Bachelor of Commerce in Banking and Insurance is a 3-year undergraduate program focusing on the domains of Banking and Insurance. The major focus of this program is not only to provide candidates with knowledge of banking and insurance but also to provide a deep understanding of financial accounting, risk management in banking, insurance law, and practice, etc.
One needs to complete 10+2 with an aggregate of 50% marks, preferably with a background in commerce, including mathematics, to pursue BCom in Banking and Insurance. Admissions are done on a merit basis, while some universities conduct exams like CUET and IPU CET.
The course fees can vary depending on the institute. Colleges like Jai Hind College, Hinduja College of Commerce may offer the course for INR 50,000 – 65,000. On the other hand, private Universities like MS College of Arts, Science, and BMS offer the same course at a price somewhere between INR 70,000 – 1,00,000.
In terms of Job aspects, a specialization in Banking and Insurance is sure to give your career a boost. You can pursue some job profiles like Bank clerk, Bankruptcy Specialist, Senior Bank Official, Assistant Underwriter, Banking Associate, etc. The average salary for freshers can be between INR 3,50,000 – 9,00,000.
- BCom Banking and Insurance Highlights
- BCom Banking and Insurance Eligibility
- BCom Banking and Insurance Entrance Exams
- BCom Banking and Insurance Colleges in India
- BCom Banking and Insurance Admission Process 2025
- BCom Banking and Insurance Syllabus
- BCom Banking and Insurance Job Opportunities in India
- BCom Banking and Insurance Course Comparison
- BCom Banking and Insurance FAQs
BCom Banking and Insurance Highlights
Here are some of the basic details about the BCom in Banking and Insurance:
Details | Particulars |
Course Name | BCom in Banking and Insurance |
Course Level | Undergraduate |
Duration | 3 Years/ 6 Semesters |
Course Type | Full Time/Part Time |
Admission Process | Merit-Based/ Entrance-Based |
Eligibility Criteria | 10+2 with an aggregate of 50% marks |
Course Fees (Average) | INR 50,000 – 1,00,000 |
Subjects | Banking Laws, Financial Accounting, Risk Management, Defining Tax, Money & Banking, Central Banking, Universal Banking, Mathematical Finance, Auditing, Business Law, Business Mathematics |
Top Colleges | Jai Hind College, Hinduja College of Commerce, MS College of Art, Science, and BMS, Parul University, DBS Global University |
Job Profile | Bank clerk, Bankruptcy Specialist, Senior Bank Official, Assistant Underwriter, Banking Associate, Senior Banker, Personal Banking Manager, Associate Broker |
Top Recruiters | Accenture, Amazon, KPMG, EY, ICICI Bank, TCS, Reliance |
Average Salary in India | INR 3,50,000 - 9,00,000 |
BCom Banking and Insurance Eligibility
The academic requirements for admission into the BCom in Banking and Insurance course are mentioned below:
- The candidate must have completed high school examination (10+2) with an aggregate of 50%-55% marks through a recognized board.
- Preferably, the candidate should be of the commerce stream with Mathematics and Economics as their core subject.
BCom Banking and Insurance Entrance Exams
Here is the list of some of the entrance examinations that the students can appear for admission to the BCom in Banking and Insurance course:
Exams | Application Date | Exam Date | Application Fee |
CUET UG 2025 | 1st March 2025 - 22nd March 2025 | 8 May – 1 June, 2025 | INR 1000 |
DSAT 2025 | 9th November 2024 | 1st Week of April | INR 1000 |
IPU CET 2025 | 1st Feb 2025 – 31st March 2025 | 26 April – 18 May, 2025 | INR 1500 |
BHU CET 2025 | 1st March 2025 – 22nd March 2025 | 8 May – 1 June, 2025 | INR 500 |
SET 2025 | 6th December 2024 – 12th April 2025 | 5th & 11th May, 2025 | INR 2250 |
BCom Banking and Insurance Colleges in India
Listed below are some of the best colleges that offer BCom in Banking and Insurance to candidates. For more information, students can refer to the college’s official website.
Colleges | Total Course Fees |
Parul University, Vadodara | INR 1,59,000 |
DBS Global University, Uttarakhand | INR 5,01,750 |
Jai Hind College | INR 1,42,800 |
Hinduja College of Commerce | INR 1,47,500 - 1,49,500 |
MS College of Arts, Science & BMS | INR 6,40,000 - 7,20,000 |
Centurion University of Technology and Management, Bhubaneswar | INR 2,25,000 |
Stella Maris College for Women | INR 37,650 |
BCom Banking and Insurance Admission Process 2025
The admission process for the BCom Banking and Insurance program may vary depending on the college. However, listed below is the admission process for the Jai Hind College, Mumbai.
- The candidate will have to enroll themselves on the portal of the official website and then submit the duly filled application form, along with all the required documents and the application fee of INR 500.
- The applicants will have to appear for the Common Entrance Exam conducted by the College.
- The institute will release the merit list of the selected candidates, who will have to visit the institute in person and get their documents verified, and pay the admission fee to confirm their seats.
