Banking Courses Admission 2024

The clamour of a lucrative profession has switched to banking courses as a result of the advancement of technology in the banking and finance industry. Following graduation, pursuing banking courses is a common career route for those in the commerce stream. MBA in Banking and Finance, MCom Banking, and PGDM in Banking are among the banking programmes offered by business and management institutes. Students can enroll for these programmes if they received at least 60% of their graduation marks and achieved high marks on the CAT, MAT, or GD/ PI exams.

The banking industry has undergone a paradigm shift as a result of technical improvements, together with the financial sector's phenomenal growth over time. However, as more subdomains of banking develop within the industry, experts in such areas are in high demand. Universities all over the world are now providing a wide variety of Banking degrees as a result. In addition to the Diploma in Banking and Finance, there are many short-term banking courses available to pursue a career in banking after graduation.

Through Bank PO Exams, well-known banks also provide banking courses. Government banks hold the IBPS PO exam, and other banks like SBI hold their own bank exams. Graduate students with a 60% average may apply for bank PO exams; candidates are chosen based on their performance in the bank PO exams (preliminary and mains), group discussions, and personal interviews. After 3 to 6 months of training, students are offered banking jobs. The banking course syllabus includes the following banking subjects: Banking Laws, Taxes, Financial Management, and Foreign Exchange, etc.

The highlights section will entail an overview of all the cardinal deets related to the banking courses. This section will cover important information like the admission process, top colleges, list of popular banking courses, etc.

There are a gamut of banking specializations available in India and candidates often get perplexed as to which banking specialization is best for them. This section will detail a few of the best specializations in banking courses offered by several reputed institutions in India. These specializations in Banking  will not only enhance a candidate’s skills and knowledge but will provide them with varied excellent job opportunities after the course completion. Candidates can choose from any of these job oriented specializations listed below to kick start their career in the field of banking.

BBA in Banking and Finance: The BBA (Banking) degree programme focuses on teaching students about the fundamentals of management while also providing them with specific training in areas including international banking and insurance, Treasury Operations, risk management, investment banking, project & infrastructure, etc. Candidates who have passed class 12th can take admission to this course either through an entrance exam or on merit basis based on marks obtained in the qualifying exam. Eligibility criteria are institute specific so it is advisable to visit the official website of the preferred institute and check the precise eligibility requirements.

B Com in Banking and Finance: Three years are required to complete the undergraduate BCom in Banking and Finance degree programme. The topics of banking, accounting, banking law, finance law, financial risks, and financial regulations are covered in the course. It is a specialized programme that covers a wide range of topics and practicals to hone candidates’ skills in the field of banking and finance. In government colleges, the course fee typically ranges between Rs. 15,000 and Rs. 30,000 annually. The candidates who have taken this course discover employment chances in businesses such as banks, business schools, credit organizations, and consulting firms.

BSc in Banking and Finance: Undergraduate banking courses include B.Sc (Banking and Finance), or Bachelor of Science in Banking and Finance. Your grasp of the operations of financial intermediaries and institutions, as well as the composition and operation of financial markets, is the goal of the Bachelor of Science in Banking and Finance programme. Students study the pricing of financial assets as well as the rationale behind and methods of corporate asset issuance. Candidates who have completed their class 12th can take up this course either through merit-basis or via entrance examination conducted mostly at the University level.

MBA in Banking and Finance: A 2-year full-time postgraduate banking course called the MBA in Banking and Finance is provided by a number of institutions in India. The minimum requirement to enroll in this course is that the student hold a valid bachelor's degree in banking or a related field from an accredited university with a minimum cumulative GPA of 55%. A strong foundation in the banking and finance industries is provided by an MBA in banking and finance, which also aids in learning about checking accounts, saving money, exchanging currency, and giving loans and credits. Candidates who have completed their graduation (preferably BBA) from a recognized college/ university with a minimum aggregate score of 50% or above can take admission to this course either through an entrance exam or via merit basis.

