Course Overview:
The Diploma in Microfinance is designed to provide students with a comprehensive understanding of the microfinance sector, focusing on financial services for low-income individuals and communities. This course covers key areas such as financial inclusion, microcredit, rural banking, savings and credit cooperatives, and the role of microfinance in poverty alleviation. It is ideal for individuals looking to work in microfinance institutions, NGOs, or rural banking sectors.
Duration:
The duration of the Diploma in Microfinance typically ranges from 1 to 2 years, depending on the institution and the mode of study (full-time or part-time).
Syllabus: Semester-Wise Breakdown
Semester 1:
Introduction to Microfinance and Financial Inclusion
Principles of Microeconomics
Microcredit and Microfinance Models
Financial Accounting and Reporting in Microfinance
Rural Banking and Cooperative Finance
Business Communication and Professional Skills in Microfinance
Semester 2:
Risk Management in Microfinance
Microinsurance and Financial Products for Low-Income Groups
Microfinance Operations and Loan Portfolio Management
Social Impact and Sustainable Development through Microfinance
Regulatory Framework and Compliance in Microfinance
Project Work/Internship (Mandatory)
Semester 3:
Microfinance and Digital Financial Services
Financial Literacy and Client Education
Gender and Microfinance: Empowering Women through Microfinance
Rural Livelihoods and Microenterprise Development
Leadership and Team Management in Microfinance
Research Methodology in Microfinance Studies
Semester 4:
Advanced Microfinance Strategies and Innovations
Social Entrepreneurship and Impact Investment
Microfinance Institutions (MFIs) and Global Best Practices
Strategic Management in Microfinance Organizations
Final Dissertation/Project Presentation
Average Fees:
The average fees for the Diploma in Microfinance course range between ₹25,000 to ₹1,00,000 depending on the institution and location.
Exams to Attend:
Students are required to complete semester-wise exams, practical assessments, and project work related to microfinance. Institutions may also encourage internships and fieldwork in microfinance institutions or rural communities to gain hands-on experience.
Top 10 Ranking Institutions Combined in India:
Tata Institute of Social Sciences (TISS), Mumbai
Indian Institute of Management (IIM), Ahmedabad
National Institute of Rural Development and Panchayati Raj (NIRDPR), Hyderabad
Institute of Rural Management Anand (IRMA), Gujarat
Xavier School of Rural Management (XSRM), Bhubaneswar
Amity University, Noida
Christ University, Bangalore
Indian Institute of Banking and Finance (IIBF), Mumbai
Symbiosis Institute of Management Studies (SIMS), Pune
Loyola Institute of Business Administration (LIBA), Chennai
Top 10 Institutions in Kerala:
Rajagiri College of Social Sciences, Kochi
SCMS School of Business, Kochi
St. Teresa’s College, Ernakulam
Sacred Heart College, Kochi
Farook College, Kozhikode
Marian College, Kuttikkanam, Idukki
MES College, Marampally
St. Albert’s College, Kochi
MACFAST (Mar Athanasios College for Advanced Studies), Thiruvalla
Kristu Jyoti College of Management and Technology, Changanassery