All about B.Com Banking and Finance Course

Description of Commerce

The commerce stream is a quite popular choice among many students in recent years. Commerce as a stream of education can be defined as a study of trade and business activities such as the exchange of goods and services from producer to final consumer. The main subjects that are taught in the commerce stream basically relates to business techniques and trade activities.

Few lines about B.Com (Banking and Finance)

The B.Com (Banking and Finance) is a 3-years undergraduate course that is divided into 6 semesters. The course covers the basics of banking like security analysis, derivative markets, financial management, risk management. The course equips the students for dealing with a variety of financial problems in any particular sector.

The course equips the students with the basics of accountancy, banking and many other bank related techniques and ensures that the students are skilled to work in banks and financial institutions.

Eligibility for B.Com (Banking and Finance)

The students who have completed their PUC or 10+2 in commerce field with 50% aggregate from recognised board are eligible to apply for B.Com (Banking and Finance) course.

Admission Procedure

The students with relevant qualifications can join the B.Com (Banking and Finance) course by two modes. The first one is Merit based admission and the second one is direct admission.

Let’s discuss in detail

1. Merit Admission

There are many top educational institutes that conduct entrance exams for the B.Com (Banking & Finance) course. This mode is called merit admission mode. The entrance exams are conducted to select the serious and hardworking students from the group of non-serious candidates to the available limited number of seats in the colleges. The qualified students are allotted the merit seats and are given admission, the fees are fairly nominal for merit admissions.

2. Direct Admission  

The students have another option of getting admission to B.Com (Banking and Finance) course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges under management quota. The direct admission students enjoy many special privileges like they are not required to apply for any institution-based entrance exam for getting admissions. They have an option to choose their desired colleges and book their seats even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.

Course Curriculum for B.Com (Banking and Finance)

The students of B.Com (Banking and Finance) will be studying the following subjects during their course duration.

Career and Scope

Career prospects of a B.Com (Banking and Finance) are many depending on the level of expertise and inclination of practice. They are hired in profiles from cashiers to sales managers. They are basically hired in Banks and Financial Institutions.

Job Roles available for B.Com (Banking and Finance) students

Some of the important job roles available are:

• Accountant
• Banker
• Cashier
• Business Development Executive

Salary and Emoluments

The fresh B.Com (Banking and Finance) students will be earning around 4 lakhs to 6 lakhs per annum. The experienced professionals will be earning around 6 lakhs to 8 lakhs per annum.

Top Organisations hiring B.Com (Banking and Finance)

Some of the top organisations hiring B.Com (Banking and Finance) students are:

• Kotak Mahindra Bank
• ICICI Bank
• HDFC Bank
• Axis Bank
• Manappuram Finance

Final Words

The demand for B.Com (Banking & Finance) students is huge. With more and more banks coming into markets, the demand for skilled B.Com (Banking & Finance) students has increased drastically. They are also paid handsome salaries with excellent career growth opportunities.