Bachelor of Financial Markets Admissions 2024

  • SaveSave
  • Request a callbackRequest a callback
  • AskAsk us
author
Jan 10, 2024 20:00PM IST

BFM Admission Overview

BFM, or Bachelor of Financial Markets, is a specialised undergraduate program in India that focuses on the intricacies of financial markets, investment strategies, and risk management. Offered by various universities and colleges, this course typically spans three years and is designed to equip students with comprehensive knowledge of the financial world.

Students pursuing BFM are exposed to a curriculum covering subjects like financial analysis, portfolio management, derivatives, and banking. They also gain insights into market operations, financial instruments, and economic policies. Practical exposure is often encouraged through internships and projects, enhancing students' readiness for careers in finance, banking, and investment.

Admission to BFM programs in India generally involves meeting specific eligibility criteria, including obtaining a minimum percentage of 50% - 60% in the 10+2 board exams. Many institutions also conduct entrance tests or merit-based admissions. Due to the increasing demand for financial experts in India's rapidly growing economy, BFM programs are gaining popularity and proving to be a promising path for aspiring finance professionals.

Show Less

BFM Admission Highlights

Here are the highlights of crucial aspects for BFM admissions in India presented in a table:

Particulars

Description

Eligibility CriteriaTypically requires 10+2 with a minimum percentage, often varying between 45% to 60%, depending on the institution.
Entrance ExamsSome institutions may conduct their own entrance exams, while others admit students based on merit. Common entrance exams include CET, CUET, etc.
Application ProcessCandidates need to fill out application forms online or offline, along with submission of required documents such as academic transcripts and identification proofs.
Selection ProcedureAdmissions may be based on entrance exam scores, academic performance, or a combination of both.
Course DurationBFM programs are typically three years long.
SpecialisationsSome universities offer specialisations within the BFM program, such as Banking, Investment, Risk Management, or Financial Analysis.
InternshipsMany BFM programs emphasise practical exposure, including mandatory internships, to provide real-world experience.
Admission FeesTuition fees can vary significantly among institutions, and there may be scholarships or fee concessions available. Typically ranges from Rs. 70,000 to Rs. 2,50,000.
Affiliated UniversitiesBFM programs are offered by several universities and colleges across India, each with its unique curriculum and faculty.
Career ProspectsBFM graduates are prepared for careers in finance, banking, investment, and related fields, with good job opportunities in the financial sector.

These highlights provide an overview of the essential aspects of BFM admission in India. It's important for candidates to research and verify specific admission requirements for the institutions they are interested in.

Show Less

BFM Eligibility Criteria

The eligibility criteria for a Bachelor of Financial Markets (BFM) program in India typically include the following:

Academic Qualifications: Candidates should have completed the 10+2 or equivalent examination from a recognized board or institution.

Minimum Percentage: Most institutions require candidates to have a minimum percentage in their 10+2 examinations. This percentage may vary from one university or college to another but is often in the range of 45% to 60%.

Subject Requirements: Some institutions may specify certain subjects or streams (e.g., Science, Commerce, or Arts) at the 10+2 level that applicants should have studied.

Entrance Exams: Certain universities conduct their entrance exams for BFM admissions. Candidates may need to appear for these exams and achieve a minimum qualifying score.

Merit-Based Admissions: In addition to entrance exams, some universities admit students based on their academic merit in the 10+2 examinations.

Reservations: Institutions may have reservation quotas for specific categories, such as Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), and economically weaker sections (EWS). Candidates who fall into these groups might qualify under relaxed eligibility requirements.

It's important to note that eligibility criteria can vary from one institution to another. Therefore, aspiring BFM students should carefully check the specific requirements of the university or college they are interested in to ensure they meet the admission criteria.

Show Less

BFM Course Fees

The course fees for a Bachelor of Financial Markets (BFM) program in India can vary significantly depending on the institution, its location, and whether it is a government-funded or private university or college. As of my last knowledge update in January 2029, here's a general range of what you might expect in terms of BFM course fees:

Government or Public Universities: BFM programs in government or public universities tend to have lower tuition fees, making them more affordable for students. The annual fees in such institutions could range from approximately Rs. 10,000 to Rs. 70,000 or even less in some cases.

