I cleared by CA Final last year.I have passed all the levels of CFA(USA). Currently working as a Finance Manager for a MNC. Recently came across ICAI's MBF course details. The content seems to be very nice.I would like to get inputs from any alumn. Please share your learning experience & employment stats of this course.
1. Who is eligible to join the Course? Members of the ICAI and students who have passed the CA final exam are eligible to pursue this course. The Committee reserves the right to permit others including government officials for this course on the terms & conditions as it may decide. 2. Whether the aspirants have to qualify any admission test? Admission is on first-cum-first served basis. 3. Where this Course will be launched? This course will be held at New Delhi, Mumbai, Bangalore & Kolkata. Residential Programme will be held in ICAI Centre of Excellence, Hyderabad. First residential programme of this batch has been planned in the month of October 2012. It is mandatory to attend both the residential programmes of the course for successful completion of the course. 4. When the Classes will commence for next Batch of 2012-13 Session? The classes for fourth batch will be from July/August 2012 as follows: Delhi: 29 th July, 2012 Mumbai: 11 th August, 2012 Kolkata: 8 th September, 2012 Bangalore: 15 th September, 2012 (Registrations for all the above places are currently open) 5. Where classes will be conducted? The venue will be at convenient locations at Delhi, Mumbai, Bangalore and Kolkata. 6. What will be the duration of the classes? The duration of the classes will be about one year. Classes will be held on 2 nd and 4 th weekend of every month (both on Saturday and Sunday). Timings would be as follows: Saturday-from 2 PM to 8 PM and Sunday-from 9 AM to 2 PM. Class room teaching 150 - 200 hours Case Study in Groups and project preparation 200 hours Self Study 300 hours 7. What will be the Overall Scheme for the Master in Business Finance Certificate Course? The candidates are expected to attend all the classes and Presentations/ Group Discussions (GD)/Case Study Sessions. The candidates are required to devote time for self-study and case study given to them. Participants will be grouped (not more than 5 course participants per group) for preparing the case studyand project report. The participants must complete the Self-study hours and case study for appearing at the Evaluation Test. The candidates are expected to prepare comprehensive project case studies and present it to the Evaluation Team for appropriate marks allocation to be considered as part of overall evaluation process. 8. What is the Fee Structure of the course? Total Course fees is Rs 50,000. [Registration Fee: Rs. 30,000 (rupees thirty thousand only) + Rs. 20,000 (rupees twenty thousand only) for residential programme – 2 numbers 1 week each]. 9. How to Register? Candidates have to fill in the Registration Form available on the link http://220.227.161.86/24921mbf_batch3_registration_form.xls and submit it to the Committee Secretariat. The Registration form is also available at the website of the Institute www.icai.org. Soft copy of the form duly filled in is to be sent in to cma@icai.org The form complete in all respect along with the requisite fee should be submitted to the following official: The Secretary, Committee on Management Accounting (CMA) ICAI BHAWAN, Administrative Block, 3rd floor, A-29, Sector-62, Noida-201309 (U.P.) E-mail id: cma@icai.org Contact: 09350799912, 0120-3045905/945 Payment for the Course Fee can be made On-line or through Demand Draft/Pay Order/ Multicity Cheque drawn in favour of “The Secretary, Institute of Chartered Accountants of India” payable at New Delhi. The facility of online registration and e-payment is available at http://www.icai.org/ccm.html?progid=107 10. What will be the Evaluation process? Candidates who have successfully completed classes are eligible to appear at the Evaluation Test. A Board of Evaluators will examine and evaluate the presentation, dissertation and Report of the Case study allotted to the group of participants. Each individual participant of the group will also be evaluated individually. Adequate consideration in individual evaluation will be given for the performance, conduct and the quality of the outcome of the group task. 11. What will be the Periodicity of Examinations? The examination will consist of 6 Papers of 100 marks each (3 Hours duration). Candidates can appear examination in one or more levels at one time. Examination fees per level @ Rs 1000 will have to be paid. The Examination fee may be revised by the Committee.12. What will be the Eligibility to Qualify for the evaluation test? A candidate has to secure 50% marks in aggregate and 40% in individual paper in a level. A candidate securing 60% or more in a paper but not successful in clearing the level will get exemption in the paper. However, the Committee reserves the right to modify this criterion to facilitate deeper understanding of the subject. The project reports prepared as case study in groups and research work given during the course will also be part of evaluation process. Participants will be encouraged to share their real time experiences through the case studies after obtaining prior consent of their clients/employers, where needed. Case Studies on ‘No name basis’ will also be acceptable. 13. Is there any limit to the number of attempts for the evaluation test? There will be no limit in respect of the number of attempts for the evaluation test. Test will be conducted every 6 months at 4 to 6 locations in India. Candidates can reappear for the evaluation test and the reappearance fee will be Rs.1,000/- per Level. The case study marks will be carried forward for calculating the pass marks. 14. Whether a Certificate will be given on completion of the Course? On successful completion of the Course including the residential programme, a certificate will be awarded to the participants. 15. Who will be faculty for the course? Besides, ICAI faculty, Senior Chartered Accountants in practice and industry, eminent academicians from IIT, IIMs, Universities and top management institutions will be invited to deliberate. The Institute is empanelling the aforesaid persons as Visiting Professors, Visiting Readers and Visiting Lecturers for this purpose. In case of very high profile busy faculty, e-study may also be resorted to in certain specific cases. As a special incentive to attract senior members of the profession to act as Visiting Professors/Readers/Lecturer adequate honorarium will be paid to them. 16. Is there any exemption from attending classes? Very senior members of the profession who have already established their excellence may, at the discretion of the committee, partially or fully be exempt from class room study. The decision of Board of Evaluators duly approved by President in office and National Course Director shall be final in this regard. Informally approaching decision-making authority or Secretariat will disentitle the member from such exemption.
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