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Top 10 BAF Government Colleges in Maharashtra – 2026 List

Top 10 BAF Government Colleges in Maharashtra

Bachelor of Accounting and Finance (BAF) is one of the most career-oriented undergraduate programs for commerce students. Maharashtra has several government and government-aided colleges that offer BAF with low fees, strong academics, and high credibility.

This blog covers the Top 10 BAF Government Colleges in Maharashtra (2026) with complete details on rankings, fees, admissions, eligibility, and career scope.

Why Choose BAF from Government Colleges?

Choosing BAF Government Colleges in Maharashtra gives students:

  • Affordable education with very low fees

  • Degrees from recognized public universities

  • Strong academic focus on accounting, finance, taxation, and auditing

  • Ideal foundation for CA, CMA, CFA, MBA, and finance careers

Government colleges offer excellent return on investment (ROI) and long-term academic value.



Top 10 BAF Government Colleges in Maharashtra – 2026 

Below is a curated list of top government / government-aided colleges offering BAF or equivalent programs.

1. Elphinstone College, Mumbai

One of the oldest government colleges with strong commerce faculty and reputation.

2. Sydenham College of Commerce & Economics, Mumbai

Highly reputed government commerce college with excellent alumni support.

3. HR College of Commerce & Economics (Govt-Aided), Mumbai

Top choice for BAF aspirants with strong placements and academic record.

4. KJ Somaiya College of Arts & Commerce (Govt-Aided), Mumbai

5. Jai Hind College (Govt-Aided), Mumbai

6. R A Podar College of Commerce & Economics, Mumbai

7. BM Ruia College (Women), Mumbai

8. Nagindas Khandwala College (Govt-Aided), Mumbai

9. Mithibai College (Govt-Aided), Mumbai

10. SPPU-Affiliated Government Colleges (Pune Region)


Note: Many government colleges offering BAF are government-aided institutions affiliated with public universities, which makes them highly affordable and widely accepted.

Fees Structure

College Type

Annual Fees (Approx)

Government Colleges

₹8,000 – ₹18,000

Govt-Aided Colleges

₹15,000 – ₹30,000

Fees may vary slightly depending on university and category.

Admission Process 2026 – BAF Government Colleges

Eligibility Criteria

  • Passed 12th (Commerce stream preferred)

  • Minimum 45%–60% marks (college-wise)

  • Mathematics / Accounts preferred

Admission Process

  1. Online application through college or university portal

  2. Merit list based on Class 12 marks

  3. Document verification

  4. Fee payment and seat confirmation



Most BAF Government Colleges in Maharashtra follow strict merit-based admissions.

Cutoff Trends (Expected) – 2026

  • Top Mumbai colleges: 90%+

  • Mid-level colleges: 80%–89%

  • Pune & regional colleges: 70%–85%

Cutoffs depend on board results, category, and seat availability.

Career Scope After BAF

BAF graduates can work as:

  • Accounts Executive

  • Audit Assistant

  • Tax Consultant

  • Financial Analyst

  • Banking & Finance Officer

Average Salary: ₹3 – ₹8 LPA (Higher with CA / CMA / MBA / CFA)




Most Important Focus Point for Students

Students choosing BAF should focus on college reputation, faculty quality, merit cutoffs, and long-term career plans. Government and government-aided colleges offer excellent academic depth at low cost, but students must be ready for high competition and strict merit selection. Early preparation and strong Class 12 performance are key to securing admission.

FAQs – BAF Government Colleges in Maharashtra

Q1. Is BAF better than BCom?

BAF is more specialized in accounting and finance, making it ideal for professional courses.

Q2. Do government colleges offer placements?

Yes, top colleges provide internships and placement assistance.

Q3. Is BAF valid for CA and MBA?

Yes, BAF is fully valid and highly recommended.

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