PGD in Financial Management is a diploma level in financial management development. The course extent varies from 1 to 2 years depending on the institution.
PGD in Financial Management eligibility for applying for this course is that the applicant must have graduation in any discipline from a recognized college or university.
The average course fee attained for this course ranges from INR 32,500 per semester. The admission process of the applicant may comprise his/her performance in entrance tests that are definite to the institutes.
PGD in Financial Management course protects perilous learning such as working capital management, international finance, mergers, and acquisition. It helps and delivers wide knowledge in analyzing cost centres, expenses of organization and making effective balance sheets. Check MBA Full Form
After successful completion of the course, the student is capable of exploring various careers such as research and educational institutes, banks. Read MBA Specialization
See Also: Top PGD Financial Management Colleges in India
Table of Contents |
PGD Financial Management: Course Highlights
Course Level | Diploma |
Course Name | Post Graduate Diploma in Financial Management |
Specialization | Financial Management |
Duration of the course | 1-2 years |
Course mode | Full time |
Examination type | Semester |
Eligibility criteria | Graduation in any discipline |
Admission Process | Entrance Exam and Merit-Based |
Course Fee | INR 50,000 to 200,000 |
Average Starting Salary | INR 50,000 to 15,00,000 |
Top recruiting companies | Research and Educational Institutes, AIG, Boeing, Banks, Philips, JPMorgan Chase |
Job Positions | Bank officer, Bank Manager, Financial Planner, Treasurer |
PGD Financial Management: What is it about?
PGD in Financial Management contracts with courses that need critical thinking and analyzing skills. Those critical intellectual areas embrace working with capital management, International finance knowledge.
The analyzing part contains the knowledge reliant on areas such as balancing balance sheets, cost-minimizing, and maximizing profit. This program emphasizes developing financial management skills vital by industry.
The main objective of this course is to deliver the applicant with deep knowledge in the financial and banking industries. Also provided knowledge of national and international financial ideas and strategies.
This course benefits in improving learners in managing critical situations over the financial areas to be responsible for more benefits.
Why Study PGD Financial Management?
- PGD Financial Management takes less time to complete and is less expensive compared to a Master's degree.
- You can change your career or start your career as a professional in the field soon.
- You can increase your practical knowledge in a field you are interested in.
- PGD in Financial Management course fits well for the managers looking for admission courses to simplify working in the banking and financial service industries like insurance, mutual funds, loans.
PGD Financial Management Admission Process
The procedure of admission to the PGD in Financial Management course differs from the institution. Check the information below to know more:
- Institutions frequently offer direct admissions to the PGD in Financial Management course.
- Applicants are carefully chosen as per merit created based on marks in the qualifying exam.
- Some colleges may want candidates to appear for an entrance test.
- Applicants may also have to appear for an interview to succeed for admission to this course.
PGD Financial Management: Eligibility Criteria
The following working experts should consider applying to the program:
- Employed professionals having BE, BTech, MSc, Integrated First Degree of BITS or it’s equivalent with at least 60% aggregate marks, and a minimum of one year of relevant work experience
- Working professionals having a three-year undergraduate degree in areas such as Mathematics, Statistics, Science, Economics, Commerce, and Business Management, have studied at least one course in Mathematics or Statistics at the high school, and a minimum of two years of significant work experience.
