The DBF program takes 1 year full-time or 2 years part-time. It covers banking, finance, investments, risk, insurance, and laws. Graduates can work in banking, insurance, and finance as associates, customer service reps, insurance agents, analysts, loan officers, or investment advisors. Popular DBF colleges in Delhi are FORE, Amity Online, Fortune, Delhi School of Business, IGNOU, Ramanujan College, University of Delhi, and others.
Diploma in Banking and Finance Overview
A diploma in Banking and Finance is a one-year course you can take after finishing high school (class 12th). You get into the course based on your grades and an interview. Not many colleges offer this course on their campus. With a diploma in Banking and Finance, you can expect to earn between ₹2 and ₹6 lakhs per year. Here are some details about the DBF program.
| Diploma in Banking and Finance Overview | |
| Course Name | Diploma in Banking and Finance |
| Course Level | Diploma after Class 12 or Graduation |
| Duration | 1 year |
| Examination Type | Semester |
| Eligibility | Bachelor’s degree or Class 12 or any equivalent examination with a minimum aggregate of 50% marks and above |
| Admission Process | Merit List, Personal Interview or Entrance examination |
| Average Fees | INR 10,000-40,000 |
| Average Salary | INR 3 to 7 Lakhs per annum |
| Top Recruiting Companies | Banking Sector, Credit Administration, Auditing Departments, Corporate Banking Sectors, Financial Consultancies, etc. |
| Job Positions | Financial Analyst, Credit and Risk Manager, Internal Auditor, Loan Counsellor, Administrative Officer, Financial Consultant, etc. |
DBF Course Details
- Diploma in Banking and Finance is a comprehensive study related to the banking field which deals with the rapidly changing finance sector.
- This course provides a wider view of the constant changes pertaining to finance, methods of dealing with the financial crisis as well as the basis for bailouts for various banks across the globe.
- The Diploma in Finance and Banking program aims at advancing the skills of the students by developing their knowledge in areas of finance and banking, with the overall polishing of skills required in the practice.
- Some of the job opportunities that a diploma holder after this course can get are Banking Officer, Assistant Manager, Financial Consultant, Financial Analyst, Data Entry Operator, and much more.
- To get admission, candidates are required to clear the written test or entrance test conducted by the department in order to select the qualified students for the course. This is not a necessary factor since some of the colleges take admission purely on the basis of merit.
- Some colleges prefer to take a Personal Interview to further select the candidates for admission.
- Applicants can fill the forms online as well as offline by availing of the form from the college office.
- All important information including admission dates, entrance exam, and names of shortlisted candidates will be notified on the website and through email.
Subjects in DBF Course
Here are the Subjects included in the DBF Course (Diploma in Banking and Finance)
- (1) Principles and Practices of Banking
- (2) Accounting and Finance for Bankers
- (3) Legal and Regulatory Aspects of Banking
Diploma in Banking and Finance Passing Criteria
- 1. Minimum marks for passing in the subject is 50 out of 100.
- 2. Candidates securing a minimum forty five marks in every problem with a mixture of 50% marks n in all topics of exam in an unmarried try can also be declared as having n finished the Examination.
- 3. Candidates can be allowed to preserve credit for the problem they have handed in and try until the expiry of the time restriction for passing the exam.
Time limit for passing the DBF Exam
- Candidates will be required to pass the examination within a time limit of 2 years (i.e. 4 consecutive attempts).
- Candidates not able to pass the examination within a stipulated time period of two years are required to re-enroll themselves afresh. Such candidates will not be granted credit/s for subject/s passed, if any, earlier.
- A time limit of 2 years will start from the date of application for the first attempt. Attempts will be counted irrespective of whether a candidate appears for any examination or otherwise
Diploma in Banking and Finance Eligibility
People who are not already part of the Institute can take this exam if they’ve finished high school (12th grade) or a similar program. If you’re already a member of the Institute, you can’t take this exam because you’re allowed to take another one called JAIIB instead. If you’re a member and you try to take this exam anyway, your results will be canceled.
Diploma in Banking and Finance Scope
People with experience in banking and finance have more job opportunities. This one-year diploma program is a good way to learn about banking and finance without spending years in college.
The diploma program covers many topics, including retail banking, asset management, and financial planning. This makes diploma holders good for entry-level jobs.
Experienced professionals who have passed banking exams can apply for higher-paying jobs that pay between Rs. 40,000/- and Rs. 80,000/- a month.
However, because there is a lot of competition and a diploma in banking and finance can help you get better jobs, many diploma holders choose to study further. You can get a degree in commerce after your diploma in banking and finance.
B.Com
A Bachelor of Commerce (B.Com) is a college degree for people who already have some experience working in business. You can get this degree after finishing a shorter program that teaches specific skills like accounting, taxes, finance, or using computers in business. So, the B.Com is like a more advanced degree you can get after the shorter program.
Advanced Certification Courses
You can learn about things like managing money and using digital banking. These short courses can help you become a pro and might even lead to a good job.
Non-Members of Institute.
