CMA-Career, Scope, Subjects, Eligibility

CMA-Cost and Management Accountant

ICMAP (Institute of Cost and Management Accountants of Pakistan) conducts the CMA course in Pakistan. ICMA Pakistan was established in 1951, and  got the statutory status through the Cost and Management Accountants Act, 1966 for the regulation of Cost and Management Accountancy studies in the country. Ministry of Finance, Government of Pakistan is the supreme regulatory authority of ICMAP. ICMAP is member of following international accounts associations.
1-International Federation of Accountants (IFAC),
2-The Confederation of Asian and Pacific Accountants (CAPA)
3-The South Asian Federation of Accountants (SAFA).
4-International Accounting Standards Board
Its head office is situated in Karachi and it has three offices in Lahore, Karachi and Islamabad. Institute of Cost and Management Accountants of Pakistan is offering CMA degree at its 9 campuses and 5 private coaching centers all over country. ICMA Pakistan is also offering distant learning facility for local and overseas students and has set up examination centers in Dubai (UAE )and Saudi Arabia for overseas students.

ELIGIBILITY CRITERION FOR CMA
Candidate must have passed FA, FSC, ICOM, A level or any equivalent examination with minimum 45 percent marks. Candidates who are waiting for their part 2 result and have got 45 percent marks in part one or appeared in all papers of A level can apply for provisional admission in Semester-1. After the declaration of their result they can get regular registration. You can apply for admission in CMA any time throughout the year. ICMA Pakistan conducts the examination of CMA two times in a year. (February, August) Registration and admission  forms are available at all the centers of ICMA Pakistan and you can also down load the admission form from the website of ICMA Pakistan. Foreign students will send their registration and admission forms to any regional office. Regular students will have to attend at least sixty percent lectures for appearing in the examination. Distant learning students will have to submit at least sixty percent assignments for appearing in the examination.

SUBJECTS AND COURSES IN CMA
Students study 18 different subjects in 6 semesters (semester duration 6 month) and 1 year professional competence level with 4 modules. Following subjects are taught in different semesters.
Semester – 1
Fundamentals of Financial Accounting
Business Economics
Business Communication and Report Writing
Semester – 2
Cost Accounting
Business Mathematics & Statistical Inference
Commercial Laws and Professional Ethics
Semester – 3
Financial Accounting
Enterprise Management
Information Systems and I.T. Audit
Semester – 4
Management Accounting
Business Taxation
Corporate Laws and Secretarial Practices
Semester – 5
Advanced Financial Accounting and Corporate Reporting
Risk management and Audit
Strategic Financial Management
Semester – 6
Strategic Management Accounting
Investment Analysis and Portfolio Management
Strategic Management
Exemption Policy
If you have graduate or master level degree from any HEC recognized institute then you can apply for exemptions according to the schedule of exemption,recognized by HEC or professional accounting bodies. If your qualification or degrees do not lie under the schedule of exemption then exemption will be granted on case to case basis.

CAREER SCOPE
Management accountants have become indispensable part of the modern management team. Every organization needs their special skills to improve their management. They provide  guidance on all matters related to strategic financial management. Management accountants have become pioneers, innovators, trend setters, decision-makers and integral members of any management team. Globalization of world economies has increased their demand all over the world. ICMA Pakistan also provides free placement services to its members and students. CMA degree holders have following career options.
Special auditor
Corporate Adviser
Management accountants
Business managers
Cost auditor
Tax adviser
Management Consultant
Liquidator
Internal auditor
Director Finance
Company secretary
Tax auditor
Finance manager
Financial analyst
Cost accountant
Chief financial officer
Financial controller

ICMA Pakistan Contact Information

ICMA Pakistan South Region Contact Details
Karachi – Head Office
Address – ICMAP Building St-18/C, ICMAP Avenue, Block 6, Gulshan-e-Iqbal, Near NIPA Chowrangi Karachi 75300
Tel : 021-99243593, 99243598, 99243618
Fax : 99243342
Cell : 0334-3103198
E-Mail : admissions.sr@icmap.com.pk
City Campus, Karachi
Address ICMAP City Campus, Plot no. 36/4, Hussain Shah Shaheed Road, Soldier Bazar Karachi-74400
Tel : 021-99239729, 99239730
Fax : 021-99215778
E-Mail : admissions.sb@icmap.com.pk
North Nazimabad Campus, Karachi
Address C-19, Block D, Near Five Star Chowrangi,North Nazimabad, Karachi.
Tel # 021-99239611-12,
Cell # 0311-8956968
E-Mail – nnc@icmap.com.pk
Hyderabad Campus
Address- Adjacent to Mc Donald ‘s Auto Bhan Road, Latifabad No 3 Hyderabad
Tel # 022-3411020-21-22
Mobile # 03335-2889972
E-Mail- admissions@icmap.com.pk
Central Region
Lahore Campus
Address    :ICMA Pakistan Campus, 42 Ferozepur Road, Lahore.
UAN    :    042-111-042-262
Tel    :    042-37578494, 37550897, Cell: 0332-4455890
Fax    :    042-37589185
E-Mail    :    lhr@icmap.com.pk
Multan Campus
Address            ICMAP Street, Shalimar Colony, Bosan Road, Multan
Tel    :    061-9210249 & 50, 061-6513465
Fax    :    061-9210248
E-Mail    :    mul@icmap.com.pk
Faisalabad Campus
Address    335 – B Peoples Colony No.1 Near McDonald’s, Satiyana Road Faisalabad
Tel    :    041-9220103, 8735335
E-Mail    :    fsd@icmap.com.pk
North Region
Islamabad Campus
Address    ICMAP Campus, Plot No. 16, Sector H-9, Islamabad.
Tel    :    051-9258870 & 71, 9257345 & 46
Fax    :    051-9259103
E-Mail    :    isb@icmap.com.pk
Rawalpindi Campus
Address    :Plot No: 112-B, Mallhi Plaza, Murree Road, Rawalpindi Cantt.
Tel    :    051-9257345, 46
E-Mail    :    isb@icmap.com.pk

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