Bachelor of Accounting and Finance is a three-year bachelor degree program which offers specialization in accounting and finance. Unlike other bachelor degrees, it is focused only on the accounting and auditing related concepts.
This course helps the students to attain the knowledge of
- risk management
- financial accounting
- managerial economics
- business law and communications.
It is beneficial for students who want to have a more sophisticated career in accounts and finance. The bachelor of accounting and finance degree provides students a better platform to those students who want a future in finance and taxation field. Many multinational companies hire students with efficient knowledge of financing and accounts. The students pursuing the degree can start their consultancies and work with other companies also. After the degree of B.A.F, the students can easily continue their masters in the field of accounting or auditing or taxation or financing. It opens up many more opportunities for students studying it. Some of the best career options after B.A.F are CA, CS, MBA, etc.
Numerous universities are providing B.A.F as one of their educational programs. The universities in USA, UK, Singapore, Canada, New Zealand, Australia are considered as the best educational institutions when it comes to a bachelor's degree in accounting and finance. They provide world class education which guarantees a secured future of the students. Most of the students studying abroad prefer those courses which have better prospects.
The bachelor degree requires the students to have proper commerce and accounting background with basic knowledge of accounting and auditing concepts. The students should have an effective percent of marks to apply for the bachelors. In some universities, it 65% to 70% while at others they expect students with a more higher percentage of marks.
Apart from the 10+2, the students have to pass the English Proficiency Test to apply for universities in abroad. TOEFL, IELTS, SAT are parameters to determine fluency in the English language. When a student wants to study abroad, he/she is expected to be fluent in the universal language viz., English.
The students should have the letter of recommendation and statement of purpose, as these are also mandatory for applying for a bachelor's degree.
If a student wants to pursue his/her bachelor abroad, there is a basic procedure that makes the work simpler. The students have to follow a process for applying for the degree. First of all, they should gather all the documents related to the application. These are a statement of purpose, letter of recommendation, students CV, admission essay
, students visa, education loan-related information. Following are the key points that have to be kept in mind while applying for bachelors abroad :
- Shortlist the options available to you. The students should first of all do some research on which university to choose and how much will it cost. Check if you are eligible for applying or not.
- Do thorough research while selecting the college and try to work on your communication skills in the meantime.
- Prepare for GRE or TOEFL or IELTS whichever is a requirement in the university selected. These proficiency tests are mandatory at the time of application.
- Generate the GRE mark sheet after passing the exam.
- Prepare an updated resume that will be used while applying.
- The students need to acquire a letter of recommendation from the institution where he/she has completed his/her graduate degree.
- Apply online for the universities where you want to go. And upload all the necessary documents asked for.
- Write a statement of purpose(SOP) stating the reasons for application and the purpose of joining the course.
- Go through all the procedures to complete the application process.
- Send the copy of applications along with the documents to complete the process.
A proper way of applications can enhance more chance of getting admission in the colleges. The students should be very careful while applying for masters, the proficiency in English and proper knowledge of the subject can make it easier to get admission in such universities.
It should be understood that applying to foreign universities is the best way of molding one's career in a better way, so it is necessary to make the best out of the opportunity presented. The students from foreign universities are more intelligent, more creative, more sophisticated, and most likely to get better jobs in their future.
Syllabus and Course Description
The bachelor’s study of accounting and finance facilities better options for the students' career. There is always a scope of adding up something new to your skills, more innovative, develops more skills and is ideal in terms of job prospects. Its advantages are listed as follows:
- Self-employment opportunities
- Alliance with other companies
- Working in Tax Consultancies
- Work in Finance department in MNCs
- Working as Auditor
- A better grasp of the field of Accounting
- Facilities studying Masters of the same field which in turns create more opportunities for the students
- Working as a Financial Analyst
The bachelor of accounting and finance degree is one of the best options when it comes to career prospects. Unlike other degrees, it creates a new league of skilled students and our intellect. They are more intelligent than any other students in their field. Universities such as Oxford, Stanford, Cambridge have the best teachers who have expertise in their fields. They provide education at the world class level.
Countries like UK, USA, Canada, Singapore, New Zealand, and Australia are one of the best options for the study of commerce and management. These universities have advanced technical assistance in teaching the students in the best way possible. They have world-class amenities which enhances students knowledge in the field.
1. Universities in the USA
- University of San Diego
- Boston University
- Stanford University
- University of Minnesota
- Princeton University
- University of San Francisco
2. Universities in the UK
- Oxford University
- Cambridge University
- University of Aberdeen
- University of Manchester
- University of Glasgow
3. Universities at Singapore
- National University of Singapore
- Nanyang Technological University (NTU)
- Singapore Management University
4. Universities in Canada
- McGill University
- University of Saskatchewan
- University of Waterloo
- University of British Columbia
- University of Alberta
- University of Toronto
5. Universities at Australia
- University of Melbourne
- University of Sydney
- University of Queensland
- Australia National University
- Griffith University
6. Universities at New Zealand
- Massey University
- Victoria University of Wellington
These universities are known for their best educational system and facilities. The teachers there are act as a mentor to their students and guide them in the best way possible. The students who study there becomes one of the finest brains around the world. The bachelor degree program has different time duration in different universities. Some have it for three years, or at some places, it is for four years, according to the institutional program.
The fees expense of the universities varies from INR 15 lakhs to INR 35 lakhs. It includes hostel and accommodation expenses, food expenses, Tuition & Fees, Professional Supplemental Tuition, Nonresident Tuition, Campus-based Fees, Student Services Fee, etc.
The majority of students go for petty jobs along with their studies to manage their expenses. The international students make a major portion of the college population because of the lack of attractive study programs along with more secure job prospects. Many Indians students move to other countries like UK, USA, Canada, Australia to pursue higher education and end up staying there after completing the studies because the job opportunities for such degrees are not so well justified in our country.
Courses after B.A.F Degree
There are numerous courses which can be pursued after the bachelor's degree. The students usually go for a master's degree, MBA(Finance) and other management degrees. The other options after BAF are:
- Chartered Accountant (CA)
- Company Secretary (CS)
- Chartered Financial Analysis (CFA)
Latest Admission Alert
Right now the applications are mostly closed due to it being middle of the semester.
The job prospects after bachelor of accounting and finance degree are usually in the field of Financing and Auditing. Consulting Business is also one of the best options after the bachelor's degree. Many multinational companies are willing to hire students with skills in accounting and finance. The students are more intellect in the field of accounting, auditing, taxation, operation, project management. There are plenty of opportunities out there for the students not only in India but also in foreign countries.
The job opportunities that are available after successful completion of the bachelor's degree are:
- Financial Analyst
- Financial Advisor
- Business Analyst
- Tax Consultant
- Business Consultant
The opportunities are endless, yet it is up to the efforts that the students put into achieving success in their careers. The major benefit of the bachelor's degree in accounting and finance is that the students get a foundation for a secured future. It is a beneficial course in terms of job opportunities.