byGaganDeep
Updated on - 24 May, 2024
Post Graduate Diploma in Banking which is a post graduate level course in banking and financial field. This course in general, takes a period of 1 to 2 years and has an objective to impart detailed understanding on the banking sector to the graduates. Some of the courses offered in PGDB are accounting, core banking, corporate banking, credit risk management, international finance, treasury management, investment banking and capital markets, etc. The subjects taught in PGDB therefore rely more on practical implementation of the concepts as opposed to the theoretical knowledge of banking and financial systems.
The entrance tests that are considered for the admission of the candidates in PG Diploma in Banking include CAT, XAT, MAT, CMAT, ATMA, IIFT and other national MBA entrance tests. Other ways to gain entry into these PGDB programs include, taking state level examinations like MAH-CET, TS ICET etc, or any other entrance examination conducted at the university/institute level for admission to PGDB programs. Additional experience in banking, finance or any related field is a conspicuous advantage to the applicants.
| Category | Detail |
|---|---|
| Full Form | Post Graduate Diploma in Banking (PGDB) |
| Duration | 1 - 2 Years (Full Time/ Part Time) |
| Course Level | Post Graduate Diploma |
| Eligibility | Bachelor's Degree (any discipline) for some institutes, while others may prefer Commerce graduates. Minimum marks may vary. |
| Top Colleges (India) | Indian Institute of Banking and Finance (IIBF), Mumbai, Xavier Institute of Management and Entrepreneurship (XIME), Bangalore, National Institute of Bank Management (NIBM), Pune, Symbiosis School of Banking and Finance (SSBF), Pune, Indian School of Business (ISB), Hyderabad |
| Entrance Exams (Common) | Institute-conducted entrance exams, scores from national exams like CAT/CMAT (for some colleges) |
1. Minimum of a four-year bachelor’s degree from a recognized university or equivalent for any discipline with not less than 50% aggregate marks.
2. Students in their final year of graduation can also apply provisionally as per the above-mentioned norms and criteria to be fulfilled at the time of joining.
3. The prospectus is very clear on this, there is no limitations or restrictions regarding age to write the entrance exam.
4. The candidates need to attain the minimum qualifying marks as set by the respective institute or university in the entrance test if any.
5. English language is used for teaching and communication, therefore, achieving fluency in this language is a necessity.
6. Some of the institutes may look for candidates with some period of work experience especially in the banking and financial services but this is not compulsory.
1. NIMCET – It stands for National Institute of Bank Management Common Entrance Test conducted for admission of students to the one-year postgraduate diploma in banking programme.
2. IBSAT – ICFAI Business School Aptitude Test to take admission in the two year PGDBM programme in banking and financial services.
3. RBI Grade B – Recruiting for officers in Grade B at managerial level banking jobs.
4. JAIIB is another popular professional examination conducted by IIBF specifically for junior level banking positions and offers certification.
5. CAIIB – The examination conducted by IIBF for the qualification in Advanced Banking for the enhancement of banking career.
| Subject | Important Topics |
|---|---|
| Financial Accounting & Banking Principles | Double Entry System, Financial Statements, Banking Transactions & Accounting, Regulatory Framework for Banks |
| Banking Operations & Management | Customer Relationship Management (CRM), Loan Products & Processes, Credit Risk Management, Treasury Management |
| Financial Markets & Instruments | Money Market Operations, Capital Market Instruments (Equity, Debt), Derivatives, Foreign Exchange Markets |
| Risk Management in Banking | Credit Risk Analysis & Mitigation, Market Risk Management, Operational Risk Management, Basel Accords & Capital Adequacy |
| Banking Technology & Digitalization | Core Banking Solutions (CBS), Fintech Applications in Banking, Mobile Banking & Security, Cyber Security Threats & Regulatory Compliance |
| Investment Management & Wealth Management | Portfolio Management Strategies, Risk-Return Analysis, Investment Avenues (Mutual Funds, Bonds, etc.), Wealth Management Products & Services |
| International Banking | Foreign Exchange Transactions, Trade Finance Instruments (Letters of Credit), International Trade Settlement Procedures |
| Elective Courses (may vary) | Bank Marketing, Financial Inclusion & Social Banking, Islamic Banking, Regulatory Compliance in Banking |
