Distance B.Com in Banking: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 3 Years
  • type of course Under Graduate
  • course stream Commerce
  • course type Distance
Written By universitykart team | Last Updated date Oct, 09, 2024

(1). About the Distance B.Com in Banking

Distance B.Com in Banking is an undergraduate application of three years, which includes 6 semesters of handling principles of Accounting, Banking, Insurance Law, Business Law, Insurance Regulations, Insurance Risk, etc. This route is for the folks who want to analyze those principles to make a thriving profession inside the banking sector.

Candidates having an aptitude hobby in banking and research-orientated technical know-how with study rational thoughts can pick out a Distance B.Com Banking Management course for their graduation. Candidates who have completed 10+2 education with a relevant stream are eligible for the course.

They must have passed their examination with at least 50% marks in 10+2 from a recognized board. The Distance B.Com Banking Management Admission is done based on both entrance examination and merit basis. CUCET, JUET, and DU JAT, etc. are some of the entrance examinations conducted for getting admission to the course.

Distance B.Com in Banking is a path on the undergraduate degree that has been designed with inputs from skilled academicians and enterprise specialists to offer conceptual and sensible knowledge to students. This B.Com distance route is supplied inside the distance mastering mode to college students as consistent with the approval from UGC-DEB.

Candidates after completing their course can expect an average salary between INR 2,00,000-5,00,000. Post completing the course, a candidate can start working as an accountant, sales representative, financial advisor, and marketing agent in companies such as Dell, TCS, HCL, Sutherland, and Wipro with an average salary between INR 2,50,000-6,00,000 PA.

Course Highlights for Distance B.com in Banking

Given below are a few of the important highlights of the course:

Particular Value
Course Name Distance Bachelor of Commerce in Banking
Course Level Undergraduate
Course Mode Distance
Course Duration 3-6 years
Examination Type Semester based
Eligibility Criteria Completed 10+2 education in Commerce subjects with at least 50% marks from a recognized board.
Admission Process Entrance/Merit-based
Entrance Exam IPU CET, JUEE, NPAT, etc.
Age Minimum 17 years
Average Annual Fees INR 1,00,000-1,50,000
Average Annual Salary INR 2,00,000-5,00,000
Job Profiles Chartered Accountant, Financial Analyst, Executive, HR Manager, Account Executive, Tax Consultant, etc.
Top Recruiters TCS, Sutherland, HCL, DELL, CTS, CITY Bank, Infosys, Wipro, Convergys, Dell, HP, Genpact, Accenture, Banks, etc.

Why study Distance B.com in Banking course?

(1). Financial Literacy

Develop a comprehensive understanding of financial concepts, including loans, interest rates, financial markets, and investment vehicles.

(2). Digital Banking

Many programs include courses on digital banking and technology, keeping you updated with the evolving landscape of banking services.

(3). Understanding Customer Needs

Learn how to understand customer financial needs and offer suitable banking and financial products.

(4). Economic Insights

Understand how economic factors impact the banking industry, helping you make informed financial decisions.

(5). Global Finance Knowledge

Learn about international banking practices and global financial markets.

(6). Personal Finance

Acquire knowledge that can help you manage your finances effectively.

(7). Ethical Considerations

Understand the ethical considerations and responsibilities involved in banking and finance.

(2). Admission Process for Distance B.Com in Banking 

The admission procedure for a Distance B.Com in Banking is also completed in the virtual mode itself and students can follow the basic guidelines provided below to apply to this course:

(i). Go to the official website of your preferred university.
(ii). Register yourself as a new user.
(iii). Fill in the required details in the application form after logging in using your credentials.
(iv). Scan and upload the required documents in the digital format.
(v). Make the payment for the registration fee for the course via net banking, or debit/credit card.
(vi). The university will mail you the status of your admission.
(vii). Pay the academic fee of the course once your application is approved.
(viii). Make sure to note the credentials that will come along with the confirmation mail.

Eligibility Criteria for Distance B.Com in Banking 

Applicants who desire to pursue Distance B.com in Banking need to the given basic eligibility criteria mentioned below:

(i). Applicants must have completed 10+2 or equivalent education from a recognized board.
(ii). Candidates should have scored at least 50% aggregate marks at the HSC level.

Accepted Entrance Exams for Distance B.com in Banking (if applicable)

There are a few entrance examinations which are mentioned below:

NPAT CUCET
JUET DU JAT
IPU CET BHU UET
JUEE
Skills Required for Distance B.com in Banking

Listed below are some of the required skills for the course:

Problem-Solving Cross-Functional Skills
Risk Management Ability to Work Under Pressure
English Communication Skills Logical Reasoning & Critical Thinking skills
Analytical Skills
Fee Structure for Distance B.com in Banking

The average course fee for this course ranges from INR 1,00,000-1,50,000 for the full program. The fees can be paid in semester-wise or annual installments as per the payment structure and facilities provided by distance universities.

