The ICICI Manipal University PGDB program for Probationary Officers (PO) is an initiative by ICICI Bank to create bankers with relevant skills and knowledge.
Eligibility:
Any graduate up to 27 years of age having a minimum of 55% in any discipline can apply for the program. However, the selection depends on the multi-level rounds.
GD and PI will be on the same day. The final merit list of the selected candidates is released.
Terms of Program:
Outline of Program:
After the program, you will get a position as Deputy Manager Band-I Grade in ICICI Bank and a Post Graduate Diploma in Banking from Manipal University. Overall, it is the best program for people who are inclined towards making a career in banking.
XLRI Jamshedpur PGDBM Program Fee is Rs. 14 lakhs, paid over 4 installments as follows:
Installments |
I |
II |
III |
IV |
Rs. |
4.5 Lakhs |
3.5 Lakhs |
3 Lakhs |
3 Lakhs |
The fees include the cost of textbooks, reading materials, library resources, accommodation and boarding during the three mandatory campus immersion programs at Jamshedpur but exclude the travel and related costs.
To ensure the diversity of the participants, the following scholarship amount shall be adjusted from the total fees. A candidate can avail both scholarships for woman candidate and ST/SC candidate.
Category |
Amount |
Woman candidate |
Rs 1,00,000/- |
ST/SC candidate |
Rs 1,00,000/- |
The top performers of the batch are also eligible for academic scholarships of Rs. 50,000/- at the end of first year.
National Institute of Bank Management (NIBM) is among India's reputed business schools well known for Finance and Banking whereas the Institute of Rural Management Anand (IRMA) is a Premier Business School especially known for Rural Management. IRMA has bagged a NIRF Rank of 72 and NIBM has been ranked 88th in the top B-Schools list. It has been ranked 8th among top colleges of Hyderabad by The Week and Business Today.
The table given below shows a brief overview of both institutions:
Particulars |
IRMA |
NIBM |
Rank |
72 |
88 |
Fees |
13 Lakhs |
1.2Lakhs |
Highest Package |
52 LPA |
18LPA |
Average Package |
10.80LPA |
10LPA |
Placement Percentage |
100% |
100% |
Admission Process
NIBM:
IRMA
Infrastructure
NIBM:
IRMA
Placements
NIBM
IRMA
The placement range of both the institutes is pretty the same. With respect to Brand Value, IRMA has an edge over NIBM. But many people lack interest in Rural Management. Hence the choice is up to you and your area of interest.