Course and Syllabus



The University of Mumbai started the Bachelor of Commerce (accounting & Finance) course in 2003-04. The course not only aims at training students to gain knowledge in the fields related to Accounting & Finance but also leads to the all-round development of their personality.
The BAF course provides comprehensive training to students in the field of Accounting & Finance by way of interaction, projects, presentations, industrial visits, practical training, job orientation and placements. It is a perfectly designed full time course for aspiring Chartered Accountants & Financial Analysts.
Chartered Accountants / Financial Analysts are known to excel at analyzing and understanding the financial structure of a company. They are expected to take the appropriate decision at the right time and ensure that the same are implemented properly. Such are the people required in today’s globally competitive market.
The students are molded perfectly to fit in with the requirements of an ideal Financial analyst / Chartered Accountant who knows how to make proper analysis, correct decisions, and most importantly to ensure the proper execution of the decision.

Duration of the Course and Related Information:

  • • The Course shall be a full time course. 6 Semesters spread over 3 years.
  • • Number of Students: A batch shall consist of not more than 60 students.


A candidate for being eligible for admission to the Bachelor of Commerce (Accounting & Finance) Degree Course shall have passed Std. XII Examination of the Maharashtra Board of Higher Secondary Education or its equivalent and secured not less than 45 % marks in aggregate at one and the same sitting ( 40 % in case of reserved category).

Students from other boards of Universities seeking admission to any of the classes in Degree College will be considered for admission only on production of a Provisional Eligibility Certificate issued by the Registrar, University of Mumbai. Admission will not be granted without the said certificate, under any circumstances. Such student should submit a Migration. Certificate, Statement of Marks and Passing Certificate in original within two months from the date of admission failing which their admission is liable to be cancelled.

Student from other colleges affiliated to the University of Mumbai, who are seeking admission to Second and Third year of B.Com (Accounting & Finance) class will be admitted provisionally on production of ‘No Objection Certificate’ from the principal of the college last attended. Their admission will be conformed only on receipt of the transference Certificate (T.C.) from the previous college. For this purpose, they should submit an application from along with T.C. fee to the college at the time of admission.


Semester I Semester II
Financial Accounting
(Elements of Financial Accounting) I
Financial Accounting
(Elements of Financial Accounting) II
Cost Accounting
(Introduction and Element of cost) I
Auditing (Introduction and Planning) I
Financial Management
(Introduction to Financial Management) I
Innovative Financial Services
Business Communication I Business Communication II
Foundation Course- I
(Contemporary Issues)
Foundation Course – II
(Contemporary Issues)
Commerce Business Law
Business Economics I Business Mathematics
Semester III Semester IV
Financial Accounting III (Special Accounting Areas) Financial Accounting Paper IV (Special Accounting Areas)
Cost Accounting II (Methods of Costing) Taxation III (Direct Taxes II)
Taxation Paper II (Direct Taxes-I) Management Accounting I (Introduction to Management Accounting)
Information Technology in Accountancy – I Information Technology in Accountancy – II
Foundation Course –III (Contemporary Issues) Foundation Course -IV(Contemporary Issues)
Business Law II (Business Regulatory Frame Works) Business Law III (Company Law)
Business Economics – II Research Methodology in Accounting and Finance
Semester V Semester VI
Financial Accounting – V Financial Accounting VII
Financial Accounting -VI Cost Accounting IV
Cost Accounting III Financial Management III
Financial Management II Taxation V (Indirect Tax)
Taxation IV(Indirect Tax) Economics – III Indian Economy
Management Paper II (Management Applications Project Work