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                                                                     EXHIBIT 11
                                                                    PAGE 1 OF 1
                                          
                       THE BISYS GROUP, INC. AND SUBSIDIARIES
                                          
                      COMPUTATION OF EARNINGS PER COMMON SHARE
                       (IN THOUSANDS, EXCEPT PER SHARE DATA)
                                          
                                          
                                  Three Months Ended       Six Months Ended
                                      December 31,           December 31,
                                      ------------           ------------
PRIMARY                                1996      1995       1996        1995
                                    --------  --------     --------   --------
                                  
Net earnings attributable to common 
  stock                             $  8,957  $  6,851     $ 16,623   $ 12,272
                                    --------  --------     --------   --------
                                    --------  --------     --------   --------
Weighted average number of common 
  shares outstanding                  25,016    23,378       24,931     23,294
                                                                              
Common shares issuable under stock 
  option plans                         3,359     3,081        3,320      2,959
                                                                              
Less shares assumed repurchased with
  proceeds                            (1,981)   (1,783)      (1,972)    (1,702)
                                                                              
Weighted average common and common 
    equivalent shares outstanding     26,394    24,676       26,279     24,551
                                    --------  --------     --------   --------
                                    --------  --------     --------   --------

Net earnings per common share       $   0.34  $   0.28     $   0.63   $   0.50
                                    --------  --------     --------   --------
                                    --------  --------     --------   --------

FULLY - DILUTED                             

Net earnings attributable to common 
  stock                             $  8,957  $  6,851     $ 16,623   $ 12,272
                                    --------  --------     --------   --------
                                    --------  --------     --------   --------
Weighted average number of common 
  shares outstanding                  25,016    23,378       24,931     23,294
                                                                              
Common shares issuable under stock 
  option plans                         3,359     3,081        3,320      2,959
                                                                              
Less shares assumed repurchased with 
  proceeds                            (1,981)   (1,635)      (1,972)    (1,468)
                                    --------  --------     --------   --------

Weighted average common and common 
  equivalent shares outstanding       26,394    24,824       26,279     24,785
                                    --------  --------     --------   --------
                                    --------  --------     --------   --------
Net earnings per common share       $   0.34  $   0.28      $  0.63   $   0.50
                                    --------  --------     --------   --------
                                    --------  --------     --------   --------

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