Diploma

Applicants should be aware that each institute may have different requirements for eligibility. People who want to apply to colleges or universities must visit their official website. Colleges that accept CAT, GMAT, MAT, or XAT scores for admission include IMI, ISB, and IIMP. On the other hand, some institutions offer direct admission based on merit.Eligibility Criteria10th DiplomaCandidates who passed the 10th class/equivalent from any recognised institute/board are eligible to apply. UG DiplomaCandidates can obtain admission to UG Diploma on a merit basis. For instance, Colleges of Delhi University grants admission to candidates based on cutoff.The cutoff list is prepared based on the candidate’s score on the 12th boards.PG Diploma/MBACandidates must have completed BCom/BBA/BBS/BA in Economics in any one of the subjects with a minimum of 60% in aggregate to qualify for the admission process.  Candidate must have completed Bachelor’s degree or equivalent with a minimum of 50% marks in aggregate in any discipline.Candidate must have obtained valid score in national/state level entrance exams- CAT/ GMAT/ CMAT/ ATMA/ MAT/ XAT/ IMI test score. 

Actuarial Science is a specialised field that employs mathematical and statistical techniques to evaluate and control financial risks across various industries, with a focus on insurance and finance. Actuaries apply their expertise to assist companies in making well-informed choices related to investments, pricing strategies, and risk mitigation. Fresh graduates and experienced professionals are presented with a range of job opportunities in this field, encompassing diverse profiles.Job Roles Average Salary Specialist Officers INR 7 LPA Investment BankerINR 17 LPAFinancial Analyst INR 5.7 LPAInsurance Claim Adjuster INR 3.2 LPA Financial Consultant INR 5.9 LPAInsurance Claims Specialist INR 3.9 LPA Insurance Agent INR 2.5 LPA Disclaimer: The above mentioned salaries has been taken from Ambitionbox; therefore it may vary in future.

There are 400+ Diploma in Banking and Insurance colleges in India. Among these, 205 colleges are privately owned, 53 are owned by public/government organizations, and public-private entities own 10 colleges. Students can secure admission after qualifying their Class 12 exams, and also some colleges may admit students based on entrance exams such as CAT, XAT, MAT, CMAT, etc. Some popular Diploma in Banking and Insurance colleges in India include SPJIMR Mumbai, FORE School of Management, Welingkar Mumbai, BIMTECH, National Institute of Bank Management, ISBR Business School, Great Lakes Institute of Management in Gurgaon, Amity University Online, Jagdish Sheth School of Management, and many others.