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CON.FM01:16

1. BACKGROUND:

Institute of Finance Banking and Insurance (IFBI) has been set up to cater to the manpower requirementsof the exponentially growing Finance sector in India and internationally, and has been significantly

contributing to the BFSI sector since its founding in 2006. IFBI has trained over 15,000 existing BFSI

professionals since October 2006. IFBI, which also offers individual education to career-seeking students

through its education centres, has delivered over 6000 industry-ready professionals to the BFSI sector since

2007.

IFBI offers career programs in the domain of Banking, Finance, Accounting & Insurance for graduates

and college students who are inclined towards making a successful career in these fast - growing sectors.

These programs are designed to offer necessary employability skills that broad base the career options for a

student.

IFBI was jointly set-up by NIIT, Asia's No.1 in IT Education and Training and ICICI Bank, the No.1

Private Sector Bank in India. NIIT's expertise in the design conduct of distributed non-formal education

along with its experience in manpower development of India's IT sector, combined with ICICI Bank'sdomain knowledge across the spectrum of Finance and its leadership status within the banking sector,

makes IFBI an unbeatable combination for both the students and the industry.

2. PROGRAM ON OFFER:

IFBI offers following career programs for Graduates and College students:

S.NO

PROGRAM NAME

ELIGIBILITY

FOR GRADUATES*

FOR COLLEGE STUDENTS

1

Post Graduate Diploma in Banking Operations

Graduation (regular);

>50% in X,XII & graduation

Born on or after 1st Aug1984

NA

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2

Insurance Learn Earn Advance Program**

>=45% in graduation, XII, X== 50% marks in graduation

Pursuing graduation, preferably with >= 50% marks

4

Post Graduate Diploma in Banking & Financial Services

5

Advanced Diploma in Banking & Financial Services

NA

6

Diploma in Banking & Financial Services

Completed graduation

7

Certificate in Banking & Financial Services

8

Certificate in Retail Banking

9

Diploma in Finance & Accounting

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Completed graduation, preferably, with >=50% marks

*Graduates with work experience between 0 to 2 years can also apply. **Valid at Select Centres.

3. ELIGIBILITY FOR PLACEMENT SERVICES:

The placement servicesinclude interviews with leading BFSI organization, grooming & personality

development sessions including mock interviews at IFBI. The services offered under placement facility

would be governed by terms & conditions. All programs of IFBI are not offered with Placement Facility.

4. THE IFBI ADMISSION PROCESS

To get admission to an IFBI program, a candidate needs to clear the IFBI admission process that

involves IFBI Common Entrance Tes/ and /or Perosnal Interview with IFBI faculty panel.

Program

Test

Interview


Yes

Yes

Honours Diploma in Banking and Financial Services

Yes

Yes

Post Graduate Diploma in Banking and Financial Services

Yes

Yes

Advanced Diploma in Banking and Financial Services

Yes

Yes

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NA

Yes


NA

Yes

Insurance Learn Earn Advance program (ILEAD)

Yes

Yes

Certificate in Banking and Financial Services

NA

NA


NA

NAStudents enrolled for DBFS can apply for upgrade to PGDBFS/HDBFS based on specific criteria.

5. HOW TO APPLY

All candidates seeking admissions for IFBI Programs need to apply in the prescribed Application Form.

Application Form can be obtained from any IFBI center or can be downloaded from www.ifbi.com.

Candidates can fill up Application Form collected from the center or downloaded from IFBI website or also

can apply & pay online by going to www.ifbi.com.

6. STEPS TO APPLY ONLINE(Another option to apply)

Candidate also has the option of applying online by following the steps below:

a. Log on to www.ifbi.com and go to the link at www.ifbi.com/apply-online.html

b. Fill up the Application Form

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c. Indicate mode of Payment

d. Make Note of the Application ID for all future references.

e. Submit Application form on the web.

f. Take print out of the filled Application Form

7. IMPORTANT DOCUMENTS TO BE SUBMITTED

As mentioned in point 14.

