Diploma in Cooperative Management

The Diploma in Cooperative Management is an advanced course intended to provide individuals with thorough understanding and abilities in cooperative management methods. This one-year diploma course concentrates on several areas of cooperative management, such as cooperative governance, financial handling, marketing planning for cooperatives along with laws related to cooperatives and development of leadership skills. The usual criteria for eligibility demand that candidates have finished 10+2 or a similar qualification. The fees for a year in this course are usually between INR 10,000 and INR 50,000.

Some of the best colleges that provide this course include National Council for Cooperative Training, Tilka Manjhi Bhagalpur University and Palamuru University, etc. After getting the diploma, people can work as cooperative managers, consultants or development officers and trainers in cooperative societies as well as government agencies, NGOs and lastly financial institutions. The course gives a solid base in cooperative principles and management methods, readying people for a fulfilling job in the cooperative industry that normally pays between INR 2,00,000 and INR 5,00,000 per year.
 

The Diploma in Cooperative Management is a course that takes one year to complete and concentrates on practical, analytical, managerial and technical aspects of management in different types of organisations. The skills taught include leadership skills as well as administration ability and technical knowledge.

Those who have finished this diploma can get jobs in many sectors like cooperatives, banks, consultancies and research institutes. People who are beginning their career after finishing this course usually earn about INR 2,00,000 to INR 4,00,000 per year on average.
 

To be able to apply for the Diploma in Cooperative Management, you need to have finished your 10+2 or higher secondary education from a board that is recognised and you should have at least an aggregate of 45-50%. For some institutes, there might be a requirement for entrance exams while others give admission on merit basis. People who want to study this diploma should have abilities such as communication skills, leadership qualities; they must be good team players and also possess analytical capabilities. 

The Diploma in Cooperative Management has a wide range of career options available in both public and private sectors. After completion, graduates can look for jobs like project manager, divisional manager or managerial assistant with an average salary from INR 1.5 to 6.5 LPA. This diploma helps students gain knowledge about management, administration and leadership which can be applied across different industries.

Here is how a Diploma in Cooperative Management can be undertaken and the procedure that is followed for offering admission to aspiring students:

• The admission in most of the times is on merit basis; the students are selected on the basis of their college examination scores or minimum aggregate marks in higher secondary education.
• Some institutes may require the students to write entrance examinations for them to be admitted.
• To apply for the course, the candidates will have to submit some required documents online which are to be submitted as per the dates mentioned on the official website of the respective colleges that offer the course.
• The next stages might be an initial counselling and creation of a merit list based on candidates’ performance in the entrance exam.

Documents Required: Different documents usually include mark sheets of 10th and 12th standard, pass certificates, date of birth proof, domicile or residential proof, and any other relevant certificates.
 

The Diploma in Cooperative Management in India has the following advantages which make the course important for people who want a career in cooperative businesses:

Career Opportunities: The job opportunities available for the graduates from this diploma program include Cooperative Manager, Divisional Manager, Facilitator, Researcher as well as Project Manager.

Salary Trends: The average salary for the cooperative management diploma holder lies between INR 10,000 to INR 23,000 per month depending on the experience and expertise.

Growth in the Sector: It is viable and ideal for diploma holders to pursue a career in the cooperative sector given that the sector is growing in India.

Financial Inclusion: Graduates can get employed in other institutions such as cooperative banks, credit unions, and microfinance institutions where they offer service to the underserved groups which may include offering loans.

Sustainability and Resilience: Cooperative organisations are also sustainable and able to adapt to change hence beneficial when the economy is volatile. Such firms should be given every support since they improve society and graduates can make them better and more resilient to dynamic economic conditions.

India has very limited amount of colleges that provide Diploma in Cooperative Management but we have vetted some of the best institutions as mentioned below: 

Diploma in Cooperative Management is a one year course covering two semesters and including common syllabus topics as mentioned below: 

Diploma in Cooperative Management also includes compulsory subjects that might change from one institution to another. Some of the common mandatory subjects are as follows:

• Managerial Economics
• Financial Accounting
• Mathematics & Statistics for Managers
• Marketing Management
• Communications for Managers
• Introduction to Information Technology
• Knowledge and Communication Advancement

Diploma in Cooperative Management course doesn’t necessarily provide optional subjects but this might differ from one college to another. Check your preferred institution to verify the same information.

Here’s a comparison between Diploma in Cooperative Management vs BBA. Both are management and administration related courses but have many distinctions as mentioned below:

Here are some amazing job opportunities that you can pursue post completion of Diploma in Cooperative Management: