Diploma in Banking, Finance & Insurance colleges in Mumbai (All) 2026: Admissions, Courses, Fees, Placements

Hi, there are 50+ best Diploma in Banking, Finance and Insurance colleges in Mumbai of which 50+ colleges of which 20+ colleges are owned by privately and 2 colleges are owned by the government. CAT, XAT, ATMA, MAT, MAH CET and NMAT are the top entrance exams for admission to top Diploma in Banking, Finance and Insurance colleges in Mumbai. Finance, Sales & Marketing, Human Resources, Operations, Business Analytics, Financial Planning & Analysis, etc. are the top specialisations for admission to diploma in banking and finance colleges in Mumbai. Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai, Vivekanand Business School (VBS), S.P. Jain Institute of Management and Research, Mumbai, National Stock Exchange (NSE) and GNIMS Mumbai are the top Banking, Finance and Insurance Diploma colleges in Mumbai.

Hi, listed below are the top Diploma in Banking, Insurance and Finance colleges in Mumbai according to popularity:

College Name	Tuition Fee
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai	INR 1.2 Lacs - INR 14 lakh
Vivekanand Business School (VBS)	INR 9.5 lakh
S.P. Jain Institute of Management and Research, Mumbai	INR 4.5 Lacs - INR 24 lakh
National Stock Exchange (NSE)	INR 1.7 Lacs - INR 4 lakh

Hope this helps!

Hi, it can be observed that pursuing a diploma in Banking, Finance and Insurance in Mumbai can be quite inexpensive as most of the colleges have an average tuition fee of less than INR 1 lakh.

Hi, the top specialisations offered by diploma in Banking, Finance and Insurance colleges in Mumbai:

Top Specialisations	No. of Colleges
Finance	20+
Sales & Marketing	10+
HR	10+
Operations	10+

Hope this helps!

Yes, Welingkar Mumbai has good placements. The students have got a decent package in the recent placements. Companies like Adani Group, Amazon, Morgan Stanley, ICICI Bank, Mahindra Group etc. hire students from the college. 

Hi, the top PG Diploma in Banking, Finance and Insurance colleges in Mumbai, according to popularity are listed below:

College Name	Tuition Fee
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai	INR 1 Lacs - INR 14 lakh
Vivekanand Business School (VBS)	INR 9.5 lakh
S.P. Jain Institute of Management and Research, Mumbai	INR 14 Lacs - INR 24 lakh
NSE	INR 1.7 Lacs - INR 4 lakh

Hope this helps! 

Hi, the top UG Diploma in Banking, Finance and Insurance colleges in Mumbai are listed below according to popularity:

College Name	Tuition Fee
Boston Institute of Analytics	INR 1 lakh
EduKart.com	INR 35,000
Indian Institute of Banking and Finance	INR 2,300 - INR 3,600
Xaviers Institute of Business Management Studies, Malad West	INR 13,900
National Institute of Management and Research Studies	INR 47,000

Hi, the top private Diploma in banking, finance and insurance colleges in Mumbai are:

Listed below are the top Diploma Banking, Finance and Insurance colleges in Mumbai with their tuition fee and eligibility criteria:

College Name	Tuition Fee	Eligibility / Exams
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai Admission	INR 1.2 Lacs – INR 14 lakh	XAT, CAT, CMAT, ATMA
S.P. Jain Institute of Management and Research, Mumbai Admission	INR 5 Lacs – INR 24 lakh	CAT, GMAT
GNIMS Mumbai Admission	INR 6 lakh	CMAT, ATMA, MAT, XAT, CAT, NMAT, MAH CET
Vidyalankar School of Business Admission	INR 7 lakh	MAT, XAT, CAT, CMAT, ATMA
Boston Institute of Analytics Admission	INR 1 lakh	Merit-Based

Disclaimer: This information is sourced from official website and may vary.

 

Hi, given below are the top government Diploma in Banking, Finance and Insurance colleges in Mumbai with their tuition fees and eligibility criteria:

College Name	Tuition Fee	Eligibility / Exam
TISS Admission	INR 96,000	Merit-Based
Garware Institute of Career Education and Development, University of Mumbai Admission	INR 6.6 lakh	Merit-Based

Disclaimer: This information is sourced from official website and may vary.

Vivekanand Business School provide significant support to students in terms of internships and placements to enhance their employability. The institute provides campus placement drive for the students. Also, the institute has strong relationships with industry professionals and companies.  

During Vivekanand Business School placements, the the highest domestic package and the highest international package stood at INR 12 LPA and INR 21.42 LPA, respectively. Moreover, in 2023,  the institute witnessed the participation of 145 new recruiters.

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.

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.

National Stock Exchange (NSE) is a good institution for PG Diploma, Certificate, MBA/PGDM courses, and these programs are delivered by highly experienced faculty. Major specialisation at National Stock Exchange (NSE) are Wealth Management, Investment Banking, Finance.

The flagship programme offered at Vidyalankar School of Business, VSB is the MBA/PGDM. Every student at Vidyalankar School of Business, [VSB] Mumbai has the opportunity to strive for success by utilising the greatest resources available in terms of technology, industry engagement, and real-world, hands-on problem-solving internships. Executive management courses, postgraduate diplomas, and postgraduate certifications are available at Vidyalankar School of Business (VSB) in Mumbai. Retail management, business analytics, digital marketing, banking & financial management, marketing management, financial management, operations management, information systems, international business, human resource management, and supply chain management are among the specialisations offered for PGDM courses at VSB.

In order to be enrolled into one of GNIMS Mumbai's illustrious Management courses, candidates must make sure that they fulfil the prescribed eligibility criteria. Students looking to take admissions in MMS or MCA must achieve at least 50% in their graduate degrees.

Also, since admissions are entrance-score based, students must have valid scoring in any of the qualifying Management exams: MAH-MBA/MMS-CET)/CAT/MAT/ATMA/CMAT. Separate conditions exist for admissions into the diploma/certificate and the doctorate programs.

Some of the popular fields in which PG Diploma is offered are as follows:-

• 3D Animation and VFX
• Game Design and Development
• Fashion CAD and Analytics
• Journalism, etc. 

 

EduKart.com is a well-known institution for MBA/PGDM, Executive MBA/PGDM, M.J.M.C, LL.M, PG Diploma, M.Sc, M.A, CFA, ITIL, Certificate, M.Com, UG Diploma, B.A, BBA courses. These programs are delivered by highly experienced faculty. As per Shiksha's verified reviews, EduKart.com has a rating of 3.8 on the basis of Shiksha-verified reviews by students. Not just this, it has also been rated 3 on Campus Life, 3 on Placements, 4 on Faculty and 4 on Infrastructure.

After completing the undergraduate level course under Commerce, the candidates can find various jobs at entry or junior level in Accounting, Commerce, Banking and Finance and related fields such as Junior Accountant, Operations Management,  Data Analyst, Research and Development Manager, Information Systems Manager,  Project Manager,  etc..

Also Read: Your Career After Doing a Course in Commerce

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