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
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?
What is the eligibility criteria for CMA Intermediate 2024?
How can I check my CMA Intermediate exam results?
What is the CMA Intermediate exam fee structure?
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