Postgraduate Diploma Course In Banking And Finance: Is It Worth It?

A Post Graduate Diploma in Banking is a postgraduate level diploma program which lasts for one year. Those students who are hoping to get an admission to this course need to have a Bachelor’s degree in the relevant course from a recognized university. The PG Diploma course in banking and finance is quite helpful when giving aspirants with the deep understanding of banking to professionals in the field. Along with that, it also brings about reforms to the banking sector in the country. 

Students interested in the program will be offered admissions based on their performance in the entrance exam and the personal interview. That is the norm in most institutes that offer the PGD course in Banking and Finance. But in some cases there are institutions that offer this course to students based on their merit achieved in the Bachelor’s Degree Result. You should also know that the average fee that you need to pursue this course  ranges from INR 5,850 to INR 85,000. 

The PGD program offers plenty of excellent career opportunities in this field. This includes good joob opportunities in fields that include Colleges and Universities. It also includes opportunities with renowned Multi-National Companies, Government Organizations, Banks and Financial Organizations. Once the program is completed, students also get the chance to choose jobs in areas that include becoming a Teacher/ Lecturer, Banking Manager, Marketing Manager, Financial Advisor and Financial Manager. Through all this, you need to be aware that PGD holders in Banking will receive lucrative salaries that range from INR 3,00,000 to INR 8,00,000. Of course, this salary depends on candidate’s knowledge and experience. 

PGD in Banking: All About the Course 

One thing you should know is that the PGD in Banking and Finance course mainly puts forward its focus on the improvement of banking related operations and functions. In turn, this helps to improve the nation’s economy in general.  Along with that it also helps in boosting the organization’s well-being. It also deals with the managing all the operations that are related to finance and banking. 

The PGD course in banking and finance is perfect for those students who want to specialize in banking management. Even students who are keen on working for reputed financial organizations or big MNCs can gain much from this course. Any aspirant who wants to enter this course needs to have skills like analytical, logical and verbal skills, along with managerial and time management skills. 

After they finish the course, students can choose the jobs they desire in different fields like college and universities, MNCs, Govt. Organizations, Banks, Financial Organizations etc. 

Advantages of Completing a PGD in Banking And Finance 

Now you might wonder why you need to bother taking up a course in Banking and Finance and what career options the banking and finance industry can give you. There are plenty of reasons why you need to consider the advantages that a course in banking and finance can give you and we’re here to convince you of them. Given below are some reasons why you need to consider the advantages of a PGD in banking and finance. 

• Provides you opportunities for growth: After completing your PGD in Banking and Finance, you can get plenty of opportunities for growth. You can work in an established business and receive all the benefits of an organized training. You can also profit from the prospects that arise with developments and growth. This growth will provide you plenty of opportunities to increase your skills and proficiency. And the best part is that you can improve upon your job and work upon your career profile. All this gives you plenty of new opportunities in your career.  
• Chances of foreign employment: A number of students who finish the PGD course in Banking and Finance are eager for opportunities to travel to foreign countries. The finance industry gives aspirants with the perfect opportunity to fulfill those dreams. It gives you the golden chance to various other countries to work and earn a name for yourself. Besides that, many aspirants also accomplish their initial graduate training in foreign countries. You can make note of those organizations that send employees overseas for training and once you’re done with your PGD course, you can aim for those companies with this aim in your mind. 
• Gives you a fast-paced career: Another big advantage you get after finishing your PGD in Banking and Finance is a fast paced career. The banking and finance industry is thriving as business, economics and finance around the global market rises every day. This gives you plenty of opportunities that you can use for your growth. 
• Excellent income and perks: You should know that the average salary for a graduate in investment banking is extremely high. Top it off with a PGD in Banking and Finance and you can see your salary package rising. Besides that, these organizations provide a lot of benefits like health care facilities, paid trips, insurance, food and gym membership to name just a few.  
• Gives you career advancement: Armed with a postgraduate diploma in banking and finance, you can stand out in the job market and boost all your career prospects. A specialized qualification in banking and finance makes you quite eligible for more advanced roles within the industry, giving you the boost you were looking for. 
• Be recognized in the Industry: Having a PGD in banking and finance means you are respected because your qualification is recognized by employers in the finance industry. This means that as far as prospective employers are concerned, you have a strong foundation in finance. This in turn gives you the motivation you needed to advancing your career in this field. 
• Networking opportunities: One big advantage that the PGD in Banking and finance does is that it gives you the chance to network and allows both students and experts in the industry to mingle. This is highly valuable when it comes to build new relationships and seeking new job opportunities in the industry. It allows you to make new connections with industry professionals who can give you guidance and support throughout your career. 
• Gives you practical skills: Studying this program allows you to get practical training and hands-on experience. This can only help students apply their knowledge in real world scenario. It’s this sort of experience that is highly valued and gives you the boost you were looking for in your organization.  
• Specialization Opportunities: The PGD program in banking and finance gives you the chance to specialize in the area of finance that you have an interest in. Doing this sort of specialization is quite useful if you are quite keen on a specific area of finance and want to focus your career there. 

