B.Com - Banking and Insurance Admission 2021 & Top Colleges

• B.Com in Banking and Insurance is the 3 years full-time academic programme consists of 6 semesters. Each academic year is equally divided into 2 semesters.
• It is the popular undergraduate course mostly opted by the commerce students. The average tuition fee charged for this course is approximately INR 2.5 lacs for the span of 3 years.
• The course includes the basic study of commerce subjects as well as concepts of banking and insurance.
• The course aims to produce the skilled professional who can efficiently work in banking and insurance sector.

The highlights of course curriculum are as follows:

•    Insurance Law and Practice
•    Business Management
•    Financial Mathematics
•    Legal Regulatory Aspects of Banking
•    Business Economics
•    Cost Accounting
•    Auditing
•    Income Tax
•    Financial Statistics
•    Management Accounting

Eligibility Criteria for B.Com in Banking and Insurance:
All those who have passed 10+2 or its equivalent examination in any stream will be eligible for taking admission into this course. The minimum passing marks required in an intermediate examination are 50% marks (45% marks for SC/ST) category candidates.

Admission Procedure for B.Com in Banking and Insurance:
•    Candidates looking for admission into this course have to firstly apply for the desired college.
•    Mostly admission into this course will be done directly of the basis of marks secured at 10+2.
•    Some institutes also conduct their own entrance test for providing admission.
Job Opportunities after B.Com in Banking and Insurance:

• Banking and Insurance is a very lucrative field which provides the great scope for growth. This course prepares the candidates to make the career in banking, insurance, accountancy and auditing.
• Excellent career opportunities exist in the automobile industry, aviation industry, credit companies, private and public banks, business schools, health departments, insurance companies, credit unions, charity associations and insurance consultants.
• Students also have the option of higher studies after completing B.Com in Banking and Insurance. Candidates can pursue M.Com or MBA in the same.
• The skilled candidates of banking and insurance are employed in job positions such as insurance manager, financial adviser, loan officer, internal auditor, administrative officer, investment analyst, customer service representative, financial advisor, stock analyst, credit and risk manager.

Top Recruiters:
The major employers of banking and insurance are as follows:
•    SBI
•    LIC
•    Axis Bank
•    HDFC Standard Life Insurance Co.
•    TATA AIF Life
•    OM Kotak Mahindra
•    ICICI Bank
Salary Offered after B.Com in Banking and Insurance:
The private sector banks and insurance companies employ the candidates in the salary ranging from INR 20,000/- to Rs 25,000/- per month. In public sector, the initial monthly salary offered to these candidates can be anywhere in between INR Rs 15,000/- to Rs 20,000/-.