Which Course is better for banking after class 12th

The field of Commerce is very diverse. Students can easily enrol in professional courses, management courses, finance courses, banking courses, and so on after completing the 12th grade in Commerce. In today's world, Commerce is a highly fragmented field due to its stability, expansion, and development in almost every industry. Because of this, students are concentrating on establishing a career in Commerce, which will assist them in developing professionally.

The 12th-grade students in the commerce stream have a wide range of career options to explore and become experts in. E-commerce, finance, and even literature are among them. On the other hand, the banking industry is yet another sector that has thrived over the past ten years and is poised for even greater success in the years to come. So what banking programs are available after the 12th grade? There are many things to discuss, and we've listed a few in this article.

Best Banking Course after Class 12th Commerce:

1. Bachelor of Commerce (B. Com) is a three-year undergraduate program that teaches students managerial skills while focusing on a specific business area. It covers topics like Commerce, economics, business law, accounting, taxation, and finance.

Enrolling in BCom courses requires a 50% or higher score on class 12 or equivalent exam. Students majoring in Commerce are most eager to take the BCom course. The BCom Syllabus focuses on accounting, taxation, and economics.

2. The B Com Economics is a three-year undergraduate course examining how goods and services are produced, distributed, and used. A Bachelor of Economics is an option for students who want to work in banking, finance, and other major corporate industries.

3. Bachelor of Accounting and Finance (BAF) is a three-year undergraduate course offering in-depth accounting and finance knowledge. Students must pass class 12th board exams with a minimum of 50% aggregate marks or an equivalent CGPA from a recognized board. The Course should be taken by candidates who want to work as investment bankers or audit managers.

4. A diploma in Banking and Insurance in Banking and Insurance is a three-year course that covers theoretical banking and insurance topics. With at least 50% from a recognized educational board, you completed your 10+2 education.

5. Chartered Accountancy- The prestigious Chartered Accountancy CA or Chartered Accountancy designation is awarded to accounting professionals worldwide. You will learn about tax law, taxation, corporate law, business law, and auditing in this Course.

CPT (Common Proficiency Test), IPCC (Integrated Professional Competence Course), and FC (Final Course) are the exams that students must pass to advance to the following level. After 12th grade, CA is one of commerce students' most popular career paths. Because of the Course's overall difficulty, some students may need multiple attempts to complete a level. Before enrolling in the Course, you should check out the maximum number of attempts to better prepare. It is one of the careers in Commerce with the highest pay.

In contrast to CA, The Institute of Company Secretaries of India (ICSI) oversees the Company Secretary (CS) program. Therefore, this Course would be preferred by commerce students who prefer law theory classes.

6. The CS professional program, like the CA course, has levels to complete before reaching the final level. The students learn about business contracts and legal proposals in this Course. It will eventually assist you in attaining senior positions in large corporations and businesses.

The ICAI (Institute of Cost Accountants of India) offers the professional course Cost and Management Accountants. CA and CS are very similar to it. This program's curriculum is based on the foundation, intermediate, and final levels students must pass to graduate. A total of twenty subjects are required of the students, some of which are listed below:

Banking Entrance Exams

One of the most popular 12th-grade majors is Commerce, which lets students collaborate with a wide range of global corporations and brands to earn a respectable salary and live the life they want. First, however, they must prepare for the exams that will enable them to enrol in the Course and college of their choice before beginning the Course. Some of the important exams are:

• SBI PO
• SBI SO
• SBI Clerk
• IBPS PO (CWE PO/MT)
• IBPS SO (CWE SO)
• IBPS Clerk (CWE Clerical)
• IBPS RRB (CWE RRB)
• RBI Officer Grade B
• RBI Officer Grade C
• RBI Office Assistant
• NABARD

Banking as a Career

Banking is one of India's most sought-after career options because it provides job security and high-pay packages. Because it is financially rewarding and well-paid, a career in banking has many advantages. Moreover, after gaining professional experience, the banking industry offers numerous opportunities to investigate higher-level managerial positions thanks to its fixed working hours and abundance of public holidays.

In addition, you are eligible to take bank exams if you have a degree in any field, including Commerce, arts, or science. In addition, many students take a banking course after 12th grade to prepare for the bank exam and gain a competitive advantage over their peers by learning a lot about the banking industry. In addition, pursuing a bachelor's degree in banking abroad enables you to investigate global opportunities in the industry and direct your efforts toward developing a lucrative career in this field.

