Description
Course Name: Advanced Diploma in Microfinance and Entrepreneurship
Course Id: ADME/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: The Advanced Diploma in Microfinance and Entrepreneurship is an excellent program for individuals looking to make a difference in the financial services and small business sectors, particularly in underserved or developing areas.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Syllabus
Basic of Microfinance: Banking correspondent model and banking facilitator, non banking financial institutions, non-financial products, types of sources, methods of accounting, NBFCS and other local banks, co-operative banks, risk rise in credit and funding.
Managerial Economics: Managerial economics: nature and scope, fundamental economic condepts, consumer behaviour, behaviour of firm various market situations, macro-economics, marginal efficiency of capital, budgets and budgetary deficits, balance of payment management, foreign exchange reserves, business cycles.
Business Environment and Microfinance: Meaning of business, concept of business, significance of business environment, benefits of a good business environment, types of social organizations, impact of foreign culture on India, corporate social responsibility (CSR), impact of economic environment on business, types of commercial banks of India, role of stock exchanges in capital market of India.
Financial Management: Introduction to financial management cost of capital, operating and financial leverage, capital budgeting, capital budgeting evaluation techniques, working capital management, cash management and marketable securities, management of receivables, inventory management, dividend decisions, working capital financing, regulation of bank finance.
Entrepreneurship development: Evolution of the word entrepreneur, internal and external factors of entrepreneur, types of entrepreneur, importance of entrepreneurship, types of entrepreneurship, role of entrepreneurial development programme, sources of business ideas, meaning and definition of small scale industries, social responsibility of business.
Basics of Entrepreneurship: Meaning of entrepreneur, functions of entrepreneur, classification/types of entrepreneur, elements of entrepreneurship, factors influencing entrepreneurship, business process management, types of resource mobilization for startups.
Job Opportunities after completion of Advanced Diploma in Microfinance and Entrepreneurship course:
After successful completion of the Advanced Diploma in Microfinance and Entrepreneurship program, graduates are well-equipped with the skills and knowledge required to work in the fields of microfinance, small business management, and entrepreneurship. This program focuses on the financial services provided to individuals and small businesses who do not have access to conventional banking, while also covering critical aspects of entrepreneurship, such as starting, managing, and scaling businesses.
Career Options After Completing the Advanced Diploma in Microfinance and Entrepreneurship:
- Microfinance Officer/Manager:
- Graduates can work with microfinance institutions (MFIs) that provide financial services to underserved populations. They may assess and approve micro-loans, help manage clients’ accounts, and ensure the financial inclusion of low-income individuals or small businesses.
- Loan Officer (Microfinance):
- Loan officers in microfinance institutions evaluate the creditworthiness of clients applying for small loans and provide them with financial products to meet their needs. They may work directly with borrowers, especially in rural or low-income urban areas.
- Microfinance Consultant:
- Experienced professionals can work as consultants for microfinance institutions or NGOs, helping them design and implement microfinance programs, assess the impact of loans, and improve financial strategies for underserved communities.
- Entrepreneur/Business Owner:
- With the entrepreneurial knowledge gained, graduates can start their own small business or social enterprise, especially in sectors like retail, manufacturing, agriculture, or services. They are prepared to navigate the challenges of starting and scaling a business, including securing funding and managing operations.
- Social Entrepreneur:
- Graduates may choose to work in the social entrepreneurship field, where they create businesses that aim to solve social problems (e.g., poverty alleviation, education, healthcare) while still generating a profit. They can work in areas such as community development, sustainable agriculture, or affordable healthcare.
- Financial Literacy Trainer/Consultant:
- Graduates can train small business owners or communities on financial literacy, helping them manage finances, access microfinance services, and develop sustainable financial practices. They may work for NGOs, community centers, or financial institutions.
- Business Development Officer:
- In a business development role, graduates can help small businesses grow by identifying new opportunities, expanding customer bases, and facilitating access to capital and resources. This could involve working for government agencies, development banks, or private organizations that support small enterprises.
- Credit Analyst (Microfinance):
- Credit analysts working in microfinance institutions assess loan applications and determine the repayment capability of small business owners or individual borrowers. They may also assess market conditions and financial reports to predict credit risks.
- Microfinance Program Manager:
- Graduates can manage microfinance programs or projects for NGOs, financial institutions, or government bodies. In this role, they oversee day-to-day operations, manage loan portfolios, develop new products, and ensure that the program meets its financial inclusion goals.
- Policy Advisor (Microfinance/Entrepreneurship):
- Some graduates may work with government bodies, NGOs, or international organizations to develop policies that encourage microfinance and entrepreneurship. This could involve drafting regulations, advocating for improved access to capital, or designing financial inclusion programs.
- Financial Analyst (SMEs):
- A financial analyst working with small and medium-sized enterprises (SMEs) helps them with financial planning, budgeting, risk management, and raising capital. They analyze financial statements, assess profitability, and provide strategic advice to business owners.
