Top 6 Career Options after BAF - Eligibility, Salary

Best Career Options after BAF (Bachelor of Accounting and Finance)

As the commerce sector is rapidly growing, the demand for skilled professionals in accounting and finance has increased significantly. As a result, BAF graduates today have several career opportunities in finance and accounting available.

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.

1. Chartered Financial Analyst (CFA)

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.

2. Financial Risk Manager (FRM)

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.

3. Tax Assistant

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.

4. Audit Associate Trainee

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.

5. Certified Management Accountant

A career as a certified management accountant involves 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.

7. Financial Planner Assistant

A career as 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.

Salary Trends after BAF

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.

Conclusion

A BAF degree leads to a variety of professional opportunities in accounting, finance, auditing, taxation, and banking. Graduates can pursue careers as financial analysts, careers as accountants, careers as auditors, careers as tax consultants, or careers as bankers. The degree provides students with the necessary financial abilities and makes them employable in a variety of businesses.