Diploma In Financial Management Jobs, Scope, Salary in India

Duration: 1 Year
Avg Fees: ₹10K - 8 LPA
Surobhi Chatterjee
Surobhi Chatterjee

Updated on - Jan 4, 2023

A diploma in Financial Management jobs is available for graduates in a wider and more diverse variety of roles. Graduates will get job opportunities in both the private and government sectors. The career options are very high and diverse, due to the flexibility of the curriculum that the students receive. Some of the Diploma in Financial Management jobs are Financial and Research Analyst, Management Trainee, Market Analyst, Investment Analyst, etc.

Career Prospects and Job Scope for a Diploma in Financial Management Graduate

Jobs for Diploma in Financial Management graduates are available to students at ease. A student can easily map their Diploma in Financial Management course as per his or her future aspirations with options ranging from Large and Small Businesses, Consultancy Firms, Auditing Firms, Non-Profit organizations, etc.

Financial Management jobs are the primary areas of employment for graduates of the Diploma in Financial Management course. The Diploma in Financial Management's scope of work for a graduate is comprehensive and varies over a large number of working areas and sectors. 

Listed below are a few of the popular jobs after the Diploma in Financial Management in India that are undertaken by graduates:

  • Financial Services and Research Analyst
  • Management Trainee
  • Finance Assistant
  • Accountant
  • Market Analyst
  • Investment Analyst

Areas of Recruitment for Diploma in Financial Management

There is a tremendous scope of Diploma in Financial Management jobs for candidates in both the private and public sectors. They can jump from one industry to another because of their all-encompassing course. With multiple specializations, the Diploma in Financial Management is a holistic course. 

Concerning the educational background, personal judgment and the capability of the student towards a particular course, there exists a suitable strategy for almost every student opting for the Diploma in Financial Management course. 

Some of the areas of recruitment are:

  • Colleges and Universities
  • Front Offices
  • Management of Companies
  • Banking Sector
  • Investment Firms

Diploma in Financial Management Salary

The Diploma in Financial Management salary for the graduates can differ according to the specialization that the aspirants decide to pursue.

Other factors which can affect Diploma in Financial Management salary in India include tenure, location, and specialization. Graduates can maximize their salary by doing internships and work placements as it would be an addition to their experiences.

Diploma in Financial Management Salary in India

The average Diploma in Financial Management salary for graduates is around INR 3.5-30 LPA [Source: Ambitionbox]. The table below shows the salaries of Diploma in Financial Management graduates in India:

Diploma in Financial Management Salary Amount
Highest Salary INR 30 LPA
Lowest Salary INR 3.5 LPA
Average Salary INR 13 LPA

Source: Ambitionbox

The table below contains the list of Diploma in Financial Management job profiles and their average salaries per annum:

Designation Salary
Finance Executive INR 3 LPA
Accounts & Finance Manager INR 9 LPA
Accounts & Finance Executive INR 3.5 LPA
Market Analyst INR 7.9 LPA
Financial Management Manager INR 8.4 LPA

Source: Ambitionbox

Diploma in Financial Management Salary Abroad

A diploma in Financial Management is one of the many popular courses in the world, making it an attractive course for Indian students to pursue outside India. Students will have access to the best infrastructure, amenities, academic curriculums and faculties while pursuing a Diploma in Financial Management abroad. 

Furthermore, they will have the opportunity to get employed and earn high salaries upon completing the course. The average salary of a Diploma in Financial Management graduate abroad is USD 95,000 (Source: PayScale). The table below contains the list of popular job profiles abroad and the appropriate per annum salaries:

Job Profile Salary
Senior Financial Analyst USD 80,585
CFO USD 138,979
Financial Controller USD 82,142
Finance Manager USD 97,401
Staff Accountant USD 51,563

Career Scope of Diploma in Financial Management

A diploma in Financial Management is one of the most diverse degrees in terms of work chances across numerous areas, as well as post-secondary education options for graduates. Students will be prepared to locate suitable work in their field or discover the appropriate course for further education, depending on the Diploma in Financial Management specialisation they choose. 

Whether a graduate chooses to work or continue their education, the Diploma in Financial Management degree has a wide range of applications.

