B.Com Banking Management Jobs, Scope, Salary in India

Duration

3 Years

Average Fees

INR 50,000 - 1.5 LPA

Rahil Ahmed

Updated on Jan 4, 2023 by Rahil Ahmed

Rahil Ahmed

Updated on Jan 4, 2023 by Rahil Ahmed

B.Com Bank Management jobs are available in both the private and public sectors for fresh graduates. B.Com Bank Management's job scope is very diverse, and the education that students gain is very relevant and essential. Students can work for organizations like Wipro Technologies Ltd, Ernst & Young, J.P. Morgan Chase & Co, HDFC Bank Pvt Ltd, and more. 

Career Prospects and Job Scope for a B.Com Banking Management Graduate 

B.Com Bank management scope for fresh graduates is available in the financial services in a wide range of roles. The education that the students are exposed to makes their job roles very diverse and flexible. The aspirants will have to work on practical situations that deal with accounting, leading them to some of the lucrative and highly payable jobs in a few of the best e-commerce ventures that are mentionable job opportunities after B.Com Banking Management. The B.Com Bank Management salary in India is very rewarding and lucrative because of the high demand of the graduates of this role. Below are some of the popular job titles for B.Com Banking Management Graduates:

  • Financial Analyst
  • Finance Manager
  • Executive Assistant
  • Accountant
  • Senior Accountant
  • Senior Account Executive
  • Account Manager

Areas of Recruitment for B.Com Banking Management

B.Com in Banking Management as a course introduces students to the world of banking and financial management. The graduates are exposed to the concept of banking and investments and are taught to become independent investment bankers. The graduates can find B.Com Banking Management job opportunities in a variety of environments in:

  • University
  • Research
  • Private and public industries
  • Banks
  • Equity Firms

Salary Packages for B.Com Banking Management

B.Com Bank Management salary, according to the Payscale, is on average INR 4 - 6 LPA. The B.Com Bank Management salary per month is not fixed and can vary depending on factors such as the education level that aspirants gain, their location, and their experience. 

Industry

Average Salary

Banking

INR 5.5 LPA

Financial Services

INR 4.3 LPA

BPO

INR 3.5 LPA

Telecommunications

INR 5 LPA

IT

INR 7 LPA

Consulting

INR 7 LPA

Source: Payscale 

Private Jobs for B.Com Banking Management Graduates

B.Com in Banking Management graduates have many job opportunities in the private sector as well. The students' education in college helps them ensure that they know about all the important aspects and trends of the industry. The average starting salary for B.Com in Banking Management graduates is INR 4 - 6 LPA. The job designations include: 

 Top Private Hiring Roles

Salary

Operations Manager

INR 3.5 LPA

Business Consultant

INR 3.5 LPA

Front-end Designer

INR 3 LPA

Source: Payscale

Government Jobs for B.Com Banking Management Graduates

There are plenty of job opportunities available in the government sector for B.Com in Banking Management. Some of the top organizations that hire B.Com graduates are mentioned below with their average salary: 

Top Government Companies

Average Salary

Indian Oil Corporation Ltd. (IOCL)

INR 6-10 LPA

Bank of Baroda

INR 3 - 6 LPA

Punjab National Bank

INR 5 - 10 LPA

Reserve Bank of India

INR 8 - 10 LPA

Source: Glassdoor

Job Opportunities Abroad for B.Com Banking Management Graduates

There is no lack of job opportunities abroad for Banking and Management graduates. The financial services and sector abroad is booming due to the birth of technology and immigration. If students are interested in settling abroad, they may have to gain some higher education, but there are many opportunities for them to do so. 

Top Companies

Below is a list for the top international companies who hire B.Com Banking Management Graduates:

  • Royal Bank of Scotland
  • Barclays
  • Santander's
  • Natwest
  • IBM

Best Countries

Below are the list of top countries offering job opportunities to B.Com in Banking Management Graduates:

  • USA
  • Dubai
  • Malaysia
  • South Africa
  • Canada
  • UK

Various Career Designations Abroad for B.Com Banking Management Graduates

There are many interesting job roles that attract B.Com in Banking Management Graduates to work abroad:

  • Bookkeepers
  • Finance Managers
  • Investment Banker
  • Investment Broker
  • Certified Public Accountant
  • Chartered Management Accountant
  • Cost Estimators

Best B.Com Banking Management Graduates

Many Banking Management graduates have become famous because of the work they have done. The financial sector is a fast-growing and ever-changing industry. The introduction of new technologies and new forms of currency such as bitcoins is becoming even more dynamic and ever-changing. Many bankers have kept themselves up-to-date with the changing trends and have become famous for it. Some of the famous graduates are listed below:

  • Robert Morris
  • Charles Rothschild
  • Felix Rohantyn
  • Haym Salomon

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