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CMA Course

BEHIND EVERY SUCCESSFUL BUSINESS DECISION THERE IS ALWAYS A CMA

Take a step for a brighter career

Untill now, most of your life decisions were decided by your parents. They taken care of you since you were born and guided you in each and every situation. They nurtured you and made you strong enough to face the situations. But now, its you to take care of you and your parents and make them happy. Your success is the one which makes them happy.

 

Be successful

To attract success in your life, you are bound to incultivate few qualities of a successful person in the world which bought them fame, respect, wealth, happiness like Will power, Perseverance, Self-Confidence, Optimism, Passion, Patience.

In this world of competition, out of various courses available, commerce offers wide range opprtunities. If you are interested and passion on Economics, accountancy or business studies, then CMA would be better of option to make your career brighter and make yourself and your parents proud of YOU.

 

Who are CMAs?

CMA’s are Cost and Management Accountants who help business person to attain their goals. CMA’s are the professionals who optimise the utilisation of scare resources, Effectively manage employees, funds of the business, make strategic decisions, implementing cost effective business process. They also contribute in National development.

CMA’s even can be successful entrepreneur. CMA’s are recuited by private, public and MNC’s for Chief Financial Officer, Chief Executive Officer, Chief Operations Officer.

CMA’s can also start independent practice as Project Analysits, Project Consultants, Management Consultants, Business Process Analysts, Cost Auditor, Tax consultants, Cost Engineers in desigining and mantaining costs, Internal Auditors.

CMA’s can also be as educationist professor in the fields of Commerce, Finance, Management.

Scope of CMA PROFESSION

Scope for Practicing CMAs

  • Maintenance of Cost Records and Cost Audit under The Companies (Cost Records and Audit) Rules, 2014 under section 148 of The Companies Act, 2013.
  • Internal Audit u/s 138 of The Companies Act, 2013
  • Certification of various forms in Director General of Foreign Trade under the Ministry of Commerce and Industry
  • Stock, Concurrent and Due Diligence Audit of various Banks
  • Special Audit under Customs Act, 1962.
  • Certification under EXIM Policy
  • Certification of Consumption for import Application
  • Tax Consultancy. Insolvency Professional.  Registered Valuer. Project Management Consultancy

Management Consultancy Services by CMAs

  • Financial management planning and financial policy determination. 
  • Cost management planning and costing policy determination.
  • Capital structure planning and advice regarding raising finance.
  • Working capital management.
  • Preparing project reports and feasibility studies. 
  • Preparing cash budget, cash flow statements, profitability statements, statements of sources and application of funds. 
  • Budgeting including capital budgets and revenue budgets.
  • Inventory management, material handling and storage.

Job Opportunities for CMAs

  • Cost Accounting
  • Accounting
  • Financial Management
  • Financial /Business Analyst
  • Auditing/ Internal Auditing/ Special Audits
  • Direct & Indirect Taxation
  • Systems Analysis & Systems Management
  • Functional Consultancy in ERP implementation
  • Process Analysis in BPO houses
  • Academic Careers in College/ Management Institute etc.
  • Implementing Business Intelligence Systems

CMAs in industry

5 Steps to become CMA

Step 1: Foundation

Register yourself either online offline with ICMAI for foundaiton exam at your nearby chapter office or by visiting icmai site. If you are graduated from any university, then you are not required to give Foundation exam.

Step 2: Inter

Once you are cleared your CMA Foundation or graduated form any universty, you are required to register yourself in CMA Inter either online or by visiting chapter office. To be eligible for the exam, you are recquired to complete Computer training, Communication and Soft Skills Training.

Step 3: Final

Once you clear your CMA Inter, you are required to register yourslef for CMA Final either in online or by visiting chapter office. To be eligible for the exam, you are required to complete the Industry Oriented Training Programme (IOTP), Practical Training.

Step 4: Campus Placements

Once you are cleared will all levels of CMA, you are eligible for cmapus placements where MNC’s, private companies hire. Before you face the final interview, you are required to attend Campus placement orientation programme. 

Step 5: Register as Member of ICMAI

To eligible for membership benefits, Register yourself with ICMAI as an Associate member of Institute.

So, what are you looking for?

You are the best judge for your life, take a step towards your success.

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