About Diploma in Financial Management course: -
A diploma in Financial Management course is a program that is planned in a way to provide students all thorough understanding of financial management and accounting principle and also, this course gives skills and knowledge necessary to manage the financial affairs of any organization like firm MNC etc.
This course contains various subjects like financial planning and analysis, budgeting, financial report, risk management, investment analysis, financial decision making, students learns how to use financial data effectively.
After completion of this course one can pursue their career in finance, accounting, investment banking, corporate finance etc.
Diploma in Financial Management Quick facts
Highlights for Diploma in Financial Management program are provided in the table given below:
Diploma in Financial Management Eligibility & Entrance exam
Eligibility criteria for diploma in Financial Management: -
The Eligibility criteria for Diploma in Financial management course may vary from university to university but the common criteria are: -
- Students must have completed class 12th from any recognized board or institute.
- Students must have at least 50% to 60% marks in class 12th.
- There are no age limit criteria to get admission in course.
Students who have meeting above criteria are eligible to take admission in the Diploma in financial management, student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply with college?
To apply in particular college student must have to follow given steps: -
- Visit official website of the college.
- Apply in admission section.
- Fill details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also, check is there any counseling round or not. If college is conducting counseling than apply for it.
Entrance examination for Diploma in Financial Management: -
Some colleges may conduct entrance examination of diploma in financial management course to access the students’ knowledge and skills in English language, quantitative ability, logical reasoning, and general awareness etc. Here are some of the popular entrance exams for Diploma in Business Management, along with their mode of exam and conducting body:
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Exam Name
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Mode of Exam
|
Conducting Body
|
|
Management Aptitude Test (MAT)
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Online/Offline
|
All India Management Association (AIMA)
|
|
Common Admission Test (CAT)
|
Online
|
Indian Institutes of Management (IIMs)
|
|
Xavier Aptitude Test (XAT)
|
Online
|
Xavier School of Management
|
|
Symbiosis National Aptitude Test (SNAP)
|
Online
|
Symbiosis International (Deemed) University
|
|
Institute of Management Technology (IMT) Admission Test
|
Online
|
Institute of Management Technology
|
|
Narsee Monjee Institute of Management Studies Management Aptitude Test (NMAT)
|
Online
|
Graduate Management Admission Council (GMAC)
|
|
Indian Institute of Foreign Trade (IIFT) Entrance Exam
|
Offline
|
Indian Institute of Foreign Trade
|
|
Common Management Admission Test (CMAT)
|
Online
|
National Testing Agency (NTA)
|
|
AIMS Test for Management Admissions (ATMA)
|
Online
|
Association of Indian Management Schools
|
NOTE: - This table is a general idea of entrance exam conducted for diploma in Financial Management courses in India. For exam fees, eligibility criteria, dates please visit to the official website of particular exam.
Diploma in Financial Management Duration & Fees
Diploma in Financial Management course duration: -
The duration of Diploma in Financial Management course is generally one-year program divides into two semesters. In some institute it may be long as two-year program. The course may include lectures, case study, financial studies to apply theoretical concept to real business scenario.
In this course students’ study about various subjects like financial accounting, managerial accounting, financial management, investment management, business law, economics, taxation, risk management, information technology in finance.
Fees of Diploma in Financial management course: -
Fees for course may vary from institution to institution it depends on the ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. Usually the fees for Diploma in Financial Management course is ranges between INR 10,000 to INR 2,00,000.
In govt. college fees is comparably low than private college govt. college fees range between INR 10,000 to INR 50,000 whereas private college fees ranges between INR 50,000 TO INR 2,00,000.
Diploma in Financial Management Jobs,Scope,Salary after course
Scope after diploma in Financial Management: -
After completing diploma in Financial Management course students can pursue various career opportunity in finance and accounting industry. Some career options are financial analyst, Investment banker, Financial planner, accountant, risk manager, treasury manager etc.
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Job Role
|
Job Description
|
Salary Range (per annum)
|
|
Financial Analyst
|
Analyzing financial data, preparing reports, and making recommendations to improve financial performance.
|
INR 2,50,000 to INR 7,00,000
|
|
Investment Banker
|
Advising clients on mergers and acquisitions, raising capital, and providing strategic and financial advice.
|
INR 3,50,000 to INR 12,00,000
|
|
Financial Planner
|
Developing financial plans, managing investments, and providing advice on retirement planning, tax planning, and risk management.
|
INR 3,00,000 to INR 9,00,000
|
|
Accountant
|
Preparing financial statements, managing budgets, and ensuring compliance with accounting standards and regulations.
|
INR 2,00,000 to INR 6,00,000
|
|
Risk Manager
|
Identifying, assessing, and managing financial risks faced by the organization and developing risk management strategies to mitigate those risks.
|
INR 4,00,000 to INR 12,00,000
|
|
Treasury Manager
|
Managing the organization's cash and liquidity, managing financial assets and liabilities, and developing strategies to optimize financial performance.
|
INR 5,00,000 to INR 15,00,000
|
Note: The salary mentioned above may vary from company to company and based on experience and interview of individual student.
Diploma in Financial Management Top colleges offering course
Top colleges for diploma in Financial Management course: -
There are many colleges who are offering Diploma in Financial management but to choose a right college student must check some points like ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. The top colleges may have high fees but the placements are good from top colleges. Here is the list of some top colleges offering Diploma in financial management Course are:
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College Name
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Location
|
Approximate Fees (in INR)
|
|
Indian Institute of Finance
|
Greater Noida, Uttar Pradesh
|
2,00,000 to 2,50,000
|
|
Indian School of Business Management & Administration
|
Bangalore, Karnataka
|
1,00,000 to 1,50,000
|
|
WLC College India
|
Multiple Locations
|
1,00,000 to 1,50,000
|
|
Amity University
|
Multiple Locations
|
50,000 to 1,00,000
|
|
International College of Financial Planning
|
Mumbai, Maharashtra
|
1,00,000 to 1,50,000
|
|
Institute of Finance, Banking & Insurance
|
Mumbai, Maharashtra
|
50,000 to 1,00,000
|
|
Narsee Monjee Institute of Management Studies
|
Mumbai, Maharashtra
|
2,00,000 to 2,50,000
|
|
National Institute of Securities Markets
|
Mumbai, Maharashtra
|
1,50,000 to 2,00,000
|
|
Institute of Management Technology
|
Ghaziabad, Uttar Pradesh
|
1,50,000 to 2,00,000
|
|
Symbiosis Institute of Business Management
|
Pune, Maharashtra
|
1,00,000 to 1,50,000
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.
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