Diploma in Banking, Finance & Insurance: Admission 2025, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope

Updated on Apr 14, 2025 08:09 IST
Akansha Bisht

Akansha BishtContent Writer

Diploma in Banking, Finance and Insurance is a short-term course designed to equip students with the essential knowledge and skills required for entry-level positions in the financial services industry. The course covers all the elements related to banking and finance and trains students in the fields of banking, finance, insurance, investment, risk management, computer applications, IT, and more.

Diploma in Banking, Finance and Insurance, or DBFI, is offered at multiple levels, including After 10th Diploma, UG Diploma, PG Diploma, and PGDM. The eligibility criteria for these courses vary depending on the course level. DBFI courses are available in full-time, online, and distance modes. Some popular entrance exams conducted for course admission are CAT, MAT, XAT, CMAT, CUET-PG, and ATMA.

National Institute of Bank Management, Welingkar Mumbai, Birla Institute of Management Technology, FORE School of Management, and Shanti Business School are among some top Diploma in Banking, Finance and Insurance colleges in India. The average course fee ranges between INR 5 Lakh to 10 Lakh.

DBFI students can seek career opportunities in the Banking, Finance and Insurance sectors at various job positions. Some popular job profiles include Banking Associate, Customer Service Representative, Insurance Sales Agent, Financial Analyst, Loan Processing Officer, and Investment Advisor. The average salary of a Banking Associate is INR 3.4 LPA in India.

Interested candidates can continue reading the article to get more details on Diploma in Banking, Finance and Insurance courses.

Links relevant for Diploma in Banking and Finance courses:

NTA CUET UG 2025: Exam Date Sheet (Soon), Syllabus, Admit Card, Question Paper, Pattern

CUET UG 2025 Datesheet for Commerce (Soon): Subject-wise Exam Date, Slots and Timing

Fundamentals of Financial Management That You Must Know

Diploma in Banking, Finance, and Insurance Course Details: Highlights 

Diploma in Banking, Finance and Insurance prepares students for employment in Banking, Financial services, Insurance, Investment, Risk Management, and Information Technology sectors. Here are some key highlights of the DBFI course for candidates' reference:

Parameters Diploma in Banking, Finance and Insurance Course Details
DBFI Full Form Diploma in Banking, Finance, and Insurance
DBFI Course Level After 10th Diploma, UG Diploma, PG Diploma, and PGDM
DBFI Mode of Study

Online, Full-time, and Distance

DBFI Course Duration

PG Diploma: 2 Years

UG Diploma: 1 Year

After 10th Diploma: 2/3 years

DBFI Admission Criteria

Merit and Entrance Exam-based

DBFI Eligibility Criteria

PG Diploma/PGDM: A bachelor's degree in BFSI from a recognized university.

UG Diploma: Class 12 with preferably Mathematics subject from a recognized board.

After 10th Diploma: Class 10 or equivalent from a recognized educational body.

DBFI Top Entrance Exams

CAT, CMAT, XAT, MAH MBA CET, CUET, GMAT, NMAT, etc.

DBFI Course Fee

Between INR 5 Lakh to 10 Lakh

DBFI Top Colleges National Institute of Bank Management, Welingkar Mumbai, Birla Institute of Management Technology, FORE School of Management, and Shanti Business School, etc.
DBFI Average Salary INR 3.4 LPA
DBFI Top Recruiters

Kotak Mahindra Bank, HSBC Electronic Data Processing India Pvt. Ltd., Reliance ADAG, Barclays Bank PLC, Bajaj Capital Ltd.

DBFI Job Positions Customer Service Representatives, Financial Advisors, Insurance Sales Agents, Insurance Underwriters, Financial Analysts, etc.

Note: This information is sourced from external sites and may vary.

DBFI Course Relevant Information:

CUET UG Total Marks 2025: Check Stream Wise Marks; Marking Scheme

Scholarships for Commerce Students

 

Q:   What is the scope of DBFI in India?
A:

Students will gain a fundamental understanding of the Banking, Finance and Insurance industry through this course. The Indian financial sector's exposure to international competition and liberalization has resulted in a demand for professional banking and financial experts. The programme prepares students for employment in the field of Banking and Finance to get a leadership or managerial position.

Students can also pursue a Bachelor's degree in Finance and Banking after completing a Diploma. Students can opt for a bachelor's degree such as BBA and also post-graduate degrees like MBA and PhD after completing the Diploma in Banking Finance Insurance program.

Q:   What is the difference between Diploma in Banking Finance and Insurance and Diploma in Accounting and Finance?
A:

Though both the courses are similar, the course curriculum, syllabus, etc., may differ. Here is the comparison table for your idea:

ParametersDiploma in Banking and FinanceDiploma in Accounting and Finance
Course OverviewThis course is a Diploma level course that provides training and increases the competence of students to evaluate the constant changes pertaining to finance, methods of dealing with the financial crisis as well as the basis for bailouts for various banks across the countryThis course is a Diploma level course that makes students aware of different aspects of Accounting and Financial management policies which covers areas such as Fundamentals of Accounts and Finance, Indian Banking system, Use of technology in Accountancy and Finance, etc.
EligibilityClass 12 or Graduation with at least 50%Class 12 with at least 45-50%
Syllabus Principles & Practices of Banking, Business Economics, Taxation, Business Law, Retail Banking, etc.Fundamentals of Accounting, Accounting & Audit Practice, Financial Risk Management, Indian Financial System, etc.
Average FeesINR 500 - INR 30 LakhINR 10,000-60,000
Average SalaryINR 2-6 Lakhs Per AnnumINR 2-6 Lakhs Per Annum

Note: The information is sourced from external sites and may vary.

