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BCom in Banking and Finance is a three-year undergraduate degree program. The course covers the concepts of Banking, Accounting, Banking Law, Insurance Law, and Insurance Risk and Insurance Regulations. It is a disciplinary program covering an extensive array of subjects and areas of study.
The course fee usually varies between INR 15,000-30,000 per annum in government colleges. The candidates who have pursued this course find job opportunities in Banks, Business Schools, Credit Organizations, Consultancies, and more.
2.1 Why BCom Banking and Finance?
3.1 Eligibility
3.2 Admission
3.3 Entrance Exam
3.4 Important dates
4.1 Subjects
BCom Banking and Finance Quick Facts
| Course | Bachelor of Commerce in Banking and Finance |
| Duration | 3 years |
| Application Mode | Online and Offline |
| 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 INR |
| Approximate Starting Salary | 3,40,000 INR |
| Admission Procedure | Merit Basis |
| Eligibility | 10+2 in Commerce from a recognized board |
| Top Recruiting Companies | Mortgage Agencies, Economic Consulting Jobs, Health Departments, Business Schools, and more |
| BCom Scope | MCom, MBA |
| Job Positions | Cashier, Loan Officer, Credit Risk Experts, Auditor, Equity Research Specialist, Market Expert, Sales Officer. |
All About BCom in Banking and Finance
Bachelor of Commerce in Banking and Finance Management is a three-year course and has a minimum qualification requirement, which is an intermediate 10+2. Banking is basically the procedure through which a financial intermediary receives deposits and channels the same into giving happenings either through capital markets or directly. Insurance is fundamentally a risk organization that benefits from hedging against unclear losses.
- Subjects studied under this program are Business Communication, Environmental Educations, Business Economics Paper, Accountancy, Financial Management Paper, Mathematical and Statistical Methods.
- The bachelor of commerce is one the most basic and best choice for any individual who has an interest in commerce and would like to build their future around it.
- The program covers the fundamentals of progressions like security analysis, derivatives markets, financial organization, risk management, and more.
- These prepare the student in handling a variety of financial difficulties in any particular segment or with any kind of client.
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A few of the top recruiting companies are Banks, Business Schools, Credit establishments, Consultancies, Economic consulting works, Indian civil facilities, health branches, Insurance businesses, securities investments, and Mortgage agencies.
Check: Bachelor of Commerce [B.Com] (Accounting and Finance)
Why BCom in Banking and Finance?
Studying Banking and Finance offers you the foundation for a wide range of careers through studies in banking, broking, consulting, funds management, insurance, and superannuation.
The person interested in studying might work with corporates in financial markets or with the government. This kind, of course, can take them anywhere in the world and make it easier for them to earn.
- A course like this delivers practical assistance and an understanding of banking and business matters.
- After completing the Bachelor of Commerce program, the candidates will have gained a deep and extensive understanding of the two study parts. They will have attained the conceptual services and the logical method essential to tackle difficulties in the parts of their specialities. They will be capable of emerging operative policies, handling risks, and taking operative results in their future careers.
- A candidate after pursuing this course can also choose to study further. The Bachelor of Commerce degree gives an extensive but solid educational basis to learners in several components like banking, economics, accounting, business management, finance, and more.
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After the Bachelor of Commerce in Banking and Finance degree program, candidates can either carry on further studies that are M.Com., MBA, or can work as a career in banking, insurance, finance, auditing, or accountancy, in both the government and private sector.
Read About Bachelor of Commerce [B.Com] {Hons.}
BCom in Banking and Finance Admission Process
The admission to an institution will be based on the grades in the 10+2 exam. The admission is given to candidates based on merit in most of the colleges. Few Institutions conduct their entrance examinations followed by group discussions or personal interview rounds for getting admission to this program. Check Bachelor of Commerce [B.Com]
Eligibility
- The basic Eligibility to have to get admission to any particular college to study in this program is that the candidate must pass 10 + 2 or any equivalent exam in any board all over the country. The candidate should have studied and passed in any mandatory subjects like accountancy, business studies, economics, and mathematics at the intermediary level.
