cma India Institute in kochi and kozhikode | cma india
 

CMA (INDIA)

Course summery 

The Cost and Management Accountants (CMA India) course offered by Lakshya aims at building competence in students. The CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. The course offers training in particular fields of management accounting which will equip the students with a wide range of skills. If you aspire to lead the career of a Cost management accountant, this course is the right choice for you.

CMA IND course is offered by the Institute of Cost Accountants of India (ICAI). They are the premier institute in India for the profession of Cost Accountancy in the country. The course is structured in a very comprehensive manner and provides complete knowledge of the financial concepts. The course syllabus is based on international standards so that it is easy for certified CMA professionals to practice in many parts of the world.

Through our rigorous coaching, we strive to be the best among CMA India coaching centres in Kerala. The skills that they require to face the CMA IND examination is taught by experts from the same field itself. Our rigorous and progressive programme at all our CMA India coaching centres imparts strong subject matter. The coaching given by experts in the industry helps students in building the knowledge of basic theories, principles and procedures of finance and accounting. CMA India syllabus is designed to make the students efficient enough to be business leaders and to make strategic management decisions. A student who earns CMA certification means that he/she has problem-solving skills and technical knowledge better than their peer.

The Cost Management Accounting course which is offered by the Institute of Cost Accountants of India (ICAI). It is aimed at students who wish to pursue in the area of cost management accounting. Obtaining a CMA certification opens up an array of career opportunities. In fields such as financial manager, financial analyst, analyzer, controller, cost accountant, cost manager etc.

The course provides you in-depth knowledge in business management, accounting finance etc with the available resources. CMA professionals are destined to increase the value proposition for the companies in which they work. If you look at the CMA course curriculum, it inculcates and imbibes those skills in one student that helps him/ her to stay relevant and updated. In this era of changing and evolving technology, this would give an edge to your skills as a professional. As an internationally recognized certification, the CMA gives an advantage for you to pursue a wide range of career opportunities both in India and worldwide.

The CMA course is divided into three exam part - CMA Foundation, CMA Intermediate and CMA final.

Students also have the provision to do their CMA programme along with B.Com. The B.Com degree will be awarded by a UGC affiliated University.

The different course levels of CMA INDIA are:
  • CMA Foundation course
  • CA Intermediate
  • CA Final course

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CMA INDIA COURSE DETAILS
Course CMA INDIA
Full form The Cost and Management Accountant
Eligibility
  • CMA Foundation: Any plus two or equivalent
  • CMA Intermediate : CMA Foundation pass/ Graduate
  • CMA Final: CMA Intermediate pass
Duration
  • CMA Foundation: 7 Months
  • CMA Intermediate: 7 Months
  • CMA Final: 9 Months
Fee offered
  • CMA Foundation: ₹ 25,000
  • CMA Intermediate: ₹ 40,000
  • CMA Final: NA
Board/Course Type Course is offered by the Institute of Cost Accountants of India (ICAI).
Salary offered Cost and Management Accountant who is a fresher will receive an average pay-package of 8.8 lakhs per annum.
Employment opportunities A Cost and Management Accountant specializes in creating managerial decisions. They would get more engaged with analytics, forecasting, risk management, treasury activity etc.
For Enquiry : Please fill the enquiry form on the top of this screen( in mobile) and right side(in Desktop and Laptop).Our career specialist will contact you soon. or you  can call 9061277777

For Offline class admission: Admission fee ₹2000 ,to register Click Here

For Online class admission: Click here


CMA INDIA  foundation course details
The CMA foundation paper is the entry-level paper for the CMA course. In addition to learning about core management, strategy and accounting it also bring focus on the regulatory aspects. The examination is pen and paper-based which tests the conceptual clarity on each subject.

 

The test consists of four papers
  • Paper 1 - Fundamentals of Economics and Management
  • Paper 2 - Fundamentals of Accounting
  • Paper 3 - Fundamental of Laws and Ethics
  • Paper 4 - Fundamentals of Business Mathematics and Statistics
Entry requirements -
  • Any student who has passed their higher secondary examination under the 10+2 format can appear for the CMA foundation exam.
Quick information of CMA India Foundation next batch 
1 Next class start date: Admission continues
2 Entry requirements Any Plus two or equivalent
3 Campuses: Ernakulam, Calicut,Thrissur, Kannur
4 Course fee ₹25,000+GST
5 Admission fee ₹2000 
6 Discounts fee NA
For Enquiry : Please fill the enquiry form on the top of this screen( in mobile) and right side(in Desktop and Laptop).Our career specialist will contact you soon. or you  can call 9061277777

For Offline class admission: Admission fee ₹2000 ,to register Click Here

For Online class admission: Click here

 
 

CMA INDIA  intermediate course details

CMA intermediate is the second level of examination for students who are pursuing the CMA certification. The examinations are conducted twice a year (June & December).

