How to Become CMA in India: Eligibility, Fees, Registration

Cost Accountancy is among the most sought after professions in India. For those looking for the answer for “How to become CMA in India”, read ahead. “The Institute of Cost Accountants of India would be the preferred source of resources and professionals for the financial leadership of enterprises globally.”

The Cost and Management Accountant professionals would ethically drive enterprises globally by creating value to stakeholders in the socio-economic context through competencies drawn from the integration of strategy, management and accounting.

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How to Become CMA in India

CMA First Stage – CMA Foundation Course

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. The last step towards becoming CA is the Final examination. You can check all the details about each course from the links below:

Eligibility for CMA Foundation Admission:

• A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
• Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.
• Incumbents waiting for the result can apply for provisional admission

CMA Foundation Registration Fees

Cost of Prospectus – Rs. 250/- CMA Fees Structure (Updated)

Particulars	Amount	Remark
Foundation	Rs 4,000/-	Payable on or before 31st January for June term and 31st July for December term of examinations

Documents Required for CMA Foundation Registration

Every Candidate require to submit or enclosed following documents with application form:

• Attested Copy of Matriculation Certificate
• Provide Attested copy of 10+2 Certificate or Marks Statement
• 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application)

(Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college)

Students desirous to apply for Registration ONLINE can Check Out for details

CMA Course Second Stage – CMA Intermediate Exam

Graduates or Foundation qualified candidates are eligible to take Registration to the Intermediate Course of the Institute.

Eligibility for CMA Inter Admission:

• 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
• Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2.
• List of other qualifying examination are given vides Annexure VI of prospectus.
• Incumbents waiting for the result can apply for provisional admission

Fees for CMA Inter Course

Check Out For complete fee details as per Syllabus 2016

Documents Required for CMA Inter Registration

Students desirous to apply for Registration ONLINE can Check Out for details

• Attested Copy of Matriculation Certificate
• Provide Attested copy of 10+2 Certificate or Marks Statement
• Attested copy of the degree
• 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application)

(Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college)

When to apply:

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.

Where to apply:

All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils / Chapters only.
Regional Councils and area covered by the region are given below:

Address of Regional Councils	Area Covered
Western India Regional Council “Rohit Chambers”,4th Floor Janmabhoomi Marg,Fort Mumbai – 400 001 Ph : 022-22872010/ 22841138/ 22043406/ 22043416 Fax : 91- 022- 22870763 Email: [email protected] Web site : www.icwai-wirc.org	The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli.
Southern India Regional Council 4, Montieth Lane, Egmore,Chennai – 600 008 Ph:044-28554443/28554326/28528219 Fax : 91- 044- 28554651 Website: www.sircoficwai.com Email: [email protected]	The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep
Eastern India Regional Council 84, Harish Mukherjee Road,Kolkatta – 700 025 Ph : 033 -24553418 /24555957 Fax : 91 033-2455-7920 Email: [email protected]	The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.
Northern India Regional Council 3, Institutional Area, Lodi Road,New Delhi – 110 003 Ph : 011 – 24626678 / 24615788 Fax : 24622156 Email: [email protected]	The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh.
Candidates of Intermediate and Final Examinations are allowed to exercise option for answering questions in Hindi Students opting for oral coaching should contact respective Regional Council office or Chapters

CMA New Syllabus 2016

Check Out to check CMA Foundation, Inter & Final New Syllabus 2016

CMA Final Registration

Eligibility criteria and fees.

Eligibility	Fees(Oral)	Fees(Postal)	Students would be eligible to appear in Examination from
Passed Intermediate	17000/-	17000/-	Dec 2020

Documents Required For CMA Final Registration

Eligibility for Final Course	Minimum documents must be uploaded
1) Regular	a) Passport Photo b) Specimen Signature c) Age Proof d) 10th Pass Marksheet. e) 12th Pass MarkSheet. f) CMA Intermediate Pass (both Group-I & Group-II) Marksheet/Certificate

• Students opting Oral Coaching mode can attend Oral coaching classes at Chapter/Regional Councils of the institute selected by them.
• Students opting Postal Coaching mode shall have to submit answer to Postal test papers only. For attending special classes you may contact any Chapter/Regional Council of the institute as per your convenience.

CMA Final Online Registration

CMA Practical Training Scheme

• To develop among the students the necessary skill required to apply theoretical knowledge of cost and management accounting to practical situations in different professional fields.
• Exposure to environments under which different organizations work.
• Providing on-job experience of practical aspects of cost and management accounting.
• Developing disciplined attitude required for a professional.
• Creating awareness on ethical values in professional work.

Who are to undergo Practical Training

Every student having registered under Revised Syllabus 2008/Syllabus 2012, shall be required to undergo practical training for a period of 3 years on whole time basis to the satisfaction of council in any one or more of the organization specified in Appendix A, and in areas as specified in Appendix B for the recognition for training.

However, students for being eligible to make an application to appear in the final examination must

• complete at least 6 months of Practical Training in any one or more of the organization specified in Appendix A, and in areas as specified in Appendix B; “or”
• must have an experience of at least 6 months in any one or more of the organization specified in Appendix A, and in areas as specified in Appendix B , “or”
• enroll for the I- CMA Training Module as indicated in Appendix C

CMA Training Structure