Diploma in Banking and Finance Jobs, Scope, Salary in India

Surobhi Chatterjee

Updated on - Jan 4, 2023

Diploma in Banking and Finance jobs can be found in a range of public and private consultancies. Career after Diploma in Banking and Finance include Business Analyst, Internal Auditor, Loan Counselor, Credit and Risk Manager, Stock Analyst, and many more.

Career Prospects and Job Scope for Diploma in Banking and Finance Course

A Diploma degree in Banking and Finance from an institution can be specialized in any area students are interested in or proficient in. Diploma in Banking and Finance scope and salary in India vary with the education and experience of the students. Graduates of the Diploma in Banking and Finance program can pursue a wide variety of careers. Jobs after Diploma in Banking and Finance include the following: 

• Asset Manager
• Assistant Controller
• Cashier
• Credit and Risk Manager
• Equity Research Analyst
• Financial Analyst
• Investment Analyst
• Loan Counsellor

Areas of Recruitment for Diploma in Banking and Finance Course 

There are plenty of jobs in the public and private sectors for financial analysts with a Diploma in Banking and Finance. A Diploma in Banking and Finance scope and salary depend on a graduate's education and experience. The following are some areas in which Diploma in Banking and Finance graduates are recruited: 

• Banking
• Corporate Banking
• Financial Sector
• Auditing Departments
• Credit Administration

Salary Packages for Diploma in Banking and Finance Course 

According to PayScale, Diploma in Banking and Finance jobs salary in India can range from INR 3-7 LPA. Education and experience determine the salary of a diploma financial analyst. In India, Diploma in Banking and Finance graduates' salary is moderate in comparison to experienced students. Following are the Diploma in Banking and Finance starting salary with job designations in India:

Source: PayScale

Government Jobs for Diploma in Banking and Finance Graduates 

Diploma in Banking and Finance salary in India ranges between INR 2-10 LPA ( Source: Ambitionbox). The government offers a number of employment opportunities in the form of government jobs, as well as a number of public interest agencies.

In addition to the Department of State, there are the Departments of Central Government and Research and Development. Many students opt for government jobs because of their security and financial stability. The following is a list of government jobs for a Diploma in Banking and Finance:

Source: Ambitionbox

Private Jobs for Diploma in Banking and Finance Graduates 

The average salary for a Diploma candidate in Banking and Finance in India ranges from INR 3-7 LPA (Source: Glassdoor). For freshers in India with a Diploma in Banking and Finance, the following positions are available: 

Source: Glassdoor

Job Opportunities Abroad for Diploma in Banking and Finance Graduates 

A diploma in Banking and Finance can help students find employment abroad. In spite of the Diploma in Banking and Finance jobs salary being attractive to many students, they would not be able to apply the skills and methods learned to the banking and finance field abroad. The best banking and finance sectors often offer jobs abroad to graduates. As graduate students working in the private sector, students will gain valuable experience and skills that will aid their career abroad.

Jobs for Diploma in Banking and Finance graduates can be found using online job search engines. Graduates of Diploma in Banking and Finance degrees are often hired as Business Analyst, Internal Auditor, Loan Counselor, Credit and Risk Manager, Stock Analyst, Loan Counsellor or Officer, Securities Analyst, Administrative Officer, Internal Auditor, and Recovery Agent.

Top Companies

The following top companies hire Diploma in Banking and Finance graduates: 

• Apex
• Exil
• HCL
• IGATE
• IBM
• Wipro
• I-flex
• Genpact
• South Indian Bank
• TATA
• Bank of Baroda
• Union Bank
• Bajaj Allianz
• Birla Sun Life Insurance
• Bharti Axa Life Insurance

Best Countries 

The following are some of the best countries that hire Diploma in Banking and Finance graduates: 

• Hong Kong
• Switzerland
• Belize
• Germany
• France
• Norway
• Denmark
• Finland
• Sweden
• US
• UK

Various Career Designations Abroad for Diploma in Banking and Finance Graduates 

The following positions are available to Diploma in Banking and Finance graduates abroad: 

• Market Analyst
• Process Analyst
• Financial Analyst
• Internal Auditor
• Credit Risk Manager
• Data Entry Operator
• Deputy Director
• Chief Financial Officer
• Administrative Officer
• Assistant Administrative Officer
• Business Analyst
• Corporate Analyst
• Customer Service Representative
• Finance Manager
• Investment Banker

Best Diploma in Banking and Finance Graduates 

The career options for graduates of Diploma programs in Banking and Finance are plentiful. Diploma courses in Banking and Finance can be helpful to financial analysts who plan to enter the field.

The number of students enrolled in Diploma courses in Banking and Finance has increased in the past few years, while the number of students enrolled in courses related to banking and finance has decreased. The finance consultancies and research institutes in India usually hire Diploma in Banking and Finance graduates. Here is a list of some of the best graduates of Diploma in Banking and Finance programs: 

• Uday Kotak
• Paresh Sukthankar
• Naina Lal Kidwai
• Kaizad Bharucha
• Rana Kapoor
• Romesh Sobti
• NS Kannan
• Shikha Sharma
• Chanda Kochhar
• Aditya Puri