What is B.Com in Banking and Finance?
B.Com in Banking and Finance is 3 year UG program. It teaches you about banking law, banking, accounting, insurance risk, insurance law, and insurance regulations. It is a multidisciplinary curriculum that covers a wide range of topics and makes you an expert in the banking field. The basic eligibility to enroll in B.Com in Banking and Finance course is 12 th passed from recognized board. The candidate must studied core subjects, like business studies, accountancy, economics, and mathematics at intermediary level, to become eligible.
Fees of B.Com in Banking and Finance in government colleges is range from INR 15,000 to INR 30,000 per year. Candidates will get employment in consulting firms, banks, credit companies, business institutes, etc after complete their graduation. It prepares you for professional job roles in this industry. It also develops your firm base in finance and banking field, and prepare for leadership roles. If you are ready to enroll in B.Com in Banking and Finance at a reputed institute and shape your growing career, then you should read this blog. This blog consists of all vital information about B.Com in Banking and Finance, its eligibility, admission criteria, top colleges, Career after B.Com in Banking and Finance, etc.
Overview of B.Com in Banking and Finance
A Bachelor of Commerce degree programme, integrated with Banking and Finance offers a strategic pathway for individuals looking for success in the ever-evolving field of finance. This combination not only gives a solid foundation in preferred commerce but also specializes in banking and financial management, preparing students for leading roles in the financial sector.
The B.Com Banking and Finance course details start off evolved with complete information of core commerce courses, along with accounting, finance, business economics, business management, and marketing, tailored for individuals pursuing B.Com with Banking and Finance. This wide-based understanding serves as the inspiration for the specialization in Banking and Finance.
The integration of those factors creates a strategic academic journey, molding individuals into adept financial experts, opening doors to numerous career opportunities, and placing graduates as leaders in the financial area. Students go through training to achieve a certification in Banking and Finance from the Indian Institute of Banking & Finance, adding a valuable credential to their profile.
Key highlights of B.Com in Banking and Finance
| Course | Bachelor of Commerce in Banking and Finance |
|---|---|
| Duration | 3 years |
| Application Mode | Online |
| Examination Type | Semester Based |
| Placement | Provided by Institutes |
| Job Profiles | Accountant, Broker, Cashier, Credit Risk Executive, Auditor, Equity Research Expert, Loan Officer, Market Analyst, Sales Officer, Sales Manager |
| Approximate Annual Fee | ₹20,000 - ₹30,000 |
| Approximate Starting Salary | ₹3,40,000 |
| Admission Procedure | Merit Basis |
| Top Recruiting Companies | Mortgage Agencies, Economic Consulting Jobs, Health Departments, Business Schools, and more |
| Job Positions | Cashier, Loan Officer, Credit Risk Expert, Auditor, Equity Research Specialist, Market Expert, and Sales Officer |
Why Studying B.Com Banking & Finance is Important?
The importance of pursuing a B.Com Banking & Finance degree extends past the educational world. Here’s why this B.Com Banking and Finance course details hold huge value
- Strategic Expertise: Acquiring strategic financial knowledge is crucial for the effective
management of banking operations. - Industry-Relevant Skills: Developing skills that align with the needs of the dynamic
banking and finance industry. - Career Opportunities: Due to the huge Scope of B.Com in Banking and Finance, you
can unlock various career opportunities in banking, economic services, and
corporate finance. - Economic Contribution: Contributing to financial growth by fostering efficient
financial practices in companies.
Pursuing Bachelor of Commerce in Banking & Finance is not only an academic choice; it’s a dedication to becoming an fundamental a part of the financial atmosphere, drive growth and contributing to economic development.
