BBA Finance is a three-year undergraduate
application that offers budgeting, finance, and facts analytics. Graduates of
this application have an extensive variety of labor possibilities within
the monetary industry. BBA Finance jobs have many potentials, and painting
obligations consist of overseeing money owed and businesses' budgets to satisfy
the company's monetary goals. Graduates have the possibility to paint in numerous
fields, which include funding banking, consultancy, service provider banking,
and personal banking.
Phillippatus defines
financial management
as "It is concerned with the managerial decisions that result in the
purchase and funding of short- and long-term credits for the entities. Handling
money or fortune on a greater scale is one of the BBA Finance course's
underlying tenets. Mathematics, economics, financial theory, and management are
also key topics. The job scope for BBA Finance is excellent.
BBA
finance admission is generally accomplished on the idea of advantage however
some schools' behavior front assessments are too. The process is similar to the
regular BBA admission 2022 process. Each year, more than 70,000 students apply
for admission across the top BBA colleges in India.
The
curriculum covers numerous standards like economic assertion analysis, economic
markets, funding analysis, buying and selling and portfolio management, and
economic and chance modeling. It is a complete 3-yr direction with a complete
of 6 semesters. Practical schooling blended with center topics like economics,
mathematics, accounting, banking, etc. makes this software a famous
professional preference for students.
After BBA finance, the maximum not unusual place direction human beings choose is MBA finance. Though, there are different PG trade guides that applicants can choose from apart from MBA. BBA finance jobs are to be had similarly in each of the personal and authorities sectors. The common revenue that you could count on after finishing this direction stage among INR 30,000-5,00,000.
Check out the major highlights of the BBA in Finance program given below:
Particulars | Value |
Course Name | Bachelor of Business Administration in Finance |
Course Level | Undergraduate |
Course Duration | 3 years |
Course Stream | Business and Management |
Type of Course | Full-time or Part-time |
Examination Type | Semester based |
Eligibility Criteria | 12th Pass with any stream from a recognized university with relevant subjects |
Admission process | Merit or Entrance Based |
Entrance Exams | XAT, CAT, MAT, SMAT, NMAT, RMAT, etc. |
Age | The minimum age limit is 17 years |
Similar Options of Study | B.Com (Finance), BBA, MBA (Finance) |
Annual Average Fee | INR 70,000-5,00,000 |
Average Annual Salary | INR 4,00,000-15,00,000 |
Top Colleges | Sri Ram College of Commerce, Mumbai University, Xavier’s College, NMIMS, Banaras Hindu University, Jamia Milia Islamia University, and Doon Business School |
Job Profiles | Financial Analyst, Business Analyst - IT, Operations Manager, Relationship Manager, Finance Manager, Senior Financial Analyst, Senior Business Analyst, Loan Officer, Finance Executive, Credit Analyst, Business Analyst, Financial Manager, and so on. |
Employment Area | Corporate Jobs, Bank Jobs, Government Jobs, Financial Market Jobs, and Income Tax |
Top Recruiters | Amazon, Google, Apple, TATA, Dell, Oneplus, ITC, TCS, Wipro, Zomato, HDFC, Airtel, HCL, Godrej, Goldman Sachs, and Calvin Klein |
Why
study BBA in Finance?
Finance
is a widely-recognized and known specialization in BBA. In India, the notion
regarding bachelor’s degrees is complicated. While some courses are reputed and
considered beneficial, others are treated as simply mandatory requirements so
that higher studies can be pursued in the same field. BBA is considered by
masses among the latter. However, contrary to general opinion, this degree has
a lot to offer to its graduates.
Here are some of the benefits of doing a BBA in Finance:
(1).
Study Abroad Opportunities
In case college students desire to observe abroad, they could use their direction length to accumulate their pupil profile. The steps stay similar to with inside the case of labor profile building. They can practice at reputed enterprise colleges for better research which includes MBA. They can begin operating for the identical with the aid of using beginning as early as of their first yr of BBA in Finance.
(2).
Scope of Employability
As stated, BBA in Finance is a specialized route in commercial enterprise price range and teaches college students to recognize principles like coin flows, incomes, expenses, asset management, etc. The applicability and significance of those principles in a commercial enterprise are so decided that there are a variety of activity possibilities available, which college students can negotiate of their preference through growing their employability thru internships, self-prompted projects, writing papers, and getting them posted in finance journals, etc.
(3).
Employment Opportunities
Students can use their experience gathered during the course to apply for better employment opportunities after graduation with BBA in Finance. Additionally, they will find that Finance and Accounting are specialty areas in which they can apply for accounts and finance executive job positions. Only a few courses such as BBA and B.Com can be used to apply for jobs in these sectors.
(4).
