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
ISBM Mumbai admissions are held on the basis of merit obtained in the previous qualifying examination. Students can visit the official website to learn more about the course-specific eligibility and admission details. Candidates seeking UG admissions must clear their Higher Secondary/10+2 examinations and present valid scoring for admissions. For PG admissions, UG graduates can apply based on their merit in their degree examinations.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
The below-mentioned is the application fee details for some courses:
| Particulars | Statistics |
|---|---|
| Application Fees (UG) | INR 500 |
| Application Fees (PG) | INR 750 |
| Mode of Application | Online |
OSOU accepts the Odisha Joint Entrance Examination (OJEE) scores for admission. The OJEE is a state-level entrance exam conducted for admission to various professional courses in the state of Odisha.
Courses like BA, BBA, BCom, BJMC & more are offered for registration. Students who have passed the 12th class grade examination with a 55% mark are eligible to enroll. Also, OSOU provides a variety of specializations for each UG degree course.
National institute of management and technology provide many courses but in jaipur they only provide few courses and they are
1) Bachelor of Arts - Bachelor of Legislative Law BALLB [5 years]
2) Bachelor of Laws LLB [3 years]
3) Post graduate Diploma in management PGDM
4) Bachelor of Education
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
The below is the PGDM (Intrapreneurial X Venture Studio) curriculum at Talent Skillsvarsity:
Year 1
Module 1 - Core Module
Management Functions & Organization Behavior
Managerial Economics
Business Statistics
Financial & Management Accounting
Introduction to Information Technology
Business Communication
Module 2 - Core Module
Operations Management
Human Resource Management
Marketing Management
Economic and Social Environment
Research Methodology
Financial Management
Year 2
Module 3 - Specialization Module
5 courses per specialization
Operations
Human Resource Management
Marketing
Finance
International Business
Information Systems
Digital Marketinggement
Business Analytics
Financial Research & Valuation Modeling
Banking & Financial Management
Supply Chain Management
Retail Management
Module 4 - Core Module
Business Law & Corporate Governance
International Business
Entrepreneurial Management
Strategic Management & Ethics
Project Work
The placement cell of the Indian School of Business Management and Administration, Chandigarh, is committed to providing students with training and professional opportunities throughout their academic careers. The placement cell maintains contact with various industry sources, organises on-campus training and recruitment and informs the students about placement opportunities. Indian School of Business Management and Administration, Chandigarh, offers 100% placement assistance. Top companies visit ISBM Chandigarh placements such as HP, McAfee, Capgemini, Amazon, Sharekhan, Flipkart, Dr. Reddy's Foundation, Vatika, Fullerton India, Amdocs, and others.
Yes, MIT School of Distance Education has good placements. They maintain a good placement record for their students. Their courses are AICTE-approved and also government-approved.
They provide quality education to their students and also make them get placed in a good multinational company. Their average placement last year was 7 to 8 Lacs and the highest reached up to 30 to 40 Lacs per year.
| Courses | Eligibility |
|---|---|
| MBA/PGDM | Candidates who completed graduation with the mentioned marks or an equivalent CGPA in any discipline from a recognised university are eligible to apply. |
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
The overall average package offered to students during Ignite Education NMIMS placements is yet to be released . The data tabulated below provides the average package recorded in the recent placement season:
Particulars | Placement Statistics |
|---|---|
Average Package | INR 18.45 LPA |
NOTE: The data above has been taken from the student reviews from the Shiksha page.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
| Courses | Eligibility |
|---|---|
| MBA/PGDM | Candidate appearing for their final year exams can also apply subject to furnishing a proof of graduation by the required date. |
| CFP | Regular Pathway: Candidate must have passed 10+2 exam enrollment time. The candidate must have experience of 3 Years for Graduates & 5 Years for Non-Graduates either Pre or Post CFP Examination. Must have passed the following four examinations either through self-study or through training support from any one of FPSB India approved education partner: 1- Risk Analysis and Insurance Planning (Exam 1) 2- Retirement Planning & Employee Benefits (Exam 2) 3- Investment Planning (Exam 3) 4- Tax Planning and Estate Planning (Exam 4) Challenge Status: Candidate must be a CA/ 10+2 level, CFA (US), ICWA, CAIIB, CS, LLB, Ph.D., M.Phil, PG, Licentiate/Associate/ Fellowship of Life Insurance, Actuary, FFSI & FLMI from LOMA, Civil Service Examinations by UPSC. Should have experience of 3 Years in Financial Services industry & 5 Years in Non-Financial Services Industry pre-CFP Examination to apply for challenge status examination. This information is the latest available on the official website. |
| PG Diploma | Candidate must be a graduate recognized by a university/ institute. Final year exams can also apply subject to furnishing a proof of graduation. This information is the latest available on the official website. |
| Courses | Eligibility |
|---|---|
| UG Diploma | Candidate must have completed 10+2 from any recognised Board/Council. |
| Courses | Eligibility |
|---|---|
| PG Diploma | The minimum age is 14 years as on 1st July 2022, i.e. born on or before 01-07-2009. |
| B.Lib.I.Sc. | Candidate must have passed graduation from a recognized University/Institute. |
| B.Sc. | Candidate must have passed 10+2 or equivalent examination from a recognized school/board. |
| BBA | Candidate must have passed 10+2 or equivalent examination from a recognized school/board. |
| BCA | Candidate must have passed 10+2 or equivalent examination from a recognized school/board. |
| After 10th Diploma | Candidate must have passed 10th class from any recognised Board/Council. |
| UG Diploma | Candidate must have completed 10+2 from any recognised Board/Council. |