A Bachelor of Commerce (B.Com) with a specialization in Banking and Finance is a dynamic undergraduate software that equips students with a comprehensive knowledge of financial structures, banking operations, and financial concepts. This program commonly spans three to four years, relying at the institution, and gives a numerous curriculum.
Students enrolled on this program have a look at a number topics, which include monetary accounting, funding evaluation, risk management, economics, and banking standards. They additionally advantage insights into the regulatory frameworks that govern the financial industry and learn how to navigate the intricacies of economic markets. Additionally, coursework often consists of subjects like economic management, monetary establishments, and worldwide finance.
The admission process for Bachelor of Commerce (B.Com) (Banking and Finance) varies depending on the university or college. However, there are some general steps that are common to most institutions.
Admission Process Step | Description |
---|---|
Meet the eligibility criteria | Candidates must have passed class 12 with a minimum of 45% marks in aggregate. Some universities and colleges may require candidates to have studied specific subjects in class 12, such as Accountancy, Business Studies, and Economics. |
Apply online or offline | Candidates can apply for admission to B.Com (Banking and Finance) online or offline. |
Pay the application fee | Candidates need to pay an application fee to the university or college. |
Submit the application form | Once the application form and application fee have been submitted, candidates need to submit the required documents. |
Appear for the entrance exam (if applicable) | Some universities and colleges conduct entrance examinations for admission to B.Com (Banking and Finance). |
Qualify the entrance exam (if applicable) | Candidates who have qualified the examination will be called for counseling. |
Attend the counseling session (if applicable) | At the counseling session, candidates will be allotted seats in colleges based on their merit and preferences. |
Pay the admission fee | Once the counseling session is complete, candidates will be required to pay the admission fee and get enrolled in the college. |
Academic Qualifications: Candidates ought to commonly have completed their secondary education, which is the equal of high faculty in their respective united states. This commonly consists of a high faculty degree or its worldwide equivalent.
Minimum Marks: Many institutions require a minimal percentage or grade factor common (GPA) to your high faculty or equivalent assessments. The required percent can range from organization to institution.
Subject Prerequisites: Some universities may also have unique difficulty prerequisites, which includes a historical past in commerce, accounting, economics, or mathematics. For a specialised B.Com in Banking and Finance, a history in trade or associated topics is probably preferred.
Entrance Examinations: In some nations or institutions, applicants might be required to seem for an front exam. These tests check your aptitude for trade and finance-related studies.
English Language Proficiency: If your number one language isn't English, you may want to provide evidence of English language skillability via assessments like IELTS or TOEFL.
Interviews or Personal Statements: Some institutions may additionally require an interview or a personal announcement as a part of the software method.
Age Requirements: There is probably age restrictions at some institutions, so make sure you meet the age requirements, if any.
SAT (Scholastic Assessment Test): Widely used within the United States, the SAT assesses mathematical and important studying capabilities. Some universities consider SAT ratings for global students seeking admission to B.Com packages.
ACT (American College Testing): Similar to the SAT, the ACT is some other standardized test used for admission to U.S. faculties. It includes sections on mathematics and reading.
A-Level or International Baccalaureate (IB): In the United Kingdom and lots of other countries, students take A-Levels or the IB for university admission. A-degrees normally encompass subjects like mathematics, economics, and accounting, that are applicable for a B.Com in Banking and Finance.
Common Admission Test (CAT): In India, CAT is a particularly aggressive and hard exam for admission to top business schools. While not unique to B.Com, sturdy CAT rankings can enhance your utility.
State-Level Entrance Exams: Many states in India conduct their personal entrance exams for B.Com applications, together with MH-CET in Maharashtra, TS EAMCET in Telangana, and extra.
University-Specific Exams: Some universities may have their very own entrance checks. For instance, Delhi University conducts the DU JAT (Joint Admission Test) for various B.Com programs.
TOEFL/IELTS: For international college students, English language skillability exams like TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System) are regularly required.
GRE (Graduate Record Examination): Although normally for graduate programs, a few universities can also do not forget GRE ratings for undergraduate admission.
