CMA Intermediate

CMA Inter syllabus consists of two groups that students have to clear in order to move on to the CMA Final. CMA Inter syllabus along with CMA Inter subjects both groups are mentioned down below. 

 

Eligibility Criteria

1. Passed Senior Secondary School Examination  /  Higher Secondary Examination (10+2) and Foundation Course of the Institute of Cost Accountants of India
2. or qualified the Foundation (Entry Level) Part I Examination of Certificate in Accounting Technicians (CAT) Course of the Institute of Cost Accountants of India
3. or Degree examination of any recognized University
4. or Pursuing Engineering Course (having completed 2nd year/ Semester IV/equivalent)
5. or Qualified Engineers or equivalent in any subject other than music, dancing,photography, painting & sculpture, and the likes

 

Provisional Registration

Students who appeared in a degree examination and are awaiting result may apply for provisional registration in the prescribed form to the respective Regional Council Office/Chapters/ROCC/CMA Support Centers.

They should submit the pass result within the stipulated time period of 18 (eighteen) months from the date of such Provisional Registration to the respective Regional Council Office/Chapters/ROCC/CMA Support Centers.

Failure to submit the pass result within the prescribed time limit tantamounts to cancellation of the provisional registration and forfeiture of the total fee paid.

All correspondences from foreign students should be addressed to Directorate of Studies, “The Institute of Cost Accountants of India”, CMA Bhawan, 12, Sudder Street, Kolkata - 700 016, India

 

Direct Entry To CMA Intermediate

(Without Appearing CMA Foundation)

Below mentioned is a list of qualifying examinations after which a student can take direct admission in CMA Inter without appearing in CMA Foundation:

1. A degree Examination of any recognized University or equivalent.
2. A degree (honours) Examination of any recognized University;
3. Pursuing Engineering Course (having completed 2nd year/ Semester IV/equivalent) or Qualified Engineers-Direct Admission to Intermediate Course.
4. A Master Degree Examination of any recognized University or any of the Indian Institute of Management;
5. An Engineering Degree Examination of any recognized University or any of the Indian Institute of Technology or the Indian Institute of Science;
6. The Final Examination of the Institute of Chartered Accountants of India or England and Wales, or Scotland or Ireland or the Final Examination of the Chartered Institute of Management Accountants, London, or of the Final Examination of the Institute of Company Secretaries of India; Final Examination of the Association of Chartered Certified Accountants, U.K.
7. The Foundation Course Examination of this Institute;
8. Entry Level-Part I Examination of Certificate in Accounting Technicians (CAT) course of this Institute.
9. Entry Level-Part I Examination and Competency Level Part II Examination of Certificate in Accounting Technicians (CAT) course of this Institute can seek admission to Intermediate Course of Institute.
10. Section ‘A’ and Section ‘B’ Examinations of the Institution of Engineers (India) or equivalent;
11. Subordinate Accounts Service Examination conducted by the Central/State Government Organisations;
12. Part-I and Part-II of Banking Examinations styled C.A.I.I.B.;
13. Any other examinations as may be recognized by the Council for the purpose of admission as a registered student of the Institute.
14. Qualified in the Foundation Course Examination conducted by the Institute of Company Secretaries of India.
15. Intermediate (by whatever name called) Examination qualified students of the Institute of Chartered Accountants of India.

 

Procedure To Take Admission In CMA - Intermediate

1. Prospectus along with the Registration Form will be available at Regional Council Offices, Chapters and Recognized Oral Coaching Centres and CMA Support Centres
2. A candidate seeking registration as a student should submit duly filled in Registration Form and Identity Card which are enclosed with the prospectus to the respective Regional Council Office/Chapters/ROCC/CMA Support Centres
3. Students from foreign countries should submit the forms to the Headquarters only
4. Copies of document giving the proof of qualification are to be furnished
5. Every student on registration will be allotted a Registration Number
6. The student will be issued Identity Card
7. Course fees once paid & Admission/Registration/ Enrollment being completed, will not be refunded.
8. Only in case of application for Registration not being accepted by the Institute, the fee may be refunded subject to a deduction of 10% of the amount towards processing charges
9. Registration must be completed at least 4 (four) months prior to the commencement of Examination
10. Admission can also be taken online. For details visit https://eicmai.in/students-new/Home.aspx\

 

Documents to be enclosed with application form

1. Passport Photo (JPG/JPEG | 200 KB)
2. Specimen Signature (JPG/JPEG | 100 KB)
3. Age Proof (PDF | 300 KB)
4. 10th Pass Marksheet (PDF | 300 KB)
5. 12th Pass Marksheet (PDF | 300 KB)
6. Qualifying Exam Marksheet (PDF | 300 KB)

 

When to apply

For June term examination

On or Before 31st January of the same calendar year

For December term examination

On or Before 31st July of the same calendar year

 

CMA Inter Fees

CMA Inter Registration Fees (Both Group) – Rs.23,100 which can also be paid in two Instalments.

