Which Degree Course is Best for Banking Jobs in India?

Updated on : January 17, 2022 by Patrick Palmer



Which Degree Course is Best for Banking Jobs in India?

For a banking job, you must be a graduate of any recognized university with a 50% grade or higher. It can be a BCom, BSc, BA, BBI, BTech, or any degree.

If banking is your career goal, here is what you can do:

1 Create a smart resume and LinkedIn profile.

2 Send your CV to all banks and / or register on their portals

3 Keep visiting their websites and check the "career" section for vacancies. Apply to specific positions of your liking.

4 You can register on various job search portals like Naukri, Indeed and others

5 You can hire headhunting services that deal with

Keep reading

For a banking job, you must be a graduate of any recognized university with a 50% grade or higher. It can be a BCom, BSc, BA, BBI, BTech, or any degree.

If banking is your career goal, here is what you can do:

1 Create a smart resume and LinkedIn profile.

2 Send your CV to all banks and / or register on their portals

3 Keep visiting their websites and check the "career" section for vacancies. Apply to specific positions of your liking.

4 You can register on various job search portals like Naukri, Indeed and others

5 You can hire the services of headhunters who deal with banks.

6 Use your personal network if you have one.

7 There are also banking diploma courses offered by some private institutions in case you agree to the fees. You could explore these options although they are not required to get a job in banks.

The hiring procedures will depend on the bank. I suggest that you prepare for the aptitude tests, group discussion and personal interviews and also improve your skills in managing and selling clients.

PREPARATION FOR FITNESS TESTS

There are many sites available like Indiabix and others. Look at them. Familiarize yourself with the type of questions and practice well.

PREPARING FOR INTERVIEWS

To help aspiring banking jobs prepare well for their interviews, I have written a book called "Be a BankPro."

It is a complete banking guide that will allow you to acquire the latest knowledge on banking domains; job skills such as customer management; how to sell banking products and meet objectives; capital markets; financial advice; basic banking systems; new technological trends; channels and platforms, regulatory compliance; general and financial awareness; questionnaires; wide range of mock interview questions; how to prepare for GD and the contemporary issues to expect, etc.

The book helps you prepare more comprehensively to face interviews with confidence. It is available on all Amazon sites. Check it. You might find it useful.

I wish you the best.

The BBA degree and then an MBA in finance may be the best degree. If you are graduating from some reputable colleges, you will also get private bank placement offers.

But …

If you really want to work in the banking sector, then it is not mandatory and requires a specific graduation. You only need to be a graduate to qualify.

There are many exams that the government organizes to enter the government banking sector.

1.IBPS PO

2. SBI PO

3 SSC CGL

4. other state tests for various job descriptions.

All you need is a solid understanding of mathematics, quantitative and logical ability.

Keep reading

The BBA degree and then an MBA in finance may be the best degree. If you are graduating from some reputable colleges, you will also get private bank placement offers.

But …

If you really want to work in the banking sector, then it is not mandatory and requires a specific graduation. You only need to be a graduate to qualify.

There are many exams that the government organizes to enter the government banking sector.

1.IBPS PO

2. SBI PO

3 SSC CGL

4. other state tests for various job descriptions.

All you need is a solid understanding of mathematics, quantitative and logical ability. All of these exams have the same pattern with different levels of difficulty depending on the position and salary.

Long story short, if you want a banking job, no specific degree is required, while BBA will give you an additional opportunity to enter banks without exams through college placements.

There is no specific title to get banking jobs in India. You graduated from any organized university degree that you applied for for banking jobs in India. IBPS and SBI, which conduct banking exams in India, allowing any mainstream student to apply for banking jobs. Do not tremble if you are of any current that you can apply for these jobs. You can pass this exam and join your job at the bank.

any course is sufficient as nothing will be useful from your degree course so it is better to spend less on your graduation and focus on preparation

Parents, and later their children, have been brainwashed that college is the only answer to financial prosperity; after all, it worked for generations. Today, more than 40 percent of high school graduates are enrolling in college. Only one in four graduates and gets a good job: Department of Labor. There is a supply versus demand problem and a mismatch between acquired skills and demanded skills.

