Mastering the CMA Intermediate Course
by Aja Commerce Academy
The CMA Intermediate Course is a crucial step towards becoming a Certified Management Accountant. Along with traditional classroom lectures, Aja Commerce Academy has adopted various modern teaching techniques including online classes and comprehensive study materials to ensure that students benefit from a well-rounded learning experience and master the CMA Intermediate concepts.
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Understanding the CMA Intermediate Course
- Being the second stage of the CMA course, the CMA Intermediate Course is a professional certification program offered by the ICMAI and is designed to provide in-depth knowledge and understanding of various aspects of cost and management accounting, financial management, taxation and corporate laws. It consists of two groups, each containing four papers It is a valuable certification for those seeking to advance in their career in the finance field.
Eligibility Criteria and Prerequisites
- Candidates must pass the Class 12th examination from a recognized board and the CMA Foundation course of the ICMAI.
- Candidates awaiting results of degree examination may also apply for provisional admission. Those who have a degree of any recognized university or are pursuing an Engineering course (must have completed year two), or qualified engineers or equivalent in any subject other than fine arts and media, are eligible to apply for the CMA Intermediate course.
- Those who have cleared the CA Intermediate exam or the CAT course of the ICAI are eligible as well.
Benefits of Pursuing the CMA Intermediate Course
- Pursuing the CMA Intermediate Course offers several benefits including enhanced career opportunities, increased earning potential, improved professional competence, networking opportunities, etc. It is also flexible, making it ideal for working professionals who want to enhance their skills in the finance field.
Aja Commerce Academy: Setting the Standard
Introduction to Aja Commerce Academy
- Established in 2015, Aja Commerce Academy is a reputed institute offering CA/CMA Coaching in Hyderabad for aspirants in the finance and accounting field. Training our students with comprehensive coaching and effective teaching methods in Foundation, Intermediate and Final levels, we have consistently helped them achieve the top results and are now regarded as the best CA and CMA Coaching Institute in Hyderabad.
Expert Faculty and Support System
- All faculty members at Aja Commerce Academy have at least a Chartered Accountant Degree with impressive professional qualifications and rich academic and corporate experience. Our teachers are dedicated to imbibing their knowledge and guiding students to achieve success in CA and CMA since 15 years.
Unique Teaching Methodologies
- Aja Commerce Academy uses modern teaching tools and techniques than can help students engage with the material, provide personalized learning experience and improve academic performance. Our blended learning technique combines traditional classroom instruction with online learning which allows students to access course materials and improves outcomes as it provides more flexibility and personalized instruction.
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Course Structure and Modules
Module 1: Cost and Management Accounting
- This subject covers the topics of budgetary control, preparation of functional and Master budgeting, fixed and variable budgets, zero based budgets, standard costing and variance analysis, concept of learning curve and its application. It also helps students understand crucial decision-making tools including marginal costing and transfer pricing, tools for financial analysis and planning, the concepts of working capital management, cost of capital, capital budgeting, etc.
Module 2: Financial Accounting
- This subject covers the fundamentals of accounting and accounting for special transactions in Section A, preparation of financial statements and partnership accounts in Section B, self-balancing ledgers, royalties, hire purchase and instalment system, branch and departmental accounts in Section C, computerized accounting system and accounting standards in Section D.
Module 3: Laws and Ethics
- This syllabus aims to test the student’s ability to explain fundamental aspects of laws, understand the principles of corporate governance and ethical values.
- Section A (Commercial Laws): Indian Contracts Act 1872, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Indian Partnership Act 1932, Limited Liability Partnership Act 2008.
- Section B (Industrial Laws): Factories Act 1948, Payment of Gratuity Act 1972, Employees Provident Fund Act 1952, Employees State Insurance Act 1948, Payment of Bonus Act 1965, Minimum Wages Act 1948, Payment of Wages Act 1936, Pension Fund Regulatory and Development Authority Act 2013.
- Section C (Corporate Laws): Companies Act 2013 – Sec 1 to Sec 122, understanding the roles and responsibilities of a Director.
- Section D (Ethics): Business Ethics – importance, nature and relevance to business, values and attitudes of professional accountants, principles of public life, ethics in business.
Module 4: Direct Taxation
- This subject covers the basics of the Income Tax Act, heads of income and computation of total income and tax liability, Tax management, administration procedure and ICDS.
Module 5: Indirect Taxation
- This subject develops the student’s ability to understand the principles underlying the Indirect Taxation Statutes with reference to GST Act and Customs Act, compute the assessable value of transactions related to goods and services for levy and determination of duty liability, identify and analyse the procedural aspects under different applicable statutes related to indirect taxation.
Module 6: Cost Management and Financial Decision Making
- This subject provides an in-depth knowledge of the detailed procedures and documentation involved in cost ascertainment systems.
Section A: Introduction to cost and management accounting, decision making tools, budgeting and budgetary control, standard costing and variance analysis, learning curve.
Section B: Introduction to Financial Management, tools for financial analysis and planning, working capital management, cost of capital, dividend decisions, leverage analysis, capital budgeting and investment decisions.
Learning Resources and Study Materials
Comprehensive Study Materials
Aja Commerce Academy provides you with well-researched and the most comprehensive study material based on the latest syllabus released by The Institute of Cost Accountants of India (ICMAI) to help aspirants perform excellently and ace the CMA examinations.
