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Study Banking Courses Abroad in 2024
Over the years we have seen a paradigm shift in the banking sector due to technological advances. Many subdomains are coming into the financial sector which is increasing the demand for professionals that can adapt themselves in various facets of the domain. To get ahead in this field, Indian students can pursue a banking course according to their interest from a reputed abroad university. Various banking courses are now offered by a number of universities around the world. This blog will shed light on the required information for an Indian student who wants to study abroad to make a career in the banking industry.
Table Of Contents
Table Of Contents
Defining the Banking Courses
Banking courses are educational programs that provide a huge understanding and knowledge to students related to the banking industry. The program covers several aspects of banking that include financial management, banking operations, banking regulations and customer services. This is a specialized banking program that enhances students’ understanding of how a bank works and how to perform various tasks within a bank. Most Indian students prefer to study in an abroad university to make their career in the banking industry due to the availability of high-quality education and better job opportunities. Abroad education builds a solid foundation of skills and knowledge that increases advancement opportunities and career prospects in the industry of banking.
1. Why Pursue a Banking Course From Abroad?
Banking is a diverse and important field that needs employees to have a complete understanding of how a bank works and operates for helping people financially. Students need a detailed understanding of banking regulations and the financial industry to maintain a growthful environment within a bank. Abroad studies help students to gain expertise in these areas:
- Analyzing international stock markets
- Advising investors
- Brokering financial deals
- Creating a budget for individuals or companies
- Auditing financial records according to legal guidelines
Banking Courses That Indian Students Can Pursue Abroad
Whether you're a 12th pass or a graduate student from any stream, it’s not too late to pursue higher education in the field of banking. Read below to know the specialized bachelor, master and diploma banking courses you can pursue from abroad.
1. Banking Courses After 12th for Indian Students
Indian students from different streams, like arts, commerce and science, who have an interest in learning and exploring the banking sector can pursue various courses after completing their schooling. Here are the top banking courses that Indian students can pursue from abroad to make a career in banking:
- BA in Banking and Finance
- BA in Banking and Financial Planning
- BA in International Finance and Banking
- BBA (Hons) Finance and Banking
- BCom in Banking
- B.Sc. in Banking and Finance
- B.Sc. (Hons) Economics with Banking
- B.Sc. (Hons) in Money, Banking and Finance
- Bachelor of Business (Banking)
- Bachelor of Business (Banking and Finance)
- Bachelor of Business and Commerce (Banking and Finance)
2. Banking Courses After Graduation for Indian Students
The graduation programs of banking provide the core information of the banking sector to students. Graduates of banking gain comprehensive knowledge about eCommerce, Global Banking Services, Financial Security, Portfolio Management and more. After completing their graduation in a related field, Indian students can pursue a master’s degree in banking that makes students specialized in their interest area. Here is a list of several banking courses you can pursue from abroad universities after graduation:
- MBA in Banking and Finance
- MBA in Global Banking and Finance
- MBA in Islamic Banking and Finance
- MCom (Banking)
- M.Sc. in Banking and Finance
- M.Sc. in Financial Services in Banking
- M.Sc. in Finance Banking and Insurance
- M.Sc. in Banking and Risk
- M.Sc. in Banking, Finance and Risk Management
- M.Sc.in Business Economics, Finance, and Banking
- M.Sc. in International Banking and Finance
- M.Sc. in Global Banking and Finance
- M.Sc. in Islamic Banking and Finance
- Master of Law in International Banking
- Master of Banking and Finance Law
3. Courses for Diploma in International Banking and Finance
Many universities abroad offer several banking diploma and certification course programs in banking that increase student knowledge about the latest information related to the field. These programs help students by several banking classes to get specialization in the field of their interest. Indian students can gain extensive expertise in their specific job profile by pursuing diploma and certification courses from abroad. Here are the top banking diplomas and certification programs:
- Graduate Certificate of Finance and Banking
- Graduate Certificate in Banking Security
- Diploma in Banking Services Management
- Graduate Diploma in Banking
- Graduate Diploma in Banking and Finance Law
- Masters Diploma in Global Banking and Finance
4. International Banking and Finance Courses for Indian Students
International Banking Certifications are generally 1 or 2-year programs that cover all the important aspects of banking to enhance students’ knowledge in this field. Here are some of the top banking certificate courses that Indian students can pursue from abroad:
- Certified Public Accountant (CPA)
- Chartered Financial Analyst (CFA)
- Chartered Mutual Fund Counsellor (CMFC)
- FRM
- Certified Financial Planner (CFP)
- Chartered Alternative Investment Analyst (CAIA)
- Certified Management Accountant (CMA)
- BAT Course
3. Eligibility Criteria to Study Banking Courses Abroad
The Indian students who are looking for the requirements that are essential to study banking courses abroad, here we have covered this topic to help them:
- To pursue a bachelor’s or diploma in banking, the student should complete their formal education of 12th from a recognized board along with SAT scores.
