Which is the no. 1 Diploma in Banking, Finance and Insurance college in India?

Hi,to determine the No. 1 Diploma in Banking and Insurance colleges in India, check the below table along with their total tuition fees: College Name Total Tuition Fee SPJIMR Mumbai Admission INR 15 lakh – INR 24 lakh FORE School of Management Admission INR 18 lakh Welingkar Mumbai (WeSchool) Admission INR 1 lakh – INR 14 lakh National Institute of Management Technology Admission INR 13 lakh – INR 14 lakh National Institute of Bank Management Admission INR 14 lakh

What are the affordable Diploma in Banking, Finance and Insurance colleges in India?

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: Low-cost Colleges Total Tuition Fee National Insurance Academy INR 9,000 - INR 18,000 Ramanujan College, University of Delhi INR 5,000 IGNOU INR 10,000 - INR 20,000 Institute of Distance Education, University of Madras INR 12,000 Banaras Hindu University INR 85,000

What is the eligibility criteria for admission to Diploma in Banking and Finance colleges in India?

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. Eligibility Criteria 10th Diploma Candidates who passed the 10th class/equivalent from any recognised institute/board are eligible to apply. UG Diploma Candidates can obtain admission to UG Diploma on a merit basis. For instance, Colleges of Delhi University grants admission to candidates based on cutoff. The cutoff list is prepared based on the candidate’s score on the 12th boards. PG Diploma/MBA Candidates must have completed BCom/BBA/BBS/BA in Economics in any one of the subjects with a minimum of 60% in aggregate to qualify for the admission process. Candidate must have completed Bachelor’s degree or equivalent with a minimum of 50% marks in aggregate in any discipline. Candidate must have obtained valid score in national/state level entrance exams- CAT/ GMAT/ CMAT/ ATMA/ MAT/ XAT/ IMI test score.

What are the various job profiles offered after completing Diploma in Banking, Finance & Insurance course from India?

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. Job Roles Average Salary Specialist Officers INR 7 LPA Investment Banker INR 17 LPA Financial Analyst INR 5.7 LPA Insurance Claim Adjuster INR 3.2 LPA Financial Consultant INR 5.9 LPA Insurance Claims Specialist INR 3.9 LPA Insurance Agent INR 2.5 LPA Disclaimer: The above mentioned salaries has been taken from Ambitionbox; therefore it may vary in future.

For admission to UG Diploma do I have to appear for any entrance exam?

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.

What are the private top colleges for Diploma in Banking, Finance and Insurance colleges in India?

The table below shows the private best colleges offering Diploma in Finance in India along with their total tuition fees: Private Colleges Total Tuition Fee SPJIMR Mumbai Admission INR 15 lakh – INR 24 lakh FORE School of Management Admission INR 18 lakh Welingkar Mumbai (WeSchool) Admission INR 1 lakh – INR 14 lakh Birla Institute of Management Technology Admission INR 13 lakh – INR 14 lakh ISBR Business School Admission INR 10 lakh – INR 12 lakh

What are the government top colleges for Diploma in Banking, Finance and Insurance colleges in India?

The table below shows the government best colleges offering Diploma in Finance in India along with their total tuition fees: Public/Government Colleges Total Tuition Fee IGNOU Admission INR 10,000 – INR 20,000 IIRM Hyderabad Admission INR 1 lakh – INR 10 lakh Ramanujan College, University of Delhi Admission INR 5,000 Banaras Hindu University Admission INR 85,000 BSE Institute Limited, Mumbai Admission INR 4 lakh – INR 7 lakh

What are the best courses for Diploma in Banking and Finance in India?

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: Top Specialisations No. of Colleges Finance 186 Sales & Marketing 88 Human Resources 82 Operations 65 International Business 37

What is the scope of Diploma in Banking, Finance and Insurance course?

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.

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

Q: How many Diploma in Banking and Finance colleges are there in India?

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.

Q: Is it worth joining Diploma in Banking, Finance and Insurance colleges in India?

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: College Name Total Tuition Fee Average Placement Package SPJIMR Mumbai INR 15 lakh – INR 24 lakh INR 29 LPA – INR 32 LPA FORE School of Management INR 18 lakh INR 14 LPA Welingkar Mumbai INR 1 lakh – INR 14 lakh INR 9 LPA - INR 12 LPA Birla Institute of Management Technology INR 13 lakh – INR 14 lakh INR 11 LPA National Institute of Bank Management INR 14 lakh INR 11 LPA

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.

