Manipal Global Education Services (MaGE), in association with Punjab National Bank, announced the launch of ‘Diploma in Banking’ program with the signing of a MoU.
The program is a customised one year full time training program on various areas of banking and finance that is designed to equip students with necessary domain knowledge in Banking, and also enhancing competency and skills. The program includes nine months of intensive campus training and three month internship at a branch of PNB.
The first batch will commence in September 2012.
Besides domain knowledge, students will also undergo intensive grooming and soft skills training. On successful completion of the program, students will be awarded a Post Graduate Diploma in Banking and Finance, awarded by Manipal University and will be absorbed in JMG Scale-I at the Bank. The crux of this industry-academia partnership is to help create an employable workforce with First Hour First Day productivity.
During the course of the program, students will earn an attractive monthly stipend for the first nine months and suitable remuneration during their three month internship.
Other attractive features include full fee financing through education loans from Punjab National Bank and loyalty bonuses leading to refund of full course fee on completion of certain number of years with the bank.
About Manipal Global Education Services:-
Manipal Global Education Services is the leading India-headquartered International provider of high-quality higher education services. Its ambit includes a wide range of higher education services to institutions in India, corporate training programmes in partnership with leading enterprises, vocational training across a number of sectors, as well as technology-driven services in areas such as testing and education delivery. It also owns and operates university campuses in Malaysia, Antigua in the Caribbean, Dubai and Nepal. It services and supports over 200,000 students currently, many of them through its award-winning technology platform, EduNxt
Features about Program and Selection Procedures :-
PNB invites online applications from candidates having valid IBPS Score Card of CWE [conducted for the post of PO in Sept/Nov, 2011]for assured placement as Management Trainee in JMG Scale-I after passing one year full time Post Graduate Diploma in Banking and Finance Programme to be conducted by Manipal Global Education Services,Bangalore on behalf of PNB.
Opening Date for Online Registration: 13.08.2012
Closing Date for Online Registration : 27.08.2012
(Including for Candidates from Far-Flung Areas)
Number Of Vacancies:
Initially, Bank will induct a batch of 120 students in Manipal University, Bangalore through MaGE. However, in case the Bank decides to induct one more Batch of 120 candidates, it will be done through the current selection process.
The total number of Student intake (category wise) per Batch is given here :
Required Age (as on 01.07.2012): Minimum 20 Years, Maximum 28 Years.
Educational Qualifications (As on 13.08.2012): Graduate in any discipline with 60% marks (55% marks for SC/ST/PWD) OR equivalent qualification from the university / Institute recognized by the Government of India and working knowledge of MS Office.
IBPS PO 1 TWS Required:
Individual Test Cut- offs should be 24 marks(for Gen) and 21 marks (for SC/ST/PWD) in each section.
And Total TWS should be as follows to apply:-
General : 146 & above
OBC : 125 & above
SC/ST/PWD : 113 & above.
Screening of Candidates by GD and PI.
General/OBC/EXSM category candidates: 100/- per candidate.
SC/ST/PWD category candidates: 20/- per candidate.
Course Fees would be 3.15 lacs approx for 1 year programme. To be borne by the Candidates payable in 3 quarterly installements at the beginning of each quarter.
Manipal Global Education Services will provide boarding and lodging for 9 months on campus period. During the last quarter, candidates will undergo on the job training /Internship in various branches of PNB.
Loan will be provided to interested candidates by the bank at Bank’s nominal rate of interest.
Bank will pay Stipend of Rs 2500 per month for first 9 months and Rs 10,000 per month during last 3 months.
Candidates will be required to execute a Service bond of Rs. 1 Lac for 3 years .
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