B.Com Banking and Finance Top Colleges in India
Students can pursue online education in B.Com in Banking and Finance from several institutes in India. Each institute has its own fee structure, relying on the type of course. Here are the top universities where you can get admission.
| Colleges | Fees |
|---|---|
| Annamalai University | INR 24,000 |
| IGNOU | INR 15,000 |
| Kalinga College | INR 30,000 |
| Karnataka State Open University | INR 8,220 |
| Kurukshetra University | INR 12,000 |
| Acharya Nagarjuna University | INR 7,420 |
| Yashwantrao Chavan Maharashtra Open University | INR 10,000 |
| Bareilly International College | INR 14,000 |
| Subharti University | INR 30,000 |
| Jammu Kashmir University | INR 9,350 |
The Future Scope of Bachelor of Commerce Banking and Finance
The future Scope of B.Com in Banking and Finance is pretty promising. The program presents an advent to the ideas of commerce and teaches a way to apply them to a number of demanding situations. Students can select from a huge form of majors to improve their expert skills. They can also pursue a Career after B.Com in Banking and Finance in the banking industry, economic institutes, and different economic sectors.
Candidates who are interested in banking and finance can also choose this career course. This program specializes in developing initiative and expert judgment. It is structured to prepare students for careers in banking, accounting, and finance. The course includes a huge variety of WIL experiences, which include internships, work placements, study tours, and research initiatives.
B.Com Banking and Finance Jobs
On finishing B.Com (Banking and Finance), applicants may also choose careers in specific industries like Banks, NBFCs, Credit score organizations, Economic and Business provider companies, stock broking firms, market research companies.
Also, applicants who decide upon teaching as a Career after B.Com in Banking and Finance can opt for entrance examinations like NET and JRF, which open the door to the academic world as a professor or research expert. Here is a table of Job opportunities after B.Com in Banking and Finance
| Job Profiles | Description |
| Sales Officer | Sales Officer works to clarify, sell and implement banking securities products and help as a connection between the bank and its securities customers. |
| Auditor | Auditor works to authorize an agreement established inside to control means by observing records, reports, functioning practices, and documents. Validates assets and liabilities by relating items to documentation and completes by documenting audit checks and discoveries. |
| Cashier | Cashier is expert who accept payments by money, cheque, credit cards, vouchers, or debit. Issue receipts, refunds, credits, or alterations due to customers. Count money in cash drawers at the starting of shifts to certify that amounts are correct and that there is adequate change. |
| Account Manager | Account Manager is professional who works for a business and is accountable for the management of sales and relations with specific customers. The account director does not handle the regular running of the account by itself. They accomplish the relationship with the client of the account they are allocated to. |
| Accountant | Accountant Arranges asset, liability, and capital account records by assembling and analyzing account data. Documents financial transactions by entering account information. The expert also recommends financial movements by examining accounting choices. |
| Stockbroker | To achieve the financial portfolio of the client, it could be an individual or a company. By the advice of an investment analyst, you will talk over this with the client, which parts to buy or sell to get them the best return on their money. |
| Equity Research Analyst | On job of Equity Research Analyst, you are responsible to examine financial figures and public accounts of businesses and use this examination to control the worth of the company "stock and to foresee the company" upcoming financial picture. Most equity specialists are employed by brokerages or commercial firms. |
Salary to B.Com Banking and Finance Graduates
| Job Titles |
Annual Average Salary
|
| CA | INR 7 lakh |
| CFA | INR 4.5 lakh |
| Investment Analyst | INR 2.5 lakh |
| Risk Analyst | INR 2 lakh |
| Securities Analyst | INR 5.1 lakh |
Top Recruiters
The top organizations hire BCom Banking and Finance graduates are
- Kotak Mahindra Bank
- ICICI Bank
- HDFC Bank
- Axis Bank
- Manappuram Finance
Conclusion
B.Com in Banking and Finance is a valuable degree for students interested in a profession in the financial sector. With a based curriculum that combines theoretical and practical knowledge, graduates are well-prepared to navigate the complexities of banking, finance, and investment. The program opens huge Job opportunities after a B.Com in Banking and Finance and builds a strong foundation for professional growth and, in addition, academic interests in finance- related fields.
