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Bachelor of Commerce in Banking and Insurance or commonly known as BBI is a specialization of commerce related to the banking and insurance sectors. B.Com BBI course comprises the study in detailed concepts related to banking, bank laws, insurance laws, accounting and risk management. B.Com in banking and insurance is a three-year undergraduate degree that follows the semester pattern and comprises six semesters.
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While pursuing B.Com in banking and insurance, aspirants will be provided with detailed knowledge of the commerce sector, specifically related to banking and insurance. The course of banking and insurance in bachelors is well structured in a way that it provides deep training in the sector of banking and commerce. While pursuing BBI, candidates not only get theoretical and practical knowledge but, also learn the new trends in the field of banking and insurance. Candidates will be given a reality check through insights related to banking and insurance.
Also Read: Banking and Insurance Course
Students who are passionate about banking or commerce can opt for BBI in their undergraduate bachelor’s degree after completing their 10+2 or any equivalent exam. It is not mandatory that aspirants from the commerce stream can only opt for this B.Com in banking and insurance course, as applicants from the science stream can also apply for this course. By pursuing this course, aspirants can bring dynamic reforms in the field of banking and insurance.
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B.Com in Banking and Insurance (BBI): Highlights
Also Read: B.Com
Particulars | Values |
Degree Name | B.Com in Banking and Insurance |
Degree Type | Undergraduate |
Degree Duration | Three years |
Eligibility Criteria | 10+2 |
Admission process | Direct admission or based on the entrance examination |
Fees for the entire duration | Rs. 40,000 to Rs. 5,00,000 |
Average Salary | Rs 2 lakhs per annum to Rs. 6 lakhs per annum (approx.) |
Job profiles | Accountant, Asset Manager, Risk manager, Cashier, Insurance manager, Risk analyst, Auditor |
Employment area | Bank, insurance firms, finance advising firms, marketing agents |
Candidates can go through the sets of conditions that are required for getting admission in banking and insurance courses at undergraduate or bachelors degree levels.
In order to be eligible for granting admission in B.Com in banking and insurance, candidates have to be 12th qualified from any recognized board.
Candidates from Science and commerce stream can apply for the banking and insurance course for the undergraduate programme.
Aspirants are required to secure a minimum of 50 per cent aggregate marks in their 10+2 with mandatory subjects i.e. Mathematics and English as core subjects.
Candidates must note that the aforementioned eligibility criteria may vary according to institutes. As every institute has its own set of eligibility criteria for granting admission to BBI (B.Com in Banking and Insurance).
Candidates must go through the skills required or preferred for pursuing banking and insurance courses in their undergraduate.
General awareness | Knowledge of laws and regulations |
Interest in mathematics | Quantitative aptitude |
Logical reasoning | Problem-solving attitude |
Critical thinking | Leadership qualities |
Communicative skills | Quantitative ability |
Aspirants are advised to go through the list of subjects they will be taught during the BBI degree course duration.
Environment & Management of Financial Services | Financial Services Management |
Principles of Management | Organizational Behavior |
Macro Economics | Taxation of Financial Services |
Introduction to Computers | Universal Banking |
Effective Communication | Strategic Management |
Micro Economics | Corporate Law's and Law Governing Capital Markets |
Management Accounting | Entrepreneurship Management |
Quantitative Methods | Equity Debt, Forex and Derivatives |
Financial Accounting | Central Banking |
Business Law | International Business |
Laws relating to Banking and Insurance | International Banking Finance |
Financial Management | Security Analysis and Portfolio Management |
Customer Relationship Management | HRM |
IT | Business Ethics and Corporate Governance |
Auditing | Turnaround Management |
Candidates can go through the semester-wise syllabus of banking and insurance course in bachelors which they are taught during the course study duration from the table below.
