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.
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.
- 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 |
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 |
|
| PG Diploma/MBA |
|
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 |
|
| XAT 2025 Exam |
05 Jan ‘24 |
|
| CUET UG 2024 Exam |
15 May '24 - INR 31 May '24 |
|
| CUET PG 2024 Exam |
11 Mar '24 - INR 28 Mar '24 |
Preparing for CAT 2024?
- Click to practice Q&A for Verbal Ability and Q&A for Quantitative Aptitude.
- Click here for CAT Article
Also Read About CAT, MAT, and CMAT Mock Test Series:
- Download CAT Previous Years Question Papers
- Free Online CAT Mock Test Series
- Free Online CMAT Mock Test Series
- Free Online MAT 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 |
|
| XAT |
78 |
|
| MAT |
72 |
|
| CMAT |
67 |
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 |
|---|---|
| INR 15 lakh – INR 24 lakh |
|
| INR 18 lakh |
|
| INR 1 lakh – INR 14 lakh |
|
| INR 13 lakh – INR 14 lakh |
|
| 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 |
|---|---|
| INR 10,000 – INR 20,000 |
|
| INR 1 lakh – INR 10 lakh |
|
| INR 5,000 |
|
| INR 85,000 |
|
| 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 |
|---|---|---|
| INR 18 lakh |
XAT, CAT |
|
| INR 13 lakh – INR 14 lakh |
MAT, XAT, CAT, CMAT |
|
| INR 7 lakh – INR 11 lakh |
CAT, XAT, CMAT |
|
| 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 |
|---|---|---|
| INR 20 lakh |
CAT |
|
| INR 1 lakh – INR 14 lakh |
CAT, XAT, CMAT, etc. |
|
| INR 14 lakh |
CAT, XAT, CMAT |
|
| 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 |
|---|---|---|
| INR 13 lakh – INR 14 lakh |
MAT, XAT, CAT, CMAT |
|
| INR 21 lakh |
XAT, CAT |
|
| INR 7 lakh |
CAT, MAT, XAT, NMAT, etc. |
|
| 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:
- Diploma in Banking, Finance and Insurance colleges in Andhra Pradesh
- Diploma in Banking, Finance and Insurance colleges in Madhya Pradesh
- Diploma in Banking, Finance and Insurance colleges in Tamil Nadu
- Diploma in Banking, Finance and Insurance colleges in Gujarat
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 |
|---|---|---|
| INR 15 lakh – INR 24 lakh |
INR 29 LPA – INR 32 LPA |
|
| INR 18 lakh |
INR 14 LPA |
|
| INR 1 lakh – INR 14 lakh |
INR 9 LPA - INR 12 LPA |
|
| INR 13 lakh – INR 14 lakh |
INR 11 LPA |
|
| 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 |
|---|---|---|
| INR 29 LPA – INR 32 LPA |
Castrol, KPMG, CISCO, Barclays, Godrej, etc. | |
| INR 14 LPA |
Adani Group, Gartner, Asian Paints, Havells, etc. | |
| INR 9 LPA - INR 12 LPA |
Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc. |
|
| 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 |
Source - Multiple external/official sites, data may vary.
Diploma in Banking, Finance and Insurance Colleges Comparison
Listed below is the comparison of best colleges ;
- Fore School of Management Comparison with other colleges
- L.N. Welingkar Institute of Management Development and Research, Mumbai Comparison with other colleges
- National Institute of Bank Management Comparison with other colleges
- Birla Institute of Management Technology Comparison with other colleges
Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Indian School of Business Management and Administration, Bangalore admission based on merit and entrance exams. The institute accepts national entrance exams such as the Karnataka PGCET. Indian School of Business Management and Administration, Bangalore course admission begin with the online application. Interested candidates can apply directly through the official website.
Boston Institute of Analytics offers courses at the UG, PG, and certificate levels. These include- UG Diploma, PG Diploma and certificate courses. All these are offered in various specialisations and through various schools, such as- Management, Technology, Finance, etc.
The highly regarded PGDM programme has received approval from the All India Council of Technical Education (AICTE), accreditation from the National Board of Accreditation (NBA), and recognition from the Association of Indian Universities (AIU) as being on par with an MBA.
Swami Vivekanand Subharti University in Meerut is considered decent, accredited private university particularly recognised for its medical, dental & law programs making it worth considering if you are looking for balanced campus life with good infrastructure. However, it may not meet "hype" of top tier national institutes as engineering & other technical branches are considered average.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Lloyd Business School's BBA programme is more affordable compared to IBMR Gurgaon, with fees starting at INR 1.3 lakh, whereas IBMR's BBA programme starts at INR 2.04 lakh- 3.05 lakh. However, for all other courses, the fee structure remains the same for both institutions.
