ICMAI CMA December 2024 Exams Overview

ICMAI CMA December 2024 Exams Overview

CMA December 2024 Exam: The Institute of Cost and Management Accountants has now released the CMA December 2024 Admit card. CMA Inter and CMA Final will be held from December 10 to 17, 2024 while the foundation exam will be held on December 15, 2024. Now, students can download the admit card for the December 2024 exam before the exams.

The CMA exam is conducted twice a year, in December and December. Candidates who are eligible for the December 2024 exam can apply for the exam. Eligible candidates can fill out the examination form for the December 2024 exams until January 31, 2024.

 ICMAI will release the December 2024 exam date after the declaration of the December 2024 exam result on the official website at ICMAI. It is anticipated that the CMA Inter and CMA Final exams will be held in the second week of December, while the foundation exam will be conducted on a single day.

 

All about the CMA exam

The Institute of Cost and Management Accountants (ICMAI) is the conducting body of CMA Examinations, which was previously known as the Institute of Cost and Works Accountants (CMA). To become a Cost Accountant, it is necessary to pass all three levels of CMA, including CMA Foundation, CMA Inter, and CMA Final.

Admission Cutoff Dates for CMA 2024 Exams:

To become a CMA it is necessary to enroll in the CMA course and pass all three Foundation, Inter, and Final levels. Candidates must complete the enrollment process before the cutoff dates in order to sit for the exam in the December or June term. According to the CMA exam dates, the last date for applying for the December term is 31 July. However, the last date for applying for the June term is 31 January

Note: ICMAI may not revise the cutoff dates for submitting the CMA Admission form.

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ICMAI CMA December 2024 Exam dates 

Particular

Exam Dates

CMA December 2024 Admit Card

1 December – 17 December 2024

CMA Foundation exam December 2024 

15th December 2024

CMA Inter Exam December 2024

10th December – 17 December 2024

CMA Final Exam December 2024

10th December – 17 December 2024

 

ICMAI CMA Admit Card December 2024

Students can download their CMA admit card online on the official website of ICMAI before one week of the CMA exam. Candidates can download their admit card by using their login credentials, like Registered ID and password.

Steps to Download ICMAI CMA Admit Card December 2024:

  • Go to the official website of ICMAI.
  • Scroll down and find the column named “Update.
  • Click on the “Admit Card for December 2024 Examination” link.
  • The admit card window will open on the screen
  • Enter your login credentials, like ‘registration number’ and ‘date of birth.’
  • After that, click on the “Login” button.
  • After Login, your admit card for December 2024 will appear on the screen. Review and download the admit card for later use.

ICMAI CMA December 2024 exam Eligibility Criteria:

CMA Levels

Eligibility Criteria

CMA Foundation Level

Candidates who have passed Class 10 or Class 12th or are from a recognized board of education are eligible to take the CMA Foundation exam.

CMA Inter Level

Candidates who have passed the 12th class or an equivalent examination or passed the CMA Foundation course are eligible for the CMA Inter course.

Or

Candidates who have a graduation degree other than arts are eligible for the CMA Inter course

Or

Candidates who have passed ICSI Foundation/ CA Inter/ CAT CMA are eligible for the CMA Inter Course

Note: To know more about direct entry in detail, click on the link.

CMA Final Level

Candidates who clear both groups of CMA Intermediate are eligible for the final level.

 

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ICMAI CMA December 2024 Examination Process

The CMA exam is conducted by ICMAI twice a year. There are three levels in the CMA Course, namely Foundation, Intermediate, and Final. To appear for the exam, candidates have to enroll themselves before the registration date. For the CMA June session, the last date to apply is 31 January, while for the CMA December session the last date to apply is 31 July.

Steps to appear for the CMA exam:

  • Fill the CMA admission form
  • Download the CMA admit card
  • Give the CMA Exam
  • Check the CMA exam result

Note: Candidates can also check the CMA pass percentage and CMA topper list along with the CMA result.

ICMAI CMA December 2024 Application form:

It is necessary to fill out the CMA form before the last date of the exam. Before filling out the form, it is necessary to check the eligibility criteria to see whether you are eligible or not. The CMA application form is available in online mode. If you do not pay the necessary fees at the time of submitting the form, then your form will not be accepted by the Institute.

Check the below table to know about the structure of the fees:

Level

Fees

Foundation level

INR 6,000

Intermediate level

INR 23,100

Final level

INR 25,000

Note: You can pay the fees online by using Debit/credit cards.

ICMAI CMA December 2024 Result:

The Result for CMA Inter and CMA Final December 2024 session will be released after 2-3 months from the last exam while CMA Foundation result will be released earlier than the CMA Inter and CMA final because of Objective nature of questions.

Steps to check the CMA December 2024 result:

Follow the below steps to check the Result for CMA December 2024 session.

Step 1: Go to the Official website of ICMAI.

Step 2: From the Menu bar, click on the “Examination Tab.”

