A Bachelor of Accounting and Finance (BAF) is a three-year undergraduate programme that offers an in-depth understanding of auditing, financial accounting, taxation law, and risk management to students. As the commerce sector is rapidly growing, the demand for skilled professionals has increased significantly. As a result, BAF graduates today have several career opportunities in finance and accounting available.
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In this article, we will be talking about the top 6 Career Options after BAF in detail, along with their eligibility criteria and salary details. Let’s begin.
After earning a BAF degree, which includes elements of humanities along with finance and accounting, graduates can find job options after BAF in both the business and public sectors. Below, we have mentioned some of the popular career options after BAF course.
A Chartered Financial Analyst (CFA) is a professional who focuses on investment management and financial analysis. CFAs are skilled in Research, portfolio management and ethical standards. A CFA title significantly enhances job options in investment banking, asset management and financial consulting.
A Financial Risk Manager (FRM) is a professional responsible for identifying and managing financial risks. By holding the FRM certification, they are experts in operational, liquidity, market and credit risks. These professionals are an important figure to banks, investment firms and corporations as they ensure financial stability and make wise risk management decisions.
A Tax Assistant is a professional who assists tax experts with tax return preparation and performs research. He or she also helps in assisting with compliance operations in the private and governmental sectors. This is considered one of the top career options after BAF for graduates who have a strong background in taxation, accounting and regulatory practices.
An Audit Associate Trainee is a professional who helps in assisting with auditing processes and reviewing financial documents. He or she also understands auditing standards in private enterprises and government audit departments. This role provides a kickstart to build careers in accounting, finance, and auditing by offering significant exposure to real-world financial practices.
A CMA is a professional who focuses on account management and strategic planning. He or she is skilled in budgeting, performance management, cost management and decision support. The CMA course is divided into three levels: Foundation, Intermediate, and Final. It aims to provide financial, accounting, legal, and management expertise.
A Financial Planner Assistant is a professional who helps in assisting with financial planning tasks and creates basic financial plans. He or she also facilitates client contacts in commercial financial consulting businesses or government financial planning offices.
The salary is determined by several criteria, including the candidate's experience and the job role selected by the candidate. As the candidate gains experience, his or her income will improve. In India, the BAF graduate salary in the government sector is comparatively lower than in the private sector, which depends on several factors such as government policy, plans, and taxation. In the table below, we have covered the best career options after BAF in India with salary details.
Job Profiles | Educational Requirement | Average Annual Salary |
Tax Assistant | Bachelor’s degree after 10+2 | Rs. 4.1 Lakhs |
Audit Associate | Bachelor’s degree after 10+2 | Rs. 6 Lakhs |
Financial Planner | Bachelor’s degree after 10+2 | Rs. 4.6 Lakhs |
Chartered Financial Analyst(CFA) | Bachelor's Degree after 10+2, followed by CFA certification. | Rs. 9 Lakhs - 12.7 Lakhs |
Financial Risk Manager(FRM) | Bachelor's Degree after 10+2, followed by FRM certification. | Rs. 23 Lakhs |
A BAF degree leads to a variety of professional opportunities in accounting, finance, auditing, taxation, and banking. Graduates can pursue careers as financial analysts, accountants, auditors, tax consultants, or bankers. The degree provides students with the necessary financial abilities and makes them employable in a variety of businesses.
Frequently Asked Questions (FAQs)
Students can pursue a wide range of careers in fields like banking, actuarial firms, auditing, accounting, taxation, economics, e-commerce, business analysis, financial management, actuarial services, and financial planning after earning a BAF degree.
You have the option to pursue postgraduate Human Resource Management courses as careers after BAF.
Maths is a compulsory subject in Bachelor of Accounting and Finance course.
BBA graduates can make between Rs 3 and 6 LPA. The average salary range for BAF graduates is between INR 2.5 and 3 LPA.
BAF Graduates can find several positions in both the public and commercial sectors. Auditors, accountants, finance managers, financial analysts, export or import managers, tax consultants, and stockbrokers are just a few of the many professions.