All about CMA Course, Eligibility, Fee, and Career Scope

In this ever-changing job market, being able to differentiate oneself is a must. This goes the same for the Finance industry, too. If you’re looking to build a career in Finance, then CMA India can be your strong differentiator. According to a DNA India article, people with CMA certification can earn 62% more than those with a basic accounting degree.  

CMA stands for Cost and Management Accountants (CMA). The Cost and Management Accountants (CMA) course in India is offered and managed by the Institute of Cost Accountants of India. It was previously referred to as CWA, which stands for Cost and Works Accounting. 

 While studying for the CMA Course tests, you will learn about cost accounting principles and how to apply them in real-world circumstances. After becoming a CMA, you can work in either the government or the commercial sector. Popular job titles include CFO, Financial Analyst, Corporate Controller, Cost Accountant, and Management Accountant.  

If you are interested in finance or management accounting and wish to manage an organization's overall costs, consider taking the CMA course. 

This guide contains comprehensive information on the CMA course, including eligibility, registration procedures, costs, duration, three levels, curriculum, salary prospects, and job opportunities. 

What is the CMA course?  

The Institute of Cost Accountants of India offers a professional certification course called CMA (Cost and Management Accountants). 

It has Three levels: Foundation, Intermediate, and Final. To become a certified Cost and Management Accountants (CMA), you must finish all three levels and meet the practical training requirements. 

This course will teach you important topics including cost control, financial planning, financial analysis, cost analysis, and decision-making. Certification requirements for the CMA course differ by country.  

This comprehensive resource contains all you need to know about the CMA course.  

CMA Course Details  

Now, let us understand the course details of Cost and Management Accountants (CMA) INDIA  

Particulars	CMA Course details
CMA Full Form	Cost and Management Accountants
Offered By	Institute of Cost Accountants of India (ICMAI)
Eligibility Criteria	Passed 12th with a minimum of 50% or Cleared Graduation
Course Levels	Three- Foundation, Intermediate & Final
Total Papers	20 Papers
CMA Course Duration	Three years
CMA Course Fees	Rs. 1-2 Lakhs
CMA Salary in India	10 Lakhs pa
Official Website	https://icmai.in/
Job Opportunities	Chief Financial Officer, Financial Analyst, Corporate Controller, Cost Accountant, Management Accountant, Auditor

Three Levels of Cost and Management Accountants Courses  

The CMA course is divided into three levels: foundation, intermediate, and final. Each level is intended to provide a thorough education in finance, accounting, law, management, and other relevant subjects. 

• CMA Foundation  

The CMA Foundation is the first level, where students learn the course including fundamentals of cost and management accounting. This course level lasts 8 months, and passing the exam requires a minimum of 40%. 

• CMA Intermediate  

Intermediate students will learn more about financial and cost accounting, and taxation, on this course. There are eight publications in total, separated into two groups in Cost and Management Accountants (CMA).  

•  CMA Final  

The CMA Final is the most difficult part of the Cost and Management Accounting course. You'll learn about various regulations, cost and financial management, reporting, auditing, and other in-depth topics.  

In addition to study, students must conduct practical training, which is critical for building necessary abilities in communication, stress management, time management, and other areas in this course.  

 CMA Course: Practical Training  

• Exposure to Work Environments: Get hands-on experience in various settings through this course.  

• Skill Development: Develop the ability to apply CMA theoretical knowledge to real-world business scenarios.  

• Professional Attitude: Choosing this course encourages a professional and disciplined approach, which is crucial in this industry.  

• Ethical Awareness: Understand the significance of ethical ideals in the business environment.  

To be recognized, every student enrolled in the Cost and Management Accountants (CMA) course must complete three years of full-time practical training in an organization designated in Appendix A and regions indicated in Appendix B.  

Cost and Management Accountants (CMA) Course Duration

The Cost and Management Accountants (CMA) course takes three years to complete. During this time, students must complete three levels: CMA Foundation, CMA Intermediate, and CMA Final. 

 Graduate students, such as those with a BCom degree, are exempt from the Foundation Level and can complete the course in at least 2.5 years.  

What are Cost and Management Accountants (CMA) Course Levels and Duration?

