Department of Banking and Finance

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Vision

To become a leading center of excellence in vocational education by nurturing skilled professionals in the banking and finance sectors, who are well-prepared to contribute to the evolving global economy. The department envisions creating graduates with the knowledge, practical skills, and ethical standards necessary to thrive in a dynamic and competitive environment.

Mission

To provide high-quality vocational education in banking, finance, insurance, and accounting, ensuring that students acquire both theoretical knowledge and hands-on experience.
To align the program with industry standards and the National Skills Qualifications Framework (NSQF), fostering employability and professional growth.
To engage students in internships, fieldwork, and real-world projects that enhance their practical skills and prepare them for immediate entry into the workforce.
To promote ethical, responsible, and sustainable business practices among students, ensuring they contribute positively to society and the economy.
To continuously update the curriculum to reflect the latest developments in the banking and finance sectors, ensuring students remain competitive and adaptable to changes in the industry.

Objectives

Skill Development:

To provide students with practical skills and knowledge in banking, insurance, accounting, and finance, ensuring they are equipped to meet industry demands.

Theoretical Understanding:

To enhance students’ understanding of key theoretical concepts and frameworks in finance and banking, enabling them to apply these principles in real-world scenarios.

Industry Alignment:

To align the curriculum with the National Skills Qualifications Framework (NSQF) and current industry standards, ensuring that graduates are job-ready and relevant in the marketplace.

Internship Opportunities:

To facilitate internships and fieldwork experiences that allow students to gain hands-on exposure to the banking and finance sectors, enhancing their practical knowledge and skills.

Research and Innovation:

To encourage students and faculty to engage in research initiatives that address contemporary issues in banking and finance, fostering innovation and critical thinking.

Career Readiness:

To prepare students for various career paths in banking, finance, and related fields by providing them with the skills, knowledge, and experiences necessary for successful employment.

Lifelong Learning:

To instill a commitment to lifelong learning in students, encouraging them to stay updated with industry trends and pursue continuous professional development.

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About the Department

The Department of Bachelor of Vocation (B.Voc) in Banking and Finance was established in the academic year 2020-21 to meet the growing demand for skilled professionals in the banking, insurance, accounting, and finance sectors. The program aims to provide students with a robust blend of theoretical knowledge and practical skills, ensuring they are well-prepared to face the dynamic challenges of the industry.

The curriculum is meticulously aligned with the National Skills Qualifications Framework (NSQF) guidelines, ensuring compliance with national standards for vocational education. This alignment guarantees that students acquire relevant competencies that enhance their employability and readiness for the workforce.

Program Structure

Certificate: Awarded upon successful completion of the first semester.
Diploma: Granted after the successful completion of the first year.
Advanced Diploma: Conferred upon passing the second year.
Degree: Awarded after completing the third year of the program.

The first batch of students successfully graduated in the 2022-23 academic year, marking a significant milestone for the program.

Program Highlights

Skill Development:

The curriculum emphasizes practical skills in banking, insurance, accounting, and finance, aligning with NSQF guidelines to ensure industry relevance and employability.

Internship and Field Work:

The program incorporates internships and fieldwork, providing students with essential hands-on experience and exposure to real-world scenarios in their chosen field.

This program is ideal for students seeking a strong foundation in banking and finance, with a clear focus on practical experience, industry readiness, and adherence to national educational standards.

