Institute of Cost and Management Accountants of

Pakistan

Career Planning Guide

VISIONTo be the Preference in Value Optimization for Business.

MISSIONTo Develop Business Leaders imparting quality education & training in financial

and non-financial areas to bring value-addition in the economy

CORE VALUES COMPETENCE INNOVATION

ETHICS TRANSPARENCY

PROFESSIONALISM

ICMA PAKISTAN

DEVELOP A STRATEGIC VISION FOR YOUR CAREER PLAN

ICMA PAKISTAN WILL GUIDE YOU THROUGH YOUR CAREER PLAN

Choose a career that fits who you are.

Figure out how much time and money you can devote to your education.

Think about the salary you need.  Think about future opportunities. Think about Market condition.

THINGS TO CONSIDER BEFORE CHOOSING A “CAREER”

Why Career Planning?

TimeFinanceEnergy

Resources Management

BUSINESS &

FINANCE

Engineering & Computer

Science

Health & Medicine

Architecture, Planning &

Environmental Design

Law & Public Policy

Sciences-Biological &

PhysicalGovernment Arts &

Entertainment

DIFFERENT OPTIONS TO CHOOSE WHILE PLANNING YOUR CAREER

Finance is a field lush with great earning potential .

Rewarding career options in a wide range of industries.

More guaranteed than other fields. Growing Job Prospects. Wide Variety of Job Opportunities. Financially Rewarding Careers.

WHY CHOOSE BUSINESS & FINANCE?

“A person who can solve problems, think creatively and persuade others will have a promising career in management accounting”, If you want to take your number crunching skills to a higher level, management accounting might be a good fit.

WHY BECOME COST & MANAGEMENT ACCOUNTANTS

Business success depends upon strategic financial decision which means Intelligent Finance

COST AND MANAGEMENT ACCOUNTANT

As A Management Accountant you will learn to make Intelligent Finance Decisions which is a balance b/w

Company Resources & its Ultimate Goal

Management Accountant’s

Role

Finance & Treasury

Business Planning &

Development Accounts & Taxation

Legal Affairs &

Secretarial Practices

Production Planning &

Cost Management

Risk Management

& AuditResources

Management

MIS

Supply Chain

Management

EFFICIENCYFFECTIVENESSCONOMY

PEOPLELANET

ROFITABILITY

Problem Solving

& Decision Making

AFTER BECOMING COST & MANAGEMENT ACCOUNTANT FROM ICMAP THE FIELDS THAT REQUIRE YOUR

EXPERTISE

Tuition fee less than one-third of other Educational Institutes. (ICMAP is non-profit educational Institute) .

Time Required (4 years) is less than minimum time required in other qualifications but with Job opportunities and career growth in five years is 60% more than other qualifications.

MONEY TIME

TWO THINGS THAT COMES INTO YOUR MIND BEFORE CHOOSING A CAREER

Internationally Recognized Qualification. Programmes with Practical Orientation. Close links to Industry. A large number of Qualified and Partly Qualified

Students have secured Employment. Tuition fee less than one-third of other Educational

Institutes.

WHY STUDY AT ICMAP?

WHY STUDY AT ICMAP?

Professional Certification of CMA leading to

ACMA & FCMA

Over 6,000 Members all around the World

Approx. 15,000 enrolled Students and more than

10,000 active registered students;

Nationwide Network with 12 Centres & Overseas

examination facilities at KSA and UAE

A student needs to confirm that the place from where individual grab his education degree is from internationally accredited Institution, otherwise he might end up in big trouble! If it’s only regionally accredited, his degree will not be recognized in various other regions or any other country except his own country where he lives. 

WHY GET INTERNATIONALLY RECOGNIZED QUALIFICATION …

International Federation of Accountants (IFAC)

International Accounting Standards Board (IASB)

Confederation of Asian & Pacific Accountants (CAPA)

South Asian Federation of Accountants (SAFA)

INTERNATIONAL AFFILIATION

MOU with the Chartered Institute of Management Accountants (CIMA, UK)

MOU with the Association of Chartered Certified Accountants (ACCA, UK)

ICAEW (Institute of Chartered Accountants in England and Wales)  IIA-USA (The Institute of Internal Auditors)

CPA Australia (Certified Practicing Accountants) 

The Institute of Chartered Accountants of Pakistan (ICAP) Institute of Corporate Secretaries of Pakistan (ICSP) Pakistan Institute of Public Finance Accountants (PIPFA)

NATIONAL & INTERNATIONAL RECOGNITION

WORLD WIDE EMPLOYED CMA CERTIFICATION HOLDERS

Accounting & Finance

Management & Leadership

Laws & Ethics

Designing & Implementation of Management Information System.

Devising Standards, policies & Procedures.

Managing Corporate Affairs.

Managing Financial Operations & reporting in accordance with IAS & IFRS.

