Sri Krishna College signs MoU with Indian Institute of Banking Finance

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Sri Krishna College signs MoU with Indian Institute of Banking Finance

In an age when the basic tenets of banking are being taken care of by computers, there is a need for candidates with specialised knowledge in the banking industry, R.Bhaskaran, Chief Executive Officer of the Indian Institute of Banking and Finance (IIBF), Mumbai, said here recently.

Signing a Memorandum of Understanding with Sri Krishna College of Arts and Science, he said the recruitment process and training itself had undergone a sea change and the industry required job-ready graduates.

The IIBF had started a one-year diploma programme in banking and finance specifically for college students. The training would cover fiscal and core banking facets of banking, he said.

The programme would be a blend of book-learning, knowledge sharing between the two institutes and e-learning facilities. The students would have access to virtual classrooms and e-learning materials. Candidates would be recommended to banks.

The IIBF would tie up with colleges that had a good Commerce Department and a Placement Cell. The agreement would facilitate B.Com and BBM students to explore their career opportunities in the banking sector.

“The main purpose of the MoU is knowledge sharing,” said K.Sundararaman, principal of Sri Krishna College of Arts and Science.