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Banking and financial services: topline courses

Classical courses in company law procedures and accounting, which form key aspects of the BFSI sector, are offered by three statutory bodies.
None | By HT Correspondent
UPDATED ON JUL 23, 2007 03:42 AM IST

Classical courses in company law procedures and accounting, which form key aspects of the BFSI sector, are offered by the three statutory bodies:

Institute of Chartered Accountants of India (ICAI)
Institute of Cost and Works Accountants of India (ICWAI)
Institute of Company Secretaries of India (ICSI).

Top professionals often have more than one or even all of the statutory qualifications. The Institute of Chartered Financial Analysts of India (ICFAI) also offers courses that are taken up as additional qualification by finance professionals.

Finance specialisations offered by the top management schools of India are often ranked equal to or even higher than the statutory qualifications.

A host of colleges today offer specialised courses in financial services. Some of these colleges are Birla Institute of Technology and Sciences and College of Business Studies (Delhi).

The following universities offer a two-year master's degree in finance:

Utkal University
Madurai Kamaraj University (Faculty of Commerce)
Aligarh Muslim University
University of Delhi
Himachal Pradesh University
Kurukshetra University (Faculty of Commerce & Business Studies)
University of Lucknow
Maharishi Dayanand University
Panjab University

The Association of Mutual Funds of India and the Insurance Regulatory and Development Authority also have their certifications, which are helpful.


Indira Gandhi National Open University MBA (Banking & Finance)
Aligarh Muslim University, Aligarh, Uttar Pradesh
Centre for Advanced Financial Studies, Institute for Financial Management & Research (IFMR), 24 Kothari Road, Nungambakam, Chennai
University of Madras, Centenary Buildings, Chepauk, Chennai
NIBM (National Institute Of Bank Management), NIBM Post Office, Kondhwe Khurd, Pune
The Indian Institute of Banking & Finance, The Arcade, World Trade Center, 2nd Floor, Tower 4, Cuffe Oarade, Mumbai
Institute for Development and Research in Banking Technology, IDRBT, Castle Hills, Road 1, Masab Tank, Hyderabad


Post-graduate membership course in capital market and financial services. Institute of Company Secretaries of India, New Delhi
Post-graduate programme in fundamentals of capital market development. Institute of Capital Market Development, 1965, Arya Samaj Road, Karol Bagh, New Delhi.
Post graduate programme in capital market studies, in collaboration with the Mumbai Stock Exchange Training Institute, leading to a diploma from the University of Pune. All India Centre for Capital Market Studies, J. D. C. Byte Institute of Management Studies and Research, Nashik.
Course for Stock market study Mumbai Stock Exchange Training Institute, Stock Exchange Building, Fort, Mumbai
Certificate courses are run periodically throughout the year, leading to a diploma in financial and investment planning. Institute of Financial and Investment Planning, B/303, Ventex Vikas, MV Road, Andheri East, Mumbai. This is a one-year correspondence-cum-lecture based course.
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