ONE-YEAR POST GRADUATE DIPLOMA IN FINANCIAL SERVICES AND LEGISLATIONS

About the Course Programme

The Financial Services Sector is a core Sector and is the largest in the world in terms of earnings comprised of wide range of businesses including merchant banks, Investment Banks, Insurance Companies, Stock Brokerages, affiliated services etc. It is fundamental to the economic growth and development of any nation. However, Modern economies need effective regulations to support growth, investment, innovation, market openness and uphold the rule of law. A poor regulatory environment undermines business competitiveness and citizens' trust in government, and it encourages corruption in public governance.

Legislative & Regulatory Framework is one of the three key levers of power available with government (together with fiscal and monetary policy) and is of critical importance in developing and shaping of the financial services sector. The government, with a view to protect investor and public interest, has introduced various legislations to moderate and control the Financial Markets and systems to provide a stable, favorable, reliable and conducive economic climate.

Professionals and Personnel in the Financial Services sector play an instrumental role in bridging this gap and contributing to macro-economic development of the country. Hence, there is a significant need for service personnel to obtain a comprehensive understanding of the myriad systems, products, access channels, legislative frameworks in the Financial Services Sector in order to provide customized and value accretive solutions to the entrepreneurs/general public. The course is designed to provide insight to personnel engaged in financial services sector into the scope of financial services and also legislation governing them.

This course will be useful for all seeking career opportunities or growth prospects in Financial Institutions & Services in India. This is a unique opportunity for current as well as prospective financial services employees in all divisions, such as, Legal, Accounting, Management, Finance, Economics, Lending & Borrowing, Sales & Marketing, Banking-Products etc.,. Therefore the target groups of learners include students of law, chartered accountants, cost accountants, company secretaries, policy makers, researchers, technical and legal professionals.

Elegibility :

a. Bachelor’s Degree or an equivalent Degree in any discipline from any recognized University; or

b. Students appearing for the final year examination of Graduation are also eligible to apply; or

c. Students who complete three years of their 5-year integrated LLB Degree programme in Law are also eligible to apply; or

d. Full Members of ICSI/ICAI/ICMAI (Or) those who complete IPCC of ICAI, Executive Level of ICSI and Intermediate of ICMAI; or

e. Full members of Institute of Actuaries of India (IAI) or who complete stage 2 of IAI.

Admission Procedure

Direct Admission subject to fulfilment of the eligibility criteria for the said course.

Course Duration

The duration of the programme is one year and the maximum period for completion of the programme is three years including the year of admission subject to payment of Continuation Fee as per the University Rules.

Fee Structure :

Total Course fee                  :   Rs. 30,000/-

• Convocation fee will be charged separately as per University Rules.
• Re-peat exam fee / Supplementary Exam fee : Rs.500/- per paper
• Continuation fee beyond the minimum period of the course till the maximum period is Rs.3000/- per year for Post-Graduate Diploma Programmes.
• Boarding & Lodging charges at campus (subject to availability) during classes / exam will be extra as per University Rules.

Note: The University reserves the right to revise the Fee structure from time to time.

Course Structure

Conduct of the programme

The Post Graduate Diploma programme will have two semesters. Each Semester will have one round of Contact Seminar Classes. The students can contact / communicate by email with the subject experts pertaining to various queries on the concerned subject. Relevant course material will be uploaded on the website and can be accessed through their login id.

Face to Face contact sessions will be conducted for five days in a semester at Hyderabad by the subject experts. Suggested reference guidance would be provided at the contact sessions. Each subject shall consist of 15 teaching hours which will come to 45 teaching hours per semester and 90 teaching hours for two semesters. Attendance to the contact seminar classes is not compulsory.

Evaluation Scheme

Each paper shall carry 100 marks. The distribution of marks shall be as follows:

Awards of Grades

The performance of the students would be evaluated on a eight point scale with corresponding grade values as mentioned below:

Calculation of CGPA

Cumulative Grade Point Average (CGPA) is arrived at by dividing the sum of the products of Grade Values and the Course Credits in each course by the total number of credits in all the subjects.

A student to be successful should obtain a minimum of 50% marks or the equivalent grade, i.e., B in every subject. A student who secures the minimum required 50% marks will not be declared pass until he/she submits the assignments as prescribed.  However, the candidate who fails to obtain the minimum grade (i.e., B) shall be given chance(s) to re-appear for the examination whenever the same is conducted till the completion of the maximum period, i.e., three years from the date of admission on payment of repeat examination fee as prescribed.

Award of the PG Diplopma 

A student to be eligible for the award of the PG Diploma should complete all courses  obtaining atleast CGPA 3.00 out of 8.00.

A student admitted to the program has to complete all the prescribed requirements within a maximum period of three years from and including the year of admission in order to be eligible for the award of the PG Diploma.

Procedure for Re-counting / Re-evaluation

The candidates desiring of revaluation have to apply along with re-evaluation fee within 15 days from the date of declaration of results by written submission to the Director. On receipt of request for revaluation, the paper would be sent to subject expert other than the evaluator and the results of the same will be communicated within 45 days. The Re-evaluation result is final and there will be no further appeal to the same.

No candidate who has secured 50 marks or above in the examination is allowed to re-appear in the examination or apply for re-evaluation for improving marks / grade.

The recounting of the paper would be done without collecting any fee but on the written request to the Director by the candidate.

Misconduct Rules

The Vice Chancellor on the report and recommendation of the Course Co-ordinator can cancel the registration of a candidate and also debar them from examinations and further enrollment if he or she is found to be indulging in abusive, unruly behavior with the faculty or staff of the University. Such behaviors will also include abusive mails, phone calls or defamatory posts or blogs.

The NALSAR University Academic Mis-Conduct Regulations, as approved by the Executive Council of the University will apply suitably for the students enrolled for this programme.

Refund of Fee in case of withdrawal of admission

In case of withdrawal before the commencement of face to face contact sessions, 10% of the course fee / Course fee for the first year shall be retained by the University towards administrative charges;

In respect of students who withdraw their candidature after the first round of face to face contact sessions, total course fee / total course fee for the first year shall be retained by the University towards administrative charges.