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BCom with CMA (Certified Management Accountant) enables the students to obtain substantial fundamental knowledge of various financial and management accounting subjects while pursuing BCom. Students after completing their 10+2 with any subject are eligible to apply for BCom with CMA Courses. ICWAI is the only exam that is conducted for providing admission in CMA courses at different levels such as - Foundation courses, Intermediate courses, and final courses. The average course fees of BCom with CMA range from INR 50,000 - 2,00,000. Graduates get hired to various job profiles such as Finance and Accounting Managers, Budgeting Managers, Investment Managers, etc.
BCom with CMA: Course Highlights
| Particulars | BCom with CMA |
|---|---|
| Course Level | Graduate |
| Duration | Min. 3 years Max. 6 years |
| Full form | Bachelor of Commerce with Certified Management Accountant |
| Eligibility | 10+2 passed from a recognized board. |
| Course Fees | INR 6,000- 3.8 Lacs. |
| Average Starting Salary Package | INR 4.5-8 LPA |
| Top Recruiters | AXA Insurance, Philips, Qualcomm, Grant Thornton, Metlife Inc., Electronic Arts, Alexion, National Information Services, EXL Service, Citrin Cooperman, TE Connectivity etc. |
| Job Profile | Budgeting Managers, Investment Manager, Costing Manager, Payable Manager or Receivable Manager etc. |
BCom with CMA: Admission Process
In general, admissions to many top colleges are done by entrance tests, exam patterns, and registration details are given below
- Fill application form: By visiting the websites of the respective colleges read the instructions well to fill out the form correctly.
- Documents required: The filling form requires Various documents such as an Aadhaar card, PAN card, photographs, bachelor’s degree mark sheet, etc.
- Recheck before final submit: Before finally submitting the admission form make sure your form hasn't any errors.
- Make payment: After filling admission form payment of fees will be done via online mode.
- Print confirmation slip: After making payment print out the final confirmation page for future reference.
- Download admit card: Download the admit card approximately 2-3 days before the exam.
- Attend Counselling: After completing the exam and releasing results candidates have to participate in counselling for the selection of institutes/colleges.
BCom with CMA Eligibility Criteria
Candidates seeking admission in BCom with CMA course should have 10 + 2 or its equivalence and Registration in CMA Foundation Course.
| Level Name | Eligibility | Course Fee |
|---|---|---|
| CMA Foundation | Candidates must have qualified 10+2 Graduates can directly apply for CMA Intermediate. | INR 4000 |
| CMA Intermediate | Students must have passed 10+2 They must have completed CMA Foundation Course Candidates who have qualified ICSI Foundation or ICAI Intermediate can apply for this course Applicants will have to complete CSS for 3 days and Computer Training for 100 hours. | INR 20,000 |
| CMA Final | Candidates who have passed CMA intermediate can apply | INR 17,000 |
What is required to earn CMA certification?
- A bachelor's degree from an accredited college/university or a related professional certification
- Two continuous years of professional experience in management accounting or financial management, which can be completed after passing the exam, but are required as a final step to certification
- Passing Parts 1 and 2 of the CMA exam.
- Active membership in IMA (Institute of Management Accountants).
BCom with CMA: Entrance Exams
The Institute of Cost and Management Accountants of India conducts an ICMAI exam for offering CMA course admission in India.
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ICMAI: This exam is conducted to provide admission in CMA courses at different levels such as the Foundation course, Intermediate course, and final course.
CMA Exam Pattern
- The CMA exam is fully computerized(online mode) and is available at hundreds of prometric centers around the world.
- Candidates can take the exam 6 months out of the 12 each year.
- There are two parts in the exam. Each part is 3 hours long for 100 multiple choice questions.
- The second section is essay writing . Candidates will be given 30 minutes for each of the two essays. Total testing duration is 4 hours.
- Candidates must pass at least 50% of the first (i.e. multiple choice) section in order to advance to the essay questions. They can use any time remaining from the multiple choice questions towards the essay portion.
- The exam is held in three examination windows in a year namely Jan & Feb/May & June/ Sept & Oct.
