Bachelor of Commerce (Accounting and Finance)

About the Department

Our college started the B.Com (Accounting & Finance) course in the year 2016. It provides a perfect platform for budding finance professionals to hone their skills and further their careers as Mumbai, being the financial capital of India, sports a wide array of financial institutions and industries.

The B.Com (Accounting & Finance) course is a three years full time program affiliated to the University of Mumbai. The curriculum aims to give a complete overview of accounting related subjects like Financial Accounting, Cost Accounting, Financial Management, Auditing & Taxation and also enables students to visualize the world of accounting and finance through a broad spectrum of other subjects Economics, Law, Ethics and Computer systems.

This course lays the foundation for students to be competent accounting professionals and opens up a whole range of possible careers in the field of accounting and finance. This course also acts as a launch pad for students aspiring to take up careers in professional courses like CA, CMA, CFA, CS, MBA, etc.

The faculty of the department consist of qualified professionals with industry experience. The Department invites eminent speakers and accounting professionals to guide the students on various accounting, finance and taxation issues. It conducts various seminars and conferences for the students to supplement the stated curriculum.

Objectives

To provide in-depth knowledge and to equip students with the necessary skills in the area of Accounting & Finance
To impart comprehensive training to students by way of interaction, seminars, workshops, projects, presentations, industrial visits, practical training, job orientation and placements
To imbibe ethics and values in the students with respect to Accounting and Finance
To prepare students for a wide variety of careers in Accounting, Auditing, Taxation & Financial Sectors
To encourage students to pursue professional qualifications such as CA, CMA, CFA, CS, MBA, Ph. D, etc

Pedagogical Skills

Lecture based teaching enabling interactions coupled with development of problem-solving skills
Use of PPT and video lectures in ICT enabled classrooms and on online teaching platforms to promote a greater conceptual understanding
Hands on experience to the students on the computers in the computer lab during Information Technology practical sessions
Participative learning through group discussions, seminars, workshops and project presentations
Case study-based learning aided by discussion of factual cases in subjects like Business Law, Auditing, Corporate Law and Taxation to promote critical thinking
Industrial visits that facilitate observational and experiential learning
Exploring various finance and taxation related websites viz. Income Tax, GST and MCA website to understand practical aspects and various compliance functions

Special Programme

Special Programme

The Department conducts seminars and workshops for students on various current financial affairs like discussion on Union Budget, Goods and Services Tax etc. The students of the Department participate in various activities organized by various associations of the college that include Elocution competitions, Management quiz and Expert lectures by well-known personalities.

SWOC Analysis

Strengths:

Qualified and competent faculty consisting of Chartered Accountants with professional and Industry experience
Much in demand among the students aspiring to become Chartered Accountant, Cost & Management Accountant, Chartered Financial Analyst, Company Secretary, etc
A syllabus designed to offer a perfect blend of specialized knowledge in Accounting & Finance along with allied subjects like Economics, Law and Information Technology

Weakness:

Students doing apprenticeship or part-time jobs find it difficult to cope with the vast syllabus
Time constraints in completing the syllabus as a lot of practice work need to be given

Opportunities:

Collaboration with professional institutes to develop and conduct certificate courses
Placement in reputed Companies after completion of the course
Collaborations with industries for training and internships to promote experiential learning
Involvement of Alumni in student support activities

Challenges

Challenges in grasping of complicated financial concepts and legal terms by first generation learners and students from vernacular medium
Competition from neighboring colleges
Various online courses offering similar curriculum at a competitive fee

Faculty

CA Sushanti Wandrekar

Assistant Professor

M.Com.(Accountancy), ACA, NET-Commerce, SET-Commerce

Mr. Baljeet Dhanilal Saw

Assistant Professor

M.Com.(Accountancy), NET-Commerce, PGDFM

Annual Reports

Sr. No.	Academic Year	Annual Report
1	2020-21	View
2	2019-20	View
3	2018-19	View
4	2017-18	View
5	2016-17	View

Activities

Poems contributed to Mahatma Gandhi Peace Centre and NSS PG B-60 unit of University of Mumbai

Mahatma Gandhi Peace Centre and NSS PG B-60 unit of University of Mumbai had invited poetries under the theme Peace. 2 BAF students had contributed poetries for the same.

Poem by Mr. Saurabh Jha

Poem by Mr. Mithilesh Dhamankar

Poems contributed to School of International Relations and Strategic Studies, University of Mumbai

Students with their copies of Anthology of poems with Hon. General Secretary Shri M. A. Subramanian, Principal Dr. Usha Iyer and Vice Principal – Science, Mrs. Neeta Khanolkar

A compilation of poetries invited by School of International relations and Strategic Studies and Dr. Babasaheb Ambedkar International Research Centre, University of Mumbai. The theme was Women Empowerment. 4 BAF students contributed poetries in this. This book is now available on Amazon for sale

Poem by Ms. Anuja Naik

Poem by Mr. Ashish Purohit

Poem by Mr. Mithilesh Dhamankar

Poem by Ms. Shraddha Jadhav