Diploma in Banking, Finance & Insurance: Course, Fees, Eligibility, Colleges, Syllabus, Career Options

The Diploma in Banking, Finance, and Insurance is a one-year diploma programme that covers a range of topics such as banking, insurance, and finance. Diploma in Banking, Finance and Insurance prepares students for employment in banking, financial services, insurance, investment, risk management, and information technology.

Generally, a Diploma in Banking Finance Insurance course is based on the 10+2 marks but some colleges also require a bachelor’s degree programme. The study of debt recovery, brokerage, financial consulting, marketing, transactions management, and processing is covered under this Banking Finance Insurance programme.

This course is for those who want to work in the banking and insurance industry and also have an interest in the financial sector. To pursue a Diploma in Banking Finance Insurance; candidates either get direct admission or through an entrance examination.

Highlights: Diploma in Banking Finance Insurance

Diploma in Banking Finance Insurance Eligibility Criteria

The admission requirements for a Diploma in Banking Finance Insurance programme are mostly determined by the institute. The common eligibility criteria are as follows:

• Candidates must have completed the 10+2 examination from any recognised board in any discipline, such as commerce, science, or humanities.
• Those who have completed their bachelor's degree can also pursue this course.
• Candidates are required to appear for the entrance exams for admission at various institutions.

Diploma in Banking Finance Insurance Admission Procedure

Depending on the institution, students who pursue a Diploma in Banking Finance Insurance must meet a variety of entrance requirements. Most higher education institutions offer admission to Diploma in Banking, Finance, and Insurance programmes based on merit.

• Candidates can check the eligibility requirements by going to the institution oe check online.
• Then filling out the Diploma in Banking Finance Insurance registration form, providing the necessary documentation.
• Selection of candidates is based on their 12th scorecard or other required education.
• Payment of the course fees is the final step towards admission.

Skills Required for Diploma in Banking Finance Insurance

Those interested in enrolling in Diploma in Banking Finance Insurance courses should have a set of skills to better understand issues and build their professional competencies. Such abilities are also necessary for a successful career and growth. The required skills are as follows:

• Communication Skills
• Relationship Building
• Accounting proficiency
• Critical Thinking
• Financial Knowledge
• Research-oriented

Diploma in Banking Finance Insurance Subject/Syllabus

A Diploma in Banking Finance Insurance has its own academic curriculum at each institute. The curriculum for the Diploma in Banking, Finance, and Insurance course may share some aspects while remaining diverse. The syllabus of the Diploma in Banking and Insurance offered by Odisha State Open University is mentioned below:

Diploma in Banking Finance Insurance Fees

The entire cost of a Diploma in Banking Finance Insurance is determined by the college administration. Every institution has its distinct fee structure that is governed by the college administration. Tuition at private institutions could be higher than at public colleges.

Scope of Diploma in Banking Finance Insurance

Students will gain a fundamental understanding of the Banking, Finance and Insurance industry through this course. The Indian financial sector's exposure to international competition and liberalisation has resulted in a demand for professional banking and financial experts. The programme prepares students for employment in the field of Banking and Finance to get a leadership or managerial position.

Students can also pursue a Bachelor's degree in Finance and Banking after completing a Diploma. Students can opt for a bachelor's degree such as BBA and also post-graduate degrees like MBA and PhD after completing the Diploma in Banking Finance Insurance programme.

Career Options After Diploma in Banking Finance Insurance

Graduates with a Diploma in Banking, Finance, and Insurance will find many work prospects. Graduates can work in a variety of fields, including international banking and finance, wealth management, and risk assessment. Students can pursue a variety of careers which are mentioned below:

Financial Analyst: A financial analyst is a specialist who is in charge of giving appropriate advice to firms and people when it comes to making investment choices and evaluating stock performance. A financial analyst's job includes collecting financial data and analysing patterns to analyse the financial status of customers and forecast deal results.

Financial Consultant: A financial consultant is a specialist who assists clients in developing a strategy for their financial well-being. A financial consultant will assess your present financial condition and devise a strategy to assist you achieve your long-term objectives.

Insurance Agent: An insurance agent gathers information in accordance with the company's policies and then prepares the policy to meet the policy's needs. To meet their clients' needs, insurance brokers offer and negotiate life, health, property, and other types of insurance.

Top Recruiters

• Morgan Stanley
• JP Morgan Chase
• Genpact
• CRISIL
• Accenture
• SBI
• IDBI Bank
• LIC India

Benefits of Studying Diploma in Banking Finance Insurance

The demand for banking, finance, and insurance courses continues to rise. The financial market in India has been gradually expanding. People have become more aware of the consequences of their financial investments nowadays. Students who complete the Diploma in Banking Finance Insurance programme will have a basic knowledge of the banking and finance sectors.

Numerous public and private institutions offer attractive financial career opportunities. Generally, these companies hire large numbers of people each year. The demand for bankers, insurance investigators, investment banking analysts, and financial analysts has led to numerous employment openings in the banking, finance, and insurance sectors.

Diploma in Banking Finance Insurance Salary Trends

Students of the Diploma in Banking, Finance, and Insurance programme receive a wide range of earnings, based on several factors. The popularity of the institution and its academic performance are used to evaluate it. Other factors to consider are a person's abilities, knowledge, and passion. The average salary after a Diploma in Banking, Finance, and Insurance is:

Source: Glassdoor

Note: Salary may vary depending on various circumstances.

Top Diploma in Banking Finance Insurance Colleges in India

A Diploma in Banking Finance Insurance is offered by a number of private academic universities in India. Academic performance and entrance exam scores are used to determine admission. Below, the best Diploma in Banking Finance Insurance colleges in India are listed.

• Tikaram Jagannath College of Arts Commerce and Science, Pune
• RK Arya College, Punjab

Diploma in Banking and finance is designed to provide students with a thorough understanding of the principles and practices in the banking and finance sector. It is a one-year course, depending on the institution and mode of study (full-time or part-time). This diploma provides practical knowledge and skills directly applicable to the banking and finance industry.