Description
Course Name: Diploma in Banking and Mutual Fund
Course Id: DBMF/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: A Diploma in Banking and Mutual Fund is an excellent choice for individuals looking to pursue a career in the banking or financial services industry. The course provides students with a solid understanding of both the operational side of banking and the strategic aspects of mutual fund investments.
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.
Diploma in Banking and Mutual Fund
Practice and Principle of Banking: Functions of banking and Indian banking system, banker & customer, employment of bank funds, law relating to negotiable instruments, history of banking in India, types of banks, preparations for bank audit.
Banking Environment & Operation: Introduction, saving bank account, saving/current account-benefits, resident foreign currency (Domestic) account, fixed deposit receipt, reinvestment deposit account, senior citizen deposit account.
Banking Law & Practical: Banking system, regulatory framework and compliances, legal aspects of banking operations, banking related laws, banker-customer relations, loans and advances, securities for banker’s loans, financial analysis of banks, international banking management, electronic banking and IT in banks, ethics and corporate governance in banks.
Mutual Fund Agent: Introduction, organisation of mutal funds, types of mutual fund schemes, restriction on investments, investment valuation norms, pricing of units, accounting policies for investment in securities, evaluation of mutual funds, recognition of dividend income, dividend equalisation.
Banking Product & Services: Introduction, nature of product, products and service in banking, elements of product mix, product life cycle and product strategies, new product development, branding in bank marketing, process and product development cycle for banking services, product development.
Banking Services Marketing: Marketing, marketing and selling, marketing and banking, marketing mix of a banker, market segmentation of a bank, product mix for banks, product management, price mix, pricing policies, promotion mix, personal promotional efforts, advertising and publicity, bank marketing personnel.
Job Opportunities after completion of Diploma in Banking and Mutual Fund course;
After successfully completing the Diploma in Banking and Mutual Fund program, graduates are well-equipped to pursue a wide range of career options in the financial services sector. This program typically covers essential topics such as banking operations, investment strategies, mutual funds, financial analysis, risk management, and customer relations, making graduates proficient in managing and advising on personal finance and investment decisions. The financial industry in India is rapidly evolving, and the demand for skilled professionals in banking and mutual fund management is growing.
Career Options and Salary Range for Graduates of the Diploma in Banking and Mutual Fund Program in India:
1. Banking Relationship Manager
- Role: Banking relationship managers maintain and grow relationships with clients, advising them on various financial products such as loans, mutual funds, and savings accounts. They serve as the primary point of contact between clients and the bank.
- Salary Range:
- Fresher: ₹20,000 to ₹30,000 per month
- Experienced: ₹40,000 to ₹60,000 per month
- Senior Relationship Manager: ₹70,000 to ₹1 lakh per month (for high-value clients or at larger banks)
2. Investment Advisor / Mutual Fund Advisor
- Role: Investment or mutual fund advisors offer guidance to individuals or companies on investment strategies, particularly regarding mutual funds, stocks, bonds, and other financial instruments. They analyze market trends and suggest the best options based on the client’s financial goals.
- Salary Range:
- Fresher: ₹25,000 to ₹35,000 per month
- Experienced: ₹50,000 to ₹80,000 per month
- Senior Advisor: ₹1 lakh to ₹1.5 lakh per month (especially in well-established firms or high-net-worth client segments)
3. Portfolio Manager
- Role: Portfolio managers manage investment portfolios for individuals or institutions. They create customized investment strategies, primarily in mutual funds, equities, and fixed-income securities, based on the client’s financial goals and risk tolerance.
- Salary Range:
- Entry-level: ₹30,000 to ₹45,000 per month
- Experienced: ₹70,000 to ₹1 lakh per month
- Senior Portfolio Manager: ₹1.5 lakh to ₹3 lakh per month (for large firms or institutions)
4. Mutual Fund Relationship Manager
- Role: Mutual fund relationship managers focus specifically on managing mutual fund investments. They interact with clients, explain mutual fund options, and assist them in selecting appropriate funds for their investment portfolios.
- Salary Range:
- Fresher: ₹20,000 to ₹35,000 per month
- Experienced: ₹40,000 to ₹60,000 per month
- Senior Relationship Manager: ₹70,000 to ₹1 lakh per month (in larger mutual fund firms or for high-value clients)
5. Banking Operations Manager
- Role: Operations managers in banking oversee day-to-day banking operations, including account management, transactions, processing loans, and ensuring compliance with banking regulations. They are responsible for ensuring the smooth functioning of the bank’s internal operations.
