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financial services sector

IT-Trainer NIIT diversified financial matters, management training.

November 1 (PTI Economic Service): NIIT, the name is synonymous with information technology services and solutions providers so far, has recently diversified in the training of managers and professionals Banking. To that end, the company has three new schools - - NIIT Imperia for the training of management personnel; NIIT Litmus qualified personnel for human resources companies and hunger IFBI ITES (Institute of Finance, banks and insurance), to meet the exponential growth of financial services sector in India and overseas markets. NIIT has already announced an investment of about Rs 27 crore in the next three years for all new businesses. Under the IFBI and Imperia, it is first six centres, which would be increased from 15 at the end of next year and 75 in 2009.

In the first phase of strengthening Litmus, NIIT, four specialised centres in Delhi, Mumbai, Chennai and Bangalore. In the next three years, Litmus centres in about 150 cities. With NIIT Imperia, a person does not need a break from the bid management graduate of the Indian Institute of Management (IIMS). Three IIMS - Ahmedabad, Calcutta, Indore and the executive are now its development programmes at the disposal of six distance-learning Center in the country on the technology available to NIIT. NIIT has recently announced a public-private partnership with three IIMS to start Imperia, the management of labour market training frameworks for synchronous learning with technology. The content, teaching and certification and knowledge of the area is one of IIMS, while technology, synchronization classrooms across the country and managing the education system are distributed by NIIT. “Currently we have six advanced learning centers in six cities (the four metros and Bangalore and Hyderabad) for an investment of 5 crore business in the next three to five years, we hope to reach 75 cities of RS 20 crore investment, ”NIIT Chairman Rajendra S Pawar said.

First, two programs each participant IIMS would be proposed. It includes three general management programmes for professionals with a minimum of three years experience, six or 10 years, Indore IIM, Ahmedabad and Calcutta, respectively. A strategic programme of Business Communication of IIM Ahmedabad, a course on finance Applied IIM Calcutta and a programme of sales and marketing management of IIM Indore are available. The programs are pricing in the field of R-54000-R 2.00000. The content, teaching and certification programs under the Imperia is one of IIMS and technology synchronous classrooms across the country and management of education system would be distributed by NIIT, he added . — Learning synchronous technology allows remote access to classrooms to live with the Faculty teaching establishments. The classes will be run after working hours and weekends, allowing students to continue their work and education simultaneously. Under the system of the Faculty, an internal studio is located inside the campus of the IIMS and students, through meetings, interactive two-way video and audio and other software to replicate face-to - face teaching. The diversification of hunting activities in the head of the company, NIIT has also recently a new institute, NIIT The court, which would have qualified personnel human resources ITES hunger.

Krishan Dhawan takes over as MD of Oracle India

Krishan brings with him rich more than 25 years of experience in the financial services sector and capable service sector, already with Bank of America for 23 years in Asia-Pacific and U.S. markets, “said Keith Budge, Senior Vice President, Oracle Asia-Pacific.

Krishan succeeds Shekhar Dasgupta, Oracle left India after the end of May 2005 at a career in the academic field, having worked with the company for over 12 years. Meanwhile, Mr. Dasgupta, after India with Oracle as a consultant for the company.

Krishan Oracle in March 2005. He brings with him over 25 years of management experience in financial services sector and information technology compatible services sector in India and worldwide.

Before joining Oracle, Krishan spent 23 years with the Bank of America NA leader various operations throughout the Asia-Pacific and U.S. markets. He quickly advanced in various leadership and ultimately serves as Senior Vice President, Asia, Corporate and Investment Banking in Hong Kong, and finally as Managing Director for International Corporate Banking, whose Headquartered in Los Angeles.

Krishan economy is a degree with distinction from St. Stephen’s College, University of Delhi, and completed his MBA from the Indian Institute of Management, Ahmedabad.

Kotak planning training course.

Mumbai-based banker Uday Kotak is now eyeing a role in the training field with plans to establish a foundation for the promotion of education for the under-privileged children.

Mr. Kotak initiative is led by its aid Shivaji Dam, which was for the establishment of group life insurance arm, and is currently a member of the Board of Kotak Mahindra Bank. Sources said to be talks with several NGOs for possible partnerships. While the size of the corpus is not known, it is supposed to be RS 10 crore.

“There are three main social sectors - education, health and social infrastructure - which must be on an urgent basis. Our’s is a small initiative in one of these sectors,” said a source. The focus on language training (including spoken English) to help under-privileged children so that they can be employed in sectors such as ITES, the sources said.

Mr. Kotak, a graduate of the Jamnalal Bajaj Institute of Management Sciences, is best known for his involvement in the financial services sector put up with Kotak Mahindra Finance for the year 1986. This trip in the bill discount business was followed by entry into several other sectors like investment banking and trading securities.

During 1998, but also in business management. The most significant change in’03 happen if Kotak Mahindra Finance himself transformed into an investment bank. In’04 in venture capital to businesses during the next year, an expansion in real estate funds.

Microsoft, Bill Gates, head of a foundation, the Fund AIDS / HIV prevention at home, while the Azim Premji Foundation (APF) in education. In addition, Mr. Kotak decision, Mr dam is so similar to the APF, Dileep Ranjekar a career Wiproite plays a key role in the execution of the Foundation.

Banks Lead Summer Placements

The banking and financial services sector has taken the lead as regards summer placements at Indian management schools, although the interest in FMCG (fast moving consumer goods), Pharma and IT continues. However, it has become clear that information technology (IT) no longer reigns supreme.