The course consists of 2 groups of 4 papers each -
CMA: Inter Stage I-

  • Paper 5 - Financial Accounting
  • Paper 6 - Laws, Ethics and Governance
  • Paper 7 - Direct Taxation
  • Paper 8 - Cost Accounting and Financial Management

 

CMA Inter Stage - II

  • Paper 9 - Operation Management Information System
  • Paper 10 - Cost and Management Accounting
  • Paper 11 - Indirect Taxation
  • Paper 12 - Company Accounts and Audit
Entry requirements-
  • Students are required to have passed the CMA foundation paper before appearing for this exam.
  • Graduation in any stream other than arts
  • They must have completed communication and soft skills training
  • They are also required to complete 100 hours of computer training
 
Quick information of CMA India Intermediate next batch 
1 Next class start date: Admission continues
2 Entry requirements CMA Foundation pass/ Graduate
3 Campuses: Ernakulam, Calicut,Thrissur, Kannur
4 Course fee ₹40,000+GST
5 Admission fee ₹2000 
6 Discounts fee NA
For Enquiry : Please fill the enquiry form on the top of this screen( in mobile) and right side(in Desktop and Laptop).Our career specialist will contact you soon. or you  can call 9061277777

For Offline admission: Admission fee ₹2000 ,to register Click Here

For Online class admission: Click here

 


 
CMA Final course

The course consists of two groups and is divided as follows -

  •  Final Course, Group I -
  • Paper 13- Corporate Laws and Compliance
  • Paper 14- Advanced Financial Management
  • Paper 15- Business Strategy & Strategic Cost Management
  • Paper 16- Tax Management and Practice

 

Final Course, Group II -
  • Paper 17- Strategic Performance Management
  • Paper 18- Corporate Financial Reporting
  • Paper 19- Cost and Management Audit
  • Paper 20- Financial Analysis & Business Valuation

 

Entry requirements-
  • Qualify CMA India Intermediate examination (both groups)
  • Complete Industry oriented training programme
  • Complete prescribed practical training/ equivalent

Candidates who pass the CMA final examination are eligible to attain a Membership of ICAI. CMA Final students have to complete modular training for 15 days. And complete three years of practical training after the examinations to receive the membership. The necessary skills that are required for applying theoretical knowledge of subjects (cost and management accounting) into practical situations, students must be attending practical training compulsorily. This applies to different fields of work.

 


 
Objectives of the practical training
  • Providing exposure to environments under which different organizations work
  • Providing hands-on job experience including all the practical aspects of Cost and Management Accounting
  • Developing a disciplined attitude which is required by a CMA professional
  • Awareness of ethical values in professional work life

CMA India course duration -


CMA India Foundation level is a 7 months course. To appear for CMA intermediate course (both group) you require 6-7 months of coaching. Then to appear for CMA Final course (both group) 9 months of coaching and training is required. Practical training of a minimum of 18 months is necessary to appear for Final which is included in the 9 months. The qualification has covered all the topics in detail that will broaden the students' skills and they can use these skills to showcase their quality as a professional.

Career opportunities


CMAs are driving force in all economic activities, as they are the value creator, value enabler, value preserver and value reporter. High performing, fortune Multinational companies hire CMA professionals for a reason. A CMA will be able to get insights on the innovations and practical changes that are going to happen in the work industry. A Cost and Management Accountant specializes in creating managerial decisions. They would get more engaged with analytics, forecasting, risk management, treasury activity etc. They mainly work on areas like:

  • Stabilizing budgets and standards
  • Assessing operational efficiency and the effectiveness of production and service management
  • Identifying accountability for profit variance. 

Students must realize that the CMA India course certification will help them gain the relevant skillset, stay updated with the ever-evolving and ever-changing technology. Thus equipping them to be prepared for a better future. In today's scenario, organizations are left with no choice but to seek service from Cost Accountants who has specialized knowledge in business strategies. A cost accountants responsibilities mainly include implementing effective management and control systems. Also, planning costing systems, investment analysis, project management, internal audit, cost audit, pricing and planning, interpreting information and data related to business activities etc. These insights are used to guide the management team in taking the right decisions.

