NIBF (National Institute of Banking and Finance), a flagship brand of GEM Learning Services Pvt. Ltd., is a certified organization that has made its mark in the educational sector by equipping individuals with the necessary skills to thrive in the Banking, Financial Services, and Insurance (BFSI) sector. Our primary mission is to provide industry-specific, practical education to help individuals develop the skills required to excel in the BFSI industry.
The BFSI Sector: A Growing Opportunity
The BFSI sector has witnessed massive growth in recent years, becoming one of the largest sectors in the Indian job market. As per industry reports, the BFSI sector is poised to generate millions of new jobs in the upcoming years, with an expected increase of over 84 lakh jobs in the next few years alone. The sector offers an array of career opportunities, particularly in areas such as banking, insurance, and financial services. Fresh recruits entering the BFSI sector can typically expect a starting salary in the range of Rs 10,000 to Rs 12,000 per month. However, this figure increases significantly for professionals with one year or more of experience, who can expect to earn anywhere from Rs 15,000 to Rs 30,000 per month. These competitive salary ranges have made BFSI an attractive career option for graduates looking to make a mark in a rapidly growing industry.
The Role of NIBF in Shaping the Future Workforce of BFSI
At NIBF, our focus is on experience-based practical education, providing hands-on training to ensure our graduates are prepared to make an immediate impact from Day 1 in their roles. We don’t just aim to offer academic knowledge; we aim to create professionals who can walk into a workplace, understand the challenges, and contribute immediately. This is what sets NIBF apart from traditional education systems, as we ensure that students are not just learning theory, but also developing real-world skills. Our Industry-Academia Interface plays a crucial role in achieving this. By collaborating with industry experts and thought leaders, we ensure that our curriculum is always up-to-date with the latest trends and technologies in the BFSI sector. This ensures that NIBF graduates possess not only foundational knowledge but also advanced practical skills that are in high demand in the workplace.
The P.O.W.E.R. Program: Preparing Day-Zero Professionals
To address the growing demand for trained professionals in the BFSI sector, NIBF has launched the Preparation for Obtaining Workplace Excellence and Rigour (P.O.W.E.R.) program. This specialized program is designed to train aspirants who wish to work in business development roles within the BFSI sector. The P.O.W.E.R. program is built with the objective of empowering candidates with the right skill sets to adapt to an ever-evolving business environment, making them productive and successful in their careers.
Conclusion
In conclusion, NIBF is a leading organization in the BFSI sector, providing industry-specific, practical education to individuals looking to excel in the industry. With the growing demand for qualified professionals in the BFSI sector, NIBF is well-positioned to provide BFSI employers with a pool of candidates who are trained in a wide range of domains, ready to work on Day-Zero and make an immediate contribution to their employers.
NIBF Details
Company Started On 2011
Franchise Started On 2018
NIBF Franchise Cost & Investment
Franchise Brand Fee 250000
Royalty Commission 15%
Return on Investment 20%
Pay Back Period 1-2 Years
NIBF Available Regions
North Uttar Pradesh
South Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East Assam, West Bengal, Odisha
West Gujarat, Rajasthan, Maharashtra
Central Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union - NA -
NIBF Dealership Contract Specifications
Standard Agreement Yes
Agreement Duration 3 Years
Renewal Option Yes
NIBF Outlet Space Requirements
Property Type Commercial
Floor Space 1200 - 1500 Sq.ft
Desired Location Prominent Arease
NIBF Dealership Training and Support
Operations Manuals Yes
Training Venue Raipur
Head Office Guidance Yes
IT Systems Provided Yes
Frequently Asked Questions
The minimum investment needed to start a NIBF franchise is 1000000, which can vary depending on the location and other factors.
The area required to start a NIBF franchise outlet is between 1200 to 1500 square feet, which can be adjusted based on the specific location and requirements.
The maximum investment needed to start a NIBF franchise is 2000000, which includes all the necessary setup and operational costs.
There are less than 10 NIBF franchise outlets operational in India, making it a relatively new and growing franchise opportunity.
Yes, NIBF can be a good franchise opportunity for Indian entrepreneurs, offering a unique business model and the potential for growth and returns on investment.
As a NIBF franchisee, you can expect support in terms of training, marketing, and operational guidance, which can help you establish and run a successful outlet.
To apply for a NIBF franchise, you can visit the official website or contact the company directly, and they will guide you through the application and selection process.
The key benefits of investing in a NIBF franchise include a proven business model, ongoing support, and the potential for high returns on investment, making it an attractive opportunity for Indian entrepreneurs.
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