BAF (Bachelor of Accounting & Finance) Course

If you love to get in depth and broad knowledge about finance and accounting, then it’s the right place for you as we have given the detailed information about BAF course. BAF is short form which is used by many commoners. If you are from accounting field then you must know the full form of BAF, the full form of BAF is Bachelor of Accounting and Finance and it is one of the best courses for the accounting professionals.

You will be able to learn with the help of classroom sessions, practical training, seminars and much more. You will also have industrial visits to understand the subject in a practical way. You will be able to gain a lot of knowledge about taxation, accounting, risk management, auditing, managerial economics, financial accounting, business communication and business law as well.

Bachelor of Accounting & Finance (BAF) Course Details

Particulars Details
Course Name BAF
Full Form Bachelor of Accounting & Finance
Course Type Graduation
Duration 3 Years
Eligibility Criteria 12th Pass

BAF is a three years course and it's exams held in the form of semester six month each. That means you have total six semesters in total and the fee of the course is going to be between Rs. 20,000 to Rs. 1,00,000. The good thing about this course is that it is offered by both government and private colleges. So you can opt it as per you convenience and interest.

BAF Course Eligibility Criteria:

  • You should have passed your 10+2 standard from any recognized college or any equivalent course. 
  • You should have Mathematics as one of the main subjects in your 12th standards. 
  • You should have scored at least 55 percent marks in your last examination. 
  • Some colleges provide admission based on merit, while some of them conduct an entrance test. The entrance test is not mandatory for many colleges and hence scoring good marks in your 12th standard is very important for you. Check the college website for more details.

We have learned about the introduction eligibility criteria of the BAF course. Here are few more details provided regarding the course in brief.

Skills required for BAF (Bachelor of Accounting and Finance) Course

The aspirants who wish to pursue this course should have an interest in the field of business and they must be inquisitive enough to study the subjects for in-depth knowledge. The other skills required to pursue this course are:

  • The students must possess good communication skills as it is a must for the field of marketing and e-commerce platforms.
  • The students should acquire a risk-taking attitude to solve all the odd situations arising in the course of study.
  • The candidates must have a positive attitude and innovative thinking approach towards their work and come up with creative ideas to enrich their knowledge.
  • The students also have basic knowledge of technological equipment and IT skills.
  • The student must be a quick learner as the course is vast with technical concepts.

BAF Course Admission Process

The universities and colleges provide direct admission in this course according to the results of candidates in the 10+2 examination. The universities/colleges levy the cutoff after the declaration of results of the board examination. The cutoff marks vary from college to college.

There is no particular entrance exam conducted for admission in this course. The colleges provide direct admission on a merit-based.

BAF (Bachelor in Accounting and Finance) Syllabus

BAF is a graduate-level program for three years divided into six semesters with two semesters in each year distributed equally. If any candidate spires to become a financial expert and gain knowledge and become experts of the market must pursue this course. The detailed syllabus for the course is mentioned below semester wise:

Semester I

  • Financial accounting and its elements paper 1
  • Cost accounting introduction and its elements
  • Foundation course - commercial environment paper 1
  • Microeconomics paper 1
  • Commerce- business environment paper 1
  • Business communication paper 1
  • Accounting with use of accounting software

Semester II

  • Financial accounting- special areas of accounting paper 1
  • Business communication- application in business Paper 2
  • Quantitative methods for business paper
  • Taxation - indirect taxes paper 1
  • Financial management paper 1
  • Auditing - introduction and its planning paper 1
  • Business law - a framework for business regulatory paper 1

Semester III

  • Cost accounting paper II - costing methods
  • Financial accounting paper 3 - special areas of accounting
  • Economics paper II macroeconomics
  • Business law paper 2 regulatory frameworks for business
  • Auditing paper 2 - techniques and procedure for auditing
  • Management paper 2 - management introduction
  • Business -Quantitative methods paper 2

Semester IV 

  • Taxation paper 2 indirect taxes
  • Business law- paper 3 (company law)
  • Information technology paper 2 business applications
  • Foundation course 2 soft skills and value education
  • Commerce paper 2 operations of financial market
  • Financial accounting paper 4 special areas for accounting

