CMA Full form - Check CMA Course Structure, Duration, Eligibility, Fees
CMA Full Form: CMA stands for Cost and Management Accounting. The Institute of Cost Accountants of India offers the CMA course. CMA is divided into three levels - CMA Foundation, CMA Intermediate, and CMA Final. The course duration is 3 to 4 years.
Latest Updates for CMA Foundation
- 05 Aug 2022:
ICMAI CMA Foundation June 2022 result declared, to download the scorecard - Click here
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CMA is recognised as one of the most important management accounting and financial management courses. ICMAI CMA course verifies that the candidate has a thorough understanding of cost planning, financial planning, cost analysis, cost control, financial analysis, and decision-making.
CMA course qualifies professionals for a wide range of professions such as - cost accounting, financial management, auditing, and much more.
Benefits of CMA Course
The goal of being a CMA is to get an in-depth understanding of accounting, finance, and management. It is one of the most widely recognised certifications in the business world, proving the ability of a person to make financial decisions for a firm.
Furthermore, CMA course boosts a person's earning potential while also granting him creditability and standing in society and the economic sector. The following are some of the benefits of obtaining pursuing CMA in India:
Enhanced job prospects
Certification that is recognised around the world
Eligibility Criteria for ICMAI CMA
CMA Foundation Course Eligibility
The candidate must have passed a recognised board or institution's class 10 or equivalent exam in order to get admission to CMA Foundation.
A candidate is eligible to appear for the exam if he/she has passed the Senior Secondary Examination under the 10+2 scheme from a recognised board.
CMA Intermediate Course Eligibility
The candidate must have passed the Senior Secondary School Examination (10+2) and CMA Foundation Course of the Institute of Cost Accountants of India
Candidate should be graduate 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 along with Class 10+2
CMA Final Course Eligibility
The candidate should have passed the CMA Intermediate examination.
The candidate must have a current registration number
The candidate should have completed the CMA Final course's required training.
The candidate should not be disqualified from taking the CMA Final Course Exam.
CMA Direct Admission
The candidate must have a bachelor's degree in any discipline other than fine Arts.
The candidate must have qualified CAT/ICSI Foundation/ ICAI Intermediate.
Syllabus for CMA
The exam syllabus for CMA foundation, CMA intermediate, and CMA final course is mentioned in the table below:
Exam syllabus for CMA
P1: Fundamentals of Economics and Management
P5: Financial Accounting (FAC)
P9: Operations Management & Strategic Management
P13: Corporate Laws & Compliance
P17: Corporate Financial Reporting
P2: Fundamentals of Accounting
P6: Laws and Ethics
P10: Cost & Management Accounting and Financial Management
P14: Strategic Financial Management
P18: Indirect Tax Laws & Practice
P3: Fundamentals of Laws and Ethics
P7- Direct Taxation (DTX)
P11: Indirect Taxation
P15: Strategic Cost Management – Decision Making
P19: Cost and Management Audit
P4: Fundamentals of Business Mathematics & Statistics
P8- Cost Accounting (CA)
P12: Company Accounts & Audit
P16: Direct Tax Laws and International Taxation
P20: Strategic Performance Management and Business Valuation
Read detailed CMA syllabus:
Fees for CMA Certification
The fees for CMA certification vary depending on the types of courses.
CMA Foundation Course
The registration fee for CMA Foundation is Rs. 6,000 which can be paid via oral or postal mode.
CMA Intermediate Course
The registration fee for CMA Intermediate is Rs. 23,100 which can be paid in two installments via oral or postal mode.
Options to pay CMA Intermediate fee
Option I (Without installment)
Option II (With Installment)
CMA Final Course
The registration fee for CMA Final is Rs. 25,000 which can be paid in two installments via oral or postal mode.
Options to pay CMA Final course fee
Option I (Without installment)
Option II (With Installment)
When should you apply for the CMA certification?
CMA Foundation Course: Admission to the CMA Foundation course is offered throughout the year for the course. Students who wish to appear for the June term examination must apply by the 31st of January of that year, and students who wish to appear for the December term examination must apply by the 31st of July of that year.
CMA Intermediate Course: The registrations for this course are open throughout the year. Students who wish to appear for the June term examination must apply by the 31st of January of that year, and students who wish to appear for the December term examination must apply by the 31st of July of that year.
CMA Final Course
The CMA Final course is offered for registration throughout the year. Students who wish to appear for the June term examination must apply by the 31st of January of that year, and for the December term examination, candidates must apply by the 31st of July of that year.
