B.Com – Banking & Insurance

B. Com. (Banking and Insurance)

First Year B.COM. ( B & I )
Total Number of Seats : 60

Bachelor of Commerce (Banking and Insurance) :
The Course shall be a full time course. The duration of the course shall be six semesters spread over three years.

Eligibility (0.5209) : A candidate for being eligible for admission to the Bachelor of Commerce (Banking and Insurance) Degree Course shall have passed XIIth Std. Examination of the Maharashtra State Board of Secondary & Higher Secondary Education or its equivalent and secured not less than 45% marks in aggregate (40% in case of reserved category) at one and the same sitting.

Students passing Diploma in Administration Services (Commercial and Secretarial Practices) conducted by Premila Vithaldas Polytechnic, S.N.D.T. Women’s University are eligible for admission to B.Com. (B&I).

Every candidate admitted to the Degree Course in the Constituent / Affiliated Colleges recognized institution, conducting the course, shall have to register himself / herself with the University.

Students coming from University / Board other than Maharashtra must get eligibility for B.Com. (Banking and Insurance).

B.Com. (B & I) Banking and Insurance Department :-
Experts from the field are invited as visiting faculty

Salient Features :-

  • Motivates Students for undertaking internship during vacations
  • Organizes placements
  • Conducts an inter-collegiate event
  • Organizes Industrial/Educational Visits

Documents Required for Admission:-
Students should bring the following documents in original along with duly attested photocopies for verification at the time of admission:-

      • Original Mark sheet of Graduation Examination (Commerce Stream), two photo copies of Mark sheet and one photo copy of Transfer Certificate (TC) / Migration Certificate (MC) for Part I admission.
      • For new admission at M.Com. (Part II). – NOC with enrolment details to be produced from the previous college.
      • One recent Passport size photography taken with light coloured dress for all classes.
      • One recent Passport size photograph of Parent / Guardian.
      • Address Proof (photo copy of Ration Card/ Electricity Bill/ Telephone Bill/Pass port/ Driving License) any one.
    • Caste Certificates (if applicable)
    • Caste Validity Certificate
    • Documentary evidence regarding special category status
    • Eligibility Certificate (issued by University) for students coming from other than Maharashtra Board and Maharashtra Technical Board). Eligibility forms will be distributed by college and same will be resubmitted to the college along with necessary documents and eligibility fees (Rs. 220/-, Rs.320/- and Rs.750/- as the case may be). Admission will be provisional till University approves the documents.
    • Physically Challenged candidates should produce the relevant certificate from competent authority.NOTE:In case the original mark sheet of Graduation Examination (Commerce Stream) has been submitted for admission to any college, a certificate to that effect, signed by the Principal of that College must be produced.

Students coming from Universities/Board other than Maharashtra State:- Students coming from outside, i.e. other than Maharashtra State Board, will be admitted to the college on the basis of provisional eligibility certificate which they must obtain from the University of Mumbai. No such student will be admitted to College without provisional certificate. In case the admission of the student is found to be invalid for any reason, the responsibility will lie with the student. Students will account for the gap if any, between H.S.C. and joining F. Y. Class by submitting gap certificate i.e. N.O.C. & T.C. from previous Institute.

Admission under Minority Quota (Sindhi):
A Student seeking admission at F.Y. level under Minority Category is required to produce documentary proof (Affidavit) certifying their Sindhi Status. It is desirable that they complete the Sindhi Certificate Course.

International Students: Foreign students seeking admission are required to submit the following documents

  • Photocopy of Passport
  • Copy of Transcript

Admission Procedure : 
To be decided by the University of Mumbai.

Bachelor of Commerce (Banking and Insurance) :
The Course shall be a full time course. The duration of the course shall be six semesters spread over three years.

The scheme of the modules shall be as follows :

FIRST YEAR
First Semester (Six Papers) Second Semester (Six Papers)
1.1 Environment and Management of Financial Services.
1.2 Principles of Management
1.3 Effective Communication – I
1.4 Economics – I (Micro)
1.5 Quantitative Methods – I
1.6 Introduction to Computer Systems
2.1 Principles and Practices of Banking and Insurance
2.2 Financial Accounting
2.3 Effective Communication – II
2.4 Economics – II (Macro)
2.5 Quantitative Methods – II
2.6 Business Law
Third Semester (Seven Papers) Fourth Semester (Seven Papers)
3.1 Laws Governing Banking and Insurance
3.2 Financial Management – I
3.3 Management Accounting (Tools and Techniques)
3.4 Customer Relationship Management in Banking and Insurance
3.5 Information Technology in Banking and Insurance
3.6 Organisation Behaviour
3.7 Taxation of Financial Services
4.1 Universal Banking
4.2 Financial Management – II
4.3 Innovations in Banking and Insurance
4.4 Corporate Law and Laws Governing Capital Markets.
4.5 Entrepreneurship Management
4.6 Financial Markets (Equity, Debt, Forex and Derivatives)
4.7 Cost Accounting of Banking and Insurance.
Fifth Semester (Seven Papers) Sixth Semester (Seven Papers)
5.1 Marketing in Banking and Insurance
5.2 Financial Services Management
5.3 International Banking and Finance
5.4 Financial Reporting and Analysis
5.5 Security Analysis and Portfolio Management
5.6 Auditing
5.7 Project Presentation Banking and Insurance – I
6.1 Strategic Management
6.2 Central Banking
6.3 International Business (Banking and Insurance)
6.4 Human Resource Management in Banking and Insurance
6.5 Business Ethics and Corporate Governance
6.6 Turnaround Management
6.7 Project Presentation Banking and Insurance – II

