Bachelor of banking and insurance is abbreviated as BBI. BBI course in India is a 3year undergraduate program divided into six semesters. BBI course is perfectly designed for full-time courses for those students who wish to build their careers in the field of an ever-growing industry. It is a mainly practical oriented course.
BBI course is framed in such a way that it provides training in the field of banking, accounting, finance, and insurance, etc. This course not only covers the subjects of the banking field but also covers the multiple subjects of commerce and communication skills.
It also deals with complex mathematics. At the starting of semesters, It covers most of the banking sections and semesters completes with insurance including other sectors.
BBI course used to train students with the help of various presentations, projects, interactions, and industrial training. If the aspirants are interested in mathematics and wanted to raise their careers in accounting, auditing, and insurance then this is the right platform to boost their career.
The objective of the BBI Course
- The main objective of the BBI (Bachelor of Banking and Insurance) is to train as a professional who is capable of handling financial activities that are related to banking and insurance.
- Also, provide a student with a deep insight into the real world of banking and insurance.
Duration of BBI Course
BBI course is a three year or semester wise program that is divided into six semesters. Every year consists of two semesters. In short, there are six semesters in three years.
Eligibility for BBI Course
Usually, the commerce background prefers to pursue BBI because it is mainly structured according to the curriculum of commerce. Minimum eligibility criteria are listed below-
- Candidate must have pass class 12th from a recognized board or other equivalent courses.
- The minimum percentage should be 50%-60%. This will totally depend on the norms of the University/College. Therefore you have to check for a particular college/university.
- There is no actually fixed stream to pursue the BBI course. Students of any stream from class 12th are eligible for BBI.
Admission to BBI Course
Admission to the BBI course is based on entrance exams. Some University conducts its own exams while others take admission on the basis of interviews or group discussions.
BBI Course Syllabus
SEMESTER I
- Principles and practice banking 1
- Financial Accounting 1
- Principles of Insurance Physical Education
- Business Management
- value education
- Hindi
- English
SEMESTER II
- Principles and practice banking 2
- Financial Accounting 2
- Insurance Law and practice
- Environmental Studies
- Financial Mathematics
- English 2
- Hindi 2
SEMESTER III
- Legal Regulatory Aspects of Banking 1
- Company Account 1
- Workshop of Numerical Skills
- Financial Management
- Non-Major Elective
- Business Economics
- Campus Recruitment Training 1
SEMESTER IV
- Legal Regulatory Aspects of Banking 2
- Company Account 2
- E-Commerce and E-Business
- Service and Marketing
- Workshop on Reasoning Skill
- Non-Major Elective
- Institutional Training
- Campus Recruitment Training 2
SEMESTER V
- Business Environment
- Cost Accounting
- Financial Statistics
- Income Tax
- Campus Recruitment Training 3
SEMESTER VI
- Business Communication
- Management Accounting
- Auditing
- Project
BBI Course Fee Structure
The fee for Bachelor of Banking and Insurance will range from 70,000 to 1 lacs. The fee may exceed the written above so that you have to check out that particular college where you wish to take admission.
Top Colleges
- Jai Hind College, Mumbai
- Rizvi College of Art Science and Commerce, Mumbai
- Deendayal Upadhaya College, Delhi
- Maharishi Dayanand College of Art, Science, and Commerce, Mumbai
- LS Raheja College of Arts and Commerce, Mumbai
- MK Sanghvi College, Mumbai
- Arya PG College, Haryana
Similar Degree Courses
Career Prospects of BBI
Bachelor of Banking and Insurance is a great career option for those who wish to pursue a career in the field of banking. It does not only provide theoretical knowledge but also provide the student with exposure to market reforms, new banking policies and much more.
For a great career, the student can do higher studies after the successful completion of the BBI course. Or can do a job in the field of banking, insurance, auditing, finance, and accounting as per your interest.
Also, the student can prepare for any government job at the intermediate or graduate level of the banking sector. It will be discussing it later.
Higher Studies
There are a large number of Master courses in the banking sector or any other field. After completing the BBI course, the following are some of the top courses that can be pursued after the Bachelor of Banking and Insurance.
- MBA (Master in Business administration)
- PBI (Professional in Banking and Insurance)
- MBFI (Master in Banking, Finance, and Insurance)
- MFC (Master of Finance and Control)
- MCom in Banking and Finance
- CA (Chartered Accountancy)
- CS (Company secretary )
Scope of BBI Course
Banking employees are demanding for private as well as government sectors in the present era. After completing the BBI Course, the students have greater opportunities in the private and government sector. One can directly get the job on doing the BBI course by giving an interview in any private Bank or MNC’s. As a fresher, they might get a low salary but after getting some experience, the salary will increase.
Job Profiles for BBI Candidate
- Bank Manager
- Consultants
- Risk Manager
- Finance officer
- Insurance Manager
- Re-Insurance Executives
- BPO Executives
- Credit and Cash Manager
One who wishes to do a government job in the field of banking had to crack competitive exams like SBI Clerk, SBI PO, etc. There are numerous competitive exams for various posts of the Bank. Except for a bank, there are lots of government jobs in different department. Some organizations conducted exams at intermediate or graduate level.
Competitive Exams for graduate level
- UPSC Civil Services Examination
- SBI PO Examination
- IBPS PO Examination
- SSC CGL Examination
- RRB NTPC Examination
- LIC AAO Examination
- IBPS Clerk Examination
- SBI Clerk Examination
NOTE: After BBI, you can go for an internship that will help you to explore the world and also help you to gain experience. It may be paid or unpaid depend upon the company but mostly it is unpaid.
FAQs on BBI Course in India
Commerce students prefer to pursue the BBI course. But other than commerce background are also eligible for this course. That means, if you have passed class 12th from any stream with a minimum of 50 to 60 percentage, then you are eligible to pursue the BBI.
Yes.
Maths is not compulsory for every college. There are some colleges whose norm to take math students with any stream. So it depends on colleges and universities.
3 to 4 lacs per annum for freshers.
1 thought on “BBI Course, Bachelor of Banking and Insurance in India”