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Course Undergraduate 3 Years ₹18,000/year Verified

B.Com Banking & Insurance

Offered by University of Mumbai (State)

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09 Aug 2026 Last Updated

Quick Information

Level Undergraduate
Duration 3 Years
Fees ₹18,000/year
Certificate Yes
Institution University of Mumbai

B.Com Banking & Insurance

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Skills You'll Learn

Banking Operations Insurance Management Financial Accounting Risk Management Investment Banking General Insurance Life Insurance Financial Markets Regulatory Compliance Customer Relationship Management

Your Path to This Course

Step 1 — Eligibility 🎯 Eligibility: • 10+2 with Commerce/Mathematics • Minimum 45% marks (40% for SC/ST) 📝 Selection Process: Step 1: Fill University of Mumbai Admission Form Step 2: Merit-based selection Step 3: Document verification Step 4: Pay admission fees
Step 2 — Entrance Exam Check university website for admission process
Step 3 — Apply Fill application form with required documents
Step 4 — Join & Learn Complete 3 Years and earn your Certificate

What You'll Study

📚 Core Subjects:
• Principles of Banking
• Insurance Management
• Financial Accounting
• Risk Management
• Investment Banking
• Life Insurance
• General Insurance
• Financial Markets
• Regulatory Compliance

📝 Elective Subjects:
• Derivatives and Risk Management
• International Banking
• Corporate Finance
• Wealth Management
• Fintech and Digital Banking
• Insurance Law

Career Opportunities

Bank Officer

₹6-15 LPA

Manage banking operations

Insurance Manager

₹7-18 LPA

Manage insurance products and services

Investment Banker

₹12-30 LPA

Manage investment portfolios

Risk Manager

₹8-20 LPA

Identify and manage financial risks

Financial Analyst

₹6-16 LPA

Analyze financial data

Compliance Officer

₹7-18 LPA

Ensure regulatory compliance

Admission Requirements

🎯 Eligibility:
• 10+2 with Commerce/Mathematics
• Minimum 45% marks (40% for SC/ST)

📝 Selection Process:
Step 1: Fill University of Mumbai Admission Form
Step 2: Merit-based selection
Step 3: Document verification
Step 4: Pay admission fees

Is This Course Right for You?

✅ This course is right for you if:

• You are interested in banking and finance
• You want to work in the financial services sector
• You have strong analytical and numerical skills
• You want to understand how banks and insurance work
• You aspire to work in investment banking
• You are interested in risk management

🚀 Perfect for students who want to:
• Work in Banking sector (IBPS PO, SBI PO)
• Build a career in Insurance
• Become an Investment Banker
• Work in Fintech companies
• Pursue Risk Management career

Future Growth Prospects

📈 Future Growth Prospects:

Entry Level (0-3 years): ₹4-8 LPA
• Bank Probationary Officer
• Insurance Executive
• Financial Analyst Trainee

Mid Level (3-7 years): ₹8-18 LPA
• Bank Manager
• Insurance Manager
• Investment Banker
• Risk Manager

Senior Level (7-15 years): ₹15-35 LPA
• Chief Banking Officer
• Chief Risk Officer
• Insurance Director

📊 Industry Demand:
• Banking sector always growing
• Insurance sector expanding
• Fintech companies booming
• Risk management roles increasing
• Regulatory compliance in demand

Frequently Asked Questions

Q1. What is the duration of B.Com Banking & Insurance?
The course duration is 3 years (6 semesters).
Q2. What is the average fee for B.Com Banking & Insurance?
The average fee is ₹18,000-20,000 per year at University of Mumbai.
Q3. What are the career options after B.Com Banking & Insurance?
Career options include Bank Officer, Insurance Manager, Investment Banker, Risk Manager, and Financial Analyst.
Q4. Can I pursue MBA after this course?
Yes, B.Com Banking & Insurance graduates can pursue MBA Finance or MBA Banking.
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Last verified: 09 August 2026

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