Private Colleges and Deemed Universities: Private colleges and universities typically have higher tuition fees. The annual fees for BFM programs in private institutions could range from Rs. 50,000 to Rs. 2,00,000 or more.

Scholarships and Financial Aid: Many universities and colleges offer scholarships and financial aid to eligible students based on their academic performance or financial need. These can aid in bringing down the overall price of their education.

Additional Costs: In addition to tuition fees, students should budget for other expenses, including accommodation, textbooks, study materials, and living expenses.

Note that these are approximations and may vary over time. It's essential to check with the specific institution you are interested in for the most up-to-date information on BFM course fees and any available scholarships or financial assistance programs.

Show Less

BFM Course Specialisations

Bachelor of Financial Markets (BFM) programs in India may offer various specialisations or elective courses to allow students to tailor their education to their specific interests and career goals. Some common specialisations or elective courses within BFM programs include:

Banking and Financial Services: Focuses on banking operations, financial services, and regulatory aspects of the banking sector. Students learn about retail banking, investment banking, and financial institutions.

Investment Management: This specialisation delves into investment strategies, portfolio management, and risk assessment. Students study techniques for managing investment portfolios, analysing financial markets, and making investment decisions.

Risk Management: In this specialisation, students learn to identify, assess, and mitigate various types of financial risks, such as market risk, credit risk, and operational risk. It's crucial for careers in risk management and insurance.

Financial Analysis: This specialisation emphasises financial statement analysis, valuation, and financial modelling. Students gain expertise in evaluating the financial health and performance of companies.

Commodity Markets: Focuses on commodities trading and risk management in the commodities market. Students learn about commodity derivatives, price forecasting, and supply chain management.

Derivatives and Options: Concentrates on derivatives trading, including futures and options. Students gain insight into derivative pricing, trading strategies, and hedging techniques.

Financial Planning: This specialisation is oriented toward financial planning and wealth management. Students learn about personal financial planning, investment planning, and retirement planning.

Quantitative Finance: Involves the application of mathematical and statistical techniques to financial markets. Students study quantitative models, financial mathematics, and algorithmic trading.

Economics and Policy Analysis: This specialisation focuses on understanding economic policies, financial regulations, and their impact on financial markets. Students explore economic theories and public policy implications.

These specialisations allow students to develop expertise in specific areas of finance and financial markets, preparing them for specialised careers within the financial sector. The availability of these specialisations can vary by institution, so it's important for students to check with their chosen university or college for information on the specific specialisations offered in their BFM program.

Show Less

BFM Entrance Exams

Admission to Bachelor of Financial Markets (BFM) programs in India may involve various entrance exams conducted by different universities and colleges. The specific entrance exams and their patterns can vary from one institution to another. Here are some common BFM entrance exams:

CUET UG: Candidates will find the Common University Entrance Test (CUET) 2024 to be a widely accepted examination for undergraduate admissions across 45+ central universities and a total of 250+ universities nationwide. The National Testing Agency (NTA) is entrusted with the task of conducting CUET 2024, employing a computer-based format with multiple-choice questions.

The CUET 2024 examination dates have already been confirmed, with the test scheduled to take place from May 15 to May 31. Expect the registration and application forms for CUET 2024 to be made available in either the first or second week of February 2024. It's advisable for students to stay updated on NTA announcements regarding CUET 2024 and complete the CUET application promptly once it is released.

IPU CET (Indraprastha University Common Entrance Test): Guru Gobind Singh Indraprastha University (IPU) conducts the IPU CET for admission to BFM programs. The test evaluates candidates' knowledge in areas such as English language and comprehension, general knowledge, and logical and analytical ability.

Symbiosis Entrance Test (SET): Symbiosis International (Deemed University) conducts the SET for admission to various undergraduate courses, including BFM, at Symbiosis Centre for Management Studies (SCMS), Pune.

Christ University Entrance Test: Christ University in Bangalore conducts an entrance test for BFM admissions. It typically includes sections on English language, general knowledge, and quantitative aptitude.

Other University-Specific Exams: Many universities and colleges have their own entrance tests for BFM admissions, so it's important to check the admission requirements of the specific institution you're interested in.