- For pursuing a Master’s or MBA course in banking, the students need to complete their UG degree in a related field with a minimum of 50%, along with qualified scores in GMAT or GRE.
- The candidate needs to clear English language proficiency exams such as IELTS, TOEFL etc.
4. Documents Required to Study Overseas for a Banking Course
Indian students, who dream to apply for study abroad to pursue a banking course, need to submit these documents to the university of their choice:
- Application Form
- Passport
- Statement of Purpose (SOP)
- Academic Transcripts
- LOR (Letter of Recommendation)
- A good score in IELTS, TOEFL, PTE etc.
- Proof of Financial Resources
- CV-Curriculum Vitae
- Health Certificates
- Portfolio
Best Countries to Study Banking Courses Abroad
Studying abroad in banking aids you in extremely promising employment opportunities and intercultural experience that molds your academics and lifestyle. Let’s explore the best countries and their top 5 universities to begin your journey in the field of banking.
1. Study Banking Courses in the UK
Studying in the United Kingdom for a banking course is the most preferred destination for Indian students to pursue their higher education in banking. There are a number of highly-ranked universities in the UK for banking courses, of which around 17 universities are included on the list of the top 100 universities in the world, according to the QS World University Rankings. Here are the top universities of the UK for a banking course:
Program Name |
University Name |
Program Duration |
Annual Tuition Fee |
Banking and Finance - BSc (Hons) |
London Metropolitan University |
3 years |
INR 13,24,613 |
Banking and Finance - BA (Hons) |
University of the West of England - UWE Bristol |
3 years |
INR 15,94,250 |
Banking and Finance - BSc (Hons) |
Buckinghamshire New University |
3 years |
INR 13,43,277 |
Economics with Banking - BSc (Hons) |
University of Greenwich |
3 years |
INR 16,84,722 |
MSc International Banking and Finance |
Glasgow Caledonian University |
1 year 4 months |
INR 14.57L |
2. Study Banking Courses in the USA
The quality of education, the multi-cultural environment and abundant job opportunities make the USA one of the best destinations for Indian students to study overseas. Here are the top universities in the USA that offer various banking courses:
Program Name |
University Name |
Program Duration |
Annual Tuition Fee |
FINANCE (BS/BA) |
Ohio Northern University |
4 years |
INR 27.16L/yr |
Finance (BS) |
University of Scranton |
4 years |
INR 28.31L/yr |
Bachelor of Accounting and Finance (BAF) |
University of Mount Union |
4 years |
INR 26.06L/yr |
Bachelor of Science in Finance |
Utah Tech University |
4 years |
INR 12.34L/yr |
BSc Finance |
University of Illinois Urbana-Champaign |
4 years |
INR 30.95L/yr |
3. Study Banking Courses in Australia
An increasing number of international students are choosing to study in Australia because of its high-quality education, excellent quality of living and huge work opportunities. Here are the top banking schools in Australia for students who want to make their career in the banking field:
Program Name |
University Name |
Program Duration |
Annual Tuition Fee |
Bachelor of Commerce- Finance |
University of New South Wales |
3 Year |
INR 67,32,870 |
Master of Finance |
Australian National University |
2 Year |
INR 46,21,238 |
Master of Banking and Finance |
Monash University |
2 Year |
INR 45,34,119 |
Master of Finance |
University of Melbourne |
1 Year |
INR 37,44,509 |
Bachelor of Commerce - Finance |
Australian National University |
3 Year |
INR 69,31,857 |
4. Study Banking Courses in Canada
Canada has a strong investment in the banking industry and has many world-class universities to study related to this field. Here are the top universities to study in Canada for banking course:
Program Name |
University Name |
Program Duration |
Annual Tuition Fee |
Bachelor in Finance |
McGill University |
4 years |
INR 81,59,945 |
Financial Risk Management - MFRM |
University of Toronto |
1 year |
INR 38,16,722 |
Applied Financial Services - Certificate |
Northern Alberta Institute of Technology |
1 year |
INR 32,82,140 |
MBA (Finance) |
Algonquin College |
3 years |
INR 12,61,403 |
Financial & Business Economics (BA) |
York University |
4 years |
INR 16,40,210 |
