B.Com (Banking and Insurance) is an undergraduate course in the area of Commerce. The course is offered with in time duration of three years. The main aim of the course is to create trained professionals who are able to handle various financial activities associated with banking and insurance sector. The course study helps the candidate to get an exposure to operational environment in Banking, Insurance and other related firms in the financial service sector. The candidate gets application-level training to handle various technologies employed in the field of Banking, and Insurance through the course study.

Advantages or benefits of Bachelor of Commerce in Banking and Insurance

By pursuing the course, the candidate gets theoretical and application knowledge in various actions associated with banking and financial sector. The professionally skilled in the area of banking and finance are highly demanded in various firms operating in the sector. The candidate can expect adequate career growth and rewarding salary packages by working in the sector. Apart from this, the candidate can go for higher education programs in the area of accounting and finance after pursuing the course.

Eligibility required for Bachelor of Commerce in Banking and Insurance

The candidates who have passed XII class are eligible to apply for the course. The qualifying exam must be passed from a reputed board with minimum 50% marks. The selection process is carried out on the basis of the marks obtained in the qualifying intermediate examination.

Admission procedure of Bachelor of Commerce in Banking and Insurance

Application details regarding the course will be published in the authorized website of the institution or University that offers the course. The notification includes the complete details regarding the course such as the available number of seats, the important dates regarding admission process, and so on. The candidate should go through the admission details first. They can collect the application form from the location mentioned in the advertisement. The candidate can submit the application through the official portal (of the concerned institution or University) or via postal method.

Colleges offering Bachelor of Commerce in Banking and Insurance

• Adarsh College Of Arts and Commerce
• Arya P.G College
• B.N.N College
• Bhadrak Autonomous College
• Chaitanya Degree and PG College
• Dnyan Ganga Degree College
• Ghanshyamdas Saraf Girls College of Arts and Commerce
• H.R. College of Commerce and Economics
• K.P.B Hinduja College of Commerce
• L.S. Raheja College of Arts and Commerce
• Lala Lajpat Rai College of Commerce and Economics
• M.L. Dahanukar College
• Maharshi Dayanand College of Arts Commerce and Science
• Nagindas Khandwala College of Commerce Arts and Management Studies
• Reena Mehta College
• SIES College of Arts Science and Commerce
• R.K. Talreja College of Arts Science and Commerce
• S.K. Somaiya College of Arts Science and Commerce
• Satyagraha College of Commerce, Management, Science and IT
• Shri Chinai College of Commerce and Economics
• Sree Narayana Guru College of Commerce
• St Andrew’s College Of Arts Science And Science
• Sydenham College of Commerce and Economics
• Thakur College of Science and Commerce

Course Curriculum of Bachelor of Commerce In Banking And Insurance

First Semester

• Environment & Management of financial services
• Principles of Management
• Effective Communication - 1
• Economics - 1 (Micro)
• Quantitative Method - (1)
• Introduction to Computer Systems

Second Semester

• Principles and Practices of Banking and Insurance
• Financial Accounting
• Effective Communication - II
• Economics - II (Macro)
• Quantitative Method - II
• Business Law

Third Semester

• Laws Governing Banking & Insurance
• Financial Management -1
• Management Accounting (Tools & Techniques, Focus on Banking & Insurance
• Customer Relationship (Management in Banking and Insurance)
• Information Technology in Banking & Insurance
• Organizational Behavior

Fourth Semester

• Universal Banking
• Financial Management- II
• Innovations in Banking and Insurance
• Corporate Law and Laws Governing Capital Markets
• Entrepreneurship Management
• Financial Market (Equity, Dept, Forest and Derivatives)

Fifth Semester

• Marketing in Banking & Insurance
• Financial Services Management
• International Banking & Finance
• Financial Reporting and Analysis (Corporate Banking & Insurance)
• Security Analysis and Portfolio Management
• Auditing

Sixth Semester

• Strategic Management (Banking & Insurance)
• Central Banking
• International Business (Banking &? Insurance)
• Human Resource Management in Banking and Insurance
• Business Ethics & Corporate Governance
• Turnaround Management
• Special Studies in Banking and Insurance (Projects)

