PG Diploma Banking and Finance: Course Details, Eligibility, Admission, Fees

Duration: 2 Years
Avg Fees: ₹1 - 3 LPA
Lisha Gupta
Lisha Gupta

Updated on - Jan 4, 2023

PGD in Banking and Finance is a two-year post-graduate diploma programme that deals with a broad range of topics such as assessing cost centres, organization expenditures, and creating effective balance sheets. Post-graduate occupations in banking and finance include Financial Planner, Treasurer, Bank Manager, and Bank Officer, among others.

PGD Banking and Finance Course Details

Degree Postgraduate Diploma
Full Form Post Graduate Diploma Banking and Finance
Duration 2 Years
Age No Age Limit
Average Fees ₹1 - 3 LPA
Average Salary INR 3 - 5 LPA
Employment Roles Financial Advisor, Bank Officer, Portfolio Manager, Credit Risk Manager, Accounts Manager

About PG Diploma in Banking and Finance

PG Diploma in Banking and Finance specializes in critical thinking and analytical courses. Working with capital management and comprehending international finance are two of the course's most crucial intellectual themes.

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.

Table of Contents

Eligibility Criteria for PG Diploma in Banking and Finance

Students must understand the PG Diploma in Banking and Finance eligibility requirements as well as the course specifics before applying for admission. Students must have completed an undergraduate degree from a recognised educational institution in any stream with a minimum of 50% of the total marks to be eligible for the course.

Candidates who have completed professional courses such as CA/CS are also eligible to apply if they meet the fundamental requirements. There is no age limit for applying to this course.

How To Get Admission for PG Diploma in Banking and Finance?

The admission procedure for those seeking an MBA or PGD is the same regardless of specialization. The admissions procedure for the PG Diploma in Banking and Finance is solely based on the candidate's ability to satisfy the qualifying requirements.

Though the admissions procedure differs for every college, these are the steps that should be followed in order to gain admission.

How to Apply?

Entrance exams are an essential requirement for the PG Diploma in Banking and Finance admission. Aspirants must submit an online application with all essential documents, including their Aadhar card number, residence proof, voter ID card, domicile, and 10th, 12th, and final year degree mark sheets. Depending on the candidates' preferences, different forms for various colleges may be required to be filled in the online mode or offline mode by visiting the respective college.

Selection Process

Students get admitted to institutions based on the results of their entrance exams. The college places students on a cut-off list who have advanced to the next level, which includes interviews and group discussions. Candidates are granted admit cards and must complete the remainder of the admissions process.

Who Should Pursue a PG Diploma in Banking and Finance?

The PG Diploma in Banking and Finance duration is 2 years and is designed for people interested in pursuing a career in finance or banking. This course is a suitable fit for those who want to work in financial planning businesses or financial institutions like banks.

When To Do PG Diploma in Banking and Finance?

Applicants for the PG Diploma in Banking and Finance should apply as soon as they have completed their graduation degree or have worked in the financial industry for 1-2 years. A PG Diploma in Banking and Finance, on the other hand, is open to students from any discipline.

Types of PG Diploma in Banking and Finance

Aspirants can only enrol in the full-time PG Diploma in Banking and Finance programme since it is a hands-on practical-based programme that needs students to completely participate in the course structure. The following are the details for the PG Diploma in Banking and Finance course:

Full-Time PG Diploma in Banking and Finance

Students must attend classes, submit work, and take examinations on campus during their full-time PG Diploma in Banking and Finance programme, which can last up to two years depending on the university.

Students will learn a lot more via direct engagement with their classmates and teachers which will lead to the overall development of their personality in a full-time PG Diploma in Banking and Finance programme.

Part-Time PG Diploma in Banking and Finance

The PG Diploma in Banking and Finance is a short post-graduate diploma programme that is evaluated on a regular basis and takes a practical approach. As a result, it is not available as a part-time educational programme.

Distance PG Diploma in Banking and Finance

Several universities in India offer a one year PG Diploma in Banking and Finance distance learning course. Students can opt for a PG Diploma in Banking and Finance from IGNOU. Other notable institutions such as NMIMS offer 1 year PG Diploma in Banking and Finance.

Popular Entrance Exams for PG Diploma in Banking and Finance

Aspiring PG Diploma in Banking and Finance candidates can take national and state-level entrance exams to get admission to top institutes and universities. Admission will be given on the basis of merit, as determined by his/her graduation grades.

The selected student attends the GD (Group Discussion) and PI (Personal Interview) sessions as the next step in the admissions process. They are asked questions to test their critical thinking abilities, and candidates are picked based on their replies.

The following are some of the most common PG Diploma in Banking and Finance entrance exams:

A Quick Glance at the PG Diploma in Banking and Finance Entrance Exams

PGD in Banking and Financial is one of the greatest courses to do if you want to be successful finance and banking professional. The usual patterns of admission tests are listed here.

