ICMAI CMA Exam Pattern 2021 | Know The Details

ICMAI CMA Exam Pattern

ICMAI CMA Exam Pattern 2021: The CMA exam pattern has been released for the foundation, intermediate, and final course examinations. This year, the Foundation exams will be remote proctored, while the intermediate and final course exams will be online tests from centres. The CMA exams for the June 2021 terms had been rescheduled.

The CMA Foundation exam was held on September 5, while the intermediate and final exams for the June and December sessions were combined and will be held from December 8 to December 15. The CMA Foundation for December 2021 terms will be held on January 2, 2022.  Read more to know about ICMAI CMA Exam Pattern 2021.

ICMAI CMA Exam Pattern 2021: Intermediate and Final Courses

The table below mentions the CMA 2021 exam pattern for intermediate and final courses:

Exam Mode

Computer Based Test from centre

Exam Type

Descriptive mode only

Marks per Paper

Each paper carries 100 marks

Test Duration

Each paper is of three hours duration

ICMAI CMA Exam Pattern 2021: Foundation Course

The table below mentions the CMA 2021 exam pattern for foundation courses:

Exam Mode

Remote proctored test from home

Exam Type

Objective only

Marks per Paper

Each paper carries 100 marks

Test Duration

Each paper is of two hours duration

There are four papers based on accounts in the CMA foundation course as under: 

Name of the Paper

Marks

Paper 1: Fundamentals of Economics and Management

100 marks

Paper 2: Fundamentals of Accounting 

100 marks

Paper 3: Fundamentals of Law and Ethics

100 marks

Paper 4: Fundamentals of Business Mathematics and Statistics

100 marks

ICMAI CMA Exam Pattern 2021: Intermediate Course Papers

The course consists of two groups (Group 1 and Group 2) inclusive of 4 papers each (Papers 5-8) and (Papers 9-12)

Group I

Group II

Paper 5: Financial Accounting 

Paper 9: Operations Management and Strategic Management

Paper 6: Law and Ethics

Paper 10: Cost & Management Accounting and Financial Management

Paper 7: Direct Taxation

Paper 11: Indirect Taxation

Paper 8: Cost Accounting

Paper 12: Company Accounts and Audit

ICMAI CMA Exam Pattern 2021: Final Course Papers

CMA Final Course will consist of two groups (Group 3 and Group 4) inclusive of 4 papers each (Papers 13-16) and (Papers 17-20)

Group III

Group IV

Paper 13: Corporate Laws & Compliance

Paper 17: Corporate Financial Reporting 

Paper 14: Strategic Financial Management

Paper 18: Indirect Tax Laws & Practice

Paper 15: Strategic Cost Management – Decision Making

Paper 19: Cost & Management Audit

Paper 16: Direct Tax Laws and International Taxation

Paper 20: Strategic Performance Management & Business Evaluation 

ICMAI CMA Exam Pattern 2021: Sectional Weightage for Foundation Course

Each paper of CMA courses will have weightage from the syllabus as under: 

Foundation Course Paper 1: Fundamentals of Economics and Management

Sections

Topics

Weightage

Section A – Fundamentals of Economics

Basic concepts of Economics

20 marks

Forms of Market

20 marks

Money and Banking

10 marks

Section B – Fundamentals of Management

Management Process

50 marks

Total

100 marks

Foundation Course Paper 2: Fundamentals of Accounting 

Sections

Topics

Weightage

Section A: Fundamentals of Financial Accounting

Accounting Fundamentals

35 marks

Accounting for Special Transactions

20 marks

Preparation of Final Accounts

25 marks

Section B: Fundamentals of Cost Accounting

Fundamentals of Cost Accounting

20 marks

Total

100 marks

Foundation Course Paper 3: Fundamentals of Laws and Ethics 

Sections

Topics

Weightage

Section A: Fundamentals of Commercial Laws

Indian Contracts Act, 1872

40 marks

Sale of Goods Act, 1930

20 marks

Negotiable Instruments Act,1881

10 marks

Section B: Fundamentals of Ethics

Ethics and Business

30 marks

Total

100 marks

 

Foundation Course Paper 4: Fundamentals of Business Mathematics and Statistics

Sections

Topics

Weightage

Section A: Fundamentals of Business Mathematics

Arithmetic

20 marks

Algebra

20 mark

Section B: Fundamentals of Business Statistics

Statistical representation of Data

10 marks

Measures of Central Tendency and Dispersion

30 marks

Correlation and Regression

10 marks

Probability

10 marks

Total

100 marks

Must Read: ICMAI CMA Syllabus 2021

The ICAI has published the syllabus for the Cost and Management Accountancy course exams. The exams are divided into three sections: Foundation, Intermediate, and Final. The CMA syllabus for each of these three courses and its exams are separately laid by ICAI. While the CMA Foundation course syllabus deals with the fundamental concepts of accounting and management, the Intermediate and Final course syllabus is divided into two groups and consists of accounting, management, and law-related topics.

We have covered complete details on the ICMAI CMA Exam Pattern 2021. If you have any queries related to the ICMAI CMA Exam, feel free to comment below.

Frequently Answered Questions on ICMAI CMA Exam Pattern 2021

Will there be negative marking in CMA Exam? 

No, there is no negative marking in CMA Exam.  

How many papers are there in CMA Exam?

There are 8 papers in the CMA Exam. 

What is the duration of CMA Exam?  

The exam is of 3 hour.  

In what language I can attempt the exam?  

You can only give CMA Exam in English language.  

What is the total weight-age of the question paper?  

The Question paper is of 100 marks. 

When will CMA Intermediate Exam held?  

The CMA Exam is schedule for the 23 July, 2021. 

What is the mode of CMA Exam ?  

The CMA Inter Exam will be conducted in online mode.

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