The CMA India Course Structure
This course is designed in three parts: Foundation/CAT, Intermediate and Final. To be certified the course also demands a 3-year articleship. An organic way of studies has been defined in this way so that one can become a thorough accounting and auditing professional gradually by completing each step.
CMA India Foundation/CAT
CMA India Intermediate
CMA India Final
CAT (Certificate in Accounting Technicians)
Institute of Cost Accountants of India (ICAI) offers a great opportunity for students who are planning to build a career in management accounting and financial management stream through CMA India course otherwise known as Cost and Management Accountant. It is a renowned course in India with a high price tag for job opportunities in all financial hubs of India such as Mumbai, Delhi, Chennai, Pune and Bangalore. The best part of this course is that it can be started as early as one passes out plus two (10+2) courses in parallel to other academic pursuits. By the time they receive this certification they become well sought after in the Indian job market of Direct or Indirect tax and Auditing field.
The CMA India – CAT Course
The Certificate in Accounting Technicians (CAT Course) is of two parts. The course consists of education, oral coaching followed by on-line/off-line self-assessment, on-line examination, computer training, 3 months Internship and 5 days orientation program. Coaching for the theory papers (first part) takes only 4 months and the student is directly eligible to the intermediate level without clearing the second part.
Foundation Course (Entry Level) Part-I
⁂ Paper 1: Fundamentals of Financial Accounting
⁂ Paper 2: Applied Business and Industrial Laws
⁂ Paper 3: Financial Accounting-2
⁂ Paper 4: Statutory Compliance
Competency Level – Part-II
⁂ (A) Fundamentals of Computers
⁂ (B) Filling of Statutory Returns
⁂ (C) Introduction to Costing Principles and Preparation of Cost Statements
⁂ (D) 5-days Orientation Programme
Exam Pattern & Pass Percentages
The exams are conducted in the months of June and December every year. One has to secure a minimum of 40% in individual subjects and 50% in aggregate. LSM students has always secured higher pass percentages than the national average; this feat is achieved only because of the result oriented and highly professional teaching staff of LSM and their impeccable teaching methods.
Qualification Required
Any student who has passed Plus Two (10+2) can join for this course in parallel to their other academic pursuits. A basic affinity towards learning accounting principles would be an added advantage.
What Next?
Once qualified in CMA India – CAT Course, one can immediately join for CMA India – Intermediate course which itself opens up many job opportunities. Completing Part 1 of the CAT course alone can get you to the intermediate level and upon completion of Part 2 can get you several internships.
Why CMA India @ LSM
The advantage of being an LSM student is being able to gain knowledge with the expert faculties associated with us. Logic School of Management has been in the field of training accounting and business management subjects for over two decades and have produced numerous rank holders in various streams. Our teachers are well-known faces in the accounting fraternity with a great amount of industrial know-how. The thoughtfully prepared course materials and other library facilities provide additional confidence among students. At Logic, every student gets individual care by assessing each one of them periodically in order to ensure their time and effort are channelized properly and further produce desired result in corresponding exams.
FAQ
Intermediate Level
Being part of financial management and management accounting team of a well-established company is a highly rewarding job. Such job profiles drive the businesses by analyzing the current financial trends with applying strong knowledge in the accounting principles. Institute of Cost Accountants of India (ICAI) offers a great opportunity for students who are planning to build a career in management accounting and financial management stream through CMA India course otherwise known as Cost and Management Accountant. Such certified candidates have many opportunities to get enviable job positions in all the big names in the Indian Industry across all metro cities such Bangalore and Delhi.
The CMA India – Intermediate Course Syllabus
The Intermediate course is the second tier of CMA-India course and has 8 subjects divided in 2 group. The CMA Intermediate course can be completed in less than a year by an enthusiastic student.
Group I
⁂ Business Laws and Ethics (BLE)
⁂ Financial Accounting (FA)
⁂ Direct and Indirect Taxation (DITX)
⁂ Cost Accounting (CA)
Group II
⁂ Operations Management and Strategic Management (OMSM)
⁂ Corporate Accounting and Auditing (CAA)
⁂ Financial Management and Business Data Analytics (FMDA)
⁂ Management Accounting (MA)
Exam Pattern & Pass Percentages
The exams are conducted in the months of June and December every year. One has to secure a minimum of 40% in individual subjects and 50% in aggregate. LSM students has always secured higher pass percentages than the national average; this feat is achieved only because of the result oriented and highly professional teaching staff of LSM and their impeccable teaching methods.
