ICMA International, lead strategically

75 years of excellence, 1951 to 2026

Become a Chartered Management Accountant

Study Scheme-2025 takes you from Operational Level to CMA through 18 courses and 6 practical training modules, examined six times a year at campuses across Pakistan.

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CMA graduates at the ICMA Lahore Convocation 2022
Established
1951
Members
7,500+
Students
17,000+
Examination centres
20
Notice

October 2026 Examinations (OL1 to SL2, PIK, PCTME-PTME and LLG): online examination form and fee payment window runs from 19 to 26 September 2026. Examinations begin Monday 5 October.

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Information for

Study Scheme-2025: from Operational Level to Chartered Management Accountant

Each level runs for six months and every course is examined by computer-based examination. Degree holders enter at Managerial Level. Recognised by the Higher Education Commission of Pakistan as equivalent to a Master's degree.

  1. 1Year 1

    Operational

    Operational Level 1

    • O1Fundamentals of Financial Accounting
    • O2Gen. AI & Business Productivity
    • O3Business & Commercial Laws

    Operational Level 2

    • O4Business Economics
    • O5Business Mathematics and Statistics
    • O6Fundamentals of Cost & Management Accounting
  2. 2Year 2

    Managerial

    Managerial Level 1

    • M1Financial Accounting & Corporate Reporting
    • M2Business Taxation
    • M3Organizational Management

    Managerial Level 2

    • M4Digital Accounting & Financial Modelling
    • M5Advanced Management Accounting
    • M6Corporate Framework & Reporting
  3. 3Year 2.5

    Practical Training 1

    Modules

    • PTM1Data Analytics & Visualisation (Power BI)
    • PTM2Entrepreneurship and Business Planning
    • PTM3Communication & Behavioural Skills
    AFA (Affiliate Financial Accountant)
  4. 4Year 3.5

    Strategic

    Strategic Level 1

    • S1Advanced Financial Accounting & Sustainability Reporting
    • S2Advanced Taxation
    • S3Corporate Laws, Governance & Ethics

    Strategic Level 2

    • S4Audit & Assurance
    • S5Strategic Financial Management
    • S6Strategic Management Accounting
  5. 5Year 4

    Practical Training 2

    Modules

    • PTM4Audit Procedures
    • PTM5Practical Aspects of Banking & Finance
    • PTM6Strategic Management Analysis
    CMA (Chartered Management Accountant)

Entry routes

Holders of 14 and 16-year business degrees enter directly at Managerial Level. Non-commerce graduates complete a free three-week Basic Accounting Course. Waivers are available for A-Level and Intermediate (Commerce) students.

Prior educationEntry levelDurationRegistration fee
12-year educationIntermediate, A-Level or equivalentOperational Level 14 years18 courses and 6 practical training modulesPKR 13,200
14-year degreeB.Com, BBA or equivalentManagerial Level 12.5 years12 courses and 3 practical training modulesPKR 51,000
16-year degreeM.Com, MBA, BS Accounting & FinanceManagerial Level 22 years9 courses and 3 practical training modulesPKR 66,200

News and notices

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Upcoming events

Seminars, webinars and programmes from the Institute and its branch councils. Members earn verifiable CPD hours for attendance.

Events calendar

International affiliations

Qualification recognised by the Higher Education Commission of Pakistan as equivalent to a Master's degree.

  • International Federation of Accountants
  • Confederation of Asian and Pacific Accountants
  • South Asian Federation of Accountants
  • IFRS Foundation
  • International Corporate Governance Network
  • UN Women's Empowerment Principles