Bachelor of Accounting and Finance is a three-year undergraduate course that deals with the study of accounting, finance, taxation, auditing, risk management with added topics of Bachelor of Commerce. The  Bachelor of Accounting and Finance in India prepares students for a wide range of job opportunities, such as Auditor, Accountant, Export or Import Manager, Tax Consultant, and many more.

BAF Course Details

Degree Bachelors
Full Form Bachelor of Accounting and Finance
Duration Course Duration of Bachelor of Accounting and Finance[BAF] is 3 Years.
Age Minimum age limit is 17 years
Minimum Percentage 50% in +2
Subjects Required Completed 12th with commerce and Economics as a compulsory subjects
Average Fees Incurred INR 20,000-3 LPA
Similar Options of Study B.Com, BBA
Average Salary Offered INR 2-6 LPA (Source: PayScale)
Employment Roles Auditor, Accountant, Export or Import Manager, Tax Consultant, Stockbroker, Financial Consultant, Accounting Analyst, Marketing Manager, Billing Data Analyst, Accounts Assistant, Finance Analyst
Placement Opportunities EY, KPMG, Deloitte, PWC, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, Goldman Sachs, Wipro, Zoho, Ernst and Young, World Bank, Cognizant, KPMG, Royal Bank of Scotland, Google, HDFC, ICICI Bank

About Bachelor of Accounting and Finance Course

Bachelor of Accounting and Finance is 3 years long. According to Wikipedia, “In financial accounting, financial transactions related to a business are summarized, analyzed and reported. The purpose of this is to prepare financial statements that are available to the public”.

The BAF course details are designed for students who wish to become accountants, earn a decent income, and contribute to India’s socio-economic progress. An advanced degree in accounting and finance opens the door to a wide variety of career paths.

Table of Contents: 

Eligibility Criteria for Bachelor of Accounting and Finance Course

For admission into the courses, students must meet the BAF course eligibility set by a specific university/college. The eligibility requirement for students applying to the BAF course is that they must have passed their 10+2 examination with a 50% aggregate mark from a recognized board. Students wishing to pursue a BAF course must have a maximum 23, minimum 18 years of age limit. In addition, students must pass an entrance exam at the college level or at the national level to be admitted to the course.

How to Get Admission in a Bachelor of Accounting and Finance Course?

Admission requirements for the BAF course vary between colleges and universities. BAF admission to some Indian universities and colleges are primarily based on merit. Applications for admission are available on the university’s website or at one of the colleges that offer BAF courses. In general, the admission process includes the following components:

How to Apply for a Bachelor of Accounting and Finance Course? 

Students can find Bachelor of Finance and Accounting course details on the college website for applying for admission into the course. BAF course applicants can apply online at the college’s website. Visiting the university and college websites regularly is important due to the differences in their admissions processes. In addition, students may submit their applications online or in person. The offline application process requires students to visit the campus, fill out the application form, and pick up a brochure. An application form must be filled out online with all the required information, including attaching the scanned document. The payment of the course fee follows the submission of the online application.

Selection Process 

The course is open to students who meet the eligibility criteria of the BAF course colleges in India. Candidates are admitted based on their final grades. Colleges accept applications from students who meet the eligibility requirements and clear minimum cutoff scores. The official website of a university or college offering BAF provides information about the students who made it to the selection list. Final results are sent to students via email or through the college’s official website.

Some colleges and universities offer the BAF degree, depending on their admission requirements. Admission to the top BAF universities and colleges in India that offer this course usually requires an entrance exam. S

tudying the test pattern can also help students pass the bachelor’s degree entrance exam. BAF students must take a national, state, or college-level entrance exam in order to enroll in the course. There may be differences between university/ college entrance exams and cutoff marks. Here are some of the most popular BAF entrance exams: 

A Quick Glance at the Bachelor of Accounting and Finance Entrance Exams 

The syllabus for BAF and the exam pattern should be familiarized to students before taking the entrance exam. It will be easier for students to pass the entrance exams. The format of an entrance exam is usually as follows: 

  • The paper contains 60 objective-type questions in this paper.
  • 90 minutes are allotted for the exam.
  • English is the language of the question paper.
  • There will be four sections of questions.
  • The sections are general English, quantitative, general awareness, and analytical and logical reasoning.
  • Each section of the paper contains 16 questions but the analytical and logical reasoning section has 12 questions.
  • Correct answers will receive 1 mark.
  • For incorrect answers, there is no negative marking.

