Diploma in Banking, Finance & Insurance Scope: Salary, Job Roles, Career after Diploma in Banking, Finance & Insurance

Updated on May 29, 2025 02:08 IST
Akansha Bisht

Akansha BishtSenior Executive

The Banking, Finance, and Insurance sectors of India are pillars of India's economic growth. The country has the world's third-largest FinTech ecosystem. After completing a Diploma in Banking and Finance, go for a career in a Bank, a CA firm, a finance department in an MNC, the share market, consultancies, etc.

Some popular entry-level job profiles you can explore being a BFSI student are Auditor, Loan Officer, Bank Manager, Risk Analyst, Portfolio Manager, Stock Manager, FOREX Specialist, and so on. If interested, continue reading the article. 

Top Career Profiles

Here are some top jobs in India for a Diploma in BFSI student you can explore.

Job Profiles Job Description Average Salary
Project Economists Their role is to analyze the finances of an organization, guiding it in development projects to ensure economic efficiency and sustainability. They conduct research, prepare reports, and economic models addressing financial problems related to the production and distribution. INR 7.2 LPA
General Managers GMs are responsible for overseeing the day-to-day operations of a business segment, department, or stand-alone retail location. They manage staff, map out strategies, and ensure their effective implementation. INR 14.4 LPA
Deputy Controller of Accounts This is an officer position within a government ministry or department. The Deputy Controller of Accounts assists the Controller of Accounts to manage the financial operations within a department or an organization. INR 24 LPA
Financial Advisers Their role is to assist and consult clients, helping them make the informed financial decisions. They are into direct client interaction, financial plan development & analysis, portfolio management, etc. INR 4.9 LPA
Auditors Their core job responsibility is to review and verify the financial records and compliance with the regulations of a company. They conduct audits of financial statements, evaluate the internal controls, etc. INR 4.8 LPA
Loan Officers Their job is to assist clients, recommend loan applications, help them through the loan process, and ensure compliance with guidelines. They bridge the gap between clients and financial institutions. INR 2.8 LPA
Risk Analysts Their job is to identify and assess potential financial risks to protect their company or client from any capital or goodwill loss.  INR 7.6 LPA

Salary data: Ambitionbox.com

Core Industries

You have many employment options in various fields other than banking. Here are some top recruiting industries that hire BFSI students.

Core Industries Details
Banks Banking and Finance students can join both government and private banks through various job profiles. Banks are financial institutions facilitating people worldwide in making money transactions, deposits, withdrawals, and more.
Insurance Companies Insurance companies offer insurance policies and provide financial protection to people against unexpected events like accidents, illnesses, or natural disasters. In exchange for premiums paid by people or companies, they take on the financial risk of a covered event. 
MNCs Multinational companies with thousands and lakhs of employees either outsource or have their own finance departments to tackle both internal and external financial affairs.
Fintech Fintech companies give digital finance services to individuals and organizations. These features include digital payments, lending, investment management, insurance, etc.

Note - The info is taken from external sites and can change. 

Top Recruiters

Here are some top companies in India where you can seek a job after you complete your Diploma in BFSI. 

Banks in India
State Bank of India (SBI) Reserve Bank of India (RBI) HDFC Bank
ICICI Bank Kotak Mahindra Bank Axis Bank
Insurance Companies in India
Life Insurance Corporation of India (LIC) HDFC Life Insurance ICICI Prudential Life Insurance
Max Life Insurance Tata AIA Life Insurance Bajaj Allianz Life Insurance
Fintech Companies in India
Paytm PhonePe Razorpay
Zerodha CRED BharatPe
MNCs in India
Tata Consultancy Services (TCS) Wipro Infosys
HCL Technologies Aditya Birla Group Nestle India

Note - The info is taken from external sites and can change. 

Placements

These are how you kickstart the career journey with top companies and decent salary packages. Here are some top Diploma in Banking and Finance colleges in India with good placement options. 

