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Volume 3, Issue 10
2 March 2010
IFBI WINGS
IFBI Student and Alumni newsletter
V O LU M E 3 , I S S UE 1 0
V OLU ME 3 , IS SU E 10
IFBI launches innovative product for success in PSU Bank exams
Over 50,000 employees of PSU banks will retire every year for the next three years. This will create a big gap in PSU Bank manpower in the near future. Selection for PSU Bank Exams is done through a special exam conducted by IBPS. Many youngsters are aspiring to clear this exam. IFBI has launched an exciting product to address this need. IFBI President S. Venkatesh says “All of us are aware of the tremendous brand salience IFBI enjoys in the recruitment scenario of Private Sector Banks. IFBI has placed over 14,000 stu-dents in this industry. It is only logical that IFBI move into the adjacent space of providing en-trance exam training for PSU Banks. IFBI has launched an Academy for Bank Exams which offers a special, well-researched preparation kit for aspirants”. These programs are offered in multiple modes including a special, self-study package. The program includes video-based lectures, courseware, online-diagnostic tool and assessments. Ex-pert help is also available at hand. Some current students who purchased this kit to give them an edge to prepare for PSU as well as Private Sector Bank entrance exams have found the experience enriching and informative.
Page 2 V OLU ME 3 , IS SU E 10
News from the world of IFBI
IFBI Sales Academy Thane places first batch of 12 students
SPORTY SPOTLIGHT: IFBI Chennai student B. Sushma repre-
sented Indian Ball Badminton team at Birming-
ham, United Kingdom and secured 7th position
for the country. She has been continuously repre-
senting Tamil Nadu Ball Badminton team since
2003 and has tasted success in many tourna-
ments. She has won many titles and has also been
awarded by former President of India, Dr. A.P.J
Abdul Kalam for best performance.
Recently IFBI has introduced a number of new activities in its PGDBO curriculum. One such
popular activity gives the PGDBO students an opportunity to play
the role of a Bank Teller in a simulated environment. Students are
given opening cash envelope and some guidelines. Other students
act as customers and make deposits and ask for receipts, using
dummy cash and other payment instruments.
This exciting activity has proved to be a great hit with
students and faculty and there is a buzz in the center on these
days. Students take back great learning from this event.
In the adjoining picture, you can see students of IFBI In-
dore, handling real life situations as a part of their curriculum.
If you are at an IFBI center, make sure you ask your fac-
ulty for an opportunity to view this exciting activity! All of us need to be ready for Day-1 Hour-1!
CUSTOMER APPRECIATION FOR FACULTY IFBI Faculty are the envy of industry. They combine decades of expertise with oodles of passion and a “can-do” attitude. Not a day passes without a compliment being received for our faculty from many quarters—be it students or industry. Sample this—
Mr Sukumar, Regional Manger (East) CAMS (Computer Age Management Services Pvt Ltd) says—The innovative style of narration & handling of Q&A Session was simply remarkable.
Ankit Bhoola (Pune student) says— Neel sir has this uncanny knack of explaining the difficult things in very simple way through his stories and real life examples. Derivatives was explained to us by him really well. He is a really energetic person to be around.
Aravind K says—We attended good knowledgeable lectures at IFBI. The teaching faculty at IFBI have good knowledge of the Banking Sector. Their teaching skills are very good.
IFBI Sales Academy Thane has placed its first batch of 12 students in ICICI Bank in the month of Dec’11. IFBI Sales Academy, a special initiative of IFBI offers industry focused sales programs to build sales competency in individ-uals. Special Sales Academy centers have been opened in Mumbai to meet this emerging need of modern private sector banks.
“Have you met an IFBI student teller?”
V OLU ME 3 , IS SU E 10 Page 3
“Who coaches the Coach and sharpens the saw?”
Ratnakar Bank added to
the IFBI partner list How many of us know that ICICI Bank
did not exist as a bank till the mid 90s? Now
look where they are! Similarly a new set of
banks are grow-
ing at a rapid
pace. One such
bank, Ratnakar
Bank recruited
IFBI students in
November 2011.
For banks that
want to grow
fast, they know
where to come for talented people.
As we know, the ABC of being a professional is
“Appearance, Behaviour and Communication” Here are a set
of IFBI students who have taken the message very seriously
to make a great first impression as a professional !
Dress your way to success and make a great positive impression
Faculty are the back-bone of any educational institution. They are the ones who convert
knowledge into skills that can be imparted to the students and make them ready for industry. IFBI is
proud to have a diverse set of 150 faculty from different organisations. They bring their passion, expe-
rience and teaching skills to the service of over 2500 students at any point of time.
“Agreed, the Coach coaches, but
who coaches the Coach ?”. IFBI has a pro-
cess of training and retraining faculty in line
with the emerging needs of the industry. Our
faculty participate in training programs con-
ducted from time to time. They are also ex-
posed to Corporate Trainings which hones
their skills in line with the modern banking
practices. Many faculty also undertake certi-
fication exams and benchmark themselves
against the industry.