Q:   Can you share information about Diploma in BFI?
A:

Diploma in Banking, Finance, and Insurance is a specialised programme designed to give students a thorough understanding of the banking, finance, and insurance industries. Financial management, risk assessment, investment strategies, insurance products, and regulatory compliance are typical topics covered in this Diploma program. 

Banking, insurance, investment, and other related industries provide a diverse range of job options in the financial services business. A Diploma in Banking, Finance, or Insurance can be an excellent starting point for a variety of jobs such as Banking Officer, Insurance Agent, Financial Analyst, and more.

The curriculum of a Diploma programme like this is intended to be very relevant to the financial services industry. You will learn about banking operations, insurance products, financial markets, and regulatory frameworks, all of which are necessary for success in these industries.

Q:   For admission to BFSI UG Diploma do I have to appear for any entrance exam?
A:

Hi, most colleges offer admission to UG Diploma courses for BFSI on merit-based system. You'll still need to check the eligibility criteria though. Many colleges have other requirements based on their course curriculum. 

Q:   Are Finance courses in demand?
A:

Yes, in recent times and in dynamic nature, a Finance degree puts one in high demand for many entry-level and mid-level finance jobs. Finance experts are in charge of managing budgets, maximizing investments, and maintaining an organization's financial health. There is a growing demand for specialists who can advise people and companies on investment strategies, portfolio management, and financial planning.

Table of content
  • Diploma in Banking, Finance and Insurance Eligibility Criteria
  • Diploma in Banking, Finance and Insurance Entrance Exams 2025
  • Diploma in Banking, Finance and Insurance Course Syllabus
  • Best Diploma in Banking, Finance and Insurance Colleges in India
  • Popular Private Diploma in Banking, Finance & Insurance Colleges in India
  • Diploma in Banking, Finance and Insurance: Job Profiles, Salary & Top Recruiters
  • Diploma in Banking, Finance & Insurance Course FAQs
  • Most Popular Courses
  • Popular Diploma in Banking, Finance & Insurance UG Courses
  • Popular Diploma in Banking, Finance & Insurance PG Courses
View More

Diploma in Banking, Finance and Insurance Eligibility Criteria

The eligibility criteria for the Diploma in Banking, Finance and Insurance or DBFI course vary depending on the course level and individual colleges' requirements. However, in the table below, candidates can find a general idea of the Diploma in Banking, Finance and Insurance eligibility criteria

Course Level Eligibility Criteria
After 10th Diploma
  • Candidates who passed the 10th class/equivalent from any recognized institute/board are eligible to apply. 
UG Diploma
  • Pass Class 12 from (Commerce stream preferably) a recognized board. 
PG Diploma/PGDM
  • 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 a Bachelor’s degree or equivalent with a minimum of 50% marks in aggregate in any discipline.
  • Candidate must have obtained a valid score in national/state level entrance exams- CAT/ GMAT/ CMAT/ ATMA/ MAT/ XAT/ IMI test score. 

Note- This information is sourced from external sites and may vary.

DBFI Course topics you may find interesting:

Bank Exams: 10 Best Bank Exams To Gear Up For In 2025

What to Do After BCom in 2025- Courses and Career Opportunities

Diploma in Banking, Finance and Insurance Admission Process 2025

The admission process for a Diploma in BFSI can vary by institution, but typically involves either an entrance exam or merit-based admission.

STEP 1: Check Eligibility

The initial step is to check for the eligibility criteria set by the specific college for the specific program and ensure fulfilling they.

STEP 2: Prepare and Appear for Entrance Exams

Some universities or colleges may require entrance exams for the Diploma in Banking Courses, and the exam scores may be crucial in admission decisions.

STEP 3: Await Results

Now, the candidates must wait for the college or exam body to release the results and then check their score and the colleges providing admissions based on their rank.

STEP 4:  Counseling/Admission Process

This process involves document verifications and seat allocation based on merit; candidates then confirm their admission by paying the required fees.

Note: The admission information may vary depending on colleges; candidates are advised to check the official website of their desired college.

 

Q:   What are the eligibility criteria for admission to Diploma in Banking, Finance and Insurance?
A:

The eligibility criteria for different levels vary. Candidates desiring to enrol for the Diploma programme after 10th, UG and PG levels must check the eligibility criteria in detail in the article above. Some programs, particularly those offering undergraduate degrees, may have specific subject requirements. They may, for example, require a background in business, mathematics, or a similar discipline.

