Postgraduate Diploma in Management (Finance) - Online

About Program/Admissions/Tests/Eligibility

• Is it a Master Degree Programme? Will it be accepted for further studies as a Master degree programme?

  Yes, it is a post graduate diploma in finance which is equivalent to the two year post graduate diploma offered by the institute. Since, the program is offered for 1220 hours (840 hours of coursework, 60 hours of summer internship and 320 hours of tutorial on demand), it could be accepted as a master’s degree equivalent program.

• Can you explain the eligibility for the program?

  • The applicant must have a bachelor’s degree with a minimum aggregate mark of 50% from a recognized University/Institution recognized by the Ministry of Education, Government of India.
  • Candidates with relevant work experience shall be given preference.

• Can those with a CA or an ICWAI and an ACS apply for this program?

  Yes. Candidates with professional qualifications such as CA/ICWAI/CS are encouraged to apply.

• Can a person with non- finance experience apply?

  Yes, provided the applicant has an aspiration to have a career in finance.

• Can diploma graduates apply for this program?

  Graduates with 3-year diplomas are not eligible to apply. However, if a candidate has a four-year diploma in engineering that is recognized by a university or a Deemed-to-be University, then he/she is eligible to apply.

• Who should Apply?

  • Candidates with professional qualifications such as CA/ICWAI/CS are encouraged to apply.
  • Professionals currently working in the finance domain of the corporate sector.
  • Executives in banks and financial institutions who wish to fast advance their career.
  • Entrepreneurs who desire to hone their finance skills are specifically encouraged.
  • Candidates aspiring to have their career in investment and wealth management.

• Is work experience a must?

  Yes, the ideal candidate is expected to have two years of work experience on June 29, 2024.

• Is there any Admissions Test for this program? What is the Selection Process?

  Candidates shall be admitted through a two-step process, with the following scoring:

  Step 1 (Shortlisting):

  Profile scoring	Weightage
  Academic performance	25%
  Candidate’s suitability for the Program	10%
  Relevant work experience	10%
  Gender /Academic/Geographic diversity	5% Each

  Step 2(Online Interview):

  (Personal interviews will be conducted online)

  40%

• What is the batch size?

  The maximum batch size is 120. The institute may decide to have a batch size of less than 120 at its discretion to maintain the quality of the program.

• Can the student defer their admission?

  No. Admission is offered only for this academic year. However, if the candidate wants to apply for the program in the next offering, she/he is most welcome to apply, but the selection shall depend upon the candidate’s performance in the selection process of the next period.

• What will be the class timings?

  Classes are held online during the weekends (Saturdays from 6.30 PM - 9.45 PM and Sundays from 3 .00PM- 8.00 PM) and one working day (Wednesdays from 6.30 PM - 9.45 PM), with session recordings available for viewing during the term.

• Does the course provide campus visit?

  The PGDM (Finance) program is delivered online with three one-week in-campus modules at XLRI Jamshedpur Campus.

• What is the PGDM (Finance) course plan?

  The program involves foundation as well as advanced level courses in finance as well as some allied courses, including a capstone project. For details of the courses, please visit here xol.xlri.edu/pgdf.

• Who will be the faculty of the PGDM (Finance) course?

  The program is taught by experienced full-time faculty of XLRI-Xavier School of Management, select faculty from overseas as well as experienced industry professionals

About advantages from the program

• What is unique about this Postgraduate Diploma in Management (Finance) - Online why should anyone enrol in this program?

  The Postgraduate Diploma in Management (Finance) - Online is a master level program which aims at providing a holistic understanding of the essential concepts, tools, techniques, and practice of finance. The PGDM (Finance) curriculum is aptly designed after extensive industry consultations covering the broader finance themes in accounting and corporate finance, asset markets and banking, investment techniques and wealth management. Students gain deeper insights into the emerging developments such as fintech and digital finance, data science and machine learning tools as applicable to finance.
  Moreover, the Postgraduate Diploma in Management (Finance) - Online is recognized as a PGDM by the AICTE in India.

• What are the advantages of this Postgraduate Diploma in Management (Finance) - Online?

  • Designed exclusively in finance domain after extensive industry consultations
  • Uniquely designed curriculum with conceptual rigour and practical relevance
  • Blending synchronous and asynchronous online learning and encouraging peer learning
  • Learn while earning as participants continue to remain in their present employment
  • Classes with three one-week residency at XLRI Campuses
  • Courses delivered by XLRI fulltime faculty and experienced industry experts
  • Special workshops sessions from CFOs and thought leaders
  • Courses mapped to Chartered Financial Analyst (CFA) and other certifications
  • Capstone Project and Simulation involving Trading Strategies
  • Remote access to XLRI library resources and data sources
  • Being part of the XLRI’s wider Alumni networks

• In what kind of companies and industries will the student be able to apply his/her learning?

  The PGDM (Finance) program has a comprehensive curriculum that prepares the students to advance their career in a rapidly changing world of finance.

  • Courses that focus on financial decisions such as corporate finance, project finance, mergers and acquisitions, and corporate restructuring, investment banking, etc provide the required expertise for the finance functions of an organization.
  • From an investment management perspective, the program covers courses such as fixed-income, equity valuation, fundamental analysis, portfolio management, financial derivatives, market microstructure and trading, alternative investments, etc.
  • Courses such as mutual fund analysis and wealth management, behavioral finance, and financial services marketing is expected to provide enough scope for a career in investment advisory.
  • Essentials of commercial banking and risk management, financial technology and digital finance and entrepreneurial finance are included to assist the participants in choosing careers in banks and fintech sectors.

