Diploma in Banking and Finance Course Fees

Diploma in Banking and Finance Course Fees: Career Scope & More

The diploma in banking and finance course fees in India range between ₹15,000 and ₹1,20,000 based on the type of institution, mode of study, and placement support. Government colleges charge lower fees while private institutions and bank-affiliated academies charge higher costs due to extra benefits like internships and job placement. This course prepares students for jobs in private and public banks, NBFCs, microfinance institutions, and insurance firms. It teaches practical skills in banking operations, financial systems, accounting, and legal frameworks. The course offers both career-starting opportunities and skill upgrades for finance professionals.

Diploma in Banking and Finance Course Fees in India

The Diploma in Banking and Finance is a short-term, career-oriented program aimed at preparing candidates for roles in the Banking, Financial Services, and Insurance (BFSI) sector. It is widely offered by both government-backed institutes and private academies. One of the key factors for students when selecting this course is its affordability and return on investment.

Average Fee Range

The course fees for a Diploma in Banking and Finance in India typically fall between:

  • ₹20,000 to ₹75,000 – depending on the institute type, course format (online or offline), and added services like job placement.

Institute-Wise Fee Structure

The Institute-wise fee structure for the Diploma in Banking and Finance varies significantly based on the course format, duration, and placement support offered. Here’s a breakdown of leading institutes in India, their course fees, and key highlights to help you choose the right program.

InstituteDurationFees (INR)Highlights
IIBF (Indian Institute of Banking & Finance)Flexible (exam-based)₹3,000 approxHighly affordable; industry-recognised diploma
NIIT IFBI3–6 months₹65,000 – ₹75,000Job-assured training with partner banks
Manipal Academy (ICICI/Axis collaboration)1 year₹3.3 lakhsIncludes paid internship and job placement
BSE Institute4–6 months₹50,000 – ₹60,000Focus on securities markets, practical simulations
EduBridge / IMS Proschool / TimesPro3–6 months₹35,000 – ₹55,000Corporate-focused; includes interview training
Online Platforms  (Coursera, Udemy, NPTEL)1–3 months₹500 – ₹7,000Certificate courses; self-paced; no placement assistance
Plutus Education3–6 months₹24,999 to ₹70,000Plutus Education offers several courses related to banking and finance, including ACCA, CFA, and CMA certifications, as well as courses in areas like ESG and IFRS.

What Do the Fees Typically Cover?

The course fees for a Diploma in Banking and Finance generally include more than just tuition—they cover essential learning and career-building components. Here’s a breakdown of what is typically included in the total fee package across most institutes.

  • Tuition & Study Material: Printed or digital course books, video lectures, e-content, and mock tests.
  • Skill Development: Communication training, resume building, banking software (Finacle/Tally) practice.
  • Assessment & Certification: Exam fees (if applicable), online test access, and government/institute-recognized certificates.
  • Placement Assistance: Offered by most private institutes—includes mock interviews, aptitude test training, and job referrals.

Scholarships & EMI Options

  • EMI Facilities: Available at NIIT IFBI, Manipal Academy, EduBridge via finance partners.
  • Bank Loans: Can be availed for high-end PG diplomas with confirmed job placement.
  • Government Support: SC/ST/OBC students may apply for subsidized training through NSDC-approved centers.

Diploma in Banking and Finance Course Fees in the USA 

The Diploma in Banking and Finance in the USA is offered through community colleges, vocational schools, and specialized institutes focusing on foundational financial skills. It is suitable for students and professionals seeking entry-level roles in American banking and financial services.

Average Fee Range

The total fees for a diploma-level program in banking and finance in the USA typically fall within the following range:

  • $5,000 to $15,000 USD
    (Approximately ₹4 lakhs to ₹12.5 lakhs INR)

Fees vary based on the institution type, course duration, and whether the student is a domestic or international applicant.

Typical Institutions Offering These Diplomas

In the USA, Diploma in Banking and Finance programs are primarily offered by community colleges, technical schools, and private training institutes. These institutions provide practical, job-ready education with fees and durations that vary based on program depth and student residency status.

Institution TypeExamplesFee Range (USD)Duration
Community CollegesHouston Community College, LACC, Bunker Hill CC$5,000–$8,0006 months–1 year
Vocational/Technical SchoolsMiami Dade College, NY Career Institute$6,000–$10,0009 months–1 year
Private Training CentresStratford University, DeVry University$10,000–$15,0009 months–1 year

What Does the Course Fee Typically Cover?

The course fee for a Diploma in Banking and Finance in the USA generally includes more than just tuition costs. It often covers study materials, access to financial software, certification exams, and career support services.

