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Future Generali India Life Insurance in association with knowledge partner Manipal Global presents the Young Managers Program. This new initiative by both brands is specially designed for graduates keen on pursuing a rewarding career in Life Insurance. The Program is a strategic blend of academic excellence and extensive on-the-job training which will fast-track your career to achieve your desired level of success.


Be career ready in just six months
Learn from the best in the Insurance sector
On-The-Job Training.Earn while you Learn
Post Graduate Diploma from Manipal Academy of Higher Education(MAHE)
Get employed with FGILI on successful completion of the program


Term 1
(2 months)

On Campus at Manipal
Scholarship- Rs 2,500/month
Term 2
(2 months)

On Campus at Manipal
Scholarship- Rs 2,500/month
Term 3
(2 months)

Internship at Branches
Scholarship- Rs 2,500/month
Term 4
(6 months)

OJT at Branches
Scholarship- Rs 16,000/month

All these scholarships are sponsored by Future Generali



  • IC 38
  • Life Insurance Products
  • LAPAC technique
  • Business Communication
  • Basics of IT / MIS
  • Macro Economics, Financial Concepts and Tax Planning


  • Introduction to sales Channels Agency, Direct and Bancassurance
  • Recruitment & Training Process
  • Sales & Customer Relationship Management
  • New Business documentation / Underwriting & TEBT Training
  • Practice sessions – Selling skills, Agency, Direct & Bancassurance.


  • 2- months internship at Company’s branch offices
  • Understand the sales function and bussiness environment of different channels
  • Understand the products and Branch operations


  • 6- months On-The-Job Training at Company’s branch offices
  • Hands-on experience of selling insurance products



A candidate must be of the Maximum Age of 26 years as on 1st January 2018


Graduate in any discipline from a government recognized university


Course Fees

To pursue this course, the interested applicant will have to invest Rs 1,50,000 plus service tax. This amount will cover the tuition fees, boarding, lodging for the entire course.

Return On Investment


Course Fee
Rs 1,50,000
Rs 1,11,000
Effective Cost of the Program
Rs 39,000




Here is the chance to build a successful career path for yourself by attending out training and development plan that are conducted at a regular intervals.


Future Generali India Life Insurance Company Limited is a joint venture between three leading groups: Future Group – A leading retailer in India, Generali Group- A global insurance group that features among top 50 largest companies in the world and Industrial Investment Trust Limited (IITL)- A leading Investment Company.


Manipal Global Education Services (, a part of the Manipal Education and Medical Group is a leading international provider of high-quality higher education services. The company is headquartered in Bengaluru which owns and operates university campuses in Malaysia, Antigua, Dubai and Nepal. It has, over the years, built a significant footprint and is currently the largest education services provider in India, running six major campuses in five countries. It currently offers services and support to over 400,000 students, across its campuses. The Manipal Global mantra – Achieve, Enable and Transform – builds on this legacy to create a future for every life it touches, a future that inspires achievements, enables ambitions, and transforms lives, worldwide.


