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What is the salary of a CMA Fresher | Cost Accountant Salary The Institute of Cost Accountants of India, previously known as the Institute of Cost & Works Accountants of India, is a premier statutory professional accountancy body in India with the objects of promoting, regulating and developing the profession of Cost Accountancy. There are 500,000 students and 75,000 members - its the second largest cost management professionals body in the world Earlier known as ICWA (The Institute of Cost and Works Accountants); the degree is now termed as CMA - Cost and Management Accountant The pass rate for June 2018 exams Final - 9156 students appeared and 2080 cleared single/both groups - 22.72% pass rate 1240 CMAs qualified In Intermediate exams - Appeared - 21,493 and 4647 cleared single/both groups - 21.62% pass rate There are 3169 members in practice as on 31.3.17 The Institute organizes campus placement drive twice every year for newly qualified CMAs – October/ Novemb...

The retail investor is the proverbial lamb which had been made happy only to be slaughtered  The markets have crashed - Quantitative Easing Reversal, Hardening Yields, Rising Crude, Rupee Depreciation, Corporate Governance issues at the likes of IL&FS, Yes Bank etc FIIs have been net sellers and DIIs have salvaged the market - Retailer's SIP money, NPS, PF corpus keeps the market afloat Individual stocks have corrected 40-50% Let us be circumspect about Mutual Fund also Lets not try to time the market but rather buy a little quantity at each level Stock SIP works wonders - e.g. a stock like Pidilite but needs great investment discipline I invest in ELSS schemes of MF even though I dont need Section 80C benefit - because historically returns have been better- fund managers can take a 3 year view e.g. Birla Tax Relief 96 Also trying Investment in Liquid Fund and daily STP into MF Please be cautious before relying on whatsapp tips and stock re...