CMA Program - CMA Course Details, Duration, Fee, Eligibility, Job & Syllabus

The CMA program, which stands for Cost Management Accounting, is one of the most financially effective programs available. The CMA course would be an excellent alternative for someone who wants to pursue a career in management accounting. In recent years, the curriculum has been a popular choice among commerce students and those wishing to pursue a career in the industry.

CMAs (Cost Management Accountants) are individuals who can transform data into a conversation, use key thinking, and apply work insight. CMA is a recorded construction course for those wishing to pursue a career in construction after completing their twelfth-grade exams. Cost Management Accounting is a credential program designed to prepare students in various sectors and organizational functions for their jobs. The CMA course certificates are given in India by the Institute of Cost Accountants of India (ICAI). The program focuses primarily on valuation issues, review of financial statements, policies on working capital, external financial reporting, etc.

CMA Eligibility and the subjects in each Level

It is a great career step to go for the CMA certification, particularly when you aspire to make it big in the area of accounting management. But it is crucial that you know every detail about the course, qualifications, exam structure, salaries, and the opportunities it would bring before getting into it.

Students must complete three stages of CMA exams – the CMA Foundation, CMA Inter, and CMA Final – in order to be a CMA. For the CMA Foundation exams, students who have passed their + 2 exams are eligible.

In the months of June and December, ICAI conducts the CMA foundation review twice a year. You are excluded from the ICMAI Foundation tests if you have a graduate degree.

CMA Course Eligibility

If you want to apply for the CMA program, you must be well aware of the eligibility criteria for the CMA course. The requirements for every stage are mentioned below.

CMA Foundation Level

CMA Intermediate Level

CMA Final Level

You must have complete Class 10 or equivalent level of education from the recognized board

For the intermediate level, you must have completed your Class 12 education.

To become eligible for the CMA Final level, you must have passed the intermediate level.

You must also have passed your Senior Secondary Examination (10+2) or equivalent from a recognized examination board.

You should have passed the Foundation course from the Institute of Cost Accountants of India (ICAI).

Other than that, if you hold a National Diploma in Commerce Education by AICTE or any State Board of Technical Education, you will be considered eligible.

You must also hold an undergraduate degree in any discipline but Fine Arts.

CMA Course Syllabus

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

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

CMA Course Duration

The general span for the CMA course choice is adaptable, which shows that the absolute time taken to finish the CMA program relies upon the aspirant’s degree of commitment and core interest. CMA certificate requires at least a half year. The Institute of Management Accountants gets a period of 3 years that begins from the date of enrollment till the fulfillment of the confirmation.

Qualified applicants can show up for phase 1 and phase 2 assessments in the accompanying time span:

i. January or February

ii. May or June

iii. September or October

Read more about CMA Foundation Jobs, fees, and much more about CMA Foundation.

Here, at Takshila Learning, we offer CA/ CMA Foundation Online Classes via CMA Foundation Video Lectures and Online Tuition Classes. Prepare now for CMA Foundation Exam with us right from your home. Call Us @ 8800999280/83/84 and Book A Demo Now.

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