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B-COM in Banking Insurance at Anupama College of Management & Science
Bengaluru, Karnataka
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About the Specialization
What is Banking & Insurance at Anupama College of Management & Science Bengaluru?
This Banking & Insurance specialization program at Anupama College of Management & Science focuses on equipping students with comprehensive knowledge and skills vital for India''''s rapidly evolving financial sector. It delves into the intricacies of banking operations, financial markets, and insurance principles, preparing graduates for dynamic careers. The program is designed to meet the growing industry demand for skilled professionals in these critical segments of the Indian economy, emphasizing both theoretical understanding and practical application relevant to the country''''s unique financial landscape.
Who Should Apply?
This program is ideal for 10+2 graduates seeking entry into the thriving banking, finance, and insurance industries in India. It also suits individuals aiming to build a strong foundational career in financial services, including roles in public and private banks, insurance companies, and financial advisory firms. Specific prerequisite backgrounds typically involve a strong aptitude for numbers and an interest in financial markets, though no prior specialized commerce knowledge is strictly required beyond the 10+2 level.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles such as Bank Probationary Officers, Financial Advisors, Insurance Agents/Underwriters, Credit Analysts, and Wealth Managers. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with experienced professionals earning significantly more. Growth trajectories are robust, often leading to managerial and leadership positions within Indian financial institutions. The curriculum often aligns with professional certifications like NISM and IRDAI licensing exams, boosting career prospects.
Student Success Practices
Foundation Stage
Build Strong Accounting & Economics Fundamentals- (Semester 1-2)
Focus intently on mastering core concepts in Financial Accounting and Business Economics. Use textbooks, online tutorials, and practice problems regularly. Join study groups to discuss complex topics and clarify doubts early on. This forms the bedrock for advanced finance subjects.
Tools & Resources
NCERT textbooks (Class 11/12 Commerce), Khan Academy (Economics), ICAI study material (for conceptual clarity), Peer study groups
Career Connection
A solid grasp of these fundamentals is essential for cracking entry-level banking exams, financial analyst roles, and understanding financial statements, which are core to any finance-related career.
Enhance Quantitative Skills with Practical Applications- (Semester 1-2)
Beyond theoretical understanding of Business Mathematics and Statistics, actively seek out practical applications using spreadsheets. Learn to solve problems related to interest calculations, data analysis, and basic financial modeling in Excel to improve analytical abilities.
Tools & Resources
Microsoft Excel, Google Sheets, YouTube tutorials for ''''Excel for Finance'''', Online quizzes on quantitative aptitude
Career Connection
Quantitative aptitude is a major component of competitive exams for banking (IBPS, SBI PO) and is critical for roles in financial analysis, risk assessment, and actuarial science.
Develop Effective Communication and Digital Literacy- (Semester 1-2)
Actively participate in English language classes, mock presentations, and group discussions to hone communication skills. Simultaneously, focus on acquiring digital literacy by mastering basic office productivity tools and understanding cyber hygiene. Embrace digital platforms for learning and collaboration.
Tools & Resources
Grammarly, Coursera/edX courses on ''''Business Communication'''', LinkedIn Learning for ''''Microsoft Office Essentials'''', Google Digital Garage
Career Connection
Strong communication is vital for client interaction in banking and insurance, while digital literacy is non-negotiable for efficiency and navigating modern financial technology (FinTech) environments.
Intermediate Stage
Deep Dive into Banking & Insurance Specific Electives- (Semester 3-5)
Engage deeply with the Discipline Specific Electives (DSEs) related to Banking and Insurance. Go beyond syllabus requirements by reading industry journals, financial news, and case studies specific to Indian banks and insurance companies. Understand regulatory frameworks like RBI and IRDAI.
Tools & Resources
The Economic Times, Livemint, RBI website (for reports/circulars), IRDAI website (for regulations), NISM study material for certifications
Career Connection
Specialized knowledge directly prepares you for roles in banking operations, insurance underwriting, claims processing, and compliance within financial institutions.
Pursue Internships and Industry Projects- (Semester 4-5)
Actively seek out internships, even short-term ones, with local banks, insurance agencies, or financial advisory firms. Participate in college-organized industry projects or create your own small projects to apply theoretical knowledge to real-world scenarios in the Indian financial context.
Tools & Resources
College placement cell, LinkedIn Jobs, Internshala, Industry contacts through faculty
Career Connection
Internships provide invaluable practical experience, networking opportunities, and a significant boost to your resume for placements in leading financial companies.
Network and Participate in Competitions- (Semester 3-5)
Attend industry seminars, workshops, and webinars (often free or subsidized for students). Join finance-related student clubs and participate in inter-collegiate quizzes, debate competitions, or stock market simulation games to test your knowledge and build a professional network.
