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    BBI - Bachelor Of Banking & Insurance Finance And Banking

     
    Course Duration
    3 years
    Course Level
    UG
    Fees
    20000 / 300000
     

    Bachelor of Banking & Insurance (BBI) Course Details: Admission, Eligibility, Fees, Job Scope, Salary


     

    Bachelor of Banking & Insurance (BBI) Course Details

    Course Name

    Bachelor of Banking & Insurance

    Degree

    Undergraduate

    Duration

    3 years/ 6 Semesters

    Similar Degree Courses

    Bachelor of Business Management (BBM), Bachelor of Business Administration (BBA), Bachelor of Management Studies (BMS), Bachelor of Arts (BA), etc.

    Entrance Exam

    Mostly merit based. Some of the top colleges in India that offer Bachelor of Banking & Insurance (BBI) courses have an entrance exam-based admission process. The following are some popular Bachelor of Banking & Insurance (BBI) entrance exams:

    • Chandigarh University Entrance Test
    • Naree Monjee College of Commerce & Economics Entrance Exam
    • Mumbai University Entrance Test 
    • Paul`s College, Ulhasnagar Entrance test
    • N.N. College, Thane Entrance Test

    Eligibility

    A minimum of 50% in the 10+2 in any stream (preferably commerce) from recognized board.

    Mathematics as one of the mandatory subjects

    Fees

    INR 14,000 – 5 Lakhs Per Annum

    Job Scope

    Job profiles after Bachelor of Banking & Insurance (BBI):

    • Accountant
    • Banker
    • Finance Officer
    • Financial Advisor
    • Financial Analyst
    • Insurance Manager
    • Investment Banker
    • Marketing Agent
    • Private Equity
    • Sales Representative

    Salary

    INR 1.2 – 10 Lakhs Per Annum

    Scope for Higher Studies

    M.Com in Banking and Insurance, M.Com in Banking and Finance, MBA, MIM, Certified Public Accountant (CPA), Chartered Accountancy (CA), Company Secretary (CS), Professional in Banking and Insurance (PBI), Master in Banking, Finance, and Insurance (MBFI), Master of Finance and Control(MFC), CFA, etc.


     

    Bachelor of Banking & Insurance (BBI) Course - FAQs


     

    What is Bachelor of Banking and  Insurance  (BBI) ?

     

    The Bachelor of Banking and Insurance (BBI) programme lasts three years and is divided into six semesters. It is designed to provide training in areas such as finance, banking, accounting, insurance law, and insurance regulations, among others. BBI covers subjects in the banking field and commerce field. BBI helps students understand how to effectively use the technologies used in banking and insurance. Candidates will gain a comprehensive understanding of the banking and insurance industries over the course of the course. In most universities, the BBI course includes both practical and theoretical sessions.

    BBI course also covers the various laws that govern banking, insurance, and financial institutions. Curriculum and teaching methods may differ from one institute to another. Candidates will, however, be prepared to deal with real-world banking and insurance challenges.

     

    What are the Eligibility Criteria for Bachelor of Banking & Insurance (BBI)?

     

    Candidates must have completed 10+2 or an equivalent examination from a recognized board of education in order to apply for Bachelor of Banking & Insurance. Candidates must obtain at least 50 percent to 60 percent of the available marks. Along with the essential criteria, students who want to pursue Bachelor of Banking & Insurance (BBI) must pass the standard entrance examinations with good grades. The passing rate varies from college to college. At the time of admission, all necessary original documents, mark sheets, and certificates must be presented.

     

    What is the Syllabus covered under Bachelor of Banking & Insurance (BBI)  

     

    The three-year Bachelor of Banking & Insurance (BBI) programme is divided into six semesters, with end-of-semester exams held after each semester. The Bachelor of Banking & Insurance course`s discipline-specific syllabus will include domain-specific subjects The table below shows a year-by-year distribution of the syllabus:

     

    Year I

    Year II

    Year III

    Business Law

    Universal Banking

    Central Banking

    Effective communication 1&2

    Financial Market

    Auditing

    Financial Accounting

    Taxation of Financial Services

    International Banking

    Introduction to Computer System

    Cost Accounting Insurance & Banking

    Banking Project

    Macro Economics 1

    Financial reporting & Analysis

    Portfolio Management

    Management of Financial Services

    Entrepreneurship management

    Strategic Management

    Principles of Banking & Insurance

    Customer Relationship

    International Business

    Principles of Management

    Financial Management 1&2

    Business Ethics

    Quantitative Methods

    Management Accounting

    Turnaround Management

     

    Is it mandatory to be a commerce student to pursue BBI?

     

    There is a widespread misconception that banking and finance programmes can only be pursued by students with a business background. Candidates from the sciences and arts can also be admitted to banking and insurance programmes.

     

    Is there any entrance exam for Bachelor of Banking & Insurance (BBI)?

    There are numerous entrance exams available for students seeking a Bachelor of Banking & Insurance (BBI) degree. Some of the top 5 entrance exams for BBI after 12th grade are as follows:

    • Chandigarh University Entrance Test
    • Naree Monjee College of Commerce & Economics Entrance Exam
    • Mumbai University Entrance Test 
    • Paul`s College, Ulhasnagar Entrance test
    • N.N. College, Thane Entrance Test

     

    What is the scope after Bachelor of Banking & Insurance (BBI)?

