Content Curator | Updated on - Mar 31, 2026

The Post Graduate Diploma in Banking and Finance (PGDBF) at IAER, Kolkata is a 1-year full-time postgraduate diploma programme affiliated to Maulana Abul Kalam Azad University of Technology (MAKAUT), West Bengal (recognised by UGC under Sections 2F and 12B). The programme is designed to provide graduates with a comprehensive understanding of banking operations, financial services, wealth management, investment analysis, and financial regulations. The total course fee for the offline/campus mode is INR 1,98,000, while the online mode is available at INR 1,48,000. The programme is popular among graduates seeking careers in banking, financial institutions, NBFCs, insurance companies, and corporate finance departments. With India's banking and financial services sector expanding rapidly, PGDBF graduates are in high demand across public and private sector banks, investment firms, and fintech companies.

Admissions for the 2026-2027 batch are open. Applications can be submitted online via the official IAER admission portal (admission.iaer.ac.in). The programme offers a 0% interest EMI option for fee payment. Admissions are merit-based, and students are advised to apply early to secure seats.

Key Points

Affiliated to MAKAUT (Maulana Abul Kalam Azad University of Technology) and recognised by UGC
Programme duration: 1 year (2 semesters); available in both full-time campus mode and online mode
Curriculum covers Banking Theory, Banking Law and Practice, Marketing of Banking Services, E-Banking, Development Banking, and Financial Services Institutions
Students undertake live projects in Marketing, HR, Finance, Wealth Management, and Financial Statement Analysis during the programme
Final semester involves industry training based on the student's chosen specialisation
Dual certification: MAKAUT Post Graduate Diploma in Banking and Finance + MAKAUT PG Diploma Transcript
0% interest EMI option available for fee payment
Placement support provided for roles in banks, NBFCs, insurance companies, and corporate finance departments

Official Link:

Go To Website

Highlights
Fees
Admission
Scholarships
Placements
FAQs

IAER PGDBF Fees

The PGDBF programme at IAER is available in two modes. The offline/campus (full-time) mode costs INR 1,98,000, while the online mode is available at INR 1,48,000. The fee is inclusive of admission fee, university fee, and training fee. A 0% interest EMI option is available for both modes. Note that all fees are non-refundable as per the institute's policy.

Programme Fee Structure

Fee Component	Offline/Campus Mode (INR)	Online Mode (INR)
Total Programme Fee (inclusive of Admission, University, and Training Fee)	1,98,000	1,48,000
Total Fees	1,98,000	1,48,000

All fees are non-refundable.
0% interest EMI option is available for fee payment via Internet Banking, Credit/Debit Card, or Standard EMI.
Hostel accommodation is optional and charged separately on a monthly basis:
AC Single Occupancy: INR 11,000/month (including food).
AC Twin Occupancy: INR 10,000/month (including food).
AC Triple Occupancy: INR 9,000/month (including food).
Non-AC Single Occupancy: INR 10,000/month (including food).
Non-AC Twin Occupancy: INR 9,000/month (including food).
Non-AC Triple Occupancy: INR 8,000/month (including food).
A one-time refundable hostel security deposit of INR 10,000 is applicable for hostel residents.

IAER PGDBF Admission 2026

Admissions to the PGDBF programme at IAER for the 2026-2027 batch are open. The selection process is merit-based, considering the candidate's graduation marks. Any graduate from a recognised university is eligible to apply. The programme offers both online and offline (campus) modes, giving students flexibility in how they pursue the course.

IAER PGDBF Admission Dates

Event	Date
Application Start Date	Ongoing (Open)
Application Last Date	Until seats are filled (tentatively September 2026)
Batch Commencement	July 2026 (Tentative)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidates must hold a graduation degree in any stream from a recognised university
No minimum percentage requirement is specified; all graduates are eligible to apply
Working professionals are also eligible to apply for the online mode

Admission Process

Visit the official IAER admission portal at admission.iaer.ac.in
Create a login using a valid email ID and password
Fill in the online application form and select the programme and mode (online/offline)
Upload required documents (academic marksheets, certificates, Aadhaar card, photographs)
Receive selection intimation via email within two weeks of document submission
Pay the programme fee online using Internet Banking, Credit/Debit Card, or EMI option

IAER PGDBF Scholarships 2026

The PGDBF programme at IAER does not have a specific ICET scholarship listed in the current 2026 fee structure. However, students may be eligible for government scholarships based on their category and state of domicile. Students are advised to enquire directly with the IAER admissions office regarding any available fee concessions or scholarship options for the PGDBF programme.

