Postgraduate Diploma in Banking and Finance is a diploma course of two years. The course is designed to meet the demands of highly qualified manpower in the Banking and Finance Sector. It provides in-depth knowledge and understanding to the students so as to meet the demand for effective performance by the middle-level executive.
The aspirants who wish to pursue PGD in Banking and Finance should possess an undergraduate degree in the same field or an equivalent discipline from any recognised institute of the country. Check MBA Full Form
The admissions to the course take place through an Entrance Exam which is followed by a Personal Interview and a Group Discussions. These are national level entrance exams like CAT/MAT. However, admissions in some colleges even take place on a merit basis.
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The admission process usually takes place in the month of November. The applications for the same can be made both through an online or an offline mode. The average course fee of PGD Banking and Finance ranges between INR 5,000 - 4 lacs.
Successful graduates of this program are eligible to work in Institutes of Finance, Banking and Insurance, Reserve Bank of India, Government organisations, etc. as a Banking Manager, Marketing Manager, Financial Manager, Financial Advisor, etc. The average initial salary ranges between INR 3-7 lacs (approx.)
Alternative Career Options:
PGD in Banking and Finance Course Highlights
The course highlights of PGD Banking and Finance have been listed below. The table includes all the necessary information a student must have about the subject:
| Course Level | Post Graduate |
| Full-Form | Post Graduate Diploma in Banking and Finance |
| Duration | 1-2 years |
| Examination Type | Semester based |
| Eligibility | Bachelor's degree in any discipline with a minimum of 50% score from a recognized university |
| Admission Process | Entrance based followed by Personal Interview and Group Discussion |
| Average Course Fee | INR 5,000 - 4 lacs |
| Job Positions | Teacher, Lecturer, Bank Manager, Accountant and much more. |
| Top Recruiters | Colleges, Universities, Banks, Government Organisation, etc. |
| Average Initial Salary | INR 3-7 lacs (approx.) |
Why Study PGD in Banking and Finance?
There are a number of reasons for the students to choose this subject field to build their career in. However, some advantages of the subject have been mentioned below:
- It provides the students with specialised knowledge about the Banking and Finance sectors.
- It provides in-depth knowledge and understanding to the students so as to meet the demand for effective performance by the middle-level executive.
- The subject teaches Banking, it's important fundamentals and other aspects related to baking and finance.
- Successful graduates can opt for lucrative job opportunities in areas such as Colleges, Universities, Banks, Government Organisation, etc.
- The program also aims at insulating in the students the skills required for customer orientation and hands-on application skills which are necessary to get worthy jobs with minimal training about bank levels.
- The study aims to bring reforms to the banking sector of any nation.
Career Guide:
PGD in Banking and Finance 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:
- Admissions to the PGD Banking and Finance program entirely depend on the performance of a candidate in the national level entrance exams.
- TKWs BAT, CAT, MAT are some of the entrance exams that take place across the country for admissions to this course.
- The entrance exam is then followed by rounds of personal interviews and group discussions.
- Aspiring students can apply for the course either through an online or offline mode.
- The admission process usually begins in the month of September.
- On successful registration, the candidate might be reached by the college authorities to visit the college in person so as to submit the necessary documents for the further processes.
- After the registrations, the cut-off marks are set up by the college for the entrance tests.
- Only the students who qualify the entrance exam will be offered admission.
PGD in Banking and Finance Eligibility
Matching the eligibility criteria is a prerequisite for admissions to any course or program. The eligibility criteria for PGD Banking and Finance has been mentioned below:
- The aspirants must possess a bachelor's degree in the same field or equivalent discipline from any recognised institute or university.
- They must have scored a minimum of 55% aggregate in their qualifying exam of the undergraduate degree.
- Only those students are eligible for the course who manage to clear the cut off set for the entrance exam.
- The candidates must also perform well in the personal interview and group discussions as these marks are added to the marks of the written test.
PGD in Banking and Finance Entrance Exam
Most of the colleges offering this course have an entrance based admission to the program. The entrance exams are generally national level exams. Some basic tips have been presented below for the students to register themselves for the same:
- The aspiring candidates need to register themselves on the official website and provide the necessary personal details.
- Fill the online application form available there.
