BCOM Banking and Finance
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.
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. 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.
BCom Banking and Finance HIghlights
Course
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Bachelor of Commerce in Banking and Finance
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Duration
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3 years
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Application Mode
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Online and Offline
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Examination Type
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Semester Based
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Placement
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Provided by Institutes
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Job Profiles
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Accountant, Broker, Cashier, Credit Risk Executive, Auditor, Equity Research Expert, Loan Officer, Market Analyst, Sales Officer, Sales Manager.
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Admission Procedure
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Merit Basis
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Eligibility
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10+2 in Commerce from a recognized board
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Top Recruiting Companies
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Mortgage Agencies, Economic Consulting Jobs, Health Departments, Business Schools, and more
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BCom Scope
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MCom, MBA
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Job Positions
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Cashier, Loan Officer, Credit Risk Experts, Auditor, Equity Research Specialist, Market Expert, Sales Officer.
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BCom Banking and Finance 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.
-The candidate must qualify the above-mentioned criteria if they wish to pursue the Bachelor of Commerce in Banking and Finance.
BCOM Bnaking and Finance 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.
BCom Banking and Finance Course Curriculum
The Syllabus of Bachelor of Commerce in Banking and Finance as prescribed by several Colleges and Universities.
Semester
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Syllabus
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Semester I
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Principles and Performs of Banking and Insurance
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Financial Accounting
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Effective Communication II
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Economics II
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Quantitative Methods II
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Business Law
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Semester II
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The environment of Financial Facilities
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Principle of Management
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Effective Communication I
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Economics I
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Quantitative Methods I
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Introduction to Computer Systems
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Semester III
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Laws Governing Banking and Insurance
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Financial Management I
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Management Accounting
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Customer Relationship
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Information Technology in Banking and Insurance
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Organizational Behavior
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Taxation of Financial Facilities
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Semester IV
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Universal Banking
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Financial Management II
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Innovations in Banking and Insurance
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Corporate Law and Governing Capital Market laws
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Entrepreneurship Management
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Financial Markets
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Cost Accounting of Banking
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Semester V
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Marketing in Banking and Insurance
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Financial Services Management
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International Banking and Finance
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Financial Reporting and Analysis
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Security Analysis and Portfolio Management
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Auditing
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Semester VI
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Strategic Management
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Central Banking
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International Business
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Human Resource Management in Banking and Insurance
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Business Ethics and Corporate Governance
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Turnaround Management
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Project Presentation of Banking and Insurance
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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
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Financial accounting
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Introduction to Computer systems
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Business Law
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Laws Governing Banking and Insurance
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Universal Banking
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Management accounting
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Entrepreneurship management
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International Banking and Finance
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Financial Reporting and Analysis
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Auditing
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Human Resource Management in Banking and Insurance
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Turnaround Management
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Business ethics and corporate governance
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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
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Description
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Sales Officer
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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.
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Auditor
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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.
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Cashier
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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.
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Equity Research Analyst
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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.
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Account Manager
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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.
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Accountant
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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.
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Stockbroker
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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.
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Conclusion
A course in Banking and Finance presents itself as one of the biggest employment opportunities in the current market. After completing a Banking and Finance online course with flying colours, professionals and students alike may get the sweet benefit of being hoisted into the successful sector with a plentiful of jobs at hand!