Few lines about B.Com with Certified Management Accountant (B.Com CMA)
There are many colleges in Bangalore that offer global B.Com courses with the association of Certified Management Accountant (CMA), USA for the students.
Few lines about the B.Com degree course
The B.Com course is a 3-years undergraduate course that is divided into 6-semesters. The course is designed and guided by competent accounting professionals to groom the students to fill the supply-demand gap in the field of commerce and accounting. The course is designed in a way such that it aims to project students towards entrepreneurship while competing for admissions into master’s courses.
Few lines about Certified Management Accountant (CMA)
Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The CMA certification is offered by the USA based Institute of Management Accountants.
The CMA certified professionals work inside organisations of all sizes, industries and types including manufacturing services, public and private enterprises, non-profit organisations, academic institutions, etc.
Eligibility for B.Com CMA Course
The students who have passed their PUC or 10+2 with 50% in any stream from recognised board are eligible to apply for B.Com CMA course.
Admission Procedure
The students with relevant qualifications can join the B.Com CMA course by two modes. The first one is Merit based admission and the second one is direct admission.
Let’s discuss in detail
1. Merit Admission
There are many top educational institutes that conduct entrance exams for the B.Com CMA course. This mode is called merit admission mode. The entrance exams are conducted to select the serious and hardworking students from the group of non-serious candidates to the available limited number of seats in the colleges. The qualified students are allotted the merit seats and are given admission, the fees are fairly nominal for merit admissions.
2. Direct Admission
The students have another option of getting admission to B.Com CMA course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges under management quota. The direct admission students enjoy many special privileges like they are not required to apply for any institution-based entrance exam for getting admissions. They have an option to choose their desired colleges and book their seats even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
Course Curriculum for B.Com CMA course
The students of B.Com CMA course will be studying the following subjects during their course duration.
| Sl.No | Subjects of Study |
|---|---|
| 1 | Financial Accounting |
| 2 | Business Statistics |
| 3 | Business Economics |
| 4 | Management Process |
| 5 | Financial Planning and Performance |
| 6 | Corporate Laws |
| 7 | Commercial Mathematics |
| 8 | Indian Financial System |
| 9 | Financial Analytics and Control |
| 10 | Basics of Technical Writing and Organisational Communications |
| 11 | Environmental Studies |
| 12 | Corporate Accounting |
| 13 | Law and Practice of Banking |
| 14 | Principles of Marketing and Services |
| 15 | Financial Management |
| 16 | Financial Reporting |
| 17 | Corporate Financial Management |
| 18 | Advanced Corporate Accounting |
| 19 | International Business Environment |
| 20 | Corporate Finance |
| 21 | Financial Decision Making |
| 22 | Macro Economics for Business Decisions |
| 23 | Methods and Techniques of Cost Accounting |
| 24 | International Financial Reporting Standards |
| 25 | Advanced Financial Accounting |
| 26 | Business Taxation |
| 27 | Advanced Financial Management |
| 28 | Risk Management and Insurance |
| 29 | Business Laws |
| 30 | Management Accounting |
| 31 | Principles of Auditing |
| 32 | Goods & Service Tax |
| 33 | Accounting for Business Decisions |
| 34 | International Financial Management |
| 35 | Portfolio Management |
Career and Scope
The B.Com CMA degree opens many doors for excellent job opportunities. The B.Com CMA students are hired in both government and private organisations. As the CMA certification from the USA is a globally recognised one, every organisation will be looking for candidates with B.Com CMA certification.
Job Roles
Some of the important job roles available for B.Com CMA students are:
- Accountant
- Financial Analyst
- Account Executive
- Account Manager
- Tax Consultant
Salary and Emoluments
The fresh B.Com CMA students will be easily earning around 5 lakhs to 7 lakhs per annum. The experienced professionals will be earning around 7 lakhs to 9 lakhs per annum. The salary depends upon the location and recruiters.
Top Organisations hiring B.Com CMA students
Some of the important organisations hiring B.Com CMA students are:
- Accenture
- Ernst & Young
- IBM
- JP Morgan Chase
- Goldman Sachs
- Fidelity Solutions
- KPMG
Final Lines
There is a good demand for B.Com CMA students in the industry. The last decade saw an increase in hiring of the B.Com CMA by different organisations. The demand continues to stay in future and the B.Com CMA students are decently paid and are also given excellent opportunity for career growth. The students with an interest towards commerce can join the B.Com CMA course.