About Cost Management Accounting Certificate:
Cost Management Accounting Certificate is a professional certification program that provides individuals with the knowledge and skills needed to manage cost and budget effectively in an organization.
Cost management Account Certificate is a professional certification program which is typically take six to twelve months. The CMA certification program offered by the IMA consist of two parts, and candidate is required to pass both parts within three years of registration.
The certification program typically includes course on cost accounting, budgeting, financial analysis, and internal control.
The average course fees for CMA [Cost Management Accounting] Courses range between INR NR 50,000 to INR 2,00,000.
CMA [Cost Management Accounting] Course Admission Process:
CMA [Cost Management Accounting] Quick facts
Highlights for CMA [Cost Management Accounting] program are provided in the table given below:
Course Level |
Certificate |
Full form |
CMA [Cost Management Accounting] |
Duration |
12 month |
Examination type |
Both |
Eligibility |
Student must have bachelor degree in related field from a recognized university along with 50% marks. |
Age Limit |
Above 17 years |
Course fee |
NR 50,000 to INR 2,00,000 |
Average Salary |
INR 3,00,000 to INR 10,00,000 |
Job Positions |
Cost Accountant, Financial Analyst, Management Accountant |
CMA [Cost Management Accounting] Eligibility & Entrance exam
Eligibility criteria for Cost Management Accounting Certificate:
Some common eligibility criteria are:
- You can pursue your Cost management Accounting Certificate Program after completion of bachelor degree. A strong academic record with good percentage is mostly prefer.
- Candidate should have membership of IMA by paying the membership fee
- Candidate should have at least two-year experience in the field of management or related areas.
- Candidate should pass both parts of CMA exam within three years.
How to apply with college?
To apply in particular college student must have to follow given steps:
- Go to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also, check is there any counseling round or not. If college is conducting counseling than apply for it.
Entrance Exams for Cost Management Accounting Certificate:
The cost management accounting (CMA) certificate is offered by the institute of management accountants (IMA). There is no other exam for the CMA.
Here is the table of exams for Entrance Exams for Cost Management Accounting Certificate is:
Part
|
Fee (in INR) for IMA Members
|
Fee (in INR) for Non-IMA Members
|
Part 1
|
33,250
|
41,300
|
Part 2
|
33,250
|
41,300
|
Total (for both parts)
|
66,500
|
82,600
|
Note: There are also many exams, so to check eligibility, fees, application date for a particular exam student must have to visit to the official website of the exams.
CMA [Cost Management Accounting] Duration & Fees
Cost Management Accounting Certificate Duration:
Cost management Account Certificate is a professional certification program which is typically take six to twelve months. The CMA certification program offered by the IMA consist of two parts, and candidate is required to pass both parts within three years of registration.
Cost Management Accounting Certificate Fees:
The total fee of CMA certification program may vary depending on the organization.
Here is the approximate fee structure for CMA certification program.
Particulars
|
Fee (in INR) for IMA Members
|
Fee (in INR) for Non-IMA Members
|
CMA Entrance Fee
|
28,245
|
35,315
|
CMA Exam Registration Fee (Part 1 and 2)
|
66,500
|
82,600
|
CMA Exam Review Materials
|
28,000
|
28,000
|
Total
|
1,22,745
|
1,46,915
|
It’s important to note that these are approximate estimate that can be vary from actual program fee.
NOTE: Many students can get scholarships or stipend from the university which helps them in expenses of their study.
CMA [Cost Management Accounting] Jobs,Scope,Salary after course
Scope after Cost Management Accounting Certificate:
Cost Management Accounting Certificate is a professional certification program. It’s a valuable credential that demonstrates candidate expertise in cost accounting, financial planning, analysis, control, and decision making.
Here is the list of some popular job roles after scope after Cost Management Accounting Certificate is:
Job Role
|
Average Salary (in INR per annum)
|
Cost Accountant
|
6,00,000 - 12,00,000
|
Financial Analyst
|
4,50,000 - 12,00,000
|
Management Accountant
|
6,00,000 - 14,00,000
|
Finance Manager
|
9,00,000 - 25,00,000
|
Investment Banker
|
12,00,000 - 30,00,000
|
Note: The salary above mentioned may vary from company to company and totally depends on the experience and interview of individual candidate.
CMA [Cost Management Accounting] Top colleges offering course
College/Organization for Cost Management Accounting Certificate:
CMA certificate is offered by various Organization globally, including the IMA in the united state.
Here is a estimate of the fee for the CMA certification program:
College/Organization
|
Fees (in INR)
|
Institute of Management Accountants (IMA)
|
70,000 - 1,20,000
|
EduPristine
|
30,000 - 40,000
|
Miles Education
|
30,000 - 50,000
|
Gleim CMA Review
|
35,000 - 50,000
|
Note: The fees given above may vary for exact information you can visit to the official website of the particular college or you can talk to our academic counsellor.