CMA

CMA Foundation Course 2022: Syllabus, Registration & Fees

CMA Foundation Course

CMA Foundation Course is the first stage of Certified Management Accounting. It is just like an entrance exam for CMA Course. CMA is the national-level Exam conducted by The Institute of Cost and Management Accountants of India. Further, the CMA Foundation Exam is conducted twice in June and December.

The Examination is conducted in online mode. Any student who wants to appear in the CMA Foundation Exam then must pass the Class 12th Examination from a recognized Board and can register for the Course. However, to complete this registration process, the students must have to pay the registration fees of Rs.6000. The CMA Foundation Syllabus is categorized into 4 Subjects:

  • Fundamentals of Accounting and Management
  • Accounting
  • Fundamentals of Law and Ethics
  • Fundamentals of Business Mathematics and Statistics

Moreover, In this article, we will see all the essential details related to CMA Foundation Course.

Also, Check the complete CA Course Guide

CMA Foundation Course 2022: Important Dates

Before applying for the Exams, the candidates need to know about the important dates of the CMA Foundation Exam.

EventsDates
CMA Foundation RegistrationOpen
Last date to fill out the Application form31 July 2022
Availability of the Exam formTBA
Release of Admit CardDec 2022
CMA Foundation Exam datesDec 2022

However, registration for the CMA Foundation is always open. If you want to register for the Dec 2022 Exam, you must Apply before 31 July, and for the June attempt, you must apply before 31 January.

CMA Foundation Eligibility

Before Filling up the form, the students need to know the Course’s eligibility criteria. This is because in the case before registering for the Course, if you do not fulfil any of the requirements, then you will not be able to register for the Course. Further, the eligibility Criteria are mentioned by the ICMAI.

  • Firstly, the candidate must have passed the Class 10th Examination from the recognized board.
  • Next, the candidates must have passed the class 12th Examination from a recognized board.
  • The students must have passed the National Diploma in commerce exams under AICTE or any other recognized body under the All India Council.
  • The Candidates waiting for the results of the Class 12th Examination are also eligible for provisional registration for the CMA Foundation Course.

CMA Foundation Registration 2022

The candidates who wish to appear in the CMA Foundation and Fulfill the eligibility criteria can now register themselves. To register for the CMA Foundation, the students must visit the ICMAI official website. Moreover, follow the steps below to register with ICMAI.

  • Firstly, open the official website of ICMAI and click on CMA Foundation Registration.
  • Now, enter the required details asked and click on save and continue.
  • Afterwards, upload all the necessary documents required.
  • Next, make the payment for the Course through any of the online methods.
  • Now, get the printout of the registration form.

Further, the registration fee for the CMA Foundation course is Rs. 6000.

Documents required for CMA Foundation Registration

  • A Passport Sized Photo
  • Class 10th Marksheet
  • Class 12th Marksheet
  • Special certificates (If any)
  • Signature of the Candidate

CMA Foundation Exam form

The conducting council posts the online application for the ICMAI CMA Foundation on the website. Candidates must continuously check the deadline for admission and make every effort to submit their forms on time. The key actions one needs to take when completing the CMA Foundation Course forms are,

  • Firstly, open the ICMAI official website, icmai.in and click on the student’s tab from the menu bar.
  • Click on the admission link in the menu bar and select the online admission option on the left side of the page.
  • Now, Click on apply “CMA Foundation Course”. Registration is open so you will be directed to the new page.
  • Now enter all the required information asked.
  • Afterwards, once you enter all the data necessary, you’ll get a one-time password for your registration number.
  • You must log in using the login credentials and complete your CMA Foundation exam application form in June 2022.
  • Afterwards, upload all the required documents on the ICMAI Portal and pay the application form fee.

CMA Foundation Fees

The Examination fee for the CMA Foundation course is INR 1200 for Indian Students and US$60 for overseas centres. Also, the candidates must pay the examination fees through online modes, such as debit, credit, net banking etc.

Exam Pattern of CMA Foundation 2022

Before starting the preparation for the CMA Foundation exams, the candidates must be aware of the Exam pattern of the CMA Foundation course released by the ICMAI. Also, in the table below, we have covered the CMA Foundation Exam pattern with marks weightage.

