studies@icmai.

in
Toll Free: 1800 345 0092 / 1800 110 910

CMA COURSE
MENTORING FUTURE-READY PROFESSIONALS

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA

(Statutory Body under an Act of Parliament)
www.icmai.in

Headquarters
CMA Bhawan, 12 Sudder Street, Kolkata - 700016

Delhi Office
CMA Bhawan, 3 Institutional Area, Lodhi Road, New Delhi - 110003

Behind every successful business decision, there is always a CMA

ABOUT THE INSTITUTE
www.icmai.in
 The Institute as a part of its obligation, regulates the profession of Cost and Management
Accountancy, enrols students for its courses, provides coaching facilities to the
students, organises professional development programmes for the members and
undertakes research programmes in the field of Cost and Management Accountancy.

 The Institute pursues the vision of cost competitiveness, cost management, efficient use
of resources and structured approach to cost accounting as the key drivers of the
profession.

 With the current emphasis on management of resources, the specialized knowledge of

evaluating operating efficiency and strategic management the professionals are known
as ''Cost and Management Accountants (CMAs)''.

 The Institute is under the administrative control of Ministry of Corporate Affairs,

Government of India.

 The Institute is a founding member of the International Federation of Accountants (IFAC),

the Confederation of Asian & Pacific Accountants (CAPA) and the South Asian Federation
of Accountants (SAFA).

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HISTORICAL BACKGROUND
www.icmai.in
 The Institute of Cost Accountants of India was first formed as a registered limited
company in the year 1944 with the initial objective of promoting, regulating and
developing the profession of Cost Accountancy in the country. The Institute was
specially asked by the Government, to vet the Cost Plus Contracts of Armed Forces
during World War II period.

 Post Independence, the Institute got statutory recognition when the Parliament of
India enacted "The Cost and Works Accountants Act" (Act No. 23rd of 1959), a
special Act, on May 28, 1959 to accord statutory recognition as a premier professional
Institute with the objectives of promoting, regulating and developing the profession of
Cost and Management Accountancy.

 In 2012, the name of the Institute was changed from “The Institute of Cost and
Works Accountants of India (ICWAI)” to The Institute of Cost Accountants of India
(ICAI).

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MISSION, VISION AND MOTTO
MISSION
CMA professionals would
ethically drive enterprises
globally by creating
value to stakeholders in
the regulatory context
through competencies
drawn from the
integration of strategy,
management and
accounting acquired
through focused training
and continuous
education.
Behind every successful business decision, there is always a CMA
VISION
CMAs would be the
preferred source of
resources and
professionals for the
Financial Leadership of
enterprises globally
MOTTO www.icmai.in
असतोमा सद्गमय
तमसोमा ज्योततर ् गमय
मत्ृ योमाामत
ृ ं गमय
ॐ शान्तत शान्तत शान्ततिः
From ignorance, lead me to truth
From darkness, lead me to light
From death, lead me to immortality
Peace, Peace, Peace
4
OBJECTIVES
www.icmai.in
 Develop the Cost and Management Accountancy
function as a powerful tool of management control.

 Promote and develop scientific methods in cost and

management accountancy.

 Develop the professional body of members and

equip to discharge their functions and fulfill the
objectives of the Institute in the context of the
developing economy.

 Keep abreast of the latest developments in the cost

and management accounting principles, practices.

Behind every successful business decision, there is always a CMA 5

OBJECTIVES
www.icmai.in
 Exercise supervision for the entrants to the profession and to ensure strict
adherence to the best ethical standards by the profession.

 Organize seminars and conferences on subjects of professional interest

across country for cross-fertilization of ideas for professional growth.

 Conduct research and publication activities covering various economic

spheres.

 Publishing of books and booklets for spreading information of

professional interest to members in industrial, education and commercial
units in India and abroad for overall development and sustaining the Cost
& Management Accounting profession.

