Banking Course - Eligibility, Salary, Top Recruiters, Scope, Subjects

What is Banking

Banking is an industry that deals with cash, credit, and other financial transactions. There are various banking courses available for the student. Students studying these courses will understand the principles of Banking transactions and the diverse services offered by banks. More than 130 colleges in India offer banking courses at various levels.

Banking is a broad domain in the field of Finance and covers topics such as the history of banking, asset handling, accounting, advances or loans, investments, and trusts. There are various job roles in the banking sector such as bank clerk, banking associate, personal banker, and loan officer.

Highlights- Banking Course

Particulars	Values
Branch Name	Banking
Degree	BBA, B.Com, B.Com ( Hons), PGDM, M.Com
Duration	UG: 3 years PG: 2 years
Eligibility	UG: 10+2 PG: Bachelor’s Degree in relevant discipline from a recognised institute
Admission Process	Entrance Examination/ Direct Admission
Top Entrance Exams	SET, CUET PG, UGAT, NPAT
Average Course Fees	Rs. 19,550 to Rs. 3 Lakhs
Career Options	Bank Clerk, Banking Associate, Personal Banker, and Loan Officer
Average Salary	Rs. 6.54 LPA
Top Recruiters	SBI, RBI, Indian Bank, Bank of India, Bank of Baroda, Canara Bank

Specialisation or Similar Ones

The banking course is a specialised and broad domain in the field of Finance consisting of many topics of study including Banking Principles, Financial Markets, Investment Banking, and Economics. There are many different specialisations offered in the field of Banking which are similar or somewhat related to the Banking field. Mentioned below are some of the specialisations in the same:

B.Com Bank Management	PGD Banking Finance
B.Voc Banking and Financial Services	Ph.D in Banking and Finance
M.Com Banking and Finance	PGDM Banking and Financial Services

Top Banking Colleges in India

Banking specialisations are offered by more than 130 colleges in India, both public and private. The admission is either based on an entrance exam or merit-based admission. Mentioned below are the top colleges offering Banking degree programmes in India.

Colleges	Fees
Ramanujan College, New Delhi	Rs. 82,500
Guru Nanak College, Chennai	-
AVVM Sri Pushpam College, Poondi	Rs. 39,000
CKSVIM Vadodara	Rs. 1.05 Lakhs
SAASC Tiruchirappalli	Rs. 76,200
SCDL Pune	Rs. 55,000
Amrita School of Arts and Sciences, Mysore	Rs. 2.09 Lakhs
Institute of Distance Education, Chennai	Rs. 19,550
Ramanujan College, New Delhi	Rs. 82,500
Anna Adarsh College for Women, Chennai	Rs. 2.10 Lakhs
Manipur Institute of Management Studies	-

Note: The fee structure provided above can be for any particular Banking (Diploma/ Degree/PGD).

Top Private Banking Colleges in India

Private Colleges are known to provide quality education and also offer state-of-the-art infrastructure facilities for student’s convenience and comfort. More than 100 good private colleges are offering Banking courses, some of them are listed in the table below:

Colleges	Fees
Ethiraj College for Women, Chennai	-
Nehru Arts and Science College, Coimbatore	-
L S Raheja College of Arts and Commerce, Mumbai	Rs. 41,900
GNA Business School, Phagwara	Rs. 3,00,000
Dombivli Shikshan Prasarak Mandal's KV Pendharkar College of Arts Science and Commerce, Dombivli	Rs. 31,930
Tata Institute of Social Sciences, School of Vocational Education, Mumbai	Rs. 96,000
AVVM Sri Pushpam College, Tamil Nadu	Rs. 39,000
Theni College of Arts and Commerce, Theni	-
Karur Velalar College of Arts and Science for Women, Karur	-
Nagindas Khandwala College, Mumbai	-

Top Government Banking Colleges in India

Government colleges are comparatively cheaper than private institutes and are well-known for providing exceptional education. Listed in the table below are the top government institutes in India that offer Banking courses:

Colleges	Fees
Institute of Distance Education, Chennai	Rs. 19,550
C M Dubey Post Graduate College, Bilaspur	-
Raha College, Nagaon	-
Manipur Institute of Management Studies	-
Ramanujan College, New Delhi	Rs. 82,500
Dakshin Kamrup College, Mirza	-
Raha College, Nagaon	-
Kamaraj College, Thoothukudi	-
Manipur Institute of Management, Manipur	-
Government Meera Girls College, Udaipur	-

Eligibility Criteria (UG & PG) of Banking

The eligibility criteria for the course vary depending on the institute. Students can check the same on the official website of the desired institute or on the programme brochure. Generally, for an undergraduate course, the candidate is required to pass their 10+2 grade with a valid score. Similarly, for a postgraduate course, they require a Bachelor’s degree in a relevant discipline.

