Diploma in Banking and Finance Syllabus & Subjects 2024

The Diploma in Banking & Finance is a one-year course chosen by students following the completion of their 10+2 or graduation in commerce or a related stream. This program comprehensively covers various facets of the banking and financial sector, including investment, insurance, financial management, banking, and risk management.

The objective of the Diploma in Banking & Finance course is to offer a comprehensive understanding of the dynamic changes in the finance and banking realm, encompassing strategies for managing financial crises and the fundamentals of bailouts for banks worldwide.

Recent data trends indicate significant growth in India's banking and financial sector, creating a demand for skilled professionals in both government and private institutions.

Diploma in Banking & Finance course is a one year undergraduate diploma course wherein students learn about the domains of banking and finance sector. 

The Diploma in Banking & Finance Syllabus integrates theoretical and practical components, incorporating presentations and case studies to foster the development of cognitive, interpersonal, and critical skills essential for a successful career in the banking and finance sector. 

This program equips students with the necessary skills to understand the intricacies of economic markets and the global financial system. Upon completion of the course, students are well-prepared to embark on a reputable career in the field. 

The curriculum covers both domestic and international banking, providing students with insights into market dynamics within an economy and the financial credibility across the country.

A range of subjects are taught under the Diploma in Banking & Finance course. The subjects are taught over a duration of 12 months. Some of the topics covered include the following:

• 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.

Several colleges across India provide a variety of core subjects for Diploma in Banking & Finance programs. However, there are certain fundamental/common core subjects that are offered consistently across all Diploma in Banking & Finance colleges, as listed below:

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

Alongside their core studies, students in this program gain insights into the methods and techniques employed in the financial consulting sector.

In a lot of institutes while pursuing the  Diploma in Banking & Finance course, students also have to study elective courses, which they can choose according to their interest. Through elective courses, students have the opportunity to cultivate specialized expertise in advanced economic techniques. The Diploma degree in Banking and Finance is designed to fulfill both professional and academic requirements. 

The duration of the Diploma in Banking and Finance program is one year, organized into two semesters, each concluding with a semester-based exam. The syllabus strikes a balance between theoretical concepts and practical case studies.

The examinations are conducted at the conclusion of each semester, accompanied by the submission of projects and assignments. The weightage of these assessments is determined by the marks assigned by the colleges. Below is the semester-wise syllabus outline for this diploma course:

Also Read: Bank Exam Syllabus 2024

The curriculum of a Diploma in Banking and Finance program integrates cutting-edge technologies, offering a diverse array of electives encompassing both lectures and practicals. Essential to the core curriculum, each student is required to undertake an internship or training, enhancing workplace skills. Teaching methodologies focus on innovative approaches, allowing traditional classroom instruction to evolve through emerging technologies. Commonly employed teaching methods include:

• Case-Based Learning
• Collaborative Learning
• Classroom Response System
• Demonstrations
• Group Discussions
• Diagrams and Graphs
• Interactive Teaching
• Lectures
• Problem Solving
• Dummy Branch Concept
• Branch Visit
• Self Study
• Weekly Quiz
• Group Assignments

There are various types of distance and online Diploma in Banking & Finance courses offered in India and globally. The subjects covered in the distance program Diploma in Banking & Finance are essentially the same as those in the regular program, with minor differences in sequence and order. The following are some popular subjects included in 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

Typically spanning a year, Diploma programs in Banking and Finance comprise two semesters, each culminating in a semester-based exam. The program encompasses both core courses and a variety of electives. The overall structure of the Diploma program in Banking and Finance is outlined as follows:

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

Research projects in the Diploma in Banking and Finance program equip students for project management roles in financial consultancies. These projects focus on teaching students the key factors influencing successful research and effective strategies for their implementation within the realm of banking and finance.

Diploma students specializing in banking and finance have the opportunity to establish connections with financial consultancies, providing them with valuable experiential learning. To develop a comprehensive set of practical and theoretical skills, students are required to complete a research project by the end of the semester.

Diploma in Banking & Finance books, spanning various titles and publishers, can be accessed both online and offline. The syllabus comprehensively cover major banking and finance topics, providing background information on diverse fields within the industry.

While textbooks for Diploma in Banking & Finance students may vary based on the edition, making informed decisions through thorough research before investing in reference books is advisable.

The essential books for the Diploma in Banking & Finance Syllabus remain consistent across all levels. Candidates pursuing Diploma in Banking & Finance Courses should ensure they study from the latest editions of these books for their degree.

Also Read: Banking Courses after Graduation