Educational Philosophy of the ICMA


The philosophy of the Institute of Certified Management Accountants (ICMA) is predicated on the idea that an active commitment toward excellence is fundamental to the process of education. ICMA utilizes its capacity to create programs that meet the needs of a dynamic society without limiting the educational delivery system. It feels a need for innovative programs that reduce barriers while maintaining standards of quality. The structure and programs are designed to offer a sensitive and stimulating vehicle for the academic and professional pursuits of the full-time working person. Since a need is satisfied, ICMA continues its development as an institution dedicated to growth and excellence and sincere concern for the specific needs of its student membership body.

Student members are offered a variety of methods to obtain their qualification: Directed Online Independent Study, Classroom Lectures, In-House Seminars and Workshops. ICMA offers guidance, stimulation to growth, support for creativity and learning, evaluation, and access to a community of peers and faculty.

Ultimately, ICMA is committed to scholarship and quality education at the lowest possible cost to its students.

The educational objectives of the Institute of Certified Management Accountants (ICMA) are therefore to further the development of management accounting education in the universities and business schools of Australia and Internationally, to encourage research into the application of management accounting theory and practice, and to provide continuing professional development for its members.

In order to achieve the above objectives, the following educational programmes have been implemented by the Institute.

Technician Level Programmes

These programmes cover the three technician-level qualifications of ICMA:

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Professional Level Programmes

These programmes cover the three professional-level qualifications of ICMA:



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Entrance via University

It is envisaged that students who have obtained a degree in accounting, commerce, business accounting or a related discipline (with a major in accounting) would have satisfied the broad educational objectives of the Graduate member programme. Degree programmes that are not covered by the above categories would need to be accredited by the Institute on a case-by-case basis. Such degree programmes must, as a minimum, be of three-year's duration covering 24 subjects.

Entrance via recognized provider institution

Students with a pass level at a Country (or State) administered university entrance examination (eg. TER, SAT, IB or 'A' Levels) (or equivalent), may apply to undertake the Graduate Member program exams at a Recognized Provider Institution.