CMA Intermediate

CMA Intermediate

To achieve his aim of becoming a professional CMA, a student must pass CMA Intermediate after passing CMA Foundation.

The following requirements must be met in order for a student to be eligible to enrol in the CMA Intermediate course:

  • he must have passed both the CMA Foundation Exam and the 10+2, or Higher Secondary Examination, from any accredited national or state board of education.
  • If a candidate is a graduate or postgraduate student in any field other than fine arts, he may sit for the CMA Intermediate exams immediately.
  • Additionally, a candidate is qualified for direct admission to CMA Intermediate if they have passed both the Foundation (Entry Level) Part I Examination and the Competency Level Part II Examination of the CAT of the Institute.
  • Finally, a candidate may be directly admitted to the CA Intermediate Course if they have passed the Institute of Chartered Accountants of India (ICAI) CA Foundation exam or if they have a pass certification from the Institute of Company Secretaries of India (ICSI) CSEET Exam.

In order to be eligible to take the CMA Intermediate exams, a student must also complete a mandatory 100 hours of Compulsory Computer Applications Training, a 3-day training programme for Communication & Soft Skills, and an online, 24/7 Centralised Quality Assessment Test.

However, after completing these skill-building courses, students are eligible to sit for Group 1 and Group 2 of the CMA Intermediate test in a single sitting. The subjects covered in these two groups are as follows.

 

 

Paper 5- Financial Accounting
Paper 6- Laws & Ethics
Paper 7- Direct Taxation
Paper 8- Cost & Management Accounting

The CMA Intermediate papers consist of two sections: a 25% objective section with multiple-choice questions (MCQs) such as true or false, and fill in the blanks, and a 75% theory-based section that requires thorough and concise answers that cover all pertinent material. The passing requirements are the same as they were for the CMA Foundation, which required a candidate to pass a group by receiving at least 40% in each of the individual papers and an overall total of 50%.

Speaking of fees, students can choose between two ways to pay for CMA Intermediate: Option 1 requires payment in full of Rs. 20,000, while Option 2 allows payment in two installments of Rs. 12,000 and 18000

..

Additionally, there are CMA Intermediate exams held all over India. The exam fee is Rs. 1200 for appearing in one of the two groups or Rs. 2400 for appearing in both. If a student wants to pass the difficult CMA exams, he or she must study diligently and cover every topic in great detail in order to fulfil his or her dream of becoming a professional and succeeding in life.