About Banking Courses
The banking industry is among the most significant in the Indian economy. After graduation, students from the commerce stream often pursue careers in banking. MBA in Banking and Finance, M Com Banking, and PGDM in Banking are among the banking courses offered by business and management colleges. Students who have completed their graduation with a minimum of 60% and have performed well on the CAT, MAT, or GD/PI rounds are eligible to apply for these courses.
The banking industry has changed over time as a result of significant expansion in the financial sector and technological breakthroughs. But as more sub-domains in the banking industry develop, professionals with a wide range of domain expertise are highly sought after. Universities all over the world are now able to offer a wide variety of Banking courses as a result. In addition to the Diploma in Banking and Finance, there are several short-term banking courses offered after graduation for those interested in a banking career.
Banking courses give an introduction to the various banking administrations, services, and monetary organizations. A banking course student looks at the standards of banking exchanges and the different services that are provided by a bank. Topics included in a banking course are the history of banking, asset handling, methods, accounting, advances or loans, investments, and trust activities. In a banking course, a student additionally understands the functions of the Federal Reserve.
Banking Courses Highlights
Let's look at the Banking Courses highlights at the table below -
| Particulars | Details |
| Top Specializations | Banking, Finance, Accounting, Economics, Chartered Accountant, Insurance |
| Popular Banking Certification | Certified Financial Planner, Chartered Mutual Fund Counselor, Certified Public Accountant, Certified Management Accountant |
| Top Banking Courses | BSE Banking & Finance, PGDM Banking & Finance, Actuarial Science, MBA in Banking and Accounting |
| Top Banking Colleges | Jamia Millia Islamia University, IIM Kozhikode, IIM Ahmedabad, GIM Goa, FMS Delhi |
| Salary of a Banker in India | INR 1 LPA – 8 LPA |
| Top Banking Jobs | SBI PO, RBI Assistant, NABARD Development Assistant, IBPS PO, SBI Clerk, RBI Grade B Officer, etc. |
| Top Banking Skills | Analytical Skills, Financial Reporting, Data Management, Business Intelligence, Financial Modeling, Accounting Skills |
Banking Courses Eligibility
While qualifying for any banking course or college varies, the following are some of the standard eligibility requirements for various banking courses:
- In order to be eligible for short-term and diploma programs in banking, students must receive at least 50–60% of their possible points in class 10 and class 12 exams from an accredited board.
- Students must earn the minimum required score on any MBA entrance exam and 50–60% of their graduation credits to be eligible for banking courses after graduation.
- Students must pass bank PO exams or bank exams administered by private banks in order to be eligible for banking courses offered by government or private banks.
- If a student has a strong GPA, the minimum necessary scores on the GMAT, SAT, or GRE, the minimum qualifying scores on the IELTS or TOEFL, a statement of purpose, and a letter of recommendation, they can also apply to bank courses overseas.
Types of Banking Courses
There are numerous banking courses to choose if one wants to work as a banker. We go over a few of those banking courses below -
Banking Laws
- Banking laws regulate how banks and other financial institutions carry out their operations.
- Customers are given fair banking services by the banking laws.
- It offers equal banking opportunities and deters financial crimes.
- People are advised to refrain from misusing banking services to launder money.
Management of Financial Services
- Financial service management is the process of raising money and giving it to clients who need it.
- In order to support industrial development, financial service companies must mobilize savings and give them access to investable channels.
Foreign Exchange
- The foreign exchange market serves as a platform for bankers to transact national currencies on the international financial market.
- Bankers can purchase, sell, and exchange currencies on the global market through the foreign exchange market.
Direct & Indirect Taxes
- Taxes levied on an individual's or property's income and profits are known as direct taxes.
- Moreover, taxes on goods and services are referred to as indirect taxes.
- Taxpayers who owe direct taxes can make their payments to the government directly.
- However, with indirect tax, an individual can transfer the tax to a business that owes them money.
Process of Starting a Career in Banking
In order to start a career in the banking industry, an aspirant banker needs to take a few essential steps. The steps to pursue this career are as follows -
- Selecting a Degree or Diploma: Initially, obtaining a certificate in a banking course leading to a UG degree, diploma, PG degree, or PG diploma is mandatory for anyone aspiring to become a successful banker. The best banking courses include the Certificate in Banking and Finance, the Diploma in Banking, Economics, and Finance, and the Bachelor's Degree in Banking.
- Select the Right College or Institute: If you want to take the banking course, select the right college so that you can complete the coursework and graduate with a degree or diploma.
- Prepare for Banking Entrance Exams: After completing a banking certificate, diploma, or degree program, get ready for the annual banking exams held by various banks.
