Introduction
What is PGDBF Course?
Post Graduate Diploma in Banking and Finance (PGDBF) course is a 1-year diploma course which helps the candidates to build up the managerial and technical skills by providing the knowledge of banking and finance. The PGDBF course is designed as a practical, innovative, rigorous and contemporary course which aims to introduce the candidates with the relevant banking & finance knowledge and skills to facilitate them to become Day Zero Ready Professional in the organization.
PGDBF course is known as the future of the banking recruitment. The candidate must first appear in an online test for selection in the course. If they qualify the test then they will have to face the Group Discussion round. After clearing the Group Discussion round, the candidates will be called for a Personal Interview. If the candidate clears all the round of the selection process, an admission letter is offered.
Eligibility
Eligibility to get admission to PGDBF
Before applying for PGDBF course, candidates must check whether candidates are eligible to pursue this program or not. As PGDBF course is for the recruitment of Bank officers, so its eligibility criteria are almost similar to that of a Bank PO.
The candidates need to satisfy the three aspects that are age limit, educational qualification and nationality to pursue the course.
The minimum age limit is 20 years and the maximum age limit is 28 years to pursue the course which means the candidate must have been born not earlier than 2nd April 1989 and not after than 1st April 1997 (both dates are inclusive).
Relaxation of upper age limit:
- a) Scheduled Caste/Scheduled Tribe candidates have an age relaxation of 5 years.
b) Other Backward Classes (Non-Creamy Layer) candidates have an age relaxation of 3 years.
c) All persons who have ordinarily been domiciled in Jammu & Kashmir state during 1st January 1980 and 31st December 1989 have an age relaxation of 5 years.
d) Persons affected by 1984 riots have an age relaxation of 5 years.
e) Persons with Disabilities (SC-ST) have an age relaxation of 15 years, Person with disabilities (OBC) have an age relaxation of 13 years and Persons with Disabilities (General) have an age relaxation of 10 years.
f) Commissioned Officers and Ex-Servicemen including SSCOs/ECOs who have rendered military service of at least 5 years and have been released on completion of assignment have an age relaxation of 5 years for selection through written test and interview, subject to a ceiling, as per Government Guidelines.
- a) Candidates who want to pursue PGDBF course must have completed Graduation with a minimum 60% marks for OBC and general categories and 55% marks for SC/ST/PWD categories in any equivalent qualification as such recognized by the Central Government or any discipline from a recognized University.
b) In the online application, the candidate should indicate the % calculated to the nearest two decimals obtained in Graduation. For example, 54.99% will be treated as less than 55% and 59.99% will be treated as less than 60% that means the fraction of percentage will be ignored.
c) The candidates who are in their final semester or year of their Graduation can also apply for the course. If the selected candidates are called for an interview, they need to produce the proof of having passed the graduation examination.
d) The candidates must have proficiency in computers.
The candidate must be either
- a) A citizen of India, or
b) A subject to Bhutan, or
c) A subject of Nepal, or
d) A person of Indian origin who has migrated from Sri Lanka, Burma, Pakistan, East African Countries of Vietnam, Ethiopia, Zaire, Malawi, Zambia, the United Republic of Tanzania, Uganda and Kenya with an intention of permanently settling in India, or
e) A Tibetan refugee who can to India with an intention of permanently setting in India before 1st January 1962.
Duration
Duration of PGDBF Course
PGDBF is a 1-year course in which 9 months are considered for classroom programme and 3 months of internship or job training. The 9 months classroom programme includes 3 semesters each of 3 months and the 3 months internship is held at the branch of the respective bank.
The candidates are provided with PGDBF Degree along with PO job in the specific location on successful completion of 1-year PGDBF course.
Different Subjects in the PGDBF course
A complete list of subjects for each semester of PGDBF course are:
- Principles of Management
- Banking Operations
- Macro-Economic Principles in Banking & Finance
- Retail Banking
- Marketing Management in Banks
- Banking Regulations & Legal aspects
- Capital Markets & Financial services
- Wealth Management
- Insurance products: Marketing /Operations
- Service products, Cash Management & Cross-selling
- Organizational behavior & people management
- Mutual Funds
- Security analysis & portfolio management
- Corporate credit including Project finance
- SME & Agricultural financing/Macro credit
- Strategic management
- Valuation techniques
- Technology application in banking
- International Banking & Forex management
- Derivatives & Risk management (including commodity derivatives)
- Treasury management
- NPA management
Institutes
Banks/Institutes/Colleges offering this course
Fee
Course Fee
The course fee varies widely. The candidates need to pay around Rs 3.45 Lacs – Rs. 3.99 Lacs along with service taxes, in fixed installments during the 1-year PGDBF programme. Apart from this, the candidates need to pay Rs 2500/- for additional examination fees.
The candidates can also avail for an educational loan guaranteed by various banks at a concessional rate of interest.