BBI Vs B.Com - Which is Better After Class 12?
Both the courses, BBI and B.Com teach different aspects of the Finance, Banking and Insurance sector to students. The comparison between BBI and B.Com below will help you figure out which one is the best for you.
Increased growth in the banking and insurance sector has led to the demand for courses such as Banking, Insurance and Commerce. After Class 12, students often tend to get puzzled as to what course they should take up. As the Commerce and Banking sector is developing and more jobs are being created, interested candidates should understand the difference between BBI (Bachelor of Banking and Insurance) and B.Com (Bachelor of Commerce). BBI concentrates more on the insurance aspect of banking whereas B.Com focuses more on banking and finance.
Students are often confused about whether pursuing BBI after class 12 would be better or B.Com. While there are some similarities between these two courses in terms of syllabus or course curriculum, there are also differences. But if you are struggling to find an answer to the question ‘BBI Vs B.Com - Which is Better?’, then this article is for you.
BBI Vs B.Com - Definition
Bachelor of Commerce in Banking and Insurance or BBI is a specialization of the commerce stream related to the banking and insurance sectors. BBI course comprises the study of detailed concepts related to banking, bank laws, insurance laws, accounting and risk management.
Bachelor in Commerce or B.Com is an undergraduate Commerce degree programme. The subject focuses on training students for careers in the business and management sectors. In the final year, students need to choose specialisations to find job opportunities in their field of interest.
Both courses are offered to students who are interested in Banking and Commerce for a 3-year duration. However, BBI is a specialization of the Commerce stream.
BBI Vs B.Com - An Overview
Complete insight into both BBI and B.Com is tabulated below. Read and analyse the entire table to get deep knowledge about the eligibility criteria, syllabus, duration, jobs and salaries.
Course Features | B.Com | BBI |
Full-Form | Bachelor of Commerce | Bachelor of Banking and Insurance |
Eligibility | 10+2 | 10+2 |
Course Duration | 3 Years | 3 Years |
Course Type | Degree Programme | Degree Programme |
Course Level | Undergraduate | Undergraduate |
Starting Salary | INR 2.5 LPA - INR 34 LPA | INR 3 LPA - INR 5 LPA |
Employment Opportunities | Banker, HR, Auditor, Tax Consultant, Financial Analyst, Business Consultant, etc | Investment Banking, Commercial Banking, Corporate Finance, Hedge Fund Opportunities, Venture Capital Industry, Private Equity etc. |
BBI Vs B.Com - Eligibility Criteria
Both, BBI and B.Com are undergraduate-level courses and their entry criteria do not vary much. But you can check out the comparison of educational requirements for BBI and B.Com and check your eligibility.
B.Com | BBI |
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BBI Vs B.Com - Skills Required
Specific skills are required or are preferred to study BBI and B.Com. Check out the skills needed for the BBI and B.Com courses below:
BBI | B.Com |
General awareness | Teamwork |
Quantitative aptitude | Analytical skills |
Knowledge of laws and regulations | Adaptability |
Interest in mathematics | Critical thinking skills |
Problem-solving attitude | Problem-solving skills |
Logical reasoning | Self-confidence |
Critical thinking | Organisational skills |
Leadership qualities | - |
Communicative skills | - |
BBI Vs B.Com - Syllabus
Where the BBI course provides comprehensive training to students in Banking, Insurance and other related sectors, B.Com covers all of these topics with some additional ones in an overview. Here is the syllabus comparison between BBI and B.Com.
BBI | B.Com |
Semester I | |
Environment and Management of Financial | Accounts |
Economics – I (Micro) | English |
Principles of Management | Economics |
Quantitative Methods – I | Maths/ Computer |
Effective Communication – I | Environment & Public Health |
Introduction to Computer System | Business Communication |
- | Computer Applications & IT |
- | Second Language |
Semester II | |
Principles and Practices of Banking Insurance | Accounts |
Economics – II | Maths |
Financial Accounting | Management |
Quantitative Methods – II | Economics |
Effective Communication – II | Computers |
Business Law | General Awareness I |
- | General Awareness II |
Semester III | |
Laws Governing Banking and Insurance | Income Tax Laws |
Customer Relationship Management in Banking and Insurance | Banking & Insurance |
Financial Management – I | Microeconomics I |
Information Technology in Banking and Insurance | Financial Markets & Institutions |
Management Accounting | Indian Economy |
Taxation of Financial Services | Corporate Accounting-I |
- | Business Communication |
Semester IV | |
Universal Banking | Corporate Accounting-II |
Corporate Law and Laws Governing Capital Markets | Elements of Company Law-II |
Financial Management – II | Managerial Communication |
Financial Markets | Indian Banking System & Central Banking |
Innovations in Banking & Insurance | Elements of Company Law-II |
Cost Accounting of Banking and Insurance | Marketing Management Subjects |
Semester V | |
Marketing in Banking & Insurance | Cost Accounting |
Financial Reporting and Analysis | Entrepreneurship |
Financial Services Management | Marketing Management |
Security Analysis and Portfolio Management | Banking & Financial Systems |
International Banking & Finance | Income Tax |
Auditing | - |
Semester VI | |
Strategic Management | Advance Accounting Paper-II |
Central Banking | BCom Indirect Taxes Paper-II |
International Business | Marketing Management |
Business Ethics and Corporate Governance | Contemporary Indian Economic Issues & Policies |
Human Resource Management in Banking & Insurance | Mercantile Law-II |
Special Studies in Banking and Insurance (Projects) | - |
BBI Vs B.Com - Course Fee and Popular Entrance Exams
The course fee and entrance exams are subject to change as per an institution’s discretion. But, we have mentioned below a range of course fee for BBI VS B.Com and different institute-level entrance exams you can have a look at.