St. Xavier's College Ranchi offer several internship & placement opprtunities to the students. Below is the placement details for the session 2024-2025:
| Company Name | No. of Students Selected | Package Offered |
|---|---|---|
| SOUTH INDIAN BANK | 6 | 7.60 LPA |
| ICICI BANK | 46 | 6.99 LPA |
| ACCENTURE | 13 | 3.45 LPA |
| WIPRO LTD | 5 | 2.16 LPA |
ICBM-SBE (ICBM School of Business Excellence) in Hyderabad accepts the following entrance exam scores for admission to its PGDM program:
- Common Admission Test (CAT) with a weightage of 35-65%.
- Management Aptitude Test (MAT) with a cutoff of 64 percentile for the general category.
- Academic performance with a weightage of 5-25%.
- Undergraduate degree/postgraduate degree with a weightage of 20-45%
Since it is located in the heart of Delhi, a strong connections with MNC Companies exist. It is very beneficial for students placement. The placement rate is 100%. KPMG, Flipkart,OYO, Appolo, Deloitte, Bandhan Bank, HDFC life, ICICI Bank, Nestle and Shiksha.com are a few of the top recruiters for the Asia Pacific Institute of Management in Delhi.
Vidyalankar School of Business has a proper placement office at its campus. The placement department at VSB offers placement services along-with may more career related services such as personalized career counseling, resume-building workshops and mock interview preparation. The Placement Office ensures to provide a platform to students wherein they can seamlessly transition into the professional world.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
The cutoff marks of Guwahati University vary from course to course. The university has provided minimum qualifying cutoff marks for admission to a majority of courses offered by Guwahati University. Candidates must have at least 45 percent aggregate in their UG programme to become eligible for the PG programme. For the M.Tech programme, candidates must have secured at least 50 percent aggregate and for MEd and Integrated MSc-PhD, students just need a relevant UG degree to be eligible.
Narayana Business School offers courses such as MBA+PGPCE and PGDM in full-time mode for the durration of 2 years. The college offers admission to the respective courses on the basis of the minimum aggregate of 50% in graduation. Candidates must secure valid scores in accepted entrance exams such as CMAT, NBSAT or other equivalent national level entrance exams.
Yes, NDIM is a good college for PGDM. The institute has been declared the first and only mentor institute in India under the 'Management' category by the All India Council for Technical Education (AICTE). It is an integral part of the non-profit & charitable education society, Society for Employment and Career Counselling.
In terms of placements, The average and median salary package offered during the NDIM Delhi placements stood at INR 10 LPA and INR 12 LPA, respectively. All the courses offered by NDIM are approved by the AICTE and accredited by the Accreditation Service for International Schools, Colleges and Universities (ASIC) UK. New Delhi Institute of Management offers all the necessary facilities that help students in having a hassle-free college life such as hostels, gyms, transportation, sports, medical, library, etc.
BITS Pilani is widely considered a Tier 1 institute in India for higher education, including its Work Integrated Learning Programmes (WILP). While the WILP programs are designed for working professionals and may not have the same visibility as its full-time programs, BITS Pilani's overall reputation, academic excellence, and industry connections maintain its standing as a top-tier institution.
Its strong brand and industry-recognized degrees make WILP programs valuable for career advancement, especially for professionals in technical and managerial roles.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
BRAOU Hyderabad faculty are PhD, diploma, and degree holders. BR Ambedkar Open University has experienced faculty members. Some of the BRAOU Hyderabad faculty details are mentioned below:
| Faculty Name | Faculty Qualification |
|---|---|
| Prof.I. Anand Pawar (Professor) | MBA, MCom, MPhil, PhD |
| Dr.Chandrakala (Associate Professor & Head) | M.Ed, M.A (Pub.Ad), M.A (Philosophy), MPhil, PhD (Education) |
| Dr. Prameela Kethavath (Assistant Professor & I/c Head) | MSc (Org. Chem.), PhD |
Institute of Public Enterprise is one of the popular institute which is ranked under various categories such as Outlook, Business Today, NIRF, Times, and others. Below mentioned are the IPE Hyderabad of rankings:
| Ranking Body | Ranks |
|---|---|
| Outlook- ICARE Rankings 2025 in the Top Private B-Schools (Telangana category) | 1 |
| Outlook- ICARE Rankings 2025 in the Top Private B-Schools (South Zone category) | 6 |
| Outlook- ICARE Rankings 2025 in the Top Private B-Schools (All India category) | 22 |
| Business Today 2024 for MBA | 45 |
| NIRF 2024 under the Management category | 101- 125 |
Times 2023 under the University (Private) category | 10 |