CMA Course Fees: Foundation, Intermediate, Final, Scholarship

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Sounak Banerjee

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The CMA course can be divided into 3 Exams which are CMA Foundation, CMA Intermediate and CMA Final. Each of the CMA levels has its own Registration and Application Fees. CMA Intermediate and CMA Final have 2 groups and thus students will have to pay for 2 groups separately. 

The course fee for CMA Final Level Students with Graduation is INR 4,500. The course fee for Qualified CMAs is INR 5400 and the CMA course fee for Other Professionals or Post Graduates is INR 6,000. 

See Also: CMA Course Details

Total CMA Course Fees is INR 53,000. The Registration Fee for CMA Foundation is INR 6,000, the registration fee for CMA Intermediate is INR 22,000 and the registration fee for CMA Final is INR 25,000. 

CMA Course Fees Highlights

Particulars Details
Cost of prospectus INR 250
CMA Course Fee CMA Foundation course fee: INR 6,000
CMA Intermediate course fee: INR 23,100 or INR 12,000 at the time of registration and remaining to be paid before January 31st and July 31st for June and December term examination.
CMA Final course fee: INR 25,000 or INR 15,000 at the time of registration and remaining to be paid before January 31st and July 31st for June and December term examination.

CMA Foundation Fees

The Fees for CMA Foundation can be mainly divided into 2 types. The Registration Fees and Application Fees of CMA Foundation are mentioned below

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CMA Foundation: Registration Fees

Particulars Fees (INR)
Foundation INR 6.000

CMA Foundation: Application Fees

Particulars Fees (INR)
Application Fees (India) INR 1.200

CMA Intermediate Fees

The Fees for CMA Intermediate can be mainly divided into 2 types. The Registration Fees and Application Fees of CMA Intermediate are mentioned below

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CMA Intermediate: Registration Fees

Particulars Fees (INR)
Intermediate INR 22,000

CMA Intermediate: Application Fees

Particulars Fees (INR)
Intermediate Course (Single group) INR 1,200
Intermediate Course (Both Groups) INR 2,400

CMA Final Fees

The Fees for CMA Final can be mainly divided into 2 types. The Registration Fees and Application Fees of CMA Final are mentioned below: 

See Also: Financial Accounting Courses

CMA Final: Registration Fees

Particulars Fees (INR)
Final INR 25,000

CMA Final: Application Fees

Particulars Fees (INR)
Final Course (Single Group) INR 1400
Final Course (Both Groups) INR 2800

CMA Scholarship

IMA provides scholarships to potential applicants, the CMA is considered one of the top courses in the field of management accounts. Many students from all over the world are enrolled. Approximately 9,200 students have earned this credential and over 1,000 institutions are enrolled in it. The total amount of scholarships awarded to date exceeds approximately 14 million US Dollar.

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CMA Course Fees: FAQs

Ques. How many times CMA exam conducted in a year?

Ans. CMA exams are held twice a year, in June and December. Additionally, students must achieve a minimum of 40% in each subject and a minimum of 50% overall to pass the CMA exam.

Ques. How to Check ICMAI CMA Results?

Ans. Students will receive their results 40 days or 6 weeks after completing the test. Results will be published on the ICMAI website. Additionally, a score of at least 360 out of 500 is required to pass the CMA exam.

Ques. What are the Career Options After CMA?

Ans. The Career Options After CMA:

  • Financial Manager
  • Financial Analyst
  • Chief Financial Officer
  • Financial Controller
  • Corporate Controller

Ques. What are the benefits of doing CMA course?

Ans. The benefits of doing CMA course:

  • Growth Potential
  • Better Salary
  • Global Opportunities
  • CMAs are high in Demand.
  • Business Appeal

Ques. What is the difference between CMA and CA?

Ans. CA and CMA are attractive courses with place and value in the corporate world. However, both courses are considered the most difficult.

Ques. What is CMA Salary in India?

Ans. The average salary of a CMA is INR 7-10 Lakhs; it increases as per experience and skills.

Ques. What skills are required to be CMA?

Ans. Effective time management, an organized routine, and a step-by-step CMA exam preparation course are needed to pass the exam without sacrificing your work. 

Ques. Does CMA have value in India?

Ans. CMA courses offer excellent career opportunities in various reputable organisations, private and public institutions in India and abroad. 

Ques. What is the main purpose of CMA?

Ans. CMA stands for Certified Management Accountant. The CMA specializes in management accounting, strategic management, and business decision making. CMA certification requirements include obtaining a bachelor's degree, two years of relevant work experience, and passing CMA exam.

Ques. How long are CMA registration fees valid?

Ans. A registration period is valid for seven years from the date of registration.

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