Selection Criteria for Distance B.com in Banking

Students who achieve the eligibility requirements of a minimal aggregate are only admitted to Distance B.com in Banking  Management programs in India. The college's official website will have a list of selected candidates, and they will be notified of the results and following steps in the admissions process through email.

(3). Course Comparison

Distance B.com in Banking v/s B.com in Banking

Listed beneath is the contrast between Distance B.com in Banking and B.com in Banking course:

Parameter Distance B.com in Banking B.com in Banking
Course Name Distance Bachelor of Commerce in Banking Bachelor of Commerce in Banking
Course Overview Distance B.Com in Banking is an undergraduate application of three years, which includes 6 semesters of handling principles of Accounting, Banking, Insurance Law, Business Law, Insurance Regulations, Insurance Risk, etc. B.Com Banking Management is a three-year-length undergraduate software that offers the expertise of different factors of banking and an intensive expertise of the sensible software of the theory. There are many activity possibilities to be had for college students after the final touch of the course.
Course Duration 3-6 years 3years
Eligibility Criteria Completed 10+2 education in Commerce subjects with at least 50% marks from a recognized board. 10+2 in Commerce from a recognized board with a minimum of 50% marks.
Entrance Exam IPU CET, JUEE, NPAT, etc. NPAT, BHU UET, JUEE, etc.
Course Stream Banking Banking
Average Annual Fees INR 1,00,000-1,50,000 INR 1,00,000-10,00,000
Average Annual Salary INR 2,00,000-5,00,000 INR 3,00,000-15,00,000
Top Colleges Kuvempu University, Subharti University, Nalanda Open University, etc. Christ University, Arya Post Graduate College, Amguri College, etc.

Read More: B.com in Banking

(4). Top Colleges for Distance B.com in Banking

Listed here are some of the colleges that offer Distance B.com in Banking courses with their average fee:

Name of College Average Annual Fee(INR)
Jaipur National College INR 45,000
Tamil Nadu Open University INR 2,000
Kakatiya University INR 40,000
Jammu Kashmir University INR 9,350
Kuvempu University INR 40,000
Madhya Pradesh Bhoj Open University INR 2,800
Karnataka State Open University INR 8220
Netaji Subhas Open University INR 6,300
Annamalai University INR 24,000
Yashwantrao Chavan Maharashtra Open University INR 10,000
Dr. BR Ambedkar Open University INR 2,000
Acharya Nagarjuna University INR 7,420
Subharti University INR 30,000
Krishna Kanta Handique State Open University INR 5500
Integral University INR 20,000
Maharshi Dayanand University INR 8,500
Kurukshetra University INR 12,000
Allahabad State College INR 15,000
Kalinga College INR 30,000
Bareilly International College INR 14,000

(5). Job & Placements for Distance B.com in Banking

Distance B.Com Banking scope for sparkling graduates is to be had in monetary offerings in an extensive variety of roles. The schooling that the students are exposed to makes their undertaking roles very varied and flexible. The aspirants will need to paintings on realistic conditions that address accounting, main them to a number of the beneficial and surprisingly payable jobs in many of the high-quality e-trade ventures which can be mentionable task possibilities after Distance B.Com Banking Management.

Job Profiles for Distance B.com in Banking

Below are some of the popular job profiles with their job description for Distance B.Com Banking Management:

Job Profile Job Description
Equity Research Analyst The role of an equity expert is to examine financial figures and public accounts of businesses And use this exam to manipulate the really well worth of the company's inventory and to foresee the company's upcoming economic picture. Most fairness professionals are hired with the aid of brokerages or business firms.
Account Manager An account manager is a character who works for a commercial enterprise and is chargeable for the control of income and members of the family with precise customers. The account director no longer copes with the everyday going for walks of the account itself. They accomplish the connection with the customer of the account they're allotted to.
Stockbroker To achieve the financial portfolio of the client; so it could be an individual or a company. By the recommendation of a funding analyst, you shall speak over this with the client, which components to shop for or promote to get them the pleasant go back on their money.
Cashier They accept payments by money, cheque, credit card, voucher, or debit. Issue receipts, refunds, credits, or changes because of customers. Count cash in coins drawers at the beginning of shifts to certify that quantities are accurate and that there may be okay change.
Accountant Arranges asset, liability, and capital account information via way of means of assembling and studying account data. Documents economic transactions with the aid of getting into account information. Recommends economic moves with the aid of analyzing accounting choices.
Sales Officer Their main job responsibility is to clarify, sell, and implement banking securities merchandise and assist as a connection between the financial institution and its securities customers.
Auditor They authorize a settlement mounted internally to govern the method via way of means of looking at records, reports, functioning practices, and documents. Validates belongings and liabilities with the aid of referring to objects to documentation and completes with the aid of documenting audit assessments and discoveries.
Top Recruiters for Distance B.com in Banking

