BBA Banking and Insurance: Course, Fees, Top Colleges, Syllabus, Career Options

The Bachelor of Business Administration in Banking and Insurance is a specialised undergraduate degree programme in the field of management. The course provides in-depth knowledge about the banking and insurance sectors. The top colleges include, DYPUSM Mumbai, SUAS Indore, VIPS Delhi, and Delhi Skill and Entrepreneurship University, New Delhi.

BBA degree in the field of Banking and Insurance offers different subjects such as Risk Management, Financial Accounting, Investment Banking, and Insurance Laws. The BBA Banking and Insurance course also provides a comprehensive understanding of Banking and Insurance sectors and students can explore career opportunities in banks, insurance companies, and financial consultancies.

To be eligible for the admissions, candidates need to complete their 10+2 education with a minimum valid aggregate score as stated by the institute for admissions. They also need to appear for relevant entrance exams such as SET, IPU CET, and CUET UG. The average fee ranges from Rs. Rs. 1.72 Lakhs to Rs. 7.80 Lakhs, depending on the institute.

Highlights- BBA Banking and Insurance

Eligibility Criteria of BBA Banking and Insurance

Aspiring candidates who wish to pursue BBA Banking and Insurance can apply for the admission process by filling the application form on the official website of the institute, it is crucial to ensure that the candidates are meeting the eligibility requirements, as this is a key factor in the selection process.

• Candidates must have completed their senior secondary (10+2) education from a recognised board or institution.

• Applicants from any stream (Humanities, Science, or Commerce) can apply for the BBA in Banking and Insurance course.

• Candidates require a minimum aggregate score of 50 per cent, it can change depending on the institute.

• There are many entrance examinations for BBA courses such as IPU CET, CUET UG, and SET. Students must appear for at least one of the entrance examinations.

BBA Banking and Insurance Admission Process

The admission process of a BBA Banking and Insurance depends on the institute, but the general admission requirements remain the same for every institute. Entrance examination plays a crucial role in the admission process by filtering out the deserving candidates, many colleges also offer direct admission based on merit-score and personal interview.

• After ensuring that the candidates meet the eligibility criteria of the course, candidates can apply for the admission by filling the application form available on the website of the preferred college.

• They must clear the entrance examinations while meeting the cut-off score. Every year colleges release a cut-off for the admission.

• They must also score a minimum aggregate score of 50 per cent in their 10+2 education, candidates can be from any stream. The aggregate score can vary from one institution to another.

Top Entrance Exams for BBA Banking and Insurance

IPU CET: Indraprastha University Common Entrance Test also known as IPU CET is an undergraduate level entrance examination conducted by GGSIPU for BBA courses. Candidates who want to pursue the BBA course at Guru Gobind Singh Indraprastha University will be chosen. This exam can be appeared by students from engineering, law, and management courses.

• IPU CET Application

• IPU CET Exam Pattern

• IPU CET Eligibility

• IPU CET Admit Card

SET: SET stands for Symbiosis Entrance Test this exam is conducted at the University level. This examination is conducted for admission to UG and Integrated courses the exam is also conducted for admission to Law, Management and economics courses. This exam is conducted online every year in various cities across India.

• SET Application

• SET Admit Card

• SET Eligibility

• SET Result

CUET UG Exam: Common University Entrance Test (CUET) is a national-level entrance exam for admission to UG courses offered by all participating institutions. The exam is administered by the National Testing Agency.

• CUET Application Form

• CUET Syllabus

• CUET Eligibility

• CUET Result

Cut-off for BBA Banking and Insurance

Applicants interested to secure their admission in the BBA Banking and Insurance programme at their chosen institute must meet the institute's cut-off. The cut-off may vary based on the exam, the difficulty level, and the number of applicants applying for admission. Hence, performing well in entrance exams is crucial to enhance the chances of admission.

Skills Required for BBA Banking and Insurance

Students interested in pursuing BBA Banking and Insurance must possess certain skills, these skills are mindset to learn and adapt, basic knowledge of Banking and Insurance Industry, and good business communication skills. Mentioned below are the necessary skills in the field of BBA Banking and Insurance.

