Banking courses serve as an introduction to the various banking administrations, services, and financial institutions. A student in a banking course examines the standards of banking exchanges as well as the various services offered by a bank. The history of banking, asset handling, methods, accounting, advances or loans, investments, and trust activities are all covered in a banking course. A student in a banking course also learns about the Federal Reserve’s functions. Banking courses are in high demand these days due to the banking industry’s positive growth.
Institutions have introduced short-term and degree banking courses, which are not only limited to Diploma in Banking and giving Bank PO exams after completing a B.Com.
Banking is one of the industries that never runs out of job openings because there is always a demand for candidates who understand the financial process and innovative ways to run a bank. One of the reasons why taking banking courses after graduation has become so popular is because of this.
Candidates from a variety of fields, such as commerce, business, the arts, and engineering, enroll in bank courses after graduation to improve their job prospects. Following graduation, there are a variety of banking courses available, some of which are offered by well-known banks. The other courses are taught by master’s degree programs in business administration.
Banking Course: An Overview
| Level of Course | Both graduation and post-graduation (diploma and certificate banking courses are also available) |
| Duration of Course | For Graduation: 3years For Post Graduation: 2 years |
Eligibility Criteria | For Graduation: 10+2 For Post Graduation: Graduation degree from any discipline |
| Process Admission | Varies from college to college (Some take entrance exam whereas some take interviews) |
Banking Course Eligibility
Although the requirements for applying to any banking course or college vary, the following is a summary of the standard set of requirements for various banking courses:
- Students must achieve a minimum grade of 50–60 percent in class 10 and class 12 examinations from a recognized board to be eligible for short-term and diploma banking courses.
- Students must achieve 50–60 percent on graduation and the minimum required score on any MBA entrance exams in order to pursue banking courses after graduation.
- Students must pass bank PO exams or bank exams organized by private banks in order to enroll in banking courses offered by private or government banks.
- Students with a good GPA, minimum required GMAT/SAT/GRE scores, and minimum qualifying IELTS/TOEFL scores, as well as a statement of purpose and a letter of recommendation, can apply to banking courses abroad.
Syllabus for Banking Courses
| Year 1 | |
|---|---|
| Principles of management | Micro economics 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 |
| Year 2 | |
| 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 | |
| Year 3 | |
| Central banking | Auditing |
| International business | International banking |
| Portfolio management | Business ethics |
| Banking project | Strategic management |
| Turnaround management |
Banking Courses
Certificate Courses After 12th
Banking Certification courses assist students in learning about the field’s knowledge, trends, and various specializations. Executives and professionals can gain expertise in their specific job roles with the help of certifications.
| Name of the Certificate Course | Course Fees | Duration of the Course |
|---|---|---|
| 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 |
Online Banking Courses
| Course Provider | Course Fees | Courses |
|---|---|---|
| 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. |
Bachelor’s Courses in Banking
The bachelor’s degree program covers the fundamentals of subjects such as security analysis, derivatives markets, financial management, risk management, and so on. These banking courses prepare students to deal with a wide range of financial issues that arise in the banking industry.
| Name of the Course | Course Fees | Duration of the Course |
|---|---|---|
| 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 Courses in Banking
Following graduation, banking courses such as the Master’s degree focus on a specialized area of the student’s interest. Students will learn how to use accounting statements and financial data to aid in decision-making.
| Course Name | Course Fees | Course 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 |
Diploma Courses in Banking after 12th
Diploma in Banking and Finance is a popular banking course after 12th grade that aims to improve students’ knowledge of the processes and methods related to banking in the rapidly changing finance sector.
| Courses Name | Course Fees | Course 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 |
Future Trends in Banking
| Certificate Course in Banking | Digital Banking Business Model |
| Management of Commercial Banking | Post Graduate Certificate in Retail Banking |
Government Exams for Banking
Banking examinations are held by Indian government banks to fill vacancies for bankers in various banks. Here is a list of government banking exams in India that you can take to become a banker.
| Bank Examination | Conducting Authority |
|---|---|
| IBPS SO | Institute of Banking Personnel Selection |
| IBPS Clerk | Institute of Banking Personnel Selection |
| SBI PO | State Bank of India |
| SBI Clerk | State Bank of India |
| NABARD | National Bank for Agriculture and Rural Development |
| ICICI PO | ICICI Bank |
| IBPS RRB | Institute of Banking Personnel Selection |
| RBI Officer | Reserve Bank of India |
Important Skills Required
| Commercial awareness | Analytical skill |
| Technical skills | Confidence |
| Stress management | Risk management |
| Determination skill | Good communication skill |
| Leadership skill | Discipline |
Banking Course: Top Institutes
| Institute | Average Annual 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 |
Banking Courses: Top Job Profiles
The table below lists the various job positions that a banker can hold.
| Profiles of Job | Description of Job | Average Annual Salary |
|---|---|---|
| Account Clerk | Their job entails managing accounts, providing support, and maintaining vendor accounts, among other things. | INR 2,91,930 |
| Loan Clerk | The Loan Clerk’s job is to gather financial information from clients who want to get a loan, verify personal information, and assist borrowers with bank loan paperwork. | INR 1,97,820 |
| Bank Probationary Officer | Planing, budgeting, marketing, loan processing and approval, and investment are all responsibilities of probationary officers. | INR 5,04,000 |
| Bank Specialist | Bank Specialists are in charge of managing electronic banking systems such as online banking, ATM services, and so on. | INR 3,50,000 |
| CEO | Their job at the bank is to create operational policies, rules, and regulations, as well as make decisions about how to run and manage the institution. | INR 21,61,719 |
| Bank Teller | Their job is to provide clients with bank services such as account opening, cash transactions, and so on. | INR 2,77,290 |
Banking Courses: Benefits and Scope
- India is a rapidly developing country with a massive population. The government, in collaboration with the RBI, is taking various steps to reach out to the masses in order to account for the rising budgetary exchange of the enormous population. This aids in the creation of jobs in the banking industry. The various reforms being implemented will increase the number of banks operating in the country, resulting in more job opportunities for banking students.
- In the banking industry, the introduction of technology has resulted in a significant amount of change. It’s great news for students interested in banking courses.
- The use of plastic money, such as Visa or Mastercard, has become increasingly popular among Indians, regardless of where they live. The government has made commendable efforts to promote e-banking and ATMs in many rural areas of India, thereby broadening access through technological interventions.
- The high level of security and protection provided by banks has increased trust among people, who now believe it is safer to keep their monetary assets in banks. As a result, there are more investment funds, financial balances, and workers dispatched to deal with these records.
FAQs
Yes. You can pursue a banking course in high school or in 12th grade.
SBI PO, RBI Grade I/ Grade II, IBPS Clerk, SBI Clerk, NABARD, and other banking exams are held by various banks in India.
Interns earn up to 180,000 per year on average.
Yes. You can take a banking course entirely online. Coursera, Udemy, Unacademy, Vidya Guru, and Plutus are some of the best online banking course providers.
Banking is a good career option in India. In a bank, bank clerks and officers are needed for various financial activities, so the career path is favorable for an aspiring banker.
It is dependent on the course level. The fee ranges from INR 10,000 to INR 40,000 for a certificate or diploma, INR 1,00,000 to INR 9,00,000 for a bachelor’s degree, and INR 3,00,000 to INR 6,00,000 for a master’s degree.
The banking course can take anywhere from a month to three years to complete. It is dependent on the course level.
