Banking, Finance & Insurance

Not necessarily! Most top MBA colleges accept fresh graduates, especially in India even IIM's also accept fresh graduates. However, 1to 3 years of work experience can help you understand real-world finance better and improve your chances for top-tier colleges or higher packages. Work experience also makes your profile stronger if you plan to specialize in investment banking, consulting or corporate finance while pursuing MBA Finance.

The college banking syllabus can surely provide a strong foundational base for students planning to appear for IBPS and SBI exams but a dedicated bank exam prep is extremely important because the college curriculum does not always cover banking awareness and computer aptitude in depth as is required to crack banking exams. You need to have an extremely strong quantitative aptitude, logical reasoning, and command over English to excel in the IBPS and SBI exams.

Colleges usually offer semester wise banking syllabi for various UG and PG courses like BCom, BBA and MBA in Banking, Finance and Insurance. The syllabus is spread across multiple 6-month-long semesters where you get to study concepts like financial accounting, investment banking, banking operations, wealth management, risk management, etc.

The Banking syllabus for Diploma courses differs based on the course type, whether it is after 10th, after 12th, or a PG Diploma and the college offering the program. Generally, there are core subjects, electives, and a project component in the final semester. You can find the list of some basic core subjects in the Diploma in Banking and Finance given here:

• Practices and Principles of Banking
• Banking Law and Practice
• Retail Banking
• Banking Products & Services
• Taxation
• Strategies for Banking Risk and Marketing Management
• Business Communication

Business Mathematics is not a compulsory subject in the Banking syllabus. While several colleges have it as part of the coursework for a BCom in BFSI or an MBA in Banking and Finance, it is not a prerequisite for any banking exam or job in the future. All you need is solid quantitative aptitude with knowledge of simple and compound interest, profit and loss, and data analysis to be able to apply these mathematical principles in a real-world scenario.

Yes. You will find case studies and industrial project work as integral components in the BCom in Banking syllabus across all top colleges to provide the students with enough practical exposure to banking operations and financial market scenarios. Live projects, case studies, and projects give you a real-world understanding, business acumen and analytical aptitude, which in turn enhance your future job readiness.