About Banking and Finances Banking and Finances are the study of financial management, banking methods, planning, rules, and regulations, functioning and analyzing financial markets. Financial Management plays a significant role in any organization or business, helping the organization to invest and manage its funds appropriately, which would improve the organization's economic stability. The student who pursues this course would fit in any organization. All the organizations and companies would have a dedicated section for finance or accounts. This course is quite intellectually challenging and task-driven, but it is equally rewarding, leading to high paying jobs. The course makes its pursuer think critically and would bring out potential problem solving, decision making, and managing skills to improve any industry. This field would not only train its pupils to understand the current syllabus but would also enable them to explore the challenges ahead. Under this course, the student would be learning different Finance methods, Investment Banking, Risk management, Taxation, Financial Analysis, Corporate Finance, Insurance Law, Wise investments and Controlling Costs. The course would offer a diverse career opportunity from the entry-level jobs like being Clerk to Bank Manager or Chief Finance Officer. The course is available at Degree, Master's Degree, Doctorate and Diploma levels. After completing the undergraduate program, the students could go for higher studies or start working. The students with excellent interpersonal skills, general knowledge, communication skills, calculative mind, excellent mathematical skills, and interest in numbers could choose this field. Scope of the Banking & Finance stream The students with Banking and Finance degrees are in huge demand all over the world. The course in Banking and Financing would prepare its students to pursue their careers in accounting, banking and tax preparation. There are job opportunities in the private and public sectors. The finance departments of government provide plenty of job opportunities along with government bank jobs to the students with finance and banking degree. The students could pursue higher education. The various job roles are Financial analyst, Financial Planner, Bank Managers, Loan officers, Financial Advisor, Insurance Advisor, Investment Banker, and Loan Officer. Popular Programs in Management and Business stream Under Graduate: Post Graduate: Doctorate: Diploma: Popular Specializations Finance, Insurance and Risk Management, Business statistics, Banking, International Finance, Economics, usiness Finance, Financial Planning, Financial Reporting, Marketing Management, Strategic Financial Management, Quantitative finance, Investments, corporate finance, Banking Operation, Retail Banking. Affiliating Bodies Eligibility Criteria Under Graduate: The candidate must have 50% aggregate in 10+2 commerce stream. Post Graduate: The candidate must have 45% to 50% aggregate in 10+2 and degree in commerce stream. Doctorate: The candidate must have 55% aggregate in Post-Graduation in Commerce stream. Diploma: The candidate must have cleared 10+2. Enrollment Process: Merit and University based entrance exams. Qualifying Entrance Exams UGC NET, and University based entrance exams. Jobs/ Career Opportunities Under Graduate: Clerk, Accountants, Recovery agent, Finance Analyst/planner, Loan officer. Post Graduate: Business Analyst, Accountant, Finance Director, Chief Financial officer, Marketing Manager, Corporate analyst and Investment Banker. Doctorate: Equity Research Analyst, Professor, Investment Manager and Insurance Manager. Diploma: Insurance officer, Corporate analyst, Clerk, Financial advisor. Salary Range Potential Recruiters Banks, Business consultants, Colleges, Business schools, Finance commerce and Banking Sectors, Investment firms, Insurance Industry, Market Research, Universities, Finance firms, Banks, Insurance companies, Auditing sectors. Frequently Asked Questions Q1. Who is a Financial Consultant? A Financial consultant is the one who provides advice related to investment, insurance and tax to any organization. Q2. What are the entry-level prospects for MBA? The student could get into General Management, corporate finance and Equity Research. Q3. What are the different job roles in Banks? One can be appointed in Banks as a Clerk, Grade 1 officer, and Grade 2 officer (Manager.) Q4. What are the famous job roles for students who have a degree in Finance and Banking? Financial Analyst, Accountant, Financial Planner, and Financial Advisor. Q5. Can one secure a job in banks with a banking & finance degree? The Banks offer entry-level jobs for B.Com Finance and Banking students. Q6. Other than Banks and Finance firms where else could Finance and Banking stream students could find jobs? The scope is huge, and the students could find jobs in Health Departments, Indian Civil Services, Business Schools and also Automobile Industry. Q7. What is the duration of a Diploma in Finance and Banking? The duration of the Diploma course in Finance and Banking is one year. Under Graduate 2 to 8 LPA. Post Graduate 3 to 10 LPA. Doctorate 5 LPA to 10 LPA. Diploma 3 LPA to 6 LPA.