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CMA course details

COST AND MANAGEMENT ACCOUNTANY

ICWAI is a statutory body under an act of parliament..
A professional course of becoming a CMA..

If you are interested to become a Cost Management Accountant…. then ICWAI will be one of the best course for you as per your interest.
The Institute of Cost Accountants of India (ICAI) formerly known as ICWAI (Institute of Cost & Works Accountants of India) is a premier institution of India which offers education and develops the profession of Cost Accountancy in the country.
At present ICWA course has been renamed to CMA which stands for Cost Management Accounting. This course provides you an in-depth knowledge to manage business within the available resources. As a cost accountant, you have to collect and analyze the financial information from all the areas of a company.
This course comprises of three stages, i.e. CMA Foundation, CMA Intermediate and CMA Final.

Skills Required for a Cost Accountant:

  • You should be able to manage cost accounting procedures & methods.
  • You must have a good knowledge of standard concepts, procedures, and practices in the related field.
  • You should be able to perform several tasks and must have good presentation skills.

Eligibility and Duration

What is the eligibility to pursue ICWAI & Cost Accounting courses?
The ICWAI course has been divided into three stages which are Foundation, Intermediate, and Final. The detailed information about these stages are mentioned below:

Course Duration:

ICWAI Foundation: Minimum 8 months duration.
ICWAI Intermediate: Minimum 10 month duration.
ICWAI Final: Minimum 18 months duration.

Course Eligibility:

ICWAI Foundation: To apply for this course, students must have passed 10th or equivalent from any recognized institution or board. Candidates who have passed or appearing in 12th are also eligible to apply. Candidates must have completed the age of 17 years.
ICWAI Intermediate: Students must have passed the Senior Secondary School Examination (10+2) and Foundation Course/ Graduation in any discipline other than fine arts.
ICWAI Final: You can apply for this course after qualifying the ICWAI  Intermediate course from the institution.
ADMISSION:
Admissions will be based on ICWAI entrance examination organized by the Institute of Cost Accountants of India (ICAI) i.e. Foundation, Intermediate, and Final exam. These examinations conducted two times in a year, i.e. June and December.
Students who are seeking for applying for the entrance examinations in December month are needed to apply latest by 30th June of the similar year. Those students want to apply for exams in June month are needed to apply by 31st December of the previous year.

ICWA Registration Fee:
  • ICWA Foundation Course – Rs. 4000/-
  • ICWA Intermediate Course – Rs. 20000/-
  • ICWA Final Course – Rs. 17000/-

"Behind every successful business decision, there is always a  CMA"!

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