Are you looking for how to become CMA (Cost and Management Accountant)? Right, here you can get complete CMA Course details like CMA Syllabus, Admission, ICWAI CMA Fee Exam Dates and more. So read the article completely to get full knowledge and browse this website for more information.
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Previously The Institute of Cost Accountants of India (ICAI) called as the Institute of Cost and Work Accountants of India (ICWAI) is a foremost statutory professional accountancy body in India. The main objects of ICAI is promoting, regulating and developing the profession of Cost Accountancy. Also, ICWA course has turned into CMA course. There are different stages of Cost and Management Accountancy (CMA):
Entry level: Foundation course
First stage: Intermediate
Final stage: Final
You can take register yourself directly to CMA Foundation or CMA Intermediate level depending on your eligibility.
Foundation Course Structure
The ICWAI Foundation Examination consists of only theoretical examinations. There are 6 subjects to be considered prepared into 4 papers of 100 marks each. To pass a student has to obtain a minimum of 40% in each paper and an aggregate of 50% in all the papers together. A student has to get through Foundation Course to be eligible to go to the next level i.e. INTERMEDIATE.
Eligibility
A candidate may appear for the CMA Foundation examination after passing the 10+2/plus two (twelfth standard) examinations.
Passed 10+2 from 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
Required Documents:
- 10+2 Pass Certificate & Mark sheet.
- 3 Passport Size Photos.
- The certificate and photographs will be attested on the production of originals at the time of Admission.
Admission Fees:
Coaching fees including Registration fees with Cost of Study Materials – Rs 4,000/-
ICWAI CMA Foundation Syllabus & Exam Pattern
Read below ICWAI Syllabus for CMA Foundation Exam.
- Paper 1: Fundamentals of Economics & Management
- Paper 2: Fundamentals of Accounting
- Paper 3: Fundamentals of Laws & Ethics
- Paper 4: Fundamentals of Business Mathematics & Statistics
- Foundation Course Examination: Online MCQ Mode.
- Foundation Examinations – 4 times in a year in every 3 months.
Study Weightage
| ICWAI Foundation Syllabus 2016 | |
| Paper 1: Fundamentals of Economics and Management (FEM) | |
| Fundamentals of Economics | 50% |
| Fundamentals of Management | 50% |
| Paper 2: Fundamentals of Accounting (FOA) | |
| Fundamentals of Financial Accounting | 60% |
| Fundamentals of Cost & Management Accounting | 40% |
| Paper 3: Fundamentals of Laws and Ethics (FLE) | |
| Fundamentals of Commercial and Industrial Laws | 80% |
| Fundamentals of Ethics | 20% |
| Paper 4: Fundamentals of Business Mathematics and Statistics(FBMS) | |
| Fundamentals of Business Mathematics | 40% |
| Fundamentals of Business Statistics | 60% |
CMA Foundation Dec Examination Schedule:
Last Date to apply for Foundation Examination without late fee: Soon Updated
Last Date to apply for Foundation Examination with late fee: Soon Updated
Availability of CMA Foundation Admit Card for Dec Exam: Soon Updated
Date of Exam: Soon Updated
Declaration of Result: Soon Updated
Note: Registration for the ICAI course is open throughout the year But, Students eager to appear
For June Term Exam should apply before 31st January of that year &
For December Term Exam should apply before 31st July of that year.
Important Dates:
| ICWAI or CMA Foundation Registration Last Dates For June Examination of the same calendar year | 31st January |
| For December Examination of the same year | 31st July |
ICWAI or CMA Foundation Registration Last Dates
| For June 2016 Examination | 31st January 2016 |
| For December 2016 Examination | 31st July 2016 |