Online Bachelor of Banking & insurance has duration of three years and it is divided into six semesters in this students get knowledge regarding finance, banking, accounting and many others. It provides students knowledge regarding banking and insurance in both theoretical and practical way. It’s the best course for those students who want to continue their future in banking filed. For those who wish to pursue a career in the banking industry, a Online Bachelor of Banking & Insurance is a great career choice. It not only gives you theoretical insight, but also helps to apply it in practical terms and to provide students with sufficient exposure to industry reforms, new banking policies and regulations. With the assistance of numerous lectures, tasks and assignments, students are educated to better understand the complexities of finance.
It is an undergraduate level three years course divided into six semesters. 12 pass students who have scored 50-60% in 12 class can take admission in this course admission will be based on merit list or entrance exam. After completing the course starting package for the students is 1, 20,000 to 10, 00,000.
Syllabus of Online BBI course 2023:
| First year | Second year | Third year |
| Principle of management | Financial management 1 & 2 | Central banking |
| Micro economics 1 | Universal Banking | Auditing |
| Effective communication 1 & 2 | Management accounting | International Business |
| Management of financial service | Customer relationship | International banking |
| Financial accounting | Financial market | Portfolio management |
| Macro economics 1 | Entrepreneurship management | Business ethics |
| Effective communication 1 | Taxation of financial service | |
| Effective communication 2 | Cost accounting, insurance & banking | Banking project |
| Quantitative methods 1 | Financial reporting & analysis | Strategic management |
| Business law | Turnaround management | |
| Principles of banking & insurance | ||
| Introduction to computer system |
Career options in banking and insurance
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After completing the course students can apply for further studies or can start a job in banking, insurance, financing, auditing and accounting streams. CFP, CA and CS are the few certifications after having a few years experience in any filed.
Subjects in Online BBI:
- Principles of management
- Insurance
- Customer relationship
- Investor relations
- Financial markets
- Investment and portfolio management
- Cost accounting
- Banking laws
- Organisational behaviour
- Management accounting
- International banking
- Business ethics and communication
- Financial reporting and analysis
Online BBI Eligibility Criteria:
- 12 Pass students who have scored 50-60% marks in 12 class board exam
- Few universities have entrance exam for taking admission in online bachelor of banking and insurance these universities are Chandigarh university entrance exam, Naree monjee college of commerce & economics entrance exam
- For those students who want to go abroad for their higher studies, they need SAT scores with English proficiency test scores of IELTS/TOEFL, Statement of purpose (SOP) and letters of recommendation (LORs).
Detail description of subjects in Online Bachelor of banking and insurance course
Principles of management: Planning, directing, organization and cooperation are the part of management principles which helps the organization to work smoothly.
Financial reporting and analysis: Any company needs to know its financial state to make a decision easily. Finical reporting and analysis provide an accurate description of companies’ finances which includes revenues, expenses, profits, cash flow and capital.
Insurance: There are many topics like insurable interest, double insurance, proximate cause, subrogation, principles of indemnity, utmost good faith
Management accounting: Financial information of companies like an invoice and financial balance statement is shared with the management team so that they can go through the balance sheet and make a good decision for the betterment of the company
Customer relationship: Customers are an important part of any business, for making good customer relationship every company need people who know how to talk smoothly with customers.
Investor relations: Investors are also an important part for any organization because if any organization will not have good investors who can invest in their company and project they the organization won’t be able to run smoothly.
Investment and portfolio management: To check a group of investors which meet long term financial objectives and can bear the risk of the company. Portfolio managers work on behalf of clients.
Financial markets: Knowledge regarding the financial market and its product are also important; to know recent changes and local financial regulation is important for every organization.
Organisational behaviour: Organisational behaviour is to get knowledge regarding the organization, human behaviour and organization and human behaviour interface.
Cost accounting: Cost accounting motive is to know all the cost of production, fixed or variable both cost, all input cost. Four types of cost accounting are there marginal costing, standard costing, activity-based costing and lean accounting.
Banking laws: Banking law is to know how the company and banks work. Banks should follow local, state and federal regulations. This is to provide transparency to customers, to prevent customers from risk, to provide fair banking.
International banking: International banking is an agreement between two different countries banks. Multinational companies and individuals use this banking for transactions. International transactions like bill payments, currency conversion, overdrafts, loan, and deposits can be done through international banking.
Business ethics and communication: Information provides to company or customers should be accurate. Value system should be well managed. Critical information which is conveyed should be appropriate. Good relation with customers. Strong conversation skills should be there.
Universities offering Bachelors degree in banking and insurance:
- Barney school of business, University of Hartford
- Terry school of business, University of Georgia
- Wisconsin school of Madison, University of Wisconsin-Madison
- Cass business school, City University of London
- Odette School of business, University of Windsor
- University of Greenwich business school, University of Greenwich
- Alberta school of business, University of Alberta
- Conrad school of entrepreneurship and business, University of Waterloo
- UBC Sauder School of business, University of British Columbia
- Faculty of business, Humber College
- Lubin School of business, Pace University
- Columbia business school, University of Columbia
- Joseph L. Rotman School of Management, University of Toronto
- Job opportunities after completing bachelors of banking & insurance:
Hedge fund opportunities
Investment banking
Private equity and venture capital industry
Commercial banking
Corporate finance
Companies’ students can apply after completing Online BBI course
- Infosys
- Deloitte
- TCS
- Amazon
- PwC
- Capgemini
- EY
- Accenture
Higher courses after Online BBI course:
Certified public accountant (CAP):
The certified public accountant is a certification process which checks student’s knowledge regarding auditing, business environment, financial accounting. The certified public accountant is a 4 hours paper which should be completed in 18 months.
Financial risk management (FRM)
Financial risk management is a certification process which checks student’s knowledge regarding financial analysis and modelling concepts.
Chartered financial analyst (CFA)
A chartered financial analyst is a three-level certification process students have to clear all three levels.
