The Post Graduate Diploma in Management (PGDM) in Insurance & Banking at Gujarat University is a 1-year full-time postgraduate diploma program designed to equip professionals with specialized knowledge and practical skills in the banking and insurance sectors. Offered by the Department of Management Studies at BK School of Professional and Management Studies, this program focuses on contemporary issues in banking operations, insurance management, risk management, and financial services. The curriculum combines theoretical knowledge with practical case studies and industry interactions to prepare graduates for leadership roles in banking and insurance institutions. With a total fee of INR 20,000 for the entire 1-year program, it is one of the most affordable specialized management diplomas in India. The program is popular among graduates seeking quick entry into the banking and insurance sectors with specialized expertise.
Admissions for the PGDM (Insurance & Banking) program at Gujarat University are conducted through the Gujarat ACPC (Admission Committee for Professional Courses) system. The admission process is merit-based and requires a valid CMAT score or equivalent entrance exam qualification. The program typically opens for admissions in the academic year starting from June/July. Interested candidates should register through the GCAS (Gujarat Common Admission System) portal and participate in the counselling process. For the 2026-27 academic year, candidates are advised to check the official university website (gujaratuniversity.ac.in) and ACPC portal (gujacpc.admissions.nic.in) for the latest admission schedule and notification dates.
Key Points
- Specialized curriculum covering banking operations, insurance management, and financial services
- One-year intensive program allowing quick entry into banking and insurance sectors
- Practical case studies and industry interactions with leading financial institutions
- Affordable fees making it accessible to working professionals and fresh graduates
- Strong placement support through BK School's established industry connections
Gujarat University PGDM (Insurance & Banking) Fees
The PGDM (Insurance & Banking) program at Gujarat University offers highly affordable postgraduate education with a total program fee of INR 20,000 for the entire 1-year duration. This cost-effective structure makes specialized management education accessible to a wide range of students. The program fee covers tuition, academic materials, and access to university facilities. The affordability combined with the specialized curriculum makes it an attractive option for professionals seeking to transition into or advance within the banking and insurance sectors.
Fee Structure
| Fee Component | Total |
|---|
| Tuition Fees | 20,000 |
| Total Fees | 20,000 |
- All fees are in INR.
- Hostel fees are optional and charged separately.
- Payment is typically made at the time of admission.
- Candidates should verify current fee structure with BK School of Professional and Management Studies as fees may be subject to revision.
- No refundable security deposit information is specified in official sources.
Gujarat University PGDM (Insurance & Banking) Admission 2026
The admission process for PGDM (Insurance & Banking) at Gujarat University is merit-based and conducted through the centralized ACPC counselling system. Eligible candidates must have a valid CMAT score or equivalent entrance exam qualification. The university follows a transparent seat allocation process based on merit, category, and choice preferences. Candidates are required to participate in the GCAS counselling process and report to the college after seat allotment.
Important Dates
| Event | Timeline |
|---|
| CMAT Exam | January 2026 (Completed) |
| CMAT Result | February 2026 |
| ACPC Registration | June 2026 (Expected) |
| ACPC Counselling | June-July 2026 (Expected) |
| Seat Allotment | July 2026 (Expected) |
| Document Verification & Reporting | July-August 2026 (Expected) |
| Program Commencement | August 2026 (Expected) |
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Candidates must have completed a Bachelor's degree in any discipline from a recognized university with a minimum of 50% aggregate marks
- Valid CMAT score or equivalent entrance exam qualification (CAT, MAT, XAT, or GMAT) is mandatory for admission
- Work experience in banking, finance, or related sectors may be considered favorably during the selection process
Admission Process
- Register on the GCAS portal (gcas.gujgov.edu.in) during the registration window
- Fill the online application form with personal details and educational qualifications
- Submit required documents including mark sheets, degree certificates, and CMAT score card
- Participate in ACPC counselling and fill choice preferences for colleges and specializations
- Wait for seat allotment based on merit and preferences
- Report to BK School of Professional and Management Studies with original documents for verification
- Complete fee payment and finalize admission
Gujarat University PGDM (Insurance & Banking) Scholarships 2026
Gujarat University offers scholarship schemes for eligible students pursuing postgraduate programs. While specific scholarships for the PGDM program are limited, students may be eligible for general university scholarships based on merit and financial need. Additionally, some banks and insurance companies offer sponsorship or scholarship programs for students pursuing banking and insurance specializations. Students are encouraged to check with the university and BK School for available financial aid options.
Scholarship Details
| Scholarship Type | Eligibility | Benefits | Application Deadline |
|---|
| Merit-based Scholarship | High academic performance | Partial/Full Fee Waiver | As per university criteria |
| Need-based Scholarship | Financial hardship | Fee Waiver/Stipend | As per university notification |
| SC/ST Scholarship | SC/ST Category Students | Partial/Full Fee Waiver | As per university notification |
| Industry Sponsorship | Banking/Insurance background | Full/Partial Fee Waiver | As per company notification |
- Scholarship amounts and eligibility criteria are subject to change.
- Students must apply through the university or directly with BK School.
- Application deadlines vary by scholarship type and are announced by the university.
- Given the low program fee (INR 20,000), scholarships may not be widely available.
Gujarat University PGDM (Insurance & Banking) Placement 2026
BK School of Professional and Management Studies has a strong placement record with consistent industry engagement. For the PGDM (Insurance & Banking) program, the median salary package is approximately INR 8.55-8.75 LPA based on recent data. The placement cell actively engages with leading banks, insurance companies, and financial institutions for recruitment. Major recruiters include SBI, ICICI Bank, HDFC Bank, Axis Bank, and various insurance companies. The school conducts mock interviews, workshops, and training sessions to prepare students for the job market. With 85-90% placement rate, the program offers strong career prospects in the banking and insurance sectors.
Placement Statistics
| Placement Metric | Details |
|---|
| Median Salary Package | INR 8.55-8.75 LPA |
| Average Salary Package | INR 7-9 LPA (Estimated) |
| Placement Rate | 85-90% |
| Primary Sectors | Banking, Insurance, Financial Services |
| Typical Job Roles | Relationship Manager, Insurance Agent, Credit Officer, Operations Executive, Risk Analyst |
| Major Recruiters | SBI, ICICI Bank, HDFC Bank, Axis Bank, Insurance Companies |
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