1. 1st Instalments Rs.12,000 and 2nt Instalments Rs.11,100.
2. Payable on or before 31st January for June term and 31st July for December term of examinations

Examination Fee of CMA Inter Course Rs.1200 per Group

 

CMA Inter Syllabus

CMA Inter syllabus has been divided into two groups. CMA Inter subjects both groups are provided down below.

GROUP – I

1. Financial Accounting (Paper-5)
2. Laws and Ethics (Paper-6)
3. Direct Taxation (Paper-7)
4. Cost Accounting (Paper-8)

GROUP – II

1. Operations Management & Strategic Management (Paper-9)
2. Operations Management (Paper-9A)
3. Strategic Management (Paper-9B)
4. Cost & Management Accounting and Financial Management (Paper-10)
5. Cost & Management Accounting (Paper-10A)
6. Financial Management (Paper-10B)
7. Indirect Taxation (Paper-11)
8. Company Accounts (Paper-12A)
9. Audit (Paper-12B)

 

Subject Exemption Scheme

1. Reciprocal Exemption under Syllabus 2016 based on ICSI Qualification - Refer website www.icmai.in - student section for details.
2. Candidates having obtained exemption in a paper or papers of a Stage of Intermediate examination by virtue of passing a Group/Stage or earning exemption in individual paper/s under any Syllabus prior to Syllabus 2016. Refer website www.icmai.in - student section for details.
3. Exemption for Graduate Engineers/equivalent under Syllabus 2016 - Refer website www.icmai.in - student section for details.
4. Exemption for LLB qualified under Syllabus 2016 - Refer website www.icmai.in - student section for details.
5. Exemption for ACCA - U.K qualified students under Syllabus 2016 - Refer website www.icmai.in - student section for details.
6. CIMA- UK & ACCA-UK qualified students who have already obtained exemption under syllabus 2012 are eligible to get the subject exemption in corresponding papers under Syllabus 2016 as per MOU for syllabus 2012 Refer website www.icmai.in - student section for details.
7. Application for qualification based Subject Exemption can be made online. (For details visit: www.icmai.in -student section - Value Added Services).

 

Training during CMA Intermediate Course

A student registered for Intermediate Course under the Syllabus 2016, has to undergo compulsory Coaching, SAP Training, Skill & Practical Training

Skills Training

1. ‘Skills Training’ is designed to provide students with the targeted training they need to gain the knowledge and abilities necessary to fulfil the specific requirements of their job positions.
2. As a long-term vision of the Institute and professional social responsibility towards the society and being an organisation under the administrative control of the Ministry of Corporate Affairs, Government of India, the Institute needs to ensure that the students pursuing the CMA Course should possess and acquire robust employability skills to cope with the global challenges and become a future-ready professional. Hence, the Institute has introduced mandatory SAP Finance Power User Training & Certification, Microsoft Office Training & Certification, Cambridge University Press Soft Skill Training & Certification and E-filing Training & Certification as a bouquet of World Class Employability and Techno-Skill Training facilities for its Intermediate Students from August 2020 Batch onwards.
3. ‘Skills Training’ and associated assessment tests are mandatory to be eligible to appear in both/remaining group(s) of CMA Intermediate Examinations. However, a student can appear in a single group (either first or second group and not the both/remaining group) of Intermediate Examinations without completing ‘Skills Training’ and associated assessment tests.

   However, Directorate of Studies recommends that the eligible students should start ‘Skills Training’ activities from the very beginning to their registration in the Intermediate Course. There is no exemption scheme for ‘Skills Training’ and it is mandatory for the students taken registration in the Intermediate Course on or after 11th August 2020.

4. ‘Skills Training’ modules are designed to be accessed as self E-Learning system to be completed in 140 hours comprising all modules
5. The Directorate of Studies (Training & Placement) provides additional 140 hours of ‘Skills Training’ sessions for all eligible Intermediate students to be imparted through online mode only
6. Certified trainers and domain experts are the mentors of Online ‘Skills Training’ sessions
7. Schedule of Online Live Skills Training sessions with convenient timing will be announced in advance
8. Online Link for the Skills Training Sessions will be activated 60 Minutes before the scheduled time of each session
9. Eligible Intermediate students may be divided into batches conveniently
10. All online sessions will be recorded and will be made available in the Skills Training Portal for free access to the target students
11. The Directorate of Studies may modify the modalities time to time with prior announcement.

Skills Training Assessment

1. Assessment Test is mandatory
2. Assessment Test will be conducted in online mode only
3. Exam Slots for Online Assessments will be announced in advance
4. MCQ based questions will be set
5. There will be no negative marking in the assessment test
6. Each Assessment Test will be of 100 marks [SAP – 50; Microsoft – 30; E-Filing – 20]

An Intermediate Student must obtain at least 50% marks in aggregate in the ‘Skills Training’ modules within stipulated time to be eligible to appear in both/remaining group(s) in CMA Intermediate Examinations.