Semester 1 | |
Environment and Management of Financial | Economics – I (Micro) |
Principles of Management | Quantitative Methods – I |
Effective Communication – I | Introduction to Computer System |
Semester 2 | |
Principles and Practices of Banking Insurance | Economics – II |
Financial Accounting | Quantitative Methods – II |
Effective Communication – II | Business Law |
Semester 3 | |
Laws Governing Banking and Insurance | Customer Relationship Management in Banking and Insurance |
Financial Management – I | Information Technology in Banking and Insurance |
Management Accounting | Taxation of Financial Services |
Semester 4 | |
Universal Banking | Corporate Law and Laws Governing Capital Markets |
Financial Management – II | Financial Markets |
Innovations in Banking & Insurance | Cost Accounting of Banking and Insurance |
Semester 5 | |
Marketing in Banking & Insurance | Financial Reporting and Analysis |
Financial Services Management | Security Analysis and Portfolio Management |
International Banking & Finance | Auditing |
Semester 6 | |
Strategic Management | Central Banking |
International Business | Business Ethics and Corporate Governance |
Human Resource Management in Banking & Insurance | Special Studies in Banking and Insurance (Projects) |
This undergraduate degree is offered by various private, government, deemed universities across the country. The admission to the BBI course mostly depends upon the merit cum performance basis. There are some universities or institutes across the country which hold their own entrance test and personal interview to grant admission in banking and insurance courses in their bachelor's degree. Candidates who are interested and seeking admission in B.Com degree of banking and insurance courses have to apply for admission after completing their class 12th from any recognised board.
Also Read: List of Colleges for B.Com in Banking and Insurance
As per the preferences of colleges, applicants can fill out the banking and insurance application form for their undergraduate in more than one institute by fulfilling their eligibility criteria and paying the requisite application fee. As per the candidate's performance in the entrance exam for the banking and insurance programme for the respective institutes. Candidates after fulfilling all admission requirements will be granted admission in the B.Com in banking and insurance programme of the respective institutes to which they applied for.
Aspirants are advised to go through the average fees which they have to spend to get admission in bachelor’s of commerce in banking and insurance specialisation before planning their studies. Money is the primary thing to be considered before admission, so, studies should be planned as per the monetary load that can be dealt with. The fees of the B.Com in banking and insurance vary institution-wise, from one to another.
The details of the fee structure of banking and insurance courses can be easily obtained from the college's official website which aspirants are applying for. The college fees of government colleges or institutes are relatively lower than the private ones. Candidates can go through the average banking and insurance course of UG from the table below.
Course Fee
Minimum fees | Maximum fees | ||
Private | Government | Private | Government |
Rs. 11.42 thousands | Rs. 2.86 thousands | Rs. 8.07 Lakhs | Rs.13.41 lakhs |
The fees of B.Com in banking and insurance depend upon various factors like:
Accreditation of the institute/college
The reputation of the college
Institute/college location
Infrastructure
Facilities provided
Scholarships are provided for students
India is one of the top emerging economies in the world. For the economic development of the country financial bodies like stock markets, banking, organization of insurance play a major role. This led to a wider career scope for aspirants after pursuing B.Com in banking and insurance. In India, a person with fundamental but important knowledge of banking and insurance is always in huge demand.
Aspirants who have qualified for their B.Com in banking and insurance can work in either the private or government sector related to banking and insurance field. As both sectors will be opened for B.Com aspirants. Aspirants after completing their degree can get lucrative job offers in the field related to banking and commerce.
Candidates can either opt for further studies or they can grab the opportunities after their BBI. There are various opportunities available for BBI graduates in banks, insurance advisor firms, and government offices. The grabbing of the job roles totally depends upon the calibre, the skill sets, the passion of an aspirant towards their work. It is expected that in the coming years, we can see growth in the demands of BBI graduates. So, aspirants should develop better skills and understanding of banking and insurance while pursuing their BBI.
Some of the top job profiles are:
Accountant | Investment Analyst |
Asset Manager | Trade advisor |
Trade risk manager | |
Cashier | Stock analyst |
Insurance manager | Loan Officer |
Risk analyst | Marketing Manager |
Auditor | Marketing Agent |
Employment areas after BBI are:
Banks | Educational Institutes |
Business Schools | Credit Companies |
Insurance firms | Savings and Loan Associations |
Trade consultancy firms | Indian Civil Services |
Investment advisory firms | Aviation Industry |
With globalisation and development in the economic sector of India, bankers and insurance agents are in huge demand. Candidates after opting for banking and insurance in their graduate can earn a handsome salary, depending upon their calibre, and work experiences. The salaries of the BBI graduates also depend upon the job position, institutes in which one has pursued his or her degree, and location of the job.
