CMA Final
What is CMA Final?
The CMA Final is the ultimate stage in the three-level CMA course, equipping students with the strategic and analytical skills necessary for high-level roles in finance and management. This course is aimed at producing proficient cost and management accountants who are capable of enhancing business profitability and sustainability through effective financial and cost management strategies.
Eligibility Criteria
- Have passed both groups of the CMA Intermediate level.
- Have completed the required practical training as specified by ICMAI.
Registration Process
- Online Registration: Visit the official ICMAI website and create an account.
- Complete the Form: Provide the necessary details, including personal information, educational background, and contact information.
- Upload Documents: Submit documents like proof of age, educational qualifications, and a passport-sized photograph.
- Pay the Registration Fee: The registration fee for the CMA Final program is approximately ₹25,000 for both groups, subject to change.
Registration Deadlines
The CMA Final exams are held in June and December each year. Candidates must register four months prior to the intended exam month:
- For the June exam, registration typically closes by January 31.
- For the December exam, registration typically closes by July 31.
CMA Final Exam Structure
The CMA Final exam consists of eight papers divided into two groups, with each paper carrying 100 marks. Candidates must pass both groups to earn the CMA certification.
CMA Final Exam Results June 2026
Please check here CMA Final Result here! Click Now!
Exam Pattern
- Mode: Offline (Pen and Paper)
- Total Marks: 800 (100 marks per paper)
- Duration: 3 hours per paper
- Passing Criteria: Minimum 40% in each paper and 50% aggregate in each group
Group-Wise Subjects
Group 1
- Paper 13: Corporate and Economic Laws (CEL)
- Paper 14: Strategic Financial Management (SFM)
- Paper 15: Direct Tax Laws and International Taxation
- Paper 16: Strategic Cost Management (SCM)
Group 2
- Paper 17: Cost and Management Audit (CMAD)
- Paper 18: Corporate Financial Reporting (CFR)
- Paper 19: Indirect Tax Laws and Practice (ITLP)
- Paper 20:Strategic Performance Management and Business Valuation
Frequently Asked Questions (FAQs) about CMA Foundation
Yes, candidates can attempt Group 1 and Group 2 separately or together, based on their preparation level and preference.
Candidates must score at least 40% in each paper and 50% aggregate in each group to pass.
No, there is no negative marking in the CMA Final exam.
The CMA Final registration is valid for seven years, allowing candidates multiple attempts within this period.
After passing the CMA Final and completing the required practical training, you become eligible to receive the CMA certification and can join the ICAI as an Associate Member (ACMA).
Take Mock Test
Paper 13: Corporate and Economic Laws
Paper 14: Strategic Financial Management
Paper 15: Direct Tax Laws and International Taxation
Paper 16: Strategic Cost Management
Paper 17: Cost and Management Audit
Paper 18: Corporate Financial Reporting
Paper 19: Indirect Tax Laws and Practice
Paper 20A: Strategic Performance Management and Business Valuation
Paper 20B: Risk Management in Banking and Insurance
Paper 20C: Entrepreneurship and Start Up
Examination Question Papers Syllabus 2022, June 2026 Term
Final
Examination Question Papers Syllabus 2022, December 2025 Term
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Examination Question Papers Syllabus 2022, June 2025 Term
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Examination Question Papers Syllabus 2022, December 2024 Term
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Examination Question Papers Syllabus 2022, June 2024 Term
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Examination Question Papers Syllabus 2022, December 2023 Term
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Examination Question Papers Syllabus 2022, December 2019 Term
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Examination Question Papers Syllabus 2022, June 2019 Term
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Examination Question Papers Syllabus 2022, December 2018 Term
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Examination Question Papers Syllabus 2022, June 2018 Term
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Examination Question Papers Syllabus 2022, December 2017 Term
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CMA Journey
| S.No | Name | Organization | Link |
|---|---|---|---|
| 1 | CMA Ajay Deep Wadhwa | Former Chairman, EIRC of ICMAI | Watch Now! |
| 2 | CMA Pramod Agarwal | Gail India | Watch Now! |
| 3 | CMA Rajendra Rathi | Chairman, CMA Bharuch-Ankleshwar Chapter | Watch Now! |
| 4 | CMA Divya Pamnani | Manager Finance – Amazon | Watch Now! |
| 5 | CMA R C Gupta | Former Executive Director, GAIL India | Watch Now! |
| 6 | CMA Taruna Mittal | Practicing CMA | Watch Now! |
| 7 | CMA Chahat Mongia | Consultant (Costing) TPM Solicitors | Watch Now! |
| 8 | CMA Puja Mishra | Practicing CMA | Watch Now! |
| 9 | CMA Anu Munigala | Practicing CMA | Watch Now! |
| 10 | CMA Shradha Singh | Associate, INCOC | Watch Now! |
| 11 | CMA Nikhil Kumar | Practicing CMA | Watch Now! |
| 12 | CMA Anju Tyagi | Ex-Finance Consultant | Watch Now! |
| 13 | CMA A K Prasad | Retd. from Coal India | Watch Now! |
| 14 | CMA Rama Shankar Singh | Faculty, Icai-CMA, Faridabad | Watch Now! |
| 15 | CMA Anupma P. Srivastava | Associate Incoc | Watch Now! |
| 16 | CMA Sangita Duggal | EX- ONGC | Watch Now! |
| 17 | CMA Pallavi Agarwal | Practicing CMA | Watch Now! |
| 18 | CMA Om Prakash | Practicing CMA | Watch Now! |
| 19 | CMA Ritik Gupta | ONGC Videsh | Watch Now! |
| 20 | CMA Anjan Niyogi | Professor | Watch Now! |
| 21 | CMA Pradnya Chandorkar | Associate Incoc | Watch Now! |
| 22 | CMA Dattatraya Ghadge | Financial Controller | Watch Now! |
| 23 | CMA Bhavna Aggarwal | Practicing CMA | Watch Now! |
| 24 | CMA Jyotsna Rajpal | Practicing CMA | Watch Now! |
| 25 | CMA Harkesh Tara | Former Chairman NIRC of ICMAI | Watch Now! |
| 26 | CMA Ankit Singh Chauhan | NEPCCO | Watch Now! |
| 27 | CMA Shubham Agarwal | Partner in K.B. Saxena & Associates | Watch Now! |
| 28 | CMA K N Thakur | NTPC | Watch Now! |
| 29 | CMA Mahesh Kumar Mittal | Former Director Finance, NHPC | Watch Now! |
| 30 | CMA Ravi Sahni | Former Chairman, NIRC of ICMAI | Watch Now! |
| 31 | CMA Amit Jain | Practicing CMA | Watch Now! |
| 32 | CMA Yash Deep | Practicing CMA | Watch Now! |
| 33 | CMA Shashi Prakash Singh | Practicing CMA | Watch Now! |
| 34 | CMA R K Mohapatra | Practicing CMA | Watch Now! |
| 35 | CMA Rohan Sharma | Interview Coach | Watch Now! |
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