 

Financial Assistance To Economically Challengedcum-meritorius Students

Institute continues its endeavour further in promoting and propagating the profession and education of cost and management accountancy to reach the unreached. As a part of professional social responsibility and to empower Intellectual Capital in the country, Institute has taken initiative to support economically challenged yet intellectually talented students by providing financial assistance. For further details of the scheme - please refer to Website: www.icmai.in

 

Oral Vs. Postal Scheme

Postal Coaching

1. A student desirous of undergoing Postal Coaching need to opt for same at the time of admission in CMA Inter
2. Foreign Student shall have to undergo Tuition through Postal Coaching only.
3. Application in the prescribed form must be sent at Headquarters to Directorate of Studies, “THE INSTITUTE OF COST ACCOUNTANTS OF INDIA”, CMA Bhawan, 12, Sudder Street, Kolkata-700016, India
4. The Identification Number/Registration Number should be clearly and correctly quoted in all correspondence with the Directorate of Studies, Kolkata and the Regional Council
5. Any change in student’s address should immediately be communicated to the Directorate of Studies at Headquarters and the respective Regional Council
6. Enrolment for coaching (Postal or Oral) must be completed at least 4 (four) months prior to the month of Examination
7. Study Materials for each subject are provided to the students

 

Oral Coaching

• A student desirous of pursuing the course under Oral Coaching has to get admitted in a Regional Council or Chapter or Recognized Oral Coaching Centre or CMA Support Centre with coaching facilities at the time of admission in CMA Inter
• Duration of Oral Coaching for a group in Intermediate/ Final Course is 4 months having a minimum of 240 lecture hours for Lectures and Tutorial classes per group
• Each lecture hour shall be of 45 minutes duration
• A student has to appear for examination for each subject conducted by the Regional Council/ Chapter/ Oral Coaching Centre.

 

A. “Students opting Postal Coaching Scheme can –

• Register and pay on-line, either by credit card, debit card or Net Banking;
• Intermediate & Final Students can avail the installment facility under Syllabus 2016.
• Deposit the prescribed fee in cash at any branch of Punjab National Bank, IDBI Bank or Central Bank of India (on specified challan, available in the students download section at www.icmai.in)

 

B. Students opting Oral Coaching Scheme can –

• Register and pay on-line, either by credit card, debit card or Net Banking;
• Intermediate & Final Students can avail the installment facility under Syllabus 2016.
• Deposit the prescribed fee in cash at any branch of Punjab National Bank, IDBI Bank or Central Bank of India (on specified challan, available in the students download section at www.icmai.in).

 

Passing Criteria

1. Pass in a Group in Intermediate /Final Examination: A candidate shall be declared to have passed in a group of an examination, if he secures minimum 40% marks in each paper of the group and an aggregate of 50% of total marks of nonexempted papers of that group
2. A candidate will be declared passed in an examination if he passes all groups in that examination
3. A candidate who has passed the examination obtaining 70% marks of total marks of all papers of Intermediate or Final examination at one sitting shall be deemed to have passed the examination with distinction
4. Exemption: If a Candidate is unsuccessful in passing a group but secures 60% or more in any paper or papers, he shall be exempted in the paper from appearing in subsequent examination. For calculation of aggregate in the subsequent examination of the group, the marks in each of the exempted papers will be reckoned as 50
5. Carry Forward of Marks: If a candidate is unsuccessful in passing a group but secures 60% or more in any paper and minimum 40% marks in each of the remaining papers of the group at a time, he shall be exempted in that paper from appearing in subsequent examination and allowed the benefit of carry forward of actual marks of that paper in his subsequent examination of the group
6. The benefit of exemption or carry forward of marks mentioned above, shall automatically cease if a candidate, on his own, appears in any examination for such exempted paper(s)
7. The benefit of carry forward/exemption is allowed for the immediately successive three terms of Examination from the term in which the exemption is secured in the paper(s) by appearance in examination
8. The benefit of carry forward in a paper earned by a candidate in the examination under Syllabus 2012 will be treated as only exemption in the corresponding equivalent paper(s) in Syllabus 2016. For details of exemption mapping between the two Syllabi, please see website: www.icmai.in
9. An examinee: Who appears for both Groups of Intermediate or Final Examination, with or without any exemption : – obtains at least 40 percent marks in each paper appeared; and also obtains at least 50 percent marks in aggregate, taking both the Groups together shall be declared to have qualified Intermediate Course or Final Course, as the case may be.
10. Students who have not appeared in examination under syllabus 2012, no credit of passing/qualifying in any group would be offered to such student since they have not appeared under syllabus 2012. They need to appear and pass both group of Intermediate/Final under syllabus 2016.

 

 

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