1. This is in relation to the graduation degree and the minimum marks which must be attained.
2. Online/Offline through collecting the application form and submitting dully along with application fees.
3. If applicable take a qualifying written entrance exam for the course that one wants to take.
4. In case the candidate is short listed, they should attend group discussion and/or personal interview round.
5. To do this, candidates should check the merit list when it is released and apply for admission if offered a chance.
6. Analyze the number of credits, pay fees, and submit necessary documents for admission formalities.
| College Name | Location | Fees (Approx. Yearly) |
|---|---|---|
| Xavier Institute of Management and Entrepreneurship (XIME) | Bangalore | ₹2,00,000 - ₹3,00,000 |
| Symbiosis School of Banking and Finance (SSBF) | Pune | ₹1,80,000 - ₹2,50,000 |
| Indian School of Business (ISB) PGP Banking & Financial Services | Hyderabad | ₹20,00,000 - ₹25,00,000 |
| SP Jain Institute of Management and Research (SPJIMR) - PG Diploma in Banking & Financial Services | Mumbai | ₹18,00,000 - ₹20,00,000 |
| Woxsen School of Business - PG Diploma in Banking & Financial Services | Mumbai | ₹1,50,000 - ₹2,00,000 |
| Amity School of Business (ASB) - PG Diploma in Banking & Finance | Noida | ₹1,00,000 - ₹1,50,000 |
| KJ Somaiya Institute of Management Studies and Research (SIMSR) - PG Diploma in Banking & Finance Management | Mumbai | ₹1,20,000 - ₹1,80,000 |
| Bhavan's SP Mandali Institute of Management Studies (SIBM Pune) - PG Diploma in Banking & Finance Management | Pune | ₹2,50,000 - ₹3,00,000 |
| Narsee Monjee Institute of Management Studies (NMIMS) - Bengaluru Campus - PG Diploma in Banking & Finance | Bangalore | ₹1,80,000 - ₹2,20,000 |
| Institute of Management Studies (WeSchool) - PG Diploma in Banking & Financial Services | Mumbai | ₹1,50,000 - ₹2,00,000 |
| College Name | Location | Average CTC (Approx.) |
|---|---|---|
| Indian School of Business (ISB) | Hyderabad | ₹15 Lakhs - ₹20 Lakhs |
| SP Jain Institute of Management and Research (SPJIMR) | Mumbai | ₹12 Lakhs - ₹15 Lakhs |
| Xavier Institute of Management and Entrepreneurship (XIME) | Bangalore | ₹8 Lakhs - ₹12 Lakhs |
| Symbiosis School of Banking and Finance (SSBF) | Pune | ₹6 Lakhs - ₹10 Lakhs |
| Amity School of Business (ASB) | Noida | ₹4 Lakhs - ₹7 Lakhs |
| Woxsen School of Business | Mumbai | ₹3 Lakhs - ₹5 Lakhs |
| Specialization | Job Roles | Average Salary (Approx. Yearly) |
|---|---|---|
| General Banking | - Probationary Officer (PO) - Customer Service Representative - Loan Officer | ₹3 Lakhs - ₹5 Lakhs |
| Retail Banking | - Wealth Relationship Manager - Mortgage Loan Officer - Financial Advisor | ₹4 Lakhs - ₹7 Lakhs |
| Corporate Banking | - Credit Analyst - Corporate Relationship Manager - Treasury Management Officer | ₹5 Lakhs - ₹8 Lakhs |
| Investment Banking | - Investment Banking Analyst - Equity Research Analyst - Wealth Management Advisor | ₹6 Lakhs - ₹10 Lakhs |
| Risk Management | - Credit Risk Analyst - Operational Risk Analyst - Market Risk Analyst | ₹4 Lakhs - ₹7 Lakhs |
| Fintech | - Digital Banking Specialist - Product Manager (Fintech) - Data Analyst (Banking) | ₹4 Lakhs - ₹8 Lakhs |