TISS Mumbai PG Diploma Banking, Financial Markets & Insurance: Fees 2026, Course Duration, Dates, Eligibility

Govandi, MumbaiDeemed to be UniversityEstd 1936NAAC Grade A+ 3.3
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Collegedunia Team

Content Curator | Updated on - Apr 8, 2026

The Post Graduate Diploma in Banking, Financial Markets & Insurance (PGDBFMI) is a one-year full-time postgraduate diploma programme designed for graduates seeking expertise in banking, financial markets, and insurance sectors. Offered by TISS's School of Skill Education (SVE), this programme combines classroom instruction, practical training, and industry insights to develop competent banking and finance professionals. The total fees for the programme is Rs 96,000 per annum, with skill training comprising 50-60% of the curriculum (600-720 hours per year). The programme is delivered on the TISS Mumbai campus with a focus on practical application and industry-relevant skills. This programme is particularly popular among graduates seeking careers in banking, financial services, insurance, investment banking, and related sectors in India's rapidly growing BFSI industry.

Admissions for the January 2026 batch (Academic Year 2026-27) are currently open. The last date for online application submission is 30th January 2026. Verification of uploaded documents and confirmation of programme and location will be completed within one week of application submission. Payment of the first instalment fee of Rs 5,000 must be made within one week of confirmation. The completion of admission formalities is scheduled for 4th February 2026, with the programme commencing on 16th February 2026. This timeline provides opportunity for graduates to apply and prepare for the programme.

Key Points:

  • Comprehensive one-year curriculum covering banking operations, financial markets, insurance services, and financial analysis
  • Skill training component comprising 50-60% of the programme (600-720 hours per year) with industry-relevant practical training
  • Collaboration with industry knowledge partners including CAMS, Thinkly Media Services, Startek, and Prosecure Investment Consultant
  • Practical focus on banking operations, retail banking, corporate banking, financial markets, and insurance services
  • Designed for graduates seeking careers in banking, financial services, insurance, and investment sectors
  • Access to TISS's extensive alumni network and cross-disciplinary academic resources

TISS PGDBFMI Fees

The total programme fee for PGDBFMI is Rs 96,000 per annum, payable in quarterly or bi-annual/semester-wise instalments. The fee structure includes tuition fees, examination charges, and other institutional charges. The programme requires a refundable caution deposit of Rs 5,000 at the time of admission. Examination fees are Rs 2,500 per semester and Rs 5,000 per annum. All fees are payable through online payment portal. The institute reserves the right to revise the fee structure if necessary.

Fee Components

Fee ComponentAmount (Rs)
Programme Fee (Per Annum)96,000
Examination Fee (Per Semester)2,500
Examination Fee (Per Annum)5,000
Caution Deposit (Refundable)5,000
Total Annual Fee1,01,000
  • Caution deposit is refundable upon exit from the programme.
  • Examination fees are charged separately per semester.
  • All fees must be deposited through online payment portal.
  • Fee payment options include quarterly or bi-annual/semester-wise payment schedules.

TISS PGDBFMI Admission 2026

The PGDBFMI programme follows a merit-based selection process designed to identify graduates with strong potential for banking and finance careers. Admissions are conducted for the January batch (Academic Year 2026-27), with applications currently being accepted. The selection process includes document verification and confirmation of programme eligibility. Selected candidates must complete the admission procedure by the specified deadline to secure their seat. Provisional admission is granted until all mandatory documents are submitted, verified, and approved.

Important Dates

EventDate
Online registration announcement31st October 2025
Last date for application submission30th January 2026
Document verification and confirmationWithin one week of application
First instalment payment deadlineWithin one week of confirmation
Completion of admission formalities4th February 2026
Programme commencement16th February 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

  • Bachelor's degree (graduation) from a recognised university in any discipline
  • Candidates appearing for final HSC/equivalent examination or those awaiting results can also apply provided they meet eligibility criteria and upload necessary documents at admission
  • The 10+2 or equivalent examination should have been conducted before the course commencement date
  • Medium of instruction is English

Admission Process:

  • Online application submission through TISS SVE portal
  • Submission of academic credentials and supporting documents
  • Document verification and confirmation of programme and location
  • Payment of first instalment fee (Rs 5,000)
  • Completion of admission formalities

TISS PGDBFMI Scholarships 2026

TISS offers various financial support options for eligible students pursuing postgraduate programmes. Interested candidates should contact the TISS SVE admissions office or visit the official website for current scholarship opportunities, eligibility criteria, and application procedures. Financial aid and student loan support resources are available to help deserving candidates pursue their education at TISS.

