Insurance Learn Earn Advance Program (iLEAD)
Institute Of Finance, Banking & Insurance(IFBI) Mumbai

Type: Certification

Category: Commerce, Banking & Finance

Sub Category: Insurance

About Insurance Learn Earn Advance Program (iLEAD) Course

Here are the details of Insurance Learn Earn Advance Program (iLEAD) Course including duration, Eligibility, Admission Criteria, Fees and Syllabus.

Taking into account the growing needs of indian consumers, IFBI, Institute of Finance, Banking & Insurance, under the umbrella of 'Industry Academia Partnership' with ICICI Prudential Life Insurance  offers ILEAD (Insurance Learn Earn Advance Program).

The iLEAD is to build a pool of insurance professionals, who can sustain the growing momentum of the sector and help it achieve new levels of profitability and customer responsiveness.


  • Graduates in any discipline, with >45% marks in Xth, XIIth and graduation.
  • Age <=26 yrs

Special Features About Insurance Learn Earn Advance Program (iLEAD)

  • Syllabus Syllabus:

About the College

Institute of Finance, Banking & Insurance (IFBI) is an NIIT Venture with equity participation by ICICI Bank. It is the coming together of two leaders in their respective fields acknowledging the need and the opportunity of the times.

IFBI reflects the strengths of both these parents. NIIT's expertise in the design and conduct of distributed non-formal education and its experience of manpower-development for India's IT sector, are combined with ICICI Bank's domain-knowledge across the spectrum of financial services and its leadership status within the banking sector. IFBI offers an unbeatable combination for the student, and the industry.

The changing face of the Financial Sector
The domestic retail banking market is expanding with annual revenues expected to more than double to US$ 16.5 billion by 2010 from about US$ 6.4 billion at present, according to a McKinsey study. While the overall banking industry is growing at 20%, New Private Sector banks are growing at 40%. Leading players like ICICI Bank and HDFC Bank have witnessed massive growth. Today India's banking sector generates 2.5% of GDP and employs 900,000 people. With all reforms it could generate 7.5% of GDP and employ 1,500,000 people.

Insurance sector is another high growth area. ICICI Prudential, the leading private sector player, has over 27,000 employees today. It is expected that the private sector players will continue to garner more market share. Innovative products like ULIP (Unit Linked Insurance plans) have helped the cause of greater penetration into the Indian market. The non-life sector also has many private players.

The performance of Indian Stock Markets is well-known. The Indian markets have out-performed most of the other major regional markets in recent years. The BSE Sensex has achieved various milestones like reaching 20,000 in record time. Though there could be adverse global developments from time to time, India is expected to continue on the growth trajectory.

The manpower challenges of quality and quantity
Recognising that the limits to growth of this sector in India may come from scarcity of talent, one focus area of IFBI is to groom entry-level professionals in Banking and Insurance. Re-skilling existing professionals in the Financial Services sector - who are being overwhelmed by reforms, technology advancements and changes in attitude & approach in this sector - is another focus area for IFBI.

Enhancing the skills of existing practitioners by providing them knowledge in emerging areas like capital and commodities markets is another dimension of professional development that IFBI intends to pursue.

Keeping pace with economic growth, regulatory reforms and overall modernization, the keywords in today's Financial Services organizations are growth, marketing, efficiency, technology, customer and competition. The New Private Sector Banks (a Reserve Bank of India term denoting 8 modern private-sector banks) and Private-Sector Insurance companies, are the pioneers of this change, though all others have adopted the same mantra. The financial services professional of today reflects the same changes - in addition to being an expert in his domain, s/he is today thoroughly hands-on application-oriented, technology-savvy and customer-friendly.

IFBI's solution to the challenges
IFBI's offerings are designed in this context of modern-day Banking, Insurance and Financial Services by developing competencies on 4 dimensions - domain, technology, application and customer-service. These 4 competencies are the defining characteristics of IFBI's programs of study and of students and professionals groomed by it.


Other Courses offered by Institute Of Finance, Banking & Insurance(IFBI)

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Address :

C3, Ground Floor, Balrama Building, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra Phone : 022-67250766 , Fax : 022-67250760


Related  Questions

Ask Now

Q : can u please help me out to choose any career option after 12th..i have commerce with maths

Ans : bca, IT, Computer science, b.arch

Q : i m doing my bcom. and wanna do some different coure .can you please guide me .

Ans : You can go for Actural sciences course, it is related to insurance sector. Then there are courses on financial planning and wealth management. But for more details i would like to know ur interests first. I mean do u want commerce and finance related only or very different from finance.

Q : i hav just given de 10th CLASS EXAMS AND i m now confused that which stream i choose see i m interested in commerce but my parents want me to do mechanical engineering.I m weak in maths and science subject.they thought that if i m weak in maths then i cant do commerce. we r having our own business so i want to go in business line so plz suggest me for which stream i will choose my mail id is and my cell no is 9781987941

Ans : Rajbir, i understand u want to pursue your career in the family business. Hence, commerce is a good option for you followed by a MBA or any management diploma or management distance learning program. U say you r not good in maths and Science then to get the admission criteria in engineering depends on the maths and science scores of 10 +2 , this will become difficult for you. In commerce, Maths and statistics subjects are part of the curriculum but they are not a very high level like in engineering.

Q : kindly suggest me some good courses and good institute from finance field to boost my carreer and go further. Thanks

Ans : Hi Rajeev, Are you graduate? If yes, You can do MFM (Masters in Financial Management), There are few institutes offering this course. If u interested, I will list out the names.


Ans : Hi Priyanka, Congratulations for your exams and best of luck for the results. To change the world with your thoughts is not possible, you need to be on the ground doing things that changes the world. \About what to do really depends upon which subjects interests you. If u really wanna change the world go in for social work


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  • ilead prog. Posted By : anshuranjan, on 01-01-2011 23:03:43
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