The CMA course has become highly popular among commerce students. As a CMA student, you can understand the significant challenge posed by the CMA exam, which pushes the boundaries of your intellectual capabilities. To succeed in cracking the CMA exam, diligent preparation using suitable and adequate resources is necessary.
To excel in any endeavor, it's essential to grasp the fundamentals. Understanding what it entails and the requirements to succeed is crucial. If you aim for a high score in your CMA foundation exam, your first step is to comprehend the exam pattern by reviewing and practicing question papers.
Paper 1: Fundamentals of Economics and Management
Paper 3: Fundamentals of Laws and Ethics
Paper 4: Fundamentals of Business Mathematics & Statistic
Paper 2: Fundamentals of Accounting
CMA foundation consists of 4 papers carrying 100 marks each. The total duration of the exam is of 3 hours.
CMA Foundation Paper – Exam Pattern
CMA foundation paper wise marking scheme. There is no negative marking in CMA exams.
Paper 2 - Fundamentals of Accounting
Money and banking - 10%
Management process - 50%
Preparation of final accounts - 25%
Accounting for special transaction - 20%
Accounting Fundamentals - 35%
Fundamentals of cost accounting - 20%
Paper 1 - Fundamentals Of Economics And Management
Basic concepts of economics - 20%
Forms of market - 20%
Measures of Central Tendency and Dispersion - 30%
Paper 4 - Fundamentals of business mathematics and statistics
Negotiable Instruments Act,1881 - 10%
Ethics and Business - 30%
Statistical representation of Data - 10%
Algebra - 20%
Arithmetic - 20%
Correlation and Regression - 10%
Paper 3 - Fundamentals of laws and ethics
Indian Contracts Act, 1872 - 40%
Sale of Goods Act, 1930 - 20%
Probability - 10%
Solving question papers aids in planning studies effectively by prioritizing topics based on identified strengths and weaknesses.
Solving multiple question papers per subject creates a sense of familiarity, leading students to approach the actual exam with ease.
Regularly solving previous year question papers helps students evaluate the best way to write answers during exams.
Self-assessment through solving question papers allows students to understand areas that require more focus and improvement.
Analyzing previous year papers helps students identify their strengths and weaknesses in the subject.
It enables effective time management as students become familiar with the exam format and learn to allocate time accordingly.
Practicing previous year papers allows candidates to practice questions that may appear in the exam hall.
It boosts students' confidence by making them feel well-prepared for the exam.
Create a dedicated exam-like atmosphere, free from books or notes, and allocate a proper 3-hour time slot for attempting the papers.
Instead of attempting the papers topic-wise, wait until you have covered all the subjects to better understand the questions.
Before attempting the previous year question papers, ensure that you have thoroughly studied the course material.
Avoid referring to the solutions at the beginning or during the questions; if you're unsure about a question, leave it for later.
Learn what information to include in your answers and avoid providing excessive details. Understanding the marking scheme is crucial as well.
After completing the exam, carefully analyze the exam pattern, the types of questions asked, and the frequency of certain topics.
CMA foundation question papers from previous years can alleviate your concerns by providing insight into the paper format.
Feeling stressed about the CMA foundation level paper and its pattern is natural since it is the first level of the exam.
Previous year question papers are highly valuable for CMA students as questions often repeat or have similar patterns with different values.
The ICMAI website offers the CMA Foundation question paper with answers in PDF format. They provide previous year question papers for all foundation subjects. Alternatively, you can visit TopLad's website, where we also provide a collection of previous year question papers. To access CMA previous year papers, click on the following link: