BBA in Finance
Finance is the backbone of any business and the graduates learn effective resource management and digital advancements. It combines economic, statistical and mathematical tools. Entrepreneurship spirit is one of the benefits offered by this course. It is a course that combines communication, management, strategy and technology.
Students with a minimum of 50% marks or more in class 12 from any recognised board and school are eligible to enrol. Admission to this program is done based on merit or entrance exam scores. CUET UG, AIMA UGAT and SET are some entrance exams students need for admission. The subjects taught include corporate finance, finance derivatives, international finance capital markets, venture capital, microeconomics and macroeconomics. The fee for this course ranges from ₹0.74 lakhs to ₹13.40 lakhs. The average package from the top institutes is ₹ 4.65 lakhs per annum to ₹ 8.22 lakhs per annum.
The table below will provide a clear understanding of the program. It mentions information regarding eligibility, the admission process, average fees and package including the recruiters for a BBA in finance. The most common job positions are also mentioned below. Students aspiring to be a part of the program can refer to the information for proper guidance.
What is a BBA in Finance
The curriculum of a BBA in finance differs from one institution to another. The subjects include cost and benefit analysis, resource management and planning a budget for the company's financial year.
Subjects like macroeconomics and microeconomics teach about the market, the demand and supply forces of the economy and the policies that play a major role in regulating a business. Cost accounting and advanced accounting teach how to evaluate the company’s fixed costs and variable costs involved in each transaction.
Banking and insurance highlight the functions and strategies of a bank. Finance students who want to study banks, enjoy this subject.
Corporate finance teaches how to set and achieve financial goals, how companies finance their daily operations, pay the employees and minimize costs.
Finance students extensively study taxation to help companies or their businesses with taxes. They are taught how to be exempted from some taxes and fill the necessary ones. Investing, trading, cryptocurrency and stock markets are also explained to the students. Risk management is an important subject to sustain the company in times of financial crisis.
Cost accounting and advanced accounting train a student to evaluate the company’s fixed costs and variable costs involved in each transaction.
The subject of corporate finance teaches students how to set and achieve the financial goals of a corporation, how companies finance their daily operations, pay the employees and minimise costs.
BBA in Finance Subjects
A BBA in finance is a three-year undergraduate course. The BBA in finance course is divided into six semesters. BBA in finance subjects includes Financial Accounting, Marketing Management, Financial Markets & Institutions and Banking & Insurance and many more.
Benefits of doing BBA in Finance
Students who have a degree in BBA in Finance have a wide range of employment opportunities in academics and finance after the completion of this degree. The graduates can opt to continue with the job or may further pursue their education. Graduates after graduating from this program get placed in the fields of finance. Such graduates get placed in fields like banking, management and government agencies as well as private enterprises.
Skill Developments after BBA in Finance
Development of Communication Skills: After completing the BBA in Finance, the candidate will be able to communicate verbally. Financial literacy for conveying the meaning of financial terminology and concepts. This is important as some stakeholders might not belong to the finance industry. For any collaboration, interpersonal skills, adaptability and an eye for detail are very important.
Development of Accounting Skills: Accounting skills are necessary for understanding a company’s performance. Anybody proficient in understanding financial documents like annual reports, income statements and balance sheets is suited for this course.
Development of Managerial Skills: BBA in Finance develops the management skills in the candidates. Professionals like general managers, financial managers, operation managers and financial investment analysts require management skills to prepare a budget whether annual, semi-annual or quarterly budget to decide the amount allocated for each sector.
Career prospects after BBA in Finance
Financial Forecasting: Financial forecasting is important to predict the future of any business. Financial forecasting makes decision-making easy. This helps create opportunities in profitable periods.
Investment: BBA in finance educates the candidates regarding the investment decision. Investing money in projects and calculating the returns to conclude whether they will be profitable or not is an important skill. For long-term growth, capital allocation is important for building wealth.
Financial decision-making: Candidates have opportunities related to financial decision-making. The skill to make financial decisions considering the goals, finances and budget, is important. This includes calculating the return on investment and estimating the cost and benefits of a project for the company.
