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

There are about 15+ Diploma in Banking and Insurance colleges in Kolkata. Among these,  8 colleges are owned by private institutions. Students can secure admission after qualifying their Class 12 exams, and also some colleges may admit students based on entrance exams such as MAT, XAT, CAT, etc.. Some of the popular Diploma in Banking and Insurance colleges in Kolkata include Amity University Online, Praxis Business School, St. Xavier's College Kolkata, ICA Edu Skills Pvt. Ltd., National Stock Exchange (NSE), BSE Institute Limited Kolkata,  and many others.

Hi, The table below shows the best private Banking and Insurance colleges in Kolkata along with their total tuition fees:

Private Colleges	Total Tuition Fee
Amity University Online Admission	INR 2 lakh
Amity5 Business School Admission	INR 10 lakh
Amity1 Xavier's College Kolkata Admission	INR 22,000
Indian School of Business Management and Administration Kolkata Admission	INR 15,000 – INR 24,000
Annex College Center For Technical and Management Studies Admission	INR 4 lakh

Hope this information proves beneficial for you!

Some of the best courses for Diploma in Banking and Finance are: 

• Post Graduate Diploma in Management (PGDM) Offered by Welingkar Institute of Management. 
• PGDM in Banking and Financial Services Offered by IMI Delhi - International Management Institute. 
• Post Graduate Diploma in Management (PGDM) Offered by Indira Institute of Management - IIMP

Such skills are advanced maths and stats, insurance regulation, predictive modeling, financial reporting etc. Other skills include Data Analysis & Software Proficiency, Proficiency in Excel (including VBA) and programming languages for data manipulation and visualization.

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Actuarial Science

Yes, St. Xavier's Kolkata is a Tier 1 College which is famous for its Science, Arts and Commerece courses. The institute is also ranked 8 in the Colleges category by the NIRF 2025.

Companies like Accenture, DE Shaw, PwC, Deloitte, EY, MCKinsey, Adobe, TCS, Well Fargo, etc. hire students from the college. 

Candidates must note that the eligibility criteria may vary from institute to institute. Individuals must check the official website of the college/university they desire to be admission to. 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 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.

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.

Yes, Students can secure admission after qualifying their Class 12 exams, and also some colleges may admit students based on entrance exams such as MAT, XAT, CAT, etc.. See the table below for exams accepted by a number of Diploma in Banking and Insurance colleges in Kolkata along with their cut off predictor:

Exams	No. of Colleges	Cut off Predictor
CAT	1	CAT 2024 Predictor
XAT	1	MAT 2024 Predictor
MAT	1	MAT 2024 Predictor
CMAT	1	CMAT 2024 Predictor

Hope this information proves beneficial for you!

Yes actuarial Science is one of the highest-paying careers in finance. It offers high job security and global recognition with certain credentials. Some of the top consulting firms, insurance companies, and financial services hire such professionals at impressive salaries in both India and abroad.

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Actuarial Science Course

National Stock Exchange (NSE) provides programmes including PG Diploma, Certificate, MBA/PGDM in streams such as Banking, Finance & Insurance, Business & Management Studies, and are excellent for students to build their careers. The institute has specializations in Wealth Management, Investment Banking, Finance.

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, GRE and so forth. 

The table below shows the top specialisations offered by Diploma in Banking and Insurance colleges in Kolkata along with their number of colleges:

Top Specialisations	Number of Colleges
Finance	6
Sales Resources	3
Sales & Marketing	3
Wealth Management	2
International Banking	1

Some of the jobs that candidates can get with Diploma in Banking, Finance and Insurance are Internal Auditor, Business Analyst, Loan Counselor, Risk Manager and so forth.The precise career options available may differ depending on the organization, area, and your personal credentials and experience. While a Diploma in banking, finance, or insurance might be a good starting point for a career in the financial services industry, it is typically necessary to continue learning, gain experience, and potentially pursue further certifications.

Some pointers to consider before choosing Actuarial Science are mentioned below 

• It is a very intellectually heavy field; you can consider it if you have a good hold in math and stats in the field of finance and investments.
• You can go for this course if you want a quicker salary progression in the early stages of your career.
• Actuarial Professionals are some of the highest-paid professionals in the field of finance. 
• Due to being a highly specialised field, companies prefer to offer high job security to professionals proficient in this skillset.

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Actuarial Science

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Given below are the various affiliated colleges with the Indian School of Business Management and Administration, Kolkata:

Indian School of Technology and Management, Mumbai

Indian School of Business Management and Administration, Kolkata

Indian School of Business Management and Administration, Bangalore

Indian School of Business Management and Administration, Chennai

Indian School of Business Management and Administration, Chandigarh

Indian School of Business Management and Administration, Delhi

Indian School of Business Management and Administration, Pune

Indian School of Business Management and Administration, Mumbai

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.

The eligibility criteria of the PG Diploma course at Bandhan School of Development Management required the candidates to pass Graduation, Class 10 and 12 with a minimum of 50% aggregate. Additionally, they must pass the entrance exams accepted by the college with a valid aggregate. 

The fees range for courses offerred by the SCDL Kolkata - Symbiosis Centre for Distance Learning is around INR 3000 - INR 50000.

Centre for Financial Management, Kolkata has below criteria for taking admissions to it's various courses:

Courses	Eligibility
UG Diploma	Candidate must have completed 10+2 from any recognised Board/Council.

The seats availability for offered courses at MIT School of Distance Education, Kolkata goes up to 250. Courses offerred by MIT School of Distance Education, Kolkata are approved by eminent Government bodies such as DEB-UGC.

Annex College Center For Technical and Management Studies has been rated 5 for faculty as per reviews by students. This shows that Institute has qualified and experienced faculty members.

Birla Institute of Management and Futuristic Studies is a good institution for PG Diploma, UG Diploma, Certificate courses, and these programs are delivered by highly experienced faculty. Major specialisation at Birla Institute of Management and Futuristic Studies are Stock Analysis & Trading, HealthCare & Hospital.