Table of Contents

Diploma in Banking, Finance and Insurance Colleges in India: Highlights 2024
Diploma in Banking, Finance and Insurance Colleges in India: Admissions 2024
Diploma

Table of Contents

Diploma in Banking, Finance and Insurance Colleges in India: Highlights 2024
Diploma in Banking, Finance and Insurance Colleges in India: Admissions 2024
Diploma in Banking, Finance and Insurance Colleges in India: Exam Schedule 2024
- 3.1 Which are the most popular exams accepted by Diploma in Banking, Finance, and Insurance Colleges in India?
Best Private Diploma in Banking, Finance and Insurance Colleges in India
Best Govt. Diploma in Banking, Finance and Insurance Colleges in India
- 5.1 Diploma in Banking, Finance and Insurance Colleges in Delhi NCR
- 5.2 Diploma in Banking, Finance and Insurance Colleges in Maharashtra
- 5.3 Diploma in Banking, Finance and Insurance Colleges in Uttar Pradesh
ROI of Diploma in Banking, Finance, and Insurance Colleges in India
Highest Salary Offered by Diploma in Banking, Finance and Insurance Colleges in India
Low-cost Diploma in Banking, Finance and Insurance Colleges in India
Diploma in Banking, Finance and Insurance Colleges Comparison

Diploma in Banking, Finance and Insurance Colleges in India: Highlights 2024

A Diploma in Banking, Finance & Insurance is an educational program designed to provide students with comprehensive knowledge and skills in the fields of banking, finance, and insurance. This diploma program typically covers various aspects of the financial services industry, including banking operations, investment management, risk assessment, insurance principles, and financial planning.

Tabulated below are the key highlights of the Diploma in Banking colleges in India:

Particulars	Parameters
No. of Colleges	400+
Annual Fees	< INR 1 lakh: 183 colleges INR 1-2 lakh: 36 colleges INR 2-3 lakh: 19 colleges INR 3-5 lakh: 28 colleges >INR 5 lakh: 73 colleges
Top Specialisation	Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, etc.
Admission Process	Entrance Based: CAT, MAT, XAT, CMAT, etc.

Source - Multiple external/official sites, data may vary.

Diploma in Banking, Finance and Insurance Colleges in India: Admissions 2024

Candidates must note that the eligibility may vary from institute to institute. Individuals must check the official website of the college/university they desire to take admission in. Colleges like IMI, ISB, IIMP accept CAT/GMAT/MAT/XAT score for admission. While some institutes grant direct admission on a merit basis.

Eligibility Criteria
10th Diploma	Candidates who passed the 10th class/equivalent from any recognized institute/board are eligible to apply.
UG Diploma	Candidates can obtain admission to UG diploma on a merit basis. For instance, Colleges of Delhi University grants admission to candidates based on cutoff. The cutoff list is prepared based on the candidate’s score on the 12th boards.
PG Diploma/MBA	Candidates must have completed BCom/BBA/BBS/BA in Economics in any one of the subjects with a minimum of 60% in aggregate to qualify for the admission process. Candidate must have completed Bachelor’s degree or equivalent with a minimum of 50% marks in aggregate in any discipline. Candidate must have obtained valid score in national/state level entrance exams- CAT/ GMAT/ CMAT/ ATMA/ MAT/ XAT/ IMI test score.

Diploma in Banking, Finance and Insurance Colleges in India: Exam Schedule 2024

For admissions to best Diploma in Banking, Finance and Insurance courses in India. Candidates must qualify for some of the exams and they are:

CAT: Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. The CAT exam is a business aptitude test and its syllabus comprises four subjects - Verbal Ability & Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DILR), and Quantitative Ability (QA). The difficulty of the exam is moderate to high. CAT 2023 exam date is November 26 (tentative).
MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September, and December.

Take a look at important dates of exams accepted by Diploma in Banking colleges in India:

Exams	Dates	Schedule
CAT 2024 Exam	24 Nov '24	CAT Schedule
XAT 2025 Exam	05 Jan ‘24	XAT Schedule
CUET UG 2024 Exam	15 May '24 - INR 31 May '24	CUET UG Schedule
CUET PG 2024 Exam	11 Mar '24 - INR 28 Mar '24	CUET PG Schedule

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Also Read About CAT, MAT, and CMAT Mock Test Series:

Which are the most popular exams accepted by Diploma in Banking, Finance, and Insurance Colleges in India?

CAT, MAT, XAT, CMAT and many more are the exams accepted by Diploma in Banking colleges in India. See the table below exams accepted by number of colleges:

Exams	No. of Colleges	Cut off Predictor
CAT	87	CAT 2024 Predictor
XAT	78	XAT 2024 Predictor
MAT	72	MAT 2024 Predictor
CMAT	67	CMAT 2024 Predictor

Best Private Diploma in Banking, Finance and Insurance Colleges in India

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

Private Colleges	Total Tuition Fee
SPJIMR Mumbai Admission	INR 15 lakh – INR 24 lakh
FORE School of Management Admission	INR 18 lakh
Welingkar Mumbai (WeSchool) Admission	INR 1 lakh – INR 14 lakh
Birla Institute of Management Technology Admission	INR 13 lakh – INR 14 lakh
ISBR Business School Admission	INR 10 lakh – INR 12 lakh

Disclaimer: This information is sourced from the official website.

