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Andhra Bank and Manipal Global Education Services PGDBF Programme

About the Programme
Andhra Bank, a Nationalised Bank with pan India presence has entered into an MOU with Manipal Global Education Services (MaGES) Bangalore, to provide training in Banking and Finance to prospective candidates aspiring to join Andhra Bank as Probationary Officers so that they are fully equipped to discharge their duties effectively from day one of joining the services of the bank.

Eligibility Criteria (as on the date mentioned in notification)
Candidates who have been shortlisted after Common Interviews held in the recruitment process conducted by IBPS through Common Written Examination for PO/MT and who have not been allotted to any of the Participating organisations.

Education Qualifications: Degree in any discipline from a recognized University or any equivalent qualification recognized by Central Government.

Age: Minimum 21 years and Maximum 29 years.

Selection Process:
Candidates shall be selected by Andhra Bank through a selection process consisting of Group Discussion and/or Interview, from among those applicants who have applied in response to our Advertisement and fulfill all the above referred eligible criteria.

Final placement at Andhra Bank:
All candidates after successful completion of the course will be awarded the “POST-GRADUATE DIPLOMA IN BANKING AND FINANCE” from Manipal University at a convocation ceremony where they shall also be handed over the final appointment letters from the Bank. Accordingly, they will be finally absorbed in the Bank as Probationary officers in JMGS-I and can be posted anywhere in India as per Bank’s discretion

Emoluments:-
After successful completion of the Post Graduate Diploma in Banking and Finance in the Manipal University and subsequent placement in Andhra Bank, candidates will draw a salary as applicable to Junior Management Grade/ Scale I which is presently in the scale of Rs. 14500-600x7/18700- 700x2/20100-800x7/25700. They will also be eligible for DA, HRA & CCA, as per rules in force from time to time. At present, the initial yearly emoluments (salary component only) of Junior Management Grade/ Scale I Officer, including DA, HRA, and CCA are approximately Rs.5.08 lakhs in a Metropolitan Centre on cost to company basis.

Stipend:
A stipend amount will be paid to the students during the entire duration of the one year course Rs. 2,500/- p.m. during the nine months Campus period, and Rs. 10,000/- p.m. during the internship period.

Service Bond:
All selected candidates, at the time of their joining the course itself, will have to execute a service Bond for serving a minimum of 3 years in the Bank i.e. the date of their joining Bank?s service.

Medical Help
A doctor and clinic would be available at appointed hours in the campus for providing medical assistance to the candidates, if required.

Fee structure:
The fees for this Course will be Rs.3.30 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes/cess, as applicable to be paid by the student as scheduled below:

Within 20 days of the commencement of the PGD(B&F) batch: Rupees One lakh ten thousand only (Rs.1,10,000/-) plus applicable taxes/cess
Within 20 days of the commencement of 2nd Trimester course: Rupees One lakh ten thousand only (Rs.1,10,000/-) plus applicable taxes/cess
Within 20 days of the commencement of 3rd Trimester course: Rupees One lakh ten thousand only (Rs.1,10,000/-) plus applicable taxes/cess

Curriculum and Course Structure
The PGDBF would be a one-year programme comprising of four trimesters of 13 weeks each. First three trimesters would be conducted at Manipal University – Bangalore Campus. The fourth trimester would be devoted to internship to be pursued by the participant at a designated branch of Andhra Bank.

First Trimester
  1. Managerial Communication I
  2. Behavioral Program I
  3. IT in Banking & Finacle - 1 (Deposits & Remittances)
  4. Managerial Economics
  5. Business Mathematics & Statistics
  6. Accounting & Financial Management
  7. Introduction to Banking, Deposits & Remittances
  8. General Management

Second Trimester
  1. Managerial Communication II
  2. Behavioral Program II
  3. Finacle - 2 (Lending, Recovery, Allied Services, & Retail Banking)
  4. Banking Laws
  5. Basics of Lending
  6. Banking Allied Services
  7. Retail Banking
  8. Financial Analytics
Third Trimester
  1. Sales and Relationship Management
  2. Credit & Risk Management
  3. Finacle - 3 (CBS Software - CRM, TF, FP, TM, FX, DB)
  4. Trade Finance & Cash Management Services
  5. Recovery Management
  6. Financial Planning & Wealth Management
  7. Treasury Management & Foreign Exchange
  8. Development Banking

Fourth Trimester
  1. Project at Bank (Internship)

For Details go through..
https://andhrabank.in/english/Recruitment.aspx
Published date : 02 Nov 2015 10:07AM

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