R. 4295 (ii) total number of lectures per paper per Semester (subject shall be maximum of 60 each of 50 minutes duration)

R. 4298 Scheme of Examination

The Scheme of Examination shall be divided in two parts.

  • Internal Assessment : 40% i.e. 40 marks.
  • Semester End Examination : 60% i.e. 60 marks.

The examination shall be of 2 hours duration. Students must get 40% marks in aggregate i.e. 40% marks in Internal Assessment (i.e. 40% of 40=16) as well as 40% marks in Semester End Examination (i.e. 40% of 60=24) separately, in order to pass the examination.

Performance Grading (Passing Standards)

    • The performance grading of the student shall be of the Seven point ranking system as under :

      Number Division Marks Grades
      I I – I
      I – II
      65 or above
      60 – 64
      O
      A
      II II-I
      II-II
      II-III
      55-59
      50-54
      45-49
      B
      C
      D
      III III 40-44 E
      IV Fail 39 or below F

      The performance grading shall be based on the aggregate performance of internal assessment and semester end examination.

    • Carry forward of Internal marks : A candidate who fails in any particular papers shall be allowed to reappear for that theory paper/s. However his / her internal assessment marks shall be carried forward, but shall be entitled grade “D” on passing.
    • A candidate shall be allowed to keep terms for Semester II if he / she passes Semester I OR if he / she fails in not more than two theory papers of Semester I.
    • A candidate shall be allowed to keep terms for Semester III if he / she passes Semester I and Semester II OR if he / she fails in not more than two theory papers of Semester I and Semester II taken together.
    • A candidate shall be allowed to keep terms for Semester IV if he / she passes in each of Semester I, II and III OR if he / she passes Semester I and fails in not more than two theory papers of Semester II and Semester III taken together.
    • A candidate shall be allowed to keep terms for Semester V if he / she passes in each of Semester I, II, III and IV OR if he / she passes Semester I and Semester II and fails in not more than two theory papers of Semester III and Semester IV taken together.
    • A candidate shall be allowed to keep terms for Semester VI if he / she passes in each of Semester I, II, III, IV and V OR if he / she passes Semester I, Semester II and Semester III and fails in not more than two theory papers of Semester IV and Semester V taken taken together.

The students of T.Y. are required to have 75% attendance at the end of  Semester V  & Semester VI.

The Principal shall not sign the Hall Tickets of T.Y. students unless the students pass the Prelims Examination. Failures will have to appear for the Re-Prelim Examination and clear the same. Hall Tickets of such students will be signed by the Principal on clearance of the Re-Exam.

Fees chargeable per annum [For B.Com. (B & I)] :
(subject to revision)

Fees Chargeable per annum for B.Com. (B & I)
Fees Structure 
*(Subject to revision)
Particulars

F.Y.B.COM. (B&I)

S.Y.B.COM.. (B&I)

T.Y.B.COM.(B&I)

