Symbiosis Institute of Business Management
(Constituent of Symbiosis International University)
&
Max New York Life Insurance Co. Ltd.
Building Careers Together
Realize your career goals with SIBM and Max New York Life Insurance Co. Ltd.
Post Graduate Diploma in Business Management (PGDBM) (Life Insurance)
In association with Max New York Life Insurance Company Limited
1 Year Full Time Post Graduate Diploma in Business Management with Specialization in Life Insurance
Insurance is a fast growing sector with many leading global players and more companies entering as the Government is encouraging foreign direct investment in the sector with liberalizing policies. Job opportunities in leading, professionally managed companies at entry level and for advancement are therefore excellent.
Our partnership with Max New York Life Insurance Co. Ltd. (www. maxnewyorklife.com) for PGDBM (Life Insurance) is for curriculum design, participation in training, internship and subject to acceptable performance, the company will offer career opportunities. The program curriculum will have the hall mark of SIBM with a blend of general and sector management subjects.
Students completing the programme successfully will be offered a career opportunity with Max New York Life Insurance Co. Ltd. This is subject to qualifying an interview with the company.
Max New York Life Insurance Co. Ltd. is a joint venture between New York Life, a Fortune 100 company and Max India Limited, one of India's leading multi-business corporations. The company currently has 233 offices across 155 cities . The company currently has more than 6400 employees. Max New York Life was among the top 25 companies to work with in India, according to 2003 Businessworld magazine, "Great Workplaces In India", the first life insurance company in India to be awarded the IS0 9001:2000 certification and ranked 5th as India's most respected insurance companies by Businessworld in 2007. It was among top 3 in Asia Life Insurance Company of the Year Award 2007 instituted by Asia Insurance Review.
In line with its vision to be the most admired life insurance company in India, it has developed a strong corporate governance model based on the core values of excellence, honesty, knowledge, caring, integrity and teamwork. The strategy is to establish itself as a trusted life insurance specialist through a quality approach to business
The Programme:
The Post Graduate Diploma in Business Management (PGDBM) (Life Insurance) is a one year, full-time, program in Business Management with specialization in Life Insurance. The Diploma will be awarded by Symbiosis International University.
The Programme Highlights
1.I year full-time Programme with a General Management base and Life Insurance specialization. Students get exposure to Life Insurance sector apart from basic management courses such as Marketing, Finance, HR, Strategy, Economics, Business communication etc.
2.The Diploma will be awarded by Symbiosis International University
3.Students completing the programme successfully will be offered a career opportunity with Max New York Life Insurance Co. Ltd., provided they complete the programme successfully and meet Max New York Life Insurance Company’s employment criteria and standards.
4.Assistance in locating residential accommodation will be provided
Batch Size– maximum 60 Students
Eligibility:
Graduate from any statutory university with a minimum of 50% marks. Candidates passing degree examination by part time/distance learning/correspondence/open school/externally /in one sitting are not eligible. Final year students can apply subject to their obtaining a minimum of 50% marks
Benefit for those who have applied for SIBM MBA 2008:
Group A
Applicants who have taken SNAP 2007 and obtained a minimum of 75 marks out of 180 and have also attended the GD/PI round will directly qualify for company interview.
Group B
Applicants who have taken SNAP 2007 and obtained a minimum of 75 marks out of 180, have applied for SIBM 2008 MBA Programme but not attend the GD/PI round qualify directly for an interview with a joint SIBM and Max New York Life Insurance Co Ltd interview.
Group C
Applicants who have not taken SNAP 2007 but wish to apply for the PGDBM(LI). The programme details are given below.