Top 10 Bachelor of Accounting and Finance Course Colleges in India 

The courses are offered at a number of BAF colleges throughout the country. In the BAF course, students can learn about taxation and cost accounting. Bachelor of Finance and Accounting colleges in India prepare students for success in their fields. Here are the top 10 universities in India that offer undergraduate degrees in BAF: 

BAF Colleges

SI.No

List of Colleges

1

Gujarat University

2

Mansarovar Group of Institution

3

H. B. Institute of Communication and Management

4

Teresian College

5

St. Aloysius Evening College

6

H.A. College of Commerce

7

Hindu College

8

Shri Ram College of Commerce

9

Stella Maris College

10

Narsee Monjee College of Commerce and Economics

Fee Structure for Bachelor of Accounting and Finance

BAF course fees in India vary based on the infrastructure and facilities available. The fees of the BAF courses in India range from INR 20,000-3 LPA. BAF course fees details at government colleges and universities differ from those at private institutions.

In terms of duration and fees, BAF differs from other accounting and finance courses available to Indian students. Bachelor of Accounting and Finance are in high demand compared to other fields. BAF fees in India are quite high compared to overseas courses. Following is a list of the fees for BAF course colleges in India that offer this degree:

BAF Course Fees

SI.No

Name of the Institute

Average Annual Fees

1

Mithibai College

INR 35,000 PA

2

Kishinchand Chellaram College

INR 35,610 PA

3

H R College of Commerce and Economics

INR 53,686 PA

4

Birla Institute of Liberal Arts and Management Sciences

INR 59,453 PA

5

Smt. MMK College of Commerce and Economics

INR 17,935 PA

6

K P B Hinduja College of Commerce

INR 66,000 PA

7

Shaheed Sukhdev College of Business Studies

INR 34,565 PA

8

Gayatri Vidya Parishad College for Degree and Postgraduate Courses [GVPCD]

INR 57,000 PA

9

Marks Classes

INR 30,000 PA

10

Government Autonomous College [GAV]

INR 20,000 PA

Syllabus and Subjects for Bachelor of Accounting and Finance Course 

BAF courses can prepare undergraduate students for careers as Accountants and in many other fields. BAF course focuses on recent cost accounting techniques in accounting and current taxation issues. There are core and elective subjects. In this course, students learn the techniques they will need to work in banks. The BAF course will cover the following topics: 

  • Financial Accounting
  • Business Law
  • Information Technology
  • Managerial Economics
  • Taxation
  • Auditing
  • Cost Accounting
  • Economics
  • Organizational Behaviour
  • Quantitative Methods for Business
  • Business Communication
  • Commerce
  • Risk Management
  • Foundation Course

Read More About Bachelor of Accounting and Finance Syllabus & Subjects

Why Choose the Bachelor of Accounting and Finance Course? 

Students often wonder about the details of the BAF course before selecting one. In the process of choosing a career, students frequently ask “What is BAF course?” and “Why choose the BAF course?”. To answer this question, we have summarized the following three pointers: 

What Bachelor of Accounting and Finance Course is All About? 

BAF course full form is Bachelor of Accounting and Finance. BAF is a three-year undergraduate course. The BAF course prepares students to enter banking, business analysis, financial management, actuarial science, auditing, accountancy, taxation, economics, and e-commerce. BAF students learn the latest experimental and theoretical accounting and finance techniques, which can be applied to all aspects of cost accounting. The BAF course can provide students with valuable professional experience.

What Does a Bachelor of Accounting and Finance Graduate Do? 

Many career options are available to BAF students, including public and private sector jobs. The knowledge acquired through accounting and finance education can improve students' performance at work. A working professional can improve their skills while earning money.

Financial Consultant: The responsibilities of a Financial Consultant include forecasting costs and revenues, evaluating capital expansion options (like loans and funding), and conducting risk analyses. Among the best-paying jobs for business are financial consultants, according to U.S. News and world report’s career rankings. A financial consultant is also an educator.

Reasons Why Bachelor of Accounting and Finance Course Can Fetch You a Rewarding Career? 

