Banking - Course Overview

Duration: 3.0 yrs | Mode: Regular| Avg. Fees: 50,000 / Year

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About Banking

Banking is one of the sectors that is never out of employment opportunities as there is a constant need for hiring candidates who understand the financial process and the progressive ways to run a bank. This is one of the reasons why pursuing banking courses after graduation has become a popular trend.

Candidates from various fields including commerce, business, arts and engineering seek bank courses after graduation in order to enhance their career prospects. There are various banking courses after graduation and few of them are provided by popular banks themselves. The other courses are offered by masters in business administration colleges.

If you want to pursue bank courses after graduation, another route is to prepare for Bank PO examinations. Most of the government banks recruit students through IBPS PO, whereas, SBI and its associate banks recruit candidates through SBI PO exam. 

Types of Banking Courses:

Name of the Course

Type of Course

Duration

MBA in Banking and Finance

Master Degree

2 years

M.Com In Banking and Finance

Master Degree

2 years

M.Voc in Banking, Stocks and Insurance

Master Degree

2 years

PGDM in Banking Management

PG Diploma Course

2 years

PGDM in Banking & Financial Services

PG Diploma Course

2 years

Short-term Post Graduate Diploma in Retail Banking (PGDRB)

PG Diploma Course
  • 3 months class work
  • 3 months internship

Short-term Post Graduate Diploma in Banking Operations

PG Diploma Course
  • 3 months class work
  • 3 months internship

Short-term Post Graduate Diploma in Banking

PG Diploma Course
  • 3 months class work
  • 3 months internship

Professional Programme in Commercial Banking (PPCB)

Advanced Certificate Course

2 months

Advanced Certificate in Banking Laws and Loan Management

Advanced Certificate Course

3 months

Banking Eligibility Criteria

MBA and 2-year PGDM Courses:

  • In order to apply for these programmes you will have to secure at least 60% marks in graduation along with a good past academic record.
  • Admission to MBA and PGDM courses are done on the basis of management entrance exams such as CAT.
  • Candidates who clear the above exams are then called for group exercises and personal interview for their personality assessment and skill check.

Short-term PG Diploma Courses:

  • You must have secured a minimum of 50% marks in order to pursue these courses.
  • Admissions are done on the basis of aptitude tests conducted by the respective institute and personal interviews.

Certificate Programmes:

  • The minimum requirement for these programmes is graduation degree. However, some colleges may ask for a minimum aggregate of 50%.
  • Selection is done on the basis of personal interview. Few institutes also select students on the basis of entrance tests.

Bank PO Exams:

  • You can apply for bank PO exams only if you have pursued graduation with a minimum aggregate of 60%.
  • Candidates who have cleared both the stages (prelims and mains) of the PO exam are selected for group discussion and personal interview.
  • Composite score in PO prelims, PO mains, GD and PI is considered for selection as a Bank PO. However, some banks require candidates to pass the one-year diploma programme from the designated institutes before recruiting them as officers.
  • Candidates who have been shortlisted after PI or after the completion of the course are trained for bank jobs for 3 to 6 months and are then given jobs in different banks.

Banking Syllabus

Popular Subjects:

Banking Laws Commercial Bank Management Direct & Indirect Taxes
Financial Markets in India Foreign Exchange International Banking & Finance
Marketing of Financial Services Principles of Finance Economics of Global Trade & Finance
Business Policy & Strategic Management Management of Financial Services Modern Banking Theory

 

Career Options and Job Prospects

Salary options after pursuing MBA or 2-year PGDM courses are very bright as these are globally recognized courses. Fresh graduates can expect salary packages between Rs. 5 lakh to Rs. 12 lakh per annum depending on the skills of the individuals.

The salaries rolled out for Bank POs are also quite high. A bank PO can expect a starting salary package varying from Rs. 3.6 lakh to Rs. 4 lakh per annum. Banks like SBI may also offer salaries up to Rs. 5 lakh per annum.

The certificate and short-term diploma courses also offer good job opportunities if combined with well-paid internships. Candidates who pursue these courses along with internships can get packages varying from Rs. 2.5 lakh to Rs. 3.5 lakh per annum.

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