  • Different components of the test patterns include data interpretation, logical thinking, and mathematical ability.
  • The admission exam takes two to three hours to complete depending on the type of entrance exam.
  • The test can be taken in an online or offline format.
  • Exam patterns vary depending on the colleges to which one applies.

Some of the world's PG Diploma in Banking and Finance colleges are located in India. Aspirants have several alternatives when it comes to selecting the finest PG Diploma in Banking and Finance courses for their needs. The following are some of the best universities in India that offer a PG Diploma in Banking and Finance programme:

Top 10 PG Diploma in Banking and Finance Colleges in India

Below is the list of the 10 best colleges for PG Diploma in Banking and Finance in India:

PG Diploma in Banking and Finance College in India
Sl.No Name of the College
1 NIBM, Pune
2 IIKM Business School, Chennai
3 Institute of Finance Banking and Insurance, New Delhi
4 ICFAI University, Mizoram
5 NMIMS, Mumbai
6 TAPMI, Manipal
7 Institute of Public Enterprise, Hyderabad
8 K J. Somaiya Institute of Management Studies and Research, Mumbai
9 Jaipuria Institute of Management, Noida
10 IICT, Lucknow

Top PG Diploma in Banking and Finance Colleges in New Delhi

Delhi is home to some of India's best PG Diploma in Banking and Finance institutions. The table below lists the top colleges for PG Diploma in Banking and Finance in Delhi:

Sl.No Institution
1 LBISM
2 IMT
3 IMI
4 IMS
5 TKW Institute of Banking and Finance

Top PG Diploma in Banking and Finance Colleges in Pune

Pune also has some of the best institutions for PG Diploma in Banking and Finance in India. Check the table below for the top institutions of PG Diploma in Banking and Finance in Pune:

Sl.No Institution
1 Pune Business School
2 MET Institute of Postgraduate Diploma in Management
3 NIBM Pune
4 Institute for Future Education Entrepreneurship and Leadership
5 Balaji Institute of Management

Top PG Diploma in Banking and Finance Colleges in Chennai

India's best PG Diploma in Banking and Finance colleges are located in Chennai. The finest PG Diploma in Banking and Finance institutes in Chennai are listed in the table below:

Sl.No Institution
1 Indian Institute of Banking & Finance
2 IFMR Chennai
3 Krea University
4 AGBS
5 LIBA

Top PG Diploma in Banking and Finance Colleges in Bangalore

The capital city of Karnataka is renowned around the country for colleges offering top PG Diploma in Banking and Finance programmes. Check the table below for the best PG Diploma in Banking and Finance colleges in Bangalore:

Sl.No Institution
1 Welingkar Bangalore
2 Jain University
3 Christ University
4 St. Joseph’s College
5 NMIMS

Top PG Diploma in Banking and Finance Colleges in Kolkata

West Bengal’s capital city, Kolkata, has some of the best colleges for PG Diploma in Banking and Finance courses in India. Check the table below for the best PG Diploma in Banking and Finance colleges in Kolkata:

Sl.No Institution
1 ISB&M
2 IBS Kolkata
3 IMI
4 Techno India University
5 Institute Of Finance Banking & Insurance

Top PG Diploma in Banking and Finance Colleges in Hyderabad

The Telangana state capital has some premier institutions in the country for PG Diploma in Banking and Finance Courses in India. Check the table below for the top PG Diploma in Banking and Finance colleges in Hyderabad:

Sl.No Institution
1 David Memorial Business School
2 Carlton Business School
3 Jawaharlal Nehru Institute For Development Banking
4 The Institute Of Islamic Banking And Finance
5 Indian Institute Of Insurance And Finance

Top PG Diploma in Banking and Finance Government Colleges

Several leading government colleges around the country provide superior PG Diploma in Banking and Finance programmes. The notable PG Diploma in Banking and Finance government colleges in India are mentioned in the table below:

PGD Banking & Finanace Government Colleges
Sl.No Institution
1 IGNOU Delhi
2 Gujarat University
3 NIBM Pune
4 ICOFP, New Delhi
5 Indian Institute of Commerce and Trade, Lucknow

Top PG Diploma in Banking and Finance Private Colleges

The number of excellent PG Diploma in Banking and Finance private colleges in India has increased significantly, with some of the top programmes in the country. The top PG Diploma in Banking and Finance private colleges in India are included in the table below:

PGD Banking & Finance Private Colleges
Sl.No Institution
1 NMIMS, Mumbai
2 NMIMS, Bangalore
3 Balaji Institute of Management, Pune
4 IBS Kolkata
5 IMT, Ghaziabad

Study PG Diploma in Banking and Finance Abroad

Students can study a PG Diploma in Banking and Finance programme overseas with proper financial means and guidance. The duration of a PG Diploma in Banking and Finance course outside of India is the same as in India, ranging from one to two years, depending on the type of programme, college, and location.

