The CMA (Cost and Management Accounting) course is a prestigious certification that opens doors to lucrative careers in finance and accounting. Understanding the CMA course duration is crucial for prospective students.
In this article, we will discuss the duration of the CMA course in India, along with other relevant details such as CMA course fees, and the duration of the CMA course after different educational stages like graduation, 12th, BCom, and 10th.
CMA Course Duration
The duration of the CMA course depends on the level at which you start. The CMA course is divided into three levels: CMA Foundation, CMA Intermediate, and CMA Final. Each level has a specific duration and set of requirements.
How Many Years To Complete CMA?
- CMA Foundation: Approximately 8 months
- CMA Intermediate: Approximately 10 months
- CMA Final: Approximately 18 months
CMA Foundation
The duration of the CMA Foundation course is typically 8 months.
The CMA Foundation is the entry-level course for the CMA certification. It covers basic concepts in accounting, economics, and management.
CMA Intermediate
The duration of the CMA Intermediate course is approximately 10 months.
The CMA Intermediate course builds on the knowledge gained in the Foundation course. It includes subjects like financial accounting, laws and ethics, and cost accounting.
CMA Final
The duration of the CMA Final course is also around 18 months.
The CMA Final is the most advanced level of the CMA course. It includes subjects like strategic financial management, corporate laws, and advanced cost management.
CMA Course Duration After 12th
After completing the 12th grade, students can enroll in the CMA Foundation course.
The duration of the CMA Foundation course is 8 months after passing 12th grade. Upon passing the Foundation level, students can proceed to the CMA Intermediate course, which takes about 10 months.
After passing the Intermediate level, students can enroll in the CMA Final course, which also takes about 18 months.
Therefore, the total CMA course duration after 12th is approximately 3 years.
CMA After 12th Grade
- CMA Foundation: 8 months
- CMA Intermediate: Approximately 10 months
- CMA Final: Approximately 18 months
- Total Duration: Approximately 3 year
CMA Course Duration After Graduation
The CMA Intermediate course takes about 10 months, followed by the CMA Final course, which also takes about 18 months. Graduates can directly enroll in the CMA Intermediate course, bypassing the Foundation level.
Thus, the total CMA course duration after graduation is roughly 2.5 years.
CMA After Graduation
- CMA Intermediate: Approximately 10 months
- CMA Final: Approximately 18 months
- Total Duration: Approximately 2.5 years
CMA Course Duration After BCom
The CMA course duration after BCom approximately 2.5 years. Similar to other graduates, BCom graduates can directly enter the CMA Intermediate course. The duration remains the same as for other graduates.
CMA After BCom
- CMA Intermediate: Approximately 10 months
- CMA Final: Approximately 18 months
- Total Duration: Approximately 2.5 years
CMA Course Duration After 10th
Students cannot enroll directly into the CMA course after the 10th. They must complete their 12th grade to be eligible for the CMA Foundation course.
CMA Course Fees
The fees for the CMA course in India vary depending on the level of the course. Here is a breakdown of the CMA course fees for 2024:
- CMA Foundation: INR 6,000
- CMA Intermediate: INR 23,100 (both groups)
- CMA Final: INR 25,000 (both groups)
These fees are subject to change, so it’s advisable to check the official ICAI website for the latest information.
Latest Details About CMA In 2024
As of 2024, the CMA course structure and duration remain largely unchanged. However, ICMAI continuously updates the curriculum to keep up with industry standards. It is recommended to stay updated with the latest announcements from ICMAI.
The CMA course duration varies depending on the student’s educational background. After the 12th, it takes around 3 years to complete the course, while after graduation or BCom, it takes about 2.5 years. The CMA course fees are reasonable, making it an accessible option for many students aspiring to build a career in management accounting.
What Is The Total CMA Course Duration In India?
The total CMA course duration in India is approximately 3 years after the 12th grade and 2.5 years after graduation or BCom.
Can I enroll In The CMA Course After The 10th?
No, you cannot enroll in the CMA course directly after the 10th. You need to complete your 12th grade to be eligible for the CMA Foundation course.
What Are The Fees For The CMA Course?
The fees for the CMA course in 2024 are INR 6,000 for the Foundation level, INR 23,100 for the Intermediate level, and INR 25,000 for the Final level.
How Long Does It Take To Complete The CMA Course After BCom?
The CMA course duration after BCom is approximately 2.5 years, assuming the student clears all exams on the first attempt.
What Is The CMA Course Duration After Graduation?
The CMA course duration after graduation is about 2.5 years, provided the student passes all exams on the first attempt.