Available Scholarships

Scholarship	Eligibility	Amount	Remarks
Government of India National Scholarship	As per NSP eligibility criteria	Varies	Apply at scholarships.gov.in
WB Aikyashree Scholarship	Minority community students from West Bengal	Varies	Apply at wbmdfcscholarship.org
WB Oasis Scholarship	SC/ST/OBC students from West Bengal	Varies	Apply at oasis.gov.in
0% Interest EMI	All students	Fee split into instalments	Available for both online and offline modes

Students should enquire directly with IAER admissions office for any institutional fee concessions for PGDBF.
Government scholarships can be applied for independently through the respective portals.
The 0% interest EMI option effectively reduces the financial burden of upfront fee payment.

IAER PGDBF Placement 2026

The PGDBF programme at IAER facilitates placement of candidates in banks, financial institutions, insurance companies, NBFCs, and corporate finance departments. The institute's placement division actively collaborates with faculty and students for campus recruitment. Key recruiters for PGDBF graduates include Axis Bank, IndusInd Bank, ICICI Securities, IIFL, Franklin Templeton, Capital First, SBI Life Insurance, Bank of Baroda, Karur Vysya Bank, TCS, KPMG, and Deloitte India. Graduates can pursue careers in wealth management, portfolio management, mutual funds, financial analysis, compliance, and investment banking.

Placement Details

Placement Metric	Details
Key Sectors	Banking, NBFCs, Insurance, Investment Firms, Corporate Finance
Top Recruiters	Axis Bank, IndusInd Bank, ICICI Securities, IIFL, Franklin Templeton, SBI Life, KPMG, Deloitte
Career Roles	Wealth Manager, Financial Analyst, Relationship Manager, Credit Analyst, Investment Advisor

Note: Course-specific placement statistics for PGDBF are not separately published by IAER.

IAER PGDBF FAQs

Ques. What is the difference between the online and offline modes of PGDBF at IAER?

Ans. The offline/campus mode (INR 1,98,000) requires students to attend classes in person at IAER's Newtown campus, Kolkata. The online mode (INR 1,48,000) allows students to attend classes via webinars and access recorded lectures remotely. Both modes lead to the same MAKAUT PG Diploma certificate. The online mode is suitable for working professionals or students who cannot relocate to Kolkata.

Ques. Is the PGDBF from IAER a recognised qualification for banking jobs?

Ans. Yes, the PGDBF from IAER is awarded by MAKAUT (Maulana Abul Kalam Azad University of Technology), a UGC-recognised state university. The diploma is recognised for employment purposes in the banking and financial services sector. However, for government bank jobs (PSU banks), candidates typically need to clear IBPS or SBI exams separately, as those are competitive entrance-based recruitments.

Ques. What is the duration and structure of the PGDBF programme at IAER?

Ans. The PGDBF is a 1-year programme divided into 2 semesters. The first three semesters (taught component) cover Banking Theory, Banking Law, E-Banking, Development Banking, and Financial Services. The final semester involves industry training/internship based on the student's chosen specialisation. Students also undertake live projects in finance, marketing, and wealth management throughout the programme.

Ques. Can working professionals apply for PGDBF at IAER?

Ans. Yes, working professionals can apply for the PGDBF programme, particularly through the online mode which offers flexibility in terms of attendance. The online mode allows students to access recorded lectures and attend weekend webinars, making it suitable for those who are employed. The eligibility requirement is simply a graduation degree in any stream.

Ques. What career paths are available after PGDBF from IAER?

Ans. PGDBF graduates can pursue careers in wealth management, portfolio management, mutual funds, financial analysis, investment banking, credit analysis, and compliance. Key recruiters include Axis Bank, IndusInd Bank, ICICI Securities, IIFL, Franklin Templeton, SBI Life Insurance, KPMG, and Deloitte India. Graduates can also pursue further certifications such as CFA, CFP, or NISM certifications to enhance their career prospects.

Ques. Is there an entrance exam required for PGDBF admission at IAER?

Ans. No specific entrance exam is required for PGDBF admission at IAER. The selection is merit-based, considering the candidate's graduation marks. Any graduate from a recognised university is eligible to apply directly through the IAER online admission portal. The admission process involves document verification and selection intimation via email within two weeks of application submission.