• Mindset to Learn and Adapt to changing conditions

• Handling Customers

• Interest and Aptitude for Banking and Insurance industry

• Good Business Communication

Syllabus of BBA Banking and Insurance

The subjects of BBA Banking and Insurance includes Management Process and Organisational Behaviour, IT Applications in Business, Cost Accounting, and Marketing Management. Mentioned below is the syllabus of GGSIPU, Delhi for their BBA Banking and Insurance course.

BBA Banking and Insurance Fee Structure

The fee details of BBA Banking and Insurance can be found on the college's website or on the programme brochure. Private colleges may charge higher fees as compared to a public institute. The fee of the BBA Banking and Insurance degree programme typically ranges from Rs. 1.72 Lakhs to Rs. 7.80 Lakhs.

Scope of BBA Banking and Insurance

The BBA in Banking and Insurance bachelor’s degree programme opens a wide scope in the financial sector for the students. The students learn necessary skills to handle operations in these industries effectively. The demand for professionals in Banking and Insurance is continuously growing due to advancements in the banking and insurance sectors.

The Financial Markets continue to be complex, therefore the need for skills professionals in the Banking and Insurance sector is on the rise . Some of the career options in BBA Banking, Financial Services and Insurance ( BFIA) are Banking officer, Insurance Agent, Risk Analyst, and Financial Planner.

Career Options after BBA Banking and Insurance

There are many career options in the field of BBA Banking and Insurance, candidates can even explore careers out of India, banking and insurance sector is also well established out of India. Some of the career options in the field of BBA Banking and Insurance.are mentioned below along with the job descriptions.

Accountant: Accountants are professionals who maintain records of the details, and update the records from time to time. They make tax returns, record financial statements, talk to the clients and ask about their requirements.

Financial Advisor: Financial Advisors are professionals who provide financial advice or guidance to the clients for compensation. They use their knowledge and expertise to construct personalised financial plans that aim to achieve the financial goals of clients.

Insurance Manager: Insurance Managers are specialists who oversee the day-to-day operations of an insurance company. They commonly manage a team of employees and may also be involved in developing new products to offer to customers.

Loan Counsellor: Loan Counsellors are finance professionals who work for banks and other financial institutions. They are responsible for assisting potential clients or borrowers in finding the right loan or scheme based on their needs.

Top Recruiters:

• Bajaj Allianz Life Insurance Co.Ltd.

• HDFC Standard Life Insurance

• SBI Life Insurance

• TATA AIA Life Insurance

• Deloitte

• Reliance Jio

Benefit of Studying BBA Banking and Insurance

The benefits of studying a degree programme in the field of BBA Banking and Insurance are that the course provides in-depth knowledge and understanding of the banking and insurance industries. It also offers a wide range of career options, banking and insurance sectors are among the fastest-growing industries due to advancements in the banking and insurance sectors in recent times.

Salary of BBA Banking and Insurance

The salary varies depending on the company’s location, skills and aptitude of the candidate and the job role applied by the candidate. Mentioned below are the top career options along with their average salary. Candidates can explore many career options after BBA Banking and Insurance course some of them are:

List of Top BBA Banking and Insurance Colleges in India with Fees

Manu esteemed institutes in India, both private and public offer BBA Banking and Insurance degree programmes, candidates interested in applying for the admissions can fill the form on the official website of the institute and take part in the counselling process. Mentioned below are the top BBA Banking and Insurance Colleges in India.

List of Top Private BBA Banking and Insurance Colleges in India with Fees

Many private colleges in India offer admission to BBA Banking and Insurance degree programmes, the admission is based on candidate’s academic performance, and some colleges also consider past merit-score and may also organise personal interviews and group discussions.

List of Top Government BBA Banking and Insurance Colleges in India with Fees

Some government institutes also offer BBA Banking and Insurance courses in India, government institutes are known to provide quality education and also charge nominal fees. Mentioned in the table below are the top government institutes in India.