B.Sc Finance: Course Details, Eligibility, Fees, Admission
Duration
3 Years
Average Fees
INR 2 - 3 Lakhs
Updated on Feb 22, 2023 by Surobhi Chatterjee
Updated on Feb 22, 2023 by Surobhi Chatterjee
B.Sc Finance is a three-year full-time undergraduate program that deals with the study of Finance and economics. This course is ideal for students who wish to pursue their career in Accountancy, Financial Management, Investment Banking, Consulting, or any other finance-related field. In addition, this course offers ample job opportunities in the banking, corporate, and finance sectors.
B.Sc Finance Course Details
| Degree | Bachelors |
| Full Form | Bachelor of Science in Finance |
| Duration | 3 Years |
| Age | 17 - 25 |
| Minimum Percentage | 50% in 10+2 from any Recognized Education Board |
| Average Fees | INR 2 - 3 Lakhs |
| Average Salary | INR 3-8 LPA [Source: Payscale] |
| Employment Roles | Finance Manager, Financial Planner, Personal Financial Advisor, Investment Banker, Accountant, Financial Analyst, Bank Manager, Tax advisor, etc. |
About B.Sc Finance
The B.Sc Finance full form is Bachelor of Science in Finance is an undergraduate degree designed to give the students a specialized insight into the inner workings of national and international financial institutions. This course provides students with greater knowledge in Financial Markets, Corporate Finance, and Financial Management. According to Wikipedia, "The term finance can be defined as the management of the flows of money through an organization, whether it will be a corporation, school, or bank or government agency." The program is designed in a way that not only provides theoretical knowledge of Finance related subjects but also teaches about the practical application of these subjects in the Corporate World.
Table of Contents
- B.Sc Finance Eligibility Criteria
- B.Sc Finance Admission Process
- Popular B.Sc Finance Entrance Exams
- Top B.Sc Finance Colleges
- Fee Structure for B.Sc Finance
- Syllabus and Subjects for B.Sc Finance
- Why Choose B.Sc Finance?
- Preparation Tips for B.Sc Finance
- Scope for Higher Education After B.Sc Finance
- B.Sc Finance Salary
- Career Opportunities After B.Sc Finance
- Skills to Excel
Eligibility Criteria for B.Sc Finance
For admissions in the B.Sc Finance course, students must have passed 10+2 or any other equivalent examination from a recognized board with an aggregate of at least 60%. In addition, aspirants must have studied Mathematics or Statistics as a compulsory subject in Class 12, and their age must be below 25 years. Students must also pass the entrance exams conducted by the colleges.
How To Get Admission in B.Sc Finance?
For pursuing B.Sc in Finance, students must ensure that they fulfill the eligibility criteria. In addition, you should have sound marks in 10+2 for merit-based admission and good performance in the various entrance exams for entrance exam-based admissions. The course falls under the umbrella of the B.Sc course and henceforth has a similar admission process. Applications for admissions can be availed either from the University website or by visiting the Admissions Office of the same. Listed below are the admission process in general:
How to Apply?
B.Sc Finance course details can be found on the official website of the colleges students are interested in applying for. The admission registration can be done through both online and offline methods. Students must visit the college and fill out the application form and submit all the required documents for the offline methods. For online applications, they must visit the online admission website and fill out the application form.
Selection Process
The selection process for B.Sc Finance in India is based on the aspirants' marks in the various entrance examinations and their 10+2 academic marks. The students are notified about the results through email communication or can visit the official website of the respective college.
Read More on B.Sc Admission
Popular Entrance Exams for B.Sc Finance
Some top colleges offering B.Sc Finance India programs have an entrance exam-based admission process. With the help of the entrance exams, colleges can evaluate and screen out the students. Some of the entrance tests that are conducted include:
A Quick Glance at the B.Sc Finance Entrance Exams
Students who wish to pursue B.Sc in Finance should research and understand the entrance examination pattern and syllabus well before on time. This will help students in a good performance and in achieving success in the exams. In general, the pattern is as follows:
- Total marks in the paper are 100
- Questions are in both MCQ and Subjective formats
- The total time to attempt the questions is 3 hours or 180 minutes
- General Knowledge and Aptitude are a part of most of the exams
Top 10 B.Sc Finance Colleges in India
Some of the top colleges for BSc Finance program are provided in the table given below:
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Sl No |
Name of the College |
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1 |
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3 |
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4 |
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10 |
Fee Structure for B.Sc in Finance
The average course fee charged by various colleges offering B.Sc Finance is around INR 2-3 LPA. The B.Sc Finance fees may vary on the basis of the type of institute, infrastructure, teaching methods, and facilities available.
|
S.No |
Name of the College |
Total Fee Structure |
|
1 |
Narsee Monjee Institute of Management Studies, Indore |
INR 2.68 LPA |
|
2 |
Narsee Monjee Institute of Management Studies, Mumbai |
INR 2.84 LPA |
|
3 |
Anil Surendra Modi School of Commerce, Mumbai |
INR 3 LPA |
|
4 |
Parul University, Gujrat |
INR 90k Per Annum |
|
5 |
Amity University, Noida |
INR 2 LPA |
|
6 |
G.D. Goenka University, Gurgaon |
INR 2 LPA |
Syllabus and Subjects for B.Sc in Finance
B.Sc Finance course syllabus is designed to include both the theoretical and practical finance concepts relevant to the industry. A practical approach towards the syllabus is chosen for preparing students for the real corporate world. The course is three years long with six semesters. Listed below are few generic subjects in the course:
- Business Accounting
- Quantitative Techniques
- Management Accounting
- Corporate Finance
- Debt Markets
- Financial Modelling
Read More About B.Sc Finance Syllabus and Subjects
Why Choose B.Sc Finance?
