CMA INDIA course details 2020 | ICMAI course complete details
March 06,2020

ICMAI 2020 | CMA INDIA course details - Subjects, Eligibility, Exam dates and Fee details

CMA is one of the most viable courses for students who wish to pursue a career in a professional commerce course, specifically - in areas of Cost Management Accounting. Many students want to know more about the CMA course subjects, CMA course syllabus, CMA exam dates 2020, CMA career prospects etc.

 In this article, we shall discuss about the following -

  • CMA course subjects - Foundation, Inter and Final
  • CMA course Eligibility - Foundation, Inter and Final
  • CMA course registration last date - Foundation, Inter and Final
  • CMA course fee details - Foundation, Inter and Final

Many students tend to confuse between CMA, ICWAI, ICMAI and CWA. So to clarify this, ICWAI has changed its name to ICMAI. And the course ICWAI has been renamed to CMA. Which means there is no difference between ICWAI and CMA, apart from the name.

The CMA exam consists of three levels:

  • Foundation
  • Intermediate
  • Final

We will talk about CMA course details and other aspects such as the last date for registration, fee details, eligibility etc.

In order to be a CMA, students have to complete three levels of CMA exams - CMA Foundation, CMA Inter and CMA Final.  Students who have passed their +2 exams are eligible for the CMA Foundation exams.

ICAI conducts the CMA foundation exam two times a year in months of June and December. If you have any graduate degree, you are exempted from ICMAI Foundation exams.

CMA foundation eligibility

  • A student should have completed the +2 exams.

CMA Intermediate eligibility

  • Student should have completed +2 and the foundation course for CMA India.
  • Completed graduation in any stream other than Fine arts
  • Foundation Entry level Part I exam of CAT
  • Passed Foundation of ICSI/Intermediate of ICAI along with 10+2

CMA foundation

Paper 1: Fundamentals of Economics and Management

Paper 2: Fundamentals of Accounting

Paper 3: Fundamentals of Laws and Ethics

Paper 4: Fundamentals of Business Mathematics & Statistic

CMA Inter

Paper 5 Financial Accounting

Paper 6 Laws, Ethics and Governance

Paper 7 Direct Taxation

Paper 8 Cost accounting and financial management

Paper 9 Operation Management Information System

Paper 10 Cost and Management Accounting

Paper 11 Indirect Taxation

Paper 12 Company Accounts & Audit

CMA Final

Paper 13- Corporate Laws and Compliance

Paper 14- Advanced Financial Management

Paper 15- Business Strategy & Strategic Cost Management

Paper 16- Tax Management and Practice

Paper 17- Strategic Performance Management

Paper 18- Corporate Financial Reporting

Paper 19- Cost and Management Audit

Paper 20- Financial Analysis & Business Valuation

Last date for registration for CMA exams 2020

 Students have to register 4 months prior to the exams.

CMA foundation registration details 
June exam of the same calendar year 10th Feb 2020
December exam of the same year 31st July 2020


CMA course fee details

At Lakshya we provide the classes for CMA Foundation and Inter. We provide classes for CMA India foundation classes are held in Kochi, Calicut, Kannur and Thrissur campuses. CA inter classes is held at Calicut campus.

CMA course fee details
Course 25,000 + GST
Intermediate 35,000 + GST


The course has good scope it will provide great career opportunities in firms such as big 4 companies, government offices.  


  • What is CMA India?

CMA India stands for Cost Management Accountant, this is course is awarded by ICWAI. It consists of three levels CMA Foundation, CMA Inter and CMA Final.

  • Who is eligible to attend the CMA India exam?

Any student who has completed their +2 or is a graduate from any discipline apart from fine arts can apply for the course.

  • How long is the CMA India course?

Students can clear the course within a span of 3-4 years. There are 3 levels with 20 papers.

  • Is articleship compulsory for CMA?

Yes, it is compulsory to undergo articleship training. It is mandatory to complete 6 months of practical training before appearing for either both groups or both groups before the examination.

  • Is ICWA and CMA the same?

Yes. There is no difference between ICWA and CMA. ICWA stood for Institute of Cost and Work Accountant whereas CMA stands for whereas,|
CMA stands for Cost Management Accounting. Apart from the change in name, they are the same.

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