• CMA Foundation: 8 months 

• CMA Intermediate: 10 months 

• CMA Final: 18 months (about 1 and a half years) 

What is the Eligibility for Cost and Management Accountants (CMA) Course? 

Students who have completed the 12th grade, graduated in a discipline other than fine arts, or passed the Intermediate level of ICAI are eligible to apply for this course Cost and Management Accountants (CMA)  programme. 

 The eligibility requirements for pursuing the Cost and Management Accountants (CMA) course differ according to level. The following are the qualifications required for each level:  

Cost and Management Accountants (CMA) Eligibility Criteria 

 Cost and Management Accountants (CMA) Foundation Eligibility Criteria: 

• Must have completed high school or equivalent from a recognized board. 

• Must possess a 10+2 certificate from a recognized board. 

• Commerce Examination from Qualified National Diploma by AICTE or State Board of Technical Education. 

• Diploma in Rural Service Examination under National Council for Higher Education. 

• There is no upper age limit specified by ICMAI, but applicants must be at least 18 years old. 

Cost and Management Accountants (CMA) Intermediate Eligibility Criteria: 

• Cleared the 10+2 exams. 

• Cleared the CMA Foundation exams. 

• Passed Part 1 of the CAT exam of the Institute of Cost Accountants of India. 

• Should have a bachelor's degree (except in fine arts). 

• Cleared CA Foundation of ICSI or the Intermediate level of CA. 

Cost and Management Accountants (CMA) Final Eligibility Criteria: 

• Cleared CMA Intermediate Parts 1 and 2. 

• Completed the training required for the CMA Final. 

Cost and Management Accountants (CMA) Course Fees 2024 

CMA Course Level	CMA Course Fees
CMA Foundation Fees	Rs. 6000
CMA Intermediate Fees (Full)	Rs. 23,100
CMA Inter Fees (Installment)	Rs. 12,000 + Rs. 11,100
CMA Final Fees (Full)	Rs. 25,000
CMA Final Fees (Installment)	Rs. 15,000 + Rs. 10,000

The CMA course fees in India are different for each level. Now, let’s check the fees for CMA Foundation, Intermediate, and Final levels 

CMA Foundation Course Fees 

The fee for the CMA Foundation course is INR 6000. 

CMA Intermediate Level fees 

Option	Particular	Fees
1	CMA Intermediate (full)	INR 23,100/-
2	CMA Intermediate (in instalment)	INR 12,000/- (1st instalment) INR 11,100/- (2nd instalment)

CMA Final Level Fees 

Option	Particular	Fees
1	CMA Final (full)	INR 25,000/-
2	CMA Final (in instalment)	INR 15,000/- (1st instalment) INR 10,000/- (2nd instalment)

Source for the above information - https://icmai.in/icmai/  

How to Register for the CMA Course 

To register for the CMA Foundation/Intermediate/Final course, follow these steps: 

• Visit the official website of ICMAI. 

• Click on the "Students" tab in the menu. 

• Select "Online Admission." You will be directed to the Online Student Registration System page. 

• Choose the CMA Foundation/Intermediate/Final course option. 

• Click on "Read More" below each course for detailed information on eligibility, fees, and study materials. 

• Click the "Apply" button and fill out the required information. You will receive an OTP on your registered email. 

• Validate the OTP and complete the remaining details. Ensure all information is accurate and double-check before submission. 

• Upload the necessary documents as specified. 

• Pay the CMA fees online and download the confirmation receipt. Keep it safe for future reference. 

Important Dates for CMA Registration 

Registration for CMA exams is ongoing, but students must complete the registration form by specific deadlines: 

• For June exams: Last date is January 31. 

• For December exams: Last date is July 31. 

Documents Required for CMA Course Registration 

For CMA Foundation registration, the following documents are required: 

• Passport Photo (JPG/JPEG | 200 KB) 

• Specimen Signature (JPG/JPEG | 100 KB) 

• Age Proof (PDF | 300 KB) 

• 10th Pass Marksheet (PDF | 300 KB) 

• 12th Pass Marksheet (PDF | 300 KB) 

CMA Exam Form 

After registering for the CMA course, applicants must fill out the CMA exam form to be eligible to take the exams for that attempt. 

