About Course
The Post Graduate Diploma in Banking and Finance is a two-year diploma course. The course is designed to meet the needs of highly qualified professionals in banking and finance. It provides students with in-depth knowledge and understanding to meet the demands of middle-level managers for effective performance. The PG degree in Banking and Financial Management specializes in courses in critical thinking and analysis. Working with capital management and understanding international finance are the two main intellectual themes of the course.
The main objective of this PGD course is to make the students experts in the financial and banking industries. Financial concepts and tactics from both the national and international levels are also covered. As per Wikipedia, “A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.” This course is a pathway to gaining complete knowledge about banks and other financial institutions.
Course Highlights
Particulars | Values |
Course Name | Post Graduate Diploma in Banking and Financial Management |
Course Level | Post Graduate (PG) |
Course Duration | 2 Years |
Examination Type | Semester Based |
Eligibility Criteria | Bachelor's degree in the same field or any relevant field from a recognized institute |
Admission Process | Merit Based/ Entrance Based |
Specialization | Banking and Financial Management |
Internship | Yes |
Entrance Exams | SNAP, CAT, XAT, MH CET |
Course Fee | INR 1 to 3 LPA |
Average Annual Salary | INR 3 to 7 LPA |
Top Recruiting Companies | Colleges, Universities, Banks, Government Organization, etc. |
Job Profiles | Financial Advisor, Bank Officer, Portfolio Manager, Credit Risk Manager, Accounts Manager, Cluster Head, Sales Manager, Banking Executive, Credit Analyst, Branch Head |
Why Study PGD in Banking and Financial Management?
There are many reasons why students choose this major to build their careers. However, some of the benefits of this item are listed below:
1. Provides students with in-depth knowledge of banking and finance.
2. Provides students with in-depth knowledge and understanding to meet the mid-level managers needs for effective performance.
3. The subject provides knowledge about banking, its important basics and other aspects related to banking and finance.
4. Successful graduates can choose lucrative jobs in fields like colleges, universities, banks, government organizations, etc.
5. The program is also designed to provide students with the necessary customer centricity and practical application skills essential to gaining a decent job with minimal banknote training.
6. The study aims to introduce reforms in the banking sector of any country.
Eligibility Criteria
Meeting the eligibility criteria is a prerequisite for admission to a course or program. The eligibility criteria for PGD Banking and Finance Management are listed below:
1. Applicants must have a bachelor's degree in the same major or equivalent discipline from a recognized institution or university.
2. In the final examination, a total score of at least 55% must be achieved.
3. Only students who pass the entrance exam are admitted to the course.
4. Candidates must also perform well in the one-on-one interview and in the group discussion, as these grades are added to those of the written exam.
Admission Process
The admission process of PGD Banking and Finance is the same as any other course. However, certain important points must be kept in mind while taking admissions. These points have been mentioned as follows:
1. Admissions to the PGD Banking and Finance program entirely depend on the performance of a candidate in the national level entrance exams.
2. The entrance exam is then followed by rounds of personal interviews and group discussions.
3. Prospective students can register online or offline for the course.
4. The approval process usually begins in September.
5. After enrollment, the university authority may ask the applicant to go to the university in person and present the documents required to complete the procedure.
6. After enrollment, the university sets the limits for the entrance exams.
7. Only students who have passed the entrance exam are invited to study.
Skills Required for PGD in
Banking and Financial Management
Graduates of the PGD in Banking and Financial Management degree should possess a diverse range of hard and soft skills to succeed in their careers. These are not always skills that can be learned in the classroom. These are skills that can only be learned through practice. Students should therefore do everything in their power to broaden their horizons and gain as much experience as possible. These features include:
1. Analytical Skills
2. Quantitative Skills
3. Decision Making Skills
4. Problem Solving Skills
5. Pressure Handling Skills
Entrance Exams for PGD in
Banking and Financial Management
Applicants pursuing the
PGD Banking and Financial Management degree are eligible to sit national and state
entrance exams for entry into top-rated colleges and universities. Admission is
based on performance and is determined by the final grade.
The selected student
will attend the GD (group discussion) and PI (personal interview) sessions as
the next stage of the recruitment process. They are asked questions to test
their critical thinking and candidates are selected based on their answers.
