CMA Course Details 2021
The Institute of Cost Management Accountants of India | How to Become Cost Management Accountant | ICMAI Course Complete Details | Indian CMA Course Details
These days, the CMA course is gaining popularity among commerce students, who want to pursue a career in the area of Cost and Management accounting. Students are curious about the CMA course subjects, CMA course syllabus, CMA course exam dates and CMA course career prospects. So, in this article, we are providing all the important course details for CMA exam.
Latest Update – CMA Exams being conducted Online!
Here in this article on CMA Course details, you will get to know about:-
- CMA Course Eligibility – Foundation Inter and Final
- CMA Course Subjects – Foundation Inter and Final
- CMA Course Registration Last Date – Foundation, Inter, Final
- CMA Course Fee Details – Foundation Inter Final
Over time we have seen that people tend to confuse between various terms like CMA, ICMAI, CWA, and ICWAI. So, to end your all confusion, Institute of Cost & Works Accountants of India (ICWAI) has changed its name into The Institute of Cost Management Accountants of India (ICMAI). Also, ICWA course has been renamed as CMA course. There is no difference between ICWAI and CMA, and they are the same. They are two different words used to describe one single thing. ICWAI stands for Institute of Cost and Work Accountant of India whereas CMA stands for Cost Management Accounting. Apart from the literal meaning, there is no difference at all.
There are 3 stages in the ICWA course i.e., CMA Foundation,
- CMA Foundation
- CMA Intermediate
- CMA Final
Here in this article, we will give you complete CMA course details, like all the subjects which are part of CMA syllabus for all the levels of CMA exams (CMA Foundation, CMA Inter, and CMA Final); the last date for CMA course, and the fee details for all the CMA courses.
If you want to become a Cost management accountant, complete these three stages of the CMA course. Students who have passed 10+2 are eligible for the CMA Foundation exam. The Institute of Cost Accountants of India conducts CMA Foundation exam two times in a year in the months of June and December. If you have passed the CMA Foundation exam, then you are eligible for CMA Inter. If you have any graduate degree, you are exempted from ICMAI Foundation exams. You can directly enter into CMA Inter.
CMA Course Eligibility | Foundation Inter and Final | CMA Course Details
Eligibility criteria for CMA Foundation
- A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
- Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.
Eligibility criteria for CMA Intermediate
- A candidate should have passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India.
- Graduation in any discipline other than Fine Arts.
- Foundation (Entry Level) Part I Examination of CAT of the Institute.
- Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
- Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2
Eligibility criteria for CMA Final
- A candidate should have passed Senior Secondary School Examination (10+2) and Foundation Course of the Institute of Cost Accountants of India.
- Graduation in any discipline other than Fine Arts.
- Foundation (Entry Level) Part I Examination of CAT of the Institute.
- Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
- Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2
CMA Course Subjects | Foundation Inter and Final | ICMAI 2021
In total 20 papers are in CMA Foundation, Inter, and Final exam.
CMA Foundation :
Paper 1: Fundamentals of Economics and Management
Paper 2: Fundamentals of Accounting
Paper 3: Fundamentals of Laws and Ethics
Paper 4: Fundamentals of Business Mathematics & Statistic
Also, Read- CMA Foundation Syllabus Details
CMA Inter :
Paper 5 Financial Accounting
Paper 6 Laws, Ethics and Governance
Paper 7 Direct Taxation
Paper 8 Cost accounting and financial management
Paper 9 Operation Management Information System
Paper 10 Cost and Management Accounting
Paper 11 Indirect Taxation
Paper 12 Company Accounts & Audit
Also, Read- CMA Inter Syllabus Details
CMA Final :
Paper 13- Corporate Laws and Compliance
Paper 14- Advanced Financial Management
Paper 15- Business Strategy & Strategic Cost Management
Paper 16- Tax Management and Practice
Paper 17- Strategic Performance Management
Paper 18- Corporate Financial Reporting
Paper 19- Cost and Management Audit
Paper 20- Financial Analysis & Business Valuation
Also, Read– CMA Final Syllabus Details
CMA Course Details – 2021 Registration Last Date | Foundation, Inter, Final | ICMAI 2021
The last dates for registration fall at least four months prior to the month in which examination is held.
Admission to foundation course for the ICMAI course is open throughout the year. However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year.
See below ICMAI or CMA Foundation 2021 Registration last dates.
| ICMAI or CMA Foundation Registration 2021 Last Dates | |
| For June Exam Attempt 2021 | 31 January 2021 |
| For CMA December Examination 2021 | 31st July 2021 |
Here we are also providing ICMAI Course Foundation registration last dates with examples for the benefit of students.