Additional Learning Resources
Aja Commerce Academy covers each subject in depth to ensure that students grasp the concepts with ease as well as retain the knowledge for a smoother study experience. Every year, there may be some changes made by ICMAI in the syllabus of the CMA Intermediate. We at Aja Commerce Academy abide by any changes and updates and modify our coaching accordingly, while also providing additional study resources and references to the aspirants.
Mock Tests and Practice Papers
Aja Commerce Academy conducts regular mock tests and practice papers for enhanced understanding and to help students prepare well beforehand for the main CMA examinations. It not only helps students learn from their mistakes, but also trains them in time management, maintaining focus and being confident in acing the exams.
Aja Commerce Academy's Teaching Methodologies
Interactive Classroom Sessions
Our leading-edge infrastructure and superior learning environment, along with personalized guidance from our expert faculty gives an all-around study experience for our learners. We encourage interactive sessions for students to bring out their passion and learn the concepts with enthusiasm and zeal.
Case Studies and Real-World Applications
Practical training in the CMA curriculum is significant in ensuring that the aspirants have an opportunity to acquire on-the-job experience of a professional nature. Practical training develops necessary skills to apply theoretical knowledge in practical situations. Aja Commerce Academy trains students with various case studies that provide exposure to the overall socio-economic environment of organizations.
Practical Training and Workshops
Our faculty organizes workshops with CMA professionals and provides practical training to develop the students’ analytical skills and decision-making abilities, allowing them to apply theoretical knowledge in a practical setting.
Revision and Doubt Resolution
Revision sessions play a crucial role before the exam and give students the opportunity to review and reinforce their understanding of key concepts, identify areas for improvement and clarify any doubts. Aja Commerce Academy also ensures that students’ concerns and doubts are addressed promptly and effectively, providing them with accurate and helpful information.
Advantages of Joining Aja Commerce Academy
Personalized Attention and Small Batch Sizes
- Our friendly and dedicated professors pay personal attention to each student, solving their problems, helping them identify their weaknesses and maximizing their strengths. Timely and constructive feedback helps students improve and learn from their mistakes. We ensure that our batch sizes are small to ensure a qualitative study experience that is personalized and focused.
Regular Assessments and Progress Tracking
- To help students identify areas where they are struggling, our expert faculty tracks their progress over time and provides valuable feedback. We conduct regular quizzes, class discussions, performance tasks, mock tests, etc which also helps the teaching staff to tailor their instruction methods and meet the needs of individual students.
Industry-Oriented Curriculum
- While abiding by the updated syllabus of the ICMAI, Aja Commerce Academy provides comprehensive study materials and prepares students for the workforce with practical hands-on training and real-world experience. Our curriculum is designed to train students with job-specific skills and knowledge they need to succeed in the CMA field.
This is one of the best academies in Hyderabad. The faculty works on individual student's strength to make it core strength and weakness to convert it into strength. The style of teaching and practical examples make it easy for students to get a strong grip on the subjects. I would like to thank Sushma Madam for taking a great initiative and making Aja Commerce Academy the best path to building a CA/CMA student's career.
Excellent coaching for commerce students! Each and every subject is very well taught and made simple & fun. very experienced faculty to help students coming from other backgrounds too. One of the best Coaching Centres in Hyderabad!!
It's an amazing institution where the toughest subjects are taught in the easiest manner and Sushma ma'am is very encouraging and helpful. The things I like about Aja Commerce Academy include faculty knowledge, teaching style and tips and tricks for scoring well.
Excellent coaching with focus on concepts, understanding and presentation. Sushma Mam explains from the basics and makes the subject easy by linking with practical aspects. Highly recommended for all commerce students.
Exam Preparation Tips and Strategies
Effective Time Management Techniques
- Effective time management is crucial for success in CMA Intermediate examinations. Prioritizing, time allocation, practice, avoiding distractions, using time management tools and staying calm are some of the strategies that our academy trains the students in, for managing time efficiently during the examination.
Creating a Study Schedule
- Aja Commerce Academy takes special care to ensure that students are not overwhelmed by the syllabus or feel cluttered during their study time. We help students track their progress and adjust their study plan accordingly by creating a sophisticated schedule.
Tips for Tackling Multiple-Choice Questions
- Aja Commerce Academy ensures that its students are fully prepared for multiple-choice questions to avoid negative marking and achieve maximum scores. We train our students to be thorough with the material and understand key concepts and themes that are most likely to be covered on the exam. We also conduct regular mock exams and practice tests, along with time management tips and tricks to help students manage their time effectively and avoid mistakes.
Exam-Day Preparation
- Aja Commerce Academy prepares students for the actual CMA Intermediate examination which is crucial for them to achieve the highest score. We create a sophisticated study plan, assign time for reviewing the material, ensure that students are well practiced and mentally prepared to face the toughest questions on the paper.
Frequently Asked Questions
- CMA aspirants are required to prepare for 10 months before appearing for the CMA Intermediate Course.
Students can simultaneously study B.Com and CMA Intermediate, though it depends on the individual to manage time effectively and prepare for the best results.
- You can register for any of the CMA course by logging in to ajacommerceacademy.com or send an e-mail to [email protected]
- You may also contact us through call or WhatsApp on +918978685959
As of now, Aja Commerce Academy does not provide scholarships and financial assistance. Rest assured, admission fees for our coaching classes are pocket-friendly and very affordable.
The most common career paths after CMA that aspirants can apply for are Management Accountant, Financial Analyst, Accounting Manager, Cost Accountant, Senior Accountant, Corporate Controller, Chief Financial Officer(CFO), and many more.