Press Release

2013

NIIT IFBI announces 4th National Banking Entrance Test for industry-linked post graduate programs
New Delhi, Sept 13, 2013: NIIT Institute of Finance, Banking & Insurance Training Ltd. (IFBI) – India’s largest Banking training institute, today announced the 4th National Banking Entrance Test (NBET) for their Post Graduate programs from September 13th to 22nd 2013. Successful candidates will be eligible for direct admission into the industry linked diploma programs - Post Graduate Diploma in Banking Operations (PGDBO) and BankVantage Career programs. At select locations, top candidates in the merit list will be offered pre-course placement offers from leading private sector banks in India.

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 atwww.ifbi.com/nbet.aspx.

Flagging off 4th NBET nationally, Mr Bimal Jain, President, NIIT IFBI, said, “Banking sector is known to be stable and offer long term career prospects as banks invest huge amount of resources to keep the professionals agile and sharp in today’s competitive market environment. NBET is an initiative by IFBI to develop a trained resource pool for the fast evolving BFSI industry.”

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 six 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, making the banking industry the leading job creator in the country. 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 six 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 Enrollment”.

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 visitwww.ifbi.com.

About NIIT
Established in 1981, NIIT Limited, a leading Global Talent Development Corporation and Asia’s premier IT trainer, offers learning and knowledge solutions across 40 countries. Leading IT journal Dataquest has conferred upon NIIT the ‘Top IT Training Company’ award successively for the past 20 years, since the inception of this category.

NIIT’s Individual Learning Business offerings include industry-endorsed programs for students seeking careers in IT – GNIIT and Edgeineers, and GlobalNet+ for IT professionals. The company has introduced “India’s first cloud campus”, through its new-age GNIIT program. This offers students a higher mobility as they can access courseware using Netbooks to connect seamlessly to NIIT’s Cloud Campus network.

NIIT’s Corporate Learning Solutions offers Managed Training Services including integrated learning solutions (strategic consulting, learning design, content development, delivery, technology, assessment and learning management) to Fortune 500 companies, Universities, Technology companies, Training corporations and Publishing houses.

NIIT Yuva Jyoti, a joint venture between NIIT and NSDC, offers vocational skills training programs to enhance employability of youth across India.

NIIT has provided computer-based learning to around 17,000 Government and private schools. The futuristic NIIT nGuru range of learning solutions for schools comprises Interactive Classrooms, Math Lab, IT Wizard programs and Quick School (Education Resource Planning software).

NIIT Imperia - Centre for Advanced Learning, offers Executive Learning Programs in association with leading Business schools in India, KPMG, Google India and Internet and Mobile Association of India (IAMAI), using the synchronous learning platform.

NIIT Institute of Finance Banking & Insurance (NIIT IFBI), formed by NIIT with equity participation from ICICI Bank, offers programs for individuals and corporates in Banking, Financial Services and Insurance.

NIIT Institute of Process Excellence Limited, a NIIT-GENPACT venture (NIIT Uniqua), offers complete training outsourcing services to the Business Process, Knowledge and Technology Services industry to create business models that enhance productivity and lower costs.

In recognition of its people centric policies, which foster an environment of growth and career development, NIIT has been ranked as the 4th Best company to work for in India 2013, by Great Place to Work Institute®.

For media queries, please contact:
Prateek Chatterjee
Vice President, Corporate Communications & Marketing, NIIT Limited
Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041
Email:prateek.chatterjee@niit.com
For details, visitwww.niit.com
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