CMA (IND) - Cost and Management Accountants
The Cost and Management Accountancy (CMA) qualification, offered by the Institute of Cost Accountants of India (ICMAI), is a prestigious program designed to equip professionals with financial expertise and strategic leadership skills. The course is structured into three stages: CMA Foundation, CMA Intermediate, and CMA Final.
Most candidates complete the program in 4 to 5 years, emerging as skilled professionals ready for top roles in multinational corporations.
Who Should Pursue CMA (IND)?
- Students who have completed Higher Secondary (10+2) and aspire to a prestigious finance career.
- Graduates/Postgraduates aiming for top-tier roles in accounting and finance.
- Working Professionals seeking advancement in finance, auditing, or taxation.
CMA Syllabus Overview
CMA Foundation
Eligibility: Class 12 pass (any stream). Graduates can skip this and join CMA Intermediate directly.
- Fundamentals of Business Laws and Business Communication
- Fundamentals of Financial and Cost Accounting
- Fundamentals of Business Mathematics and Statistics
- Fundamentals of Business Economics and Management
CMA Intermediate
Eligibility: 10+2 pass + Foundation course or Graduation (except Fine Arts).
Structure: Two groups (4 papers each).
- Business Laws and Ethics
- Financial Accounting
- Direct and Indirect Taxation
- Cost Accounting
- Financial Management & Business Data Analytics
- Management Accounting
CMA Final
Eligibility: CMA Intermediate pass.
Structure: Two groups (4 papers each) + 1 elective.
- Corporate and Economic Laws
- Strategic Financial Management
- Direct Tax Laws and International Taxation
- Cost and Management Audit
Electives (Choose 1):
- Strategic Performance Management
- Risk Management in Banking & Insurance
- Entrepreneurship and Start-Up
Key Features
- 15 months practical training after Intermediate
- Exams conducted twice a year: June & December
- Career Scope: Roles in cost control, financial planning, auditing, and corporate strategy
