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All about the CMA Exam Pattern 2025

CMA Exam Pattern 2025: The CMA Course has three levels, namely CMA Foundation, CMA Inter, and CMA Final which are conducted twice a year - once in June and then in December. The CMA exam is offline centre based and conducted by the Institute of Cost and Management Accountants of India (ICMAI)

In CMA foundation, every paper contains 100 questions, and students have to answer it within 120 minutes (2 hours), while the time duration of the CMA Inter and CMA Final course is 180 minutes (3 hours).

 

 

CMA Exam Pattern 2025 Overview:

Particulars

CMA Foundation Exam pattern

CMA Inter Exam Pattern

CMA Final Exam Pattern

Mode of exam

Offline

Offline

Offline

Type of questions

Objective (MCQs)

Subjective

Subjective

Total Marks

100 (Each Subject)

100 (Each Subject)

100 (Each Subject)

CMA exam duration

2 hours

3 hours

3 hours

Number of Groups

-

2

2

Number of Subjects

4

4 (in each group)

4 (in each group)

 

CMA Course 2025: All Levels Exam Pattern

  • CMA Foundation
  • CMA Inter 
  • CMA Final 

To become a Cost and Management Accountants, a candidate needs to pass all three levels. Check out the below tables for the CMA June 2025 exam pattern for all the courses.

CMA Exam Pattern 2025: Foundation Exam Overview

The First level is CMA Foundation and has four papers. To be eligible for the next level, a candidate needs to pass all four papers. Also, it is necessary to note that all the four papers were conducted on the same day and the duration of the CMA Foundation exam is 120 minutes (2 hours).

Exam time

Paper name

No. of questions

Marks

Total marks

Session 1 (10 am to 12 pm)

Paper 1: Fundamentals of Business Laws and Business Communication

50

100

200

Paper 2: Fundamentals of Financial and Cost Accounting

50

100

Session 2 (2 pm to 4 pm)

Paper 3: Fundamentals of Business Mathematics and Statistics

50

100

200

Paper 4: Fundamentals of Business Economics and Management

50

100

 

There are four subjects at the CMA Foundation level. Below is the subject list of CMA Foundation 2025 exams:

Paper 1: Fundamentals of Business Laws and Business Communication

Paper 2: Fundamentals of Financial and Cost Accounting

Paper 3: Fundamentals of Business Mathematics and Statistics

Paper 4: Fundamentals of Business Economics and Management

Note: There is no negative marking in the CMA Foundation course.

CMA Subject-wise Weightage for Foundation Course 2025

To know about the weightage of each subject under the CMA Foundation course, check out the below table:

Paper 1: Fundamentals of Economics and Management

Section-wise chapters

Weightage

Section A: Fundamental of Business Laws

80%

Introduction

10%

Indian Contract Act, 1872

30%

Sale of Goods Act, 1930

20%

Negotiable Instruments Act, 1881

20%

Section B: Business Communication

20%

 

Paper 2: Fundamentals of Financial and Cost Accounting

Section-wise Chapters

Weightage

Section A: Fundamentals of Financial Accounting

70%

Accounting Fundamentals

30%

Accounting for Special Transactions

15%

Preparation of Final Accounts

25%

Section B: Fundamentals of Cost Accounting

30%

 

Paper 3: Fundamentals of Business Mathematics and Statistics 

Section-wise Chapters

Weightage

Section A: Fundamentals of Business Mathematics

40%

Arithmetic

15%

Algebra

20%

Calculus – Application in Business

5%

Section B: Fundamentals of Business Statistics

60%

Statistical Representation of Data

5%

Measures of central tendency and dispersion

15%

Correlation and Regression

15%

Probability

15%

Index Numbers and Time Series

10%

 

Paper 4: Fundamentals of Business Economics and Management

Section-wise Chapters

Weightage

Section A: Fundamentals of Business Economics

70%

Basic Concepts

15%

Forms of Market

20%

Money and Banking

20%

Economics and Business Environment

15%

Section B: Fundamentals of Management

30%

 

CMA Inter and Final Courses Exam Pattern 2025

Both the CMA Inter and CMA Final courses have descriptive types of questions and the duration of time is 3 hours for each paper.

CMA Inter Exam Papers 2025

Groups

Papers

Group 1

Paper 5: Business Laws and Ethics

Paper 6: Financial Accounting

Paper 7: Direct and Indirect Taxation

Paper 8: Cost Accounting

Group 2

Paper 9: Operations Management and Strategic Management

Paper 10: Corporate Accounting and Auditing

Paper 11: Financial Management and Business Data Analytics

Paper 12: Management Accounting

 

CMA Final Exam Papers 2025:

Groups

Papers

Group 1

Paper 13: Corporate and Economic laws

Paper 14: Strategic Financial Management

Paper 15: Direct Tax Laws and International Taxation

Paper 16: Strategic Cost Management

Group 2

Paper 17: Cost and Management Audit

Paper 18: Corporate Financial Reporting

Paper 19: Indirect Tax Laws and Practice

Paper 20: Select one of the following

Paper 20A: Strategic Performance Management and Business Valuation

Paper 20B: Risk Management in Banking and Insurance

Paper 20C: Entrepreneurship and Startup 

 

Conclusion:

To get CMA certification it is necessary to understand the CMA exam pattern 2025, including the exam duration and marking scheme. Each paper has a different marking scheme that is specially designed to assess a candidate's knowledge and skills across various topics. After knowing the exam pattern, it is advisable to make a study plan and start your CMA preparation.

 If you have no idea about how to make a study plan and how to manage time during an exam then it is advisable to get guidance from mentors who will guide you properly and help you to make an effective study plan.

FAQs:

Ques: How many subjects are there in the CMA Exam?

Ans: There are a total of 20 papers in the CMA Exam, in which the CMA Foundation consists of 4 papers, while the CMA Inter and Final consist of 2 groups and each group contains 4 subjects.

Ques: How many subjects are there in the CMA Foundation?

Ans: There a total of 4 subjects in the CMA Foundation, which are given below:

  • Paper 1: Fundamentals of Business Laws and Business Communication
  • Paper 2: Fundamentals of Financial and Cost Accounting
  • Paper 3: Fundamentals of Business Mathematics and Statistics
  • Paper 4: Fundamentals of Business Economics and Management

Ques: Does the CMA Foundation level have only objective type questions?

Ans: According to the ICMAI, the CMA Foundation level has only objective types of questions.

Ques: Is there any negative marking in CMA exams?

Ans: No, there is no negative marking in any level of the CMA course.

Ques: What are the passing marks for CMA Inter?

Ans: to pass the CMA Inter exam it is necessary to get a minimum of 40% marks in each subject and a minimum of 50% marks in aggregate.

Ques: Is the CMA exam conducted offline?

Ans: Yes, the CMA exam is conducted offline at a designated center.

Ques: Does the Syllabus of CMA change every year?

Ans: No, the syllabus of CMA does not change every year. Typically, the CMA syllabus changes every four to five years.

Ques: How many times is the CMA exam conducted every year?

Ans: The CMA exam is conducted two times a year - in June and December.

Ques: What types of questions are there in the CMA Foundation?

Ans: In CMA Foundation, there are only objective types of questions.

Ques: Is Articleship Compulsory for CMA?

Ans: To become a Cost and Management Accountant, it is necessary to complete articleship training which provides hands-on experience under the supervision of qualified professionals.

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