- The candidate must appear for the exam on the prescribed date only.
- The admit cards are issued 1 month prior.
- Results are announced as per the marks scored by the candidate in the entrance exam along with their performance in the personal interview and group discussions.
- After the results are out, counselling sessions are held for further admission process.
Admissions to PGD Banking and Finance in most universities are conducted on the basis of an entrance exam. The most popular exams have been listed below:
- CAT: The Common Aptitude Test or CAT is an exam compulsorily conducted for the MBA aspirants for admissions to IIMs, FMS, IIT, etc. However, these scores are even considered for admissions to PGD Banking and Finance.
- MAT: Management Aptitude Test is conducted by AIMA for admissions to MBA/PGDM courses. The scores are considered for PGD Banking and Finance admissions also.
Some important dates have been mentioned below:
| Entrance Exam | Registration Deadlines | Exam Dates |
|---|---|---|
| CAT | August 3 – September 21, 2023 | November 26, 2023 |
| NMAT | August 1 – October 12, 2023 | October 10 – December 19, 2023 |
| SNAP | August 23 – November 23, 2023 |
Test 1: December 10, 2023 Test 2: December 17, 2023 Test 3: December 22, 2023 |
| XAT | July 15 – November 30, 2023 | January 7, 2024 |
How to prepare for PGD Banking and Finance Entrance Exams?
The students who wish to clear the cut off marks set up for the entrance exams then they should start working hard enough to achieve it. Certain tips have been given below for the students to refer to while sitting and preparing for the entrances:
- Be aware of the latest exam pattern which will make it easy to prepare well for the exam.
- Be clear about the latest syllabus of the exam which is a prerequisite for the same. The syllabus is usually found on the official websites.
- Be ready for any type of questions. Prepare well to answer any type of questions in the exam.
- Make newspaper reading your daily habit to stay updated about the happenings around the world.
- Sit for mock tests before the actual exam.
- Revise thoroughly all the prepared topics until the final moment.
- Do not go for new topics a day before the exam.
How to get admission in a Top College offering PGD in Banking and Finance?
If you wish to get admitted to a top-notch college offering PGD Banking and Finance then start preparing hard to achieve it. Some guidelines have been mentioned below which must be followed by the students:
- Entrance to a good college required a strong academic background with good marks in the qualifying exam of undergraduate level.
- They should have obtained at least 55% marks in their undergraduate qualifying exam.
- The candidates must start preparing for the entrance exam a year before the actual conduct of the exam.
- Once the candidate manages to clear the cut off marks, they must then prepare themselves for the personal interview and group discussions round.
- Find out whether the college you desire to get into is good enough or not.
- Get an idea of the placements offered by the college which is a necessity in recent times.
- Do check the fees structure of the college to ensure if it matches your requirements or not.
PGD in Banking and Finance Syllabus
After getting admission to PGD in Banking and Finance program, candidates are required to study the subjects mentioned below. The details of subjects that students have to study while pursuing this program are provided in the table below:
| Semester I | Semester II |
|---|---|
| Principles and Practices of Management | Financial Management |
| Management Accounting | Management Information System and Technology in Banking |
| Managerial Economics | Leadership and Personality Development |
| Banking and Financial System of India | Banking and Finance of the World |
| Banking Services Marketing | Research Methodology & Statistical Methods |
| Regulations and Laws in Banking | Markets and Finance Institutes |
| Semester III | Semester IV |
| Capital Market | Macro Economics |
| Accounting System and Financial Analysis | Micro Financing |
| Management of Bank | Risk Management |
| Security Analysis and Portfolio Management | Rural and Co-operative Banking |
| Bank Lending Policies and Procedures | Project |
| Project and Infrastructure Financing | NA |
Books are the most essential part of a course or study. There are many excellent books written for Banking and Finance. Some of the most referred books by the students have been mentioned below along with the names of the authors:
| Name of the Book | Name of the Author |
|---|---|
| Banking and Finance | Arun Arora |
| A dictionary of Finance and Banking by Oxford | Jonathon Law |
| Money Banking, International Trade & Public Finance | Dr M.L. Seth |
| Financial Management Essentials You Always Wanted to Know | Kalpesh Ashar |
These are only some of the well-known books that are referred to by the students. However, they can find many more such books which might increase their knowledge of the subject and would also be helpful for them in their further career.