The Young Managers Program is a comprehensive curriculum comprising of classroom inputs, e-learning and on-the-job internship (with a Scholarship) and will impart knowledge and skills with respect to insurance sector, etiquette & grooming, enhanced communication skills and other soft skills.
The span of one year will be divided to
  • 4 months of Classroom training
  • 2 months of Internship at branch
  • 6 months of On Job Training at any FGILI branch
Each Young Manager will be paid a monthly Scholarship of Rs.2, 500/- p.m. for the first 6 months to meet his/her out of pocket expenses and Rs. 16,000 per month during the OJT towards his/her living expenses.
Employment with FGILI will be assured upon the successful completion of the Program And will be paid a gross CTC of Rs. 3 Lakhs p.a inclusive of retirals. (Break-up of the same is given under the Scholarship & Salary section)
A candidate has to meet Age & Qualification criteria as outlined in the programme. The maximum age limit is 26 years, as on 1st Jan of the calendar year of application. And basic qualification includes – a graduate from any stream.
The Post Graduate Diploma in Life Insurance conducted by Manipal University in association with FGILI is a one-year program
The screening will be through a four stage selection process of Application Screening followed by aptitude test , personal interview and merit list.
Aptitude Test: The Aptitude test will be of 2 hour duration and will be administered online. The test will assess the proficiency of each candidates in the areas of:
  • Logic and Reasoning Skills
  • English Language Skills
  • Quantitative/Numerical Ability
  • Personality Assessment
FGILI reserves the right to hold a second stage of Aptitude test (if required for any reason) at its own discretion
Personal Interview: All the applicants who successfully clear the Aptitude test will be moving for a Personal Interview. Candidates will be informed of their progress and status at each stage by an email.
Please do note that FGILI's decision pertaining to the selection will be final and binding.
FGILI will endeavour to give each applicant a test venue that is closest to his / her place of residence; however the same cannot be guaranteed.
The venue and centre allocated to the applicant will be mentioned in the call letter and the same will be final, no change in the test date, test time or test venue will be allowed post allocation.
Candidates will be intimated via an e-mail to their registered email ID or via an SMS to their registered mobile number.
There will be no Service Agreement or Bond that the candidate needs to sign for joining the company after this program.
All the applicants selected will be given a Provisional Letter of Appointment at the time of joining the course. Job will be guaranteed only upon the successful completion of the Young Managers Program (This includes 4 months of classroom, 2 months of internship and 6 months of OJT).
FGILI guarantees jobs to candidates who have successfully completed the course. The Company will not be in a position to provide jobs to those candidates who do not complete the course. The Provisional Letter of Appointment given at the start of the course will stand withdrawn without any recourse to you. Also the fees paid for the course or any other expenses incurred with regards to the course, will not be refunded.
The company will not be liable to provide employment to unsuccessful candidates.
In case of dropping out of the program in the middle of the course, fees paid for the course or any other expenses incurred with regards to the course, will not be refunded to the student and he/she will need to pay off any loans taken towards this course
Formal dress, as laid down by the institute would be worn for all classes and other organized activities.
There is no probation period for the applicants of YMP Program. They join the organisation as a confirmed employee after the completion of the program.
Classes will be held five days a week from Monday to Friday with Saturday devoted to E-learning and Sunday being a weekly holiday.
The selected applicants will be issued a Provisional Letter of Appointment from FGILI towards their future employment. This letter will contain the details of compensation and other benefits applicable to the applicant after his/her joining the Branch on active duty.
In addition to this letter the candidates will be issued a Young Managers Program Student Handbook. This Kit will have the following contents:
  • Details of the course curriculum, the criteria for successful completion, internship details, evaluation procedure.
  • Details of the scheme and the fee structure.
  • Details of the Scholarship that will be paid, details of facilities available on campus for the students.
Yes, co-curricular activities will form an essential part of the learning process, including lectures, seminars, group presentations, field visits, role-plays, simulated exercises, experiential learning and guided task assignments
90% attendance in all classes is required.
Leave will be given only after the approval of the Program Coordinator, FGILI Young Managers Program.
Yes, in additional to class room lecturesthere would be special lectures by the experts from the industry and interaction with leaders from FGILI on a periodic basis. Library services to include access to e-library study material prepared by the FGILI, Young Managers Program.
Program delivery will be in the form of class room lectures, tutorial discussions, seminars, laboratory tasks, assignments, case studies, library research projects and other exercises.
Normally it is awarded during the convocation ceremony. However, for the postgraduate diploma, a participant has to fulfil the below requirements:
  • He/ She should have taken and passed in each course of the study as prescribed in the curriculum to earn the minimum number of credits specified for that particular course.
  • He/ She would become eligible for the award of a diploma on acquiring requisite number of credits at the end of the program.
  • He/ She should have satisfactorily fulfilled other academic requirements (as specified in the course of study/ curriculum) like practical training, work visits, seminar, project etc.
The one year course is divided into four terms explained as follows-
  • Term 1: IC 38, Life Insurance Products, LAPAC technique, Business Communication, Basics of IT / MIS, Macro Economics, Financial Concepts and Tax Planning
  • Term 2: Introduction to sales Channels Agency, Direct and Bancassurance, Recruitment & Training Process, Sales & Customer Relationship Management, New Business documentation / Underwriting & TEBT Training, Practice sessions – Selling skills, Agency, Direct & Bancassurance
  • Term 3: 2- months internship at Company’s branch offices
  • Term 4: 6- months OJT at Company’s branch offices
Young Managers will be paid a monthly Scholarship of Rs 2500/- per month for the first 6 months to meet their out of pocket expenses and Rs.16, 000/- per month during the OJT towards their living expenses.
Salary provided upon the successful completion of the course is 3 Lakh CTC inclusive of retirals. Business Development Allowance and Variable Pay will be paid as per the Company policy.(Break-up of the same is given in Scholarship & Salary section)
Yes, the program is fully residential. Hostel accommodation is provided for all participants in or around the campus.
Rooms would be allotted to the residents by the warden on 'first come first serve' basis.
The campus is well equipped with computer labs that are open up till midnight on all seven days of the week. The campus has a high broadband connectivity enabling uninterrupted access to global knowledge.
The applicants will be provided with study material required for the course.
The class timing will be from 9.00 am. to 6.00 pm.
Successful YMP students are guaranteed placements on the rolls of the company. YMP is a one year program focusing on grooming the students to make them ready for the Insurance Sector. Classroom learning is supplemented with practical training in various FGILI Branches.

Particulars Other MBA Programme Young Managers Programme
Fee Around 5-6 lakhs 1.55 Lakhs + taxes
Duration 2 years 1 year
Earning potential during the program None Stipend is paid throughout the course
Application of education Large parts are theory with less application in workplace Entirely work oriented course structure with practical inputs
Assured Job None Provisional Appointment given at the beginning of the course, assuring employment after successful completion of course
You can make the payment by registering yourself at our portal. Login / Sign Up Here
The candidate can choose to fund the course themselves.
The candidate can also choose to apply for the Education Loan / Any other loan, from any organization / Bank of his/her choice. Necessary support would be provided to be the candidates for funding.