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Updated on 17th January, 2024 , 9 min read
Bachelor of Accounting and Finance (BAF) or popularly known as B Com Accounting and Finance is a three-year undergraduate course that offers in-depth knowledge in accounting and financial subjects by different means such as classroom teachings, seminars, projects, practical training, industrial visits, conferences, expert talks, etc. The course helps aspirants to acquire knowledge in the fields of accounting, taxation, auditing, risk management, financial accounting, taxation, managerial economics, business law, and business communications.
BAF Course Type | Undergraduate |
BAF Course Duration | 3 years full-time (Divided into six semesters) |
Minimum Qualification | 10 + 2 |
Minimum Marks Percentage | Usually 55-60% (Varies from college to college) |
Selection Process | Merit/ Entrance test |
BAF Course Fees | INR 20,000- 3,00,000 |
Average Starting Salary | INR 3-10 LPA |
In many circumstances, admission is based on a candidate's intermediate grade point average. However, some entrance tests are relevant to BFA admission, and these are as follows:
Entrance Exam Name | Application Date | Exam Date |
1st Week of December 2023 – 4th Week of May, 2024 | 1st Week of January – Last Week of May 2024 | |
June 2024 – July 2024 | September 2024 | |
March 2024 - 4th Week of May, 2024 | Last Week of June 2024 | |
Last week of January 2024 – 3rd Week of April 2024 | 1st Week of May 2024 | |
9th February 2024 – 31st March 2024 | 21st – 31st May 2204 |
There Is No Such Entrance Examination So Candidates Should Be Prepared Beforehand for The Course and Get Admission to One of The Top Institutes. Here Are Few Important Tips for Preparation:
Even for a single study program, there are a variety of learning methods that are tailored to the needs of pupils. The following are the most popular BAF degree categories offered in India:
The most prevalent degree program offered by practically every institute in India is a full-time BAF. It is a regular course with courses held on a daily basis. This is the most popular degree program among students, with the majority opting for the full-time BAF program. The DUAT, SET, NPAT, and other admission tests used by universities in India for BAF are the most frequent.
Part-Time The Bachelor of Arts in Fine Arts is a part-time degree program. Part-time courses are currently widely used at many institutions. Part-time study is ideal for working students who need to manage their time. They can work and study at the same time in this type of learning. It is just as gratifying as traditional BFA courses, and students have the same chances for work.
Online Bachelor of Accounting & Finance (BAF) is an online bachelor's degree in accounting and finance that is taught in the field of commerce. The duration of an online BAF might range from 3-4 years, depending on the institute and the student. Many Indian colleges are currently using the online learning approach to offer various courses, including BAF. IGNOU, Suresh Gyan Vihar University, TNOU, and many others are examples of such institutions. It is especially advantageous to students who reside in places without a nearby university. This course is also suitable for students with budgetary restrictions, a lack of time, and so forth.
Admission to the Bachelor of Accounting and Finance (BAF) program is based on the following criteria:
Financial accounting, cost accounting, taxation, economics, and a variety of other disciplines are covered in the BAF course. However, things taught under this degree may vary slightly from institution to university; most of the typical topics taught in the ordinary BAF curriculum are listed here.
Semester 1
| Semester 2
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Semester 3
| Semester 4
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Semester 5
| Semester 6
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The cost of a BAF program in India is determined by the infrastructure and amenities provided. In India, BAF courses cost between INR 20,000 to 3 LPA. The specifications of BAF course costs at public colleges and universities differ from those at private institutions. BAF is different from other accounting and finance courses accessible to Indian students in terms of time and price. In comparison to other disciplines, bachelor's degrees in accounting and finance are in great demand. In comparison to international courses, BAF costs in India are extremely exorbitant. Fees for BAF course institutes in India that provide this degree are listed below-
Serial No. | BAF Colleges in India | Average Annual Fees |
1 | INR 45000 | |
2 | INR 10500-11000 | |
3 | INR 5000 | |
4 | Teresian College | INR 60000 |
5 | H. B. Institute of Communication and Management | INR 70000 |
6 | H.A. College of Commerce | INR 70000-80000 |
7 | St. Aloysius Evening College | INR 40000 |
8 | INR 16000-18000 | |
9 | INR 85000-90000 | |
10 | INR 50000 |
Actuarial businesses, banking, business analysis, financial management, actuarial service, auditing, accountancy, taxes, economics, E-commerce, financial analysis, and financial planning are among the exciting opportunities available to BAF graduates. BAF graduates are in great demand by businesses and banks. BAF graduates are employed in both the corporate and public sectors.
