BAF Course: Full Form, Details, Meaning in Commerce_00.1
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BAF Course: Full Form, Details, Meaning in Commerce

BFA Course is a 3-year self-financing degree course spread across six semesters, focusing on the domains of Accounting, finance, and money market or capital market.

Posted byAdmin Published On December 30th, 2021 Leave a comment on BAF Course: Full Form, Details, Meaning in Commerce
BAF Course: Full Form, Details, Meaning in Commerce_40.1

BAF Course: Full Form

Bachelor of Accounting and Finance is a full form of BAF course. BAF is an undergraduate degree course offered by the UGC. The total duration of the course is 3 years. The course teaches about accounting, finance, taxation, auditing, risk management with added topics of Bachelor of Commerce.. This course is aimed at students who are interested in pursuing their careers in the field of accounting and financing.

 

Full-Form of BAF Course and Details in Commerce

Students usually opt for Bachelor of Accounting and Finance BAF as the course is in-depth about both, accounting and finance. Students instead of taking accounting or finance as specialization in B.Com opt for this as it acts like specializing in both the subjects. This is a common choice among the students who have recently passed their 12th and want to pursue a career a bit different from the usual Bachelor of Commerce.

 

Eligibility Criteria for BAF Course

Eligibility for admission to Bachelor of Accounting and Finance(BAF) course  is based upon the following

  • Student must have passed their 12th from a recognized Board either with science or Commerce Stream.
  • The minimum percentage scored by the students must be 50% for admission to the course of Bachelors in Finance and Accounting.
  • Colleges conduct entrance exams and take admission based on the results of the exams.

 

Top Colleges for Bachelor of Accounting and Finance BAF course after 12th Commerce

The top 5 colleges for admission to the Bachelor of Accounting and Finance (BAF) course have been listed.

  • Loyola College, Chennai
  • MCC, Chennai
  • Chandigarh University
  • Christ University
  • Narsee Monjee College of Commerce and Economics, Mumbai

 

Admission Procedure for Bachelor of Accounting and Finance (B.A.F) course

The BAF course admission process varies from college to college. Few of the colleges provide direct admission based on Class 12th marks for BAF. Few other colleges depend upon National Entrance exams for the course, Bachelor in Accounting and Finance BAF. Students must keep a regular check on the official website of a college to know more about the procedures.

 

Entrance Exams for Bachelor of Accounting and Finance (B.A.F) course

There is no specific entrance exam for the Bachelor of Accounting and Finance (B.A.F) course. Students have to decide first in which college they are interested in tale admission in and based upon that check the university website for the entrance exam for Bachelor in Accounting and Finance by that particular university. Students are to regularly check the website for dates and important announcements.

 

Reference Books for Bachelor of Accounting and Finance (B.A.F) course

Subject-wise reference books have been listed below.

  • Accountancy – D.K. Goel
  • Economics – Books by Sandeep Garg
  • Business Studies – Subash Dey

 

BAF course Syllabus

Semester-wise syllabus for Bachelor in Accounting and Finance (BAF) course has been given below.

Semester 1

  • Financial Accounting-Elements of Financial Accounting-Paper I
  • Cost Accounting-Introduction and Element of Cost-Paper I
  • Economics-Micro Economics-Paper I
  • Commerce-Business Environment-Paper I
  • Accounting with Use of Accounting Softwares
  • Business Communication-Paper I
  • Foundation Course-Commercial Environment-Paper I
 Semester 2

  • Financial Accounting-Special Accounting Areas-Paper I
  • Auditing-Introduction and Planning-Paper I
  • Financial Management-Paper I
  • Taxation-Indirect Taxes-Paper I
  • Business Law-Business Regulatory Framework-Paper I
  • Quantitative Methods for Business-Paper
  • Business Communication-Applications in Business-Paper II
Semester 3

