Phone Number of
Institute of Finance Banking and Insurance Chandigarh is
01725088360 .
Institute of Finance Banking and Insurance-IFBI has been set-up in 2006 to cater to the manpower needs of the fast-growing Finance sector in India and abroad. Established by NIIT in association with ICICI Bank, IFBI reflects the strengths of both these parents. NIIT's expertise in the design and conduct of distributed non-formal education and its experience of manpower-development for India's IT sector, are combined with ICICI Bank's domain-knowledge across the spectrum of financial services and its leadership status within the banking sector. IFBI offers an unbeatable combination for the student and the industry.
Institute of Finance Banking and Insurance-IFBI is located in Ahmedabad, Bangalore, Mysore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune.
Institute of Finance Banking and Insurance-IFBI is an NIIT Venture with equity participation by ICICI Bank. It is the coming together of two leaders in their respective fields acknowledging the need and the opportunity of the times.
Institute of Finance Banking and Insurance-IFBIreflects the strengths of both these parents. NIIT's expertise in the design and conduct of distributed non-formal education and its experience of manpower-development for India's IT sector, are combined with ICICI Bank's domain-knowledge across the spectrum of financial services and its leadership status within the banking sector. IFBI offers an unbeatable combination for the student, and the industry.
The domestic retail banking market is expanding with annual revenues expected to more than double to US$ 16.5 billion by 2010 from about US$ 6.4 billion at present, according to a McKinsey study. While the overall banking industry is growing at 20%, New Private Sector banks are growing at 40%. Leading players like ICICI Bank and HDFC Bank have witnessed massive growth. Today India's banking sector generates 2.5% of GDP and employs 900,000 people. With all reforms it could generate 7.5% of GDP and employ 1,500,000 people.
Insurance sector is another high growth area. ICICI Prudential, the leading private sector player, has over 27,000 employees today. It is expected that the private sector players will continue to garner more market share. Innovative products like ULIP-Unit Linked Insurance plans have helped the cause of greater penetration into the Indian market. The non-life sector also has many private players.
The performance of Indian Stock Markets is well-known. The Indian markets have out-performed most of the other major regional markets in recent years. The BSE Sensex has achieved various milestones like reaching 20,000 in record time. Though there could be adverse global developments from time to time, India is expected to continue on the growth trajectory.
Recognising that the limits to growth of this sector in India may come from scarcity of talent, one focus area of Institute of Finance Banking and Insurance-IFBI is to groom entry-level professionals in Banking and Insurance. Re-skilling existing professionals in the Financial Services sector - who are being overwhelmed by reforms, technology advancements and changes in attitude & approach in this sector - is another focus area for Institute of Finance Banking and Insurance-IFBI.
Enhancing the skills of existing practitioners by providing them knowledge in emerging areas like capital and commodities markets is another dimension of professional development that Institute of Finance Banking and Insurance-IFBI intends to pursue.
Keeping pace with economic growth, regulatory reforms and overall modernization, the keywords in today's Financial Services organizations are growth, marketing, efficiency, technology, customer and competition. The New Private Sector Banks (a Reserve Bank of India term denoting 8 modern private-sector banks) and Private-Sector Insurance companies are the pioneers of this change, though all others have adopted the same mantra. The financial services professional of today reflects the same changes - in addition to being an expert in his domain, s/he is today thoroughly hands-on application-oriented, technology-savvy and customer-friendly.
Institute of Finance Banking and Insurance-IFBI offerings are designed in this context of modern-day Banking, Insurance and Financial Services by developing competencies on 4 dimensions - domain, technology, application and customer-service. These 4 competencies are the defining characteristics of IFBI's programs of study and of students and professionals groomed by it.
Institute of Finance Banking and Insurance-IFBI flagship program - the Post-Graduate Diploma in Banking Operations-PGDBO - creates entry-level manpower ideally suited for modern-day banking at the new private sector and foreign banks.
Institute of Finance Banking and Insurance-IFBI offers Post Graduate Diploma in Banking Operations.
Institute of Finance Banking and Insurance-IFBI aims to become the preferred training partner for the BFSI-Banking, Financial Services and Insurance sector. In a short span of a year, IFBI has already partnered with 6 leading banks and provided customized hiring and training solutions. Over 6,000 Banking professionals have been trained by IFBI since October 2006.
A select set of students who are short listed for admissions will be granted admission with Placement Assurance at the time of admission or will be provided an option, (subject to the fulfillment of specific academic and non-academic criteria) to upgrade to career programs with placement assurance. The students who undergo programs with placement assurance will undergo supervised internship in a partner organization and upon successful completion, will be confirmed for employment in that partner organization.
The partnering organization under this plan is ICICI Bank, HDFC Bank, ICICI Securities Ltd., Kotak Mahindra, ICICI Lombard, YES Bank. As we go forward other banks and financial organizations are expected to join this offer.
All career programs from Institute of Finance Banking and Insurance-IFBI are backed by 'Placement Assistance' on successful completion of program, subject to the academic and placement assistance guidelines.
Institute of Finance Banking and Insurance Chandigarh Address
The address of Institute of Finance Banking and Insurance Chandigarh is SCO 156-157, IInd Floor, Sector 34 A, Chandigarh.
Institute of Finance Banking and Insurance Chandigarh Website
The Website of Institute of Finance Banking and Insurance Chandigarh is
www.ifbi.com.
Institute of Finance Banking and Insurance Chandigarh Customer Support Service Phone Number
The customer support phone number of Institute of Finance Banking and Insurance Chandigarh is
01725088360 (Click phone number to call).
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