Tools & Resources
Financial conclaves organized by local chambers of commerce, College clubs, Online platforms for finance games (e.g., Dalal Street Investment Journal contests)
Career Connection
Networking opens doors to mentorship and job opportunities, while competition participation enhances problem-solving skills and demonstrates initiative to potential employers.
Advanced Stage
Prepare Rigorously for Placements & Competitive Exams- (Semester 6)
Start preparing for placement drives early. Practice aptitude tests, group discussions, and mock interviews tailored for banking and insurance sectors. For those interested in public sector banking, dedicated preparation for IBPS/SBI PO exams is crucial.
Tools & Resources
Online aptitude test platforms (e.g., IndiaBix), Placement training modules provided by college, Professional interview coaches, Previous year question papers for bank exams
Career Connection
Targeted preparation significantly increases your chances of securing placements with reputable firms and succeeding in highly competitive public sector examinations.
Undertake a Comprehensive Project or Research- (Semester 6)
Engage in a final-year project or research paper focusing on a contemporary issue in Indian banking or insurance (e.g., FinTech adoption, micro-insurance in rural India, NPA management). This allows for in-depth specialization and demonstrates research capabilities.
Tools & Resources
Access to academic databases (JSTOR, EBSCO), University library resources, Faculty mentors, Statistical software (Excel, R/Python basics)
Career Connection
A well-executed project showcases analytical skills, domain expertise, and problem-solving abilities, which are highly valued in roles like research analyst, financial consultant, or even for higher studies.
Explore Professional Certifications and Upskilling- (Semester 5-6 (ongoing))
Consider pursuing industry-recognized certifications like NISM (for various financial market modules), IRDAI (for insurance agents), or basic certifications in financial modeling. Upskill in areas like data analytics for finance or digital banking tools, which are increasingly sought after.
Tools & Resources
NISM certification portal, IRDAI exam registration, Online courses (Coursera, Udemy) on ''''Financial Modeling with Python'''' or ''''R for Finance''''
Career Connection
These certifications and specialized skills differentiate you in the job market, lead to better job roles and salary prospects, and indicate a commitment to continuous professional development in the finance industry.
Program Structure and Curriculum
Eligibility:
- Pass in 10+2 / PUC II (Pre-University Course) or equivalent examination from a recognized board/council.
Duration: 3 years (6 semesters)
Credits: Approximately 140-160 (depending on chosen electives) Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BNUBSC101 | Financial Accounting - I | Core | 4 | Accounting Concepts, Journal and Ledger, Trial Balance, Final Accounts of Sole Proprietorship, Consignment and Joint Venture |
| BNUBSC102 | Business Studies | Core | 4 | Nature and Scope of Business, Forms of Business Organizations, Business Environment, Social Responsibility of Business, Emerging Modes of Business |
| BNUBSC103 | Business Economics - I | Core | 4 | Introduction to Microeconomics, Demand and Supply Analysis, Consumer Behaviour, Production and Cost Analysis, Market Structures |
| BNUBSC104 | Corporate Administration | Core | 4 | Introduction to Companies Act, Incorporation of Company, Memorandum and Articles of Association, Shares and Debentures, Company Meetings |
| BNUBAE101 | Indian Language | Ability Enhancement Compulsory Course (AECC) | 2 | Language Comprehension, Basic Grammar, Cultural Readings, Communication Skills |
| BNUBAE102 | English Language | Ability Enhancement Compulsory Course (AECC) | 2 | Communicative English, Grammar and Vocabulary, Reading Comprehension, Writing Skills |
| BNUBAV101 | Environmental Studies | Value Added Course (VAC) | 2 | Ecosystems, Biodiversity, Environmental Pollution, Sustainable Development, Environmental Ethics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BNUBSC201 | Financial Accounting - II | Core | 4 | Departmental Accounts, Branch Accounts, Accounting for Dissolution of Partnership, Accounting for Hire Purchase, Royalty Accounts |
| BNUBSC202 | Business Law | Core | 4 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019, Intellectual Property Rights |
| BNUBSC203 | Business Economics - II | Core | 4 | National Income, Inflation, Monetary Policy, Fiscal Policy, International Trade |
| BNUBSC204 | Indian Tax System | Core | 4 | Introduction to Indian Tax System, Direct and Indirect Taxes, Basic Concepts of Income Tax, Heads of Income (Overview), GST Fundamentals |
| BNUBAE201 | Indian Language | Ability Enhancement Compulsory Course (AECC) | 2 | Advanced Language Skills, Grammar and Composition, Literary Appreciation, Public Speaking |
| BNUBAE202 | English Language | Ability Enhancement Compulsory Course (AECC) | 2 | Professional Communication, Report Writing, Presentation Skills, Group Discussions |
