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Kotak Mahindra Bank Manipal School of Banking PGDBF Programme

About the Programme
The Kotak Probationary Officer Course has been set up jointly by Kotak Mahindra Bank and Manipal University. The course has been set up to attract bright young graduates to a career in Banking with Kotak Mahindra Bank. The complete course duration will be 12 months, comprising of nine month full-time residential course which is followed by three months of internship in one of the branches at Kotak Mahindra Bank. Those who successfully complete this one year intensive course will be awarded a Post Graduate Diploma in Banking and Relationship Management (PGDBRM) by Manipal University and will be subsequently absorbed as Probationary officers in the Bank in Relationship Roles as a job profile.

Eligibility Criteria (as on the date mentioned in notification)
Education Qualifications: Bachelors Degree in any discipline from a recognized University OR any equivalent qualification recognized by Central Government with 60 % (50% for non engineers) or above marks.

Age: Minimum 21 years, Maximum 25 years.

Selection Process:
The selection will be through a multi stage selection process comprising Online Aptitude test, Personality Profiling. Cultural fit profiling and Personal Interview.

Probation Period
Each student on successful completion of the Course (12 months – 9 months class room inputs, 3 months internship at Kotak Bank branch) will be absorbed as a Probationary Officer in Deputy Manager Grade on the rolls of Kotak Bank. An individual Probationary Officer would have a probation period of one year in which he / she would be expected to perform the duties and tasks assigned to them diligently with adherence to the process, practices and values of Kotak Bank.

Compensation and Stipend
On joining Kotak Bank as a Probationary Officer post completion of the Course (12 months) successfully as per the criteria laid down, for the first year the Probationary Officer will get a gross annual salary of Rs.3.5 Lakhs. Additionally the PO would be entitled for one time guaranteed Annual Bonus of Rs. 50,000 / - on successful completion of one year of service in Kotak Bank subject to attaining a minimum performance.

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. 20,000/- p.m. during the internship period.

Course Fee:
Rs.3 lacs + applicable taxes+ refundable Admission Security Deposit of 5000/-. This amount will cover all boarding, lodging and tuition fee expenses for the 9 months classroom Course at Manipal Education. To reserve a seat in the batch, the applicant will have to deposit the below before the start of the Course. In addition to the above, there is a Notional Fee of Rs. 1,00,000/- which shall be borne by Kotak Bank.

Service Agreement
All selected applicants, at the time of their joining the Course itself, will have to execute a Service Agreement. The Service Agreement will cover details pertaining to monies to be recovered in case if the student leaves or is asked to leave during the Course period or post joining Kotak Bank, the Probationary Officer leaves or is asked to leave (whether loan is availed or self-funded).

The programme would be of one-year duration comprising four terms. The first three terms would be conducted at the Manipal University Bangalore campus and the fourth term would be devoted to internship to be pursued at nominated branches/offices of Kotak Mahindra Bank.

Course Credits:
Credits have been assigned to each course based on the hours of study/learning and other associated activities like case studies, tutorial discussions, case-presentations, lectures, library work and practical-work in laboratories etc. The credits assigned to each course are as given below.

Award of Postgraduate Diploma:
The Trainee Officer would have to pass in each course to acquire the credits for that particular course. He/She would become eligible for the award of the diploma on successfully completing 70 credits of course work by the end of the programme.

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Published date : 02 Nov 2015 11:22AM

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