CMA Final: Syllabus, Eligibility, Duration, Exam Pattern, Fees, Study Material

Q: What are the Documents Required at Exam?

The Documents Required at Exam:CMA Final admit cardGovernment ID Proof such as Aadhaar card/ pan card/ voter ID card

Students will become Certified Management Accountants after completing the CMA Final exam. Students will need to complete the 10 months from a total of 3 years of CMA Articleship before sitting for the CMA Final Exam. After completing 3 years of CMA Articleship and completing the CMA Final exam, an individual is able to perform as a Certified Management Accountant in full capacity.

See also: CMA Course Details

The mode of application for the CMA Final is onl[ine and the mode of the exam are also online. The CMA Final takes place twice a year and the duration of the exam is 3 hours. CMA Final Subjects consists of 7 Papers divided into 2 groups. Students get a choice for Paper 20 which is the last exam of CMA Exam.

Table of Contents

CMA Final: Course Highlights
CMA Final Admission Process

2.1 CMA Final Eligibility

2.2 Documents Required

2.3 When to apply?

CMA Final Syllabus

3.1 Group 3

3.2 Group 4

3.3 Electives

CMA Final Exam Pattern
CMA Final Registration Fees
CMA Final Study Material
CMA Final: FAQs

CMA Final: Course Highlights

Full Exam Name	CMA Final
Conducting Body	The Institute Of Cost Accountants Of India
Frequency of Conduct	2 times a year
Exam Level	National Level Exam
Languages	English, Hindi
Mode of Application	Online
Mode of Exam	Online
Exam Duration	3 Hours

CMA Final Admission Process

Candidates wishing to attend the June session must complete the 2023 CMA Final Exam Form.

CMA Final Eligibility

The Institute of Cost Accountants of India officially prescribes the CMA Final eligibility criteria on its official website.

Candidates should check the following eligibility requirements-

Qualified CMA Intermediate exam.
Valid CMA registration number.
Completed prescribed training of the CMA Final course.
You shouldn't lose your eligibility for the CMA final exam.
Candidates who have passed the CMA Intermediate exam in the June session will not be allowed to sit for the CMA Final December session.

Documents Required

Candidate’s Passport Photo (JPG/JPEG | 200 KB)
Age proof document (PDF | 300 KB)
CMA-Inter Mark Sheet - Both Groups (PDF | 300 KB)
Specimen signature (JPG/JPEG | 100 KB)

When to apply?

The Indian Institute of Cost Accountants has extended the final date of registration for the June 2023 CMA Closing Session to February 10, 2023. Candidates eligible to take the June 2023 exam must register by the deadline for their CMA final exam in 2023.

See Also: Operations Management Courses

CMA Final Syllabus

The syllabus of CMA consists of 2 Groups. Group 1 of the CMA Final consists of 4 subjects and Group 2 consists of 3 subjects. Students will choose 20 Paper 20 from 3 subjects which are Strategic Performance Management And Business Valuation, Risk Management In Banking And Insurance, Entrepreneurship And Startup.

CMA Final Group 3 Subjects

PAPER 13: Corporate And Economic Laws (CEL)
PAPER 14: Strategic Financial Management(SFM)
PAPER 15: Direct Tax Laws And International Taxation (DIT)
PAPER 16: Strategic Cost Management (SCM)

CMA Final Group 4 Subjects

PAPER 17: Cost And Management Audit (CMAD)
PAPER 18: Corporate Financial Reporting (CFR)
PAPER 19: Indirect Tax Laws And Practice (ITLP)

CMA Final Electives Subjects

PAPER 20A: Strategic Performance Management And Business Valuation (SPMBV)
PAPER 20B: Risk Management In Banking And Insurance (RMBI)
PAPER 20C: Entrepreneurship And Startup (ENTS)

Check: Taxation Courses

CMA Final Exam Pattern

Particulars	Details
Mode of exam	Offline center based exam
Conducting body	Institute of Cost Management Accountant of India
Type of questions	Both objective and descriptive
Exam duration	3 hours
Total marks	100 marks
Number of questions	120 in each paper
Marking scheme	No negative marking
No. of groups	Two - Group III and Group IV
Frequency of exam	Twice in a year

CMA Final Registration Fees

Oral
Option I (Without installment)	INR 25,000
Option II (With Installment)	INR 15,000
Option II (With Installment)	INR 10,000
Postal
Option I (Without installment)	INR 25,000
Option II (With Installment)	INR 15,000
Option II (With Installment)	INR 10,000

CMA Final Study Material

ICMAI allows candidates to download study materials for the CMA degree from the official website. It is important that candidates review all chapters included in the study materials for the CMA final exam in order to perform well on the exam. The CMA Final 2022 material covers eight subjects, giving candidates great insight during their preparation.

Check out the step-by-step details and download the learning materials below:

Step 1- Visit the official website icmai.in
Step 2- Click on “Students’ Connect Portal”
Step 3- Go to “E-Academic Services” and find the study material section.
Step 4- Select “Final Study Material” from the list available on the left side of the page.
Step 5- Download the papers available as per your requirement as pdf and save it for further reference.

CMA Final: FAQs

Ques. What are the passing criteria for the CMA Final exam?

Ans. Candidates must score a minimum of 40% points on each paper and 50% points overall to be eligible for the final CMA exam.

Ques. What is the registration fee for the CMA Final exam?

Ans. The registration fee of CMA Final exam is INR 25,000.

Ques. What is the last date to register for the CMA Final exam 2023 (June)?

Ans. The last date to register for the June 2023 session is January 31, 2023.

Ques. What are the Documents Required at Exam?

Ans. The Documents Required at Exam:

CMA Final admit card
Government ID Proof such as Aadhaar card/ pan card/ voter ID card

Ques. What is the CMA Final Exam?

Ans. The CMA final exam is the third and final level of the CMA course. The examination is held twice a year. ICMAI administers the CMA Foundation Exam nationally in an online center-based mode.

Ques. What is the CMA Final Exam Pattern?

Ans. The CMA final exam is divided into two groups, Group III and Group IV, with four sheets in each group. Candidates must pass all eight of her papers to be eligible for the exam.

Ques. What are CMA Final Preparation tips?

Ans. Candidates preparing for the CMA final exam should refer to the official study materials and plan their preparation strategies accordingly. ICMAI provides official study materials in online mode on its official website.

Ques. How many hours should I study for the CMA final?

Ans. It is recommended that a candidate should plan for about 150-170 hours of studying per part; 300 hours of studying in total.

Ques. Can a candidate apply for Final Examination before completing Practical Training under CMA Course?

Ans. A student's 15-month internship must be completed before the date of declaration of examination results of both or the remaining group of final examinations.

Ques. Can I do Articleship after CMA final?

Ans. Yes, Articleship can be done after students have passed the CMA final examinations. Thoush, Only the 6 months of the 3 years of Articleship is required to be completed before the CMA final exams.