5. Study Banking Courses in Germany
The excellent education system, a thriving economy and major developments in the banking industry are the top reasons for Indian students to study in Germany for a banking course. Here are the most popular universities in Germany for studying banking:
Program Name |
University Name |
Program Duration |
Annual Tuition Fee |
Finance and Information Management (MSc) |
Technical University Munich |
2 years |
INR 21.51L/Yr |
M.A Insurance |
Ludwig Maximilian University of Munich |
2 years |
INR 26.5K/Yr |
M.S Economics and Finance |
University of Tuebingen |
2 years |
INR 2.77L/Yr |
M.S Finance |
University of Goettingen |
2 years |
INR 73.8K/Yr |
B.S Mathematical Finance |
University of Konstanz |
3 years |
INR 3.4L/Yr |
What are the Banking Course Subjects in Universities Abroad?
We have already discussed the several banking courses that are available in foreign universities. These courses consist of different subjects and syllabus patterns. Some most popular subjects which every banking finance course may have are given below:
- Marketing of Financial Services
- Modern Banking Theories
- Principles of Finance
- Banking Laws
- Direct and Indirect Taxes
- Financial Markets
- Foreign Exchange
- Economics of Global Trade and Finance
- International Banking and Finance
- Commercial Bank Management
- Banking Awareness
- Financial Accounting
Conclusion
Pursuing a banking course is a rewarding field to choose for Indian students that offers better job opportunities, globally. In this blog, we have covered all the necessary information for helping Indian students to make the right decision when choosing a banking course and university. Read our other blogs to get more information about abroad studies and apply for the next intake 2024 with us for getting the best study abroad guidance.
Who Are We?
We are India’s leading study abroad consultancy with an extensive knowledge of educational opportunities worldwide. With a professional team of counselors, we aim to help students in choosing the right course and university for their higher education from abroad.
Frequently Asked Questions
These days, banks are continuously getting modern, which leads to various types of banking and finance courses for students. There is a wide range of job opportunities available for Indian students to make their career in the banking industry including stocks, funding, insurance, investment and wealth management, loan audits and more. Therefore, banking is the best field for those students who are looking for steady career growth.
Indian students can get highly-paid jobs in various Indian banks after completing their banking course from abroad. Overseas education enables you with all the necessary skills and knowledge you need to build a successful career in this field. Here is the list of top Indian banks, where you can start your successful career:
- State Bank of India
- Bank of Baroda
- Canara Bank
- Dena Bank
- ICICI Bank
- HDFC Bank
- RBI
- Central Bank of India
- Bank of India
Yes, students from all streams in the 12th standard are eligible to enroll in banking courses at foreign universities. Students need to choose the right course while starting their careers in the banking sector. If you are not sure about which course and country you have to choose, you can contact the Career Clinic. The vast knowledge of our study abroad counselors will assist you in making the right decision to achieve your future goals.
Planning to study abroad can be daunting for an Indian student, but you can make your journey smooth with the right study abroad consultancy and pre-planning. Before making any final decision, Indian students need to research the right course and university according to their interests and future goals. You need to look at the teaching modules, campus life and job opportunities provided by the university.
Most of the banking courses abroad are made up of different core modules and a range of elective programs that students can choose as per their interests. Among some of the core modules and topics, Indian students can expect to learn from studying banking course abroad:
- Microeconomics
- Macroeconomics
- Principles and practices of banking
- Banking Governance and Ethics
- Banking Systems
- Commercial banking
- International banking and finance
- Financial Mathematics