Careers in ICWAI
Cost and Management Accountants facilitate strategic management decision in
respect of economic activities of an organization by their sheer expertise.
Study of Cost & Management Accountancy provides in depth knowledge and
perspective to manage business under given circumstances. This is a field which
provides satisfaction in terms of position as well as remuneration for
The Institute of Cost and Works Accountants Of India, the only professional body
specialized in the field of Cost and Management Accountancy in India aims at
imparting coaching and training in the subject of Cost & Management Accountancy.
It was established by an Act of Parliament in the year 1959, though the same was
in existence as a company since 1944. The Institute has four Regional councils
in the Metro cities.
Course: The course is divided into Intermediate and Final with eight papers
each. Both has two Stages with 4 papers each. According to the revised syllabus,
along with the 8 papers in the Intermediate, two group discussions, two seminars
and also computer Hours(50) has been included.
After one clears all the eight papers in the Intermediate, one can go in for the
final. In the final along with the 8 papers; Dissertation (5000 words), Computer
(100 hours ), Modular training (15 days ),Audit / Industrial training (6 months)
10+2 candidates has to complete the Foundation Course of the institute to join
the Intermediate course.
Eligibility: Candidates with 10+2 qualification can join the Institute's
Intermediate course after qualifying the Foundation Course examination of the
Institute. Students awaiting result of 10+2 examination may be permitted to
appear in the Foundation Course examination. Similarly students awaiting result
of Graduation examination may also avail the facility of provisional
registration. Direct Registration without appearing for the Foundation course is
open to Graduates of any discipline.
Examination: Examinations held twice in a year during the month of June and
December and are conducted at various centers of the country and also at three
Overseas Centres – Dubai, Sultanate of Oman and Botswana for overseas students.
For further details incumbent may obtain a copy of the Prospectus of the
Institute, which costs Rs. 100/- and is available from the Institute’s
headquarters at 12, Sudder Street, Kolkata – 700016, e-mail: Contact Us or from
its four Regional Councils.
Organisation and Management Fundamentals
Financial Accounting Fundamentals
Economics and Business
Business Mathematics and Statistics Fundamentals
Intermediate Course: (Stage I)
Cost and Management Accounting
Information Systems and Technology
Business Laws and Communication Skill
Intermediate Course: (Stage II)
Management Accounting – Performance Management
Advanced Financial Accounting
Final Course: (Stage III)
Operations and Project Management & Control
Advanced Financial Management and International Finance
Strategic Management and Marketing
Strategic Tax Management
Final Course: (Stage IV)
Management Accounting – Decision Making
Management Accounting – Financial Strategy and Reporting
Cost Audit and Management Audit
Valuations Management and Case Study
Coaching & Training:— The
Institute offers two types of tuition – Postal through its four Regional
Councils situated in four metropolises – Mumbai, New Delhi, Chennai and Kolkata
and Oral through its more than 106 affiliated Oral Coaching Centres spread all
over the country. With a view to bridge the gap between theoretical knowledge
and to emphasis practical orientation training requirements for ICWAI students
have been presented as given below:—
Group Discussions - 2 nos.
Business Communication Seminars – 2 nos.
Computers hands on – 50 hours
Dissertation – 5000 words.
Computer Hands on – 100 hours
Modular training – 15 days
Audit / Industrial training – 6 months
The fee structure of the Institute is given
below: Registration Fee:— Rs. 300 (to be paid one time only)
1000 (including study materials)
Rs. 400 (Any one stage) Rs. 450 (Any one Stage)
Rs. 800 (Both Stages)
Rs. 900 (Both Stages)
For further details incumbent may obtain a
copy of the Prospectus of the Institute, which costs Rs. 100/- and is available
from the Institute’s headquarters at 12, Sudder Street, Kolkata – 700 016,
e-mail : Contact Us or from its four Regional Councils.