Managing Enterprise Affairs. Handling Tax Matters.

Financial Planning & Budgeting. Organizational Development, Business Planning, Analysis and Decision making.

Compliance of Business & Industrial Laws.

Performance Financial & Non Financial Analysis.

Bringing vale addition, Innovations & Creative Solutions.

Ensuring Implementation of Professional Coad of Ethics.

Pricing & Cost Management Supply Chain Management. Representation of Behalf of the organizations on legal matters.

Managing banking Affairs & Treasury management.

Ensuring Resources Optimization Communication & Negotiation.

Asset management & Ensuring Insurance of Resources.

Project Management.

Analyzing Investment & Portfolio Management.Designing Internal Control SystemPerforming Audit Function & Risk Management.

EXPERTISE OF MANAGEMENT ACCOUNTANT

Professional Services and ConsultingFinancial ServicesPublic Sector and NPOFMCGsRetail SectorPharmaceuticals

CMA EMPLOYERS IN PAKISTAN

ICMA Certificate in Management Accounting

Fundamental Level

6 Courses

ICMA Certificate in Management Accounting Graduation

Level5 Courses

ICMA Certificate in Management Accounting Professional

Level5 Courses

ICMA Certificate in Management Accounting Chartered

Level 4 Courses

CMA CERTIFICATION

CMA Certification is Recognized in Government, Corporate and Private Sectors.

It gives you an opportunity to apply for jobs even after completing one year of study.

CMA CERTIFICATION

1-Fundamental Level (FL)• Fundamentals of Financial Accounting• Business Economics• Business English• Fundamentals of Management Accounting• Commercial Laws• Business Mathematics & Statistics• 40 Hours Training Program in MS Word

& Excel

2-Graduation Level (GL)• Fundamentals Accounting• Enterprise Management & Communication• Management Accounting• Corporate Laws & Secretarial Practices• Business Taxation• 32 Hours Training Program in Presentation

Skills

3-Professional Level (PL)• Financial Reporting• Audit & Assurance• Cost Accounting Records & Audit• Corporate Financial Reporting (Open

Book Assessment)• Corporate Controlling• 40 Hours Training Program in Advanced

Excel & Financial Modeling

4-Chartered Level (CL)• Strategic Risk Management• Strategic Management Accounting• Strategic Financial Management• Strategic Management• 40 Hours Training Program in

Presentation Skills

LEVELS AND COURSES OF CMA

LEVELS AND COURSES OF CMA

• Corporate Governance & Professional Ethics

• Capstone Project

FEE STRUCTURE OF CMAFUNDAMENTAL LEVEL

Sr.No Course Name

Subject Wise Coaching &

DLP Fee

Subject Wise

Assessment Fee

Subject Wise

Examination Fee

1 Financial Accounting 7700 3600 18502 Business Economics 7700 3600 18503 Business English 7700 3600 1850

4

Fundamentals of Management Accounting 7700 3600 1850

5 Commercial Laws 7700 3600 1850

6Business Maths & Stats 7700 3600 1850

7

40 Hour Post Examination Training Program in MS Word & Excel

5000 (Not Available in DLP) - -

FEE STRUCTURE OF CMAGRADUATION LEVEL

Sr.No Course Name

Subject Wise Coaching & DLP Fee

Subject Wise Assessment Fee

Subject Wise Examination Fee

1Advanced Financial Accounting 9800 4700 2450

2

Enterprise Management & Communication 9800 4700 2450

3Management Accounting 9800 4700 2450

4Corporate Law & Secretarial Practices 9800 4700 2450

5 Business Taxation 9800 4700 2450

6

32 Hour Post Examination Training Program in Presentation Skill

5000 (Not Available in DLP) - -

FEE STRUCTURE OF CMAPROFESSIONAL LEVEL

Sr.No Course Name

Subject Wise Coaching & DLP Fee

Subject Wise Assessment Fee

Subject Wise Examination Fee

1 Financial Reporting 11900 5900 30502 Audit & Assurance 11900 5900 3050

3Cost Accounting Records & Audits 11900 5900 3050

4Corporate financial Reporting 11900 5900 3050

5Corporate Planning & Controlling 11900 5900 3050

6

40 Hour Post Examination Training Program in Adv Excel & Financial Modeling

6000 (Not Available in DLP) - -

FEE STRUCTURE OF CMACHARTERED LEVEL

Sr.No Course Name

Subject Wise Coaching & DLP Fee

Subject Wise Assessment Fee

Subject Wise Examination Fee

1Risk Management & Audit 13090 6500 3650

2Strategic Management Accounting 13090 6500 3650

3Stratefic Financial Management 13090 6500 3650

4 Strategic Management 13090 6500 3650

5

40 Hour Post Examination Training Program in Presentation Skills & Report Writing

6000 (Not Available in DLP) - -

FCMA Fellow Cost and Management Accountant

ACMA Associate Cost and Management Accountant

CMA Cost and Management Accountant

PROFESSIONAL DESIGNATIONS

ICMA Pakistan introduces FAST TRACK ENTRY ROUTE.

