ICICI bank (Profile and Placements at B-Schools)
Name: ICICI Bank;
Industry: Banking, Financial services;
Area served: Worldwide;
No. of Employees: 81,254 (2012);
Turnover/Revenue: US$ 13.52 billion (2012);
CEO: Chanda Kochhar;
HR Head: K. Ramkumar;
Subsidiary: ICICI Lombard, ICICI Prudential Life Insurance Company Limited, ICICI Securities Limited, ICICI Prudential Asset Management Company Ltd, ICICI Venture, ICICI Home Finance, ICICI direct.com, ICICI fund (Domestic) and ICICI Bank UK PLC, ICICI Bank Canada, ICICI Bank Eurasia LLC (International);
Atraining ground for finance professionals, ICICI is famed for being the grooming centre for future CEOs. The firm offers both managerial and executive positions to freshers. It is slightly liberal in offering managerial positions even to freshers from Tier 2/3 schools, but insiders do say the pay and perks vary. The most common position on offer is Relationship Manager. About 40% of the sample had the same position. Website reviews do give thumbs up to the opportunities available to freshers. But long work hours, almost nonexistent leaves as well as a slightly haphazard assessment system and reward schemes have come for complaints from the current and former employees.
N. S Kannan,
ED & CFO, ICICI Bank
"While aptitude may remain one of the key determinants, it is the positive attitude that enables young graduates to build a career in the long run"
Q. One word of advice
A. While aptitude may remain one of the key determinants, it is the positive attitude that enables young graduates to build a career in the long run.
Q. On the type of individuals ICICI recruits
A. We are quite up-front about the opportunities and present a clear picture of what is in store. Banking is not exactly a glamorous job. It demands meticulousness and demands in depth knowledge. So the company seeks out students who show the hunger for performance and are team players.
Q. On the recruitment process
A. The recruitment process comprises an aptitude test, group discussion, psychometric tests and invariably several rounds of interviews. “When we are selecting fresh talent passion should be there, customer-orientation, conscience should be there. Dynamism, and passion comes first, compliance is second.
Level of B-Schools
Relationship Manager, Emerging Corporate Group
Area Manager (Sales)
Product Manager - Debit Cards
MT - Human Resources
Trade Sales Manager- Retail Trade & Forex
Product Manager- Campaigns, PTM
Relationship Manager - Commodity Finance