Semester V 

  • Cost accounting paper 3
  • Management accounting paper 2
  • Taxation paper 3 direct tax
  • Economics - paper 3 Indian economy
  • Financial accounting paper 5
  • Financial accounting paper 6

Semester VI 

  • Financial accounting paper 7
  • Auditing paper 4
  • Financial accounting paper 8
  • Taxation paper 4 direct tax
  • Cost accounting paper 4

Top Colleges for BAF Course In India

Here is the list of the top colleges to pursue BAF (Bachelor in Business and Accounting) course in India:

S.No. Colleges Name Location
1 Birla Institute Kolkata
2 Rizvi college of Commerce, Science and Arts Mumbai
3 Maharshi Dayanand University Rohtak
4 Sanpada College of Technology and Commerce Navi Mumbai
5 Mithibai College Of Arts Mumbai
6 HR college of Commerce and Economics Mumbai
7 Stella Maris College Chennai
8 Shri Ram College of Commerce Delhi
9 Loyola College Chennai
10 Narsee Monjee College of Commerce and Economics Mumbai
11 Christ University Ghaziabad

The fee structure of the colleges/universities for this course is approximately 30,000-1.5 varies from college to college depending upon the location, college ranking, and features. There are also scholarship programs offered by different colleges.

Courses after BAF

Masters in Accounting and Finance: This course is available only in few countries especially restricted to the commonwealth countries. The candidates who want to gain in-depth knowledge of the market can go for this option.

MBA in finance: MBA provides specializations in various subjects including finance, statistics, accounting, marketing, economics, etc. Almost all the colleges in India provide this course.

Masters in Commerce: This is a 2-year post-graduate degree program to specialize in accounting rather than Finance.

Chartered Accountant: This is one of the most popular exams taken by commerce students. After completing their graduation, one can apply for Inter level exam directly. After clearing all the levels, one has to complete a three-year article ship.

Company Secretary: This is a professional program which is offered by the Institute of Company Secretary of India (ICSI). This course can be pursued simultaneously with the graduation program. CS deals with knowledge about the corporate laws and legal structure of corporate finance.

Chartered Financial Analyst: This is an international profession certificate course offered by the CFA Institute. It is based in the USA (United States of America). This course deals with the financial structure of the company and a person are awarded the post of financial manager of the company.

Scope of BAF

BAF offers a vast scope for graduates in the field of business both in India and foreign countries. The graduates can seek employment in the below-mentioned field after completing the course:

  • Banking
  • Auditing
  • Accountancy
  • E-commerce
  • Economics
  • Management
  • Actuarial Science

Career options after BAF

The various numbers of career opportunities and job roles provided to the BAF graduates are enlisted below:

  • Auditor
  • Finance analyst
  • Accountant
  • Financial consultant
  • Bank manager
  • Chartered accountant
  • Financial consultant
  • Marketing manager
  • Billing data analyst
  • Accounting analyst
  • Sales and marketing executive
  • Operation manager
  • Research analyst
  • Building data analyst
  • Financial planner

Salary of a BAF (Bachelor of Accounting and Finance) graduate

The BAF graduates have multiple options of employment in various fields of business and accounting. The average salary for fresher lies approximately between 3-5 lacs per annum in India. The amount however differs with a candidate’s job profile and the location. The graduates can have substantial growth with experience in the field.


1. Is this course helpful?

This is a four-year, full-time undergraduate curriculum that focuses on the complexities of accounting as well as every facet of finance, with the goal of providing students with a comprehensive understanding of these two crucial areas in the world of commerce.

 It makes an effort to enhance the critical thinking abilities and analytical reasoning skills of those who do it and instils an application-oriented perspective to problem-solving in the minds of those who study it.

2. Which course can I pursue after BAF?

A student who is in the process of completing their undergraduate degree in Accounting and Finance has a wide variety of alternatives available to them to pick from. The following is a list of some of the most common subjects that a student might choose to study in order to further their education in the years to come:

  • MBA in finance
  • CMA
  • CA
  • CFA
  • And, M.Com

3. Is maths compulsory to take in BAF course?

It is not necessary to have a strong mathematical background in order to earn a Bachelor of Commerce Accounting and Finance degree. Although a formal degree in mathematics is not required to enroll in this course, students are expected to have a strong understanding of fundamental mathematical concepts.

Related Courses