CMA Duration: Foundation, Intermediate, Final, Articleship

CMA course is divided into 3 exams which are Foundation Level, Intermediate Level and Final. The students are required to do Articleship after the CMA course which adds to the time required to become a Certified Management Accountant.

See Also: CMA Course

The duration of the CMA Foundation is 8 months. The duration of CMA Inter is 10 Months. The duration of the CMA Final is 18 Months. Thus the CMA Course can be completed in 3 years. Students will need to complete 3 years of articleship or on-the-job training to work as Certified Management Accountants. Students must complete 10 months of training before the CMA Final exam so it does not add much to the overall duration of the course.

Table of Contents

CMA Course Details
CMA Foundation Duration
CMA Inter Duration
CMA Final Duration
CMA Articleship Duration
CMA Course Duration after BCom
CMA Duration: FAQs

CMA Course Details

Course Name	CMA India
CMA Full Form	Cost and Management Accountants
Regulating Body	The Institute of Cost Accountants of India
Course duration	3 Years
Fees	INR 100,000
Academics	20 Papers and 3 Levels
Recognization	India

CMA Foundation Duration

The CMA Foundation is an entry-level exam for students wishing to take the CMA course. This course was developed by his ICAI Board Member. The CMA Foundation Exam is offered twice a year, in June and December. A minimum of 3-4 months of self-study is required to pass the CMA Foundation exam. The duration of the CMA foundation is at least 8 months.

See Also: Operations Management Courses

CMA Inter Duration

The Institute of Cost Accountants of India (ICMAI) publishes the CMA midterm exam pattern on its official website (icmai.in). According to the paper sample, the CMA midterms will be held in an offline, center-based mode. The total exam duration is 3 hours. Candidates taking the CMA Inter exam are required to take an exam sample in preparation for their final exam strategy to qualify for the CMA exam. A CMA Inter duration is a minimum of 10 months.

Check: Taxation Courses

CMA Final Duration

CMA Final Course is the final level of the CMA course. It is conducted by the Comprehensive Institute of Cost Management Accounting of India (ICMAI). The CMA degree syllabus consists of eight subjects divided into two groups. CMA Inter duration is of minimum 18 months.

CMA Articleship Duration

CMA students are eligible to begin practical training as soon as they enroll at the Intermediate level. The Institute requires a CMA student to complete three years of on-the-job training. However, the training is flexible and does not need to be taken continuously. Under the new hands-on training structure, a student must complete 10 months of training four months before CMA final exam is due and determine the results of the CMA final exam.

CMA Course Duration after BCom

CMA courses has 3 levels which include Foundation, Intermediate and Final. Candidates who have done BCom candidate get an exemption from all the papers at the foundation level and have the opportunity to directly appear for the Intermediate exam. Averagely, CMA Course Duration after BCom is 3–3.5 years.

CMA Duration: FAQs

Ques. Can I skip CMA Articleship?

Ans. There is no exemption given from the CMA Articleship. Each and every candidate has to complete a 3 years long CMA Articleship duration to get the CMA India certification.

Ques. Can a CMA open his own firm?

Ans. Those CMAs managing their own businesses have found themselves as a Manager and as accountants who can control and thereby flourish their businesses.

Ques. What is the cost of Prospectus for the CMA course?

Ans. Students can avail of Prospectus is available from the ICAI Headquarters, Regional Councils and offices spread all over the country. The Cash payment is INR 250 and By Post/ Courier : DD/PO is INR. 300 (Within India)

Ques. What are the examination centers of ICAI?

Ans. The ICAI has its examination centers located in Mumbai, Bangalore, Kolkata and Delhi have multiple centers and two overseas centers at Bahrin, Dubai and Muscat.

Ques. Does the ICAI offer awards to meritorious students?

Ans. The Institute awards Prizes to students with outstanding results. Certificate of Merit is given to students passing the Intermediate/Final Examination taking all subjects together (ie. without any exemption) in one sitting.

Ques. What are the examination centers of ICAI?

Ans. The ICAI has its examination centers located in various cities all over India (Mumbai, Bangalore, Kolkata and Delhi have multiple centers) and two overseas centers at Bahrin, Dubai and Muscat.

Ques. What is the pay package offered to a fresh Cost and Management Accountant by reputed companies?

Ans. In the last campus placement, a well-deserved student becomes a fresh cost,

Management accountants are on average hired by regulators and reputable companies Paid package INR 8.8 lacs p.a..

Ques. Is attendance compulsory in CMA?

Ans. As such, recorded lectures will be provided, but live class attendance is mandatory with 70% attendance.

Ques. Does CMA have scope in the future?

Ans. CMA graduates are in demand in all recruitment fields, including finance, management, accounting, and research institutions.

Ques. Is there any dress code for the CMA exam?

Ans. There is no dress code required for the exam.