This is the primary qualification of the ICMAI following completion of up to three levels (Foundation, Intermediate, and Final) examinations and three years of practical training in areas like Management Accounting, Cost Accounting, Financial Accounting, Taxation, Cost audits, GST audits, Internal audit, Corporate laws, etc. and enables an individual to become a CMA (Cost & Management Accountant). • The institute has introduced new Syllabus 2022 which fulfills the requirements of the New Education Policy, 2020 and has increased the level of skill development and improved Course Learning objectives • The old syllabus was introduced in August 2016 following the International Education Guidelines (IEG) of
IFAC to get the advantages in the process of Mutual Recognition Agreement (MRA) among different member countries of the world under GATS in
WTO. • Subjects for examinations include
Cost Accounting,
Management Accounting,
Corporate Law,
Financial Accounting,
Operations Management,
Strategic Management,
Taxation,
Financial Management, Strategic Cost Management, Cost and Management Audit,
Performance Management &
Business valuation, etc. • Students who have passed the degree examination of any recognized university or equivalent are eligible for admission directly to the Intermediate Level. • Paper-wise exemptions on the basis of reciprocal arrangement are available to students who have passed
Institute of Company Secretaries of India examinations. • Examinations are held twice a year, in June and December, in various examination centers in India and overseas centers. The results are declared in August and February for the June term and December term exams respectively. ==Notable alumni==