Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses

There are 400+ Diploma in Banking and Insurance colleges in India. Among these, 205 colleges are privately owned, 53 are owned by public/government organizations, and public-private entities own 10 colleges. Students can secure admission after qualifying their Class 12 exams, and also some colleges may admit students based on entrance exams such as CAT, XAT, MAT, CMAT, etc. Some popular Diploma in Banking and Insurance colleges in India include SPJIMR Mumbai, FORE School of Management, Welingkar Mumbai, BIMTECH, National Institute of Bank Management, ISBR Business School, Great Lakes Institute of Management in Gurgaon, Amity University Online, Jagdish Sheth School of Management, and many others.

Hi,to determine the No. 1 Diploma in Banking and Insurance colleges in India, check the below table along with their total tuition fees:

It is estimated that joining Diploma in Banking, Finance and Insurance colleges in India can be affordable as most of the colleges have tuition fees of less than INR 1 lakh. Listed below are some of the colleges along with their fees:

Joining Diploma in Banking and Insurance colleges in India can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their fees and average placement package:

Applicants should be aware that each institute may have different requirements for eligibility. People who want to apply to colleges or universities must visit their official website. Colleges that accept CAT, GMAT, MAT, or XAT scores for admission include IMI, ISB, and IIMP. On the other hand, some institutions offer direct admission based on merit.

Actuarial Science is a specialised field that employs mathematical and statistical techniques to evaluate and control financial risks across various industries, with a focus on insurance and finance. Actuaries apply their expertise to assist companies in making well-informed choices related to investments, pricing strategies, and risk mitigation. Fresh graduates and experienced professionals are presented with a range of job opportunities in this field, encompassing diverse profiles.

Disclaimer: The above mentioned salaries has been taken from Ambitionbox; therefore it may vary in future.

For admission to UG diploma, candidates are granted admission on a merit basis. There are no entrance exams for admission. Some of the top institutes in India grants admission on the basis of entrance exams. Some of the entrance exams that candidates must appear for are XAT, CAT, CMAT, ATMA, MAH CET, GMAT,  and so forth. 

The table below shows the private best colleges offering Diploma in Finance in India along with their total tuition fees:

Check below the course-wise fee offered at Welingkar Mumbai: 

Note: This information is taken from official website/ sanctioning body and is subject to change.

The table below shows the government best colleges offering Diploma in Finance in India along with their total tuition fees:

Banking and finance institutes in India provide a wide range of specializations, including Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, and many more. The specializations offered by the number of colleges are displayed in the table below:

Banking refers to accepting and safeguarding the money owned by the entity or individuals.  Finance is a broad term that includes banking, money, capital market and so forth. Insurance is presented in a form of a policy in which an entity or individual receives financial reimbursement or protection against losses. Graduates with a Diploma in Banking, Finance, and Insurance can work in a variety of fields, including banking, insurance, and financial organizations. Banking associates, customer service representatives, insurance sales agents, and financial analysts are common examples of these occupations.

The below is the EMPI Business School PGDM fee:

SP Jain (SPJIMR) offers various scholarships to eligible students as financial assistance. Students are offered scholarship based on their merit and need. Students can apply for below scholarships offered at the institute:

• Merit cum means based 
• Mirae Assent Foundation Scholarship
• GMP Scholarship
• FPM Scholarship

The table below shows the placement package offered by top recruiters participated in top Diploma in Banking, Finance and Insurance colleges in India:

Such skills are advanced maths and stats, insurance regulation, predictive modeling, financial reporting etc. Other skills include Data Analysis & Software Proficiency, Proficiency in Excel (including VBA) and programming languages for data manipulation and visualization.

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Actuarial Science

Yes actuarial Science is one of the highest-paying careers in finance. It offers high job security and global recognition with certain credentials. Some of the top consulting firms, insurance companies, and financial services hire such professionals at impressive salaries in both India and abroad.

