In India, banking is constantly considered as one of the best employment sectors due to the good pay packages and chances of quick career growth. The increase in public and private sector banks has assisted to this consideration as the number of required recruitments are been increasing. The demand is increasing so rapidly that students from the other fields like Engineering and Sciences are also choosing the industry for the offering benefits.
B.Com. Banking is the under graduation course from commerce stream aiming the better knowledge in banking. The course enables the students to get a good idea of banking right from the classroom that they can understand the work nature better when they get recruited.
The duration of the course is three years. Usually, it is offered in regular mode for full time or for part time. The course includes the study of Accounting, Business & Corporate Laws, Banking theory, Credit Management, Income Tax, Financial Services, Mechanism of Banking, International Banking, Customer Relations Management, Treasury Management, Cost Accounting, etc. Students who wish to continue the studies in the same stream shall go for M.Com. in Banking.
Read about B.Com. Banking Course
Completing 10 + 2 with Commerce or Accounting as the optional subject from a recognized board is the minimum educational eligibility for the course B.Com.(Banking). The admission procedure varies from institution to institution. Few colleges conduct admission test or entrance test and interview and take admission as per the score in them where as few other take the admission on the basis of scored percentage in 12th.
Though the course is specialized for Banking, the students of the course get employment opportunities from several financial sectors. Though the students have to attend the recruitment test for Public sector banks, they will be given preference during the recruitment process after clearing the tests. Private Banks, Other financial related companies, Insurance companies, etc are the other employment providers.