ICMAI CMA Intermediate December 2026 is the second stage of the CMA course, conducted by the Institute of Cost Accountants of India. Its eight papers are scheduled for 10 to 17 December 2026, from 2 to 5 PM. The exam form closed on 10 October 2026 and is open with a Rs 500 late fee until 17 October 2026.
ICMAI CMA Intermediate December 2026
This page covers the December 2026 CMA Inter dates and paper-wise time table, the exam form and fees, eligibility, exam pattern, admit card, result and pass marks.
| Full name | CMA Intermediate Examination (Syllabus 2022), December 2026 term |
|---|---|
| Conducted by | The Institute of Cost Accountants of India (ICMAI) |
| Exam level | National professional exam, held twice a year (June and December terms) |
| Courses / Purpose | Second of the three exam stages of the CMA (Cost and Management Accountant) course |
| Exam date | 10 to 17 December 2026, 2:00 to 5:00 PM (one paper a day) |
| Application | Online only; closed 10 October 2026, open with Rs 500 late fee until 17 October 2026 |
| Application fee | Rs 1,500 (one group) or Rs 2,800 (both groups); overseas US$ 100 or US$ 150 |
| Eligibility | Registered Intermediate student: Class 12 plus CMA Foundation, or a graduate or qualified engineer |
| Mode | Offline, centre-based; answers in English or Hindi |
| Questions and marks | 8 papers in 2 groups, 100 marks each; pass with 40% per paper and 50% aggregate |
| Duration | 3 hours per paper |
| Official website | icmai.in |
CMA Intermediate December 2026 Important Dates
ICMAI’s December 2026 time table fixes the Intermediate exam for 10 to 17 December 2026 and the result for no later than 5 February 2027.
| Event | Date |
|---|---|
| Intermediate result (June 2026 term) | 5 August 2026 Released |
| Exam form (Dec 2026 term) | 13 August to 10 October 2026 Closed |
| Exam form with late fee of Rs 500 (Dec 2026 term) | 11 to 17 October 2026 Released |
| Admit card (Dec 2026 term) | December 2026 Expected |
| CMA Intermediate exam (Dec 2026 term) | 10 to 17 December 2026, 2:00 PM to 5:00 PM Upcoming |
| Intermediate result (Dec 2026 term) | By 5 February 2027 Upcoming |
What is the CMA Intermediate December 2026 time table?
Every Intermediate paper runs from 2 to 5 PM, and the two groups are held on alternate dates, so you can take both groups in the same term.
| Date | Paper | Group |
|---|---|---|
| 10 December 2026 (Thursday) | Paper 5: Business Laws and Ethics | Group I |
| 11 December 2026 (Friday) | Paper 9: Operations Management and Strategic Management | Group II |
| 12 December 2026 (Saturday) | Paper 6: Financial Accounting | Group I |
| 13 December 2026 (Sunday) | Paper 10: Corporate Accounting and Auditing | Group II |
| 14 December 2026 (Monday) | Paper 7: Direct and Indirect Taxation | Group I |
| 15 December 2026 (Tuesday) | Paper 11: Financial Management and Business Data Analytics | Group II |
| 16 December 2026 (Wednesday) | Paper 8: Cost Accounting | Group I |
| 17 December 2026 (Thursday) | Paper 12: Management Accounting | Group II |
CMA Final papers are held on the same dates from 10 AM to 1 PM. Source: official December 2026 time table.
How to apply for CMA Intermediate December 2026?
You apply online only, through icmai.in > Students > Examination > Online Application for Examination. ICMAI does not accept offline forms or demand drafts for Indian or overseas centres. The last date without late fee was 10 October 2026; from 11 to 17 October 2026 you can still apply with a late fee of Rs 500.
Apply Online for CMA Intermediate 2026
The CMA Intermediate 2026 application window (13 August to 10 October 2026) has closed.
- Open the online exam application page, enter your current registration number and click the button beside it.
- Click the button beside the registration number field in the Online Examination Application form to load your details.
- Fill in your details, choose your exam centre and group(s) carefully, and submit. Enter your email ID and mobile number correctly; ICMAI uses them for all exam messages.
- Upload your photo and signature in JPG, JPEG or BMP format, under 40 KB each. They are printed on your admit card and can be changed only before payment.
- Choose the payment mode and pay the fee online. If money is deducted but the status shows incomplete, wait three working days before paying again.
| Fee | One group | Both groups |
|---|---|---|
| Centres in India | Rs 1,500 | Rs 2,800 |
| Overseas centres (Bahrain, Dubai, Muscat) | US$ 100 | US$ 150 |
| Late fee (11 to 17 October 2026) | Rs 500 | Rs 500 |
If you applied for one group and want to add the other, email [email protected] within the due date.
Who can appear for CMA Intermediate December 2026?
You can sit the exam only if you hold a valid Intermediate registration number, have completed the training prescribed for Intermediate and have submitted the exam form with the fee.
- Through Foundation: Class 12 (10+2) pass plus the CMA Foundation exam, or Foundation (Entry Level) Part I of ICMAI’s CAT course.
