How to Apply for CMA Course?

Students these days have plenty of tasks and questions in their minds when they are about to complete their 10th or 12th Standard. After the Pandemic this vacuum has increased considerably. Many students have faced a lot of difficulties in their sessions of 10th and 12th both online as well as offline.

Cost and Management Accountancy Course offered by the Institute of Cost Accountants of India

The main purpose of designing this course is to nurture young minds into business leaders of tomorrow, wherein cost accountants can play a very important role in decision making.

Students are more inclined in understanding the concepts of costing and management accounting and applying them in the practical work of the field, they usually opt for this course instead of Company Secretary or Chartered Accountancy Course.

The different stages of examination includes the following-

Foundation Programme
CMA Intermediate Programme
CMA Final Programme

Course	Duration & Eligibility	Subjects
Cost and Management Accountant by the Institute of Cost Accountants of India	3-5 years standard duration for this professional course10+2 with a minimum 60% aggregate Course if divided into three levels- Foundation, Inter and Final Practical Internship is also required to be done by the candidates at a requisite interval of time frame Multiple attempts are also required to be taken sometimes by the candidates Maximum attempts limit should be checked before pursuing the course	Business Mathematics and StatisticsLaws and EthicsAccountingEconomicsManagementCompany Accounts and AuditOperation Management Information SystemBusiness Strategy & Cost Management

Admission Procedure

Foundation Syllabus

Eligibility for Admission:

(a) A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.

(b) 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.

Incumbents waiting for the result can apply for provisional admission

Fee:

Cost of Prospectus – Rs. 250/-

Documents to be enclosed with application form:

1. Attested Copy of Matriculation Certificate

2. Attested copy of 10+2 Certificate or Marks Statement

3. 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application)

(Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college)

Intermediate Course:

Eligibility for Admission:

(a) 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

(b) Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2.

Incumbents waiting for the result can apply for provisional admission

Eligibility : Any of following

Passed 4^th semester / 2^nd year Graduation **
Passed Graduation
Passed 4^th Semester / 2 Year Eng. Graduation or equivalent
Passed Engineering Graduation or equivalent
Passed CMA Foundation
Passed CAT Level – 1
Passed CA IPCC Inter
Passed CS Foundation – (CSEET is not eligible)
Passed Post Graduation
Passed Doctoral
Passed ICSI
Passed CIMA
Passed CA
Passed ACCA

Study Material & Coaching Classes :

Oral Postal

For the matters related to Study Material & Coaching Classes please contact the respective Regional Council / Chapter after allotment of Registration No.

Postal

Study Material shall be dispatched by Post after allotment of Registration No.

Student will be eligible to appear in examination from : Dec 2023

(If full fee of Rs. 23,100/- will be paid within cut off date)

**Provisional Registration will be granted. Student shall be eligible to appear for examination on passing final year/semester examination.

Fee:

Cost of Prospectus – Rs. 250/-

Documents to be enclosed with application form

1. Attested Copy of Matriculation Certificate

2. Attested copy of 10+2 Certificate or Marks Statement

3. Attested copy of the degree

4. 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application)

When to apply

Foundation	Intermediate
Admission to foundation course for the ICAI course is open throughout the year However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year.	Registration for the ICAI course is open throughout the year However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year.

Where to apply

All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils / Chapters only.

Address of Regional Councils	Area Covered
Western India Regional Council “Rohit Chambers”,4th Floor Janmabhoomi Marg,Fort Mumbai – 400 001 Ph : 022-22872010/ 22841138/ 22043406/ 22043416 Fax : 91- 022- 22870763 Email: wirc@icmai.in Web site : www.icwai-wirc.org	The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli.
Southern India Regional Council 4, Montieth Lane, Egmore,Chennai – 600 008 Ph:044-28554443/28554326/28528219 Fax : 91- 044- 28554651 Website: www.sircoficwai.com Email: sirc@icmai.in	The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep
Eastern India Regional Council 84, Harish Mukherjee Road,Kolkatta – 700 025 Ph : 033 -24553418 /24555957 Fax : 91 033-2455-7920 Email: eirc@icmai.in	The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.
Northern India Regional Council 3, Institutional Area, Lodi Road,New Delhi – 110 003 Ph : 011 – 24626678 / 24615788 Fax : 24622156 Email: nirc@icmai.in	The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh.

