- The PGPBM, Post Graduate Program in Banking Management is an exclusive career program for graduates and post graduates who wish to pursue their career in banking and allied industry. The program aims to build a pool of banking professionals in the country, who can help the banks to achieve new levels of growth, profitability and customer responsiveness. The course will provide the overall idea about the role of all the key players in banking industry and it will also provide a detailed framework of all the key products and services offered by banking industry. The role of the Financial Services companies will also be covered in brief. The program will have three academic semesters of three months each, followed by internship of three moths.
The PGPBM program has two USPs:
- Graduates or Post graduates those who are interested in acquiring thorough knowledge specifically about banking would opt for this course for one year rather than a more expensive course of MBA which would also lack in providing through knowledge in banking.
- Banks would also be interested in acquiring such human resources with efficient banking knowledge as they would be cost effective in the training process because training a human resource who is well acquainted with the banking process would be feasible and less time consuming.
- Three Semester Program: The PGPBM is a trimester program followed by three months of internship. Each semester will be a three months program. In these three semester students will be given thorough knowledge on every banking domain, customer orientation, banking technology, as well as application of information embedded software. Students will go through unique training methodology that would include case studies, e-learning, role-play activities, seminars, assignments and many others. Soft skill and business communication will be a part of all three semesters and the students would also be made acquainted with different organizational behavior such as stress-management, time-management, work-life balance etc. not only through books and studies but also through workshops and assignments. Along with the core banking subjects, students will also be provided classes for the preparation of different banking exams like IBPS.
- Internship program: The three semesters will be followed by an internship program of three months where the students would be working as interns in different banks or allied financial organizations. This would help the students to get used to with the bank work culture.
- Ready for jobs: Banking sector essentially provides job to a large no. of individuals. Once the students are through with their academic program and internship of three months, they are ready for the banking industry with all their core banking knowledge and skills. IICMR gives its best to provide support to the students for fetching a perfect job and the students are also expected to take responsibility of making the best possible efforts for obtaining a suitable job. Banking sector essentially provides job to a large no. of individuals.
Tie Ups: IICMR would like to have a tie up with some banks. The banks which had received new licenses to operate as bankers will be targeted. “Bandhan”, the Kolkata based organization which specialized in inclusive finance will be the first with which a tie up will be envisaged.
The Courses for Bankers
Specialized program to train bankers for CAIIB certification:
Banking is a knowledge intensive industry. Both theoretical and practical insights are necessary for conceptualization and execution of effective banking practices. The dynamism of banking with ever changing policy and regulatory components of the framework along with the concept of maintaining a certain degree of consistency in product offering and service delivery makes banking a real challenge. Training and advocacy is a quintessential aspect of a proper banking system in the economy.
Training is not confined to any particular rank or scale in the banking system. The level of complexity and content of training needs to be optimized for different roles and functions. It is extremely important that the training follows an integrated approach as the various functions and departments in a bank are inter-related and they function at a close proximity.
Training at IICMR will be imparted at all levels of the hierarchy -Induction Training for entry level, mid management level as well as senior management level. The depth and width of the training topics will be varied accordingly.
Banks require their employees to gather Banking knowledge both Industry and Bank specific at the time they are absorbed as resources . An overall idea of the economy, the banking system and the bank’s modus operandi are covered in such trainings. IICMR will act as a partner in creating the resource pool for the bank with their expertise in the field of training.
Mid management and Senior management Training
Banking atmosphere is marked with reforms and changes with the implementation of new policies and practices. These changes need to be incorporated effectively in the banks for its existence and for competitive advantage. Training enables banks to transform when and where required. IICMR can work in association with the banks for providing inputs required at the mid and senior management level for coping up with the changing scenario.
The areas of training are identified on the basis of need analysis of the banking system in the present scenario. The key areas of training offered at IICMR are discussed below:
Risk management is a critical topic in today’s banking world. Emergence of various types of risk and its mitigation is a daunting task in front of the banks. The risk portfolio of a bank comprises of Credit Risk, Market Risk (that includes Interest Rate Risk, Foreign exchange Risk etc), Liquidity Risk, Operational Risk, Systemic Risk, Reputation Risk, Business Risk and few other types of risks. A comprehensive study and training with regard to identification, assessment and adoption of measures to mitigate these risks is what IICMR can offer as a part of its training basket.