For this reason we have created a framework that allows you to take advantage of existing qualifications that you may have already gained.

ICMAP FACILITATE YOU BY OFFERING

FAST TRACK ENTRY ROUTE

FAST TRACK ENTRY ROUTE

Students Waiting for Results May Also Apply.

Intermediate (19 Courses)

-------------------- A-Levels

(16 Courses)

14 Years B.Com / BBA

(14 Courses)

16 Years (MBA/M.Com/BBA (Hons) /BS)

(12 Courses)

FAS TRACK ENTRY ROUTE

Academic Qualification B .Com/BBA/B.E/B.Sc/LLB/ M.Sc/MCS/MPA/MA/LLM/MBA/M.Com/BS/BBA(4-year Program)

Professional Qualification The Chartered Institute of Management Accountants (CIMA, UK) The Association of Chartered Certified Accountants (ACCA, UK) The Institute of Chartered Accountants of Pakistan (ICAP) Pakistan Institute of Public Finance Accountants (PIPFA) The Institute of Bankers Pakistan (IBP)-DAIBP The Institute of Corporate Secretaries of Pakistan (ICSP)-ACIS The Society of Management Accountants (CMA, Canada) Institute Of Management Accountants- (CMA, USA) Certified General Accountants (CGA, Canada) The Institute of Internal Auditor (IIA, USA)

For Details of FAST TRACK

ENTRY ROUTE kindly visit our

website/branches in your

Respective City.

The Qualifications Recognized For Fast Track Entry Route in CMA Courses

Merit-based Scholarship [For Fresh Intake Position holder in Intermediate / A-Level / Bachelor or Master Degree

Position holder: 100% waiver in tuition fee 

Those who have secured 85%-90% : 75% waiver in tuition fee .

Those who have secured 75%-84% : 50% waiver in tuition fee in the subjects

SCHOLARSHIP/FINANCIAL ASSISTANCE PROGRAMS

Need-Cum-Merit-based Concession / Financial Assistance

Performance-based scholarship [For existing students]

Kinship-based discount for Students

SCHOLARSHIP/FINANCIAL ASSISTANCE PROGRAMS

Higher Education Commission (HEC) has recognized ICMA Pakistan Certification as equivalent to Master’s degree for the purposes of higher education and employment.

HEC EQUIVALENCY

• Finance Minister of Pakistan• Auditor General of Pakistan• Managing Director, Pakistan

International Airlines• Chairman, Corporate Law Authority

(now SECP)• Chairman & MD, Philips Electrical

Industries of• Chairman, National Insurance Co.

Ltd. Pak. Ltd.• Chairman, Kalia Group • Chief Executive, National Fertilizer

Co., etc.• Chief Executive, Jehangir Siddiqui &

Company Ltd. • Managing Director, Karachi Stock

Exchange

• Managing Director, Pakistan Paper Sack Corporation

• Managing Director, Serena Hotels Pakistan Ltd.

• Director General, National Tariff Commission

• Director General, WAPDA• Executive Director, SECP• Executive Director, State Bank of

Pakistan • Executive Director, Pakistan Services

Ltd. (Operator of PC Hotels) • Executive Director, National

Insurance Co. Ltd.• Executive Director, Millat Tractors

Ltd.

ALUMNI…LEADING MANAGEMENT POSITIONS

• Executive Director, Trade Development Authority of Pakistan (formerly EPB)

• Executive Director, Pakistan State Oil • Executive Director, Security Papers Ltd. • Director & Company Secretary, Arif

Habib Securities Ltd. • Director Finance, The Aga Khan

University • Director Finance, Bahria Foundation • Finance Director, QESCO• Director Finance & Business Admin., KSB

Pumps Company Ltd.• Director Finance, Century Paper & Board

Mills Ltd.• Director & GM Finance, Caltex Oil

Pakistan Ltd.• Finance Director & Company Secretary,

BOC Pakistan Ltd.

• Director Budgets & Accounts, National Telecommunication Corporation

• Finance Director, HESCO • Director Revenue, PTCL • Finance Director, Barrett Hodgson

Pakistan Pvt. Ltd. • Director General Finance, A.Q. Khan

Research Lab.• Finance Director, PESCO • Director Finance, Excide Pakistan Ltd. • Director Finance, WAPDA• Head of Finance, Johnson & Johnson

Pakistan Ltd. • Head of Finance, TCS Pvt. Ltd. • Director Budget, Pakistan Atomic Energy

Commission

ALUMNI…LEADING MANAGEMENT POSITIONS