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M.Com (Banking) is a post graduate master’s degree program of two years duration that covers various aspects of banking and financiers. The curriculum offers further understanding of banking activities, securities and foreign exchange, risk management, the legal framework of international banking, and analysis and management of investment portfolios. Students are equally availed with the most advanced tools in banking and technologies. The program duration is normally two calendar years and it is divided into the following four semesters.
The admission in M.Com (Banking) course is accepted through the score of CAT, MAT, CMAT, ATMA, XAT and the state level entrance tests. Some also consider the student’s performance in their bachelor’s degree as a way of accepting them into their college. The last step is an interview that may be conducted for all the shortlisted candidates or a group discussion to decide on the selection. Having prior experience in banking or related fields make it easier for an individual to be admitted in the school.
| Category | Detail |
|---|---|
| Full Form | Master of Commerce (Banking) |
| Duration | 2 Years (4 Semesters) |
| Course Level | Post Graduate |
| Eligibility | Bachelor's Degree in Commerce (B.Com) with minimum marks (varies by institution) |
| Top Colleges (India) | Indian Institute of Banking and Finance (IIBF), Mumbai University, Symbiosis School of Banking and Finance (SSBF), Christ (Deemed to be University), Madras Christian College |
| Entrance Exams (Common) | Common Management Admission Test (CMAT), Management Aptitude Test (MAT), Institution Specific Entrance Exams |
1. A pass in any graduate degree with a minimum of 50% of marks in aggregate for all the years of study from a recognized University.
2. They can also apply for provisional admission for candidates in their final year of graduation provided that they fulfill the minimum percentage requirement.
3. Any individual who wants to pursue this course from any recognized institution has the freedom to do so without being restricted by age.
4. Mathematics is not a requirement for students to be admitted to this course at the graduation level.
5. MBA applicants with work experience in banking and financial services sectors may have an edge in enrolment.
6. Some institutes that offer this course for the students conduct entrance examination such as CAT/MAT and interviews.
1. NPAT – The NPAT is conducted by Narsee Monjee Institute of Management Studies for admissions to M.Com and other related fields; the test can help to assess quantitative ability, logical reasoning.
2. Symbiosis National Aptitude Test – SNAP for admission to MBA and other Management courses, section wise SNAP includes questions of logical reasoning, analytical and logical reasoning.
3. DUET - Delhi University Entrance Test, a University level examination being organized by Delhi University for the admission in M.Com courses commerce subjects tested in it are accounting, economics, management and statistics.
4. TISSNET – Tata Institute of Social Sciences National Entrance Test for M.Com and other courses: As the name suggest it tests ones’ verbal ability, logical and quantitative reasoning abilities.
5. CUCET: A test for admission to the central universities that covers areas such as commerce, reasoning ability, and language proficiency.
| Subject | Important Topics |
|---|---|
| Financial Accounting | Double Entry System, Final Accounts Preparation, Banking Transactions & Accounting, Financial Statement Analysis |
| Banking Law and Practices | Negotiable Instruments Act, Banking Regulation Act, KYC Norms, Priority Sector Lending |
| Bank Management | Organizational Structure, Risk Management in Banking, Credit Management, Customer Relationship Management |
| Financial Markets and Institutions | Money Market, Capital Market, Primary & Secondary Market Instruments, Role of RBI, NBFCs |
| International Banking | Foreign Exchange Transactions, International Trade Finance, Letter of Credit, Banking Regulations in International Trade |
| Investment Management | Portfolio Management, Risk-Return Analysis, Investment Avenues, Derivatives |
| Management Information Systems (MIS) in Banking | Core Banking Solutions, Data Warehousing, E-Banking & Mobile Banking |
| Financial Services | Insurance Products, Demat Accounts & Trading, Mutual Funds, Wealth Management |
| Research Methodology | Research Design & Sampling Techniques, Data Collection & Analysis, Hypothesis Testing |
| Elective Courses (may vary) | Financial Risk Management, International Finance Management, Bank Marketing, Financial Technology (FinTech) |
1. Minimum eligibility criteria - Applicant should have completed a Bachelor’s degree with not less than 50% of marks.
2. This can be done either through online and offline methods along with relevant documents.
3. If entrance test is conducted, then appear for that otherwise skip it and go straight to the next step.
4. Stakeholders should attend counseling session for the purpose of provisional admission.
5. Pay admission fees and present the following documents to the university of their choice.
6. Receive the last notice on admission and join classes.
| College Name | Location | Fees (Approx. Yearly) |
|---|---|---|
| Delhi School of Economics (University of Delhi) | Delhi | ₹50,000 - ₹70,000 |
| University of Mumbai | Mumbai | ₹20,000 - ₹30,000 |
| Madras Christian College | Chennai | ₹30,000 - ₹40,000 |
| Lucknow University | Lucknow | ₹15,000 - ₹20,000 |
| Fergusson College (University of Pune) | Pune | ₹25,000 - ₹35,000 |
| The Maharaja Sayajirao University of Baroda | Vadodara | ₹20,000 - ₹30,000 |
| Andhra University | Visakhapatnam | ₹10,000 - ₹15,000 |
| Banaras Hindu University | Varanasi | ₹25,000 - ₹35,000 |
| University of Calcutta | Kolkata | ₹15,000 - ₹20,000 |
| College Name | Location | Fees (Approx. Yearly) |
|---|---|---|
| Symbiosis School of Banking and Finance (SSBF) | Pune | ₹2,00,000 - ₹3,00,000 |
| Indian Institute of Banking and Finance (IIBF) | Mumbai | ₹1,50,000 - ₹2,00,000 |
| Christ (Deemed to be University) | Bangalore | ₹1,20,000 - ₹1,80,000 |
| Bharatiya Vidya Bhavan's S.P. Mandali Institute of Management Studies (SIBM Pune) | Pune | ₹3,00,000 - ₹4,00,000 |
| Woxsen School of Business | Mumbai | ₹2,50,000 - ₹3,50,000 |
| Amity School of Business (ASB) | Noida | ₹1,00,000 - ₹1,50,000 |
| Narsee Monjee Institute of Management Studies (NMIMS) - Bengaluru Campus | Bangalore | ₹2,20,000 - ₹3,00,000 |
| KJ Somaiya Institute of Management Studies and Research (SIMSR) | Mumbai | ₹2,00,000 - ₹2,50,000 |
| Institute of Management Studies (WeSchool) | Mumbai | ₹1,80,000 - ₹2,20,000 |
| Jaipuria Institute of Management (JIM) | Jaipur | ₹1,20,000 - ₹1,80,000 |
| College Name | Location | Average CTC (Approx.) |
|---|---|---|
| Delhi School of Economics (University of Delhi) | Delhi | ₹5 Lakhs - ₹8 Lakhs |
| Symbiosis School of Banking and Finance (SSBF) | Pune | ₹6 Lakhs - ₹10 Lakhs |
| Indian Institute of Banking and Finance (IIBF) | Mumbai | ₹4 Lakhs - ₹7 Lakhs |
| Christ (Deemed to be University) | Bangalore | ₹4 Lakhs - ₹8 Lakhs |
| Madras Christian College | Chennai | ₹3 Lakhs - ₹5 Lakhs |
| Lucknow University | Lucknow | ₹2 Lakhs - ₹4 Lakhs |
| Fergusson College (University of Pune) | Pune | ₹3 Lakhs - ₹5 Lakhs |
