There are four stages in the Graduate Member programme, each stage requiring the passing of four subjects. A detailed list of the subjects is provided in Figure 2, and Figure 3 below shows the articulation process with each stage leading naturally to the next one, and building on what has been learnt in previous stages.
Stage 4 of the graduate program consists of the totality of the subjects in the Graduate Conversion Program. These subjects may be undertaken directly (without completing Stage 1 to 3) by holders of degrees or professional qualifications in disciplines other than accounting.
Students completing the Graduate Member programme become Graduate Members of the ICMA, and could apply for Associate membership (AMA) once they have acquired the 3 years experience levels required by the Institute.
|Stage One (CAT)||
Accounting Principles & Practice
Account Control Systems
Financial Information Systems
|Stage Two (RCA)||
International Business Law and Governance
International Business Taxation
Business Analysis & Audit
|Stage Three (RBA)||Financial Accounting
|Stage Four (GMA)||Financial Management
Financial Statement Analysis
|Part One||Strategic Cost Management|
|Part Two||Strategic Business Analysis|
Students who have partially completed programmes at universities, recognised professional bodies and other educational and training establishments may apply for credit, on a subject-by-subject basis. Further, it is one of the objectives of the Institute to accredit Graduate Conversion Programmes offered to non-accountants to convert to accountancy at recognised universities and educational bodies. Holders of Graduate Diplomas in Accounting and above, will be thus eligible for Graduate membership in the Institute.
The Institute’s own Graduate Conversion Programme, consists the four subjects of Stage 4 in Figure above, taught at a University 4th Year (Honours/Graduate Diploma) level.