Procedure to Fill Out the CMA Exam Form 

To fill out the CMA exam form for CMA Foundation/Intermediate/Final, follow these steps: 

• Visit the official website of ICMAI. 

• Click on the "Students" tab in the menu to open a new tab. 

• Scroll down to the bottom of the page. On the right side, you will find the option for "Online Exam Application Form." 

• Click on the "Online Application" link on the new page. 

• Select your desired course from the drop-down menu and proceed to enter your details on the exam form. 

• Upload the required documents as specified. 

• Choose your preferred payment option, complete the payment, and retain the receipt for future reference. 

The CMA exam form can only be submitted online via the official website of ICMAI. 

CMA Application Fees Structure  

Below find all the fee details about the CMA exam form: 

Course Level	Exam Form Fee in India	Exam Form Fee Overseas
Foundation course	INR 1,200	USD 60
Intermediate course (Group I or II)	INR 1,200	USD 90
Intermediate course (both groups)	INR 2,400	–
Final course (Group I or II)	INR 1,400	USD 100
Final course (combination groups)	INR 2,800	–

Scope of CMA  

• High Growth Potential 

The CMA certification positions you at a management level, opening doors to increased responsibilities and oversight of financial accounts and operations. 

• Well-Paid Salary Packages 

CMA-certified professionals command higher compensation due to their ability to quickly advance into management roles and their high demand in the job market, ensuring significant pay raises even when changing employers. 

• Huge Global Opportunities 

CMA accreditation carries global recognition, making it valuable for career opportunities abroad. Whether seeking better pay or industry exposure in different countries, CMAs benefit from its worldwide acceptance and respect. 

• High Demand 

CMAs are highly sought-after for their expertise in accounting and business, making them desirable candidates for employment, especially in multinational corporations. 

• Comprehensive Knowledge of Accounting & Business 

CMA graduates possess extensive knowledge of both business operations and accounting principles, distinguishing them in the job market by their ability to integrate financial insights into strategic business decisions. 

Cost and Management Accountant Salaries in India  

Cost and management accounting are among the most profitable careers in India. Here are the compensation ranges for CMAs in India, according to several sites such as Ambition Box and Glassdoor: 

• Average annual salary: INR 6.5 lacs.  

• highest salary: INR 50 lacs per annum  

• Lowest annual salary: INR 4 Lacs  

CMAs' starting salaries normally vary between INR 4-5 Lacs per year, while experienced CMAs can earn between INR 10-12 Lacs. Salaries vary depending on the work position, region, and amount of experience.  

Career Scope after CMA 

The employment prospects in CMA are wide. Graduates of the CMA programme can pursue top management jobs in both the public and private sectors. The comprehensive curriculum provides applicants with in-depth understanding of business, accounting, management, finance, law, and other topics, increasing their chances of landing outstanding jobs around the world.  

Certified CMAs can flourish in a variety of finance and management professions across multiple industries. CMAs are highly valued by organizations such as research institutes, consulting businesses, financial organizations, governments, public utilities, and stock exchanges. Some noteworthy job roles after completing the CMA include: 

Job Roles for CMA Professionals 

• Cost Accountant 

• Chief Financial Officer 

• Chief Internal Auditor 

• Managing Director 

• Finance Director 

• Financial Consultant 

• Cost Controller 

• Financial Controller 

• Accountant 

Conclusion: 

That’s all about the CMA (Cost and Management Accountant) course offered by the Institute of Cost Accountants of India (ICMAI). Earning this prestigious certificate can unlock diverse career opportunities in both public and private sectors, holding positions such as CFO, Financial Analyst, and Cost Accountant. With its global recognition and significant salary potential, CMA certification stands out as an asset for finance and management professionals worldwide. We hope we have provided you with clarity. So, if you are ready to build a rewarding career in Finance, CMA India is worth your serious consideration! 

FAQs on CMA Details

What is CMA? 

CMA stands for Cost and Management Accountancy, a professional certification offered by ICMAI in India, previously known as CWA (Cost and Works Accounting). 

What are the eligibility criteria for the CMA course? 

Eligibility varies by level. Generally, candidates must have passed 12th grade or hold a graduation degree in any discipline except fine arts. Specific eligibility details are available on the ICMAI website. 

How long does it take to complete the CMA course? 