- The learner must also secure at least 55% in the examination. Few Institutes also demand the least of 50% aggregate as well.
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The candidate must qualify the above-mentioned criteria if they wish to pursue the Bachelor of Commerce in Banking and Finance.
Check: B.Com Banking and Finance Colleges in TamilNadu
Admission
The admission for the Bachelor of Commerce in Banking and Finance program is based on the applicant’s performance in a related examination. The candidates succeeding examination with a particular minimum eligible cut-off grades are invited for the consequent round of counselling, based on which the final selection is made of a student.
The counselling procedure usually consists of particular rounds of Group discussions and Personal Interviews where the applicant’s general aptitude for the program is examined. According to the merit list, particular seats are allotted to the qualifying applicant.
Few documents that are mandatory while applying are as follows:
- Passing certificate of Class 10 and 10+2.
- Proof of date of birth.
- School Leaving, Transfer, Character, Migration Certificate
- ST/ SC/Other Backward Caste document
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If any disability, proof regarding it
Entrance Exam
There are few entrance examinations which are mentioned in detail below:
IPU CET Entrance Exam:
- The IPU CET entrance exam is a university-level examination held for admission to undergraduate and postgraduate programs.
- The paper is usually conducted offline by the IP university and the total time given to the candidates is around 150 minutes.
- All the eligible applicants can fill the application with a fee of 1200 INR.
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The eligibility for this examination is that the candidate must be Indian and must have passed 10+2 with a recognized board.
NPAT Entrance Exam:
- The NPAT Entrance Exam is for the admissions in undergraduate and integrated degree programs in Narsee Monjee Institute of Management studies or NIMS university.
- The exam pattern is that 120 questions consist of around 100 marks.
- The eligibility criteria are that the student must pass 10+2 with English being the mandatory subject and secure a minimum of 50% aggregate marks.
BHU UET Entrance Exam:
- The BHU UET entrance examination is conducted by Banaras Hindu University for granting Admission to candidates in various programs.
- The exam pattern of this examination is that there will be 150 questions of 450 scoring marks and those questions will be multiple type questions.
- The applications will be released online. The eligibility for this examination is that the candidate must be passed in the previous examination with about 50% aggregate.
JUEE Entrance Examination:
- The JUEE Examination is a university test conducted for admission in undergraduate, postgraduate, or doctoral programs.
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The application form is available on the official website of the college. The eligibility criteria are that the person needs to pass 10+2 with an aggregate of 45% at minimum.
Check: B.Com Banking and Finance Colleges in Chennai
Important Dates
| Entrance Exam | Exam Dates |
|---|---|
| IPU CET | Check here |
| NPAT | Check here |
| BHU UET | Check here |
| JUEE | Check here |
BCom Banking and Finance Course Curriculum
The Syllabus of Bachelor of Commerce in Banking and Finance as prescribed by several Colleges and Universities.