The central theme of banking revolves around accepting deposit and lending advances. The advances wing of a bank has a huge potential to generate revenue vis-à-vis the risk it faces in the occurrence of a credit event. The knowledge, practical approach and prudence required for credit management forms the basis of our training. With the advent of concepts like priority sector lending, Self Help Group (SHG), Micro Finance Institution (MFI), Micro and Small Enterprises (MSE), Business correspondence (BC) model etc, credit function of a bank needs close attention.
Fee based services
Apart from Fund based business, banks are involved in providing fee based services to its customers. Off Balance Sheet item like Letter of Credit (LC), Locker Services, Remittances, Demand Drafts etc constitute Fee based services of a bank. This kind of service involves less risk and can increase the profitability of the bank. Providing training in this can unleash the potential for the bank to gain added income.
Loan Syndication has become a preferred mode for getting fund by the corporates. Instead of one lender, a group of lenders enter into an agreement with the borrower who may take the help of an arranger to get into the contract. The technical aspects of Loan syndication need special attention. At IICMR we will provide training on Syndication for providing valuable insights to the banks.
Behavioural training/Business ethics
As Banking closely deals with Customers, it is very important for a bank to adopt customer friendly practices. Instilling confidence and trust is a critical factor for a bank to move towards long term growth. The personality development trainings at IICMR will empower banks to follow a viable model for long term sustainable growth. Business ethics forms the foundation of a business. Revisiting the principles of ethics and the code of conduct will bolster an organization’s approach towards the right direction.
The array of Banking Product and Services is growing with time. It is vital for a banker to understand the features of the products it is offering, whether it serves the purpose of its client or it is failing to strike the right chord. The act of suggesting the right product depends on the in-depth knowledge of the product offering. The Services of the bank creates a link between the bank and its customers. The robustness of the service delivery ensures customer retention, customer satisfaction and Long term Relationship.
Customer Relationship Management
CRM has emerged as an effective tool that can catapult a bank to unprecedented height. In today’s world, in the midst of intense competition, a bank needs to adopt measures for establishing a close relationship with the customers. Gaining confidence and trust is the key to success. Acquiring customer is a cost involving procedure; hence the question of customer retention is all the more important. Establishing an atmosphere of customer centric practices, applying technology for proper data mining, proper analysis of data, formulating strategies with the output of CRM endeavors needs a disciplined perspective. We at IICMR believe in the potential of CRM.
Mergers and Acquisitions
Mergers and Acquisition is an option for a bank to grow in today’s world, it is the organic path of proliferation. The market penetration, utilization of the already developed channels and catering to the existing customer base can form the rational behind such arrangements The M&A is a topic which takes into consideration many factors. An understanding is required in the areas of valuation, synergy, organizational, cultural and operational fit etc. The cost-benefit study of a deal is a strategic step towards a new direction for the bank.
The Indian Banking system is part of Global Banking Network. The Foreign banks operating in India has added to the competition that exists amongst the national banking players in the country. The banks need to upgrade themselves in terms of their operational and technological expertise in order to sustain. Training for banks to follow modern banking techniques is an effort to create the competitive edge.
Training on recently developed areas of importance:
- Risk Management
- Financial Inclusion
- Rural Credit
- Credit scoring and credit monitoring
- Insurance, Mutual Funds and Equity market studies (with NISM Certification)
- Wealth management etc.
Semester-wise Break-up of subjects
|SEMESTER I||SEMESTER II||SEMESTER IV|
|Introduction to financial market||Project Management and Techno Economic Feasibility||Bank Legislation|
|Banking Organization: Structure, Regulation and Governance||International Trade and Forex Management||Supervision and Risk Management|
|Bank Operations and Products||Treasury Management and ALM of Banks||Wealth Management and Insurance|
|Financial Accounting and Report||Bank marketing||Customer Handling and Relationship Management|
|Principle of management and Organizational Behavior||IT Implementation in Banking||Reatail Banking and Investment Banking|
|Quantitative Application||Preparation for IBPS||Preparation for IBPS|
Semester III: Internship
Break up (semester-wise) – Refer to the cash flow statement.
Semester I –
Registration fee 25000
Study Material 20000
Tuition Fee 15000
Semester II Tuition Fee 20000
Semester III Tuition Fee 20000
Semester IV Tuition Fee 20000
Twice a year. Admission in December and June.