The CMA course typically takes three years to complete, including all three levels: Foundation (8 months), Intermediate (10 months), and Final (18 months). 

What are the career prospects after completing CMA? 

Graduates can pursue careers in top management roles such as CFO, Financial Analyst, and Management Accountant across various sectors including government, private companies, and multinational corporations.

What is the salary range for CMAs in India? 

CMAs in India can expect starting salaries between INR 4-5 LPA, with experienced professionals earning between INR 10-12 LPA on average. Salaries vary based on experience, location, and job role. 

 

CMA Intermediate results 2024

What is the CMA Intermediate exam ? 

The Institute of Cost Accountants of India (ICMAI), often known as ICMAI, administers examinations at three levels to individuals seeking the differentiated designation of Cost Management Accountant (CMA). Among these, the CMA Intermediate exam stands out as a critical step in the certification process.

The CMA Intermediate exam is seriously developed to assess applicants' skills in numerous crucial areas, including cost and management accounting, strategic management, and financial management. This exam is not only a test of theoretical knowledge; it also assesses the actual application of these principles in real-world situations.

Successful completion of the CMA Intermediate course ensures that students have a thorough understanding of financial decision-making processes. This is necessary for people who want to create a career in cost and management accounting.as it teaches students how to successfully analyse, understand, and handle financial data.

In addition, the CMA Intermediate exam is an important step towards obtaining CMA certification. Candidates who pass this exam show their ability to handle the challenging topics and problems provided at the CMA Final level.

Candidates who have completed the CMA Foundation course or possess a related bachelor's degree are eligible to take the CMA Intermediate test. This inclusion ensures that a diverse range of applicants can pursue the CMA certification, as long as they complete the requisite academic requirements.

In summary, the CMA Intermediate exam is an important step in the CMA certification process, designed to develop and evaluate the necessary abilities for a successful career in cost and management accounting. Completing this exam not only verifies a candidate's knowledge of essential financial areas, but it also grants access to the final level of the CMA course, taking them one step closer to achieving the highly desired CMA certification.

What is the Exam Timetable for CMA Intermediate 2024 ?

The exam for June attempt has already started and below mentioned are the dates of ongoing and upcoming exam schedule along with the subjects for June attempt : 

• 11 Jun '24 : Business Laws and Ethics (P-05)

• 12 Jun '24 : Operations Management and Strategic Management (P-09)
  

• 13 Jun '24 : Financial Accounting (P-06)
  

• 14 Jun '24 : Corporate Accounting and Auditing (P-10)
  

• 15 Jun '24 : Direct and Indirect Taxation (P-07)
  

• 16 Jun '24 : Financial Management and Business Data Analytics (P-11)
  

• 17 Jun '24 : Cost Accounting (P-08)
  

• 18 Jun '24 : Management Accounting (P-12)
  

• 23 Aug '24 : CMA (Inter) June 2024 Result Declaration

How is the CMA Intermediate exam 2024 conducted ?

• Exam name : CMA Intermediate

• Conducting body : The Institute of Cost Accountants of India (ICMAI)

• Exam frequency : Twice (June and December term)

• Exam level : National

• Medium : English

• Exam duration : 3 hours

• Mode of application (enrolment) : Online

• Enrolment fee : INR 23,100

• Mode of exam : Offline

• CMA Inter groups : Group I and Group II

• CMA exam fee : INR 1,200 for one group and INR 2,400 for two groups

• CMA Intermediate exam date June 2024 : June 11 to June 18

• Exam purpose : Award of Inter certificate

• Number of papers in CMA Intermediate : 8 (4 papers in each Group)

• CMA Intermediate Pass Percentage (June 2023) : Group 1 : 7.54 per cent and    Group 2 : 10.34 Percent 

What is the eligibility criteria for CMA Intermediate 2024 ?

Candidates can pursue the CMA Intermediate course through two routes:

• Enrolment after clearing the CMA Foundation exam  

• Direct admission

The following candidates are eligible for the CMA Intermediate course:

Eligible candidates for the CMA Intermediate course include:

• Those who have passed a degree exam from any recognized university.

• Engineering students who have completed the 2nd year/Semester IV or are qualified engineers.

• Candidates with a Master's degree from any recognized university or any of the IIMs.