- Acquire Work Experience: Complete an internship program at any bank and work under a Senior Level Banker to become a successful banker. It aids in understanding the operations and functions of a bank.
Banking Courses after 12th
After the 12th board exam, candidates will have a wide choice of courses to choose from. A banking course can be taken by anyone from any stream -
Banking Certification Courses in India
Students who take banking certification courses benefit from learning about current practices, trends, and specializations in this industry. Executives and professionals can become experts in their particular job profiles by enrolling in banking certification courses in India -
| Certificate Name | Fees | Duration |
| PG Certificate in Banking | INR 50,000 | 2 years |
| PG Certificate in Banking and Finance | INR 50,000 | 2 years |
| Certificate in Bank Analysis | INR 20,000 | 5 days |
| Advanced Certificate in Commercial Banking | INR 40,000 | 2 months |
| Advanced Certificate in Banking Laws and Loan Management | INR 40,000 | 3 months |
| Certificate Course in Banking Management | INR 47,000 | 2 months |
| Certificate in Banking | INR 15,000 | 1 month |
| Certificate in Rural Banking | INR 10,000 | 1 month |
Diploma in Banking Courses
After completing the12th grade, many students pursue a popular banking diploma program in banking and finance, which aims to improve their knowledge of the procedures and techniques used in the banking industry, which deals with the quickly evolving finance sector -
| Diploma Courses Name | Fees | Duration |
| Diploma in Banking And Finance | INR 40,000 | 1 year |
| Diploma in Banking | INR 40,000 | 1 year |
| Post-Degree Diploma in Global Banking and Economics | - | 2 years |
| PGD in Management in Banking, Insurance, and Financial Service | INR 45,000 | 2 years |
Bachelor's Degree in Banking Course
The fundamentals of subjects like risk management, financial management, security analysis, and derivatives markets are covered in a bachelor's degree program. These banking courses give students the tools they need to handle a range of financial issues in the banking industry.
| Course Name | Fees | Duration |
| BBA in Banking and Finance | INR 9,00,000 | 3 years |
| BBA Banking and Insurance | INR 10,00,000 | 3 years |
| Bachelor in Finance and Banking | INR 7,00,000 | 4 years |
| B.Com in Banking & insurance | INR 10,00,000 | 3 years |
| BSc Banking & Finance | INR 8,00,000 | 3 years |
Masters in Banking Courses
After completing graduation, students can specialize in a particular area of interest by enrolling in banking courses like the Master's degree. The course prepares students to make decisions by using financial data and accounting statements -
| Courses | Fees | Duration |
| MBA in Finance Management | INR 6,00,000 | 2 years |
| MBA in Banking and Finance | INR 20,00,000 | 2 years |
| MBA in Banking and Insurance | INR 7,00,000 | 2 years |
| M.Com in Banking and Insurance | INR 1,00,000 | 2 years |
| Master’s Degree in Banking | INR 5,00,000 | 2 years |
Banking Courses Offered by Banks
Banking Industry is the backbone of the economic development of a country. The banking industry offers courses to the learners and also their employees to pursue a certificate. Here are some banks that offer the courses -
State Bank of India (SBI)
SBI is an Indian Multinational, Public Sector Banking Company that provides banking, insurance as well as financial Service to its customers. It offers many courses, like -
- Certificate program in general insurance
- Certificate and training in digital banking business model
- Certificate in relationship marketing strategy for financial services
- Certificate in corporate credit
- Certification in credit risk management
- SBI Bank Jobs After 12th
- The various SBI bank jobs after the 12th are the following,
- Advisor (Operations Support Subsidiary)
- Assistant Manager (Routing and switching)
- Assistant Manager (network security specialist)
- Deputy Chief Technology Officer (Core banking)
- Chief Technology Officer
- Chief Information Officer
- Zonal Sales Manager
Yes Bank
Yes Bank is an Indian private sector bank for Investment banking, Merchant Banking and Brokerage businesses, and Mutual Fund business through Yes Asset Management of India. The courses offered by Yes Bank are-
- PGP in Branch Banking Services
- PGDM in Banking & Finance
- Certified Financial Planner
- Certificate in HDFC Trade Finance Program
ICICI Bank
ICICI bank ltd. is a private-sector Indian bank providing equipment finance for the development and modernization of business in non-public sectors. Banking courses offered by ICICI bank are-
- PGD in Banking
- PG Certification Course in Banking
- MBA in Finance and Banking
HDFC Bank
HDFC Bank is the largest private-sector financial service bank located in India. HDFC bank ltd mainly deals with wholesale banking, retail banking, personal loans, property loans, consumer durable loan, credit cards, etc. Banking courses offered by the HDFC Bank Ltd. are as follow as-
- Training Program in Trade Finance Program