At the same time, community colleges and trades are stigmatized in many ways, both overtly and covertly. Secondary schools have destroyed their professional training.

A selective, multi-level post-se

Keep reading

Parents, and later their children, have been brainwashed that college is the only answer to financial prosperity; after all, it worked for generations. Today, more than 40 percent of high school graduates are enrolling in college. Only one in four graduates and gets a good job: Department of Labor. There is a supply versus demand problem and a mismatch between acquired skills and demanded skills.

At the same time, community colleges and trades are stigmatized in many ways, both overtly and covertly. Secondary schools have destroyed their professional training.

A selective, multi-tiered postsecondary education system like Germany's would never be accepted in the US One of the basic tenets of our society is egalitarianism. Remember Alexis de Tocqueville said, "Americans are so in love with equality that they would rather be equal in slavery than unequal in freedom."

In the US, parents and students must make better decisions about postsecondary education in the face of the constant "college for all" pace from educators, counselors, politicians, pop culture, special interest groups and , in particular, university administrators. .

There are many good jobs. They are simply not where people look.

I interviewed a woman last month on the subject of on-the-job training. If you complete your training, take all the tests, and earn your certifications, you can become an Ophthalmic Medical Technologist - $ 70K. He has no college debt and is paid to learn.

In my opinion, half of the young people who go to college should go to community college. One of my favorite programs is robotics technician, I find it funny. Invest $ 10K and qualify for a full-time job with benefits of $ 50K. The classes are almost empty. Some of the classes are free government grants.

My local community college has discontinued your plumbing certification, with no interest. My plumber makes $ 100,000.

How about an apprenticeship? Learn to repair elevators and earn $ 78K. There is a cohort of blue-collar Baby Boomers on the brink of retirement.

But instead of acquiring the skills to qualify for a job as a breadwinner, young people are compelled and determined to go to a four-year college. Nobody explains the risks to them.

I could write a book with my collected anecdotes about young people who made a serious mistake while going to college. Here is an example:

The biggest debt burden

Charlie was a good student in a prosperous, suburban high school that sends 65% of its students to college. (At graduation, college goers wear their college hoodies to the stage to earn their diplomas.) Naturally, since his friends were going to college, Charlie wanted to go. He chose the most expensive public school about thirty miles from home. Like most students, it took him five years to get his sheepskin. His major was in English and he was unable to get a suitable job. He decided to go back to school to get another degree in creative writing. He chose an expensive private school ten miles from his home and lived on campus. He obtained a second degree. He currently lives at home. He has two part-time jobs and $ 88K in student loans.

By coincidence, I was doing volunteer work at Charlie's old high school. I shared the data of daunting jobs with the director. His response was, "We certainly don't want students to hear that."

When I talk to these young people, it usually starts out the same way. "I did everything right. I did what I was supposed to do." Some of them "bite the bullet" and go back to school to get an MBA, the new bachelor's degree. But many seem frozen in place. They are distraught and discouraged. The main variable in the conversation is the amount of student loan debt.

I'm here and I'm doing it. In Kolkata, I was a dropout from Economics after a year, that too failed. I was pushed into the economy and I didn't know what to do with my life, I was just floating in the air.

After failing I moved to Pune where I learned Graphic Design. Art and designs are something I have always loved doing during school days. Side by side, I was trying to get into college, but each time, for some reason, here and there, I couldn't get into any. It seems that things were decided for me.

I learned graphics and started looking for jobs and was ridiculously rejected over and over again. I started ap

Keep reading

I'm here and I'm doing it. In Kolkata, I was a dropout from Economics after a year, that too failed. I was pushed into the economy and I didn't know what to do with my life, I was just floating in the air.

After failing I moved to Pune where I learned Graphic Design. Art and designs are something I have always loved doing during school days. Side by side, I was trying to get into college, but each time, for some reason, here and there, I couldn't get into any. It seems that things were decided for me.

I learned graphics and started looking for jobs and was ridiculously rejected over and over again. I started applying here and there for distance learning thinking that there is no way out without getting a degree job. After multiple interview rejections, missing college, and feeling sheer failure, it's no wonder she suffered from an anxiety disorder for 7-10 months. And these months have their own never-ending story.

