BAF Course: Admission 2025, Syllabus, Colleges, Fees, Jobs, Salary

Bachelor of Accountancy and Finance also referred as BAF, is a 3-year program offered by numerous colleges in India. This article will cover a variety of topics, including BAF eligibility, entrance exams, career prospects, salaries, and more.

Latest Update on BAF:  BAF course application closes on 15th April 2025. 

BAF Full Form: Comprehensive Overview

BAF Full Form stands for Bachelor of Accountancy and Finance. It is a three-year undergraduate program which covers specialized knowledge accounting, auditing, and finance, some of the most crucial subjects. BAF subjects include financial accounting, cost accounting, taxation, wealth management, auditing, business laws, etc. 

BAF course is offered by in partnership with the ICAI. Candidates must have a minimum aggregate of 50% or higher in any discipline during their class 12th in order to pursue the BAF. Usually, BAF admission process is determined by both entrance exams and merit. BAF Top entrance exams include CUET, SET, NMIMS NMAT, IPU CET, LPU NEST, and so on. IGNOU also offers a 3 to 6 years BAF course that can be pursued via distance education. In India, BAF courses are offered via distance learning, including TNOU, Suresh Gyan Vihar University, and IGNOU, offer their courses online. The average BAF fees for distance learning programs ranges between INR 20,000 to INR 80,000. 

Must Read: Association of Chartered Certified Accountants(ACCA)

 Some of the BAF job profiles are risk analysts, marketing managers, tax consultants, financial analysts, accounting analysts, financial risk managers, and so on. BAF salary ranges between INR 4,00,000 to INR 6,00,000.

Before going forward, watch -

BAF Course Highlights:

Following is a table with some of the fundamental BAF details -

Why Choose a BAF Course?

Read the following list understand why choose BAF Course in 2025 -

• Strong Foundation in Accounting and Finance: Compared to other business degrees like B.Com, a BAF provides a more specialized education in accounting principles, financial analysis, and taxation. This gives you specific skills that are highly sought after in various industries.
• Diverse Career Opportunities: A BAF degree opens doors to various career paths in accounting and finance. You could work in banks, insurance companies, consulting firms, financial services, or as an investment analyst. You could even start your own business!
• High Job Demand: There is a continuous demand for accounting and finance professionals, which means better job prospects and higher earning potential compared to some other fields.
• Globally Recognized Qualifications: Many BAF programs allow you to earn professional certifications like ACCA or CFA alongside your degree. These certifications are valued globally and can enhance your CV, potentially leading to international career opportunities.
• Development of Transferable Skills: BAF programs teach more than just technical knowledge. They also focus on essential skills like critical thinking, problem-solving, communication, and data analysis. These skills are valuable across various industries and career paths.
• Pathway to Further Education: A BAF degree is a great foundation for pursuing a master's degree in accounting, finance, or business administration.

BAF Admission Process

The BAF course admissions are made on the basis of both entrance and merit. Applicants need to verify their eligibility requirements, including minimum percentages and qualifications. Applicants must complete the application by providing all requested information, including contact details, educational background, and personal data. It is necessary for candidates to affix the necessary paperwork and cover the necessary costs.

However, mostly admissions are handled based on entrance exams. Top entrance exams for BAF include CUET, SET, IPU CET, DU JAT, NMIMS NMAT, LPU NEST, and so on. Upon passing the admission exam, candidates will need to wait for the colleges to release the merit. According to the institution's policies, counseling will be held after that for the subsequent admissions process. Here is a step-by-step guide for BAF admissions -

• Shortlist Institutions: Research and select universities or institutions based on your preferences, location, and eligibility requirements.
• Eligibility Criteria: Carefully review the eligibility criteria of your chosen institutions to ensure you meet the requirements for educational qualifications, minimum percentage, subject prerequisites, entrance exams, and age limits.
• Application Form: Obtain the BAF course application form from the institution's designated locations, admission office, or website.
• Complete Application: Fill out the application form accurately and completely, providing all requested personal, educational, and contact information.
• Attach Documents: Gather and attach the necessary documents, such as mark sheets, certificates, photographs, and any other supporting materials specified by the institution.
• Application Fee: Pay the application fee as instructed by the institution, if applicable. The fee amount and payment methods may vary.
• Submission: Submit your completed application form, along with the required documents and application fee, by the deadline.
• Entrance Exam (if applicable): If required, appear for the entrance exam at the specified date, time, and venue mentioned on your admit card or call letter.
• Results and Counseling: Await the entrance exam results and merit list announcement. If you qualify, participate in counseling or any further admission processes as instructed by the institution.
• Admission Process: If selected, complete the admission process by verifying documents, paying fees, and fulfilling other requirements.