Please note that the availability and format of these entrance exams may change, and institutions may update their admission procedures over time. It's advisable for aspiring BFM students to verify the current admission requirements and exam details with the respective universities or colleges they are applying to.

BFM Entrance Exams Schedule 

The schedule for top BFM entrance exams in India are as follows:

Entrance ExamExam Date
CUET UG 2024May 15, 2024 to May 31, 2024
IPU CET 2024May - June 2024 (tentative)
SET (Symbiosis Entrance Test) 2024May 2024 (tentative)
Christ University Entrance Test 2024July 2024 (tentative)

BFM Entrance Exams Syllabus

The syllabus for Bachelor of Financial Markets (BFM) entrance exams in India can vary depending on the university or college conducting the examination. However, there are common subjects and topics often covered in BFM entrance exams. Here's a general overview of the syllabus for BFM entrance exams:

Quantitative Aptitude: This section typically assesses a candidate's mathematical and numerical ability. It may include topics like algebra, arithmetic, geometry, percentages, ratios, and proportion.

Logical Reasoning: This section evaluates a candidate's ability to think logically and solve problems. It may include questions on patterns, puzzles, and analytical reasoning.

English Language and Comprehension: Candidates are tested on their English language skills, including grammar, vocabulary, comprehension, and language usage.

General Knowledge and Current Affairs: This section assesses a candidate's awareness of current events, national and international affairs, and general knowledge topics.

Financial Awareness: Questions related to financial markets, terminology, and basic concepts in finance may be included to evaluate a candidate's understanding of the field.

Economics: Some entrance exams may include questions on basic economics principles, microeconomics, macroeconomics, and economic policies.

Data Interpretation: This section assesses a candidate's ability to analyse and interpret data presented in various forms, such as tables, graphs, and charts.

Business and Financial Awareness: Candidates might be quizzed on basic business concepts, financial institutions, and financial instruments.

Reading Comprehension: This section evaluates a candidate's ability to understand and answer questions based on passages provided.

Mathematical and Analytical Skills: Some exams may include questions that test candidates' problem-solving and analytical abilities.

It's essential for candidates to check the specific syllabus provided by the institution conducting the BFM entrance exam they plan to take, as there may be variations in the topics covered. Additionally, candidates should consider using relevant study materials and practice papers to prepare effectively for their chosen BFM entrance exam.

BFM Entrance Exam Quick Preparation Tips

Here are some unique preparation tips for BFM (Bachelor of Financial Markets) entrance exams that can help you excel in the test:

Understand the Financial World: BFM exams often focus on financial markets and concepts. Familiarise yourself with key financial terms, market operations, and the latest developments in the financial sector. This understanding can set you apart.

Practice Data Interpretation: Develop strong data interpretation skills. Financial data is often presented in charts and graphs. Practice analysing financial data to make informed decisions quickly.

Read Financial News: Regularly read financial newspapers, magazines, and websites to stay updated on financial news and market trends. This can help you answer questions related to current affairs in the financial world.

Solve Mock Tests: Take practice tests and solve previous years' question papers. This not only helps you become familiar with the exam pattern but also improves your time management and problem-solving skills.

Brush Up on Maths Skills: BFM exams may include quantitative aptitude sections. Ensure your maths skills are sharp, particularly in areas like percentages, ratios, and data analysis.

Improve Logical Reasoning: Logical reasoning is crucial. Practice solving puzzles and logic-based problems to enhance your logical thinking and problem-solving abilities.

Focus on Time Management: Time management is key during the exam. Practice solving questions under time constraints to ensure you can complete the paper within the allotted time.

Master English Language Skills: Strong English language skills are vital, as there is often a section on English language and comprehension. Read extensively, work on your vocabulary, and practice grammar and comprehension exercises.

Create Short Notes: Summarise key concepts, formulas, and definitions in concise notes. These notes can serve as a quick reference before the exam and help you revise efficiently.

Stay Calm and Confident: On test day, maintain composure and confidence. Anxiety can affect your performance. Practice relaxation techniques to keep your nerves in check.

Join a Coaching Class: Consider enrolling in a coaching class if available. Experienced instructors can provide valuable insights, study materials, and practice tests tailored to the specific BFM entrance exam.