8. HOW TO SUBMIT APPLICATION FORM?

Candidates who have filled up Application Form, in writing or taken print out of online filled form, need

to physically submit IFBI Application Form, along with the photocopies of the required documents and the

Fee, using one of the three methods as mentioned below:

a. Visit the IFBI centre personally and submit Application Form along with the enclosures mentioned

above.

b. Send a representative on behalf and submit Application Form along with the enclosures mentioned

above.

c. Send it through Courier/Speed Post/Post to IFBI centre where the candidate wishes to pursue the

program with the enclosures mentioned above. The application fees can be paid by a Cheque/Demand Draft

The Cheque/Demand Draft should be made in favor of NIIT Institute of Finance Banking and

Insurance Training Ltd payable in the same city as the IFBI centre where the candidate wishes to enroll.

Candidates must ensure that they prima-facie fulfill the stated eligibility requirements.

9. LAST DATE TO SUBMIT THE APPLICATION FORM:

Completed IFBI Application Form must be submitted at IFBI centres before 6.00 PM on the last date of

application.

10. ABOUT IFBI COMMON ENTRANCE TEST (ICET)

a. The candidate has to appear for IFBI Common Entrance Test (ICET).

b. The duration of ICET would be up to 55 minutes. This test requires no separate preparation. However

it is preferable that the candidates are familiarwith the pattern of the question paper.

c. Application Form of the candidates who fail to be present at the stipulated time & venue for the ICET

will be nullified and the candidate will have to apply fresh.

d. Since the ICET is an on-line test, candidates are advised to practice their keyboard skills and become

familiar with on line tests by taking an online practice test at IFBI's web site - www.ifbi.com

11. PERSONAL INTERVIEW + TEST RESULT DECLARATION

a. The test results will be declared post completion of taking test and personal interview.

b. Based on the performance in the personal interview and test, the candidates will be categorised and an

appropriate program offer will be made to the candidates.

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c. The candidate will be informed of his selection for the program during the personalised counseling .

d. The candidate is required to carry the following original documents for the personalised counseling .

I. Proof of Date of Birth (copy of class X certificate / PAN card / Passport / Voter id. / Driving

License)

ii. For Graduate: Original Mark Sheet of Class 10th, 12th & Graduation and Degree Certificate

iii. For 2nd / 3rd year college student: Orignal Marksheet of class 10th, 12th & Ist year / 2nd year of

college

iv. Post Graduation Certificate & Mark sheet (If Applicable)

v. Work Excperience papers (if applicable)

e. Selected candidates should confirm their acceptance by paying non-refundable Admission Fee as

applicable.

f. The Admission Fees can be paid in the form of Cash or through Cash, Credit /Debit card, Cheque orDemand Draft favouring NIIT Institute of Finance, Banking and Insurance Training Ltd, payable at the

preferred city location as chosen in IFBI application form.

12. FEE STRUCTURE

Program

Fees (in Rs)

Applicable Fee (in Rs) for current academic session

Post Graduate Diploma in Banking Operations(PGDBO)

85000


72000

Post Graduate Diploma in Banking and Financial Services

55000

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Advanced Diploma in Banking and Financial Services

55000

Diploma in Banking and Financial Services

35000

Diploma in Finance and Accounting

35000

Insurance Learn Earn Advance program (ILEAD)

43000

Certificate in Banking and Financial Services

17000


12000

*Taxes/applicable levies extra.

13. IMPORTANT DATES FOR ADMISSION ( To be filled by Admission Executive)

LAST DATE/COMMENCEMENT DATE DATE

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LAST DATE FOR SUBMITTING APPLICATION FORM

ICET TEST DATE

LAST DATE OF REGISTRATION FEES

BATCH COMMENCEMENT DATE

14 IMPORTANT DOCUMENTS

Please dont forget to bring following the original documents at the time of Interview:

1. Three Copies of passport-sized photographs

2.(i) For Graduate: Photocopies of Class X, XII & Graduation Mark Sheet, Graduation Degree

Certificate, PG mark sheet & PG Certificate (If applicable)

(ii) For 2nd / 3rd year college student - Photocopies of X, XII, 1st / 2nd year marksheet

3. Proof of Date of Birth (copy of class X certificate / PAN card / Passport / Voter id. / Driving License)

4. Application fees of Rs. 500.00 (Rupees Five hundred only) through Cash, Credit /Debit card, Cheque

or Demand Draft. Cheque / D D should be in favour of NIIT Institute of Finance Banking and Insurance

Training Ltd payable at the preferred city location as chosen in IFBI application form.

