CMA Course Details

About Course

Over time we have seen that people tend to confuse between various terms like CMA, ICMAI, CWA, and ICWAI. So, to end your all confusion, Institute of Cost & Works Accountants of India (ICWAI) has changed its name into The Institute of Cost Management Accountants of India (ICMAI). Also, ICWA course has been renamed as CMA course. There is no difference between ICWAI and CMA, and they are the same. They are two different words used to describe one single thing. ICWAI stands for Institute of Cost and Work Accountant of India whereas CMA stands for Cost Management Accounting. Apart from the literal meaning, there is no difference at all.

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There are 3 stages in the ICWA course

  • CMA Foundation
  • CMA Intermediate
  • CMA Final

Here in this article, we will give you complete CMA course details, like all the subjects which are part of CMA syllabus for all the levels of CMA exams (CMA Foundation, CMA  Inter, and CMA Final); the last date for CMA course, and the fee details for all the CMA courses.

If you want to become a Cost management accountant, complete these three stages of the CMA course. Students who have passed 10+2 are eligible for the CMA Foundation exam. The Institute of Cost Accountants of India conducts CMA Foundation exam two times in a year in the months of  June and December. If you have passed the CMA Foundation exam, then you are eligible for CMA Inter. If you have any graduate degree, you are exempted from ICMAI Foundation exams. You can directly enter into CMA Inter.

CMA Course Eligibility | Foundation Inter and Final | CMA 

CMA Course Eligibility | Foundation | Inter and Final | CMA 

 

Eligibility criteria for CMA Foundation
  • A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
  • Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Educatio

 

Eligibility criteria for CMA Intermediate
  • A candidate should have passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India.
  • Graduation in any discipline other than Fine Arts.
  • Foundation (Entry Level) Part I Examination of CAT of the Institute.
  • Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
  • Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2

 

 

Eligibility criteria for CMA Final
  • A candidate should have passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India.
  • Graduation in any discipline other than Fine Arts.
  • Foundation (Entry Level) Part I Examination of CAT of the Institute.
  • Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
  • Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2

 

 

CMA Course Subjects | Foundation Inter and Final | ICMAI 2019

In total 20 papers are in CMA Foundation, Inter, and Final exam.

 

CMA Foundation 

  • Paper 1: Fundamentals of Economics and Management
  • Paper 2: Fundamentals of Accounting
  • Paper 3: Fundamentals of Laws and Ethics
  • Paper 4: Fundamentals of Business Mathematics & Statistic .

 

 

 

CMA Inter

Paper 5 Financial Accounting
Paper 6 Laws, Ethics and Governance
Paper 7 Direct Taxation
Paper 8 Cost accounting and financial management
Paper 9 Operation Management Information System
Paper 10 Cost and Management Accounting

Paper 11 Indirect Taxation
Paper 12 Company Accounts & Audit.

 

Eligibility criteria for CMA Final

Paper 13- Corporate Laws and Compliance
Paper 14- Advanced Financial Management
Paper 15- Business Strategy & Strategic Cost Management
Paper 16- Tax Management and Practice
Paper 17- Strategic Performance Management
Paper 18- Corporate Financial Reporting
Paper 19- Cost and Management Audit
Paper 20- Financial Analysis & Business Valuation

 

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