Scopes in bfia course and what i wll do after bfia like in masters which course i should prefer
Hi Kiran,
BFIA course is a UG course pursued by student’s keen in finance field. The course focuses on the fundamentals of financial products. It is a core finance course. It provides candidates with the technical knowledge about banking non-banking institutions, forex markets, capital funds and insurance investment, etc.
Students who have a knack for numbers and finance, global economics etc then there are likely to like this course more.
Course duration: three years
Eligibility:
- candidates should have qualified their 10+2 from a recognized board with 50% and a background in either science and commerce stream with mathematics.
- Some institutions also conduct aptitude tests for the entrance
Employment scope:
in MNC’s, banks, brokerage house, investment banking entities, private equity funds, financial research hubs and centers, all non-financial organizations have an in-house finance teams, etc.
Fee structure: it ranges from about 1 L p.a. to 1.5 L p.a. and varies from college to college.
Syllabus:
Financial Accounting
Business Statistics
Strategic Corporate Finance
Cost & Management Accounting
Direct Taxation
Corporate Taxation
International Finance
Financial Derivatives
Financial Statement Analysis
Quantitative Techniques
Financial Management
Management of Financial Institutions
Legal Aspects of Business
Business Ethics & Corporate Governance
Security Analysis & Portfolio Management
Financial Services
Financial Instruments & Market
Corporate Restructuring & Merchant Banking
Information Technology for Business, etc.
Colleges offering BFIA courses:
- Shaheed Sukhdev, Delhi
- Amity College of commerce and finance, Noida
- DU, Delhi
Expectant salary after BFIA: 2 to 5 L
Similar courses like BFIA:
- BBS is a generalist business degree, similar to MBA course to provide exposure to students at ug level.
- BMS four-year course, a combination of BFIA and BBS
- BBS and BFIA study largely the same subjects but, BFIA course is a core finance subject hence covers more in depth syllabus.
Courses to pursue after BFIA: FRM, CFA, MBA, CPA, CA, etc.
All the best! Feel free to ask in comment section if you have any doubts.
BFIA course has wider scope.If you have wider interest in finance then there is no better degree than BFIA.But you need to grasp financial concept really fast.Placement in DU colleges are Max 12 Lac and Avg 6 Lac.At ug level it is more than average.After BFIA you can do cfa,mba,entreprenuership,cs,ca,frm,cpa and many more.
Hope I cleared your doubt.All the best for future endeavour!!!
3 likes
Reply
