The field of banking and insurance is a very vibrant one. Over the years, with liberalization and economic reforms, both the banking and the insurance sector have grown manifold. Recent years have seen the entry of many private and international banks and insurance firms in the country. The fast growing economy is an added catalyst for the growth of both these sectors. Many new firms are coming up providing a range of financial services. Both the sectors combined provide rewarding career opportunities to a good number of educated youth of the country. This is a useful course for anyone who is aspiring to make a career in finance, banking, insurance and other allied services.
Eligibility and course duration
Pass in 10+2 in the commerce stream with the subjects Economics, Accounting and Math.
Duration of this undergraduate course is 3 years and spread over 6 semesters.
More about the course
World over financial institutions like banking organizations, insurance firms and stock markets are playing an important role in economic development of countries. Most business activities are channelized through them. As such this course is a valuable one in terms of providing employment opportunities in this field. The course provides a deep understanding about the fundamentals of economics, commerce and financial accounting. Through this course you come to better understand how the banks, insurance firms and the financial markets work. Different aspects of banking and insurance are made knowledgeable through this course. You will be gaining knowledge about the principles and practices followed in the banking industry. You also learn about the laws governing the banking, insurance and other financial institutions. Tools and techniques in accounting management, customer relationship management and importance of information technology in banking and insurance are the other focus areas.
There is wide range of opportunities for commerce graduates in the field of banking and insurance. From clerical to probationary officers and managers, there is a range of jobs in this sector. Other than banking and insurance, one can enter different other areas in the financial sector. One can further their education and get into Company Secretaryship, Chartered Accountancy, Costing and Work Accounts, Stock Broking, Chartered Financial Analyst and so on. Opportunities are there in the government sector, private and with multinational banks and companies in the field of finance and banking. One can also get into portfolio managing, foreign trade or become an investment analyst.
B.Com Banking and Insurance Admissions for 2021 - 2022 Academic Year
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