CMA – Final Level
The CMA Final level is the last stage of the Cost and Management Accountancy (CMA) program, designed for candidates who have completed the Intermediate level. This stage focuses on advanced topics and practical applications in cost and management accounting.
Eligibility
To qualify for the CMA Final level, candidates must fulfil the following requirements:
- Completion of Intermediate Level: Candidates must have passed all papers of the CMA Intermediate level.
- Practical Training: A minimum of 15 months of Practical Training must be completed before appearing for the Final Examination.
- Skills Training: Candidates must complete 80 hours of Skills Training at the Final level.
- Registration: Candidates must be officially registered for the CMA Final course with the Institute of Cost Management Accountants of India (ICMAI).
Subjects
The CMA Final course typically consists of the following papers:
Group III
- Paper 13: Corporate and Economic Laws (CEL)
- Paper 14: Strategic Financial Management (SFM)
- Paper 15: Direct Tax Laws and International Taxation (DIT)
- Paper 16: Strategic Cost Management (SCM)
Group IV
- Paper 17: Cost and Management Audit (CMAD)
- Paper 18: Corporate Financial Reporting (CFR)
- Paper 19: Indirect Tax Laws and Practice (ITLP)
Electives
- Paper 20A: Strategic Performance Management and Business Valuation (SPMBV)
- Paper 20B: Risk Management in Banking and Insurance (RMBI)
- Paper 20C: Entrepreneurship and Start-Up (ENTS)
Examination
The exams for the Final level are generally conducted twice a year (June & December). Candidates must pass all eight papers to qualify for the CMA designation.
Skills Training
Students are required to complete the following skills training for the final level:
- Duration: 80 hours
- Training Type: Students will undergo skills training focusing on advanced topics in cost and management accounting.
Compulsory Industry-Oriented Training Programme (IOTP) for Final Students
Students enrolling in the Final Course under the 2022 syllabus must complete the Industry-Oriented Training Programme (IOTP):
- Completion of Training: Mandatory before applying for examinations, whether appearing for both groups or just one.
- For Oral Students: IOTP will be conducted by the respective Regional Councils, Chapters, or CMA SCs chosen by the student. Please reach out to them for details.
- For Postal Students: For IOTP, students should contact their nearest Regional Councils or Chapters of their choice.
Practical Training
Students must complete 15 months of Practical Training, which is vital for their professional growth. Additionally, this training needs to be completed before they can appear for either or both groups of the Final Examination.
Fee structure:
- CMA FINAL: 34,850/-Only * (Excld. GST 18%) (For Each Group OFFLINE (face to face)
- CMA FINAL: 36,850/- Only * (Excld. GST 18%) (For Each Group) ONLINE (Live)
- CMA FINAL: 39,900/- Only * (Excld. GST 18%) (For Each Group) HYBRID (Offline & Online, Recorded class – Mobile App / G-Drive)
- CMA FINAL: 24 ,850/- Only * (Excld. GST 18%) (For Each Group) RECORDED CLASS (Mobile App (OR) G-Drive) any one option
Contact us for Fee information
044-42068425 / 9941298973 / 9841109332 / 9841018072
Fee structure:
CMA FINAL: ₹ 37,900 (Excl.GST 18%) (For Each Group)
Contact us for Fee information
044-42068425 / 9941298973 / 9841109332 / 9841018072
