Cost and Management Accountant (CMA India)

Category: Indian Courses > CMA India

Level: Final

Duration: 4 Years

Enrolled: 27154

Lessons: 0

Rating: 4.8 (1,583 ratings)

Price: ₹92000 ~~₹100000~~

Batch:

CMA is Cost & Management Accountants Professional Course of India. It is popularly known as ICWA Course. This course is offered by the Institute of Cost & Management Accountants of India (ICMAI) set up by an act of Parliament. CMAs are handling posts such as Business Analyst, Finance Reporting, Cost Controller, Internal Auditor and Tax Consultant etc. They help businesses to grow by their ability to handle resources wisely and help management in strategic decision making. CMA Institute started in 1944, it has been around 82 years since then.

Course Overview Videos

CMA (India) Foundation Course Overview
CMA (India) Intermediate Course Overview
CMA (India) Final Course Overview

Why CMA india?

High Demand in Cost & Management Accounting
Strong Career Opportunities in India & Abroad
Expertise in Costing, Finance & Business Strategy
Get Hired for Corporate Leadership Roles
Professional Course with High ROI
Industry-Oriented Practical Knowledge
Excellent Growth in Salary & Career Stability

Why JKShah Classes?

Trusted Name in CMA Coaching
CMA Rankers Factory
Experienced CMA Faculty Pool
Simple & Easy Teaching Style
Complete Support for CMA Preparation
Printed Notes with Past Paper Practice
Classroom, Live Online & Recorded Lecture Options

Empower your career with CMA India.

Get there with JK Shah Classes.

Economic Growth | Money Flow | Need for experts

43+ Years excellence
3.9K+ AIRS
515k+ Trained

Overview

The CMA India program, offered by the Institute of Cost Accountants of India (ICMAI), is a highly respected professional certification in the field of Cost and Management Accounting. At JK Shah Classes, we provide expert CMA coaching designed to help students develop strategic financial expertise and master key areas such as cost accounting, financial management, corporate laws, taxation, financial reporting, and strategic management.

This course includes:

Printed Notes Covering Study Material
Past Papers & Mock Test
Subject-Wise Doubt Support
Placement Assistance
Recorded Lecture Backup

What You'll Learn

Cost Optimization & Business Decision Support
Financial Reporting & Analytical Skills
Strategic Cost & Performance Management
Tax Planning & Compliance Expertise
Corporate Governance & Regulatory Knowledge
Financial Strategy & Risk Management

Who Should Enroll?

Class 12th Pass Students
Commerce Graduates (B.Com, BBA, BMS, etc.)
MBA (Finance) & Postgraduate Students
Working Professionals in Accounts & Finance
Aspirants Targeting Leadership Roles in Finance
Entrepreneurs & Business Owners

40+ Years of Proven Learning Methodology
Strong Focus on Conceptual Clarity
Experienced & Qualified Faculty Team
Comprehensive & Exam-Oriented Test Series
Strategic Revision & Crash Courses
Regular Doubt Solving Sessions

Course Syllabus

Comprehensive curriculum designed for your success

CMA India Foundation (5 Months)

Eligibility

Features	Requirement
Eligibility	Std. 12th / HSC/ PUC Appeared or Passed
Students Awaiting Results	Can take admission by submitting Hall Ticket / Admit Card
After Result Declaration	Submit 12th / HSC Marksheet to the institute
Minimum Percentage Required	No Minimum Percentage
Criteria	Eligible Boards/Streams: Students from Any Board or Stream can apply

Registration & Fee
Component
Fees
Registration Fee - One Time (Valid for 5 years)
INR 6,000
Exam fees
INR 1,500

Component	Fees
Registration Fee - One Time (Valid for 5 years)	INR 6,000
Exam fees	INR 1,500

