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
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More emphasizes on Accounting career
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Professional degree
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Better accounting knowledge compared to B.COM
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More job opportunities as accounting and finance is heart of every organization
DISADVANTAGES OF BAF
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Subjects like import export trade, commerce etc are neglected.
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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 :
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Career Option in Banking / Auditing
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Career Option in Chartered Accountancy(Ca)
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Institute Of Cost Works Accountants Of India (ICWA)
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Career Option in Actuarial Science
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Career Option in Taxation
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Career option as an Accountant
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Career option as a financial planner
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Individual business
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Financial Analyst
COLLEGES OFFERING BAF (Mumbai University affiliated) :
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Mithibai College, Vile Parle West,
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Kishinchand Chellaram College, Churchgate
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H R College Of Commerce & Economics, Churchgate
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Smt MMK College of Commerce & Economics, Bandra
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K P B Hinduja College Of Commerce, charni road
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Nagindas Khandwala College of Commerce, malad west
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Ghanshyamdas Saraf College Of Arts and commerce,malad west
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Patkar College, goregaon west
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Vivekanand Education Societys College, chembur east
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Prahladrai Dalmia, Lions College of commerce and economics. Malad west
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Tolani College of Commerce, andheri east
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Shri Chinai College of Commerce & Economics, andheri east
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Balbharti College of Commerce, kandivali west
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Shri G P M College Of Science & Commerce, andheri east
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Ln College, borivali east
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Nirmala memorial Foundation College, kandivali east
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Narsee Monjee College of Commerce and Economics
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Dahanukar College of commerce, vile parle east
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Mulund College of Commerce, mulund west
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Lala Lajpatrai College of Commerce and Economics, Mahalaxmi
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Sanskar Sarjan Education Societys Dhirajlal Talakchand Sankalchand Shah College of Commerce, malad east
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New Horizon College of Commerce, Navi Mumbai
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The South Indian Education Society’s College of Commerce, and Economics, sion east
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Karaleeya Samajam Dombivli’s Model College, Dombivli east
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Malini Kishor Sanghvi College of Commerce and Economics, vile parle west
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Vishweshwar Education Society’s Western College of Commerce & Business Management
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, Navi Mumbai
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Gurukul College of Commerce, ghatkopar east
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Shri. Hari Educational Trust?s College of Commerce, borivali west
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Prakash Degree College of Commerce & Science, kandivali west
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Shri Yashwantrao Chavan Shikshan Prasarak Mandal?s Sinhgad College of Commerce, chandivali
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Bunts Sangha Mumbais Anna Leela College of Commerce, & Economics, kurla east
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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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