CMA - INDIA
The Institute of Cost Accountants of India
(Statutory Body under an Act of Parliament)
3 to 4 years
Three-levels of Exams
(20 Papers)
Score 50% or more on aggregate per module
Objective and Subjective type exams
Modes of training
Online - live training on our LMS platform
(or)
Classroom training at Pune, Lohegaon
Overview of the Course
CMA-India (erstwhile ICWA) stands for Cost and Management Accounting. This course provides you an in-depth knowledge to manage a business within the available resources. As a cost accountant, you have to collect and analyze the financial information from all the areas of a company. After clearing all levels of CMA, one can practice as a Cost Accountant by applying to the institute (ICMAI) for a certificate of practice.
Foundation Course
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Paper 1: Fundamentals Of Economics And Management (FEM)
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Paper 2: Fundamentals Of Accounting (FOA)
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Paper 3: Fundamentals Of Laws And Ethics (FLE)
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Paper 4: Fundamentals Of Business Mathematics And Statistics (FBMS)
Intermediate Course
Group 1
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Paper 5 : Financial Accounting (FAC)
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Paper 6 : Laws & Ethics (LNE)
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Paper 7 : Direct Taxation (DTX)
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Paper 8 : Cost Accounting (CA)
Group 2
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Paper 9 : Operations Management & Strategic Management(OMSM)
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Paper 10 : Cost & Management Accounting and Financial Management (CMAFM)
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Paper 11 : Indirect Taxation (ITX)
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Paper 12 : Company Accounts and Audit (CAA)
Final Course
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Paper 13 : Corporate Laws & Compliance (CLC)
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Paper 14: Strategic Financial Management (SFM)
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Paper 15 : Strategic Cost Management – Decision Making (SCMD)
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Paper 16 : Direct Tax Laws and International Taxation (DIT)
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Paper 17 : Corporate Financial Reporting (CFR)
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Paper 18 : Indirect Tax Laws and Practice (ITP)
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Paper 19 : Cost and Management Audit (CMAD)
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Paper 20 : Strategic Performance Management and Business Valuation (SPBV)
Key Roles for a CMA :
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Analyst
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Financial Consultant
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Financial Controller
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Cost Accountant
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Cost Controller
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Chief Internal Auditor
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Chief Auditor
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Chief Accountant
Key subjects :
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Cost and Management Accounting
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Direct & Indirect Taxation
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Advanced Financial Management
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Financial Analysis & Business Valuation
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Operations Management
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Business Strategy
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Strategic Cost Management
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Cost and Management Audit
FAQs :
Q: Who should take up CMA-India?
Students who are interested in pursuing a career in costing,
Exam window :
June and December every year
Exam centre :
CMA-India exams are conducted across India and few other countries. To check your nearest exam centre -
click here
Salary Range
Generally, fresh CMAs without any work experience can expect a starting salary between ₹ 3 to 4 lacs per annum. The salaries, however, would largely depend upon work profile, sector, skills and experience of the candidate.
Some of the recent placements (September 2019) :
Biggest Employers of ICMAI in India
Cost Accountant Salaries
*Note : Above mentioned salaries are median salaries and may vary depending on individual's experience, skills and job location.
Select your plan
Foundation
What you'll get?
- Quizzes & podcasts
- Video tutorials for key topics
- Training by industry experts
- Mock tests
- Dedicated WhatsApp group for discussion
- 24*7 online access to learning material
- 150+ hours of interactive classroom/online training
Intermediate
What you'll get?
- Quizzes & podcasts
- Video tutorials for key topics
- Training by industry experts
- Mock tests
- Dedicated WhatsApp group for discussion
- 24*7 online access to learning material
- 300+ hours of interactive classroom/online training
Final
What you'll get?
- Quizzes & podcasts
- Video tutorials for key topics
- Training by industry experts
- Mock tests
- Dedicated WhatsApp group for discussion
- 24*7 online access to learning material
- 300+ hours of interactive classroom/online training