Job Prospects and Career Options
ICWAI passed candidates can hold top
management positions, Viz. Managing Director, Finance Director, Financial
Controller, Accountant, Cost Controller, Finance Manager, Chief Internal Auditor
etc. in public and private sector organisations. Fellow members of the Institute
would be treated at par with the persons holding Ph.D. degree as far as
appointment in the posts of Professor, Associate Professor, Reader, Asstt.
Professor and Lecturer in Professional / Management Institutes are concerned.
They can also find self employment in the
Mandatory Cost Audit under Section 233(B) of the
Companies Act, 1956.
Certification under Export & Import Policy.
Excise Audit under Section 14A of the Central Excise Act
and Special Audit of Modvat Credit availed of under Section 14AA of the
Central Excise Act.
Certification of manufacturing account as per Customs
EASTERN INDIA REGIONAL COUNCIL OF ICWAI
84, Harish Mukherjee Road, Kolkata – 700 025
Ph. No. 455-3418/5957, Fax No. 91-033-4553418
NORTHERN INDIA REGIONAL COUNCIL OF ICWAI
3, Institutional Area, Lodi Road, New Delhi – 110 003
Ph. No. 461-5788, 462-6678, 464-4630/4692/4430
Fax No. 91-011-4622156, e-mail: Contact Us
SOUTHERN INDIA REGIONAL COUNCIL OF ICWAI
4 (old no 65) Montieth Lane, Egmore, Chennai – 600 008
Ph. No. 855-4443/4326, 872-2772
Fax No. 91-044-8554651
e-mail: Contact Us
WESTERN INDIA REGIONAL COUNCIL OF ICWAI
Rohit Chambers, Janmabhoomi Marg, Mumbai – 400 001
Ph. No. 287-2010, 204-3416/06, 284-1138
Fax no. 91-022-2870763
e-mail: Contact Us
12, Sudder Street, Kolkata - 700 016
Phones: 244-1031/34/35, 245-0602/0492
Fax: 91-33-2440993, 91-33-2450026
Directorate of Studies:-Phone:
033-2441392, e-mail: Contact Us
Chapters located at almost all State
Capitals and major towns of the country.
Name of the Chapters:— Regionwise
1. Western Region :
Ahmedabad, Aurangabad, Baroda, Bhilai, Bhopal, Bilaspur, Chandrapur,
Goa, Indore-Dewas, Jhagrakhand-Chirimiri, Kalyan-Ambarnath, Kolhapur-Sangli,
Korba, Nagpur, Nasik-Ojhar, Pune, Rajkot, Surat-South Gujarat, Vindhyanagar and
Kutch-Gandhidham — Total 20
2. Eastern Region:
Agartala, Asansol, Bokaro Steel City, Cuttack-Bhubaneshwas,
Dhanbad-Sindhri, Durgapur, Farakka, Gangtok-Siliguri, Guwahati, Howrah,
Jamshedpur, Jajpur-Keonjhar, Kalyani, silchar, Kharagpur, Naihati-Ichapur, Patna,
Rajpur, Ramgarh, Ranchi, Rourkela, Sambalpur, Serampore and Talcher-Angul —
3. Southern Region:
Bangalore, Bhadravathi-Shimoga, Cochin, Coimbatore, Godavari (Rajahmundry),
Hyderabad, Kolar Gold Fields, Kothagudem, Kottayam, Madurai, Mangalore, Mettur-Salem,
Mysore, Nellai-Pearl City (Tirunelveli-Tuticorin), Neyveli, Palakkad, Pennar (nellore),
Pondicherry, Ranipet, Tiruchirapalli, Trichur, Trivandrum, Ukkunagaram (near
Visakhapatnam), Vijayawada and Visakhapatnam — Total 25.
4. Northern Region:
Ajmer, Allahabad, Chandigarh-Panchkula, Dehradun, Faridabad, Ghaziabad,
Gorakhpur, Gurgaon, Hardwar-Rishikesh, Jaipur, Jalandhar, Jodhpur, Kanpur, Kota,
Lucknow, Ludhiana, Mankapur, Naya-Nangal, Noida, Patiala, Srinagar, Udaipur and
Jhansi — Total 23.