Banking Courses after graduation is a popular career path for students from the commerce stream. Business and Management colleges offer banking courses such as MBA in Banking and Finance, MCom Banking, and PGDM in Banking; students can apply for these courses if they have secured 60% marks in graduation and scored good scores in CAT, MAT, or GD/PI rounds.
Over the years, technological advancements and tremendous growth in the financial sector have resulted in a shift in the banking sector. However, as more Banking sub-domains emerge in the sector, professionals skilled in various aspects of the domain are in high demand. As a result, universities worldwide are now offering a diverse range of Banking courses. There are numerous short-term Banking Courses After Graduation available to pursue a career in banking, in addition to the Diploma in Banking and Finance.
Popular banks also offer banking courses through Bank PO Exams. Government banks conduct IBPS PO exam, and other banks, such as SBI have their own bank exams. Students with 60% marks in graduation can apply for bank PO exams; the selection process is based on qualifying scores in bank PO exams (prelims and main), group discussion, and personal interview round. Students are then trained for 3 – 6 months and are offered Banking Jobs. Banking Laws, Taxes, Financial Management, and Foreign Exchange are the Banking subjects included in the Banking Course Syllabus.
3.1 Banking Laws
3.2 Management of Financial Services
3.3 Foreign Exchange
5.1 Certificate in Banking Courses
5.2 Diploma in Banking Courses
5.3 Bachelor's Degree in Banking Courses
5.4 Banking Courses after Graduation
6.2 Yes Bank
6.3 ICICI Bank
6.4 HDFC Bank
9.1 Delhi
9.2 Mumbai
9.3 Ahmedabad
9.4 Pune
12.1 Top Recruiters
13.1 Experience-Wise
13.2 Company-Wise
All About Banking Courses
- Banking Courses are in demand nowadays due to positive growth in the banking sector.
- Banking courses are not just restricted to Diploma in Banking and giving Bank PO exams after BCom; institutions have introduced short-term and degree banking courses.
- Students from any stream (Science, Arts, Commerce) pursue banking courses after 12th or banking courses after graduation.
- Banking courses teach how banking administration functions, monetary organizations, and services.
- History of banking, Investments, Asset Management, Liabilities, and Insurance are other important banking course baking subjects.
| Top Specializations | Banking, Finance, Accounting, Economics, Chartered Accountant, Insurance |
| Popular Banking Certification | Certified Financial Planner, Chartered Mutual Fund Counselor, Certified Public Accountant, Certified Management Accountant |
| Top Banking Courses | BSE Banking & Finance, PGDM Banking & Finance, Actuarial Science, MBA in Banking and Accounting |
| Top Banking Colleges | Jamia Millia Islamia University, IIM Kozhikode, IIM Ahmedabad, GIM Goa, FMS Delhi |
| Salary of a Banker in India | INR 1 LPA – 8 LPA |
| Top Banking Jobs | SBI PO, RBI Assistant, NABARD Development Assistant, IBPS PO, SBI Clerk, RBI Grade B Officer, etc. |
| Top Banking Skills | Analytical Skills, Financial Reporting, Data Management, Business Intelligence, Financial Modeling, Accounting Skills |
Check: How to Become a Banker?
Banking Courses Eligibility
Although the eligibility to apply for any banking course or college is different, the standard set of eligibility criteria for different banking courses are summarised below:
- For short-term and diploma courses in Banking, students need to secure a minimum of 50 - 60% marks in class 10 and class 12 examinations from a recognized board.
- For banking courses after graduation, students must secure 50 - 60% marks in graduation and the minimum required score in any MBA Entrance Exams.
- For banking courses that private or government banks offer, students must qualify bank PO exams or bank exams organized by the private banks.
- Students can also apply to bank courses abroad if they have a good GPA score, the minimum required scores in GMAT/SAT/GRE, minimum qualifying scores in IELTS/TOEFL, statement of purpose, and LOR.
Check: How to Prepare for Bank PO Exams?
Types of Banking Courses
The Banking Course has many different types which one can choose to be a Banker. Some of those banking courses are discussed below.
Banking Laws
- Banking Laws are for governing a bank and financial institution to conduct business.
- The banking laws provide fair banking services to the customers.
- It prevents banking crimes and provides equal opportunities for banking.