Q:   I am an Arts student. Can I pursue BFSI?
A:

Banking, Finance and Insurance studies are not limited to Commerce background. Coming from an Arts background, you can pursue a BFSI course or even sit for bank exams. However, Commerce stream is preferred in subjects or courses related to Accounting and Finances.

Q:   Which documents are required during Diploma in Banking admission process?
A:

Here are some important documents you must carry during the Diploma in BFSI application process:

  • Class 10 and 12 mark sheets
  • A relevant bachelor's degree (if applicable)
  • Passport-sized photographs
  • A valid ID proof (Adhaar Card, Passport, PAN Card, etc.)
  • Migration Certificate, etc.

Diploma in Banking, Finance and Insurance Entrance Exams 2025

Diploma in Banking and Finance programs are offered at various levels, including After 10th Diploma, UG Diploma, PG Diploma, PGDM, and so on. Hence, the entrance exams conducted also vary depending on the course level and the college. For candidates' reference, here are some popular BFSI entrance exams conducted in India for DBFI programs:

Entrance Exams Exam Dates Exam Schedule
CAT November 30, 2025 (Tentative) CAT Exam Date 2025
XAT January 4, 2026 XAT Exam Date 2025
MAT May 31 (PBT) and June 8 (CBT), 2025 MAT Exam Date 2025
CMAT November 2025 CMAT Exam Date 2025
ATMA June 1, 2025 ATMA Exam Date 2025
CUET-PG 13 Mar ' 25 - 01 Apr ' 25 CUET-PG Exam Date 2025
CUET UG 08 May ' 25 - 01 Jun ' 25 CUET UG Exam Date 2025

Note- The information is sourced from the official/counselling body of the institute/exam.

Diploma in Finance Course Relevant Information:

How to Get Admission in Central Universities Through CUET UG 2025: Check Registration Dates and Admission Process

CUET Expected Difficulty Level 2025: Is CUET Easy Or Complicated?

CUET vs Board Exams: Key Differences, Syllabus, and Preparation Tips

 

Important Exam Dates

DatesUpcoming Exam Dates
20 Jun ' 25

URAT PG 2025 Course-Wise Revised Answer Keys (if required)

24 Jun ' 25 - 30 Jun ' 25

URAT PG 2025 Phase II Application

02 Jul ' 25

URAT PG 2025 Document Submission for Admission

10 Jul ' 25

URAT PG 2025 First Merit List

20 Jun ' 25

LUACMAT Exam Date

Jul ' 25

LUACMAT Counselling

TENTATIVE
Jan ' 25 - Jul ' 25

SPSAT 2025 application form date

TENTATIVE
DatesPast Exam Dates
11 Jun ' 25 - 16 Jun ' 25

URAT PG 2025 Course-Wise Answer Keys

11 Jun ' 25 - 16 Jun ' 25

URAT PG 2025 Exam Dates

05 Jun ' 25

URAT PG 2025 Application Correction Process (Phase 1)

26 Jun ' 25

CFA 2025 May Level 1 Result

26 Jun ' 25

CFA 2025 Level 1 & 2 Invoice Payment Deadline (No...

21 Apr ' 25

AMU BA LLB Answer Key 2025

20 Apr ' 25

AMU Entrance Exam 2025 Exam Date - BA LLB

20 Jun ' 25

URAT PG 2025 Course-Wise Revised Answer Keys (if ...

23 Jun ' 25

URAT PG 2025 Result

Q:   How to prepare for CAT?
A:

Preparing for the Common Admission Test CAT can be a challenging task, but with the right approach and study plan, it is possible to succeed.

Here are some tips on how to prepare for CAT:

  1. Understand the Exam Pattern and Syllabus: Start by understanding the exam pattern and syllabus of CAT thoroughly. The exam consists of three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability.
  2. Make a Study Plan: Once you understand the exam pattern and syllabus, make a study plan that works best for you. Allocate time for each section, and include time for revision, practice tests, and solving previous year's question papers.
  3. Strengthen Your Basics: CAT is a test of your fundamental concepts in Mathematics, English and Logical Reasoning. Hence, focus on building a strong foundation by revising and practicing the basic concepts.
  4. Read and Analyze: To improve your Verbal Ability and Reading Comprehension, start reading newspapers, magazines, and books regularly. Analyze the content, style, and tone of the passages to gain a better understanding of the language.
  5. Practice Regularly: Practice is the key to success in CAT. Solve as many practice tests and previous year's question papers as possible to get familiar with the exam pattern and build your speed and accuracy.
  6. Time Management: CAT is a time-bound exam, and time management is crucial. Practice solving questions within the stipulated time frame to build your speed and accuracy.
  7. Join a Coaching Institute: If you find it challenging to prepare for CAT on your own, consider joining a coaching institute that offers specialised coaching for CAT. They will provide you with a structured study plan, guidance, and practice tests to help you prepare for the exam.

Remember, consistency, and dedication are key to success in CAT. Keep practicing and working hard, and you will achieve your goal.

