CMA – Cost and Management Accountants is the primary qualification of the ICMAI and following completion of up to three levels (Foundation, Intermediate and Final) examinations and three years of practical training in areas like Management Accounting, Cost Accounting, Financial Accounting, Taxation, Audits, Corporate Laws enables an individual to become a Cost & Management Accountant.
Subjects for examinations include management accounting, Financial Accounting, strategic management, taxation, corporate law, financial management, business valuation, financial reporting and cost & management audit etc.
Examinations are held twice a year in June and December in various examination centres in India and overseas centres. And Results are declared in the month of August and February for June term and December term exams respectively.
A student has to pass three levels of examination and complete three years of practical training to be eligible to apply for Associate membership of the Institute.
Students who have passed degree examination of any recognised university or equivalent are eligible for admission directly to Intermediate level.