BAF Course

With the expansion of the corporate world and the advent of multinational companies in India, the job and career opportunities for Commerce stream students have increased exponentially. Even though there are scores of professional courses after 12th Commerce stream, a course in Finance and Accounting can land you in a well-paid and reputed job. Since such courses give an in-depth understanding of various facets of these domains, preparing for Chartered Accountancy or Company Secretary becomes easy. So, if you are planning to pursue a BAF course, here is all the information that you need to know!

Highlights

Level	Undergraduate
Duration	3 Years
Program Structure	Semester-wise
Average Starting Salary	4-8 lakhs per annum (Approx)
Eligibility	10+2
Admission	Application Based
Job Profiles	Financial Consultant Accounting Analyst Marketing Manager Billing Data Analyst Accounts Assistant Finance Analyst

What is the BAF Course? 

A bachelor’s in Finance and Accounting (BAF) is an undergraduate degree that explores subjects like Accounting, Financial Institutions, Market Systems, Banking, Management, etc. Running for a period of 3 years, its course curriculum can vary from one institution to another. This course will also help you to gain a better understanding of practical subjects like Auditing, Investment Analysis, and Financial Management to name a few. However, there are certain prerequisites to pursuing a BAF course. You must have a stronghold on Commerce subjects like Accounting, Mathematics, and Business studies.

BAF Course Syllabus & Subjects

A bachelor’s in Finance and Accounting will help you grasp practical and theoretical knowledge that encompasses the field of commerce. If you want to pursue a career as a Financial Expert and develop a better understanding of the market, then this course might be a good option for you. The course has a vast syllabus that covers various fields of commerce, some of the BAF course subjects are:

Financial Accounting	Taxation	Quantitative Methods for Business
Business Law	Auditing	Business Communication
Information Technology	Cost Accounting	Commerce
Foundation Course	Economics	Risk Management
Managerial Economics	Organizational Behaviour	–

• Business Law: Business law is an important subject that covers areas such as corporate laws, and public and private business laws. This subject also looks at the establishment and implementation of business laws.
• Cost Accounting: This subject of the BAF course encompasses the recording, analyzing, and interpretation of financial information. This course helps in understanding the management of money and monetary funds.
• Auditing: Auditing is the financial inspection of accounts, money, and documents. This subject is an important part of this course because of its relevance to understanding the corporate world.
• Taxation: Taxation, as the name suggests, is related to the field of tax, you will learn how to analyze and manage business taxes and maintain records of the same for a private or public company. 
• Finance Accounting: This branch of accounting deals with keeping a record of financial transactions and preparing reports of the same. This course will teach you the practical aspects of the business.

Top Reasons to Pursue BAF Course

The following are the top reasons to pursue BAF course:

• It is a great career alternative for students who wish to pursue accounting but do not want to be a CA.
• The course will provide students with a deeper understanding of accounting compared to other courses.
• As accounting and finance are becoming a part of every organization, the demand for professionals in this field is expected to increase.

Top Colleges in India

Here are the top colleges in India to pursue BAF courses:

College / University Name	Location
Sanpada College of Commerce and Technology	Navi Mumbai, Maharashtra
Birla Institute of Liberal Arts and Management Sciences	Kolkata, West Bengal
Gayatri Vidya Parishad College for Degree and PG Courses	Vishakhapatnam, Andhra Pradesh
Rizvi College of Arts, Science and Commerce	Mumbai, Maharashtra
Maharishi Dayanand College of Arts, Science and Commerce	Mumbai, Maharashtra

Top Colleges and Universities Abroad

The right curriculum and exposure to the right opportunities can make a huge difference in your career prospects while pursuing a BAF course. There are many variants of this course ranging from Bachelor in Accounting to Bachelor of Accountancy and Financial Management which you can opt for. Here are the top universities abroad offering BAF and its variant courses:

Universities	QS World University Rankings 2023
London School of Economics	56
University of Pennsylvania	13
New York University	39
National University of Singapore	11
Massey University	292
Australian National University	30
Dublin City University	471
Nanyang Technological University	19
University of Limerick	531-540
McMaster University	152
Singapore Management University	561-570

Courses After BAF

• MCom in Finance
• MBA in Finance
• Masters in Accounting and Taxation
• Post Graduate Diploma in Professional Accounting
• MBA in Cost and Management Accounting
• Master of Financial Management (MFM)
• Chartered Accountant
• Company Secretary

Eligibility Criteria

In order to study the BAF course, one needs to fulfil certain prerequisites as specified by their chosen university. The basic requirements for this program include,

• The candidate must have cleared 10+2 senior secondary education in Commerce stream from a recognised board.
• Generally, 50% is the minimum percentage to have in your senior secondary certificate but it mainly varies as per the university specifications.
• To study the BAF program abroad, one needs to provide English proficiency test scores of IELTS, TOEFL, and PTE, amongst others. Moreover, SOP as well as LORs, are also required while sending your application.

Scope of BAF Course

There is an immense scope of a Bachelor in Accounting and Finance (BAF Course) across various fields of business, financial management, accounting, law, and economics, to name a few. Here is the most popular field you can pursue a career in after the BAF course:

• Banking
• Business Analysis
• Financial Management
• Actuarial Science
• Auditing
• Accountancy
• Taxation
• Economics
• E-commerce

Jobs After BAF Course

The demand for business analysts and financial experts is increasing because of the global investments of multinational companies in various countries. Here are a few job/ career opportunities that might interest you after pursuing a BAF course or its variant degree in Accounting, Finance, amongst others.

Job Profile	Average Salary
Company Secretary	5.9 Lakh
Chartered Accountant	6.3 Lakh
Financial Risk Manager (FRM)	9.1 Lakh
Financial Analyst	4.5 Lakh
Marketing Manager	6.6 Lakh
Accounting Analyst	5.2 Lakh
Financial Consultant	5.0 Lakh
Billing Data Analyst	3.7 Lakh

FAQs

We hope you liked our blog, where we tried to cover comprehensive information about the BAF course. Are you also looking for opportunities to study abroad? If the answer is yes, the experts at Leverage Edu can make your journey easier as they will be guiding you throughout the process. To take help from the experts simply register on our website or call us at 1800-572-000.