Description
Course Name: Diploma in International Economy and Finance
Course Id: DIEF/Q1001.
Eligibility: Candidates need to have completed a Bachelor’s degree or equivalent.
Objective: The Diploma in International Economy and Finance is an excellent choice for individuals interested in building a career in global finance, international trade, and economic analysis. With a strong focus on understanding the dynamics of the global economy, financial systems, and cross-border financial management, this program equips graduates with the skills necessary to navigate complex international markets and contribute to the financial success of organizations operating worldwide.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
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) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Diploma In International Economy and Finance
International Economy and Globalization- Economic Globalisation- A Challenge For Official Statistics, Impact of Globalisation on The Production of Economic Statistics, Countries Initiatives, Revised International Statistical Standards Classifications and Guidelines- The Internationalization Monitor: the Dutch implementation of the OECD Handbook of Globalization Indicators, New challenges to national statistics of Ukraine under the globalisation processes.
Non-Tariff Trade Barriers- Definition and Incidence of Non-Tariff Measures, Quantification of the Effects of Non- Tariff Measures, Non-Tariff Measures- Review of Empirical Evidence from Case Studies, Transparency in Non- Tariff Measures- Reporting and Monitoring, Regulatory Frameworks for Non- Tariff Measures, Streamlining Non- Tariff Measures, Classification of non-tariff measures, Frequency index and coverage ratios by chapter, Approaches to reform of non-tariff measures.
International Factor Movements and Multinational Enterprises- International Factor Movements and Multinational Enterprises, Factor movements, Multinational enterprises, Foreign direct investment, Reasons for foreign direct investment, Choice between export and FDI, International joint ventures (JV), Reasons for international JV, Controversy over multinationals, International Labor Mobility: Migration, Effects of labour migration.
Foreign Exchange- General Features, Size of the Market, Hours Market, Efficiency, Currencies Traded, Physical Markets, Participants, Commercial Banks, Settlement of Transactions, Transactions in Interbank Markets, two-way Quotations, Direct Quotation, Indirect quotation, Spot and Forward transactions, Forward Margin/Swap points, Interpretation of Interbank quotations, Factors Determining Spot Exchange Rates- Balance of Payments, National Income, Resource Discoveries.
Exchange Rate Determination- Exchange Rate and Its Economic Effects, Introduction, The Exchange Rate, Economics for Finance, Economics for Finance, Nominal Versus Real Exchange Rates, The Foreign Exchange Market, Determination of Nominal Exchange Rate, Changes in Exchange Rates, Devaluation vs Depreciation, Impacts of Exchange Rate Fluctuations on Domestic Economy, Economics for Finance, Application oriented Question.
Exchange Rate Systems and Currency Crisis- The Evolution of Exchange Rate Regimes: A Fresh Look, Regime Performance: Inflation and Business Cycles, Annual Transition Probabilities, Average Annual Inflation Rates Across Exchange Rate Regimes, Average Annual Real Per Capita GDP Growth Across Exchange Rate Regimes, Average Annual Growth Volatility Across Exchange Rate Regimes, Real Exchange Rate Volatility Across Exchange Rate Regimes, Probability of Crises During Specific Regimes Using the Natural Exchange Rate Regime Classification.
Job Opportunities after completion of Diploma in International Economy and Finance course:
Graduates of a Diploma in International Economy and Finance program are equipped with specialized knowledge in global financial systems, economic policies, international trade, foreign exchange, and financial markets. They are trained to understand and analyze the global economy’s impact on business and investment decisions, enabling them to navigate the complex world of international finance and economic relations.
With globalization and increasing international trade, there is a growing demand for professionals who can understand the global financial landscape and manage cross-border financial operations effectively. Graduates can work in various sectors, including banking, financial services, consulting, government, and multinational corporations.
Here are the career options for graduates of a Diploma in International Economy and Finance program, along with the salary range in India:
1. International Finance Manager
- Role: International Finance Managers oversee the financial activities of a company with a global presence. They are responsible for managing foreign investments, exchange rates, and ensuring compliance with international financial regulations. They also help optimize the financial performance of a company’s operations in different countries.
- Industries: Multinational corporations, banking, financial institutions, global consulting firms, multinational manufacturing companies.
- Salary Range:
- Entry-Level: ₹6,00,000 – ₹9,00,000 per year
- Mid-Level: ₹9,00,000 – ₹18,00,000 per year
- Senior-Level: ₹18,00,000 – ₹30,00,000+ per year
- Note: Managers working in large multinational companies or financial institutions often command higher salaries, especially those handling complex global financial portfolios.
2. Financial Analyst (International)
- Role: Financial Analysts specializing in international finance analyze the financial performance of global markets, companies, and economic conditions. They provide insights into international investments, currency markets, and economic trends to help organizations make informed decisions on global investments and expansion.
- Industries: Investment banks, financial services, multinational corporations, international trade firms, asset management firms.
- Salary Range:
- Entry-Level: ₹4,50,000 – ₹7,00,000 per year
- Mid-Level: ₹7,00,000 – ₹12,00,000 per year
- Senior-Level: ₹12,00,000 – ₹20,00,000+ per year
- Note: Senior Financial Analysts, especially those with expertise in global markets or foreign exchange, can earn higher salaries.
3. International Trade Specialist
- Role: International Trade Specialists focus on the movement of goods and services across borders. They analyze trade policies, tariffs, and regulations that impact international transactions and help organizations develop strategies to enter new markets and optimize their international supply chains.
- Industries: Export-import companies, multinational corporations, trade associations, government agencies, logistics and supply chain firms.