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Actuarial Science Course

Sri University Bhubaneswar is a private university accredited by NBA and with A Grade by NAAC. Sri University Bhubaneswar is approved by ICAR. Check the top highlights of SSU University below:

• Sri University has by ranked at the 429th position by the QS ranking 2026 under the Asian University Rankings - Southern Asia. 
• The the highest and median package recorded during SSU MBA placement 2025 was INR 15.5 LPA and 6.45 LPA.
• Top recruiters that have visited the university for placements are EY, Deloitte, KPMG,  and others.

Therefore, we can conclude that joining Sri University is worth it.

The course fee and eligibility for the FORE School of Management PGDM programme is as shown:

• The eligibility for the FORE School of Management PGDM programme is graduating with a minimum 3-year degree from a recognised university with minimum 50% aggregate scores.
• While the course fees are around INR 23.24 Lakhs for self-sponsored students and around INR 27.83 Lakhs for company-sponsored students.

BIMTECH offers PG and other courses to students. These courses are provided across the Management and various other streams. At the PG level, the Birla Institute of Management Technology offers a PGDM programme to students. 

Yes,  Vishwa Vishwani Institute of Systems and Management is ranked by various ranking bodies. Vishwa Vishwani Institute of Systems and Management rankings 2025 will be updated here once out. The below-mentioned are Vishwa Vishwani Institute of Systems And Management rankings:

• 61st Best B School in South India (Fortune India 2024)

• 4th Top B School in Hyderabad (Outlook 2023)
• 16th Best B School (Outlook 2023)
• Sustainable infrastructure achievement from Katalyst Konnects
• Excellence in Education by Outlook Business.

IGNOU is a trusted and accredited distance education university. This central university was established by an ACT of parliament in 1985. IGNOU degree is equivalent to a degree granted by any recognised university in India. It is acceptable and valid overseas and in foreign countries with ease. This is because, IGNOU is a recognised university under UGC and is a governmental university too. An IGNOU degree is approved by DEC and AICTE.

Yes, apart from CAT, IMT Ghaziabad also accepts GMAT and XAT scores for admission to the PGDM course. For admission, candidates have to completed bachelor degree in any discipline from a recognised institution with a minimum of 50% aggregate marks. The institute considers entrance exam scores for its shortlisting process. Then a personal interview, work experience and academic performance evaluated.

No, Rajalakshmi School of Business does not accepts ofline application. Candidates who are interested in studying PGDM programme at the school can check their eligibility and apply directly through the official website of the school. 

Fees structure for courses at Great Lakes Institute of Management Gurgaon

1) Post graduate Diploma in management (PGDM) -1190000

2) Post graduate programme in management (PGPM) - 1690000

Siva Sivani Institute of Management is one of the reputed management institutes situated in Hyderabad which offers MBA and PGDM. It provides the better placement, industry focused courses and experienced faculties. However, this institute is not alone in the race of top management institutes in hyderabad, IBS Hyderabad and IMT Hyderabad offer equal competition. There is no definite best institute for students as it is varies with the specialization, the students preference, and aims and objectives of the students. Siva Sivani is especially known for the placement and training and practical training for the students.

The Post Graduate Diploma in Management (PGDM) program, which is offered by IMT Hyderabad over a two-year period, is also available for working professionals. Widely experienced professors, cutting-edge facilities, creative pedagogy, and demanding learning procedures make IMT Hyderabad the ideal setting for developing and sculpting tomorrow's business leaders. IMTH plans a number of activities throughout the year to inspire students to be imaginative and think critically. Various occasions, such as TEDx IMTHyderabad, where the institution provides a stage for students, staff, and industry professionals to share their thoughts and experiences inspire future students to become leaders. 

Vivekanand Business School provide significant support to students in terms of internships and placements to enhance their employability. The institute provides campus placement drive for the students. Also, the institute has strong relationships with industry professionals and companies.  

During Vivekanand Business School placements, the the highest domestic package and the highest international package stood at INR 12 LPA and INR 21.42 LPA, respectively. Moreover, in 2023,  the institute witnessed the participation of 145 new recruiters.