ICMAI CMA Foundation 2021 – ICMAI has announced the exam date for the CMA Foundation June 2021 exam. Exam will be held on September 05, 2021, in the online mode of Examination from home. All registered candidates are appearing in the Foundation examination through online mode using mobile, laptop, desktop and tab from their home. Aspirants who wish to become Certified Management Accountant (CMA) have to clear CMA Foundation June 2021 exam. Institute of Cost Accountants of India (ICWAI / ICMAI) conducts the exam to give entry to eligible and qualified candidates in CMA course. To take the exam, candidates have to register with ICMAI and the exam is held in June and December. All the details about ICMAI CMA Foundation is given in this page. Have a look below.
Latest – ICMAI has released the rescheduled notification for CMA June 2021 Exams, exam will be held on 05 September. Check more details below.
Contents
ICMAI CMA Foundation 2021
There are four papers conducted under CMA Foundation. It is conducted twice a year – June and December. Candidates aspiring to appear in CMA Foundation 2021, must stay updated by following the below given schedule.
| CMA Foundation 2021 | June 2021 |
|---|---|
| Last Date To Submit Applications | 30 May 2021 |
| Admit Card Release Date | to be announced |
| Date of Exam | 05 Sep 2021 (from Home) |
| Result Declaration Date | to be announced |
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26 July 2021 – ICMAI Exam Date 2021: Rescheduled for CMA Foundation, Intermediate, Final June 2021. Read More
CMA Foundation June 2021 Exam Schedule
| ICMAI Foundation Course Examination | Jun 2021 | Dec 2021 |
|---|---|---|
| Fundamentals of Economics & Management | 05 Sep 2021 | to be announced |
| Fundamentals of Accounting | 05 Sep 2021 | to be announced |
| Fundamentals of Laws & Ethics | 05 Sep 2021 | to be announced |
| Fundamentals of Business Mathematics & Statistics | 05 Sep 2021 | to be announced |
ICMAI CMA Foundation 2021 Rescheduled Notification
Institute of Cost Accountants of India has released the rescheduled notification for the Foundation Examination of the June 2021 term. Candidates can check the notification below the image.
- Click here to download the ICMAI CMA Foundation 2021 Rescheduled Notification.
CMA Foundation 2021 Application Form
The Application Form for CMA Foundation 2021 exam is available online. The aspirants who have successfully registered for CMA Foundation June 2021 exam can fill the exam enrollment form. The students can either apply online at the official website of ICMAI. The application process is said to be completed only when the candidates pay the application fee.
Application Fee – The candidates have to pay the following amount of fee for submitting the CA Foundation 2021 Application Form.
| Exam Centres | Application Fe |
| For centres in India | Rs. 1200 |
| For overseas centres | US $60 |
Mode of Application Fee Payment : Application Fees can be paid through online mode (including Payfee Module of IDBI Bank).
ICMAI CMA Foundation 2021 Eligibility Criteria
Eligibility plays a very crucial in applying for a examination. Only candidates who fulfills the below given eligibility criteria shall be permitted to appear in CMA Foundation 2021.
- A candidate should have passed Class 10 or equivalent from a recognized Board or Institution
OR - Passed the Senior Secondary School Examination under the 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed the National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.
- Any Candidate who has passed the Foundation examination conducted by the Institute of Company Secretaries of India will be exempted from Foundation Course & vice versa
OR - Any Candidate who has passed the Intermediate Examination (by whatever name called) conducted by the Institute of Chartered Accountants of India will be exempted from Foundation Course. Similarly, any candidate who has passed the Intermediate examination will be exempted from Common Proficiency Test (i.e. entry level examination, by whatever name called) conducted by the Institute of Chartered Accountants of India.
- Candidates who have passed the qualifying examination for direct admission to Intermediate Course are exempted from Foundation Course.
ICMAI CMA Foundation 2021 Admit Card
The ICMAI will be released CMA Foundation Admit Card 2021 at its official website only for successfully registered candidates. The Institute does not send the hard copy of the Admit Card to the candidates by post/ courier. To download CMA Foundation 2021 Admit Card, candidates need to log in by entering their 12 digit Registration Number.
The Admit Card consist of details like exam timing, the address of the test center, etc. CMA Foundation admit card is issued for only those candidates who submit their CMA Foundation Application Form before the last date with complete payment. Test takers will not allowed to sit in the examination hall without a valid admit card.
ICMAI CMA Foundation Syllabus
Following is the syllabus for CMA Foundation for all the Four papers.