- The total marks per paper is 500, and minimum passing is 362 marks and minimum 72%.
Tips to Clear CMA Exam
- Plan creation: Create a plan by analysing previous year papers to which chapters or topics you are strong or weak .Collect the detailed information of the syllabus of the exam which you have to study for the exam.
- Identify easy and weak areas: Mark the subjects that are easy and difficult for you and manage your time in an effective way.
- Practice mock tests: Solve previous year papers and improve the mistakes you have made during attempting the paper.
- Analyse practice paper: Candidates are advised/suggested to do more mock tests as it gives them a better idea about the type of questions and the difficulty level asked in the exam.
- Work on time management: The main focus while doing mock tests is to focus on time management skills so that all the questions asked in the timing of the exam can be completed within time.
BCom with CMA: Top Colleges
Some of the best colleges offering BCom with CMA course are given below in table:
| College name | Average Total Fees |
|---|---|
| Jain University | INR 6.3 Lacs |
| Global Centre for Entrepreneurship and Commerce (GCEC), Jaipur | INR 2.98 Lacs |
| Impact Institute of Management Studies | INR 3.5 Lacs. |
| Christ University | INR 7.25 Lacs |
| Joseph's College of Commerce | INR 4.05 Lacs |
| Garden City University | INR 4.14 Lacs |
BCom with CMA: How to Get Admission in A Good College?
- Prepare seriously for the entrance exams as you can get a top college on the basis of these entrance examinations scores.
- Check the reviews and placement rates of colleges through visiting their websites. It will develop your confidence about taking admission in that particular college.
- Prepare seriously for on-campus interviews required by various top colleges. Dress professionally and send thank you notes expressing your continued interest in their institution after the interview.
- Understand the exam pattern and syllabus for the entrance test conducted by that particular college for which you are applying.
- Each competitive exam is different from the others, so it is important to read the guidelines and process carefully before applying for the exam.
- Planning a regular routine for a positive mindset. You should have a healthy diet, regular exercise, and drinking lots of water.
- High scorers in entrance examinations got allotted to top most BCOM with CMA colleges in India.
Why BCom with CMA?
Some of the reasons to pursue BCOM with a CMA course are mentioned below.
- High Demand: It is one of the most demanding and high paying career streams among the candidates who are interested to follow their passion.
- Decent pay packages:Average packages for BCOM with CMA graduates are on the higher side for both private and public organizations.
- Great Scope:BCOM with CMA course Syllabus is designed in such an effective way which helps the students to become technically strong, empowered to meet the challenges, and have a wide-ranging career.
BCom with CMA: Syllabus
Below given is the list of topics and subjects you will study during the course.
| Environmental Studies | Business Law and goals |
| English Language learning | Business Mathematics and Statistics |
| Business Organization and Management | Business Administration |
| Financial Accounting | Language I |
| Income Tax Law and Practice | Cost Accounting |
| Business Communication | Language II |
| Company Law and tax planning | e-Commerce |
| Computer Applications in Business | Corporate Accounting |
BCom with CMA: Job Prospects
| Job profiles | Average annual Salary |
|---|---|
| Financial Analyst | INR 4.1 Lacs |
| Certified Management Accountant | INR 5.1 Lacs |
| Financial Director | INR 36 Lacs |
| Chief Financial Officer | INR 35.1 Lacs |
BCom with CMA: FAQs
Ques. What are the various skills required for BCOM with a CMA course?
Ans.Some Skills such as strong communication skills, listening, creative thinking skills, Problem solving skills, Leadership, Managerial skills are required.
Ques. What is the best BCOM with CMA college in Bangalore?
Ans. Some colleges such as Jain University, Christ University are best BCOM with CMA course offering college in Bangalore.
Ques. Is doing BCOM with a CMA course a better option?
Ans. Definitely yes, It enhances the pay packages, skillsets of candidates and increases chances of getting hired by the top companies.
Ques. Can I get direct admission in universities for pursuing BCOM with a CMA course?
Ans. Yes, there are some universities/ colleges that provide direct admission for the course on the basis of merit.
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