CMA IND- FOUNDATION
The Foundation Course of the Cost and Management Accountancy (CMA) program offered by the Institute of Cost Accountants of India (ICMAI) is the entry-level qualification for individuals aspiring to become Cost and Management Accountants. Here are the details of the CMA Foundation course:
1. Eligibility:
- Candidates must have completed 10+2 or its equivalent from a recognized board or institution.
2. Registration:
- Candidates who meet the eligibility criteria can register for the CMA Foundation course.
- Registration for the Foundation course is open throughout the year. However, there are specific examination cycles.
3. Syllabus:
- The CMA Foundation course consists of four papers.
- Paper 1: Fundamentals of Economics and Management
- Paper 2: Fundamentals of Accounting
- Paper 3: Fundamentals of Laws and Ethics
- Paper 4: Fundamentals of Business Mathematics and Statistics
- The syllabus covers basic concepts in economics, management, accounting, business laws, ethics, mathematics, and statistics.
4. Examination Pattern:
- The CMA Foundation examination is conducted twice a year, usually in June and December.
- Each paper is of 100 marks and is conducted in English medium.
- The examination is conducted in offline (pen and paper) mode.
- Candidates must score a minimum of 40% marks in each paper and an aggregate of 50% marks in all papers to pass the examination.
5. Exemption:
- There are no exemptions available for the CMA Foundation course. All candidates must appear for and pass all four papers.
6. Registration Fee:
- The registration fee for the CMA Foundation course varies depending on the student's location and other factors. It includes registration fees, subscription fees, and examination fees.
7. Career Path:
- After successfully clearing the CMA Foundation examination, candidates can progress to the next level of the CMA course, which is the CMA Intermediate course.
- Upon completion of all levels and fulfilling the required practical training, candidates become eligible for membership of the ICMAI and can practice as Cost and Management Accountants.
- Cost and Management Accountants can pursue various career paths in cost accounting, management accounting, financial management, taxation, auditing, consulting, and corporate management.
The CMA Foundation course provides candidates with a solid foundation in the fundamental concepts of cost and management accounting, laying the groundwork for a successful career in this field.
CMA IND- FOUNDATION
The Foundation Course of the Cost and Management Accountancy (CMA) program offered by the Institute of Cost Accountants of India (ICMAI) is the entry-level qualification for individuals aspiring to become Cost and Management Accountants. Here are the details of the CMA Foundation course:
1. Eligibility:
- Candidates must have completed 10+2 or its equivalent from a recognized board or institution.
2. Registration:
- Candidates who meet the eligibility criteria can register for the CMA Foundation course.
- Registration for the Foundation course is open throughout the year. However, there are specific examination cycles.
3. Syllabus:
- The CMA Foundation course consists of four papers.
- Paper 1: Fundamentals of Economics and Management
- Paper 2: Fundamentals of Accounting
- Paper 3: Fundamentals of Laws and Ethics
- Paper 4: Fundamentals of Business Mathematics and Statistics
- The syllabus covers basic concepts in economics, management, accounting, business laws, ethics, mathematics, and statistics.
4. Examination Pattern:
- The CMA Foundation examination is conducted twice a year, usually in June and December.
- Each paper is of 100 marks and is conducted in English medium.
- The examination is conducted in offline (pen and paper) mode.
- Candidates must score a minimum of 40% marks in each paper and an aggregate of 50% marks in all papers to pass the examination.
5. Exemption:
- There are no exemptions available for the CMA Foundation course. All candidates must appear for and pass all four papers.
6. Registration Fee:
- The registration fee for the CMA Foundation course varies depending on the student's location and other factors. It includes registration fees, subscription fees, and examination fees.
7. Career Path:
- After successfully clearing the CMA Foundation examination, candidates can progress to the next level of the CMA course, which is the CMA Intermediate course.
- Upon completion of all levels and fulfilling the required practical training, candidates become eligible for membership of the ICMAI and can practice as Cost and Management Accountants.
- Cost and Management Accountants can pursue various career paths in cost accounting, management accounting, financial management, taxation, auditing, consulting, and corporate management.
The CMA Foundation course provides candidates with a solid foundation in the fundamental concepts of cost and management accounting, laying the groundwork for a successful career in this field.
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