Diploma programs are highly preferred over undergraduate degrees and postgraduate degrees majorly due to their duration as well as the cost of studying. A diploma in banking technology is popular as it never runs out of job opportunities as the requirements for people specialized in banking technology are gradually increasing. Students from various backgrounds, such as engineering, law, commerce, and business, take up a diploma in banking technology course to enhance their career opportunities. If you want to know more about Diploma in banking technology, fees courses, syllabus, eligibility requirements, and much more, then Keep Reading!
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Name of the course | Diploma in banking technology |
Level | Undergraduate |
Eligibility | Passed high school with 65% marks from a recognized institution |
Admission Process | Direct Admission |
Average fees | INR 10,000 to INR 2.5 Lakh |
Job Profile | Financial Consultant, Financial Analyst, Insurance Agent, Credit and Risk Manager, and Loan Counsellor. |
Average Salary | INR 7-8 Lakh (p.a) |
Top Recruiters | Morgan Stanley, SBI, IDBI, LIC India |
Top Universities for Diploma in Banking Technology Abroad
There are numerous universities across the globe that offer diplomas in banking technology. Some of the popular universities as per QS Rankings are as follows;
Name of the University | World QS Rankings 2022 Subject Wise |
Harvard University | 1 |
Stanford University | 2 |
Massachusetts Institute of technology | 3 |
University of Oxford | 4 |
University of Chicago | 5 |
University of Cambridge | 6 |
The London School of Economics and Political Science | 7 |
University of Pennsylvania | 8 |
University of California, Berkeley | 9 |
New York University | 10 |
Must Read: Career in Banking
Eligibility Requirements
There are a few eligibility requirements that you are required to fulfill to pursue a diploma in banking technology. Some of the basic requirements are as follows;
- To pursue a diploma in banking technology students are required to qualify for the entrance exams as the admission is based on an entrance basis. However, some universities offer diplomas in banking technology based on merit.
English Language Requirements
If you want to pursue a diploma in banking technology abroad, then you are required to qualify for the language proficiency test (when English is not your first language). However, it may vary depending upon the courses and universities.
Documents Required
As a part of the application process candidates is also required to submit a list of documents. Some of the important documents include;
Diploma in Banking Technology Syllabus
Numerous colleges across the globe offer diplomas in banking technology. However, the syllabus of a diploma in banking technology varies depending on the university. The common or basic syllabus topics offered across all diplomas in banking technology are as follows;
Semester I
Banking Environment And Operations | Banking Products & Services |
Organizational Behaviour | Taxation |
Semester II
Practices & Principles of Banking | Mutual Fund Agent |
Banking Law & Practice | Business Communication and Etiquette |
Retail Banking | Strategies for Banking Risk and Marketing Management |
Must Read: Popular Banking Courses Abroad
Reference Books
There is an extensive list of reference books available in the market and online platforms for diplomas in banking technology. The textbooks for diploma in banking technology vary depending upon the edition; however, some of the important books that you may refer to are as follows;
- Legal & Regulatory Aspects of Banking by IIBF
- Corporate Finance for Dummies by Michael Taillard
- The Principles of Banking by Moorad Choudhry
Application Process
The application process for getting into universities that offer diplomas in banking technology is quite simple, and candidates are required to do is follow the preferred university’s official website for the latest updates and notifications. Students must accurately fill out the application form available on the official website after paying the application fees and before the deadline. As a part of the application process, they may also require to submit a list of documents required. After completing the application process, the preferred university will contact you through email or contact number in case you are selected.
Documents Required
The first thing you should do after deciding which university you want to go to is acquiring all the required documents. Given below is the comprehensive list of all the essential documents:
- Academic Transcripts
- State Of Purpose
- Letters of Recommendation
- CV/Resume
- English Test Scores
- Evidence of Finances
- Visa
- Passport
Must Read: Popular Banking Courses
Career Prospects
One of the major reasons for the popularity of a diploma in banking technology is the availability of numerous job opportunities after completion of the course. Some students prefer these diploma courses to enhance their career opportunities. Some of the highly opted job profiles after completion of a diploma in banking technology are as follows;
- Financial analyst
- Personal Financial Advisor
- Relationship manager
- Accountant
- Auditor
- Branch manager
- Collector
Salary Offered
The salary offered after completion of a diploma in banking technology in different countries are as follows;
Name of the Country | Average Salary | INR Conversions |
India | 71,300 INR | – |
USA | $74,070 | 61.40 Lakhs |
UK | £47,500 | 47.03 Lakhs |
FAQs
Ans: Yes, Students who have completed a diploma in banking or any other finance-related courses are eligible to apply for a bachelor’s program.
Ans: The Diploma in Banking and Finance is a comprehensive study of the rapidly evolving finance industry and the banking industry. This course provides a broader perspective on the constant changes in finance, strategies for dealing with the financial crisis, and the reasoning behind the bailouts of various global banks.
Ans: This diploma course is offered by well-known colleges and universities like NMIMS and the Indian Institute of Banking and Finance, among others. Students are required to check the college-specific eligibility criteria for admission.
Are you planning to pursue an undergraduate or a postgraduate degree Abroad? Our Leverage Edu experts will provide you with end-to-end assistance from the application to the Visa process. Call us at 1800 57 2000 to book a FREE 30-minute counselling session today.