1

Tuition Fees

10000.00

10000.00

10000.00

2 Library Fees

600.00

600.00

600.00

3 Gymkhana Fees

400.00

400.00

400.00

4 Other Fees /Extra CurricularActivity

250.00

250.00

250.00

5 Examination Fees

2120.00

2120.00

2120.00

6 Enrollment Fees Registration Fees

220.00

0.00

0.00

7 Disaster Relief Fund

10.00

10.00

10.00

8 Admission Processing Fees

200.00

200.00

200.00

9 Utility Fees

250.00

250.00

250.00

10 Magazine Fees

100.00

100.00

100.00

11 ID & Library Card Fees

50.00

50.00

50.00

12 Group Insurance Fees

40.00

40.00

40.00

13 Students Welfare Fund

50.00

50.00

50.00

14 Development Fees

500.00

500.00

500.00

15 Vice Chancellor’s Fund

30.00

30.00

30.00

16 Univ. Sports & CulturalActivities

30.00

30.00

30.00

17 E-Charges

20.00

20.00

20.00

18 E-Suvidha

50.00

50.00

50.00

19 Computer Practicals

2000.00

1000.00

1000.00

20 Laboratory Fees

1000.00

1000.00

1000.00

21 Alumni Association

25.00

25.00

25.00

22 Project Fees

0.00

0.00

1000.00

23 Document VerificationFees**

**

**

**

24 University Convocation Fees

250.00

25 Caution Money Deposit

150.00

0.00

0.00

26 Library Deposit

250.00

0.00

0.00

27 Laboratory Deposit

400.00

0.00

0.00

28 Forms & Prospectus

0.00

100.00

100.00

TOTAL

18745.00

16825.00

18075.00

*Fees are subject to modification as per University Rule
**Document Verification Fees Rs. 400/- applicable to Eligibility Students
Additional amount not exceeding Rs. 2500/- shall be payable by every student towards Tuition fees, Utility fees &Exam fees.

Fees are subject to modification as per University Rules.

* Students Insurance:
Students are insured for each academic year and are liable to receive monetary benefit against hospitalization charges / damages / in case of injury on account of accidents, the upper limit prescribed as Rs. 50,000/- only.

Cancellation of Admission for B.Com. (B & I): 
Students canceling their admission will be entitled to receive the refund of Semester fee paid after deduction of the amount as indicated below:

Cancellation of Admission: – Students canceling their admission will be entitled to receive the refund of Semester fee paid after deduction of the amount as indicated below:

B.Com. (B & I):

Cancellation of Admission: – Students canceling their admission will be entitled to receive the refund of fee paid after deduction of the amount as indicated below: –

REFUND OF FEES (AIDED & SELF-FINANCING COURSES EXCEPT M.COM & M.SC.)
O.2859 :  
Refund of Tuition, Development and all other fees after cancellation of admissions:
The candidates who have taken admission in under graduate courses in Govt. colleges, in Govt. aided and unaided courses conducted by affiliated colleges, and recognized Institutions may request for refund of fees after applying in writing for cancellation of their admission to the course.  The refund of fees as applicable shall be made on or before 30th day after the date of cancellation and thereafter.  The percentage of fee for the course shall be refunded to the candidate after deducting charges as follows :-

Table – 1 : Fee Deduction on cancellation of admission
Period and Percentage of deduction charges

(i)

(ii)

(iii)

(iv)

(v)

(vi)

Prior to Commencement of Academic Term and Instruction of the Course Upto 20 days after the Commencement of Academic Term of the Course From 21st day upto 50 days after the Commencement of Academic Term of the Course From 51st day upto 80 days after the Commencement of Academic Term of the Course or 31st August whichever is earlier From 1St to 30th September After September 30th
Deduction Charges Rs. 500/- Lump sum 20% of the Total Amount of Fees 30% of the Total Amount of Fees 50% of the Total Amount of Fees 60% of the Total Amount of Fees 100% of the Total Amount of Fees

NOTE :  The total amount considered for the refund of fees from the commencement of academic term of the course includes the following :-

  • All the fee items chargeable for one year are as per relevant University circulars for different Faculties (excluding the courses for which the total amount is fixed by other competent authorities).
  • The fee charged towards group insurance and all fee components to be paid as University share (including Vice-Chancellor fund, University fee for sports and cultural activities, E-charge, disaster management fund, exam fee and Enrollment fee) are non-refundable if payment is made by the college prior to the date of cancellation.
  • Fee collected for Identity card and Library card, admission form and prospectus, enrollment and any other course specific fee are not refundable after the commencement of the academic term.
  • All refundable deposits (Laboratory, Caution Money and Library etc.) shall be fully returned at the time of cancellation.

Provided that wherever admissions are made through centralized admission process for professional and/or for any other courses by other competent Authorities, the Refund Rules are applicable if specified by such authorities ( as per the rules of relevant agencies) for the 1st year admission.  In case of admission to subsequent years of the course, O.2859 is applicable for cancellation of admission.

Provided further that this refund rules is concurrent with the rules and guidelines of other professional statutory bodies appointed for admission for relevant courses.

Further that O.2859-A & O.2859-B have been replaced and the amended O.2859 relating to the refund of Tuition  Fees, Development and all other fees after cancellation of admission for the Under Graduate Courses has been brought into force with effect from the academic year 2008-2009.

Refund of Deposits (Self-financing Courses): –

Application for the refund of deposits must be made between 1st Sep. to 30th Sep or 1st Feb. to 28 Feb. of the year when applicant ceases to be a student of the college, failing which the deposit will be forfeited.

 

Department