BAF graduates pursue rewarding careers with actuarial firms, banking, business analysis, financial management, actuarial service, auditing, accountancy, taxation, economics, E-commerce, financial analysis, and financial planning. Companies and banks are in high demand for BAF graduates. Graduates of BAF programs are hired in both the private and public sectors. 

Career Scope and Options: Graduates of the BAF course will likely work in accountancy-related companies that are rapidly developing technology. Graduates with a variety of skills are in greater demand as technology advances. In addition, students have the job opportunity to work at companies like EY, KPMG, Deloitte, PWC, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, Goldman Sachs, Wipro, Zoho, Ernst, and Young, World Bank, Cognizant, KPMG, Royal Bank of Scotland, Google, HDFC, ICICI, Axis Bank, Kotak Mahindra Bank, Tata Consultancy Services, Amazon Corporation, etc. 

Read More About Bachelor of Accounting and Finance Jobs

Preparation Tips for Bachelor of Accounting and Finance Course

Students who wish to pursue the BAF program should be well prepared. The following tips should be followed by students applying to the BAF program:

Developing a Study Plan: Students need to develop a proper study plan if they are to pass their tests. Students can minimize unnecessary pressure in advance and receive effective training. According to a student’s strengths and weaknesses in each subject, time should be allocated accordingly. Exam question papers from previous years can be helpful for students in preparing.

Tips for preparing for the exam: Candidates should be familiar with the subjects before sitting for the exam. By understanding the course’s basics, students can interpret the course’s main points.

Exam Paper Pattern and Syllabus Knowledge: Knowing the BAF syllabus and the paper pattern will help students on the entrance exam.

Time Management: Students should keep in mind the main points, namely the weak subjects and daily practicing content that is difficult. Dedication and diligence are required for establishing and following a schedule.

Enroll in a Coaching Program: Coaching programs assist students with developing their understanding of their weak areas and focusing on the weak areas.

Practice Makes Perfect: Candidates can reduce unnecessary pressure by practicing before the exam and taking notes beforehand.

Start Early: Starting early gives students a chance to re-examine the syllabus and cover all of the important topics.

Scope for Higher Education

BAF full form is Bachelor of Accounting and Finance. Accountants with a Bachelor's degree in Accounting and Finance can pursue a master's degree. A variety of options are available in the Bachelor of Accounting and Finance program. After earning a BAF degree, students can pursue higher education opportunities that can improve their understanding of the subjects. Additionally, higher education can prepare students to pursue a career in research or teaching. After completing their course, students can take the following BAF courses: 

  • MBA in Finance
  • MFM
  • CFA
  • CA
  • CS
  • MBA in Cost and Management Accounting
  • M.Com in Accounting and Finance
  • M.Com in Accounting and Taxation
  • PGDip in Professional Accounting
  • M.Com in Finance
  • FRM

Bachelor of Accounting and Finance Course Salary in India 

Graduates with a BAF can expect to earn INR 2-6 LPA (Source: PayScale). Students are paid based on their skills and experience, as well as on the progress they have made. Graduates with BAF degrees are in greater demand due to technology. 

Career Options After Bachelor of Accounting and Finance Course 

BAF course allows students to increase their employability by adding to their qualifications. Graduates of this program can work as Resource Manager, Market Research Analyst, Company Secretary, Chartered Accountant, and Financial Risk Manager.

The following are possible careers for students who earn a Bachelor’s degree in Accounting and Finance: 

  • Business Development Executive
  • Human Resources Manager
  • Export or Import Manager
  • Market Research Analyst
  • Marketing Executive
  • Financial Consultant
  • Accounting Analyst

Skills That Make You the Best BAF Graduate 

BAF graduates should possess analytical and critical thinking skills. Students’ careers can also be influenced by learning skills based on their interests. In order for students to advance in their careers, they must develop certain skills without having an interest in learning. Success in cost accounting relies on the analytical skills of students and their ability to find new approaches. The following skills are expected of Bachelor of Accounting and Finance graduates: 

  • Analytical Skills
  • Organization Skills
  • Critical Thinking Skills
  • Interpersonal Communication Skills
  • Adaptability
  • Time Management Skills
  • Industry Knowledge
  • Spreadsheet Proficiency
  • Team Collaboration
  • Writing

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