Here are some of the
most common entrance exams for the PGD Banking and Financial Management degree:
CAT | MAT |
XAT | CMAT |
GMAT | SNAP |
MHTCET | DUET |
Fee
Structure
The PG Diploma in Banking and Finance fees
are not fixed and depend on various variables. Location, faculty, demand,
infrastructure and facilities available to students are the elements that
influence the fee structure of the PG Diploma in Banking and Finance. In
India, the average fee for a PG degree in Banking and Finance ranges from INR 1
to 7 LPA.
Name of College | Average Annual Fees |
National Institute of Bank Management, [NIBM] Pune | INR 3.75 LPA |
Balaji Institute of Modern Management, Pune | INR 4.5 LPA |
IMI, Kolkata | INR 6 LPA |
IFMR, Chennai | INR 7.25 LPA |
Course Comparison
Parameters | PGD in Banking and Financial Management | PGD in Banking |
Course Name | Post Graduate Diploma in Banking and Financial Management | Post Graduate Diploma in Banking |
Course Overview | The Post Graduate Diploma in Banking and Finance is a one-year diploma course. The course is designed to meet the needs of highly qualified professionals in banking and finance. | These are postgraduate courses for students who want to pursue a career in banking and acquire knowledge of banking fundamentals. |
Course Duration | 1 – 2 Years | 1 Years |
Course Level | Post Graduate | Post Graduate |
Eligibility Criteria | Bachelor’s degree in relevant discipline or equivalent | Bachelor’s degree in relevant discipline or equivalent |
Admission Process | Merit/Entrance Based | Merit/Entrance Based |
Course Fee | INR 5,000 - 4 LPA | INR 5,850 – 1 LPA |
Career Prospect | Teacher, Lecturer, Bank Manager, Accountant and much more. | Lecturer, Banking Manager, Marketing Manager, Financial Advisor, etc. |
Average Annual Salary | INR 3 – 7 LPA | INR 3 – 8 LPA |
Top Colleges Providing PGD in
Banking and Financial Management
Name of College | Average Annual Fee (INR) | Location |
Marathwada Mitra Mandal College of Commerce | INR 10,500 | Pune, Maharashtra |
Symbiosis Centre for Distance Learning | INR 30,000 | Pune, Maharashtra |
Dr.B.R. Ambedkar Open University | INR 32,000 | Hyderabad |
NMIMS University | INR 41,500 | Mumbai, Maharashtra |
Symbiosis School of Banking and Finance | INR 50,000 | Pune, Maharashtra |
Integral Institute of Advanced Management | INR 1,60,000 | Vishakhapatnam |
Institute of Banking and Finance | INR 2,25,000 | Delhi |
AIMIT | INR 2,60,000 | Mangalore |
Manipal University | INR 4,00,000 | Jaipur |
ISBM | INR 4,45,000 | Bangalore |
K J Somaiya Institute of Management | INR 8,98,000 | Mumbai |
Jobs and Placements in PGD in
Banking and Financial Management
Graduates
of the PG Diploma in Banking and Financial Management can find work in the
private and public sectors. Upon graduation, students pursuing a PGD in Banking
and Finance Management degree are not limited to their areas of specialization,
opening up diverse career opportunities.
Private Jobs
After
a PGD degree in Banking and Financial Management, students who do not wish to
work for the government can enter the private sector. In the private sector,
graduates of the PG Banking and Financial Management degree have a variety of
employment opportunities. A PG degree in Banking and Financial Management costs
around INR 5-10 LPA. The job titles are as follows:
Job Profiles | Salary |
J.P. Morgan | INR 10 LPA |
KPMG | INR 9 LPA |
HDFC Bank | INR 6.5 LPA |
Accenture | INR 5.5 LPA |
Government Jobs
Graduates
of the Banking and Finance PG course can also find employment in state
administrations. Due to the adaptability of the program, career opportunities
in a range of professional roles are available to PG Banking and Financial
Management students. The average salary for a PG degree in Banking and Finance
for college graduates is around INR 3.5-8 LPA.