Step 3: After that, from the sidebar, click on the “Result” link.

Step 4: Click on the link according to your level.

Step 5: Enter your login credentials and then click on the “view result.”

Step 6: After that, your result will be displayed on the screen.

Step 7: Save and Download your CMA result for future reference.

Conclusion

Few days are left for the CMA exams, start your revision and give as many mock test papers as possible to boost your confidence level. All the best!

ICMAI CMA December 2024 Overview- FAQs

Q1. How many levels are there in the CMA course?

Ans. There are three levels in the CMA Course, namely CMA Foundation, CMA Inter, and CMA Final.

Q2. Is the CMA exam conducted online or offline?

Ans. The CMA exam is conducted offline. To give the CMA exam, students need to appear at the test centre. At the time of the pandemic, the CMA foundation was conducted online. But now, the CMA exam is conducted offline. Now, to give the exam, candidates need to appear at a designated exam centre. 

Q3. How many times is the CMA exam conducted in a year?

Ans. The Institute of Cost and Management Accountants (ICMAI) conducts the CMA exam two times a year in December and December sessions. 

Q4. Can I apply for verification of CMA answer sheets?

Ans. Yes, you can apply for verification of answer sheets. In the verification of the answer sheet, they check if there is any error in total or omission to examine any answer. 

Q5. What are the passing criteria for the CMA Exam?

Ans. For the CMA Foundation Exam: To pass the CMA Foundation exam, candidates need to secure at least 40 percent marks in each subject and an overall of 50% marks.

For the CMA Intermediate and CMA Final Exam: Candidates must secure at least 40% marks in each subject and 50% marks in non-exempted papers of a specific group in order to clear the CMA Intermediate and CMA Final exams.

Q6. Is there any negative marking in any level of the CMA course?

Ans. No, there is no negative marking in any level or any subject in the CMA course.

Q7. Will the CMA Syllabus change every year?

Ans. No, the CMA syllabus does not change annually. The CMA syllabus has recently been changed by the Institute of Cost and Management Accountants of India (ICMAI). The CMA syllabus usually changes after four to five years. 

Q8. What is the syllabus for the CMA Foundation exam?

Ans. In CMA Foundation there are total of four papers which are as follows:

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

Q9. Is there any age limit to apply for the CMA Exam?

Ans. No, there is no limit to applying for the CMA Exam. You can apply for the CMA exam at any age without any worry.

Q10. How many subjects are there in the CMA Intermediate exam?

Ans. There are two groups at the CMA Intermediate level. Students can either attempt both groups and one group at a time. 

CMA Inter Group 1

  • Paper 5: Business Laws and Ethics
  • Paper 6: Financial Accounting
  • Paper 7: Direct and Indirect Taxation
  • Paper 8: Cost accounting

CMA Inter 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

Q11. Can I do CMA after B.Com?

Ans. Yes, you can do CMA after B.com.

Q12. Which is more difficult, CA or CMA?

Ans. Chartered Accountancy (CA) is considered more difficult than Cost and Management Accounting (CMA) due to its broader scope, longer course duration, and passing criteria.

Q13. Can I directly give the CMA Inter exam if my graduation result has not come yet?

Ans. Yes, you can take the CMA Inter exam if you are in the final year of B.com on a provisional basis.

Q14. What types of questions are there in the CMA exam?

Ans. In the CMA Foundation Level, there is only an objective type of question while the CMA Inter and CMA Final exams have both objective and descriptive types of questions.

Q15. When will ICMAI release the CMA Result?

Ans. The ICMAI will release the CMA Inter and CMA final results within two to three months after the exam, while the CMA Foundation result is released within one month of the examination.

Q16. Is the CMA result declared in 2024?

Ans. The Institute of Cost Accountants of India (ICMAI) will release the CMA December 2024 on February 11. 

Q17. Is 2 months enough for the CMA final?

Ans. No, due to the extensive syllabus, 2 months are not enough to prepare for the CMA Final exam. It is advisable to give at least 3-6 months to thoroughly cover the material. 

Q18. Which CMA exam is on 15th December 2024?

Ans. CMA Inter exam for Financial Management and Business Data Analytics was held on Sunday, December 15, 2024. 

Q19. Is CMA harder than CA?

Ans.The difficulty level of the CMA and CA depends on one’s strength and Interest but generally CMA is considered easier than the CA.

Q20. What is the fee for the CMA Inter exam for December 2024?

In India, the CMA Inter exam fee for one group is INR 1200/- while for both groups the fee is INR 2400/-. however, for overseas students the fee for both groups is USD 90.

Q21. Is the CMA exam tough?

Ans. Yes, the CMA exam is tough due to its depth, analytical focus, and time contraints. 

Q22. What is the last date to fill the CMA Inter Dec 2024 exam form?

Ans. The Last date to fill the CMA Inter Dec 2025 exam form is October 10, 2024.

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