Job Opportunities After Post Graduate in Banking And Finance 

After you complete your degree and your Post Graduate Program in Banking and Finance, you might be confused about the direction you want to take your career in. If that’s the case, we’re here to help you find the right career opportunity. Here are some of them given below: 

• Banking Consultant: A banking consultant works with external clients and their main duty is to welcome clients, meet with them and clear their queries. They also need to make these clients aware of any changes that have been made about banking policies. The job opportunity offers a high salary for finance industry hopefuls 
• Investment Banker: An investment banker needs to perform strong research on the fluctuations in the market. They also need to research and seek out the best investment options that are available. They also work with large corporations or government organizations. When large corporations want to fund new projects, it is the investment bankers they turn to for assistance.
• Accountant: As demure as they seem, accountants have rather important jobs within the company. They are tasked with looking over a company’s finances and books for any changes. They work with the finance department to bring forth  smooth functioning of the company. They also need to note down all the accoutning activities in the right accounting sheets so that they are on record. Furthermore, they also work closely with tax officials to make sure all the papers of the company are in order.  
• Banker: Bankers work at credit unions, banks or other organizations that function closely with commercial and personal finances. Bankers also provide customers with assistance to set up their accounts and manage money. Apart from this, they also aid the clients when it comes to their wealth management and their accounts.  
• Business Analyst: A business analyst is a professional consultant who works closely with business organizations to increase revenue and reduce excessive spending. They also aid the company and give them advice to reduce overhead costs and work as a part of a larger team that manages all the functions mentioned right now.  
• Investment Analyst: An investment analyst helps clients evaluate their investment prospects. They work with both independent parties and larger corporations. An investment analyst works to give professional insight to the strengths and the risk that the company takes when it comes to an investment. They also carry out a detailed analysis on behalf of their clients to make sure that the corporations report the finances correctly.  
• Business Development Manager: A business development manager provides assistance to corporations who are lifting up their own business. They help these corporations in designing and creating their own style of business. Along with that, they also work closely as consultants for companies and help them in expanding their business better. Also, they work closely with the management team to develop new methods to make sure the company manages to reach its goals.  
• Financial Adviser: A financial advisor provides their clients with the right financial guidance. They work closely with both private individuals and with coprorations. They work as a team or as  independant freelancers working with individuals. Either way, their main work profile revolves around developing new investment strategies to make sure the client reaches their goals. 

Summing Up 

All in all, a Post Graduate Diploma in Banking and Finance is an important qualification. It will help you advance in your career in the banking and finance industry. The course helps students with the knowledge and skills they need to succeed in this rather competitive field. Platforms like BeeinJobs provide the right kind of guidance for students of PGD in banking and finance, ensuring that they get the right career opportunities in the finance industry. If you are considering a finance career, a postgraduate diploma in banking and finance is worth considering.