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Old 22nd December 2015, 02:40 PM
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Default ICWA after MBA

Hello sir I am Rishabh , doing MBA right now and wants to do ICWA after MBA so please tell me about this??
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Old 22nd December 2015, 03:06 PM
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Default Re: ICWA after MBA

ICWA is beneficial course for making a bright future. ICWAI stands for Institute of Cost and Work Accounts of India. This course is basically a correspondence course.

The eligibility for the course of ICWA are:
- Minimum qualification required is 12th in any stream.
- There is no any minimum mark required for this test.
- Course started after graduation gets complete exemption from the foundation level.

This course is divided in 3 stages:
1. Foundation level
2. Inter level
3. Final level
During the complete course, there is a compulsory training under the practiced CWA for the duration of 3 years.
As you have done MBA so you can directly apply for Intermediate Level

The CWA course at the Intermediate level (ICWAI: Intermediate Examination):

It consists of theoretical examinations as well as compulsory practical trainings.
The theoretical examination consists of 8 subjects to be studied arranged into 2 stages of 4 papers of 100 marks each.
To pass a student has to obtain a minimum of 40% in each paper and an aggregate of 50% in all the papers of a stage together, failing which the student has to reappear in all the papers again.
The subjects in inter-level stage are as follows:
1. Cost and management accountancy
2. Information system and technology
3. Business law and communication skills
4. Taxation
5. Management accounting
6. Advanced financial accounting
7. Auditing
8. Quantitative method

ICWAI: Final Examination:
The CWA ICWA course at the Final level consists of theoretical examinations as well as compulsory practical trainings.
The theoretical examination consists of 8 subjects to be studied arranged into 2 stages of 4 papers of 100 marks each.
To pass a student has to obtain a minimum of 40% in each paper and an aggregate of 50% in all the papers of a stage together, failing which the student has to reappear in all the papers again.

The subjects of final stage are as follows :
1. Operations and project management and control
2. Advanced financial management
3. Strategic management
4. Strategic tax management
5. Management accounting advance
6. Financial strategy and reporting
7. Cost audit
8. Valuation management

The fee for the course is as follows:

Registration Fee – 500 [For all]
Postal Coaching: Rs. 7,000 (including study material )
Oral Coaching: Rs. 11,000/- (including study material)

Other Fees:
1. Students Practical Training Registration Fees – Rs. 1000
2. Computer Hands on Training Fees – Rs. 6000
3. Exemption fees for Computer Hands on Training – Rs. 1000 (if applicable).
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