I applied for some internships during my anxiety period even when I felt like my body was in no condition to do any of these, but this time, thankfully, I was selected for one of the internships. Delighted by my performance, he approached me for work. I STARTED WORKING.

6 months later, with work, I started taking UX Design classes on weekends, which were completed in 4 months. I left the last job after a year because there was no opportunity for UX design and I wanted to do it.

Ah shit! here we go again.

I started looking for a job again and the same story - multiple negative rejections due to not having a systematic background, I kept trying. Finally, a company selected me for UX design, in the interview they did not reject me after knowing that I do not have a title. Instead, they asked me why I think I am capable of doing this. They discussed it and selected me after reviewing my portfolio. Switching to a more technical field without experience in it is very difficult but very possible. I am working here for 3-4 months where most of them are developers and I am a designer. In these 3-4 months, I reached out to some colleagues and we shared what we earned, it turns out that I was earning 2 times more than most of them, where they all have more experience and are more qualified than me. I '

In my current life scenario, I work and study. I come back from work every day and make time to study (which I started 2 months ago). Every day I learn more things and many of them are not going to make me earn money, but I like to know things. And then again, I have a good time deciphering pajamas on my Instagram stories.

Guess what?

It was 2 years (2017-2019) of hard work, and none of that was a leap year, so not a single extra day.

Signing, and all the guys like me, who somehow deviated from his life. You have to do something about it, let go of all the emotional change.

As they say: where there is a will, there is a way.

Edit: By sharing this story, I don't want to encourage anyone to drop out of college / university, they are important and it takes hard work. I am sharing this story in case someone is completely lost and thinks there is no way out.

Graduates of Commerce (B.Com.) Can explore a variety of career opportunities in both the public and private sectors. Soon after earning a degree, you can search for work in various industries or pursue higher education for an advanced career. You have a plethora of advanced career and career options if not limited to accounting and finance careers such as law, hotel management, marketing and administration, etc. Many face the career choice dilemma, 'what to do next', and there are many standard responses, namely 'M.Com', 'CA', 'ICWA', 'CS', 'ACA', etc. This article will update you on

Keep reading

Graduates of Commerce (B.Com.) Can explore a variety of career opportunities in both the public and private sectors. Soon after earning a degree, you can search for work in various industries or pursue higher education for an advanced career. You have a plethora of advanced career and career options if not limited to accounting and finance careers such as law, hotel management, marketing and administration, etc. Many face the career choice dilemma, 'what to do next', and there are many standard responses, namely 'M.Com', 'CA', 'ICWA', 'CS', 'ACA', etc. This article will update you on the scope, job opportunities, and possible salary after B.Com. degree.

Salary summary after BC om. Degree

Like BC om. Newer from one of the several renowned colleges and universities in India, you will receive a minimum wage in the range of 14,000-20,000 rupees per month. Business graduates from the most sought after universities get an entry-level offer of Rs 25,000 to Rs 45,000 per month for most entry-level positions in private organizations. Of course, you can expect better pay if you find employment in a large organization or corporate establishment. A purchase order job at a bank will also earn you a high enough salary.

Average annual salary range

Accountant

180,000 - 400,000 rupees

Tax consultant

260,000 - 465,000 rupees

Bank PO

432,000 - 520,000 rupees

account executive

144,000 - 300,000 rupees

BPO team leader

240,000 - 360,000 rupees

Export / Import Executive

200,000 - 450,000 rupees

Insurance advisor

220,000 - 360,000 rupees

Loan advisor

144,000 - 576,000 rupees

Event management

168,000 - 540,000 rupees

Travels and tourism

180,000 - 650,000 rupees

Commodity trader

280,000 - 720,000 rupees

Actuary

264,000-480,000 rupees

Book keepers

168,000 - 280,000 rupees

Salary of B.Com employees by years of experience

Years of employment

Salary range (annual)

