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.