Below is a list of the top companies that hire B.Com Banking Management:

Royal Bank of Scotland Barclays
Santander's PWC
Deloitte State Bank of India
Natwest IBM
Deloitte Ernst and young
KPMG
Average Salary for Distance B.com in Banking

The job prospects of candidates after completing the Distance B.Com Banking Management along with the average salary are given below:

Job Role Average Annual Fee(INR)
Financial Manager Rs. 9,80,000
Account Executive Rs. 3,70,000
Financial Analyst Rs. 4,10,000
Executive Assistant Rs. 3,10,000
Accountant INR 2,50,000
(6). Career/Scope for Distance B.com in Banking

Distance B.Com in Banking Management is a Management-orientated path and opens a huge scope of Distance B.Com Banking Management jobs after its a hit completion. The route has been designed to create skilled specialists who can cope with numerous economic sports related to the Banking sectors.

Career options after Distance B.Com in Banking

Once the scholars entire their Distance B.Com in Banking they could practice for some of banking and commerce-associated process positions. Top corporates, finance corporations, and MNCs rent banking and finance graduates to deal with the price range in their businesses and businesses.

Moreover, college students also can put together diverse PSU jobs and authority activity positions after finishing this course. Mentioned below are a number of the maximum attractive activity positions to which you can apply after completing this course. 

(i). Senior Accountant
(ii). Executive Assistant
(iii). Finance Manager
(iv). Senior Account Executive
(v). Financial Analyst, etc.

Scope for Higher Education Distance B.com in Banking

Below are some of the popular master's courses that students pursue after a Distance B.Com in Banking Management:

(i). PGDM in Finance
(ii).
PGDM in Banking
(iii).
MBA
(iv).
M.Com in Finance

Skills that make you the Best Distance B.com in Banking graduate

Distance B.Com in Banking Management not only provides students with theoretical knowledge but also helps them develop valuable skills essential for a successful career in the banking industry.

(i). Business Communication
(ii).  Banking Operations
(iii). Financial Analysis
(iv). Risk Management, etc.

(7). FAQs

(1). What is Distance B.com in Banking course?

Ans. Distance B.Com in Banking is an undergraduate application of three years, which includes 6 semesters of handling principles of Accounting, Banking, Insurance Law, Business Law, Insurance Regulations, Insurance Risk, etc.

(2). What are the average course fees of the Distance B.Com Banking Management course?

Ans. The average course fee of the Distance Bachelor of Commerce in Banking Management course is around INR 1,00,000-1,50,000 per year depending upon the college and university.

(3).   What is the duration of Distance B.Com in Banking?

Ans. Distance B.Com in Banking is basically of 3-6 years degree duration.

(4). What are the eligibility criteria for the course Distance Bachelor of Commerce in Banking?

Ans. The primary Eligibility to access any unique university to have a look at on this software is that the candidate must pass 10 + 2 or any equivalent exam in any board all over the country.

(5). What are the courses I can pursue after Distance B.Com Banking Management?

Ans. M.Com in Banking Management, Master's in Business Administration, Post Graduate Diploma Management, and LLB are some of the courses you can consider after completing the course.

(6). Are internships a part of the Distance B.Com in Banking Management program?

Ans. Many universities incorporate internships as a part of the Distance B.Com in Banking Management program. Internships provide students with valuable industry exposure and practical experience. They allow students to apply their knowledge in real-world scenarios, build professional networks, and enhance their employability.

(7). What are some of the popular specializations related to the B. com in Banking course?

Ans. Some of the popular specialization degrees related to the B.Com Banking Management course are Income Tax, Banking and finance, Travel and Tourism Management, Mathematics, and Economics.

(8). Is Distance B. Com in Banking Management a suitable choice for someone without a background in commerce?

Ans. Yes, Distance B.Com in Banking Management welcomes students from diverse educational backgrounds. While a commerce background can provide a foundational understanding, the program covers essential concepts to ensure students grasp the necessary knowledge.

(9). Is there any relaxation regarding the reserved category for candidates pursuing a Distance B.Com in Banking?

Ans. The candidates usually get a 5 percent reduction provided it is the reserved category while applying for college.

(10).  Is Distance B.Com banking management good?

Ans. The Distance B. Com Banking Management course is a very rewarding and lucrative degree specialization for candidates who are looking to get a job in the Finance or Banking sector. This is a very demanding course among the commerce students.

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