• Those who have passed an engineering degree exam from any recognized university or any of the IITs/IISc.

• Candidates who have cleared the final exam of the Institute of Chartered Accountants of India or equivalent.

• Those who have passed the final exam of the Chartered Institute of Management Accountants, London.

• Candidates who have cleared the final exam of the Institute of Company Secretaries of India.

• Those who have passed the final exam of the Association of Chartered Certified Accountants, U.K.

• Candidates who have cleared the Foundation course exam from ICMAI.

• Those who have passed the Entry Level-Part I exam of the Certificate in Accounting Technicians (CAT) course of ICMAI.

• Candidates who have cleared the Entry Level-Part I exam and Competency Level Part II exam of the CAT course of ICMAI.

• Those who have passed the Section ‘A’ and Section ‘B’ exam of the Institution of Engineers (India) or equivalent.

• Candidates who have cleared the Subordinate Accounts Service exam conducted by Central/State Government organisations.

• Those who have passed Part I and Part II of the Banking exam styled C.A.I.I.B.

• Candidates who have cleared any other exam recognized by the Council for admission as a registered student of the Institute.

• Those who have passed the Foundation course exam conducted by the Institute of Company Secretaries of India.

•  Candidates who have cleared the Intermediate exam (irrespective of the name) conducted by the Institute of Chartered Accountants of India.

What is the process for CMA Intermediate Exam 2024 ?

ICMAI provides three exam courses designed to qualify individuals as Cost and Management Accountants. These courses share the same examination process. To be eligible for the exam, candidates must first enrol in the CMA Intermediate course. Aspirants aiming to earn the CMA designation need to follow this detailed process:

• Fill out the admission form to enrol (only eligible candidates can complete the CMA Intermediate registration).

• Pay the admission/enrollment fee.

• Fill out the CMA Intermediate exam form.

• Download the CMA Intermediate admit card.

• Appear for the CMA Intermediate exams.

What is the process for CMA Intermediate Admission in 2024?

Candidates who match the eligibility requirements can apply for admission to the CMA Intermediate programme both online and offline. For offline admission, candidates must download the CMA Intermediate admission form from the official ICMAI website. After downloading, they must carefully complete the application form and attach any required documents, ensuring that all documents are properly authenticated. The completed application form and authenticated documents should be sent to the appropriate regional council office. This process guarantees that the essential information and verification are delivered, allowing eligible candidates to proceed with their admissions smoothly.

Where should candidates submit their offline CMA Intermediate admission forms?

• Western India Regional Council: Includes the states of Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Goa, and the Union Territories of Daman Diu, Dadra, and Nagar Haveli.

• Southern India Regional Council: Covers the states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Pondicherry, and the Union Territory of Lakshadweep.

• Eastern India Regional Council: Encompasses the states of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories of the Andaman and Nicobar Islands, and Foreign Countries.

• Northern India Regional Council: Includes the states of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttaranchal, and the Union Territory of Chandigarh.

How to Fill CMA Intermediate Admission Form Online?

To fill out the online admission form for the CMA Intermediate course, follow these steps:

Step 1 : Visit the Official Website : Go to icmai.in, the official website of ICMAI.

Step 2 : Navigate to the Student Section : Click on the 'Students' tab in the menu bar, then select 'Online Admission' from the sidebar.

Step 3 :  Select the CMA Intermediate Course: Click on the 'Apply for CMA Intermediate Course' button.

Step 4: Provide Details and Upload Documents: Enter all mandatory details in the form and upload the required documents. 

Step 5 : Pay the Enrollment Fees : Proceed to pay the enrollment fees through the online payment gateway.

Step 6 : Save Transaction Receipt and Enrollment ID : After successful payment, save the transaction receipt and Enrollment ID for future reference.

What is the CMA Intermediate 2024 Registration Fee ?

