B.Sc. Finance is a 3-year full-time undergraduate course, minimum eligibility for which is the completion of 10+2 level, with Mathematics or Statistics. The course is divided into 6 semesters and candidates have to pass each of the semesters to complete the course.
B.Sc. Finance is a particularly new course and is offered at very few colleges in India. The top colleges that offer B.Sc. Finance course in India are: -
Admission to this course is majorly conducted via an entrance test. One of the most popular entrance tests for B.Sc. Finance is NMIMS-NPAT (National test for Programs after Twelfth). This test enables candidates to get admission in colleges mentioned above.
B.Sc. Finance is a perfect course for those who want to pursue their career in Accountancy, Financial Management, Consulting, Investment Banking or Risk Management. This course is also a perfect choice for those who want to pursue higher education in the field of Finance. With this course, students get an excellent grasp of some important concept related to the field of finance.
The average course fee for B.Sc. Finance is around INR 2.6 Lacs per annum. Candidates completing B.Sc. Finance are offered handsome jobs in all the sectors like BFSC, FMCG and Consulting. A candidates with this qualification and good skills can earn anywhere from INR 2.5 to 6 Lacs per annum.
|Examination Type||Semester System|
|Eligibility||10+2, with Mathematic/Statistics and 60% marks|
|Admission Process||Entrance Test Based (NPAT)|
|Course Fee||2,60,000 per year|
|Average Starting Salary||3 LPA|
|Top Recruiting Organizations||HDFC Bank, ICICI Lombard, Kotak Securities, KPMG India, Reliance Industries Limited, Haldiram, PepsiCo, Essar Oil|
|Job Positions||Investment Banker, Financial Analyst, Accountant, Personal Financial Advisor, Financial Planner, Investor Relations Associate, Budget Analyst, Actuary, Credit Analyst|
B.Sc. Finance is particularly designed for those candidates who have an interest in the field of finance, and for those who want to build their career in this field. This program provides an impressive degree of knowledge of concepts like Financial Markets, Corporate Finance and Financial Management.
The students are made efficient finance professionals through involvement of a multitude of subjects. B.Sc. Finance subjects include Business Accounting, Quantitative Techniques, Management Accounting, Corporate Finance, Debt Markets, Banking, Insurance, Financial Modelling, Financial Reporting & Analysis Standards, Research Methodology, Derivatives, Taxes and Wealth Management. The students are not only provided with theoretical knowledge of these subjects, but they also get to know how these subjects are actually applied in corporate world.
One major aim of B.Sc. Finance course is to make students an expert in the fields of Finance, at an age much earlier than normal. Students who want to take up courses like CFA will find it very useful and worthy. The curriculum of the course is perfectly designed to turn students into valuable professionals for the industry and markets.
|Anil Surendra Modi School of Commerce, NMIMS||Mumbai, Maharashtra||2,60,000 per annum|
|Narsee Monji Institute of Management Studies||Bangalore, Karnataka||2,60,000 per annum|
Candidates need to fulfill eligibility criteria points set up by different institutions, in order to apply for admission in this course. Here are some of the points that candidates need to fulfill, in order to apply for admission in B.Sc. Finance at ASMSOC NMIMS Mumbai and NMIMS Bangalore: -
As we have mentioned above, top institutes offering B.Sc. Finance in the country, i.e. ASMSOC NMIMS Mumbai and NMIMS Bangalore offer admission on the basis of NMIMS-NPAT (National test for Programs after twelfth). The admission is solely based on the test results.
Here is an indicative structure of admission process for B.Sc. Finance: -
As the name suggests, B.Sc. Finance course is designed to create graduated who have specialty in the field of finance. Although the major part of the course is focused solely on Finance, the course includes some subjects other than Finance too, which turns candidates into more dynamic individuals.
Here is the semester-wise break-up of curriculum and subjects in the course: -
|Semester - I||Semester – II|
|Business Accounting and Analysis||Management Accounting|
|Financial Markets and Institutions||Principles of Marketing|
|Principles of Management||IT Applications|
|Quantitative Techniques – I||Quantitative Aptitude – II|
|Corporate Communications||Corporate Finance – I|
|Semester – III||Semester – IV|
|Debt markets||Business Policy & Strategic Management|
|Financial Statement Analysis and Business Valuation||Alternate Investment Markets|
|Corporate Finance – II||Financial Modeling|
|Operations Research||Business Analytics|
|Banking & Insurance||Human Behavior at Workplace|
|Corporate & Business Law||Financial Reporting Standards & Analysis|
|Semester - V||Semester – VI|
|Research Methodology||Global Investment Performance Standards (GIPS) & Financial Reporting|
|Investment Analysis and Portfolio Management||Forex Markets and Financial Risk Management|
|Derivatives||Direct & Indirect Tax|
|Environmental Management & Corporate Governance||Financial Planning & Wealth Management|
|Project – I||Project – II|
B.Sc. Finance is a 3-year course that prepares graduates to work as Finance Professionals in leading corporations. The course has ample opportunities both in terms of higher education and jobs. In terms of jobs, the candidates can work as Financial Analyst, Associate, and Retail Banker, tax Advisor, along with many other opportunities that are available.
In terms of higher education, the candidates can choose over a number of courses after completing their B.Sc. Finance. A very popular career path chosen after this course in MBA in Finance, which can be pursued from top institutes like IIM Ahmedabad, IIM Calcutta, NMIMS Mumbai and many others. However, students can also go for professional courses like CFA, CA or CS after completing this course.
Graduates can opt for following course for their higher education after completing B.Sc. Finance: -
A person can work on following profiles after completing B.Sc. Finance: -
Apart from accountancy firms, many other types of corporate recruit finance graduates. As Finance is an important department for each company, the demand for finance graduates is huge. Here are the top recruiters of B.Sc. Finance Graduates in India: -
Related B.Sc. Finance courses:
Read about moreBachelor of Science (B.Sc.) courses
|Job Profile||Job Description||Average Starting Salary|
|Investment Banker||To help clients raise money from Capital Markets, assisting clients in mergers and acquisitions. Suggesting unique and beneficial investment opportunities to clients.||4 to 7 LPA|
|Financial Analyst||Determining Cost of Operations, Identifying Financial Status, Cost Analysis, Reconciliation and Recommending Financial Actions.||2.5 to 4.5 LPA|
|Accountant||Maintaining accounts and financial data of corporation, this may include passing journal entries, preparing financial reports, recording details and preserving documents.||2 to 3 LPA|
|Personal Financial Advisor||Helping individual clients in meeting financial needs by suggesting investment avenues and opportunities.||2.5 to 4.5 LPA|
|Financial Planner||To help business in making budgetary, investment and other financial decisions. Creating several plans that suit the needs of the investors or the company.||2.5 to 4.5 LPA|
|Investor Relations Associate||Managing relations of Banking/Financial corporations with their institutional and HNY investors. This can include arranging meeting and facilitating communication.||3 to 5 LPA|
|Budget Analyst||Developing organizational and project budgets, reviewing already prepared budgets and monitoring organizational expenses for budgetary control.||2.5 to 5 LPA|
|Actuary||Using the knowledge of statistics and finance to forecast the probability of happening or non-happening of certain events along with calculating their financial implication.||3 to 5 LPA|
|Credit Analyst||Analyzing credit data and financial information of individual or corporations seeking loan from the employer, to determine whether the loan should be sanctioned or not.||3 to 5.5 LPA|