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Faculty

Mrunmayi S. Paranjape

Assistant Professor

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Amruta C. Dandekar

Assistant Professor

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Chaitrali D. Kadam

Assistant Professor

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Undergraduate Programs

Academic year of Implementation	Class	Semester	Course Code	Course Title	No. of credit	Link of syllabus	Status
2024	F.Y.B.Voc.(BFS)	I	B101BFT	Introduction to Banking & Insurance	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	I	B102RBP	Retail Banking	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	I	B103INP	Insurance Agent	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	I	B104ACT	Basics of Accountancy	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	I	B105ACP	Computerized Accounting with Tally Prime - I	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	I	BFSE101	Basic skills of Marketing	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	I	BFOE101	Banking Laws and Regulations- I	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	B106BFT	Introduction to Banking and Insurance II	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	B107RBP	Retail Banking II	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	B108INP	Life Insurance	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	B109ACT	Basics of Accountancy II	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	B110ACP	Computerised accounting with Tally Prime -II	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	BFSE102	Advance skills of marketing	2	View File label	Revised
2024	F.Y.B.Voc.(BFS)	II	BFOE102	Banking Laws and Regulations- II	2	View File label	Revised
2021	S.Y.B.Voc.(BFS)	III	BUBFT31	Advance Banking	3	View File label
2021	S.Y.B.Voc.(BFS)	III	BUBFT32	Practical aspect of Insurance	3
2021	S.Y.B.Voc.(BFS)	III	BUBFT33	Introduction to Bank Accounting	3
2021	S.Y.B.Voc.(BFS)	III	BUBFT34	EVS	3
2021	S.Y.B.Voc.(BFS)	III	BUBFP31	Advance Banking (Practical)	4
2021	S.Y.B.Voc.(BFS)	III	BUBFP32	Practical aspect of Insurance (Practical)	4
2021	S.Y.B.Voc.(BFS)	III	BUBFP33	Introduction to Bank Accounting (Practical)	4
2021	S.Y.B.Voc.(BFS)	III	BUBFP34	EVS (Practical)	4
2021	S.Y.B.Voc.(BFS)	IV	BUBFT41	Introduction to Financial Market	3	View File label
2021	S.Y.B.Voc.(BFS)	IV	BUBFT42	Insurance Agency, Marketing And Ombudsman	3
2021	S.Y.B.Voc.(BFS)	IV	BUBFT43	Application of Tally Package	3
2021	S.Y.B.Voc.(BFS)	IV	BUBFT44	Communication Skills I	3
2021	S.Y.B.Voc.(BFS)	IV	BUBFP41	Introduction to Financial Market(Practical)	4
2021	S.Y.B.Voc.(BFS)	IV	BUBFP42	Insurance Agency, Marketing And Ombudsman(Practical)	4
2021	S.Y.B.Voc.(BFS)	IV	BUBFP43	Application of Tally Package (Practical)	4
2021	S.Y.B.Voc.(BFS)	IV	BUBFP44	Communication Skills I (Practical)	4
2022	T.Y.B.Voc.(BFS)	V	BUBFT51	Mutual Fund Advisor	3	View File label
2022	T.Y.B.Voc.(BFS)	V	BUBFT52	financial markets and Services	3
2022	T.Y.B.Voc.(BFS)	V	BUBFT53	GST	3
2022	T.Y.B.Voc.(BFS)	V	BUBFT54	Research Methodology	3
2022	T.Y.B.Voc.(BFS)	V	BUBFP51	Mutual Fund Advisor (Practical)	4
2022	T.Y.B.Voc.(BFS)	V	BUBFP52	financial markets and Services (Practical)	4
2022	T.Y.B.Voc.(BFS)	V	BUBFP53	GST (Practical)	4
2022	T.Y.B.Voc.(BFS)	V	BUBFP54	Internship / Research Project	4
2022	T.Y.B.Voc.(BFS)	VI	BUBFT61	Micro Finance Executive	3	View File label
2022	T.Y.B.Voc.(BFS)	VI	BUBFT62	Company Final Account	3
2022	T.Y.B.Voc.(BFS)	VI	BUBFT63	GST accounts Assistant	3
2022	T.Y.B.Voc.(BFS)	VI	BUBFT64	Loan approval and credit analysis	3
2022	T.Y.B.Voc.(BFS)	VI	BUBFP61	Micro Finance Executive (Practical)	4
2022	T.Y.B.Voc.(BFS)	VI	BUBFP62	Company Final Account (Practical)	4
2022	T.Y.B.Voc.(BFS)	VI	BUBFP63	GST accounts Assistant (Practical)	4
2022	T.Y.B.Voc.(BFS)	VI	BUBFP64	Loan approval and credit analysis (Practical)	4
2020	F.Y.B.Voc.(BFS)	I	BUBFT11	Introduction to Banking(Theory)	3	View File label
2020	F.Y.B.Voc.(BFS)	I	BUBFT12	Insurance I (Theory)	3
2020	F.Y.B.Voc.(BFS)	I	BUBFT13	Basics of Accountancy (Theory)	3
2020	F.Y.B.Voc.(BFS)	I	BUBFT14	Computer Fundamentals for Office Automation(Theory)	3
2020	F.Y.B.Voc.(BFS)	I	BUBFP11	Introduction to Banking (Practical)	4
2020	F.Y.B.Voc.(BFS)	I	BUBFP12	Insurance I (Practical)	4
2020	F.Y.B.Voc.(BFS)	I	BUBFP13	Basics of Accountancy (Practical)	4
2020	F.Y.B.Voc.(BFS)	I	BUBFP14	Computer Fundamentals for Office Automation(Practical)	4
2020	F.Y.B.Voc.(BFS)	II	BUBFT21	Banking Correspondent (Theory)	3	View File label
2020	F.Y.B.Voc.(BFS)	II	BUBFT22	Insurance II (Theory)	3
2020	F.Y.B.Voc.(BFS)	II	BUBFT23	Basics of Accountancy II (Theory)	3
2020	F.Y.B.Voc.(BFS)	II	BUBFT24	Communication Skills I (Theory)	3
2020	F.Y.B.Voc.(BFS)	II	BUBFP21	Banking Correspondent (Practical)	4
2020	F.Y.B.Voc.(BFS)	II	BUBFP22	Insurance II (Practical)	4
2020	F.Y.B.Voc.(BFS)	II	BUBFP23	Basics of Accountancy II (Practical)	4
2020	F.Y.B.Voc.(BFS)	II	BUBFP24	Communication Skills I (Practical)	4