MSc in Banking, Finance and Risk Management: It is a two-year degree programme that will assist you in deepening your understanding of risk management, banking, and finance, raising your abilities in accordance with rising workplace needs. Careers in banking, treasury, corporate finance, or financial services may be aided by taking this course. Trader, financial analyst, investment banker, portfolio/ fund manager, and other banking occupations are examples of typical roles. Candidates who have completed their graduation (preferably B.Sc) from a recognized college/ university with a minimum aggregate score of 50% or above can take admission to this course either through an entrance exam or via merit basis.

M Com in Banking and Finance: The M.Com (Master of Commerce) in Banking and Finance is a two-year postgraduate course in banking. It is the study of banking law and how banking, finance, and financial management were conceptualized. The minimum required score is between 45% and 50%, and prospective applicants must hold a bachelor's degree in the same subjects from the commerce stream. The candidate's performance in the bachelor's degree is a determining factor in the admission process, and some institutions may hold entrance exams. This degree is in huge demand due to it providing various excellent career opportunities along with job-oriented skills in the field of banking and finance.

Although there are different eligibility requirements for enrolling in each banking course, the list below outlines the eligibility requirements for each level of banking courses admission:

• Candidates must have finished their class 12th or the equivalent from a recognised school board with a minimum aggregate percentage of 50% or higher in order to enroll in undergraduate banking courses.
• Candidates must have graduated or have earned an equivalent degree from a recognised institution with a minimum overall score of 55% to 60% in order to enroll in post graduate banking courses.
• Candidates for certificate banking courses must have earned their class 12th grade diploma or its equivalent from an accredited school board.
• Candidates for banking diploma and postgraduate diploma programmes must have at least finished their undergraduate degree from an Indian university with an overall average of at least 50%.
• Students must pass bank PO examinations or bank exams given by private/public banks in order to enroll in banking courses provided by the government or commercial banks.
• If a student has an excellent aggregate percentage, the minimum qualifying GMAT/ SAT/ GRE, the minimum qualifying IELTS/ TOEFL, the statement of purpose, and the Letter Of Recommendation, they may also apply to bank courses overseas.

Note: Candidates must know that various universities/ colleges may have distinct eligibility criteria for aggregate percentages. Before applying to any of the institute's banking courses, candidates should carefully review the institute's official website for precise eligibility criteria that may exist.

To accept applicants to graduate banking courses, postgraduate banking courses, diploma banking courses, and postgraduate diploma banking courses across numerous specializations in banking courses, many reputable institutions and universities hold entrance tests like IPU CET, SET, CAT, CUET, etc. Applicants today want to work in the banking and finance field due to the availability of excellent job options and handsome salaries.

There are also numerous bank exams administered each year for lakhs of banking aspirants depending on the amount of unfilled positions in various private and public sector banks. Because there are only hundreds or thousands of bank positions, it is difficult for banking aspirants to make it to the final list of chosen candidates. The number of applicants for available positions and candidates taking the various bank tests both have an impact on how challenging the bank exams are.

Indian governmental agencies organize banking exams to fill available vacancies as bankers in various banks. The State Bank of India (SBI) and the Institute of Banking Personnel Selection (IBPS), which conduct a variety of bank exams in India, are the recruitment organizations for bank exams in the country.  The following is a list of reputed bank exams sponsored by the government for varied banking posts in India:

• IBPS PO
• IBPS SO
• IBPS Clerk
• IBPS RRB
• RBI Grade B Officer
• SBI PO
• SBI SO
• SBI Clerk
• RBI Office Assistant
• NABARD

Also Read: Bank Exam Syllabus 2023 - SBI, IBPS, RRB Bank PO & Clerk Syllabus

Banking Courses Exam Dates 

The important exam dates for various banking courses including the exam dates for eclectic bank exams conducted in India are mentioned below:

There are quite a few documents that candidates must keep in handy when applying for admission to various colleges/ universities for admission to their preferred banking courses. A few of these documents will be required to be scanned and uploaded during the application process and the rest of the documents must be submitted by candidates during the counselling process before completing the admission process. Candidates must keep these documents in original as well as a set of photocopies of each different document during the banking courses admission process. If a candidate is unable to present these documents during the application and the admission process then their candidature will be canceled and they will not be considered for admission to the banking course of their preferred college/ university.

Here is a list of general documents that will be required during the banking courses admission process:

• Class 10th Marksheet
• Class 12th Marksheet
• Graduation Mark sheets and certificates
• Government issued ID proof like Aadhar Card/ Driver’s License/ Passport
• Domicile Certificate (if applicable)
• Scanned Passport Size Photo
• Scanned Signature
• School Leaving, Transfer, Migration, and Character Certificates
• Caste Certificate (if applicable), etc.

The fee structure for eclectic banking courses offered by varied colleges/ universities/ other education platforms in India are mentioned below. There are also online free banking courses available on various edtech platforms included in the table below:

The selection to various banking courses offered by numerous institutes in India is either done through merit basis or via an entrance exam. Most institutions have the eligibility criterion that candidates must have passed class 12th/ graduation with a minimum aggregate marks of 50% or above. However, the minimum aggregate score varies from college to college. The selection criteria also changes in accordance with the level of a banking course, like, certificate banking courses does not have a minimum aggregate percentage eligibility requirement whereas graduate banking courses does require a candidate to have at least 50% aggregate marks in class 12th. The results of various banking courses entrance exams like IPU CET, CAT, CUET, etc. become the deciding factor in the selection of a candidate for a particular banking course of their choice. Based on the entrance exam result, a merit list is prepared and candidates whose name is present in the merit list are called for the counseling session after which they need to pay their admission fee to lock their seats in their preferred banking course. Candidates whose name does not appear in the merit list are out of the admission race.

The same process is applicable for merit based admission, wherein, candidates qualifying exam marks are considered for the selection process. A merit list is prepared by the concerned institute based on marks obtained in the qualifying examination, and candidates whose name appears in the merit list are eligible for admission to their chosen institute.

Talking about reputed banking recruitment exams, these exams are conducted by various government bodies to select candidates for various bank posts once they qualify the written exams along with an interview (if applicable). Quite a few bank exams are conducted at two different levels i.e preliminary examination and mains examination. Candidates need to qualify both to be considered for further rounds of the selection process.

The steps included in the general application process for various banking courses admission are as follows:

• Candidates must visit the official website of the institution of their respective choices
• Candidates must first register themselves on the official website of the institution by providing crucial details like name, email address, phone number, etc.
• Once registered, candidates must now navigate to the banking course of their choice on the official website of the selected institute and click on “Apply”/ “Apply Now”.
• Candidates must now fill out the online application form providing personal details, address details, among others.
• After filling out the online application form, candidates are required to upload a scanned copy of their passport size photograph and scan of their left thumb impression (for bank recruitment exams only)
• Once all of the above steps are completed, candidates are now required to cross check all the information provided by them on the online application form.
• After cross checking, candidates are required to submit the application form by paying the prescribed application fee. The application fee can be paid through debit card/ credit card/ net banking or any other mode of payment (as applicable).
• Once the application fee is successfully paid, candidates will receive an acknowledgement email on their registered email address.
• Candidates are advised to take a print out of the acknowledgement email along with the print out of the application fee payment receipt for future reference.

Note: Most institutions conduct the banking courses application process in an online mode, however there are institutions that conduct the application process via both online and offline mode. As far as the bank exams like IBPS PO, SBI PO, RBI, etc. are concerned, they also conduct the application process in an online mode. Candidates are advised to always check the official website of the institution to get the precise application process knowledge among other things.

In India, there are a plethora of reputed colleges/ universities offering numerous banking courses at graduate level, postgraduate level, diploma level, and postgraduate diploma level. A few of the reputed institutions providing banking courses admission to interested candidates are listed in the table below: