ICMAI CMA December 2026 covers the Foundation, Intermediate and Final stages of the Cost and Management Accountancy course, run by the Institute of Cost Accountants of India. Inter and Final papers are scheduled for 10 to 17 December 2026 and Foundation for 13 December 2026. The exam form closes on 10 October (Inter, Final) and 14 October 2026 (Foundation).
ICMAI CMA December 2026
This page covers the December 2026 CMA exam dates, the exam form and fees, who can appear, the exam pattern and the official notices.
| Full name | CMA Foundation, Intermediate and Final Examinations, 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 | The three exam stages of the CMA (Cost and Management Accountant) course |
| Exam date | Intermediate and Final 10 to 17 December 2026; Foundation 13 December 2026 |
| Application | Online only; by 10 October 2026 (Inter, Final) and 14 October 2026 (Foundation) |
| Application fee | Foundation Rs 1,500; Inter Rs 1,500 / 2,800; Final Rs 1,800 / 3,200 (one / two groups) |
| Eligibility | Valid ICMAI registration for the level, with the training that level requires |
| Mode | Offline, centre-based; Foundation is MCQ on OMR sheets |
| Questions and marks | Every paper 100 marks; Foundation 4 papers of 50 MCQs (2 hours per session), Inter and Final 3 hours per paper |
| Negative marking | None in Foundation |
| Official website | icmai.in |
ICMAI CMA December 2026 Important Dates
ICMAI has announced the full December 2026 schedule, with results due by 7 January 2027 for Foundation and by 5 February 2027 for Intermediate and Final.
| Event | Date |
|---|---|
| Foundation result (June 2026 · Foundation) | 9 July 2026 Released |
| Course registration cut-off for Decemb… (Dec 2026 term) | 4 August 2026 Released |
| Inter and Final result | 5 August 2026 Released |
| Exam form (Dec 2026 · Inter & Final) | 13 August to 10 October 2026 Closed |
| Exam form (Dec 2026 · Foundation) | 13 August to 14 October 2026 Open |
| Exam form with late fee of Rs 500 (Dec 2026 · Inter & Final) | 11 to 17 October 2026 Released |
| Exam form with late fee of Rs 500 (Dec 2026 · Foundation) | 15 to 21 October 2026 Upcoming |
| Admit card (Dec 2026 term) | December 2026 Expected |
| CMA Final exam (Dec 2026 · Final) | 10 to 17 December 2026, 10:00 AM to 1:00 PM Upcoming |
| CMA Intermediate exam (Dec 2026 · Intermediate) | 10 to 17 December 2026, 2:00 PM to 5:00 PM Upcoming |
| CMA Foundation exam (Dec 2026 · Foundation) | 13 December 2026, 10 AM to 12 noon and 2 PM to 4 PM Upcoming |
| Foundation result (Dec 2026 · Foundation) | By 7 January 2027 Upcoming |
| Intermediate and Final result (Dec 2026 · Inter & Final) | By 5 February 2027 Upcoming |
How to Apply for ICMAI CMA December 2026
You apply for the December 2026 exam 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.
Apply Online for ICMAI CMA 2026
The ICMAI CMA 2026 application window (13 August to 10 October 2026) has closed.
- Open the online exam application page and enter your current registration number (identification number for Foundation).
- Click the button beside the registration number field to load your details in the Online Examination Application form.
- Fill in your details, exam centre and group(s), and submit. Enter your email ID and mobile number carefully; 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, so check them before you pay.
- Choose the payment mode and pay the fee online. If the money is deducted but the status shows incomplete, wait three working days before paying again.
| Level | One group (India) | Both groups (India) | Overseas centres |
|---|---|---|---|
| Foundation | Rs 1,500 | Not applicable | US$ 100 |
| Intermediate | Rs 1,500 | Rs 2,800 | US$ 100 (one group), US$ 150 (both) |
| Final | Rs 1,800 | Rs 3,200 | US$ 100 (one group), US$ 150 (both) |
A late fee of Rs 500 applies from 11 to 17 October 2026 for Intermediate and Final, and from 15 to 21 October 2026 for Foundation. Inter and Final students who applied for one group and want to add the other must email [email protected] within the due date.
Who can appear for ICMAI CMA December 2026?
You can appear only at the level you are registered for, with a valid identification or registration number, the training that level requires and a submitted exam form.
- Foundation: you can take admission after Class 10 and sit the exam after passing Class 12 (10+2) or an equivalent exam. Passing the ICAI Intermediate exam exempts you from Foundation.
- Intermediate: registration needs Class 12 plus CMA Foundation (or CAT Foundation Part I), or a graduation degree in any subject other than fine arts such as music, dancing, photography, painting and sculpture. You must also complete the training prescribed for Intermediate.
- Final: you must have passed Intermediate before the penultimate term (someone passing Intermediate in December cannot sit Final the next June), and must complete the Industry Oriented Training Programme and 15 months of practical training before appearing in both or the remaining group(s).
Admission to Foundation, registration to Intermediate and enrolment to Final must be done by 31 July for a December term (31 January for a June term). For December 2026 this deadline was extended to 4 August 2026, as reported by CareerIndia.
What is the ICMAI CMA exam pattern?
Every CMA paper carries 100 marks, and all three levels are held offline at exam centres in about 150 Indian cities and at Bahrain, Dubai and Muscat.
| Level | Papers | Format and timing (December 2026) |
|---|---|---|
| Foundation | 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 | 50 MCQs of 2 marks per paper on OMR sheets, no negative marking. Papers 1 and 2 from 10 AM to 12 noon, Papers 3 and 4 from 2 to 4 PM |
| Intermediate Group I | Paper 5: Business Laws and Ethics; Paper 6: Financial Accounting; Paper 7: Direct and Indirect Taxation; Paper 8: Cost Accounting | 3 hours per paper, 2 to 5 PM |
| Intermediate Group II | 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 | 3 hours per paper, 2 to 5 PM |
| Final Group III | Paper 13: Corporate and Economic Laws; Paper 14: Strategic Financial Management; Paper 15: Direct Tax Laws and International Taxation; Paper 16: Strategic Cost Management | 3 hours per paper, 10 AM to 1 PM |
| Final Group IV | Paper 17: Cost and Management Audit; Paper 18: Corporate Financial Reporting; Paper 19: Indirect Tax Laws and Practice; Paper 20: one elective (20A Strategic Performance Management and Business Valuation, 20B Risk Management in Banking and Insurance, 20C Entrepreneurship and Start up) | 3 hours per paper, 10 AM to 1 PM |
- Intermediate and Final papers of each group are held on alternate dates, so you can take both groups in the same term.
- Intermediate and Final candidates may write answers in Hindi; answer scripts that mix English and Hindi are liable to be cancelled.
- You choose the Paper 20 elective when you enrol for the Final course.
What are the stages of the CMA course?
The CMA course has three exam stages, and you clear each one before moving to the next.
- Foundation: the entry level for students after Class 12. Graduates and some other qualified candidates can skip it and register directly for Intermediate.
- Intermediate: eight papers in two groups. Passing both groups makes you eligible to enrol for Final.
- Final: eight papers in two groups, plus compulsory industry training and 15 months of practical training.
To pass, you need at least 40% in each paper and 50% in aggregate. The CMA result page explains the group rules and paper exemptions.
Official ICMAI CMA December 2026 Notices
- PDFIntermediate and Final Examination Time Table and Programme, December 2026 (13 August 2026)Official site · dwpivt501gtb6.cloudfront.netOpen
- PDFFoundation Course 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