CMA strengthened...
Training Opportunities provided
In order to become a member of the CMA, Sri Lanka, three years of practical training with a recognised employer is mandatory. Students have the option to under go the practical training while reading for exams or after successfully completing all examinations. CMA, Sri Lanka has launched a special programme entitled “Training Partnership Agreements” (TPA) to ensure quality practical training for their students. So, far CMA has signed over 30 TPAs with leading private sector companies as well as reputed banks. Training opportunities are provided on request by students and availability of such opportunities in TPA partners.
“When I was in Level 2, I won the co- subject prize for Taxation. My degree took four years as it was a special degree, but I completed CMA in 2 and half years”
“CMA was useful to me in more than one way. The knowledge imparted at CMA classes greatly helped me to complete my degree with a first class. Another valuable thing was, CMA improved my employability skills. As I can see, CMA offers perfect combination of subjects, including the Integrative Case Study. The syllabus enables CMA holders to adapt quickly to any role offered to them by employers”
Ranmali says this with confidence and with firsthand experience. Before joining the Central Bank she had worked in several organizations widely varied from one another in their operations. According to her, those jobs in project management, consultancy, logistics and university staff did not pose any challenge to her as she was armed with broad knowledge provided by CMA as other qualifications.
Well rounded Professionals
CMA, Sri Lanka syllabus is organized focusing the progressing ladder in modern day business entities equipping the students to advance in their work places as they complete each level with added knowledge in management accounting, financial accounting and business management. Total number of 17 Core Units and 5 Skill Units are organized in the first 4 levels of the course to infuse candidates with comprehensive and vital knowledge required for building up of a ready to work management accountant. Especially, Corporate Law and Taxation, unlike foreign management accounting examinations, provide the candidate with the thorough knowledge of local scenario making them market ready in Sri Lanka.
Central Bank accepts CMA as entry qualification
“I strongly believe that having CMA with my degree strengthened my application to the Central Bank as the CB gives preference to people with professional qualifications as well”
At this point Ranmali pointed out correctly that CMA passed finalists, even with no other qualification are eligible to apply for Management Trainee positions at the Central Bank of Sri Lanka.