Postgraduate Diploma in Banking Management - Careers, Salary, Jobs, Scope

Postgraduate Diploma in Banking Management: Brief Summary

Why Post Graduate Diploma in Banking Management?

Post Graduate Diploma in Bank Management (PGDBM) is a postgraduate diploma course which can be availed after the graduation. The course curriculum is designed to prepare candidates for managerial roles in the banking sector.

The duration of the PGDBM course is variable and depends according to the college where some institutes such as Manipal provide this course for 1-year which including 2-3 months of internship/ training at bank’s branches whereas institutes like Timespro might extend it up to 2 years.

Top Institutes providing Postgraduate Diploma in banking Management are-

• Symbiosis Centre for Distance Education
• NMIMS Global Access for Continuing Education
• Times Pro
• IMTS Institute
• MANIPAL UNIVERSITY
• AMITY UNIVERSITY
• TKWS INSTITUTE OF BANKING AND FINANCE

Jobs and Careers Opportunities

Post Graduate Diploma in Bank Management helps in providing employment mainly in the areas of:

• Marketing Companies
• Corporate Banking
• Educational Institutes
• Retail branch Banking
• Business Banking
• Private Banking Sector

Other job offered in this course are in the field of Bank Management include:

• Financial Analyst
• Financial Manager
• Banking Executive
• Imperia Relationship Manager
• Banking Assistant
• Banking Officer
• Cluster Head
• Relationship Manager
• Sales Manager
• Sales Executive
• Branch Head
• Credit Analyst

Financial Analyst

A financial analyst is one who studies about the trends in marketplace, demographics and microeconomic factors and analysing them thereby helping the company to take smart investment decisions.

The key skills required are valuation, SAS, financial modelling, SAP financial accounting and controlling and financial reporting.

The average salary of a financial analyst is around Rs 3,27,070 per year.

Relationship Manager

A relationship manager helps in building up communication between the client and the company by convincing them about the company’s whereabouts and creating brand awareness among them. They also help in ensuring continuous high quality service, product delivery and also seek after client’s need.

The average annual salary is Rs 3,83,000 and upwards depending on their portfolio management, banking, financial analysis, investment management and oral or verbal communication skills.

Sales Executive

These people are basically the head of the sales department who identify and track information of targeted customers and document their interactions with them thereby understanding the value of their prospective sales.

They also track stock levels as well as delivery times by initiating contact through answering the client’s queries until completion.

The average salary is Rs 2,00,587 per year.

Credit Analyst

The job of credit analyst is to understand the worthiness of credit of any individual or a business. They analyse the past purchases by a customer with the use of a credit card and give their decision for sanctioning a loan.

They also assess the credit risk and evaluate them thereby helping the organisation in decision-making.

Their experience in this field gives them an edge in earning a salary of Rs 5,00,720 per year.

Investment Banker

The job includes assisting clients in aspects of mergers and acquisitions, issuing debt, selling equity and advising them, regarding lucrative opportunities in the future. The average salary of an investment banker is somewhere between 9 to 10 lakhs per annum.

Loan Counselor

Loan counselor is responsible for assisting clients to get a deeper insight whether the loan suits the requirement of the clients, give clients an understanding of loans, restrictions and repayment policies details which can help the clients to select the best policies as per their requirements. Salary of a loan counselor is anything between 2.5 to 3.5 Lakhs per annum depending upon the company and job location.

PGDBM: Salary

The candidates can acquire a stipend generally ranging from Rs. 2500/- and onwards per month during their training period and a separate amount during their internship period.

Though, the amount may vary depending on the company size, college in which they are pursuing the course, the candidate’s job profile etc. The range of salary for different jobs might differ according to skill of the employee.

Recruiters

There are a lot of banks which visit the institution as recruiters who offer this course for employing candidates for the position of Probationary Officer or Sales Officer or Credit Officer Posts etc.

Some of the banks which are the recruiters of PGDBM course are mentioned below-

• ICICI
• HDFC
• SYNDICATE
• IDBI
• BANK OF BARODA
• ANDHRA BANK
• CANARA BANK
• Axis Bank
• Indian Bank
• inc
• JP Morgan
• Royal Bank of Scotland
• SBI Capitals market limited
• Birla global finance limited
• ABC Consultants

However, the public sector bank considers the scores of BOB PGDBF, Syndicate Bank PGDBF & IDBI PGDBF exams.

SYLLABUS

The course follows a trimester pattern which consist of 3 trimesters each spanning over a period of 15 weeks with approximately 7-8 subjects included in each of them.

Requirements of PGDBM Course

• The candidate should have a graduate degree with a minimum qualifying percentage from a recognized university. (Renowned institute prefer at least 50%)
• The candidate should have appeared and cleared entrance tests held by various institutions for admission to the course in their college.
• To get admission in the college the candidate should have minimum marks as per the qualifying cut off of the respective college.

Admission procedure

• Candidates having completed their under graduation of three or four years. Admission can either be based on merit or score in entrance test.
• Various colleges based on the number of students who have appeared in the entrance exam release their cut off for different categories.
• After selection of students from written exams most of the institution conducts various kinds of institutional exams of various kind of skills such as writing test followed by personal interview.

Popular colleges offering Postgraduate Diploma in Banking Management

Scope after Postgraduate Diploma in Banking Management

The banking sector is considered as the backbone of an economy in today’s world, though, the picture was not the same during the 1980s. It was not until 1991, that its scope increased and during the last year around 60,000 people were recruited at various positions in government aided banks as well as private banks through a series of tests conducted by the authorities.

The biggest advantage of this sector is that it provides employment to candidates seeking job from different fields. As the government is trying to introduce banks branches in the most remote areas, the employment also opportunities also increase.

Graduates after the successful completion of the course have lucrative opportunities to join reputed banking and investments companies at senior positions. The candidates who pass out with this specialization are trained in various aspects of Banking and Finance which is relevant to the needs of various sectors such as stock markets, financial firm etc.

Candidates with this specialization have wide job opportunities in various sectors like Banking, Corporate Banking, Financial Sector, Auditing Departments, Credit Administration etc; which are rising continuously since the government reforms are encouraging banking system in our country and also with years passing more and more people are opening their bank accounts which increases the requirements of banking personal in the country.