- Salary Range:
- Entry-level: ₹30,000 to ₹40,000 per month
- Experienced: ₹50,000 to ₹70,000 per month
- Senior Manager: ₹1 lakh to ₹1.5 lakh per month (in large national banks)
6. Financial Analyst
- Role: Financial analysts evaluate investment opportunities, financial data, and market trends to guide investment decisions. They may work for banks, mutual fund companies, or other financial institutions, providing insights on stocks, bonds, and mutual funds.
- Salary Range:
- Fresher: ₹20,000 to ₹30,000 per month
- Experienced: ₹50,000 to ₹70,000 per month
- Senior Financial Analyst: ₹1 lakh to ₹1.5 lakh per month
7. Risk Management Analyst
- Role: Risk management analysts in banking and mutual funds are responsible for identifying, assessing, and mitigating risks in investment portfolios or banking operations. They analyze data to help firms avoid financial losses from market volatility, fraud, or operational failures.
- Salary Range:
- Fresher: ₹30,000 to ₹40,000 per month
- Experienced: ₹50,000 to ₹70,000 per month
- Senior Analyst: ₹80,000 to ₹1.2 lakh per month
8. Compliance Officer in Banking
- Role: Compliance officers ensure that banks and financial institutions adhere to regulatory standards and internal policies. They are responsible for managing compliance risk, conducting audits, and ensuring the institution meets all legal and financial regulations.
- Salary Range:
- Entry-level: ₹25,000 to ₹35,000 per month
- Experienced: ₹40,000 to ₹60,000 per month
- Senior Compliance Officer: ₹80,000 to ₹1.2 lakh per month
9. Sales and Marketing Executive (Mutual Funds)
- Role: Sales and marketing executives in mutual funds focus on promoting and selling mutual fund products. They build relationships with investors, educate them about different mutual fund schemes, and work on acquiring new clients for the fund house.
- Salary Range:
- Fresher: ₹20,000 to ₹30,000 per month
- Experienced: ₹40,000 to ₹60,000 per month
- Senior Executive: ₹70,000 to ₹1 lakh per month
10. Customer Relationship Executive (Banking)
- Role: Customer relationship executives handle customer queries, resolve issues, and offer financial products like loans, savings accounts, and insurance. They are also responsible for maintaining long-term relationships with customers and improving customer satisfaction.
- Salary Range:
- Entry-level: ₹15,000 to ₹25,000 per month
- Experienced: ₹30,000 to ₹45,000 per month
- Senior Executive: ₹50,000 to ₹70,000 per month
11. Branch Manager (Banking)
- Role: Branch managers oversee the day-to-day operations of a bank branch, managing staff, customer relations, sales targets, and branch profitability. They also ensure compliance with regulatory guidelines and handle high-net-worth clients.
- Salary Range:
- Entry-level: ₹40,000 to ₹60,000 per month
- Experienced: ₹70,000 to ₹1 lakh per month
- Senior Branch Manager: ₹1.5 lakh to ₹2 lakh per month (in larger banks or metro cities)
Factors Affecting Salary:
- Experience: Professionals with more experience, especially those with a proven track record in mutual funds, portfolio management, or banking, can expect to earn significantly higher salaries.
- Location: Salaries tend to be higher in metropolitan cities like Mumbai, Delhi, Bengaluru, and Chennai, where the demand for financial services is greater.
- Company: Large multinational banks or top mutual fund houses like HDFC, ICICI, SBI, Axis Bank, and Franklin Templeton tend to offer higher salaries compared to smaller institutions.
- Clientele: Those who work with high-net-worth individuals (HNIs) or large corporate clients in wealth management and investment advisory roles can command higher salaries and performance bonuses.
Conclusion:
Graduates of the Diploma in Banking and Mutual Fund program can look forward to a wide array of career opportunities in banking, investment advisory, financial analysis, risk management, and more. With the growing financial literacy in India and increasing interest in mutual fund investments, there is a constant demand for professionals with a sound understanding of financial products and markets. The salary ranges vary depending on experience, specialization, location, and the type of employer, but overall, the financial services industry offers lucrative career prospects with strong growth potential.