Best Diploma in Banking Colleges Average Package Offered
S.P. Jain Institute of Management and Research, Mumbai Placements INR 22.8 - 30 LPA
International Management Institute, New Delhi Placements INR 16.6 LPA
IMT Ghaziabad Placements INR 15 LPA
FORE School of Management Placements INR 15 LPA
Garware Institute of Career Education and Development Placements INR 15 LPA
National Institute of Bank Management Placements INR 15 LPA
New Delhi Institute of Management Placements INR 12 LPA
IMI Bhubaneswar Placements INR 12 LPA
I Business Institute Placements INR 12 LPA
Boston Institute of Analytics Placements INR 9 - 12 LPA

Note - The info is taken from the official sites of the colleges.

Table of contents
  • Popular Diploma in Banking, Finance & Insurance Colleges in India
  • Popular Private Diploma in Banking, Finance & Insurance Colleges in India
  • Popular Exams
  • Popular Diploma in Banking, Finance & Insurance Specializations
  • Most Popular Courses
  • Popular Diploma in Banking, Finance & Insurance UG Courses
  • Popular Diploma in Banking, Finance & Insurance PG Courses
View More

Popular Diploma in Banking, Finance & Insurance Colleges in India

Following are the most popular Diploma in Banking, Finance & Insurance Colleges in India. Learn more about these Diploma in Banking, Finance & Insurance colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
10.5 L - 12.5 L
4.2
1 Course
12.7 L
3.8
2 Courses
14 L
3.6

Banking, Finance & Insurance Applications open. Apply Now

1 Course
9.75 L
4.1
MNC Co-Certified PGDM with Industry Collaborations: IBM,JLL,Manpower. Highest CTC 9.25L
4 Courses
23.24 L
15.2 LPA

Banking, Finance & Insurance Applications open. Apply Now

2 Courses
16 L - 22.5 L
32.85 LPA

Popular Private Diploma in Banking, Finance & Insurance Colleges in India

7.9 K - 23.9 K
4.0
1 Course
10.75 L
12 LPA

Banking, Finance & Insurance Applications open. Apply Now

1 Course
9.75 L
4.1
MNC Co-Certified PGDM with Industry Collaborations: IBM,JLL,Manpower. Highest CTC 9.25L
1 Course
7 L
3 Courses
7.65 L
4.3

Banking, Finance & Insurance Applications open. Apply Now

1 Course
7.95 L
3.5
Premier B school in Kerala| Industry Exposure & Renowned Faculty|NBA,ACBSP Accredited

Popular Exams

Following are the top exams for Diploma in Banking, Finance & Insurance. Students interested in pursuing a career on Diploma in Banking, Finance & Insurance, generally take these important exams.You can also download the exam guide to get more insights.

18 Aug ' 26 - 24 Aug ' 26

CFA 2026 August Level 1 Exam

11 Nov ' 26 - 17 Nov ' 26

CFA 2026 November Level 1 Exam

To Be Notified:

URAT PG 2026 Application Process (Phase 1)

TENTATIVE

To Be Notified:

URAT PG 2026 Admit Card & Time Table

TENTATIVE

29 Apr ' 26 - 30 May ' 26

AMU BA LLB Objection Window 2026

29 Apr ' 26

AMU BA LLB Answer Key 2026

Popular Diploma in Banking, Finance & Insurance Specializations

Following are the most popular Diploma in Banking, Finance & Insurance Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.

Popular Specializations

Popular Diploma in Banking, Finance & Insurance UG Courses

Following are the most popular Diploma in Banking, Finance & Insurance UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular Diploma in Banking, Finance & Insurance PG Courses

Following are the most popular Diploma in Banking, Finance & Insurance PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

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Student Forum

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Answered Yesterday

There is no direct answer to this because it all depends on which career you choose.  

CFAs earn higher in global finance, investing and portfolio management. But CAs earn better in traditional accounting, auditing and taxation. 

