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ICMAI CMA Final Course 2023 Details – Syllabus, Fees, Duration (Complete Guide)

cma final course

The final phase of the CMA Course (Cost and Management Accounting) is the ICMAI CMA Final course. The Institute of Cost and Management Accounts of India (ICMAI), its parent organization, organizes it. Eight subjects are included in the CMA Final syllabus, and they are split into two categories. The syllabus is available to students on the ICMAI website.

Anyone who has completed the CMA Intermediate Course is entitled to enroll in the CMA Final course. Before January 31, 2023, you can register for the CMA Final examinations in June 2023 on the ICMAI website. Students have enough time to study for the tests after registering. You need to put in a lot of study time if you want a solid CMA Final score and to pass the test the first time.

We’ve provided a thorough guide with all the important details about the CMA Final course in order to make the students’ research here easier. For the ICMAI CMA Final exam 2023, it contains important dates, eligibility requirements, registration forms and costs, admission cards, syllabuses, study guides, results, etc.

Students can enroll in the CMA Final coaching at Vihaan Education if they desire to pass this test on their first try with a rank. Here, you can expect high-quality instruction from qualified instructors, prompt completion of the curriculum, regular practice exams, and individualized support for each student.

CMA Final Course: Imp Dates

The candidates need to be aware of the crucial dates for the CMA Final course as soon as possible. You should be aware of the dates for registration, the release of the admission card, and the announcement of the results in addition to the CMA Final test dates. Let’s examine the important dates that ICMAI has announced thus far for the CMA Final Course in June 2023.

  S. No. Events Dates
1. CMA Final Registration Form June 2023 Last Date Jan 31, 2023
2. Release of Admit card for CMA Final 2023 June 2023
3. CMA Final Exam Dates June 2023
4. CMA Final Result Date August 2023
5. Verification of Answer Sheet of CMA Final 2023 TBA

CMA Final Eligibility Criteria 2023

Students must check and meet all eligibility requirements before registering for the CMA Final course, according to ICMAI. You can also see if the eligibility requirements have undergone any recent changes. The following CMA Final eligibility requirements are provided by ICMAI for the CMA Final 2023.

  • Candidates must have passed the ICMAI-conducted CMA Intermediate test.
  • A current CMA registration number is required for the candidates.
  • It is required that students have finished the required training or articleship.
  • In no way may the candidate be prevented from participating in the CMA Final Course.

ICMAI CMA Final Registration 2023

The registration process for students taking the ICMAI CMA Final 2023 Exam consists of two parts. It involves signing up and then completing the form. Let’s check over your plan for finishing the procedure.

Registration Process:

Step1: Visit icmai.in, ICMAI’s official website, to register for the CMA Final course.

Step2: From the menu on the left, select “Online admission”. Go to “CMA Final Course” from there.

Step3: At this point, provide your email address, the type of coaching, and all other necessary information. Click “Send OTP” after that.

Step4: Following this, you will receive the OTP for login credentials registration. You will see the CA Final application form, where you must fill out the necessary information.

Step5: After that, upload the necessary files.

Step6: The last action is to make the necessary CMA Final registration payments.

This concludes the entire CMA Final course registration procedure. You will receive a welcome email once you have successfully submitted the registration money and required documentation. The registration number will also be given to you after the documents have been verified.

ICMAI CMA Final Registration Fees 2023

The registration costs for the CMA Final test in 2023 are as follows. Aside from the application form charge, double-check that this is the registration fee.

Oral Postal
Option I (Without instalment) Option II (With Instalment) Option I (Without instalment) Option II (With Instalment)
Rs. 25000 Rs. 15000

Rs. 10000

Rs. 25000 Rs. 15000

Rs. 10000

Syllabus of CMA Final Course 2023

There are two groups of four papers each throughout the complete CMA Final course. You have the option of simultaneously appearing in both groups or just one. You will study the following topics in the CMA Final course:

Group I

  • Corporate Laws & Compliance
  • Strategic Financial Management
  • Strategic Cost Management – Decision Making
  • Direct Tax Laws and International Taxation

Group II

  • Corporate Financial Reporting
  • Indirect Tax Laws and Practice
  • Cost and Management Audit
  • Strategic Performance Management and Business Valuation

CMA Final Syllabus with Section-wise weightage and Marks Distribution

CMA Final Subjects Sectional weightage
CMA Final Group III
Corporate Laws & Compliance (P-13) Section A: Companies Act 60%
  Section B: Other Corporate Laws 25%
  Section C: Corporate Governance 15%
Strategic Financial Management (P-14) Section A: Investment Decisions 25 %
  Section B: Financial Markets and Institutions 20%
  Section C: Security Analysis and Portfolio Management 25%
  Section D: Financial Risk Management 30%
Strategic Cost Management – Decision Making (P-15) Section A: Cost Management (20%)
  Section B: Strategic Cost Management Tools (50%)
  Section C: Strategic Cost Management: Its applications(30%)
Direct Tax Laws and International Taxation (P-16) Section A: Advanced Direct Tax Laws 50%
  Section B: International Taxation 30%
  Section C: Case Study Analysis 20%
CMA Final Group- IV  
Corporate Financial Reporting (P-17) Section A: GAAP and Accounting Standards 20 %
  Section B: Accounting of Business Combinations and their Restructuring (20%)
  Section C: Consolidated Financial Statements 20%
  Section D: Developments in Financial Reporting 25%
  Section E: Government Accounting in India 15%
Indirect Tax Laws & Practice (P-18) Section A: Advanced Indirect Tax as well as Practice 80%
  Section B: Tax Practice and Procedures 20%
Cost & Management Audit (P-19)  
  Section A: Cost Audit 35%
  Section B: Management Audit 15%
  Section C: Internal Audit, Operational Audit and the related issues 25%
   
Strategic Performance Management and Business Valuation (P-20) Section A: Strategic Performance Management 50%
  Section B: Business Valuation 50%

ICMAI CMA Final Study Material & Coaching Classes 2023

You can receive ICMAI Final Coaching in two different ways: orally and via mail. Let’s examine these two modes.

