About Our Learning Program

In view of the pandemic and our inability to have face to face classes, online classes will be conducted every week end to cover the syllabus of three Parts of the CIA study. Attendance to each session is compulsory. Study material will be provided to all students as the fees include cost of study material. Classes will be recorded. Recordings will be provided at the discretion of the Lead Faculty depending upon the reasons offered. Recordings will be made available for a maximum of 15 days with a maximum of three recordings at a time.

The course content of the study is broader than that of any advanced post-graduate program and needs to be completed in over 130 hours of class study, to a level expected in a global level exam. This task can be accomplished, only if the aspirants are prepared to read the study material before attending the respective classes and note down their doubts for discussion during the class room sessions. We strongly believe that this practice alone will help to consistently evince interest in studies and carry forward the students. To support this, a 24x 7 doubts clearing facility is also extended to clarify doubts on a day-to-day basis without the need to wait until the subsequent class. As a part of this program, students will also get appropriate mentoring and timely guidance as may be needed UNTIL they get the coveted certification.

Determination and preparedness to devote relentless efforts consistently, as advised by the faculty is very important. The Lead faculty will continuously monitor the study progress of aspirants and will set targets for completing. Aspirants are expected to meet the rigors of this course if they have to complete the CIA exam successfully in the shortest possible time.

Syllabus

IIA Global Headquarters has notified changes to the Certified Internal Auditor^® (CIA^®) program scheduled from 2014

Below is a brief overview of the current CIA syllabus:

Exam Format And Performance

The online exams with a multiple choice question pattern can be taken anytime through authorized Prometric centers spread across the country in all major cities.(one center is in Chennai).

The exams can be taken up the three parts, one at a time or complete all in one single shot. The candidate, however should clear all parts (done at one go or individually) within 4 years from the date of registration.

Eligibility And Admission Criteria

Eligibility criteria

CIA exam is a highly competitive exam. Aspirants should be graduate or above and should have a minimum of three years of experience in internal auditing and /or risk management in a medium or large organization/consultancy. Professional accounting qualifications, knowledge of Finance and Information technology /security and exposure to general Management practices are added advantages.

Admission criteria

The admission is based on sound educational background and experience, particularly in internal auditing and risk. Admission is limited to 15 students per batch to facilitate focused learning and personal attention. Applicants meeting the eligibility criteria will be interviewed by our lead faculty to evaluate their suitability and aptitude to pursue the course.

Determination and preparedness to devote relentless efforts consistently, as advised by the faculty is very important. The Lead faculty will continuously monitor the study progress of aspirants and will set targets for completing. Aspirants are expected to meet the rigors of this course if they have to complete the CIA exam successfully in the shortest possible time.

CIA Admission policy w.e.f 15/10/2021

GMA interview all applicants for CIA course, mainly to evaluate their suitability to pursue the course-(In addition to relevant educational background, each candidate’s experience and exposure in internal audit, and/ or Risk management, in particular as well as their aptitude in learning, readiness and consistency to devote extra hours of study as may be required for this global level competitive exam). Only those who meet the minimum criteria will be admitted to pursue this advanced course.

The CIA exam consists of three parts. Generally, candidates selected for a particular batch, during the first three months undergo classes for Parts 1&2, (predominantly consisting of international audit standards and guidance, as well as GRC-Governance Risk management and Control). They will also be taught Part-3 subjects –Business acumen, IT & IT security and Finance as per IIA’s syllabus for another three months, thus for a total of six months for the entire course.

Our new admission strategy is to make the admission procedure a flexible and more convenient one and accordingly, the waiting time is cut to just three months.

Salient features of the amended scheme are as follows:

• As per the new strategy, admission will also be done during the interim period for the part-3, (which is independent of Part 1 & 2) before commencement of the part-3 for the batch, for which already classes are running for the Part 1 & 2. Therefore, the candidates who joined at the beginning of the batch as well those got selected during the interim period will undergo classes for Part-3, together.
• Candidates selected students during the interim period will subsequently undergo classes for parts 1&2 along with the students of the next batch, (which normally commences with minimum two weeks’ interval, from the completion of the immediately preceding batch).
• Though the sequence in which both the category of students undergo classes are different, they get equal opportunity to learn, irrespective of their joining time.

“Under this scheme, admission for the part-3 is open from now onwards up to end November 2021. Selected candidates will first undergo classes for part-3 first and then for parts 1 & 2, along with the students of the next batch scheduled to commence from first week of March 2022”.

Enrolment - Fee Structure

Normal fees covering all 3 Parts of CIA is Rs. 50,000 plus GST. (GST will be 18%)

Detailed Fee Structure Details of Bank

• Next batch of classes for all the three parts starts on 21st August 2021. In view of the present pandemic, we offer online classes during the week ends. The timings will be from 6:30 am to 9:00 am.
• Registration on or before 10th August 2021 will be eligible for Early Bird Offer of Rs. 5,000 discount from Normal fees
• Payment by installments (subject to conditions) will be permitted.
• For 2 installments, fees will be Rs. 52,000 plus ST.(Rs. 27,000 plus GST+one month PDC for Rs. 25,000 plus GST)
• For 3 installments fees Rs. 55,000 plus GST. (Rs. 25,000 plus GST+2 monthly PDCs for Rs. 15,000 each with GST)
• Instalment scheme will not be available for those availing Early Bird Offer.
• Concessional fee is applicable to past GMA students wanting to join classes again. Please see

Detailed Fee Structure

Class - Time Table

In case of Online classes, it will be from 6.30 am to 9 am on Saturdays and Sundays

For Online Classes

Prepare yourself to take the exams confidently by attending our classes for New 3 part format of Examinations by Institute of Internal Auditors, Florida.

Bridge Program

With an aim to make it easier for those CIA aspirants who do not have professional qualifications-(CA, ICWA, MBA or PG equivalent) and/or industrial experience, Grey Matter Academics conducts regular Bridge program to help and prepare such candidates with a certain level of proficiency demanded for an international certification course such as CIA.

Crash Course

With an objective to support aspirants who could not attend regular classes and for those who would like to have a last-minute brush up before taking the CIA exam, GMA will be periodically conducting Crash Courses. The eligible student should have either attended regular classes or gone through self-study program. Freshers or those who are new to CIA will not be considered.

Dates & Fees Structure of the classes will be announced in the website or communicated to those who have informed us of their interest to attend.

Teaching methodology– A quick review of all important topics for four hours followed by one hour of doubt clarification and/or discussions each day. Participants will be permitted to undergo mock-test. The students may seek additional exam related guidance/ input after crash course hours from the faculty.

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What does Student feel?

Mr. Suraj

Father of Sneha Girl student from Chennai

The personal care, discipline, structured academic curriculum are among the best I have found in Chennai.