Description
Course Name: Diploma in Banking and Insurance
Course Id: DBI/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: The Diploma in Banking and Insurance is a versatile course that provides a comprehensive understanding of the financial services industry. With increasing demand for skilled professionals in banking and insurance, this diploma equips students with the expertise needed to excel in these fields, making it a valuable addition to their qualifications.
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.
A Diploma in Banking and Insurance prepares graduates with the essential knowledge and skills required to work in the banking and insurance sectors. The program covers various aspects of financial products, risk management, regulatory frameworks, and customer service. Graduates can explore diverse roles in banking, insurance, financial institutions, and even regulatory bodies. Below is a detailed breakdown of career options and salary ranges in India:
1. Banking Relationship Manager
- Role: Manages relationships with individual or corporate clients, provides financial products and services, and ensures customer satisfaction.
- Salary Range: ₹4 – ₹8 LPA (entry-level); ₹8 – ₹15 LPA (mid-level); ₹15 LPA and above (senior roles).
2. Insurance Agent/Advisor
- Role: Sells insurance policies, educates clients about insurance products, and helps them choose the best plans based on their needs.
- Salary Range:
- Fixed salary component (if employed): ₹2.5 – ₹5 LPA.
- Commission-based income: Varies; experienced agents can earn ₹5 – ₹20 LPA or more depending on policy sales.
3. Financial Advisor (Banking & Insurance)
- Role: Provides financial planning services, including insurance, loans, investments, and retirement planning.
- Salary Range: ₹4 – ₹6 LPA (entry-level); ₹6 – ₹12 LPA (mid-level); ₹12 – ₹20 LPA (senior roles).
4. Bank Probationary Officer (PO)
- Role: Handles various administrative and banking operations, such as loan approvals, account management, and customer service.
- Salary Range: ₹4 – ₹6 LPA (entry-level); ₹6 – ₹12 LPA (mid-level); higher positions can earn more with added responsibilities.
5. Loan Officer
- Role: Reviews and processes loan applications, evaluates the creditworthiness of applicants, and approves or rejects loans.
- Salary Range: ₹3 – ₹6 LPA (entry-level); ₹6 – ₹12 LPA (mid-level); ₹12 LPA and above (senior roles).
6. Insurance Underwriter
- Role: Assesses risk in the issuance of insurance policies, analyzes the information provided by applicants, and determines coverage terms.
- Salary Range: ₹3 – ₹6 LPA (entry-level); ₹6 – ₹12 LPA (mid-level); ₹12 LPA and above (senior roles).
7. Claims Officer (Insurance)
- Role: Handles insurance claims, verifies documentation, and ensures timely processing and settlement.
- Salary Range: ₹3 – ₹6 LPA (entry-level); ₹6 – ₹10 LPA (mid-level).
8. Customer Service Executive (Banking & Insurance)
- Role: Assists customers with inquiries, resolves issues related to banking products or insurance claims, and ensures customer satisfaction.
- Salary Range: ₹2.5 – ₹4 LPA (entry-level); ₹4 – ₹7 LPA (mid-level).
9. Risk Analyst (Banking & Insurance)
- Role: Identifies potential risks in banking and insurance portfolios, helps design risk mitigation strategies, and ensures regulatory compliance.
- Salary Range: ₹5 – ₹8 LPA (entry-level); ₹8 – ₹15 LPA (mid-level); ₹15 LPA and above (senior roles).
10. Investment Banker
- Role: Advises clients on investments, mergers, acquisitions, and capital raising, works in financial institutions and investment firms.
- Salary Range: ₹7 – ₹15 LPA (entry-level); ₹15 – ₹25 LPA (mid-level); ₹25 LPA and above (senior roles).
11. Operations Manager (Banking)
- Role: Oversees day-to-day banking operations, ensures smooth functioning of branches, manages staff, and improves operational efficiency.
- Salary Range: ₹6 – ₹12 LPA (entry-level); ₹12 – ₹20 LPA (mid-level); ₹20 LPA and above (senior roles).
12. Bank Manager
- Role: Manages the operations of a bank branch, supervises employees, ensures the achievement of sales targets, and handles customer issues.
- Salary Range: ₹6 – ₹12 LPA (entry-level); ₹12 – ₹20 LPA (mid-level); ₹20 LPA and above (senior roles).
13. Investment Advisor
- Role: Provides investment advice to clients based on their financial goals and risk profiles, helps clients select appropriate financial instruments such as stocks, bonds, and mutual funds.
- Salary Range: ₹5 – ₹10 LPA (entry-level); ₹10 – ₹20 LPA (mid-level); ₹20 LPA and above (senior roles).
14. Bancassurance Executive
- Role: Sells insurance products through a partnership between a bank and an insurance company, advising customers on insurance policies.
- Salary Range: ₹3 – ₹5 LPA (entry-level); ₹5 – ₹10 LPA (mid-level).
15. Compliance Officer (Banking & Insurance)
- Role: Ensures that banking and insurance operations comply with relevant laws and regulations, implements anti-money laundering (AML) policies, and oversees audits.
- Salary Range: ₹5 – ₹10 LPA (entry-level); ₹10 – ₹15 LPA (mid-level); ₹15 LPA and above (senior roles).
16. Portfolio Manager
- Role: Manages investment portfolios for individuals or institutions, advises on asset allocation, and monitors market trends.
- Salary Range: ₹6 – ₹12 LPA (entry-level); ₹12 – ₹25 LPA (mid-level); ₹25 LPA and above (senior roles).
17. Financial Risk Manager
- Role: Analyzes and manages financial risks associated with banking and insurance products, develops risk management strategies, and ensures compliance.
- Salary Range: ₹6 – ₹12 LPA (entry-level); ₹12 – ₹20 LPA (mid-level); ₹20 LPA and above (senior roles).
Key Factors Influencing Salaries:
- Experience: Entry-level employees typically start with a fixed salary, but senior professionals can earn higher salaries due to added responsibilities and expertise.
- Employer: Large banks, financial institutions, and leading insurance companies offer competitive salaries and growth opportunities.
- Location: Professionals in major cities such as Mumbai, Delhi, Bangalore, and Chennai earn higher salaries due to the cost of living and demand for financial services.
- Skills & Certifications: Additional certifications, such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), or IRDA certification for insurance professionals, can boost career prospects and salaries.
Emerging Trends:
- Digital Banking & InsurTech: The rise of digital platforms and mobile apps in banking and insurance has created new career opportunities in tech-driven roles.
- Artificial Intelligence & Automation: AI and machine learning are transforming customer service and risk management in banking and insurance.
- Customer-Centric Services: Emphasis on personalized financial products and customer service leads to an increasing demand for skilled professionals in relationship management and advisory roles.
Reviews
There are no reviews yet.