- Salary Range:
- Entry-Level: ₹4,50,000 – ₹7,00,000 per year
- Mid-Level: ₹7,00,000 – ₹12,00,000 per year
- Senior-Level: ₹12,00,000 – ₹20,00,000+ per year
- Note: Professionals with experience in handling trade agreements and managing international trade relations can earn significantly higher.
4. Foreign Exchange (Forex) Analyst
- Role: Forex Analysts focus on analyzing global currency markets. They track and forecast currency exchange rates, understand the factors that influence currency movements, and provide insights to businesses and financial institutions to manage foreign exchange risks and opportunities.
- Industries: Forex trading firms, banks, investment firms, hedge funds, multinational corporations.
- Salary Range:
- Entry-Level: ₹5,00,000 – ₹7,00,000 per year
- Mid-Level: ₹7,00,000 – ₹12,00,000 per year
- Senior-Level: ₹12,00,000 – ₹20,00,000+ per year
- Note: Forex Analysts working in large investment banks or trading firms can earn higher salaries, especially those with specialized skills in risk management or algorithmic trading.
5. Investment Banker (International)
- Role: Investment Bankers specializing in international finance assist businesses in raising capital, navigating mergers and acquisitions, and providing advisory services on global financial transactions. They play a crucial role in connecting companies with international investors and managing cross-border deals.
- Industries: Investment banks, multinational corporations, financial institutions, private equity firms, hedge funds.
- Salary Range:
- Entry-Level: ₹7,00,000 – ₹12,00,000 per year
- Mid-Level: ₹12,00,000 – ₹25,00,000 per year
- Senior-Level: ₹25,00,000 – ₹50,00,000+ per year
- Note: Investment Bankers in top-tier firms can earn substantial salaries, particularly with experience in large-scale international deals or M&A advisory.
6. Risk Manager (International Finance)
- Role: Risk Managers specializing in international finance focus on identifying, analyzing, and mitigating risks associated with global markets, including currency fluctuations, political instability, and economic shifts. They help organizations safeguard their international investments and ensure financial stability.
- Industries: Banks, insurance companies, multinational corporations, financial advisory firms.
- Salary Range:
- Entry-Level: ₹6,00,000 – ₹9,00,000 per year
- Mid-Level: ₹9,00,000 – ₹18,00,000 per year
- Senior-Level: ₹18,00,000 – ₹35,00,000+ per year
- Note: Risk Managers with expertise in global financial risk, particularly those managing multi-country portfolios, earn higher salaries.
7. Economic Consultant (International)
- Role: Economic Consultants specializing in international finance provide expertise in global economic trends, trade policies, and financial markets. They help businesses and governments analyze the economic environment and formulate strategies that support international expansion and investment decisions.
- Industries: Consulting firms, multinational corporations, government agencies, international organizations, economic research institutions.
- Salary Range:
- Entry-Level: ₹5,00,000 – ₹7,00,000 per year
- Mid-Level: ₹7,00,000 – ₹15,00,000 per year
- Senior-Level: ₹15,00,000 – ₹25,00,000+ per year
- Note: Economic Consultants with experience in advising governments or multinational corporations on cross-border trade policies and economic strategies can earn higher salaries.
8. International Banking Officer
- Role: International Banking Officers manage banking operations that involve international clients, including processing foreign transactions, trade finance, and ensuring compliance with international banking regulations. They may work in areas such as letters of credit, cross-border financing, and foreign exchange management.
- Industries: International banks, financial institutions, trade finance companies, investment firms.
- Salary Range:
- Entry-Level: ₹4,50,000 – ₹7,00,000 per year
- Mid-Level: ₹7,00,000 – ₹12,00,000 per year
- Senior-Level: ₹12,00,000 – ₹18,00,000+ per year
- Note: Officers working in large international banks or managing high-value transactions can earn more.
9. International Business Development Manager
- Role: International Business Development Managers are responsible for identifying and developing business opportunities in global markets. They build relationships with foreign clients, negotiate deals, and explore market expansion strategies for their organizations.
- Industries: Manufacturing, technology, consulting firms, e-commerce, multinational corporations.
- Salary Range:
- Entry-Level: ₹6,00,000 – ₹9,00,000 per year
- Mid-Level: ₹9,00,000 – ₹15,00,000 per year
- Senior-Level: ₹15,00,000 – ₹25,00,000+ per year
- Note: International Business Development Managers who work in high-growth sectors and emerging markets can earn higher salaries, especially with significant achievements in market expansion.
10. Trade Finance Officer
- Role: Trade Finance Officers manage the financial instruments used to facilitate international trade, including letters of credit, trade finance loans, and payment guarantees. They ensure the smooth execution of cross-border transactions and mitigate payment risks in international trade.
- Industries: Banks, export-import companies, financial institutions, multinational corporations.
- Salary Range:
- Entry-Level: ₹4,50,000 – ₹6,00,000 per year
- Mid-Level: ₹6,00,000 – ₹10,00,000 per year
- Senior-Level: ₹10,00,000 – ₹15,00,000+ per year
- Note: Professionals working in international trade hubs or large financial institutions may command higher salaries.
Geographic Variability:
- Metro Cities: Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, and Pune offer higher salary ranges due to the concentration of multinational corporations, global financial institutions, and international consulting firms.
- Tier-2 Cities: Cities like Chandigarh, Ahmedabad, and Kolkata may offer slightly lower salaries but still present opportunities in global trade and finance.
Conclusion:
A Diploma in International Economy and Finance opens the door to a variety of lucrative career paths in the fields of international trade, banking, finance, and economic consulting. As businesses and governments continue to expand their operations globally, skilled professionals in this field are in high demand. With a strong foundation in international financial systems, trade policies, and economic analysis, graduates can expect a rewarding career with competitive salaries and strong growth prospects.