Diploma in Financial Institutions Admission 2024-25, Check Eligibility, Application Fees, Learn More About Courses

Diploma in Financial Institutions Overview

Diploma in Banking and Finance is a 1-year diploma level course that can be done right after class 12th. 

The course deals with all the basic aspects of banking and finance and trains students in the field of banking, finance, insurance, investment, risk management, computer application, IT and more.

Know More About: Banking Course

The students who have completed class 12th with any stream are eligible to apply for this course. But some of the colleges like MIT Pune ask for a graduation degree as a prerequisite. It offers this program for 4 months to the students who have completed graduation. 

The admissions are based on merit, followed by an interview. Very few colleges offer this diploma course on-campus in a regular mode.

Mostly, this course is pursued online or through correspondence. There are many institutes and colleges that offer this specialized diploma course. The average fees charged in this course is around INR 20,000-30,000, but it varies in different colleges as per their affiliation, location and course structure.

The diploma holders can get jobs in sectors such as corporate banking, auditing departments, financial consultancies etc. 

Diploma in Financial Institutions Highlights

Admission Process for Diploma in Financial Institutions 

Candidates who aspire to pursue this diploma course are required to fulfill the necessary compulsory criteria as prescribed by respective colleges. 

Some colleges admit students after completing their Graduation, and some colleges admit students after completing Class 12, which totally depends upon the norms formulated by the colleges and institutes.

To get admission, candidates are required to clear the written test or entrance test conducted by the department in order to select the qualified students for the course. This is not a necessary factor since some of the colleges take admission purely on the basis of merit. 

Some colleges prefer to take a Personal Interview to further select the candidates for admission.

Applicants can fill the forms online as well as offline by availing for the form from the college office.

All important information including admission dates, entrance exam and names of shortlisted candidates will be notified on the website and through email.

Eligibility Criteria of Diploma in Financial Institutions 

The eligibility criteria is different in each college, but the main requirements for availing the program of Diploma in Banking and Finance are as follows:

Candidates are required to qualify Class 12 or their Bachelor’s degree or any equivalent examination. This totally depends upon the college since some colleges admit students with intermediate qualifications, and some prefer graduates.

They should obtain a minimum aggregate of 50% marks and above from a recognized university listed under UGC/AIU or Board.

In some colleges like NMIMS, MIT Pune applicants may have to go through the entrance examination as well. 

Diploma in Financial Institutions Entrance Exam

CAT (Common Admission Test)

MAT (Management Aptitude Test)

XAT (Xavier Aptitude Test)

CMAT (Common Management Admission Test)

GMAT (Graduate Management Admission Test)

Diploma in Financial Institutions How to Apply

Research Programs: Start by researching institutions or educational providers that offer Diploma programs in Financial Institutions. Look for programs that are reputable, accredited, and offer a curriculum that aligns with your career goals and interests.

Check Eligibility Requirements: Review the eligibility criteria for the program. This usually includes having completed high school education or its equivalent. Some programs may have additional requirements, such as prerequisite coursework in finance, economics, or related fields.

Obtain Application Form: Once you've identified the institutions or educational providers you want to apply to, obtain the application form. This can usually be done through the institution's website, by contacting their admissions office, or through online application portals.

Diploma in Financial Institutions Syllabus

Diploma in Financial Institutions Jobs & Career Options

After the successful completion of this course, graduates have opportunities to join reputed banking and investment sectors holding entry level positions in both government sector and private sector. 

They are trained in various aspects of Banking and Finance, making them an ideal person for jobs in stock markets, financial firms and much more. 

Students are rendered with skills of investments and financial management sectors, gaining knowledge of corporate finance, investments & securities, which can land them with higher paying jobs for both freshers and experienced professionals.

Job Profile

• Loan Counsellor/Officer
• Securities Analyst
• Investment Banker
• Administrative Officer (AO)
• Internal Auditor
• Recovery Agent
• Market Analyst

Diploma in Financial Institutions Future Scope

The scope of employment in the Banking and Finance sector is much higher if the professional has some background in the field. Therefore, if you don’t want to pursue a Bachelor or Postgraduate degree, you should pursue this 1 year Diploma course to get the basic idea about the field

Various aspects like financial planning, asset management, retail banking, and other subjects are included in their syllabus, which makes the diploma holder best for introductory or entry level jobs. oma in Financial Institutions