Bank was reduced to 46% through a public offering of shares in India in fiscal
1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000,
ICICI Bank's acquisition of Bank of Madura Limited in an all-stock amalgamation
in fiscal 2001, and secondary market sales by ICICI to institutional investors
in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative of
the World Bank, the Government of India and representatives of Indian industry.
The principal objective was to create a development financial institution for
providing medium-term and long-term project financing to Indian businesses.
In the 1990s, ICICI transformed its business from a development financial
institution offering only project finance to a diversified financial services
group offering a wide variety of products and services, both directly and
through a number of subsidiaries and affiliates like ICICI Bank. In 1999, ICICI
become the first Indian company and the first bank or financial institution from
non-Japan Asia to be listed on the NYSE.
Ever had a question about what to do after your 12th? where to go after your
college? how to land that job of your dreams? Find your answers right here. Meet
Our Expert. Jayanti Ghose is a Career & Education Consultant. Her research in
the area of career counselling and guidance spans almost two decades. She is the
most widely read career counsellor through her regular weekly columns in the top
prominent dailies published from Mumbai, Delhi, Kolkata, Ahmedabad, Pune, Patna,
Lucknow, Bhopal, Chandigarh, and many other cities across the country, a
fortnightly column in Economic Times and contributions to corporate journals as
also related content in the innumerable educational portals on the Internet.
From 1985 through 1990, she pioneered the concept of career counselling in the
premier schools and colleges all over India. In the 90's, she popularized career
writing in the print media. She is also actively involved in personal and group
counselling. Her ongoing research and intuitive understanding of the subject of
education and careers has enabled her to help thousands of students and
mid-career professionals in their search for the best career opportunities. As
one of the most prolific writers on careers, she has to her credit books titled
The UBS Career Guide (1996), How to Plan Your Career (1997), The UBS
Encyclopedia of Careers (2000), A Handbook of Jobs and Careers (2003) and The
HarperCollins Encyclopedia of Careers(2003). Her books and articles have been
translated into various regional languages, namely, Hindi, Marathi and Urdu.
Jayanti Ghose is a resident of Mumbai. She holds an Honours degree in Economics
and a degree in education.
Post Graduate Certificate in Securities Markets
ICICI Bank has partnered with National Institute of Securities Markets (NISM)
to launch Post Graduate Certificate in Securities Markets (PGCSM). The programme
aims to create professionals such as Treasury dealers, Fund Managers, Analysts,
Institutional Sales Professionals, and Investment Advisors in the securities
markets. This partnership is part of ICICI Group's strategy to capacitise for
The duration of the programme is for one year. The programme curriculum is
aligned with the needs of the industry. The unique design of the programme
focuses on providing a high degree of industry exposure, by academic and
functional experts, from the BFSI sector. The Programme has the much-desired
blend, wherein students will undergo the industry-linked internship at ICICI
Group for a period of six-months during the one- year course duration.
PGCSM programme in Securities Markets will be conducted at NISM campus at
The Programme is designed with the view to providing the students with the
optimum blend of theory and practice. The course structure is as follows:
- Term 1 & 3 (6 months) - Classroom training (at NISM).
- Term 2 & 4 (6 months) - Internship at ICICI Group.
MBA (Finance & Banking) Programme Structure
ICICI Business Leadership Programme is an initiative by ICICI Bank in
partnership with NIIT University to deliver Master of Business Administration
(MBA - Finance & Banking) programme with specialisation in finance and banking.
It aims to provide opportunities to professionals, who demonstrate an aptitude
for the banking industry, to get identified and nurtured as future business
leaders. It provides a career leap to business leadership positions and an
opportunity to serve corporate India.
The unique design of the programme focuses on providing high degree of
industry exposure, by academic and functional experts from the financial domian
and banking industry. The programme has a desired blend, wherein students will
undergo six months module of industry linked internship at ICICI Bank twice
during the 2 year course duration.
Probationary Officer Recruitment
Probationary Officer Recruitment is an initiative by ICICI Bank to attract
bright graduate students to pursue a career in banking. It is designed to
develop specialists with banking knowledge and skills to partially fulfill the
future need of trained bankers.
The programme is one year full time residential training programme which is
conducted at ICICI Manipal Academy campus at Bangalore. Those who successfully
complete the PO training are awarded a Post Graduate Diploma in Banking and are
absorbed as Assistant Manager- I grade in the Bank .
Career option with ICICI Bank
ICICI Bank follows a meritocratic and performance oriented culture where
deserving employees are given responsibility ahead of time. The POs on being
absorbed into the ICICI Bank, will automatically be a part of the prevailing
performance Management cycle and their growth will depends solely on their
performance and delivery on the job.
Placement at ICICI Bank
On successful completion of the course students will be absorbed at ICICI
Bank as an Manager-II grade or above based on duration of prior work experience.
The starting remuneration on Cost to Company basis for students will be in the
range of Rs.15 lacs and above [per annum]. The students who participate in
this programme will need to sign a Rs 20 lacs bond with ICICI Bank. Post
successful completion of the course, the students will be required to work for
ICICI Bank for a minimum period of 3 years. If any student thereafter chooses to
leave the services of the Bank within 3 years of joining, he would be required
to reimburse Rs. 20 lacs, towards cost of education and stipends paid and the
opportunity lost for the organization. For the purpose of grant of subsidized
loan, academic certificates of such students will be retained by ICICI Bank for
the period of loan as a security.
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