Options | BBI | B.Com |
Course Fee (Annual) | INR 21,000 - INR 4 Lac | INR 4,000 - INR 2.5 Lac |
Popular Entrance Exams |
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BBI Vs B.Com - Career Prospects and Salary Package
You must know that your package after pursing any of the discussed courses depends on your skills, the organisation you are working with and your experience in the field. Hence, the highest and lowest packages may vary. But, if you wondering, ‘Does BBI course pay more salary or B.Com?’, then check out the table below.
Features | B.Com | BBI |
Job Profiles |
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Minimum Salary Package | INR 2.5 LPA | INR 3 LPA |
Maximum Salary Package | INR 32 LPA | INR 12 LPA or More |
Major Recruiters |
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BBI Vs B.Com - Top Colleges
Here is a list of top BBI Colleges Vs top B.Com Colleges in India. You can click on the college name to get more information.
BBI Vs B.Com: Which is Better?
It becomes difficult to determine which course is better after Class 12, BBI or B.Com as both have advantages and disadvantages. Those who are interested in studying Commerce might want to take up B.Com and explore different opportunities after completion of the degree. On the other hand, students who pursue a career in business management might choose to study BBI. Regardless of a degree in BBI or B.Com, candidates can pursue an MBA degree in their postgraduate studies. So, it is completely up to the students as to which course they are comfortable with and the types of jobs that they want to do.
Both the courses, BBI and B.Com teach different aspects of the Finance, Banking and Insurance sector to students. After going through the differences above, deciding must have become easier for you.
For more details, you can fill out our Common Application Form available on our website, so that our counsellors can guide you through the entire admissions process. You can also call us at 1800-572-9877 to get expert guidance.
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FAQs
Which is better BBI and B.Com?
It is completely up to the students as to which course they are comfortable with between BBI and B.Com. Those who are interested in studying Commerce might want to take up B.Com and explore different opportunities after completion of the degree. On the other hand, students who pursue a career in business management might choose to study BBI.
What is the syllabus of the BBI course?
The BBI course curriculum includes Environment and Management of Financial, Economics (Micro), Principles of Management, Quantitative Methods, Effective Communication, Introduction to Computer Systems, Principles and Practices of Banking Insurance, Business Law, Laws Governing Banking and Insurance, Customer Relationship Management in Banking and Insurance, Information Technology in Banking and Insurance, Management Accounting, Taxation of Financial Services, etc.
What are the career prospects after completing B.Com?
The B.Com graduates can work as Bankers, HRs, Auditors, Tax Consultants, Financial Analysts, Business Consultants, etc. The starting salary of a fresher is expected to be around INR 2.5 LPA which will increase to up to INR 34 LPA with experience.
What are the eligibility requirements for the B.Com students?
Students who want to pursue the B.Com course should have completed their intermediate level of education where they should have a decent aggregate percentage. The cut-off marks for B.Com in some colleges may be 45% whereas 99% in others.
What are the job prospects of the BBI graduates?
The job opportunities of the BBI students are Auditor, Banker, Financial Analyst, Business Consultant, Investment Banker, Human Resource Manager, Tax Consultant, Digital Marketing, Data Analysis, Business Intelligence Analyst, etc.
Which are the top BBI colleges in India?
The top BBI colleges in India are KPB Hinduja College of Commerce, Narsee Monjee College of Commerce and Economics, Jai Hind College, Mithibai College of Arts, Science and Commerce, K J Somaiya College of Science and Commerce, Lala Lajpat Rai College of Commerce and Economics, Andrew’s College of Arts, Science, and Commerce, Rizvi College of Arts, Science & Commerce, Sydenham College of Commerce and Economics, etc.
What subjects do students need to study in B.Com?
The subjects that B.Com students have to study are Accounts, Economics, Maths/ Computer, Environment & Public Health, Business Communication, Computer Applications & IT, Income Tax Laws, Banking & Insurance, Microeconomics, Financial Markets & Institutions, Indian Economy, Corporate Accounting-I, Business Communication, Managerial Communication, Indian Banking System & Central Banking, etc.
What are the skills needed to study BBI?
The skills required for students to study BBI are General Awareness, Quantitative aptitude, Knowledge of laws and regulations, Interest in mathematics, Problem-solving attitude, Logical reasoning, Critical thinking, Leadership qualities, Communicative skills, etc.
What are the eligibility criteria for studying BBI?
To study BBI, candidates should have qualified their Class 12 or equivalent from a recognised institution or board. Most of the institutions require you to score at least 50% marks in their 10+2 with Mathematics and English as core subjects, however, the aggregate marks might vary.
What are the differences between BBI and B.Com courses?
Bachelor of Commerce in Banking and Insurance or BBI is a specialization of the commerce stream related to the banking and insurance sectors. Bachelor in Commerce or B.Com is an undergraduate Commerce degree programme. The subject focuses on training students for careers in the business and management sectors.