Direct Admission to CMA Intermediate: Eligibility and Process

Have you just completed your degree and wondering if you can take the direct route to your Chartered Management Accountancy (CMA) Intermediate examination? We have the answers you need. This article will guide you through the process of directly enrolling in the CMA Intermediate after your degree, and provide important information on eligibility criteria and application procedures.

Eligibility for Direct Admission

Direct admission to the CMA Intermediate examination is a possibility, especially if you have already qualified as a Chartered Accountant (CA). Here's what you need to know:

Direct Eligibility

CA Inter Qualified: If you are already a CA Inter qualified, you can directly write the CMA Intermediate without the need to take the CMA Foundation. The requirement is to have passed both groups of CA Inter. Degree or Engineering Graduates: Graduates with a recognized university degree or engineers who have completed their second year of engineering (or its equivalent) are eligible for direct admission to the Intermediate course. Commerce Graduates / Post Graduates: Candidates with a minimum 55% average in commerce subjects or 60% in other graduates, and candidates who have passed the Intermediate examination of ICMA or ICSI, can pursue the Chartered Accountancy professional course under the Direct Entry Route.

Application and Examination Process

Once you are eligible, here's how you can proceed:

Eligibility for CMA Intermediate

For those who have already qualified both groups of CMA Intermediate, you can register for the CA Intermediate. However, you must wait at least nine months from the date of registration before you can appear for the exam.

Article Ship and Exam Registration

Chartered Accountant Article Ship: After qualifying in both groups of the CMA Intermediate, you would need to complete one month of a course on ICITSS and then undergo a 3-year article ship under a practicing Chartered Accountant. CA Intermediate Examination: Only after completing 9 months of the article ship can you appear for the CA Intermediate examination. Article Ship for CA Final: With another 1.5 years of article ship under your belt, you can pursue the CA Final examination. On clearing both the groups of CA Final, you can apply for associate membership of ICAI and become a Chartered Accountant.

Additional Considerations

If you are currently pursuing any courses other than CA during your articleship, make sure to inform the ICAI through Form 112. Similarly, once you complete your CMA Intermediate, you can directly enroll for the CA Intermediate or CA IPCC, thus eliminating the need for the CA Foundation.

If you are a candidate seeking article ship in specific states like Assam, Andhra Pradesh, Bihar, Jharkhand, Karnataka, Tamil Nadu, or West Bengal, you can send your resume to the email indicated on the ICAI website.

Conclusion

Direct admission to the CMA Intermediate examination is possible if you meet the eligibility criteria. Whether you are a CA Inter qualified, a degree or engineering graduate, or a commerce/postgraduate with the necessary conditions, the process is clear and the opportunities are promising. Follow the steps outlined above to take the direct route to your CA Intermediate and beyond.

For more detailed information and to apply, visit the official ICAI website.