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ICMAI has revised the fees structure of the CMA exams. The new CMA exam fees structure witnesses the fees being increased for all levels – CMA Foundation, CMA Inter and CMA Final.

The new CMA exam fees will be effective from August 11, 2020. The details of the fees for each level are given below.

CMA Foundation fees under new fees structure effective August 11, 2020

  • Under the new structure, the CMA Foundation fees has been increased to Rs. 6,000.
  • Payable on or before 31st January for June term and 31st July for December term of examinations

CMA Inter fees under new fees structure effective August 11, 2020

For paying the CMA Inter fees, students will have two options under the new scheme – single payment or in instalments.

Single payment option

  • If a student wishes to pay the fees in a single payment, they will have to pay Rs 22,000.
  • Payable on or before 31st January for June term and 31st July for December term of examinations

Instalments option

  • If a student wishes to pay the fees in instalments, they will have to pay a total of Rs 22,000 in two instalments.
    • First instalment is of Rs. 12,000 which is to be paid at the time of enrolment into Intermediate course
    • Second instalment is of Rs. 10,000 which is payable on or before 31st January for June term and 31st July for December term of examinations
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Do keep in mind the following points with regard to the instalment option:

  1. To be eligible for appearing in Intermediate examinations, the 2nd instalment amounting to Rs. 10,000/- must be paid on or before 31st January for June term and 31st July for December term of examinations.
  2. If the student fails to pay 2nd instalment within the prescribed time limit as mentioned in point no. 1, the instalment facility will be still available till next 3 Consecutive terms. The 2nd instalment is to be paid within the cut-off dates (on or before 31st January for June term and 31st July for December term of examinations).
  3. No student can appear for Intermediate examination without paying 2nd instalment.
  4. Failure to pay the 2nd instalment within the prescribed time limits as mentioned in point no. 1 & 2, will lead to forfeiture of the amount already paid as 1st Instalment, except Registration Fees which will be valid for 7 years from the date of Registration.
  5. After paying 1st instalment student will get study materials of both groups and can opt for oral/postal coaching of either Group (Group I/II) as per the choice of the student.
  6. After paying 2nd Instalment student will be eligible to opt for oral/postal coaching of other group and computer and other training as applicable.

CMA Final fees under new fees structure effective August 11, 2020

  • Under the new structure, the CMA Final fees has been increased to Rs. 25,000.
  • Payable on or before 31st January for June term and 31st July for December term of examinations

ICMAI official notification

The official ICMAI notification is available here.

FAQs regarding CMA exam fees

What is the eligibility criteria for CMA Foundation?

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.

What is the eligibility criteria for CMA Inter?

> 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

What is the 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

What is the syllabus of 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

What is the syllabus of CMA Inter?
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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

What is the syllabus of 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

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Also Read:

How To Clear The CMA Exam In The First Attempt

How To Prepare For Fundamentals Of Accounting | CMA Foundation Subject-Wise Tips

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