| Semester | Syllabus |
|---|---|
| Semester I | Principles and Performs of Banking and Insurance |
| Financial Accounting | |
| Effective Communication II | |
| Economics II | |
| Quantitative Methods II | |
| Business Law | |
| Semester II | The environment of Financial Facilities |
| Principle of Management | |
| Effective Communication I | |
| Economics I | |
| Quantitative Methods I | |
| Introduction to Computer Systems | |
| Semester III | Laws Governing Banking and Insurance |
| Financial Management I | |
| Management Accounting | |
| Customer Relationship | |
| Information Technology in Banking and Insurance | |
| Organizational Behavior | |
| Taxation of Financial Facilities | |
| Semester IV | Universal Banking |
| Financial Management II | |
| Innovations in Banking and Insurance | |
| Corporate Law and Governing Capital Market laws | |
| Entrepreneurship Management | |
| Financial Markets | |
| Cost Accounting of Banking | |
| Semester V | Marketing in Banking and Insurance |
| Financial Services Management | |
| International Banking and Finance | |
| Financial Reporting and Analysis | |
| Security Analysis and Portfolio Management | |
| Auditing | |
| Semester VI | Strategic Management |
| Central Banking | |
| International Business | |
| Human Resource Management in Banking and Insurance | |
| Business Ethics and Corporate Governance | |
| Turnaround Management | |
| Project Presentation of Banking and Insurance |
BCom Banking and Finance Subjects
The Subjects taught while pursuing the Bachelor of Commerce in Banking and finance program may vary from one college to the other but few topics are listed below:
- Environment and Management of financial services
- Financial accounting
- Introduction to Computer systems
- Business Law
- Laws Governing Banking and Insurance
- Universal Banking
- Management accounting
- Entrepreneurship management
- International Banking and Finance
- Financial Reporting and Analysis
- Auditing
- Human Resource Management in Banking and Insurance
- Turnaround Management
- Business ethics and corporate governance
BCom Banking and Finance Course Comparison
Below mentioned is a comparison between Bachelor of Commerce in Banking and Finance and Bachelor of Business Administration in Banking and Finance:
| Particulars | BCom in Banking and Finance | BBA in Banking and Finance |
|---|---|---|
| Duration | Three-years | Three-years |
| Eligibility | 10+2 from a recognized board | 10+2 from a recognized board |
| Future | MBA, CFA, CA, CS, LLB, MBE | M.Com, MA Economics |
| Job Profile | Accountant, Asset Manager, Investment Analyst, Securities Analyst, Stock Analyst, Treasurer, Risk Analyst | Administrative Officer, Marketing Manager, Sales Manager, Insurance Manager, Development Officer, Investment Banker |
| Employment Areas | Banks, Business Schools, Mortgage Companies, Property Developers, Credit Companies, Educational institutes, Research Agencies, Investments | Banks, Business Schools, Credit unions, Mortgage Companies, Property Developers, Credit Companies, Educational institutes, Research Agencies, Shopping Malls, Investments |
| Salary | 25,000-45,000 INR | 7,000-23,000 INR |
| Study | This course deals with the study of simple principles involved in the Banking stream. | This course deals with the managing of several fields involved in the banking sector |
| Top Colleges in India | Poddar Group of Institutions, Jaipur; Amity University, Raipur; Indus University, Ahmedabad; Jagannath Institute of Management Sciences, Delhi; NIMS University, Jaipur | GIBS Business School, Bangalore; JECRC University, Jaipur; KIIT School of Management, Bhubaneswar; T. John Group of Institutions, Bangalore; JK Lakshmipat University, Jaipur |
BCom Banking and Finance Distance Education
In this program, candidates are exposed to general business values, business management, economics, statistics, finance, marketing, human resources, accounting information methods. The applicants can apply for this program Bachelor of Commerce in Banking and Finance through Distance Education.
Eligibility:
The eligibility criteria for the candidates who wish to study Bachelor of Commerce in Banking and Finance shall pass the 10+2 from a recognized Board with at least 50% grades. The time duration of this program is three years.
