Bachelor of Banking & Insurance (BBI) is a three-year undergraduate course divided into six semesters. It is structured in such a way that it provides training in the field of finance, banking, accounting, insurance law, insurance regulations, among others.
BBI not only covers the subjects from the banking field but also covers various subjects of commerce, and communication skills. It also helps train candidates on how to efficiently handle the technologies used in the field of banking and insurance. The main aim of the BBI course is to provide students with a deep insight into the real world of banking and insurance through theory and practical sessions.
Bachelor of Banking & Insurance is a great career choice for those who wish to pursue a career in the banking field. It not only provides you with theoretical knowledge but also helps in its practical application and to provide ample exposure to students with market reforms, new banking policies and regulations. Students are trained with the help of different presentations, projects and assignments to understand the dynamics of finance in a better way.
The following are Bachelor of Banking & Insurance Primary Highlights:-
Category |
Major Highlights |
---|---|
Name of the course |
Bachelor of Banking & Insurance (BBI) |
Level |
Undergraduate |
Time Duration |
3-Years |
Eligibility |
Passed in 10+2 |
Selection mode |
Merit Base/ Admission Test |
Course Fee |
Rs 14,000/- to Rs 5,00,000/- |
Salary |
Rs 1,20,000/- to Rs 10,00,000/- |
The minimum qualification needed to apply for Bachelor of Banking & Insurance is described below:-
Note: It is mandatory to present all necessary original documents, mark sheet, and certificates at the time of admission.
The admission to the BBI course is done on the basis of candidates scored secured in the entrance exam conducted by some Some government and private universities. In addition to the entrance exam, some colleges also follow group discussions and personal interview round for the selection of the students.
But they are also some colleges that offer direct admission based on the candidate's marks in the qualifying exam.
Here’s a list of some popular BBI Entrance Exams :
The average annual course fee of Bachelor of Banking & Insurance (BBI) in India's ranges from Rs 14,000 to 10,00,000/- depending upon the institute ranking and location.
First Year:
Principles of Management |
Micro Economics 1 |
Effective Communication 1 & 2 |
---|---|---|
Management of Financial Services |
Financial Accounting |
Macro Economics 1 |
Effective Communication 1 |
Effective Communication 2 |
Quantitative Methods 1 |
Business Law |
Principles of Banking & Insurance |
Introduction to Computer Systems |
Second Year:
Financial Management 1 & 2 |
Universal Banking |
Management Accounting |
---|---|---|
Customer Relationship |
Financial Market |
Entrepreneurship Management |
Taxation of Financial Services |
Cost Accounting, Insurance & Banking |
Financial Reporting & Analysis |
Third Year:
Central Banking |
Auditing |
International Business |
---|---|---|
International Banking |
Portfolio Management |
Business Ethics |
Banking Project |
Strategic Management |
Turnaround Management |
After successfully completing Bachelors of Banking & Insurance, candidates can go for higher studies or can start a job in banking, insurance, financing, auditing, and accounting sector as per their interests.
To further diversify their knowledge candidates can go for certifications such as CFP, CA, CS after few years of professional experience in the respective field.
An average Banking & Insurance fresher can get a salary package of Rs. 3 lakh to Rs. 4 lakh annually. However, one can start working with reputed and nationalised banks, MNCs, finance sector for better employment opportunties and salary packages.