M.Com. in Banking and Finance is a 2 year post graduate banking course. The candidates who like to take up this course must possess basic eligibility with graduation degree in commerce stream with minimum demanded scores between 45% to 50%. Admission process of this course is carried out based on the candidate’s performance in their bachelor’s degree in same stream. Some institutes may include their entrance exam score. Those entrance tests may include various quantitative tests.
Some of the institutions that provide this course Master of Commerce [M.Com.] in Banking and Finance are:
The average course fee charged for this course is between INR 90 k to 6lac for the span of 2 years.
M.Com. in Banking and Finance is a banking course that is the study of concepts of banking, banking law, finance and financial management. The students have strong in communication skills and completion abilities are suitable to take up this course. This course also requires strong mathematical ability skills that are necessary for investment banking and also need some teamwork skills that are necessary for banking and finance lines.
Also the candidates are also capable of taking their job in the employment areas like banks, credit companies, business schools, Indian economic services, consultancies etc.
|Course Level||Post graduate|
|Duration of the Course||2 years|
|Eligibility||B.Com. or grad (Hons) in Economics or management|
|Admission Process||Entrance exam based (May also look at graduation percentage) / Merit Based|
|Course Fee||Between INR 2 lac to 5 lac|
|Average Starting Salary||Rs.15000 to 3 lac|
|Top Recruiting Companies||banks, credit companies, business schools, Indian economic services, consultancies etc.|
|Job Positions||AO, Business Analyst, Customer service, Marketing executive, credit and risk manager, etc.|
M.Com in Banking and Financeis the course that is apart from general commerce study, it primarily focuses on the systematic study of the concepts of special subjects and topics related to banking and financial circles.
The students after completion are capable of working in banking and financial firms. These candidates can also apply for the UGC-NET or JRF exams. This course prepares the students for professional qualification in banking and finance and provides a solid base in the fields of banking and insurance thus making it easier to acquire a leadership/managerial role in both the banking and finance sectors.
|Name of the Institute||Location||Average Course Fee (in INR)|
|Asian School of Business Management||Bhubaneswar||5 lac|
|Lovely Professional University, Admission Office||Connaught Place, Delhi||3.9 lac|
|Institute of Public Enterprise||Shamirpet, Hyderabad||8 lac|
|Lovely Professional University||Jalandhar||3.9 lac|
|Suresh Gyan Vihar University Distance Education - Nashik||Nashik||74 k|
|ICICIdirect Centre for Financial Learning (ICFL)||Andheri East, Mumbai||90 k|
|ICICIdirect Centre for Financial Learning (ICFL)||Cunningham Road, City, Bangalore||60 k|
|Jaipuria Institute of Management, Indore||Indore||6.4 lac|
|Times and Trends Academy||Bhandarkar Rd, Pune||45 k|
|Jindal Global Business School||Sonepat||11 lac|
|ICICIdirect Centre for Financial Learning (ICFL)||Jhandewalan Extension, Delhi||8 lac|
|University of Engineering and Management, Jaipur||Jaipur||1.70 lac|
|Balaji Institute of Management and Human Resource Development, Sri Balaji Society||Tathawade, Pune||6.9 lac|
|Unitedworld School of Business, Kolkata||Salt Lake City, Kolkata||5.3 lac|
|Directorate of Distance Education, Sikkim Manipal University||HAL 2nd Stage, Bangalore||80 k|
|Meghnad Desai Academy of Economics||Cuffe Parade, Mumbai||5.7 lac|
|School of Management, D.Y. Patil University||Navi Mumbai||4.75 lac|
|Suresh Gyan Vihar University Distance Education - Jodhpur||Jodhpur||74 k|
|AIMS-AKEMI Group of Institutes||Wakad, Pune||4.95 lac|
|Jaipuria Institute of Management, Jaipur||Jaipur||.95 lac|
The candidates who have completed their B.Com. or grad (Hons) in Economics or management as their major discipline with at last minimum aggregate marks obtained in their exams are eligible for this course. Some institutions consider the score in the entrance tests based on the subjects covered.
Admission process is carried over by considering the merit score of the student in their exams and some institutes conduct entrance exams and there would be personal interview carried by the institute that various or depends up on the institutes.
|Subjects of Study|
|Banking law & Practice|
|Business Policy and Strategic Management|
|Commercial Bank Management|
|Direct & Indirect Taxes|
|Economics of global Trade and Finance|
|Financial Markets in India|
|Financial Markets & Institutes|
|International Financial Management|
|International Banking and Finance|
|Management Information System|
|Management of financial Services|
|Marketing of Financial Services|
|Modern banking theory, law and Practice|
|Principles of Personal Finance|
|Quantitative Techniques for Finance|
On Successful completion of this course the candidates are capable of working in the employment areas like banks, credit companies, business schools, Indian economic services, consultancies etc. There are also wide range of job positions available for the candidates like AO, Business Analyst, Customer service, Marketing executive, credit and risk manager, Stock analyst, Asset manager, Investment banker, security analyst, Loss control specialist, AAO etc.
|Job Profile||Job Description||Average Salary (in INR)|
|Loan Counsellor||Loan Counsellor suggests the possible loan details and all the documents and reports are maintained||4 to 5 Lacs|
|Market analyst||Market analyst analyze all the market strategies and document it for the improvement in the business performance||5 to 6 Lacs|
|Sales officer||Sales officer takes care of all the sales details, market analysis, stock management etc.||6 to 7 Lacs|
|Treasurer||Treasurer is in charge of all the money details including expenditure and profit and money exchange transactions||8 to 9 Lacs|
|Risk analyst||The one who analyze all the risk factors that affect the transaction, exchange, and even loss||6 to 7 Lacs|