  1. Tuition – Classroom sessions or online access
  2. Learning Resources – eBooks, case studies, banking simulations
  3. Technology Fee – Access to financial software and portals
  4. Certification Charges – Final diploma and exam assessments
  5. Support Services – Resume workshops, career counseling, internships

Additional Costs for International Students

  • Application Fee: $50–$150 (one-time)
  • F-1 Visa Processing: $160 + SEVIS fee ($350)
  • Living Costs: $800–$1,200/month (housing, transport, food)
  • Health Insurance: $700–$1,200/year

Is It Worth the Cost?

Yes, especially for students targeting:

  • Entry-level jobs in retail banking, finance support, or customer relationship management
  • Pathway to associate degrees or further studies in finance
  • Exposure to U.S. financial practices, fintech tools, and global banking regulation.

Online vs Offline Learning Models – Diploma in Banking and Finance

With the growing demand for career-ready skills in banking and finance, students can now choose between various learning modes: full-time classroom-based programs, fully online courses, and hybrid models that combine both. Each format comes with its own advantages, cost structures, and placement opportunities.

Offline Learning Model

Offline programs are conducted in classrooms, with direct faculty interaction, practical labs, and often campus placement assistance. These are best suited for students who prefer structured environments and face-to-face mentoring.

Key Features

  • Regular in-person classes
  • Hands-on training with banking software
  • Mock interviews and campus recruitment drives
  • Networking with peers and faculty

Duration

  • Typically 9 to 12 months

Cost Impact

  • Higher fees: Usually ₹50,000 to ₹3.3 lakhs depending on institute and placement support

Top Offline Platforms/Institutes

InstituteProgramFee Range
Manipal Global AcademyPGDBF with ICICI/Axis Bank₹3.3 lakhs
NIIT IFBIDiploma in Banking and Finance₹65,000 – ₹75,000
BSE InstituteDiploma in Financial Markets₹50,000 – ₹60,000

Online Learning Model

Online programs are delivered through self-paced video lectures, quizzes, and downloadable content. They are ideal for working professionals and students who need flexibility and cannot attend physical classes.

Key Features

  • Learn anytime, anywhere
  • Recorded video sessions and e-books
  • Lower tuition fees
  • No placement assistance in most cases

Duration

  • Typically 6 to 9 months

Cost Impact

  • Lower fees: ₹500 to ₹7,000 (for platforms like Udemy or Coursera)

Top Online Platforms

PlatformCourseFees
Plutus EducationPlutus Education offers several courses related to banking and finance, including ACCA, CFA, and CMA certifications, as well as courses in areas like ESG and IFRS.₹24,999 to ₹70,000
Coursera (Columbia/Yale)Financial Markets, Risk Mgmt₹3,000 – ₹7,000
UdemyDiploma in Banking, Excel for Finance₹499 – ₹2,000
Swayam (NPTEL)Banking and Financial MarketsFree (₹1,000 for exam certificate)
QuantInsti (EPAT)Algorithmic Trading + Finance₹1.5 – 2 lakhs (advanced level)

Hybrid Learning Model

Hybrid programs blend online theory sessions with offline practical workshops or weekend labs. They balance flexibility with hands-on experience, and often come with moderate placement support.

Key Features

  • Online learning + optional classroom sessions
  • Weekend classes or live mentoring
  • Simulation tools and industry case studies

Duration

  • Typically 6 to 12 months

Cost Impact

  • Mid-range fees: ₹30,000 – ₹60,000

Top Hybrid Learning Platforms

PlatformProgramFee
EduBridgeDiploma in BFSI + Live Classes₹35,000 – ₹45,000
TimesProHybrid PG Program in Banking₹40,000 – ₹50,000
IMS ProschoolBanking and Financial Modeling₹45,000 – ₹55,000

Comparison: Online vs Offline vs Hybrid

Some institutes run full-time offline courses with classroom training and campus placement. These are more expensive. Others offer online or hybrid learning where students access lectures, e-books, and assessments remotely. Online modes are cheaper but may not include placement.

Learning ModeDurationFeaturesCost ImpactPlacement Support
Offline9-12 monthsClassroom + PlacementsHigher feeYes (strong)
Online6-9 monthsSelf-paced + Video lecturesLower feeRare
Hybrid6-12 monthsOnline + Weekend Practical ClassesMid-rangeLimited/Moderate

Students should choose a learning mode based on flexibility, financial capacity, and career goals.

Comparing Course Fees of Top Indian Institutes

Student’s Revolutions, an organisation rotating around the globe, came up with various institutes with different fees that offered the program on a diploma basis in banking and finance. Comparison will tell students which program provides the best budgetary and career terms. Each institute offers its features, study models, and outcomes. Some include placement support and real-time projects, while others focus only on theoretical content.

