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BCOM in Banking Insurance at Sri Ramakrishna College of Arts and Science (Autonomous)
Coimbatore, Tamil Nadu
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About the Specialization
What is Banking & Insurance at Sri Ramakrishna College of Arts and Science (Autonomous) Coimbatore?
This Banking & Insurance program at Sri Ramakrishna College of Arts and Science focuses on equipping students with comprehensive knowledge and practical skills crucial for India''''s rapidly evolving financial sector. The curriculum covers core aspects of banking operations, financial markets, insurance products, and regulatory frameworks. It is designed to meet the growing demand for skilled professionals in a sector vital to India''''s economic growth and financial inclusion initiatives.
Who Should Apply?
This program is ideal for 10+2 graduates with a commerce background who aspire to build a career in banking, insurance, or allied financial services. It also suits individuals seeking to understand the intricacies of financial institutions and products, preparing them for entry-level roles in public and private sector banks, insurance companies, and financial advisory firms across urban and rural India.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including bank probationary officers, insurance agents, financial advisors, credit officers, and operations executives. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs per annum, with significant growth potential in managerial and specialized roles. The program also lays a strong foundation for pursuing professional certifications like those offered by IIBF and IRDAI, enhancing employability.
Student Success Practices
Foundation Stage
Master Core Accounting and Economic Principles- (Semester 1-2)
Diligently study Financial Accounting and Business Economics. Utilize online tutorials and practice problems regularly to build a strong foundational understanding of financial record-keeping, economic concepts, and market dynamics crucial for the BFSI sector.
Tools & Resources
Tally Education, ICAI study material for foundational accounting, Khan Academy
Career Connection
This strong base is essential for future roles in financial analysis, auditing, basic banking operations, and understanding market trends.
Enhance Communication and English Fluency- (Semester 1-2)
Actively participate in English language classes and join college debate or public speaking clubs. Practice professional communication skills through presentations, group discussions, and formal writing exercises to improve clarity and confidence.
Tools & Resources
Toastmasters International (if college chapter available), Online English language courses (e.g., British Council), Reading financial newspapers and magazines
Career Connection
Crucial for effective client interaction, corporate communication, and professional growth in India''''s competitive banking and insurance sectors.
Explore Banking Basics and Current Affairs- (Semester 1-2)
Beyond ''''Banking Theory Law and Practice - I'''', regularly read financial newspapers (e.g., The Economic Times, Business Standard) and follow Reserve Bank of India announcements to understand the current banking landscape and regulatory changes in India.
Tools & Resources
RBI website, Financial news apps, YouTube channels on Indian economy and finance
Career Connection
Provides contextual knowledge for banking interviews and helps in understanding evolving industry trends and challenges.
Intermediate Stage
Gain Practical Software Proficiency- (Semester 3-4)
Excel in ''''Office Automation'''' and ''''Tally ERP 9'''' courses. Seek opportunities for practical application through department projects or volunteering for administrative tasks within the college or local businesses to apply learned skills.
Tools & Resources
Microsoft Office Suite, Tally software (official tutorials and practice files), Online practice exercises for Tally
Career Connection
Directly applicable to back-office operations, data entry, accounting roles, and administrative support in banks, insurance firms, and other businesses.
Network with Industry Professionals and Alumni- (Semester 3-4)
Attend guest lectures, workshops, and industry seminars organized by the college. Connect with speakers, faculty, and alumni on platforms like LinkedIn to understand career trajectories, market demands, and potential opportunities.
Tools & Resources
LinkedIn, College alumni network events, Industry association events and webinars
Career Connection
Opens doors for internships, mentorship, valuable industry insights, and enhances placement opportunities within the BFSI sector.
Participate in Financial Quizzes and Competitions- (Semester 3-4)
Engage in inter-college or intra-college quizzes and case study competitions related to banking, finance, and insurance. This enhances problem-solving skills, critical thinking, and competitive readiness.
Tools & Resources
Online quiz platforms (e.g., Quizizz, KBC style games), Financial magazines and journals, Current affairs apps focused on economy
Career Connection
Boosts confidence, analytical abilities, and provides exposure to real-world financial challenges, which are highly valued in interviews.