Regular Revision: Consistent revision is crucial. Schedule regular revision sessions to reinforce what you've learned and identify areas where you need improvement.

Remember that success in BFM entrance exams requires a combination of knowledge, critical thinking, and effective time management. Tailor your preparation strategy to your strengths and weaknesses, and don't forget to maintain a positive and determined mindset throughout your preparation.

Show Less

BFM Selection Process

The selection process for Bachelor of Financial Markets (BFM) programs in India typically involves several steps, including the following:

Eligibility Criteria Check: Candidates must first meet the eligibility criteria specified by the university or college offering the BFM program. This often includes having completed the 10+2 or equivalent examination with the required minimum percentage.

Entrance Exam: Many institutions conduct entrance exams for BFM admissions. It is necessary for candidates to sign up for and take these tests. The results of the entrance exam have a big impact on the hiring decision.

Merit-Based Admissions: Some universities also offer merit-based admissions, where candidates are selected based on their performance in the 10+2 examinations without requiring them to take a separate entrance exam.

Counselling or Interview: Depending on the university, shortlisted candidates may be called for counselling or interviews. This step allows the institution to interact with the candidates, assess their suitability for the program, and clarify any doubts.

Final Selection: The final selection is based on a combination of factors, which may include entrance exam scores, 10+2 exam performance, interview performance, and any other criteria set by the institution. The specific weightage assigned to each factor varies by institution.

Seat Allotment: Once the selection process is complete, candidates are allocated seats in the BFM program based on their merit and availability of seats.

Offer Letter: Selected candidates receive an offer letter from the university, which provides details about the program, fees, and other relevant information.

Acceptance and Admission: Candidates who receive an offer letter must confirm their acceptance and complete the admission process as per the university's guidelines. This usually involves submitting required documents and paying the admission fee.

It's important to note that the selection process can vary from one university or college to another, and some institutions may also have their specific criteria or additional steps. Aspiring BFM students should carefully review the admission guidelines of the institution they are interested in to ensure they meet all requirements and deadlines.

Show Less

How to Apply for a BFM Course?

To apply for a BFM (Bachelor of Financial Markets) course in India, follow these general application steps:

Check Eligibility: Ensure you meet the eligibility criteria, including the minimum percentage required in your 10+2 or equivalent examination.

Research Institutions: Identify the universities or colleges offering BFM programs and choose the ones that align with your preferences and goals.

Visit University Websites: Visit the official websites of the selected institutions to access detailed admission information, including application forms, important dates, and admission requirements.

Register Online: Most institutions offer an online application process. Register on the university's admission portal, providing your personal and academic details.

Fill Application Form: Provide accurate information when filling out the application. This typically includes details such as your name, address, educational background, and choice of specialisation (if applicable).

Upload Documents: Scan and upload the required documents, which may include your 10+2 mark sheets, certificates, identification proofs, and a passport-sized photograph. Ensure that your documents meet the specified file format and size requirements.

Application Fee: Pay the online application fee in accordance with the university's guidelines. As evidence, hold onto the transaction ID or payment receipt.

Submit Application: Upload the application online once the form has been filled out and the money has been made. Verify that you receive a confirmation of submission.

Download Admit Card: If the university conducts an entrance exam, download the admit card when it becomes available. The admit card usually contains exam details and venue information.

Appear for Entrance Exam/Interview (if applicable): Attend the entrance exam or interview on the scheduled date and time.

Show Less

Documents Required for BFM Course Admissions

When applying for admission to a Bachelor of Financial Markets (BFM) course in India, you will typically be required to submit a set of documents to support your application. The specific document requirements may vary slightly between institutions, but the following is a list of common documents often needed for BFM course admissions:

10th and 12th Mark Sheets: Photocopies of your 10th (SSC or equivalent) and 12th (HSC or equivalent) mark sheets, showing your academic performance.

10th and 12th Pass Certificates: Photocopies of your 10th and 12th pass certificates, confirming that you have successfully completed these examinations.

Transfer Certificate: A transfer certificate from your last attended school or college, indicating that you have left that institution.

Character Certificate: A character certificate, often issued by your school or college, which vouches for your character and conduct.

