Frequently Asked Questions

Q : What is Chola Insurance Academy?

A: Chola Insurance Academy is an initiative that offers Post Graduate Diploma in General Insurance in association with Manipal Global Education Services, Bangalore. This program aims to bring quality General Insurance to aspirants looking to grow in this industry.

Q : What is the duration of the course?

A: This is a 12 month course spread across 4 Terms.

Q : What is the eligibility criteria to apply for the course?

       
  • Graduate in any discipline (Full-time only) with minimum of 50% marks
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  • Must be 25 years or below

Q : What is the selection process?

A : Once the admission form is filled by the student, shortlisted candidates will undergo the following selection process:

       
  • Group Discussion
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  • Psychometric Test
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  • Personal Interview

Q : Is this a residential program?

A: Yes. Your first four months will be a residential program at Manipal Global Education Services – Bangalore Campus.

Q : Is there any Stipend given to the students?

A : Yes. Students will be provided stipend as they learn.

       
  • Term 1 (On Campus) - INR 2,500/- per month for 2 months
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  • Term 2 (On Campus) - INR 2,500/- per month for 2 months
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  • Term 3 (Branch Internship) - INR 6,000/- per month for 2 months
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  • Term 4 (Branch On-The-Job Training) - INR 16,000/- per month + Performance Incentive for 6 months

Q : How can I apply?

A: You can fill in the Application form available here. You can also e-mail to hr@cholainsuranceacademy.com for requisition of Admission Form

Q : What is the fee for the course?

A: The total program fee is Rs.1, 50,000/- plus taxes applicable.

Q : What does this program fee include?

A: This program fee includes all tuition, study material, boarding and lodging expenses for the campus.

Q : Should I pay the fee in one single payment?

A: Yes. The program fee is payable in full to confirm admission to the course. Pre-approved education loan for full fee amount can be availed from leading banks.

Q : Will I be employed after 12 months of completion of this course?

A: Yes. Based on your performance and successful completion of course, you will be placed as Assistant Branch Manager.

Q : Will there be a Bond / Service agreement applicable for the applicant after joining on successful completion of the course?

A: There will be no Service Agreement or Bond that the candidate needs to sign for joining after this program.

Q : What happens after the candidate is selected?

A: The selected student will be issued a pre -conditional offer letter provided he/she pays the full fee or has an approved education loan.

Q : What are the mandatory documents to be submitted required post selection?

A : Selected students will be expected to submit self-attested photocopies of the following

       
  • 10th & 12th Mark sheet
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  • Degree Certificate
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  • For engineering graduates – 8 Semester consolidated mark sheet
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  • PAN Card
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  • AADHAR Card
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  • Passport Size photographs

Q : What if the candidate is unsuccessful at completing the course?

A: Chola Insurance Academy has the right to deny employment to candidates based on their performance and unsuccessful completion of the course. The conditional letter of appointment given at the start of the course will stand withdrawn without any recourse to the candidate. Also fees paid for the course or any other expenses incurred with regards to the course, will not be refunded.

Q : What if the student drops out of the course in between?

A: In case of dropping out of the programme mid-course, fees paid for the course or any other expenses incurred with regards to the course, will not be refunded. The student will need to pay off any loans taken for the course.

Q : Will I get the post-graduate diploma certificate?

A: Yes, upon successful completion of course, you will be provided with a PG Diploma in General Insurance certificate from Manipal Global Education Services, Bangalore recognized by UGC.

Q : Will accommodation be provided during Branch Internship and On the Job Training?

A: No, accommodation is not provided during the Branch Internship & On the Job training period.

Q : What is the percentage of attendance required to complete this program?

A: 90% attendance is mandatory to complete the program

All selected candidates are required to bring all the required documents in original at the time of joining the program.


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For application form and more details of the program:
SMS ‘CHOLA CIA’ to 56677
Email: hr@cholainsuranceacademy.com