Cost and Management Accountant is the cipher for CMA. If you achieve the tag of being a CMA, it bona fides your mastery of various fields like financial planning, analysis, decision making and professional ethics. ICAI is the body which regulates the course of CMA. Previously the body was known as ICWAI. CMA Certification is widely accepted in India as well as abroad. CEP which stands for Continuing Education Programme has been made compulsory by the Institute of Cost and Works Accountants India. This is structured for all the members to ensure that they are constantly updated over knowledge and ethics. The registration procedures for ICAI are open throughout the year. Broadly talking about the CMA Exam, it is conducted to test the knowledge of students over their comprehensive understanding on topics like, maintenance of balance between expenditure & means, cost and financial management and communication skills.
We at GuruVidya provide the students with coaching for CMA- Foundation, CMA-Intermediate and CMA-Final.
Going by the name; it is the underpinning that is the first entry level for qualifying as a CMA. Just like the CS exam, here also those students who have graduated can directly apply to the second level skipping this level.
Study material is provided by ICSI at the time of admission. The duration of this course is of twelve months. This is a blend of postal tuition and necessary coaching classes for a definite period. Graduates except those from fine arts directly sit for this exam.
The last stepping stone for all the able aspirants towards becoming Cost accountants. After clearing this final level, the job offered to CMA’s are quite remunerative and well august. There are nice employment opportunities in both the public as well as the private sector for all those who complete all the three levels along with the requisite training.