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
According to unofficial sources, IMI Delhi alumni primarily work in the Business Development sector with a 34% share. The detailed sector-wise distribution of alumni is depicted in the below pie chart:
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
No one has even felt regretful studying at G H Raisoni University, Amravati. GH Raisoni University Amravati was established in 2018 and offers UG, PG, diploma, short-term, and various other courses to students. The university is UGC approved and offers BCI and PCI approved courses to students. The placements offered by this university are also good.
There is an online as well as an offline mode of application for ISBM University Raipur courses. Though the university page has not mentioned any specific application fees for the online application students can expect an application fee of INR 900 for the offline mode of applications though the same may apply for online as well.
The highest packages offered so far during Jaipuria Noida placements 2026 stood at INR 24.11 LPA. Earlier, the highest int'l and domestic packages offered in 2025 swas INR 36.64 LPA and INR 22.57 LPA.
Nalanda Open University has several pros and cons of studying for various students. The good and bad sides are given below:
Good side of studying at NOU:
- In comparison to other regular universities, NOU is affordable in terms of everything. The tuition fee, along with other fee components is lower.
- The system of distance learning is flexible for students living in different parts of the nation.
- NOU offers UG, PG, Diploma and Certificate courses across various specialisations. All these courses are recognised by the University Grants Commission (UGC) and Distance Education Council (DEC).
Bad sides of studying at NOU:
- Due to the distance learning mode, students lack interaction with the faculty. This can impact the learning experience of students.
- Open universities such as NOU Bihar and Patna IGNOU often lack placement opportunities, practical training and exposure.
- Students miss out on extra-curricular activities, vibrant college life, fests, events, internships and seminars.
The I.T.S. School of Management is known for its Post Graduate Diploma in Management (PGDM) programme and is the best course offered at the institute which students receiving Industry 4.0 exposure to students through its:
- Pearson Me-Pro English Certification
- Design Thinking
- Data Analytics
- Artificial Intelligence
- Financial Modelling
- Business Simulation Games, etc.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Yes, hostel facilities for male and female students are provided by Dr. Shakuntala Misra National Rehabilitation University. Further, according to the official brochure, the institution provides its hostel and mess facilities without any charge, along with zero tuition fees for disabled students. However, non-disabled students have to pay the respective hostel fee, along with other one-time charges as well.
upGrad primarily offers paid programmes at the postgraduate level. But, it also recognises the importance of accessible learning and has recently introduced free courses in technology, management, career planning, data Science and machine learning, law, and soft skills. These free upGrad courses, designed to provide foundational knowledge, come with one to 28 hours of learning and a valuable e-certificate upon completion, acknowledging your commitment to learning and growth. With these free certifications from upGrad, you also get to participate in Live Discussions with peers enrolled in the same course.
MADURAI KAMARAJ institution is a well-known institution founded by the Tamil Nadu government in 1965. The admission process at MKU-DDE is fairly basic. Simply go to the website, download the admission form, and then submit it online or offline. Admission is usually granted in the month of April. If you want to study from home and have been admitted to IGNOU, you can do so. You may get additional information from its official website, which I also visited. I shall always remember this college favorably. This is the most amazing experience I've ever had. Seniors, staff, and administration will assist you in any way they can. The teachers' teaching abilities are exceptional. You will never get anything back from a teacher. Learning here has a very good atmosphere.
Latest CMAT exam pattern is given below:
- Question paper carries 100 MCQs
- Each section has 20 question
- Exam duration is 180 minutes
- Each question carries 4 marks
- There is no negative marking
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
IIMS Pune admissions for the PGDM/MBA course depends on the following selection criteria and their weightage:
- Entrance exam scores for XAT/CAT/CMAT/MAT/MHCET (40% weightage).
- Group Discussion and Personal Interview rounds (35% weightage).
- Past Academic Performance (10th, 12th and Graduation/15% weightage).
- Sports/Cultural/NCC/NSS Merit (10% weightage).
The mode of admissions at the Jiwaji University varies from one course to another. Jiwaji University admission is both merit and entrance-based. Candidates seeking direct admission to the university could apply for courses such as MA and MSc, in which the admission is given on the basis of the merit of the last qualifying exam. However, candidates wiling to take admission to other courses such as BTech and BA (Hons) must appear for the JEE Main and CUET UG entrance exams, respectively.
BSS Foundation - School of Management flagship course is MBA. The course is offered in several specialisations, such as Human Resources, Finance, Marketing and others. Candidates need to fulfil the eligibility to be able to apply for the course. The criteria is that the candidate must have secured 50% marks (General), 45% marks (reserved category) aggregate at the Undergraduate level. Further, candidates are required to appear in accepted entrance exam for admisison. Additionally, the college offers three UG courses, such as BCom, BBA and BCA. Admission to these UG courses is based on last qualifying exam score i.e. pass Class 12 with 50% aggregate or Diploma in Computer/IT/ E&TC Engineering.
Some medical field which offer best work and life balance are shown below -
Dentistry (BDS & MDS) – Fixed clinic hours, fewer emergencies.
Pharmacy (BPharm & MPharm) – Less stress compared to hospital-based jobs.
Physiotherapy (BPT & MPT) – Flexible working hours, minimal emergency calls.
Public Health & Community Medicine – Focus on preventive healthcare rather than emergency treatments.
Clinical Research & Medical Writing – Research-based work with no direct patient responsibilities.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Some medical field which offer best work and life balance are shown below -
Dentistry (BDS & MDS) – Fixed clinic hours, fewer emergencies.
Pharmacy (BPharm & MPharm) – Less stress compared to hospital-based jobs.
Physiotherapy (BPT & MPT) – Flexible working hours, minimal emergency calls.
Public Health & Community Medicine – Focus on preventive healthcare rather than emergency treatments.
Clinical Research & Medical Writing – Research-based work with no direct patient responsibilities.
BSE Institute offer one PG Diploma programmes in collaboration with the Maulana Abdul Kalam Azad University of Technology (MAKAUT). The Diploma in Financial Markets provides complete financial market training through theoretical and practical teaching approaches. The college offers PG Diploma with a duration of one-year in fulltime mode.
Karnataka University Dharwad course admissions include qualification of merit and entrance exam. The University offers courses in UG, PG, Diploma and Certificate levels for the durations varying from 1 year to 4 years.
Furthermore, KUD accepts various entrance examination scores for the admission to several UG/ PG courses such as Karnataka 2nd PUC, KMAT, KCET, XAT, MAT, CAT, CMAT and many more.
Swami Vivekananda University is a private University managed by Prakhar Pragya Siksha Prasar Avum Samaj Kalayan Samiti, Madhya Pradesh. The University is UGC approved and is recognised by AICTE and ISO. The university offers several programs across various streams of Arts, Commerce, Science, Designing, Engineering etc.
Admissions to Swami Vivekananda University are based on the scores obtained in Entrance exams. MBA and M.Tech admissions are based on the scores in National entrance exams like CAT and GATE; whereas admissions to the undergraduate degrees are based on the merit scores of the candidates in the qualifying exam.
The University offers a Bachelor’s programme in Aeronautical Engineering. Admission to the programme is based on the qualifying scores of the candidates in JEE Main followed by a personal interview round. Applications to admissions are available in both Online and Offline modes.
The University holds a good placement record; companies like IDEA, INFOSYS, Airtel, Dabur etc. are some of the top recruiters in the placement drive at the campus. The institute also offers scholarships to the poor, needy as well as meritorious students as per the scholarship programmes by the government. Students have to apply for the scholarships at the starting of the academic session with the required documents.