0-1 year

120,000 - 240,000 rupees

1-4 years

150,000 - 600,000 rupees

5-9 years

360,000 - 840 - 000 rupees

10-19 years

480,000 - 960,000 rupees

20 years and over

Rs. 510,000 - 2,200,000

B.Com employee salary by city

Town

Salary Range (B.Com with 1-4 Years Exp)

Town

Salary Range (B.Com with 1-4 Years Exp)

Bangalore, Karnataka

220,000 - 468,000 rupees

Lucknow, Uttar Pradesh

168,000 - 324,000 rupees

New delhi, delhi

240,000 - 480,000 rupees

Cochin, Kerala

162,000 - 296,000 rupees

Chennai, Tamilnadu

200,000 - 360,000 rupees

Ahmedabad, Gujarat

240,000 - 320,000 rupees

Mumbai, Maharashtra

216,000 to 432,000 rupees

Bhubaneswar, Orissa

162,000 - 246,000 rupees

Pune, Maharashtra

180,000 - 300,000 rupees

Patna, Bihar

144,000 - 280,000 rupees

Hyderabad, Telangana

172,000 - 280,000 rupees

Gurgaon, Haryana

240,000 - 480,000 rupees

Calcutta, West Bengal

144,000 - 272,000 rupees

Noida, Uttar Pradesh

228,000 to 462,000 rupees

Chandigarh, Punjab

172,000 - 280,000 rupees

Bhopal, Madhya Pradesh

190,000 - 288,000 rupees

Industry

Average salary

Information technology

INR 6.5 lakh

Financial services

INR 4.35 lakh

BPO

INR 3.91 lakh

Manufacturing

INR 4.64 lakh

Telecommunications

INR 7.2 lakh

Banking

INR 5 lakh

Audit and tax services

INR 5.97 lakh

Consultant

INR 5.87 lakh

Grade B.Com scope

The B.Com degree is a high value qualification among all non-professional bachelor programs. With a Bachelor of Commerce degree, you are eligible to apply for a job with a large number of organizations, both government and industry. In fact, it is a business-oriented degree, which is why industrial organizations prefer to appoint a B.Com graduate in many positions such as marketing, sales, commercial, purchasing, retail, and finance and accounts.

B.Com degree courses available at many Indian universities. Some colleges offer just the regular B.Com program, some other colleges offer B.Com Honors and B.com degree programs Some of the most popular colleges to earn the B.Com degree are listed below:

  • University of Delhi
  • Mumbai University
  • Savitribai Phule (University of Pune)
  • Calcutta University
  • Madras University
  • Calicut University
  • Bangalore University

Postgraduate studies in commerce

You can follow a good number of graduate programs after B.Com. Listed below are the most popular degree programs for B.Com graduates:

  • Collegiate Accounting (CA)
  • Company secretariat (CS)
  • ICWA (Cost and Works Accounting)
  • M.Com
  • MBA
  • LLB
  • MHM (Master in Hotel Management)

B.Com graduates can also opt for the Civil Service exams. By going through All India Services, they can get prestigious positions:

  • IAS Officer
  • IPS Officer
  • IFS Officer
  • IRS Officer

En resumen, las opciones de carrera con salarios respetables a las que puede acceder después de completar B.Com son casi infinitas. No solo en la India, el título B.Com puede brindar oportunidades laborales altamente gratificantes en países como: -

  • Dubai
  • Arabia Saudita
  • Canadá
  • Kuwait
  • Reino Unido
  • Australia
  • Nueva Zelanda

Áreas de empleo del sector privado después de B.Com

A graduate in commerce will be able to land a job with a good salary along with various perks and benefits in the following employment areas:-

  • Automobile Industry
  • Banking & Insurance Industry
  • BPO Industry
  • Consumer Durables Industry
  • FMCG Industry
  • Hospitality Industry
  • Media Industry
  • Retail Industry
  • Telecom Industry

You’ll be starting your career as an accounts manager, sales officer (accounts), company law assistant, assistant manager, accounts consultant, financial manager. If you cleared your B.Com exams with high marks (at least 55%), you’ll be able to apply to companies like Accenture, IBM, TCS, WIPRO, DELL, HP, Convergys, and so on that are constantly in need of commerce graduates for their accounting processes. These companies offer lucrative salaries as well.

