Post Graduate Diploma in Management Finance Top Colleges, Syllabus, Scope and Salary

Post Graduate Diploma in Finance Management is a 1-year full time postgraduate diploma course, the eligibility for which is a graduation degree in any course with an aggregate of 50% marks or above from a recognized university. It is divided into two semesters of six months each. The cut-off marks for application in this course varies from institute to institute. In various recognized universities, there are entrance tests held followed by an interview to judge the eligibility of the candidate seeking admission.

The course is best suited for those who wish to work in the banking and financial service industries such as insurance and mutual funds among others. The program, besides providing the knowledge of operational aspects of banking and finance, also builds and hones the candidate’s managerial and technical skills. Candidates seeking a job in the finance related sectors will benefit as they can gain the knowledge of the duties and responsibilities of a Financial Manager, a very important and significant position in industries in both private and government sectors.

The program offers fresh and young talents an introduction to the finance services across the sectors. Students will learn the duties and responsibilities involved in the job of a Financial Manager of an organization, enhancing their experience and expertise in the finance field. Starting from the principles and practices of management to managerial economics and management of a bank, this course is all-inclusive and well-rounded as far as the managerial and technical aspects in the financial sector are concerned.

Top Institutes offering this course are:

• Advanced Institute of Management
• Presidency College
• Bundelkhand University
• Acton Business School
• Ahmedabad Management  Association
• Annamalai University                     

Such professionals may be hired as Bank Manager, Financial Analyst, Treasurer, Accountant, Financial Manager, Portfolio Manager, etc. in companies such as AIG (Bangalore), Boeing (Bangalore), Philips (Bangalore), JP Morgan Chase (Asset Management (Bangalore), Banks, Research Institutes, etc.

The average full time fee charged for the course in India ranges between INR 25,000 to 4 lakhs per academic year, and the average salary offered to such professional’s ranges between INR 2 lakhs to INR 15 lakhs per annum, increasing with experience and expertise.

Post Graduate Diploma in Finance Management: Course Highlights

Post Graduate Diploma in Finance Management: What Is It About?

The course has been designed to offer the eligible students a comprehensive and well-round up curriculum on various aspects of financial management such as working capital management, international finance, and mergers and acquisitions among others. The course will help the students hone their knowledge of the duties and responsibilities of a financial manager. It will help understand the process and knowledge involved in analysing cost centre, expenses and profits of an organization, making effective balance sheets, while also understanding the aspect of minimizing cost and maximising the profit. Students will be required to possess basic managerial skills, analytical skills, and problem-solving abilities.

Even the established managers can benefit from the course by enhancing their knowledge in the financial services. The course will produce able and efficient financial managers who will be an asset to the organization they are hired in, helping it sort and figure its financial responsibilities and liabilities.

The course takes into consideration wide and varying aspects of financial management which includes the principles and practices of management, a special study of the Indian banking and financial system, capital market, management of bank, macro-economics, micro financing, and will be concluded with a project report to test the ability of the candidates to apply the theories in practical situations.

Post Graduate Diploma in Finance Management: Top Institutes

Post Graduate Diploma in Finance Management: Eligibility

Candidates wishing to apply for the course need to have completed their graduation degree with an aggregate of 50% marks or above in any stream from a recognized university. After application, an entrance test followed by an interview may be held to judge the eligibility of the candidate for the course.

Post Graduate Diploma in Finance Management: Admission Process

Most institutes offering the course admit the students based on their performance in an entrance exam conducted by the university/college/institution. However, admission process generally varies across colleges.

A few institutes also provide direct admission based on the candidate’s performance in his/her B.A. degree.

Some such entrance tests and counselling held in the country for admission are:

• Bharthi Vidyapeeth University, Maharashtra
• Bhabha Institute of Management Science, Rajasthan
• Bundelkhand University, Jhansi

Post Graduate Diploma in Finance Management: Syllabus and Course Description

A semester-wise breakup of the course’s syllabus is tabulated here.

Post Graduate Diploma in Financial Management: Career Prospects

This course caters to the students who seek a career in the financial services industry in areas such as mutual funds, banks, and other financial sector units. An organization, no matter how big or small, national or international, will always need its financial managers to interpret and analyse the present financial status of the country which in turn shapes the financial status of the organization. They are also responsible for interpreting financial information, devise techniques to minimize cost and maximize profits. The course offers a comprehensive study of the different aspects of financial management which helps the candidate gain knowledge about the duties and responsibilities of a financial manager. It covers a critical learning of the working capital management, international finance and mergers and acquisition among others.

Such professionals, after the successful completion of the course can seek employment in both government and private sectors including banks and other such financial service units. They serve as assets to such organizations due to their enhanced skill and knowledge in financial management. Besides studying the principles of financial management, the course also delves into international finance, taxation, investment management and the likes. These candidates are expected to possess sharp logical, analytical, and problem-solving abilities to be able to sustain and thrive in the ever-growing financial market of the country and world. Even established managers can benefit from the course since it will help them gain further knowledge in the subject, allowing further promotion in their career.

A PGD degree in finance management requires the candidates to have a strong knowledge of the economic and political status and developments in the world to be able to make relevant and efficient financial decisions for an organization.

They may be hired as Bank Manager, Financial Analyst, Treasurer, Accountant, Financial Manager, Portfolio Manager, etc. In companies such as AIG (Bangalore), Boeing (Bangalore), Philips (Bangalore), JP Morgan Chase (Asset Management (Bangalore), Banks, Research Institutes, etc.

Some of the popular professional avenues open to successful graduates of the course are listed below with the corresponding salaries offered for the respective positions.

Aspirants seeking admission to 2 year Full-time PGDM Program should meet the following criteria as specified by the institute.

Academic Requirement:-

Candidate must have passed Minimum eligibility for application to the ITM PGDM programs is a bachelor’s degree (10+2+3) from any AIU recognized University with a minimum of 50%marks in the qualifying examination. Final year students may also apply.

Entrance Test:-

All applicants are required to appear for anyone AICTE approved entrance examination i.e. CAT/XAT/CMAT/ATMA/MAT/GMAT or state CET valid for
the academic year 2020 before applying to ITM-Group of Institutions.

Selection Process:-

Shortlisting for MPPI and final selection for admission to the above programs is based on your overall academic performance & followed by scheduled Micro
Presentation & Personal Interview. Shortlisted Candidates will be called to attend the MPPI Process selection rounds; Call-letter for the Selection Process is send
through email. The selection criteria for final admission is based on the following multiple factors:-

• Past academic performance.
• Entrance test scores.
• MPPI performance.
• WAT - Written assessment test
• Work experience (if any) after completion of your graduation.
• Extracurricular activities, other interests, and accomplishments.