BFM Course (Bachelor of Financial Markets)

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BFM Course

Wondering what is the full form of BFM? It stands for Bachelor of Financial Markets! If you are a student of commerce who is interested in the intricacies of finance and Financial Management then you might be interested in a course like BFM. It is important to know what stream or discipline you want to specialize in before you opt for a degree in higher education, courses like BFM requires you to be aware of what the course entails and what possible career opportunities can be achieved from them. Here is a blog that brings you all the essentials of a BFM course, the universities you can pursue it from as well as the career scope it entails!

Check Out: Stock Market Courses



Highlights

Course Name BFA – Bachelor of Financial Markets
Course Level Undergraduate
Field of Study  Commerce
Duration  3-4 years
Eligibility Criteria 10+2 with Commerce
Proficiency Certificates – Language and Subject 
Top Universities
  • Maryville University
  • ISM University of Management and Economics
  • University of Derby
  • Ajman University
  • University of Trieste
Application Process Apply via the official website of the university or the common application portal as per the country
0r get in touch with Leverage Edu experts. 

What is BFM Course?

Bachelor of Financial Markets (BFM) is a three-year undergraduate degree that specialises in the nuances of financial markets and covers various related fields like economics, financial risks, investments, etc. It also involves the practical fields of study like organizing, planning and managing capital resources. If you are interested in the intricacies of how the market functions and to want to build a career around it then BFM is a course that might interest you.

Average Course Fee: 50,000 INR per year in India (can vary if you are pursuing BFM abroad)

BFM Course (Bachelor of Financial Markets)

BFM Course Careers

Must Read: Short Term Courses in Finance

BMS vs BFM

Want to know which is better BMS or BFM? The full form of BFM is Bachelor of Financial Markets while BMS stands for Bachelor of Management Studies. While both these courses are best for commerce students, BFM is the right course for you if you are interested in studying financial management and financial markets whereas BMS is the best one for you if you aim to build a career in management or finance. BMS is considered as a professional degree in Business and Management while BFM is more of a finance-oriented course. Here are the major differences to help you find the best one between BMS vs BFM:

Criteria BMS BFM Course
Full Form Bachelor of Management Studies (BMS) Bachelor of Financial Markets (BFM)
Duration 3 Years 3 Years
Basic Eligibility 10+2 with commerce 
DU JAT, AIMA UGAT and MUCMET
10+2 with commerce
University-specific entrance exam
Syllabus
  • Principles of Investment 
  • Micro Economics
  • Macro Economics
  • Statistical Applications
  • Global Capital Markets
  • Principles of Management
  • Business Economics
  • Human Resource Management
Jobs
  • Business Development Manager
  • Business Consultant
  • Marketing Manager
  • Project Manager
  • Budget Analyst
  • Investment Banker
  • Financial Advisor
  • Financial Consultant
  • Financial Manager
  • Stock Broker
Average Salary 3 Lakhs to 8 Lakhs 4 Lakhs to 6 Lakhs

BFM Course Syllabus

This course has been introduced to a few universities recently. The course analyzes the financial markets and researches on the trending market forces and basics of trading in order to better the market growth and resource management. This course requires both practical and theoretical analysis of the market. Here is the BFM Course syllabus:

Subjects

If you are planning to earn a degree in this field then these are the subjects that you will be taught throughout the duration of your degree:

  • Business Ethics and Laws: Business ethics is the study of professional ethics and codes of conduct that are a part of a business environment. One examines these ethics and looks at the application as well as the proper usage of these ethics in order to create an ethical business environment. Business law is the body that governs rules and regulations related to any financial or business transaction. 
  • Corporate Finance: This field aims to study the financial transactions and capital investments made by firms in order to increase the value of the firm in the market. This field also analyses various actions taken to increase the value of the firm and maximize shareholder value.
  • Equity Markets: Equity markets are concerned with the aggregation of the selling and buying of stocks. This field deals with the stock exchange market and the processes and transactions that take place in it. 
  • Global Capital Markets: Global capital markets refer to the international platforms where the financial transaction takes place, this is an important area of study because of the interlinkage of current market investments taking place at a global level. 
  • Financial Systems: Financial systems include the exchange of money, credit, and finance. This is one of the foundational fields of this course and explores the basics of any financial transaction which may include banks, markets, and other financial services.
  • Financial Risk Management: Financial Risk Management (FRM) is the practice of managing the assets of a firm in order to prevent exposure to any financial risk.