Qualification Required to Join CMA Intermediate Classes
Any student who has completed CMA India (Foundation) or CAT (Certificate in Accounting Technicians) OR any graduate can enroll for the intermediate level. Basic knowledge and interest in the accounting, finance and auditing stream would be helpful to complete the course within the schedule with good pass percentages.
What Next?
A qualified CMA India-Intermediate candidate is always preferred for several management accounting profiles and numerous job opportunities awaits them in almost all MNC’s in India. It is however, recommended to continue with the CMA India – Final course and start up your practical training which would open up greater opportunities and the title of a CMA holder in India and abroad.
Why CMA India @ LSM
LSM is always the first choice in the field of business management and accounting training in Kerala with a rich history of more than 20+ years. The strength of Logic lies within the highly experienced and target oriented faculties available in all offline centers and online modes. Moreover, LSM is equipped with rich library facilities coupled with a specific training program to crack even the toughest exams in accounting and auditing streams. Due to the same reason, Logic School of Management (LSM) constantly produces Indian as well as world-based rank holders from almost all the courses it provides. Periodic assessment of each individual student and corresponding course corrections ensures greater results and satisfaction among students. For this reason, Logic School of Management commands respect and maintains a popular name in the management accounting and financial auditing field.
FAQ
Final Level
Institute of Cost Accountants of India (ICAI) offers a great opportunity for students who are planning to build a career in management accounting and financial management stream through CMA India course otherwise known as Cost and Management Accountant. Such certified candidates have many opportunities to get enviable job positions in all the big names in the Indian Industry across all metro cities such Bangalore and Delhi. Being part of financial management and management accounting team of a well-established company is a highly rewarding job. Such job profiles drive the businesses by analyzing the current financial trends with applying strong knowledge in the accounting principles.
The CMA India – Final Course Syllabus
The Final course is the third tier of CMA-India course and has 8 subjects divided in 2 group. The CMA Final course can be completed within an year by an enthusiastic student.
Group III
⁂ Corporate And Economic Laws (CEL)
⁂ Strategic Financial Management (SFM)
⁂ Direct Tax Laws & International Taxation (DIT)
⁂ Strategic Cost Management (SCM)
Group IV
⁂ Cost and Management Audit (CMAD)
⁂ Corporate Financial Reporting (CFR)
⁂ Indirect Tax Laws and Practice (ITLP)
Electives
⁂ Strategic Performance Management and Business Valuation (SPMBV)
⁂ Risk Management in Banking and Insurance (RMBI)
⁂ Entrepreneurship and Startup (ENTS)
Exam Pattern & Pass Percentages
The exams are conducted in the months of June and December every year. One has to secure a minimum of 40% in individual subjects and 50% in aggregate. LSM students has always secured higher pass percentages than the national average; this feat is achieved only because of the result oriented and highly professional teaching staff of LSM and their impeccable teaching methods.
Qualification Required to Join CMA Final Classes
Any student who has completed CMA India (Intermediate) and has started with their practical training can enroll for the final level. Basic knowledge and interest in the accounting, finance and auditing stream would be helpful to complete the course within the schedule with good pass percentages.
What Next?
Now that you have successfully completed the course, the most common career paths you can navigate to includes — Management Accountant, Financial Analyst, Cost Accountant, Accounting Manager, Senior Accountant, Corporate Controller and even a directorial position like a Chief Financial Officer (CFO)
Why CMA India @ LSM
LSM is always the first choice in the field of business management and accounting training in Kerala with a rich history of more than 20+ years. The strength of Logic lies within the highly experienced and target oriented faculties available in all offline centers and online modes. Moreover, LSM is equipped with rich library facilities coupled with a specific training program to crack even the toughest exams in accounting and auditing streams. Due to the same reason, Logic School of Management (LSM) constantly produces Indian as well as world-based rank holders from almost all the courses it provides. Periodic assessment of each individual student and corresponding course corrections ensures greater results and satisfaction among students. For this reason, Logic School of Management commands respect and maintains a popular name in the management accounting and financial auditing field.
FAQ
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