B.Com (Accounting & Finance) – BAF

B.Com (Accounting & 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 Furthermore, traditional degrees become outdated and even irrelevant in the modern workforce.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 two new Bachelor of Commerce degrees which encompass a shift from general education to professional education.


These degrees aim at :

  • Creating for the students of University of Mumbai an additional avenue of self- employment and also to benefit the industry by providing them with suitable trained persons in the field of Accounting & Finance. Banking and Insurance.
  • Preparing students to exploit opportunities, being newly created in Banking & Insurance, Accounting and Finance as the profession due to Globalization, Privatization & Liberalisation.
  • To provide adequate basic understanding about Banking, Insurance & other financial services to the students and to give an adequate exposure to operational environment in the field of Banking, Insurance & other related financial services of Accounting and Finance.
  • To inculcate training, and practical approach, by organizing industrial visits, summer placements and using modem technology in teaching the students in the field of Accounting & Finance and Banking & Insurance.
FIRST YEAR

SEMESTER - I (7 Papers)

  1. Financial Accounting Paper I
    • Elements of Financial Accounting
  2. Cost Accounting Paper I
    • Introduction & Elements of Cost
  3. Economics Paper I
    • Micro Economics
  4. Commerce Paper I
    • Business Environment
  5. Accounting with use of Accounting Software I
    • Introduction & Applications
  6. Business Communication Paper I
    • Introduction & Principles
  7. Foundation Course
    • Commercial Enviornment - I

SEMESTER - II(7 Papers)

  1. Financial Accounting Paper II
    • Special Accounting Areas
  2. Auditing Paper I
    • Introduction & Planning
  3. Financial Management Paper I
    • Introduction to Financial Mgt.
  4. Taxation Paper I
    • Indirect Taxes Paper I
  5. Business Law Paper I
    • Business Regulatory Framework
  6. Quantitative Methods for Business Paper I
  7. Business Communication Paper II
    • Application in Business

SECOND YEAR

SEMESTER - III (7 Papers)

  1. Financial Accounting Paper III
    • Special Accounting Areas
  2. Cost Accounting Paper II
    • Methods of Costing
  3. Auditing Paper II
    • Technique of Auditing
  4. Economics Paper II
    • Macro Economics
  5. Business Law Paper II
    • Company Law
  6. Management Paper I
    • Principles of Management
  7. Quantitative Methods for Business - Paper II

SEMESTER - IV (7 Papers)

  1. Financial Accounting Paper IV
    • Special Accounting Areas
  2. Management Accounting Paper I
    • Introduction to Mgt. Accounting
  3. Taxation Paper II
    • Indirect Taxes Paper II
  4. Commerce Paper II
    • Financial Market Operations
  5. Business Law Paper III
    • Industrial Regulatory Framework
  6. Information Technology Paper II
    • Applications in Accounting & Finance
  7. Foundation Course II
    • Value Education & Soft Skills

THIRD YEAR

SEMESTER - V (6 Papers)

  1. Financial Accounting
    • Paper - V (Corporate Accounting)
  2. Cost Accounting
    • Paper - III (Methods and Accounting)
  3. Financial Management
    • Paper - II
  4. Taxation
    • Paper - III (Direct Taxes Paper-1)
  5. Management
    • Paper - II(Management Applications)
  6. Auditing
    • Paper - III

SEMESTER - VI (6 Papers)

  1. Financial Accounting
    • Paper - VII (Corporate Accounting)
  2. Cost Accounting
    • Paper - IV (Techniques of Costing)
  3. Financial Management
    • Paper - III
  4. Taxation
    • Paper - IV (Direct Taxes Paper-II)
  5. Financial Accounting
    • Paper - VII
  6. Economics
    • Paper - III (Indian Economy)


Coming Soon...



PAPER PATTERN AND INTERNAL ASSESSMENT FOR B.M.S./B.A.F/B.B.I./B.F.M.


Internal Assessment 40% 40
(a) For Courses without practical
One class test / Case study / on-line examination 20
One Assignment 10
Active participation in class instructional deliveries 05
Overall conduct as a responsible student, mannerism and articulation and exhibit of leadership qualities in organizing related academic activities 05
(b) For Courses with practical
Journal – 5 marks, Viva Voce 20 Marks
Laboratory work 10 Marks
One assignment/Project with class presentation
( Presentation – 5 marks and Written Document 5 Marks) 10 Marks
Active participation in class instructional deliveries 5 Marks
Overall conduct as a responsible student, mannerism and articulation and exhibit of leadership qualities in 5 Marks
Semester End Assessment 60% 60
Duration – These examinations shall be of 2 hours duration
Question Paper Pattern:
  1. There shall be four questions each of 15 Marks
  2. All questions shall be compulsory with internal choice within the questions.
  3. Question may be sub-divided into questions a, b, c, d & e only
  4. Allocation of marks depends on the weightage of the topic.