ICIC I Business Leadership Programme

Post Graduate Certificate in Securities Markets (NISM)

FAQs
Q1. What is the objective of ICICI Business Leadership Programme?
Ans: Under ICICI Business leadership Programme, ICICI Bank has partnered with National
Institute of Securities Markets (NISM) to launch Post Graduate Certificate in Securities
Markets (PGCSM). The programme aims to create professionals such as Treasury dealers,
Fund Managers, Analysts, Institutional Sales Professionals, and Investment Advisors in
the securities markets. This partnership is part of ICICI Group's strategy to capacitise for
growth.
Q2. How can I apply?
Ans: Log on to www.icicicareers.com and fill up the application form online. Test Dates &
Locations will be announced at a later date for which you will get an e-mail/SMS.
Q3. Which are the locations at which the process is being conducted?
The process is likely to be conducted at the following locations:
Bangalore, Mumbai, Pune, Kolkata , Hyderabad, Chennai, Delhi
** The above centres are likely to change.
Q4. Who can apply?
Age - Participants should not exceed 30 years of age (as on June 24, 2014)
Educational Qualifications o Graduate in any discipline (minimum 55% in graduation).
o 12th and 10th - (minimum of 60%) [Additional - Should have studied
Mathematics at the Intermediate level].
Working professionals who are CAs / Engineers / Graduates in any discipline(s).
Work Experience - Minimum of 3 years (Full time experience).
Professional Experience - Preferable work experience in corporate finance,
treasury or investment verticals in organizations.
Q5. Can relatives of employees in ICICI Bank and other ICICI Group companies apply to
the ICICI Business Leadership Programme?
Ans: Blood relatives (Brother, Sister, Spouse & Children) of ICICI Bank employees cannot
apply. Blood relatives of ICICI Group Companies employees can apply.
Q6. What is the selection procedure?
Ans: The selection will be through a multi stage selection process comprising of:
a. Aptitude Test.
b. Case based group discussion.
c. Psychometric Profiling.
d. Interview.
Q7. How will you inform me if I am shortlisted for the selection process?
Ans: Short listed applicants will be intimated though email & SMS. A call letter informing
them about the venue and date of the process will also be sent through e-mail.
***Please ensure that your e-mail address & mobile numbers are updated with us.
Q8. When is the selection process being held?
Ans: The selection process is likely to be held in March 2014- April 2014.
Q9. What is the structure of Post Graduate Certificate in Securities Markets?
Ans: The programme curriculum is aligned with the needs of the industry. The unique
design of the programme focuses on providing a high degree of industry exposure, by
academic and functional experts, from the financial domain and the BFSI sector, working

