Semester-wise Syllabus for B.Com Banking and Insurance

Semester 1:

1. Financial Accounting – I

   • Basics of accounting, journal, ledger, trial balance, final accounts.

2. Business Economics – I (Microeconomics)

   • Demand & supply, market structures, pricing, consumer behavior.

3. Principles of Management

   • Management theories, planning, organizing, leadership.

4. Business Mathematics & Statistics

   • Arithmetic, algebra, probability, and business statistics.

5. Business Communication

   • Written & oral communication, business reports, formal correspondence.

6. Environmental Studies (Mandatory in some universities)

Semester 2:

1. Financial Accounting – II

   • Partnership accounts, company accounts, depreciation, inventory.

2. Business Economics – II (Macroeconomics)

   • National income, monetary policy, fiscal policy, inflation.

3. Principles of Banking

   • Banking structure, RBI functions, types of banks, payment systems.

4. Business Laws

   • Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act.

5. Computer Applications in Business

   • Basics of MS Office, banking software, Tally.

6. Principles of Marketing

   • Marketing concepts, 4Ps, branding, digital marketing.

Semester 3:

1. Banking & Insurance Law

   • RBI Act, Banking Regulation Act, IRDAI regulations.

2. Financial Markets & Services

   • Stock markets, mutual funds, NBFCs, credit rating agencies.

3. Life Insurance – Principles & Practice

   • Types of life insurance, premium calculation, policy documents.

4. Cost Accounting

   • Cost concepts, material, labor, overhead costing.

5. Income Tax – I

   • Basics of income tax, salary, house property income.

6. Elective (e.g., E-Commerce / Entrepreneurship)

Semester 4:

1. General Insurance – Principles & Practice

   • Fire, marine, health, motor insurance, claim settlement.

2. Risk Management & Insurance

   • Risk types, underwriting, reinsurance, risk mitigation.

3. Corporate Accounting

   • Issue of shares & debentures, amalgamation, liquidation.

4. Auditing

   • Audit procedures, internal control, audit reports.

5. Financial Management

   • Time value of money, capital budgeting, working capital.

6. Elective (e.g., Investment Management / Cyber Laws)

Semester 5:

1. Central Banking & Monetary Policy

   • RBI functions, monetary tools, credit control.

2. Banking Operations & Services

   • Loans, NPA management, KYC, digital banking (UPI, NEFT, RTGS).

3. Insurance Accounting & Regulations

   • IRDAI guidelines, solvency margins, financial reporting.

4. International Banking & Finance

   • Forex markets, SWIFT, trade finance, Basel norms.

5. Project Work / Internship

   • Training in banks/insurance companies.

6. Elective (e.g., Fintech / Wealth Management)

Semester 6:

1. Retail Banking & Wealth Management

   • Retail loans, mutual funds, portfolio management.

2. Actuarial Science (Basics)

   • Premium calculation, mortality tables, risk assessment.

3. Corporate Governance & Ethics in Banking

   • SEBI regulations, fraud prevention, CSR.

4. Research Project / Dissertation

   • Case study on banking/insurance sector trends.

5. Elective (e.g., Blockchain in Finance / Cyber Insurance)

Key Skills Developed:

✔ Banking Operations & Digital Banking
✔ Insurance Underwriting & Risk Management
✔ Financial Market Analysis
✔ Regulatory Compliance (RBI, IRDAI)
✔ Customer Relationship Management (CRM)