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Board of Studies Composition

Mrunmayi Paranajape- Pandit

Chairman of BOS

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Dr. A.M. Kulkarni

Member of BOS

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Amruta Dandekar

Member of BOS

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Akshay Pethakar

Member of BOS

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Chitrali Kadam

Member of BOS

Dr.Shobha Dedhia

Other Unversity Expert

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Mr.Prasad Apte

Industry Expert

Shekhar Raje

Industry expert

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Sakshi Sawant

Alumni of college

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BoS: Minutes, Resolutions and ATR

Date of the Meeting	Link for Agenda	Link for Minutes	Link for Resolutions	Link for ATR
11.03.2024	View File label	View File label	View File label
21.09.2022	View File label	View File label	View File label

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Learning Resources

Library and E-Learning Resources

Workshops and Guest Lectures

Internship and Industry Exposure

Skill Development Programs

Facilities

Computer Lab

Accounting Software (Tally)

Practical training in maintaining ledgers, final accounts, GST compliance, and payroll management.

Banking and Insurance Practice Lab

Mock Banking operations practical

Practical experience with day-to-day banking operations like deposits, withdrawals, and loan approvals.

Insurance Practical

Training in creating insurance policies, calculating premiums, handling claims, and risk assessments.

ATM & Online Banking Simulations

Students learn about digital transactions, online banking portals, and ATM operations.

Digital Banking

Digital Banking Training

Exposure to the latest digital banking tools like UPI, NEFT, RTGS, and mobile banking apps.

Financial Trading Lab

Stock Market Simulations

Access to virtual stock trading platforms to learn investment strategies, portfolio management, and trading techniques.
Understanding stock exchanges like NSE, BSE, and learning trading processes.

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Programs Offered

The Bachelor of Vocational Studies in Banking and Finance is a specialized undergraduate program designed to equip students with the practical knowledge and skills needed to succeed in the banking and finance industry. The program is typically structured to provide students with a comprehensive understanding of key concepts in banking, finance, and accountancy as well as hands-on training and industry exposure. The program is aligned with the National Skills Qualifications Framework (NSQF) Level: 4.5 to 5.5, signifying that it is designed to be at an intermediate to advanced level of skill development.

Here’s an overview of the Bachelor of Vocational Studies in Banking and Finance program:

Duration

3 Years

Program Structure

The program is usually divided into six semesters over three years, with a balance between theoretical learning and practical exposure. It combines subjects that cover both core banking functions and advanced financial concepts.

Key Features

Level: NSQF Level 4.5 to 5.5.
Duration: 3 years.
Skill Development: Focus on industry-relevant skills and certifications that align with the banking and finance sector's requirements.
Practical Training: Includes internships, industry interactions, and survey work to provide real-world exposure.
Eligibility: Typically requires a 10+2 qualification from any stream.

Skills Developed

Technical Skills: Proficiency in accounting, financial analysis, financial planning, and financial products.
Soft Skills: Communication, teamwork, leadership, and problem-solving skills.
Industry-Specific Skills: Understanding of banking and insurance operations, marketing of financial products, Micro Finance, GST and credit management etc.
Practical Exposure: Through internships, practical projects, and industry visits.
Technology Skills: Use of accounting software (Tally Prime)

Career Opportunities

Graduates of the Bachelor of Vocational Studies in Banking and Finance program can pursue various career paths in the banking and financial sectors. Some of the roles they can take up include:

Bank Officer
Loan Officer
Financial Consultant
Insurance Agent
Branch Manager (Retail Banking)
Financial Planner
Compliance Officer
GST consultant
Mutual fund Advisor
Accounting data operator
Micro finance advisor

Key Benefits

Job-Ready Skills: The program’s vocational nature ensures that students are prepared for immediate employment after graduation.
Industry Exposure: Through internships and hands-on training, students gain real-world experience.
Wide Scope: The banking and finance sector is vast, providing graduates with a range of job opportunities in various financial services areas.

This program provides students with both a strong theoretical foundation and practical skills necessary to thrive in the competitive and fast-evolving banking and finance sector.

Invited Quotations

Devrukh Shikshan Prasarak Mandal’s

NYA. TATYASAHEB ATHALYE ARTS, VED. S. R. SAPRE COMMERCE & VID. DADASAHEB PITRE SCIENCE COLLEGE, DEVRUKH (AUTONOMOUS)