ICWA (CMA) Course 2022 Fees, Duration, Dates, Eligibility
The Certified Management Accountant (CMA) course is an internationally recognized certification that describes competence in the essential skills of management accounting. The CMA course has three units: ethics, business literacy, and applied professional accounting knowledge. It is one of four certification programs provided by the Institute of Cost Accountants of India (ICAI).
ICWA course, a three-year program, is provided by the Institute of Cost and Works Accountants of India in the Accountancy field. This course comprises three levels, Foundation, Intermediate, and Final.
ICWA CMA Course Details
ICWA course, a triennial program, is rendered by the Institute of Cost and Works Accountants of India in the Accountancy field. It comprises three levels- Foundation, Intermediate, and Final. The course is a track for acquiring one of the most reputable jobs in India as that of a Cost Management Accountant. Every level has to be qualified by the applicant to earn the credential as a CMA.
Here are the significant deadlines and other vital information related to the CMA/ICWAI course that prospective candidates must hold to by before applying:
The Institute of Cost Accountants of India (ICMAI) requests applications for the June session for the CMA Intermediate exam 2022. The last date to register for the June 2022 session has already been drawn-out till February 25, 2022.
Candidates have to register for the CMA Intermediate exam for June session 2022 online. They have to complete the application form by visiting the official website, icmai.in. The registration fee is INR 23,100. They can make the payment of the fee in two installments.
Once the ICMAI registrations for a respective session are closed, the authorized body proclamations the CMA Intermediate exam form. Candidates have to complete the exam form to appear for the CMA Intermediate examination.
Thereafter, ICMAI will issue the CMA Intermediate 2022 admit card. Candidates can download the CMA Intermediate 2022 admit card by visiting the official website of ICMAI. Carry a physical copy of the ICMAI Admit Card along with on the exam day. ICMAI will soon announce the CMA Intermediate 2022 exam dates.
Applicants who wish to pursue the courses served by ICWAI have to begin right subsequently passing Class 12th for taking entrance in foundation courses. The level-based eligibility criteria to emerge in the exam of ICWAI course 2022 is as quoted below:
1. ICWAI course (CMA foundation): The candidates will have to pass the exam of class 12th from a recognized board of education according to the minimum eligibility requirements of ICWAI course 2021. Although, the candidates whose results for class 12th are awaited can as well as apply for the foundation level.
2. ICWAI course (CMA intermediate): The candidates must have any one of the consecutive qualifications to meet the eligibility criteria of ICWAI intermediate level exam 2022:
A. The candidate must have proficient class 12th exam from any recognized board of education, and passed the ICWAI foundation level exams, or
B. The candidate must have finished graduation in any discipline from a sanctioned University other than fine arts or exam of CAT administered by the institute.
3. ICWAI course (CMA Final): To appear in the exam of ICWAI final stage, the candidate must achieve the following eligibility criteria:
A. The candidate must have competent for the senior secondary exam from any recognized board of education and ICWAI Foundation examination, and
B. The candidate must have passed the exam of graduation from a recognized university in any discipline excluding fine arts or equivalent exam, and
C. The candidate must have passed both groups and all the eight subjects of the ICWAI intermediate exam.
ICWAI Course Duration
To assist you to get a better understanding of the ICWAI CMA course, we have certain below the average duration of the particular course levels-
ICWA Foundation: merest 8 months
ICWA Intermediate: merest 10 months
ICWA Final: merest 18 months
ICWA CMA Fees Structure 2022
The ICWA course fee is distinctive for every exam level and ICMAI as well as avails students with the opportunity of providing the course fees for the intermediate level in advance. Below are the course fee amounts for ICWA Foundation, Intermediate, and Final.
|Foundation||4,000 INR||On or prior to January 31 for the June session or July 31 for the December session|
|Intermediate (With Installment)||20,000 INR||On or prior to January 31 for the June session or July 31 for the December session|
|12,000 INR (1st Installment)8,000 INR (2ndInstallment)||1st installment at the enrolment into the intermediate courseOn or prior to January 31 for the June sessionor July 31 for the December session|
|Final||17,000 INR||On or prior to January 31 for the June session or July 31 for the December session|
A Cost Accountant (CMA/ICWA) grows into a professional accountant after joining the Institute of Cost and Accountants of India (ICAI), the professional body of accountants that supervise the cost accounting course. This course will educate you on how to manage a business effectively using the tools accessible to you.
Enroll in Wisdom Academy as it is one of the well-known Professional institutions in Mumbai for ICWA/CMA coaching.
Wisdom Academy provides eye-to-eye sessions between the teacher and the student that are particularly customized to the student’s needs. A tutor is appropriate to a single student and provides equal attention to that student, also being available for inquiries or concerns at any time.
There are adjustable options for working professionals, such as early morning, evening, and weekend sessions. Faculty focuses more on exam-oriented questions and issues to create a firm foundation for students in many topics to face professional exams. The complete course is covered in a structured and timed approach, without compromising quality or the number of classes. Students’ progress is traced and enhanced through a series of regular tests.
When in comparison to other institutes, Wisdom Academy is doubtless the best for ICWA/CMA training. The teaching quality is crucial while evaluating an institute.