B Com in Bank Management

Bachelor of Commerce in bank management is a Bachelor of Commerce degree program. B.Com in bank management is typically a three-year academic degree that deals with all the aspects of commerce and business trades. The course is intended to deliver a wide variety of management skills to candidates while also providing expertise to them in a certain area of business. Different operations such as deposits, credit distribution, global capital markets, investments, etc. are taught under B.Com Banking Management.

The banking industry has experienced rapid technological and systemic changes, and this has led to B. The main aim of the course is to develop a qualified professional who can manage various banking-related financial activities. The main subjects studied in B.Com in the bank Management course are the Management, Accounting, Economic Theory, Income, and Banking system. The course is competitive in nature and offers candidates with a wide range of professional opportunities after the completion of the course.

B.Com in Bank Management Highlights

The major highlights of B.Com Bank Management are mentioned below:-

B.Com Bank Management: Best Suited For?

• The students who are willing to go for higher-level education in both government and private institutes are a good choice after education.

• Candidates with technical expertise with a strong rational and analytical mind and the knowledge of banking can apply for B.Com in Bank Management

• Candidates with basic communication knowledge with both written and verbal, interpersonal skills, ability to deal with clients, leadership qualities, ability to use computers and related technology could apply for B.Com in Bank Management.

The minimum qualification required in order to take admission in the B.Com in Banking Management is mentioned below:-

• In order to take admission, the candidate must have passed 10+2 examination in Commerce stream with Accounts as their main subjects

• In order to secure admission, the candidates need to secure at least 50% marks any board of education

• The minimum percentage required for admission may vary from college to college.

• In various colleges, the admission will be done on the basis of candidates marks in secured in the admission test conducted by the college.

B.Com in Bank Management Admission Process

Admissions to the three-year undergraduate commerce programme in banking and management will be based on two highly popular methods of admissions, i.e. Entrance-Based or Merit-Based. Here are the different methods of offering admissions to B.Com Banking Management aspirants in India.

Entrance-Based Admissions

• Candidates will be called to sit for an entrance examination conducted by the University or equivalent competent authority. Candidates are advised to go through the admission policy of each B.Com Banking Management college in order to qualify for admission in the proper manner.

• After attempting the test, the University/College or equivalent competent authority will release merit-lists, containing the names of candidates in the order of their merit.

• Based on their ranks or scores obtained in the entrance exam, candidates will be asked to further selection process such as Personal Interview and/or Group Discussion.

• Candidates will further be shortlisted for admissions based on their overall performance in the entrance exam, personal interview and/or group discussion.

Or 

• Candidates may also be asked to appear for counselling sessions, which may require them to select the course and constituent college/institute offering the course.

• Based on the entrance exam score, the preferred choice of course and college as well as the vacancy available for the same, candidates will be shortlisted for admissions

Merit-Based Admissions

• After successful completion of the application form, candidates will be called for different selection procedures.

• Among the selection procedures, candidates may be called for a Personal Interview and/or Group Discussion.

• Based on the overall performance of the candidates in the different selection parameters such as the past academic record, personal interview and/or group discussion, the candidates will be shortlisted for admissions to the 3-year year B.Com Banking Management course.

B.Com Bank Management Course Fee

The course fee of B.Com in Bank Management can vary from Rs 14,000/- to 10,00,000/- LPA annually and in some colleges, the course for B.Com Banking Management can be even higher. Nevertheless, the course fee can vary from institution to university. In the most case, the tuition fee of the course can be reviewed in the Institute's admission brochure in which the candidates wish to enrol.

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Second Year:

Third Year:

One of the better options that have been available to aspirants who wish to work in a Banking and Finance environment has been B.Com for many years. In India, commerce aspirants can choose between a number of specialisations in B.Com, which provides them with additional qualification and training in the field.

There are several career and job opportunities for B.Com Banking and Management graduates, with numerous areas of employment, job profiles and many renowned organisations searching for skilled and qualified professionals. Here are some of the areas of employment for a B.Com Banking Management graduate in India.

• Government and Private Banks

• Stock Exchange and Investment

• Finance Organisations and Companies

• Finance and Accounting Departments in Government and Private Sectors

Mentioned above are just some of the areas of employment available to a graduate of the specialisation. Globally, aspirants will be able to find a career path in their respective fields in almost all the industries currently operational in the world.

In these industries and areas of employment, graduates will be able to pursue different job profiles for B.Com Banking Management. Listed below are few of the many profiles on offer for such qualified graduates.

• Accountant

• Investment Banking Manager/Investment Banker

• Bookkeepers

• Financial Analyst

• Auditor

• Finance and Banking Consultant

• Project Manager

• Cost Estimators

Career paths for B.Com Banking Management graduates can vary from organisation to organisation along with the nature of the job profile. All these factors along with many more contribute to the overall annual package that is offered to a graduate of the field.

In India, the annual initial salary of B.Com Banking Management graduates can vary anywhere between ?3,20,000 - ?6,40,000. Further, employees with a B.Com Banking Management degree and a few years of work experience and enhanced skills can then go on to earn anywhere between ?8,00,000 - ?13,00,000 per year. This, however, would depend on the type of job, area of employment, job profile, the organisation and other factors.

Apart from pursuing a career path immediately after graduating from the course, candidates can pursue higher education after B.Com Banking Management. At the postgraduate level, students can pursue a range of degrees such as Masters and PG Diploma courses along with many others. Some of the popular choices made by graduates in India are as follow:

• M.Com / M.Com in Banking Management

• MBA

• PGDM

• LLB

• B.Ed

Pursuing higher education in any field can help the student to widen their scope of a better career path with better annual packages. Moreover, pursuing higher education courses such as M.Com courses can help the student to also pursue Research-oriented career paths or professorship.