Wide Scope of Higher Education
Even as a stepping stone for higher studies, a BBA in Finance is incredibly beneficial. As it has been observed that a majority of students are not much sure of their future prospects, BBA in Finance can be helpful. Not only does the degree allow one to pursue any other course in the future but also allows them to find reputed courses in the same field.
(5).
Entrepreneurial Opportunities
The direction shall now no longer most effectively teach college students approximately commercial enterprise price range but additionally approximately approaches to emerge as an entrepreneur. While BBA in Finance will deal with Finances as the principal concern of study, entrepreneurship is an essential part of the BBA direction curriculum. Students can use their training to emerge as impartial commercial enterprise proprietors and assist create employment opportunities.
(6).
Optimum Use of Course Duration
The course is moderately difficult and daily study hours range between six and eight. Hence, students have ample time to pursue other activities and steps to enable themselves as better graduates than their peers. They can also use the time to work part-time and become independent financially. Additionally, they could also contribute as a social worker or apply for internships in business-related positions.
(2).
Admission Process
For
getting admission to the BBA Finance course, students must fulfill all the
eligibility criteria required by the colleges. The admission process is either
based on cut-off scores, management seat, which is determined by the
institution's capacity, or the board's percentage score. The utility method starts
in August. Those interested in pursuing a BBA Finance degree must have finished
their bachelor's degree. Students must also ensure that they give the entrance
exams required by the college for the admission process to move forward. The
course falls under the umbrella of the BBA and hence follows a similar
admission process.
Types
of BBA in Finance
Students
can pursue BBA in Finance guides both full-time or part-time. Listed under are
the 2 sorts of modes college students can take a look at in this course:
(1).
Distance
Many
universities and colleges in India offer Distance BBA in Finance courses.
The course is designed keeping the Distance Education methodology in mind.
(2).
Full-Time
The
full-time BBA in Finance program is typically for 3 years, during which
students will have to attend classes in person, submit assignments, and write
their exams on campus.
(3).
Part-Time
The part-time BBA in Finance course is designed for students who cannot attend regular classes. Part-time courses either entail weekend or night classes or online classes, depending on the type of course.
Eligibility
Criteria
Here
are the eligibility standards for BBA Finance:
Thus, specifically, the eligibility standards to access BBA Finance relies upon the university one is choosing. There are numerous governments in addition to non-public universities supplying this path. Even outdoors in the country, many esteemed faculties provide this program. One can get better-designated facts from the facts brochure of the university which may be both amassed from the university campus or downloaded from the internet site of the university.
Admission
Process
BBA
in Finance publications may be implemented via way of means of Indian college
students when they get hold of their mark sheets and provisional diploma
certificate for their 12th general board examinations. Here is an in-depth
collection of steps that scholars can observe to use for BBA in Finance route
admissions:
Accepted
Entrance Exams
BBA
in Finance courses generally do not require students to appear for any entrance
exams, however, there are certain universities and colleges which conduct their
own entrance exams. Students might have to appear for the same to apply for
admission to BBA in Finance course. However, such exams are conditioned as
compulsory only if the student fails to make it into the course on basis of merit.
Here are some of the popular entrance exam scores which students can use to apply for BBA in Finance courses in India:
NMAT | XAT | CAT |
IPU CAT | ATMA | MAT |
DU JAT | RMAT | CMAT |
NPAT | SNAP |
Skills
Required
The skills in the field of finance are vast and also need professionals to have these skills to grow in the field. The management field demands a student to have some particular skills to manage different types of work. Check out the table below to know some of the skills required for a BBA in Finance below:
Problem-solving Attitude | Etiquette | Conversational Skills |
Professional Communication Skills and Behavioral Grooming | Interpersonal Skills | Critical and Analytical Thinking |
Self-motivated | Leadership Skills | Decision Making |
Selling | Multi-tasking | Detail-oriented |
Strong work ethic | Management Experience | Effective Communication |
Organizational Skills | Committed | Adaptability |
Persuading skills | Consulting and Problem Solving Skills | Work Under Pressure |
Team Player | Teamwork | Time Management Skills |
Writing Skills | Financial Reporting |
Note: All the above tests are primarily designed for MBA and allied courses admissions, however, BBA being a bachelor’s degree in business administration can be applied for using the above entrance exam scores.
Fee Structure
The Bachelor in Business Administration (Finance) direction costs may also range primarily based totally on the centers and the infrastructure supplied via way of means of the College/University. The common direction charge levels are from INR 2,00,000-5,00,000.
