yesh, my apti is in delhi on 5th..s Is anybody else as well getting the same centre??
Hi Kunal. FYI.
For any further queries: Call 022 39857652 /39857987 /39857984 /39857981
Thanks
Subrat
i called them; they said my app id is not in their database. I provided them details by which they could locate me but of no avail.
They took my no. and said they will call me tomorrow. 
anyone with centre @ lucknow???
Anyone has any idea related to Mgr Gr 2 work profile @ ICICI
Hi Guys,
My call is on 6th Feb and the location is chennai. I am not preparing anything for this, and had no clue how it s going to be?
Hey anyone taking BMAT on 5th? I wanted to check if we need to carry anything apart from the call letter for the exam..any idea guyz? The numbers seem to be perpetually busy..:lookround:
mine BMAT is also schedule on 5th feb in delhi. But i have only 2.5 years of Work Ex.
bhai log, just give ur opinion that 240 new recruits (120 ka 2 batch) all with 15 lacs CTC isn't too good to be true?
rahul.dilsedost Saysbhai log, just give ur opinion that 240 new recruits (120 ka 2 batch) all with 15 lacs CTC isn't too good to be true?
I have checked with one of my friend. I got a message that usually the manager brand 2 get around 8-10LPA and position is good one. So not sure how it is going to 15LPA. Another thing is that, they are wholesale banking, global risk management and information technology functions. So I think acquiring 240 in a year is not a big deal as per the ICICI Bank, if the course continue for more than 3 or 4 batches, then it might be challenge.
Not sure about the how the Program standard is going to be. Another thing, why are not they allowing ICICI bank employee? So people what do you think??
Friends..... i have test on 12-fab. Anyone has any idea about test structure????
sourabh_elex SaysFriends..... i have test on 12-fab. Anyone has any idea about test structure????
I got sms that my exam on 5th Feb 10am and again after half an hour got another sms exam on 6th Feb 2pm.Need to check with HR people. Anybody has any experience like this? Location Bangalore Arharya Institute.
yaar it seems really too good since the figures offered are rare in premier b-schools too. Is there any catch that only this many % will be finally absorbed post degree or things like that. Anyone having the original ad copy?
sourabh_elex SaysFriends..... i have test on 12-fab. Anyone has any idea about test structure????
finally someone with BMAT on 12th. welcome to the club mate. my centre at lucknow.. I'm B.Tech Mech with 4 yrs of work exp. in manufacturing (Murugappa Group). what about u
rahul.dilsedost Saysyaar it seems really too good since the figures offered are rare in premier b-schools too. Is there any catch that only this many % will be finally absorbed post degree or things like that. Anyone having the original ad copy?
No where they mentioned for %. Ad you can find in date 10-15th TOI paper. Detail is available in FAQ section.
I'm also from manufacturing group ( Vedanta resources ) & having 5 years of exp. But my test center is in kolkata.
I have checked with one of my friend. I got a message that usually the manager brand 2 get around 8-10LPA and position is good one. So not sure how it is going to 15LPA. Another thing is that, they are wholesale banking, global risk management and information technology functions. So I think acquiring 240 in a year is not a big deal as per the ICICI Bank, if the course continue for more than 3 or 4 batches, then it might be challenge.
Not sure about the how the Program standard is going to be. Another thing, why are not they allowing ICICI bank employee? So people what do you think??
rahul.dilsedost Saysbhai log, just give ur opinion that 240 new recruits (120 ka 2 batch) all with 15 lacs CTC isn't too good to be true?
This is a clever brand building program. They don't want ICICI employees to be part of the program. More outsiders join the program better publicity they will get.
By the way 15 lakhs per annum c2c is not great.
Out of two years of MBA program, candidate would be expected to work for a year (so called "on job training") @ 50000/month (12X50000 = 6lakhs)
& 10, 0000/month as stipend for 12 months (1.2 lakhs)
After completion of MBA there is three years bond, which means 15 lakhs X 3 years (=45 lakhs)
Ultimately a candidate would cost 52.2 lakhs for 5 years (10.44 lakhs/year).
Assuming current bank employee with package of 9 lakhs per annum would get ( 8% hike per year due to inflation)
1st year = 9.72 lakhs/year
2nd year = 10.49 lakhs/year
3rd year = 11.33 lakhs/year
4th year = 12.24 lakhs/year
5th year = 13.22 lakhs/year
Current employee would get 57 lakhs is 5 year, assuming he or she is in same role without any promotion.
One more thing to bear in mind is that NIIT University is not AICTE approved. Infosys also follow similar kind of approach. They have many internal certifications which has no weightage outside. The certifications are only recognised in Infosys you can't encash it outside.
Would an MBA from NIIT carry some weightage outside? I know ICICI experience will.
Your opinion is welcome.
This is a clever brand building program. They don't want ICICI employees to be part of the program. More outsiders join the program better publicity they will get.
By the way 15 lakhs per annum c2c is not great.
Out of two years of MBA program, candidate would be expected to work for a year (so called "on job training") @ 50000/month (12X50000 = 6lakhs)
& 10, 0000/month as stipend for 12 months (1.2 lakhs)
After completion of MBA there is three years bond, which means 15 lakhs X 3 years (=45 lakhs)
Ultimately a candidate would cost 52.2 lakhs for 5 years (10.44 lakhs/year).
Assuming current bank employee with package of 9 lakhs per annum would get ( 8% hike per year due to inflation)
1st year = 9.72 lakhs/year
2nd year = 10.49 lakhs/year
3rd year = 11.33 lakhs/year
4th year = 12.24 lakhs/year
5th year = 13.22 lakhs/year
Current employee would get 57 lakhs is 5 year, assuming he or she is in same role without any promotion.
One more thing to bear in mind is that NIIT University is not AICTE approved. Infosys also follow similar kind of approach. They have many internal certifications which has no weightage outside. The certifications are only recognised in Infosys you can't encash it outside.
Would an MBA from NIIT carry some weightage outside? I know ICICI experience will.
Your opinion is welcome.
Thanks deolekar. Also they are taking 4.5L for course. i checked the NIIT Univ site. It seems to be approved by Rajanstan Govt, so they don't required AICTE approval. If MBA from NIIT doesn't carry any weightage, then Deolekar, you have to add 4.5L in the calculation. Any idea on this and comment.
Deo, nice mail & awsome calcs.
Substracting Future Value of loan amount totaling Rs 5 lacs approx (4.5 lacs for 7 yrs @ 2.5% including EMIs), the total amount becomes Rs 52.5 - 5 = Rs 47.5
This should be divided by 4 since people will be having only 1 yr as internship & 1 whole year as classroom which more or less gives the same figure of Rs 11.8 Lacs.
But this figure is with an asumption that there will be no hike in bond years which seems illogical for any HR policy.
My main apprehension was mass recruitment of 240 MBAs (just like an IT firm recruiting engineers in a college) which still exists.
Subrato talked about AICTE approval which I personally feel is meaningless in MBA degrees, no one literally cares.
good luck guys who have the bmat today ..
guys anyone frm chennai taking up exams tomorrow......Also please tell me whether we need to take the supplementary form with us tomorrow
Hello Friends,
I am new to this forum...saw all posts regarding NIIT-ICICI program... my test was scheduled on 11th Feb @ delhi centre, however i hav recvd an email which states that it has been postponed to 14th feb.
Just getting anxious to know if any of you have the same kinda email....?
Anupam