Career and Scope of BFM (Bachelors of Financial Market)

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Bachelor’s of Finance Management is an undergraduate degree. This has a duration of three years. During this course, students are trained for different project interactions, jobs, industrial visits, presentations, etc. It understands finance and money, investment risk, legal parameters, etc. Career and Scope of BFM (Bachelors of Financial Market)

It aims in using modern technology in teaching the students about the different fields and providing adequate basic understanding about insurance and finance. While giving them exposure to the operational environment bfm course scope.

Eligibility Criteria

  • The candidate must have passed the class 12th board from any recognized board.
  • Candidates with any stream can pursue BFM but some colleges have different kinds of criteria they prefer having a background in Economics/ Mathematics/ Finance/ Statistics as main subjects.
  • Candidates need to score at least 50% in the 12.

Career Options After Completing BFM

Career and Scope of BFM

Chartered Accountant

Chartered Accountant exams are conducted by ICAI. CA is a professional who practices accounting, auditing, taxation, and financial assessment for an individual or an organization. They offer advisory services to clients bfm course scope.

They take care of matters related to accounting and taxation like filing tax returns, audit financial statements, maintaining records of investment, etc.

Financial Risk Manager (FRM)

Financial Risk Manager is a globally recognized professional certification for banking and finance professionals. FRM exams are conducted by the Global Association of Risk Professionals and require one to clear two exams level 1 and level 2 bfm course scope.

It also requires some work experience related to the field. After completing your FRM you have opportunities in risk management, trading, structuring, and modeling, etc.

Certified Management Accountant (CMA)

CMA is a certified course in India organized by the CMA institute. A person who does both can handle the financial records and cost records of the company together bfm course scope. Course duration is up to 3 years and exams are of 3 levels.

Certified Public Accountant (CPA)

The Certified Public Accountant degree is awarded by the American Institute of Certified Public Accountants. With a CPA degree, one can work in a wide variety of areas like assurance services, forensic accounting, financial planning, internal and external auditing, etc. The scope of CPA is very good you can even work outside the country. It takes 2-4 years bfm course scope.

Chartered Financial Analyst (CFA)

Chartered Financial Analyst is a globally recognized course and it is the most respected degree in financial service and management. In the booming financial sectors such as banking and insurance CFA holds great significance bfm course scope. The duration of the course ranges between 1.5 to 4 years. CFA exams are conducted 4 times a year.

MBA In Finance

MBA in finance is a post-graduation program that involves studying management of accounts and finance of companies to achieve financial objectives bfm course scope. It gives an in-depth knowledge of pricing assessment management, risk management, financial planning, etc.

Masters Of Commerce ( M.Com)

Masters of Commerce is about numbers graphs and calculation. One needs to have sharp analytical skills bfm course scope. It is ideal for candidates who wish to make a career in the banking, finance, service, accounting, and commerce sector. The two years help to develop deeper about the economy, capital, revenue, etc.

BFM graduates have many options to choose from one should try to find out his or her interest and then validate it with more information and details about the course

Frequetly Asked Questions

Q:What is BFM?

Bachelor of Financial Markets is abbreviated as BFM. The undergraduate degree programme lasts three years and provides students with a thorough grounding in financial markets. Financial analysis, investment banking, portfolio management, and risk management are some of the subjects covered in the programme.

Q:What are the eligibility criteria for BFM?

You must have finished your 12th grade with at least 50% in any stream to be eligible for BFM. Additionally, you need to be well-versed in both English and mathematics.

 

Q:What are the career prospects after BFM?

Many financial businesses, including investment banks, brokerage houses, mutual funds, and insurance agencies, are hiring BFM graduates. They may also work for big businesses’ corporate finance divisions.

Q:What are the skills required for a career in BFM?

Graduates of BFM programmes must possess good analytical and problem-solving abilities. Additionally, they ought to be capable of critical thinking and wise financial judgement. They should also be able to communicate clearly with both clients and coworkers.

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