Migration Certificate (if applicable): If you are transferring from one university to another, you may be required to submit a migration certificate.

Caste Certificate (if applicable): For candidates belonging to reserved categories (e.g., SC, ST, OBC), you may need to provide a caste certificate as proof.

Income Certificate (if applicable): If you are applying for scholarships or fee concessions based on your family's income, an income certificate may be required.

Passport-Size Photographs: Recent passport-sized photographs, as per the institution's specifications.

Admit Card and Score Card: If you have appeared for an entrance exam, provide photocopies of your admit card and scorecard.

Photo ID Proof: A copy of your photo identification proof, such as Aadhar card, passport, or driver's licence.

Domicile Certificate: Some institutions may require proof of your domicile, which establishes your residency in a particular state or region.

Any Other Specific Documents: Certain institutions may have unique requirements, such as a portfolio (if applying for a specialised course) or specific forms provided by the university.

It's essential to review the admission guidelines of the university or college you are applying to, as document requirements can vary. Always ensure that you provide authentic and duly attested copies of the required documents within the specified deadlines to facilitate a smooth admission process.

Show Less

FAQs about Bachelor of Financial Markets Admission Process

What is the total time offered to complete a BFM Course?

A Bachelor of Financial Markets (BFM) course in India typically spans three years, offering a total duration of six semesters. Students have three years to complete the program, which includes both classroom instruction and practical exposure to various aspects of financial markets.

Can I get admission in a BFM course after 12th?

Yes, you can get admission in a BFM (Bachelor of Financial Markets) course after completing your 12th standard. BFM programs are typically undergraduate courses, and eligibility is often based on your 12th-grade exam results and meeting the institution's admission criteria.

Why is BFM good to pursue?

Pursuing a Bachelor of Financial Markets (BFM) is advantageous as it equips students with in-depth knowledge of financial markets, investment strategies, and risk management. This specialised program offers a strong foundation for careers in finance, banking, and investment, making it a valuable choice for those aspiring to excel in the financial sector.

What is the highest salary for BFM graduates?

The highest salary for Bachelor of Financial Markets (BFM) graduates in India can vary based on factors like the university, specialisation, and the employing organization. However, it is not uncommon for BFM graduates to secure initial salaries ranging from Rs 5,00,000 to 12,00,000 per annum, with the potential for significant growth in subsequent years.

Can I do BFM without any entrance exam?

Yes, you can pursue a Bachelor of Financial Markets (BFM) program without an entrance exam at some universities or colleges. Many institutions offer admissions based on merit, primarily relying on your 10+2 examination scores and eligibility criteria, rather than requiring a separate entrance test.

What is the minimum percentage of marks required for BFM admission?

The minimum percentage of marks required for BFM (Bachelor of Financial Markets) admission in India typically falls in the range of 45% to 60% in the 10+2 or equivalent examination. However, specific eligibility criteria may vary among institutions, and some may have slightly different minimum percentage requirements.

Can I apply for BFM programs in multiple universities simultaneously?

Yes, in most cases, you can apply for BFM programs in multiple universities simultaneously. However, be sure to check the specific admission guidelines and policies of each university, as some may have restrictions or require you to prioritise your choices during the admission process.

What can I do to improve my chances of BFM admission if my undergraduate grades are low?

To improve your chances of BFM admission with low undergraduate grades, focus on these steps:

Score well on entrance exams, showcasing your aptitude and knowledge.
Highlight relevant skills and experiences on your application.
Write a compelling statement of purpose explaining your commitment and passion for BFM.
Consider pursuing additional certifications or relevant coursework to strengthen your academic profile.

Are there age restrictions for BFM admission?

No, there are typically no specific age restrictions for admission to Bachelor of Financial Markets (BFM) courses in India. Admission is primarily based on meeting academic eligibility criteria, and age is generally not a determining factor in the admission process.

Can I do BFM through distance mode?

BFM (Bachelor of Financial Markets) programs are typically offered as full-time, on-campus courses in India. There may be limited options for distance or online versions, but availability can vary. It's advisable to check with specific universities or institutions for the most current information on distance learning options for BFM programs.

Show Less

BFM Colleges in States

BFM Colleges in Cities

BFM Colleges by College Type