Journalism of Courage
NIBM targets to reach at least 1,000 bankers across country in year
In the wake of largescale attrition level and an increasing gap between the entry-level and senior-level managers,the National Institute of Banking Management has come up with a unique course to generate middle level managers Starting July this year,the one-year programme for bankers will help prepare them to take on larger responsibilities.
The course,cleared and accorded by a committee headed by KV Kamath in 2009,aims at reaching out to 1,000 bankers across the country in a year.
The executive post graduate programme in banking and finance will boost the existing staff in the banking sector. Through virtual classroomswe plan to extned our reach to as amnay banks as possible across the country, said NIBM director Dr Ashish Saha.
Through videoconferencing as well as the latest IT devices and even actually having the NIBM staff visiting banks for training,the executive post graduate programme in Banking and Finance will cover key aspects of banking, said Dr M Ramesh Kumar,professor at NIBM.
The programme will cover all aspects of the banking sector such as to deal with risk management,corporate finance,derivatives and retail finance. Senior officers of the Reserve Bank of India (RBI) said such modules would definitely help prepare better bankers as well as a good banking system. The course will help the new entrants to get better placements, one of them said.
Kumar said loads of knowledge and skill would be shared in the one-year programme and the students could also come down to the NIBM campus. There will be both classroom lectures as well workshops that will give better knowledge to them.
Most senior level officers in the banking sector,plagued by largescale attrition,are in the 50-60 age group. With retirement age at 60,there is a need to prepare managers for the job at an early age. A separate course will help lessen the gap, a banking professional said. With the NIBM,established as an autonomous institute by the RBI with the mandate of playing a proactive role,working as a think tank,the course will help create qualified staff at all levels in all banks (private,public and cooperative) across the country,he added.
Another officer said such programmes would bring quality improvement among bankers in the new competent environment.