Q:   What will be the CUET PG Cut off 2025 marks?
A:

CUET PG 2025 is a nation-level exam conducted for admissions to the master's degree and professional degree courses for around 197+ participating universities. NTA, the exam conducting body conducts the exam every year and the role of NTA is till the declaration of results. The exam officials don't release any specific CUET PG 2025 cut-offs.
CUET PG cut-off 2025 will be released by the participating universities individually depending upon the number of registrations made by the candidates and the availability of seats.
Since CUET PG 2025 results and university-wise cut-off are yet to be released. Based on the input taken by the candidates on the CUET PG exam difficulty level, candidates can check out the expected cut-off below:

  • General Category: 190-210
  • OBC Category: 180-200
  • SC Category: 170-185
  • ST Category: 165-175
Q:   What is the difficulty level of the CUET exam?
A:

The difficulty level of the CUET exam ranges from moderate to tough. Since the CUET UG exam is held for multiple subjects and slots, the difficulty level of the exam varies from subject to subject. Sometimes, the difficulty level may also vary for different slots. The difficulty level of exam is also relative and the same exam's level of difficulty may vary for different candidates. While for the well prepared candidates, the difficulty level will be low, for the underprepared students, the level of difficulty will be on the higher side. 

Q:   Is the CAT syllabus difficult?
A:

Yes, the difficulty level of CAT syllabus is very high as compared to other MBA entrance exams. However, if you prepare well and follow the CAT exam pattern well, you will be able to score well. Besides having an understanding of the CAT syllabus 2025, candidates also need to be well aware of the CAT exam pattern before they start preparing for the exam. The CAT exam pattern was revised in 2021 and the number of questions were reduced from 76 to 66. The structure of CAT 2023 and CAT 2024 was the same. The syllabus is still tougher than other exams.

The most important things to keep in mind are:

  1. CAT exam mode is online
  2. Each question carries three marks 
  3. There is negative marking of minus one mark for wrong attempts

The section-wise distribution of questions and difficulty levels as per the latest CAT exam pattern are listed below:

  • Quantitative Ability (QA) - 24 questions, difficulty level - moderate to high 
  • Data Interpretation and Logical Reasoning (DILR) - 20 questions, difficulty level - moderate 
  • Verbal Ability and Reading Comprehension (VARC) - 22 questions, difficulty level - moderate. to high

Diploma in Banking, Finance and Insurance Course Syllabus

The syllabus and subjects for Diploma in Banking and Finance programs may vary depending on the course level, duration, type, and the college offering the program. For candidates' reference, here's the syllabus for a 1-year-long UG Diploma in Banking and Finance course:

UG Diploma in Banking and Finance Subjects Semester I
Practices And Principles Of Banking Banking Environment And Operations
Banking Law And Practice Retail Banking
Organizational Behavior -
UG Diploma in Banking and Finance Subjects Semester II
Banking Products and Services Strategies for Banking Risk and Marketing Management
Mutual Fund Agent Taxation
Business Communication and Etiquette -

Note: The information is sourced from external sources and may vary.

Suggested links for Diploma in Finance:

What is Financial Market: Types and Importance

Different Types of Markets in Economics

Understanding Finance Functions

 

Popular Specializations

Q:   What are the reference books that one can use to study for a Diploma in Banking, Finance & Insurance course?
A:

Some of the famous reference books for Diploma in Banking, Finance and Insurance include Legal & Regulatory Aspects of Banking by IIBF, The Economics of Money, Banking and Financial Markets by Frederic Mishkin, Global Banking by Ingo Walther, Digital Banking by IIBF, and The Principles of Banking by Moorad Choudhry.

Q:   Is there any project work in Diploma in Banking, Finance and Insurance?
A:

Yes, Research projects in the Diploma in Banking and Finance program, equip students for project management roles in financial consultancies. These projects focus on teaching students the key factors influencing successful research and effective strategies for their implementation within the realm of banking and finance.

Diploma students specializing in banking and finance have the opportunity to establish connections with financial consultancies, providing them with valuable experiential learning. To develop a comprehensive set of practical and theoretical skills, students are required to complete a research project by the end of the semester.

Q:   What are the different types of Diploma courses in BFSI?
A:

The various courses offered at different levels of education in the field of Diploma in Banking, Finance and Insurance are given in the table below along with their course duration:

After 10th Diploma Courses

Course Duration

Banking, Finance, and Insurance Sector (BFSI) 

3 years 

Diploma in Insurance and Risk Management 

1 year 

Diploma in Reinsurance 

1 year 

Diploma in Insurance Underwriting 

1 year 

Diploma in Financial Risk Management 

1 year 

Diploma in Mutual Funds 

1 year 

Diploma in Money and Banking 

1 year 

Diploma in Banking 

1 year 

Diploma in Insurance and Risk Management 

1 year 

UG Diploma Courses

Course Duration

Diploma in BPO Finance and Accounting 

1 year 

Diploma in Banking & Finance 

1 year 

Diploma in Treasury, Investment and Risk Management 

150 hours 

Advanced Diploma in Banking, Finance and Insurance 

1 year 

PG Diploma Courses 

Course Duration

Post Graduate Program in Banking and Finance 

1 year 

Post Graduate Diploma in Financial Technology 

2 years 

PG Diploma in Financial Services 

1 year 

Post Graduate Diploma in Banking and Finance (PGDBF) 

1 year 

PG Diploma in Capital Marketing Management 

1 year 

Post Graduate Diploma in Financial Management 

1 year 

Online Post Graduate Diploma in Finance 

1 year 

Post Graduate Diploma in Insurance and Risk Management 

1 year 

Note: The information is sourced from external sites and may vary.

