INTRODUCTION
- CMA course offers students a dream career in the vital areas Cost Accounting, Budgeting, Cost Audit, Management and Taxation.
- CMA qualification is equivalent to PG (M. Com) and eligible to appear for Civil Service Exams and eligible for direct Ph. D & in Commerce and Management.
JOB OPPORTUNITIES
- Independent Professional Practice
- Cost Auditor
- GST domain – Audit of Accounts, Certification, Verification, Advisory and Compliance Services
- Field of Finance – Strategic Financial Decisions, Capital and Money Market, Foreign Exchange Risk Management, Mergers and Acquisitions, Investment Banking, Treasury Management, Hedge Funds, Portfolio Management, Risk Management, Mutual Funds, Credit Rating, Venture Capital.
- Management Consultancy Services
- Industry/Government Service
- Professors/Trainers in Accounting & Finance
CMA FOUNDATION
CS Executive Entrance Test
- Eligibility: Class 12
- Number of Papers: 4
SUBJECTS
Paper-1 : Fundamentals of Economics and Management (100 Marks)
- Section A : Fundamentals of Economics (50 Marks)
- Section B: Fundamentals of Management (50 Marks)
Paper-2 : Fundamentals of Accounting (100 Marks)
- Section A: Fundamentals of Financial Accounting (80 Marks)
- Section B: Fundamentals of Cost Accounting (20 Marks)
Paper-3 : Fundamentals of Laws and Ethics (100 Marks)
- Section A : Fundamentals of Commercial Laws (70 Marks)
- Section B : Fundamentals of Ethics (30 Marks)
Paper-4 : Fundamentals of Business Mathematics and Statistics (100 Marks)
- Section A : Fundamentals of Business Mathematics (40 Marks)
- Section B : Fundamentals of Business Statistics (60 Marks)
CMA FOUNDATION
Eligibility : Class 12
Number of Papers : 4
SUBJECTS
Paper-1 : Fundamentals of Economics and Management (100 Marks)
- Section A : Fundamentals of Economics (50 Marks)
- Section B: Fundamentals of Management (50 Marks)
Paper-2 : Fundamentals of Accounting (100 Marks)
- Section A : Fundamentals of Financial Accounting (80 Marks)
- Section B : Fundamentals of Cost Accounting (20 Marks)
Paper-3 : Fundamentals of Laws and Ethics (100 Marks)
- Section A : Fundamentals of Commercial Laws (70 Marks)
- Section B : Fundamentals of Ethics (30 Marks)
Paper-4 : Fundamentals of Business Mathematics and Statistics (100 Marks)
- Section A : Fundamentals of Business Mathematics (40 Marks)
- Section B : Fundamentals of Business Statistics (60 Marks)
All the 4 papers in CMA Foundation Examination are subjective in nature.
CMA INTERMEDIATE
Eligibility : CMA Foundation Qualified or UG/PG completed students or Intermediate in CMA / CS or Pursuing Engineering Course (having completed 2nd year / Semester IV / equivalent) or Qualified Engineers or any equivalent in subjects other than Art or Performing Art
Number of Papers : 8
SUBJECTS
Group I
Paper-5 : Financial Accounting (100 Marks)
Paper-6 : Laws and Ethics (100 Marks)
- Section A: Commercial Laws (30 Marks)
- Section B: Industrial Laws (25 Marks)
- Section C: Corporate Laws (30 Marks)
- Section D: Ethics (10 Marks)
Paper-7 : Direct Taxation (100 Marks)
Paper-8 : Cost Accountings (100 Marks)
- Section A : Fundamentals of Business Mathematics (40 Marks)
- Section B : Fundamentals of Business Statistics (60 Marks)
Group II
Paper-7 : Operations Management & Strategic Management (100 Marks)
- Section A: Operations Management (70 Marks)
- Section B: Strategic Management (30 Marks)
Paper-10 : Cost & Management Accounting and Financial Management (100 Marks)
- Section A : Cost & Management Accounting (50 Marks)
- Section B: Financial Management (50 Marks)
Paper-11 : Indirect Taxation (100 Marks)
- Section A: GST (80 Marks)
- Section B: Customs Law (20 Marks)
Paper-12 : Company Accounts and Audit (100 Marks)
- Section A : Accounts of Joint Stock Companies (50 Marks)
- Section B : Auditing (50 Marks)
The student can appear for CMA Intermediate examination either group-wise or both groups together.
The candidate has to undergo Practical Training after completion of the Intermediate level a. k. a Article ship, is undergone in a qualified Cost and Management Accountant’s office with stipend.
CMA FINAL
Eligibility : Qualifying both group of CMA Intermediate exam with 1.5 years of Practical Training.
Number of Papers : 8
SUBJECTS
Group I
Paper-13 : Corporate Laws & Compliance (100 Marks)
- Section A: Companies Act (60 Marks)
- Section B: Other Corporate Laws (25 Marks)
- Section C: Corporate Governance (15 Marks)
Paper-14 : Strategic Financial Management (100 Marks)
- Section A : Investment Decisions (25 Marks)
- Section B : Financial Markets and Institutions (20Marks)</li<
- Section C : Security Analysis and Portfolio Management (25 Marks)
- Section D : Financial Risk Management (30 Marks)
Paper-15 : Strategic Cost Management – Decision Making (100 Marks)
- Section A : Cost Management (20 Marks)
- Section B : Strategic Cost Management Tools and Techniques (50 Marks)
- Section C : Strategic Cost Management – Application of Statistical Techniques in Business Decisions (30 Marks)
Paper-16 : Direct Tax Laws and International Taxation (100 Marks)
- Section A : Advance Direct Tax Laws (50 Marks)
- Section B : International Taxation (30 Marks)
- Section C : Case Study Analysis (20 Marks)
Group II
Paper-17 : Corporate Financial Reporting (100 Marks)
- Section A : GAAP and Accounting Standards (20 Marks)
- Section B : Accounting of Business Combinations & Restructuring (20 Marks)
- Section C : Consolidated Financial Statements (20 Marks)
- Section D : Developments in Financial Reporting (25 Marks)
- Section E : Government Accounting in India (15 Marks)
Paper-18 : Indirect Tax Laws and Practice (100 Marks)
- Section A : Advanced Indirect Tax and Practice (80 Marks)
- Section B: Tax Practice and Procedures (20 Marks)
Paper-19 : Cost and Management Audit (100 Marks)
- Section A : Cost Audit (35 Marks)
- Section B : Management Audit (15 Marks)
- Section C : Internal Audit, Operational Audit and other related issues (25 Marks)
- Section D : Case Study on Performance Analysis (25 Marks)
Paper-20 : Strategic Performance Management and Business Valuation (100 Marks)
- Section A : Strategic Performance Management (50 Marks)
- Section B : Business Valuation (50 Marks)
The student can appear for CMA Final examination either group-wise or both together.
COACHING DURATION
Foundation : 500 Hrs (Full-Time)
Intermediate : 1000 Hrs (Full-Time)
Final : 1000 Hrs (Part-Time)
COACHING FEES (excluding Registration to ICAI Board)
Foundation : ₹45000 (Full-Time)
Intermediate : ₹85000 (Full-Time)
Final : ₹85000 (Part-Time)
