Bachelor of Commerce (Accounting & Finance) B.A.F.

Introduction

The Bachelor in Accounting & Finance provides the base for a specialist

managerial position in the field of economic management. The participant

will be able to collect, analyze and present information on business

economics on which enterprising decisions can be made.

The Punjab University started the Bachelor of Commerce

(accounting & Finance) course in 2010-11. 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 analysing

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 and such are the people that NM College produces in

abundance.

The students are moulded 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.

The faculty at MG College has understood the course completely to

build a perfect platform for students and works as a friend,

philosopher and a guide. MG College will definitely become a leading

college offering the BAF Course.

Hence, if you have the zest and the endurance to face challenges, the

passion to succeed and win and also to commit yourself to building a

challenging career in Accounts & Finance with an international

outlook, BAF is a course specially designed for you.

Admission Procedure

Students seeking admissions to this college are required to apply in the prescribed

form. Students must affix recent photograph on the filled admission form along with

copies of the statement of +2 mark sheet for verification to the office staff. Incomplete

forms will be rejected. The merit list will be displayed in the college as per University

guidelines, and all selected students should submit original documents as mentioned in

the list of documents section.

All admissions are made in the college according to the admission schedule sent by the

university. Any seat that falls vacant due to cancellation is filled on merit basis in the

next list.

Examination System

SCHEME OF EXAMINATION

I. The Scheme of Examination shall be divided in two parts.

a. Internal Assessment: 40% i.e. 40 marks.

b. Semester End Examination : 60% i.e. 60 marks.

A. INTERNAL ASSESSMENT - 40 MARKS

The allocation of 40 marks shall be as follows:

a. Two best of Three periodical class tests held in the given

Semester.- 20 Marks.

b. A better of the Two Assignments – with presentation in Seminar

etc. - 10 Marks.

c. Active participation in routine class instructional deliveries – 5

Marks

d. Over all conduct as a responsible students, mannerism

articulation and exhibit leadership quality in organising related

academic activities – 5 Marks

B. SEMESTER END EXAMINATION -60 MARKS

A. Duration – This examination shall be of 3 Hrs. duration,

B. Question paper pattern –

i. There shall be 14 questions.

ii. There are total 3 parts.

iii. In the Ist part there shall be 10 questions of 2 marks each.

iv. The IInd & IIIrd part there shall be 4 questions of 10

marks each.

v. All questions shall be compulsory with internal choice

within the question.

II. A student must get 40% marks in aggregate i.e. 40% marks in Internal

Assessment (i.e. 40% of 40 = 16) as well as 40% marks in Semester End

Examination (i.e. 40% of 60 = 24) separately, in order to pass the examination.

III. The responsibility of evaluation during the first 4 semesters will rest with the

college. The college will carry out the internal evaluation for theory papers in

Semester V, VI, while the university will conduct the semester end examination

for these two semesters. The internal evaluation marks of students appearing for

semester V and VI are sent to the University by the respective college bef0re the

commencement of the respective semester-end examination.

Last Year 's Cut-Off percentage

This is the first year of the course of Bachelor of Commerce (Accounting &

Finance) at this college.

Additional Examinations

Eligibility to appear at the additional examination:

A student who could not appear in some or all the papers, either at the First Term

Examination or at the Second Term Examination on medical grounds or for

representing the college / University in Sports, Cultural activities, activities of NCC,

NSS, conducted by recognized bodies/competent authorities or for any other reason

which is considered valid under exceptional circumstance and to the satisfaction of the

Principal is eligible to appear for the additional examination. This examination will be

conducted within 15 days of conduct of the IInd Term Examination.

Brief Curriculum

BAF is a 3 years full time course. Each year is divided into 2 semesters.

First Year B.A.F. Semester I First Year B.A.F. Semester II

101: Functional Punjabi 201: Functional English

102: Foundations of

Accounting-I

202: Foundations of Accounting-

II

103: Fundamentals of Computer

Applications

203: Fundamentals of Statistics

104: Business Laws 204: Corporate Legal

Environment

105: Seminar 205: Viva-Voce

106: Workshop on

Communication Skills

206: Workshop on Soft Skills and

Personality Development

Passing Standards

Guidelines for passing standards for various semesters of Bachelor of

Commerce (Accounting & Finance):

1. A student must get 40% marks in aggregate i.e. 40% marks in Internal

Assessment (i.e. 40% of 40 = 16) as well as 40% marks in Semester End

Examination (i.e. 40% of 60 = 24) separately, in order to pass the examination.

No DivisionTotal Percentage of

MarksGrade

I I-I 65 or above OI-II 60 -- 64 A

II II – I 55 – 59 BII – II 50 – 54 CII - III 45 – 49 D

III III 40 – 44 EIV Fail 39 or below F

2. Carry forward of internal mark: A candidate who fails in any particular

theory paper shall be allowed to reappear for that theory paper. However,

his/her internal evaluation marks shall be carried over.

3. Eligibility criterion for admission from Sem. I to Sem. II - A candidate

shall be allowed to keep terms for Semester II if he / she passes Semester I OR if

he/she fails in not more than two theory papers of Semester .

4. Eligibility criterion for admission from Sem. II to Sem. III - A

candidate shall be allowed to keep terms for Semester III if he/she passes

Semester I and Semester II OR if he/she fails in not more than two theory

papers of Semester I and Semester II taken together.

5. Eligibility criterion for admission from Sem. III to Sem. IV - A

candidate shall be allowed to keep terms for Semester IV if he / she passes in

each of Semester I, II and III OR if he/she passes Semester I and fails in not

more than two subjects papers of Semester II and Semester III taken together.

6. Eligibility criterion for admission from Sem. IV to Sem. V - A

candidate shall be allowed to keep terms for Semester V if he / she passes in

each of Semester I, II as well as III and IV OR if he/she passes Semester I and

Semester II and fails in not more than two theory papers of Semester III and

Semester IV taken together.

7. Eligibility criterion for admission from Sem. V to Sem. VI - A

candidate shall be allowed to keep terms for Semester VI if he / she passes in

each of Semester I, II, III, IV and V OR if he/she passes Semester I, Semester II

and Semester III and fails in not more than two theory paper of Semester IV and

Semester V taken together.

Eligibil ity Criterion:

(a) : A candidate for being eligible for admission to the Bachelor of Commerce

(Accounting & Finance) Degree Course shall have passed XIIth Std. Examination of the

Punjab/CBSE Board of Higher Secondary Education or its equivalent examination

and secured not less than 45% marks in aggregate at first attempt (40% in case of

reserved category) .

(b) : 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.

Revaluation:

Students can apply for verification of the assessed answer books within 15 days of

declaration of the results. The students must fill the relevant forms and submit the duly

filled in forms with the verification fees and a photo copy of the mark sheet to the

college office. The results of verification will be displayed on the notice board.

The details of the procedure can be obtained from the examination department of the

college.

Career prospects

After graduation there is a wide range of professional roles available, such as

controller, financial strategic manager, assistant accounting, business assistant

or organization expert.