The Certified Management

Accountant (CMA) course is

designed to recognize the unique
expertise of those professionals
engaged in Management
Accounting and Financial
Logic School of Management provides coaching for Certified
Management. This certification
Management Accountant (CMA, USA) and Certified Public
provides distinction in today’s
Accountant (CPA,
economic climate and affords the
USA). Since our
CMA is provided by IMA opportunity to certify your expertise
founding in 2003,
(Institute of Management in business areas that are critical to
we have dedicated
Accountants, USA). It is a statutory the decision-making process.
ourselves to
body under the US government. (www.imanet.org)
transforming our
CMA is a two part program. Part I - institute into a
Financial Planning, Performance success in the academic industry. Today, Logic is holds a
and Control and Part II - prominent position amongst major institutes. With close to 500
Financial Decision Making. students in 5 different courses strategically located offices in the
region, the Logic brand name is synonymous with excellence
and value among our students. We
would like to inform you that we have
CPA. A license issued by one of the 55 states or territories of
had overwhelming response for last 7
US –authorize holder to practice as a certified public accountant
years from across the globe and our
in that jurisdiction. Board of Accountancy, NASBA (National
Association of State Board of Accountancy) and AICPA (The graduates are enjoying benefits like pay
American Institute of Certified Public Accountants) are the hikes, promotions and better
partner bodies which assist candidates in their pursuit to become opportunities and they owe it all to the
CPA. (www.nasba.org, www.cpa-exam.org) There are four (4) program. Logic School of
parts 1. Regulations (REG), 2. Financial Accounting and Management is a division of Logic
Reporting (FAR), 3. Auditing and Attestation (AUD) and Software solutions Ltd a premier institute
4. Business Environment and Concepts (BEC).
providing training in various software
and management courses. The Institute
is led by a group of dedicated and enterprising personalities. Quality and relevance in management education
and service to industry and society were the key concerns of the founding group. (www.logiccpacma.com)
We have two types of study modes; the first Regular and the second Web Based.

The first option, you have to be here

Features of Logic School:
1. Unmatched record of results.
2. Classes handled by CA’s, CWA’s, CPA’s,
(Chennai) for attending classes. We conduct
classes on Saturdays and Sundays. Our
coaching duration is six (6) months.
The second option where you are not in

CMA’s, M. Tech’s. Chennai, the study material will be couriered

3. Chapter wise test paper on every topic. to you. If you have any doubts during the
course of your preparation using these
4. Covering above 5000 questions.
materials, you just need to post those doubts
5. Anytime doubt clearing facility.
to our private web forum or e-mail us. Our
6. Individual attention to students.
experts will clear your doubts right away.
7. Online exam training.

PROCEDURE FOR WEB BASED MODE

(CMA) Who should enroll (CMA / CPA)?
 Students, after completing their graduation
1. Fill up the E-form
or while doing graduation (CMA).
2. Remit the fee + courier charges
 Basic qualification - commerce graduation is
3. Within 3 days of registration you would required (CPA).
get a mail from US, which has the ID and  Professionals.
password for you to access the software  One who is looking forward to upgrading
which will contain multiple choice
his/her professional qualification without
questions and previous exam questions.
interrupting his/her current job.
4. Logic would subsequently be assisting
you in taking membership from IMA ($410) and also to register for the examination parts ($350/part)
online in the due course. You could use your credit card for this purpose.
Key Features of the Program (CMA)...
 CMA certificate can be obtained in a short span of time (On an average 4 to 6
months).
 Last year IMA Signed Joint Partnership with ICWAI of India; Mutual Recognition
between CMA and ICWAI Certificates.
 If a student appears the CMA two part exam anywhere outside India and
qualifies he/she will be eligible to apply for ICWAI membership and certificate.
 Academic support through direct coaching classes and web based platforms -
which enable students to interact with the faculty. An excellent tool to network
with other participants across the globe.
 The case studies enable participants to widen the horizon.
 Study material developed by industry & academic practitioners, which enables
you to apply the learning to the real life situations.
 Examinations conducted worldwide, so the program can be pursued from any
part of the world.
 Online exam. 75% objective type questions. No negative marks.
 Average monthly salary of $2000/- per month as per IMA standards.
 Affordable coaching fee (For Indian Nationals: 1/3rd the international cost) with
flexible payment options.
 There are three testing windows are available. January – February; May – June;
September – October.

Key Features of the Program (CPA)...

 Globally accepted qualification.

 International professional qualification in short span of time.

 Online exams. 70% Multiple type and 30 % Simulation.

 Web based study system in addition to regular classes.

 Increasing opportunities across the globe especially in India also.

 International opportunity as far as time/money/quality & career opportunities, if

considered.
Our Participants are from…
Accenture, Thomson Reuters, IBM, Infosys Technologies, Caterpillar, Packard , E & Y, LG Saudi Arabia,
Sharaf DG Dubai, OPI, Logica to name a few.