Candidates can still see a general outline of starting and the highest s

...Read more

J

Jaya Shukla

Contributor-Level 10

Answered a week ago

The PGDM in Finance at SASMIRA Business School Mumbai is an AICTE-approved two year full-time programme designed for practical industry exposure offering 88% placement rate with the highest package up to INR 12 LPA.

R

Rakshit Prabhakar

Contributor-Level 10

Answered a week ago

The Jindal School of Banking and Finance accepts several entrance exams to take admission to BCom programme. It is not compulsory to appear in only the SAT exam; students can also appear in exams such as UGAT, ACT, CUET, and JSAT. Valid marks in any of these exams will work for admission to the cour

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

Yes, admission to the Jindal School of Banking and Finance required valid marks in accepted entrance exam. The institute accepts some national-level and one college-level exam. Check the accepted exams and required scores in the table below:

Accepted Exams Required scores (≥)
JSAT50 percent
SAT1100 score
UGAT60 percentile
ACT27 points
CUET60 percentile

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

Those who are willing to get admission to the Jindal School of Banking and Finance BCom programme are required to fill out the online application form. Students must fulfil the eligibility criteria of the course. Students who have passed Class 12 with 50% marks can apply.

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

During the form filling of the Jindal School of Banking and Finance BCom programme, students need to attach some documents. The documents that are required to keep handy while form-filling are mentioned below:

  • Mark sheets of Class 10 and 12

  • Passport-sized photographs

  • Scorecard of entrance exam

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

Both Jindal School of Banking and Finance and Christ University are considered good options for pursuing BCom programme. The JSBF has 4.6 ratings on Shiksha and CU has 4.2 ratings. But if we compare the fees of both the institutions, CU is more affordable. See the fees comparison below:

College/UniversityBCom Fees

Jindal School of Banking and Finance

INR 20 lakhs 

Christ University

INR 6.36 Lakhs

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The BCom at Jindal School of Banking and Finance is a residential course offered in a full-time mode. The course is offered for four years and divided into eight semesters. Pursuing BCom from JSBF is considered a good choice because of the below-given features:

  • Industry-relevant Curriculum
  • Skill-based

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

After completing BCom from Jindal School of Banking and Finance, students can go for various career options. Students can choose the following given career paths after graduating from JSBF:

  • Financial Analyst
  • Investment Analyst
  • Equity Research
  • Wealth Advisors
  • Account Analyst
  • Consultants
  • Forensic Accountant

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

Yes, the Jindal School of Banking and Finance is a part of OP Jindal Global University (JGU), which is approved by the UGC and accredited by NAAC. So the curriculum of BCom at JSBF is also approved by the University Grants Commission (UGC). 

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

No, if you have any gap after Class 12, it will not affect admission to Jindal School of Banking and Finance BCom. The institute has not said anything about having a gap in academics. Students just have 50% marks in Class 12 and a valid score in the accepted entrance test. 

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

Yes, if you have 60% marks in Class 12, you can get admission to the Jindal School of Banking and Finance BCom programme. But having 60% in Class 12 is not enough to get admission; you have to clear the accepted entrance exam and get valid marks as per the cutoff. The basic eligibility of the course

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The admission window for BCom programme at Jindal School of Banking and Finance is open. The closing date is not released by the institute. Students seeking admission are suggested to apply for the course without waiting for the last date. Students who have passed Class 12 with 50% marks from any re

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The Jindal School of Banking and Finance accepts several national and one college-level exam for taking admission to BCom programme. Students are required to meet the eligibility criteria of the course in the first place. Students who have at least 50% marks in Class 12 are eligible for the course.