Advanced Stage
Undertake a Relevant Industry Internship/Project- (Semester 5 (during vacations) or as part of Semester 6 project work)
Secure a meaningful internship in a bank, insurance company, or financial advisory firm to apply theoretical knowledge, gain crucial industry experience, and build professional contacts. Focus your final semester project on a real-world financial problem.
Tools & Resources
College placement cell, LinkedIn Jobs, Naukri.com, Internshala
Career Connection
Critical for practical exposure, resume building, and often leads to pre-placement offers or direct job opportunities after graduation.
Prepare for Professional Certifications/Exams- (Semester 5-6)
Begin preparation for industry-recognized certifications relevant to banking (e.g., JAIIB/CAIIB foundation from IIBF) or insurance (e.g., IRDAI agent exam, NISM certifications for capital markets).
Tools & Resources
IIBF study material, IRDAI website resources, NISM resources and mock tests, Specialized coaching centers
Career Connection
Enhances credibility, demonstrates specialized knowledge, and significantly improves chances for securing higher-paying and specialized roles in India''''s BFSI industry.
Focus on Placement and Interview Skills- (Semester 6)
Actively participate in campus placement drives, mock interviews, and resume building workshops. Practice quantitative aptitude, logical reasoning, and general awareness questions, alongside soft skills required for corporate roles.
Tools & Resources
College placement cell support, Online aptitude test platforms (e.g., IndiaBix, PracticeLink), Interview preparation guides and books
Career Connection
Directly prepares students for securing desirable jobs upon graduation in India''''s competitive job market by improving performance in recruitment processes.
Program Structure and Curriculum
Eligibility:
- Pass in H.Sc. (10+2) or equivalent with Commerce as one of the subjects.
Duration: 3 years / 6 semesters
Credits: 117 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21LBTA01 | Tamil - I | Language (Part I) | 3 | |
| 21LHIN01 | Hindi - I | Language (Part I) | 3 | |
| 21LMAL01 | Malayalam - I | Language (Part I) | 3 | |
| 21LFRE01 | French - I | Language (Part I) | 3 | |
| 21LENG01 | English Language Skills - I | Language (Part II) | 3 | |
| 21CBIC01 | Financial Accounting - I | Core | 4 | Meaning and Scope of Accounting, Accounting Concepts and Conventions, Capital and Revenue Items, Final Accounts, Consignment Accounts, Joint Venture Accounts |
| 21CBIC02 | Principles of Management | Core | 4 | Nature and Scope of Management, Planning, Organizing, Staffing, Directing, Controlling |
| 21CBIA01 | Business Economics | Allied | 4 | Nature and Scope of Business Economics, Demand Analysis, Supply Analysis, Cost and Revenue Analysis, Pricing Policies, Market Structure |
| 21EVSC01 | Environmental Studies | Part V - Foundation | 2 | Definition, Scope and Importance, Natural Resources, Ecosystems, Biodiversity and its Conservation, Environmental Pollution, Social Issues and the Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21LBTA02 | Tamil - II | Language (Part I) | 3 | |
| 21LHIN02 | Hindi - II | Language (Part I) | 3 | |
| 21LMAL02 | Malayalam - II | Language (Part I) | 3 | |
| 21LFRE02 | French - II | Language (Part I) | 3 | |
| 21LENG02 | English Language Skills - II | Language (Part II) | 3 | |
| 21CBIC03 | Financial Accounting - II | Core | 4 | Accounting for Depreciation, Hire Purchase System, Installment Purchase System, Branch Accounts, Departmental Accounts, Voyage Accounts |
| 21CBIC04 | Banking Theory Law and Practice - I | Core | 4 | Evolution of Banking, Commercial Banks, Central Bank (RBI), Banker and Customer, Types of Accounts, Negotiable Instruments |
| 21CBIA02 | Mathematics for Business | Allied | 4 | Algebra, Matrices and Determinants, Commercial Arithmetic, Differential Calculus, Integral Calculus, Linear Programming |
