| Industry – Academia Partnership
The banking and financial services sector is undergoing unprecedented growth.
Today the sector employs 9 lac people and is estimated to employ 15 lac by the year
2012. However, one of the crucial impediments to growth is the acute shortage of
manpower talent of this specific nature. The banking and financial services industry
(BFSI) requires employees with the solidity of domain knowledge blended with
contemporary skills. In view of this emerging skill gap, ICICI Bank pioneered a
partnership with academia in August 2006.
ICICI Bank has collaborated with universities and colleges at the graduate level to
vocationalize education. This is being done through:
- Designing of curricula and developing content on the BFSI sector
- Sharing of e-learning courses and setting up of e-learning centres
- Conducting faculty development programmes
The blend of theoretical information, self paced e-learning courses and practice/skill
development education provides adequate knowledge and practice for students who
wish to commence a career in banking. This collaboration with ICICI Bank will help
academia prepare young people to handle banking transactions and services.
The collaboration is likely to change the face of young banking recruits – from
tentative starters to confident professionals.
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