CMA INDIA

CMA (India) – Cost and Management Accountant

The Cost and Management Accountant (CMA) qualification in India is offered by the Institute of Cost Accountants of India (ICMAI), a statutory professional body established by an Act of Parliament. CMA equips professionals with cost accounting, management accounting, financial planning, strategic decision-making, and auditing skills. The qualification prepares students for corporate finance, strategic planning, leadership, and consulting roles across industries.

Why Choose CMA (India)?

ADMISSION OPEN FOR 2026

Admission For CMA India Has Been Officially Open For 2026

Duration & Eligibility

  • Duration: CAT – 6–12 months; Intermediate – 12–18 months; Final – 12–24 months (depending on exam attempts and pace)
  • Eligibility:
    • CAT: 10+2 (any stream)
    • Intermediate: 10+2 + CAT, graduate, or CMA Foundation cleared
    • Final: CMA Intermediate cleared + 15 months practical training

CMA India Syllabus

 Certificate in Accounting Technicians (CAT) – Foundation

 

    • Paper 1: Fundamentals of Financial Accounting
    • Paper 2: Applied Business & Industrial Laws
    • Paper 3: Financial Accounting – 2
    • Paper 4: Statutory Compliance
    • Exam Type: Objective / Multiple-choice
    • Duration: 6–12 months
    • Passing Marks: As per paper (40–60%)

CMA Intermediate – Group I & II

Group I:

  • Paper 5: Business Laws and Ethics
  • Paper 6: Financial Accounting
  • Paper 7: Direct & Indirect Taxation
  • Paper 8: Cost Accounting

Group II:

    • Paper 9: Operations Management & Strategic Management
    • Paper 10: Corporate Accounting & Auditing
    • Paper 11: Financial Management & Business Data Analytics
    • Paper 12: Management Accounting
    • Exam Type: Descriptive / Practical / Application-based
    • Exam Windows: June & December
    • Passing Criteria: 40% per paper, 50% aggregate per group

CMA Final – Group III

Group III:

  • Paper 13: Corporate & Economic Laws
  • Paper 14: Strategic Financial Management
  • Paper 15: Direct Tax Laws & International Taxation
  • Paper 16: Strategic Cost Management

Group IV


  • Paper 17: Cost & Management Audit
  • Paper 18: Corporate Financial Reporting
  • Paper 19: Indirect Tax Laws & Practice
  • Paper 20 (Elective – choose one):
    • Strategic Performance Management & Business Valuation
    • Risk Management in Banking & Insurance
    • Entrepreneurship & Startup
  • Exam Type: Descriptive / Practical / Case-study based
  • Exam Windows: June & December

CAT

Intermediate

FINAL

Practical Training Requirement

  • 15 months of practical training after Intermediate registration
  • Verified by employer / ICMAI-approved supervisor
  • Mandatory for Final certification
CMA Membership
  •  Pass CAT / Intermediate / Final as applicable
  • Complete 15 months practical training
  • Outcome: CMA membership grants access to senior finance, management accounting, auditing, and corporate leadership roles across India

 

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