Commonly Asked Questions by Students

Any graduate without any particular stream i.e,Arts,Science ,Commerce can enter into this course,however since the papers are commerce based, this is most suitable to commerce students.However,it has been experienced that students with Science and Arts background also complete the course without any difficulty and become Cost Accountants. Students pursuing CA and CS course also can pass out this course easily. Even it is seen that there are a large number of Engineers having qualification of CMA.

The Course of Intermediate CMA is one year and Final is also one year,two years in total. However passing the course needs utmost devotion in studies and an average student can conquer this course within the stipulated time or an additional one and two years.A minimum vigorous study of 5 to 6 hours a day can make the student pass out successfully.

Though the employment opportunity is not plenty for Intermediate pass-outs ,yet it is not so difficult to get the post of Accountants, Management Trainees, Junior Managers in both Public sector and Private Sector companies.

 For pursuing the course being an employee somewhere is not a limitation.You can continue the course even if you are employed.

 There is no time limit for completing the course.However, if the course is not completed within a period of seven years, the registration of the student is cancelled and he has to apply for a new registration.

 The Chapter provides coaching through efficient teachers who are academicians, Cost Accountants serving and in practice and professionals drawn from various streams .Hence qualitative teaching is provided through new and modern techniques including visit to industries for practical exposure. Attention is provided for doubt clearing in each subjects with extra classes and due recognition is sought for each and every student for their clarity and better understanding.

 A fresher passing out Final CMA Course without any industrial or working experience can get an employment as Asst.Manager, Deputy Manager in large PSUs with a salary package of 6 to 10 lakhs p.a.The salary can be more in large Pvt.Sector and still more as long as he acquires more experience and by lapse of time he can become General Manager(Finance),Chief Finance Officer(CFO), Executive Director(Finance), Director (Finance) and even Chairman cum Managing Director (CMD).

There is a special cadre of appointment to Cost Accountants under the All India cadre under the genesis ICAS (Indian Cost Accounts Service),which is not applicable and available to other professionals like CAs and CSs

 The Institute of Cost Accountants of India conducts regular campus interviews and selection through the Head Office and at various other places.

 It has been specified by the Institute of Cost Accountants of India(ICAI) that in order to be eligible to appear at the Final Examination of CMA, the candidate should have practical experience of at least six months with a Practising Cost Accountant’s Firm or in any industry approved by the Institute/Chapter. However, the Chapter renders immediate help and guidance to a student for gaining practical experience.

 The Chapter conducts seminars for the students in which the writing and speaking ability of the student is enriched. Similarly essay competition in contemporary issues,quiz competitions other literary competition, instrumental music,dance and song competitions are held to foster a spirit of gaining extra curricular activities.Mock interviews are also held to build the students courageous and smart to face the interviews and become successful. A skill of PPT presentation is also developed among the students.

 A minimum of 100 hours of Computer training is provided by the Chapter as per the Institute’s guideline while getting coaching in Intermediate CMA course. Hence a student becomes computer literate and the computer coaching is provided through Professionals having practical exposure in the line and as per the syllabus.

 A Chapter is a branch of the Institute of Cost Accountants of India,Kolkata. In India, there are about 90 Chapters scattered throughout the Country and 7 chapters located abroad. A Chapter promotes the activities of the Institute thereby providing oral coaching to the students and conducting seminars ,workshops, symposiums for the development of members.

 If any one passing Final CMA course does not want to go for jobs he can start his independent practice as a Cost Accountant after obtaining a license from the Institute.

 A Practising Cost Accountant can perform Cost Audit of the Companies as provided in the Companies Act, 2012, Internal audit of Central & State PSUs,Audit under Central Excise and Service Tax Acts, Audit under State VAT Act ,concurrent audits of Banks, Project appraisal jobs of Bank, consultation in Direct and Indirect Tax, Management etc. He can also practise as a Surveyor & Loss Assessor for various claims of Insurance Companies, can become a Registered Valuer and a lot more.

Following advantages merge if a student joins CJK Chapter
(i)The Chapter is located at OMP Square,Cuttack very near to the bus stop and railway station and any outstation student can easily attend the classes very easily even from far off places like Kendrapara, Jagatsinghpur, Paradeep and its peripheral area.
(ii)One University named Ravenshaw University and two colleges namely JKBK College and Cuttack College are in close proximity of the Chapter .
(iii)Since the Chapter is located at a central place of the city, there is very less chances of inconvenience for the students of the City.
(iv)The facilities of buses,cabs,tempos and other means of communication is available at the doorstep.
(v)Eminent and efficient faculties representing academics,industry and practice makes the environment of studies gigantic.
(vi)Facilities of hands on computer, library, teaching through modern techniques, industrial visits, practical training, various literary and indoor games activities along with a desire of motivation for musical competitions etc nurtures to be perfect professional person.
(vii)A cool and undisturbed place for a perfect educational harmony
(viii)A genuine place for doubt clearing through extra classes, personal touch with every student for betterment and development of personal skill and humanitarian growth
In case of any doubt may contact the Chapter Office immediately