Institute of Finance, Banking and Insurance is an NIIT Venture with equity participation by ICICI Bank. It is the coming together of two leaders in their respective fields acknowledging the need and the opportunity of the times.
Institute of Finance, Banking and Insurance reflects the strengths of both these parents. NIIT's expertise in the design and conduct of distributed non-formal education and its experience of manpower-development for India's IT sector, are combined with ICICI Bank's domain-knowledge across the spectrum of financial services and its leadership status within the banking sector. Institute of Finance, Banking and Insurance offers an unbeatable combination for the student, and the industry.
Recognising that the limits to growth of this sector in India may come from scarcity of talent, one focus area of Institute of Finance, Banking and Insurance is to groom entry-level professionals in Banking and Insurance. Re-skilling existing professionals in the Financial Services sector - who are being overwhelmed by reforms, technology advancements and changes in attitude & approach in this sector - is another focus area for Institute of Finance, Banking and Insurance.
Enhancing the skills of existing practitioners by providing them knowledge in emerging areas like capital and commodities markets is another dimension of professional development that IFBI intends to pursue.
The financial services professional of today reflects the same changes - in addition to being an expert in his domain, s/he is today thoroughly hands-on application-oriented, technology-savvy and customer-friendly.
Institute of Finance, Banking and Insurance's offerings are designed in this context of modern-day Banking, Insurance and Financial Services by developing competencies on 4 dimensions - domain, technology, application and customer-service. These 4 competencies are the defining characteristics of Institute of Finance, Banking and Insurance's programs of study and of students and professionals groomed by it.