BAF Course

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 a 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!

Level Undergraduate
Duration 3-4 Years
Program Structure Semester-wise
Average Starting Salary 4-8 lakhs per annum (Approx)
Pre Requirements 10+2
Selection Process Application Based
Job Profiles 1. Financial Consultant
2. Accounting Analyst
3. Marketing Manager
4. Billing Data Analyst
5. Accounts Assistant
6. 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 pre-requisites to pursuing a BAF course. You must have a stronghold on Commerce subjects like Accounting, Mathematics, and Business studies.

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, PTE, amongst others. Moreover, SOP as well as LORs, are also required while sending your application.

BAF Course Structure & Subjects Covered

A bachelor’s in Finance and Accounting will help you grasp practical and theoretical knowledge that encompass 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, 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 the financial transactions and preparing reports of the same. This course will teach you the practical aspects of the business.

Check Out Our Exclusive List of Accounting Courses!

Top Colleges Offering BAF Course

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 offering BAF and its variant courses:

Career Prospects 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.

Courses Which you can Pursue 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)

FAQs

Is Maths compulsory for BAF?

BAF course is an Accounting and Finance degree. Thus, Maths is not compulsory. However, having an idea of Business Mathematics can be beneficial.

Can I pursue CA after BAF?

Yes, you can do CA after BAF. Moreover, being an accounting and finance related course, what you’ll learn in it will be of great benefit to prepare for CA exam.

How is BCom different from BAF?

Those who want to gain knowledge on subjects like Economics, Taxation, Trade and Commerce, etc apart from Accounting can go for BCom. However, those who wish to delve deeper in Finance and Accounting, BAF is the most suitable course.

Which colleges are known for their BAF courses in India?

Some of the popular colleges in India offering BAF courses are Shaheed Sukhdev College of Business Studies, P.B. Hinduja College, K.J Somaiya College of Science and Commerce, etc.

BAF course is a specialized one and will not only land you a well-paid job in the corporate sector but also give you the required exposure to pursue higher-level positions in Accounting and Finance. It might be tricky to choose the best college and course for you but the experts at Leverage Edu can help you with that process, ensuring that you have clarity every step of the way.

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