B.COM CERTIFIED MANAGEMENT ACCOUNTANT

B.Com Certified Management Accountant

B.Com Certified Management Accountant

Blog Article

B.Com Certified Management Accountant (CMA): A Complete Guide for Students


Are you planning to do a B.Com (Bachelor of Commerce) and also want to become a Certified Management Accountant (CMA)? If yes, then you are making a smart career choice.

The B.Com CMA combination is gaining popularity among commerce students in India, especially those who want to work in finance, accounting, and management. This blog will explain what this course is all about, how it works, what you will study, career options, and salary expectations — all in simple English.

What is B.Com with CMA?

B.Com with CMA is a program where students study for their regular Bachelor of Commerce degree along with preparing for the CMA (Certified Management Accountant) exams.

CMA is a professional certification in accounting and management offered by:

  • ICMAI (Institute of Cost Accountants of India) – for Indian CMA


  • IMA USA (Institute of Management Accountants) – for US CMA



In this blog, we will focus mainly on B.Com + Indian CMA, which is recognized in India and is widely accepted in many other countries too.

Why Choose B.Com with CMA?

Here are some reasons why doing CMA along with B.Com is a good idea:

  • You save time by studying both together.


  • CMA is a respected qualification in the field of finance and accounting.


  • It gives you an edge over regular B.Com graduates.


  • You become job-ready by the time you finish your degree.


  • There are good job opportunities in both private and government sectors.



Course Structure: B.Com + CMA

1. B.Com Subjects (general topics you will study):



  • Financial Accounting


  • Business Economics


  • Company Law


  • Income Tax


  • Cost Accounting


  • Business Statistics


  • Banking & Insurance



2. CMA Subjects (divided into three levels):


CMA Foundation (Level 1)



  • Fundamentals of Economics and Management


  • Fundamentals of Accounting


  • Fundamentals of Laws and Ethics


  • Fundamentals of Business Mathematics and Statistics



CMA Intermediate (Level 2)



  • Financial Accounting


  • Direct and Indirect Taxation


  • Cost & Management Accounting


  • Laws & Ethics


  • Company Accounts and Audit


  • Operations Management



CMA Final (Level 3)



  • Corporate Financial Reporting


  • Strategic Management


  • Cost and Management Audit


  • Direct Tax Laws


  • Financial Analysis & Business Valuation



Eligibility

To do CMA Foundation, you must:

  • Complete Class 12 (PUC) from a recognized board.



To do CMA Intermediate, you must:

  • Pass the Foundation level or


  • Be a graduate (like B.Com pass-outs)



That means you can start preparing for CMA from your first year of B.Com itself.

Duration

  • B.Com takes 3 years.


  • CMA can take 3 to 4 years, depending on how quickly you clear the levels.



If you start early, you can complete B.Com and CMA at the same time.

Career Scope After B.Com with CMA

After completing your B.Com and CMA, you can get jobs in the following roles:

Popular Job Roles:



  • Cost Accountant


  • Management Accountant


  • Financial Analyst


  • Internal Auditor


  • Budget Analyst


  • Tax Consultant



Top Industries That Hire CMAs:



  • Manufacturing companies


  • IT and software firms


  • Banking and finance companies


  • FMCG companies


  • Consulting firms



Top Companies Hiring CMAs in India:



  • Tata Group


  • Infosys


  • Reliance


  • HCL


  • Wipro


  • Deloitte


  • EY (Ernst & Young)


  • Larsen & Toubro



Salary After B.Com + CMA

Your salary depends on your skills, location, and the company you work for. But here is an approximate idea:



















Experience Average Monthly Salary
Fresher (0–1 year) ₹25,000 – ₹40,000
2–3 years experience ₹40,000 – ₹60,000
5+ years ₹70,000 – ₹1,50,000 or more

If you also clear CMA Final during B.Com, your salary and job options will be even better.

Advantages of Doing B.Com with CMA

  • Dual benefit of a degree and professional certification


  • Saves time and effort


  • Builds a strong foundation in finance and cost accounting


  • Improves chances of getting high-paying jobs


  • Helps in getting promotions faster in future



Top Colleges in India Offering B.Com + CMA (Integrated or Coaching Support)

Here are some colleges in India, especially in Bangalore, that support students doing both B.Com and CMA:

































College Name City Support for CMA
Kristu Jayanti College Bangalore B.Com with CMA support
Jain University Bangalore Coaching for CMA with B.Com
St. Joseph’s College of Commerce Bangalore CMA student support
Loyola College Chennai B.Com + CMA coaching available
The Hindu College Delhi Encourages CMA alongside B.Com

You can also join external CMA coaching classes while doing your B.Com if your college doesn’t offer it in-house.

Conclusion

If you want to make a strong career in finance, accounting, or management, then doing CMA along with B.Com is a great option. It gives you deep knowledge, practical skills, and industry-recognized certification — all by the time you complete your graduation.

So, don’t wait. Start planning early, choose the right college, and prepare for a bright future in accounting and business.

Need help choosing the right B.Com + CMA college in Bangalore or India? I can guide you with a free personalized list based on your academic background and career goals. Just let me know.

 

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