Taking a PG Diploma in Banking and Finance study overseas provides access to some of the greatest resources, facilities, and faculty, as well as worldwide exposure to the subject matter and diverse cultures.

The following are some of the best PGD in Banking & Finance colleges in the world, along with their fees:

Top PG Diploma in Banking and Finance Colleges Abroad

The table below contains the list of some of the best colleges abroad for PG Diploma in Banking and Finance:

PGD Banking & Finance College Abroad
Institution Fees
PACE University USD 24,750
Harvard University USD 35,760
University of Cambridge GBP 25,670
Stanford University USD 35,458
New York University USD 52,538
University of California (Los Angeles) USD 32,160
Southeast Missouri State University USD 9,990
Columbia University USD 60,345
Westcliff University USD 13,050
University of Portsmouth USD 20,212

Top PG Diploma in Banking and Finance Colleges in the USA

In the United States, some of the world's best universities and schools offer top-notch PG Diploma in Banking and Finance programmes. Top PG Diploma in Banking and Finance colleges in the United States are listed below:

Sl.No Institution
1 Stanford University
2 Arizona State University
3 Western Washington University
4 University of Columbia
5 Harvard Business School

Top PG Diploma in Banking and Finance Colleges in the UK

Academics have long called the United Kingdom home, and it has produced some of the world's most brilliant brains. As a result, one of the most popular locations for PG Diploma in Banking and Finance students in the United Kingdom. The best PG Diploma in Banking and Finance colleges in the United Kingdom are listed below:

Sl.No Institution
1 Cardiff University
2 University of Manchester
3 London Business School
4 University of Cambridge
5 University of Liverpool

Top PG Diploma in Banking and Finance Colleges in Canada

Canada dubbed the "Great White North," is one of the world's most sought PG Diploma in Banking and Finance locations in the world for an excellent education. The following are the top institutions for a PG Diploma in Banking and Finance in Canada:

Sl.No Institution
1 University of Toronto
2 University of Ontario
3 University of Saskatchewan
4 Carleton University
5 University of Montreal

Top PG Diploma in Banking and Finance Colleges in Australia

Due to its advantageous educational policies, Australia has become one of the top locations for many aspirants seeking higher education. The following are the best PG Diploma in Banking and Finance colleges in Australia:

Sl.No Institution
1 University of Melbourne
2 Deakin University
3 University of Sydney
4 University of Adelaide
5 University of South Australia

Fee Structure for PG Diploma in Banking and Finance

The PG Diploma in Banking and Finance fees are not fixed and are determined by a variety of variables. Location, faculty, demand, infrastructure, and the amenities accessible to students are all elements that influence the PG Diploma in Banking and Finance fees structure. In India, the average course fee of a PG Diploma in Banking and Finance is between INR 1 to 7 LPA.

PGD Banking & Finance Fee Structure
Sl.No. Name of the College Total Fee Structure
1. IFMR, Chennai INR 7.25 LPA
2. Balaji Institute of Management, Pune INR 4.5 LPA
3. IMI, Kolkata INR 6 LPA
4. National Institute of Bank Management, [NIBM] Pune INR 3.75 LPA

Syllabus and Subjects for PG Diploma in Banking and Finance

The most popular PG Diploma in Banking and Finance course details are mentioned here. With some basic changes, most colleges across the country follow the same core of the syllabus related to the banking and financial industry. The following are some of the subjects that students might choose to study:

  • Banker Customer Relationship
  • Negotiable Instruments
  • Evaluation and Structure of Banking in India
  • Indian Banking and Financial Systems
  • Management of Banks
  • Marketing of Banking Service

Read More: PG Diploma in Banking and Finance Syllabus and Subjects

Why Choose PG Diploma in Banking and Finance?

Students should check the course requirements before enrolling in the PG Diploma in Banking and Finance degree to ensure that they understand the course they will be taking. "What is PG Diploma in Banking and Finance?" and "Why PG Diploma in Banking and Finance?" are common questions among students. To make the answers to these questions easier to grasp, we can split them down into three short questions:

What is PG Diploma in Banking and Finance All About?

The major purpose of the PG Diploma in Banking and Finance course is to offer a full grasp of the financial and banking industries to the applicant. Financial concepts and methods from both the national and international levels also are offered. Two of the most essential intellectual subjects covered in this course are working capital management and international finance.

This course will help students better manage key financial concerns, allowing them to take on greater responsibilities.

What Does a PG Diploma in Banking and Finance Graduate Do?

Students can choose their studies based on their interests and the work opportunities accessible in the banking and finance industry. The PG Diploma in Banking and Finance takes less time and costs less than a Master's degree. You can swiftly shift occupations or start working in the sector as a professional. The PG Diploma in Banking and Finance programme will help managers seeking entry courses to ease working in the banking and financial service industries, such as insurance, mutual funds, and loans.

