There are various courses associated with banking and insurance provided at different levels. B.Com in Banking and Insurance (BBI) is one of those full-time degree courses. The course includes 2 projects and 38 subjects on banking and insurance of 100 Marks each. Graduates with Bachelor of Commerce in Banking and Insurance apply research skills to business challenges, create inventive answers for issues and communicate successfully.
BBI students are well aware of the functioning of the industry as they have got complete exposure while completing their compulsory internship program. Along with the conventional chalk-and-talk process, the teaching process involves debates, discussions, case studies, role play and paper presentation. It has a solid accentuation on creating analytical ability and offers a strong establishing and professional competence in all parts of commerce necessary for careers in the business and corporate areas.
Career Options
If one is interested in getting a job in the banking sector just after the completion of their graduation then one has to give the bank probationary officers examination conducted by the several banks. This exam is conducted by the banks separately.
Generally, covered topics in the examination are the following:
1. Mental ability
2. Quantitative section
3. Comprehension reading
4. Reasoning
5. Verbal section
After the written examination one would be called for the interview depending on their rank in the written examination. However, if one are interested in going really higher and have a great career in the banking sector then it’s very important to do a master of business administration course in banking as in that case one could be directly recruited in the several private banks which offer far better salary with working conditions than the public sector banks in the country. Some jobs that one can get after the completion of a master of business administration course in banking are as follows:
1. Finance officer
2. Consultants
3. Insurance managers
4. Treasurers
5. Risk manager
6. Credit and cash managers
The graduates and post-graduates get tremendous job opportunities in banking. A candidate can usually get a job with any private bank just after successful completion of a professional course in banking. As a starter, they can work as a banking sales officer. Besides this, they can get positions in mortgages, collections, insurance, personal loans, and back office operations.
Higher Studies Options
Higher education options in Banking will include many different courses from M.Com in Banking & Insurance to Post Graduate Diploma course in Insurance or a PGD course in Banking & Financial Services. After completing B.B.I., they can pursue MBA or M.Com in Banking and insurance, which is a 2-year course. Some colleges offering the master of business administration course in banking and insurance are as follows:
1. Sirifort Institute of Management Studies
2. MITCON Institute of Management
3. Indian Institute of Commerce and Trade
4. Narsee Monjee Institute of Management Studies
Conclusion
In today’s scenario, it won’t be wrong to conclude that money is the essence of life. People get easily attracted to anything related to money. Thus, in this corporate world, Banking and Insurance is in the list of priority sectors. To establish a successful career, banking is evidently one of the most prospective sectors.