PGD Financial Management: Entrance Exams
Entrance examinations are an important aspect of the admission process in PGD Financial Management. Some of the top entrance exams with their important dates are mentioned below in the table:
Exam Name | Exam Details |
---|---|
CAT | Check Here |
MAT | Check Here |
SNAP | Check Here |
IIFT | Check Here |
IBSAT | Check Here |
CMAT | Check Here |
MAH CET | Check Here |
NMAT | Check Here |
ATMA | Check Here |
XAT | Check Here |
TISSNET | Check Here |
TANCET | Check Here |
Check Also: PGD Financial Management Cut-Offs
Following tabulated below are some of the best colleges which provides the best education around the globe:
Name of Institute | Average Annual Salary |
---|---|
Balaji Institute of Management and Human Resource Development, Pune | 6,90,000 |
Asian School of Business Management, Bhubaneshwar | 5,90,000 |
ITM Institute of Financial Markets, Navi Mumbai | 9,20,000 |
NMIMS, Mumbai | 6,58,000 |
Institute of Public Enterprise, Hyderabad | 8,00,000 |
Jaipuria Institute of Management, Lucknow | 6,90,000 |
IIEBM Indus Business School, Pune | 5,50,000 |
T A Pai Management Institute, Manipal | 13,00,000 |
SDM Institute for Management Development, Mysore | 10,07,000 |
Chandigarh University, Chandigarh | 1,59,000 |
EMPI Business School, Chattarpur, Delhi | 7,25,000 |
United World School of Business, Kolkata | 5,30,000 |
International Management Institute, Bhubaneshwar | 9,90,000 |
Asia-Pacific Institute of Management, Delhi | 8,00,000 |
K J. Somaiya Institute of Management Studies and Research, Mumbai | 11,90,000 |
Jaipuria Institute of Management, Noida | 9,00,000 |
PGD Financial Management: College Comparison
Here below is a college comparison between two colleges:
Parameters | Narsee Monjee Institute of Management Studies | IIE BM Indus Business School |
---|---|---|
Overview | SVKM’s Narsee Monjee Institute of Management Studies established in 1981, is one of the leading B-Schools in the country. | IIEBM Indus Business School situated in Pune, Maharashtra was established in August 2000 as an Educational Institute recognized by the Govt. of Maharashtra. |
Ranking | Ranked 92 for Overall | Ranked 9th under Metro Ranking in India’s Best B-Schools 2017 survey conducted by Business Today |
Facilities | Library, Computer Centre, Sports room, Labs and Workshops | Library, Classroom, Hostel, Wi-Fi, Temple, Health Center |
Top Companies | Bain, KPMG, ICICI Bank, Trafigura, Google, Honeywell, JP Morgan, Positive Moves, Xiaomi, AGS Transact, Deloitte, Cisco, Barclay | Dignity Foundation, Blue Cross Society, Pune, Akash, WWF (World Wide Fund) India, Idea Foundation, Navkshitij, Pragati Foundation, Hope for the Children Foundation, TAA Sagarmitra, Center for Youth Development and Activities, SWaCH, People for Animals |
Average annual fee | 6.58 lac | 5.5 lac |
PGD Financial Management: Distance Education
A Postgraduate degree is not offered as a distance course usually as this program needs a lot of research work.
The only college that offers the course in distance education mode is Acharya Nagarjuna University Centre for Distance Education, Guntur. The course is for about 1 year and the annual fee is INR 4,597.
PGD Financial Management: Course Syllabus
Following is a detailed subject wise syllabus for the interested candidate wishing to pursue the Post Graduate Diploma in Financial Management:
Principles and Practices of management | Project and infrastructure financing |
Management accounting | Capital market |
Managerial Economics | Accounting systems and financial analysis |
Indian Banking and Financial Systems | Management of bank |
Marketing of Banking Service | Security analysis and portfolio management |
Banking Regulations and laws | Bank leading procedures and policies |
Capital market | Project and infrastructure financing |
Accounting systems and financial analysis | Macro-economics |
Management of banking | Micro-financing |
Security analysis and portfolio management | Risk management |
Bank lending policies and procedures | Rural and cooperative banking |
PGD Financial Management: Course Comparison
Parameters | MBA in Capital Markets | PGD in Finance Markets |
---|---|---|
Overview | MBA in Capital Market is a 2-year postgraduate course that aims to train students for stock market functioning and also teaches the important aspects of portfolio management and financial management along with other subjects. | PGD in Financial Management is a diploma level financial management course. The course duration ranges from 1 to 2 years depending on the institute. |
Eligibility | Entrance and Merit-based | Entrance and Merit-based |
Duration | 2 years | 1-2 years |
Recruiting Companies | Goldman Sachs, Boston Consulting Group, McKinsey, Morgan Stanley, JP Morgan, Lehman Brothers, Merrill Lynch, Barclays, KPMG, Bain & Co, Deutsche Bank, Deloitte | Research and Educational Institutes, AIG, Boeing, Banks, Philips, JPMorgan Chase |