BCom Banking and Insurance Syllabus
The BCom Banking and Insurance Syllabus may vary for institutions. To give students a general idea of what they’ll be learning, we have provided a list of subjects semester-wise wise taken from the Hinduja College of Commerce.
Semester I | Semester II |
Environment and Management of Financial Services | Principles and Practices of Banking & Insurance |
Principles of Management | Business Law |
Effective Communication-I | Financial Accounting - II |
Economics Methods-I | Business Communication - II |
Quantitative Methods - I | Foundation Course - II |
Financial Accounting | Organisational Behaviour |
Foundation Course - I | Quantitative Methods-II |
Semester III | Semester IV |
Financial Management-I | Corporate and Security Law |
Management Accounting | Business Economics |
Organizational Behaviour. | Information Technology |
Information Technology in Banking & Insurance | Entrepreneurship Management |
Financial Market | Foundation Course - IV |
Direct Taxation | Cost Accounting |
Foundation Course - III | Financial Management |
Semester V | Semester VI |
International Banking & Finance | Central Banking |
Research Methodology | Project Work in Bank & Insurance |
Financial Reporting Analysis | Security Analysis & Portfolio Management |
Auditing | Auditing - II |
Strategic Management | Human Resource Management |
Financial Services Management | Turn Around Management |
BCom Banking and Insurance Job Opportunities in India
A Bachelor of Commerce in Banking and Insurance opens a wide range of job opportunities. Listed below are some of the job profiles that the candidates can pursue. The Information is taken from credible sources like Naukri, Indeed, Payscale, etc.
Job Profiles | Experience | Recruiters | Average Salary |
Bank Clerk | 0-2 Years | PVR India | INR 3,75,000 – 5,00,000 |
Bankruptcy Specialist | 2-5 Years | ThinkSynq Solutions | INR 4,50,000 – 7,00,000 |
Senior Bank Official Assistant | 3-7 Years | Yunay Consultancy Service | INR 3,00,000 – 7,50,000 |
Banking Associate | 1-6 Years | Hrquadrant | INR 2,00,000 – 4,25,000 |
Senior Banker | 12-17 Years | Deutsche Bank | INR 10,00,000 – 12,00,000 |
Personal Banking Manager | 0-4 Years | Next Business Services India | INR 2,25,000 – 4,00,000 |
Associate Broker | 1-5 Years | INCEDO | INR 2,50,000 – 4,00,000 |
Underwriter | 2-5 Years | M1xchange | INR 3,00,000 – 6,00,000 |
BCom Banking and Insurance Course Comparison
If you’re uncertain about whether to pursue BCom in Banking and Insurance or BCom Finance, this course comparison will give you a brief idea about both the courses to help you understand better your options:
Features | B.Com Finance | B.Com Banking and Insurance |
Overview | To predict the future growth of a company through analyzing the data-driven from accounting, and also analyzing the expenditure | The course emphasizes teaching the students about the domains of banking operations and insurance management. |
Specialization | The course focuses on the specializations, including Financial Management, Corporate Finance, Risk Management, Micro & Macroeconomics, etc. | The specialization of this course includes financial accounting, risk management in banking, insurance law, and practice |
Eligibility Criteria | Completed 10+2 with an aggregate of 50% marks | Completed 10+2 with an aggregate of 50% marks |
Average Course Fee | INR 10,000 - 1,00,000 | INR 50,000 – 1,50,000 |
Subjects Covered | Money & Banking, Forensic Accounting, Business Strategy, Taxation, Auditing, Business Law, Business Mathematics | Banking Laws, Financial Accounting, Risk Management, Defining Tax, Money & Banking, Central Banking, Universal Banking |
Job Profiles | Financial Analyst, Accountant, Auditor, Tax Consultant, Investment Banker, Chartered Financial Analyst, Credit Manager, Chief Financial Officer | Banking Associate, Senior Banker, Personal Banking Manager, Associate Broker |
Average Salary | INR 3,50,000 - 12,00,000 | INR 3,50,000 – 9,00,000 |
BCom Banking and Insurance FAQs
Which type of BCom is best for Banking Jobs?
BCom in Banking and Insurance is a specialization in the domains of Insurance and Banking. Generally, candidates who want to pursue Jobs in banks consider this course. The eligibility criteria for this course is completion of 12th with an aggregate of 50% marks.
Is B.Com Banking and Insurance worth it?
Yes, a B.Com in Banking and Insurance is worth it because it offers diverse career opportunities. They can pursue their career in banking, insurance, and even the finance sector with a good average salary.
What career options are available after B.Com Banking and Insurance?
There are dozens of career opportunities available after completing a BCom in Banking and Insurance. For example, students can pursue roles like Loan Officer, Insurance Underwriter, Financial Advisor, and Risk Management Professional in both private and government sectors.
Does B.Com Banking and Insurance have good job prospects?
Yes, B.Com Banking and Insurance graduates have excellent job prospects due to the growing demand for skilled professionals in the finance and insurance industries.
What are the top sectors for B.Com Banking and Insurance graduates to work in?
B.Com Banking and Insurance graduates can find opportunities in sectors like banking, insurance, finance, accounting, and government organizations. Top recruiters include public sector banks, insurance companies like LIC, and private financial institutions.