Direct BAF Admission Process Without Entrance Exam

There are rarely institute-specific entrance exams for the Bachelor of Accounting and Finance program; instead, admission is usually determined by merit. Candidates must typically earn a 50% aggregate in their commerce stream during their 10+2 education phase in order to meet eligibility requirements; alternatively, they may be eligible through other standardized tests, such as CUET UG. Regarding the actual process, it typically involves an online application, a waiting period for the results of the entrance exam or a merit list, and a rigorous counseling and document verification process at the end. Once students are accepted, the institution will notify them of the date on which they can begin the BAF course.

List of Popular BAF Specializations

The Bachelor of Accounting and Finance (BAF) course offers a broad range of subjects, including financial accounting, cost accounting, taxation, auditing, risk management, and quantitative methods for business.
Students can also choose elective subjects based on their interests. The BAF program prepares graduates for careers such as tax consultant, accountant, auditor, risk manager, investment banker, and credit analyst.

BAF Eligibility Criteria

The candidate must meet specific requirements in order to be eligible for BAF Admission. The requirements for eligibility may differ amongst various institutions. Candidates should thus confirm that they meet the requirements before submitting a BAF application. Here is a list of eligibility requirements for BAF admission process -

• Candidates must have passed the class 12 or comparable examinations from an Indian board that has earned accreditation in any subject.
• Applications for a Bachelor of Accountancy and Finance are only accepted from candidates who have scored 50% or higher.
• Applicants must pass the entrance exam. Merit-based admissions are also accepted at some colleges.
• Depending on the institute, certain courses like accounting, economics, or mathematics might be required as a pre-requisite.
• The candidate's age must be between 17 and 25 years old at the latest. 

BAF Entrance Exams 

In order to get admission to BAF courses, candidates must pass entrance exams. Below are some of the most competitive entrance exams along with all dates for your reference -

BAF Entrance Exam Syllabus 

The following is the list of subjects that are included in the BAF Entrance exam syllabus -

1. English: Comprehension, vocabulary, grammar, writing skills.
2. Quantitative Ability: Math, statistics, data analysis, problem-solving.
3. Logical Reasoning: Deduction, puzzles, critical thinking.
4. General Awareness: Current affairs, business knowledge, economics.
5. (Optional) Accounting and Finance Basics: Introductory concepts for some exams.

BAF Exam Structure 

• Every entrance exam consists of multiple-choice questions that evaluate your ability in a variety of areas, including general knowledge, logical reasoning, arithmetic, and English language proficiency. 
• Depending on the exam, the length can vary between two and three hours. 
• Every right response carries a set number of points, while wrong responses could result in a deduction in score. 

BAF Course Syllabus

The six semesters of the Bachelor of Accounting and Finance program comprise an extensive syllabus. Risk management, taxation, accounting, and finance are all covered in the course. There are elective and core subjects in the course. While international taxation, wealth management, marketing services, and other subjects are elective, the core subjects include financial accounting, cost accounting, management accounting, business law, and corporate business, among others.

The BAF semester-by-semester syllabus is listed below -

Also read - ACCA: Course, Full Form, Eligibility, Exams, Exemptions, Admission 2024, Fees, Scope, Jobs

BAF Top Colleges

BAF courses are offered by several colleges. More than 100 colleges in India offer BAF courses and the majority of these are private institutions. Here is the following list that includes some of the best universities in India that offer BAF courses -

• Shri Ram College of Commerce
• Gujarat University
• H. B. Institute of Communication and Management
• H.A. College of Commerce
• Narsee Monjee College of Commerce and Economics
• Hindu College
• Mansarovar Group of Institutions
• Stella Maris College

BAF Course: College Comparison 

The top 3 BAF colleges in India that offer BFA courses are tallied and contrasted below based on a number of criteria -

Best BAF Colleges Providing Direct Admission in India

Some of the top colleges/ universities that offer direct admission into BAF course in India are as mentioned below:

• Loyola College    
• Narsee Monjee College of Commerce and Economics    
• HR College of Commerce and Economics   
• Kishinchand chellaram college of arts commerce and science   
• Jai Hind College    
• Mithibai College    
• St. Joseph's College of Commerce  
•   BMS College for Women    

Best colleges for BAF in India: Fees

BAF courses are facilitated in more than 100 colleges in India. In India, BAF fees typically range from INR 20,000 to INR 3,00,000. Private and public colleges charge different prices. For your reference, the BAF course fees for different institutions are listed below -

Future Scope of BAF

Candidates can explore a wide range of fields after completing the BAF, including accounting, finance, risk management, taxation, and auditing. After graduation, some candidates might start looking for work or pursue further education in order to have access to better opportunities.