Colleges that offer Bachelor of Commerce in Banking and Finance in Distance:
| Colleges | Annual Fee (INR) |
|---|---|
| IGNOU | 15,000 |
| Nalanda Open University | 7,500 |
| Madurai Kamaraj University | 10,000 |
| Karnataka State Open University | 8220 |
| Jammu Kashmir University | 9,350 |
| Yashwantrao Chavan Maharashtra Open University | 10,000 |
| Acharya Nagarjuna University | 7,420 |
| Krishna Kanta Handique State Open University | 5500 |
| Allahabad State College | 15,000 |
| Kakatiya University | 40,000 |
| Annamalai University | 24,000 |
| Bareilly International College | 14,000 |
| Kalinga College | 30,000 |
| Kurukshetra University | 12,000 |
| Integral University | 20,000 |
| Kuvempu University | 40,000 |
| Jaipur National College | 45,000 |
| Subharti University | 30,000 |
BCom Banking and Finance Top Colleges in India
Below mentioned are some of the top colleges which offer the Bachelor of Commerce in Banking and Finance course:
| Name of Institute | Annual Fee (INR) |
|---|---|
| Poorna University of Arts, Science, and Commerce, Pune | 10,420 |
| Jain University, Bangalore | 3,45,000 |
| K J Somaiya College of Arts and Commerce, Mumbai | 27,435 |
| K.P.B Hindu College of Arts and Commerce, Mumbai | 66000 |
| St. Xavier’s College, Mumbai | 15075 |
| Christ University, Bangalore | 635000 |
| Symbiosis College of Arts and Commerce, Pune | 52085 |
| Stella Mari’s College, Chennai | 88935 |
| HR College of Commerce and Economics, Mumbai | 30000 |
| Sri Venkateswara College, New Delhi | 28770 |
| St. Francis College for Women, Hyderabad | 30000 |
| Chaitanya Degree College, Warangal | 25000 |
| Arya Post Graduate College, Panipat | 30,000 |
| Adarsh University of Arts and Commerce, Thane | 42,090 |
| Bhadrak College, Bhadrak | 15000 |
| A.V. Abdurahiman Haji Arts and Science College, Kerala | 50,000 |
| Ambedkar University Delhi Dwarka Campus | 32,800 |
| Amguri College, Assam | 27,880 |
| Bail Izza Arts and Science University, Kerala | 27,555 |
| St. Aloysius College, Kerala | 15,000 |
| IV Patel College of Commerce, Gujarat | 35,000 |
| Christ College, Kerala | 12,600 |
| Cochin University, Kerala | 50,000 |
| Dharmsinh Desai Institute of Commerce, Gujarat | 65,000 |
| Farook College, Kerala | 25,650 |
| Government Commerce College, Gujarat | 43,670 |
| Government Victoria College Palakkad, Kerala | 35,200 |
| Jamshedpur Women’s College, Jharkhand | 50,000 |
| JDT Islam College of Arts and Science, Kerala | 30,000 |
| M. B. Commerce and G. M. N. Arts College, Gujarat | 35,500 |
| Sri Adi Chunchanagiri University of Arts Commerce and Science | 42,222 |
BCom Banking and Finance Top Colleges in Abroad
Below mentioned are the colleges abroad which offer the Bachelor of Commerce in Banking and Finance program:
| Colleges | Annual Fee in INR |
|---|---|
| Harvard University | 35,54,730 |
| MIT | 36,57,000 |
| Stanford University | 13,32,500 |
| London School of Economics and Political Science | 19,62,800 |
| University of Oxford | 33,27,800 |
BCom Banking and Finance Scope
- The Bachelor of Commerce in Banking and Finance degree program prepares candidates for a professional qualification in Banking and Finance.
- It also offers a firm base in the fields of Banking and finance, therefore making it easier to obtain a leadership or decision-making role in both the Banking and Finance segments.
- Activities of banks can be distributed into few parts like Retail Banking which deals straight with persons and small companies, Business which provides services to mid-markets, Corporate which is directed at large business individuals, which provide wealth management facilities to high net worth individuals and investments.