Best Govt. Diploma in Banking, Finance and Insurance Colleges in India

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

Public/Government Colleges	Total Tuition Fee
IGNOU Admission	INR 10,000 – INR 20,000
IIRM Hyderabad Admission	INR 1 lakh – INR 10 lakh
Ramanujan College, University of Delhi Admission	INR 5,000
Banaras Hindu University Admission	INR 85,000
BSE Institute Limited, Mumbai Admission	INR 4 lakh – INR 7 lakh

Source - Multiple external/official sites, data may vary.

Diploma in Banking, Finance and Insurance Colleges in Delhi NCR

The table below shows the Diploma in Banking, Finance and Insurance colleges in Delhi NCR along with their total tuition fees and accepted entrance exams:

College Name	Total Tuition Fee	Entrance Exams
FORE School of Management	INR 18 lakh	XAT, CAT
Birla Institute of Management Technology	INR 13 lakh – INR 14 lakh	MAT, XAT, CAT, CMAT
Great Lakes Institute of Management, Gurgaon	INR 7 lakh – INR 11 lakh	CAT, XAT, CMAT
IMT Ghaziabad	INR 21 lakh	XAT, CAT

Source - Multiple external/official sites, data may vary.

Diploma in Banking, Finance and Insurance Colleges in Maharashtra

The table below shows the Diploma in Banking, Finance and Insurance colleges in Maharashtra along with their total tuition fees and accepted entrance exams:

College Name	Total Tuition Fee	Entrance Exams
SPJIMR Mumbai	INR 20 lakh	CAT
Welingkar Mumbai	INR 1 lakh – INR 14 lakh	CAT, XAT, CMAT, etc.
Nationa Institute of Bank Management	INR 14 lakh	CAT, XAT, CMAT
National Insurance Academy	INR 9,000 – INR 9 lakh	CAT, CMAT

Source - Multiple external/official sites, data may vary.

Diploma in Banking, Finance and Insurance Colleges in Uttar Pradesh

The table below shows the Diploma in Banking, Finance and Insurance colleges in Uttar Pradesh along with their total tuition fees and accepted entrance exams:

College Name	Total Tuition Fee	Entrance Exams
Birla Institute of Management Technology	INR 13 lakh – INR 14 lakh	MAT, XAT, CAT, CMAT
IMT Ghaziabad	INR 21 lakh	XAT, CAT
GNIOT Institute of Management Studies	INR 7 lakh	CAT, MAT, XAT, NMAT, etc.
I Business Institute	INR 9 lakh	CAT, MAT, XAT, NMAT, etc.

Source - Multiple external/official sites, data may vary.

Read more about Diploma in Banking, Finance and Insurance colleges in other locations:

ROI of Diploma in Banking, Finance, and Insurance Colleges in India

Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.

Listed below are the best colleges offering Diploma in Insurance in India along with their total tuition fees and average placement package:

College Name	Total Tuition Fee	Average Placement Package
SPJIMR Mumbai	INR 15 lakh – INR 24 lakh	INR 29 LPA – INR 32 LPA
FORE School of Management	INR 18 lakh	INR 14 LPA
Welingkar Mumbai	INR 1 lakh – INR 14 lakh	INR 9 LPA - INR 12 LPA
Birla Institute of Management Technology	INR 13 lakh – INR 14 lakh	INR 11 LPA
National Institute of Bank Management	INR 14 lakh	INR 11 LPA

Source - Multiple external/official sites, data may vary.

READ MORE: Banking Jobs

Highest Salary Offered by Diploma in Banking, Finance and Insurance Colleges in India

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

College Name	Average Placement Package	Top Recruiters
SPJIMR Mumbai Placement	INR 29 LPA – INR 32 LPA	Castrol, KPMG, CISCO, Barclays, Godrej, etc.
FORE School of Management Placement	INR 14 LPA	Adani Group, Gartner, Asian Paints, Havells, etc.
Welingkar Mumbai Placement	INR 9 LPA - INR 12 LPA	Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc.
Birla Institute of Management Technology Placement	INR 11 LPA	ADP, Deloitte, KPMG, Wipro, Panasonic, etc.

Source - Multiple external/official sites, data may vary.

Low-cost Diploma in Banking, Finance and Insurance Colleges in India

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:

Low-cost Colleges	Total Tuition Fee
National Insurance Academy	INR 9,000 - INR 18,000
Ramanujan College, University of Delhi	INR 5,000
IGNOU	INR 10,000 - INR 20,000
Institute of Distance Education, University of Madras	INR 12,000
Banaras Hindu University	INR 85,000