Logic School of Management will be assisting you academically and administratively till you qualify.

If you have any additional questions, please feel free to contact us at any time and we will be more than happy
to assist.

CONTACT: Marc Gerrone

IMA
(201) 474-1502
mgerrone@imanet.org

Amy Ovsiew
Stern + Associates
(908) 276-4344 ext. 237

amy@sternassociates.c

IMA Signs Joint Partnership with Institute of Cost and Works Accountants of India; Mutual
Recognition Between CMA and ICWAI Certifications
Montvale, N.J., May 5, 2009 – To reflect the globalization of business and the importance of sound management
®
accounting practices in all parts of the world, the Institute of Management Accountants (IMA ) and the Institute of Cost and
Works Accountants of India (ICWAI), a statutory body enacted under an Act of Parliament of India, have entered into a
joint partnership agreement. At the cornerstone of the partnership is a mutual recognition of each organization’s
®
respective certifications, allowing automatic award of IMA’s Certified Management Accountant (CMA ) certification for
ICWAI’s Cost and Works Accountant (CWA) certificate holders. With 42,000 qualified professionals, ICWAI is the
regulating authority of the cost and management accounting profession in India.

“The ICWAI is a highly regarded organization in one of the fastest growing economic centers in the world,” said Dennis
Whitney, CMA, CFM, IMA senior vice president of certification. “This agreement will help IMA further its global presence
and will enhance the profile of the CMA certification. ICWAI certified professionals will be able to enjoy the global
recognition and mark of distinction that comes with holding a CMA certificate.”
“IMA and ICWAI have a long history of working together on research and conferences and this agreement is the next
step of a productive relationship,” said Jim Gurowka, IMA director of international development. “The demand for highly-
skilled management accountants in India is growing and presents a great opportunity for IMA and the CMA.”

According to Mr. Whitney, the decision to recognize the ICWAI certification came following a thorough review by the
®
Institute of Certified Management Accountants (ICMA ) Board of Regents and ICMA professional staff. Exam content
and cognition levels of exam questions were evaluated to ensure that the two exam programs were of similar scope.

“Management accountancy is a global profession and the signing of this historic Memorandum of Understanding will
enable both organizations to highlight the benefits of a professional management accountancy qualification, to share best
practice and to train and develop the global business leaders of the future. The global presence of the ICWAI will also be
enhanced and members of both Institutes will benefit immensely,” said Kunal Banerjee, president of ICWAI.

Besides mutual recognition of the certifications, IMA and ICWAI will pursue joint applied research projects, develop
management accounting guidelines and standards, and develop continuing education programs for members of both
organizations.

For more information about obtaining mutual certification, please contact IMA Member Services at

1-800-638-4427 (North America) or +1-201-573-9000 (Outside of North America), or by e-mail at

ima@imanet.org, or visit Frequently Asked Questions.

®
About IMA
With a worldwide network of about 60,000 professionals, IMA is the world’s leading organization dedicated to empowering
accounting and finance professionals to drive business performance. IMA provides a dynamic forum for professionals to
®
advance their careers through Certified Management Accountant (CMA ) certification, research, professional education,
networking, and advocacy of the highest ethical and professional standards. For more information about IMA, please visit
http://www.imanet.org.

About ICWAI
The Institute of Cost and Works Accountants of India (ICWAI) is the only recognized statutory professional organization
and licensing body in India specializing exclusively in Cost and Management Accountancy. ICWAI is a premier, dynamic,
and vibrant professional institution actively associating itself in the industrial and economic development of the nation.
th
ICWAI was established on 28 May, 1959 under the Cost and Works Accountants Act, 1959. The ICWAI has 42,000
qualified cost and management accountants and more than 165,000 students around the world. For more information
about ICWAI, please visit http://www.icwai.org.
Home Institute Join Us Students Members FAQs RTI ACT

ICWAI Signs MOU with IMA, USA

The Institute of Cost and Works Accountants of India (ICWAI) has entered into a Memorandum of
Understanding (MoU) with the Institute of Management Accountants (IMA), USA to enable mutual
recognition and cooperation between the two institutes to develop the profession of Management
Accountancy for the benefit of their members and students in the pursuit of excellence in education and
training and continuing professional development in Management Accountancy.

The MoU will enable recognition of the professional qualification of the respective Institutes. A member of
ICWAI can get enrolled as a member of IMA USA and vice versa. However, an IMA member enrolling as a
member of ICWAI will not be allowed to hold a certificate of practice to undertake any statutory work in

India.