Most vacancies are in the financial sector. The job titles are as
follows:
Job Profiles | Salary |
Finance Manager | INR 8 LPA |
Bank Manager | INR 7.5 LPA |
Accountant | INR 5 LPA |
Abroad Jobs
Top International Recruiting Companies who hire PGD in Banking and Financial Management graduates are:
1. Standard Chartered Bank
2. Barclays Bank
3. P. Morgan
4. Goldman Sachs
5. BCG Group
6. Crisil
Job Profiles
Some
of the famous expert avenues open to successful graduates of the PGD in Banking
and Financial Management degree
are indexed underneath with the corresponding salaries provided for the
respective positions.
Job Profiles | Job Description | Average Salary in INR |
Financial Advisor | Financial advisers provide clients with specialist advice on how to manage their money. | INR 4,21,797 |
Bank Officer | A bank officer is in charge of overseeing the daily operations at banking establishments, ensuring efficiency and client satisfaction. | INR 2,60,000 |
Portfolio Manager | A Portfolio Manager is a financial professional who oversees investment opportunities for their clients. | INR 12,32,924 |
Credit Risk Manager | A credit risk manager is a financial professional who is responsible for assessing and managing the credit risk of a company or organization | INR 9,30,000 |
Accounting Manager | Accounting managers oversee the accounting department functions with a focus on ensuring the timely and accurate delivery of financial statements and reporting. | INR 7,21,000 |
Cluster Head | Cluster Head is responsible for the operational efficiency of the region/cluster and productivity of its staff. | INR 3,90,000 |
Banking Executive | Banking Executive oversees branch administration and operations and establishes policies and procedures that drive efficient operations and regulatory compliance. | INR 2,20,000 |
Scope for PGD in Banking and
Financial Management
PG
Diploma in Banking and Financial Management students can choose from a range of
options upon completion of the course. Graduates with a PGD in Banking and
Finance degree have a range of college options to choose from that can help
them gain a better understanding of the subject. If students are motivated,
they can also pursue a career in research. The course is designed for working
professionals interested in finance. There are many job opportunities for
graduates who complete this program. Most prospective candidates can find work
in a variety of industries upon graduation, and some may even advance to higher
management levels. With the Indian banking sector experiencing unprecedented
growth over the past two decades, the need for skilled professionals with
hands-on banking skills has never been greater.
With
the market entry of private banking, the demand for qualified personnel in the
financial sector also increases. The PG Diploma in Banking and Finance Management
is excellent preparation for entering the financial sector.
PGD in Banking and Financial
Management: Career Prospects
The knowledge gained through a PG Banking and Financial Management degree can be applied to any business to provide a real-time solution to emerging financial difficulties. This flow is essential in the business world and can help companies achieve their goals. This feed has established itself as a source for financial data forecasting and analysis as this feed has grown significantly over time.
As the
financial industry grows, there are many opportunities for individuals with a
PGDB degree. The banking sector offers a variety of positions ranging from
economic analyst to risk manager to credit advisor. The salary is between two
and ten lakhs (LPA). The PGDB degree is in high demand in the financial
industry, which means there are numerous job opportunities and the salary is
also high.
Upon completion of the course, candidates can choose to work in private or public banks. These positions require little travel and are typically based in the office, allowing candidates to spend the majority of their time studying. The field of private wealth management and banking includes the management of the finances of wealthy individuals. The PG in Banking and Financial Management prepares you for this role. With this degree, you can work as a customer service representative, account manager, assistant manager or general manager. You can also become a portfolio manager. PGD in Banking and Financial Management gives you a global perspective and enables you to make informed investment decisions
FAQs
(1). What is the PGD
in Banking and Financial Management Fees in good B-school?
(2). Should I opt PGD
in Banking and Financial Management?
(3). Which are the
top entrance exams for PGD in Banking and Financial Management?
(4). Does PGD
in Banking and Financial Management has a good scope?
(5). Is PGD
in Banking and Financial Management costly?
(6). Which are the
top colleges for PGD in Banking and Financial Management in India?
(7). What is the
admission process for PGD in Banking and Financial Management?
(8). What is the
highest PGD in Banking and Financial Management salary?
(9). What is the
average salary for an PGD in Banking and Financial Management fresher?
(10). What are the
Eligibility Criteria for an MBA in Hotel Management?
(11). What is the
minimum CAT score to get admission to IIM?
(12). Is it
advisable to pursue PG in Diploma immediately after graduation or we can pursue
it after gaining some work experience?