Cost and Management Accountancy

Choosing Cost and Management Accounting as a professional path is a wise decision. The CMA curriculum is aimed to develop young minds into future business leaders. Currently, the course of CMA is gaining immense popularity among the students of commerce, especially among the students who wish to make it big in their career in the field of CMA.


CMA Duration

CMA course has three levels which are:

– Foundation
– Intermediate
– Final
The course’s duration is 3 years.


CMA Course’s Eligibility Criteria

Before applying for the CMA course, you must first know the eligibility criteria for admission to the course.
The eligibility criteria for the CMA course is as follows:

– Foundation

A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.

– Intermediate

Passed Senior Secondary School Examination (10+2) and Foundation Course of the Institute of Cost Accountants of India/ Graduation in any discipline other than Fine Arts/ Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2.

– Final
Passed Intermediate course of the Institute and completed 15 months of practical training.

CMA Overview



  • Fundamentals of Economics and Management
  • Fundamentals of Accounting
  • Fundamentals of Laws and Ethics
  • Fundamentals of Business Mathematics & Statistics


Group I

  • Financial Accounting
  • Laws and Ethics
  • Direct Taxation
  • Cost Accounting

Group II

  • Operations Management & Strategic Management
  • Cost & Management Accounting and Financial Management
  • Indirect Taxation
  • Company Accounts & Audit


Group I

  • Corporate Laws & Compliance
  • Strategic Financial Management
  • Strategic Cost Management – Decision Making
  • Direct Tax Laws and International Taxation

Group II

  • Corporate Financial Reporting
  • Indirect Tax Laws and Practice
  • Cost and Management Audit
  • Strategic Performance Management and Business Valuation