The Bachelor of Commerce (Accounting & Finance) program provides comprehensive training in accounting and finance fields through classroom instruction, projects, presentations, industrial visits and practical training. The 3-year program aims to produce skilled chartered accountants and financial analysts prepared to make proper analyses, decisions and ensure execution of those decisions. The program began in 2010-11 at The Punjab University and the faculty works closely with students to build their knowledge and career skills in a supportive environment.

1. Bachelor of Commerce (Accounting & Finance) B.A.F.
Introduction
The Bachelor in Accounting & Finance provides the base for a specialist
managerial position in the field of economic management. The participant
will be able to collect, analyze and present information on business
economics on which enterprising decisions can be made.
The Punjab University started the Bachelor of Commerce
(accounting & Finance) course in 2010-11. The course not only aims
at training students to gain knowledge in the fields related to
Accounting & Finance but also leads to the all-round development of
their personality.
The BAF course provides comprehensive training to students in the
field of Accounting & Finance by way of interaction, projects,
presentations, industrial visits, practical training, job orientation
and placements. It is a perfectly designed full time course for
aspiring Chartered Accountants & Financial Analysts.
Chartered Accountants / Financial Analysts are known to excel at analysing
and understanding the financial structure of a company. They are expected
to take the appropriate decision at the right time and ensure that the same
are implemented properly. Such are the people required in today’s globally
competitive market and such are the people that NM College produces in
abundance.
The students are moulded perfectly to fit in with the requirements of
an ideal Financial analyst / Chartered Accountant who knows how to

2. make proper analysis, correct decisions, and most importantly to
ensure the proper execution of the decision.
The faculty at MG College has understood the course completely to
build a perfect platform for students and works as a friend,
philosopher and a guide. MG College will definitely become a leading
college offering the BAF Course.
Hence, if you have the zest and the endurance to face challenges, the
passion to succeed and win and also to commit yourself to building a
challenging career in Accounts & Finance with an international
outlook, BAF is a course specially designed for you.

3. Admission Procedure
Students seeking admissions to this college are required to apply in the prescribed
form. Students must affix recent photograph on the filled admission form along with
copies of the statement of +2 mark sheet for verification to the office staff. Incomplete
forms will be rejected. The merit list will be displayed in the college as per University
guidelines, and all selected students should submit original documents as mentioned in
the list of documents section.
All admissions are made in the college according to the admission schedule sent by the
university. Any seat that falls vacant due to cancellation is filled on merit basis in the
next list.

4. Examination System
SCHEME OF EXAMINATION
I. The Scheme of Examination shall be divided in two parts.
a. Internal Assessment: 40% i.e. 40 marks.
b. Semester End Examination : 60% i.e. 60 marks.
A. INTERNAL ASSESSMENT - 40 MARKS
The allocation of 40 marks shall be as follows:
a. Two best of Three periodical class tests held in the given
Semester.- 20 Marks.
b. A better of the Two Assignments – with presentation in Seminar
etc. - 10 Marks.
c. Active participation in routine class instructional deliveries – 5
Marks
d. Over all conduct as a responsible students, mannerism
articulation and exhibit leadership quality in organising related
academic activities – 5 Marks
B. SEMESTER END EXAMINATION -60 MARKS
A. Duration – This examination shall be of 3 Hrs. duration,
B. Question paper pattern –
i. There shall be 14 questions.
ii. There are total 3 parts.
iii. In the Ist part there shall be 10 questions of 2 marks each.
iv. The IInd & IIIrd part there shall be 4 questions of 10
marks each.
v. All questions shall be compulsory with internal choice
within the question.
II. A student must get 40% marks in aggregate i.e. 40% marks in Internal
Assessment (i.e. 40% of 40 = 16) as well as 40% marks in Semester End
Examination (i.e. 40% of 60 = 24) separately, in order to pass the examination.

5. III. The responsibility of evaluation during the first 4 semesters will rest with the
college. The college will carry out the internal evaluation for theory papers in
Semester V, VI, while the university will conduct the semester end examination
for these two semesters. The internal evaluation marks of students appearing for
semester V and VI are sent to the University by the respective college bef0re the
commencement of the respective semester-end examination.
Last Year's Cut-Off percentage
This is the first year of the course of Bachelor of Commerce (Accounting &
Finance) at this college.

