COST & MANAGEMENT ACCOUNTING (CMA)

CMA is a course introduced by the Institute of Cost Accountants of India (ICAI). It is a globally certified course in the field cost & management accounting. This course is one of the best courses for students, who wish to pursue a career in accounting. Cost Accounting Management programme designed equips students to work in different industries as accounting experts. The programme mainly focuses on financial management, auditing, financial statement analysis, working capital policies, taxation etc.

CMA course is gaining popularity among commerce students who are aspiring to become professionals in the accounting & finance sector. CMA is regarded as valuable professional course in accounting and aims to merge best accounting practises with business insights. CMA students can master the details of financial and management sections of businesses.Cost & Management Accountants essentially help businesses analyse costs and devise strategies for business growth. Well trained Cost & Management experts can work for various companies as Cost Auditors, Management Consultants, Business analysts, Cost advisors, Tax Consultants etc.Corporations are actively recruiting cost & management accountants for the successful management of their businesses.

For someone who wants to build a dream career in the accounting and financial management field, the CMA course would be a great choice.If you are also looking to join the CMA course, it is important for you to understand the course structure, eligibility criteria, syllabus and career prospects after completing the course.

CMA course is designed to nurture young minds into business leaders of tomorrow & hence choosing CMA as a career option is a great idea. Contemporarily, the CMA course is gaining immense popularity among commerce students, especially students who want to make it big in their career in the field of Cost and Management Accounting. If you are also curious to know about the course details, continue reading to find out full details about the CMA course in India. Note: Generally people tend to confuse between terms like ICWAI, ICWA, ICMAI and CMA. So to remove all your doubts, let us tell you that there is no difference between ICWAI and ICMAI except the name. ICWAI (Institute of Cost & Works Accountants of India) has changed its name to the ICMAI (Institute of Cost Accountants of India). Also, ICWA course has been renamed as CMA course.

CMA Course Duration

CMA course has three levels which are:

• Foundation
• Inter and
• Final