B.Com Banking & Finance

BCom Finance & Banking is one of the most popular UG courses offered for a duration of three years divided into six semesters. To pursue BCom Finance & Banking, candidates must complete 10+2 with at least 50% marks in the relevant stream from a recognised board of school education.

BCom Finance & Banking course integrates both finance and banking streams and provides students with information about banking regulations, insurance, risk management, financial management, budgeting, financial investment, financial planning etc.

There are several prestigious colleges and universities that offer job ready assured programs of BCom Finance & Banking which include SAGE University, Hinduja College Mumbai, XIMR Mumbai, BIMTECH Noida, Christ University Bangalore, etc.

Diverse career opportunities are offered to BCom Finance & Banking course graduates such as Accounts Manager, Finance Manager, Credit Risks Manager, Relationship Manager, Financial Advisor, Insurance Advisor, Bank Manager etc. The average salary after BCom Finance & Banking is between INR 6-15 lakhs per annum. 

Refer to the highlights below for a comprehensive overview of the BCom Finance & Banking course.

BCom Finance & Banking course eligibility norms are provided below: 

• Candidates who have completed class 12 in a relevant stream from a recognised school with a minimum aggregate of 50% can apply for this course.
• The age limit for the course lies between 18-20 years. 
• Some of the core subjects such as English and Mathematics must have been studied by the student in 10+2. 
• Since some colleges offer BCom Finance & Banking admission through entrance exams, candidates have to qualify the required test to secure a seat. 

Also Read: Banking Courses after Graduation

Skill Set Required for B.Com Finance & Banking Course

Only completing a BCom Finance & Banking course does not make one eligible to get top job profiles. One needs to acquire certain skills in order to have a successful career and a handsome salary package. The skills required for BCom Finance & Banking course are as follows. 

• Knowledge of the banking sector
• Knowledge of sales
• Financial skills
• Analytical skills
• Eye for details
• Communication skills
• Problem solving skills
• Leadership 
• Knowledge of taxation
• Administrative management
• Ability to convince

Admission to BCom Finance & Banking course is done through merit and on the basis of entrance exams. In some institutions, students also have to appear for a personal interview or group discussion after qualifying the exam.

For BCom Finance & Banking admission through an entrance exam, candidates who meet the cutoff have to participate in the counselling process wherein they will get their documents verified and complete other fomalities. The final seat will be allocated on the basis of seat availability, reservation policy, and marks secured in the entrance test. 

In case of merit-based admission, marks secured in class 12 will be taken into consideration for shortlisting applicants. After successful completion of the counselling process, candidates will be allocated seats to their desired institutions to pursue a BCom Finance & Banking course.

B.Com Finance & Banking Entrance Exams

The entrance exams for admission to BCom Finance & Banking course are mentioned below along with details about exam date and frequency.

BCom Finance & Banking syllabus includes both core and elective subjects along with completion of internship. The individuals have to complete several credits in the duration of three years subdivided into six semesters.

The subjects taught during the BCom Finance & Banking course are as follows:

Year 1: 

Year 2:

Year 3: 

The top colleges offering specialised job ready BCom Finance & Banking course are mentioned below:

BCom Finance & Banking course is also offered by some private as well as public institutions. Candidates must be aware of cut-off, location, fees, placement statistics, eligibility criteria, application process, and selection process beforehand. Other colleges offering B.Com Finance & Banking courses are mentioned below:

BCom Finance & Banking course opens several career opportunities for candidates in various fields. The banking and finance sector is one of the most popular and ever expanding avenues which will always be one of the priority sectors both in India and abroad. Thus, the demand for professionals equipped with the proper knowledge is expected to keep increasing in this sector.

B.Com Finance & Banking Jobs

Various job roles are offered after completing a BCom Finance & Banking course. To grow in this field, candidates must develop a firm base to obtain a leadership or decision making role which can help them in getting lucrative salary packages as well. 

Some of the top BCom Finance & Banking job profiles are mentioned below:

• Business Analyst: A business analyst has the primary responsibility of processing, documenting, and interpreting business processes, products, services and software by analysing data. 
• Accounts Manager: An accounts manager is responsible for handling the entire accounts, budgeting, and all monetary activities of an organisation.
   
• Finance Manager: The sole responsibility of a finance manager is to oversee the financial health of an organisation by planning financial goals and mitigating actions against risk situations.
• Credit Risk Manager: They are responsible for evaluating potential risks and providing solutions at times of crisis. Data analysis and data monitoring are essential parts to regulate their work. 
• Bank Branch Manager: A branch manager is responsible for the overall well-being of the branch and its functions. They regulate the working of employees and fulfil the clients' demands. 
• Relationship Manager: A relationship manager is a nexus between the client and the bank services. They are responsible for delivering client satisfaction and exceptional customer service. The job role requires an ability to convince as well as an ability to provide financial advice.
• Financial Advisor: A financial advisor has the responsibility of advising clients to manage their finances well by helping them in investing and wealth management. They are also responsible for managing and providing advice to the organisation to maximize profits.
• Insurance Advisor: One of the popular and satisfactory positions is that of an insurance advisor, wherein professionals are hired to offer insurance services to clients for monetary investments and unforeseen events. 

Also Read: Advance Your Career With an MBA in Finance

Salary after B.Com Finance & Banking Course

BCom Finance & Banking graduates can easily earn between INR 6-15 lakhs per annum at mid senior and higher levels. It can be a little difficult for a fresher to get high salaries at the beginning of their career due to the tough competition and demanding jobs. However, someone with exceptional skills and certifications can easily get a good starting salary package. 

Top Recruiters for B.Com Finance & Banking 

BCom Finance & Banking course graduates are recruited by both banking and non banking financial institutions. A candidate needs to put in a lot of hard work and years of exposure in order to get placed in top companies due to the excessive competition in the field. 

Some of the top recruiters for BCom Finance & Banking are mentioned below: 

• KPMG
• Reliance Industries
• Deloitte
• Aditya Birla 
• American Express
• Capgemini
• HSBC 
• Flipkart
• BCG
• Amazon
• HDFC Bank
• PNB MetLife 
• ICICI Prudential
• Genpact
• Garter
• Ernst & Young
• Max Insurance