Difference Between CMA, ACCA, and CFA Programs
Feature |
CMA (Certified Management Accountant) |
ACCA (Association of Chartered Certified Accountants) |
CFA (Chartered Financial Analyst) |
Full Form |
Certified Management Accountant |
Association of Chartered Certified Accountants |
Chartered Financial Analyst |
Focus Area |
Management accounting, cost control, financial planning |
Financial accounting, auditing, taxation, and business law |
Investment analysis, portfolio management, financial research |
Offered By |
IMA (Institute of Management Accountants), USA |
ACCA Global, UK |
CFA Institute, USA |
Course Duration |
6 months – 3 years (self-paced) |
2 – 3 years |
Minimum 2 – 3 years (based on exam pass rate) |
Levels / Exams |
2 parts |
3 levels (Applied Knowledge, Skills, Strategic Professional) |
3 levels (Level I, II, III) |
Eligibility |
Bachelor's degree (can start while pursuing BCom) |
10+2 qualification or equivalent |
Bachelor’s degree or final-year undergraduate student |
Global Recognition |
High, especially in the USA, Middle East, and Asia |
Widely recognized in over 180 countries |
Highly valued worldwide, especially in investment & finance sectors |
Career Roles |
Cost Accountant, Management Accountant, Financial Analyst |
Chartered Accountant, Auditor, Tax Consultant |
Investment Banker, Portfolio Manager, Equity Analyst |
Best Suited For |
Students interested in accounting, business strategy, and finance |
Those pursuing a career in global accounting and auditing |
Professionals aiming for careers in investment and finance |
Pass Rate (Approx.) |
45–50% per part |
40–50% per level |
40–45% per level |
This table helps you identify which credential aligns best with your career goals, whether you're studying commerce or looking for professional certification after a Bachelor of Commerce degree.
Eligibility Criteria for BCom CMA Courses in Bangalore
Educational Qualification:
- Candidates must have completed 10+2 or equivalent from a recognized board.
- Preferably, with commerce (Accounting and Economics, Business Studies) combinations.
- Some Bangalore BCom Certified Management Accountant Colleges may admit students from either science or arts with a significant interest in commerce.
Minimum Marks:
- 10+2 minimum aggregate marks of 50% to 60% (some variations between colleges).
- Higher cut-offs in Top BCom Certified Management Accountant Colleges in Bangalore.
Entrance Exam:
- Most colleges will provide merit-based admission or you can look for Direct Admission in Top 10 BCom Certified Management Accountant Colleges in Bangalore, but certain colleges may conduct college-level entrance exams.
- Personal interview or group discussions
- A national-level entrance exam is not required to apply for the BCom CMA Integrated Course.
The eligibility above applies to BCom Certified Management Accountant Colleges in Bangalore particularly, to recognized best commerce colleges in India.
BCom CMA Syllabus - Core Subjects and Specializations
The BCom CMA Programme is a combination of academic knowledge through a Bachelor of Commerce degree and the professional certification of the CMA course (Certified Management Accountant). The integrated programme is offered by various Top BCom Certified Management Accountant Colleges in Bangalore, and has been designed to give you strong comprehension of accounting skills and knowledge, alongside global competence in financial and management accounting.
First Part – Core Subjects (BCom Curriculum):
These subjects are taught in the initial years and form the foundation of commerce and accounting knowledge. Common across most Bcom courses in the best commerce colleges in India, the core subjects include:
- Financial Accounting
- Business Economics
- Business Mathematics & Statistics
- Principles of Management
- Marketing Management
- Corporate Laws
- Business Communication
- Environmental Studies
- Organizational Behaviour
Second Part – Specializations (varies by college):
As students progress, they move into advanced and specialized topics that align closely with the CMA curriculum and industry demands. Specializations may include:
- Cost and Management Accounting
- Financial Reporting
- Strategic Management
- Business Taxation
- Auditing and Assurance
- International Finance
- Business Analytics
- Corporate Finance
Understanding the CMA Course Details:
The CMA program is conducted by the Institute of Management Accountants (IMA), USA and is recognized globally. The BCom Certified Management Accountant Course Syllabus has two parts that both focus on advanced level finance and accounting subjects that overlaps some of the BCom syllabus.
CMA Part 1: Financial Planning, Performance, and Analytics
- External Financial Reporting Decisions
- Planning, Budgeting, and Forecasting
- Performance Management
- Cost Management
- Internal Controls
- Technology and Analytics
CMA Part 2: Strategic Financial Management
- Financial Statement Analysis
- Corporate Finance
- Decision Analysis
- Risk Management
- Investment Decisions
- Professional Ethics
The dual-structured program gives students an effective advantage when launching their careers in the global job market. It not only enhances what students have learned academically, but it also develops their tangible skills as critically important human capital in financial planning, analysis, and consultative ethics, making this a great option after a BCom over other options, such as a BMS course.
Choosing the Best BCom Certified Management Accountant Colleges, students will pursue and graduate with not only a degree, but also a professional designation, giving them the credential to enter diverse industries and high-paying jobs.