PGD in Banking and Finance Top Colleges
The top colleges that are currently providing the course of PGD Banking and Finance have been listed below in a detailed manner :
| Name of the Institute | Area of Location | Average Course Fee |
|---|---|---|
| Savitribai Phule Pune University | Pune | INR 5,850 |
| Manipal University | Manipal | INR 4 lacs (approx.) |
| Marathwada Mitra Mandal College of Commerce | Pune | INR 10,500 |
| Institute of Banking and Finance | Delhi | INR 2,25,000 |
| NMIMS University | Mumbai | INR 41,500 |
| Dr.B.R. Ambedkar Open University | Hyderabad | INR 32,000 |
| Symbiosis School of Banking and Finance | Pune | INR 50,000 |
| Symbiosis Centre for Distance Learning | Pune | INR 30,000 |
| AIMIT | Mangalore | INR 2,60,000 |
| Integral Institute of Advanced Management | Visakhapatnam | INR 1,60,000 |
| ISBM | Bangalore | INR 4,45,000 |
| K J Somaiya Institute of Management | Mumbai | INR 8,98,000 |
| VVISM | Hyderabad | INR 3,70,000 |
PGD Banking and Finance: College Comparison
A comparison has been done among the top three institutes in India that are currently providing the program of PGD Banking and Finance. Since it shows the various aspects of different colleges, this comparison table would help the students to decide which college would be more suitable for them.
| Comparison Parameters | Savitribai Phule Pune University | Institute of Banking and Finance | Symbiosis School of Banking and Finance |
|---|---|---|---|
| Overview | Established in 1949 under the Poona University Act, this is one of the best institutes located in India which is ranked 10th by the NIRF. | It is a private university established in 2010 and is the best institute of Banking and Finance by Brand Academy. | Established in 2010 to provide students with education about Banking and Finance and also has a state of the art infrastructure. |
| Area of Location | Pune | New Delhi | Pune |
| Admission Process | Entrance based | Entrance based | Entrance based |
| Average Course Fee | INR 5,850 | INR 2,25,000 | INR 50,000 |
| Average Initial Salary | INR 2-4 lacs (approx.) | INR 5-7 lacs (approx.) | INR 3-6 lacs (approx.) |
This comparison helps the student to decide as to which college would be the best for them. These are among the top colleges across the country providing an excellent level of education about PGD Banking and Finance. These colleges are also amongst the most desired and chosen ones by the students across the country interested in this field.
PGD in Banking and Finance Course Comparisons
A course comparison of two related courses has been given below so as to help the students be clear about which subject they should opt for. Different aspects of both the subjects have been discussed and mentioned below for the reference of the students:
PGD Banking and Finance vs PGD Banking
| Comparison Parameters | PGD Banking and Finance | PGD Banking |
|---|---|---|
| Overview | Postgraduate Diploma in Banking and Finance is a diploma course of one year. The course is designed to meet the demands of highly qualified manpower in the Banking and Finance Sector. | This is a postgraduate level diploma course for the students who aspire to pursue their career in the banking program and want to gain knowledge about the fundamentals of banking. |
| Average Course Fee | INR 5,000 - 4 lacs | INR 5,000 - 1 lacs |
| Job Positions | Teacher, Lecturer, Bank Manager, Accountant and much more. | Lecturer, Banking Manager, Marketing Manager, Financial Advisor, etc. |
| Top Recruiters | Colleges, Universities, Banks, Government Organisation, etc. | Reserve Bank of India, Institute of Finance Banking and Insurance, Government organizations, etc. |
| Average Initial Salary | INR 3-7 lacs (approx.) | INR 3-8 lacs (approx.) |
The above comparison has been done between two very closely related subjects which are often chosen by the students to build their bright future. Both the subjects are incredible in their one way but this differentiation will help the students to decide as to which would be more feasible for them in terms of all the aspects mentioned above.
PGD in Banking and Finance Scope
The Banking and Finance sector is growing at an unprecedented rate and so the demand for the professionals of this course. A specialist in his field has a wide range of opportunities laid before them in terms of employment.