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INSTITUTE IN GLOBAL SCENARIO
www.icmai.in

Largest
CMA Body in Asia

2nd Largest
CMA Body in the World

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INSTITUTE NETWORK
www.icmai.in
5,00,000+
85,000+ CMA Students
Qualified CMA Professionals
Headquarters at Kolkata
with another office at
133 New Delhi
Exam Centres (Including
Overseas Exam Centres)
4
Regional Councils at Kolkata,
Chennai, Delhi & Mumbai
434
Recognized
Oral Coaching Centres
107
Chapters across the Country

51 10
CMA Support Centres
2 Overseas Centres
Centres of Excellence

Behind every successful business decision, there is always a CMA 8

CORE STRENGTHS OF CMA PROFESSION
www.icmai.in

Building Cost Enterprise Effective Regulatory Management

Effectiveness Governance Landscape Control Systems

Business Analytics,
Cost-Benefit Direct & Indirect Tax
Strategy & Benchmarking
Analysis Management
Sustainability

Auditing & Business Valuation Cost & Management Financial

Assurance & Product Pricing Accounting Management

Behind every successful business decision, there is always a CMA 9

CMA COURSES
www.icmai.in

CMA
COURSES
Behind every successful business decision, there is always a CMA 10
WHY CMA
www.icmai.in
 INDUSTRY NEEDS - SKILLED AND
EMPLOYABLE PROFESSIONALS
 CMA qualification enhances employable skills
through technical and industrial exposure
 CMA qualification enhances employability at
various sectors
 GAIN EXPERT KNOWLEDGE IN COSTING,
ACCOUNTING, COMPLIANCE, TAXATION,
STRATEGIC DECISION-MAKING SKILLS
 CMA PROFESSIONALS EFFECTIVELY
 Manage funds and resources
 Facilitate stability, sustainability, growth of
organization
 PURSUING CMA COURSE ENSURES
 Increased earning potential - Service or Profession
 Earn while you learn
 Entrepreneurship skill development

Behind every successful business decision, there is always a CMA 11

CMA SYLLABUS - SALIENT FEATURES
www.icmai.in

 Based on IFAC (INTERNATIONAL FEDERATION

OF ACCOUNTANTS) Guidelines
 Skill Sets – KNOWLEDGE, COMPREHENSION,
APPLICATION, ANALYSIS, SYNTHESIS and
EVALUATION
 Knowledge Pillars – Management, Strategy,
Regulatory Function and Financial Reporting
 Mapped with Curriculum of International Bodies
 Aligned with UGC Curriculum
 Aligned with State Boards/ Central Boards for
Foundation Course
 As per Industry Requirements

Behind every successful business decision, there is always a CMA 12

CMA COURSE - NOTABLE FEATURES
www.icmai.in
 CMA Course can be even completed within
2 years and a half from the Foundation
Course route

 Course for working personnel - Earn while

you Learn

 Can be studied along with any other

academic / professional courses

 Ready to serve Industry even being a

Foundation / Intermediate qualified

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ELIGIBILITY CRITERIA FOR CMA COURSE
www.icmai.in

Foundation Intermediate Final

• Class 10 or • CMA Foundation • CMA Intermediate
Equivalent Pass • CAT
(minimum criteria • Graduate
for Admission)
• ICSI Foundation
• 10+2 or Equivalent
• Qualified
(for appearing
Engineers/Pursuing
Examination)
Engineering Course
• ICAI Intermediate

For more details, please visit: www.icmai.in

Behind every successful business decision, there is always a CMA 14

 CMA CURRICULUM

FOUNDATION COURSE INTERMEDIATE COURSE FINAL COURSE www.icmai.in

Paper 1 : Fundamentals Economics

Group 1 Group 3
and Management (FEM)
Paper 2 : Fundamentals of Accounting
Paper 5 : Financial Accounting (FAC) Paper 13 : Corporate Laws & Compliance (CLC)
(FOA)
Paper 3 : Fundamentals of Laws &
Paper 6 : Laws & Ethics (LNE) Paper 14 : Strategic Financial Management (SFM)
Ethics (FLE)
Paper 4 : Fundamentals of Business Paper 15 : Strategic Cost Management-Decision
Paper 7 : Direct Taxation (DTX)
Mathematics & Statistics (FBMS) Making (SCMD)
Paper 16 : Direct Tax Laws and International
Paper 8 : Cost Accounting (CAC)
Taxation (DTI)
Group 2 Group 4
Paper 9 : Operations Management & Strategic
Paper 17 : Corporate Financial Reporting (CFR)
Management (OMSM)

Paper 10 : Cost & Management Accounting and

Paper 18 : Indirect Tax Laws & Practice (ITP)
Financial Management (CMFM)

Paper 11 : Indirect Taxation (ITX) Paper 19 : Cost & Management Audit (CMAD)
Paper 20 : Strategic Performance Management
Paper 12 : Company Accounts and Audit (CAA)
and Business Valuation (SPBV)