- Also, avoid misuse of banking services for money laundering purposes.
Management of Financial Services
- Management of financial services refers to the mobilization of funds and providing them to the customers who are in need.
- It is vital in the financial service industry to mobilize the savings and provide them with the investable channels to promote industrial development.
Foreign Exchange
- This foreign exchange is a market where the bankers can exchange national currencies with the global financial market.
- In the foreign exchange market, bankers can sell, buy and exchange currencies in the international market.
Direct & Indirect Taxes
- Direct tax is when the tax is imposed on the income and profits of a person and property.
- And the indirect tax refers to tax for goods and services.
- In direct taxes, taxpayers can pay the tax directly to the government.
- But in the indirect tax, a person can shift the tax to a group or to the business that owes the person.
Steps to Start Career in Banking
An aspiring banker should follow some vital steps to start a career in the Banking service. Here are the steps to follow this career.
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Choosing of Degree or Diploma: Firstly, anyone interested in being a successful banker have to earn a certificate in UG degree/diploma/PG degree/PG diploma course in Banking. Best banking courses are Certificate in Banking and Finance; Diploma or Bachelor Degree in Banking/Economics/Commerce/Finance etc.
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Choose a Correct College or Institute: To pursue the Banking course, choose the correct college to study the course and earn a degree or diploma from the college.
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Prepare for Banking Exams: After pursuing a Certificate Diploma or Degree course in Banking, prepare for the banking exams conducted yearly by different banks. And Appear for the exams and get the job.
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Pursue the Higher Degree: Different banking courses for higher-level job are- PG Diploma or Masters’ Degree in Banking/ Finance/ Insurance/ Commerce/ Accountant.
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Gain Experience: To be a successful Banker, do an internship program in any Bank and work under a Senior Level Banker. It helps in learning the function and activities of a Bank.
Banking Courses after 12th
There are many courses you can do after the 12th board examination. Anyone from any stream can take a Banking course.
Banking Certification Courses in India
Banking Certification courses help the students to get information about Knowledge, trends, and various specializations in this field. Banking Certification Courses in India help executives and professionals gain expertise in their specific job profiles.
| Certificate Name | Fees | Duration |
|---|---|---|
| PG Certificate in Banking | INR 50,000 | 2 years |
| PG Certificate in Banking and Finance | INR 50,000 | 2 years |
| Certificate in Bank Analysis | INR 20,000 | 5 days |
| Advanced Certificate in Commercial Banking | INR 40,000 | 2 months |
| Advanced Certificate in Banking Laws and Loan Management | INR 40,000 | 3 months |
| Certificate Course in Banking Management | INR 47,000 | 2 months |
| Certificate in Banking | INR 15,000 | 1 month |
| Certificate in Rural Banking | INR 10,000 | 1 month |
Diploma in Banking Courses
Diploma in Banking and Finance is a popular banking course after 12th which aims at advancing the skills of the students on the process and methods related to the banking field which deals with the rapidly changing finance sector.
| Diploma Courses Name | Fees | Duration |
|---|---|---|
| Diploma in Banking And Finance | INR 40,000 | 1 year |
| Diploma in Banking | INR 40,000 | 1 year |
| Post-Degree Diploma in Global Banking and Economics | _ | 2 year |
| PGD in Management in Banking, Insurance, and Financial Service | INR 45,000 | 2 year |
Bachelor's Degree in Banking Course
Bachelor’s course covers the basics of courses like security analysis, derivatives markets, financial management, risk management, etc. These Banking courses equip the students in dealing with a variety of financial problems in the banking sector.
| Course Name | Fees | Duration |
|---|---|---|
| BBA in Banking and Finance | INR 9,00,000 | 3 year |
| BBA Banking and Insurance | INR 10,00,000 | 3 years |
| Bachelor in Finance and Banking | INR 7,00,000 | 4 years |
| B.Com in Banking & insurance | INR 10,00,000 | 3 years |
| BSc Banking & Finance | INR 8,00,000 | 3 years |
Masters in Banking Courses
Banking courses after graduation such as the Master’s degree concentrates on a specialized area of the student’s interest. The course equips the students to use accounting statements and financial information to aid in decision-making.
| Courses | Fees | Duration |
|---|---|---|
| MBA in Finance Management | INR 6,00,000 | 2 years |
| MBA in Banking and Finance | INR 20,00,000 | 2 years |
| MBA in Banking and Insurance | INR 7,00,000 | 2 years |
| M.Com in Banking and Insurance | INR 1,00,000 | 2 years |
| Master’s Degree in Banking | INR 5,00,000 | 2 years |
Banking Courses Offered by Banks
Banking Industry is the backbone of the economic development of a country. The banking industry offers courses to the learners and also their employees to pursue a certificate. Here are some banks that offer the courses.
