All you need to know about BAF
Bachelor of Commerce in Accounting and Finance (BAF) is an undergraduate programme which provides training in areas of accounting and finance.
Bachelor of Commerce in Accounting and Finance (BAF) is an undergraduate programme which provides training in areas of accounting and finance. Being offered by many universities all over India, students now have the opportunity to specialise in Accounting and Finance under the guidelines of trained professionals. The primary objective for the introduction of BAF is to improve self-employment and produce suitably trained persons in the accountancy and financial sectors. BAF is a perfectly designed full-time course which consists of six semesters spread over a duration of three years. It helps students to equip themselves with knowledge in areas such as Cost Accounting, IT, Economics, Auditing, Financial Accounting, Business Law and Business Communications.
Financial planning and optimum utilisation of resources are necessary to increase profitability. BAF helps candidates to acquire specialised knowledge and to aspire to opt for several high-level courses with a specific focus on finance and accountancy.
1)Candidates are eligible for BAF after they have passed any Higher Secondary Education exam (Class 12) with specialisation from any stream—Arts, Commerce and Science or its equivalent.
2)Candidates should not secure less than 50% marks in aggregate to apply for admission.
The evaluation system is totally credit based where the performance of the candidates is evaluated in two parts—internal and semester-end examination marks. Of a total of 100 marks, 25 marks are for the internal assessment exam, while the remaining 75 marks are for the semester-end exam.
1) Internal assessment marks consist of one class test carrying 20 marks and the other 5 marks are for overall conduct.
2) Semester-end exams have a theory-based paper pattern, and an exam consists of 5 questions carrying 15 marks each. All questions are compulsory with internal choice questions.
The duration for the semester-end exam is 2.5 hours.
Important Note: Candidates should at least obtain 10 marks out of 25 marks in the internal assessment exam and at least 30 marks out of 75 marks in the semester-end exam to pass the course.
Career Options after BAF
1)BAF graduates can find a career in Banking and Accountancy, Taxation, Financial Planning and Financial Analysis.
2)Graduates can also have a promising career in Mutual Funds, Capital Market and the Stock Exchange.