Institute of Cost and Management
Accountants of Pakistan
Constituted under Cost and Management Accountants Act, 1966
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Welcome to Institute of Cost and Management ::::: ICMAP

Examination

Objective

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

The following regulations cover the eligibility requirements for taking the ICMA Pakistan examination.

  Coaching Classes:

The students, who are enrolled under the Coaching Courses program in a particular session, must have attended at least 60% lectures in the class in order to become eligible to appear in the final examination of the subject.

  Distance Learning Program:

The students, who are enrolled under the Distance Learning Program, have to submit 60% assignments on or before 20th June and 20th December.

Examination Progression Scheme
  • The students who join ICMA Pakistan first time and obtain exemption(s) in any/various subject(s) upto Semester-3 on the basis of academic/ professional qualification(s) may appear in the examination of Semester-1, 2 and 3 irrespective of numbers of papers involved.
  • If any student obtains exemptions in all the subjects upto Semester-2 or Semester-3 on the basis of academic/ professional qualification(s) s/he may appear in the examination of maximum six papers upto Semester-4 or Semester-5 respectively. However, the students who do not apply for any exemption are only allowed to appear in the examination of Semester-1.
  • A student can appear in maximum six papers upto Semester-4 examination, if he/ she has passed/ exempted all the papers of Semester-1 examination.
  • A student can appear in maximum six papers upto Semester-5 examination, if he/ she has passed/ exempted all the papers of Semester-1 and 2 examinations.
  • A student can appear in maximum six papers upto Semester-6 examination, if he/ she has passed/ exempted all the papers of Semester-1, 2 and 3 examinations.
  • The students who have been switched over from Syllabus 2005 or earlier syllabus schemes are allowed to sit for maximum six (6) subject(s) of those Semester(s) only where these equivalent merged subject(s) is/ are available/ placed.

Moreover, besides the policy, 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.

Professional Competence Level

After completion of all subjects' upto Semester-6, a student will be eligible to take admission and appear in the examinations in logical sequential order of Professional Competence Level.

Work Experience Requirement

Once the student pass all the subjects' upto Semester-6 and all the modules of Professional Competence Level CMA Final Certificate will be awarded. However, one year practical experience is mandatory only for Intermediate/ A-Level certificate holders to obtain CMA Final Certificate.