It’s easy to get thrown off by the apparent demoniac nature of the “Baphomet” symbolism.. [hence I have chosen a cute cuddly Baphomet :D] but really it has a deep meaning Esoterically.. Eliphas Levi has this to say on the symbolism:
“The goat on the frontispiece carries the sign of the pentagram on the forehead, with one point at the top, a symbol of light, his two hands forming the sign of hermetism, the one pointing up to the white moon of Chesed, the other pointing down to the black one of Geburah. This sign expresses the perfect harmony of mercy with justice. His one arm is female, the other male like the ones of the androgyn of Khunrath, the attributes of which we had to unite with those of our goat because he is one and the same symbol. The flame of intelligence shining between his horns is the magic light of the universal balance, the image of the soul elevated above matter, as the flame, whilst being tied to matter, shines above it. The beast’s head expresses the horror of the sinner, whose materially acting, solely responsible part has to bear the punishment exclusively; because the soul is insensitive according to its nature and can only suffer when it materializes. The rod standing instead of genitals symbolizes eternal life, the body covered with scales the water, the semi-circle above it the atmosphere, the feathers following above the volatile. Humanity is represented by the two breasts and the androgyn arms of this sphinx of the occult sciences.”
So all together as Elpihas Levi says beautifully, it is a symbol of an Enlightened Man (or woman, it doesn’t matter, the symbol itself shows that an Enlightened Being is beyond male/female and is androgynous) on the Earth, causing his Spirit to come into perfect harmony with his matter, and by the blending of the two poles produce a Light blazing forth in his Causal Body connected at the Third Eye. Mind is a result of 5 rays symbolized by the pentagram which are the synthesized quality of 5 Planetary Logoi which form the body of Brahma the Logos of our System.