Q:   Which subjects are offered in different DBFI courses?
A:

The syllabus for various courses offered at different levels of education in the field of Diploma in Banking, Finance and Insurance is given in the table below:

Diploma in Banking, Finance and Insurance Subjects

UG Diploma in Banking, Finance and Insurance 

  • Banking Theory and Practice
  • Principles and Functions of Management
  • Marketing of Services
  • Technology in Finance and Service Delivery 

PG Diploma in Banking, Finance and Insurance 

  • Fundamentals of Accounting & Business Mathematics  
  • Banking Theory and Practice  
  • Theory, Law and Practice of Life Insurance 
  • Theory, Law and Practice of General Insurance 
  • Legal Aspects of Banking

Note- This information is sourced from external sites and may vary.

Best Diploma in Banking, Finance and Insurance Colleges in India

There are more than 400 Diploma in Banking, Finance and Insurance colleges in India offering DBFI courses at various levels. Among them, around 205 are private and 55 are government colleges. In the tables below, candidates can find some top BDFI college options. 

Best Government Colleges for Diploma in Banking, Finance and Insurance

IIRM Hyderabad, UNIPUNE, AMU, Tata Institute, etc., are some top choices among students for DBFI courses. Students can find some more similar government college options in the table below:

Best Government Colleges Tuition Fee
IIRM Hyderabad INR 1 Lakh - 9.5 Lakh
IGNOU - Indira Gandhi National Open University INR 10,000 - 20,000
The Maharaja Sayajirao University of Baroda INR 8,120 - 15,480
University of Madras INR 500
Aligarh Muslim University INR 8,000
YCMOU Nashik INR 41,990
Tata Institute of Social Sciences INR 96,000
Guwahati University INR 7,000
University of Rajasthan INR 2,410
Garware Institute of Career Education and Development, MU INR 6.61 Lakh

Note: The information is sourced from the official website/ counselling body of the institute/exam.

Best Private Colleges for Diploma in Banking, Finance and Insurance

Welingkar, IMI Bhubaneshwar, Delhi School of Business, FORE School, etc., are some top choices among students for BDFI courses. Students can find some more similar private college options in the table below:

Best Private Colleges Tuition Fee
Birla Institute of Management Technology INR 13 - 14 Lakh
FORE School of Management INR 20.77 Lakh
Fortune Institute of International Business INR 11.55 Lakh
Great Lakes Institute of Management, Gurgaon INR 7.75 Lakh - 11.5 Lakh
IMI Bhubaneswar INR 14.3 Lakh
ISBR Business School INR 11 Lakh - 12.5 Lakh
I Business Institute INR 9.85 Lakh
Jagdish Sheth School of Management INR 16 Lakh
Shanti Business School INR 7.45 Lakh
Prin. L. N. Welingkar Institute of Management Development and Research INR 2 Lakh - 14 Lakh

Note: The information is sourced from the official website/ counselling body of the institute/exam.

Recommended Links for Diploma in Banking and Finance:

Banking, Finance & Insurance Colleges in India - Courses, Fees, Admissions 2025, Cutoff, Placements

Online Banking, Finance & Insurance Courses and Colleges in India

List of Finance Colleges in India

 

4 Courses
20.77 L
15 LPA
2 Courses
13 L - 14 L
10.5 LPA
2 Courses
1.26 L - 14 L
10 LPA
2 Courses
7.75 L - 11.5 L
11.5 LPA
11 L - 12.5 L
7 LPA

Banking, Finance & Insurance Applications open. Apply Now

1 Course
16 L
8 LPA
Q:   Which are the best distance colleges for DBFI in India?
A:

Many colleges offer Diploma in Banking, Finance, and Insurance on distance mode. Here are some popular college options for your reference:

DBFI Distance CollegesTuition Fee
IIRM HyderabadINR 1 Lakh
IGNOUINR 10,000 - 20,000
Madras University Distance EducationINR 12,400
EduKart.comINR 69,000
YCMOU NashikINR 41,990

Note: The information is sourced from the official body and may vary.

Q:   What is the fee for DBFI?
A:

There are more than 400 Diploma in Banking, Finance & Insurance colleges in India and fee structre of every college varies depending on its course level, type, curriculum, college rating, placement record, etc. However, the average DBFI tuition fee ranges between INR 500 to INR 30.07 Lakh.