Exam

Aspects	Details
Exam Duration	2 hours per session
Exam Structure	The exam is divided into two sessions on the same day Session 1: Papers 1 and 2 Session 2: Papers 3 and 4
Total papers	4
Type	MCQ Based Exam, 100 marks for each paper, No Negative Marking
Exam Frequency	Two times in June and Dec
Mode of Exam	Center Based, 1 day exam
Pass criteria	40% in each paper and an aggregate of 50% across subjects

Structure

Papers	Subjects
Paper 1	Fundamentals of Business Laws And Business Communication (FBLC)
Paper 2	Fundamentals of Financial And Cost Accounting (FFCA)
Paper 3	Fundamentals of Business Mathematics And Statistics (FBMS)
Paper 4	Fundamentals of Business Economics And Management (FBEM)

CMA India Intermediate (4 Months)

Eligibility

Criteria	Details
Qualification	Pass CMA Foundation
Other qualifications	CS Foundation and CA Inter
Direct Entry	Completed Graduation (B.Com/BAF/BMS, etc) Exam.
Minimum Percentage Required	No Minimum Percentage

Registration & Fee
Components
Fees
Registration - One time (Valid for 5 years)
₹23,100*
Examination Fee:
₹1,500 for a single group.
₹2,800 for both groups.
*Registration fees includes a mandatory skills and computer training fees by the Institute.

Exam

Aspect	Details
Mode of exam	Center Based
Total papers	8 papers (Group 1 and Group 2), Descriptive Type Exam
Passing criteria	40% in all papers and 50% aggregate also along with this student has to clear mandatory skills training
Exam Eligibility	Students not Completing SAP learning Hub will be Eligible to appear only for a Single Group.
Exam frequency	Two times June and Dec
Paper attempt	One or both the groups

Resources

Groups

Subjects

Group 1

Paper 5: Business Laws and Ethics

Paper 6: Financial Accounting

Paper 7: Direct and Indirect Taxation

Paper 8: Cost Accounting

Group 2

Paper 9: Operations Management and Strategic Management

Paper 10: Corporate Accounting and Auditing

Paper 11: Financial Management and Business Data Analytics

Paper 12: Management Accounting

CMA India Final (4 Months)

Eligibility
Criteria
Details
Qualification
Cleared CMA Inter Exams
Completed 15 months practical training (articleship)
Registration & Fee
Components
Fees
Registration Fees - One time (Valid for 5 years)
INR 25,000
Examination Fee:
INR 1,800 for a single group.
INR 3,200 for both groups.

Exam

Aspect	Details
Exam Eligibility	Candidates must meet the eligibility criteria for the examination. If a candidate has not completed 15 months Practical Training and 1 month of Industry Orientated Training Program (IOTP), they cannot appear for the final papers
Exam Mode	Center Based
Exam period	Two times a year, June and Dec
Total papers	8 Papers (Group 3 and Group 4), Descriptive Type
Pass Criteria	40% in each subject, 50% aggregate marks across all papers in a group

Structure

Groups	Papers
Group 3	Paper 13: Corporate And Economic Laws (CEL) Paper 14: Strategic Financial Management (SFM) Paper 15: Direct Tax Laws And International Taxation (DIT) Paper 16: Strategic Cost Management (SCM)
Group 4	PAPER 17: Cost And Management Audit (CMAD) PAPER 18: Corporate Financial Reporting (CFR) PAPER 19: Indirect Tax Laws And Practice (ITLP)
Electives	Paper 20A: Strategic Performance Management And Business Valuation (SPMBV) (Preferable) Paper 20B: Risk Management In Banking And Insurance (RMBI) Paper 20C: Entrepreneurship And Startup (ENTS)

Instructor: Prof. Richa Shanghvi

Head Faculty - Corporate Laws

Empowering students with legal excellence

Experience: 18 Years
Students Taught: 10,500+
Specialization: Law
Instructor Rating: 4.9/5

Frequently Asked Questions

Find answers to common questions about this course

CMA India

CMA INDIA FAQ

Q: What is CMA India?

