Candidates are studying Diploma in Financial Management which is a 1-year long programme with admission mostly on the basis of 10+2 marks with a minimum of 55 - 60% to be eligible. Some institutes require 1-2 years of work experience after the 12th. Financial Managers are essential to any industry as they are in charge of financial health i.e. how to minimize cost and maximize profit, and guard the company against any financial risk or hazard. This diploma course in Financial management covers papers namely Principles of Management, Financial Accounting, Business Communication, and Security Analysis & Financial Management.