Bachelor of Accounting and Finance (BAF)
Whether one works as an executive or at entry level, the work environment now demands broadened mindsets and qualifications for diverse positions. The changing workforce, recent economic downturn and changing demographics are all contributors to this paradigm shift. Technical and specialized skills, honed to an art today, may indeed become obsolete in the near future. Furthermore, traditional degrees become outdated and even irrelevant in the modern workforce. It is essential that employees continue to expand their current knowledge base and skill sets to add personal value in their organizations. A specialized degree does just that, in addition to preparing the student for continued growth and life-long learning. It is with this objective in mind that the University of Mumbai has introduced new degree course B.com with Accounting and finance. Which encompass a shift from general education to professional education.
Objectives
- To create for the students of University of Mumbai and additional avenue of self-employment and also to benefit the industry by providing them with suitable trained person in the field of accounting and finance.
- To prepare student to exploit opportunities, being newly created, in the accounting and finance profession.
- To provide adequate basic understanding about accounting and finance educational among the students.
- To give and adequate exposure to operational environment in the field of accounting and finance.
- To include training and practical approach by using modern technologies amongst the student in the field of Accounting and Finance.
Duration of the Course: The course shall be a full time course. The duration of the course shall be six semesters spread over in three years.
Number of Students: A Batch shall consist of not more than 60 students.
B.Com. (Accounting & Finance) Programme Under Choice Based Credit, Grading and Semester System Course Structure
FYBAF
(Implemented from Academic Year- 2016-2017)
| No. of Courses | Semester I | Credits |
| 1 | Financial Accounting (Elements of Financial Accounting) – I | 03 |
| 2 | Cost Accounting (Introduction and Element of cost) – I | 03 |
| 3 | Financial Management (Introduction to Financial Management) – I | 03 |
| 4 | Business Communication – I | 03 |
| 5 | Foundation Course – I | 02 |
| 6 | Commerce (Business Environment) – I | 03 |
| 7 | Business Economics-I | 03 |
| Total Credits | 20 | |
| No. of Courses | Semester II | Credits |
| 1 | Financial Accounting (Special Accounting Areas) – II | 03 |
| 2 | Auditing (Introduction and Planning) – I | 03 |
| 3 | Innovative Financial Services (From 2018-19) | 03 |
| 4 | Business Communication – II | 03 |
| 5 | Foundation Course – II | 02 |
| 6 | Business Law (Business Regulatory Framework) – I | 03 |
| 7 | Business Mathematics | 03 |
| Total Credits | 20 | |
SYBAF
(Implemented from Academic Year- 2017-2018)
| No. of Courses | Semester III | Credits |
| 1 | Financial Accounting (Special Accounting Areas) – III | 03 |
| 2 | Cost Accounting (Methods of Costing) – II | 03 |
| 3 | Taxation – II (Direct Taxes Paper- I) | 03 |
| 4 | Information Technology in Accountancy – I | 03 |
| 5 | Foundation Course in Commerce (Financial Market Operations) – III | 02 |
| 6 | Business Law (Business Regulatory Framework) – II | 03 |
| 7 | Business Economics – II | 03 |
| Total Credits | 20 | |
| No. of Courses | Semester IV | Credits |
| 1 | Financial Accounting (Special Accounting Areas) – IV | 03 |
| 2 | Taxation – III (Direct Taxes- III) | 03 |
| 3 | Management Accounting (Introduction to Management Accounting) | 03 |
| 4 | Information Technology in Accountancy – II | 03 |
| 5 | Foundation Course in Management (Introduction to Management) – IV | 02 |
| 6 | Business Law (Company Law) – III | 03 |
| 7 | Research Methodology in Accounting and Finance | 03 |
| Total Credits | 20 | |
TYBAF
(Implemented from Academic Year- 2018-2019)
| No. of Courses | Semester V | Credits |
| 1 | Cost Accounting – III | 03 |
| 2 | Financial Management – II | 03 |
| 3 | Taxation – IV (Indirect Taxes – II) | 03 |
| 4 | Management –I (Management Applications) | 03 |
| 5 | Financial Accounting – V | 04 |
| 6 | Financial Accounting – VI | 04 |
| Total Credits | 20 | |
| No. of Courses | Semester VI | Credits |
| 1 | Cost Accounting – IV | 03 |
| 2 | Financial Management – III | 03 |
| 3 | Taxation – V (Indirect Taxes – III) | 03 |
| 4 | Economics – III (Indian Economy) | 03 |
| 5 | Financial Accounting – VII | 04 |
| 6 | PROJECT WORK | 04 |
| Total Credits | 20 | |