ICMAI exam

Hi Olivia,
There are plenty of employment opportunities are available for the ICWA-qualified people. Once you have completed the ICWA course, you can start up your career as a Cost Accountant. ICWA degree holders are highly demanded in the government sector, private enterprises, development agencies, banking & finance sector, education and training sectors. With the advancement of the economy, demands for cost and management professionals are rising rapidly. Some popular areas where you can find jobs are consultancy firms, developmental agencies, departments of company affairs, training & research organizations, service industry, stock exchanges, public utility sector and other regulatory bodies. Job Titles:Finance DirectorManaging DirectorAssociate ProfessorAccountantCost ControllerChief AuditorCost AccountantChief AccountantChief Internal AuditorFinancial ConsultantManaging DirectorFinancial Controller
The Average Salary of a cost accountant in India is around 34 lacs* P.A., whereas abroad, the average salary is $53k P.A.

Scope of Banking Sector in India
The banking sector is considered to as the backbone of the Indian economy and offers various career opportunities to students from all fields: Science, commerce humanities. You need to good in analyzing numbers with strong mathematics so that you can interpret and analyze numerical data. It is one of the lucrative careers especially for the people who are looking job in government sector.
The sector is in the huge need for manpower as Government of India is taking banking to remote areas also by opening new branches. It is also considered one of the socially respectable and secure job. In India, there are multiple examinations for bank jobs conducted by IBPS, State Bank of India and Reserve Bank of India (twice in a year). To clear these bank examinations you need to be proficient in Reasoning, Aptitude, General knowledge, General English and Arithmetic topics. Communication and interaction with customers is most important in this field and hence gives you an exposure to different types of people with varied needs and lifestyles and enhances your confidence level as well in the long run.finance MBA can work in banking and non-banking sectors. You can work anywhere in the corporate world. Every industry has a need for financial expert for maintaining the balance of capital.nThe students, who have done the MBA in finance, have a lot of job opportunities in government and the private sector. He/she can be a part of the stock market, top-notch organisation, finance ministry and related organizations. Beside an MBA finance with CA can run his own business.
You should pursue a course you feel comfortable doing/studying, and where your interests lie. Here, I have provided the scope for both the banking sector and MBA courses in Finance, so that it is easier for you to decide selecting a course.
Good Luck!

1. ICWA (Institute for Cost and Work Accountants) course is divided mainly in three stages:
Foundation Course
Intermediate course
Final course
2. Eligibility Criteria:candidate must have appeared/ appearing 10+2 level from the recognized board and also above 17 years of age to be eligible for this foundation and certificate part I course.candidate must have done graduation in any discipline or must pass the foundation programme to be eligible for the Intermediate course.
3. The course admission is open throughout the year and the exams are conducted in the months of June and December.
For more, refer- http://icmai.in/student/admission
4. Duration:
Foundation course : 10 months
Intermediate course : 1 year
Final level : 10 months
5. Prospectus Fee- Rs 200/-
For more, refer- http://icmai.in/upload/Students/Admission/feesEffective.pdf
6. The course will enable you to excel in areas of cost accounting and managerial accountancy. After the completion of ICWA course, candidates would be capable of managing the finances of a business organization.