Planning to be a postgraduate degree course is proud in itself. Further, students who have excelled in their undergraduate studies can pursue an MCom in Banking and Finance, as courses in this field are relevant and in demand. The need for MCom in Banking and Finance will remain till humanity survives. Moreover, I consider the involvement of money while dealing with any basic necessity. Therefore, choosing banking finance as a course is always the best decision.
What Is an MCom In Banking & Finance?
MCom in Banking and Finance is a post-graduation course for two years for the aspirants who have finished their graduation. In graduation, a candidate is competent with the basic concepts and skills. Further, the master’s degree prepares students for future careers in their specialized fields. Also, the course syllabus deals with banking, account law, accounting, insurance risk, insurance law, and much more. However, commerce subjects are versatile and provide enormous career opportunities for the individual to excel.
Benefits Of Pursuing An MCom In Banking And Finance
Banking and finance courses provide various benefits. One graduates when they complete the development of an individual specialization subject are the benefits of learning Banking and Finance.
- Entrepreneur
- Knowledge about finance
- Skills of accounts
- Insurance
- High salary
- And much more
Eligibility Criteria For Pursuing MCom In Banking and Finance
As an individual takes his graduation exams, a candidate can join MCom in Banking and Finance. But to gain Admission, one needs to fulfill the criteria of eligibility.
For Online:
- Passing it requires a Recognized Bachelor’s Degree of at least three years with at least 50% marks.
- The authorities grant a 5% relaxation in the minimum qualifying requirements to students from SC/ST/other designated categories.
For Offline:
- A graduation degree is a must
- Scores of the general category candidate should be 50% in aggregate, whereas 455 marks for the reserved category candidate
- Numerous universities also ask candidates to take their entrance exam and be a part of them
- Whereas several universities choose the candidates based on the merit list.
Fee Structure Of MCom In Banking And Finance
Banking and finance fee structures are entirely different in every university. Online/ distance educational institutions take low or reasonable charges to learn via them. You can pursue an MCom online from GLA University at just 60,000 INR. Whereas in private institutions, the fee structure is relatively high. And in government educational universities, the fee is economical. However, Admission to government universities relies on merit lists.
What Are The Career’s Other Career Scopes?
The Indian Banking sector is showing growth and the same was confirmed by Reuters changing the outlook for the Indian Banking sector to “Strong Recovery”.
Banking and finance deals with accounts, insurance, and more. Hence, Banking and Finance is available for candidates who want to pursue their career in MCom Banking Finance. Various career scopes are:
- Banker
- Teacher
- Consultant
- Sales analyst
- Auditor
- Business analyst
- And much more.
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