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All about B.Com (CMA) Course


All about B.Com (CMA) Course

Last updated: 14 Sep 2020

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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.

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