BFM

About the Program

The Bachelor of Commerce in Financial Management is a specialized four-year undergraduate degree that prepares students for the management of monetary resources in an organization. This program is primarily aimed at developing financial and managerial skills, to equip students to meet the demand for specialists and leaders in the Financial Management sector.

The program examines financial concepts such as capital, cash budgets, and analysis of financial statements, taxation, and commercial law and provides a comprehensive overview of financial management. In this way, while primarily gaining specialized financial skills, students consider and evaluate different factors in making informed decisions for continued financial growth in an organization and are well prepared to assume Financial Management positions in corporate sector.

Aims and Objectives

  1. To give the students a sound grasps of the area of finance and financial management, both in corporate and personal arenas.
  2. To impart quantitative and qualitative managerial skills in combination with the core subject knowledge in the area of specialization.
  3. To expose the students to a well-diversified and all-round array of subjects especially chosen for this field to ensure 3600 holistic development of the students.
  4. To create industry ready professionals who can contribute to any organization that they join
  5. To lay the foundation and provide the ground room for students of the course to build their future careers in solid and sturdy manner in Financial Management Sector.

Program Outcomes

A student attaining the Bachelor of Commerce in Financial Management [B.Com. in (Financial Management)] degree will be able to:

PO 1: Obtain and assimilate knowledge appropriate to the practice of financial management in any organization

PO 2: Obtain professional and technical skills required in financial management

PO 3: Evaluate financial and accounting concepts and principles and their application in solutions to practical finance problems

PO 4: Prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards; and to analyze and interpret such financial statements

PO 5: Use relevant financial techniques with cost information, for planning, decision-making, performance evaluation and control, within different business settings

PO 6: Apply financial management techniques to issues affecting investment, financing, and dividend policy decisions of an organization

PO7: Understand the general legal framework, and apply specific legal principles relating to business, including taxation legislation as applicable to individuals, single companies and groups of companies

 PO8: Ethics – Understand and recognize the value system, moral dimensions and self-responsibility for nation and society. Demonstrates personal, intellectual integrity and academic accountability and develops an ability to understand and apply professional ethics

PO 9: Explain the process of carrying out the assurance (audit) engagement and its application in the context of the professional (audit) regulatory framework

PO10: Describe the organizational context of the financial manager and of the development of financial systems; to understand the need for the efficient use of resources within an organization.

Eligibility Criteria

  1. 10+2 HSC Qualification:
    Candidate must have passed the Higher Secondary Certificate (HSC) / 12th Standard examination from a recognized board (e.g., Maharashtra State Board, CBSE, ICSE, or other equivalent boards). 
  2. Minimum Marks:
    Generally, candidates are expected to have secured minimum aggregate marks (often around 45% for general category and 40% for reserved categories).
  3. Students from all streams who meet the minimum marks often can apply, subject to college rules.

Career Opportunities after BMS

After completing BFM (Bachelor of Financial Management), students have various career opportunities  in Banking, Finance, and Corporate Sectors. Graduates can work as Management Trainees, Finance  Managers, Financial or Research Analysts, and Credit & Loan Officers in banks and financial Institutions. 

Opportunities are also available as Stock Traders, Investment Advisors, Wealth Managers, and  Insurance Advisors in the financial market. In the corporate sector, students can work as Accounts  Executives, Audit Assistants, or Business Analysts. They can also find opportunities in NBFCs, consulting firms, and fintech companies. With experience and certifications, graduates can move into senior managerial and leadership role

SUBJECT LIST

SEMESTER I (NEP 2020)

Sr. No.

Course Name

Course Type

Credits

1

Financial Accounting – I

Major Mandatory

4

2

Indian Financial Management System – I

Major Mandatory

2

3

Financial Management Project Feasibility Report – I

VSC / SEC

2

4

Computer Skills for Financial Modeling – I

VSC / SEC

2

5

Content Writing

OE

2

6

IT – Google Workspace

OE

2

7

Business Communication Skills – I

AEC

2

8

Environmental Management & Sustainable Development

AECC

2

9

Indian Knowledge System

AECC

2

10

National Service Scheme (NSS)

CC

2

SEMESTER II (NEP 2020)

Sr. No.

Course Name

Course Type

Credits

1

Financial Accounting – II

Major Mandatory

4

2

Indian Financial Management System – II

Major Mandatory

2

3

Financial Management Project Feasibility Report – II

VSC

2

4

Computer Skills for Financial Modelling – II

SEC

2

5

Minor in Financial Management (Human Resource Accounting)

Minor

2

6

Academic & Business Writing

OE

2

7

Advance Excel

OE

2

8

Environment and Sustainable Development – II

VEC

2

9

Hindi Bhasha ke Kushal Aadhar

AEC

2

10

NSS – Leadership & Community Development

CC

2

SEMESTER III (NEP 2020)

Sr. No.

Course Name

Course Type

Credits

1

Security Analysis & Portfolio Management

Major

4

2

Cost Accounting – I

Major

4

3

Investment Advisor – I

VSC

2

4

Fundamentals of Business: Introduction to Management

Minor

4

5

Web Designing with WordPress

OE

2

6

Hindi / Marathi

AEC

2

7

NSS – Study of Indian Social Reformer

CC

2

8

FP

FP

2

SEMESTER IV (NEP 2020)

Sr. No.

Course Name

Course Type

Credits

1

Financial Statement Analysis

Major

4

2

Cost Accounting – II

Major

4

3

Fundamentals of Business: Introduction to Finance

Minor

4

4

Investment Advisor – II

VSC

2

5

Digital Marketing

OE

2

6

Business Communication Skill – II

AEC

2

7

NSS – Youth & Disaster Management

CC

2

8

CEP

CEP

2