Banking Diploma Course after 12^th

 The goal of diploma courses is to teach students skills and practical knowledge. Diploma programs in banking typically provide graduates and 12th-grade students with skill-specific knowledge of the banking industry. For college understudies, confirmations are one to two extended, contingent on the establishment that offers the Course. You can take the following undergraduate Diploma courses to study banking after completing your 12th year of Commerce:

1. Diploma in Actuarial Science
2. Diploma in Banking and Finance
3. Diploma in Banking, Finance, and Insurance
4. Diploma in Banking Laws
5. Diploma in Home Loan Advising 
6. Diploma in Marketing and Management

Short-Term Banking Courses after 12th Commerce or Graduation in Commerce: 

1. PG Certificate in Banking
2. PG Certificate in Banking and Finance
3. Certificate Course in Banking Management
4. Certificate in Banking
5. Certificate in Rural Banking

International Banking Courses after 12th Commerce:

1. Certified Public Accountant (CPA)
2. Chartered Financial Analyst (CFA)
3. Certified Financial Planner (CFP)
4. Chartered Alternative Investment Analyst (CAIA)
5. Certified Management Accountant (CMA)

 

Online Banking Courses after 12th Commerce:

1. Economics of Money and Banking
2. Financial Markets
3. Digital Transformation in Financial Services
4. Financial Markets and Investment Strategy
5. Relationship Management in Corporate Banking
6. Essential Career Skills for Investment Banking and Finance
7. Risk Management and Banking Financial Markets

Banking Jobs after Class 12th Commerce:

Students can choose many professional courses in and outside the banking sector. Here are some opportunities that you can apply for after your graduation:

1. Accountant: The position of an accountant is not restricted to banks only; To manage financial expenses and consolidate taxes, every organization requires accountants. Because banks are in the finance industry, accountants are essential. Banks would have difficulty managing their funding and other financial documents without accountants.

2. Financial Analyst: The financial analysts are the ones who look at the latest investment strategies and marketing trends. Their primary responsibility is to examine the company's expenditures and implement better strategies to bring about a healthier change in the banks' and other businesses' economies. The entry analyst may be paid approximately INR 2.5 LPA, which increases with experience.

3. The Market Analyzer: It likewise works under the bank administrators, and on account of IT areas, they work under the chiefs of the monetary or promoting division. This job's primary responsibility is to look for flaws in the marketing strategies implemented by the company or bank. Companies look for ways to fix problems if they find any. These analysts also look at marketing trends and cost-effectively use them.

4. Investment Banking: If high income is your primary motivation for joining the banking industry, investment banking is your best choice. However, investment banking firms select candidates from India's IIMs and other prestigious institutions. As a result, not everyone is open to it. Moreover, getting this high-paying job requires a degree from one of the best schools and a clean academic record.

5. Corporate Financing and Treasury: Operations are also part of normal commercial banking, but to get a job in this part, you need the right education and degrees. The foreign exchange segment, like this one, is a lucrative but unusual banking career option. Also, to get a job in foreign exchange, you need to know what to do.

Skills required for Banking Jobs:

1. Effective communication skills: It is essential right now because bank officers and employees must deal with transactions and performance daily, as well as the fact that every type of person works in every bank, whether they are educated or illiterate, wealthy or poor, tech-savvy or unaware of modern techniques, etc. 

2. Positive Attitude and Attractive Personality: When working in the banking industry, employees should always have a positive attitude for each job profile. Your personality should also be appealing so clients can interact with you in a friendly way.

3. Initiative and Creativity: There are times when bank employees or officers must initiate their work about their work. For this reason, every bank employee should be well prepared and incorporate as much creativity as possible into their work. We need to work effectively.

4. Working Under Pressure: Every bank employee should be able to work under pressure without making mistakes because many customers come in daily to make money transactions. Having to deal with the long lines of customers and the bank staff daily can sometimes take its toll on your mind. However, it would help if you were prepared for these circumstances.

5. Visionary Abilities: Every representative in all banks ought to take full consideration and utilize their Visionary Abilities while doing their work so that these workers can quickly hold any change/slip-up or irregularity during the work.