The Certified Management Accountant (CMA) fees involve an annual IMA membership cost, an entrance cost, and a fee for each section on the two-part examination. The full cost of CMA fees for the students is approximately 1,014 USD (About INR 87,000) with a membership fee of 49 USD, entrance fee of 225 USD, and an exam fee of 370 USD per part. Professional members have to pay more fees with approximate cost of around 1,685 dollars (INR 1,36,500) as membership fees and examination fees are more as compared to professional members.
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Certified Management Accountant Top Institutes Fees 2024/2025
To be eligible for the Certified Management Accountant (CMA) course, candidates must have a bachelor’s degree (in any stream) or a recognized professional qualification from a recognized institute, and at least two years of relevant work experience in management accounting or financial management.
Additionally, all candidates must hold an active membership with the Institute of Management Accountants (IMA) and pay applicable fees, including annual membership, entrance, and exam fees.
Certified Management Accountant India Fee Structure (via ICMAI)
The CMA course in India is conducted in three levels: Foundation, Intermediate, and Final. Candidates pay separate fees for each stage.
Certified Management Accountant USA Fee Structure (via IMA USA)
Also, read Certificate in Accounting
Top Certified Management Accountant Coaching Institute Fees in India
FAQs
Is the CMA entrance fee paid once in the case of different parts?
Yes, entrance fee is paid the first time during the enrolment into the CMA program. But in case you fail to complete both parts of the exam in 3 years you have to pay the entrance fee once again to re-enroll.
Are CMA exam fees refundable?
No CMA exam fees will not be refunded even when you do not attend/sit the scheduled exam. Within the policies, however, you have the ability to reschedule (but with an extra fee sometimes).
What are the additional expenses of reviewing courses in CMA or coaching?
In India CMA training organisations can cost between INR 40,000 to 1 LPA or more depending on how exactly the training course material is delivered (classroom/online). IMA and exam fees excluded.
Do CMA applicants get scholarships or discounts?
Of course, there is the CMA Scholarship available through the IMA which may cover membership, entrance fees, and the examination fee of up to 10 students per college a year. Other training institutes of India too provide some discount on early/ meritorious candidates.
Is it possible to pay the CMA fees in installment?
There is no formally required installment structure, costs are paid upon each occurrence as you advance: registration, membership, entrance, and then per-exam section. There are review centers which have their own tuition installment facilities.
What does the CMA fee not cover?
Fees exclude coaching, travel, accommodation for exam centers, other study materials that a student buys beyond the college and local taxes imposed on third-party/course providers.
How can students reduce the overall cost of the CMA qualification?
Students can reduce expenditure by passing the two stages in the first sitting and by claiming scholarships. Students can do early applications to ensure fees are fixed before announced increases, and few instances of annual renewals.