Entrance Exam for BBA in Finance
In India, various national and institute level entrance examinations are conducted to get admission to top colleges for a BBA degree in sports management. These are as follows:
CUET: CUET (Common University Entrance Test) is the most popular entrance exam conducted every year in India for admission to various undergraduate courses. Students who want to get admitted in top management colleges must get a high score in CUET.
UGAT: The UGAT is a national level entrance test conducted by All India Management Association (AIMA) for taking admission in an undergraduate program that includes BBA etc.
DUET: The DUET (Delhi University Entrance Test) is state level entrance exam conducted by the National Testing Agency (NTA) to admit students for undergraduate, postgraduate and doctorate degrees at Delhi University.
IPMAT: IIM Indore and IIM Rohtak conducted the IPMAT exam for its 5 year integrated program in management.
Some entrance exams are conducted on a university basis as some of the deemed private universities in India conduct their entrance exams to qualify students for admission.
BBA in Finance: Eligibility
BBA in Finance is an undergraduate course, so the eligibility criteria for candidates to pass class 12 from the recognised schools and boards. In the BBA courses, candidates are selected on a merit basis and entrance exams. Here are key eligibility requirements for admission into the BBA course:
BBA in Finance: Admission Process
The BBA in Finance admissions process involves various steps. The steps are as follows:
BBA admission eligibility includes a class 12 pass with a minimum of 50% marks.
Register and appear for BBA entrance tests like CUET, AIMA UGAT and IPMAT or state-level and institute-level entrance exams.
Colleges shortlist candidates based on entrance exam scores or merit basis.
After the entrance exam the selected candidates are called for further rounds of the selection process. These are personal interviews (PI) and Academic scores are taken into account.
Colleges release merit lists on the basis of candidate’s scores and performance in selection rounds. After the full payment and document verification, candidates are admitted to the BBA program.
BBA in Finance Top colleges
BBA in Finance is a three to four-year undergraduate program. The course is for class 12 pass candidates. BBA in Finance has various colleges like Shaheed Sukhdev College of Business Studies, NMIMS Anil Surendra Modi School of Commerce, Mumbai, Christ University, Bangalore and O.P. Jindal Global University, Sonipat & many more.
Future Scope of BBA in Finance
BBA in Finance has a high scope of various career opportunities. BBA in finance educate the candidates regarding the various job aspects and scope of higher education increases with the increasing demand of financial analysts. A BBA in Finance is good for those who want to make their career in the finance field. Finance is the key to any organisation and business. With the help of this study, candidates can work in various finance-related fields such fields are Investment, financial forecasting, financial analysis, finance organisation, etc.
Scope of Higher Studies: By studying BBA in Finance, candidates can get equipped with various skills such as communication skills, time management skills, and decision-making skills. With the help of these skills, candidates will get higher in various firms. They can study for an MBA in finance and various other courses related to finance.
Various job prospects: After graduating in Finance candidates have more options related to the jobs. They can work as Financial Consultant, Financial Analyst, Business Analyst, Personal Financial Advisor, Investment Banking Analyst, Finance Manager, etc. By doing this course they will be eligible for various job roles.FAQ for BBA in Finance
Job roles after a BBA in Finance Management are: Financial Consultant Financial Analyst Business Analyst Personal Financial Advisor Investment Banking Analyst Finance Manager
The key subjects covered in a BBA in Finance are: Financial Markets & Institutions Principles of Management Business Law Macroeconomics Financial Modeling Fintech & Digital Marketing, etc.
After completing a BBA in finance management, candidates can pursue an MBA in finance management. After completing this course, candidates have various job opportunities in finance-related fields.
Skills developed during a BBA in Finance are: Communication Skill Accounting Skill Financial decision-making Financial forecasting Managerial skills
The top colleges for a BBA in Finance Management are: O.P. Jindal Global University, Sonipat Symbiosis International University, Pune Bharati Vidyapeeth Deemed University, Pune Christ University, Bangalore