The entire field of commerce is so vast that navigating it feels like swimming in the midst of the ocean trying to find the shore. If you’re someone who has a knack in the field of finance and wants to specialise only in it, while keeping the rest at a secondary position, then a recent course that is gaining a lot of popularity will definitely delight you!

Bachelors in Financial Investment and Analysis or popularly just called the BFIA is one course that has taken the educational maret by force, making several students consider this as a very good option and a good alternative to BBA, BMS and Bachelors in Commerce. This course is specifically designed in a manner to cater to the needs of those students who want to enrich their knowledge in the field of finance specifically pertaining to the Indian markets right from the undergraduation instead of waiting for pursuing a postgraduate degree like CFA to dive deeper into the field of their choice.

This course deals mainly with financial concepts, financial products, financial transactions, and the whole of the finance sector. It traces through all the fundamentals of financial products to build a rock solid foundation in the students right from the start by means of industrial visits, interactions, projects, and job orientation programmes. Alongside, it also explores the different impacts on these financial products and models due to the changes occurring in the global economics at large.

While students undergo this course, it will provide several theoretical concepts while also providing technical knowledge regarding operations in financial institutions in the country including both the banking and non-banking institutions - all of which operate in Capital Markets, Mutual Funds, Insurance Companies, and Forex Markets. So by the end of three years, the students of BFIA will have a sound knowledge about finance and money, investments, economics, and all of them will learn how to hone up their interpersonal and communication skills for development of their personality.

One of the reasons for BFIA gaining so much popularity is because of the scope the Indian job environment offers for students right after this course. Not only does it build the foundation to do any kind of professional course like CFA or CA but also allows students to directly enter into the job industry right after their undergraduate, with a handsome payscale. Hence, it is the scope of this course that is giving this course such a big boost making BFIA so popular.

  • The Indian economy has been booming since the last decade and the economic development of the country has led to several of the global financial high end companies and big corporations to start off their ventures and operations in India. This trend has given a major boost aiding exponential growth and expansion of the financial sector and the banking sector while also causing an expansion and increase in the number of financial outfits across the board like brokerage houses, multinational banks, fund houses, investment banking entities, financial research hubs, and financial hubs cum organisations. This has created a huge demand for all the students and candidates who have specialisation in the field of finance and have a sound knowledge about all the financial products around the country. This automatically makes BFIA a course that is wonderful as it focuses mainly on the financial aspect of commerce rather than intertwining business, management and finance together.
  • Even in the private domain, there are several multinational companies, brokerage houses, investment banking corporations, financial research centers, and private equity funds that are always on the lookout for candidates who are qualified and have specialisation only in the finance sector. Those students who pursue BFIA are automatically preferred over the others because their foundation is laid on finance right from the start of their graduation. Hence, students who are stronger with more sound knowledge about the current situations existing are bound to have more experience than the rest of the applicants.
  • Several public sector organisations related to finance also look for candidates with qualifications similar to those of candidates from the BFIA background. The job security is more in the public sector, ensuring that the students who choose to enter the domain of public sector do not have to think about being kicked out. So the students who are specialised in the field of finance due to the BFIA course and also want to ensure that they have a stable job along with opportunities of pension, the public sector will reward them handsomely. The demand for students in finance is no less in the public sector than it is in the private sector.
  • Even the non-financial organisations need to have a team working to look into the financials of the company. Every company that intends to enlarge itself and make their business boom, has to keep account of their financials while knowing the financial scenario of the country and how to upscale in such conditions. Hence, there are ample job openings in all the companies to build an in-house financial team that will specifically take care of the financial aspect of the company. As BFIA has been separate from Management (BMS), companies will want to get hold of students from BFIA for the financial aspects while taking students from BMS if they have management requirements. This would also mean that the same student will not be required to do both the tasks or have skills of both extensively and they can focus on their particular specialisations.
  • Even the private organisations also go out for recruitment to different campuses for graduate level students in this course. All the evaluations are done on the basis of the student's general knowledge in the field of finance, and a personal interview. So students need not worry about getting a job after pursuing BFIA. There will be so many opportunities in front of them, they'll just require to grab one and make the most out of it.

Apart from that, students can also go for additional professional courses like CA and CFA and increase their value in the market. They can also decide to do MBA and work in the finance section after pursuing MBA. Students from BFIA usually excel after doing MBA, as their knowledge in Finance reaches its peak.

Although both the programs have their own benefits and essence, there are some differences present in them. Both the courses are going to be good if the students make the most out of it.

BFIA is a rigorous and extensive course in the field of Finance and is for students who are in love with Finance alone. It caters to a crowd of students who are not only competitive but also focused on what they want to do in life. Students who are completely sure that they will only be working in the field of finance and not detering from it, are the ideal candidates for BFIA. BFIA also requires candidates to have strong mathematical skills and to be in love with numbers which is not necessary in case of BMS.

BMS teaches students concepts of finance, marketing and management. This means that the course lays the basics of all the concepts and implies that the student ought to do higher studies in a specific aspect to do their specialisation.

The reason why BFIA is becoming so popular over BMS is because it is for those who are sure while BMS caters to the crowd who haven't taken a call about their future and want to go through a course to see which aspect they'll develop an affinity towards. But for BFIA, the students are sure and hence the course is structured in a way that it does not just touch upon the basics. It is rigorous and extensively works at creating a rock solid foundation for the students in concepts of finance. They go much beyond the basics, divulging into deeper analysis of Financial Markets and Financial Management. So it is more beneficial for students.

This means that students who want to directly land up into a job after their graduation will be doing so after having an extensive knowledge about their field, while those who would move ahead to do CFA or MBA or CA will also be well equipped to handle the field of their choice and be strong-headed that they are going to excel in their field bypassing other candidates.

Ensure that you choose a course depending upon your interest. BMS can hone up your management skills while BFIA is more focused on creating students who have a knack for the financial world. So, despite the courses being similar - choose. BFIA only if the financial world interests you like nothing else.

Despite the increased scope that the Indian market provides for the BFIA students, the primary reason is the growing awareness in the young adults of the country. Not only are these students self-driven but they are motivated towards making a bright future for themselves in the field of finance by hook or by crook. Hence, it is the want to dig deeper into this field, and accelerate the process of bringing the field of finance into limelight that causes the students to take up BFIA. The course structure is designed in a manner that it attracts several students to be a part of this field.

With growing knowledge of the stock market, and several of the young adults advocating the practise of investing right from their 20s, teaching the world the process of compounding - the need to give importance to personal finance is also gaining a lot of prominence. All such awareness has kindled a keen interest to know better and more about finances which is compelling several students to take up BFIA courses. It is BFIA students who can give a sound knowledge to everyone regarding the financial status of the country, the global trends, and the way to give the finance side of the country a push.

Due to all the reasons amalgamating together, the course has gained a lot of prominence and a lot of popularity as well. BFIA is one of the best courses that students can enroll in if they want to widen their knowledge about the world of finances and make a career in the field of finance.