| 21VACT01-21VACN01 | Value Added Course (General / Professional Communication) | Part V - Value Added Course | 2 |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21CBIC05 | Indian Banking System | Core | 4 | Reserve Bank of India, Commercial Banks, Cooperative Banks, Regional Rural Banks, Development Banks (EXIM, SIDBI), Non-Banking Financial Companies (NBFCs) |
| 21CBIC06 | Corporate Accounting | Core | 4 | Share Capital, Debentures, Redemption of Debentures, Underwriting of Shares and Debentures, Final Accounts of Companies, Valuation of Goodwill and Shares |
| 21CBIA03 | Business Statistics | Allied | 4 | Nature and Scope of Statistics, Diagrammatic and Graphic Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
| 21CBIS01 | Office Automation | Skill Based Course - I | 2 | Introduction to Computers, MS Word, MS Excel, MS PowerPoint, MS Access, Internet and E-mail |
| 21CBIN01 | Non-Major Elective - I (Retail Marketing / Principles of Marketing / Business Accounting) | Non-Major Elective | 2 |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21CBIC07 | Cost Accounting | Core | 4 | Cost Accounting Concepts and Objectives, Material Costing, Labour Costing, Overheads, Process Costing, Job Costing and Batch Costing |
| 21CBIC08 | Marketing of Banking and Insurance Services | Core | 4 | Introduction to Services Marketing, Marketing Mix for Services, Marketing of Banking Services, Marketing of Insurance Services, Customer Relationship Management, Digital Marketing in BFSI |
| 21CBIA04 | Principles of Insurance | Allied | 4 | Nature and Evolution of Insurance, Principles of Insurance, Types of Insurance, Risk Management, Insurance Contract, Insurance Terminology |
| 21CBIS02 | Tally ERP 9 | Skill Based Course - II | 2 | Introduction to Tally, Company Creation and Ledgers, Voucher Entry, Inventory Management, Payroll, Taxation (GST) |
| 21CBIN02 | Non-Major Elective - II (Financial Markets / Business Organisation / Computer Applications in Business) | Non-Major Elective | 2 |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21CBIC09 | Management Accounting | Core | 4 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control |
| 21CBIC10 | Financial Services | Core | 4 | Introduction to Financial Services, Merchant Banking, Mutual Funds, Factoring and Forfaiting, Lease Financing, Venture Capital and Credit Rating |
| 21CBIC11 | Life and Health Insurance | Core | 4 | Principles of Life Insurance, Types of Life Insurance Policies, Annuities and Riders, Premium Calculation, Claims in Life Insurance, Health Insurance Products and Underwriting |
| 21CBIC12 | Income Tax Law and Practice - I | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Exempted Incomes, Income from Salaries, Income from House Property, Deductions from Gross Total Income |
| 21CBIE01A | Elective - I (E-Commerce) | Elective | 5 | |
| 21CBIE01B | Elective - I (Stock and Commodity Markets) | Elective | 5 | |
| 21EXCA01-21EXCA04 | Extension Activities (NSS / NCC / Sports / YRC) | Part V - Extension Activities | 1 |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21CBIC13 | Investment Management | Core | 4 | Introduction to Investment, Investment Process and Avenues, Risk and Return Analysis, Equity Analysis, Debt Instruments, Mutual Funds and Portfolio Management |
| 21CBIC14 | General Insurance | Core | 4 | Marine Insurance, Fire Insurance, Motor Insurance, Miscellaneous Insurance, Re-Insurance, IRDAI Regulations and Claims Settlement |
| 21CBIC15 | Income Tax Law and Practice - II | Core | 4 | Profits and Gains of Business or Profession, Capital Gains, Income from Other Sources, Clubbing of Income, Set-off and Carry Forward of Losses, Assessment Procedures |
| 21CBIP01 | Project Work | Core (Project) | 5 | Project Formulation, Data Collection and Methodology, Analysis and Interpretation, Report Writing, Presentation and Viva Voce |
| 21CBIE02A | Elective - II (Risk Management) | Elective | 5 | |
| 21CBIE02B | Elective - II (Legal and Regulatory Aspects of Banking) | Elective | 5 | |
| 21GEIS01 | Gender Studies | Part V - Foundation | 1 | Concepts of Gender and Patriarchy, Gender Roles and Socialization, Gender Equality and Empowerment, Legal Frameworks for Gender in India, Challenges and Issues related to Gender, Gender Sensitization |