BCom Certified Management Accountant Course Fees Structure
The fee structure of the BCom CMA course will differ depending on the college and location as well as if the CMA training is part of the BCom course of study or offered through a partnered coaching institute. Generally speaking, the Top BCom Certified Management Accountant Colleges in Bangalore can expect fee structures to include the following discussions:
Here's the BCom CMA Course Fees Structure presented in a clear table format:
Component |
Details |
Fee Range |
Academic Fees (BCom Program) |
Annual Tuition Fees |
₹70,000 – ₹1,50,000/year |
Total for 3 Years |
₹2,10,000 – ₹4,50,000 |
|
Includes university registration, library, and standard BCom subjects |
||
CMA Training & Exam Fees |
Charged separately or included in integrated program |
|
CMA Coaching/Training |
CMA Part 1 & Part 2 (India-based institutes) |
₹60,000 – ₹1,00,000 |
IMA CMA Exam Fees (Approx. INR) |
IMA Student Membership (~$45) |
₹3,700 |
Entrance Fee (~$210) |
₹17,000 |
|
Exam Fee (~$345 per part × 2) |
₹56,000 |
|
Total Exam-Related Cost |
₹75,000 – ₹85,000 |
|
Additional Costs (If Applicable) |
Study Materials & Software Access |
₹10,000 – ₹20,000 |
Workshops, Seminars, Industry Visits |
₹5,000 – ₹15,000 |
|
Estimated Total Cost (All-Inclusive) |
Full 3-Year Program at Bangalore BCom Certified Management Accountant Colleges |
₹3.5 Lakhs – ₹6.5 Lakhs |
Note: All fees are approximate and may vary based on the college, currency exchange rates, and optional inclusions like workshops or additional training.
Colleges that have integrated CMA coaching in the curriculum may even reduce the cost of obtaining CMA credentials and lessen the inconvenience. It makes for a solid investment given the value of the CMA designation across the globe, as well as the numerous high-paying career choices that it provides.
Top BCom Colleges in Bangalore with NIRF Rating
NIRF Ranking
The NIRF (National Institutional Ranking Framework) Ranking is evaluated by the Ministry of Education. The NIRF Ranking evaluates colleges based on teaching, the college resources, graduation outcomes etc.
NIRF Ranking 2024 (Commerce)
Sl.No |
Name |
Score |
Rank |
1 |
St. Joseph’s College of Commerce |
55.65 |
55 |
2 |
Kristu Jayanti College |
55.35 |
60 |
3 |
M S Ramaiah College of Arts, Science & Commerce |
52.87 |
87 |
Why Choose a BCom CMA Course?
Choosing a BCom CMA program is a great option for students who want to pursue a career in finance, accounting, and strategic management. This is an integrated program at some of the Top BCom Certified Management Accountant Colleges in Bangalore that combines an educational degree with a globally recognized professional qualification. Students will learn all the fundamental BCom subjects and be trained for the CMA (Certified Management Accountant) while completing their BCom understanding subject matter, which positions graduates to have a higher employability potential in both India and Internationally.
The curriculum has a practical base of knowledge, with real-world examples, and professional ethics training, which makes this program much more practical and dynamic than a BCom or a general BMS program. Once you complete a program at the Best BCom Certified Management Accountant Colleges, you will have the practical academic experience of expert faculty, dedicated CMA coaching, and industry relevance through placements and projects. If you're weighing your options for the best course after BCom, this program will give you distinction and allow you to find opportunities in high-growth areas in financial planning, corporate finance, and management consulting.
Placement after completion BCom Certified Management Accountant course in Bangalore
Graduates from Top BCom Certified Management Accountant Colleges in Bangalore have excellent placement opportunities, as they have both an academic degree and recognized international professional credentials. The CMA course, combined with the Bachelor of Commerce (BCom full form), means that graduates will possess the technical skills, analytical aptitude, and financial strategic knowledge that top recruiters want. Most of the Best BCom Certified Management Accountant Colleges in Bangalore also operate placement cells, have professional relations and internship pipelines which often help them gain a position with well-known companies in India or the world.
Job Opportunities After BCom CMA:
- Financial Analyst
- Management Accountant
- Cost Accountant
- Budget Analyst
- Internal Auditor
- Business Consultant
- Corporate Finance Executive
- Investment Analyst
- Tax Advisor
- Risk & Compliance Manager
These roles are available across sectors including banking, manufacturing, IT, consulting, and multinational corporations—making the BCom CMA pathway one of the most career-oriented bcom courses offered by the top commerce colleges in India.
Choosing the Right BCom CMA College in Bangalore
Choosing a college to do your BCom Certified Management Accountant course is a very important milestone in your path to a successful educational experience in the field of commerce and finance. The Top BCom Certified Management Accountant Colleges in Bangalore provide academic rigour, CMA-based training, industry engagement and placement support.
These colleges will teach you the fundamental BCom subjects and subjects relevant to the Bachelor of Commerce program, and provide the knowledge and skills you need to pass the CMA course exams, which are internationally recognized qualifications.
When considering the BCom Certified Management Accountant Colleges, it is imperative to investigate the teachers, CMA coach, placement services, and engagement with industry. With the right college, you will have the greatest opportunity to secure the best jobs while having high-growth paths in both national and international finance.