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Bachelors of Accounting and Finance ( B.A.F )

Introduction


Are you a class 12th pass out a student who is fond of accounting as well as finance? Well, if yes then I suggest you go for the course of B.A.F.

B.A.F which is also known as Bachelors of Accounting and Finance is a 3-year undergraduate course. It is to be taken up by students taking the stream of Commerce. As the name implies, this course is related to accounting and its laws and finance and its laws. Management of accounts and finance is also covered in this course. 


Requirements


A candidate applying for B.A.F has to satisfy two requirements. These requirements are as follows.


  • The candidate should have completed the class 12th examination in 10+2 format with any stream of specialization. 
  • The candidate must have secured an aggregate of a minimum of 45% marks in the class 12th examination. 



Syllabus 

B.A.F is segregated into 6 semesters with 7 subjects each in the first four semesters that is the first two years and 6 subjects each in 5th and 6th semesters that is last year. These subjects are listed below in the table.


Semester

Subject

Semester I

  • Financial Accounting-I
  • Cost Accounting-I
  • Economics-I
  • Commerce-I
  • Information Technology-I
  • Business Communication-I
  • Foundation Course-I

Semester II

  • Financial Accounting-II
  • Auditing-I
  • Financial Management-I
  • Taxation-I
  • Business Law-I
  • Quantitative Methods for Business-I
  • Business Communication-II

Semester III

  • Financial Accounting-III
  • Cost Accounting-II
  • Auditing-II
  • Economics-II
  • Management-I
  • Business Law-II
  • Quantitative Methods for Business-II

Semester IV

  • Financial Accounting-IV
  • Management Accounting-I
  • Taxation-II
  • Commerce-II
  • Business Law-III
  • Information Technology-II
  • Foundation Course-II

Semester V

  • Financial Accounting-V
  • Cost Accounting-III
  • Financial Accounting-VI
  • Management Accounting- II
  • Taxation- III
  • Economics-III

Semester VI

  • Financial Accounting-VII
  • Cost Accounting-IV
  • Auditing-III
  • Financial Accounting-VIII
  • Taxation- IV
  • Management-II


Exam Pattern


Components for Examination


The course of B.A.F is segregated into two components. The first is Internal Assessment and the second is the Semester End Examination. Both components are explained separately below. 


A) Internal Assessment


The Internal Assessment carries 25% marks of the total marks. In B.A.F, Internal Assessment marks are provided for two different sub-types which are explained and displayed below.


B) For Courses with Practical


Sr. No.

Particulars

Marks

1

Class Test

20 Marks

2

Behavioural Marks

5 Marks

Total

25 Marks


C) For Courses without Practical


Sr. No.

Particulars

Marks

1

Semester End Practical Examination

Journal

5 Marks

Viva

5 Marks

Laboratory Work

10 Marks

Total

20 Marks

2

Behavioural Marks

5 Marks

Total

25 Marks


D) Semester End Examination


The Semester End Examination in B.A.F carries remaining which is 75% marks of total marks. All the subjects will be given 2.5 hours.


Reknown Institutes for  Bachelor of Accounting and Finance 


There are many institutes around India offering the best B.A.F course. Some of them are noted down in the table.


Institutes

Cities

R.K Talreja College

Ulhasnagar, Mumbai

Navnirman College

Ratnagiri, Maharashtra

Gayatri Vidya Parishad College

Visakhapatnam, Andhra Pradesh

Finovative Solutions

Mumbai, Maharashtra

Rizvi College of Arts, Science & Commerce

Mumbai, Maharashtra

Shaheed Sukhdev College of Business Studies

New Delhi, Delhi

Birla Institute of Liberal Arts and Management Sciences

Kolkata, West Bengal

SNDT Arts & Commerce College

Pune, Maharashtra

Government Autonomous College

Kalahandi, Odisha


Future


After pursuing B.A.F. there opens up various opportunities for the degree holders. Some of these Job Profiles and their description are mentioned in the table below.


Job Profiles

Description

Company Secretary

A Company Secretary is hired to monitor the compliances and managerial work of a company. He/she also looks upon the implementations of the decisions taken place by the board of directors of the company.

Chartered Accountant

A Chartered Accountant is uncharged of managing and updating the accounts or transactions of a company daily. He/she has to evaluate the expenses and profits of the company statutorily.

Financial Risk Manager

Analyzing various risks on investments is the foremost duty of a Financial Risk Manager. He/she is also responsible for calculating the risk on financial markets, evaluation of products and such tasks.


A person holding the degree of B.A.F has an average entry-level salary of 2 lakhs to 6 lakhs per annum depending upon his designation and company he/she is appointed to.


2 Comment
  • bhoyerajeah2@gmail.com 3 years, 6 months

    Thanks sir For this thinking SUPER IDEA

  • yogeshgaikwad0202@gmail.com 3 years, 6 months

    Good