- Training in Business Banking Relationship Manager Program
Top 10 Banking Courses Online
The following listed are the top 10 banking courses online, that various universities and colleges offer via online learning platforms:
| Provider | Fees | Courses Available |
| Plutus | INR 9,000 | Bank PO |
| Vidya Guru | INR 11,000 | Banking |
| Coursera | Free | Economics of Money & Banking; Future of Payment Technologies; Financial Markets; Forensic Accounting & Fraud Examination |
| Udemy | INR 455 | Digital Banking; Accounting Finance & Banking; Relationship Manager in Corporate Banking; IBPS Bank PO; Bank Accounting; Banking Law; Banking Credit Analysis Process; etc. |
| Unacademy | INR 867 | Banking |
| Top Rankers | - | Banking |
| Career Power | - | Banking |
| Oliveboard | - | Banking |
| Adda247 | INR 22,799 | Banking and Finance |
| edX | INR 1,828 | Banking and Financial Markets; Investment Banking & Finance; Credit Risk Management, etc. |
Banking Courses Syllabus
| First Year | |
| Principles of management | Microeconomics 1 |
| Effective communication 1 & 2 | Management of financial services |
| Financial accounting | Macroeconomics 1 |
| Effective communication 1 | Effective communication 2 |
| Quantitative methods 1 | Business law |
| Principles of banking & insurance | Introduction to computer systems |
| Second Year | |
| Financial management 1 & 2 | Universal banking |
| Management accounting | Customer relationship |
| Financial market | Entrepreneurship management |
| Taxation of financial services | Cost accounting, insurance, and banking |
| Financial reporting & analysis | |
| Third Year | |
| Central banking | Auditing |
| International business | International banking |
| Portfolio management | Business ethics |
| Banking project | Strategic management |
| Turnaround management | |
Top Colleges for Banking Courses
Top Colleges for Banking Courses in Delhi
Top Colleges for Banking in Mumbai
Top Colleges for Banking in Ahmedabad
Top Colleges for Banking in Pune
Scope of Banking Courses
In this way, picking banking as a profession is a balanced choice in today's market for those keen on developing quickly in their careers. Going for a banking course is a wise choice for individuals who wish to get an introduction to world markets at the beginning of their profession itself. If an individual wants to work abroad then the banking sector gives many opportunities to do so.
Various factors like digitization of currency, government reforms, more and more opening of banks and its branches have made the banking career desirable for a lot of individuals. Banking as a career gives chances to aspiring students from all subjects. For example, in the event that if one is pursuing a banking course like BA in banking then they can get put with a bank as procedure executive. Organizations, for example, GE Money, Max New York and driving banks, for example, ICICI, HSBC, HDFC, Standard Chartered, American Express are some examples of organizations where students can work.
Following are some of the Job Profiles and Top Recruiters -
| Job Profiles | Description | Average Annual Salary |
| Account Clerk | An employee of a bank who deals with customers, receives and pays out money and many other days to day tasks. A bank clerk serves as the primary point of contact for most bank customers, administering most basic banking transactions and answering questions. | INR 3,00,000 |
| Loan Clerk | They are people who work for banks and other financial institutions with the main objective to recommend individual and business loan applications for approval and participate in the front end of the mortgage origination process. | INR 1,98,000 |
| Bank Probationary Officer | The Probationary Officer of a bank will look after public relations, monitor and regulate branch activities and tasks, address customer related issues and grievances, approve and monitor daily branch and customer transactions and handle loans. | INR 5,00,000 |
| Bank Specialist | Bank Specialists are responsible for managing the electronic banking systems, which include online banking services, ATM services, etc. | INR 3,50,000 |
| CEO | They are responsible for creating the operational policies, guidelines, and procedures needed to run the bank and for making decisions about how to manage it. | INR 20,00,000 |
| Bank Teller | Their responsibility is to offer bank services to customers, such as account opening and cash transactions. | INR 2,70,000 |
Top Recruiters
Some of the top recruiters at banks are as follows -
| Top Recruiters | |
| State Bank of India | ICICI Bank |
| Yes Bank | HDFC Bank |
| Axis Bank | Canara Bank |
| Punjab National Bank | Indian Overseas Bank |
| Allahabad Bank | Andhra Bank |
| Federal Bank | Bank of Maharashtra |
| Airtel Payments Bank Ltd. | Punjab & Sind Bank |
| National Housing Bank | NABARD |
| Indian Bank | Bank of Baroda |
| Bank of India | IDBI Bank |
| Citibank | Kotak Bank |
| LIC Housing Finance | Central Bank of India |
Check out the Salary Breakdown of Different Courses in the section below -