Last Updated on July 29, 2023 by Vishnu Nambiar
Hi readers! In this post, we will deal with a vocational training program related to banking sector. Here, we will have an in-depth analysis of B.Voc. Banking and Finance course.
Table of Contents
- Name of the course: B.Voc. Banking and Finance
- Type of course: Bachelor of Vocation
- Field: Banking
- Duration: 3 years
- Eligibility: 12th pass or equivalent qualification
As the name suggests, this course is closely related to banking and its allied areas. This course is also known by names such as – B.Voc. Banking and Finance, B.Voc. Banking and Financial Services and B.Voc. Banking. Though the names are different from each other, they share the same course content. The main aim of this program is to develop industry-specific skills in students. The industry that this course deals with is – banking and finance. This course is known to develop skilled banking and finance professionals each year. What’s banking and finance all about? What’s the scope and potential associated with this domain? What is it like to become a banking and finance professional? Will I get a good job after completing this course? You will find answers to these questions in the next section. Here it is –
B.Voc. Banking and Finance: An Introduction
As the name suggests, this course deals with banking and finance sector. In India, there exists different types of banking education programs. These academic and training programs belong to different levels such as – UG level, PG level and Doctoral Degree level. B.Voc. Banking and Finance is an undergraduate level course. Another good UG level course is BBA in Banking and Finance. MBA in Banking and Finance is a popular PG level course. This course can be pursued after completing relevant Bachelor’s Degree course. Here’s a list of prominent banking courses in India. Banking and finance programs will train you in various aspects related to banking and its allied areas. The program covers topics such as – banking, finance, insurance, investment, risk management, computer application, IT and more. Banking sector is growing at a healthy pace in India. This sector is known to generate ample amount of job opportunities. Within this sector, you will be able to find different job profiles such as – analysts, loan officer, manager, assistant manager, investment banker, IT officer etc. Digital Technology has facilitated the recent surge in growth of this sector. Online payment systems, cashless transactions, mobile banking, internet banking – technology has changed the face and form of modern banking. As a result, modern banking professionals need to master IT skills and computer application. B.Voc. Banking and Finance course will train you in these aspects too. Let us take a closer look at the course format – B.Voc. It stands for Bachelor of Vocation. It is a Bachelor’s Degree course. Technically, it is a vocational training program. Students who have passed 12th class are eligible to pursue this course. The academic program is 3 years long. B.Voc. program offers three exit options –
- Diploma certificate after completing 1 year
- Advanced Diploma certificate after completing 2 years
- Bachelor’s Degree after completing 3 years
It is safe to say that this academic program is quite flexible. Come, let us take a closer look at the course details –
Course Details
Type of course
It is a Bachelor of Vocation course.
Duration
The academic program is 3 years long. It has various exit options too (Diploma after 1st year, Advanced Diploma after 2 years and Bachelor’s Degree after 3 years).
Eligibility Criteria
Minimum educational qualification required is – completed 12th (Arts, Commerce or Science) from a recognized board.
Syllabus
Here are some of the popular subjects present in the curriculum –
- IT (Information Technology)
- Computer Application
- Accounting
- Economics
- Banking Operations
- Treasury Operations
- Investment Banking
- Rural Finance
- Insurance and Loans
- Risk Management
- Market Analysis
- International Banking
Colleges
Here are some of the popular colleges offering this course in India –
- University of Pune
- University of Lucknow
- Andhra Loyola College
- Tezpur University
- St. Albert’s College, Kochi
- MGCGV, Chitrakoot
Admission Process
Admission Process may vary from one institute to another. Some institutes are known to conduct merit based admission process. Some other institutes are known to conduct direct admission process.
PG Courses and Higher Studies
After completing B.Voc. course, graduates may go for M.Voc. course. M.Voc. course provides advanced technical knowledge related to the specific domain.
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Career Prospects
After completing this course, graduates will have access to different types of job profiles and opportunities. Some of the prime recruiters are –
- Government banks
- Private banks
- Finance institutions
- Co-Operative banks
- Insurance companies
- Risk management firms
- Finance consultancies
Salary
Starting salary depends upon different factors. Some such notable factors are –
- Job location
- Profile of the employer
- His/her academic performance
- His/her skills and aptitude
- Job profile
On an average, starting salary could be anywhere between 20-40K INR per month. In case of Government job, the salary will be based on designated pay scale and grade.
I am Vishnu Nambiar a career and educational blogger from India. I am also a full time educational consultant having more than 12 years of experience in the educational sector.
I share articles related to courses, colleges, careers, exam tips and more here.