Syllabus Name | Syllabus Details |
---|---|
Financial Accounting | Recording, summarizing, and reporting the financial transactions and events of a bank. |
Corporate Accounting | Accounting for companies, including shares and dividends, issue of capital, etc. |
Banking Law | Laws and regulations governing the banking industry. |
Financial Markets | Types of financial markets, instruments traded in financial markets, and factors affecting financial markets. |
Risk Management | Identification, assessment, and mitigation of financial risks. |
International Banking | Banking transactions and operations carried out across borders. |
Financial Planning | Developing and implementing financial plans to achieve financial goals. |
Insurance | Principles of insurance, types of insurance, and insurance products. |
Portfolio Management | Constructing and managing financial portfolios to meet investment objectives. |
Business Statistics | Statistical methods used in business. |
Business Economics | Economic principles and theories applied to business. |
College | City | State | Fees (INR per year) |
---|---|---|---|
Shri Ram College of Commerce, Delhi University | Delhi | Delhi | 10,000 |
Hindu College, Delhi University | Delhi | Delhi | 12,000 |
Stephen's College, Delhi University | Delhi | Delhi | 15,000 |
Hansraj College, Delhi University | Delhi | Delhi | 18,000 |
Kirori Mal College, Delhi University | Delhi | Delhi | 20,000 |
Lady Shri Ram College for Women, Delhi University | Delhi | Delhi | 22,000 |
Loyola College, Chennai | Chennai | Tamil Nadu | 25,000 |
St. Xavier's College, Kolkata | Kolkata | West Bengal | 28,000 |
Christ University, Bangalore | Bangalore | Karnataka | 30,000 |
Narsee Monjee Institute of Management Studies, Mumbai | Mumbai | Maharashtra | 32,000 |
Symbiosis College of Arts and Commerce, Pune | Pune | Maharashtra | 35,000 |
College | City | State | Fees (INR per year) |
---|---|---|---|
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | Mumbai | Maharashtra | 32,000 |
Symbiosis College of Arts and Commerce, Pune | Pune | Maharashtra | 35,000 |
Christ University, Bangalore | Bangalore | Karnataka | 30,000 |
Loyola College, Chennai | Chennai | Tamil Nadu | 25,000 |
St. Xavier's College, Kolkata | Kolkata | West Bengal | 28,000 |
Xavier's College, Mumbai | Mumbai | Maharashtra | 30,000 |
SIES College of Commerce and Economics, Mumbai | Mumbai | Maharashtra | 25,000 |
H.R. College of Commerce and Economics, Mumbai | Mumbai | Maharashtra | 28,000 |
K.J. Somaiya College of Commerce and Economics, Mumbai | Mumbai | Maharashtra | 30,000 |
R.A. Podar College of Commerce and Economics, Mumbai | Mumbai | Maharashtra | 25,000 |
Mithibai College of Commerce, Mumbai | Mumbai | Maharashtra | 28,000 |
Bachelor of Commerce (B.Com) (Banking & Finance) is a popular undergraduate course in India that prepares students for careers in banking, finance, and accounting. The placement prospects for B.Com (Banking & Finance) graduates are good, with many leading companies recruiting from top colleges and universities.
College | Average CTC (₹ LPA) |
---|---|
Shri Ram College of Commerce, Delhi University | 7.5 |
Hindu College, Delhi University | 7.2 |
Stephen's College, Delhi University | 7.0 |
Hansraj College, Delhi University | 6.8 |
Kirori Mal College, Delhi University | 6.6 |
Lady Shri Ram College for Women, Delhi University | 6.4 |
Loyola College, Chennai | 6.2 |
St. Xavier's College, Kolkata | 6.0 |
Christ University, Bangalore | 5.8 |
Narsee Monjee Institute of Management Studies, Mumbai | 5.6 |
Symbiosis College of Arts and Commerce, Pune | 5.4 |
Bachelor of Commerce (B.Com) (Banking & Finance) graduates have a wide range of job opportunities in the banking and financial sector. They can work in commercial banks, investment banks, investment management firms, insurance companies, and other financial institutions. They can also work in government agencies and non-profit organizations.
Specialization | Average Salary (₹ LPA) |
---|---|
Accountant | 3.5 |
Auditor | 4.0 |
Financial analyst | 5.0 |
Investment banker | 6.0 |
Loan officer | 4.5 |
Portfolio manager | 7.0 |
Risk analyst | 6.5 |
Sales trader | 8.0 |
Wealth manager | 9.0 |
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