Graduates of the BAF program are likely to work in fast-growing technology-related accounting firms. As technology progresses, graduates with a diverse set of abilities are in higher demand. Students can also work with KPMG, Deloitte, PWC, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, Goldman Sachs, Wipro, Ernst & Young, World Bank, Cognizant, KPMG, Royal Bank of Scotland, Google, HDFC, ICICI, Axis Bank, Kotak Mahindra Bank, and others. A BAF graduate can pursue a career in the following areas:
Serial No. | Job Title | Average Annual Salary |
1 | Financial Analyst | INR 5.5 LPA |
2 | Accounting Analyst | INR 5.8 LPA |
3 | Personal Finance Consultant | INR 8.4 LPA |
4 | Tax Policy Analyst | INR 4.4 LPA |
5 | Accountant | INR 3.8 LPA |
6 | Risk Analyst | INR 11.4 LPA |
7 | Financial Risk Manager | INR 7.5 LPA |
8 | Marketing Manager | INR 8.6 LPA |
9 | Financial Consultant | INR 7 LPA |
10 | Sales & Marketing Executive | INR 8.2 LPA |
11 | Revenue Agent | INR 4.3 LPA |
Along with these options, BAF graduates can also pursue the following professional paths with further qualifications:
Bachelor of Accounting and Finance is the full form of BAF. A master's degree in accounting and finance is available to accountants with a bachelor's degree in accounting and finance. The Bachelor of Accounting and Finance degree offers a choice of alternatives. Students might seek further education possibilities to deepen their comprehension of the courses after receiving a BAF degree. Students might also use higher education to prepare for a job in research or teaching. Students can enroll in the following BAF courses after finishing their course:
A BCom Graduate in Accounting and Finance Is Open To Work In A Variety Of Fields Which Are Multinational Companies and International Finance Organizations.
This course teaches students how a company's finances function and how to keep track of its accounts. BAF is a new track that will be on the major stream radar shortly. It's a unique field of study that is advised for individuals interested in pursuing a career in finance or accounting. If a student has a strong interest in accounting and finance, he or she should pursue this degree program.
This undergraduate degree emphasizes practical knowledge over theory. This degree can be used by students who desire to pursue chartered accounting or a financial postgraduate course. It is possible to combine it with professional courses such as CA, CFA, and CMA. The average annual fee for this course is roughly INR 30,000. Different universities charge different fees. It depends on multiple factors such as: Faculty, Campus Amenities, Administration, and whether the school is public, private, or non-profit. Through placements, a reputable university will aid the student in their future job if they choose this course. Self-employment is also possible by establishing a firm in this sector relevant to the Course.
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By - Nikita Parmar 2023-08-25 09:48:44 , 11 min readAns. After completing the B Com Accounting and Finance or BAF, a person can pursue a career as an auditor, accountant, export or import manager, tax consultant, stockbroker, or Financial Risk Manager, or pursue further studies such as Company Secretary (CS), Chartered Accountant (CA), Financial Risk Manager, MBA (Finance), Chartered Finance Analyst (CFA), and so on.
Ans. A BAF degree or B Com Accounting and Finance takes three years to complete, and the cost varies depending on whether the institute is public or private. The fee may vary from INR 10,000-1,00,000.
Ans. The following is a list of some of the top recruiters who offer high-paying employment to BAF or B Com Accounting and Finance degree holders- 1. Accenture 2. Wipro 3. Capgemini 4. Deloitte 5. Genpact 6. Flipkart 7. TCS 8. Amazon 9. Cognizant 10. Ernst & Young
Ans. Admission to B.Com F&A and BAF programs is merit-based. Last year, the cutoff for B.Com Finance and Accounting was around 93%-95%. The required cutoff for this course varies every year. Most universities assign more weightage to the online entrance test score, performance in the personal interview, and micro presentation rather than the board marks in 12th.
Ans. BAF provides a lot of benefits, and it may open a lot of doors for a student, such as MBA, M.Com, Finance Certification courses, and so on. As a result, B.Com has become a very lucrative professional choice.
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