Introduction
The Cost & Management Accountant programme is recognized worldwide and indicates your expertise in financial management and strategic planning. Prospective CMA candidates often face doubts over the most recent CMA certification pass rates to determine their chances of success. To receive this prestigious certification, candidates must pass Foundation, Intermediate, and Final stages.
CMA Course Duration
The CMA course duration generally takes around 3 to 4 years.
CMA Course Fee
Here are the CMA course fee (include approximate coaching fee) details given below:
| Particulars | Reg Fee | Exam Fee |
| ICMAI | ||
| CMA Foundation | 6000 | 1500 |
| CMA Inter | 23100 | 3000 |
| CMA Final | 25000 | 3000 |
| Others | 15000 | |
| Coaching | ||
| CMA Foundation | 33000 | |
| CMA Inter | 80000 | |
| CMA Final | 80000 | |
| Total investment | 262100 | 7500 |
CMA Course Syllabus
The CMA Course syllabus is divided into three parts:
CMA Foundation
Paper 1: Fundamentals of Business Laws and Business Communication (FBLC)
Paper 2: Fundamentals of Financial and Cost Accounting (FFCA)
Paper 3: Fundamentals of Business Mathematics and Statistics (FBMS)
Paper 4: Fundamentals of Business Economics and Management (FBEM)
CMA Intermediate
Group 1
Paper 5: Business Laws and Ethics (BLE)
Paper 6: Financial Accounting (FA)
Paper 7: Direct and Indirect Taxation (DITX)
Paper 8: Cost Accounting (CA)
Group 2
Paper 9: Operations Management and Strategic Management (OMSM)
Paper 10: Corporate Accounting and Auditing (CAA)
Paper 11: Financial Management and Business Data Analytics (FMDA)
Paper 12: Management Accounting (MA)
Final
Group 1
Paper 13: Corporate and Economic Laws (CEL)
Paper 14: Strategic Financial Management (SFM)
Paper 15: Direct Tax Laws and International Taxation (DIT)
Paper 16: Strategic Cost Management (SCM)
Group 2
Paper 17: Cost and Management Audit (CMAD)
Paper 18: Corporate Financial Reporting (CFR)
Paper 19: Indirect Tax Laws and Practice (ITLP)
Paper 20: One of the following subjects
Paper 20A: Strategic Performance Management and Business Valuation (SPMBV)
Paper 20B: Risk Management in Banking and Insurance (RMBI)
Paper 20C: Entrepreneurship and Start-Up (ENTS)
CMA Eligibility
The CMA Eligibility is different for each three parts:
CMA Level I (Foundation) Eligibility Criteria
- Candidates who have cleared class 10 and appeared for Class 12 are eligible for the course
- Candidates possessing a Diploma in Rural Service Examination under the National Council for Higher Education.
- Candidates who have cleared commerce Examination from Qualified National Diploma by AICTE/State Board of Technical Education.
- Candidates of age 18 years or above at the time of application.
CMA Level II (Intermediate) Eligibility Criteria
- Candidates who have cleared class 12 and have passed the CMA Foundation exam.
- Candidates who have a Bachelor’s degree except in fine arts.
CMA Level II (Final) Eligibility Criteria
- Candidates who have completed Part 1 and Part 2 of CMA Intermediate Level.
- Candidates with completed training proof to register for CMA Final.
Avinash College of Commerce, a renowned name in commerce education and professional growth, supports the CMA journey and offers comprehensive guidance to prospective applicants. The CMA is commonly referred to as the Holy Grail of accounting and finance certifications, and it is highly valued by organizations and talent recruiters worldwide with Avinash College of Commerce, you can be assured of the finest guidance in your CMA journey.
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