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Post-Graduate Programme in Banking and Finance (PGPBF)

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(b) Tra<strong>in</strong><strong>in</strong>g<br />

The Institute conducts a large number of educational <strong>and</strong> tra<strong>in</strong><strong>in</strong>g programmes (about 150 each year) <strong>in</strong> all<br />

the functional areas. The programmes are tailored to the emerg<strong>in</strong>g needs <strong>in</strong> the environment of bank<strong>in</strong>g <strong>and</strong><br />

f<strong>in</strong>ance. As a conscious strategy, the focus of the tra<strong>in</strong><strong>in</strong>g activities of the Institute is on creat<strong>in</strong>g/impart<strong>in</strong>g<br />

new perspectives <strong>in</strong> the crucial areas of concern to the banks. Themes, objectives, duration <strong>and</strong> level of<br />

participation of the programmes are tailored by the faculty from time to time. Institute's programmes are<br />

classified <strong>in</strong>to follow<strong>in</strong>g groups : General Management <strong>Programme</strong>s, Annual Conferences <strong>and</strong> Sem<strong>in</strong>ars on<br />

Topical Issues, Special Conferences <strong>and</strong> Sem<strong>in</strong>ars, Tra<strong>in</strong><strong>in</strong>g <strong>Programme</strong>s on Functional Areas, Faculty<br />

Development <strong>Programme</strong>s, In-company <strong>Programme</strong>s, <strong>and</strong> International <strong>Programme</strong>s. In order to <strong>in</strong>crease<br />

the reach of the Institute to the bank<strong>in</strong>g system, the Institute also conducts onlocation programmes.<br />

Collaborative <strong>Programme</strong>s<br />

Institute conducts specialized programmes <strong>in</strong> collaboration/association with <strong>in</strong>stitutions of advanced<br />

learn<strong>in</strong>g <strong>and</strong> <strong>in</strong>ternational repute like : The London School of Economics <strong>and</strong> Political Science (LSE), UK;<br />

Kellogg School of Management, Chicago, USA; Federal Reserve Bank of New York, USA; Stanford <strong>Graduate</strong><br />

School of Bus<strong>in</strong>ess, California, USA; Chicago Mercantile Exchange (CME), Chicago, USA; International<br />

F<strong>in</strong>ance Corporation (IFC), Wash<strong>in</strong>gton <strong>and</strong> Asian Development Bank (ADB), Manila; K.M.V. Corporation,<br />

USA; Deutsche Bundesbank <strong>and</strong> InWent Capacity Build<strong>in</strong>g International, Germany; <strong>and</strong> F<strong>in</strong>ancial Services<br />

Volunteer Corps (FSVC), New York, USA.<br />

(c) Education<br />

1. <strong>Post</strong>-<strong>Graduate</strong> <strong>Programme</strong> <strong>in</strong> Bank<strong>in</strong>g <strong>and</strong> F<strong>in</strong>ance (<strong>PGPBF</strong>) : NIBM has been successfully<br />

conduct<strong>in</strong>g <strong>PGPBF</strong> s<strong>in</strong>ce 2003-04. The two-year <strong>PGPBF</strong> is designed as a contemporary, rigorous, <strong>in</strong>novative<br />

<strong>and</strong> practical source of management education. The<br />

<strong>Programme</strong> is pitched to provide to the f<strong>in</strong>ancial<br />

system, on a regular basis, a pool of talented<br />

youngsters thoroughly tra<strong>in</strong>ed <strong>and</strong> fully prepared<br />

with Analytical Skills <strong>and</strong> Perspectives <strong>in</strong> Bank<strong>in</strong>g<br />

<strong>and</strong> F<strong>in</strong>ance for directly tak<strong>in</strong>g up managerial<br />

responsibilities.<br />

Go<strong>in</strong>g by the consistent 100 per cent placement<br />

record of the students <strong>in</strong> major public sector, new<br />

generation private sector <strong>and</strong> foreign banks <strong>and</strong><br />

extremely positive feedback from the bank<strong>in</strong>g <strong>and</strong><br />

f<strong>in</strong>ancial services community on the performance of<br />

Dr K C Chakrabarty, Dy. Governor,<br />

RBI, Address<strong>in</strong>g the <strong>PGPBF</strong> Class<br />

<strong>PGPBF</strong> students, the Institute is plann<strong>in</strong>g to augment<br />

the <strong>in</strong>-take of students to 240 <strong>in</strong> the medium-term <strong>and</strong> to 480 <strong>in</strong> the long-term. With this <strong>in</strong> m<strong>in</strong>d, the<br />

Institute has embarked on a massive <strong>in</strong>frastructure development plan for <strong>PGPBF</strong> Learn<strong>in</strong>g Complex, Hostel<br />

Complex <strong>and</strong> D<strong>in</strong><strong>in</strong>g Hall with<strong>in</strong> its campus.<br />

2. Fellowship <strong>Programme</strong> : Historically, the Doctoral <strong>Programme</strong> was one of the major activities of the<br />

Institute, <strong>in</strong>itiated almost immediately after its <strong>in</strong>ception, with the objectives of (i) exp<strong>and</strong><strong>in</strong>g the manpower<br />

base for research studies <strong>in</strong> bank<strong>in</strong>g <strong>and</strong> related areas, (ii) fulfill<strong>in</strong>g the educational responsibility of the<br />

Institute, <strong>and</strong> (iii) creat<strong>in</strong>g a pool of competent <strong>and</strong> well-tra<strong>in</strong>ed researchers as a source for future faculty for<br />

the Institute (<strong>and</strong> society at large).<br />

Institute has been <strong>in</strong>duct<strong>in</strong>g Research Associates <strong>in</strong> the NIBM Fellowship <strong>Programme</strong> from 2009-10.<br />

Currently there are 6 Research Associates pursu<strong>in</strong>g the Fellowship <strong>Programme</strong> of the Institute. The<br />

Fellowship will normally be for a total period of 3 years dur<strong>in</strong>g which students are expected to work on their<br />

fellowship dissertation <strong>and</strong> also provide assistance to NIBM Faculty <strong>in</strong> <strong>PGPBF</strong> teach<strong>in</strong>g.<br />

4

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