Behind every successful business decision, there is always a CMA 15

WORLD CLASS TRAINING FACILITIES FOR CMA STUDENTS
www.icmai.in

INTERMEDIATE LEVEL
 SAP Training - 60 hours*
 Soft & Techno Skill Training - 80 hours*
 Practical Training**
FINAL LEVEL
 Industry Oriented Training Program
 Practical Training**
*Additional knowledge support
**15 months
Behind every successful business decision, there is always a CMA 16
WORLD CLASS EMPLOYABILITY AND TECHNO SKILL TRAINING
www.icmai.in

SAP TRAINING - 60 Hrs

 SAP Finance Power User Course

 SAP Learning Hub

 Global Certification

Behind every successful business decision, there is always a CMA 17

WORLD CLASS EMPLOYABILITY AND TECHNO SKILL TRAINING
www.icmai.in

EMPLOYABILITY & SOFT SKILL

TRAINING - 80 Hrs
 Microsoft Education & Certification

 Cambridge University Education &

Certification

 E – Filing

Behind every successful business decision, there is always a CMA 18

WORLD CLASS EMPLOYABILITY AND TECHNO SKILL TRAINING
www.icmai.in

KNOWLEDGE SUPPORT - 60 Hrs

 Live Online Class

 Recorded Class

 Webinars

 Projects

 Assignments

Behind every successful business decision, there is always a CMA 19

WORLD CLASS EMPLOYABILITY AND TECHNO SKILL TRAINING
www.icmai.in

PERFORMANCE MONITORING &

ASSESSMENT

PRACTICAL TRAINING
- 15 MONTHS

Behind every successful business decision, there is always a CMA 20

CMA STUDENTS STATISTICS 2019-2020
www.icmai.in

More than 60,000 Students taken Admissions in

CMA Courses during 2019-2020

More than 1,00,000 Students appeared in

CMA Examinations during 2019-2020

Behind every successful business decision, there is always a CMA 21

CMA EXAMINATION RESULT
www.icmai.in

CMA EXAMINATION RESULT

DECEMBER 2019 TERM (PASSED BOTH GROUPS)

COURSE PASS PERCENTAGE (%)

 FINAL 18.97

 INTERMEDIATE 24.10

 FOUNDATION 79.35

Behind every successful business decision, there is always a CMA 22

CMA COURSE FEES
www.icmai.in
COURSE FEES **
COURSES* (Excluding Examination Fees)
INLAND FOREIGN

FOUNDATION INR 6,000/- $250

INTERMEDIATE INR 22,000/-*** $1,100

FINAL INR 25,000/-*** $800

*Oral / Postal mode
**w.e.f. 11th August 2020
*** Installment facility available

“Total Cost of CMA Course” is even LESS than

“Interest Cost p.a. on Loan”
taken for Higher Education Purpose &
Lowest among all Professional Courses
Behind every successful business decision, there is always a CMA 23
FINANCIAL AIDS & SCHOLARSHIPS
www.icmai.in

(A) Scheme to Provide Financial

Assistance to Economically Challenged
cum Meritorious Students

(B) Refund / Waiver of fees paid by

Physically Challenged Students

(C) Government Scholarship Schemes

(D) Minority Scholarship Scheme

Behind every successful business decision, there is always a CMA 24
CAREER OPPORTUNITIES FOR CMAs
www.icmai.in

CAREER
OPPORTUNITIES

Behind every successful business decision, there is always a CMA 25

CAREER OPPORTUNITIES FOR CMA PROFESSIONALS
www.icmai.in

Career Opportunities for

CMAs

Service Practice Start-up

Industry Academia

Behind every successful business decision, there is always a CMA 26

CMAs – JOB OPPORTUNITIES
www.icmai.in
Identified Areas
Administrative Services
 Cost & Management Accounting
 Finance & Accounts  Indian Administrative
 Taxation Services (IAS)
 Internal Control & Auditing
 Treasury & Investment
 Indian Revenue
Management Services (IRS)
 Project Management  Indian Foreign Services
 Financial/ Business Analyst (IFS)
 Systems Analysis & Management
 Indian Economic
 Academia
 Banking
Services (IES)
 Resources Management  Indian Cost Accounting
 Risk Management Services (ICAS)
 Financial Reporting & Strategies  Indian Audit & Accounts
and many more ……
Services (IAAS), etc.
Behind every successful business decision, there is always a CMA 27
IMPORTANT JOB ROLES OF CMAs
 CMD www.icmai.in