Name of college | Average Annual Fees(INR) |
Institute of Management Studies, Noida | INR 3,29,000 |
Christ University, Bangalore | INR 5,63,000 |
Madras Christen College, MCC, Chennai | INR 83,000 |
Quantum University, Roorkee | INR 70,000 |
Selection
Criteria
Selection
will be made on the basis of merit of the percentage in the 10+2 class or
Equivalent, performance in academic and extracurricular activities, essays, and
performance in a personal interview.
But some universities take their own entrance test for admission in the BBA finance. After the entrance exam, a merit list will be prepared on the basis of the marks obtained in the entrance exam. On the basis of the merit list, all the seats of the college of the course of Bachelor of Business administration in Finance will be allotted to the candidates.
(3).
Course Comparison
BBA
Finance v/s BBA HRM
Listed beneath is the contrast between BBA Finance and BBA HRM:
Parameters | BBA HRM | BBA Finance |
Course Name | Bachelor of Business Administration in Human Resource Management | Bachelor of Business Administration in Finance |
Course Overview | BBA Human Resource Management is a 3 years undergraduate course that deals with helping students gain crucial skills that will help the students relearn about managing human resources in an organization. The curriculum of BBA Human Resource Management is divided into 6 semesters which will help students to learn periodically. | BBA Finance is a three-year undergraduate application that offers budgeting, finance, and facts analytics. Graduates of this application have an extensive variety of labor possibilities within the monetary industry. |
Course Duration | 3 years | 3 years |
Course Level | Undergraduate | Undergraduate |
Eligibility Criteria | 50% in 10+2 with English | 12th Pass with any stream from a recognized university with relevant subjects |
Admission Process | Merit/Entrance-based | Merit/Entrance-based |
Higher Education Scope | MBA, Ph.D., M.phil | MBA Finance, CA, CMA |
Career Prospect | Business Administration Professor, Production Manager, Finance Manager, HR Manager | Financial Analyst, Business Analyst - IT, Operations Manager, Relationship Manager, Finance Manager, Senior Financial Analyst, Senior Business Analyst, Loan Officer, Finance Executive, etc. |
(4).
Top Colleges
There are numerous faculties that offer BBA Finance publications in India which offer a current getting-to-know possibility approximately the Financial fame of enterprise administrative work. Some of the BBA Finance faculties and their common prices are tabulated beneath for imparting extra records on alternatives that are to be had for fascinated candidates.
(5).
Job & Placements
BBA
Finance is a worrying expert route that needs applicants who're specialists
in the Financial control and advertising fields. These publications
are treasured for the economic expertise of enterprise careers and company
corporations which might be usually in want of experts who're specialists in
the operation of the economic system.
Job
Profiles
BBA
Finance or Bachelor of Business administration in Finance is an undergraduate
financial management course. The aim of BBA finance is to give students a
holistic understanding of how the domestic and global financial system works.
Students of BBA Finance gain practical & theoretical knowledge of various financial components such as financial engineering, portfolio management, etc. BBA Finance students can do jobs in various sectors with different profiles. Students of BBA finance can do jobs in mutual funds, Commercial Banking, Investment banking, Life insurance, Health care sector, etc.
Job Profile | Job Description |
Operations Manager | The Operation Manager is responsible for the smooth functioning of the operations department of the organization. They also have to make sure that the needs and requirements of the operations department are fulfilled. |
Relationship Manager | A Relationship Manager has to make certain that the general family members of the enterprise in phrases of finance seem after. |
Recover Agent | The job of the recovery agent is very challenging and dangerous. recovery agent repossesses the items on which the purchaser has not paid by enforcement, works for credit card companies, etc. |
Finance Manager | A Finance Manager is the one who reviews the financial reports, prepares activity reports, and financial forecasts, and also monitors the accounts to look after the financial requirements of the organization if any. |
Credit analyst | The job of the credit analyst is to prepare reports about the degree of risk in lending money to clients, and analyze credit data and financial information of the companies or persons that are applying for credit or loans to determine the risk that the bank, loaned. |
Business Analyst | The Business Analyst helps with analyzing the data and using it in an appropriate way to increase the financial profit of the company. They also provide various suggestions from the insights of the organization. |
Loan Officer | The job of the loan officer is to analyze, evaluate or recommend approval of credit loans, advise the borrower for the payments, approve loans within specified limits and refer loan applications outside those limits to management for approval. |
Marketing and sales executive | The job of the marketing and sales executive creates more business for the company by promoting the product, providing service, by developing sales strategies to fulfill the requirement of the customers. |
Bank Manager | A Bank Manager supervises and manages the financial institution in all of the different departments any place required. |
Internal auditor | The job of the internal auditor is to ensure that the organization is complying with relevant laws and to help an organization by a disciplined approach to evaluate and improve the effectiveness of risk management. |
Employment
Areas
The
following employment areas as given below:
(i). Colleges
& Universities
(ii). Commercial Banking / Investment Banking
(iii). Health Care Sector
(iv). Life Insurance Companies / Mutual Funds
(v). Marketing Sector
(vi). Share & Capital Markets
(v). Tourism Sector
Top
Recruiters
Following are the top companies in India that hire BBA Finance graduates:
Morgan Stanley | Insurance sector | HDFC Life |
NRHM | KPOs in Mumbai | HSBC |
Oil India Limited | Lehman Brothers | ICICI banks |
Public service commission | Life Insurance | Railways |
E&Y | BCG | Barclays |
Genpact | RBI banks |
Average
Salary
The salary offered will depend on an individual’s score, experience, job profile, and other factors. On average, the average starting salary for a BBA Finance graduate will be about INR 4,50,000-5,00,000. It varies from 2,50,000-10,00,000. Students can increase their exposure as well as gain higher education like MBA to enhance their salary packages.
