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
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Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
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Commonly asked questions On 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:
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 |
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 |
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 |
The All India Management Association (AIMA) offers a variety of scholarship opportunities to support students pursuing their postgraduate studies. AIMA's Post Graduate Diploma in Management (PGDM) and related programs are approved by AICTE and UGC, with various funding options available. AIMA promotes flexible learning with opportunities for financial assistance through merit-based scholarships and other means. While not all information is directly specified on available scholarships, AIMA offers fee waivers and scholarships for deserving candidates based on academic performance and entrance exam scores.
AIMA focuses on making its management education programs accessible through online and face-to-face learning models. For candidates requiring financial aid, AIMA advises contacting their admissions office directly to explore detailed scholarship opportunities and application processes.
Thank you
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
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 |
|
PG Diploma/MBA |
|
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, 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:
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 |
Merit-based admissions as well as entrance requirements determine admission to the MIT School of Distance Education (MITSDE). Verifying academic records and the completeness of the application form are two steps in the selection process. The institute offers a range of programs, and depending on the course, there may be different admission requirements. The institute is also an ICDE member and has AICTE approval. It provides students with postgraduate and certificate programs in management, business administration, and other fields. Both online and offline admissions are available, and the application process is completed entirely online and without paper. According to the information at hand, entrance and merit are both factors in the admissions process.
