Accounting & Commerce

Years of study
B.Com 3 years
B.A.F. 3 yearsstudy focus
B.Com accounting and finance + other areas of business and trade.
B.A.F. accounting and financecurriculum/ subjects
B.Com subjects • Accounting & Finance management
• Cost management
• Auditing
• Economics
• Human Resource
• Export Management
• Industrial Psychology etc.,
BAF subjects • Financial accounting
• Cost accounting
• Auditing
• Taxation
• Business Law
• Economics
• Business communications
• IT etc.,career prospects
B.Com MEDIUM – since the course is general in nature. However, have a wider choice in higher studies that would get a good start to your career.
B.A.F. MEDIUM – since the course is general in nature, you need to do a specialisation in accounting/finance higher studies to get a good start to your career.
advantages / limitations
B.Com The choices are wider and students gets basic idea of other areas of commerce and trade, viz., hr, export-import, economics etc., However, since there is no specialisation to choose, it lacks focus in any one area of study, though accounting is a major subject in the curriculum.PS: B.Com (honours) gives students a choice of specialisation in its last year
B.A.F. Students are given all the basic training in accounting and finance.However, it neglects other areas of commerce and trade viz., hr, export-import etc.,
B.Com B.Com is for students who are basically good in accounting, but are also open / would like to have a wider choice of subjects for higher studies later viz., Economics, Industrial Psychology, HR, Export-Import etc.,
B.A.F. BAF is for students who are determined to make a career in accounting & finance field.

CFA and Financial Rsik Management are really good courses. Let me tell you both shortly how they are.
CFA course is definintely a good course, however challenging andd time consuming. I suppose that after completing your Chartered Accountancy, you would wish to start working in a corporate. There fore doing CFA along with a job will be little difficult and hectic. If you are not planing to work after CA, then you may definintely join CFA course from CFA Institute, USA and study full time for CFA.
CA and CFA as a combination is fantastic and is highly paid and demanded in India and abroad as well.
If you do not feel to do CFA, I would suggest you to do a certification course in International Financial Reporting Standards (IFRS). IFRS is replacing US GAAP and IAS too. This has tremendous scope and there are good job opportunities in the corporate.
IFRS will definitely give you an edge over others.
MBA with CA:
Later on, I would just like to suggest that go for an MBA part time from one of the top BSchools in India. MBA and Chartered Accountancy combination is regarded as best in the industry and tremendously demanded.