     

    After graduation, Bachelor of Banking & Insurance (BBI) graduates have a wide range of opportunities. Since commerce, finance, and other related domains have been accepted as a universal language throughout the world, the Bachelor of Banking & Insurance (BBI) is in high demand. Candidates who successfully complete the Bachelors of Banking and Insurance can pursue further studies or begin a career in the banking, insurance, financing, auditing, and accounting sectors, depending on their interests. Banking employees are in high demand in both the private and public sectors in the current era. By giving an interview in any private bank or MNC, one can directly get a job after completing the BBI course. They may start out with a low salary, but as they gain experience, their salary will rise. Some graduates may also pursue a career in research. For better employment opportunities and salary packages, one can begin working with reputable and nationalized banks, MNCs, and the finance sector.

     

    Is math compulsory in class 12 to get into the BBI course?

     

    Yes, in order to pursue the Bachelor of Banking & Insurance (BBI) Course, you must have completed class 12 with mathematics (compulsory) as one of the main subjects.

     

    What are the Career Prospects and Job Profiles for Bachelor of Banking & Insurance (BBI)?

     

    Since commerce, finance, and other related domains have been accepted as a universal language on a global scale, the opportunities for career advancement are excellent. Some of the Bachelor of Banking & Insurance (BBI) job profiles are:

    • Accountant
    • Banker
    • Cashier
    • Credit and Risk Manager
    • Finance Officer
    • Financial Advisor
    • Financial Analyst
    • Insurance Manager
    • Investment Banker
    • Loan Counselor
    • Marketing Agent
    • Private Equity
    • Sales Representative

     

    What are the top recruiting companies for Bachelor of Banking & Insurance (BBI) graduates?

     

    • Accenture
    • Aditya Birla Sun Life Insurance Co. Ltd.
    • Amazon
    • Bajaj Allianz Life Insurance Co. Ltd.
    • Capgemini
    • Deloitte
    • EY
    • HDFC Standard Life Insurance Co. Ltd.
    • ICICI Prudential Life Insurance Co. Ltd.
    • Infosys
    • Kotak Mahindra Life Insurance Co. Ltd.
    • Max Life Insurance Co. Ltd.
    • PwC
    • SBI Life Insurance Co. Ltd.
    • TATA AIA Life Insurance Co. Ltd.

     

    What are the skills required by candidates who want to pursue BBI?

     

    The Bachelor of Banking and Insurance can be pursued by every student from any stream who possesses these major skills:

    • Ability to accomplish huge loan files 
    • Ability to learn new things and new environment of the company.
    • Basic Knowledge about the Industry 
    • Good Business skill
    • Good Knowledge of Foreign Exchange 
    • Good knowledge of the Banking sector
    • Specialization in a particular area like credit analysis skills 
    • Strong Communication Skills 

     

    What are the Higher Studies options after Bachelor of Banking & Insurance (BBI)?

     

    This degree programme provides a solid foundation for advanced degree programmes such as Master of Commerce in Banking and Finance, Master of Commerce in Finance, Master of Commerce in Taxation, PhD course and so on. Finance is becoming increasingly popular. Candidates with a few years of professional experience in the respective field can pursue certifications such as CFP, CA, and CS to further diversify their knowledge.

     

    Top Colleges for Bachelor of Banking & Insurance (BBI) 

     

    1. Andrew College of Arts Science & Commerce, Mumbai
    2. Jain University, Bangalore
    3. Institute of Management- Christ University, Bangalore
    4. Joseph College of Commerce, Bangalore
    5. Lady Shri Ram College for Women, Delhi
    6. Loyola College, Chennai
    7. Narsee Monjee colleges of Commerce and Economics, Mumbai
    8. Shri Ram College of Commerce, Delhi
    9. Symbiosis College of Arts and Commerce, Pune
    10. Xavier`s College, Mumbai

     

    Top BBI Colleges in Delhi

     

    • B.S. Group of Institutions
    • Deen Dayal Upadhyaya College
    • Guru Gobind Singh Indraprastha University
    • Hindu College
    • Institute of Finance Banking and Insurance
    • LSR College
    • Maharaja Surajmal Institute of Technology
    • National Law School of National University
    • SRCC
    • Vidya Institute of Technology & Management

     

    Top BBI Colleges in Mumbai

     

    • Andrew College of Arts Science & Commerce
    • Jai Hind College
    • KES Degree College of Commerce & Economics
    • LS Raheja College of Arts and Commerce
    • Maharshi Dayanand College of Arts Science & Commerce
    • MK Sanghvi College of Commerce & Economics
    • Tolani College of Commerce
    • Narsee Monjee colleges of Commerce and Economics
    • Xavier`s College
    • Rizvi College of Arts Science & Commerce

     

     
    Admission Process

    Mentioned in Description

     
    Higher Education Scope

    M.Com in Banking and Insurance, M.Com in Banking and Finance, MBA, MIM, Certified Public Accountant (CPA), Chartered Accountancy (CA), Company Secretary (CS), Professional in Banking and Insurance (PBI), Master in Banking, Finance, and Insurance (MBFI), M

     

    FAQs

     

    Write to Us

Eligibility

A minimum of 50% in the 10+2 in any stream (preferably commerce) from recognized board. Mathematics as one of the mandatory subjects

Course Details

Course Type : Finance and Banking

Course After : 12th

Mode : Classroom

Cut Off : 50

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