Eligibility Criteria for UG Courses

To pursue Banking courses at the undergraduate level, candidates need to fulfill eligibility criteria. Mentioned below are the eligibility criteria for undergraduate courses in detail.

Students must complete 10+2 education or equivalent education from a recognised board.
They must also score a minimum of 50 per cent, the aggregate percent score may change depending on the institute. There may be a relaxation in aggregate scores for the candidates belonging to the reserved categories such as SC/ST/OBC.

Top Entrance Exams for UG Courses

There are entrance tests at the national and state levels conducted by different bodies for admission to undergraduate degree banking programmes. Some of the top Entrance Exams are mentioned below:

Exam Name	Level	Conducting Body	Exam Schedule
CUET	National	NTA	CUET Exam Schedule
SET	University	Symbiosis University	-
NPAT	University	NMIMS University	-
UGAT	National	AIMA	-

Eligibility Criteria for PG Courses

Candidates are advised to carefully follow the admission procedure after ensuring that they meet the eligibility criteria for postgraduate courses.

Students must have a Bachelor’s degree in a relevant discipline from a recognised institute.
They must score a minimum aggregate score of 50 per cent in the qualifying examinations.
They must also meet the entrance examination cut-off as specified by the institute to get admission to their desired course.

Top Entrance Exams for PG Courses

There is a top national-level entrance examination conducted by NTA (National Testing Agency) for admission to various master's degree programmes in Banking. The score of the CUET-PG entrance examination is accepted by 47 central universities in India. The details are as follows:

Exam Name	Level	Conducting Body	Exam Schedule
CUET PG	National	NTA	CUET PG Exam Schedule

Scope of Banking in India and Abroad

In India, the banking sector is experiencing significant growth due to economic development and increased financial literacy. The introduction of digital banking and financial inclusion policies has further expanded the scope of banking. Moreover, the demand for professionals in specialised areas like risk management and investment banking is on the rise.

Internationally, the banking industry offers diverse opportunities. With the advent of FinTech and digital transformations, the demand for skilled banking professionals is increasing. Countries with strong financial hubs like the USA, UK, and Singapore provide ample opportunities for career growth in banking. The scope for international banking professionals is vast and promising.

Course Fees Banking

	Minimum Fees		Maximum Fees
	Private	Government	Private	Government
UG	13.87 K B.Com in Banking at Sir KP College of Commerce, Surat	19.55 K B.Com in Banking at Institute of Distance Education, University of Madras, Chennai	6.75 Lakhs B.Com(Hons) in Banking at Jain Deemed to be University, Bangalore	84.00 K B.Voc. in Banking at Ramanujan College, New Delhi
PG	9.30 K B.Com in Banking at Christ College, Irinjalakuda	4.27 K M.Com in Banking at Shivaji University, Kolhapur	11.50 Lakhs P.G.D.M in Banking at Asia-Pacific Institute of Management, New Delhi	1.54 Lakhs MBA in Banking at Pondicherry University, Puducherry
DOCTORAL	1.91 Lakhs Ph.D in Banking at Usha Martin University, Ranchi	--- Data not available	1.91 Lakhs Ph.D in Banking at Usha Martin University, Ranchi	--- Data not available
DIPLOMA	5.48 K Diploma in Banking at Mula Education Societys Arts Commerce and Science College, Sonai	--- Data not available	40.00 K Diploma in Banking at Swami Vivekanand University, Sagar	--- Data not available

Course Subjects

The course curriculum of the Banking course depends on many factors such as the type of institute, and level of education. Some of the subjects offered in the Banking course are Banking Laws, Financial Markets, Marketing of Financial Services, Commercial Bank Management, and Principles of Finance.

Banking Syllabus for UG Courses

Banking courses are offered in various degree programmes at the undergraduate level such as BBA, B.Com, and B.Voc. Some of the common subjects found in the course curriculum are Principles of Accountancy, Financial Accounting, and Banking Law. In the table below we have mentioned the syllabus of Bharathidasan University.

Semester 1
Principles of Accountancy	Indian Financial System
Business Management
Semester 2
Business Tools for Decision Making	Banking Theory Law and Practice
Business Economics	-
Semester 3
Financial Accounting	Co-Operative Banking
Business Law	Banking Practices and Indian Banking System
Semester 4
Credit Management	Services Management
Business Communication	Rural Banking or Elements of Insurance
Semester 5
Corporate Accounting	E-Banking
Computer Applications and Banks	Management Accounting
Entrepreneurial Development or International Marketing	-
Semester 6
Financial Management	Income Tax Theory Law and Practice
Financial Services	Foreign Exchange Management or Investment Banking