State Bank of India (SBI)
SBI is an Indian Multinational, Public Sector Banking Company that provides banking, insurance, and financial services to its customers. It offers many courses, like,
- Certificate program in general insurance
- Certificate and training in digital banking business model
- Certificate in relationship marketing strategy for financial services
- Certificate in corporate credit
- Certification in credit risk management
SBI Bank Jobs After 12th
The various SBI bank jobs after the 12th are the following,
- Advisor (Operations Support Subsidiary)
- Assistant Manager (Routing and switching)
- Assistant Manager (network security specialist)
- Deputy Chief Technology Officer (Core banking)
- Chief Technology Officer
- Chief Information Officer
- Zonal Sales Manager
Yes Bank
Yes Bank is an Indian private sector bank for Investment banking, Merchant Banking and Brokerage businesses, and Mutual Fund business through Yes Asset Management of India. The courses offered by Yes Bank are-
- PGP in Branch Banking Services
- PGDM in Banking & Finance
- Certified Financial Planner
- Certificate in HDFC Trade Finance Program
ICICI Bank
ICICI bank ltd. is a private-sector Indian bank providing equipment finance for the development and modernization of business in non-public sectors. Banking courses offered by ICICI bank are-
- PGD in Banking
- PG Certification Course in Banking
- MBA in Finance and Banking
HDFC Bank
HDFC Bank is the largest private-sector financial service bank located in India. HDFC bank ltd mainly deals with wholesale banking, retail banking, personal loans, property loans, consumer durable loan, credit cards, etc. Banking courses offered by the HDFC Bank Ltd. are as follow as-
- Training Program in Trade Finance Program
- Training in Business Banking Relationship Manager Program
Top 10 Banking Courses Online
The top 10 banking courses offered by different online course provider universities and colleges are as follow as-
| Provider | Fees | Courses Available |
|---|---|---|
| Plutus | INR 9,000 | Bank PO |
| Vidya Guru | INR 11,000 | Banking |
| Coursera | Free | Economics of Money & Banking; Future of Payment Technologies; Financial Markets; Forensic Accounting & Fraud Examination |
| Udemy | INR 455 | Digital Banking; Accounting Finance & Banking; Relationship Manager in Corporate Banking; IBPS Bank PO; Bank Accounting; Banking Law; Banking Credit Analysis Process; etc. |
| Unacademy | INR 867 | Banking |
| Top Rankers | _ | Banking |
| Career Power | _ | Banking |
| Oliveboard | _ | Banking |
| Adda247 | INR 22,799 | Banking and Finance |
| edX | INR 1,828 | Banking and Financial Markets; Investment Banking & Finance; Credit Risk Management, etc. |
Banking Courses Syllabus
| First Year | |
|---|---|
| Principles of management | Microeconomics 1 |
| Effective communication 1 & 2 | Management of financial services |
| Financial accounting | Macroeconomics 1 |
| Effective communication 1 | Effective communication 2 |
| Quantitative methods 1 | Business law |
| Principles of banking & insurance | Introduction to computer systems |
| Second Year | |
| Financial management 1 & 2 | Universal banking |
| Management accounting | Customer relationship |
| Financial market | Entrepreneurship management |
| Taxation of financial services | Cost accounting, insurance, and banking |
| Financial reporting & analysis | |
| Third Year | |
| Central banking | Auditing |
| International business | International banking |
| Portfolio management | Business ethics |
| Banking project | Strategic management |
| Turnaround management | |
Top Colleges for Banking
| College | Average Fees |
|---|---|
| Chandigarh University | INR 1,95,000 |
| IMI New Delhi | INR 8,60,000 |
| IMT Ghaziabad, Uttar Pradesh | INR 1,27,000 |
| Alliance University | INR 13,50,000 |
| Goa Institute of Management | INR 8,80,000 |
| Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development, Pune | INR 2,25,000 |
| Narsee Monjee College of Commerce and Economics | INR 35,000 |
| Symbiosis College of Arts and Commerce | INR 30,000 |
