Which is better B.com( Banking insurance and financial services) or B.com(accountancy and taxation)? Which has better scope? And which one is best to prepare for groups?

Hello Aspirant,

See both the course which you have mentioned in the question are good for commercial fields, so let us discuss about both the courses in detail.

So let us start with B.Com (//B.Com) (Banking Insurance & Financial Services) or basically we can say it as B.Com (//B.Com) . in Banking management, it is an undergraduate course of 3 years duration. So if we discuss about it's scope then it has wide scope as the field (Banking) for which this course is made is the pillar of national economy. This course provide you the proper knowledge of different aspects of banking and business like Business Communication, Environmental Studies, Accountancy & Financial Management and Mathematical & Statistical Techniques with proper application based knowledge of risk-coverage, financial contracts that bind two people to certain responsibilities which are known as Policy and Policy-holder relationship. If you pursue this course and get certified in it then you will get chance to work with some national economic/banking bodies like regulatory agencies and global markets. Some top recruiters for this field are TCS, Sutherland, HCL, DELL, CTS, CITY Bank, and some others for different sectors such as Banks, investments, the insurance industry, savings and loan associations, etc. Some top institutes offering this course are like Sir Padampat Singhania University, Chandigarh University, Manav Rachna International University, University of Technology and Management, Sandip University, GD Goenka University, Apeejay Stya University, International College of Financial Planning, Jain University and so on. Nowadays average salary offered to the graduates in above course ranges from INR 5-25 LPA depending upon experience of the candidate.

Now coming to B.Com (//B.Com) (accountancy and taxation ), it is also an undergraduate course of 3 years duration. So if we discuss about it's scope then it has good scope as the field (Banking) for which this course is made is required by almost all the companies whether it is any MNC or and local or small-scale company either in government or in private sector. This course provides you the proper knowledge of different aspects of accounting and taxation like banking, accounts, taxes, and management. Roles offered for this field are Accountant, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant etc. Some top institutes offering this course are like Miranda House, Lady Shri Ram College for Women, Hindu College, St. Stephen’s College, Presidency College, Lovely Professional University and so on. Nowadays average salary offered to the graduates in above course ranges from INR 10-20 LPA depending upon experience of the candidate.

I hope this information helps you.

Good Luck!!

Hi Aspirant,

Bcom offers job profiles in placements like Banker, HR, Auditor, Tax Consultant, Financial Analyst, Business Consultant, etc  ehn you pursue accountancy and taxation.However B (//B.com) com banking insurance provide job profiles like Investment Banking, Commercial Banking, Corporate Finance, Hedge Fund Opportunities, Venture Capital Industry, Private Equity.Both are good and have huge career prospects.However Bcom Banking insurance and financial services have strong regime in terms of jobs and salaies.The salary package of this is also good.However above all go on your choice of interest.

Hope it helps!!