M.Com Banking & Insurance Management

Master of Commerce in Banking & Insurance Management

M.Com Banking & Insurance Management or Master of Commerce in Banking & Insurance Management is a Post-Graduate Banking course. Banking and Insurance Management covers the study of the concepts of Banking, Accounting, Banking Law, Insurance Law, and Insurance Risk & Insurance Regulations, etc.

In other words, a Master of Commerce in Banking & Insurance Management 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 the Banking & Insurance industry. The Master of Commerce course in Banking & Insurance Management duration is two years and it is career orienting in nature that opens a lot of job scopes for them.

M.Com Banking & Insurance Management Eligibility

• Aspiring students should have passed a bachelor's degree in the Commerce stream.
• However, as an alternative criterion, many universities accept graduation degrees with Honors in Accountancy, Economics, or Business/Management Studies for admission to their M.Com (Banking & Insurance Management) degree course.
• Some of the very reputed universities and institutes demand a minimum of 45-50% marks in graduation as qualifying criteria to secure admission in this course and some also conduct entrance examinations to get admission to their M.Com (Banking & Insurance Management) degree course.
• Selection to the degree course in these colleges is based on marks secured in the final merit i.e., total marks aggregated in the final exams of graduation and the entrance exam.

M.Com Banking & Insurance Management Syllabus

Syllabus of Banking & Insurance Management course as prescribed by various Universities and Colleges.

M.Com Banking & Insurance Management Colleges

• Sri Dharmasthala Manjunatheshwara College - SDM College Ujire, Dharwad
• Efforts Institute of Management and Technology, New Delhi
• PS Institute, Pune

M.Com Banking & Insurance Management Course Suitability

• The course is suitable for those who possess 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. 
• They should also have 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. 
• It is suitable for those 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.

How is the M.Com Banking & Insurance Management Course Beneficial?

• The course is beneficial for further higher studies and research in this field such as a Ph.D. degree in Banking & Insurance. 
• On successful completion of a Master’s degree in Banking & Insurance Management, a student can apply for the UGC-NET or JRF exam; success in these exams makes teaching or research a good option. 
• Degree holders can either go for further specialization in Banking or Insurance.
• The Master's 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.

M.Com Banking & Insurance Management Employment Areas

• Automobile Industry
• Banks & Business Schools
• Credit Companies
• Educational Institutes
• Economic Consultancy
• Health Departments
• Insurance Industry
• Indian Civil Services
• Indian Economic Services
• Mortgage Companies

M.Com Banking & Insurance Management Job Types

• Asset Manager
• Agent and Broker
• Assistant Controller
• Assistant Accountant / Actuary & Accountant
• Administrative Officer / Assistant Administrative Officer
• Credit and Risk Manager
• Customer Service Representative
• Development Officer
• Equity Research Analyst
• Internal Auditor
• Insurance Manager
• Investment Banker / Investment Analyst
• Loan Officer / Loan Counsellor / Loss Control Specialist
• Market Analyst / Marketing Manager / Marketing and Sales Executive
• Personal Financial Advisor
• Risk Analyst / Recovery Agent / Securities Analyst
• Sales Officer / Sales Manager / Sales Representative