Students often wonder about B: Sc Finance and the details of the course. Before choosing a career, students need to ask, "What is B.Sc Finance?" and "Why to choose B.Sc Finance?". To find answers to these questions, we have mentioned the following three answers:
What is B.Sc Finance All About?
B.Sc Finance is a three-year-long undergraduate course that provides students with great knowledge of Financial Markets, Corporate Finance, and Financial Management concepts. The course is well designed to make students valuable professionals for the industry and the market. On completion of the course, you can easily become a great Financial Advisor or an Accountant. While pursuing this program, students are not only provided with theoretical knowledge of Finance related subjects, but they also get to know the application of these subjects in the Corporate World.
What Does a B.Sc Finance Graduate Do?
B.Sc finance is a discipline that opens ample opportunities for graduates. Upon completing the course, students will work as Financial Analyst, Associate and Retail Banker, Tax Advisor, etc. Graduates can easily find jobs in the banking sector and private, govt. Financial institutions. Finance graduates can also opt for higher studies and capture a more strong knowledge of the related subjects. Students are offered many responsibilities and shared roles when they enter the job market.
Financial Analyst: Financial Analysts are responsible for making financial decisions in the organization. They determine the cost of operations and study the financial position of the firm and recommend actions.
Reasons Why B.Sc Finance Can Fetch You a Rewarding Career?
B.Sc Finance is a very rewarding career plan as the job opportunities in the finance field are growing. With a finance degree in hand, students can work as professionals in International financial management, Investment Services, Financial planning services, Personal financial planning for individuals and private organizations, Brokerage firms, etc. Finance careers are very rewarding from a salary standpoint also.
Salary: According to The Bureau of Labor Statistics, due to a "growing range of financial products and the need for in-depth knowledge of geographic regions," finance positions are growing faster than the average for employment in the world. As the opportunities are increasing, the salary offered to finance graduates is also increasing.
Read More About B.Sc Finance Jobs
Preparation Tips for B.Sc in Finance
Some of the important tips for students seeking admission in B.Sc Finance are:
Study the syllabus beforehand: Know the syllabus before and start learning in the areas of interests and sharpen your skills beforehand.
Enroll for Coaching Classes: Get admission in a good coaching institute, this will help in easy learning through the course
Study about the Course: Do a detailed study of the course and choose the best suitable career option
Improvise Your Skills: For grabbing the best opportunities and good performance throughout the course improve your skills and learn new subjects
Scope For Higher Education
A large number of job opportunities and career options are available for students on completion of this course. Students can opt for a job or higher education depending upon their skills and interests. Some of the higher education courses that students can opt for after completion of the B.Sc Finance program are as such:
- MBA Finance
- CA
- M.Sc Finance
Salary of a B.Sc Finance Graduate
B.Sc Finance graduates can work as Finance Professionals in many top organizations. This course offers ample opportunities to students both in terms of job and higher education. After getting a B.Sc Finance degree, students can work as a Financial Analyst, Associate and Retail Banker, Tax Advisor, etc. B.Sc Finance graduates can find jobs in both private and govt. Banks, MNC’s. The average salary for B.Sc Finance freshers is INR 3-6 LPA which would increase with the experience and skills.
Read More About B.Sc Finance Salary
Career Options After B.Sc Finance
On completion of B.Sc Finance Course students have a wide array of opportunities to choose from. From working with private banks to Govt. institutions, a lot of opportunities are available onboard. Students can get job opportunities in Investment Banks, Insurance Companies, Broking Houses, and Asset Management Companies and can also work as a Research Analyst. The curriculum of the course is so designed that it can facilitate students to take up CFA also as it covers most of Level-I and part of Level-II of CFA programme. Students can also pursue MBA or any other professional courses. Some job roles offered to graduates are:
- Financial analyst
- Financial manager
- Chartered accountant
- Financial adviser
- Actuary
Skills That Make You The Best B.Sc Finance Graduate
Finance Graduates should demonstrate good analytical ability and stellar interpersonal skills along with a good understanding of industry based softwares. Some of the top skills that would be required in B.Sc Finance graduates are:
- Interpersonal skills: For Accounting and Finance professionals these days it is mandatory to develop strong interpersonal skills for building reliable client relations.
- Ability to Communicate: Strong written and oral communication skills are important for professionals to effectively communicate in the organization.
- Problem-Solving Skills: Strong problem-solving skills can lead to a great growth in career
- Analytical Abilities: Aspirants seeking a career in Finance should develop strong analytical abilities to come up with conclusions from different problems.
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