The banking career provides candidates with a lot of opportunities and benefits. As a result, many students now prefer to study banking courses after 12th class.
Even though it is possible to get a job in the banking sector with a bachelor's degree in any stream, students who want to achieve huge success in the banking field must take banking courses after 12th commerce. It will hugely benefit them as they will gain all the necessary knowledge and skills that are useful in the banking sector.
Given below is a list of banking courses after 12th classes to help the students decide the best choice for themselves:
Banking courses after 12th Commerce:
Many students seem to believe the myth that it is possible to apply for a career in banking after 12th commerce. However, if a student wants a banking career, then he must complete at least his graduation. A graduation degree is a minimum requirement for any competitive bank exam. However, students who are about to complete the final year of their undergraduate course in a few months can also fill up the application of the competitive exams.
Bachelor of Commerce (B.Com):
B.Com or Bachelor of Commerce is an undergraduate course of 3 years. It has many subjects related to the commerce fields, such as accountancy, statistics, management, economics, human resource, marketing, finance, etc.
The main subjects of B.Com depend on the specialization of the course. The specializations of B.Com are as follows:
- Computer Application
- Advertising and Sales Management
- Foreign Trade
- Accounts and finance
- Office Management
- Tax Procedure
- Human Resources
Some of the above specializations like human resources and the best choice for students who want to study banking courses after 12th commerce without maths. However, for the students who want to study banking courses after 12th commerce with maths must take specializations like accounts and finance, tax procedure, etc.
Students who study B.Com will benefit in their banking career as it has almost all the fundamentals that will be useful in the job. However, a student must also practice his speed in maths skills as the competitive exams for banking requires it.
Eligibility: Students must have passed their 12th from a recognized board with a minimum of 50% marks in the exam.
Entrance Exams: Most of the colleges accept students based on their 12th marks. However, some colleges may prefer to conduct their own entrance exam for admission.
Duration: The duration of any B.Com specialization course is 3 years.
Skills Acquired by B.Com Students:
- Group collaboration skills
- Mathematical and statistical skills
- Analytical skills
- Evaluation skills
- Written and oral communication skills
Bachelor of Finance and Accounting:
Bachelor of Finance and Accounting gives the students an in-depth knowledge of finance and accounting. Students also acquire knowledge of taxation, business law, auditing, economics, etc.
Through the Bachelor of Finance and Accounting, students gain the knowledge of skills that they need in their banking career. Therefore, it is the best banking course after 12th class.
Eligibility: Students must have passed their 12th. They should also have studied subjects like mathematics, economics, and accounting. The minimum percentage of marks is 50-55%.
Entrance Exams: Only a few top colleges are known to conduct entrance exams for this course. The rest of the colleges accept students based on their 12th exam scores.
Duration: The duration of Bachelor of Finance and Accounting is three years.
Students also gain the following skills after completing the Bachelor of Finance and Accounting course:
- Quantitative and numerical skills
- Financial skills
- Analytical skills
- Problem-solving skills
- Awareness of different types of businesses
Diploma in Banking and Finance:
The Diploma in Banking and Finance is a short course that deals with the basics of banking and finance. The course does not cover the concepts in great depth like other courses. However, it provides a strong grasp of fundamentals to the students. As a result, it is a good bank manager course after 12th.
It is a known fact that completing graduation is necessary for starting a career in the banking sector. However, studying a Diploma in Banking and Finance before undergraduate courses can be beneficial for students who are serious about their banking careers. Therefore, it could prove to be a good choice as a banking course after 12th arts.
Eligibility: The eligibility for Diploma in Banking and Finance is a minimum 50% marks in 12th from a recognized board
Entrance Exams: Only a few reputed colleges like NMIMS, Indian Institute of Banking and Finance conduct entrance exams for this diploma course. Many of the colleges accept students based on their 12th exam scores.
Duration: The duration of Diploma in Banking and Finance is just one year.
Students gain the following skills after completing their diploma in banking and finance:
- Basic banking skills
- Basic finance skills
- Awareness of the banking world
Banking courses after 12th science:
Few science students decide to pursue a banking career instead of a career in science. However, due to the fear of change in the major subjects, they are unable to reach a proper conclusion. In such cases, the students of science would highly benefit from studying B.Sc. in Actuarial Science or B.Sc. in Economics.
B.Sc. in Actuarial Science includes the concepts of mathematics, statistics, insurance, finance, etc. The students of Actuarial Science are trained to be professionals in their field.
Since the career of banking requires professionalism and leadership skills, the course of Actuarial Science can help the students obtain some unique skills. Such skills can play a vital role in the banking career of students. Therefore, it is the best choice among banking courses after 12th science.
Eligibility: Students who want to study Actuarial Science must have completed their 10+2 exams with science subjects from a recognized board. The minimum marks for eligibility is at least 50%.
Entrance Exams: The IAI institute conducts an entrance exam called Actuarial Common Entrance Test (ACET) to shortlist students for the course. The remaining colleges may accept students based on their 12th exam scores.
Duration: The duration of the B.Sc. in Actuarial Science is three years, just like any other course.
The course of Actuarial Science teaches the following skills to the students:
- Real-world business skills
- Mathematical skills
- Interpersonal skills
- Communication skills
- Leadership skills
Banking courses after 12th arts:
Students who have studied arts in their 12th would benefit from BA courses in Economics, Finance & Accounting, etc. It would help them to understand and grab the concepts easily as they already have a good grasp on the fundamentals from their 12th. Therefore, BA courses are the best banking courses after 12th arts.