in tandem. The programme has a desired blend, wherein students will undergo industry
linked internship at ICICI Bank.
The selected participants will undergo a one-year full time PGCSM programme in
Securities Markets at NISM campus at Navi Mumbai. The internship phase would be
organized in ICICI Group.
The PGCSM course structure will be as follows:
The Programme is designed with the view to providing the participants with the optimum
blend of theory and practice.
Duration of the course is 12 months which consists of 9 months of classroom
training & 3 months of internship in ICICI Bank.
Q10. If I am selected what will be the fees for the Post Graduate Certificate in Securities
Markets?
Ans:
To pursue the Post Graduate Certificate in Securities Markets, the interested
participants will have to invest ` 2.52 Lacs (Rupees Two Lakhs Fifty Two
Thousand), which would be provided by ICICI Bank as a subsidized loan at an
interest rate of 2.5% p.a.
Participants also have option of hostel facility. For participants who wish to take
hostel facility - participants will have to invest ` 2.88 Lacs (Rupees Two Lakhs
Eighty Eight Thousand), which would be provided by ICICI Bank as a subsidized
loan at an interest rate of 2.5% p.a.
The participants would have to pay for the refreshments and any other incidentals
on actuals on a monthly basis to the Institute.
The Loan Agreement will have to be signed by the participants soon after joining the
campus. However, the participant will have to get the guarantor form ready before joining
the campus for programme.
Q11. How do I stand to benefit as far as the cost of programme is concerned?
Ans: Despite the ` 2.88 lacs being paid by the participants, it is a benefit for him since
the loan is being extended by ICICI Bank at subsidized interest rate of 2.5 % p.a.
No EMIs/Interest will be recovered during the programme period. During the 9 months
classroom-training period the participants will be paid a stipend of `10,000 (Rupees Ten
Thousand) per month, to cover the incidental expenses & during the 3 months internship
phase with ICICI Bank, the participants will be paid a stipend of ` 50,000 (Rupees Fifty
Thousand) per month to cover the expenses incurred.
The EMI/Interest recovery starts only from the 1st salary drawn on joining the bank after
completion of the programme & internship.
On successful completion of the course participants will be absorbed at ICICI Bank as a
Manager Band I (or in group companies at the equivalent grade).
The starting remuneration on Cost to Company basis for participants will be in the range
of ` 12.5 lacs and above [per annum].
Q12. What would be the implications if I were to leave/resign during the 1 years training
programme due to any circumstances?
Ans: In the event of a participant's discontinuation from the PGCSM Programme for
whatever reason whether voluntary or otherwise, ICICI Bank would be entitled to forthwith
recover the entire participant-share of fees of ` 2.52 Lacs or ` 2.88 Lacs as applicable,
along with interest at the rate of 15% p.a [plus service tax as chargeable] from the date of
disbursal till the date of discontinuation, and thereafter interest at the rate of 24% p.a till
repayment of the Loan in full.
The EMIs for the loan would start once the participants have joined the Bank. There would
be no recovery of EMIs or interest during the initial programme period of 1 year. The EMIs
are spread over a period of 36 months from the start date of employment with ICICI Bank

and will attract a rate of interest of 2.5 % p.a. to ensure that there is minimal impact in the
monthly earnings. The EMI will be approximately ` 8000 per month.
Q13. What would be the implications if I were to resign after joining bank at Grade
Manager-I, anytime due to unforeseen circumstances?
Ans: On successful completion of the PGCSM Programme, you will be required to work
for ICICI Bank for a minimum period of 3 years. If for any reason you choose to leave the
services of ICICI Bank within 3 years of joining, you will be required to reimburse ` 10 lacs
(Rupees Ten Lakhs), towards cost of education and stipends paid and the opportunity lost
for the organization. Please note that if you leave the service of ICICI Bank before
repayment of the Loan, you will have to pay interest as applicable and described above (in
the course fees section). For the purpose of grant of subsidized loan, academic certificates
of such participants will be retained by ICICI Bank for the period of loan, as a security.
Q14. Would I be required to pay any other amount?
Ans: Yes. If you are selected for the certificate programme you would be required to
deposit ` 10,000 (Rupees Ten Thousand) towards admission security deposit along with
submitting your acceptance to join. The procedure for this will be explained in your
Invitation Letter. This amount will be refunded to you on completion of 90 days
programme at the University.
However, if you do not join the programme after confirmation or leave the programme
within 90 days of joining, this amount will be forfeited.
Q15. What would be my salary once I join the bank after training?
Ans: Your gross annual salary on joining the bank will be approximately ` 12.5 Lakhs
(Rupees Twelve Lakhs Fifty Thousand) on cost to company basis.
Q16. Would I be required to sign any agreement for the loan?
Ans: Yes. Loan agreement, as is required for any loan that an individual avails from a
bank, would have to be signed. Processing charges/Stamp Duty as decided by the bank
will have to be paid by you for the agreement.
Q17. What are the areas in which training will be provided?
Ans: Participants joining the ICICI Leadership Programme will be enrolled for Post
Graduate Certificate in Securities Markets (PGCSM). Participants joining will be trained in
the areas in Capital Markets.
Q18. When will the Post Graduate Certificate in Securities Markets commence?
Ans The programme will commence in June 2014.
Q19. Where will the training be held?
Ans: The training will be held in NISM campus at Navi Mumbai.
Q20. Which functional area, location would the participants be placed post completion of
the Training and Internship?
Ans: Specialization in a functional area is decided by the Bank based on the prevailing
needs and business requirements. Further the location of posting is decided by the bank
on the basis of business requirements.
In case of any more queries - please write in at icicicareers@icicibank.com