CGMA (Certified Global Management Accountant)

1 cima -CMA Exemption Mapping (as per MoU_Feb 2015) Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1/5 Note : Total Number of papers exempted in cima for CMAs = 16 (papers) - [ Certificate in Business Accounting (5 exemptions) and professional qualification (11 exemptions) Total Number of paper to appear in cima for CMAs = Strategic Case Study Exam only For further details please visit relevant websites: Select "India" in Location. Note: Corresponding exemptions relating to CMA Members/passed finalists enrolled to the cima Course , through CPGA route ( as per MoU of 2008) and presently pursuing cima at various levels - would be declared after 31st March,2015.]

2 CMAs while pursuing cima , UKACMA/FCMAE xempted from All PAPERS upto STRATEGIC LEVEL Appear in Strategic Case Study -Exam On passing the strategic case study, proven members of the Institute will need to demonstrate experience (as specified in cima 'sPER) to obtain cima membership and be awarded with the globally acclaimed title of Chartered Global Management Accountant (CGMA) CGMA (Certified Global Management Accountant) cima -CMA Exemption Mapping (as per MoU_Feb 2015) Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 2/5 Note : Total Number of papers exempted in CMA for cima professionals = 14 (fourteen) Total Number of paper to appear in CMA for cima professionals = 6 (six) Note: cima Members registered to the CMA Course, through CPGA route ( as per MoU of 2008) and presently pursuing CMA at either Intermediate or Final levels - would be eligible to avail the exemptions as per this revised MoU.

3 Hence, the benefit shall be available from June 2015 term of Examination. Students willing to avail this benefit shall however have to seek exemption (if not availed) and also have to apply for Examination following the process, so as to be eligible for claiming exemption. Institute reserves the right to decide on the eligibility for exemption and grant exemption thereon. For any further clarification, you may write to : / Exemptions for CIMAs while pursuing CMA CourseExempted from All 4 (four) papers of Foundation Course Intermediate CourseExempted from Papers -5, 8, 9, 10,12 Appear in Papers -6,7, 11 Final CourseExempted from Papers -14, 15, 17, 18,20 Appear in Papers -13,16,19 cima -CMA Exemption Mapping (as per MoU_Feb 2015) Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 3/5 CMA Syllabus _ Papers (at a glance)

4 CMA papers For cima Members Foundation P1 Fundamentals of Economics & Management Exempted P2 Fundamentals of Accounting Exempted P3 Fundamentals of Laws and Ethics Exempted P4 Fundamentals of Business Mathematics & Statistics Exempted Intermediate P5 Financial Accounting Exempted P6 Laws, Ethics & Governance Appear and qualify P7 Direct Taxation Appear and qualify P8 Cost Accounting & Financial Management Exempted P9 Operations Management & Information System Exempted P10 Cost & Management Accounting Exempted P11 Indirect Taxation Appear and qualify P12 Company Accounts & Audit Exempted Final P13 Corporate Laws & Compliance Appear and qualify P14 Advanced Financial Management Exempted P15 Business Strategy & Strategic Cost Management Exempted P16 Tax Management & Practice Appear and qualify P17 Strategic Performance Management Exempted P18 Corporate Financial Reporting Exempted P19 Cost and Management Audit Appear and qualify P20 Financial Analysis &

5 Business Valuation Exempted cima -CMA Exemption Mapping (as per MoU_Feb 2015) Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 4/5 Operational Modalities: for cima Members to pursue CMA: 1. Registration to the Intermediate Course directly ( as cima Members are exempted from Foundation Course). 2. Intermediate Course Fee : ,000 (Rupees Twenty Thousand only) [ selecting either Oral or Postal Mode of Coaching] . All registrations are to be made through "on-line admission" only. [ On-line Admission : ] 3. qualification -based Subject Exemption Fee : @ ,000 per subject ( for exempted 4 papers of Foundation Course; 5 papers of Intermediate Course and 5 papers of Final Course) = 14 subjects exempted @ ,000 per subject = ,000 (Rupees Fourteen Thousand only).

6 The qualification -based subject exemption fee shall have to be paid at the time of registration to the Intermediate Course only. 4. Total Payment at the time of Registration : Rs.(20,000 + 14,000) = ,000 (Rupees Thirty Four Thousand only) [ On-line Admission: ] 5. cima Members pursuing CMA Course would be eligible for availing exemption from undergoing 100-hours Computer Training Course and Communication & Soft Skills Training at the Intermediate Level. 6. CMA students (with cima Membership, availing benefits of this MoU) while upon enrolment to Final Course shall also be exempted from undergoing Industry Orientation Training Program (IOTP).

7 7. Fee for availing exemptions from undergoing prescribed trainings at Intermediate and Final Course shall not be levied further and hence there shall be no refund. CMA Students with cima Membership shall be eligible for this exemption only. cima -CMA Exemption Mapping (as per MoU_Feb 2015) Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 5/5 Examination : Guidelines 1. At the Intermediate Level If applied and appeared for individual group Group I - Paper 6 & 7 Must secure at least 50% in aggregate and at least 40% in each individual paper to qualify Group I Group II - Paper 11 Must secure at least 50% in Paper 11 to qualify Group II If applied and appeared for both groups Papers 6,7 and 11 Must secure at least 40% in all the papers but at least 50% in aggregate to qualify Intermediate Course.

8 2. At the Final Level If applied and appeared for individual group Group III - Paper 13 and 16 Must secure at least 40% in each individual paper and 50% in aggregate to qualify Group III Group IV - Paper 16, 19 Must secure at least 50% in Paper 19 to qualify Group IV If applied for both groups Papers 13,16 and 19 Must secure at least 40% in all the papers and at least 50% in aggregate to qualify Final Course. EACH STUDENT SHALL ABIDE BY THE LAWS, PROVISIONS AND PROCEDURES for pursuing the CMA Course - as applicable or may be amended from time to time. For any help/clarification required please communicate with : CMA Chiranjib Das, Joint Director Head - Academics Dpt.

9 And Tax Research Dpt. In-Charge: Directorate of Studies OR