Business Daily from THE HINDU group of publications Wednesday, Oct 17, 2007 ePaper |
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Industry & Economy
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Education Money & Banking - Human Resources States - Karnataka
Anjali Prayag Bangalore, Oct. 16 ICICI Group has partnered with Manipal Education to select and train its entry level managers and probationary officers. The ICICI-Manipal Academy of Banking and Insurance has already started the selection process for the PG diploma in banking and insurance, according to Mr Anand Sudarshan, Managing Director and CEO, Manipal Education. Selection for the first batch of 1,000 people has begun and the programme is expected to start in December, he said. The 12-month programme comprises nine months of campus education and three months on the job. Currently, Manipal Education has two campuses: in Hyderabad and Manipal. “Next year, we want to increase the batch strength to 2,000,” Mr Sudarshan said. The ICICI Group will pay the fee for the programme and pay a reasonably ‘good’ stipend during the programme. “The group will also absorb all the students after successful completion of the course,” he said. About 100,000 people have applied for the programme, targeted at Tier 3 and 4 towns. Manipal Education is also training entry level talent in phone banking and insurance services for ICICI Group, according to Mr Sudarshan. This is part of the professional skills initiative that Manipal Education launched a few months ago. Mr Sudarshan said that Manipal Education is looking at similar tie-ups with other corporates in the areas of retail, engineering, telecom, infrastructure, media, IT and BPO. More Stories on : Education | Human Resources | ICICI Bank Ltd | Karnataka
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