United Bank of India and NIIT IFBI ink pact to offer Post Graduate Diploma in Banking and Finance

New Delhi:  United Bank of India and NIIT Institute of Finance Banking & Insurance Training Ltd. (IFBI), a subsidiary of NIIT Ltd., have collaborated to launch a 12-month Post Graduate Diploma in Banking and Finance.  The course, offered at NIIT University, will help the newly recruited probationary officers with robust skills sets and vital insights needed to undertake various roles as banking professionals.

The 12-month Post Graduate Diploma in Banking and Finance aims to develop and empower professionals with necessary skills and knowledge in context of modern-day banking and financial services by developing competencies in 4 dimensions – domain knowledge, technology, application and customer service. Under this partnership, NIIT IFBI and NIIT University will provide training to candidates, organize academic sessions in specialized areas of banking and finance, provide opportunity to learn banking software – Finacle and also impart business and cultural orientation, at the NIIT University Campus in Neemrana, Rajasthan.  On successful completion of the program, the probationary officers will join United Bank of India.

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 Mr. Pawan Kumar Bajaj, Managing Director & Chief Executive Officer, United Bank of India said, “United Bank of India’s tie-up with NIIT IFBI reinforces our vision to emerge as a dynamic, techno savvy, customer-centric, progressive and financially sound premier bank of the country. With this strategic partnership with NIIT IFBI we are confident of creating a large pool of industry-ready talents. This program will equip the candidates in various aspects of job roles as a probationary officer.  Banking is going to play a significant role in India’s progress, and this program will help create a pool of competent professionals.”

Commenting on the partnership, Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Ltd said, “Since inception, IFBI has forged partnerships with leading banks to provide professionally trained manpower for the BFSI sector. As pioneers and industry leaders, we continue to identify and professionally train manpower for banks, while empowering aspiring youth to access challenging careers in the sector.”

 Prof. VS Rao, President, NIIT University said, “In line with our commitment to offer industry-linked education in the emerging areas of the knowledge society, we are happy to join hands with United Bank of India and IFBI to impart the cutting-edge training programs in banking & finance at our University campus in Neemrana.”

In the PG Diploma in Banking and Finance program, the probationary officers will undergo 9 months of class work at the NU campus and 3 months of internship at the bank’s branches. The first batch has commenced at NU. United Bank invited applications from eligible candidates and selection for this program was done through IBPS examination and interviews.

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