Study Abroad Courses

BFM (Bachelor of Financial Markets) Course for International Students

8 min read
Blog Summary The Bachelor of Financial Markets (BFM) course stands as a beacon for international students aiming to dive deep into the financial sector. This detailed guide sheds light on the full form of BFM, its scope, and the essential details every prospective student needs to know. From understanding what the BFM course entails to exploring the subjects covered, duration, and the colleges that offer this prestigious programme, including options in Melbourne, we cover it all. Whether you're curious about the BFM course's global relevance or seeking practical information on starting your educational journey in financial markets, this guide is your gateway to making informed decisions about your future in finance.

BFM Full Form

Full Form of BFM is Bachelor of Financial Markets.

What is BFM Course?

Bachelor of Financial Markets course is a specialised undergraduate programme designed to equip students with a comprehensive understanding of the financial markets and the dynamics that govern them. This course delves into the intricacies of financial institutions, investment strategies, market analysis, and risk management, preparing graduates for a robust career in the fast-paced world of finance.

BFM Course Highlights

Course Name

Bachelor of Financial Markets

BFM Course Duration

3 - 4 years

BFM Course Type

Undergraduate

BFM Course Specialisations

Financial Markets, Investment Management, Risk Management, Financial Analysis, etc.

BFM Course Core Subjects

Financial Markets and Institutions, Securities Analysis, Portfolio Management, Financial Derivatives, International Finance, Financial Modeling, Risk Management, etc.

BFM Course Fees (Approx)

$650 - $3,900 

BFM Course Average Annual Salary

$3,900 - $26,000 

BFM Course Career Options

Financial Analyst, Investment Analyst, Risk Analyst, Portfolio Manager, Stockbroker, Financial Consultant, etc.

Further Studies

Master's in Finance, MBA, Chartered Financial Analyst (CFA) certification, etc.

BFM Course Syllabus

The Bachelor of Financial Markets (BFM) course offers a comprehensive curriculum designed to equip students with in-depth knowledge and skills needed in the finance and investment industry. The BFM course syllabus is meticulously structured to cover various aspects of financial markets, ensuring graduates are well-prepared for the diverse challenges and opportunities in the financial sector. Here's an overview of the core and elective subjects typically included in the BFM syllabus, reflecting the BFM course details, scope, and the breadth of subjects covered throughout the course duration.

Year

BFM Course  Syllabus

Elective Syllabus

1st

Introduction to Financial Markets, Principles of Investment, Microeconomics, Accounting Fundamentals

Business Communication, Quantitative Methods

2nd

Securities Analysis, Portfolio Management, Corporate Finance, Financial Derivatives

Behavioural Finance, Financial Technology

3rd

International Finance, Risk Management, Financial Modeling, Market Regulation

Economics, Corporate Governance

BFM Course Subjects

The BFM course curriculum is structured to cover a wide range of core and elective subjects over three years, offering both theoretical knowledge and practical skills in financial markets. Here's a breakdown of the subjects taught in the BFM course:

First Year Subjects

BFM Course Subjects

Financial Accounting

Principles of Management

Business Communication

Business Mathematics and Statistics

Principles of Microeconomics

Financial Markets and Institutions

Business Ethics and Corporate Governance

Financial Management-I

Computer Applications in Financial Markets

Second Year Subjects

BFM Course Subjects

Cost Accounting

Principles of Macroeconomics

Financial Management-II

Organisational Behaviour

Investment Analysis and Portfolio Management

Business Laws

Securities Market Operations

Marketing Management

Elective I (Choose from a list of options)

Third Year Subjects

BFM Course Subject

International Finance

Risk Management in Financial Markets

Derivatives and Financial Engineering

Strategic Management

Financial Reporting and Analysis

Financial Markets Regulation and Compliance

Elective II (Choose from a list of options)

Elective III (Choose from a list of options)

Project Work or Internship

BFM Course Admission Process

  • Must complete 10+2 or equivalent with required minimum percentage.
  • Entrance exams like JET, SET-BFM, NPAT assess financial, mathematical, and analytical skills.
  • Some institutions offer merit-based admissions based on 10+2 marks; no entrance test is needed.
  • Shortlisted candidates may have a personal interview for communication skills and suitability.
  • English proficiency needed through tests like IELTS or TOEFL for English-taught courses.
  • Admission policies include reservation quotas for SC, ST, OBC, EWS categories.
  • Check official university or college websites for admission guidelines and dates.
  • The admission process starts after 10+2 results, including several evaluation stages.

Top Universities To Study BFM Course

Studying a Bachelor of Financial Markets (BFM) can be a transformative experience, especially when pursued at a top university renowned for its academic excellence, industry connections, and cutting-edge research. Here are some of the top universities where you can study the BFM course, each offering unique advantages to its students:

Country

Universities for BFM Course

Highlights

USA

University of Pennsylvania (Wharton School)

A leader in finance education with global recognition.

USA

New York University (Stern)

Offers a strong BFM programme with access to Wall Street.

UK

London School of Economics and Political Science (LSE)

World-renowned for its research and teaching in economics and finance.

UK

University of Oxford

Prestigious institution with a strong emphasis on finance research.

Canada

University of Toronto

Known for its comprehensive finance programs.

Canada

McGill University

Offers a globally recognised finance curriculum.

Australia

University of Melbourne

Top choice for business and economics studies.

Australia

University of Sydney

Well-regarded for its finance and business courses.

