CMA Foundation
What is CMA Foundation ?
The CMA Foundation is the initial stage of the three-tiered Cost and Management Accountancy certification path offered by the ICMAI. This program is aimed at equipping students with a solid understanding of basic accounting, economics, and management principles, which serve as the groundwork for advanced CMA studies in the subsequent stages.
Eligibility Criteria
- A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
- Be at least 17 years old at the time of registration.
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 fee for the CMA Foundation course is approximately ₹6,000 (subject to change), which covers the study material and examination fees.
Registration Deadlines
The CMA Foundation exams are held in June and December each year.
- For the June exam, registration typically closes by January 31.
- For the December exam, registration typically closes by July 31.
CMA Foundation Exam Structure
The CMA Foundation exam is a written, offline examination consisting of four papers, each carrying 100 marks. Candidates need a minimum of 40% in each paper and an aggregate of 50% across all papers to pass
Exam Pattern
- Mode: Offline (Pen and Paper)
- Total Marks: 400 (100 marks per paper)
- Duration: 3 hours per paper
- Passing Criteria: Minimum 40% in each subject and 50% aggregate
Exam Subjects
- Paper 1: FUNDAMENTALS OF BUSINESS LAWS AND BUSINESS COMMUNICATION (FBLC)
- Paper 2: FUNDAMENTALS OF FINANCIAL AND COST ACCOUNTING (FFCA)
- Paper 3:FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS (FBMS)
- Paper 4:FUNDAMENTALS OF BUSINESS ECONOMICS AND MANAGEMENT (FBEM)
Frequently Asked Questions (FAQs) about CMA Foundation
No, the CMA Foundation exam does not have negative marking.
The registration for the CMA Foundation is valid for four years, during which candidates can attempt the exam multiple times if needed.
Yes, candidates who do not pass can reappear for the CMA Foundation exam in subsequent sessions within the validity period of four years.
The results for the CMA Foundation are typically declared around six weeks after the exam date.
After passing the CMA Foundation, you can register for the CMA Intermediate level, which is the next stage in the CMA certification process.
Take Mock Test
Paper 1: Fundamentals of Business Laws and Business Communications
Paper 2: Fundamentals of Financial and Cost Accounting
Paper 3: Fundamentals of Business Mathematics and Statistics
Paper 4: Fundamentals of Business Economics and Management
Examination Question Papers Syllabus 2022, June 2026 Term
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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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