In our previous blog, we have discussed about the BFM full form. BFM is a course that is related to finance just like that there is a BFA course. Both the courses are mostly opted by the commerce stream students. Students who want to pursue this course will get a deeper knowledge of accounting. Moreover, this course is a great proxy for the students who wish to pursue the CA course but can’t do it because of its excessive learning. To learn more about the BAF course, READ THIS BLOG!
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What is a BAF Course?
The BFA Course stands for Bachelor’s in Accounting and Finance. Its three-year duration and academic offerings can differ throughout institutions. Additionally, this course will assist you in improving your comprehension of practical topics such as financial management, investment analysis, and auditing, to mention a few. However, enrolling in a BAF course requires a few qualifications. You need to be extremely proficient in business-related courses including accounting, math, and business studies.
BAF Course: Overview
Full Form | Bachelor’s in Accounting and Finance |
Degree | Undergraduate Degree |
Admission | Admission is based on the application process |
Course Duration | 3 years |
Average Fees | INR 20,000 to INR 1,50,000 |
Subjects | Risk Management, Auditing, Taxation, Finance and Accounting |
Job Roles | Risk Analyst, Financial Analyst, Marketing Manager, Accounting Analyst |
Top Recruiters | Wipro, Accenture, etc. |
Subjects in BAF Course
The subjects that you will study in BAF course are as follows.
Core Subjects | Elective Subjects |
1. Managerial Economics 2. Strategic Management 3. Business Environment 4. Auditing 5. Business Communication 6. Quantitative Methods for Business 7. Business Law 8. Management Accounting 9. Cost Accounting 10. Financial Accounting | 1. Marketing of Financial Services 2. Portfolio Management and Security Analysis 3. Information Technology in Accountancy 4. Wealth Management 5. International Taxation |
Syllabus of BAF Course: Semester-Wise
BFA course is 3 years and the semester-wise syllabus is as follows.
SEMESTER- 1 | SEMESTER- 2 |
1. Business Communication- I 2. Financial Accounting- I 3. Foundation Course- I (Commercial Environment) 4. Micro Economics 5. Business Environment 6. Foundational Cost Accounting-I | 1. Quantitative Methods for Business- I 2. Indirect Taxation- I 3. Business Regulatory Framework- I 4. Financial Accounting- II 5. Special Accounting Areas- I 6. Business Communication- II |
SEMESTER- 3 | SEMESTER- 4 |
1. Quantitative Methods for Business- II 2. Introduction to Management 3. Business Regulatory Framework- II 4. Special Accounting Areas- II 5. Techniques of Auditing and Audit Procedures 6. Methods of Cost Accounting- II 7. Macro Economics | 1. Financial Accounting- IV 2. Company Law 3. Foundation Course- II (Soft Skill and Value Education) 4. Indirect Taxation- II 5. Information Technology Application in Business 6. Financial Market Operations 7. Special Accounting Areas- III |
SEMESTER- 5 | SEMESTER- 6 |
1. Elective- I 2. Financial Accounting- V 3. Financial Accounting- VI 4. Project Work 5. Indian Economy System 6. Direct and Indirect Taxation- III 7. Financial Statement Analysis 8. Cost Accounting- III | 1. Internship/ Project Work- II 2. Elective- II 3. Direct and Indirect Taxation- IV 4. Financial Accounting- VII 5. Financial Accounting- VIII 6. Cost Accounting- IV ng- IV |
Top Universities/ Colleges in India
BFA course is the most demanding in India just because of this many top universities/ colleges in India offer this course or from its related field. Some of the universities are:-
- Maharishi Dayanand College of Arts, Science and Commerce
- Rizvi College of Arts, Science and Commerce
- Gayatri Vidya Parishad College for PG and Degree Courses
- Birla Institute of Liberal Arts and Management Sciences
- Sanpada College of Commerce and Technology
Top Universities/ Colleges in Abroad
While taking a BAF course, the appropriate curriculum and exposure to possibilities can significantly impact your future chances. You can choose from a variety of options for this study, including a Bachelor in Accounting and a Bachelor of Accountancy and Financial Management. The top universities in the world that provide BAF and its related courses are listed below:-
- Singapore Management University
- McMaster University
- University of Limerick
- Nanyang Technological University
- Dublin City University
- Australian National University
- Massey University
- National University of Singapore
- New York University
- University of Pennsylvania
- London School of Economics
Eligibility Criteria for BAF Course
- Students must have completed their 10+2 from a well-known institution/ school from a commerce stream and have the core subjects that are Business Studies, Accountancy and Mathematics.
- Must have received at least a 50% in their senior high school diploma. Depending on the college and university, this could change.
- Lastly, for the students who want to pursue the BFA course from abroad they must have take the English language Proficiency tests such as TOEFL, IELTS, etc. And also submit the LOR and SOP.
Now, you know what are the eligibility criteria that you need to have. But if you are still confused and need guidance for studying abroad. We have the best study abroad consultants who will help you in getting a student visa and also give you the proper IELTS training. For taking your study abroad voyage to the highest peak you can fill out the registration form and take help from our experts.
Scope of BAF Course
Listed below is the scope of the BAF course in which you can make your career in.
- E-Commerce
- Economics
- Taxation
- Accountancy
- Auditing
- Actuarial Science
- Financial Management
- Business Analysis
- Banking
Courses to Pursue After BAF
There are various courses to pursue after BAF. Some of them are listed below.
- Company Secretary
- Chartered Accountant
- MFM (Master of Financial Management)
- MBA in Cost and Management Accounting
- Post Graduate Diploma in Professional Accounting
- Masters in Accounting and Taxation
- MBA in Finance
- MCom in Finance
Jobs and Salaries After BAF
Various job roles and salaries after BAF are as follows.
Job Roles | Average Salary (in INR) |
Billing Data Analyst | 3.7 Lakhs |
Financial Consultant | 5.0 Lakhs |
Accounting Analyst | 5.2 Lakhs |
Marketing Manager | 6.6 Lakhs |
Financial Analyst | 4.5 Lakhs |
FRM (Financial Risk Manager) | 9.1 Lakhs |
Chartered Accountant | 6.3 Lakhs |
Company Secretary | 5.9 Lakhs |
Top Recruiters for BAF Graduates
The top recruiters that hire BAF graduates are:-
- Ernst and Young
- Oracle
- Accenture
- Wipro
- Goldman Sachs
- Deloitte
- NABARD
Best Books for BAF Course
To study for the BAF course below are the best books available.
Book Name | Author/ Editor |
Labour Management Relations in India | KB Valid |
Industrial Law | PL Malik |
An Introductory Guide to Central Labour Legislation | W A Dawson |
Business Studies | Subash Dey |
Economics | Sandeep Garg |
Accountancy | D. K. Goel |
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FAQs
What is the future of BAF Graduates?
BAF Graduates have an amazing future. In both private and public sectors students can get various job opportunities. Some of the jobs available are Stockbrokers, Finance Managers, Import or export managers, etc.
Name the best banking courses.
The best banking courses are:-
1. Master’s in Business Administration (MBA)
2. CPA (Certified Public Accountant)
3. FRM (Financial Risk Manager)
4. CBCA (Commercial Banking and Credit Analyst)
What are the benefits of pursuing a BAF course?
The benefits of pursuing a BAF course are:-
1. Internationally demanding
2. Amazing career opportunities
3. Earn higher
4. You can learn where to spend your money