• Can participants of the PGDM (Finance) program pursue additional qualifications such as CFA, FRM and CFP?

  XLRI PGDM (Finance) Program is mapped to the CFA Curriculum, thereby helps participants in advancing their career options as a finance professional. The PGDM (Finance) program covers at least 70% of the CFA syllabus.

  Given the comprehensive curriculum and focus on quantitative techniques, PGDM (Finance) program also provides opportunities to pursue other certifications such as Certified Financial Planner (CFP) and Financial Risk Manager (FRM).

• What is the perception of this course in the industry?

  The PGDM (Finance) curriculum is aptly designed after extensive industry consultations covering the broader finance themes in accounting and corporate finance, asset markets and banking, investment techniques and wealth management. Students gain deeper insights into the emerging developments such as fintech and digital finance, data science and machine learning tools as applicable to finance.

About Internships/Placements/Projects

• Is there any Summer Internship Program to do a summer project in India?

  Virtual Summer Internship for a duration of 60 hours (equivalent to 6 credits) undertaken along with the courses in Term 3 and during the summer break in the month of June 2025.

• Is Internship Compulsory?

  Yes, summer internship is compulsory which is assigned 6 credit weight in the program structure. Participants need to do a virtual internship in finance role in a different organization (not in her/his present employment entity).

• Does XLRI provide placement opportunities to the student?

  The PGDM (Finance) is a specialised program that prepares students in a wide range of finance courses with industry focus. Enrolled students will have opportunities of availing career guidance from faculty and Placement Office, including connecting with XLRI's global alumni network. Besides, the regular speaker sessions involving senior corporate executives will give students opportunities for interactions. Ultimately of course your job prospect would depend on the skills and expertise you gain in the specialised courses and the engaging relationships you develop during the program.

About Fee Structure, Scholarships & Bank Loan Assistance:

• What is the Fee Structure of the Program?

  The fee for the Program is Rs. 14 lakhs, paid over 6 installments as follows

  Installments	I	II	III	IV	V	VI	Total
  Rs. (in Lakhs)	3	3	2	2	2	2	14

  The fees include the cost of textbooks, reading materials, library resources, accommodation and boarding during the three mandatory campus immersion programs at Jamshedpur but exclude the travel and related costs.

• Will students get any scholarship for the program?

  To ensure diversity of the batch, the following scholarships amount shall be adjusted from the total fees.

  Category	Amount
  Woman student	Rs 1,00,000/-
  ST/SC student	Rs 1,00,000/-
  PwD student *	Rs 1,00,000/-

  * Any eligible student belonging to the PwD category, possessing a certificate from a certifying authority under The Rights of Persons with Disabilities Act, 2016, and who furthermore satisfies the Institute admission/learning outcome criteria for Online Programs shall be entitled to a fee waiver as per rules norms and policies made from time to time.

  Any student can get fee waiver in maximum two of the above mentioned categories. For eligible students, fee waived will be adjusted against 2nd installment fee. The fee for such student will be Rs. 12 lakhs, to be paid over 6 installments as follows

  Installments	I	II	III	IV	V	VI	Total
  Rs. (in Lakhs)	3	1	2	2	2	2	12

  The top performers of the batch are also eligible for academic scholarship of Rs. 50,000/- at the end of first year.

  
  

  Corporate sponsored students

  As per the institute policy, company-sponsored students are eligible for a partial fee waiver. Please find the details below:

  • 1-4 selected students - Fee waiver of Rs. 1 lakh per student
  • 5-9 selected students - Fee waiver of Rs. 1.5 lakhs per student
  • 10 and above - Fee waiver of Rs. 2 lakhs per student

  The count of selected students will be the total selected students in a batch (e.g., Batch 24-26) across all the programs offered under "XLRI Online Learning" and sponsored by the organization only. Fee adjustments will be made during the 2nd and 4th installments.

  The above fee waiver scheme is applicable only if there is a signed agreement between XLRI Online Learning (on behalf of XLRI - Xavier School of Management) and the organization.

  In addition, there is a fee waiver for women/ SC/ ST/ PwD (Rs. 1 lakh in each category, maximum two categories).

  The candidate must fill out the application form and appear for an interview (subject to eligibility). If the candidate is selected, they will get an offer. For corporate-sponsored candidates, the admission process can be started immediately after the MOU is signed.

• Is there any Bank Financing facility available?

  SBI XLRI Branch Jamshedpur and ICICI Bank Bistupur Jamshedpur offer bank loan assistance to the eligible candidates i.e candidate who meet their eligibility criteria such as work experience, take home salary and cibil score could avail the bank loan facility.

Award of Diploma

• What will be the Award of Diploma for the PGDM (Finance) course?

  Participants shall be awarded the “Postgraduate Diploma in Management (Finance)” upon successfully meeting the academic requirements of the program as set by the Academic Council of XLRI Jamshedpur.

How to Apply

Candidates can apply online by visiting XLRI XOL website xol.xlri.edu/pgdf.

For Further Queries

Phone +91-657-6653241 /3239

Email pgdf.xol@xlri.ac.in