Diploma in Banking and Finance Syllabus & Subjects 2023

Banking & Finance are popular sectors that are never out of employment opportunities as there is a constant need for hiring candidates who understand the financial process and the progressive ways to run a bank. This is one of the reasons why pursuing Diploma in Banking & Finance courses has become trendy these days.

Students from numerous fields including commerce, business, arts and engineering take up bank courses in order to enhance their career prospects. There are various Diploma in Banking & Finance courses offered in India and few of them are provided by popular banks themselves. 

Diploma in Banking & Finance course is of 1 year duration and particularly has an objective to provide a massive view of the constant changes pertaining to finance and banking world, methods of dealing with the financial crisis as well as the basis for bailouts for various banks across the globe.

As per recent data trends, India’s banking and financial sector has grown exponentially, necessitating competent personnel to work in these sectors, in both government and private institutions.

Diploma in Banking & Finance Syllabus includes theoretical as well as practical parts comprising presentations and case studies that assist participants in developing cognitive, interpersonal and critical abilities necessary for a successful career in banking and finance sector. A Diploma in Banking & Finance help students in gaining the requisite skills of understanding of workings of economic markets and the global financial system, on completion of the course, the students can land in a reputable career in the related field with ease. Also, under Diploma in Banking & Finance course, aspiring students learn both about the domestic and international banking fields in order to gain acquaintance of how the market functions in an economy and across the country’s financial credibility.

Get complete details about Diploma in Banking & Finance Courses Syllabus and Diploma in Banking & Finance Subjects semester wise. 

Diploma in Banking & Finance is an advanced level course, focusing more on the practical aspect of the related subjects. Diploma in Banking & Finance cover a variety of subjects related to Banking & Finance administration and services, such as principles and practices of banking, accounting and finance for bankers, legal aspects of banking,monetary organizations, federal reserves, retail banking etc. 

The primary aim of the Diploma in Banking & Finance course is to provide in-depth understanding of Banking & Finance to the aspiring students of different domains such as commerce, economics, management etc. with practical training and significant insights required to get a job in banking and other financial institutions.

Various colleges in India offer different Diploma in Banking & Finance core subjects. However, there are some basic/ common core subjects that are offered across all Diploma in Banking & Finance colleges, which are tabulated below.

• Banking Law & Practice
• Practices & Principles of Banking
• Strategies for Banking Risk
• Marketing Management
• Retail Banking
• Accounting for Bankers
• Banking Products & Services

Also Read: All About Diploma in Banking & Finance Course

Diploma in Banking & Syllabus includes various areas of banking and finance sector divided between theory, case studies and projects.Some of the major subjects taught under Diploma in Banking & Finance along with the topics and units taught under those Diploma in Banking & Finance Subjects are given below.

Banking Law & Practice: Banking Regulations, Banking Operations, Customer Centricity Selling skills and Customer Relationship Management, Financial Inclusion Through BC BF model, etc.

Practices & Principles of Banking: Introduction to Banking, Basics of Banking, Financial Markets, Capital Markets in India, etc.

Strategies for Banking Risk: KYC, AML and Account Opening Process, Banking Services to CASA Customers, Cross Sell Products Investments and Loans, Strategies for Increasing CASA 

Marketing Management: Deposits through Sales and Marketing,  Selling Skills and Customer Relationship Management, etc.

Retail Banking: Business Ethics and Compliance, Retail Banking Overview, Effective Sales Management, Customer Service Quality, etc.

Accounting for Bankers: Basics of Business Mathematics, Accounting in Banks/Branches, Bank Accounting and Balance Sheet, etc.

Banking Products & Services: CASA Deposits: Its Importance, features and Benefits, Role of CASA Sales Manager,  Customer Segments for CASA, Types of customers- Individual and Non- Individual, Banking Regulations for Opening and Operation of Accounts, etc.

Students get to understand Diploma in Banking and Finance through the semester-based curriculum. In addition to classroom lectures, lab sessions will enable students to experience the advanced features first-hand. One-year programs feature more electives and core academic subjects

Diploma in Banking & Finance is a 1 year programme which is further subdivided into 2 semesters with 5 topics each. A semester-wise break up of Diploma in Finance & Banking course is described below. 

It is essential for students to be aware of the detailed semester wise breakup and duration of this diploma course before starting the Diploma in Banking & Finance course to complete it seamlessly. 

Along with the theoretical part , this diploma also includes research projects. Diploma in Banking and Finance research projects prepare students for managing projects in financial consultancies. Students will learn factors that influence research success and strategies for implementing them as part of their Diploma in Banking and Finance projects.

Diploma students in banking and finance are able to network with financial consultancies, gaining valuable experience. For students to gain practical and theoretical skills, they must complete a research project by the end of the semester.

Numerous types of distance and online Diploma in Banking & Finance courses are available in India and worldwide. The distance programme Diploma in Banking & Finance Subjects is the same as the Diploma in Banking & Finance regular programme with few changes in sequence and order only. Tabulated below are the popular subjects pertaining to distance Diploma in Banking & Finance courses.

• Banking Law & Practice
• Practices & Principles of Banking
• Strategies for Banking Risk
• Marketing Management
• Retail Banking
• Accounting for Bankers
• Banking Products & Services

The range of titles and publishers in Diploma in Banking & Finance books can be found online and offline. They cover all major banking and finance topics as well as background information on several banking and finance fields. The reference books are available online for free download in PDF format.

The textbooks for Diploma in Banking & Finance students may vary depending on the edition. Investing in reference books after thorough research is a wise decision.

Diploma in Banking & Finance Syllabus important books remain same across all levels. Diploma in Banking & Finance Subjects books required for the Diploma in Banking & Finance Courses degree are as follows. Candidates should make sure to always study from the latest editions of these books.

• 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
• Financial, Commercial and Mortgage Mathematics and their Applications by Arun Prakash & Dilip Ghosh
• Corporate Finance for Dummies by Michael Taillard
• Finance for Nonfinancial Managers by Gene Siciliano
• The Principles of Banking by Moorad Choudhry 

Diploma in Banking & Finance diploma courses are offered for 6 months- 1 or 2 years, both in full time regular mode and online mode. The minimum eligibility for Diploma in Banking & Finance courses is 10+2 from a recognised board with at least 50% marks.

There are two semesters in the Diploma in Banking and Finance program with a semester-based exam. As part of their studies, Diploma in Banking and Finance students will also learn about methods and techniques used in the financial consulting sector.

Students can develop specialized expertise in advanced economics techniques through electives. The Diploma Banking & Finance can meet both a student’s professional and academic requirements.

The general structure of Diploma in Banking & Finance course is as follows: 

• II Semesters
• Core Subjects
• Elective Subjects
• Practical Workshops
• Research Project/Thesis Submission

It is a skill-oriented diploma for candidates related to the Banking & Finance sector. The Diploma in Banking & Finance Subjects are discussed below.

• Banking Law & Practice
• Practices & Principles of Banking
• Strategies for Banking Risk
• Marketing Management
• Retail Banking
• Accounting for Bankers
• Banking Products & Services