 CEO
 COO
 Director - Finance
 Vice President - Finance
 Head of Finance
 Strategic Head
 Cost Advisor
 Finance Controller
 Cost Controller
 Risk Managers
 Business Analyst
 Research Analyst
 Dean/ Professor of Finance
 and many more .....
Behind every successful business decision, there is always a CMA 28
CMA PROFESSIONALS – OPPORTUNITIES FOR PRACTICE
www.icmai.in
 Cost Auditor
 Internal Auditor
 Valuation and Audits under GST
 Insolvency Professional
 Registered Valuer
 Loss Assessor, Surveyor
 Tax Consultants and Tax Practitioner
 Arbitrator
 Advisor on Funds Management
 Financial Services
 Information System Audit, Forensic Audit
 Certification under SEZ, EOU, Foreign Trade Policies
 Consultancy Services
 and many more ….

Behind every successful business decision, there is always a CMA 29

CMA CAMPUS PLACEMENT TITBITS
www.icmai.in

 Over 60% of the students are recruited in

campus in both Public & Private Sector
Organizations

 Average Pay-package INR 8 lakh p.a.

 Highest Pay-package offered to fresh
qualified CMAs INR 20 lakh p.a.

 Off-campus placement rates are ranging

between 85 – 90%

Behind every successful business decision, there is always a CMA 30

CMA CAMPUS PLACEMENT INITIATIVES
www.icmai.in

And Many More …….

Behind every successful business decision, there is always a CMA 31
 STUDENTS' CONNECT PORTAL
The Directorate of Studies of the Institute www.icmai.in
has made a unique initiative of bringing all
the e-services available to the CMA Students' E-Services
Students under one cover in this new
portal “Students' Connect”. Students will
find this portal very effective to search and
connect various students-centric e-services
already available to them. Students can
now view, search and explore all students Students' E-Services Webinars for Students E-Learning
related e-services in one place, be it an [Academic & Administrative] Knowledge Series
administrative or an academic service.
New services are placed under “New
Arrivals”. Students will enjoy navigating all
sorts of e-services from anywhere and the
students will take maximum benefit out of
it. Moreover, officials are always there to
assist and guide the students in case of E-Class Library E-Library Mock Test Portal
any help.

And many more .....

Behind every successful business decision, there is always a CMA 32

BEYOND CMA COURSE
www.icmai.in

BEYOND
CMA COURSE

Behind every successful business decision, there is always a CMA 33

ADVANCED STUDIES COURSES
www.icmai.in

Behind every successful business decision, there is always a CMA 34

ADVANCED STUDIES COURSES
www.icmai.in

Behind every successful business decision, there is always a CMA 35

ADVANCED STUDIES COURSES (FORTHCOMING)
www.icmai.in

Behind every successful business decision, there is always a CMA 36

TAXATION COURSES
www.icmai.in
 CERTIFICATE COURSE ON GST

 ADVANCED CERTIFICATE COURSE ON GST

 CERTIFICATE COURSE ON TDS (DIRECT TAX)

 CERTIFICATE COURSE ON RETURN FILLING (INCOME TAX)

