All you want to know about BAF

WHAT IS BAF?

The University of Mumbai started the Bachelor of Commerce

(Accounting & Finance) course in 2003-04.

The main aim to introduce this course was to improve self-employment and provide benefits to the organizations by providing them with suitable trained persons in the field of Accounting & Finance by way of interaction, projects, presentations, industrial visits, practical training, Job orientation and placements..

As per the University rule a candidate is eligible for BAF is he/she has passed Std.XII Examination of the Maharashtra Board of Higher Secondary Education or its equivalent and secured not less than 50% marks in aggregate at first attempt (45% in case of reserved category).

WHY BAF?

Well as we know that finance is one of the major aspect for every individual as well an organization, not only the sources of finance are important but also its optimum utilization and planning is required to increase the profitability. At the same time accounting helps to maintain clear records of all financial transactions which help’s for smooth functioning of organization

A BAF student acquires specialized knowledge for the same and further the candidate can enhance their knowledge by pursuing M.COM in Finance or MBA in Finance and can also opt. for CA (Chartered Accountant)

ADVANTAGES OF BAF

  • More emphasizes on Accounting career

  • Professional degree

  • Better accounting knowledge compared to B.COM

  • More job opportunities as accounting and finance is heart of every organization

DISADVANTAGES OF BAF

  • Subjects like import export trade, commerce etc are neglected.

  • Lower management knowledge skills compared to BMS

 

PERSONAL EXPERIENCE

As a BAF student I would recommend a candidate to opt. for BAF as it is more over based on practical knowledge. If one opts. For regular B.COM the candidate gets very basic and part of knowledge in management as well as accounting. BAF being a professional course has more emphasize on accounting so the candidate gain a proper base and understanding in Accounting field, BAF has a good scope to make a career in accounting and finance in addition to it candidate can opt. for CA side by side or after completion of third year to acquire in-depth accounting knowledge


CAREER OPTIONS AFTER BAF :

  • Career Option in Banking / Auditing

  • Career Option in Chartered Accountancy(Ca)

  • Institute Of Cost Works Accountants Of India (ICWA)

  • Career Option in Actuarial Science

  • Career Option in Taxation

  • Career option as an Accountant

  • Career option as a financial planner

  • Individual business

  • Financial Analyst

COLLEGES OFFERING BAF (Mumbai University affiliated) :

  • Mithibai College, Vile Parle West,

  • Kishinchand Chellaram College, Churchgate

  • H R College Of Commerce & Economics, Churchgate

  • Smt MMK College of Commerce & Economics, Bandra

  • K P B Hinduja College Of Commerce, charni road

  • Nagindas Khandwala College of Commerce, malad west

  • Ghanshyamdas Saraf College Of Arts and commerce,malad west

  • Patkar College, goregaon west

  • Vivekanand Education Societys College, chembur east

  • Prahladrai Dalmia, Lions College of commerce and economics. Malad west

  • Tolani College of Commerce, andheri east

  • Shri Chinai College of Commerce & Economics, andheri east

  • Balbharti College of Commerce, kandivali west

  • Shri G P M College Of Science & Commerce, andheri east

  • Ln College, borivali east

  • Nirmala memorial Foundation College, kandivali east

  • Narsee Monjee College of Commerce and Economics

  • Dahanukar College of commerce, vile parle east

  • Mulund College of Commerce, mulund west

  • Lala Lajpatrai College of Commerce and Economics, Mahalaxmi

  • Sanskar Sarjan Education Societys Dhirajlal Talakchand Sankalchand Shah College of Commerce, malad east

  • New Horizon College of Commerce, Navi Mumbai

  • The South Indian Education Society’s College of Commerce, and Economics, sion east

  • Karaleeya Samajam Dombivli’s Model College, Dombivli east

  • Malini Kishor Sanghvi College of Commerce and Economics, vile parle west

  • Vishweshwar Education Society’s Western College of Commerce & Business Management

  • , Navi Mumbai

  • Gurukul College of Commerce, ghatkopar east

  • Shri. Hari Educational Trust?s College of Commerce, borivali west

  • Prakash Degree College of Commerce & Science, kandivali west

  • Shri Yashwantrao Chavan Shikshan Prasarak Mandal?s Sinhgad College of Commerce, chandivali

  • Bunts Sangha Mumbais Anna Leela College of Commerce, & Economics, kurla east

  • Shree Narayan Mandir Samiti, Shree Narayan Guru Commerce College, chembur

 

ABOUT THE AUTHOR:

FALGUNI PALEJA

FYBAF student from Nirmala memorial foundation college kandivali (E)

 

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  1. i like this cource . baf is given to be a perfect knowledge of the accounting & finance . And also knowledge for how to running a organisation

  2. do delhi university colleges offfer this course?? n which are the best amongst all d clloeges in india??

  3. Is it a good option to do import export diploma course along with baf because I don’t want to persuade CS or CA

  4. hey can we get job in banks after this BAF course?bcz one of my friend said its all about going for CA………plz reply m quite confused…..

