Bachelor of Commerce [B.Com] (Banking and Insurance) Course Details - Admissions, Eligibility, Duration and Course Fees

About Bachelor of Commerce [B.Com] (Banking and Insurance):

• B.Com (Banking and Insurance) course is an Undergraduate Academic Degree awarded for a course or program in Commerce specialising in banking and Insurance.

• Bachelor of Commerce degree programs generally is for 3 to 4 years depending on the country.

• Generally, it is divided into 6 semesters in India. The B.Com courses list includes Marketing, Human Resource, Finance specialization as the subjects of study.

• A person seeking a Science Degree needs to study 5 subjects. There are a limited number of combinations of subjects as compared to the Arts stream.

• The program is designed and guided by competent accounting professionals to groom our students in order to fill the supply-demand gap in the field of commerce and accounting.

• The B.Com (Banking and Insurance) syllabus course also aims to prepare students towards entrepreneurship and competing for admissions into Masters’ programs & handle various financial activities associated with banking and insurance sectors.

• But in a B.Com (Banking and Insurance) degree, one can opt for various combinations depending upon the availability of choices in various Institutes.

• The job opportunities after B.Com (Banking and Insurance) course are in the areas of Banking, Industrial Houses, Business Consultancies, Public Accounting Firms, and many others.

• Colleges like Christ University, Bangalore, Stella Maris College, Chennai, St. Joseph's College of Commerce, Bangalore and various other colleges that offer B.Com degrees are among the top B.Com colleges in India.

Check: Courses After 12th Commerce

What is Bachelor of Commerce [B.Com] (Banking and Insurance)?

• Most often we wonder "What is B.Com course and what is the knowledge gained in such a course?". For starters, B.Com stands for Bachelor of Commerce.

• Usually, commerce stream students from 12th choose the B.Com (Banking and Insurance) course.

• But both science and arts stream are students fit the criteria for eligibility for B.Com (Banking and Insurance).

• Bachelor of Commerce degree programs generally last for 3 to 4 years depending on the country.

• This course offers the students enrolled, the knowledge of different aspects of Banking and Insurance, a thorough understanding of the practical application of the theory.

• Also Advanced Lessons in Environment Studies, Mathematics & Statistical Techniques and Business Economics, etc.

• Commerce students can take up CA, CWA, CSS, and other courses easily.

• Students in India pursue B.Com courses alongside a CA or CS program.

• Colleges grant students permission to manage a B.Com degree and their Chartered Accountancy at the same time which will give the students an added advantage during job placements and also gives them a bigger salary package.

Check: Courses After B.Com

Why Choose Bachelor of Commerce [B.Com] (Banking and Insurance)?

• Bachelor of Commerce is considered the second option for those who are not that good in Science and those who think that Arts Degree is of less importance compared to Commerce. So the students who are not able to make it in science stream generally opt for Commerce as per the Indian Trend.

• Bachelor of Commerce (Banking and Insurance) Degree holders have a High Employment Rate as there is no business which does not require a Banker or an Insurance Specialist to manage the financial aspects of their respective businesses.

• The course trains candidates for :

• handle several financial activities associated with the banking and insurance sectors.

• operate efficiently in Banking & Insurance in the financial service sector.

• handling various technologies employed in the field of Banking and Insurance.

• Candidates who have good communication skills, able to handle customer and situations and have knowledge loan and foreign exchange market are suitable for this course.

• Students in India pursue B.Com courses alongside a CA or CS program, which benefits as all the companies registered under the Companies Act, are required to get their accounts audited only by practising Chartered Accountants.

• Chartered Accountants can join the Government Service, Public Sector undertakings or take up a lucrative assignment in the private sector.

Top Colleges for Bachelor of Commerce [B.Com] (Banking and Insurance):

Eligibility for Bachelor of Commerce [B.Com] (Banking and Insurance):

• Candidates who have studied Commerce/Science/Art are preferred for the course with English and Math as Core Subjects.

• Have to have a minimum percentage of 50% as specified by the college.

• Commerce students passing out of 10+2 Level are more likely to be admitted.

Admission Procedure for Bachelor of Commerce [B.Com] (Banking and Insurance):

• In College’s, the admissions are merit-based or by entrance exam for admissions

• Candidates are questioned based on:

  • General Awareness

  • English Communication

  • Logical Reasoning & Critical Thinking

  • Quantitative Aptitude.

• Candidates are required to fill out admission applications of the colleges they want to join.

• After processing by various college faculty and a merit list is released.

• On meeting the requirements, candidate clears the first round of selection then they will be required to attend an interview process with originals of required documents at this stage.

• Subsequent merit lists might be released by colleges, depending on the number of seats they have. Admission to the B.com program is guaranteed after the payment of admission fee by candidates.

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