HERMAN AMARASEKARA MEMORIAL SCHOLARSHIP FOR ASPIRING MANAGEMENT ACCOUNTANS
HERMAN AMARASEKARA MEMORIAL SCHOLARSHIP FOR ASPIRING MANAGEMENT ACCOUNTANS
Scholarships for Aspiring Management Accountants
Established in honour of Mr. Herman Amarasekera, FCA, FCMA, a Founder Member of CMA Sri Lanka and Founder and Senior Partner of Amarasekara & Company, Chartered Accountants, the Fund provides scholarships to deserving CMA students.
Objective
To provide financial assistance to deserving students pursuing a professional management accounting qualification with CMA Sri Lanka.
Eligibility Criteria
- Completed A/L examinations and wish to pursue a career in management accounting, or registered CMA students (Certificate Level or higher).
- Annual family income below Rs. 480,000 with documentary proof (Grama Niladhari confirmation, affidavits, recommendation letters).
- No history of disciplinary action or examination malpractice.
- Willingness to undertake practical training under the scholarship scheme.
Applicants with exceptional A/L or university results will be considered. Preference may be given to those with strong academic performance and extracurricular achievements.
Details of Grant of Scholarships
- 100% coverage of student subscription, study text, exam fees, workshop fees, and tuition fees (for 2–3 years based on entry qualifications).
- Monthly cash grant provided.
- Students contribute to repeat exam fees.
- Scholarship holders supervised by a Mentor and reviewed every six months.
- Continued support subject to good academic standing and compliance with scholarship conditions.
Selection Process
- Submit Scholarship Application Form with supporting documents by 2nd November 2026.
- Applications reviewed based on financial need, academic record, and motivation.
- Panel recommends candidates to CMA Council for approval.
- Recipients formally informed by Student Affairs Division.
- Scholarships awarded at Graduation Ceremony 2026 on 7th December 2026.
- Decision of CMA Council is final.
Monitoring and Renewal
- Progress reviewed by Mentor and Panel every six months.
Special Notes
- Fund does not cover repeat exam fees, exemption fees, or late fees.
- Scholarship funds deposited in student’s bank account, subject to satisfactory progress review.
How to Apply
Step 1 – Online Submission: Visit www.cma-srilanka.org and complete the online application under “Downloads.” Click here to apply
Step 2 – Document Submission: Send certified documents in an envelope marked “Herman Amarasekera Memorial Scholarship Fund” to:
Institute of Certified Management Accountants of Sri Lanka29/24, Visakha Private Road
Colombo 04
Sri Lanka
Required documents include:
- Letter of eligibility with personal details and NIC number.
- Copies of GCE O/L and A/L results.
- CMA exam results.
- Certificates of extracurricular activities.
- Other academic/professional qualifications.
- Income confirmation from Grama Niladhari or valid proof.
Application Deadline: 16th November 2026
For Further Information
Contact: Mr. Tharindu Dissanayake
Manager – Student Affairs, CMA Sri Lanka
Telephone: 077 88 333 63
Email: info@cma-srilanka.org