  5. hey i am a student who just passed syjc my sir said that BAF covers 50 percent syllabus of IPCC is it true? pls tell me coz i am confused in BAF and plain B.com

  6. I m doing cpt ca just now i m confused between become & baf which will more favorable to me while doing ca

  7. Hey i hv completed my Tybaf …bt nw which course or further study i do ??? MCom or other Course??? Rply

    • BAF is for students who are determined to make a career in accounting & finance field.
      B.Com is for students who are basically good in accounting, but are also open / would like to have a wider choice of subjects for higher studies later viz., Economics, Industrial Psychology, HR, Export-Import etc.,

  8. hi…, i’m in T.Y BAF , and now i want career guidance, after completion my study….. plz reply….

  9. Hey.. i’m preeti…i’m sybaf student actually I don’t like baf but then too I have taken admission in accounting and finance but I did not score good marks in first year I mean in other subjects I have good marks but in F.A no…but im ready to work hard coz I cant skip baf…will you please help me out?? what can I do after completing my third year??

    • BAF graduates can opt for various higher levels courses like Chartered Accountant (CA), ICWA etc which have specific focus on finance and accounting. Corporate Finance course is another course that can be done by these BAF graduates. You can also pursue Company Secretaryship course or Master in Commerce (M.Com). One of the most promising higher study option is a Master of Business Administration (MBA) in Finance or an MS in Finance and Accounting.

  10. Hey I wanted to ask whether we could take BAF even if we did commerce without math after 10th standard ?

  11. I have not take n maths in 11 &12 th.now am thinking to pursue with baf . should i go for baf if I have not taken maths in 11th &12 th

  12. Hey this is tejasvi waiting Foh my hsc results , I just wanted to confirm whether bhavans college of churchgate or andheri offers baf ?

  13. I want to this course but I want some information about its scope n jobs so plz
    Mail me n provide information.

    • BAF degree makes you eligible to work in Accounts and Finance departments of various firms & companies, banks, government departments and agencies, educational institutions and a number of other types of organizations.

      Employment areas of BAF-

      • Banks
      • Insurance Industry
      • Charity Associations
      • Business Schools
      • Savings and Loan Associations
      • Credit Unions
      • Mortgage Companies
      • Finance Companies
      • Consultancies
      • Shopping Malls

  14. i have my boards now and i want to knw that baf is the cousre which can help out for best carier option and after baf would it help me out in fashion desinging……????

  15. Vivek College Of Commerce, Goregaon(West) has been missed out from the above list of Colleges. Please do the corrections.

  16. Hi there,
    I got 68% in 12th commerce.
    I wish to apply for BAF somewhere in Navi Mumbai but cant seem to get admission in any of the colleges that I know of.
    Is there any college which accepts low percentage for BAF in Navi Mumbai?

    If anyone can be of help, please reply.
    Would appreciate it.

  17. Awesome …..Knowledge Provide for BAF .

    And do add CHANDRABHAN SHARMA COLLEGE ,Powai

    as it offers BAF and have a spl committee for BAF known as TALLY CLUB…

  18. I have not taken maths in 11th neither in 12th so will it be easy if i take BAF after 12th? And Can i do MBA after BAF is it good ?

  19. Baf is the good banking cource & it will be enhance banking & marketing skills…Baf is one of most import to all magt students

    • No, its a graduation course and you are already a graduate. Now you can go for diploma or masters in accounting and finance.

  20. Hey , good evening !
    I am doing BAFI ( bachelor in accouting n financial + insurance) , my college team said that it not different course ,it is BAF only they advice that u get extra subject “insurance” that is y its known as BAFI … But still I want to know it will not effect on my career?

    • BAF is a well known course in the industry so when you apply for a job, the companies know about it. BAFI is not a well known course yet, you have to evaluate the course offered by your college and decide what you want to do about it.

  21. I have completed my F. Y. B. A. F. bt i hv gt 2 KT in sem2. and i want to chng my clg.
    so can i chng d clg???
    & will my clg give LC???

  22. Hi,I left my studies 3-4yrs before in 12th .but now I wanted to study again is it possible to continue my studies with BAF or should I go for plain b.com ??? Problm is …I work with hospitality industry. .so should I go for baf or plan b.com? Plzz rply bcoz my shift timing is 11am to 11pm n I get my break at 4-6pm.plz I need your advice.

  23. I AM COMPLETE 11TH ND 12TH WITH MATHS I AM CONFUSIED BAF ND BCOM PLEASE HELP ME ND RPLY THEN WHAT CAN DO WHICH COURSE IS BETTER

  24. Can we become a financial auditor after doing BAF.If Yes what are the other requirements. Please let me know and thanks a lot for your help!!!!

  25. Recently I passed the syjc,so I need more more information regarding baf studies. And I am totally confused between bms and baf plz rply as soon as possible.

  26. I have one question I’m in 12th and I’m thinking that after 12th i will do baf but I’m a sp student so i can take baf after 12th or not???