(a) For joining Foundation Course Provisional Admission/Registration Last Dates For CMA Foundation and Inter
As per existing provisions, a candidate can join the CMA Foundation Course and offered provisional admission to the Course while pursuing 10+2. However, the student will be eligible to appear for Foundation Course after qualifying the 10+2 Examination. So, qualifying a 10+2 examination makes the student eligible to get converted from Provisional to Regular status. The conversion is done on the basis of submission of application along with the Pass Certificate/ Mark Sheets (qualifying) for Class 10+2.
This provisional time period of his term of admission to the date of conversion to regular student status is now extended up to 36 (thirty-six) months instead of 6 (six) months.
| Provisional Admission to the | Period |
| Foundation Course | Thirty-six (36) months |
| Intermediate Course | Eighteen (18) months |
| Provisional Admission to the | Period |
(b) For joining Intermediate Course (while pursuing their Under Graduate studies)
As per existing provisions, a candidate can join CMA Intermediate Course would be offered provisional admission to the Course while pursuing their undergraduate courses/studies. The student shall be eligible to appear Intermediate Course only after qualifying Graduation Examination. So, qualifying Graduation examination makes the student eligible to get converted from Provisional to Regular status.
This provisional time period of his/her term of admission to the date of conversion to regular student status is now extended up to 18(eighteen) months instead of 6 (six) months.
However, students who would be joining Intermediate Course after qualifying CMA Foundation/CS Foundation/Intermediate by whatever name called qualified Examination of the Institute of Chartered Accountants of India shall be considered as Regular Students and shall be eligible to appear in the Intermediate Course Examination even during their pendency of undergraduate courses.
CMA Course Fee Details | Foundation Inter Final | ICMAI 2021
Read below ICMAI or CMA Foundation Inter and Final Fee Details for 2021
| ICMAI or CMA Foundation Inter and Final Fee Details 2021 | |
| Course | Fee: Either Oral or Postal |
| Foundation | 6,000 |
| Inter | 22,000 |
| Final | 25,000 |
The CMA Course has gained huge recognition in recent times. A Qualified CMA finds great career opportunities in firms like big 4, government offices, etc. Hence, one must consider pursuing CMA course.
FAQs regarding CMA Course Details 2021
A candidate should have passed class 10th and 12th from recognized boards. Those candidates who did not take class 12th can also appear for CMA Foundation exams if they’ve cleared – National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.
A candidate should have passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India.
Graduation in any discipline other than Fine Arts.
Foundation (Entry Level) Part I Examination of CAT of the Institute.
Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2
A candidate should have passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India.
Graduation in any discipline other than Fine Arts.
Foundation (Entry Level) Part I Examination of CAT of the Institute.
Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.
Passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with 10+2
Paper 1: Fundamentals of Economics and Management
Paper 2: Fundamentals of Accounting
Paper 3: Fundamentals of Laws and Ethics
Paper 4: Fundamentals of Business Mathematics & Statistic
Paper 5 Financial Accounting
Paper 6 Laws, Ethics and Governance
Paper 7 Direct Taxation
Paper 8 Cost accounting and financial management
Paper 9 Operation Management Information System
Paper 10 Cost and Management Accounting
Paper 11 Indirect Taxation
Paper 12 Company Accounts & Audit
Paper 13- Corporate Laws and Compliance
Paper 14- Advanced Financial Management
Paper 15- Business Strategy & Strategic Cost Management
Paper 16- Tax Management and Practice
Paper 17- Strategic Performance Management
Paper 18- Corporate Financial Reporting
Paper 19- Cost and Management Audit
Paper 20- Financial Analysis & Business Valuation
You can register for the exam but not take the exams. A candidate can join the CMA Foundation Course and be offered provisional admission to the Course while pursuing 10+2. However, the student will be eligible to appear for Foundation Course after qualifying the 10+2 Examination.
You can register for the exam but not take the exams. A candidate can join CMA Intermediate Course would be offered provisional admission to the Course while pursuing their undergraduate courses/studies. The student shall be eligible to appear Intermediate Course only after qualifying Graduation Examination. However, students who would be joining Intermediate Course after qualifying CMA Foundation/CS Foundation/Intermediate by whatever name called, shall be considered as Regular Students and shall be eligible to appear in the Intermediate Course Examination even during their pendency of undergraduate courses.
You can watch a few demo lectures by SuperProfs for CMA and see if you would want to consider subscribing to our video series for a better shot at clearing the CMA examination.
