CMA Foundation Overview

 

 CMA  (Certified Management Accountant) certification is a professional credential that can be earned in the advanced management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world.

About Our Company:

Certified Management Accountant (CMA) is an accounting or finance specialist. CMAs work in the areas of financial planning, analysis, and management decision-making. Many accountants, auditors, and financial analysts earn the CMA designation to advance in their careers. The CMA credential has specific education and work experience requirements. You must also earn a passing score on the CMA certification exam.

What are the course objectives?
  • To develop the area of management accounting as a recognized profession by identifying the role of the management accountant in the field of risk management, internal decision making, planning and cost management, budgeting etc.
  • To administer a certification designed to validate competence and practical skills of accountants employed by today’s dynamic business entities.
  • To set minimum criteria in measuring academic standards in the field of management accounting.
  • To embolden management accountants to keep abreast of the changing conditions in the global business environment and pursue continuing professional development.
CMA Foundation Course Duration?

Foundation Program- 6 months

Foundation Course: INR 3,500/- 

CMA Foundation Course Certification?

To be fully certified, you must have 2 continuous years of professional experience.
And as a CMA you need to maintain your license with active IMA membership and 30 hours (including two in ethics training) of CPE credits annually

Our Training Features:

N

Experienced Trainers

N

Flexible Timings

N

Placement Assistance

N

Hands on Training

N

Online Training

CMA Foundation Course Syllabus 

Course Syllabus :

 1 – Fundamentals of Economics & Management

Section A : Fundamentals of Economics 

  • Basic concepts of Economics
  • Forms of Market
  • National Income
  • Money
  • Banking

Section B: Fundamentals of Management 

  • Evolution of Management Thought
  • Management Process
    (a) Introduction, Planning, Organizing, staffing, leading,
    control, communication, co-ordination
    (b) Concept of Power
    (c) Leadership & Motivation
  • Group Dynamics & Organizational Conflicts
    (a) Group Dynamics
    (b) Management of Organizational Conflicts
  • Decision-making – types and process

    2 – Fundamentals of Accounting

Section A : Fundamentals of Financial Accounting

  •  Accounting Process
  • Reconciliation Statement
  • Accounting for Depreciation
  • Preparation of Final Accounts
  • Accounting for Special Transactions

Section B: Fundamentals of Cost & Management Accounting 

  • 6. Fundamentals of Cost Accounting
    7. Fundamentals of Management Accounting – basic knowledge

 

3 – Fundamentals of Laws and Ethics

Section A : Fundamentals of Commercial and Industrial Laws

  • Laws of Contracts
  • Laws relating to Sale of Goods
  • Indian Partnership Act,1932
  • The Child Labour (Prohibition and Regulation) Act,1986

Section B: Fundamentals of Ethics

  • Ethics and Business

    4 – Fundamentals of Business Mathematics & Statistics

Section A: Fundamentals of Business Mathematics 

  • Arithmetic
  • Algebra
  • Calculus

Section B: Fundamentals of Business Statistics

  • Statistical representation of Data
  • Measures of Central Tendency and Dispersion
  • Correlation and Regression
  • Index Numbers
  • Time Series Analysis- basic applications including Moving Average
  • Probability
  • Theoretical Distribution

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Our Student Reviews

I was able to find free essay questions and answers online that you can use to practice. Please click on this link to get to the article. I hope this helps

 

 

Satheesh

I’m so sorry to hear that you did not pass the exam. Don’t lose hope. With a little more studying and practice, you will pass and earn the CMA credential. I’m here to help you along the way.

 

Somu

A studying technique that I heavily used was SQ3R. I highly recommend it for you as it will help you remember at least 80% of what you study. Try to use it and let me know how it goes. Best of luck Hany!

 

 

Satheesh