B.Com. Banking & Insurance or Bachelor of Commerce in Banking & Insurance is an undergraduate Commerce course. academic as well as a professional degree which is awarded after successful completion of a three years program or course that generally covers the study of the concepts of Banking, Accounting, Banking Law, Insurance Law, and Insurance Risk & Insurance Regulations etc. In other words, B.Com. (Banking & Insurance) is a degree program in which, apart from a general course study in Commerce, the primary focus is on the systematic study of the concepts in the specialized subjects and topics related to Banking & Insurance industry. After passing the course, they have further studies options in various fields.
B.Com. Banking & Insurance Eligibility
The basic eligibility criterion for pursuing B.Com (Banking & Insurance) degree is qualifying 10+2 or equivalent examination in any stream from a recognized board of the country.
Students must have studied and passed in any one of the subjects viz, Accountancy, Business Studies, Economics or Mathematics at intermediate level. Some of the reputed universities and institutes demand a minimum of 50% marks in the above subjects at 10+2 level.
They should have basic knowledge of the industry, good communication skills both written and verbal, interpersonal skills, leadership qualities, capacity to motivate team members, ability to deal with customers, ability to use computers and related technology and an alert nature.
Applicants should also possess a mathematical aptitude, a clear logical and analytical mind, diplomacy, sincerity and sound knowledge of the banking system with up-to-date knowledge of recent developments.
Candidates who want to join foreign sector banks they need specialization in some specific areas like project analysis, credit appraisal skills, managing huge loan portfolios and foreign exchange.
Students those who want to become lecturer and willing for higher studies also are suitable for the course.
How is B.Com. Banking & Insurance Course Beneficial?
After successful completion of B.Com. (Banking & Insurance) degree course, one can either carry on further studies i.e. M.Com., M.B.A., etc or can look for a career in banking, insurance, finance, auditing, or accountancy, in both the government as well as private sector.
B.Com. (Banking & Insurance) degree holders can either go for further specialization in Banking or Insurance.
B.Com. (Banking & Insurance) degree holders are best suited for entry level jobs in a bank or insurance company.
The B.Com. (Banking & Insurance) degree course prepares students for a professional qualification in Banking & Insurance and provides a solid base in the fields of Banking & Insurance, thus making it easier to acquire a leadership / managerial role in both the Banking & Insurance sectors.
B.Com. Banking & Insurance Employment Areas
Economic Consulting Jobs
Indian Civil Services
Indian Economic Services
Research Associates with Economic Consulting Firms