Difference between B.Com, B.A.F, B.F.M, B.B.I, BMS, BBA

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What is :

B.com is bachelors in commerce


BBI (Bachelors in Banking and Insurance) is a course which lends professionalism to the B.Com course. BBI is a full time course which comprises of 6 semesters i.e 3 years. The programme includes 38 subjects and 2 projects of 100 marks each at the Third year level related to the Banking and Insurance industry which are to be submitted in Semester V and Semester VI respectively.

BMS : Bachelor of Management Studies was introduced by University of Mumbai from the academic year 1999-2000. The objective of the program is to prepare students for middle management positions in various spheres such as marketing, finance, personnel and computers. B.M.S. is a 3-year degree program comprising of 6 semesters and is limited to a batch strength of 60 students per college.

OBJECTIVES:

To create for the students of University of Mumbai an additional avenue of self employment and also to benefit Industry by providing them with suitable trained persons.
To prepare students to exploit opportunities being newly created in the Management Profession.
To provide adequate basic understanding about Management Education among students.


ELIGIBILITY:
A candidate for being eligible for admission to the Degree Course in Management Studies shall have passed XII Std. Examination of the Maharashtra Board of Higher Secondary Education or its equivalent and secured not less than 50% marks in aggregate at first attempt + Every eligible candidate has to appear for a common entrance test to be conducted by University of Mumbai for getting admission to this course. Every candidate admitted to the Degree Course in the Constituent / affiliated college / recognized institution conducting the course shall have to register himself/herself with the University.


BMM : University of Mumbai introduced the 'Bachelor of Mass Media' course in the year 2000. Duration of course is 6 Semesters spread over 3 years. The Course shall consist of 34 Theory papers and 1 project and an internship of 4 weeks duration


BAF : Bachelors in Accounting and Finance. The objective is to create for the students of University of Mumbai an additional avenue of self- employment and also to benefit the industry by providing them with suitable trained persons in the field of Accounting & Finance. To prepare students to exploit opportunities, being newly created, in the accounting and finance profession. To provide adequate basic understanding about accounting and finance education among the students.

ELIGIBILITY:
A candidate for being eligible for admission to the Bachelor of Commerce (Accounting & Finance) Degree Course shall have passed XII std. Examination of the Maharashtra Board of Higher Secondary Education or its equivalent and secured not less than 50% marks in aggregate at first attempt (45% in case of reserved category). Every Candidate admitted to the Degree Course in the Constituent/affiliated college/ recognized institution, conducting the course, shall have to register himself/herself with the University.

B.F.M. (bachelor of financial markets) course is designed to cater to a niche requirement of professionals in financial markets who can analyse debt, equity, capital and commodities markets with a focus on stock trading, equity research and financial analysis.



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Future prospects :

B.com : A person doing bcom can take up Chartered accountancy or cost accountancy. He can be a financial analyst or take up CS. He has a variety of options and can explore masters degree in Finance or any of the verticals of his choice.

BAF students can do the same as bcom students but they have specialized skillsets in accounting and finance and hence have an edge. Though subjects of import export trade, commerce etc are neglected.

BBI students can take up banking jobs and fill the gaps or they can do a pg course in finance > banking and insurance and climb higher up the ladder.

BMM students end up taking masters in advertising/ journalism, mass communications or at a production house or journalists.

BMS students learn almost 80 % of what is taught in first year of MBA and the obvious choice is to take up mba or take a management trainee position in a reputed company. Exceptions are few of some who start their own ventures.

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