Job Role | Average Annual Salary (INR) |
Financial Executive | INR 7,50,000 |
Financial Analyst | INR 5,00,000 |
Investment Banker | INR 9,61,000 |
Loan Officer | INR 5,00,000-7,00,000 |
Office Executive | INR 7,00,000 |
Financial Manager | INR 5,15,000 |
Sales & marketing executive | INR 10,00,000-15,00,000 |
Internal auditor | INR 6,00,000-8,00,000 |
Operation Manager | INR 6,70,000 |
Credit analyst | INR 5,00,000-6,00,000 |
Business analyst | INR 4,50,000 |
Data Scientist | INR 6,90,000 |
(6).
Career/Scope
After
you have pursued BBA in Finance, there are several career paths that you can
take. You can decide to pursue education further which includes pursuing an MBA
or even Ph.D. There are other specialization programs as well. Students can
even pursue their careers in CA or prepare for government jobs like civil
services.
Financial management graduates can work in risk management, retail, private business, insurance management, finance, treasury, sales and trade, and the stock market.
Job
Prospects
The
financial department is also one of the major departments considered for a
company’s success. Every company required quality and skilled financial
managers to manage all of its financial activities. A good financial manager
always focuses on providing the best services to the employees within the
budget. Candidates may apply for a job at any company or organization as there
is always a requirement for financial executives and managers at the companies.
Candidates may apply in any of the following sectors:
(i).
Commercial Banking
(ii). Mutual Funds
(iii).Tourism Sector
(iv). Marketing Sector
(v). Life Insurance Companies
(vi). Share & Capital Markets
(vii). Investment Banking
Career
Options after BBA Finance
Financial
management graduates would work in risk management, retail, private business,
insurance management, finance, treasury, sales and trade, and the stock market.
BBA Finance is very popular in India, and it offers a wide range of career
options, with notable work profiles including:
(i). Finance
associates
(ii). Financial administration directors
(iii). Financial consultants
(iv). Financial advisors
Scope
for Higher Education in BBA Finance
Students
who choose BBA Finance will hire auditors to help them deal with and settle
financial crises. Following undergraduate studies, one may pursue various MBA
programs, such as MBA Finance, or other specialization courses, such as the
financial analyst certification program, chartered accountancy, and finance and
investment certification. Some of the courses that students can pursue include:
(i). CA
(ii). MBA
(iii). PhD
Skills
that make you the Best Finance Analyst
To
become a successful financial analyst, aspirants must possess specific skills.
Some of these skills are listed below that one must acquire to be the best
finance analyst:
(i).
Decision-making skills
(ii). Attention to detail
(iii). Communication skills
(iv). Leadership skills
(v). Interpersonal skills
(7).
FAQs
(1). What is BBA Finance?
(2). How many types of courses are
available for BBA in Finance degree?
(3). Who should be applying for this
course?
(4). What is the average fee for BBA
Finance?
(5). Is BBA in Finance tough?
(6). Are there any specializations
available related to BBA in Finance courses?
(7). Name some of the recruiting
companies that recruit BBA Finance graduates.
(8). Which are the top colleges in
India offering BBA in Finance courses?
Ans. The top colleges in India offering BBA in Finance courses include:
(i). Management Development Institute (Gurgaon)
(ii). Jamnalal Bajaj Institute of Management Studies (Mumbai)
(iii). Faculty of Management Studies (Delhi)
(iv). Department of Management Studies, Indian Institute of Technology (Delhi)
(v). Institute of Management Technology (Ghaziabad)
(9). What is the average salary for
BBA Finance?
(10). Is it compulsory to clear
entrance exams to get admission to BBA in Finance?
(11). Do I need to know mathematics to
pursue BBA in Finance?
(12). Can I do BBA after my 12
standards?
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