ICICI Bank is one of the leading financial institutions in India, providing a range of banking and financial services. The bank has launched a Business Leadership Programme (BLP) for young professionals who aspire to build their careers in the banking industry. The programme offers an opportunity to work with some of the best professionals in the industry and to gain hands-on experience in various aspects of banking. However, the remuneration for the programme is not very well known. In this article, we will discuss all you need to know about the ICICI Business Leadership Programme Salary.
The ICICI Business Leadership Programme is a two-year programme designed for young professionals who have completed their graduation from a recognized university. The programme is divided into four quarters, each focusing on a specific aspect of banking. The programme includes classroom training, on-the-job training, and mentoring by senior professionals in the industry.
The salary for the ICICI Business Leadership Programme varies depending on the location of the bank and the experience of the candidate. Typically, the starting salary for the programme ranges from INR 15 to 20 lakhs per annum. This includes a fixed component and a variable component, which is based on the performance of the candidate. The variable component can range from 20% to 50% of the fixed component.
In addition to the salary, the ICICI Business Leadership Programme offers various other benefits to its employees. These include medical insurance, life insurance, provident fund, gratuity, and employee stock options. The performance of the candidate during the programme will also play an important role in their future hikes and promotions.
To be eligible for the ICICI Business Leadership Programme, the candidate must have completed their graduation with a minimum of 55% marks. They must also be less than 25 years of age as of July 1 of the year in which they apply. The programme is open to candidates from all streams, including engineering, management, commerce, and arts.
In conclusion, the ICICI Business Leadership Programme is a great opportunity for young professionals who aspire to build their careers in the banking industry. The programme offers a very competitive salary package, along with various other benefits. If you are interested in applying for the programme, make sure you fulfill the eligibility criteria and prepare well for the selection process. By doing so, you can take a step towards building a successful career in the banking industry.
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