NIIT IFBI announces 5th National Banking Entrance Test for industry-linked career programs
New Delhi, 02 Sep 2014: NIIT Institute of Finance, Banking & Insurance Training Ltd. (IFBI) – India's leading Banking training institute, today announced the 5th National Banking Entrance Test (NBET) for their career programs on September 12 & 13, 2014. Applications for the test would be available from September 03rd 2014. Successful candidates will be eligible for direct admission into the industry linked career programs – BankVantage Career Programs and Certificate Program in Telebanking. Toppers as per the National Banking Entrance Test can win scholarships up to Rs. 35,000/-.
Graduates/Post graduates with 50% or above in graduation, Class XII & Class X, and final year graduation students, are eligible to apply for the National Banking Entrance Test. Candidates should be born on or after 1st February, 1989 to be eligible for applying for the test. The applicants can either visit IFBI centre or can apply online by submitting application form at www.ifbi.com.
Flagging off 5th NBET nationally, Mr Bimal Jain, President, NIIT IFBI, said, "As the pioneers in providing trained manpower to the BFSI industry in India, we are very excited about the immense opportunities presented by the opening up of the banking sector. NBET is an initiative by IFBI to develop trained resource pool for the fast evolving BFSI industry and offer challenging careers to banking aspirants across the country."
NBET would be an online examination in the areas of Verbal, Numerical, Logical and Basic Checking. Candidates who qualify in NBET would need to appear for a personal interview and shortlisted candidates would need to enroll for the PG Programs in order to accomplish a secured banking career with top recruiters like –ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank etc. NIIT IFBI has trained over 125,000 students and working professionals in India for the Banking and Financial Services Industry, in the last eight years, and has placed its students with leading banks.
With India close to fulfilling its long-awaited commitment of opening more banks in order to achieve financial inclusion, job opportunities in the banking sector are set to rise. By 2018 the banking industry is expected to generate around 7.5 lakh jobs. As per other industry reports the banking industry will need to hire a massive 9 to 11 lakh employees over the next five years with more than 80% vacancies taking place in public sector banks (PSBs). Analysts are of the view that with the opening of new banks, at least 10,000 more opportunities will get created.
The Banking Programs offered by NIIT IFBI aims at creating industry ready versatile professionals, who can adapt to working environment in the Banking Industry. Different programs offered by NIIT IFBI are designed in the context of modern-day Banking, Insurance and Financial Services by developing competencies on four dimensions – domain, technology, application and customer-service.
About NIIT IFBI
The Institute for Finance, Banking and Insurance (IFBI), India's largest Banking training institute, was established in 2006 to meet the manpower challenges of multi-skilled and trained professionals in the fast evolving BFSI sector.
NIIT IFBI has trained over 125,000 students and working professionals in India for the Banking and Financial Services Industry, in the last eight years, and has placed its students with leading banks.
IFBI's offerings are designed in the context of modern-day Banking, Insurance and Financial Services by developing competencies on four dimensions – domain, technology, application and customer-service. IFBI created a benchmark in the industry by innovating the concept of "Appointment letter at the time of Enrolment".
IFBI offers a range of programmes for various categories of BFSI aspirants and professionals, such as:
Career programmes – Post Graduate Diploma in Banking Operations (PGDBO) programme, Post Graduate Diploma in Retail Banking(PGDRB), Post Graduate Diploma in Branch Banking(PGDBB), BankVantage Career Programs, Certificate Course in Retail Banking Sales Management; Preparatory courses for PSU Banks - Probationary Officers (PO) and Clerical recruitment exams; Corporate Training programmes; Short term industry relevant certification programmes.
NIIT IFBI was recognized as the 'Most Innovative Recruitment Management initiative' at the Talent & HR Leadership Conference Awards by ET Now and World HRD Congress 2013; "Best Training School for Banking and Financial Services courses 2013", at the Brands Academy Education Excellence award and the 'Best Training School in the Banking and Financial Services' by The Week- Nielsen Survey, May 2009.
For more details, please visit www.ifbi.com.