5. Work experience papers (if applicable)

15. CONDITIONS ASSOCIATED WITH PLACMENT ASSISTANCE FACILITY [for select programs

only]

Students selected for career programs (select programs only) can availa Placement Assistance Facility

extended by IFBI. Student needs to register themselves for availaing this facility. Under this facility,

student will be provided a maximum of three opportunities of interviews by the Partner ORganizations

associated with IFBI.

1. Placement Assistance facility is available only if the student:

i. has successfully completed graduation with >=50% aggregate marks and is able to produce proof of

the same.

ii. has completed the program with:

A minimum of 60% aggregate in each Term

At least 50% marks in each Module Test (within stipulated attempts)

A minimum of 85% attendance in each Term.

iii. must be less than 27 years of age at the time of completing the program or SOL whichever is

earlier.

iv. must have registered for Placement Assistance Facility by filling the Placement Registration Form.

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v. has availed the facility within Statute of Limitation(SOL).

vi. must be medically fit and able to produce the proof of the same.

vii. accepts any other eligibility criteria / qualification criteria / employment conditions specifically

stated by the Partner Organization.

viii. has shown continuing and participative interest during the program and for placment and selection

processes extended by IFBI.

2. the student may be posted at any office of the Partner Organization in India or aAbroad.

3. Under this facility, student will be offered a maximum of three opportunities of interviews by the

Partner Organizations associated with IFBI. If offer made by IFBI Partner Organization through this

facility, then Placement Assistance facility is deemed as completed and no further interview opportunity

will apply.

4. Students may need to travel to interview location/city for conduct of interview. Travel cost will beborne by the student.

5. The student acknowledges that the terms & conditions of employment and proposed profile offered to

the student are sole prerogative of the Partner Organization and therefore IFBI shall not be, in any manner,

responsible for the same.

6. The Placement Assistance offered herein shall in no event be construed to be a promise for placement.

Please note that additional requirements may be specified in special situations.

16. REGULATIONS FOR IFBI PROGRAM with INTERNSHIP FACILITY [For Select Programs only]

Internship is not an integral part of all IFBI Programs. Only certain programs [like PGDBO] will offer

Internship. Since Internship takes place at the premises of Partner Organization, student is assignedresponsibilities similar to employees at the Organization. Internship has some special obligations in

addition to the academic rules and regulations. These include but are not limited to the following:

1. The student is bound by the rules, regulations, timings, administrative procedures and discipline

requirements of the Partner Organization and must necessarily comply with their policies and must ensure

safe keeping and confidentiality of all material and information entrusted to him/her.

2. Internship may take place at any organization approved and provided by IFBI at any location across

the country.

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3. The student is required to bear boarding, lodging and all incidental expenses during the period of

Internship.

4. The student is expected to have successfully cleared the class work phase with:

A minimum of 60% aggregate in each Term

At least 50% marks in each Module Test (within stipulated attempts)

A minimum of 85% attendance in each Term.

5. The student should not have any blood relative/spouse working in the Partner Organization and should

not have applied directly to the Partner Organization earlier.

6. The student acknowledges that assignment of work, as part of the internship/final placement is the sole

prerogative of the Partner Organization. Therefore, he/she may be assigned the work as per requirement by

the Partner Organization, which is allied/ancillary/incidental to the IFBI Program. The said work shall be

deemed part of the internship facility/final placement.

Please note that additional requirements may be specified in special situations.

Documents

fee @ifbi