Q:   Which Diploma in Banking and Finance college offers the best placement options in India?
A:

Here are some of the best Diploma in Banking and Finance college options offerng the best placement opportunities to BFSI students in India:

Diploma in BFSI CollegesAverage Package Offered
SP Jain (SPJIMR) PlacementsINR 22.8 - 30 LPA
IMI Delhi PlacementsINR 16.6 LPA
IMT Ghaziabad PlacementsINR 15 LPA
FORE School of Management PlacementsINR 15 LPA
GICEDEDU PlacementsINR 15 LPA

Note: The information is sourced from the official website/ counselling body of the institute/exam.

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

11 L - 12.5 L
7 LPA

Banking, Finance & Insurance Applications open. Apply Now

2 Courses
14.75 L - 15.75 L
3.9

Banking, Finance & Insurance Applications open. Apply Now

3 Courses
11.3 L
4.3
3.05 L

Banking, Finance & Insurance Applications open. Apply Now

1 Course
7 L
4.1

Diploma in Banking, Finance and Insurance: Job Profiles, Salary & Top Recruiters

The career scope of a Diploma in Banking and Finance is vast, with a lot of opportunities for students in various allied fields. After completing a Diploma in BFSI, a student can start their career journey with a bank, insurance company, CA firm, or finance department of an MNC. Here are some common job profiles that a Diploma in BFSI usually goes for:

Job Profiles

Job Description 

Average Salary

Specialist Officers 

In the Banking sector, the role of the Specialist Officers is to promote loan and credit facilities in rural areas. Specialist Officer ensures the communication between the bank and the public and maintains reports. 

INR 8.9 LPA 

Investment Bankers

Investment bankers help their clients/businesses raise capital through the issuance of securities.  

INR 14.2 LPA

Financial Analysts

Financial Analyst provides guidance to its clients for investment decisions and assesses the performance of investments. Financial Analysts also analyse the wealth of the company for future investments 

INR 6.2 LPA

Claim Adjusters

The role of the Insurance Claim Adjuster is to assess the amount of damage that has to be paid to the customer who incurred the loss. 

INR 3.2 LPA 

Financial Consultants

Financial Consultant analyzes the risk and develops financial strategies for its clients. They also monitor the changes in the financial status. 

INR 6.3 LPA

Claims Specialists

The Insurance Claim Specialist reviews the insurance submitted by the customer to claim the damages. An insurance claim specialist ensures that the procedure is carried out properly to pay the customer. 

INR 4.2 LPA 

Insurance Agents

An Insurance Agent identifies, contacts, and sells the insurance policies to the customer.  

INR 2.3 LPA 

Note- The above salary has been taken from Ambitionbox.com.

Links useful for Diploma in Banking courses:

Banker Career Options - Career Guidance for Bankers

How to Become a Certified Financial Risk Manager

Career in Banking Sector: Check Salary, Eligibility, Promotion & Preparation

Bank Courses for Job: Check Eligibility, Salary, & Career Growth

Investment Banking jobs 2025: Salary & Placement Trends

Diploma in Banking, Finance and Insurance Top Recruiters 

Some of the top recruiters for the Banking, Finance, and Insurance sectors are: 

Top Recruiters
Eureka Forbes  Adani Group 
HCL  Wipro 

Capgemini 

Tech Mahindra 
Coca-Cola  Micromax 
Genpact  Just Dial 

Note: The information is sourced from external sites and may vary.

 

Q:   What is the career scope of DBFI course?
A:

After the successful completion of this course, graduates have opportunities to join reputed banking and investment sectors holding entry level positions in both government sector and private sector.

They are trained in various aspects of Banking and Finance, making them an ideal person for jobs in stock markets, financial firms and much more. Students are rendered with skills of investments and financial management sectors, gaining knowledge of corporate finance, investments & securities, which can land them with higher paying jobs for both freshers and experienced professionals.

Q:   What is the average placement package offered to Diploma in Banking, Finance & Insurance student?
A:

Here are some popular colleges' list that offer great placement opportunities to DBFI students in India:

Best DBFI CollegesAverage Package Offered
SPJIMR PlacementsINR 2.89 - 32 LPA
Gicededu PlacementsINR 15 LPA
GIM Goa PlacementsINR 15 LPA
IMI Delhi PlacementsINR 14.17 LPA
IMT Ghaziabad PlacementsINR 14 LPA

Note- This information is sourced from the official website/ counselling body and may vary. 

Q:   Which are the top recruiting sectors for BFSI in India and abroad?
A:

There are a lot of areas to explore for the students to opt for banking and insurance. Here are some areas where they will work in
the future after completion of their respective degrees/ courses.

1. Government Sector (Banking, Finance, and Insurance sector)
2. MNCs (Banking, Insurance, and Finance sector)
3. Freelancing (Consultant, Advisor, Strategist, Agent, Assistant, Marketing Agent, and more.

Q:   Which is the highest paying job in BFSI?
A:

BFSI students can work in various industries including Finance, banks, MNCs, and more. The salary package depends on the skillset, relevant experience, and job position of an employee. However, the salary of a Financial Analyst is INR 6 LPA in India.

Diploma in Banking, Finance & Insurance Course FAQs

Candidates can refer to this section for Diploma in Banking, Finance & Insurance Course FAQs.

Q:   What job can I get with Diploma in Banking, Finance and Insurance?
A:

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.

