If you are interested in the subject of Accounts and Finance, then you must have to known the full form of the BAF Course.
What Is BAF Course?
If you have not heard its name yet, then let us tell you that the full form of BAF is Bachelor of Accounting and Finance. By the name, it is understandable that this is a course in the commerce field but something different from B.Com maybe there is some advance. What do you think?
The real value of BAF degree accountants knows very well because it is the best option to practice accounting skills. Managing finance is one of the most important tasks for every organization. Which needs an accountant who can maintain the records very easily and all the functions of the organization run smoothly.
It is comparatively easier for a BAF degree holder to produce innovative solutions to problems. Such employees are able to apply their research skills in business challenges. It is also easier for them to communicate effectively. So in such a situation, when the company has a demand for specialized accountants, then the demand for BAF graduates increases significantly.
That’s why the job opportunities available to BAF candidates are high and the reason for this is their better accountancy and finance knowledge. Now to know a little about the courses giving so many benefits, then let us tell you what is special in the BAF course.
Instead of being a regular course, it is a self-financing degree course that is completed in 6 semesters i.e. in 3 years. The purpose of this course is to enable self-employment in the field of accounting and finance, as well as to provide skilled professionals. The entry-level salary fresher gets after doing this course can be anywhere from 3 to 5 lakhs. This course focuses more on the accounting career. So after doing BAF you get ready for good performance in this field.
It is a professional degree that comes under the subdivision of B.Com. This course is suitable for such students who want to make their career in the accounting and financial field. This course is also very beneficial for the students who want to become CA. Because most of the subjects of these two courses have similarities. After doing BAF, if you do M.Com in Finance or MBA in Finance, then the job opportunity you get can be doubled. Which awaits you in the fields of Banking, Chartered Accountancy, Taxation, Accountancy, Financial Planning and Financial Analysis. You should also know about this course that deep knowledge is provided to you in this.
Syllabus and More
Apart from classroom teaching, seminars, projects, practical training, industrial visits, conferences and export talk are also included. From this course, you will get knowledge of accounting, taxation, auditing, risk management, financial accounting, managerial economics, business law and business communication fields.
Eligibility and Criteria
Let us also tell you that to do this course, you have to pass the 10+2 class with a minimum of 55% percentile. You can also get differences in the criteria of each college. Admission to this course is done on a merit basis. But many colleges give admission on the basis of entrance exams.
Jobs and Opportunities
After doing this course, you can choose the best for yourself from job options like Finance Consultant, Finance Analyst, Accounting Analyst, Accounts Assistant, Billing Data Analyst and Marketing Manager.
Let us also tell you that after the given BAF, you can make your resume more strong by taking a suitable degree out of M.Com i.e. Accounting and Finance, MBA in Finance and M.Com. But even after you complete BAF, you can also do top courses which can give you a high position.
Where you can also get a very good salary package and some such other study programs are CFA, CA and CS courses. Which can prove beneficial for you. So let’s take a little more information about them.
Chartered Financial Analyst (CFA)
The Chartered Financial Analyst is a globally recognized certificate course offered by the CFA Institute. The students who complete this program are called CFA Charter. A CFA deals with the financial aspect of the company and is often the finance manager of the company. The annual salary received by a CFA on this post can range from 3 to 4.50 lakhs. Which can go above 10 lakhs after the experience.
Chartered Accountant (CA)
Talking about Chartered Accountants i.e CA, after completing the BAF course, you can also become a CA. You should know that Chartered Accountants are considered to be one of the highest paying career professionals in India. The starting salary that a CA gets can range from Rs 4 to 6 lakhs per annum.
Company Secretary (CS)
After completing the BAF course, you can also do the Company Secretary Professional course. Have a better understanding of Corporate Finance and Legal Affairs practices. The initial salary received by a CS starts from the annum at 3 lakhs. Which can reach the annum of 12 lakh rupees by going up to the senior level.
When any of these three courses is done after completing the BAF course, you will get
the new salary package can be even more than this. Because you will have two professional degrees and their deep knowledge. Which will prove you to be a strong candidate. You can use your best college among these best colleges in India to do a BAF course
Best Colleges for BAF Courses
Mithibai College Mumbai, HR College of Commerce and Economics Mumbai, Birla Institute of Liberal Arts and Management Sciences Kolkata, Institute of Management Christ University IMCU Bangalore, Symbiosis College of Arts and Commerce i.e. SCAC Pune, Shaheed Sukhdev College of Business Studies New Delhi, Gayatri Vidya Parishad College for Degree and Postgraduate Course Visakhapatnam, Shri Ram College of Commerce Delhi, Loyola College Chennai, Narsee Monjee College of Commerce and Economics Mumbai.
What is the BAF course, its benefits, scope, criteria, college, all these have been talked about. But there is yet one more point to be talked about and that point is the conclusion. Yes, the conclusion of choosing is the best course. You too must have wanted to make a comparison between BAF and BMS courses and select the best one. Because many students want to know the best course out of these two courses so that which of these two have more scope can be found out.
BAF course is a great course for such students who want to advance in the field of accountancy. Such students are offered job roles like Accounting Analyst, Billing Data Analyst, Finance Analyst after doing BAF. The salary they get is also good.
BMS course whose full form is Bachelor of Management Studies provides you professional knowledge in the field of management. After completing this degree course, you get career opportunities in Project Management, Admission and Operations, Enterprise Management, Customer Management fields.
Both these courses have a good scope, so choose the course in which you are interested. Accountancy is different from finance management and you should go ahead with the subject in which you are interested. So that you can crack the best opportunities in that field.