Bachelor of Economics:
The Bachelor of Economics covers the concepts of economic theory, applied economics, and econometrics. The field of economics explores how different factors have an impact on financial decisions and situations.
Since finance is a major part of the banking sector, students of economics will highly benefit from the course. They will be able to understand the wider picture of the financial world and how it affects the banking sector. Such an understanding can be of great help in their banking career. Therefore, the Bachelor of Economics is a good choice in the list of banking courses after 12th.
Eligibility: A student must have completed their 12th standard with an aggregate of 50-55%.
Entrance Exams: Different colleges have different entrance exams for admission to Bachelor of economics. Some colleges may accept students based on their 12th scores.
Duration: The duration of Bachelor of Economics is 3 years that includes six semesters.
Skills Acquired by Bachelor of Economics Students:
- Logical and critical thinking
- Data analysis
- Time management skills
- Interpersonal skills
- Commercial awareness
- Problem-solving skills
Banking courses after 12th PCM:
Students who have studied physics, chemistry, and mathematics in their 12th may find it difficult to make a minor shift to arts and commerce. In such cases, they would benefit by choosing banking courses after 12th with maths such as Finance and Accounting, CA, CMA, etc. It would give them a competitive advantage as they can use their mathematical knowledge to solve the problem of finance and accounting. Moreover, it would also help them practice their mathematical skills for banking exams.
Chartered Accountant (CA):
Chartered Accountant course after 12th teaches the students all the professional skills related to accountancy. It is one of the most in-demand courses among students who are interested in accounting and taxation. It is the most professional course in the list of banking courses after 12th commerce. CA is one of the best courses after 12th Commerce for Banking jobs.
The Chartered Accountancy course equips the students with almost all of the skills that they are going to need in the banking career. However, CA is known to be more difficult than the other courses.
Eligibility: A student must have completed 12th with a minimum of 55-60% from a recognized board.
Entrance Exams: Students who want to study the CA course must pass the CPT (Common Proficiency Test) entrance exam.
Duration: The minimum duration of the CA course after 12th is 4.5 years.
Some of the other skills that a CA student acquires are as follows:
- Proficiency at Microsoft Excel
- Accounting skills
- Financial knowledge
- High concentrating power
- High accuracy
- Analytical skills
CMA (Cost Management and Accounting):
The CMA course gives the students the skills to work in different industries and corporations. The course has three levels and 20 subjects.
All of those subjects give the students a detailed knowledge of different aspects related to accounting. It will definitely prove helpful to students who want to gain a huge success in the banking world. Therefore, students should definitely give it a consideration while selecting a banking course after 12th classes.
Eligibility: Students must have qualified their 12th standard from a recognized board to be eligible for the foundation level of CMA.
Entrance Exams: The CMA course has no particular entrance exams. It has three levels, and students must pass the exam at each level to be eligible to write the exam of the next level.
Duration: The CMA course has a flexible duration and can be completed within 6 months or 4 years. It solely depends on the student's focus and concentration.
The students also gain the following skills through a CMA course:
- Risk Management
- Cost Management
- Planning and Budgeting
- Performance Management
- Financial Skills
Banking courses after 12th commerce without maths:
The students who want to avoid maths after 12th commerce should go with BA courses and B.Com specializations that do not have the mathematics subject. However, it would be almost impossible to avoid maths totally as it is required for the concepts of finance and accounting. Moreover, students should also learn the basics of mathematics for the bank competitive exams in order to qualify it.
After completing their graduation, students are eligible to appear for the competitive exams of banks. If students get a score that is higher than the cut-off score decided by the authorities, then they can have a great career in Banking after 12th commerce. Some of the most competitive banking exams are as follows:
IBPS conducts many different entrance exams for different posts. Many banks participate in the IBPS exams and select candidates based on their IBPS score and their performance in the second stage of the exam. Some of the most common IBPS exams are:
- IBPS Clerk
- IBPS PO
- IBPS RRB CWE
- IBPS CWE
- IBPS Specialist Officers
Reserve Bank of India
The Reserve Bank of India, which is India's Central Bank, also conducts its own exams to select candidates. However, the difficulty level of these exams is higher than that of IBPS. The exams conducted by IBPS are as follows:
- RBI Assistant Exam
- RBI Grade B Exam
State Bank of India
The State Bank of India is one of the largest banks and has an international presence. Moreover, it is also included in the list of Fortune 500 companies. Therefore, almost every bank aspirant wishes to be a part of SBI. SBI conducts its own competitive exams to select candidates. The popular competitive exams conducted by SBI are as follows:
- SBI Clerk
- SBI PO
- SBI SO
Many other private banks also conduct their own exams to select candidates for different posts. Moreover, some private banks also offer job opportunities during campus placements of the college. Some institutes also guarantee a banking course with placement opportunities. However, the benefits of a job in a public sector bank is higher than that of a private sector bank.
Benefits of working in a Bank:
Many students prefer a banking career due to a high number of benefits that it provides. Some of these benefits are as follows:
- Job satisfaction
- Job security
- Opportunities for growth
- Good work culture
- Medical protection
- Good salary
Scope in the Banking Sector:
The banking field is diverse and gives its employees an opportunity to work in different fields and sectors of banking. It also gives the candidates an opportunity to work in different places and cities. It gives the candidate a chance to learn about different places and cultures during his career.
A candidate just needs a bachelor's degree to be eligible to become a bank PO. Moreover, a skilled candidate has an opportunity to rise quickly to higher positions and gain huge success. Therefore, a banking career is a perfect choice for candidates who have multiple interests and love to have different experiences.