Candidates enrolling for the CMA Intermediate course can choose between two options for paying the admission fee: a full fee payment in a single installment or fee payment in two installments. The table below shows the CMA Intermediate admission fee

CMA Intermediate 2024 Exam form : 

After ICMAI announces the CMA Intermediate exam dates, enrolled CMA students need to fill and submit the exam form online. To begin, they should visit the ICMAI official website and navigate to the exam form section. There, they can find the link for the CMA Inter exam form and click on it. The form requires them to enter their enrollment number and other essential details accurately. They must also upload scanned copies of necessary documents such as a passport-sized photograph and signature. Additionally, students need to select their preferred exam center from the available options. After filling the form, they should proceed to make the exam fee payment online. Finally, they should review all the details and submit the form. It's crucial to complete this process within the specified deadline to avoid late fees or other issues.

• Visit the CMA student website

• Click on the 'Online Examination Form' link from the sidebar

• Select the course from the drop-down menu

• Enter the CMA registration number

• Fill in student's details and click 'Submit'

• Upload photograph and signature

• Choose the mode of fee payment

• Proceed with the payment of the CMA exam fee

What is the CMA Intermediate Exam Fee ? 

When filling the CMA exam form, candidates must indicate whether they intend to sit for one group or both groups of the course in the upcoming exam session. The CMA Inter exam fee varies depending on the groups chosen and the location of the exam centres. The fee structure is as follows : 

• One Group - Inland Centres - INR 1200

• Two Groups - Inland Centres - INR 2400

• One or Two Groups - Overseas Centres - USD 90

What is CMA Intermediate Syllabus 2024 ?

In 2022, the Institute of Cost Accountants of India (ICMAI) introduced a revised syllabus for all three levels of the Cost and Management Accountancy (CMA) program, making the previous 2016 syllabus irrelevant for future examinations. The CMA Intermediate course, a crucial stage in the CMA program, is divided into two groups. To advance to the final stage of the CMA program, candidates must successfully clear the examinations for both groups. The syllabus for the CMA Intermediate course under the new 2022 curriculum is structured as follows:

CMA Intermediate Course Group – I

• PAPER 5: Business Laws and Ethics (BLE)

• PAPER 6: Financial Accounting (FA)

• PAPER 7: Direct and Indirect Taxation (DITX)

• PAPER 8: Cost Accounting (CA)

CMA Intermediate Course Group – II

• PAPER 9: Operations Management and Strategic Management (OMSM) 

• PAPER 10: Corporate Accounting and Auditing (CAA)

• PAPER 11: Financial Management and Business Data Analytics (FMDA) 

• PAPER 12: Management Accounting (MA)

CMA Intermediate 2024 Exam Pattern : 

• CMA Intermediate Exam Mode: Offline test conducted from designated centres

• Type of Questions in CMA Intermediate: Descriptive

• Total Marks in Each Subject Paper: 100

•  CMA Intermediate Exam Duration: 180 minutes

•  Medium: Bilingual, candidates can choose between English or Hindi

When is the CMA Intermediate Results 2024

The Institute of Cost Accountants of India (ICMAI) declares the results of the CMA Intermediate examination on its official website, icmai.in. To view their results, candidates must enter their 11-digit enrolment number. The results are comprehensive and include a pass list, which features the registration numbers of candidates who have successfully cleared the examination. Additionally, ICMAI releases a press release that provides detailed information about the pass percentage of candidates in the CMA Inter exam for that specific term. This information is crucial for both the candidates and the institute, as it reflects the performance and success rate of candidates in the examination. CMA Intermediate results 2024.

Conclusion : 

“Take risk or lose the chance “

Finally, the CMA Intermediate exam is an important milestone for those pursuing a career in Cost and Management Accounting. It is intended to assess candidates' abilities in critical areas like cost accounting, strategic management, and financial decision-making. Passing this exam not only indicates skill in these areas, but it also provides opportunities for further progression in the CMA certification process. The Institute of Cost Accountants of India (ICMAI) conducts the test twice a year, and applicants must prepare thoroughly and dedicate themselves to it. Overall, the CMA Intermediate exam is an important step towards obtaining the prestigious CMA certification and establishing a successful career in the sector.

FAQs

What is the CMA Intermediate exam?

The CMA Intermediate exam is a critical step in the Cost and Management Accountancy (CMA) certification process administered by the Institute of Cost Accountants of India (ICMAI). It assesses candidates' skills in areas such as cost and management accounting, strategic management, and financial management.

How is the CMA Intermediate exam conducted?