Eligibility Criteria

In order to apply for a BFM course, you need to fulfil certain prerequisites which might vary as per the university as well as the program variant. Take a look at some of the major eligibility requirements you must know about before opting for this course:

  • Candidates must have completed 10+2 examination from a recognised board of education with minimum marks specified by the university.
  • Some Indian universities such as Mumbai University might also require applicants to clear an entrance exam (MUET).
  • To study the BFM course abroad, the applicant must provide English language proficiency scores such as IELTS, TOEFL, PTE, etc.
  • Lucrative SOP and LORs are also recommended to add to your application.

Recommended Read: MBA in Finance

Top Universities Offering BFM Course & Variants

There are numerous academic institutions that offer bachelor’s degrees in Financial Markets and its related fields. The following table elucidates some of the prominent universities offering BFM course and its variants:

University Course
Maryville University BSc in Financial Services
ISM University of Management and
Economics
BSc in Finance
Business, Law and Social Sciences College,
University of Derby
BA in International Finance and Business
Ajman University BSc in Finance
University of Trieste BBA in International Economics and Financial Markets
Fun Shah University BSc in Commerce and Financial Marketing
Rockhurst University Bachelor in Financial Markets and Economic Analysis
University of Detroit Mercy BA in Financial Economics

Here are the top universities offering BFM course in India:

  • S.N. Sinha Institute of Business and Management, Ranchi
  • SMT. MMK College of Commerce and Economics, Mumbai
  • M.K. Sanghvi College of Commerce and Economics, Mumbai
  • Mithibai College of Arts, Chauhan Institute of Science Amrutben Jivanlal College and Economics, Mumbai

Employment Areas After BFM

Here is the list of employment areas which can be beneficial for a BFM graduate:

  • Finance
  • Insurance
  • Consultancy Firms
  • Accountancy
  • Banking Sector
  • Stock Market
  • Share and Capital Markets

Job Profiles for a Bachelor in Financial Markets Graduate

The scope of BFM course is broad when it comes to the jobs as well as career prospects. The corporate sector has a lot of job opportunities for people who pursue a degree in BFM. Here is a list of job prospects that you might want to apply for after completing this degree:

  • Chartered Accountant
  • Financial Analyst
  • Project Coordinator
  • Financial Risk Manager
  • Company Secretary
  • Financial Manager
  • Financial Consultant
  • Research Analyst
  • Accountant
  • Finance Manager
  • Insurance Manager
  • Finance Officer
  • Wealth Management

Salary After BFM Course

The average salary of BFM course is 4 LPA to 6 LPA depending upon the profile and company. If you further opt for a Master’s degree program, after gaining some experience then your average salary is likely to increase exponentially.

Must Read: Master of Finance

FAQs

What is BFM course?

Bachelor of Financial Markets is a 3-year undergraduate programme that imparts students with the fundamentals of financial markets, stock markets, trading, stock exchanges as well as provides them with the knowledge of finance, economics, investments, risk management, etc.

What is the salary of BFM?

BFM graduates can explore a diverse range of career opportunities in the Finance and Investment industry. Though the actual salary package can vary according to the role and organisation, the average starting salary package yearly can 4 Lakh to 6 Lakh.

What should I do after BFM?

Completing BFM, students can either discover career prospects or go for a master’s degree which is a popular option as there are several postgraduate courses for BFM graduates like MBA in Finance, Financial Risk Management (FRM), Chartered Accountant, Banking courses, amongst others.

What are the subjects in BFM?

BFM course covers key essentials of the operational and functional nature of financial markets, stock trading and exchanges, debt markets, equity markets, corporate finance, microeconomics, macroeconomics, risk management, etc.

Similar Courses

This job requires both practical and theoretical knowledge of the financial market. This course will land you many good job offers at a number of international firms but choosing the desired college and course can be confusing. It might be tricky to choose the best college and course for yourself but with the assistance of the counsellors at Leverage Edu, you can undertake the psychometric and brainstorming sessions that will help you come to an informed decision about your career. 

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