It is established in 1959 for the cost and managementa accountants.formerly it was known as icwai means institute of cost and works accountants of India but from last 3 years it is known as icai or icmai means institute of cost accountants of India.
It is a statutory body under an act of parliament.it is divided into 4 divisions east, west, north, south.its headquarter is established in kolkatta sudheer street cma bhawan. This is a 5 to 6 year course.it has three stages foundation, intermediate and final group.
The website of the institute is icmai.in