Course Details of ICWA


Institute of Cost and Works Accountants of India offers Cost Accountancy course in three levels such as Foundation course, Intermediate course and final. A pass in Higher Secondary examination is the minimum qualification for admission. Candidates are required to secure a minimum of 50% marks in each course so as to clear the exam. Those who have passed all these levels of courses are eligible to obtain membership from the institute.

Details about Foundation Course

This is the first level course in Cost Accountancy course. Candidates who have cleared their Higher Secondary course from a recognized board of studies are eligible to apply for this course. There is no minimum mark required for qualification. Those who have completed a minimum of 17 years of age are eligible to apply. Minimum duration of this course is 6 months. Final examination of this course is conducted in the months of June and December every year. Medium of instructions will be in Hindi and English Language.

Course Structure

  • Business Mathematics and Statistics Fundamentals (BMS)
  • Organization & Management Fundamentals (OMF)
  • Economics and Business Fundamentals (EBF)
  • Accounting (ACT)

Questions will be asked from each paper for a maximum of 100 marks. Maximum time allotted for each paper is 3 hours. Candidates are required to secure a minimum of 40% marks for a subject and at least 50% marks in aggregate so as to qualify the exam.

Details about Intermediate Course

Graduation in any discipline from a recognized University is the minimum educational qualification to pursue this course. Minimum age for eligibility is 18 years. Those who are studying final year of graduation and awaiting results can also apply for this course. Apart from this, those who have passed the foundation course are also eligible to apply. Minimum duration of the course is 12 months from the time of registration. Examinations are conducted twice in every year.

Course Structure

  • Operation Management and Information Systems
  • Financial Accounting
  • Commercial & Industrial Laws and Auditing
  • Cost & Management Accounting
  • Applied Direct Taxation
  • Applied Indirect Taxes

Candidates are required to secure a minimum of 50% marks in aggregate so as to qualify the examination.

Details about Final Course

This is the final stage of Cost Accountancy course. Candidates who have cleared Intermediate course are eligible to pursue this course. Duration of this program is 12 months. The course structure comprises of written examination as well as practical training.

Course Structure

  • Capital Market Analysis & Corporate Laws
  • Financial Management & International Finance
  • Management Accounting- Strategic Management
  • Indirect & Direct - Tax Management
  • Management Accounting - Enterprise Performance Management
  • Advanced Financial Accounting & Reporting
  • Cost Audit & Operational Audit and Ethics
  • Business Valuation Management

Those who have cleared the examinations will have to undergo practical training so as to obtain certificate of experience. Candidates who have completed 3 years practical training will be given associate membership.



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One Response to “Course Details of ICWA”

  1. 1

    I have finished my inter with 95%. CA-CPT with 160 marks. I didn’t get through IPCC. wanted to appear for ICWA foundation exam. am I eligible for that? if I, then when to register for exam?? what is the procedure?