CMA Foundation

Run by

The Institute of Cost Accountants of India (ICMAI)

Admits you to

The entry-level exam of the CMA (Cost and Management Accountant) course. Passing it lets you register for CMA Intermediate. Graduates and ICAI/ICSI Intermediate pass students are exempt and can register for Intermediate directly.

Who can sit

You can take admission to the Foundation course after Class 10; you can sit the Foundation exam once you have passed Class 12 (or an equivalent such as a National Diploma in Commerce). Admission must be done by 31 January for the June exam and by 31 July for the December exam, and includes compulsory coaching.

Pattern

Four papers (Syllabus 2022): Fundamentals of Business Laws and Business Communication; Fundamentals of Financial and Cost Accounting; Fundamentals of Business Mathematics and Statistics; Fundamentals of Business Economics and Management. To pass you need 40% in each paper and 50% aggregate.

When

Twice a year, in June and December.

Limits

No age or attempt limit is set in the prospectus.

Courses it leads to

• CMA (Cost and Management Accountant)CMA (earlier called ICWA) is India's professional qualification in cost accounting, management accounting and cost audit, run by ICMAI, a statutory…3½–4 years