IMA (The Institute of Management Accountants USA)
is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) certification program along with other certification programs (CSCA and FMAA), continuing education, networking, and advocacy of the highest ethical business practices. Twice named Professional Body of the Year by The Accountant/International Accounting Bulletin, IMA has a global network of about 140,000 members in 150 countries and 350 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its six global regions: The Americas, China, Europe, Middle East/North Africa, India, and Asia Pacific.
For more information about IMA, please visit
www.imanet.org.
IMA and Symbiosis College of Arts and Commerce
We are very proud to mention that Symbiosis College signed a Memorandum of Understanding (MOU) and we now have the privilege of being a university partner of IMA. IMA offers the Certified Management Accountant (CMA) professional certification, and the new MOU allows us to integrate the CMA program with our B.COM program. This will commence in the academic year 2024–2025 and will lead to a degree of B.COM with specialization in Management Accounting.
The professional CMA Certification Programme consists of 2 Parts:
Part 1: Financial Planning, Performance, and Analytics | Part 2: Strategic Financial Management |
---|---|
15% External Financial Reporting Decisions | 20% Financial Statement Analysis |
20% Planning, Budgeting, and Forecasting | 20% Corporate Finance |
20% Performance Management | 25% Decision Analysis |
15% Cost Management | 10% Risk Management |
15% Internal Controls | 10% Investment Decisions |
15% Technology and Analytics | 15% Professional Ethics |
About CMA Certification: Accounting Certification | IMA (imanet.org) - CLICK HERE
Also each part has a professional exam of 4 hours which includes 100 multiple choice questions and two, 30 minute essays. Please refer to the following link for the further details on the CMA professional Exam.
CMA Handbook 3132024.pdf - CLICK HERE
As mentioned above the CMA Certification consists of 12 papers. All these 12 papers have been included in the B. Com syllabus over 3 years and they will have to be pursued in the given order. The student is expected to appear for all the college exams to earn B.Com with specialisation in Management Accounting.
Professional exam fees for Part 1 & 2 shall be paid by students to IMA directly.
Fees paid to college are inclusive of GST and include the following:
The course titles for the MAJOR paper for integrated Programme (B. Com with SPECIALISATION IN MANAGEMENT ACCOUNTING) will be as follows:
Semester 1 | Semester 2 |
---|---|
1. Information Technology & Analytics | 1. Financial Reporting |
Semester 3 | Semester 4 |
---|---|
1. Planning, Budgeting & Forecasting | “Semester 4 Subject Structure Under Finalization” |
2. Cost Management | |
3. Advance Financial Reporting | |
4. IKS |