There is no doubt in the fact that doing a Diploma in Banking and Finance now following a graduation is increasingly becoming the best sought-after qualification for individuals who want to get into the financial services sector. In general, if you will opt for the diploma in banking and finance near me then the duration will be of 1 year, in which, you will be trained with all the essential skills and knowledge required for various roles in banking, finance, insurance, investment, among other relatable sectors. Even from the job perspective, doing a diploma in banking and finance will give you a competitive edge over other candidates.
Course Overview of Diploma in Banking and Finance
A diploma in banking and finance will generally cover topics that are essential and required for understanding of the financial industry. In general, the key subjects will include Principles & Practices of Banking, Business Economics, Taxation, Business Law and Retail Banking. These above-mentioned topics are important to provide financial students with clear understanding and training of theoretical ideas and real-world applications in the banking and financial sector. Other than this, you can opt for other relevant electives which you find relevant to your domain.
Eligibility Criteria
To get eligible for doing an Diploma in Banking and Finance, you need to have the following criteria:
- You can pursue a diploma after your 10th grade.
- It is also based on courses to courses as well. Some diplomas will need you to be qualified with 10+2 education that is 50%.
- Some courses or diplomas will need you to be qualified with the advanced diplomas or specialized courses for graduates, enhancing their qualifications further.
- You can pursue a diploma after your 10th grade.
Note: Please make sure to go thoroughly with the official website of the organization for the diploma since educational qualification will differ from diploma to diploma.
Modes of Study
You can choose a mode of study for the diploma that is more suitable as per your career or educational commitments. The modes of study available are full-time, online and distance learning as well. If you will opt for the full-time course, then this is more traditional classroom-based learning. With online learning, you can opt for the flexible learning options as per your routine. With the Distance Learning, you can freely do the course as per your career or educational qualifications.
Career Opportunities
There are multiple career opportunities that get open once you do a certification with a diploma in banking and finance. You can get the good positions in the financial industry as per your niche and domain like Customer Service Representatives, Financial Advisors, Insurance Sales Agents, Financial Analysts, Financial Risk Manager, Financial Compliance Officer, among other good positions. Now when it is about the average salary for diploma holders then you will see it will typically range from INR 3 to 7 Lakhs per annum. This too depends on the role and organization. You can get into the core banking sector as well and get good job positions in Kotak Mahindra Bank, HSBC, and various insurance companies.
| College Name | Location |
|---|---|
| National Institute of Bank Management | Mumbai |
| GH Raisoni University | Saikheda |
| Birla Institute of Management Technology | Greater Noida |
| FORE School of Management | New Delhi |
| Shanti Business School | Ahmedabad |
| Welingkar Institute of Management | Mumbai |
What is the Admission Process for Diploma in Banking and Finance?
There are three levels which you need to complete to get an admission in Diploma in Banking and Finance. These are three steps which is as follows:
- Step 1: You must start with submitting your respective applications along with all the required documents necessary as per the institute's guidelines.
- Step 2: You must understand the eligibility criteria clearly as it mentioned above. Make sure to check the official website thoroughly. Because it might be the case that some colleges or institutes will require you as a candidate to take entrance exams as well.
- Step 3: Interviews can be part of the process as well. This might be the case that shortlisted candidates have to take an interview as part of the selection process as well.
For a better picture, you need to be updated with the regular updates on the official website of the organization or the institute you are choosing.
Financial Considerations are Important.
The cost of doing a diploma in banking and finance near me will depend on the organization/ institute you are choosing along with the mode of study you will opt for. In general the average fee will be in between INR 10,000 to INR 30 lakh annually.
Conclusion
Now if you are clear that you want to do a career in banking and finance then doing a diploma in banking and finance along with your graduation or career will boost your chance of career growth.
There are a number of colleges and institutes available such as G.H. Raisoni, Saikheda which brings flexible options for the Diploma in Banking and Finance. They follow a proper comprehensive program which is designed to prepare you effectively for the respective careers in banking and finance. Their curriculum is aligned with industry standards as well so you will be trained as per what is going on in the industry.