26 weekend classes will be conducted 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.

The course content of the study is broader than that of any advanced post-graduate program and needs to be completed in 130 hours (26×5) of 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 to get this coveted certification.

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:

Part 1 Exam: Internal Auditing Basics
Duration: 2.5 hours
Question Count: 125
Part 2 Exam: Internal Audit Practice
Duration: 2.0 hours
Question Count: 100
Part 3 Exam: Internal Audit Knowledge Elements
Duration: 2.0 hours
Question Count: 100
Topical focus areas include:

  • IIA Mandatory Guidance
  • Internal Control and Risk
  • Tools and Techniques for Conducting the Audit Engagement
Topical focus areas include:

  • Managing the Internal Audit Function
  • Managing Individual Engagements
  • Fraud Risks and Controls
Topical focus areas include:

  • Governance
  • Risk Management
  • Organizational Structure and Business Processes
  • Communication
  • Leadership
  • IT/Business Continuity
  • Financial Management
  • Global Business Environment

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 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.

Normal fees Rs. 50,000 plus GST. (GST will be 18%)

Detailed Fee Structure Details of Bank

    • Batch is in progress. However, a student would be permitted to join from Part 3 (classes to start from first week of May 2020) and then continue for Part 1 and 2. In such cases registration on or before 15th April 2020 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)
    • Installment scheme will not be available for those availing Early Bird Offer.
    • Light refreshments, Course materials and hand outs will be provided.

The regular CIA classes will be held on Sundays from 8.30 am to 1.30 pm only as below:

Course Details No. of days No. of Hours Total Hours
Part I Classes 7 (Sun) 5 35
Part II Classes 6 (Sun) 5 30
Part III Classes 12 (Sun) 5 60
Additional Class by External Faculty 1 (Sun) 5 05
Total 26 Sundays 130

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

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.

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.

For Part 1 and 2, classes will be held on two consecutive days and for Part 3, classes will be on three consecutive days between 8 AM to 1 PM. Dates 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.

Fee structure- (Inclusive of detailed notes and refreshments)

Part 1 Part 2 Part 3
INR. 5,000/- plus GST  INR. 5,000/- plus GST INR. 7,000/- plus GST
A few successful CIA studentsView