Know All About CMA Final Course [2020]

Hi, Friends how are you all. Welcome to your CMA Knowledge Blog website. On this blog, we are sharing a CMA India course-related Knowledge, for the prosperity of the CMA students, and provide a practical approach towards CMA studies.

So, Friends in our today’s article, I am going to discuss the CMA Final course, and at the end of this article, you will know all about the CMA Final course details.

So in this article, we are reviewing the following Points:

1. Registration Process

2. CMA Final Fees
3. Syllabus for CMA Final Course
4. Coaching & Training
5. Standards for Passing CMA Final Exam

Let’s start points into the details.

1. Registration Process:

In the CMA course, there are three stages. 1. CMA Foundation 2. CMA Intermediate 3. CMA Final

Now we are going to know the procedure for enrollment in the CMA Final Course.

Who is eligible for the enrollment and the process of registration:

a. Only the Students who passed the intermediate Course Examination of the Institute of Cost Accountants of India are eligible for registration/admission for the CMA Final Course.

b. The student needs to be furnished a copy of the CMA intermediate exam, and Pass Marksheet with the admission form.

c. Students need to take admission at least 4 months before the next examination.

d. Last date for Admission of the CMA Final Course.

1. June term Exam 31st January 2. December term Exam 31st July

To take admission for a CMA FINAL visit the ICMAI official website.

2. CMA Final Fees

For CMA final registration/tuition fees is Rs. 25,000/- (Postal/Oral)(revised w.e.f. 11.08.2020)

CMA final examination Fees for a Single group are Rs.1,400 & for Both groups Rs.2,800/-

Exam writing script: Hindi/English:
In some of the Hindi Speaking states, the institute is allowed to answer the questions in Hindi, but all other states students are not allowed answer in Mixed of Hindi and English.

3. Syllabus for CMA Final Course

CMA Final Syllabus 2016 (in the CMA Final course, there are two Groups)

GROUP 3 III

Paper No. Subjects

13. Corporate Laws & Compliance
14. Strategic Financial Management
15. Strategic Cost Management- Decision Making
16. Direct Tax Laws and International Taxation

GROUP 4 IV

Paper No. Subjects
17. Corporate Financial reporting
18. Indirect Tax Laws & Practice
19. Cost and management audit
20. Strategic Performance Management and Business Valuation

4. Coaching & Training

By CMA two modes of coaching are provided for the students

1. Postal Coaching
2. Oral Coaching

1. Postal Coaching:

CMA Institute is offering Postal coaching for students who have lived in remote places, those students need to opt for the postal coaching at the time of Admission. Students registered and enrolled for postal Coaching with any of the regional councils, need to obtain the coaching completion certificate for the entire course. After enrollment institute is providing study material for all the subjects. Students who opt for the Postal coaching need to answer the postal test papers which are provided on the ICMAI official website.

2. Oral Coaching:

CMA Institute is also offering Oral coaching for the students, at the regional council/chapter / recognized oral coaching center or CMA support center with coaching facilities, students need to select the oral coaching method at the time of Admission. On the successful completion of the Postal/oral Coaching, the respective chapter/coaching center will be issued a Coaching completion certificate, this is required to appear in the examination.

Training:

CMA institute is giving some soft skills training to the students, A CMA students have to complete the 3 years of Practical training to become a Member of the ICMAI.

5. Standards for Passing CMA Final Exam

Standard of Pass:
Students of the Intermediate examination need to score 40% marks in Each paper and on an aggregate of 50% of the total marks.
In this std. Pass criteria many students are struggling/confuse over these criteria.
So, in simple words, the student needs to score a 50% mark in the totality & of an individual subject minimum of 40 marks are required to pass or qualify for the CMA Final course exam.

E.g. 1. Paper 1. 45 marks Paper 2. 50 marks Paper 3. 75 marks and Paper 4. 40 marks, then your total will be in aggregate 210 Marks. Then you will be declared as Pass.

2. Paper1 40marks Paper2 50marks Paper3 65marks and Paper4 40marks, then your total will be in aggregate 195 Marks. Then you will be declared as Fail.

Note: If any student is given both groups and he has totaled 240 Marks in Group 1 and Group 2 if he gets 185 marks, and all the subjects he is scoring more than 40 marks, in that case, the institute is giving/ pass on the benefit of extra marks, e.g. More than 200 and adjusted in the deficit group total, and declared that particular student pass.
If a student wants to get ranked in the CMA Final examination, then, he needs to attend both Groups 3 & 4.

So, now we have an overview of the CMA Final course, after passing the CMA final exam, students can get placement through the Institute’s campus placement,.

So, friends, If you have any queries regarding admission/ registration or course-related, please mention them in the comment box, and I will reply to all your queries.

Thanks