A: CMA India stands for Cost and Management Accountant conducted by The Institute of Cost Accountants of India (ICMAI). It focuses on: • Accounting • Costing • Finance • Taxation • Audit • Business Strategy • Financial Management

Q: Who can enroll for CMA India?

A: To appear for the CMA Foundation Examination a candidate should have - Qualified the 10+2 exams, PUC or Equivalent To appear for the CMA Intermediate Examination a candidate should have CMA Foundation Pass or Graduated in any discipline other than Fine Arts

Q: Is CMA India recognized?

A: Yes. ICMAI is a statutory body established by an Act of Parliament.

Q: Who Should do CMA India?

A: Mentally Strong and Capable of Handling Pressure Academically Good

Q: How many levels are there in CMA

A: There are 3 levels in CMA India. The Foundation Level - Basics of Commerce & Accounting, Maths, Economics, Management ; Intermediate Level - Costing, Tax, Audits, Accounting, Management, Laws ; and the Final Level - Advanced Strategic & Financial Subjects, Cost Audits, Reporting

Q: Can I do CMA with graduation?

A: Yes. Most students pursue: • B.Com • BAF • BBI • BMS • BFM Along with CMA. In fact, they feel graduation easier because syllabus are almost match.

Q: Is Maths compulsory for CMA?

A: Honestly, only basic level maths needed that is too at foundation level with MCQ Pattern and no negative marking.

Q: Is CMA difficult?

A: Yes, it is difficult. But it is worth. CMA is a professional course, so it requires: • Discipline • Consistency • Revision • Writing practice But I have seen many Average students passing CMA exams with proper planning & guidance

Q: What are career opportunities after CMA?

A: CMAs can work almost all types of job roles around finance, for examples • Financial Analyst • Cost Accountant • Internal Auditor • Tax Consultant • Finance Manager • ERP Consultant • FP&A Analyst

Q: What salary can a CMA get?

A: Approximate starting salary: • ₹6–12 LPA for freshers Depends on: • Skills • Attempts • Communication • Practical exposure

Q: Can CMA students work abroad?

A: Yes, why not finance is everywhere.. CMAs work in: • UAE • Ireland • UK • Canada • Singapore especially in finance and costing roles.

Q: Is Articleship/Training compulsory?

A: Yes. Practical training is an important part of CMA. It helps students gain: • Real corporate exposure • Accounting experience • Audit knowledge • Finance skills Under the current practical training scheme: CMA Intermediate & Final Students are required to complete 15 Months of Practical Training.

Q: Is Training Important Only for Completion?

A: No. Training is extremely important because it helps students: • Understand real business problems • Improve communication skills • Learn software and ERP systems • Build confidence • Improve interview performance Many companies value practical exposure more than only theoretical knowledge.

Student Reviews

Varun Kapoor - 5/5 (04/02/2026)

"Joining JK Shah Classes was the best decision for my CMA journey. The faculty simplified complex concepts, and the study material was very exam-focused. Thanks to their guidance, I cleared CMA Inter"

in the first attempt with 82% marks!

Simran Kaur - 5/5 (04/02/2026)

"The mock tests and personalized support at JK Shah Classes helped me identify my weak areas and improve drastically. The teaching methodology is clear, practical, and result-oriented. I am proud to have secured All India Rank 12 in CMA Foundation."

RANK 12

Ankit Joshi - 5/5 (04/02/2026)

"JK Shah Classes provides a perfect balance of theory and practical application. The faculty are approachable and always ready to clarify doubts. Their structured CMA coaching helped me achieve Top 5 percentile in CMA Final exams."

5 percentile in CMA

Ritika Sharma - 5/5 (04/02/2026)

"From Foundation to Final, JK Shah Classes guided me at every step. The study materials are up-to-date with the latest ICMAI syllabus, and the regular assessments kept me on track. I successfully cleared CMA Inter with distinction."

cleared CMA