- Direct entry: a degree from a recognised university, or qualified engineers, in any subject other than music, dancing, photography, painting, sculpture and the like. The prospectus lists other qualifying exams, such as ICAI Intermediate.
- Provisional registration is allowed if you are awaiting degree results; you get 18 months to submit the pass result.
- Register by 31 July for a December term and by 31 January for a June term. A registration is valid for seven years.
- The Intermediate course fee is Rs 23,100, or Rs 12,000 at registration plus Rs 11,100 by the term cut-off. You cannot sit either group until the second instalment is paid.
- The course includes 120 hours of Skills Training at Intermediate level, and you can start the 15-month practical training after registering.
The registration deadline for December 2026 has passed, so new students now register for the June 2027 term, with a cut-off of 31 January 2027. Registration is online through the ICMAI student portal or at regional councils and chapters.
What is the CMA Intermediate exam pattern?
CMA Intermediate (Syllabus 2022) has eight papers of 100 marks each in two groups, and every paper is a 3-hour offline exam at a centre.
| Group | Paper | Sections and weight |
|---|---|---|
| Group I | Paper 5: Business Laws and Ethics | Commercial Laws 30%, Industrial Laws 15%, Corporate Laws 40%, Business Ethics 15% |
| Group I | Paper 6: Financial Accounting | Fundamentals 15%, Special Transactions 10%, Financial Statements 20%, Partnership 20%, Lease, Branch and Departmental 15%, Accounting Standards 20% |
| Group I | Paper 7: Direct and Indirect Taxation | Direct Taxation 50%, Indirect Taxation 50% |
| Group I | Paper 8: Cost Accounting | Introduction to Cost Accounting 40%, Methods of Costing 30%, Cost Accounting Techniques 30% |
| Group II | Paper 9: Operations Management and Strategic Management | Operations Management 60%, Strategic Management 40% |
| Group II | Paper 10: Corporate Accounting and Auditing | Corporate Accounting 50%, Auditing 50% |
| Group II | Paper 11: Financial Management and Business Data Analytics | Financial Management 80%, Business Data Analytics 20% |
| Group II | Paper 12: Management Accounting | Eight sections; the largest are Decision Making Tools 30%, Standard Costing 15% and Budgeting 15% |
- You may write your answers in Hindi, but an answer script that mixes English and Hindi can be cancelled.
- Exam centres are in about 150 Indian cities, plus Bahrain, Dubai and Muscat.
- Exemptions in some papers are available to qualified CS (Papers 7 and 10), LLB (Paper 5) and engineering (Paper 9) candidates, on application and a fee.
How to get the CMA Intermediate December 2026 admit card?
ICMAI releases the admit card online only, on the admit card page of icmai.in, and sends no copy by post. It is expected in early December 2026, since the December 2025 admit cards came out on 1 December 2025.
The card shows your name, registration number, group(s), exam dates and timings, centre address, photo and signature. The download steps are on the CMA admit card December 2026 page.
How is the CMA Intermediate result declared and what are the pass marks?
ICMAI will publish the December 2026 Intermediate result on icmai.in by 5 February 2027, and you check it with your registration number and roll number.
| Case | Pass rule |
|---|---|
| One group | 40% in each paper of the group and 50% aggregate of its non-exempted papers |
| Both groups together | 40% in each paper appeared and 50% aggregate taking both groups together |
| Paper exemption | 60% or more in a paper of a group you failed; counted as 50 marks, valid for the next three terms |
| Carry forward | 60% in a paper plus 40% in every other paper of the group lets you carry the actual marks forward |
Verification, answer-script copies and marksheets are explained on the CMA result December 2026 page.
What is the expected CMA Intermediate December 2026 cut off?
CMA Intermediate has no rank-based cut off: you qualify with the fixed pass marks above, and in June 2026 between 12.82% and 30.64% of candidates passed, depending on the groups taken.
| Appeared for | Appeared | Passed | Pass % |
|---|---|---|---|
| Group I only | 28,471 | 6,813 | 23.93 |
| Group II only | 17,488 | 5,358 | 30.64 |
| Both groups, passed both | 10,897 | 2,144 | 19.68 |
| Both groups, passed one | 10,897 | 1,397 | 12.82 |
2026, official result analysis: ICMAI press release, June 2026 Intermediate and Final result (Syllabus 2022). With this result, 7,885 candidates completed Intermediate.
Where does CMA Intermediate fit in the CMA course?
Intermediate is the middle of three exam stages: Foundation, Intermediate and Final. Class 12 students start with CMA Foundation December 2026, held on 13 December 2026, while graduates can register directly for Intermediate.
After passing both Intermediate groups you enrol for Final. Intermediate must be passed before the penultimate term, so a December 2026 pass cannot sit Final in June 2027. The ICMAI CMA December 2026 page covers all three levels.
Official CMA Intermediate December 2026 Notices
- PDFIntermediate and Final Examination Time Table and Programme, December 2026 (13 August 2026)Official site · dwpivt501gtb6.cloudfront.netOpen
- PDFCMA Prospectus 2025, Syllabus 2022 (latest)Official site · dwpivt501gtb6.cloudfront.netOpen
- LINKICMAI official websiteOfficial site · icmai.inOpen