Paper 1: Fundamentals of Business Law and Business Communication

Module No.Module DescriptionWeight
Section A:Fundamentals of Business Laws80%
1.Introduction10%
2.Indian Contracts Act, 187230%
3.Sale of Goods Act, 193020%
4.Negotiable Instruments Act,188120%
Section B:Business Communication20%
5.Business Communication20%

Paper 2: Fundamentals of Financial and Cost Accounting

Module No.Module DescriptionWeight
Section A:Fundamentals of Financial Accounting70%
1.Accounting Fundamentals30%
2.Accounting for Special Transactions15%
3.Preparation of Final Accounts25%
Section B:Fundamentals of Cost Accounting30%
4.Fundamentals of Cost Accounting30%

Paper 3: Fundamentals of Business Mathematics and Statistics

Module No.Module DescriptionWeight
Section A:Fundamentals of Business Mathematics40%
Arithmetic15%
Algebra20%
Calculus – Application in Business5%
Section B:Fundamentals of Business Statistics60%
Statistical Representation of Data5%
Measures of Central Tendency and Dispersion15%
Correlation and Regression15%
Probability15%
Index Numbers and Time Series10%

Paper 4: Fundamentals of Business Economics and Management

Module No.Module DescriptionWeight
Section A:Fundamentals of Business Economics70%
1.Basic Concepts15%
2.Forms of Market20%
3.Money and Banking20%
4.Economic and Business Environment15%
Section B:Fundamentals of Management30%
5.Fundamentals of Management30%

CMA Foundation Syllabus and Subjects

The CMA Foundation syllabus consists of 4 Subjects. The list f the subjects and the topics included are mentioned below:

PaperSyllabus
Paper 1: Fundamentals of Economics and ManagementSection A: Fundamentals of Economics
Section B: Fundamentals of Management
Paper 2: Fundamentals of AccountingSection A: Fundamentals of Financial Accounting
Section B: Fundamentals of Cost Accounting
Paper 3: Fundamentals of Laws and EthicsSection A: Fundamentals of Commercial Laws
Section B: Fundamentals of Ethics
Paper 4: Fundamentals of Business Mathematics and StatisticsSection A: Fundamentals of Business Mathematics
Section B: Fundamentals of Business Statistics

CMA Foundation Exam Admit Card

Students must visit the ICMAI website to obtain their CMA Foundation admit card for 2022. The students must click on the admit card after entering the portal, enter the Exam they are taking, and then download the admit card from that page. Along with it, there are several crucial considerations to keep in mind when downloading an admission card, including:

  • Firstly, to download the admit card online, go to the ICMAI Portal.
  • You will see an option over their Download admit card; click on that.
  • Now, you need to enter your registration number.
  • Your admit card is now on your screen.
  • Download the pdf of the admit card and take a printout.

CMA Foundation Result

The list of candidates who passed the CMA Foundation exam is made public by the ICMAI Council. After ICMAI has released the CMA Foundation results, candidates can check them by paying attention to the abovementioned points.

  • The report card is available for download by students on the official website.
  • ICMAI will not mail any student’s report card in hard copy.
  • The mark sheet you download from ICMAI will be considered the official document when you register for CMA Intermediate.
  • The ICMAI will issue the students who completed the CMA Foundation course a pass certificate/Rank certificate.

The procedure is now as follows to verify the ICMAI results:

  • Visit ICMAI’s official website.
  • Select the exam section by clicking.
  • From the dropdown menu, select the “result” tab.
  • Choosing the Exam you took is the next step.
  • View the outcome by entering your identification number.
  • You can now review the outcome and save it for later use.

Frequently Asked Question

Q1. What is CMA Foundation Course?

Ans: CMA Foundation is the entry-level Course offered by the institute of cost and management accounting of India.

Q2. What are the subjects in CMA Foundation Course?

Ans: There are 4 papers in the CMA Foundation course:

  1. Fundamentals of Accounting and Management
  2. Fundamentals of Accounting
  3. Fundamentals of Law and Ethics
  4. Fundamentals of Business Mathematics and Statistics

Q3. Is CMA Foundation Easy?

Ans: CMA Foundation is a difficult level exam. So, if you work hard, you can clear the Exam on the first attempt.

Q4. What is the duration of the CMA Foundation Course?

Ans: The duration of the CMA Foundation Course is 4 Months, and there are a minimum of 240 lecture hours for the CMA Foundation tutorial.

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