Oral Mode: Once the student has their registration number, they should get in touch with their regional council for any materials, such as study guides and coaching sessions.

Postal: After receiving your registration number, you will receive your study materials for the CMA Final course via mail.

ICMAI CMA Final Exam Form 2023

ICMAI makes the application form available online following the deadlines for the CMA Final course of one session. Make sure to submit the exam form by the deadline since you won’t be able to register for the exam if you don’t submit the CMA Final exam application form. It is entirely up to you whether you appear in one group or both groups. Additionally, you must provide this in the application form. You must also fill out the state’s preferred testing locations.

Process to submit the CMA Final Exam Application Form

  • To fill out the application, go to the ICMAI page at the following address: https://examicmai.in/emsweb/m_courseexam.aspx.
  • Now, input the CMA registration number you currently have and click the “Click Here” button.
  • Then, provide the necessary information before clicking “Submit”.
  • You must now upload your photo and signature in the following file types :.jpg ,.jpeg, and.bmp. Make sure the file is under 40 kb as well.
  • The CMA Final exam fees must be paid as the last step.

CMA Final Exam Form Fees

CMA Final Group Fees
III or IV 1,400
Both III or IV 2,800

ICMAI CMA Final Admit Card 2023

Two weeks before the start of the exams, the admit cards for the CMA Final exam 2023 will be released. The student must download their admit card and bring it with them to the test room to enter the gallery; otherwise, they will not be permitted.

Download ICMAI CMA Final Admit Card 2023

  • Check out the ICMAI webpage.
  • Activate the inspection window.
  • Choose “Admit Card” from the drop-down menu.
  • Select the CMA Final Exam link.
  • Enter your information now to obtain and print your CMA Final admission card.

As you download the admit card, you must now confirm the information on it, including:

  • The candidate’s name
  • the signature and the picture
  • No. of rolls
  • Exam dates, times, and testing locations
  • examination guidelines

CMA Final Exam Pattern

Students should review the exam format before beginning their CMA Final exam preparation so they can develop an effective exam strategy. You may see the CMA Final course test schedule, syllabus, and weighting for each paper here.

Particulars Details
Marks carried by each subject 100 marks
Duration of each paper 3 hours
Medium of Exam English

Exam Modes: Three exam modes—home-based online, opt-out from the exam, and centre-based online—are recommended for the COVID-19 in order to protect the safety of the students.

ICMAI CMA Final Result 2023

ICMAI’s official website will publish the announcement for the CMA outcome in 2023. Students must receive a minimum of 50% overall and 40% in each topic to pass the exam. View the detailed procedure for obtaining your CMA Final result.

  • Visit ICMAI’s official website.
  • To begin, select the Examination tab.
  • Go to the menu and choose the resulting choice.
  • After that, click CMA Final Result.
  • Type in your ID number and select “view the result.”
  • The outcome will now be displayed on the screen.

CMA Final Preparation Tips 2023

Examining the syllabus and the exam format should be a candidate’s very first priority when applying for the CMA Final course. This will provide you with some fantastic ideas for creating an efficient exam preparation plan. Students must consult the CMA Final study materials provided by ICMAI in order to prepare.

The first tactic is to stick with the prescribed readings. Practicing as many questions as you can from CMA Final mock test papers, past year papers, modules, question banks, etc., is the next most crucial step. Before the exam, students must take a practice examination, either online or in person, to familiarize themselves with it.

To achieve the best results and pass the exam with a single-digit rank, enroll in the CMA Final course right away.

Frequently Asked Questions

 The CMA Final Exam is only open to applicants who have passed the ICAMI CMA Intermediate paper and meet the relevant requirements.

Go to the CMA final 2021 exam level on the ICMAI website. The materials for all the papers can be downloaded here if you choose the CMA Final Study Material option.

In general, it has been observed that pupils find the second group to be easier than the first.

In the CMA Final Exam 2023, there is no direct entry.

The ICMAI CMA Final test registration deadline for the June session is January 31, 2023.

The CMA Final papers contain questions of both the objective and subjective variety.

What After CMA Final Course?

After successfully completing the CMA Final course, a myriad of doors open up for you, allowing you to continue along a variety of career pathways. This is due to the strong demand for CMAs in all businesses due to their expertise in finance and accounting. This information is essential to the business’s expansion and success. Therefore, the CMAs’ main career options are as follows:

  • Multinational Companies
  • Financial Consulting
  • Financial Services
  • US Based firms and organisations

In addition to the positions mentioned above, one can pursue a career as an independent financial consultant or advisor for any size company, depending on their interests. The following are some of the key industries where CMAs are in demand:

  • Financial Accounting
  • Financial Risk Management
  • Management Consulting & Performance Management
  • Financial Analysis
  • Venture Capital
  • Financial Planning
  • Internal Auditing
  • Corporate Finance
  • Corporate Governance
  • Information Technology
  • Management and Cost Accounting

After passing the CMA Final course, CMAs may potentially seek higher education. Therefore, a CPA is an option for someone who can continue to add abilities to their profile. Following CPA, the profile of CMA will include understanding of Attestation, Taxation, Auditing, and Financial Accounting and Reporting.

In a similar vein, the CMA may choose from a variety of additional educational specialisations or positions in the first, if they so choose. This demonstrates that a CMA has a tonne of additional opportunities.