A Master of Commerce (M.Com) in Banking is a postgraduate program designed to provide students with an in-depth understanding of banking and financial management. This specialized degree typically spans two years and equips students with the knowledge and skills necessary to excel in the dynamic world of banking and finance.
The course curriculum covers a wide range of topics, including financial institutions and markets, risk management, corporate finance, investment analysis, and banking operations. Students also explore regulatory and ethical aspects of the banking sector, as well as the use of advanced financial technologies. Practical training, case studies, and internships often form a crucial part of the program, allowing students to gain real-world experience.
|1||Meet the eligibility requirements.|
|2||Submit an application form.|
|3||Take an entrance exam (if required).|
|4||Attend an interview (if required).|
|5||Accept your offer of admission and register for the program.|
Educational Background: Typically, candidates must have a bachelor's degree in trade or a associated area, such as B.Com, BBA, or a bachelor's diploma in economics, finance, or commercial enterprise management. Some universities may additionally take delivery of graduates from different disciplines with applicable coursework.
Minimum GPA: Many universities require candidates to have a minimal GPA (Grade Point Average) of their undergraduate studies. The unique GPA requirement can range from one organization to some other.
Entrance Exam: Some universities or colleges may additionally require applicants to appear for an front exam, which include the Common Admission Test (CAT) or a university-unique entrance exam, to evaluate their knowledge and abilties.
Work Experience (Optional): Some applications may opt for or require applicants to have previous work enjoy within the banking or financial area, even though this is not a general requirement.
Language Proficiency: If the medium of education is in a language apart from your local language, you could need to offer proof of language proficiency, such as IELTS or TOEFL scores for non-local English speakers.
Common Admission Test (CAT): CAT is one of the maximum broadly diagnosed checks in India for admission to numerous postgraduate management and commerce packages. It assesses applicants on their quantitative, qualitative, and records interpretation capabilities. Many top enterprise colleges take delivery of CAT rankings for M.Com (Banking) admissions.
Xavier Aptitude Test (XAT): XAT is some other national-stage management entrance exam used for admission to various postgraduate programs, consisting of M.Com. It evaluates verbal ability, quantitative aptitude, records interpretation, and preferred know-how.
Management Aptitude Test (MAT): MAT is a standardized test used for admission to various control and trade packages. It assesses candidates' analytical and trouble-solving talents, language talent, mathematical talents, and statistics analysis.
Graduate Management Admission Test (GMAT): GMAT is an the world over diagnosed examination for admission to enterprise and control applications. Many global universities and Indian establishments accept GMAT ratings for M.Com admissions. It evaluates analytical writing, verbal, quantitative, and included reasoning capabilities.
University-Specific Exams: Many universities conduct their personal entrance tests for M.Com (Banking) admissions. These checks might also consist of concern-precise questions and are tailor-made to the university's program necessities.
State-Level Exams: Some states in India have their very own entrance assessments for M.Com admissions. These exams are specific to country universities and establishments.
|Introduction to Banking||This course covers the basics of banking, including the role of banks in the economy, the different types of banks, and the various banking products and services offered.|
|Financial Markets and Institutions||This course covers the different types of financial markets and institutions, including money markets, capital markets, and banking institutions.|
|Banking Regulation and Supervision||This course covers the regulatory framework for banks and the role of financial regulators.|
|Risk Management in Banking||This course covers the different types of risks that banks face and the various risk management techniques that can be used to mitigate these risks.|
|Banking Accounting and Finance||This course covers the accounting and financial reporting requirements for banks.|
|Commercial Banking||This course covers the different types of commercial banking activities, such as lending, deposits, and investment banking.|
|Retail Banking||This course covers the different types of retail banking products and services, such as savings accounts, loans, and credit cards.|
|International Banking||This course covers the different aspects of international banking, such as foreign exchange trading, cross-border lending, and international financial markets.|
|College||City||State||Fees (in INR)|
|Delhi School of Economics (DSE), University of Delhi||Delhi||Delhi||₹12,000|
|Gokhale Institute of Politics and Economics (GIPE), Pune||Pune||Maharashtra||₹15,000|
|Madras School of Economics (MSE), Chennai||Chennai||Tamil Nadu||₹18,000|
|Gujarat Vidyapith (GV), Ahmedabad||Ahmedabad||Gujarat||₹21,000|
|Institute of Economic Growth (IEG), Delhi||Delhi||Delhi||₹24,000|
|Sardar Patel Institute of Economic and Social Research (SPIER), Ahmedabad||Ahmedabad||Gujarat||₹27,000|
|National Institute of Public Finance and Policy (NIPFP), New Delhi||New Delhi||Delhi||₹30,000|
|Institute for Social and Economic Change (ISEC), Bangalore||Bangalore||Karnataka||₹33,000|
|Giri Institute of Development Studies (GIDS), Lucknow||Lucknow||Uttar Pradesh||₹36,000|
|College||City||State||Fees (in INR)|
|Symbiosis Institute of Business Management (SIMB), Pune||Pune||Maharashtra||₹3,00,000|
|Amity Business School (ABS), Noida||Noida||Uttar Pradesh||₹3,50,000|
|SP Jain Institute of Management and Research (SPJIMR), Mumbai||Mumbai||Maharashtra||₹4,00,000|
|Welingkar Institute of Management Development & Research (WeSchool), Mumbai||Mumbai||Maharashtra||₹4,50,000|
|K J Somaiya Institute of Management Studies and Research (KJSIMSR), Mumbai||Mumbai||Maharashtra||₹5,00,000|
|FORE School of Management, Delhi||Delhi||Delhi||₹5,50,000|
|Narsee Monjee Institute of Management Studies (NMIMS), Mumbai||Mumbai||Maharashtra||₹6,00,000|
|Great Lakes Institute of Management (GLIM), Chennai||Chennai||Tamil Nadu||₹6,50,000|
|Alliance School of Business (ASB), Bangalore||Bangalore||Karnataka||₹7,00,000|
|Xavier Institute of Management, Bhubaneswar (XIMB)||Bhubaneswar||Odisha||₹7,50,000|
|International Management Institute (IMI), Delhi||Delhi||Delhi||₹8,00,000|
The placement rate for Master of Commerce (M.Com.) (Banking) graduates is generally high. In 2022, the average placement rate for M.Com. (Banking) graduates from top colleges in India was over 90%.
The average CTC for M.Com. (Banking) graduates in India ranges from ₹5 LPA to ₹8 LPA, depending on the college, the company, and the role. Here is a table listing the average CTC for M.Com. (Banking) graduates from some of the top colleges in India:
|College||Average CTC (in INR)|
|Delhi School of Economics (DSE), University of Delhi||₹8 LPA|
|Gokhale Institute of Politics and Economics (GIPE), Pune||₹7.5 LPA|
|Madras School of Economics (MSE), Chennai||₹7 LPA|
|Gujarat Vidyapith (GV), Ahmedabad||₹6.5 LPA|
|Institute of Economic Growth (IEG), Delhi||₹6 LPA|
|Sardar Patel Institute of Economic and Social Research (SPIER), Ahmedabad||₹5.5 LPA|
|National Institute of Public Finance and Policy (NIPFP), New Delhi||₹5 LPA|
|Specialization||Average Salary (in INR)|
|Credit Analyst||₹6.5 LPA|
|Risk Analyst||₹7 LPA|
|Financial Analyst||₹7.5 LPA|
|Investment Banker||₹8 LPA|
|Commercial Banker||₹6.5 LPA|
|Retail Banker||₹6 LPA|
|Compliance Officer||₹7 LPA|
|Bank Auditor||₹6.5 LPA|