Career Opportunities in Banking and Insurance after B.Com

I have completed graduation in B.Com . What are the Career Opportunities in Banking and Insurance ?

[Quick Sam]

Banking and Insurance domain is not only for applicants with commerce background; applicants from different streams of education such as Arts, Computer science, Science and others can also choose this as their career choice.

There are many courses related to banking and insurance offered at different levels

The top bank and insurance companies in India include
Max New York life
HDFC Standard Life-Insurance
SBI Life Insurance, Tata AIF Life Insurance
Birla Sun Life
IFFCO Tokyo
ICICI Lombard
Tata AIG

Eligibility

For admission into a master’s degree applicants must have a bachelor's degree with commerce subjects such as Accounts, Maths and Economics.

The duration for this program is of 2 years.

Job Prospects
There are positions in insurance, personal loans, mortgages, collections and back office operations.

Banks such as ICICI, HSBC, Kotak Mahindra, HDFC, Standard Chartered, Barclay’s, and American Express are some of the companies that hire banking candidates at all levels.

Top Universities/Colleges
University of Delhi
Jamia Millia University
University of Mumbai
University of Calcutta
Guru Nanak Dev University
The Indian Institute of Financial Planning, New Delhi
Indira Gandhi National Open University

Will you give me detail about the Career opportunities in Banking and Insurance after completing B.Com in Banking and Insurance?

[Arun Vats]

As you want I am here telling you about the Career opportunities in Banking and Insurance after completing B.Com in Banking and Insurance.


Banking and Insurance offers specialization in the following areas:

• Environment and Management of Financial Services
• Micro Economics
• Effective Banking Communication
• Quantitative Techniques in Banking
• Organizational behaviour in Banking organizations
• Taxation of Financial Services
• Laws relating to Banking & Insurance
• Cost Accounting of B&I Services
• Equity Debt
• Corporate Laws governing Capital Markets
• International Business Management in Banking Organizations
• HRM in Banking Organizations
• Strategic Planning in Banking organizations

Can get position as:
Accountant
Agent and Broker
Risk Analyst
Sales Representative
Sales Officer
Sales Manager
Securities Analyst
Stock Analyst
Treasurer
Asset Manager
Assistant Accountant
Assistant Controller
Cashier/Teller
Credit and Risk Manager
Development Officer
Equity Research Analyst
Internal Auditor
Insurance Manager
Investment Analyst
Investment Banker
Loan Counsellor
Loss Control Specialist
Loan Officer
Market Analyst
Marketing and Sales Executive
Marketing Manager
Personal Financial Advisor
Recovery Agent

Banks where can get job:
ICICI,
HSBC
Kotak Mahindra
HDFC
Standard Chartered
Barclay’s, and American Express

Pay Scale

Beginners in public sector banks can get a salary ranging from Rs.12,000 to Rs.15,000 per month.

Salary for officers start within a range of Rs.15,000 to Rs.20,000 per month.

Professionals like CAs, ICWA, CFAs and MBA employed in public sector banks definitely get a much higher salary.