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.
What is CMA india course?
A cost management professional is going to be highly skilled at managing and accounting for costs within any segment of the economy. The CMA course revolves around financial reporting, decision-making, and strategic management in accounting. This is fundamentally a coveted qualification at ICAI as the products or graduates pull the industries where cost management professionals are required. The “CMA full form in education is said to mean ‘Cost Management Accounting.’ Therefore, it forms an all-rounded qualification of persons to be competent in accounting and finance.
CMA India Course Duration
The CMA course is structured in three levels of duration:
- CMA Foundation – this level is going to take, on an average 8 months and introduces the student to the basic courses in accounting and management.
- CMA Intermediate –After the foundation, the candidate is shifted to the Intermediate level, that lasts for about 10 months.
- CMA Final – CMA Final It puts the student through more advanced strategic and decision-making positions for cost accounting, with a duration of about 10 months.
The CMA course can last for 2-3 years, following the completion of every step for start to finish, depending on the student’s pace and schedules for their exams
Why pursue CMA India at Occassio Studies?
Occassio Studies for your CMA in Kerala provides holistic education for equipping you in the entire challenging scenario of the CMA exams and successful career ahead. Here’s why Occassio Studies is different:
- Experienced Faculty: Trainers are professionals in the field with high experience in cost management and accounting. Along with information regarding the course CMA, they also give inner discrepancies of real-world applications of cost accounting.
- Inclusive learning resources: We provide self-contained study material and also mock test series as well as practical exercise programs so that the students go through the CMA program.
- Customized mentoring: We have a belief that each student is different hence assists in the learning of everybody’s needs to get the best outcomes.
Career Prospect after CMA India
Because there is always a demand for cost accountants in every line of business, as they effectively manage the financial resources. On completion of CMA India, this opens up the gamut of career opportunities ranging from:
- Corporate Finance: The CMA professional holds great value in financial planning, budgeting, and cost control.
- Consulting Firms: Many CMAs work as financial consultants advising the companies on issues of cost reduction, budgeting, and profitability strategies.
- Public and Private Sector Companies: Cost accountants play integral roles for pricing strategies, risk management, and financial decisions in manufacturing, healthcare, education, and the government.
- Auditing Firms: The CMAs may further work in auditing firms where they ensure compliance with financial regulations as well as cost management practices
With the course details of CMA providing in-depth knowledge of cost management, CMAs will have excellent and lucrative opportunities not only in India but also aboard.
Major sub-sectors in High Demand for CMAs
Cost accountants, especially those passing out from a course like CMA India, are in great demand by a host of sectors such as:
- Manufacturing: CMAs help to manage costs of productions and improve profitability.
- Healthcare: CMAs perform important budgeting and cost control functions in health care, which helps ensure that hospitals are operated effectively.
- Government & Public Sector: Cost accountants are mainly working in government organization for surveillance and audit in almost all countries.
- IT & Services: CMA during a service prepares pricing models, financial planning, and profitability of the service.
Such a vast range of sectors testify to the worth of a course for a CMA and how the professionals equipped under this qualify and proceed to succeed in different sectors.
Key features of CMA at Occassio Studies are:
- Affordable CMA Course Fees: We will keep the CMA course fee for the Kerala students very competitive and highly affordable. Fee is absolutely transparent; there is no hidden charges at all.
- Expert Mentors: The faculty here comprises highly experienced tutors along with industry experts, thereby ensuring that the right kind of guidance is taken by the students to clear the CMA course in just one attempt.
- All-inclusive study material: we provide the most relevant and current study materials which include the important aspects related to CMA India course details along with practice exams.
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.
Get In Touch
Whether it is a query related to what CMA course means, or something relating to knowing the fees of CMA course, or perhaps getting detailed information on CMA course duration, Occassio Studies is here for all your support.
Frequently Asked Questions (FAQs)
There are various institutes, and what makes the CMA course of Occassio Studies in Kerala a much sought-after one is its complete training program along with the robust faculty and high pass rates.
The fee level for CMA course varies with levels. On an average, foundation, intermediate, and final courses at Occassio Studies reflects the cost that a salary earner in Kerala incurs as compared with other institutes.
Duration of the CMA course in Kerala will be around 2 to 3 years depending upon how fast a student clears his exams.
Appropriately, one can complete the CMA course in 2 years if one passes all the levels, that is, the three levels in one go: Foundation, Intermediate, and then Final, no gaps between these exams.
Accountancy, finance, and business administration-based degree programs are supportive of the course for CMA. Also, related experience with prior education in commerce supports the CMA India course.