Programme Calendar:
|
Last date of communication of interest |
For Group A & B |
Monday, 31st March 2008 |
Last date of Registration |
Group A: Applicants who have taken SNAP 2007 and appeared for SIBM GD/PI Group B:Applicants who have taken SNAP 2007 applied for SIBM but have not appeared for SIBM GD/PI Group C: Applicants who have not taken SNAP 2007 |
Monday 2nd June 2008 |
Last date for submitting Registration Form (receipt at SIBM Office, Pune) |
Group A,B,C |
Wednesday 4th June 2008 |
Date of Written Test |
Group C only: Applicants who have not taken SNAP 2007 |
Sunday 15th June 2008 10.30am -12.30pm At SB Road Campus, Pune |
Shortlist for Personal Interview |
For Group A ,B For Group C |
Monday,9th June 2008 Thursday ,26th June 2008 |
Interview |
For Group A , B,C |
Tuesday/Wednesday, 1st and 2nd July,2008 |
Final Merit List |
Group A , B,C |
Saturday ,12th July, 2008 |
Last Date of Payment of Fees |
Group A , B,C |
Friday ,18th July, 2008 |
Programme Commencement |
Monday, 28th July 2008 |
Entrance Test Assessment for PGDBM (LI) 2008
Group
|
Written Round (20%) |
GD/PI (80%) |
Group A |
SNAP 2007 Score |
SIBM GD/PI 40% plus MNYL PI 40% |
Group B |
SNAP 2007 Score |
80% |
Group C |
SIBM PGDBM(LI) 2008 Score |
80% |
Entrance Test Assessment: Written Test
Applicants who have not appeared for SNAP 2007 are eligible for this test. The test will be a 120 minute, objective type test with sections on English, Math, Data Interpretation, Logical Reasoning and General Business Awareness
Programme Fees:
Total Fees per Annum: Rs.1, 00,000; payable in 2 equal installments at the beginning of each semester by specified date.
University Examination Fees: approximately Rs 2,500 per semester
Refund Rules:
1.If admission is cancelled before commencement of the programme: 1,000 will be deducted and balance fee paid will be refunded.
2.If admission is cancelled on joining within 1 month of joining: fees of semester-II will be refunded if paid .No refund of semester-I fees
3.If admission is cancelled after 1 month from date of joining the programme: No refund
4.Procedure for refund of fees: To cancel admissions please inform Director, SIBM in writing attaching your original copy of the challan. Date of receipt of application and challan will be the operative date.
5.No Capitation/donation is required for admission. Applicants are cautioned against falling prey to assurances/offers of individual/outside agency
Rules of Conduct:
Students will be bound by SIBM rules
Programme Details:
800 marks-200 hours 800 marks-180 hours
Semester-I |
Semester-II |
1.Key Ideas In Management (100) (20 hours) |
9.Human Resource Management(100) (20 hours) |
2.Business Economics (100) (20 hours) |
10.Business Strategy(100) (20 hours) |
3.Accounting & Finance I(100) (30 hours) |
11.Marketing Management(100) (20 hours) |
4.Business Communication (100) (20 hours) |
12.Accounting & Finance-II (100) (20 hours) |
5.Organizational Behavior (100) (20 hours) |
13.IT for Managers(100) (20 hours) |
6.Principles & Practice of Life Insurance (100) (30 hours) |
14.Legal and Regulatory Aspects of Life Insurance(100) (30 hours) |
7.Insurance Business (100) (30 hours) |
15.Insurance Sales Practices and Management(100) (30 hours) |
8.Insurance Products (100) (30 hours) |
16. Self Enhancement(100) (20 hours) |
Workshops/Guest Lectures
Attendance Mandatory -40 hours Attendance Mandatory -40 hours
1.Negotiation Skills (12 Hours) |
5. Management of Quality (8 Hours) |
2.Time Management (8 Hours) |
6. Customer Focus (8 Hours) |
3.Negotiation Skills (12 Hours) |
7.Personal Financial Planning (16 Hours) |
4.Actuarial Science (8 Hours) |
8.Recruitment,Selection and Coaching (8 Hours) |
Standard of Passing: 50% of marks in each subject.
Backlog: 1 chance to clear any backlog subject/s will be available approximately 1 month from the last exam for each semester. If candidate does not clear the backlog he will be dropped from the Programme.
Placements:
Max New York Life Insurance Co. Ltd. will offer placements to the students who complete the course successfully will have to appear for a selection process. Students who match up to the selection criteria and standards of the company will be offered position of Associate Sales Managers by Max New York Life Insurance Co. Limited
There may also be opportunities for employees to pursue advanced academic programmes with SIBM through Max New York Life Insuranc Company Limited.
Please note that as for all SIBM programs placement is an opportunity provided and not a right.
Expression of Interest :
Let us know of your interest by sending your SNAP No and Name to pgdbmli@sibm.edu
Confirmation of Interest / Registration :
To confirm your interest, please register now. Kindly follow this link REGISTER NOW