Career Possibilities -

• Candidates can find work in a variety of fields, including accounting, finance, risk management, taxation, and auditing, after completing the BAF course.
• Among the leading businesses are Ernst & Young, KPMG, Deloitte, PWC, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, Goldman Sachs, Wipro, and so forth.
• Candidates may be hired for roles such as risk analyst, marketing manager, financial risk manager, tax consultant, accounting analyst, and financial analyst, among others. Candidates are able to work in the public and private sectors. 

Courses after BAF -

• Following BAF, candidates can pursue a variety of courses, including master's degrees, diplomas, and other professional courses.
• MBA in Finance, MBA in Cost and Management Accounting, M Com. in Accounting and Finance, M Com. in Accounting and Taxes, M Com. in Finance, etc. are a few of the management courses.
• Candidates can choose from a variety of professional programs, including those in chartered accounting, certified management accounting, company secretaryship, and chartered financial analysis. 

BAF Jobs and Salary

Opportunities in many fields, including auditing, risk management, taxation, revenue, accounting, management, etc., are available to those who pursue a bachelor's degree in accounting and finance. KPMG, Deloitte, PWC, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, Goldman Sachs, Wipro, Ernst & Young, HDFC, and so forth are a few of the leading recruiters. The BAF pays between INR 3,50,000 and 15,40,000 on average.

A table listing the different job positions that become available after completing the BAF course and their average salary is provided below -

Also Read: CA Salary in India

When Should You Go for BAF Course?

One can start a BAF course right after class 12th. In order to pursue Bachelor of Accounting and Finance, students must prioritize commerce subjects. This gives you the liberty to solidify your theoretical knowledge of the subject. However, with the right planning and direction, graduates from other courses can also research about BAF.

BAF Course: Why Study BAF After the 12th?

Opting for BAF Course is a great opportunity to learn about taxation, fundamentals, and principles of accounting, calculation, and tally of GST, VAT, and Indian Tax Policy.

• You will learn great calculation skills. 
• It opens doors for higher courses like M.Com and Research.
•  In accounts and finance, you will be well equipped to solve major problems. 
• There are multiple avenues for learners with a competitive salary. 

Who Should opt for BAF Course?

Giving students the appropriate counseling is essential to determining whether or not they are a good fit for a given course. The following types of students are considered to be BAF candidates:

• It is preferable to provide consideration to those who have finished their coursework in the relevant field up to the 12th grade for continued study at the bachelor's degree.
• A student wants to become an expert calculator and use that ability for either personal or national benefit.
• It is highly encouraged that students who wish to work in the accounting or finance industry get this degree. The best candidates for this course are individuals who wish to work as financial analysts or accountants.

Types of BAF Course

The major types of BAF course are tabulated below: 

BAF Course: Avenues for Upskilling 

Upskilling and constant learning are essential to being relevant in this ever-changing sector. You can look into several certification programs or courses as a BAF graduate to enhance your degree. Several well-liked choices consist of: 

• Chartered Accountancy (CA) 
• Certified Public Accountant (CPA) 
• Chartered Financial Analyst (CFA) 
• Certified Management Accountant (CMA)  

BAF Course Comparison

Some of the courses that are similar to BAF are BFM, BCom, and BBA. Let's understand the differences in the table below -

Best Jobs after BAF Course

The "best" employment after BAF varies depending on your own interests, abilities, and professional goals. Nonetheless, there are a few in-demand positions with excellent pay. The best jobs after the BAF course are following: 

• A chartered accountant (CA) has a great earning potential and status, but it also requires passing the difficult CA exams.
• The internationally recognized Certified Public Accountant (CPA) credential opens doors to professional opportunities throughout the world.
• Financial Analyst: Offers a dynamic and analytical professional path, analyze financial data to provide insights for investment decisions.
• Investment bankers help customers with fundraising, mergers & acquisitions, and other financial transactions; they must have excellent negotiation and communication skills.
• Tax Consultant: Recommend tax planning and compliance to clients; requires in-depth knowledge of tax laws and rules.