Top Banking Courses After Graduation in India

Check here the top banking courses after graduation in India. Know the eligibility criteria, fees, duration, job roles, etc.

Top Banking courses after graduation

Banking courses after graduation can help students interested in finance, investment and risk management build a strong start for their career in public and private sectors. Various banking courses are available in India, including certifications, diploma courses, postgraduate programmes as well as online and distance certifications. Graduates from any stream can take up banking courses. Such courses equip the students with practical baking knowledge, financial analysis expertise and customer handling skills.

Some of the popular banking courses in India include the Certified Financial Analyst (CFA) program, Certified Financial Planner (CFP), PG Diploma in Banking and Finance, MBA in Finance, Postgraduate Program in Banking, etc.

Students looking to build a career in retail banking, wealth management, investment banking, etc., must have a good understanding of credit assessment, financial risk management, analysis, etc. In this highly competitive world, recruiters are seeking professionals who have a long term strategic view and know how to leverage technology for banking tasks. Read the article below to know the top banking courses after graduation in India.

Why Opt for Banking Courses After Graduation?

Here is why one should opt for banking courses after graduation:

Career Resilience: Banking is known to be one of the most vigorous and robust fields globally. Students, who have the knowledge and expertise in risk management, credit analysis and compliance, have the opportunity to flourish in the industry. Hence, a career in banking can be future proof and reliable.

Competitive Salary: Skilled professionals have the option to land some of the top jobs in the best banking firms in India. Entry level roles in the banking sector offer handsome salaries and competitive pay.

Diverse Career Options: The banking industry accommodates wide range of interests and skills, enabling professionals to excel in their preferred niche. Students can choose a career in fields such as retail banking, investment banking, risk management, wealth management, financial analysis, etc.

Skill Enhancement: The updated and latest banking curriculum includes digital banking, financial analytics, industry projects, etc., which equips the students with the knowledge and skills required for staying ahead in a technologically advanced world.

Types of Banking Courses After Graduation

Take a look below to know the best banking courses after graduation:

Short Term Certifications in Banking

As the name indicates, these a banking courses of shorter duration which are made to impart the required banking knowledge and skills in individuals. These courses are best suited for working professionals looking to upskill or recent graduates who are looking to enter the banking sector in early stages. Some of the best short term certifications in banking are:

Certificate in Retail Banking:  Retail Banking is that branch of banking sector where the banks directly deals with the customers or the public. The services include sanctioning loans, giving financial advice, helping with risk management, making transactions, etc. The Certificate in Retail Banking course is a three month duration course which includes training, mock interviews, personality development, etc.

To be eligible to pursue the certification, the students should be a graduate from a recognized university and should have secured a minimum of 50% aggregate in graduation. Generally, the age limit is 26 years.

After the completion of the course, students get the opportunity to interview at the top banks in the country. Some of the top banks such as ICICI, HDFC, Yes Bank, etc. offer the course.

Certificate in Investment Banking: The Certificate in Investment Banking course is an online course, where the duration can range from three months to six months at different institutes. The focus of the course is to address the intricacies in security operations, asset and wealth management, risk management, financial markets, etc. It is a learning pathway designed to give practical knowledge and build skills required in the investment banking market. Students get to learn to apply investment strategies and opportunities, acquire skills for successful mergers and acquisitions. The course focuses on:

• Investment Banking Basics
• Financial Statement Analysis
• Asset Class Valuations
• Corporate Actions and Restructuring
• IPO, Listing, Fund Raising
• Mergers and Acquisitions
• Leverage Buyouts (LBO)

Certified Banking Operation Program: It is a professional training programme which equips the students with skills and knowledge required for different roles in the banking industry. Thre course covers varied banking operations such as fundamentals of banking, financial products, account management, customer service, regulatory compliance, etc. The duration of the course is three months and is ideal for those students who are looking to start a career in banking or enhance their current skills in the banking sector. Some of the important topics of the syllabus include:

• Introduction to Banking
• Banking and Financial Services
• Banking Operations and Customer Service
• Banking Regulations and Compliance
• Digital and Electronic Banking
• Credit Management and Loan Processing

Postgraduate Banking Courses

MBA in Finance

The Master of Business Administration is one of the most sought after courses in the country. Finance as a specialization is opted by many who wish to build a career in banking and finance sectors. It is two year degree programme for students who wish to further their expertise in financial management and analysis.

Admission to MBA in Finance are based on scores of entrance exams such as CAT, XAT, MAT, CMAT, SNAP, etc. The course fee for MBA in Finance ranges between INR 4 lakh to INR 10 lakh.

