ICICI Bank ties up with NIIT for MBA courses

ICICI Bank, the country's largest private sector bank, has signed an agreement with NIIT University to launch a Master of Business Administration (Finance & Banking) programme.

In a first of its kind partnership, the agreement was signed between Chanda Kochhar, managing director & CEO, ICICI Bank and Rajendra S Pawar, founder, NIIT University.

This two-year programme combines conceptual rigour with experiential learning through a unique collaboration between the domain expertise of the university, and the functional expertise of the banking industry. The students will also undergo an industry-linked internship at ICICI Bank during the course duration. On successful completion of the program the students would directly assume middle-management responsibilities in ICICI Bank. The programme is expected to commence from April 2011.

Commenting on the partnership, Chanda Kochhar said: "India today is poised at a unique moment in its history, with prospects of sustained high growth driven by strong fundamentals. The financial sector will support and indeed catalyse India's robust and inclusive growth process. To take full advantage of this environment, the country needs business leaders with a high degree of knowledge, analytical skills, business acumen and people management skills. This tie up is a step towards grooming such leaders."

Speaking on the tie-up, Rajendra S Pawar said: "This MBA programme will groom research minded managers for the Century of the Mind.”