The Institute of Cost Accountants of India (ICMAI) conducts a Cost and Management Accountant (CMA) course in India. The course envisages educating students on the varying aspects of business management, fundamentals of accounting, business laws and ethical characteristics related to business operations. Cost and Management accounting facilitates in planning, controlling and monitoring the price and cost of service or product. CMA evaluates the efficiency of production as well as service management and operational efficiency by collection, compilation, organization, verification and analysis of information from various departments of an organization. CMA is a golden benchmark for management accountants.

Any student who has completed 10th or 12th can appear for CMA foundation exams. Graduation in any stream other than arts is exempted from CMA foundation exams. Such students can directly enrol into CMA Intermediate. Students are required to complete the computer training and soft skills training. Students who have successfully completed CMA Intermediate can apply CMA Final.The course is the entry gate to become a Cost and Management Accountant. The student with a business and management aptitude can do wonders during the course and on employment. Rather, we believe that each one of us has the quality to perform outstandingly if adequate coaching is provided.

Eligibility	12th or Degree
Stages	1) Foundation(CAT) 2) Intermediate 3) Articleship 4) Fina
Institute Registration fees 1) Foundation(CAT) 2) Intermediate 3) Final	10000 INR 20000 INR 25000 INR
Exam Fees 1) Foundation(CAT) 2) Intermediate 3) Final	2400 INR (Per Group) 2400 INR (Per Group)
Exam Window	Exam Window June & December

CMA Foundation is the entrance level for CMA course. Any student who completed 10th or 12th can appear for CMA Foundation. 4 papers are included in this stage:

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

CMA Intermediate consists of 2 groups of 4 papers each and the exams are conducted twice in a year.

Group - I

Paper 1- Financial Accounting

Paper 2- Laws, Ethics and Governance

Paper 3- Direct Taxation

Paper 4- Cost Accounting and Financial Management

Group - II

Paper 5 - Operation Management Information System

Paper 6 - Cost and Management Accounting

Paper 7 - Indirect Taxation

Paper 8 - Company Accounts and Audit

CMA Final consists of 2 groups of 4 papers each.

Group - III

Paper 1 –Corporate Laws & Compliance (CLC)

Paper 2 – Strategic Financial Management (SFM)

Paper 3 – Strategic Cost Management – Decision Making (SCMD)

Paper 4 – Direct Tax Laws and International Taxation (DIT)

Group - IV

Paper 5 – Corporate Financial Reporting (CFR)

Paper 6 – Indirect Tax Laws and Practice (ITP)

Paper 7 – Cost and Management Audit (CMAD)

Paper 8 – Strategic Performance Management and (SPBV) Business Valuation