The average starting pay scale after successful completion of B.Com in banking and insurance may vary around Rs. three lakhs to five lakhs based on their work and performance. After spending some time and gaining experience in the field of banking and insurance, candidates can earn well in various big MNCs. Candidates can go through the below-mentioned role of jobs along with the average starting salary for these lucrative jobs after pursuing a B.Com in banking and insurance.
Average salary offered after B.Com in Banking and Insurance (BBI)
Job profile | Average salary offered (annually) |
Accountant | Rs. 3 lakhs - Rs. 6 lakhs |
Professor | Rs. 3 lakhs - Rs. 6.5 lakhs |
Auditor | Rs. 4 lakhs - Rs. 7 lakhs |
Investment banker | Rs. 4 lakhs - Rs. 10 lakhs |
Trade risk manager | Rs 3 lakhs - Rs. 8 lakhs |
Loan manager/officer | Rs 4 lakhs - Rs. 8 lakhs |
Insurance manager | Rs. 3 lakhs - Rs. 7 lakhs |
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Frequently Asked Questions (FAQs)
Bachelor of Commerce in Banking & Insurance or commonly known as BBI is a specialization of commerce regarding banking and insurance.
B.Com in Banking and Insurance is basically of 3 years degree duration. As this degree follows the semester exam type, it comprises six semesters.
Candidates must go through the skills required or preferred for pursuing banking and insurance courses in their undergraduate.
General awareness
Interest in mathematics
Logical reasoning
Critical thinking
Communicative skills
Persuasive capacity
Knowledge of laws and regulations
Quantitative aptitude
Problem solving attitude
Leadership qualities
Numeracy skills
The average starting pay scale after successful completion of B.Com in banking and insurance may vary around INR 3 lakhs to 5 lakhs based on their work and performance. After spending some time and gaining experience in the field of banking and insurance, candidates can earn well in various big MNCs.
On Question asked by student community
Hello,
If you don’t have Maths in Class 11, you can still apply for BCom (Hons) at SRCC . Maths is not compulsory for this course.
However, you should focus on scoring well in Class 12 and the CUET exam , as admission is mainly based on these.
So, you don’t need to worry about Maths for BCom (Hons) at SRCC.
Hope it helps !
If you want to do srcc bcom you need maths and business maths in the class 12 then only you can apply for this you have to take cuet UG exam if you need any other information look at their official website for more information and their updates apply via du csas portal
Hi dear candidate,
It depends on which college you take admission at because the government colleges have much lower fees compared to the private ones.
The annual fees at government college is in the range of INR 12,000 to INR 40,000 for BCom.
The annual fees at private college is around INR 75,000 to INR 1,00,000 for BCom.
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Yes, after completing B.Com you can take admission in B.Ed, and many students from the commerce stream do this (on average around 20–30% depending on the university). In B.Ed Commerce, the syllabus focuses on pedagogy and teaching methods of subjects like Accountancy, Business Studies, Economics, and Commerce. Core papers include Philosophy & Sociology of Education, Learner Psychology, Curriculum & Pedagogy, Inclusive Education, Educational Technology, Assessment & Evaluation etc. The second year usually has a compulsory school internship/practice teaching where you teach in real classrooms.
Hey Tanuj:)
No worries,If you failed in class 10th and got an E grade but passed over all, it doesn't stop you from applying for B.com at DU through CUET.
CUET eligbility is based only on class 12th,not class 10th marks.So, focus on doing well in class 12th and choose your CUET subjects wisely.
For most government and private jobs,after 12th or graduation, only need you to pass class 12 and hold a degree.
So, you're fully eligible for CUET,DU B.com and most jobs.
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