All you need to know about BBI
Bachelor in Banking and Insurance (BBI) is an undergraduate commerce programme which provides in-depth understanding about the banking and financial sector.
Bachelor in Banking and Insurance (BBI) is an undergraduate commerce programme which provides in-depth understanding about the banking and financial sector. The total time taken to complete this programme extends over a period of three years. The course consists of six semester exams, which is divided into two semester exams every year. The programme provides insight about several financial services, accounting and insurance as it provides adequate information through training, practical approach and using modern technology to help students keep up with the constantly changing finance world. A BBI programme student has to study 38 subjects and undertake two projects during the whole programme. It also provides information on investments, legal parameters, communications, economics and entrepreneurship management.
Image source : www.managecast.com
Eligibility Criteria for BBI
Candidates are eligible only if they meet the following criteria:
1) Candidates seeking admission should have passed the Higher Secondary Examination (XII) or any equivalent exam with specialisation in any of the three streams—Arts, Commerce and Science.
2) Engineering applicants must pass their diploma courses or any other equivalent examination to apply for this programme.
3) To apply for this undergraduate programme, applicants should have at least 50% marks in aggregate.
The evaluation system is totally credit-based where the performance of candidates is evaluated in two parts—internal assessment exam and semester end examinations. Of the 100 marks, 25 marks are for the internal assessment exam, while the remaining 75 marks are for semester end exams.
1) The internal assessment exam consists of a 20-mark class test and 5 marks are for overall conduct.
2) Semester end exams have a theory-based paper pattern which consists of 5 questions carrying 15 marks each. All the questions are compulsory with internal choice questions.
The duration for the semester exams is 2.5 hours.
3) Applicants need to score at least 10 out of 25 marks in internals and at least 30 out of 75 marks in their semester end exams to pass the course with ATKT (allowed to keep terms).
4) ATKT means that students are allowed to study in the next grade even if they have failed in 1–4 subjects. So, applicants need to pass these ATKT exams to complete their course.
Interested applicants can get jobs in sectors such as Accounts, Income Tax, Insurance and Banking. For further studies, applicants can opt for courses such as Certified Financial Planner (CFP), Certified Management Accountant (CMA), Master of Business Administration (MBA), Masters in Commerce (M.Com in Banking and Finance), Chartered Financial Analyst (CFA), Chartered Accountant (CA), Company Secretary (CS) and Securities Law.