- Rural Development Officer:
- Graduates can work with government bodies or development organizations to implement rural development programs. These programs may include offering microfinance to smallholder farmers, providing training to rural entrepreneurs, or improving access to essential services like healthcare and education.
- Corporate Social Responsibility (CSR) Manager:
- CSR managers in companies often oversee initiatives aimed at social responsibility, including supporting microfinance or entrepreneurship projects. They might manage partnerships with MFIs, social enterprises, or other organizations working on social impact.
- Grants Officer/Manager:
- Graduates can work with NGOs, international organizations, or government agencies, managing grants for microfinance programs or entrepreneurship development projects. They help allocate funds to microfinance institutions, businesses, or community development initiatives.
- Banking Relationship Manager (Small Business):
- In banks or financial institutions, graduates may work as relationship managers, focusing on providing banking products (such as loans, insurance, and savings accounts) tailored to small businesses and entrepreneurs.
- NGO Program Manager (Microfinance):
- NGOs often run microfinance programs aimed at improving the financial independence of low-income communities. Graduates can work as program managers overseeing such initiatives, managing loan portfolios, and ensuring that programs have a positive impact.
- Impact Investing Analyst:
- Impact investors focus on investing in businesses or projects that create a social or environmental impact. Graduates can work with impact investment firms that focus on microfinance or social enterprises, evaluating investment opportunities and helping to manage portfolios.
- Micro-Insurance Agent:
- Graduates may also pursue careers in micro-insurance, which provides affordable insurance products for low-income populations. They can work as agents or product managers, helping clients access insurance products tailored to their needs.
- Sustainable Development Officer:
- In this role, graduates can work for international organizations or government agencies, promoting sustainable economic development through microfinance programs and entrepreneurship initiatives.
- Community Development Officer:
- This role involves working directly with communities to enhance their economic well-being through microfinance, entrepreneurship training, and small-scale business development. Community development officers may work with local governments or NGOs.
Salary Range:
The salary for graduates of the Advance Diploma in Microfinance and Entrepreneurship program can vary significantly based on experience, geographic location, and the specific career path pursued. Below is an approximate salary range for various roles in the field:
- Entry-Level Positions (0-2 years of experience):
- Salary Range: ₹2.5 LPA – ₹4 LPA
- For roles like microfinance officers, loan officers, or entry-level business consultants, salaries range from ₹2.5 to ₹4 lakhs per annum depending on the organization and location.
- Mid-Level Positions (3-5 years of experience):
- Salary Range: ₹4 LPA – ₹8 LPA
- Professionals with 3-5 years of experience in roles like financial literacy trainers, business development officers, or microfinance program managers can expect salaries ranging from ₹4 to ₹8 lakhs per annum.
- Senior-Level Positions (5+ years of experience):
- Salary Range: ₹8 LPA – ₹15 LPA
- Senior professionals in positions such as program managers, senior credit analysts, or relationship managers in microfinance institutions can earn between ₹8 and ₹15 lakhs annually.
- Specialized or Consulting Roles:
- Salary Range: ₹10 LPA – ₹25 LPA+
- Graduates who become microfinance consultants, entrepreneurs, or work in specialized roles (e.g., social entrepreneurship) can earn significantly higher, depending on the success of their projects and businesses.
- Entrepreneurs or Self-Employed Individuals:
- Income Range: Varies
- If graduates choose to start their own businesses or social enterprises, their income can vary greatly depending on the business’s success, industry, and location. Successful entrepreneurs can earn far more, but there is also the potential for risk.
Industries for Career Opportunities:
- Microfinance Institutions (MFIs):
- Graduates can work with microfinance institutions that offer small loans to underserved communities.
- Non-Governmental Organizations (NGOs):
- NGOs that focus on poverty alleviation, women’s empowerment, and rural development frequently hire microfinance and entrepreneurship specialists.
- Banks and Financial Institutions:
- Many banks offer microfinance products and may employ graduates in roles related to small loans, micro-insurance, or entrepreneurship support.
- Government and Developmental Agencies:
- Government bodies and international development organizations often run microfinance programs and small business development initiatives.
- Social Enterprises:
- Graduates can work for social enterprises that focus on providing sustainable solutions for marginalized communities.
- Consulting Firms:
- Consulting firms that focus on financial inclusion, small business development, or sustainable growth offer roles for graduates of this program.
Conclusion:
The Advanced Diploma in Microfinance and Entrepreneurship program opens up a wide array of career opportunities in microfinance, small business development, and social entrepreneurship. Graduates can choose from roles in microfinance institutions, NGOs, government bodies, consulting, and as entrepreneurs. With competitive salaries, particularly in senior and specialized positions, this program equips graduates to contribute to economic development and financial inclusion while also pursuing impactful careers.
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