Accounting & Commerce

Scope after BAF course:
A Bachelor's degree in Finance and Accounting aims to equip a graduate with knowledge in areas like Financial accounting, IT, Cost accounting, Auditing, Business communications, Taxation, Economics and Business Law. Aspirants 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. They can also pursue Company Secretaryship course or Master in Commerce. One of the most promising higher study option is a Master of Business Administration (MBA) in Finance or an MS in Finance and Accounting. Meritorious BAF graduates can find a career as Financial Analyst, Accounts Analyst and Trainee Analyst. Openings are also available in the area of mutual funds, stock exchange and capital market. There is a huge demand for BAF graduates for the post of Assistant Professor in Commerce/ Mathematics/ Statistics/ Financial Management streams. Joining as an Assistant Professor has the additional advantage of pursuing research in related fields. BAF graduates can also apply in the banking sector, the recruitment of which will be based on written tests followed by interviews. BAF graduates can expect a initial pay pack of Rs. 1, 00,000 - 1,50,000 per annum and it will increase with experience.
Scope after B.Com course
B.Com graduates are qualified to handle operations and managerial responsibilities with their expertise in areas like project development and management, information system strategies, emerging technologies, innovations in engineering and global product management. B.Com graduates can pursue a higher study in management field itself by pursuing a Master of Business Administration (MBA) course. Aspirants have the option of specialising in Hospitality, Tourism, Accounting, Retailing, Wholesaling, Finance and Manufacturing, etc. Management Studies graduates can find job opportunities in trading, KPOs, executive management posts, and careers depending on their area of specialisation. The expected salary for B.Com graduates at the entry level is above Rs 1,50,000 per annum. Which course is better? BAF orients candidates in the area of finance and accounting only, where as B.Com graduates can opt for a much wider array of specializations. BAF is a course suited for those with an active interest in the world of finance and accounting.