There is a bigger scope and tremendous opportunities as Cost and Works accountants to shoulder responsibility as Cost and Management Accountants in accordance with new dimensions and vision here in India and abroad. The Cost and Management Accountants facilitate strategic management decision in respect of economic activities of an organization by their sheer expertise. The Institute of Cost and Works Accountants Of India, the only professional body specialized in the field of Cost and Management Accountancy in India aims at imparting coaching and training in the subject of Cost & Management Accountancy. It was established by an Act of Parliament in the year 1959, though the same was in existence as a company since 1944.





Eligibility :



Candidates with 10+2 qualification can join the Institute's Intermediate course after qualifying the Foundation Course examination of the Institute. Students awaiting result of 10+2 examination may be permitted to appear in the Foundation Course examination. Similarly students awaiting result of Graduation examination may also avail the facility of provisional registration. Direct Registration without appearing for the Foundation course is open to Graduates of any discipline.

Career Prospects :

The candidates after passing ICWAI can work in top management positions, Viz. Managing Director, Finance Director, Financial Controller, Accountant, Cost Controller, Finance Manager, Chief Internal Auditor etc both in public and private sectors. They can also opt for Self entrepreneurship in following areas:

• Mandatory Cost Audit under Section 233(B) of the Companies Act, 1956.
• Certification under Export & Import Policy.
• Certification of manufacturing account as per Customs Act.
• Consultancy assignments.
• Excise Audit under Section 14A of the Central Excise Act and Special Audit of Modvat Credit availed of under Section 14AA of the Central Excise Act.

Institutions offering the course :