Paper 1: Fundamentals of Economics and Management (FEM)
| Section – A Fundamental of Economics | Section – B Fundamental of Management |
– Basic Concepts of Economics – Micro & Macro – Forms of Market – Money and Banking | – Management Process |
Paper 2: Fundamental of Accounting (FOA)
| Section – A Fundamental of Financial Accounting | Section – B Fundamental of Cost Accounting |
– Accounting Basics – Accounting for Special Transactions – Preparation of Final Accounts | Fundamentals of Cost Accounting |
Paper 3 : Fundamental of Laws and Ethics
| Section – A Fundamental of Commercial Laws | Section – B Fundamental Of Ethics |
– Indian Contracts Act, 1872 – Sale of Goods Act, 1930 – Negotiable Instruments Act, 1881 | Ethics and Business |
Paper 4 : Fundamental of Business Mathematics and Statistics (FBMS)
| Section – A Fundamental of Business Mathematics | Section – B Fundamental of Business Statistics |
– Arithmetic – Algebra | – Statistical Representation of Data – Measures of Central Tendency and Dispersion – Correlation and Regression – Probability |
ICMAI CMA Foundation 2021 Exam Pattern
Following is the exam pattern for CMA Foundation. Candidates are required to study the question paper pattern carefully.
- Mode of examination: The mode of examination will be announced shortly.
- Type of examination: MCQ Mode
- Each paper will carry 100 marks 50 Multiple Choice Questions (Each Question will carry 2 Marks). Each session will be a total of 100 Multiple Choice Questions of 200 marks.
- Papers: CMA Foundation is broadly divided into Four Papers. The distribution of the same is provided below.
Paper 1: Fundamentals of economics and management
| Contents | Weightage |
| Section A: Fundamentals of Economics | |
| Basic concepts of Economics | 20% |
| Forms of Market | 20% |
| Money and Banking | 10% |
| Section B: Fundamentals of Management | |
| Management Process | 50% |
Paper 2: Fundamentals of accounting
| Contents | Weightage |
| Section A: Fundamentals of Financial Accounting | |
| Accounting Fundamentals | 35% |
| Accounting for Special Transactions | 20% |
| Preparation of Final Accounts | 25% |
| Section B: Fundamentals of Cost Accounting | |
| Fundamentals of Cost Accounting | 20% |
Paper 3: Fundamentals of Laws and Ethics
| Contents | Weightage |
| Section A: Fundamentals of Commercial Laws | |
| Indian Contracts Act, 1872 | 40% |
| Sale of Goods Act, 1930 | 20% |
| Negotiable Instruments Act, 1881 | 10% |
| Section B: Fundamentals of Ethics | |
| Ethics and Business | 30% |
Paper 4: Fundamentals of Business Mathematics and Statistics
| Contents | Weightage |
| Section A: Fundamentals of Business Mathematics | |
| Arithmetic | 20% |
| Algebra | 20% |
| Section B: Fundamentals of Business Statistics | |
| Statistical representation of Data | 10% |
| Measures of Central Tendency and Dispersion | 30% |
| Correlation and Regression | 10% |
| Probability | 10% |
ICMAI CMA Foundation 2021 Examination Centres
In the CMA Foundation Application Form, the candidates need to select the test centers from the drop-down menu. ICMAI is conducting the CMA Foundation June 2021 exam at 99 cities spread across India and at 03 Overseas centers. Following are the examination centres where CMA Foundation 2021 shall be conducted. Below given is the list of examination cities.
Adipur-Kachchh (Gujarat), Agartala, Agra, Ahmedabad, Akurdi, Allahabad, Asansol, Aurangabad, Bangalore, Baroda, Berhampur (Ganjam), Bhilai, Bhilwara, Bhopal, Bewar City(Rajasthan), Bhubaneswar, Bilaspur, Bikaner (Rajasthan), Bokaro, Calicut, Chandigarh, Chennai, Coimbatore, Cuttack, Dehradun, Delhi, Dhanbad, Duliajan (Assam), Durgapur, Ernakulam, Erode, Faridabad, Ghaziabad, Guntur, Gurgaon, Guwahati, Haridwar, Hazaribagh, Howrah, Hyderabad, Indore, Jaipur, Jabalpur, Jalandhar, Jammu, Jamshedpur, Jodhpur, Kalyan, Kannur, Kanpur, Kolhapur, Kolkata, Kollam, Kota, Kottakkal (Malappuram), Kottayam, Lucknow, Ludhiana, Madurai, Mangalore, Mumbai, Mysore, Nagpur, Naihati, Nasik, Nellore, Neyveli, Noida, Palakkad, Panaji (Goa), Patiala, Patna, Pondicherry, Port Blair, Pune, Raipur, Rajahmundry, Ranchi, Rourkela, Salem, Sambalpur, Shillong, Shimla, Siliguri, Solapur, Srinagar, Surat, Thrissur, Tiruchirapalli, Tirunelveli, Tirupati, Trivandrum, Udaipur, Vapi, Vashi, Vellore, Vijayawada, Vindhyanagar, Waltair
Overseas Centres at Bahrain, Dubai and Muscat.
About ICMAI
The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objective of promoting, regulating and developing the profession of Cost Accountancy. The Institute of Cost Accountants of India is the only recognized statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy.
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