In today's contemporary business environment, accounting and finance play a significant role. The Department of Bachelor of Commerce (Accounting & Finance), often known as BAF, was established in the academic year 2014–15 in response to the rising demand for qualified professionals in this area. The goal of the BAF programme, a three-year comprehensive programme, is to increase self-employment while also benefiting corporate organisations by supplying them with qualified students who are trained in the fields of accounting and finance, including cost accounting, auditing, IT, taxation, economics, and business law. Other programme components include presentations, projects, guest lectures, industrial visits, and internships. The Department of BAF seeks to uphold academic quality and give students the tools they need to succeed in the accounting and business worlds.


1. To create 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 person in the field of accounting and Finance.(A/F)

2. To prepare student to exploit opportunities, being newly created, in the Accounting and Finance profession.

3. To provide adequate basic understanding about Accounting and Finance educational among the students.

4. To give an adequate exposure to operational environment in the field of accounting and finance.

5. To include training and practical approach by using modern technologies amongst the student in the field of Accounting and Finance.

Eligibility : for Admission (B.Com. Accounting and Finance)

1. A candidate for being eligible for admission to the Bachelor of Commerce Degree Course shall have passed XII std. Examination or the Maharastra Board of Higher Secondary Education or its equivalent

2. Every Candidate admitted to the degree Course in the Constituent/affiliated College recognised institution, conducting the course. Shall have to register himself/herself with the University.

3. Students passing an examination equivalent to S. Y. J .C. of the Higher Secondary Board, Mumbai and Inter-Mediate (Arts/Science/Commerce) of University of Mumbai or from other states & immigrating from other Universities, Boards & seeking admission to the F.Y. of the Three Year Integrated Degree Course will be admitted only on production of a Valid “Provisional Eligibility Certificate” issued by the University of Mumbai for the current academic year and for the desired course. Such students should submit a migration certificate, statement of marks and passing certificate in original along with true copies within two months, from the date of admission, failing which their admission is liable to be cancelled.

4. Students should see the University of Mumbai website for various courses and eligibility rules.

5. Duration of the Courses and Related information

a. The course shall be a full time course. The duration of the course shall be six semesters spread over in three years.

b. A Batch shall consist of not more than 60 students.

c. The Total number of lectures per paper per semester (Subject) shall be maximum of 50 and a maximum of 55 each of 50 minutes duration.


Syllabus of BAF Course

BAF First Year Syllabus
Semester I
Semester II
Financial Accounting - Elements of Financial Accounting Financial Accounting - Special Accounting Areas
Cost Accounting - Introduction and Element of Cost Auditing - Introduction, and Planning
Economics - Micro Economics Economics - Micro Economics
  Financial Management
Commerce - Business Environment Taxation - Indirect Taxes
Accounting with use of Accounting Software - Introduction and Applications Business Law - Business Regulatory Framework
Business Communication Quantitative Methods for Business
Foundation Course - Commercial Environment Business Communication - Application in Business
BAF Second Year Syllabus
Financial Accounting (Special Accounting Areas) Financial Accounting (Special Accounting Areas)
Cost Accounting (Methods of Costing) Management Accounting (Introduction to Management Accounting)
Auditing (Techniques of Auditing and Adult Procedures) Taxation (Indirect Taxes)
Economics (Macro Economics) Commerce (Financial Market Operations)
Business Law Paper (Business Regulatory Framework) Business Law (Company Law)
Management (Introduction to Management) Information Technology (Applications in Business)
Quantitative Methods for Business Foundation Course (Value Education and Soft Skill)
BAF Third Year Syllabus
Financial Accounting Financial Accounting
Cost Accounting Cost Accounting
Financial Accounting Auditing
Management Accounting: Financial Statement Analysis Financial Accounting
Taxation: Direct Tax Taxation: Direct Tax
Economics: Indian Economy Management: Principles of Management & Applications