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The total four-year BCom fee at Jindal School of Banking and Finance is calculated based on different components. Check below for the breakdown of JSBF BCom total fee:

ComponentsAmount (4 years)
Tuition INR 10.5 L - 38.3 L
HostelINR 4.5 L - 14.24 L
One-time PaymentINR 50 K
TotalINR 15.5 L - 53.04 L

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The BCom fee at Jindal School of Banking and Finance is cumulative of different components. The tuition fee for one year is INR 5lakhs. However, the total fee of the BCom programme at JSBF is different, as several other charges are added to it. Charges such as accommodation, security deposit, and ot

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The Jindal School of Banking and Finance BCom fee is made up of various components. Some of the components of the fee are refunded by the institute, while some are non-refundable. The fee includes the exam fee, tuition fee, security deposit, etc. All the amounts that are named as deposits are refund

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

The BCom at Jindal School of Banking and Finance is offered in full-time mode with the duration of four years. The institute offers BCom programme in fours specialisations. Find the specialisations offered for BCom listed below:

•    BCom (Hons) in partnership with ACCA
•    BCom (Hons) in Capital Mar

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered a week ago

Yes, the Jindal School of Banking and Finance offers a fully residential BCom course. The duration of this course is four years, which is spread across eight equal semesters. The BCom at JSBF is offered in four specialised courses. Students have to meet the basic eligibility of the course and clear

...Read more

A

Anjali Sharma

Contributor-Level 10

Answered 2 weeks ago

ITM Navi Mumbai is highly regarded for Finance and offers strong opportunities for students through its specialised programs. Global Immersion Program provides experiences in Dubai providing exposure to international financial markets.

R

Rakshit Prabhakar

Contributor-Level 10

Answered 2 weeks ago

Yes, MS in Finance course at UMass Boston is a STEM designated program. This means students can get OPT extension of 36 months. This graduates of this programme has the employers like Bank of America, Liberty Mutual Insurance, Fidelity, TD Bank, etc. For admission to this course, GRE / GMAT course i

...Read more

A

Anya Aggarwal

Contributor-Level 10

Answered a month ago

After completing a degree in IT/Finance, several profiles open in different sectors such as FinTech, Data Analytics, Cybersecurity, and more. After a few years of work ex, they can work as Product Managers, BlockChain Developer, Data Scientists and more. There is a great demand of above profiles sin

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C

Chandeep Singh

Contributor-Level 10

Answered a month ago

The Uni of Naples Masters in Economics and Finance course duration is 2 years. The course is completely taught in English. The classes of this course are taught by academics from this university as well as other universities in Europe and the U.S. Students who want to take admission to this course a

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N

Nishtha Singh

Contributor-Level 10

Answered a month ago

Indian students pay USD 1,378 (INR 1.3 Lakhs) per semester for healthcare plans at Northern Illinois Uni. The plan is given via UHCSR and provides cover for medicines, emergency services, and mental health services. Students can waive this if they have healthcare of their own.

A

Akash Gaur

Contributor-Level 10

Answered a month ago

Yes, this can be considered really cool for Harvard University, as it covers the full tuition cost, housing, meals and other expenses if they can get in. 

Harvard is known to provide the 100% of demonstrated financial need for all Indian students.

B

Bhumika Vimal

Contributor-Level 10

Answered a month ago

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.

Read more 

Actuarial Science

D

Diya Nihalani

Contributor-Level 10

Answered a month ago

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 ea

...Read more

D

Diya Nihalani

Contributor-Level 10

Answered a month ago

Both fields are kind of different. They serve different purposes. You can choose on the basis of your long-term career goals. 

CFA is all about finance, investment & portfolio. It requires 3 years to cover and is good for you if you are seeking globally recognised credentials. It leads to quicker sal

...Read more

D

Diya Nihalani

Contributor-Level 10

Answered a month ago

Yes, You can get a job abroad after completing finance-related courses but the salary and position will depend on the course that you have studied like after globally recognised qualifications such as CFA, ACCA, CPA and MBA you can get jobs in multinational companies (MNCs) easily but after doing Di

...Read more

K

Kritika Tyagi

Contributor-Level 7

Answered a month ago

If you want to pursue finance-related courses then USA, UK, France, Canada, Singapore, and Australia are some of the top choices of students as these countries provide students with the access to major global financial hubs.

These countries also have some of the most popular universities like Harvard

...Read more

A

Aashi Srivastava

Contributor-Level 7

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