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.

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
  • Foundation examination (10 or equivalent)
  • Intermediate examination  (10+2 and Foundation Course)
  • Final examination (10+2 pass or equivalent)
Duration   3 to 4 years for CMA Course
Fee Offered for CS
  • Foundation examination=     Rs 4000
  • Intermediate examination=  Rs 20000
  • Final examination=               Rs 17000
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:

Intermediate examination Syllabus:

Final examination Syllabus:

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
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