What is Cost Accountancy and what scope do Cost Accountants have?

A cost accountant acquires indepth knowledge in business strategies and acts a value enabler and is one of the key pillars for any business model. Cost Accountants are multifaceted professionals and as their studies revolve around accounting and scientific methods, they are well sought after in private sectors, Government sector, banking and finance, developmental agencies etc.

What are the Levels in completing the course?

Foundation – (Level 1)
Intermediate – (Level 2
Final – (Level 3)

What is my route map for completion?
Fast Track Normal Route
Register for CMA on qualifying 10th standard TimeLost –3 years
Appear in Foundation and +2 examination
Qualify Foundation and enroll for Intermediate Complete Under Graduation & Enroll for Inter
Complete 6 months of study Complete 6 months of study
Under go Communication and IT Training Under go Communication and IT Training
Appear and Clear both groups of Intermediate Appear and Clear both groups of Intermediate
Register for Final exams Register for Final exams
Complete Industry and Practical training Complete Industry and Practical training
Appear and Clear both groups of Final Appear and Clear both groups of Final
Enroll as member of ICMAI by 20 years Enroll as member of ICMAI by 23 years
What are my subjects and duration of the course in Foundation level?

Fundamentals of Economics and Management,Fundamentals of Accounting, Fundamentals of Law and Ethics and Fundamentals of Business Maths and Statistics (Each paper is for 100 marks).
Duration of the course is 6 months and exams in June & December every year.

What are the benefits of choosing Fast Track?

Save 3 years and start earning when you are 20years.
Currently initial salary is minimum of 6lakhs per annum.
Preparation for B.Com, BBA and other finance related courses becomes very easy.

FEES STRUCTURES

Subject Fees
Fundamentals of Economics and Management Rs: 25,000 . 00
Fundamentals of Accounting
Fundamentals of Law and Ethics
Fundamentals of Business Maths and Statistics
Individual paper coaching Rs: 7,500 . 00
Individual paper assessment Rs: 4,000 . 00
Subject Category Group Group wise Fees Total Fees
Financial Accounting Practical 1 Rs: 33,000 . 00 Rs: 60,000 . 00
Laws and Ethics Theory
Direct Taxation Practical
Cost Accounting Practical
Operations and Strategic Management Practical 2 Rs: 33,000 . 00
Cost & Mgmt Accounting and FM Practical
Indirect Taxation Practical
Company Accounts and Audit Practical
Individual Paper coaching Theory Any Rs: 8,000 . 00
Individual Paper coaching Practical Any Rs: 9,000 . 00
Individual Paper Assessment Any Rs: 5,000 . 00
Subject Category Group Group wise Fees Total Fees
Corporate Laws and Compliance Theory 1 Rs: 40,000 . 00 Rs: 75,000 . 00
Strategic Financial Management Practical
Strategic Cost Mgt. &Decision Making Practical
Direct Tax Laws and International Tax Practical
Corporate Financial Reporting Practical 2 Rs: 40,000 . 00
Indirect Tax Laws and Practice Practical
Cost and Management Audit Theory
Strategic Mgmt & Business Valuation Practical
Individual Paper coaching Theory Any Rs: 9,000 . 00
Individual Paper coaching Practical Any Rs: 10,000 . 00
Individual Paper Assessment Any Rs: 6,500 . 00

Registration process

A student is required to apply in the http://icmai.in/studentswebsite/Admission.php

For more details visit www.icmai.in

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