Due to an increased demand for this field, it is a land of opportunities for the graduates to invest their precious knowledge of the subject in this field. In India, the field of banking and finance is growing at a fast pace and so the need for specialists in this field like Bank Manager, Accountant, Financial Manager, Financial Analyst, etc.
Apart from the jobs in the government sector, they can opt for private-sector jobs. They can apply for jobs in reputed areas such as The Reserve Bank of India, NMIMS University, Income Tax Department, Banks, Government Institutions, etc. The average initial salary of these professionals ranges between INR 3-7 lacs (approx.). The study aims to bring reforms to the banking sector of any nation.
Therefore, it can be concluded by stating that choosing a career in Banking and Finance will never go out of trend as this has been amongst the most demanded courses in India in recent times.
PGD in Banking and Finance Jobs
The successful graduates of the course are eligible to find worthy job opportunities in the field of Banking and Finance. This program provides in-depth knowledge about Banking and Finance. Being a job-oriented course, it provides lucrative job opportunities to the students who excel in this field. The subject enhances a student's logical, analytical and verbal skills which further help them in personal development also.
On completion of the course, the students can go for jobs in positions such as a Teacher, Lecturer, Bank Manager, Accountant, Financial Manager, Financial Analyst, etc. They can find jobs in reputed areas such as The Reserve Bank of India, NMIMS University, Income Tax Department, Banks, Government Institutions, etc. The average initial salary of these professionals ranges between INR 3-7 lacs (approx.)
| Job Profiles | Job Description | Average Salary |
|---|---|---|
| Financial Manager | The work of a Financial Manager involves the management of operations related to Finance in any firm or an organisation. | INR 4-7 lacs (approx.) |
| Teacher/ Lecturer | They teach at reputed colleges or universities to share their knowledge of the particular subject to the students admitted to that course. | INR 3-6 lacs (approx.) |
| Accountant | They are the ones involved in the preparations and checking of the financial records of an organisation. | INR 5-7 lacs (approx.) |
| Bank Manager | They handle and work upon all the necessary operations of a Bank. They even manage all the events of a bank. | INR 5-7 lacs (approx.) |
These are some of the most sorted and chosen job profiles by the professionals of this course. However, they can even opt for another job profile in the same field.
PGD in Banking and Finance FAQ
Ques. What is PGD Banking and Finance?
Ans. Postgraduate Diploma in Banking and Finance is a diploma course of one year. The course is designed to meet the demands of highly qualified manpower in the Banking and Finance Sector.
Ques. What subjects are taught in PGD Banking and Finance?
Ans. Some of the most important subjects taught in the course include Management Accounting, Management Information System and Technology in Banking, Security Analysis and Portfolio Management, Rural and Cooperative Banking, etc.
Ques. What is the eligibility criteria for PGD Banking and Finance?
Ans. The basic eligibility criteria for PGD Banking and Finance requires a bachelor's degree in the same field or any relevant field from a recognised institute.
Ques. What are the Entrance Exams conducted for admissions to PGD Banking and Finance?
Ans. The most important exams conducted are MAT and CAT.
Ques. What are the job profiles where one can opt for employment after completion of course?
Ans. The most popular job profiles include Teacher, Lecturer, Bank Manager, Accountant, Financial Manager, Financial Analyst, etc.
Ques. What is the average course fee for PGD Banking and Finance?
Ans. The average course fee ranges between
INR 5,000-4 lacs.
Ques. Is PGD Banking and Finance a good course to choose?
Ans. The Banking and Finance sector is growing at an unprecedented rate and so the demand for the professionals of this course. A specialist in his field has a wide range of opportunities laid before them in terms of employment. This shows that it is a good course to choose from.
Ques. What is the average initial salary for the professionals of this course?
Ans. The average initial salary of these professionals ranges between INR 3-7 lacs (approx.).
Ques. Which is the most related course to PGD Banking and Finance?
Ans. PGD Banking is the most closely related to PGD Banking and Finance.
Ques. Where can the professionals opt for employment opportunities?
Ans. Successful graduates can opt for lucrative job opportunities in areas such as Colleges, Universities, Banks, Government Organisation, etc.
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