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The CMA program is comprehensive, focusing on various aspects of corporate finance and management accounting. If you want to work in the field of management accounting, taking a CMA certification course is a good place to start. Here is a detailed blog that will walk you through the key aspects of CMA eligibility and its study material that you must understand in order to ace this exam.
CMA Full form |
Cost Management Accountant |
Levels |
3 ( Foundation, Intermediate, Final ) |
Duration of the CMA course |
6 years |
Basic eligibility |
Basic qualification 10+2 |
Career as a CMA |
Financial analyst, Corporate controller, chief financial officer, etc. |
Average Salary of a CMA |
INR 10-15 lakh |
Before digging deeper into the CMA syllabus and its components, it is critical to be aware of the most recent exam notifications. The registration deadline is at least four months before the examination date. The following are the key dates for the CMA course exam:
Window of registration opens for CMA course |
Date |
Deadline |
January / February 2023 |
Jan 1st |
January 31st, 2023. |
May / June 2023 |
May 1st to June 30th |
To be announced |
September /Oct 2023 |
September 1st to Oct 31st |
To be announced |
Candidates can obtain CMA Intermediate 2022 study materials by following the steps outlined below. CMA Intermediate study material is available in pdf format.
Step 1: Go to the official website at icmai.in.
Step 2 - Go to the "Students" tab and then to the "Students Connect Portal" on the right side of the page.
Step 3 - Navigate to "Students E-Services" via the Students Connect Portal and look for "Syllabus."
Step 4: Click on it and look for all the syllabus on the left side of the page.
Step 5 - Download the study material in pdf format from the list of subjects.
To begin, there are three levels of CMA exams: Foundation, Intermediate, and Final. After passing all three levels of exams, students are awarded certification. The following paragraphs go over the structure for CMA Foundation, Inter, and Final levels in greater detail:
Eligibility for foundation:
Fees: 6000 /- can be paid before January 31st for the June attempt and July 31st for the December attempt.
The CMA foundation level consists of four papers:
Take a look at the table below for a list of CMA Foundation-level papers and their study material.
Paper 1: Fundamentals of Economics and Management |
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Paper 2: Fundamentals of Accounting |
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Paper 3: Fundamentals of laws and ethics |
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Paper 4: Fundamentals of Business Mathematics and statistics |
B)CMA Intermediate course
Eligibility for Intermediate:
FEES: 23,100/- can be paid before 31st January for the June term and before 31st July for the dec term.
The CMA Intermediate level consists of 8 papers divided into 2 groups:
let's take a look at the CMA Intermediate papers and their study material.
Group I |
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Paper 5: Business ethics and law |
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Paper 6: Financial Accounting |
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Paper 7: Direct Taxation and Indirect Taxation |
Download the study material here ( Section A- Direct Taxation ) Download the study material here ( Section B - Indirect Taxation ) |
Paper 8: Cost accounting |
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Group II |
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Paper 9: Operations management and strategic management |
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Paper 10:Corporate Accounting and auditing |
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Paper 11:Financial management and business data analytics |
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Paper 12: Management accounting |
C)CMA Final course:
The CMA Final level consists of 8 papers divided into 2 groups, let's take a look at the CMA Final papers and their study material.
Group III |
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Paper 13: Corporate and economics law |
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Paper 14:Strategic Financial Management |
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Paper 15: Direct tax and international taxation |
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Paper 16: strategic cost management |
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Group IV |
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Paper 17: cost and management audit |
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Paper 18: corporate and financial reporting |
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Paper 19: indirect tax laws and practice |
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Paper 20A: Strategic performance evaluation and business valuation ( ELECTIVE ) |
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Paper 20B: Risk management in banking & insurance ( ELECTIVE ) |
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Paper 20C: Entrepreneurship and startup ( ELECTIVE ) |
SJC has been creating a fantastic environment for our students for years now, where we assist our students in achieving their goals and remain with them until they do. Thousands of students have benefited from our tutoring and assistance in adding the prefix CMA to their names. We have study materials that are well designed with the institute study material in mind, as the institute places a lot of emphasis on its study materials, MTPs, RTPs, and past-year questions. We created our study materials with all of the above in mind. All the study material from our CMA foundation to the Final has been designed to make our students learning easy. For more information, you can check out here.
Question: How can I do well in the CMA exam?
Answer: If you follow the CMA study materials religiously and regularly practice the previous year's question papers and mock test papers, you should do well in the exam.
Question: When will I be able to obtain the ICMAI study material?
Answer: Candidates can obtain the CMA Intermediate and all other levels shortly after registering for the course. The study materials will be mailed to the registered address of the candidate
Question: How can I buy CMA Intermediate textbooks online?
Answer: You can go to the official website at icmai.in.
Question: Why should I practice mock test papers while studying for the CMA Intermediate exam?
Answer: Practicing mock test papers will give you a good understanding of the question pattern and will prepare you to deal with questions of varying difficulty.