Job Roles | Asset Management, Corporate Financing, Corporate Banking, Credit Risk Management, Treasury, Private Equity | Bank officer, Bank Manager, Accountant, Controller, Financial Manager |
PGD Financial Management: Job Profile
PGD in Financial Management for an applicant eligible for the following job positions:
Job Profile | Job Description | Annual Salary |
---|---|---|
Bank officer | Responsible for all the tasks related to financial services | 300,000 500,000 |
Bank manager | Schedules, Assigns, and Manage all the financial work | 600,000- 700,000 |
Accountant | Records all the financial details including both expense, income, and estimation. | 600,000-700,000 |
Controller | The person who controls and manages all financial status | 700,000-800,000 |
Financial Manager | One who manages all the financial transactions | 700,000-800,000 |
PGD Financial Management: Future Scopes
Learners can aspect for various career opportunities after PGD in Financial Management courses in the financial services sector. Aspirants can not only join companies providing financial management services but can also smear for educational and research institutions in the field. PGD in Financial Management is a professional course that conveys specialized knowledge to the candidate and hereafter makes them a worthy choice for the companies that require the services of a financial management expert.
Given below are the mutual areas of employment after PGD in Financial Management:
- Banks
- Financial Service Providers
- Investment Management
- Portfolio Management
- Financial Consultancies
- Financial Risk Management
The applicants are also eligible to participate in higher education like masters, MPhil and PhD where this will develop the grade scale of the student.
PGD Financial Management: FAQs
Ques. What kind of learner can apply for this PGD course?
Ans. This program is considered for employed professionals. At the time of applying, applicants must be working in a different organization. Professionals who are holders of a registered business are also eligible to apply. For complete information, including academic background, work experience, refer to the course eligibility criteria.
Ques. Which are the top institutions that provide admission to PGD in Financial Management?
Ans. Some of the top institutions that provide admission to PGD in Financial Management are as follows:
- Advanced Institute of Management, New Delhi
- Presidency College, Berhampur
- Bundelkhand University, Jhansi
- NIIT-National Institute of Information Technology, New Delhi
- YMCA-Young Men Christian Association, New Delhi
- MU-Mumbai University, Mumbai
Ques. What is the main objective of this course?
Ans. The main objective of this course is to deliver the applicant with deep knowledge in the financial and banking industries. Also provided knowledge of national and international financial ideas and strategies. This course benefits in improving learners in managing critical situations over the financial areas to be responsible for more benefits.
Ques. What is the Eligibility criteria to pursue this course?
Ans. The candidates who have completed their graduation in any discipline with at last minimum aggregate marks obtained in their exams are eligible for this course. Some colleges consider the score in the entrance tests based on the subjects covered and may consider that scores as well.
Ques. What career opportunities are available after a PGD in Financial Management?
Ans. After a PGD in Financial Management, you can explore a lot in career opportunities of the banking sector as well as in finance and investment management companies.
Ques. Is work experience necessary for PGD in Financial Management?
Ans. No, the work experience is not really a necessity. Students can go for a PGD in Financial Management without having any proper work experience.
Ques. What higher education options are available after a PGD in Financial Management?
Ans. You can go for courses such as an MBA, PhD, and various other master's degree courses in the stream of finance after pursuing a PGD in Financial management course.
Ques. Is it worthy to pursue an MBA after PGD in Financial Management?
Ans. If a candidate is planning to pursue an MBA after PGD in Financial Management, it would be better to first gain around 3 - 5 years of work experience. The candidate would then be able to analyze better whether an MBA course would be worth it for their career or not. However, it would not be good advice for a student to go for an MBA right after a PGD in Financial Management.
Ques. How much salary can I get after a PGD in Financial Management?
Ans. The average starting salary after a PGD in Financial Management is around INR 300,000 to 500,000.
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