TISS PGDBFMI Placement 2026

The PGDBFMI programme has demonstrated strong placement outcomes with graduates securing positions across diverse banking and finance sectors. Based on available data from TISS SVE programmes, graduates typically transition into roles such as business analysts, loan counsellors, investment bankers, finance managers, equity research analysts, market analysts, and personal financial advisors. The TISS brand and extensive alumni network significantly enhance placement prospects, with many graduates securing positions in leading organisations. The programme's emphasis on practical skills, industry training, and banking operations equips graduates with a strong portfolio for securing placements in leading banking institutions, financial services companies, insurance firms, and investment firms. Many graduates also pursue independent consulting or establish financial advisory practices.

Placement Roles

Roles
business analysts
loan counsellors
investment bankers
finance managers
equity research analysts
market analysts
personal financial advisors

TISS Mumbai PG Diploma Banking, Financial Markets & Insurance Ranking

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TISS PGDBFMI FAQs

Q1: What is the difference between PGDBFMI and a full-time MBA in Finance?

Ans. PGDBFMI is specifically designed for graduates seeking to formalise and advance their expertise in banking, financial markets, and insurance with a strong practical and skill-based focus. Unlike a full-time MBA which covers broad business functions, PGDBFMI provides deep specialisation in BFSI sector operations. The programme emphasises practical skill training (50-60% of curriculum) and industry collaboration, making it ideal for those seeking immediate employment in banking and finance roles rather than general management.

Q2: Is this programme suitable for someone without finance background?

Ans. Yes, absolutely. The programme is designed for graduates from any discipline. The curriculum includes foundational courses in banking operations, financial markets, and insurance services to ensure all participants develop comprehensive understanding regardless of their prior background. The skill training component (600-720 hours per year) provides hands-on practical experience in banking and finance operations, making it accessible to graduates from diverse educational backgrounds.

Q3: How does the skill training component work?

Ans. The skill training component comprises 50-60% of the programme (600-720 hours per year) and is delivered through collaboration with industry knowledge partners including CAMS, Thinkly Media Services, Startek, and Prosecure Investment Consultant. This ensures students receive practical, industry-relevant training in banking operations, financial transactions, customer service, and financial analysis alongside theoretical coursework.

Q4: What kind of organisations recruit PGDBFMI graduates?

Ans. Graduates are recruited by corporate banks, financial services companies, insurance firms, investment banks, and financial advisory firms. Top recruiters include major banks, insurance companies, financial services providers, and investment firms. Many graduates also establish themselves as independent financial advisors or take up roles in banking operations, customer service, and financial analysis in large organisations. The TISS alumni network and institutional reputation significantly aid placement across diverse BFSI sectors.

Q5: How practical is the curriculum with real-world application?

Ans. The curriculum is highly practical with significant emphasis on real-world application. The programme includes 50-60% skill training (600-720 hours per year) delivered through industry partnerships, practical workshops, and case studies based on banking and finance industry practices. Students learn about contemporary banking issues including retail banking operations, corporate banking, financial markets, and insurance services through real organisational examples and scenarios.

Q6: What career progression is possible after completing PGDBFMI?

Ans. Graduates can pursue diverse career paths including business analyst roles in banks, loan counsellor positions, investment banker roles, finance manager positions, equity research analyst roles, market analyst positions, and personal financial advisor roles. Many graduates also establish independent financial advisory practices or move into senior banking and finance management positions. The TISS qualification and specialised expertise in BFSI provide competitive advantage for career progression into strategic banking and finance leadership roles.

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