CMA

About CMA

Institute of Cost & Works Accountants of India (ICWAI) has changed it’s name into The Institute of Cost Accountants of India (ICAI). Also ICWA course has changed into CMA course. There is no difference between ICWAI and CMA, and they are the same. They are two different words used to describe one single thing. ICWAI stands for Institute of Cost and Work Accountant of India whereas CMA stands for Cost management accounting. Apart from the literal meaning there is no difference at all. There are 3 stages in ICWA course i.e., CMA Foundation, Inter and Final.

you want to become Cost management accountant, you should complete these three stages of ICWA course. Students who have passed 10+2 are eligible for the ICWA Foundation exam. The Institute of Cost Accountants of India conducts ICWAI Foundation exam two times in a year in the months of June and December. If you have passed ICWA Foundation exam, then you are eligible for ICWAI Inter. If you have any graduate degree, you are exempted from ICWAI Foundation exams. You can directly enter into ICWAI Inter.

What are the Subjects in ICWA Course Foundation Inter and Final

Total 20 papers in ICWA Foundation, Inter and Final exam.

To Know more click here

FOUNDATION

I. FOUNDATION

Foundation Rs4,000/-
Payable on or before 31st January for June term and 31st July for December term of examinations

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

INTER

II.INTERMEDIATE

Option I (Without Instalment)
Intermediate Rs20,000/-
Payable on or before 31st January for June term and 31st July for December term of examinations

Option II (With Instalment)

Intermediate Rs12,000/- (1st Instalment)
At the time of enrolment into Intermediate course Rs8,000/- (2nd Instalment)
Payable on or before 31st January for June term and 31st July for December term of examinations

Note –

1. To be eligible for appearing in Intermediate examinations, the 2nd Instalment amounting to ` 8000/- must be payable on or before 31st January for June term and 31st July for December term of examinations.
2. If the student fails to pay 2nd instalment within the prescribed time limit as mentioned in point no. 1, the instalment facility will be still available till next 3 Consecutive terms. The 2nd instalment is to be paid within the cut-off dates (on or before 31st January for June term and 31st July for December term of examinations).
3. No student can appear for Intermediate examination without paying 2nd instalment.
4. Failure to pay the 2nd instalment within the prescribed time limits as mentioned in point no. 1 & 2, will lead to forfeiture of the amount already paid as 1st Instalment, except Registration Fees which will be valid for 7 years from the date of Registration.
5. After paying 1st instalment student will get study materials of both groups and can opt for oral/postal coaching of either Group (Group I/II) as per the choice of the student.
6. After paying 2nd Instalment student will be eligible to opt for oral/postal coaching of other group and computer and other training as applicable.

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

FINAL

III.FINAL
Final Rs17,000/-
Payable on or before 31st January for June term and 31st July for December term of examinations

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

Call Us:

Send us an Email:

Opening Time

About CMA

FOUNDATION

INTER

FINAL