BCom Banking and Finance Jobs
| Job Profiles | Description | Salary (INR) |
|---|---|---|
| Sales Officer | Their main job responsibility is to clarify, sell and implement banking securities products and help as a connection between the bank and its securities customers. | 3 to 4 LPA |
| Auditor | They 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. | 4 – 5 LPA |
| Cashier | They 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. | 2 to 3 LPA |
| Equity Research Analyst | The role of an equity expert is to examine financial figures and public accounts of businesses and use this examination to control the worth of the company's stock and to foresee the company's upcoming financial picture. Most equity specialists are employed by brokerages or commercial firms. | 4 - 5 LPA |
| Account Manager | An account supervisor is an individual 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. | 5 – 6 LPA |
| Accountant | Arranges asset, liability, and capital account records by assembling and analyzing account data. Documents financial transactions by entering account information. Recommends financial movements by examining accounting choices. | 2 to 3LPA |
| Stockbroker | To achieve the financial portfolio of the client; so it could be an individual or a company. By the advice of an investment analyst, you shall talk over this with the client, which parts to buy or sell to get them the best return on their money. | 3 to 4 LPA |
BCom Banking and Finance FAQs
Ques. What are the eligibility criteria for the course Bachelor of Commerce in Banking and finance?
Ans. The basic Eligibility to have to get admission to any particular college to study in this program is that the candidate must pass 10 + 2 or any equivalent exam in any board all over the country. The candidate should have studied and passed in any mandatory subjects like accountancy, business studies, economics, and mathematics at the intermediary level. The learner must also secure at least 55% in the examination.
Ques. Where can an individual work after pursuing the Bachelor of Commerce in Banking and Finance?
Ans. Few employment areas for a candidate are Automobile Industry, Aviation Industry Banks, Business Schools, Charity Associations, Consultancies, Credit Businesses, Educational Institution, Economic Consulting Jobs, Health Sections, Indian Civil Facilities, Indian Economic Services and more.
Ques. How is a Bachelor of Commerce in Banking and Finance beneficial for a student?
Ans. After successfully graduating from the Bachelor of Commerce in Banking and Insurance degree program, an individual can either study further studies that are M. Com, MBA, and more or they can look for a job to help their career in banking, insurance, finance, auditing, or accountancy, in both the government and private sector.
Ques. Which kind of students is suitable for a program in BCom Banking and Finance?
Ans. The candidate who has a calculative mind, decent at Mathematics and Economics are the most suitable for this graduation course. Students with good communication and interpersonal skills and a good understanding of accounts usually examine accounting numbers analytically in their careers.
Ques. Is this Bachelor of Commerce in Banking and finance the best degree for banking?
Ans. Yes, this degree of bachelor of commerce is the best if a candidate is interested in pursuing their career in the field of Banking.
Ques. Will Bachelors of Commerce in Banking and Finance degree give a decent start to a candidate who wishes to pursue a career in investment banking?
Ans. Yes, a candidate who wishes to pursue their career in Investment banking should study the course Bachelor of commerce. The elective subjects must be chosen strategically and should try to do internships if they want to do MBA in the future. The course of Bachelor of Commerce in Banking and Finance will benefit the candidate in kick-starting their career in Investment Banking.
Ques. Which program is better to study BBA or BCom, if a student wishes to pursue an MBA in the future?
Ans. It depends on the applicant; if they are studying commerce then they can continue in that stream. If you are not interested in this particular stream then opt for BBA. If an applicant wishes to study MBA in finance, marketing, banking, and financial services then B. Com is the better option. In the course B. Com, applicants will study these subjects according to their interest to get an idea about the subject.
Ques. What role does the market analyst have according to the job profile after pursuing a Bachelor of Commerce in Finance and Banking?
Ans. After pursuing the course BCom in Banking and Finance, an applicant can work as a Market research analyst who does research and gathers data to benefit companies' markets in its products or services. They collect data on consumer demographics, preferences, requirements, and buying habits.
Ques. What learning outcome does a candidate have after pursuing a B.Com in Banking and Finance?
Ans. After completing the Bachelor of Commerce program, the candidates will have gained a deep and extensive understanding of the two study parts. They will have attained the conceptual services and the logical method essential to tackle difficulties in the parts of their specialities. They will be capable of emerging operative policies, handling risks, and taking operative results in their future careers.
Ques. Is there any relaxation regarding the reserved category for candidates pursuing a B.Com in Banking and Finance?
Ans. The candidates usually get a 5 per cent reduction provided it is the reserved category while applying for college.
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