Cost & management accountant
"CMAs empower organizations with actionable financial intelligence, driving innovation and operational excellence."
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BENEFITS OF DOING CMA
The CMA (Certified Management Accountant) course is offered by ICMAI which is a statutory body established by an Act of Parliament, for regulation and development of the profession of Cost and Management Accountants in the country . Cost and Management Accountant (CMA) plays a critical role in an organization, specializing in cost management, financial analysis, budgeting, and strategic planning. CMAs provide insights that help businesses optimize performance and achieve financial goals.
CMAs in India are highly valued for their expertise in cost management, financial analysis, and strategic planning. Organizational performance, ensuring financial sustainability, and contributing to strategic decision-making processes. CMA’s are valued for their comprehensive understanding of financial management principles and their ability to drive operational efficiency and growth in businesses across various sectors.
WHY CHOOSE CMA?
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WHY CMA IN SHILPIS ACADEMY?
Our Mentors
Lakkshmanan Ananthagiri
M.com., MBA, M.Sc.
CA. Suriya Chinnadurai
B. Com (PA)., ACA
Santhosh T
M.Com., SET CMA (Inter)
Aarthi T
M.Com, CMA Semi Qualified
Kirthivasan SP
M.com
Career Options in CMA
Shilpis Acadcemy
CMA Foundation
Students who have completed their 10+2 (high school) education from a recognized board can register for the CMA Foundation Course.
To register for the CMA Foundation Course, you need to:
- Visit the ICMAI website and create an account.
- Fill out the registration form.
- Pay the registration fee online.
- Submit the required documents, such as your 10+2 mark sheet and a passport-sized photograph.
- Submit the required documents, such as your 10+2 mark sheet and a passport-sized photograph.2.
As of the latest update, the registration fee for the CMA Foundation Course is approximately INR 6,000. This includes registration, study material, and examination fees.
- Fundamentals of business laws & business communication
- Fundamentals of Financial Accounting & cost accounting
- Fundamentals of Business Mathematics and Statistics
- Fundamentals of business economics and management
The CMA Foundation exam is conducted in an offline (pen-and-paper) mode.
To pass the CMA Foundation exams, a student must score a minimum of 40% in each paper and an aggregate of 50% in all papers combined.
Any one can do a CMA after completing the 12th standard either commerce or non commerce. Infact Non commerce students have even been toppers in the CMA Exams.
Generally the exams are conducted in English mode, but we will teach in tamil to make you understand the concepts.
No maths is not compulsory for CMA.
Shilpis Acadcemy
CMA Intermediate
Intermediate Course: INR 23,100
Yes, graduates in any discipline (excluding Fine Arts) can directly register for the CMA Intermediate course.
The CMA Intermediate course is divided into two groups:
Group I:
- Business law & ethics
- Financial accounting
- Direct and indirect taxation
- Cost Accounting
Group II:
- Operations Management & Strategic Management
- Corporate accounting and auditing
- Financial management and business data analytics
- Management accounting
The CMA exams are conducted twice a year, in June and December.
To pass the CMA exams, a student must score a minimum of 40% in each paper and an aggregate of 50% in all papers of the group or groups appeared.
Shilpis Acadcemy
CMA Final
To be eligible for the CMA Final Course, you must have:
- Passed both groups of the CMA Intermediate exams.
- You should completed SAP Training.
- Have completed or be undergoing practical training as prescribed by the ICAI.
RS.25,000 is required to register CMA Final
The CMA Final course is divided into two groups:
Group I:
- Corporate and Economic Laws
- Strategic Financial Management
- Direct Tax Laws and International Taxation
- Strategic Cost Management
Group II:
- Cost and Management Audit
- Corporate Financial Reporting
- Indirect Tax Laws and Practice
Elective papers:
- Strategic Performance Management and Business Valuations
- Risk Management in Banking and Insurance
- Entrepreneurship and Start-up
Yes, you can choose to appear for either one group or both groups of exams at a time, depending on your preparation and confidence level.
ICMAI provides support for candidates with disabilities, including provisions for scribes, extra time, and accessible exam centres. Candidates should inform ICMAI of their requirements well in advance to make necessary arrangements.
Yes, after completing the CMA Final Exam, many professionals pursue further studies such as an MBA, CFA, or other specialized certifications to enhance their expertise and career prospects.
There is no restrictions on the number of attempts in CMA exams.