| BNUBAV201 | Indian Constitution | Value Added Course (VAC) | 2 | Constitutional History, Fundamental Rights and Duties, Directive Principles, Union and State Government, Panchayati Raj |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BNUBSC301 | Management Accounting | Core | 4 | Introduction to Management Accounting, Fund Flow Statement, Cash Flow Statement, Ratio Analysis, Budgetary Control |
| BNUBSC302 | Quantitative Techniques for Business - I | Core | 4 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers, Time Series Analysis |
| BNUBSC303 | Financial Management | Core | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting, Cost of Capital, Working Capital Management |
| BNUBDSE301 | Principles and Practices of Banking | Discipline Specific Elective (Banking & Insurance Specialization) | 3 | Evolution of Banking, Types of Banks, Banking Regulations (RBI), Deposit and Loan Products, Payment Systems |
| BNUBAE301 | Digital Fluency | Skill Enhancement Course (SEC) | 2 | Digital Literacy, Internet and Web Technologies, Cyber Security Basics, Productivity Tools, Digital Ethics |
| BNUBOE301 | Open Elective - I (e.g., Entrepreneurship Development) | Open Elective | 3 | Concept of Entrepreneurship, Business Plan Preparation, Sources of Finance, Small Business Management, Startup Ecosystem in India |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BNUBSC401 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Cost Concepts and Classifications, Material Costing, Labour Costing, Overhead Costing |
| BNUBSC402 | Quantitative Techniques for Business - II | Core | 4 | Probability Theory, Probability Distributions, Sampling Methods, Hypothesis Testing, Operations Research (Introduction) |
| BNUBSC403 | Business Environment & Ethics | Core | 4 | Components of Business Environment, Economic Policies (India), Social and Cultural Environment, Introduction to Business Ethics, Corporate Social Responsibility |
| BNUBDSE401 | Principles and Practices of Insurance | Discipline Specific Elective (Banking & Insurance Specialization) | 3 | Nature and Principles of Insurance, Types of Insurance, Insurance Contract, IRDAI Regulations, Insurance Products (Overview) |
| BNUBAE401 | Excel for Business | Skill Enhancement Course (SEC) | 2 | Advanced Excel Functions, Data Analysis Tools, Data Visualization, Financial Modeling Basics, Macros and VBA (Introduction) |
| BNUBOE401 | Open Elective - II (e.g., Stock Market Operations) | Open Elective | 3 | Indian Stock Market Structure, SEBI Regulations, Trading and Demat Accounts, Equity and Debt Market Instruments, Mutual Funds |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BNUBSC501 | Goods and Service Tax (GST) | Core | 4 | Introduction to GST, GST Council, Levy and Collection of GST, Input Tax Credit, GST Returns and Assessment |
| BNUBSC502 | E-Commerce | Core | 4 | Introduction to E-Commerce, E-Business Models, E-Payment Systems, E-Marketing, Legal and Ethical Aspects of E-Commerce |
| BNUBSC503 | Auditing | Core | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Procedures, Internal Control, Audit Report |
| BNUBDSE501 | Indian Banking System | Discipline Specific Elective (Banking & Insurance Specialization) | 3 | Structure of Indian Banking, RBI and Monetary Policy, Commercial Banks, Co-operative Banks, Financial Sector Reforms in India |
| BNUBDSE502 | Life and General Insurance | Discipline Specific Elective (Banking & Insurance Specialization) | 3 | Life Insurance Products, Underwriting in Life Insurance, Claims Management (Life), General Insurance Products, Marine and Motor Insurance |
| BNUBAE501 | Research Methodology | Skill Enhancement Course (SEC) | 2 | Introduction to Research, Research Design, Data Collection Methods, Data Analysis (Basic), Report Writing |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BNUBSC601 | Income Tax | Core | 4 | Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession, Capital Gains and Other Sources |
| BNUBSC602 | Portfolio Management | Core | 4 | Investment Environment, Security Analysis, Portfolio Theory, Portfolio Performance Evaluation, Risk and Return |
| BNUBSC603 | Data Analytics for Business | Core | 4 | Introduction to Data Analytics, Data Pre-processing, Descriptive Analytics, Predictive Analytics (Basic Models), Data Visualization Tools |
| BNUBDSE601 | International Banking and Finance | Discipline Specific Elective (Banking & Insurance Specialization) | 3 | International Financial System, Foreign Exchange Market, International Monetary Fund (IMF), World Bank, International Trade Finance |
| BNUBDSE602 | Risk Management and Insurance | Discipline Specific Elective (Banking & Insurance Specialization) | 3 | Concept of Risk Management, Risk Identification and Assessment, Risk Mitigation Strategies, Enterprise Risk Management, Role of Insurance in Risk Management |
| BNUINP601 | Internship / Project Work | Mandatory (Practical) | 3 | Industry Exposure, Application of Theoretical Knowledge, Report Writing, Presentation Skills, Problem Solving |