Public Sector Employment Areas after B.Com

If you’re looking for a secured job after getting a B.Com degree, you should be submitting applications for various examinations conducted by UPSC, SSC, Railways, and Defence (Army, Navy and Air Force). You can find a job as an accounts clerk, accounts assistant, tax assistant, excise officer, assistant collector, district treasury officer, and assistant registrar. Additionally, you can submit applications for different banking positions. It does not need to be explicitly mentioned that central government and public sector jobs that applicants with B.Com degrees usually apply to have attractive salaries and perks.

Commerce Graduate Starting Salaries for Different Positions

Over the years, not only have job opportunities for commerce graduates increased but salaries for traditional job positions have also gone up. As a B.Com graduate, you can now look at career opportunities in the sectors of IT and ITES, BPO, and KPO apart from the conventional openings in public and private organizations. Payout for different positions in the above mentioned sectors are excellent. As a B.Com fresher, you can look forward to earning 14,000-20,000 INR every month in the beginning in most organizations. Depending upon your employer, your salary will rise as you gather experience. If you’re successful in getting a PO (probationary officer) job in a public-sector bank, you’ll be earning in the range of 36,000-60,000 monthly. Private sector banks offer 25,000-45,000 for the same position.

The salary for a clerical post in a bank is between 15,000-18,000 INR. You can also find a job as a junior accountant, accounts assistant or a tax assistant in private or government organizations. Salary for the same job position might vary from organization to organization. Furthermore, the salary you’ll ultimately draw will also depend upon the city you stay, the industry you’re engaged in, the skills you’ve acquired and so on.

Employees with a Bachelor of Commerce (BCom) Degree

First, understand that there are public sector banks (PSU) and private sector banks. Their hiring processes are different. Hiring for PSU banks is done through IBPS (Please refer to IBPS website for details).

Private banks have their own hiring processes and regularly hire new employees for entry-level positions in their retail banking business. You only need to be a graduate of any recognized university. Here's what you can do to get started:

  • Create a smart resume and LinkedIn profile.
  • Send your resume to all banks. You can also create a profile of yours on your site.
  • Keep visiting your
Keep reading

First, understand that there are public sector banks (PSU) and private sector banks. Their hiring processes are different. Recruitment of PSU banks is done through IBPS (see IBPS website for details).

Private banks have their own hiring processes and regularly hire new employees for entry-level positions in their retail banking business. You only need to be a graduate of any recognized university. Here's what you can do to get started:

  • Create a smart resume and LinkedIn profile.
  • Send your resume to all banks. You can also create a profile of yours on your site.
  • Keep visiting their websites and check the "career" section for vacancies. Apply to specific positions of your liking.
  • Puede contratar los servicios de cazatalentos que se ocupan de los bancos.
  • Utilice su red personal en caso de que tenga una.
  • Hiring procedures will depend on the bank. Prepare yourself well for the aptitude tests and personal interviews.

For aptitude tests preparation, you can refer to some good books or online resources. For the interview preparation, you could refer to the following book that is available on Amazon:

Be a BankPro (New Edition 2020) - It is a comprehensive bank guide that will help you with the banking domain knowledge and the required job skills. It also has a banking test with MCQ questions for your self-assessment, wide range of mock interview questions to prepare on, and plenty of interview and GD insights and tips. Book reference: B08HVNDZGM

Once you complete reading the book, please mention in your resume that you have good banking domain knowledge and job skills required for a banker. This might increase the chances of you getting interview calls. Once you get an interview call, revise the concepts once again so that you can answer the questions correctly and confidently.

Wish you success in your banking career.

Hi, bsc is an undergraduate degree and has many options to choose from. Also, bsc degree is not enough if you want to delve deeper into the field then you will have to pursue higher education

Coming to the point, I think that one should go with the subjects which interests them,the subject one can read for hours(years) without getting tired or bored of it.