 CRASH COURSE ON GST FOR COLLEGE AND UNIVERSITY

 ADVANCED COURSE ON GST AUDIT AND ASSESSMENT

PROCEDURE

 ADVANCED COURSE ON INCOME TAX ASSESSMENT AND APPEAL

Behind every successful business decision, there is always a CMA 37

BFSI COURSES
www.icmai.in

 CERTIFICATE COURSE ON CONCURRENT AUDIT OF BANKS

 CERTIFICATE COURSE ON CREDIT MANAGEMENT OF BANKS

 CERTIFICATE COURSE ON TREASURY AND INTERNATIONAL

BANKING

Behind every successful business decision, there is always a CMA 38

VALUATION COURSES – ICMAI REGISTERED VALUERS ORGANISATION

www.icmai.in

Behind every successful business decision, there is always a CMA 39

INSOLVENCY PROFESSIONAL COURSES
www.icmai.in

Behind every successful business decision, there is always a CMA 40

CMA CHAPTER NETWORK
Western Region Chapters
Ahmedabad I Aurangabad I Baroda I Bharuch-
Ankleshwar I Bhilai I Bhopal I Bilaspur I Goa I Indore-
Dewas I Jabalpur I Kalyan-Ambernath I Kolhapur-
Sangli I Kutch Gandhidham I Nagpur I Nashik-Ojhar I
Navi Mumbai I Pimpri-Chinchwad-Akurdi I Pune I
Raipur I Singrauli I Solapur I Surat-South Gujarat I
Vapi-Daman-Silvassa I Vindhyanagar
Eastern Region Chapters
Agartala I Asansol I Bankura I Bhubaneswar I Bokaro
Steel City I Chandrapura I Cuttack Jagatsinghpur
Kendrapara I Dhanbad-Sindri I Duliajan I Durgapur I
Guwahati I Hazaribag I Howrah I Jajpur -Keonjhar I
Jamshedpur I Kharagpur I Muzaffarpur I Naihati -
Ichapur I Patna I Rajpur I Ranchi I Rourkela I
Sambalpur I Serampore I Siliguri-Gangtok I South
Odisha I Talcher-Angul
Behind every successful business decision, there is always a CMA
www.icmai.in
Southern Region Chapters
Bengaluru I Bhadravati-Shimoga I Cochin I Coimbatore I
Erode I Godavari I Hosur I Hyderabad I Kottayam I
Kozhikode-Malappuram I Madurai I Mangalore I Mysore
I Nellai-Pearl I Nellore I Neyveli I Palakkad I Pondicherry
I Ranipet-Vellore I Salem I Thrissur I Tiruchirappalli I
Trivandrum I Ukkunagaram I Vijayawada I
Visakhapatnam
Northern Region Chapters
Agra-Mathura I Ajmer-Bhilwara I Allahabad I Beawar I
Bikaner Jhunjhunu I Chandigarh-Panchkula I Dehradun I
Faridabad I Ghaziabad I Gorakhpur I Gurgaon I Hardwar-
Rishikesh I Jaipur I Jalandhar I Jammu I Jhansi I Jodhpur I
Kanpur I Karnal-Panipat I Kota I Lucknow I Ludhiana I
Meerut I Naya Nangal I Noida I Patiala I Saharanpur I
Srinagar I Udaipur
41
CMA REGIONAL COUNCIL OFFICES
WESTERN INDIA REGIONAL COUNCIL
"Rohit Chambers"
4th Floor, Janmabhoomi Marg
Fort Mumbai - 400 001
Ph : 022-22043416, 22841138, 22043406
Fax : 91- 022- 22870763
Email: wirc@icmai.in
Website: www.icmai-wirc.in
EASTERN INDIA REGIONAL COUNCIL
84, Harish Mukherjee Road
Kolkata - 700 025
Ph : 033 -24553418 , 24555957, 64563600
64563601, 64563602, 64563603
Fax : 91 033-2455-7920
Email: eirc@icmai.in
Website: http://eircoficmai.com/
Behind every successful business decision, there is always a CMA
www.icmai.in
SOUTHERN INDIA REGIONAL COUNCIL
CMA Bhawan
4, Montieth Lane
Egmore, Chennai - 600 008
Ph : 044-28554443, 28554326
Fax : 91- 044- 28554651
Email: sirc@icmai.in
Website: http://sircoficmai.in
NORTHERN INDIA REGIONAL COUNCIL
CMA Bhawan
3, Institutional Area, Lodi Road
New Delhi - 110 003
Ph: 011- 24615788,24626678, 24623792, 24623793
Tele-Fax: 91-11-24644630
Email: nirc@icmai.in
Website: http://nirc-icmai.in
42
CMA OVERSEAS CENTRES
www.icmai.in

Bahrain Botswana Canada Dubai

Overseas Centre Overseas Centre Overseas Centre Overseas Centre

Muscat Nepal Singapore Tanzania

Overseas Centre Overseas Centre Overseas Centre Overseas Centre

Washington Zambia
Overseas Centre Overseas Centre

Behind every successful business decision, there is always a CMA 43

GLIMPSES – PRESS COVERAGE
www.icmai.in

Financial Express, August 2020 The Hindu, August 2020

Behind every successful business decision, there is always a CMA 44
 CMA
BE A
BE A PROUD INDIAN

BE AN ENABLER
FOR
SELF-RELIANT INDIA

Behind every successful business decision, there is always a CMA 45

 WELCOME TO CMA FAMILY

Thank You!
DIRECTORATE OF STUDIES
studies@icmai.in THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
(Statutory Body under an Act of Parliament)
Toll Free: 1800 345 0092 / 1800 110 910 www.icmai.in
Headquarters: CMA Bhawan, 12 Sudder Street, Kolkata - 700016
Ph: 091-33-2252 1031/34/35/1602/1492
Delhi Office: CMA Bhawan, 3 Institutional Area, Lodhi Road, New Delhi - 110003
Ph: 091-11-24666100

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