Bachelor of Accounting and Finance (BAF) is a 36 months undergraduate program focused on providing in-depth knowledge of financial and accounting subjects. It is an ideal course to practice accountancy on a professional level.
On the other hand, the Bachelor of Management Studies (BMS) course provided by a BAF college in Mumbai is focused more on management. It's a perfect option for the ones who want to build a career in business management. The course allows the enthusiasts to learn and expand their capabilities in this field.
Let's learn which one of the two courses will prove out to be the right option for your career prospects.
Syllabus
BAF is a 36 months degree program, and the curriculum is categorized into six semesters. The best part is that there is a vast diversity of subjects in this course. It includes topics like Cost Accounting, Financial Accounting, Taxation, and more.
If you choose to pursue BMS in the top BMS College in Mumbai, you'll have to deal with the curriculum for up to six semesters like the BAF course. Still, the subjects would include Human Resource Management, Effective Communication, Principles of Management, and others.
Value
BAF degree is the best course option for individuals who want to expand their skill sets in accountancy. However, the course opens various other career options, such as Financial Risk Manager, tax consultant, import manager, stockbroker, and more. Students with BAF certification are responsible for analyzing and planning things for the profitability of the business. They ensure that the available resources are utilized efficiently.
BMS degree from a best college for commerce holds the same value. It teaches the students about business management and related concepts. Aspirants can build their career as Business Operations Manager, Enterprise Manager, Project Manager, Human Resource Developer, Sales and Marketing Expert, Data Analyst, and more. The value of the course also depends on the curriculum adopted by the institute. It is best to visit the website of the college and get the necessary details before enrolling yourself.
Scope
If you have more interest in accountancy, then the BAF course will prove out to be the right option for you. It helps students strengthening their foundation in the field. BAF graduates usually get the roles of Finance analyst, Billing data analyst, Accounting analyst, etc. You can earn pretty well on completing this course.
BMS course also has a good scope. On completing this certification program from a BAF college in Mumbai, you can either look for a job or pursue a Master's in the same field.
Final Takeaway
Both BAF and BMS course comes with its fair share of pros and cons. Irrespective of your course choice, you are sure to have higher study and good career opportunities. The significant difference between the courses is the choice of Finance or accounting.