Banking Syllabus for PG Courses

Banking courses are also offered at the postgraduate level in various degree programmes such as M.Com and PGDM. Some of the subjects are Practical Banking, Rural Banking, Advanced Financial Accounting, Banking Law and Bank Marketing. Mentioned below is the syllabus of Madurai Kamaraj University for their M.Com Banking course:

Semester 1
Financial Markets and Services	Advanced Financial Accounting
Auditing and Assurance	Applied Cost Accounting
Banking Technology (E)	-
Semester 2
Company Law and Corporate Governance	Marketing Management
Financial Management	Entrepreneurial Development and Project Financing
Advanced Business Statistics (E)	-
Semester 3
Advanced Corporate Accounting and Reporting	Project Management
Strategic and Human Resource Management	Applied Direct Taxation and E-Filing (E)
Insurance and Risk Management (NME)
Semester 4
Research Methodology	Operations Research / Project
Applied Indirect Taxation (E)	Computerised Accounting and Office Automation
Advanced Management Accounting	-

Careers in Banking

Bank Probationary Officer (PO)

Bank Clerk

Bank Branch Manager

Marketing Analyst

Banking as a field gives many opportunities to students, as they can pursue Banking courses like a BA in Banking. Various factors like digitisation of currency, government reforms, and more and more opening of banks and their branches have made the banking career desirable for a lot of individuals. Banking as a career gives chances to aspiring students from all subjects.

Job Profiles	Job Description
PO (Probationary Officer)	Probationary Officers are professionals of a bank who look after public relations and monitor and regulate branch activities and tasks. They address customer-related issues and grievances, approve and monitor daily branch and customer transactions, and handle loans.
Bank Clerk	Bank Clerks are professionals who deal with customers, receive and pay out money, and many other day-to-day tasks. They also serve as the primary point of contact for most bank customers, administering most basic banking transactions and answering.
Bank Manager	Bank Managers are responsible for coordinating and directing the operational functions of the bank. They oversee front-office operations, provide high levels of customer service and direct regular team meetings and training sessions. They are the charge of the local branch of the bank.
Marketing Analyst	Marketing analysts are professionals responsible for studying market conditions to assess the potential sales of products and services. Their duties include forecasting and monitoring sales trends, gathering consumer and competitor data, preparing reports for management, and utilising statistical software for data analysis.

Upcoming trends

The banking sector in India is witnessing a significant shift with the advent of new trends. The rise of digitisation and digital banking, coupled with the integration of emerging technologies like AI and API, is revolutionising the industry. Additionally, the standardisation of financial systems and the ability to capitalise on technology investments are shaping the future of banking.

Furthermore, banks are transitioning from transactional services to value-driven advisory services, re-imagining customer relationships. This introduction will explore these trends and their potential impact on the banking landscape in India. Some of the upcoming trends in the Banking industry are:

Generative AI
Open Banking
Sustainability and ESG
Cloud Technology
Cybersecurity

Certifications for Banking

Association of Certified Anti-Money Laundering Specialists

CAIIB

Certified Regulatory Compliance Manager

JAIIB

Job Profiles and Top Recruiters

Bank of Baroda

State Bank of India

There are many areas where Banking graduates can work such as Banks, Financial Institutions, Government Sectors, and Large Firms and Organisations. Students can also prepare for banking exams conducted by various banks such as the State Bank of India ( SBI), and the Reserve Bank of India ( RBI).

Average Salary

The average salary of a Banking course graduate depends on many factors such as the location of the company, type of bank, job profile applied by the candidate, and skills and experience of the candidate. Mentioned below are the salaries of some of the top career options in the field of Banking.

Job Profiles	Average Salary
Probationary Officer	Rs. 5.65 LPA
Bank Clerk	Rs. 9.34 LPA
Bank Manager	Rs. 9.2 LPA
Marketing Analyst	Rs. 11 LPA

Source: Glassdoor

Note: Salary may vary depending on various factors.

Required Skillset for Banking

Banking is a field that requires dedication and hard work, therefore, candidates need to have certain skills to do well in this field. Some skills include Logical Skills, Financial Aptitude, and Sales and Negotiation. Mentioned below are the skills required by the candidates in the field of Banking:

Good Communication Skills
Sales and Negotiation
Mathematical Skills
Logical Skills
Financial Aptitude
Analytical Thinking

Course Curriculum for Banking

The course curriculum of banking primarily focuses on imparting knowledge about the financial sector and its functioning. It includes subjects like Financial Management, Commercial Bank Management, and International Banking and Forex Management. Students learn about banking laws, operations, and practices.

In addition, the curriculum also covers areas like investment banking, risk management, and insurance. It aims to equip students with the necessary skills to understand and solve problems related to banking and financial markets. This comprehensive curriculum prepares students for a wide range of roles in the banking sector.

Popular Banking Colleges in India VIEW ALL

MSU Baroda

PGD Banking

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