| KPB Hinduja College of Commerce | INR 14,000 |
| Parul University | INR 40,000 |
Top Colleges for Banking in Delhi
| College | Average Fees |
|---|---|
| Delhi Institute of Advanced Studies | INR 1,20,000 |
| Hindu College, New Delhi | INR 540 |
| Delhi College of Arts & Commerce | INR 30,000 |
| Sri Guru Gobind Singh College of Commerce, Delhi | _ |
| National Institute of Financial Markets, Delhi | INR 46,000 |
Top Colleges for Banking in Mumbai
| College | Average Fees |
|---|---|
| Indian School of Business Management and Administration, Mumbai | INR 20,900 |
| ITM Business School, Navi Mumbai | _ |
| Bombay Stock Exchange Institute, Mumbai | INR 2,00,000 |
| SP Jain Institute of Management and Research | INR 9,00,000 |
| University of Mumbai, GICED | INR 3,00,000 |
| BSS Foundation, Mumbai | INR 3,00,000 |
Top Colleges for Banking in Ahmedabad
| College | Average Fees |
|---|---|
| Narayana Business School, Ahmedabad | INR 7,00,000 |
| NMIMS Global Access School for Continuing Education, Ahmedabad | INR 76,000 |
| Ahmedabad Management Association | INR 15,000 |
| Institute of Finance, Banking, and Insurance, Maninagar | INR 1,32,000 |
| BSE Institute, Ahmedabad | INR 44,500 |
Top Colleges for Banking in Pune
| College | Average Fees |
|---|---|
| UNIPUNE, Savitribai Phule Pune University | INR 65,000 |
| College of Engineering, Pune | INR 2,50,000 |
| National Institute of Bank Management, Pune | INR 6,00,000 |
| ASM’s IBMR Pune | INR 1,30,000 |
| Dr. D Y Patil B-School, Pune | INR 3,00,000 |
Banking vs. Finance
| Factors | Banking | Finance |
|---|---|---|
| Degree | Bachelor in Banking | Bachelor of Science in Finance |
| Duration of the Course | 3 years | 3 years |
| Eligibility | 10+2 in any discipline with 50% marks | 10+2 in any discipline with 50% marks |
| Admission Process | Entrance and Merit | Entrance and Merit |
| Course Fees | INR 8,00,000 | INR 2,00,000 |
Banking vs. Insurance
| Factors | Banking | Insurance |
|---|---|---|
| Degree | Bachelor in Banking | BBA in Insurance |
| Duration of the Course | 3 years | 3 years |
| Eligibility | 10+2 in any discipline with 50% marks | 10+2 with 50% marks |
| Admission Process | Entrance and Merit | Merit & Entrance |
| Course Fees | INR 8,00,000 | INR 20,631 |
Scope of Banking Courses
As a banker, there is a vast scope for professionals. They are one of the highest-paying working professionals in the job market, and they also get many benefits in this career other than salary. The Bankers have to deal with many financial issues and sometimes they can also work in foreign banking sectors. After pursuing a Banking Course from a recognized institute or university, a fresher gets an opportunity to work as an Internship in a Banking company and after having experience in that internship program, they can apply for jobs in different private or public sector banks.
Various job positions a banker can do are mentioned below in the table.
| Job Profiles | Description | Average Annual Salary |
|---|---|---|
| Account Clerk | Their task is to manage the accounts and provide support, maintain vendor accounts, and so on | INR 3,00,000 |
| Loan Clerk | The loan Clerk’s responsibility is to collect financial information from the clients who want to get a loan and then verify the personal details and then assist borrowers with paperwork for a bank loan | INR 1,98,000 |
| Bank Probationary Officer | Probationary Officers are responsible for planning, budgeting, marketing, loan processing and approval, and investment. | INR 5,00,000 |
| Bank Specialist | Bank Specialists are responsible for managing the electronic banking systems, which include online banking services, ATM services, etc. | INR 3,50,000 |
| CEO | Their role in the bank is to formulate operational policies, rules, and regulations to run the bank and make decisions on how to operate how to manage the bank | INR 20,00,000 |
| Bank Teller | Their job is to provide bank services, like, account opening, transactions of cash, etc. to its clients | INR 2,70,000 |
Top Recruiters
Top bank companies that recruit bankers.