Q:   What are the skills required to pursue DBFI?
A:

Those interested in enrolling in Diploma in Banking Finance Insurance courses should have a set of skills to better understand issues and build their professional competencies. Such abilities are also necessary for a successful career and growth. The required skills are as follows:

  • Communication Skills
  • Relationship Building
  • Accounting proficiency
  • Critical Thinking
  • Financial Knowledge
  • Research-oriented

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

qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 12 hours ago

At campus health centers, using student insurance is usually simple. The health center typically has your insurance information on file for university-sponsored plans; just show your student ID when you check-in. Compared to off-campus care, some services might be completely covered or have lower co

...Read more

R

Rupali Arora

Beginner-Level 5

Answered 12 hours ago

In health insurance routine dental and vision care is either not covered at all or only partially by the majority of standard student health insurance plans in the United States. Also, plans which are sponsored by universities usually only pay for emergency dental care for conditions like serious in

...Read more

N

Nishtha Sharma

Beginner-Level 5

Answered 12 hours ago

In the USA, students who do not have health insurance can suffer quite a lot. It might be against university regulations and visa requirements for international students, which could have an impact on your academic standing and immigration status. The majority of colleges can automatically charge un

...Read more

P

Piyush Singh

Beginner-Level 5

Answered 12 hours ago

Generally, your home country's insurance will not cover the American healthcare system or meet university requirements in the United States. The absence of U.S. provider networks in home-country plans leads to more expensive out-of-network care. Furthermore, they frequently lack coverage gaps for me

...Read more

J

Jasleen Hazarika

Beginner-Level 5

Answered Yesterday

The duration of Bath University MSc in Finance course is 1 year. By studying this course, students are going to learn practical and technical skills. Additionally, students are going to work with and learn from industry experts. The technical skills that students are going to learn that employers lo

...Read more

78590192
Akanksha Malhotra

Contributor-Level 10

Answered Yesterday

Rajagiri College of Social Sciences BCom (Hons) Model I: Finance & Taxation is a four-year programme. It follows the Choice-based Credit System (CBCS). The course curriculum comprises various core and elective subjects. Further, candidates can choose to pursue the course with additional certificatio

...Read more

H

Himanshi Pandey

Contributor-Level 10

Answered 4 days ago

The language of instruction for the University of Tuebingen MSc in Economics and Finance is English. The course is for 4 semesters. To take admission to this course, a Bachelor's degree in Economics, Business Studies or a related field is required. Additionally, the applicants are expected to have s

...Read more

I

Ishita Singh

Contributor-Level 9

Answered 6 days ago

Yes, many institutions support, or prepares students for global certifications such as the Certified Clinical Research Associate (CCRA) or Association of Clinical Research Professionals (ACRP) exams.
These certifications are helpful for career progression particularly if a candidate will be pursuing

...Read more

M

Mamona Jain

Contributor-Level 10

Answered 2 weeks ago

Imperial School of Banking and Management Studies course admissions are based on entrance examscores. The institute offers PGDM in Financial Management courses. Apart from the PGDM, the institute also offers PGP courses at the PG level. IMPERIAL admissions to PGDM courses are based on scores of any

...Read more

S

Shikha Arora

Contributor-Level 10

Answered 2 weeks ago

Imperial School of Banking and Management Studies offers courses in the fields of Management. Students seeking admission must meet the course-specific eligibility and selection conditions. The detailed eligibility criteria for some of the courses are mentioned in the table below:

Course NameEligibility

PGDM

Graduate with a minimum 50% aggregate

PGP

Graduate in any stream

S

Sanjana Dixit

Contributor-Level 10

Answered 2 weeks ago

To secure a seat at Imperial School of Banking and Management Studies, students can check the following steps presented below:

  1. Visit the official website and complete the online application process. 
  2. Ensure eligibility and merit or entrance-based selection for all programs.
  3. The selection criteria is me

...Read more

L

Liyansha Gaurav

Contributor-Level 10

Answered 2 weeks ago

Candidates seeking course admission at Imperial School of Banking and Management Studies, cannot enrol for direct admission. The college admits students based on scores from entrance exam score as per course requirement. To enrol for course admission, students must apply through the official website

...Read more

V

Virajita Arora

Contributor-Level 10

Answered 2 weeks ago

The admission process at Imperial School of Banking and Management Studies is based on an entrance exam as per the course requirement. Candidates looking for course admission must meet the eligibility criteria set by the college. Aspirants must pass graduation for PG and PGP courses.