Important - Check the Complete List of Full Forms
Variety of Career Options after CMA Certification
After earning your CMA certification, you have a variety of career options both domestically and internationally. It will help you improve your financial, accounting, and management skills, which will help you advance in your job and make you stand out from the crowd. Following are the various job opportunities for CMA (CMA full form is Cost and Management Accountant):
Cost & Management Accounting
Systems Analyst & Systems Management
Auditing, Internal Control
Tax Management - Direct and Indirect Tax
Capital Market Analyst, Fund Manager, Portfolio Analyst
Process Analysis in BPO/KPO Sector
Implementing Business Intelligence Systems
CMA Exam Techniques
Candidates can find the following tactics that should be used during the exam period:
To pass the CMA exam, the first step is to pay great attention to every word in the question in order to gain a thorough grasp of it.
All the options should be thoroughly examined, particularly in multiple-choice questions.
If an answer can be found, go on to the next step after picking it.
Don't waste too much time on a single question.
If the candidate is unsure about the proper answer, they should endeavour to make the best guess possible.
The CMA course full form is Cost and Management Accountant which was introduced in 1972, and many candidates have received the CMA certification since then. The exam structure has changed over time, and the most recent version requires the candidate to pass the exam in two sections, each with 100 MCQs and two 30-mark essays.
CMA as a Career
In a decade, demand for CMA full form course and other accountants is likely to rise. The need for accountants is expected to increase by 4% between 2019 and 2029. This expansion is projected to continue in the management accounting industry due to the lack of standardisation, as organisations have a lot of flexibility in building management accounting systems.
Frequently Asked Question (FAQs) - CMA Full form - Check CMA Course Structure, Duration, Eligibility, Fees
Question: Who issues the CMA certification?
The CMA certification is issued by the Institute of Cost Accountants of India (ICAI).
Question: What is the duration of the CMA course?
The duration of CMA course is 3 to 4 years.
Question: What Is CMA's Full Form?
CMA stands for Cost and Management Accounting.
Question: What does the term CMA stand for?
CMA is a professional certification in accounting and financial management.
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Questions related to CMA Foundation
if i fail in CMA Foundation Exam, and i have to attempt again for exam. Does i have to register again or i have pay registration fees again? or Just i have to pay for Examination form?
Hope you are doing well. If you fail the CMA Foundation Exam and are attempting it again you must register for the exam and pay the exam fee again. As long as you retake the exam within the 3 year period, you don't have to pay the program entrance fee again. You only need to retake the exam part that was not cleared.
All the best!
now clear 12th from RBSE Rajasthan want to fill form of CMAQQ foundation,
I hope you are concerned to CMA (Cost and Management Accountant) Foundation Exam . It is organised by The Institute Of Cost Accountants Of India. The duration of the exam is 3 hours.
To be eligible for the exam, candidate needs to pass class 12/diploma from recognized board . It is going to be conducted on 8th July,2022 , the last date for registration was on 25 Feb 2022 .
Positions that are offered are Consultancy, jobs in PSU and private companies or even you can open your own practice.
I hope it clarifies your doubt.
where is the exam center located? and what is the date of exam for December session.?
In order to know about your exam center, you can do the following;
- Observe at your admit card. There should be mentioned about your exam centre location.
- If it is not mentioned, then there might be some portal in organization website. Login to your portal and observe if there is an option to locate your exam centre.
- If not, I strongly suggest you to contact the organization helpline as it might be a bug for your admit card. You can also ask your friends if they are facing the same issue.
Once the exam centre is located, I suggest you to visit your exam centre at most a day before the examination. It will help you to save time during the exam.
for CMA course which university is best
Best CMA course offering Colleges in India are listed below.
••Jivkaran Institute of Business Administration
••College of Management and Economic Studies
••Logic School of Management, Kerala
••Sri Medha Junior College, Vijayawada
••Nagarjuna Degree College, Bangalore
••Jivkaran Institute of Business Administration, Anand
••College of Management and Economics Studies, U niversity of Petroleum and Energy Studies, Dehradun
••Government College University
••Indian School of Commerce
••Gandhi Shanti Niketan Mahavidyalaya, Allahabad
Hope this information was helpful to you.
cma foundation home based online exam or not?
hope you doing well
The Institute of Cost Accountants of India (ICMAI) will be conducting the CMA Foundation Exam in Home-Based Mode, but Intermediate and Final Exams will Be conducted in Centre-Based Mode.
However, the mode of Intermediate and Final Exams will be online-center based.