A Guide to Banking Courses for Banking Aspirants

A banking course offers a student the standards rules and regulations of banking exchanges and an in-depth overview of different products and services provided by the banks. It also includes the history of banking, asset handling, methods, accounting, advances or loans, investments, and trust activities. Banking courses give a prologue to the various banking administrations, services, and monetary organizations.

Who should take a banking course?

The banking and finance Industry is the most active and important sector of the Indian Economy. Students from different streams such as Commerce, Arts, and Humanities, with a strong grip over subjects like mathematics, finance, and accounts, etc. are the perfect candidates for these courses. So if you want to pursue a career in banking, then this blog is for you!

Banking courses available in India

Indian universities and other educational platforms offer many courses. Major banking courses available in India are mentioned below:

1. Bachelor of Commerce (B.COM)
2. Bachelor of Business Administration in Finance and Banking (BBA in Finance and Banking)
3. Bachelor of Science in Finance (B.SC in Finance)
4. Master of Business Administration in Finance (MBA in Finance)
5. Master of Commerce in Banking and Finance(M.COM in Banking and Finance)

Bachelor of Commerce in Banking and Finance

A Bachelor of Commerce (B.com) is a three-year undergraduate programme. Throughout the course, the student will be exposed to the concepts of Banking, Accounting, Banking Law, Insurance Law, and Insurance Regulation and Risk. The eligibility for the course is 10+2. The average fee structure for this course in India ranges from INR 1, 00,000 to INR 1, 50,000.

Bachelor of Business Administration

A Bachelor of Business Administration in Finance and Business (BBA) is a three-year undergraduate programme. In this course, students get to learn core subjects like Financial Accounting, Business Economics, Business Mathematics, Principles of Management, etc. The eligibility for this course is 10+2. The average fee structure for this course is INR 1, 20,000.

Bachelor of Science in Finance

Bachelor of Science in Finance (B.SC) in finance is a three-year undergraduate programme. This course is for students who are interested to pursue their careers in the fields of Financial Management, Investment Banking, Risk Management, or any related field in the Finance Industry. The most common subjects offered under this program are Business Accounting, Microeconomics, Macroeconomics, Banking and Insurance, Debt Markets, and Investment Analysis. The eligibility for this course is 10+2. The average fee to pursue this course is around INR 2, 00,000 to INR 3, 00,000.

Master of Business Administration in Finance

An MBA or masters of business administration in Finance is a two-year postgraduate programme. To get admission to a renowned college one needs to crack entrance exams like CAT, MAT, XAT, SNAP and etc. with a great score. The candidate must clear their graduation with an average of 50% and qualify for the entrance exam. The fees for this course range from INR 20,000 to INR 40, 00,000.

Master of Commerce

M.COM or Masters of Commerce in Banking and Finance is a two-year postgraduate level banking course. In this programme, a candidate gets to learn about the concepts of Banking, Finance, Financial Management and Banking Law. A student must have a bachelor’s degree in Commerce with the same subjects, with a minimum score of 45% to 50%. The process of Admission is on the basis of the candidate’s performance in the bachelor’s degree. Some institutes may even conduct an entrance exam for the same.

Conclusion

You can avail many career opportunities in banking. A good banking course can help you get a  job in any bank. We have listed the best banking courses you will need for the same, above. You can choose a course that suits you and research banks that hire people with the above qualification. The key to success in any field is being updated with the availability of the courses, admission process, and placement opportunities. So, be ahead of everyone, and get your research glasses on!