P

Pragati Taneja

Contributor-Level 10

Answered 2 weeks ago

The application process for admission to the IIRM Hyderabad PG Diploma in Actuarial Science (PGDAS) course is conducted in online and offline mode. For online application, candidates must visit the institute's official website and click on 'Apply' under the 'Admissions' tab displayed on the homepage

...Read more

H

Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

SKIPS offers MBA or Post-Graduate Diploma in Management programme in Applied Finance as a full-time course with a tptal of six semesters. The subjects taught in the first semesters are listed below:

  • Quantitative Techniques for Finance      
  • Financial Reporting & Analysis  
  • Managerial Economics  
  • Managem

...Read more

R

Ranjeeta Rai

Contributor-Level 10

Answered 2 weeks ago

Based on the age, location, and type of coverage, the cost of private healthcare ranges from £30-£200 monthly. Healthcare policies, on a basic level, will cost £30-£90 monthly. And, if, as a student, you are going for comprehensive healthcare, then it will cost you around £100-£200+ monthly. The stu

...Read more

A

Aashi Shukla

Contributor-Level 7

Answered 2 weeks ago

The medical insurance for international students in UK will cost £776 per annually. This is the Immigration Health Surcharge, paid during the visa application, along with the visa fees. This will allow the students to gain access to NHS services, which will make healthcare affordable, except for den

...Read more

A

Abhishek Mehra

Contributor-Level 7

Answered 2 weeks ago

No, international students are required to buy the medical insurance for a year or less from their home country insurance provider. They can buy a travel policy or a private medical insurance, depending on the period of the stay. After the first year, it is mandatory for international students to bu

...Read more

R

Rashmi Shekhar

Contributor-Level 7

Answered 2 weeks ago

The timely purchase of medical insurance is advised for all international students planning to study in Ireland. Starting early will help the students in making the right choice regarding the insurance provider. They can also get time to compare the cost of various available policies and get the ins

...Read more

J

Jagriti Shukla

Contributor-Level 7

Answered 2 weeks ago

A comprehensive medical insurance is needed by international students planning to study in Ireland. The insurance must provide a coverage of minimum of €25,000 for accident and €25,000 for illness. Also, it should cover any period of hospitalization through out the term of the insurance. Repatriatio

...Read more

U

Upasana Khandelwal

Contributor-Level 7

Answered 2 weeks ago

Yes, medical health insurance is a crucial requirement for international students who are planning to study in Ireland. The health care system in Ireland provides access to essential medical services to Irish citizens. However, this heath care facility is not available for non-European Union (EU) an

...Read more

V

Virajita Bisht

Contributor-Level 7

Answered 2 weeks ago

Initially, the subjects offered in the first semester of the MBA in Financial Management course at SLIMS, a GTU-affiliated college, offer the subjects that create a foundational base of Management and Finance subjects. The list of the subjects offered are as follows:

  • Managerial Communication
  • Organisat

...Read more

A

Atul Pruthi

Contributor-Level 9

Answered 3 weeks ago

Your choice for the type of health insurance provider in Germany should depend on your individual requirements. Public insurance plans are much affordable; yet do not cover many health conditions. Private health insurance for foreign students in Germany has a much broader scope, but might be costlie

...Read more

R

Raushan Kumar

Contributor-Level 10

Answered 3 weeks ago

Until you are formally enrolled at the university, your health insurance plan cannot be activated. Insurance companies in Germany issue a digital confirmation to your university to verify if you are registered with them. You will then be required to collect your enrollment certificate from the unive

...Read more

R

Raushan Kumar

Contributor-Level 10

Answered 3 weeks ago

Most agencies providing public health insurance for foreign students in Germany cover pre-existing conditions. However, the insurance regulations for such conditions depend on the provider itself. Hence it is best to get confirmation from your provider. In case you are enrolled with a private insura

...Read more

R

Raushan Kumar

Contributor-Level 10

Answered 3 weeks ago

After your education in Germany is completed, and you are returning to your home country, you can simply contact your healthcare provider to terminate your contract for student health insurance in Germany. For this, you need to connect with your insurance agency and follow the exact process suggeste

...Read more

R

Raushan Kumar

Contributor-Level 10

Answered 3 weeks ago

Students who are eligible for public health insurance in Germany can usually switch to private health insurance providers after a certain period (typically a year). However, if you have availed private health insurance for foreign students in Germany, it might be almost impossible to switch to a pub

...Read more

R

Raushan Kumar

Contributor-Level 10

Answered 3 weeks ago

FIIB Delhi's PGDM in Financial Management is a two-year programme. It is divided into six terms. Some details about the programme structure are as follows:

  • The course structure is divided into two major and two minor specialisations, out of which, students are required to choose one major and one min

...Read more

H

Himanshi Pandey

Contributor-Level 10

Answered 3 weeks ago

To get a seat in the part-time MMS Financial Management course offered at TIMSR Mumbai, candidates are required to get selected for the course after following the complete selection process. the process to get admitted to the course is as follows: 

  • In selecting the candidate for admission, weightage

...Read more

T

Tanisha Pandey

Contributor-Level 10

Answered 4 weeks ago

To apply for Master of Finance course of Macquarie Uni, students can apply online by filling out the application form. For the one-year course, the applicants are required to have AQF Level 7 Bachelor's qualification in a related field or recognised equivalent or AQF Level 8 Bachelor's Honors or Gra

...Read more

C

Chandra Chaudhary

Contributor-Level 9

Find insights & recommendations on colleges and exams that you won't find anywhere else

On Shiksha, get access to

  • 65k Colleges
  • 1k Exams
  • 664k Reviews
  • 1600k Answers