Frequently Ask Questions (FAQs)

Is it a government organization?

ICMAB is a statutory organization constituted by the Government and administered by the Ministry of Commerce, Government of the People’s Republic of Bangladesh

Is CMA a government degree?

Yes, as ICMAB is a statutory organization operated under the Ministry of Commerce

What is a CMA degree/certification/qualification?

CMA is a globally recognized professional accounting degree/certification/qualification, with specialization in the field of cost and management accounting.

Does ICMAB solely offer Cost and Management Accountant (CMA) certifications?

Yes, ICMAB is the sole authority that offers and confers the Cost and Management Accountant (CMA) certification

What is the duration of the CMA course?

It usually takes 2.5 years. This course has been designed with 3 levels (Split in 5 part), a total of 2000 Marks.

What is the admission fee for CMA Course?

The admission fee is Tk. 28,500

What is the fee for the CMA course?

Total costs to complete the CMA degree are assumed to be around Tk. 100,000 (Including Admission fee)

What are the different types of CMA Admission system?

Two types. One is Coaching (On-Premise) and another is Correspondence (Online)

What is the difference between a coaching and correspondence system?

Coaching system requires a student to attend at least 75% of the class physically, whereas Correspondence system requires one to submit assignments but no physical class is mandatory.

What is the schedule for Admission, Class and exam?

Admission Session	January-June Session		July-December Session
Admission Type	Coaching	Correspondence	Coaching	Correspondence
Admission	December 01-Mid/End of February (Up to the Start of Class)	December 01-March 31	June 01-Mid/End of August (Up to the Start of Class)	June 01- September 30
Class	February to June		August to December
Exam	Three times a year: January, May, and September.

Is it possible to complete the CMA course besides a full-time job?

Yes, the correspondence system allows a student to complete the full CMA course alongside their full-time job

Is a CMA degree equivalent to a BBA degree?

No. CMA is a globally recognized professional certification/qualification offered by ICMAB – a statutory body under the Ministry of Commerce. In contrast, BBA is an academic degree offered by public and private universities.

Is a CMA degree equivalent to an ACCA degree?

This is true to some extent in the sense that both are internationally recognized professional accounting certifications/degrees. However, CMAs have expertise in the field of cost and management accounting in addition to financial reporting, taxation, and financial management. In contrast, ACCAs have expertise in the fields of financial accounting and reporting, financial management, tax, and audit.

Could you please share the link for the online admission?

https://erp.icmab.gov.bd/erp_icmab/Home/Default.aspx

Difference between ICMAB and ICAB?

ICMAB produces professional cost and management accountants [CMA, having expertise in cost management, financial management, financial reporting, taxation, etc.] whereas ICAB produces chartered accountants [CA, having expertise in auditing, taxation, financial reporting, etc.].However, both are professional accounting organizations administered by the Ministry of Commerce of Govt of Bangladesh.

Difference between ICMAB and ACCA?

ICMAB is a statutory organization constituted by the Government, and administered by the Ministry of Commerce, Government of the People’s Republic of Bangladesh. It produces professional cost and management accountants [CMA, having expertise in cost management, financial management, financial reporting, taxation, etc.]. Whereas, ACCA is a professional accounting organization based in the UK, that produces chartered certified accountants [ACCA, having expertise in auditing, international taxation, financial reporting, etc.].

Difference between ICMAB and ICSB?

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is the national body of the professional Cost and Management Accountants of Bangladesh. ICMAB graduates are known as CMA having expertise in cost management, financial management, financial reporting, taxation, etc., and hold the position of CFO, CEO, COO, Head of Accounts and Finance, etc.In contrast, The Institute of Chartered Secretaries of Bangladesh (ICSB) is the recognized professional body to develop, promote, and regulate the profession of Chartered Secretary in Bangladesh. ICSB graduates are expected to hold the position of company secretary. However, both are professional accounting organizations administered by the Ministry of Commerce of Govt of Bangladesh.

What is the difference between CMA and BBA?

CMA is a professional degree/qualification in the field of cost and management accounting and is highly valued in the accounting and finance field. In contrast, BBA is a bachelor’s degree focusing on a pool of courses in the field of business such as accounting, marketing, management, finance, and so on.

Is there any scholarship or waiver?

Yes. There is a admission waiver (Upto 100%) based on your academic result.
Details: https://erp.icmab.gov.bd/erp_icmab/Addmission/AdmissionFeeWaiverAssesment.aspx

Tell about courses/subjects in details

Level	Codes	Subjects	Marks
Foundation level	FR 111	Fundamentals of Financial Accounting	100
	TA 112	Business Quantitative Analysis	100
	EF 113	Business Economics & International Business	100
	MS114	Fundamentals of Management & Business Communication	100
Intermediate level 1	CM 121	Cost Accounting	100
	FR 222	Intermediate Financial Accounting	100
	TA 223	Information & Communication Technologies	50
	MS 224	Marketing & Supply Chain Management	50
	LT 125	Corporate & Business Laws	100
Intermediate level 2	CM 231	Management Accounting	100
	EF 232	Financial Management	100
	AA 133	Auditing	100
	LT 234	Fundamentals of Tax, VAT & Public Financial Management	100
Advanced level 1	CM 341	Strategic Cost and Management Accounting	100
	FR 342	Advanced Financial Reporting	100
	EF 343	Corporate Finance Strategy & Financial Market	100
	LT 344	Corporate Governance & Secretarial Practices	100
Advanced level 2	S 351	Business Strategy	100
	AA 252	Cost & Management Audit	100
	LT 453	Advanced Income Tax & VAT	100
	CS 154	Integrated Case Study	100
		Grand Total Marks	2000

How many subjects can be taken in each level?

When you get admission to a particular level, you have to take all the (four to five) courses designated for that level. However, you can appear at the exam for any number of courses you wish. Also, note that you may continue two consecutive levels at a time.

Is there any admission test for admission?

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