Ocassio Accounting Academy LLP, Koppan's Mall Pattambi, Pin 679306
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CMA India
CMA - Cost and Management Accounting
A Cost and Management Accountant is a professional specialization in navigating managerial decisions, stabilizing budgets and standards, assessing operational efficiency and the effectiveness of production and service management. Obtaining the CMA certification is a wonderful career move; it opens up a gateway to opportunities to excel in the field of finance and management both in India and overseas. It leads to higher chances of landing top level management jobs.
CMA course has three levels which are:
- CMA Foundation
- CMA Inter and
- CMA Final
CMA Intermediate
The CMA (Certified Management Accountant) Intermediate level is a crucial phase in your journey to becoming a CMA professional. This stage delves deeper into advanced topics such as financial statement analysis, risk management, and strategic financial management. By mastering these intricacies, candidates at the CMA Intermediate level enhance their ability to contribute effectively to organizational decision-making and financial strategies. The program’s focus on real-world applications ensures that professionals are not only well-versed in theoretical concepts but also possess the practical skills demanded in today’s dynamic business environment. Completing the CMA Intermediate level sets the stage for advancing to the final stage of the CMA qualification, bringing you one step closer to becoming a certified management accounting expert.
CMA Final
Reach the pinnacle of management accounting excellence with our CMA Final program. Tailored for advanced practitioners, this comprehensive course refines your expertise in strategic financial management, risk assessment, and performance management. Dive into complex scenarios, applying theoretical concepts to real-world situations, and master the intricacies of international financial reporting and strategic cost management. Our CMA Final program is designed to prepare you for success in the challenging CMA Final examination, ensuring you possess the advanced skills and knowledge needed to excel in the dynamic field of management accounting. Choose our program to elevate your career as a Certified Management Accountant to new heights.
Course Overview
CMA Foundation / Cat
- Paper 1 – Fundamentals of Business Laws and Business Communication
- Paper 2 – Fundamentals of Financial and Cost Accounting
- Paper 3 – Fundamental of Business Mathematics and Statistics
- Paper 4 – Fundamentals of Business Economics and Management
CMA Intermediate
Group I
- Paper 5- Business Laws and Ethics (BLE)
- Paper 6- Financial Accounting (FA)
- Paper 7- Direct and Indirect Taxation (DITX)
- Paper 8- Cost Accounting (CA)
Group II
- Paper 9 – Operation Management and Strategic Management (OMSM)
- Paper 10 – Corporate Accounting and Auditing (CAA)
- Paper 11 – Financial Management and Business Data Analytics (FMDA)
- Paper 12 – Management Accoutning (MA)
CMA Final
Group III
- Paper 13 – Corporate & Economic Laws (CEL)
- Paper 14 – Strategic Financial Management (SFM)
- Paper 15 – Direct Tax Laws and International Taxation (DIT)
- Paper 16 – Stratagic Cost Management (SCM)
Group IV
- Paper 17 – Cost and Management Audit (CMAD)
- Paper 18 – Corporate Financial Reporting (CFR)
- Paper 19 –Indirect Tax Laws and Practice (ITLP)
- Paper 8 – Strategic Performance Management and (SPBV) Business Valuation
Electives
- Paper 20 (A) – Stratagic Performance Management and Business Valuation (SPMBV)
- Paper 20 (B) – Risk Management in Banking and Insurance (RMB)
- Paper 20 (C) – Entrepreneurship and Startup (ENTS)
Note: Students will be required to select any one of the three elective papers (20A/20B/20C) at the time of enrolment for the final course.
CMAS are driving force in all economic activities and has a great demand in all sectors including government, private , banking, education and so on. CMAs can work as Managing director, Finance director, Finance controller, Chief Financial Officer, Chief Internal Auditor etc. Not just in India, CMA has a wide scope in other countries too.
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.
Eligibility
- Plus Two With a Minimum of 50% Mark or
- Degree in a Commerce / Related Field With a Minimum of 55% mark and Non Commerce Field with Min of 60%
- Graduates will Get Direct Entry To The Intermediate Level
Employment opportunities
- A Cost and Management Accountant specializes in creating managerial decisions. They would get more engaged with analytics, forecasting, risk management, treasury activity etc.