CMA India Coaching Centre in Kerala
Logic School of Management is the #1 CMA India Coaching Centre in Kerala. Our classes help students take their first step toward a successful career.
The Institute of Cost Accountants of India (ICMAI) provides an excellent chance for students aiming to establish a career in management accounting and financial management through the CMA India course, also recognized as Cost and Management Accountant.
CMA India Coaching Centre in Kerala
Logic School of Management is the #1 CMA India Coaching Centre in Kerala. Our classes help students take their first step toward a successful career.
The Institute of Cost Accountants of India (ICMAI) provides an excellent chance for students aiming to establish a career in management accounting and financial management through the CMA India course, also recognized as Cost and Management Accountant.
The Logician Perspective
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Why CMA India?
This prestigious program in India comes with a substantial investment, offering significant career prospects in major financial centers like Mumbai, Delhi, Chennai, Pune, and Bangalore. Upon obtaining this certification, individuals become highly sought-after in the Indian job market, particularly in roles related to costing & auditing.
Course Structure
This course is designed in three parts: Foundation/CAT, Intermediate and Final. To be certified the course also demands a 15 month articleship
Fundamentals Of Business Laws and Business Communication (FBLC) |
Fundamentals Of Financial and Cost Accounting (FFCA) |
Fundamentals Of Business Mathematics and Statistics (FBMS) |
Fundamentals Of Business Economics and Management (FBEM) |
Business Laws and Ethics (BLE) |
Financial Accounting (FA) |
Direct and Indirect Taxation (DITX) |
Cost Accounting (CA) |
Operations Management and Strategic Management (OMSM) |
Corporate Accounting and Auditing (CAA) |
Financial Management and Business Data Analytics (FMDA) |
Management Accounting (MA) |
Corporate and Economic Laws (CEL) |
Strategic Financial Management (SFM) |
Direct Tax Laws and International Taxation (DIT) |
Strategic Cost Management (SCM) |
Cost and Management Audit (CMAD) |
Corporate Financial Reporting (CFR) |
Indirect Tax Laws and Practice (ITLP) |
One of the following subjects: 1.Strategic Performance Management and Business Valuation (SPMBV) 2.Risk Management in Banking and Insurance (RMBI) 3.Entrepreneurship and Start-Up (ENTS)
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FAQ
1. What is the difference between CMA India and CMA USA?
The CMA India, regulated by the Institute of Cost Accountants of India (ICAI), is regulated by India and emphasizes cost management. It requires passing 3 levels, typically over 3-4 years, with practical training needed for membership. Syllabus focuses on cost accounting, financial analysis, and strategic planning, making it suited for cost-focused roles within the Indian market. Whereas the CMA US, governed by the Institute of Management Accountants (IMA), is internationally recognized and ideal for roles in financial planning, analytics, and strategic decision-making. It requires a bachelor’s degree, two years of experience, and can be completed in 12-18 months across two parts. Its focus is broader management roles, offering high mobility in global industries. Continuing education includes 30 hours of CPE annually.
2. What is the eligibility criteria for CMA India?
Students who have passed Class 10th and 12th are eligible for the foundation level. And students who have passed foundation/CAT or passed graduation in any discipline are eligible for attempting the CMA Intermediate Level.
3. How long does it take to complete the CMA India program?
The CMA India program usually takes about 3 – 4 years to complete.
4. Are CAT and CMA Foundation exams same?
No, Both are different exams. The CAT (Certified Accounting Technician) exam focuses on basic accounting, taxation, and bookkeeping, preparing students for entry-level accounting roles. It is open to students who have completed Class 10. In contrast, the CMA India Foundation exam requires a Class 12 certificate and covers broader topics like Economics, Management, and Business Law, setting the stage for a career in cost and management accounting. CAT is suitable for junior accounting positions, while the CMA Foundation is the first step toward becoming a Certified Management Accountant with wider career prospects.
5. Does Logic provide coaching for CAT Exam?
Yes, Logic provides coaching for CAT exams.
6. What is the passing criteria for CMA India Exam?
The passing score for CMA exams is at least 40% in individual subjects and 50% in aggregate.
7. How often are CMA India exams conducted?
Twice a year. The CMA India examination is conducted twice a year, in June and December.
8. Do CMA India have computer-based exams?
No, CMA exams are paper-based and to be taken at designated test centers.
9. Does CMA India have exam centers in Kerala?
Yes, CMA India has several exam centers in Kerala, including locations in Ernakulam, Kottayam, Trivandrum, Thrissur, Calicut, Kannur, and Palakkad.
10. I am a working professional, is it wise for me to pursue CMA India alongside my job?
Yes, pursuing CMA India while working is a wise option, as it offers flexibility. With good time management and dedication, many professionals successfully balance both.
11. Is there an articleship or work experience requirement for CMA India?
Yes, CMA India requires students to complete 3 years of articleship to become certified. This includes 10 months of training that must be completed before the CMA Final exam, so it does not add much to the overall course duration.
12. What are the job opportunities after earning a CMA India?
Earning a CMA India qualification opens up diverse career paths, including roles as Cost Accountants, Financial Analysts, Internal Auditors, Finance Managers, and Management Consultants across various industries. CMAs are also eligible for senior management positions in public and private sector organizations, such as Chairman cum Managing Director, Finance Director, Financial Controller, Chief Financial Officer, Cost Controller, Marketing Manager, and Chief Internal Auditor.
13. What is the estimated salary range for a CMA in India?
The estimated salary range for a Cost and Management Accountant (CMA) in India is between INR 1.4 LPA and INR 20 LPA. On average, a CMA is offered an annual salary of INR 6 Lakhs.