The MoU will bring mutual recognition and global cooperation between members of ICWAI and of IMA.
While continuing their longstanding relationship, ICWAI and IMA, besides mutual recognition of their
membership, have agreed
management accounting guidelines and standards as well as hold joint seminars, conferences and
activities beneficial to both institutes, their members and students.
On this occasion, Mr. Kunal Banerjee, President ICWAI, said,”ICWAI will enhance its global presence
through this MoU and members of both the Institutes will immensely benefit from recognition of both
certifications. The MoU will also help in applied research in
Management Accounting"

Recognizing ICWAI as “a highly regarded organization in one of the fastest growing economic centres of
the world”, Mr. Dennis
Whitney, Senior Vice
President of Certification to assist and cooperate in conducting joint research, development of
of IMA said,” This
agreement will
help IMA further its global presence and will enhance the profile of the CMA certification. ICWAI certified
professionals will be able to enjoy the global recognition and mark of distinction that comes with holding
a CMA certificate.”

Mr. Jim Gurowka, IMA Director of International Development, said, '”The demand for highly skilled
management accountants in India is growing and presents a
of specific interest related to
great opportunity for IMA and the CMA. IMA areas
and ICWAI have a long history of working together on research and conferences and this agreement is

the next step of a productive relationship.”

ima.asp
 CMA (US) CIMA (UK) at a Glance in the comparative and tabular format
Topic Area CMA (Certified Management Accountant) (US) CIMA (Charted Institute of Management
Accountant (UK)
Website www.imanet.org www.cimaglobal.com
Institute Base Montvale, New Jersey 07645USA London SW1P 4NP, United Kingdom

Eligibility Graduate or professional Education along with Undergraduate, graduate, postgraduate,

experience *anytime during or after exams) professional determines the entry level.

Career Suitability Accounting and financial management skills, Internal business audits, assessing risk and
risk analysis, internal controls, financial preparing financial statements, management
decision making accounting
Exam Pattern 2 Exams (Any order) 5 Levels (Depends upon Entry Level) > Certificate
Level 5 exams Professional Level 10 Exams &
Experience

Exam Centres All over the World (Including India) All over the World (Including India)
Exam Style Computer Based Exams Certificate Level - Computer Based Exams
Professional Level Written Exams

Exam Timings Three Testing Windows (2 months each) in a May and November each year.
year
Course Cost Approx. $1110 Approx. GBP 1200 (Considering the 3 years’ time
and passing exams in 1st Attempt)
Course Duration Approx. Minimum 6Months (Subject to the Approx. Minimum 1-2 years (Depends upon the
experience requirement fulfillment) (Short entry level and exemptions) (Long Term)
Term)
Stopping Points No Benefits Passing Operational Level - CIMA Diploma in
Benefits Management Accounting Passing Management
Level - CIMA Advanced Diploma in Management
Accounting.

Disclaimer > The contents mentioned above are compiled through the information available on the
respective Internet sites. Please highlight any points, which you would like to add as a part of your
experience for the benefit of the course aspirants. Also, In respect of any mistakes for anything, please
highlight it and I hereby regret for that.
Recently CMA Qualified & Placed
Name Designation Company
Reshmi Grace Raju Senior Accountant Grant Thornton, Bangalore
Joseph Sebi Cost Analyst Xerox, Bangalore (ACS)
Jose Varghese Accountant Sharaf D G, Dubai
Prajeesh Sebastian Cost Accountant Al Khammis, Muscat
Ambily George Business Analyst Xerox, Bangalore (ACS)
Elizabeth Internal Auditor Deloitte, Hyderabad
Krishna Prasad Financial Analyst Shell Co, Chennai
Suneer Muhammedkunju Financial Analyst Nessma Co, Saudi
Manoj Divisional Officer LIC, Kottayam
Gabby Godly Accounts In charge Al Sharq International
Joby P D Cost Accountant L G Shaker, Dubai
Brito Cyriac Accountant Joy Alukkas, Cochin
Muhammed Farshad Financial Analyst Earnest & Young, Bangalore
Sanoop Azainar Financial Analyst Earnest & Young, Bangalore
Manjunath B A Internal Auditor Sangani Co, Dubai
Sudhesh Bharathan Financial Accountant Al Khammis, Muscat
Mahmood Abu Seedo, Dubai
Muhammed Shakkir Abu Seedo, Dubai
Jenchris Miranda Accountant Mubarak bin Hamoodah Interiors,
Abudhabi
Madhu Ramachandran Siemens, Chennai
Shinoj Financial Accountant Indus Gulf Technical Trading Co
Prathibha Sharma Qatar
Pranay Hariharan Business
Vineeth Kaimal Infosys
Cyril Koshy Just Completed
Jithin Jeorge Abraham Just Completed
CMA Qualified
Name Present status
Ali Akber Waiting for CA Final Results
Joseph Arun Solomen Just completed
Padmanabhan Waiting for CA Final Results
Reena Jayakumar Just completed