Germany

University of Mannheim

Specialises in business administration and finance.

Germany

Frankfurt School of Finance & Management

Leading business school with a focus on finance and management.

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Eligibility Criteria For BFM Course

Eligibility criteria for the Bachelor of Financial Markets (BFM) programme, known for its comprehensive scope and promising career prospects, vary slightly across different universities and colleges. Here's a refined overview incorporating the requested keywords:

  • Educational Background: To pursue the BFM course, whose full form is Bachelor of Financial Markets, applicants must have completed their 10+2 or an equivalent examination from a recognised board or institution.
  • Minimum Marks: A key aspect of BFM course details is the requirement of a minimum aggregate percentage, typically between 50% to 60%, in the 10+2 exams. Some BFM course colleges also mandate specific subjects, like Mathematics, as compulsory.
  • Entrance Tests: Admission to the BFM course, which offers a deep dive into financial markets, often involves entrance exams conducted by universities and colleges. These tests are crucial for assessing candidates' eligibility.
  • Age Requirements: There's generally no strict age limit for enrollment in the BFM course, which has a duration that varies but typically spans three to four years.
  • English Proficiency: For BFM courses conducted in English, such as those potentially offered in international locations like Melbourne, proof of English language proficiency might be required.
  • Prospective students should explore BFM course fees, which can vary significantly between institutions, and the BFM course salary potential, which is attractive in the finance sector. The BFM course subjects cover a broad spectrum, preparing students for a variety of roles in financial markets.

BFM Course Entrance Exams for International Students

For international students aiming to enroll in a Bachelor of Financial Markets (BFM) or similar finance-related undergraduate programmes abroad, understanding the entrance exam requirements is essential. However, gaining admission into these programmes, especially at top BFM course colleges, involves navigating through a series of entrance exams and application processes that differ significantly from country to country and institution to institution.

  • Standardised Tests: A key component of the admissions process for BFM courses abroad includes standardised tests. The SAT (Scholastic Assessment Test) and ACT (American College Testing) are among the most common tests required by universities, reflecting the BFM course details' emphasis on analytical and quantitative skills. 
  • English Language Proficiency Tests: Given that BFM courses are often taught in English, demonstrating proficiency in the language is crucial for non-native speakers. Tests such as the TOEFL (Test of English as a Foreign Language), IELTS (International English Language Testing System), and PTE (Pearson Test of English) are standard requirements, ensuring students can effectively engage with the BFM course subjects and comprehend the course material.
  • Country-Specific Exams: Depending on the destination, international students may also need to prepare for country-specific entrance exams. These exams assess the readiness of students for the BFM course scope and its rigorous academic demands. Prospective students should research the specific BFM course details and entrance requirements of their chosen institutions, as these can vary widely.
  • Mathematics or Quantitative Skills Tests: Reflecting the quantitative nature of finance, some institutions may require tests or coursework to assess applicants' mathematical abilities. This is particularly relevant for BFM courses, where a strong foundation in mathematics is essential for understanding complex financial concepts and performing analytical tasks.
  • Advanced Placement (AP) Exams: For students who have taken AP courses in high school, good scores in subjects related to mathematics, statistics, or economics can bolster an application. These scores can demonstrate a student's ability to handle the challenging BFM course subjects and contribute to a competitive application profile.

Career Scope after BFM

The Bachelor of Financial Markets (BFM course) opens a plethora of global career opportunities for international students. With its comprehensive curriculum covering essential BFM course subjects and offering insights into the financial sector's dynamics, graduates are well-prepared to navigate the complexities of global financial markets. The BFM course full form, Bachelor of Financial Markets, signifies a specialised programme designed to equip students with a deep understanding of financial instruments, market analysis, and investment strategies. Given the BFM course scope, students from BFM course colleges worldwide, including those studying in financial hubs like Melbourne, can anticipate engaging in lucrative careers across various sectors.

Here's a table showcasing potential careers for BFM graduates along with the average salary in dollars, highlighting the BFM course salary prospects:

Career Path

BFM Course AVG. Salary (USD)

Financial Analyst

$76,606 

Investment Banker

$117,690

Portfolio Manager

$97,806

Risk Manager

$106,786

Financial Consultant

$71,965

Equity Analyst

$91,965

Market Research Analyst

$71,221

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BMS vs BFM

Criteria

BMS

BFM Course

Full Form

Bachelor of Management Studies (BMS)

Bachelor of Financial Markets (BFM)

Duration

3 Years

3 Years

Basic Eligibility

10+2 with commerce DU JAT, AIMA UGAT, and MUCMET

10+2 with commerce University-specific entrance exam

Syllabus

Principles of Investment, Micro Economics, Macro Economics, Statistical Applications, Global Capital Markets, Principles of Management, Business Economics, Human Resource Management

Financial Markets, Investment Analysis, Portfolio Management, Corporate Finance, Derivatives, Risk Management, Global Finance, Financial Reporting and Analysis

Jobs

Business Development Manager, Business Consultant, Marketing Manager, Project Manager

Investment Banker, Financial Advisor, Financial Consultant, Financial Manager, Stock Broker

Average Salary (USD)

$4,000 to $10,000

$5,000 to $7,500

Frequently Asked Questions

What is the course of BFM?

The Bachelor of Financial Management (BFM) course typically covers subjects such as financial accounting, corporate finance, investment analysis, and risk management.