Description
Course Name: Diploma in Basic Financial Services
Course Id: DBFS/Q1001.
Eligibility: Candidates need to have completed a Bachelor’s degree or equivalent.
Objective: A Diploma in Basic Financial Services provides a comprehensive foundation in financial products, services, markets, and customer handling. It is an ideal program for individuals looking to start or advance their careers in the financial services industry. By focusing on key areas like banking, insurance, financial planning, and customer service, this diploma equips graduates with the essential skills to excel in various roles within financial institutions, insurance companies, and investment firms.
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.
Syllabus
Introduction to Financial Services: Overview of Financial Services, Role of Financial Institutions, Importance of Financial Services in the Economy, Types of Financial Services, Regulatory Bodies in Financial Services, Evolution of Financial Services, Digital Transformation in Financial Services, Financial Literacy and Consumer Awareness, Ethical Practices in Financial Services, Career Opportunities in Financial Services.
Banking and Financial Institutions: Types of Banks and Their Functions, Central Banking and Monetary Policy, Retail and Corporate Banking, Digital and Mobile Banking, Loan and Credit Facilities, Non-Banking Financial Companies (NBFCs), Microfinance Institutions, Banking Regulations and Compliance, Role of Banks in Economic Development, Emerging Trends in Banking Sector.
Investment and Capital Markets: Introduction to Investment, Types of Investment Avenues, Stock Markets and Securities, Mutual Funds and ETFs, Risk and Return in Investments, Role of SEBI and Other Regulators, Investment Strategies for Beginners, Primary and Secondary Market Operations, Role of Brokers and Investment Advisors, Recent Trends in Capital Markets.
Insurance Services: Fundamentals of Insurance, Types of Insurance (Life, Health, General), Role of IRDAI and Insurance Regulations, Insurance Policies and Their Features, Claims and Settlement Process, Risk Assessment in Insurance, Bancassurance and Insurance Marketing, Role of Actuaries in Insurance, Fraud Detection and Prevention in Insurance, Growth and Trends in the Insurance Sector.
Financial Planning and Wealth Management: Introduction to Financial Planning, Budgeting and Expense Management, Retirement Planning Strategies, Tax Planning and Tax-Saving Instruments, Debt Management and Credit Score, Importance of Emergency Funds, Asset Allocation Strategies, Estate Planning and Wealth Transfer, Role of Financial Advisors, Common Mistakes in Financial Planning.
Digital Financial Services and Fintech: Introduction to Fintech, Role of Digital Payment Systems, Mobile Wallets and UPI, Online Trading Platforms, Blockchain and Cryptocurrency, Artificial Intelligence in Financial Services, Cybersecurity in Digital Finance, Challenges in Fintech Adoption, Government Initiatives in Digital Finance, Future Trends in Fintech Industry.
Job Opportunities after completion of Diploma in Basic Financial Services course:
After successful completion of the Diploma in Basic Financial Services program, graduates are well-prepared to pursue a variety of career opportunities within the financial sector. This diploma focuses on the fundamentals of financial services, including knowledge of banking, insurance, mutual funds, taxation, and investment planning. Graduates will have the skills to understand financial products and services, assist clients in managing their finances, and work with financial institutions to provide tailored solutions.
Career Options for Graduates of the Diploma in Basic Financial Services Program:
1. Financial Services Consultant
- Role: A financial services consultant helps individuals and businesses understand and manage their finances, advising them on investment strategies, insurance policies, and retirement planning. They provide guidance on budgeting, risk management, and financial goals.
- Skills Needed: Knowledge of financial products, communication, analytical skills, client relationship management.
- Industries: Banks, investment firms, financial advisory services, insurance companies.
2. Personal Financial Advisor
- Role: Personal financial advisors provide guidance to clients on how to manage their personal finances. This includes budgeting, saving, investing, tax planning, and retirement planning. They analyze the client’s financial status and create a plan to help them meet their financial goals.
- Skills Needed: Financial planning, customer service, investment knowledge, problem-solving.
- Industries: Banks, financial consulting firms, wealth management companies.
3. Insurance Agent/Advisor
- Role: Insurance agents sell various types of insurance, such as life, health, property, and auto insurance. They assess clients’ needs, offer suitable policies, and help manage claims. Some agents also offer financial planning services alongside insurance products.
- Skills Needed: Strong sales skills, knowledge of insurance products, communication, customer service.
- Industries: Insurance companies, financial planning firms, independent agencies.
4. Banking Associate
- Role: A banking associate handles customer inquiries and provides support for day-to-day banking activities, such as account opening, loan processing, and transaction management. They also assist with cross-selling banking products such as loans, credit cards, and investment products.