6. Additional Examinations
Eligibility to appear at the additional examination:
A student who could not appear in some or all the papers, either at the First Term
Examination or at the Second Term Examination on medical grounds or for
representing the college / University in Sports, Cultural activities, activities of NCC,
NSS, conducted by recognized bodies/competent authorities or for any other reason
which is considered valid under exceptional circumstance and to the satisfaction of the
Principal is eligible to appear for the additional examination. This examination will be
conducted within 15 days of conduct of the IInd Term Examination.

7. Brief Curriculum
BAF is a 3 years full time course. Each year is divided into 2 semesters.
First Year B.A.F. Semester I First Year B.A.F. Semester II
101: Functional Punjabi 201: Functional English
102: Foundations of
Accounting-I
202: Foundations of Accounting-
II
103: Fundamentals of Computer
Applications
203: Fundamentals of Statistics
104: Business Laws 204: Corporate Legal
Environment
105: Seminar 205: Viva-Voce
106: Workshop on
Communication Skills
206: Workshop on Soft Skills and
Personality Development

8. Passing Standards
Guidelines for passing standards for various semesters of Bachelor of
Commerce (Accounting & Finance):
1. A student must get 40% marks in aggregate i.e. 40% marks in Internal
Assessment (i.e. 40% of 40 = 16) as well as 40% marks in Semester End
Examination (i.e. 40% of 60 = 24) separately, in order to pass the examination.
No Division
Total Percentage of
Marks
Grade
I I-I 65 or above O
I-II 60 -- 64 A
II II – I 55 – 59 B
II – II 50 – 54 C
II - III 45 – 49 D
III III 40 – 44 E
IV Fail 39 or below F
2. Carry forward of internal mark: A candidate who fails in any particular
theory paper shall be allowed to reappear for that theory paper. However,
his/her internal evaluation marks shall be carried over.
3. Eligibility criterion for admission from Sem. I to Sem. II - A candidate
shall be allowed to keep terms for Semester II if he / she passes Semester I OR if
he/she fails in not more than two theory papers of Semester .
4. Eligibility criterion for admission from Sem. II to Sem. III - A
candidate shall be allowed to keep terms for Semester III if he/she passes
Semester I and Semester II OR if he/she fails in not more than two theory
papers of Semester I and Semester II taken together.
5. Eligibility criterion for admission from Sem. III to Sem. IV - A
candidate shall be allowed to keep terms for Semester IV if he / she passes in
each of Semester I, II and III OR if he/she passes Semester I and fails in not
more than two subjects papers of Semester II and Semester III taken together.

9. 6. Eligibility criterion for admission from Sem. IV to Sem. V - A
candidate shall be allowed to keep terms for Semester V if he / she passes in
each of Semester I, II as well as III and IV OR if he/she passes Semester I and
Semester II and fails in not more than two theory papers of Semester III and
Semester IV taken together.
7. Eligibility criterion for admission from Sem. V to Sem. VI - A
candidate shall be allowed to keep terms for Semester VI if he / she passes in
each of Semester I, II, III, IV and V OR if he/she passes Semester I, Semester II
and Semester III and fails in not more than two theory paper of Semester IV and
Semester V taken together.

10. Eligibility Criterion:
(a) : A candidate for being eligible for admission to the Bachelor of Commerce
(Accounting & Finance) Degree Course shall have passed XIIth Std. Examination of the
Punjab/CBSE Board of Higher Secondary Education or its equivalent examination
and secured not less than 45% marks in aggregate at first attempt (40% in case of
reserved category) .
(b) : Every candidate admitted to the degree course in the constituent /affiliated college
/ recognised institution , conducting the course, shall have to register himself/herself
with the University.
Revaluation:
Students can apply for verification of the assessed answer books within 15 days of
declaration of the results. The students must fill the relevant forms and submit the duly
filled in forms with the verification fees and a photo copy of the mark sheet to the
college office. The results of verification will be displayed on the notice board.
The details of the procedure can be obtained from the examination department of the
college.
Career prospects
After graduation there is a wide range of professional roles available, such as
controller, financial strategic manager, assistant accounting, business assistant
or organization expert.