What is Online/Distance PGDM in Banking & Finance Management?
Online/Distance PGDM in banking and finance is a 2-year diploma program in which there are 4 semesters of 6 months each. It is a course that will inculcate the knowledge of understanding banking and finance skills to run your own business or work for the companies and various banks. Online and Distance PGDM in banking and finance trains you with the advanced and basic banking skills and other quantitative techniques to get the job in the same field.
It inculcates various changes in the economy and helps in understanding the change with the change in the economy for the finances. Distance/Online PGDM in banking and finance is a course that can be enrolled after completing a bachelor’s degree from a recognized university with a minimum of 45-50% of marks in the bachelors.
Distance and Online PGDM in banking and finance is been researched to be the most growing industry that requires fresh graduates to work for the industry and become the helping hand for the development. As the whole world is dependant on the rapid change in finances. So it ensures you to understand various methods of handling finances with the economical change too. Through the course, one can have a variety of career options in the field of both banking and finance together.
Online and Distance PGDM in banking and finance can make you the analyst in which you and analyze the finances and consult others for the investment purpose and numerous investment policies. Becoming a banker and grab the opportunity such as manager or finance manager or cashier. In banks, there are a vast number of opportunities.
Please note that there are few major differences between online & distance education, thereby they are not the same.
– Major differences between them are: NAAC, UGC & NIRF approvals are needed for Online universities whereas UGC-DEB approvals are needed for distance universities.
– Secondly, the examination mode differs, in online mode you give examinations online, in distance mode you give examinations by going to the examination center.
– The third difference is its learning mode, online universities will have LMS (Learning Management System) whereas distance universities will have textbooks sent to you.
*Syllabus, duration, eligibility & job opportunities will remain the same but only fees might differ.
Online and Distance PGDM In Banking and Finance Course
The PGDM in banking and finance course contains various of the subjects where you will have a deep study over the topics by the 2-year program of 6months duration of each semester. This course makes you study the principles of banking initially so as to make you understand the basics of the course and then marketing of the finances to manage that in future for the firms or your own businesses.
It makes you understand various laws of handling the business, the legal& regulatory aspects of banking. Economics has also been played a vital role when it comes to talking about finances and banking. You will learn about the taxes and retails of the finances and the business etiquettes. The course also enables you to have many of the certified courses. The short-term courses will get you a job in banks and other financial firms within a very less time span.
Online/Distance PGDM In Banking & Finance Eligibility
- The Eligibility criteria of the program PGDM in banking and finance vary from university to university. Each university has its own eligibility criteria for admission.
- For the program PGDM in banking and finance, one should have cleared its 10+2 from a recognized board also aspirants having a bachelor’s degree from a recognized university.
- The required percentile should be within 45-50% marks so as to get admission.
Online and Distance PGDM In Banking & Finance Syllabus
Semester I | Semester II | Semester III | Semester IV |
Management Theory & Practice | Business Communication | Commercial Banking System and Role of RBI | International Banking and Foreign Exchange Management |
Organizational Behavior | Essentials of HRM | Cost and Management Accounting | Treasury Management in Banking |
Marketing Management | Business Law | Retail Banking | Insurance & Risk Management |
Business Economics | Strategic Management | Corporate Finance | Business: Ethics, Governance & Risk |
Financial Accounting & Analysis | Operations Management | Marketing of Financial Services | Research Methodology |
Information System for Managers | Business Science | Financial Institution of Markets | Project |
Benefits If Distance/Online PGDM In Banking & Finance
There are numerous benefits to doing PGDM in Banking and Finance as it’s a program that contains your career in various fields both in banks and finance companies and also it’s one of the most demanding programs in order to consider the need of the diploma holders in the same domain. Some of the key benefits of doing online/distance PGDM in banking and finance are as follows:-
- Distance and Online PGDM in banking and finance is a program in which you have the benefit of taking a dual degree at the same time. One can do one regular course and can do the online/distance course at the same time with the validation of the educational higher authorities.
- Distance and Online PGDM in banking and finance allows you to attend online classes without affecting your current career as one can do their job as well as the course in parallel.
- In this course, you will learn about the online and distance PGDM in banking and finance of various subjects such as banking, law, economics, retail banking, etc.
- In the program online and distance PGDM in banking and finance, you will enhance both of your skills. That is a hard skill and soft skill. It works on the complete personality of an aspirant. It prepares you to face interviews by working on your communication skills both interpersonal and intrapersonal skills. Also enhances your knowledge of the core subject.
- It improves your skills on how to handle your savings and finances. How to do the correct investment and to choose the best industries.
- Distance/Online PGDM in banking and finance allows you to have many top job opportunities in various industries such as HCL, Apex, Genpact, TATA, Wipro, etc.
- The top job opportunities you will have by doing PGDM in banking and finance are investment banker, securities analyst, internal Auditor, Recovery Agent, etc.
Career Opportunities After Completing PGDM In Banking & Finance
Distance and Online PGDM in banking and finance is a program that enables you to have various career options in banks and other industries. Online/Distance PGDM in banking and finance opens up doors in numerous industries where you can make a high-profile career with a good salary and position.
Banking has always been in the boon as most people are very much comfortable in doing a job as a banker similarly finance has a vast career scope in the top industries such as Credit Administration, Auditing Departments, Banking Sector, Financial Consultancies, Corporate Banking, Financial Consultancies, etc. It offers job types like Banking Professional, Financial Consultant, Loan Counselor, Credit Manager, Risk Manager, Financial Analyst, etc.
PGDM in banking and finance is a program that offers you to have numerous career options in the topmost industries. You can have jobs in various top MNCs, Private and government sectors, and also abroad. Some of the top industries and top job opportunities are mentioned below such as
Top Job Opportunities For PGDM In Banking & Finance
Commercial Banking | Finance Analyst |
Credit Analyst | Finance Consultant |
Banker | Investment Banker |
Internal Auditor | Securities Analyst |
Recovery Agent | Project Finance |
Wealth Management |
Top Industries
Angel Broking | IBM | iGATE |
Jubilant Chenosys | TCS | HCL |
Union Bank | Bank of Baroda | Bajaj Allianz |
Bharti Axa Life Insurance | Exil | Wipro |
TATA | Citi Bank | — |
Average Salary of Online/Distance PGDM Banking & Finance Management
One of the fast-growing sectors in India is the PGDM in banking and finance. After this course, students can earn a higher wage by acquiring combined financial and banking skills. The course allows students to speed up their careers by receiving a high standard of pay.
The PGDM salaries in banking and finance are estimated at approximately 2,00,000 to 15,00,000 a year. These data demonstrate the strong demand from the world’s banking and financial professionals. You get jobs in a top bank and insurance recruitment firms.
Best Universities PGDM Banking & Finance Distance/Online Course In India
There are many universities that offer PGDM in banking and finance as it has a boon in the industry and high demand. Also, it’s one of the most chosen courses by the student as students are more interested in making their career in the same field. The best online/distance PGDM in banking and finance universities in India are as follows:-
IGNOU | DU SOL |
IMT | Amity University |
Symbiosis | Madurai Kamraj University |
MIT- School of distance education | Sikkim Manipal University |
NMIMS | All India Management Association (AIMA) |
Conclusion
Through this blog, we tried to tell all the needed information about the course PGDM in banking and finance. Here we answered all the queries whether it is about the eligibility criteria, benefits of the course, or what the course is exactly about. By this blog, you must have decided to enroll in the program.