Cost accountants are in great demand in sectors like:

  • Government sector
  • Private sector
  • Banking & finance sector
  • Developmental agencies
  • Education
  • Training & research sector as well as in-service and public utility sectors

With specialized knowledge and training, CMAs may have a high possibility to hold a top management position. Both in public and private sectors’ enterprises. They are capable for positions like Managing Director, Finance Director, Financial Controller etc. There is a consistent demand for qualified, trained and experienced cost accountants in India. A qualified CMA can easily attain CMA India jobs in Kerala too. On the other hand CMAs can manage their own businesses too. It is found that they themselves can perform as efficient Managers, Accountant , finance contollers and thereby flourish in their business initiative. There is no doubt that a Cost Accountant can attain the highest positions of professional career.

CMA professionals have greater earning power. CMA India salary package offered for a Cost and Management Accountant who is a fresher, will be an average pay-package of 8.8 lakhs per annum. This will also depend upon the company and the meritorious status of the student. On the other hand there are other factors that determine a professionals value. With increase in one's experience, training and skills, they can expect salary up to 19 L per annum. It is definitely a truth that a CMA designation is a kind of future secured or future-proof designation which every commerce professional should hold in his/her career. This in turn will help them to survive in this dynamic corporate world.


Exam pattern


There are three stages in Cost & Management Accountancy (CMA India) profession in India offered by ICAI. CMA IND examination is held twice in a year, June and December respectively. Students are required to register in ICAI's official website. The candidates are allowed to pay the fees through online mode and offline mode. Whether it is the oral mode of coaching or the postal mode, the fee structure remains same and doesn’t really change that much.

The CMA Foundation is a pen paper bases examination conducted in offline mode. Students who have passed the 12th exam are eligible to appear in CMA Foundation. Exam Duration is three hours and number of questions will be 100 Descriptive type questions. Candidates will be given three hours time to complete the CMA Ind Intermediate course exam and each paper will be of 100 marks. Mode of Examination: 60% objective, 40% subjective. The Final Examination will be conducted in Offline, descriptive (Pen & Paper) mode only. Each paper will be of 100 marks and for 3 hours duration. The last dates for registration generally fall at least four months prior to the month in which examination is held.

Students who appear for both Groups of Intermediate or Final Examination with or without any exemption-

Must obtain at least 40 percent marks in each paper appeared. They also should obtain at least 50 percent marks in aggregate, taking both the Groups together
They shall be then be declared to have qualified CMA IND Intermediate Course or Final Course, as the case may be.

Admission for the CMA India course is open throughout the year. But the students who wish to appear for June term examination should apply before 31st January of that year. And students who wish to appear for December term examination should apply before 31st July of that year. The timing for applying remains the same usually every year. However, students are advised to check the update announcements on the website regularly.


CMA India course fee:
  • The coaching fee at Lakshya for CMA Foundation course(7 months) - 25,000+GST
  • The coaching fee at Lakhsya for CMA Intermediate course(7 months)- 40,000+GST
  • CMA India examination fee structure will be officially mentioned in ICAI's website.

 

 
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Key features
  • Rigorous coaching by prominent faculties helps students to learn and actively participate in the class
  • Excellent industry specific curriculum delivered by renowned and accomplished faculty.
  • Exhaustive practice tests and MCQ practice sessions to prepare students for exam.
  • State of the art learning facilities. Learning facilities with modern teaching aids acts as a helpful resource for both faculties and students. This gives the students a better learning experience
  • Travel and hostel facilities
  • Comprehensive teaching methods

Study CMA India courses in Kerala with the leading coaching institute and be a certified cost accountant

Why should I pursue CMA India?


Auditing and accounting field is perfect for commerce or business graduates or for science students who want to switch. It will provide an edge in your career trajectory and will help you stand out compared to your peers.

What are the job opportunities available for a student once they have completed the course?


CMAs are driving force in all economic activities, as they are the value creator, value enabler, value preserver and value reporter. High performing, fortune multinational companies hire CMA professionals for a reason. A CMA will be able to get insights on the innovations and practical changes that are going to happen in the work industry.

Cost Accountants are in great demand in sectors like:

  • Government sector
  • Private sector
  • Banking & finance sector
  • Developmental agencies
  • Education
  • Training & research sector as well as in-service and public utility sectors
What is the eligibility for CMA India course?


Any student who has completed their +2 exams is eligible to attend the CMA foundation exams. Graduates will get direct entry into the CMA inter exams and are exempted from writing the CMA foundation exams.

When are the CMA India exams held?


Exams are held in the months of June and December tentatively. Students should apply for the exams before 31st January for the June exams and July 31st for the December examinations.

What is the course fee for CMA India at Lakshya?


The fees for CMA foundation course is  ₹25,000 + GST, the fees for CMA Inter exams are 40,000 + GST.

Study CMA India with the leading coaching institute in Kerala and be a certified cost accountant

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