Degree must be from an accredited university. Foundation knowledge of economics, basic statistics and financial accounting is recommended.
CMA candidate need to pass the entire exams within three (3) years, otherwise student need to do registration once again.
|IMA membership fee||39||245|
|CMA registration fee||188||250|
|Examination fee - Part I||311||415|
|Examination fee – Part II||311||415|
|CA/ICWA course, India||CMA, USA|
|1. Indian course are generally long duration – average 3 to 4 years it takes||1.It is very short duration course – average 6 months to 12 months.|
|2. Recognized only in India||2. Recognized across world|
|3. Descriptive exams – Pass % is very low||3. Majority objective type exam – Pass % is higher|
|4. Very difficult curriculum – 16 papers, training requirements, More study rules etc||4. Not so difficult – only 2 papers|
|5. Exams 2 times||5. Exams 3 times|
|CMA Fresher in Industry||Approx. INR 4 lakhs to INR 6 lakhs in a year|
|CMA after 10 years in Industry||Approx. INR 20 to 30 lakhs (Current level)|
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