  • Financial Accounting Paper –III (Special Accounting Areas)
  • Cost Accounting Paper –II (Methods of costing)
  • Auditing Paper-II (Techniques of Auditing and Audit Procedures)
  • Economics Paper-II (Macro Economics)
  • Business Law Paper-II (Business Regulatory Framework)
  • Management Paper-II (Introduction to Management)
  • Quantitative Methods for Business Paper –II
 Semester 4

  • Financial Accounting Paper –IV (Special Accounting Areas)
  • Taxation Paper-II (Indirect Taxes)
  • Commerce Paper-II (Financial Market Operations)
  • Business Law Paper –III (Company Law)
  • Information Technology Paper-II (Applications in Business)
  • Foundation Course -II (Value Education and Soft Skill)
Semester 5

  • Financial Accounting – Paper – V
  • Cost Accounting Paper-III
  • Financial Accounting Paper – VI
  • Management Accounting Paper – II: Financial Statement Analysis
  • Taxation Paper – III: Direct Tax Paper – I
  • Economics Paper – III: Indian Economy
 Semester 6

  • Financial Accounting Paper – VII
  • Cost Accounting Paper – IV
  • Auditing Paper – IV
  • Financial Accounting Paper – VIII
  • Taxation Paper IV: Direct Tax Paper – II

 

Fees and Salary for Bachelor of Accounting and Finance (B.A.F) course

The average fees for admission to the Bachelor of Accounting and Finance course vary from Rs 20,000 to Rs 1.5 lakh

The starting salary for a graduate in the Bachelor of Accounting and Finance course is Rs 2 to Rs 6 Lakh per annum.

 

Job Roles for Bachelor of Accounting and Finance (B.A.F) course

Students can opt for the following roles once they graduate with a Bachelor of Accounting and Finance course.

  • Marketing Executive.
  • Business Development Executive.
  • Sales Executive.
  • Human Resource Manager.
  • Market Research Analyst.

 

India’s Top Best Courses After Class 12th

Courses in Science  Courses in Commerce  Courses for Arts
B.Tech Bachelor of Commerce Bachelor of Arts
M.B.B.S Company secretary Bachelor of Fine Arts
B.Sc Cost and Management Accountant Integrated Law 
B.C.A Chartered Accountant Bachelor of Fashion Design
B.Arch Bachelor of Business Administration Bachelor of Hotel management
Bachelor of Pharmacy Certified Financial Planner Air Hostess training
Bachelor of Medical Lab Technology Bachelor of Economics Graphic Design
Veterinary Science and Animal Husbandry Journalism and Mass Communication Bachelor of Interior Design
Bachelor of Physiotherapy Integrated MBA Bachelor of Fashion Technology
Web development and Training Bachelor of Accounting and Finance (BAF) Bachelor of Education
Animation and Multimedia Course Bachelor of Financial Markets (BFM) Bachelor of Social Work
General Nursing and Midwifery Bachelors in Banking and Insurance (BBI)
Merchant Navy B.Sc (H) Statistics/ B.Stat (Hons)
Paramedical Course Bachelor of banking and finance
Dietetics and Nutrionist Bachelor of Business Studies
D.Pharma Bachelor of Management Science
OT Technician
Bachelor of Dental Surgery
Diploma in Engineering/GTI

 

FAQ’S on BAF Course: Full Form, Details, Meaning in Commerce

1.      Is BAF a good course?

Yes, Bachelor of Accounting and Finance is a good course.

2.      Is BAF better than BCOM?

BAF is for students who want to pursue a career in accounting and finance. B.Com is for the students who don’t have a definite target and want a wider range of choices once they graduate.

3.      Is BAF easy?

BAF is easy as it mainly focuses on two subjects rather than a vast syllabus.

4.      Is maths required for BAF?

No, maths is not required separately for BAF.

5.      What are the benefits of BAF?

The benefits of BAF are especially for the students who want to study accounting and finance and are not interested in Chartered Accountant Course. This course focuses and the two subjects and opens up a variety of opportunities related to them.

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