It is safe to say that the banking and finance sector holds a lot of potential for students who are interested in the field of commerce and accounts. If you have always wanted to understand the global economy or discover the challenges of the marketplace, then this is the perfect fit for you. Plenty of job opportunities within India and abroad along with handsome pay packages make this a hot favourite among ambitious graduates looking for a viable career path. The best thing is that students with different specializations can apply for bank jobs after getting a diploma that will provide them with the basics required in the banking sector.


Different institutes charge different fees for degrees and diplomas. But in general, degrees in banking and finance can cost anywhere in the range of R 10,000 to R 20,000.


For graduates and post-graduates in banking, there are a variety of job opportunities to choose from.

  1. Banking Sales Officer
  2. Bank Tellers
  3. Bank or Branch Managers
  4. Loan and Mortgage Officers
  5. Credit Analysts
  6. Office or Administrative Staff
  7. Stockbroker
  8. Statistician
  9. Relationship Manager
  10. Credit Control Manager
  11. Customer Care Executive
  12. Corporate Banking Executive


The starting pay package for a fresher can be anywhere between R 8,000 to R 20,000. For students who have completed their degree from recognized B-schools and banking institutions, the pay package can be close to R 8 lakhs per annum if they are hired as relationship managers.

It is a good idea to keep a track of the latest trends in banking which will give you an edge over the competition. Those seeking a career in banking must also be very good in mathematics to be able to interpret and analyse numerical data. You must also possess great communication skills.



  • Bachelor’s Degree – 50% in 10+2 with subjects such as Accounts, Maths and Economics
  • Master’s Degree – bachelor’s degree with subjects such as Accounts, Maths and Economics.

Students interested in applying for the posts of clerks and probationary officers in nationalized banks all over India, have to appear for all-India entrance test, CET (Common All-India Entrance Test).

BEST Institutes

  • Department of Financial Studies, Delhi University.
  • Banaras Hindu University, Varanasi, UP
  • Shri Ramasamy Memorial (SRM) University, Gangtok, Sikkim


  • Certificate Course in Banking and Financing – 1-2 years
  • Certificate course in Banking – 1-2 years
  • Diploma Courses in Banking and Financing – 1-2 years
  • Diploma in Banking Services – 1-2 years
  • Bachelor of Commerce in Banking & Finance – 3 years
  • Bachelor of Commerce in Banking Management – 3 years
  • Master of Commerce in Banking and Finance – 2 years
  • Master of Commerce in International Banking – 2 years
  • Master of Business Administration in Banking and Finance – 2 years
  • Post Graduate Diploma in Bank Management – 1-2 years
  • Post Graduate Diploma in Banking and Financial Management – 1-2 years
  • Doctor of Philosophy in Banking & Finance – 2 years

Reality Byte

Banking sectors jobs offer great pay packages which is why many young professionals are entering this field. Though a white collar job, banking is stressful one as we are accountable for the client’s money, so we need to be very responsible. But it’s interesting too because when you work in a bank, you get to meet almost all sorts of people from different walks of life and to deal with their issues itself is an interesting challenge.

Rashna Bakalial, Assistant Manager, Guwahati


Bachelor of Vocation (Banking & Finance)
We are at the threshold of change and innovation as far as the academic outputs from the Higher Education Institutions are concerned. The number of graduates acquiring the age old three-year degree certificate in Arts and Science courses like B.A., B.Sc. and B. Com. constitutes a high percentage among the overall output of graduates. But these graduates require specific knowledge and skill sets to be deployed in various professions. B.Voc. (Banking & Finance) is one program that imparting specific learning skills. It is one of the programs, under Skill Development, approved by the UGC for major funding in many universities. On completion of this program, a student would have acquired the necessary skills and knowledge about banking operations. B.Voc. holds immense prospects to meet human resources requirements in the banking sector. Besides the conventional language and general proficiency courses, the students will be exposed to various nuances of banking operations. The students would learn about different banking practices, accounting procedures, various types of loans, Core-Banking Solutions, Foreign Exchange, Customer Relationship Management, Marketing of Banking Products etc. They will get practical training in banks and will be required to submit project reports, case studies and assignments on various aspects of banking. SRM University, Sikkim has launched B.Voc. (Banking & Finance) as a flagship program and the students who opt for this program would enhance their employment opportunities.
Courtesy: Dr. Raja Gopal, Acting Register, SRM University, Sikkim



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