- Skills Needed: Customer service, banking products knowledge, communication, problem-solving.
- Industries: Banks, financial institutions, credit unions.
5. Mutual Fund Distributor
- Role: Mutual fund distributors sell and manage mutual fund products on behalf of investment firms. They help clients choose the best funds based on their financial goals and risk tolerance, assist with transactions, and track the performance of investments.
- Skills Needed: Knowledge of mutual funds and financial markets, sales skills, customer service.
- Industries: Mutual fund companies, financial advisory firms, wealth management.
6. Investment Advisor
- Role: Investment advisors guide clients on making investment decisions, recommending stocks, bonds, and other financial instruments. They help clients understand market trends, asset allocation, and diversification to build portfolios that meet their financial objectives.
- Skills Needed: In-depth understanding of the financial markets, analytical thinking, investment strategies, communication.
- Industries: Investment firms, banks, wealth management companies.
7. Tax Consultant
- Role: A tax consultant assists individuals and businesses with tax planning, preparation, and compliance. They help clients minimize their tax liabilities through tax-efficient strategies, prepare tax returns, and provide advice on tax regulations and laws.
- Skills Needed: Knowledge of tax laws, analytical skills, attention to detail, communication.
- Industries: Accounting firms, tax consultancy firms, corporate finance departments.
8. Loan Officer
- Role: Loan officers evaluate, authorize, and recommend approval for loans. They work with individuals, businesses, or real estate buyers to assess their creditworthiness and assist in securing loans for purchasing homes, cars, or other large investments.
- Skills Needed: Credit analysis, customer service, knowledge of loan products, attention to detail.
- Industries: Banks, mortgage companies, credit unions, financial institutions.
9. Credit Analyst
- Role: Credit analysts assess the creditworthiness of individuals or companies applying for loans or credit. They review financial statements, credit reports, and other relevant information to determine risk levels and make recommendations regarding loan approval.
- Skills Needed: Analytical thinking, financial analysis, understanding of credit risk, attention to detail.
- Industries: Banks, credit rating agencies, financial institutions, investment firms.
10. Financial Clerk
- Role: Financial clerks assist with financial transactions, maintain records, prepare reports, and help with billing and invoicing. They work under the supervision of accountants or financial managers and handle day-to-day financial operations.
- Skills Needed: Basic accounting knowledge, organizational skills, data entry, attention to detail.
- Industries: Corporate finance departments, accounting firms, financial service providers.
11. Retail Banking Executive
- Role: Retail banking executives manage day-to-day operations in the retail banking division of banks, providing services like managing accounts, selling financial products, assisting with loans, and handling customer inquiries.
- Skills Needed: Sales, communication, banking knowledge, customer service.
- Industries: Banks, credit unions, retail financial institutions.
12. Treasury Management Officer
- Role: Treasury management officers manage a company’s financial operations, including cash flow, investments, and risk management. They ensure the organization has the liquidity to meet its financial obligations while minimizing financial risks.
- Skills Needed: Financial management, risk assessment, cash flow analysis, strategic thinking.
- Industries: Large corporations, banks, investment firms.
Industries Employing Graduates:
Graduates of the Diploma in Basic Financial Services program can work across various industries such as:
- Banks and Financial Institutions: Commercial banks, investment banks, insurance companies, mutual funds.
- Wealth Management Firms: Financial advisory and investment management companies.
- Insurance: Life insurance, health insurance, property insurance, and insurance brokers.
- Corporate Finance Departments: Large corporations, accounting firms, and audit firms.
- Government and Public Sector: Regulatory bodies, tax authorities, and financial ministries.
Salary Range:
The salary for graduates with a Diploma in Basic Financial Services in India can vary depending on the role, location, experience, and the employer. The following is an approximate salary range:
- Entry-Level (0-2 years): ₹2 LPA – ₹4 LPA (for positions such as banking associate, insurance agent, or personal financial advisor).
- Mid-Level (2-5 years): ₹4 LPA – ₹7 LPA (for roles like financial consultant, investment advisor, or loan officer).
- Senior-Level (5+ years): ₹7 LPA – ₹12 LPA or more (for positions such as financial analyst, credit analyst, or tax consultant).
Conclusion:
Graduates of the Diploma in Basic Financial Services program are well-positioned to pursue a variety of career paths within the financial services industry. The program provides fundamental knowledge of banking, financial planning, insurance, and investment strategies, making graduates highly attractive to employers in the financial sector. Whether working in retail banking, financial advisory, insurance, or investment management, graduates have the opportunity to make significant contributions to organizations while advancing their careers in the ever-growing financial services industry.