What is a CMA Course?
ICAI (Institute of Cost Accountants of India) offers the CMA course which lets the students have an in-depth understanding of Cost and Management Accounting. CMA as a career option is amazing as it comes with high paying job opportunities. This is not all about CMA, there is more to this course. The CMA Course has three levels which are CMA Foundation, CMA Inter and CMA Final. Course Duration for CMA is a total of 3 years. Aspirants need to look for best CMA Online classes in India and CMA Foundation Pendrive classes as well to ensure top notch preparation.
Scroll further to find out more about the CMA syllabus, CMA Course eligibility criteria, CMA Exam details and CMA Registration details.
CMA Course Eligibility Criteria:
A student should be aware of the CMA pass percentage along with Eligibility criteria before he/she decides to start preparing for the Exams. Details are listed down:
CMA Foundation:
- Candidate should have passed class 10th from a recognized board.
- Candidates should have passed class 12th from a recognized board or have passed National Diploma in Commerce Examination or the Diploma in Rural Service Examination.
(Students can get access to various platforms offering CMA Foundation classes, both online and offline for better preparation.)
CMA Intermediate:
- Candidate should have passed 12th from a recognized board.
- Candidates should have cleared the Foundation Course or graduation in any discipline other than Fine Arts/ Foundation (Entry Level) Part I Examination of CAT/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT.
CMA Final:
Candidates must have passed CMA Intermediate course and completed 15 months of practical training.
CMA Registration Dates
- Registration for the CMA Foundation course is open throughout the year but students willing to appear for June Term should apply before 31st January of that particular year.
- The CMA Inter Registration form can be filled out online but only after a student has passed the CMA Foundation level.
- The CMA Final Registration forms are available for a candidate who has cleared the CMA inter level.
The registration is announced by the conducting body of CMA Exams and that is ICMAI.
Exam Syllabus:
The CMA syllabus is divided into three parts, namely CMA Foundation, CMA Intermediate and CMA Final. Given below is a detailed subject list for the CMA course:
CMA Foundation Syllabus:
- Fundamentals of Economics and Management
- Fundamentals of Accounting
- Fundamentals of Laws and Ethics
- Fundamentals of Business Mathematics and Statistics
CMA Intermediate Syllabus:
| GROUP 1 | Group 2 |
| Financial Accounting | Operations Management and Strategic Management |
| Laws and Ethics | Indirect Taxation |
| Direct Taxation | Cost and management accounting and financial management |
| Cost Accounting | Company accounts and Audit |
CMA Final syllabus:
| GROUP 1 | GROUP 2 |
| Corporate Laws and Compliance | Corporate Financial Reporting |
| Strategic Financial Management | Indirect Tax laws and practice |
| Strategic Cost Management- Decision making | Cost and Management Audit |
| Direct Tax laws and International Taxation | Strategic Performance Management and Business Valuation |
CMA Exam Details
Exam Details:
Candidates must submit the application forms before the CMA Foundation, CMA Inter and CMA Final exams.The official website of ICMAI guides you throughout the application process.
- The CMA Foundation application fee and CMA Intermediate fee is 1,200/-
- The application fee for both groups of CMA intermediate is 2,400/-
- The application course fee for CMA Final single group is 1,400/-
- The application course fee for CMA Final both groups is 2,800/-
The CMA exam is a descriptive exam, so students should be well prepared accordingly. Every paper carries a weightage of 100 marks and is of 3 hours duration. Now that you have a detailed idea about the CMA exam, start your preparations right away! Lakshya Edu is there to help in each and every step. For more information regarding the best CMA online classes in India along with CMA Foundation Pendrive classes, visit the website.