One of the job roles available to the graduates after completion of the course is of a Banking Manager.

Bank Manager: A Bank Manager is in charge of overseeing banking operations and staff performance in order to provide the finest customer service possible for clients with banking and financial transactions.

Reasons Why PG Diploma in Banking and Finance Can Fetch You a Rewarding Career?

The PG Diploma in Banking and Finance course provides a stimulating and engaging educational experience. The inherent worth of a PGD in Banking & Finance is determined by the fact that it provides more career options than any other stream. As a result, the field of work for the PG Diploma in Banking and Finance is continually developing and fascinating.

Diversity in Job roles: Graduates of this programme have a wide range of employment options. Students can pursue a wide range of roles in their careers due to the extensive number of specialities accessible to them.

Read More: PG Diploma in Banking and Finance Jobs & Scope

PG Diploma in Banking and Finance Course Comparison

PG Diploma in Banking and Finance equips students with in-depth information and insight in order to satisfy the requirement for successful performance in financial organizations like banks. Given below is a comparison of PG Diploma in Banking and Finance with other courses:

PG Diploma in Banking and Finance vs PGD in Banking

The table below showcases the differences between PG Diploma in Banking and Finance and PGD in Banking:

PGD Banking & Finance vs Baning: Course Comparison
Course PG Diploma in Banking and Finance PGD in Banking
Full-Form Postgraduate Diploma In Banking and Finance Postgraduate Diploma In Banking
Stream Finance Finance
Course Duration Up to 2 Years 1 Year
Eligibility Bachelor's degree with a minimum of 50% marks in the same field or similar discipline from any recognised institute or university. Bachelor's degree with a minimum of 50% marks in the same field or similar discipline from any recognised institute or university.
Entrance Exams CAT, MAT, SNAP CAT, NMAT, CMAT
Top Colleges IFMR, NIBM, Symbiosis School of Banking and Finance Institute of Finance Banking and Insurance, Ahmedabad Management Association, Manipal University
Fees INR 1 to 7 LPA INR 50,000 to 3 LPA

Preparation Tips for PG Diploma in Banking and Finance

Before opting for a course, the most important thing is preparation for the course through some good practices and habits. To excel in the PG Diploma in Banking and Finance course one must get ready to dive into the domain of banking and finance so that there is overall learning from all the different perspectives of the industry.

Following are some preparation tips that the aspirants should follow while pursuing the PG Diploma in Banking and Finance course:

Regular Practice: Practice of the important topics and key areas will allow the students to have a thorough comprehension of the course contents.

Read books and use the internet: Problem-solving and leadership abilities are taught in a PG Diploma in Banking and Finance curriculum. If one wants to work in the finance and banking industry one should read books, check the internet, and perform a thorough study.

Study the Course: Before beginning the course, students should become familiar with the many features and demands of the course.

Scope For Higher Education

PG Diploma in Banking and Finance students can choose from a variety of options after their course completion. Graduate students with a PG Diploma in Banking and Finance degree have several higher education alternatives open to them, which may help them better comprehend the topic. If students are motivated, they can also pursue a career in research.

The other higher education options that the PG Diploma in Banking and Finance graduates can opt for are:

  • CA
  • CFA
  • PhD in Banking and Finance

Salary of a PG Diploma in Banking and Finance Graduate

Finance is the backbone of every business, and students who major in finance have several job options. With the fast growth of privatization, a rising number of financial institutions along with banks have entered the market, boosting the demand for finance and banking graduates.

Graduates with a PG Diploma in Banking and Finance are regarded as qualified professionals in the field of banking and finance. On average, they earn between INR 5 and INR 12 LPA(Source: Glassdoor).

Read More: PG Diploma in Banking and Finance Salary

Career Options After PG Diploma in Banking and Finance Course

Knowledge gained through a PG Diploma in Banking and Finance may be applied to any firm to give a real-time solution to financial difficulties that arise. This stream is crucial in business and can help firms achieve their objectives.

This stream has established itself as a source of financial data forecasting and analysis as the stream has grown significantly over time. One could be able to work in one of the following roles after receiving a PG Diploma in Banking and Finance:

  • Financial Manager
  • Bank Manager
  • Bank Officer
  • Financial Analyst
  • Accountant

Skills That Make You The Best PG Diploma in Banking and Finance Graduate

PG Diploma in Banking and Finance graduates must possess a diverse set of complex and soft skills in order to be successful in their careers. These aren't always skills that can be taught in a classroom. These are skills that can only be learned via practice. As a result, students should make every effort to expand their horizons and get as much experience as possible. These abilities include:

  • Analytical Skills
  • Quantitative Skills
  • Decision Making Skills
  • Problem Solving Skills
  • Pressure Handling Skills

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