BFM Courses
The Bachelor of Financial Markets (BFM) is a specialised undergraduate program that spans 3 to 4 years, depending on the institution. It's tailored for students with a keen interest in the finance sector, particularly those who wish to explore the intricacies of financial markets, investment strategies, and financial management. The course is designed to equip students with the necessary skills to navigate the complex world of finance, making it an ideal choice for those aiming for careers in investment banking, financial analysis, and portfolio management.
What is the BFM Course?
The Bachelor of Financial Markets is a three-year undergraduate degree that focuses on the intricacies of financial markets and includes economics, economic hazards, and investing. It also includes practical areas of study like planning, coordinating, and managing capital resources. BFM is a course you should look into if you're interested in business.
In the nuances of how the market works and want to make a profession out of it.
BFM Course: Highlights
Course Name |
Bachelor of Financial Markets |
Short Name |
BFM |
Course Level |
Undergraduate |
Course Type |
Degree Programme |
Degree |
Bachelor |
Specialisation |
Financial Market |
Course Duration |
3 Years |
Course Mode |
Regular |
Minimum Qualification Required |
10+2 |
Age |
Not Specified |
Selection Process |
Admission Through Entrance Exams |
Average Course Fee |
INR 50,000 Per Year |
Relevant Field |
Commerce and Finance |
Job Types |
Financial Risk Manager, Financial Analyst, Chartered Accountant, Research Analyst, Financial Consultant, Financial Manager, Company Secretary, etc. |
Initial Average Salary |
INR 4 LPA - INR 6 LPA |
Core Subjects in BFM Course
The curriculum of the BFM course is comprehensive, covering a wide range of subjects that provide students with a deep understanding of the financial markets and their functioning. Key subjects include:
- Principles of Investment
- Micro and Macro Economics
- Statistics
- Debt and Equity Markets
- Organisational Behaviour
- Security Analysis
- Taxation for Investments
- Risk and Wealth Management
Top Universities to Study BFM Abroad
- Harvard Business School (HBS), North America, USA.
- North West Kent College, UK.
- The University of Sydney, Sydney, Australia.
- University of Regina, Regina, Canada.
- Texas A & M University, College Station, USA.
Entry Requirements to Study BFM Abroad
Several prestigious institutions provide admittance to individuals wishing to pursue a bachelor's degree in financial management. Individuals must, however, meet specific standards to be admitted to the programme. Even the admissions process for BFM and other undergraduate management courses will have some similarities. To be clear, admission to various UG programmes can be obtained by either a merit-entry or an entrance-entry approach. The admissions process for the Bachelor of Financial Management programme is no different; students are placed in universities based on their qualifying entrance exam scores.
Steps to enrol in the course based on admission scores are listed below:
- The pupils' initial step is to determine which universities they are interested in attending.
- Then, if required by the colleges/universities, complete the application form for the entrance exam. Documents, photographs, grade sheets, and other information must be inserted in the proper sizes and formats.
- Good grades in the entrance exam are required for participants because the report is based on the grades received in the respective exams. As a result, it is recommended that students achieve high scores on the qualifying entrance exam to gain admission to reputable universities.
- Students who perform well on the admission exams will advance to the next step. They may be asked to participate in a personal interview or a group discussion.
- After completing all stages, the applicants will be admitted to the colleges.
Courses After BFM courses
1. Accredited Public Accountant (CA)
- CA is one of the most well-known jobs that cross any business student's mind.
2. Commercial Masters (M.Com)
- Now that you've completed the BFM, what's next? M.Com is the most popular option among students. It is extremely common for students to pursue a Master's degree in Commerce after completing their BFM.
3. A Master's Degree in Business Administration (MBA in Finance)
- Someone in the family will almost always persuade you to pursue an MBA. A successful MBA career is entirely dependent on the authenticity of the foundation from which one is searching.
4. Certified Management Accountant (CMA) is a designation given to a person who has (CMA).
- If you wish to travel the world or work for top multinational corporations, universal certifications are necessary.
5. Certified Public Accounting (CPA) is a type of accounting recognised by the government (CPA).
- A Certified Public Accountant (CPA) is the most widely recognised benchmark of ability in the profession of accounting.
6. Chartered Certified Accountants Association
- With 162,000 members and 428,000 students in 173 countries, the ACCA (Association of Chartered Certified Accountants) is the world's largest and fastest-growing worldwide accounting association.
Employment Areas and Job Profiles
- Finance and Banking: Graduates can pursue roles such as Financial Analysts, where they analyse financial data to help businesses make investment decisions, and Finance Managers, responsible for budgeting, forecasting, and managing an organisation's financial health.
- Insurance: Positions like Risk Assessors and Policy Analysts are crucial in evaluating risk and designing insurance policies to manage and mitigate these risks effectively.
- Consultancy Firms: As Financial Consultants, BFM graduates advise clients on investments, wealth management, and financial planning, tailoring strategies to meet clients' financial goals.
- Accountancy and Auditing: With roles such as Accountants and Auditors, graduates ensure accurate financial reporting and compliance with financial regulations, playing a key role in maintaining the fiscal integrity of businesses.
- Stock and Capital Markets: Careers as Stockbrokers and Investment Strategists involve navigating the stock market, advising on stock purchases, and developing investment strategies to maximise returns.
Salary Outlook for BFM Graduates
BFM graduates start with salaries ranging from 4 to 6 Lakh annually. With experience, roles like Financial Managers can earn over 12 Lakh annually, highlighting the sector's lucrative potential.
BFM Course Scope Abroad
BFM is one of the most popular degrees among Indian students who wish to study abroad. Not only is the BFM course content solid and aligned with current market trends, but a BFM degree from abroad also gives students a reasonable possibility of working and residing abroad. Although labour permits and restrictions differ from place to country, BFM has a bright future. Teaching, Education, Biomedical Science, Applied Science, and Forensic Science are among the most popular departments among BFM students. National University Of Singapore, Massey University, Nanyang Technological University, Massey University, and Massachusetts Institute Of Technology are among the top universities globally for studying BFM.
The BFM programme is a highly sought-after professional path in the financial industry, with numerous job opportunities available worldwide. If you have a business background, you will have a greater understanding of this industry. Furthermore, suppose you can get into a reputable institution. In that case, you will have a better chance of landing a job with a reputable company.
Conclusion
The BFM course equips graduates for diverse finance roles, promising significant career growth and financial rewards. It's an ideal path for those aiming to thrive in the finance industry.
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