Diploma in Banking and Finance is a specialization diploma course of 1 year for those who want to enter the sector of banking and finance.
The main objective of this program is to provide education, practical training and in-depth knowledge of various aspects of the banking and finance field to students, making them competent enough to get entry level jobs in these mentioned sectors.
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Diploma in Banking and Finance Job Sectors
After completing this entry level job oriented course, you may be employed in various banking and financial setups such as:
- Government Banks
- Private Banks
- Financial Company
- Financial Consultancy
- Insurance Firm
- Risk Management Firms
- MNCs
- PSU, and others.
Diploma in Banking and Finance Jobs
The most common jobs that one can go for after this course are Loan Counsellor, Security Analyst, Internal Auditors etc.
Apart from this, you are eligible for any entry level jobs of executives, associates and trainees getting a salary compensation of around INR 18,000- 25,000 monthly.
Below table shows some of the common jobs for both freshers and experienced professionals in the field of banking and finance, along with the Salary Scale:
Job Position | Lowest Salary | Average Salary | Highest Salary |
---|---|---|---|
Loan Officer | INR 1.87 | INR 2.46 LPA | INR 3.80 LPA |
Administrative Assistant | INR 2.36 LPA | INR 2.95 LPA | INR 5.08 LPA |
Bank Collection Agent | INR 1.82 LPA | INR 1.87 LPA | INR 3.25 LPA |
Market Analyst | INR 2.97 LPA | INR 3.62 LPA | INR 9.65 LPA |
Process Analyst | INR 2.00 LPA | INR 2.91 LPA | INR 5.25 LPA |
Financial Analyst | INR 3.14 LPA | INR 4.04 LPA | INR 11.0 LPA |
Internal Auditor | INR 3.41 LPA | INR 5.27 LPA | INR 7.23 LPA |
Credit Risk Manager | INR 7.00 LPA | INR 8.00 LPA | INR 18.00 LPA |
Source: Payscale
Diploma in Banking and Finance Government Jobs
A lot of students of this course opt for government jobs because of security and financial stability.
The average salary can be around INR 15,000-20,000 per month, but it can be higher if you clear the IBPS Exam, SBI Clerk Exam and other relevant exams in which diploma holders are eligible to apply.
Below mentioned are some of the government jobs that a student can go for after this course:
Govt. Jobs | Average Salary |
---|---|
Bank Assistant | INR 5-6 LPA |
Clerk Assistant | INR 3-4 LPA |
Junior Assistant | INR 3.5 LPA |
Chief Risk Officers | INR 2.5-4 LPA |
Assistant Manager of Class II | As per the govt. standards |
Officer, Regional Rural Banks | As per the govt. scale |
Officer, Public Sector Banks | As per the govt. scale |
Chief Financial Officer | INR 6-8 LPA |
Deputy Director | INR 6-10 LPA |
Data Entry Operator | INR 1.7-4 LPA or As per the Govt. Standards |
If you have pursued this diploma course after doing graduation, then you are eligible to give a number of Banking exams to find credible and senior level jobs in the banking field like
Indian Bank PO, IPRB Exam, RBI Assistant Post, and others.
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