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- Examination
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- Objective
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The main objectives of examination of the Institute
are:
- To test the candidates in various prescribed
subjects taught during a specified period of time
in order to ensure whether or not they have the
requisite knowledge and skills to become member
of the Institute.
- To provide reasonable assurance to the members
and public that the candidates passing the examination
possess the requisite knowledge and skills.
- Eligibility
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The following regulations cover the eligibility
requirements for taking the ICMAP examination:
- The students, who are enrolled under
the Coaching Course programme in a particular
session, must have attended at least 75% lectures
in the class and secured 60% marks in online
Tests, Class Presentation and Class Participation
in order to become eligible to appear in the
final examination of the subject.
| Class
Participation |
15% |
| Class Presentation |
25% |
| 1st
Class Test |
30% |
| 2nd Class Test |
30% |
| Total:
|
100% |
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The students, who are enrolled
under the Correspondence Course programme,
have to submit100% assignments on or befor
20th June and 20th December and must have
obtained 50% marks in each assignment. The
students, have to appear in two (2) online
tests for each subject and the student who
secure aggregate 50% marks in tests will
be eligible to appear in the final examination
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The students, who are enrolled under
the Internet Based Distance Learning Programme
(IBDLP) have to appear in two online tests and
should pass at least one test to become eligible
to appear in the examination.
If a student fails to qualify any stage
within two years, the student shall be required
to take fresh admission either in Coaching Classes
or the Correspondence Course or IBDLP, so that
he/she may acquire the requisite degree of knowledge
in the subjects of that Stage in order to pass
the examination.
- Examination Progression Scheme
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The students who join ICMAP first time and applied
for exemption(s) from the subject(s) are allowed
to appear for examination of Stage-1,2 and 3.
However, the students who do not apply for any
exemption are allowed to appear for the examination
of Stage-1 only.
- A student can appear in maximum six papers
upto Stage-4 examination, if he/she has passed/exempted
all the papers of Stage-1 examination.
- A student can appear in maximum of six papers
upto Stage-5 examination, if he/she has passed/exempted
all the papers of Stage-1 and Stage-2 examinations.
- A student can appear in maximum of six papers
upto Stage-6 examination, if he/she has passed/exempted
all the papers of Stage-1, 2 & 3 examinations.
- The students who have been switched over
from earlier syllabuses are allowed to sit for
maximum six (6) subject(s) of those Stage(s)
only where these equivalent merged subject(s)
are available/placed.
Moreover, besides the revised scheme the Examination
Committee may also consider the request(s) on
case to case basis which is/are not covered
under the above parameters, provided there shall
be no clash of examination papers for a candidate
in the same examination session i.e. morning
or afternoon shift.
- Work Experience Requirement
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Professional work experience is very crucial
in the profession of management accounting. What
students learn in the classroom can only be suitably
applied to a specific job of an enterprise. Keeping
in view this important aspect, it has been decided
to make it compulsory for the students to obtain
at least one year practical training as indicated
below .
The experience may be in the form of internship,
full time or part time, paid or unpaid job in
any organisation. The experience should be in
the field of financial accounting, cost accounting,
finance and banking, internal or external auditing,
treasury or any other accounting or management-
related area. Part time job must be at least of
three hours per day and would be treated as 50%
of a full time job in terms of time. It will be
the responsibility of the students to get the
job. The Institute would however, facilitate the
students in finding an internship, part time or
a full time employment.
The following certificates will be issued to
the student provided he / she has completed the
following requirements:
- Two-year Post Graduate Certificate in Cost
and Management Accounting shall be issued to
a student only if he / she has passed upto Stage-4
and completed a minimum of six (6) months work
experience.
- Final Certificate in Management Accounting
shall be issued to a student only if he / she
has passed upto Stage-6, a comprehensive examination
and completed at least one year of work experience
.
- Students' Training Record
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The students shall be required to complete the
students training record. Each student is required
to submit this form, duly filled-in and attested
by his/her employer, to the Examination Department
of the Institute. In lieu of this form, he/she
is allowed to submit an experience certificate
from his/her employer on the letterhead of the
company, showing the job description and duration
of his/her service.
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