Ms. Porkodi Palani, National Educa-
tion Delivery Head IFBI says “A special
recent initiative is that many faculty are
part of ICICI Bank Immersion program.
The first set of faculty have now spent
time in ICICI Bank branches and are able
to bring back the ICICI flavor into the
classroom. This process will quicken and
soon include all the faculty”
Seen alongside are some IFBI
faculty who attended training recently at
IFBI Chennai Head office, along with
their trainers.
News from the World of IFBI
V OLU ME 3 , IS SU E 10 Page 4
New initiatives @ IFBI
HSBC is one of the top international banks with a massive global presence. Your IFBI has now joined hands with HSBC in an innovative venture to turn non-banking sales professional into modern bankers through a 5-week intensive residential program at NIIT University. IFBI Industry Alliances Head Manish Srivastava says “The participants will be trained on a wide range of topics - banking prod-ucts and services; investments and regulatory practices; customer relationship and management skills; as well as selling skills and techniques”
By the end of the program, the participants will be mod-eled into highly com-petent profes-sionals who can take up challenging sales assign-ments in Re-tail Banking. In short, a modern day banker who aids customers with wealth management solutions..
A cool tool to prepare you for PSU exams!
IFBI’s first national level tie up with a MNC Bank
IFBI has launched an Online Diagnostic
Tool for their students which has a Full Length Exam
as well as Performance Feedback for various sections.
It helps students identify their strengths and areas of
improvement. The exam is mapped for the require-
ments of PSU exams. Enrolling for this facility helps
the student to practice multiple times and identify are-
as requiring more effort.
Poonam Sharma, IFBI’s
Systems Head says —“ The biggest advantage on of-
fering Practice Test in online mode is to allow stu-
dents to assess themselves at time of enrolment and
after completion of program. Student can take a test
either on a specified section or the Full Length Test.
The Links can be assessed post registration of the pro-
gram and are accessible from anywhere, any time.
Student can practice well by appearing for the exam
multiple times. This is a great value add for all our
students preparing for PSU Exams”.
Get Social ! Get Networked ! Join IFBI’s Facebook community http://www.facebook.com/pages/IFBI/182332201788587
V OLU ME 3 , IS SU E 10 Page 5
Celebration time @ IFBI Centers
IFBI Centers celebrating Teachers day
IFBI Staff celebrations at Delhi and Chennai
IFBI Student Esther Rani(Hyd) nominated as WALL OF FAME for over achieving her target by more than 400% How does it feel when you are rec-
ognized by your seniors on account of being a good performer in the first few months of joining the first organiza-
tion of your career, and representing your branch at various competitions (regional and
zonal levels) and winning cash awards and over achieving your targets by more than
400%?
Yes, all this has been done by one of our IFBI students Esther Rani of IFBI
Hyderabad and this is what she has to say. “I started my career with ICICI with IFBI’s
help and they really gave me life. IFBI shows you the way but you as an individual
have to take the journey. In my case too, they showed me the way and I took it as a
challenge.
What I believe is “when we are open to learning no matter whatever we do,
success automatically comes in your path"
IFBI not only provides you with a job but still they help us to guide in our
success”.
V OLU ME 3 , IS SU E 10 Page 6
IFBI Student Testimonials
Here is a selection of IFBI Alumni success stories. For a longer list visit http://www.ifbi.com/aboutifbi
FEEDBACK ZONE We would love to hear from you—questions, feedback, experiences, support requests ! contact us at - [email protected]
ALUMNI RECONNECT
INITIATIVE! If you are an IFBI Alumni or you know of an IFBI Alumni, contact us at - [email protected]
IFBI student getting placed in in-ternational bank Raman Iyer(Chennai): I joined DEUTSCHE
BANK ON 19th Oct. I want to thank IFBI that they
gave me the banking and insurance knowledge and
because of IFBI, I was able to join DEUTSCHE
BANK .I believe that IFBI is a good platform to
achieve our career goals in banking. I assure you that
I will be the face of IFBI.
This IFBI student grabbed 19 awards in 3 years
Himanshi Joshi (Ahmedabad): “It was great
experience when I did the course. When we were
attending PGDBO classes we were taught that post-
ings in NRI and Forex department are given mostly
to the most intelligent and experienced people in the
Bank. While hearing this, I never thought I will find
a place in these departments.
Later when I joined ICICI Bank - Powai
branch just after 6 months i was shifted to Forex and
NRI desk. Thanks to the learning capability built in
us by the institute”.
IFBI Ahmedabad students getting recognized @ their workplace
Jignesh
Parmar Scored highest marks in an internal exam conducted for all interns.
Radhika
Nair Appreciated by BM when she opened NRI Savings A/c in the very first month of internship.
Nirav
Chaudhary Detected a fake note, and received a pat on his back.
Minakshi
Pal Appreciated by seniors for her sincerity as she handled 160 customers in a day on Cash Counter.
IFBI Jaipur student Mahaveer Jain
shares recognition received!