BCom(H) Management Accounting (CMA-US, CFA Level-I)

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GCEC Global in its constant endeavour to provide excellence in education has launched B.COM Managerial Accounting in partnership with Miles Education (Delivery Partner).

The first batch is going to commence from August 2021 after the MoU was signed with Miles Education.

BBA Honours Degree Courses as an offering is part of the GCEC Professional Studies, which would focus on offering professionally relevant courses, in conjunction with well renowned delivery partners across the globe. The core objective here is to strengthen student quality ensuring industry readiness and an ease in transition to becoming an in-demand working professional.

GCEC Global wishes the team the very best!

GCEC Global in its constant endeavour to provide excellence in education has launched B. COM Managerial Accounting in partnership with Miles Education (Delivery Partner).

B.COM Managerial Accounting integrated with CMA

US CMA (Certified Management Accountant) is a professional certification in finance & accounting relevant for success. CMA is offered by the IMA (Institute of Management Accountants), US, and is a globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. The CMA exams comprise the following two exam parts:

  • Part 1 – Financial Reporting, Planning, Performance & Control
  • Part 2 – Financial Decision Making

As an integrated program, the US CMA curriculum is covered over Semesters 2-5 (via 5 integrated subjects) and students are encouraged to clear the 2 CMA exam in Semester 5-6 before placements. Candidates who clear the CMA exams are eligible for differential placements with top MNCs in India and abroad.

At GCEC College, students can learn subjects which will give them differential placements in the areas of Financial Planning and Analysis, Financial Management, Internal Controls, Risk Management, Cost Management, Performance Management, Decision Analysis and Professional Ethics. With Practicing professionals and academicians as faculty members enable easier and comprehensive coverage of the curriculum.

US CMA (Certified Management Accountant) is a globally recognized, advanced-level qualification appropriate for accountants and financial professionals in business. Achieving the CMAdemonstrates professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world. Basically, CMAs can explain the “why” behind numbers, not just the “what”. And that is why the CMA qualification gives you greater credibility, higher earning potential, and ultimately a seat at the leadership table.

In partnership with IMA (Institute of Management Accountants – USA), Wiley and Miles Education, the US CMA has been integrated into the university curriculum such that students will cover all the 12 core competencies covered on US CMA in the first 4 semesters. Thereafter, in Semester 5, students be expected to additionally appear for and pass the 2 CMA exams:

  • Part 1 – Financial Planning, Performance & Analytics
  • Part 2 – Strategic Financial Management

Thereafter, when students appear for placements with MNC’s in early Semester 6, they will stand apart as a university graduate who’s an IMA member and has cleared the globally-recognized CMA exams.

Note: US professional qualifications like CMA mandate a university degree, and given the fact that university education covers a vast majority of the content, the professional exam only focuses on the skill-gaps which are needed for the profession. Therefore, unlike various non-US qualifications, US professional qualifications “complement” university education and have lesser number of exams – for instance, 2 exams on US CMA. For more information on the US CMA program, visit www.imanet.orgor www.mileseducation.com/cma

Few of the Organizations where CMA’s are employed in India include:

Accenture Flextronics Max Life Insurance
AIG Ford Motors Microsoft
Amazon Genpact Morgan Stanley
American Express Goldman Sachs Northern Trust
Capgemini Honeywell PwC
Caterpillar HP TCS
Cognizant IBM Tata Power
Cummins Johnson & Johnson VMware
Deloitte JP Morgan Chase
Wipro EY (Ernst & Young) KPMG
World Bank

Program Structure

Bachelors

Bachelors of Commerce honours in Management Accounting

Course Duration of Bachelor of Commerce [BCom][Honours] (Management Accounting) is 3 Years.

60% in 10+2 from a recognized board

The average BBA(H) in Management Accounting salary in India is INR 5-7L per annum

Budget Analyst, Financial Analyst, Accounting Manager, Controller, Chief Financial Officer (CFO), treasurer

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