The aim of this programme is to further develop skills of analysis, evaluation and synthesis in the areas of cost and management accounting for associate members and, in the process, create an awareness of some current developments in the profession. The programme is not designed as one in which highly structured methods and rules are applied to various topics in order to find one “correct” solution or answer for problems or issues. Rather, it is more a possibilities quest, in which various controversial conceptual and practical issues will be reviewed and analysed, with due recognition to the reality of alternative value judgements. Given the history of recent developments in the profession and business practices, this approach to the study of the subject of management accounting is considered feasible and warranted. Furthermore, evidence is available that in managerial accounting, procedures continue to evolve and develop. Much of this dynamic activity is in response to changing business practices and policies and the complexity of modern firms. The CMA Programme consists of two post-graduate level subjects, namely:

• Strategic Cost Management (SCM)
• Strategic Business Analysis (SBA)

Entry Requirements: Students should have a degree or a professional qualification in accounting, or an MBA with a strong accounting and finance stream or be GMA or AMA members of ICMA. Students can take exams if they hold any of the above qualifications but require 5 years’ relevant work experience to obtain the Certified Management Accountant (CMA) membership of ICMA.