Institute NameFees Range (INR)DurationPlacement SupportMode
IGNOU₹12,000 – ₹18,0006 monthsNoDistance
Manipal University (ICICI Academy)₹3,30,000 – ₹1,20,0001 YearYesOffline
NIIT IFBI₹65,000 – ₹75,0003–6 monthsYesHybrid
TimesPro (Times Group)₹40,000 – ₹50,0004–6 monthsYesHybrid
EduBridge (NSDC Funded)₹35,000 – ₹45,0004–6 monthsYesOnline
Amity University₹55,000 – ₹75,0009 monthsLimitedOnline
BSE Institute₹50,000 – ₹60,0004-6 monthsYesOnline

Key Takeaways from Fee Comparison

  • IGNOU is the cheapest option. It is best for students who want to study cheaply and do not need job assistance.
  • Manipal University, with an ICICI Bank tie-up, is the most expensive, but it guarantees job placement post-completion.
  • NIIT IFBI builds strong bank-specific training with real industry modules and private partnerships.
  • TimesPro offers fast-track programs with placement prep and soft skills training. It suits freshers who need job-ready skills.
  • EduBridge, funded by NSDC, gives affordable online training with job support and is best for students in Tier 2 and Tier 3 cities.
  • Amity University and BSE Institute provide mid-range options with online flexibility, though placements may be limited.

Hidden Costs and Add-On Services

Students must always check for hidden charges. Some institutes break the total cost into smaller parts, but some costs are not visible when joining. These include:

  • Certification Charges: Some courses charge ₹2,000 to ₹5,000 for issuing final certificates.
  • Placement Training Charges: Institutes may charge extra for resume building, mock interviews, and job portal access.
  • Study Material Fees: Printed books, PDFs, and e-libraries might come at an added cost.
  • Assessment Fees: Online tests or final exams may be billed separately in online and hybrid programs.
  • GST/Taxes: Institutes often add 18% to the course fee.

What if the Diploma is Done Outside India?

Many students also explore banking diplomas outside India, especially if they want global careers or to work in international banking. Foreign diplomas are more expensive but offer worldwide recognition, internship support, and global finance exposure.

Popular International Diplomas and Fees

Many students choose international diplomas to build strong global finance careers. These diplomas offer expert-level learning, recognized certificates, and high job value in global markets.

CountryInstitute/UniversityFees (INR Equivalent)DurationRecognition
UKLondon Institute of Banking & Finance₹4,00,000 – ₹6,50,0006-9 monthsRecognized by global banks
CanadaCentennial College / Humber College₹6,00,000 – ₹8,00,0001 YearAccepted in Canadian banking
AustraliaTAFE NSW / Victoria University₹5,50,000 – ₹7,50,0001 YearGlobally accepted diploma
UAE (Dubai)American University of Dubai₹4,00,000 – ₹6,00,0006-12monthsUseful in the GCC banking market
SingaporeKaplan / PSB Academy₹3,50,000 – ₹5,00,0006 monthsRecognized in Southeast Asia

Key Differences Between Indian and Foreign Diplomas

Foreign diplomas are good for students who plan to settle abroad or apply for jobs in international banking and finance companies. However, Indian banking diplomas are much cheaper and focus on getting students placed quickly in Indian financial institutions.

FeatureIndian DiplomaForeign Diploma
Cost₹15,000 – ₹1,20,000₹3,50,000 – ₹8,00,000
RecognitionMostly valid in IndiaGlobal recognition
PlacementIndian private bank jobsInternational banks & MNCs
Teaching ApproachBasic classroom or online trainingCase studies, practical simulations
Career SupportInstitute-level job fairsUniversity career cells + internships

Diploma in Banking and Finance Course Fees FAQs

1. What is India’s average banking and finance course diploma fee?

Fees start from ₹15,000 in IGNOU or government centers and go up to ₹1,20,000 in Manipal or NIIT academies. The cost depends on the brand, mode of study, and placement support.

2. Which college gives placement after a banking diploma?

Manipal University (with ICICI), NIIT, IFBI, TimesPro, and EduBridge offer placement support. Upon completion, Manipal guarantees an ICICI Bank job post.

3. Can I get a bank job with this diploma only?

Yes. Private banks hire diploma holders for sales and back-office roles. For public sector banks, you must clear the IBPS exams separately.

4. Which is better: online or offline banking diploma?

Offline training gives better practical exposure and placements. Online courses are cheaper and flexible, but may not offer jobs directly.

5. Is this diploma valid for government jobs?

Yes. The diploma is valid, but does not directly help in government recruitment. It builds banking knowledge and is helpful for IBPS, SBI, and RBI exams.