| State Bank of India | ICICI Bank |
| Yes Bank | HDFC Bank |
| Axis Bank | Canara Bank |
| Punjab National Bank | Indian Overseas Bank |
| Allahabad Bank | Andhra Bank |
| Federal Bank | Bank of Maharashtra |
| Airtel Payments Bank Ltd. | Punjab & Sind Bank |
| National Housing Bank | NABARD |
| Indian Bank | Bank of Baroda |
| Bank of India | IDBI Bank |
| Citibank | Kotak Bank |
| LIC Housing Finance | Central Bank of India |
Government Banking Jobs
- The passed-out students can apply for any government bank job in India
- To get a job in the government bank, the candidate must have to appear for an entrance exam conducted at national level
- The govt. bank job has a good salary for its employees, a Banker can earn around INR 3,00,000 – INR 21,00,000 per year according to the level of job
Salary of a Banker in India
The salary structure of a Banker in India depends upon the experience level of a banker and in which banking company they are working.
Experience Wise
| Experience level | Average Salary (LPA) |
|---|---|
| Intern | INR 1,20,000 |
| 1-4 years | INR 2,97,000 |
| 5-9 years | INR 8,20,000 |
| After 9 years | INR 12,93,000 |
Company Wise
| Bank Name | Average Salary (LPA) |
|---|---|
| State Bank of India | INR 8,20,000 |
| Yes Bank | INR 1,50,000 |
| Axis Bank | INR 10,00,000 |
| Punjab National Bank | INR 6,50,000 |
| Allahabad Bank | INR 5,24,358 |
| ICICI Bank | INR 7,48,894 |
| HDFC Bank | INR 5,30,000 |
| Canara Bank | INR 7,92,000 |
| Indian Overseas Bank | INR 4,50,000 |
| NABARD | INR 7,44,000 |
| Citibank | INR 5,50,000 |
| LCI Housing Finance | INR 3,12,000 |
| Central Bank of India | INR 8,10,000 |
Banking Courses: FAQs
Ques. How much is the cost of Banking courses?
Ans. It depends upon the level of course. At the certificate level or diploma level, the cost is INR 10,000- INR 40,000 and at the UG Degree level the cost is INR 1,00,000- INR 9,00,000 and at the Master's Degree level, the course cost is INR 3,00,000- INR 6,00,000.
Ques. Can I pursue a banking course after passing the 10th exam?
Ans. Yes. You can pursue but HS or 12th is better to pursue a banking course.
Ques. How many years will it take to complete a banking course?
Ans. The banking course may take a month to a maximum of 3 years to complete. It depends on the level of course.
Ques. Can I pursue a banking course online mode?
Ans. Yes. You can pursue a banking course online mode. Some of the best online banking course providers are- Coursera, Udemy, Unacademy, Vidya Guru, and Plutus.
Ques. How much does an intern earn in the banking sector?
Ans. The average salary of an Intern is a maximum of 1,80,000 per annum.
Ques. What are the bank exams to get a job in the banking sector?
Ans. There are many banking exams conducted by different banks in India, like, SBI PO, SBI Clerk, RBI Grade I/ Grade II, IBPS Clerk, NABARD, and so on.
Ques. Which course is best for Banking?
Ans. Diploma in Banking & Finance, MSc Banking, MBA in Banking & Finance, MBA in Investment Banking, and BCom Banking & Insurance are the best courses for Banking.
Ques. What is the Banking course?
Ans. Through the Banking course, students learn the services provided by a bank. They are equipped with the knowledge of Banking, Finance, and Insurance through the study of subjects like Economics, Financial Services, Business Law, Accounting, etc.
Ques. Can we do the Banking course after the 12th?
Ans. Yes, students can pursue undergraduate programs in Banking after completing class 12th. Diploma in Banking & Finance and BCom Banking & Insurance are the top Banking courses after 12th.
Ques. Can I work in Bank without giving any exams?
Ans. Government or public sector banks such as SBI recruits candidates through banking exams and interview rounds. But there are some private banks that hire candidates directly without taking any exams.
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