At Delhi’s Faculty of Management Studies, there has been a revival of interest in finance, especially in areas like treasury operations, corporate banking and consumer banking. The Indian Institute of Management, Bangalore (IIM-B) received 60 offers of summer placements. Finance, banking and insurance companies occupy the top slot with 28 percent offers, while FMCG companies made 23 percent offers and IT companies made 20 percent offers. Placements from the pharmaceutical and healthcare companies were 11 percent and the remaining 9 percent came from market research and consulting companies. In Xavier Labour Relations Institute (XLRI), Jamshedpur, 37 percent students have been placed in the banking and finance sector and 27 percent in FMCG and marketing.

Bank, finance generally sleep space, many opt-out

While former Indian Institute of Management (IIMS) have kicked-off their final placement, youth are a good presentation of the show. Although banks and financial services sector judgement has been so far from campus, many students have to wear the hat business.

IIM-A: zero days of location, the Indian Institute of Management in Ahmedabad has seen 25 companies, mainly in consultancy, banking and finance fields. A similar number is expected in the coming days. About 11 students arising from investments of the Institute this year, start their own businesses.

Some of these students have been six figures published by Goldman Sachs and Lehman Brothers. Pupils and students to plan their projects in areas such as logistics, manufacturing, advertising, finance, agro-processing and information technology.

IIM-Indore: In 10 years of IIM, Indore, over 95 companies internships for students registered and 173 have received 367 offers. The average salary was Rs 13.07 lakh per annum. Procter & Gamble and Edelweiss recruited for the first time during the final placement.

Two students have internships to start their own businesses. The average salary for marketing flows stood at Rs 12 lakh per annum, the highest ever IIM-Indore. Banks and financial sector continued to dominate the investment scene in Indore IIM-with an average grade of RS 4 lakh per annum.

IIM-Kozhikode: Almost 200 bids were the two days. The party had received 100 lateral offers. A student was chosen for the first time with his own venture. About 80 companies have focused on campus and McKinsey, Accenture and HSBC. Financial consultancy and real estate has so far been the preferred choice for students this year. The average salary is considerably higher than the previous year (RS 13 lakh). The courses will be announced on March 7.

MICA: The Mudra Institute of Communications Ahmedabad (MICA) is located close to packing up his final placement. About 94 students of Post-Graduate Program in Communications Management (PGPCM) for courses this year.

Close to 40 companies on campus this year and a total of 103 offers were made. Students have 36 Pre-Placement. Last year, the average wage was proposed Rs 7.5 lakh, which is something higher this year. Motorola has the largest offer of Rs 11.78 lakh for a sales and marketing position. Fire management companies have armies of the room, media monitoring, data analysis, marketing companies and account planning agency.

XIM-B: The Xavier’s Institute of Management, Bhubaneswar (XIM-B), 62 enterprises have participated in trials and a total of 248 offers a batch of 118 students. Finance and have proved major train with 35 percent of the batch opting for jobs in the banking and financial sector.

The offer was higher at Rs 16.5 lakh per annum, proposed by JP Morgan Chase. In FMCG and the media, the highest wages were Rs 10.5 lakh and Rs 11.5 lakh, respectively. Approximately 25 new companies came on the campus of the first hour.

XLRI: The Xavier Labour Relations Institute (XLRI) Jamshedpur, offers 298 were in a batch of 180 students of the highest national supply of Rs 28 lakh. The offer national average stood at 14.75 lakh In addition, 12 cases were international tenders at an average price of $ 90000 for the first time, staff interim contain JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum, Aptivaa among others.

Approximately 31 per cent of offers were in financial matters. 21 per cent of students had received offers consultancy services. Microsoft, HCL, Infosys, whose conscience of Wipro and others, that the technology sector supply side. 11 per cent of the charge agreed to respond to these offers.

Goa Institute of Management (GIM): GIM, 119 students were 40 companies in the final placement.

Companies like Hindustan Unilever, State Bank of India, Marico, Vodafone, Mercer Consulting, Thomas Cook, Deloitte and Citiglobal visited the campus. Among the 72 companies registered with GIM recruitment, only 40 were able to recruit. The students were recruited with such profiles transition as a manager, strategist of the arbitration, research, risk management, evaluation, branding consultancy and strategic human resources.

Symbiosis inks MoU with Stan Chart Course for Retail Banking

NEW DELHI: Global Banking, Standard Chartered Bank giant said today, it happens with your hands Pune-based Business School Symbiosis Institute of Management Studies (SIMS) for a period of one year a course on the promotion of talents of retail banking.

The headquarters UK Chart Stan, which is the largest foreign bank, India and the SIMS today signed a Memorandum of Understanding, pursuant to which SCB Consumer Bank Academy SIMS would be jointly and offer the Post Graduate Program in retail banking and distribution.

The students who opt for the program, all being absorbed by the bank and on-the-job training. They are also an opportunity, during work to be done on how they should be made available during the internship bourse, the bank said in a statement.

“The demand for talented people in the banking and financial services sector far exceeds the supply. In this partnership, the bank put their knowledge and understanding for banks domain, and SIMS, the ability to the promotion of talent. Together, we want the best professionals in the retail banking sector, “Stanford Chart regional director of the consumption of the bank (India and Nepal) said Murali M Natrajan.

The programme of 300 students, at least for this year.

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