Overview

Institute Name: The Institute of Cost Accountants of India (ICAI), formerly known as The Institute of Cost and Works Accountants of India (ICWAI)

Type: Central Autonomous Body under Ministry of Corporate Affairs, Government of India

Year Established: 1944

Location: Headquarters in New Delhi, Delhi, India

Campuses: Head Office in New Delhi with regional and branch offices across India

Approvals & Accreditation: Recognized by the Ministry of Corporate Affairs, Government of India; Not under UGC/AICTE/NAAC but statutory body constituted under Cost and Works Accountants Act, 1959

Official Website: https://icmai.in

Quick Facts

• Founder: Established under Cost and Works Accountants Act, 1959 by Govt. of India
• President (2024): Not available on official sources as of 2024-06-10
• Student Count: Over 70,000 active students annually
• Faculty & Departments: Commerce, Management, Accounting, Finance faculties
• Contact info: Contact page
• NAAC Grade: Not applicable; statutory body, not a university
• NIRF Ranking: Not applicable; statutory professional institute

Courses & Programs

• Faculties: Commerce, Management, Finance, Cost & Management Accounting
• Popular Programs:
  • Foundation Course (UG level)
  • Intermediate Course (PG level equivalent)
  • Final Course (Professional qualification)
  • Certificate and Diploma programs in Management and Accounting
  • PhD: Offered in collaboration with universities (external mode)
• Duration: Typically 3–5 years (depending on exam success)
• Mode: Regular, Distance Learning, Online resources available
• Intake: Open enrollment (subject to passing exam levels)

Admissions

• Mode: Merit-based on qualifying exam plus registration with ICAI
• Accepted Exams: 10+2 for Foundation; Graduation for Intermediate exemptions
• Timeline: Enroll anytime; exams twice a year (June and December)
• Admission page: ICAI Student Registration
• How to Apply:
  1. Online registration through official portal
  2. Submission of necessary documents (10th, 12th mark sheets, ID proof)
  3. Payment of registration fees online

Eligibility

• Foundation Course: Pass 10+2 or equivalent examination from recognized board
• Intermediate Course: Pass Foundation or Graduation from recognized university (some exemptions)
• Final Course: Qualified Intermediate level
• Documents: Mark sheets, Identity proof, Photographs, Address proof
• Age: No minimum age required

Fee & Scholarships

• Foundation Registration Fee: Approx. ₹9,000 (includes registration and study material)
• Intermediate & Final Course Fee: Approx. ₹12,000 to ₹15,000 per level
• Hostel/Exam Fees: Exam fees approx. ₹1,200 per paper (varies)
• Scholarships: Merit-based & need-based scholarships, SC/ST/OBC/EWS reserved as per Govt. of India rules
• Scholarship details: Official Scholarships Page

Placements

• Placement %: Data not centrally maintained by ICAI; varies by region/college
• Average/Highest CTC: Not available centrally
• Recruiters: CA firms, Multinational companies, Financial Institutions, Government sector
• Placement Cell: Career & Placement Services
• Internships: Mandatory practical training as part of course

Campus & Facilities

• Not applicable as ICAI is a professional statutory body operating mainly through institutions and regional offices
• Offers regional centers with study rooms, libraries, online learning resources
• Facilities: Library, Wi-Fi, Examination Centers, Student awareness programs
• Clubs/Fests: Seminars, Workshops, Student Meets

Faculty & Research

• Faculty: Eminent academicians and industry professionals
• Research Centres: Not independently operated by ICAI; encourages research collaborations
• Grants & Patents: Not available on official sources as of 2024-06-10
• MoUs: With various academic & professional institutions nationally and internationally

Rankings

• NIRF: Not listed as ICAI is a statutory professional body
• NAAC: Not applicable
• India Today/Outlook/QS: Not applicable

Results, Cut-Offs & Seat Matrix

• Results: Declared online ICAI Results Portal
• Cut-Offs: No cut-offs; eligibility based on examination pass criteria
• Seat Matrix: Open enrollment for courses

How to Reach

• Nearest Airport: Indira Gandhi International Airport, New Delhi
• Nearest Railway Station: New Delhi Railway Station, approx. 9 km from ICMAI Headquarters
• City Transit: Metro and local buses connect to the ICMAI Head Office in New Delhi

FAQs

Q1: How to register for ICAI courses?

A: Online registration is available at ICAI Student Registration portal.

Q2: Is ICAI certificate recognized in India?

A: Yes, ICAI qualification is a statutory professional certification recognized nationwide.

Q3: What is the duration to become a certified Cost Accountant?

A: Typically 3-5 years depending on clearance of Foundation, Intermediate, and Final exams plus training.

Q4: Are there any scholarships for ICAI students?

A: Yes, scholarships for SC/ST/OBC/EWS and merit-based scholarships are provided. See Scholarships.

Q5: Does ICAI provide campus placements?

A: Placement assistance varies by region; students are encouraged to seek internships and professional opportunities through ICAI's network.

Q6: Can I study ICAI courses online?

A: Yes, ICAI provides e-learning materials and online classes additionally to regular coaching.

Q7: What is the exam schedule for ICAI?

A: Exams are conducted twice yearly in June and December; admit cards and detailed schedules available online.

Q8: Are there any age limits for ICAI courses?

A: No age limit applies; candidates can register anytime upon meeting educational eligibility.

Q9: How do I contact ICAI for support?

A: Visit Contact Us page for regional office details.

Q10: Is ICAI recognized by UGC or AICTE?

A: No, ICAI is a statutory professional body constituted by an act of Parliament, not a university under UGC/AICTE.