The CMA Intermediate exam is conducted offline at designated centres. It consists of descriptive-type questions, with each subject paper carrying a total of 100 marks. The exam duration is 180 minutes, and candidates can choose to answer in either English or Hindi.

What is the eligibility criteria for CMA Intermediate 2024?

Candidates can pursue the CMA Intermediate course through two routes: by clearing the CMA Foundation exam or through direct admission. Eligible candidates include those who have passed a degree exam, completed the 2nd year/Semester IV of engineering, or possess equivalent qualifications from recognized institutions.

How can I check my CMA Intermediate exam results?

To check the CMA Intermediate results, visit the ICMAI official website and enter your 11-digit enrolment number. The results will include a pass list with registration numbers of successful candidates. ICMAI also releases a press release detailing the pass percentage for that exam term.

What is the CMA Intermediate exam fee structure?

The CMA Intermediate exam fee varies based on the number of groups and the location of the exam centres. For inland centres, the fee is INR 1200 for one group and INR 2400 for two groups. For overseas centres, the fee is USD 90 for one or two groups.

CMA Foundation June 2024 Examination

The Institute of Cost Accountants of India (ICMAI) has released the schedule for the CMA Foundation June 2024 Exam. The exams are scheduled for Sunday, June 16, 2024, in two times: 10 a.m. to 12 p.m. (IST) and 2 p.m. to 4 p.m. (IST).

Morning Time (10.00 A.M. to 12.00 Noon - IST)

• Paper 1: Fundamentals of Business Laws and Business Communication (100 Marks - 50 Multiple Choice Questions)

• Paper 2: Fundamentals of Financial and Cost Accounting (100 Marks - 50 Multiple Choice Questions)

Afternoon Time (02.00 P.M. to 04.00 P.M. - IST)

• Paper 3: Fundamentals of Business Mathematics and Statistics (100 Marks - 50 Multiple Choice Questions)

• Paper 4: Fundamentals of Business Economics and Management (100 Marks - 50 Multiple Choice Questions)]

The June 2024 Foundation Examination will be administered in an offline OMR center-based format. This type of examination provides a standardised and secure environment for all candidates.

Candidates preparing for the CMA Foundation Examination should begin their preparations early and take advantage of the study materials and resources provided by ICMAI in order to excel on the exam.

CMA Foundation Examination Fees:

• Inland Candidates: ₹1200/-

• Overseas Candidates: US $60
  

Application forms must be filled online, and fees are accepted through online mode (including Payfee Module of IDBI Bank). Overseas students must apply offline and send a DD along with the form.

Application Process:

• Candidates can apply online through the website www.icmai.in using Credit/Debit card or Net banking.

• Payment can also be made through the pay-fee module of IDBI Bank.

Important Dates:

• Last date for receipt of Examination Application Forms: 16th April, 2024 (No extension will be provided).

Examination Details:

• The Foundation Examination will be conducted in Multiple Choice Question (MCQ) mode through offline OMR based centers.

• Each paper will carry 100 marks with 50 Multiple Choice Questions (Each question will carry 2 marks), totaling 200 marks per session.

• All candidates are required to appear in the Foundation examination through offline OMR center based.

Other Information:

• Candidates completing all conditions for appearing in the examination as per Regulations will be allowed to appear for the examination.

• There is no negative marking in the exam.

• Detailed instructions will be provided along with the Admit Card.

Examination Centres:

• The examination will be held in various cities across India and Overseas Centres at Bahrain, Dubai, and Muscat.

Result Date:

• The results of the Foundation examination will be published by 11th July, 2024.

Candidates are advised to regularly check the ICMAI website for further notifications and announcements regarding the June 2024 Foundation Examination. For queries or clarifications, candidates can email exam.helpdesk@icmai.in.

Official Link: https://icmai.in/upload/Examination/June_2024_FOUNDATION%20NOTIFICATION.pdf

In conclusion, the CMA Foundation June 2024 Exam is an important step for aspiring cost and management accountants. With the release of the ICMAI exam schedule, candidates are asked to begin their preparations as soon as possible and to make use of all available resources for success. Joining iProledge can provide the best CMA Foundation classes, ensuring complete preparation and guidance for this important exam. Candidates should visit the ICMAI website on a regular basis for more information and updates, and contact the exam helpdesk with any questions.