cost accountancy

For Guys who wish to make a career in Finance , Cost Accountancy is a great career move.
What is it:Cost accounting deals with the cost and benefit analysis of a product or service, it demands analytical and attentive mindset with an objective outlook. Fair amount of awareness about global economic contitions is important. The CMAs often deal with making future projections and forecasts regarding the prices, costs etc. which makes it important to have good judgemental qualities. The job also involves interacting and working with a number of people and to coordinate with them requires, good communication skills and team spirit.
The whole program is as:


FOUNDATION: Eligibility:Candidates who have passed senior secondary under 10+2 scheme in any discipline . The Foundation Course has the following subjects.
Business Fundementals and Economics
Management and Organisation
Basic Mathematics and Statistics
Commercial Laws
INTERMEDIATE: Elegibility:Candidates who are 17 years of age and have completed graduation in any discipline or those who have cleared the Foundation Examination . It is obligatory for registered students to undergo either postal or oral tuition imparted by the Institute before appearing for the Intermediate and Final Examinations. The following are the subjects in the Intermediate Examination.
GROUP I:
Financial Acounting
Cost Accounting
Corporate Laws and Secretarial Practice
Direct Taxation
GROUP II
Cost and Management Accounting
Auditing
Indirect Taxation
Quantitative Methods

FINAL: After clearing the Intermediate Examination, students are eligible to appear for the Final Examination. The subjects in the Final Examination are
GROUP I
Advanced Financial Accounting
Information Technology and Computer Applications
Operations Management and Control
Project Management and control
GROUP II
Advanced Management Accounting - Techniques and Applications
Advanced Financial Management
Advanced Management Accounting - Strategic management
Cost Audit

After successfully clearing all the papers of both Intermediate and Final Examinations, students can apply for the Associateship of the Institute. Students having practical experience of 3 years in fields of financial/cost accounting and commercial aspect of an industry can apply for the Associateship.