CMA Course Details 2021 – Eligibility, Duration, Fee, Jobs & Salary
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Certified Management Accountant certification is a licensed credential that can be received in the advanced management accounting and financial management fields. The CMA Certification offered by the Institute of Cost Accountants of India (ICAI)
CMA Full Form is Certified Management Accountant
ICAI Full form is Institute of Cost Accountants of India
Also, Read the following concepts for more information on course details.
- CA Inter Course details – Registration, Eligibility, Fee, Syllabus
- CA Foundation Course details – Registration, Eligibility, Fee, Syllabus
- CS Course Details- Fee, Eligibility, Duration, Job & Salary
About ICAI
The Institute of Cost Accountants of India (ICAI) is the only licensing cum regulating body of Cost and Management Accountancy profession in India. ICAI works jointly with the industries, various departments of Government of India, State Governments in India. The Official Website of ICAI is The Institute of Cost Accountants of India
CMA Certification follows the completion of three levels by ICAI Council
- Foundation examination
- Intermediate examination
- Final examination
CMA Course Details
| Course | CMA |
| Full form | Certified Management Accountant |
| Eligibility |
|
| Duration | 3 to 4 years for CMA Course |
| Fee Offered for CS |
|
| Course Type | Certification |
| Starting salary | Rs 3 lakhs to Rs 5 lakhs per annum |
| Advance Courses | |
| Similar Course | CA, CS |
| Employment opportunities | Financial Controller, Financial Accounting Manager, Senior Finance Manager |
The certification procedure for CMA Course
CMA Certification to Three Level courses the ICAI course is open throughout the year candidates anxious to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year.
CMA Course Details – Eligibility and Duration
The CMA Course Duration is 3 to 4 years to qualify for three levels of CMA Foundation, CMA Intermediate, CMA Final. The following are three levels Eligibility and Registration
Foundation examination
The Eligibility for CMA Foundation Course is 10th or equivalent
- Students wishing to appear for June Term Examination should apply before 31st January of that year
- For December Term Examination should apply before 31st July of that year.
Intermediate examination
The Eligibility for CMA Intermediate Examination is 10+2 and also Complete the Foundation Course
- Students Wishing to appear for June Term Examination should apply before 31st January of that year
- For December Term Examination should apply before 31st July of that year.
Final examination
The Eligibility for CMA Final Examination is 10+2 pass or equivalent.
- Students wishing to appear for June Term Examination should apply before 31st January of that year
- For December Term Examination should apply before 31st July of that year.
CMA Course details – Fee Structure
The following table is the Fee Structure of three levels of CMA Course as in Oral and Postal.
| Course | Fees (Oral) | Fees (Postal) |
| Foundation Course | Rs.4000 | Rs.4000 |
| Intermediate Course | Rs.20000 | Rs.20000 |
| Final Course | Rs.17000 | Rs.17000 |
Syllabus of Concepts in CMA Course
The following links are the Syllabus and registration procedure for the CMA Course of three Level Examination.
Foundation examination Syllabus:
- Fundamentals of Economics and Management
- Fundamentals of Accounting
- Fundamentals of Laws and Ethics
- Fundamentals of Business Mathematics and Statistics
Intermediate examination Syllabus:
- Financial Accounting
- Laws and Ethics
- Direct Taxation
- Cost Accounting
- Operations Management & Strategic Management
- Cost & Management Accounting and Financial Management
- Indirect Taxation
- Company Accounts & Audit
Final examination Syllabus:
- Corporate Laws & Compliance
- Strategic Financial Management (SFM)
- Strategic Cost Management – Decision making
- Direct Tax Laws and International Taxation
- Corporate Financial Reporting
- Indirect Tax Laws and Practice
- Cost and Management Audit
- Strategic Performance Management and Business Valuation
The Job Opportunities For CMA Course
- Managerial accountant
- Assistant Manager
- Deputy Manager
- Manager-Taxation
- Cost Accountant
- Cost Auditor
CMA Course Certificate Holder Can Become
- Financial Analyst
- Internal Auditor
- Senior Executive
- Finance Manager
- Business Analyst
- Pricing Analyst
- Director- Finance
- Chief Financial Officer
Earnings of CMA Certificate holder
The following table has the data of the CMA Certificate holder Earnings Qualification, Age limit and Post he Appointed.
| Post | Qualification | Age Limit | Salary Offered |
| Managerial accountant | Final | None | 25000 |
| Accountant | Final | 25-30 | 25000 |
| Manager-Taxation | Final | 50 | 35000 |
| Cost Auditor | Final | 20 + | 18000- 22000 |
| Management Trainee | Intermediate | 20-30 | 10000 per Month |
| Cost & Finance Trainee | Stage I or II Pass | 30 | 6000 |
| Accountant | Stage I or II Pass | 18-26 | 6000-7000 |
| CMA TRAINEE | Intermediate | 28 | 6000-7000 |
| CMA TRAINEE | Stage I or II Pass | 28 | 7000 |
| Financial, Taxation, ROC Trainee | Stage I or II Pass | 25 | 3500-4500 |
| Costing Trainee | Intermediate | 25 | 10000 |
| Finance Trainee | Intermediate | 18 – 25 | 3000-6000 |
| Cost Auditor | III or IV Stage | 20 years+ | 7500-10,000 |
| COST TRAINEE | Stage I or II Pass | 18+ | 3500 |
| Cost Assistant | Stage I or II Pass | 26 | 3000-6000 |
- For more information, you can go through below topics
- CMA Foundation Syllabus
- CMA Foundation Study Material
- CMA Foundation Registration
- CMA Foundation Time Table
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