A Certified Management Accountant (CMA) is a professional certification in the field of management accounting and financial management. CMAs are trained and certified to work in various aspects of financial management and strategic planning within organizations.
Becoming a Certified Management Accountant (CMA) in India involves several steps. Here's a short overview of the process:
Educational Qualifications: Ensure you have a bachelor's degree in any discipline from a recognized university.
Join the IMA: Become a member of the Institute of Management Accountants (IMA), which is the governing body for CMAs.
CMA Entrance Exam: Register for the CMA entrance exam conducted by IMA. Prepare for and pass both parts of the exam, CMA Foundation and CMA Intermediate.
Practical Training: Complete three years of practical training or work experience in a relevant field, supervised by a CMA or another qualified professional.
Final CMA Exam: After fulfilling the practical training requirement, register for and pass the CMA Final exam.
... Read MoreBecoming a Certified Management Accountant (CMA) in India involves several steps. Here's a short overview of the process:
Educational Qualifications: Ensure you have a bachelor's degree in any discipline from a recognized university.
Join the IMA: Become a member of the Institute of Management Accountants (IMA), which is the governing body for CMAs.
CMA Entrance Exam: Register for the CMA entrance exam conducted by IMA. Prepare for and pass both parts of the exam, CMA Foundation and CMA Intermediate.
Practical Training: Complete three years of practical training or work experience in a relevant field, supervised by a CMA or another qualified professional.
Final CMA Exam: After fulfilling the practical training requirement, register for and pass the CMA Final exam.
IMA Membership: Maintain your IMA membership and fulfill the continuing education requirements to stay current in the field.
Apply for Certification: Apply for the CMA certification with IMA after passing all required exams and meeting the experience criteria.
Ethics Course: Complete the IMA's ethics course.
CMA Title: Once you meet all the requirements, you can use the CMA title and become a Certified Management Accountant.
Ensure you have a bachelor's degree in any discipline from a recognized university.
ICMAI hold all the examination for CMA. To become a CMA in India candidates need to qualify CMA Foundation. After clearing the 1st stage, the candidates need to clear exams for CMA Inter Exam, the candidates also need articleship.
1- Attested Copy of Matriculation Certificate
2- Provide Attested copy of 10+2 Certificate or Marks Statement
3- 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application)
Graduates or Foundation qualified candidates are eligible to take Registration to the Intermediate Course of the Institute.
1- Passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India/ Graduation in any discipline other than Fine Arts/ Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute
2- Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2.
Registration for the ICAI course is open throughout the year However, Students desirous 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.
All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils / Chapters only.
1- Exposure to environments under which different organizations work.
2- Providing on-job experience of practical aspects of cost and management accounting.
3- Developing disciplined attitude required for a professional.
4- Creating awareness on ethical values in professional work.
After completing the US CMA course, one can work as a Finance Manager, Financial Analyst, Financial Controller, Internal Auditor, Relationship Manager, Cost Manager, Chief Financial Officer (CFO), and Cost Accountant.
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