Higher education courses after Bachelor of Commerce in Banking and Insurance

• M.B.A. (Banking and Insurance)
• M.B.A. (Banking and Finance)
• M.B.A. (Banking and Taxation)
• M.B.A. (Banking)
• M.Com (Banking and Insurance Management)
• M.Com (Bank Management)
• M.Com (Banking and Finance)
• Master in Financial Management (MFM)
• Executive Program in Applied Finance
• Chattered Accountant
• Chattered Financial Analyst
• Chattered Management Accountant
• Company Secretary

Text Books on Bachelor of Commerce in Banking and Insurance

• Financial Accounting – R.Narayanaswamy
• Statistics – Nabendu pal
• Financial Accounting - T.S. Reddy & A. Murthy
• Principles of Accountancy – Jenitra L.Merwin
• Marketing – J.Jayasankar – Margham
• Principles of Management – J, Jayasankar – Margham
• Banking theory, Law and Practice – B. Santhanam – Margham
• Banking Law and Practice – KP Kandaswamy – S.Chand
• Statistics – R.S.N.Pillai and V.Bagavathi
• Business Communication – Asha Kaul
• Business Communication – Sathya Swaroop Debasish
• Business Law – D.Chandra bose
• Banking and Insurance – Jyotsna sethi
• Economic Environment of Business – Veena Keshav Pailwar
• Company Law & Secretarial Practice – Dr.MR Srinivasan
• Business Communication – NS Raghunathan – Margham
• Management Accounting – Dalston L.Cecil & Jenitra L.Merwin
• Management Accounting – NM Singhvi
• Labour and Industrial Law s – PK Padhi
• Human Resource Management – Biswajeet pattanayak
• Services Marketing – R.Srinivasan
• E-Commerce – PT .Joseph ,S.J
• Computer Basics and C Programming – V.Rajaraman
• Digital Electronics – Dr.K.Meena
• Core Banking Solution – M.Revathy Sriram
• Management Information Systems – S. Sadagopan
• Auditing – Ravinder Kumar
• Insurance – Nalina Prava Tripathy
• Banking and Insurance – Jyotsna sethi
• Financial Services – Nalina Prava Tripathy
• Tally – P. Palanivel – Margham
• Elements of Insurance – A. Murthy – Margham
• Soft Skills – Dr.K.Alex

Job and Career Opportunities after Bachelor of Commerce in Banking and Insurance

Banking and Insurance is one of the booming sectors where the candidates can find endless career opportunities with rewarding compensation packages. The candidate can apply for the position of clerical staff as well as probationary officers in public or private sector banks. The candidates can get in to the role of developmental officer in insurance companies where there main role is to improve the business. The candidate should possess good communication skills and interpersonal skills to excel in jobs related to banking and finance. In the long run, the candidates can look for ample career growth with good salary and perks.

Employment Areas

• Banks
• Budget Planning
• Business Consultancies
• Educational Institutes
• Foreign Trade
• Industrial Houses
• Inventory Control
• Investment Banking
• Marketing
• Merchant Banking
• Public Accounting Firms
• Working Capital Management
• Policy Planning
• Public Accounting Firms
• Treasury and Forex Department

Job Types

• Auditors
• Actuaries
• Book Keepers
• Budget Analysts
• Business Consultants
• Certified Public Accountant
• Chartered Management Accountant
• Chief Financial Officer
• Cost Estimators
• Entrepreneurship/Own Business
• Finance Managers
• Financial Analyst
• Human Resource Managers
• Investment Analysts
• Marketing Managers
• Personal Financial Advisor
• Stock Brokers
• Teacher/lecturer

Remuneration after Bachelor of Commerce in Banking and Insurance

The Remuneration packages offered to professionals in banking and insurance sector is comparatively high. Insurance sector jobs offer higher remuneration packages when compared to that of banking sector. The Bank employee can expect a starting salary with in the range of Rs.14, 000-18,000/month. In the insurance sector the initial level salary may fall with in Rs.17, 000-25,000/month. The candidates working in the sector can expect periodical review of salary with performance and proven expertise.