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Cost Management Accounting

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Cost Management Accounting (CMA)

Introduction

It has felt beyond that there has been an increasing awareness amongst the business entrepreneurs of the most vital contribution made by cost and management accountancy services in the business houses to the attainment of business objectives. This has accentuated the demand for cost and management accountancy services in all the sectors of economy. Many members of the institute are holding top management positions, viz., Managing Director, Financial controller, Chief Accountant, Cost controller, Marketing Manager, Chief Internal Auditor. Those managing their own business have found in themselves a Manager and an Accountant to control and flourish their business.

Levels

The CMA Course is divided into three levels. They are

  • Foundation Course
  • Intermediate Course
  • Final Course

Foundation Course

Eligibility for Admission:

  • 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 Education.
  • Candidates waiting for the result can apply for provisional admission.

Intermediate Course

Eligibility for Admission:

  • 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.

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