Students who hold a bachelor’s degree from a recognized university and have secured a minimum of 50% aggregate are eligible to apply for MBA in Finance. Most institutes accept MBA entrance exam score, while some also offer admission based on merit.

Some of the top recruiters who hire MBA in Finance graduates include KPMG, Deloitte, Capgemini, HDFC Bank, HSBC, ICICI Bank, JP Morgan, Deutsche Bank, etc.

Top B-Schools in India offering MBA in Finance are IIM Lucknow, NMIMS, NIT, XLRI, IIM Raipur, IIT Delhi, IIT Madras, IIM Calcutta, IIM Kozhikode, etc.

MCom in Banking and Finance

Another popular course for the banking and finance industry after graduation is MCom in Banking and Finance. The course is also a two year postgraduate degree with a focus on Banking, Finance, Banking Law and Financial Management. Graduates with a minimum of 50% aggregate can apply for the programme.

Students can opt for both entrance based and merit based admission to the course. Top colleges offering MCom in Banking and Finance include Delhi University, St. Xaviers College, NMIMS, MCC, Lady Sri Ram College of Commerce, Loyola College, Christ University, etc.

MCom in Banking and Finance is a reputed degree as it offers endless career opportunities in banking, finance, insurance, broking and management. Students have the option to work in corporate, government sectors, and financial markets. Students also stand a chance to work globally and in international spheres. The annual course fee ranges between INR 2 Lakh to INR 5 lakh.

PGDM in Banking and Finance

The PG Diploma in Banking and Finance is offered to graduates by some of the top colleges in India such as Symbiosis International University, NIBM, BSE Institute Limited, Manipal University, NMIMS University, Savitribai Phule Pune University, etc. The programme focuses on preparing management aspirants for the BFSI sector. It prepares them with the understanding of banking operations, financial systems, investment management and strategic decision making.

The duration of the course is two years and focuses on making the graduates experts in the financial and banking sectors. The PGDM in Banking and Finance curriculum provides an in depth knowledge to meet the growing demand of the industry for good performance by the middle level executive. The admission to this course is done through entrance exams as well as merit. Various colleges offering PGDM in Banking and Finance accept scores of entrance exams such as CAT, XAT, NMAT, SNAP, etc. The average course fee ranges between INR 5,000 to INR 4 lakh.

Also Read: MBA vs PGDM: Difference between the two

Chartered Financial Analyst Program: Known to be one of the most difficult and rigorous finance courses in the world, the Chartered Financial Analyst Program or the CFA course is a professional finance course offered by the CFA Institute. The programme offers the CFA charter to finance and investment professionals on completion. The course is best suited for students who rare to contribute in the Banking and CA sector. The programme prepare the students for various top tier roles in the finance sector.

CFA course is a well known and highly prestigious accreditation in finance. For pursuing this course, students need to pass the three levels of the CFA exam. It takes about 3 to 4 years to complete the course and fee ranges between INR 2.5 lakh to INR 4 lakh. Students should pass Class 12 or be in final year of graduation to be eligible. Also, they should pass CFA exam (Level 1, 2 and 3) and have 4,000 hours or a minimum of 3 years of work experience.

After completing CFA course, students can opt for jobs in sectors such as corporate banking, equity, risk management, research, etc. Some of the top recruiters include Deloitte, ICICI, SBI, HSBC Bank, Bharti Airtel, etc.

Also Read:

• CFA vs CFP
• CFA vs MBA: Which is Better?

Financial Risk Management

FRM or the Financial Risk Management course is a finance course which take about 12 to 18 months to complete. The course is divided into two parts and students need to complete both, to gain the FRM certificate. The cost of the FRM course is between the ranges of INR 2 lakh to INR 3 lakh. The FRM certification is globally recognized finance course and is offered by the Global Association of Risk Professionals, GARP. It is recognized as the standard of expertise in financial risk management worldwide.

Students looking to build a career in risk management, finance and banking, FRM course is a lucrative option for them. The students who have a bachelors degree or are in the final year of their UG course can apply for the certification. Students should also have two years of relevant work experience within 5 years of their learning journey. Firms such as PwC, ICBC, JP Morgan Chase, Hedge Funds, etc. hire FRM graduates.

Also Read: How to Become Certified Financial Risk Manager

Career Scope After Banking Courses

Pursuing a banking course after graduation will open up a plethora of career opportunities across sectors such as banking, finance, investment, insurance, etc. Students have the option of entry level as well as advanced level roles in the job market. Take a look at the table below to know the career scope after banking courses in India along with average salary: