BBA Banking and Insurance

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Jun 20, 2024 23:24PM IST

A BBA in Banking and Insurance is an undergraduate program designed to provide students with foundational knowledge and skills necessary for careers in the banking and insurance sectors. Through this course, students learn about the operational functions of banks and insurance companies, the financial markets they operate in, and the strategies they employ to manage risks and ensure financial stability. This degree program prepares graduates for various roles in these industries, including positions in bank management, insurance analysis, and financial advising.

About BBA Banking and Insurance

BBA in Banking and Insurance is a three-year undergraduate program tailored for students who aspire to build their careers in the banking, insurance, and finance sectors. This degree equips students with foundational knowledge and skills in financial management, banking operations, insurance policies, risk management, and related areas. The curriculum is designed to cover various aspects of the financial world, including corporate finance, investment banking, financial planning, insurance laws, and regulations.

Students are taught through a mix of theoretical knowledge and practical application, including case studies, internships, and project work. This approach ensures that graduates are not only well-versed in the core principles of banking and insurance but also possess the practical skills needed to navigate the challenges of the financial sector. Career opportunities for BBA in Banking and Insurance graduates are diverse. They can pursue roles in banks, insurance companies, financial consultancies, and investment firms, among others. Positions may range from financial analyst, bank manager, and insurance advisor to risk manager, and beyond, depending on the individual's interests and further qualifications they might acquire.

BBA in Banking and Insurance is a job-ready assured program ideal for individuals who have a keen interest in the financial markets, are good with numbers, possess strong analytical skills, and are looking for a lucrative career in finance with the possibility of rapid growth and advancement. If you are interested in pursuing the course, find the complete details below.

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BBA in Banking and Insurance Highlights

Check out the major highlights of the BBA in Banking and Insurance program

ParticularsDetails
Course NameBBA in Banking and Insurance
Degree LevelBachelor
Duration 
  • Full Time: 3 years 
  • Part-Timea : 3-4 years 
  • Distance Learning: 3-4 years 
  • Online: 3 years 
Exam Type Semester-based 
Minimum Qualification RequirementCandidates should have completed class 12th from a recognised board of education with a minimum of 50% or above aggregate marks + entrance exam scores
Popular Entrance Exams 
  • CUET
  • IPMAT
  • SET
  • Christ University Entrance Test 
  • NMIMS NPAT
  • AIMA UGAT
Top Job PositionsAsset Manager, Marketing and Sales Manager, Investment Banker, Financial Manager, Credit Analyst, Financial Analyst etc.
Average SalaryINR 3 LPA to INR15 LPA
Top RecruitersLife Insurance, HSBC, General Insurance Corporation, Om Kotak Mahindra, Tata AIF Life, Reliance, Birla Sun-Life
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BBA Banking and Insurance Eligibility Criteria

The minimum eligibility criteria for a three year BBA in banking and insurance program is passing the 12th examination without any backlogs. There are many colleges available for BBA in banking and insurance in the country as well as abroad. Each college has its own set of conditions that must be met by the applicant in order to get an admission call. Students may check the detailed eligibility criteria and admission requirements from the information brochure of the college. They can also visit the campus of the selected college in order to get detailed information about the admission process. It must be noted that no candidate will be admitted without satisfying the eligibility criteria.

BBA in Banking and Insurance Selection Process

Selection for the BBA in banking and insurance program will depend upon candidates scores in the qualifying scores. Candidates who have obtained scores more than the limit will be called to the campus for further admission rounds. After that, the college will conduct a group discussion and personal interview round. It is not necessary that all the colleges will conduct additional rounds for selection, some of the colleges might provide admission directly on the basis of 12th scores/ grades. Candidates may visit the college website to know further about the admission process. All selected candidates will then have to visit the college along with the required documents on the date provided to them. Finally, candidates who have successfully completed the admission round will be granted a seat. 

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BBA Banking and Insurance Syllabus

The BBA Banking and Insurance Program syllabus will vary from college to college. Applicants may check the official website to know all the subjects and topics which will be taught to them in three years. Some of the main subjects which will be covered in the programme are listed below.

Sr. No.

Subjects of Study

1

Advanced Technology in Banking (ATM, Internet Banking, etc.)

2

Counter Operations, Savings Bank, Current Account and Remittances

3

Corporate Insurance management

4

Economics for Managers

5

Financial Management

6

Housing, Vehicle, Consumer and Personal Loans, etc

7

Human Resource Management

8

Insurance Management

9

Insurance Products

10

Legal Aspects of Banking

11

Management Information Systems

12

Marketing Management

13

Merchant Banking & Financial Services

14

Organizational Behaviour

15

Principles and Practices of Banking

16

Principles and Practices of Management

17

Statistics for Management

18

Strategic Credit Management

19

Team Management

20

Treasury & Risk Management

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Top Colleges Offering Specialized Job Ready BBA in Banking and Insurance Courses

Check out the top colleges offering job-ready BBA in Banking and Insurance courses in India.

College NameAnnual FeesHow to Apply
Sage University, BhopalINR 50,000Sage University Job Ready Degree
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BBA Banking and Insurance Career Options and Job Prospects

Candidates who have completed the BBA in Insurance and Banking sector are mostly recruited at government banks. They will have to fill the application form of entrance exam conducted at the national level to get placed for any profile. Besides this, graduates from this branch may apply for a job at any government or private banks in the country. Candidates applying for banking also have to clear the common entrance exam as the competition in the sector is very high. Most of the companies from the insurance and banking sectors hire students who hold good communication and management skills. Besides this, candidates may also apply for further education through an MBA in Banking and Insurance of PGDM in Banking and Insurance. 

Candidates who are moving for a job can apply to any of the sector listed below.

  • Research Agency
  • Automobile Industry
  • Health Departments
  • Credit Companies
  • Educational Institute
  • Aviation Industry
  • Banks
  • Insurance Industry
  • Charity Associations
  • Shopping Malls
  • Credit Unions
  • Savings and Loan Associations
  • Mortgage Companies
  • Consultancy Services

Candidates may apply for any job profile provided below.

  • Administrative Officer (AO)
  • Assistant Controller
  • Credit and Risk Manager
  • Customer Service Representative
  • Asset Manager
  • Internal Auditor
  • Insurance Manager
  • Investment Analyst
  • Agent and Broker
  • Loan Counsellor
  • Loss Control Specialist
  • Investment Banker
  • Personal Financial Advisor
  • Loan Officer
  • Recovery Agent
  • Treasurer
  • Stock Analyst

There are many companies that hire candidates from BBA in Banking and Insurance. Some of the major recruiters are listed below.

  • Life Insurance
  • General Insurance Corporation (GIC)
  • HSBC
  • Om Kotak Mahindra
  • Reliance
  • Tata AIF Life
  • Birla Sun-Life,
  • ICICI Prudential
  • Life Insurance Corporation of India (LIC)
  • Life Insurance
  • HDFC Standard Life- Insurance Co.
  • Max New York Life
  • SBI, AXIS
  • Yes bank
  • ICICI bank
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FAQs about BBA Banking and Insurance

What are the top colleges offering BBA Banking and Insurance courses ?

Following are some of the top colleges offering Management courses : Management Development Institute (Gurgaon) , Jamnalal Bajaj Institute of Management Studies (Mumbai) , Vinod Gupta School of Management - IIT KGP (Kharagpur) , Narsee Monjee Institute of Management Studies (Mumbai) , Indian Institute of Management (Kozhikode). You can explore these colleges on our website to check if they offer BBA Banking and Insurance or not.

I want admission in BBA Banking and Insurance . Do I have to clear any exams for that ?

Institute of Engineering & Management Joint Entrance Examination , Jammu University Entrance Test , Lovely Professional University National Eligibility and Scholarship Test , Indraprastha University Common Entrance Test , Kalinga Institute of Industrial Technology Engineering Entrance Exam are some of the exams that you can appear for to get admission in BBA Banking and Insurance courses.

What is the average fee for the course BBA Banking and Insurance ?

The average fee for BBA Banking and Insurance is INR 1,15,000 per year.

What are the popular specializations related to BBA Banking and Insurance ?

Some of the popular specializations for B.B.A. (Bachelor of Business Administration) are : Infrastructure / Real Estate , Advertising & PR , Digital Marketing , Technology Management , Professional Accounting.

What is the duration of the course BBA Banking and Insurance ?

BBA Banking and Insurance is a 3 year course.
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Intajur Rahaman, Content Team

-Answered on Oct-30-2024

Dear Student,

No, you cannot pursue a BBA+LLB course at Millenium Group of Institutes, Bhopal this course is not offered at this institute. However, you can pursue a regular Bachelor of Business Administration course at Millenium Group of Institutes. Admission to the BBA course offered by this institute is based on the student’s merit in their 10+2 qualifying examination. You may visit the official website of the college to learn more about the admission process for BBA. The BBA annual course fees for Millenium Group of Institutes, Bhopal is not available with us right now. You may contact the admissions office of the institute directly to find out about the total and annual BBA course fees and the fee structure for the entirety of the BBA course.