It is very important to look at the contents of the subject you are going to study. And it would be very insensitive of me if I could advise the best bsc field. like, if i suggest comp. Sci, and you stink of computers, so there's no point in chasing

Keep reading

Hi, bsc is a bachelor and you have a lot of options to choose from. Also, the bsc degree is not enough if you want to go deeper into the field then you will have to pursue higher education.

Getting to the point, I think you have to go with the topics that interest them, the topic that can be read for hours (years) without getting tired or bored.

It is very essential to look at the contents of the subject you will be studying. And it would be very callow of me if i would advice the best bsc field. like, if i suggest comp. Sci, and you suck at computers then there's no point in pursuing that course. So,look in yourself and know what is the thing you would most like to know and study.

P. S. : if you didn't get admission in your desired stream then worry not, if you are in DU, i don't know about other colleges but in DU, they give you an option of selecting any subject of your choice and if u study that subject for 2 years then you become eligible for doing higher studies in that particular subject. That means you still have the chance to follow your dream.

Cheers:)

You can opt for everything you want to do.

I have seen many graduates succeed in Risk Advisory firms and then added a professional certification like CIA, CISA to continue their careers at the firm. Companies like EnY and KPMG have also removed post-graduation restrictions on internal growth. I worked for a risk advisory firm for 9 years and I saw that all the backgrounds were successful. Graduates, engineers, MBA, CAs, CIMA, CIA, CISA…. what makes it a success are the most diverse projects and the biggest clients you end up doing, more solutions (SoX, IA, ABAC, FCPA, BCP, ITRM, etc.) plus your learning and you

Keep reading

You can choose whatever you want to do.

I have seen many grads succeed in Risk Advisory firms and then they go on to add on a professional certification like CIA, CISA to continue their careers in the firm. Companies like EnY and KPMG have also removed post graduation constraints for growth internally. I worked for a risk advisory firm for 9 years and saw all backgrounds succeed. Grads, engineers, MBAs, CAs, CIMA, CIA, CISA …. what makes it a success is the more diverse projects and bigger clients you end up doing, more solutions (SoX, IA, ABAC, FCPA, BCP, ITRM etc…) more your learn and you should be able to apple these techniques from project to project - client to client - internally in your own verticals as a business leader. You need to identify and learn how o mitigate People, Process and Technology risk.

Guess what…there is an Institute in India - Global Risk Management Institute, Gurgaon. Its one of its kind which covers all aspects of Risk Management and allows you to be an edge over a regular MBA and your peer group. Its a Certificate and Masters (with their European unit) in Risk Management. 1 year programme…

its a one year course with 6 weeks internships and they guarantee placements.

Their batch starts in July and Jan.

www. grm. institute for admissions

The most visible ‘bank job’ is a bank teller, a customer service position that has been trained on the process of paperwork and money handling. There are no courses not provided by any high school or the bank itself needed for this.

If you want more advanced bank jobs like, say, an underwriter, there once again are no specific ‘courses’ just generally have a degree. It’d be good to know some about insurance and business and maybe law - so they’re going to prefer people who have studied and most importantly worked within those subjects.

I love telling stories :) So here is the one for you: -
I know this man who was born in a small town in Tamil Nadu, finished his b.com, then tried as many bank exams as he could then joined a Bank , he worked there for 12 years, then one day he thought about changing his career field, he switched to the IT field where I met him, today he leads the APAC countries related practice for a particular banking process, a lot of visits in situ each year accompanied with a 6 digit salary based in India. So I firmly believe that a graduate in Commerce or, in that case, any graduate has lots of Li.

Keep reading

I love telling stories :) So here is the one for you:-
I know this Man who was born in a small village of Tamil Nadu, He finished his b.com , then he tried as many bank exams as possible then he joined a Bank, worked there for 12 years, then one day he thought of changing his career field, he switched to IT field where i met him, today he is leading APAC countries related Practice for a particular Banking process, loads of onsite visits every year accompanied with a 6 digit India based Salary. So I strongly believe that a Commerce graduate or for that case any graduate has got loads of Life & Career opportunities provided that person is ready to run to reach his beloved beautiful destination.

Other Guides:


GET SPECIAL OFFER FROM OUR PARTNER.