REVISED CMA COURSE FEE STRUCTURE

[w.e.f. 11th February 2021 Admission/Registration/Enrollment and onwards]

Particulars	Amount	Remarks
Foundation	Rs. 6,000/-	Payable on or before 31st January for June term and 31st July for December term of examinations
Intermediate- Option 1	Rs. 23,100/- *	Payable on or before 31st January for June term and 31st July for December term of examinations
Intermediate- Option 2	Rs. 12,000/- (1st Installment)	At the time of Registration into Intermediate course
	Rs. 11,100/- * (2nd Installment)	Payable on or before 31st January for June term and 31st July for December term of examinations
Final- Option 1	Rs. 25000/- *	Payable on or before 31st January for June term and 31st July for December term of examinations
Final- Option 2	Rs. 15,000/- (1st Installment)	At the time of Enrollment into Final course
	Rs. 10,000/- * (2nd Installment)	Payable on or before 31st January for June term and 31st July for December term of examinations

*It includes Skill Training Facilitation fees of Rs. 1,100/-.

Intermediate

Final

1. To be eligible for appearing in Intermediate examinations, the 2nd Installmentamounting to ` 11,100/- must be payable on or before 31st January for Juneterm and 31st July for December term of examinations.2. If the student fails to pay 2nd installment within the prescribed time limit asmentioned in point no. 1, the installment facility will be still available tillnext 3 Consecutive terms. The 2nd installment is to be paid within the cutoff dates (on or before 31st January for June term and 31st July forDecember term of examinations).3. No student can appear for Intermediate examination without paying 2ndinstallment.4. Failure to pay the 2nd installment within the prescribed time limits asmentioned in point no. 1 & 2, will lead to forfeiture of the amount alreadypaid as 1st Installment.5. After paying 1st installment student will get study materials of both groupsand can opt for oral/postal coaching of either Group (Group I/II) forIntermediate as per the choice of the student.6. After paying 2nd Installment student will be eligible to opt for oral/postalcoaching of remaining group and ‘Skills Training” and other training asapplicable.

1. To be eligible for appearing in Final examinations, the 2nd Installmentamounting to ` 10,000/- must be payable on or before 31st January for Juneterm and 31st July for December term of examinations.2. If the student fails to pay 2nd installment within the prescribed time limit asmentioned in point no. 1, the installment facility will be still available tillnext 3 Consecutive terms. The 2nd installment is to be paid within the cutoff dates (on or before 31st January for June term and 31st July forDecember term of examinations).3. No student can appear for FINAL Examination without paying 2nd installment.4. Failure to pay the 2nd installment within the prescribed time limits asmentioned in point no. 1 & 2, will lead to forfeiture of the amount alreadypaid as 1st Installment.5. After paying 1st installment student will get study materials of both groupsand can opt for oral/postal coaching of either Group (Group III/IV) for Final,as per the choice of the student.6. After paying 2nd Installment student will be eligible to opt for oral/postalcoaching of other group and computer and other training as applicable.

Link for Online Admission

https://eicmai.in/studentonlineregsystem/Home.aspx

Career after CMA

Finance Manager
Financial Analyst
Chief Financial Officer
Financial Controller
Corporate Controller
Chief Investment Officer
Cost Accountant

The average salary for a fresher CMA in India is 7 lakh rupees per annum. However, this number can go up to rupees 20lakhs too based on your skills. With experience and developed skillset, there is no bar on earnings for CMAs.