@coolsir got the input form icici friends. varible is already included in the figure of 15 lakhs since they have mentioned it as CTC.
@coolsir
@coolsir said: @mba85pag Hi @mba85pag,are you sure that 15 L or the package they offer had variable component included in it? or the 15 L package is fixed (though includes things like LTA, medical etc) and variable would be separately calculated say for eg: 20% of 15L and total would be 18L.can u please confirm this as this would be a very important factor for me to decide
@coolsir said: @mba85pag Hi @mba85pag,are you sure that 15 L or the package they offer had variable component included in it? or the 15 L package is fixed (though includes things like LTA, medical etc) and variable would be separately calculated say for eg: 20% of 15L and total would be 18L.can u please confirm this as this would be a very important factor for me to decide
Hey fellow puys,
I agree mentioned 15L will include variable and also target based component if any.
My queries are:
1> Is it guaranteed that, all the pass-outs will be absorbed in the bank irrespective of the market condition then? Candidates will have to sign a 3-year bond but is there any bod other way around?
2> Will this MBA degree from NIIT have any value in the market if the answer to query#1 is not affirmative.
3> What is the ranking of the college without its tie-up with ICICI.
PS: I know, I am being pessimistic than required, but knowing answers to these questions will help. 
Hi Puys,
I had my test on 28th july, it seemed to be very easy with most time being consumed in visual reasoning but just with more questions in less time, else much simple than MBA CET this year in Maharashtra.
Do you have any idea about result? How many members here have exam after 2nd Aug?
abe tum logo k pas kitna time hai .... 
@[260716:prsnn_nrynn] if u not received any ICICI HR call then no issues. But I posted since I got the same and they really asked that you took the exam and was everything in place..
May be its kind of quality check survey ..
@[600869:coolsir]m nt sure why r u going for such program after so much work ex... even u try fr a job chng u will def get 13-15 lakhs that too on same day u chng job. Here u have to wait total of 5 yrs and in 3 yr bond i dnt think they will negotiate anything with u.
@[306295:anifunny]
1) In the real business world scenario there is no surety that ICICI will give u the same designation as stated if there is no requirement. and even if they give u same will reduce the package.
2) NIIT university degree has no value without its tie up with ICICI . U can easily see that it's just another Private university. If some one is doing MBA from university like this I wld suggest to go for Amity.
any body go the results?
@@[472541:rockpulkit] But there will be a contract. They have to give you Manager II grade with the stated package. Still it would be advisable for the selected candidates to go through all the conditions carefully and look for any hidden or ambigous clauses. The main disadvantage in this front is that not a single batch has passed out of such a program. Otherwise we would have known what the reality is.
@ @[589819:kbcat2012]@ @[472541:rockpulkit] Friends I had conversation with Upasana who is in her 2nd year in BLP and I understood from it that this is really good program and the people in that batch are just close to finish the course and everything is going as per the things mentioned in by ICICI. Yet they did not find a fine print anywhere
@thoratnr thanks a lot. that's a positive news. be in touch with her and let us know of any other details you can get hold of..
Hi All,
I find tow major disadvantages with the above program:
1) saturday working- saturday is working in banking industry and ICICI employees start work at 8: 45 in morning and leave not before 9 pm.So saturday working does not seem to be good in the long run.
2) After working for ICICI bank for 3 yrs post MBA and if anyone wants to switch to any other industry then it would be very difficult as we can easily switch to another bank but not to other industry other than banking.Specially if you are interested to switch to industry having 5 working days in a week.
These are experiences of people currently working in ICICI bank.
Please let me know of your comments.
@AnkJai said: Hi All,
I dont take it as a disadvantage. this program is designed for those who ARE willing to work in a bank. Below are the points to be considered even before appearing for this process:
You should go for this program if:
1) You want an MBA with the least investment and maximum ROI (talking in terms of fees that other reputed b-schools charge for an MBA) .
2) You want to enter into Banking industry.
3) You are willing to go an extra mile, and hard-work is not a problem for you, and you feel that your current job doesn't fulfill these aspects.
4) You want to get into the Management role and you feel your current role/job would take 4-5 years more to get you up to that level.
YOu should NOT go for this program if:
1) You need a 'branded' MBA.
2) You have no clue of what industry you'd actually enjoy working in, and you still might be doing well in your current job.
3)You just need a change from what you're currently doing.
4)You find the package very lucrative ('cos a person with 7-8 lpa applying fr this prgrm can manage to get to arnd 12-13 lpa with a gud switch and little bit more of hard work in 2-3 yrs)
5)You like IT culture (if frm IT industry) - working 5 days a week, no strict deadlines, 9 to 5 schedule, etc.
Let me know your thoughts on this.
You should go for this program if:
1) You want an MBA with the least investment and maximum ROI (talking in terms of fees that other reputed b-schools charge for an MBA) .
2) You want to enter into Banking industry.
3) You are willing to go an extra mile, and hard-work is not a problem for you, and you feel that your current job doesn't fulfill these aspects.
4) You want to get into the Management role and you feel your current role/job would take 4-5 years more to get you up to that level.
YOu should NOT go for this program if:
1) You need a 'branded' MBA.
2) You have no clue of what industry you'd actually enjoy working in, and you still might be doing well in your current job.
3)You just need a change from what you're currently doing.
4)You find the package very lucrative ('cos a person with 7-8 lpa applying fr this prgrm can manage to get to arnd 12-13 lpa with a gud switch and little bit more of hard work in 2-3 yrs)
5)You like IT culture (if frm IT industry) - working 5 days a week, no strict deadlines, 9 to 5 schedule, etc.
Let me know your thoughts on this.
guys!!! any information regarding result???
+ 1 with @[259455:naveen67]
@[600869:coolsir] if ur currently getting 11lacs...i dnt think this is for u cause:
1. u would be loosing 11lacs for 2 yrs.
2. u would get 15 lacs after 2 yrs
3. u would reach or earn more than 15 lacs in ur current job also
At last choice is yours.
@[601415:AnkJai] Are you sure its 6 days working??
@[205200:amit_k4] the next rounds of selection process consist of group discussion and personal interview, which will be conducted between 9th August 2012 to 13th August 2012. so results may be out by this weekend
lets hope result is out by this weekend....but i dnt think so ....as they are conducting test this weekend also.