Courses after Diploma in Financial Management

After completing their Diploma in Financial Management programme, many students choose to pursue MBA/PGDM and other postgraduate studies. Depending on their Diploma in Financial Management speciality, Diploma in Financial Management graduates have a wide range of options.The list below contains the list of courses that Diploma in Financial Management graduates can go for after completing the course:

  • Bachelors in Financial Management
  • Masters in Financial Management
  • M.Phil in Financial Management
  • MBA Finance

Career Options after Diploma in Financial Management

There are a high number of employment options that Diploma in Financial Management graduates can join right after graduation. A diploma in Financial Management is one of the most comprehensive courses in terms of employment opportunities for graduates. The list of career options available to Diploma in Financial Management graduates is as follows:

  • Finance Executive: A finance executive ensures that their company is profitable by being in charge of all financial activities, including income and expenses.
  • Accounts & Finance Manager: The daily bookkeeping, accounts payable and receivable, payroll, help with end-of-month close, grant reporting, audit preparation, and other related tasks will be the responsibility of the accounting and finance manager.
  • Accounts & Finance Executive: The Accounts & Finance Executive is responsible for documenting & overseeing accounts & financial matters.
  • Market Analyst: A marketing analyst is a professional that analyzes data to support a company's marketing efforts.
  • Financial Management Manager: Financial managers typically keep an eye on a company's finances and work to maintain its sustainability.

Government Jobs for Diploma in Financial Management Graduates

Salary for Diploma in Financial Management graduates varies depending on experience and employment position. This assessment is based on the candidate's speciality, industry, job profile, technical expertise, and workplace dedication, as well as the aspirant's seniority and experience.

Graduates of the Diploma in Financial Management programme might also find work in the government sector. Due to the diversity of the educational system, job prospects for Diploma in Financial Management students are available in a wide range of job roles. Graduates with a Diploma in Financial Management can expect to earn between INR 1.5-6.2 LPA (Source: Ambitionbox). The following are the job titles:

Top Government Hiring Roles Salary
Financial Analyst INR 1.5 LPA
Accountant INR 3.2 LPA
Accounts Officer INR 6.2 LPA

Source: Ambitionbox

Private Jobs for Diploma in Financial Management Graduates

Students who do not want to work for the government can pursue a career in the private sector after graduating with a Diploma in Financial Management. In the private sector, Diploma in Financial Management students has a plethora of work choices. The average income for Diploma in Financial Management jobs is around INR 1.9-7.3 LPA (Source: Ambitionbox). The following are the top companies:

Top Private Hiring Companies Salary
Morgan Stanley INR 22.5 LPA
Boston Consulting INR 15 LPA
Deloitte INR 5 LPA
ICICI Bank INR 17 LPA
KPMG INR 3 LPA

Source: Ambitionbox

Job Opportunities Abroad for Diploma in Financial Management Graduates

Candidates with a Diploma in Financial Management have many alternatives in the global work market. Because the education and knowledge they acquire are so specialized, graduate demand outnumbers supply. The course is aimed to make all students marketable in a foreign nation, regardless of their specialization.

Top Companies for Diploma in Financial Management Graduates

Below is a list of the top international companies that recruit Diploma in Financial Management Graduates:

  • Morgan Stanley
  • Boston Consulting
  • Deloitte
  • ICICI Bank
  • KPMG

Best Countries for Diploma in Financial Management Graduates

Below is the list of top countries providing job opportunities to Diploma in Financial Management Graduates:

  • USA
  • UK
  • China
  • Germany
  • Switzerland

Various Career Designations Abroad for Diploma in Financial Management Graduates

Here is the list of exciting job roles that attract Diploma in Financial Management graduates to work abroad:

  • Senior Financial Analyst
  • Chief Financial Officer (CFO)
  • Financial Controller
  • Finance Manager
  • Staff Accountant

Famous Diploma in Financial Management Graduates

There are many graduates in the field who have gained fame for their contributions. Some of such famous personalities are listed below

  • Size Orman
  • Dave Ramsey
  • Carl Icahn
  • Ray Dalio
  • Jamie Dimon

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