Friday, March 15, 2013

FEDERAL BANK

FEDERAL BANK
CLARIFICATION

Change in ELIGIBILTY: As mentioned earlier, with one change: Aggregate 60% is sufficient for Graduation. 

Details of the offer by Federal Bank:

Program details:
Selected students will undergo a a one year program (9 months campus program and 3 months internship at a Federal Bank  branch.)
The course and the curriculum is tailored to develop the students and to make them job ready by the end of one year. The curriculum will include subjects on General Management, Banking, Finance, Economics, Law and various soft skill training. The curriculum also includes a comprehensive study of the Bank processes, rules, procedures, manuals, products and its technological platforms used for various banking applications. The students will also be provided with a dummy Bank branch at the campus for a practical experience of banking.


Curriculum

The PGDBF would be a one-year programme comprising of four trimesters. First three trimesters would be conducted on Campus at Federal Manipal School of Banking (FMSB). The fourth trimester would be devoted to internship at a designated Federal Bank Branch.

Course Credits: Credits have been assigned to each course based on the hours of study/learning and other associated activities like case studies, tutorial discussions, case-presentations, lectures, library work and practical-work in laboratories etc.

The Course curriculum, course contents and course structure may however undergo change as per decision and requirements from time to time and as approved by Federal Bank, Manipal Global Education Services and Manipal University.


Stipend
A stipend amount as mentioned below will be paid to the students during the entire duration of the one year course.

Rs. 2,500/- per month during the nine months Campus period
Rs. 10,000/- per month during the internship period
Fees

The complete course fee is Rs. 3.30 lakhs (Rupees Three Lakhs Thirty Thousand only) plus applicable service tax payable in three equal installments within 7 days of the commencement of the first three trimesters. Bank will sanction an educational loan to desirous candidates  at  a  concessional rate of interest.


Reimbursements

The Bank will reimburse Rs. 1 Lakh plus interest on  loan on completion of 5 years of meritorious service to the satisfaction of the Bank.


Location

Federal Manipal School of Banking is located in the northern part of Bangalore on the main road leading to the airport at Devenhalli. The exact address of the Institute is as follows:

Federal Manipal School of Banking,
Hegde Nagar Main Road

MANIPAL UNIVERSITY, BANGALORE CAMPUS
SURVEY NO: 36, CHOKKANAHALLI
JAKKU POST ( BEHIND DIANA COLLEGE/DHANVANTARI HOSPITAL

BANGALORE – 560064
TEL : 080 66021000/111

Absorption

All candidates  on successful completion of the course will be awarded  “POST-GRADUATE DIPLOMA IN BANKING AND FINANCE” from Manipal University at a convocation ceremony where they shall also be handed over the final appointment letters from the Bank. Accordingly, they will be offered the post  as Probationary officers and can be posted anywhere in India as per Bank’s discretion.


CTC: 6 Lakhs

 Campus Drive: 25th March 2013 at 9 am (Audi)
                           26th March 2013 (Interview)

ALL STUDENTS WHO ARE INTERESTED ARE REQUESTED TO REGISTER THEIR NAMES AS SOON AS POSSIBLE AT THE PLACEMENT CELL. 
In case of your inability to come to register personally, you may call the office and register (provide name, course, ph no., 10th, 12th and graduation marks).- ONLY FOR FEDERAL BANK CANDIDATES WHO WISH TO ENROLL TODAY. Those registering tomorrow will have to come to the placement office.
Ph No. 22551217

Office timing: 10 am- 12:30 pm. 2 pm- 4 pm

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