The Institute of Cost Accountants of India (ICMAI) has started accepting registrations for the CMA Foundation exam for the June 2024 session. The last date to register for the exam is January 31, 2024 specified period to be eligible to take the exams. The exam is to be held on 16th June.
Exam Pattern
The CMA Foundation exam is an entry-level examination for candidates who want to pursue a career in cost and management accounting. The exam is held twice a year, in June and December.
The CMA Foundation exam consists of 4 papers, each carrying 100 marks. The exam is conducted in two sessions, with two papers in each session. The exam is conducted in offline (centre based) mode.
Fees
The registration fee for the CMA Foundation exam is Rs. 6,000, which can be paid online or through postal mode.
Eligibility
To register for the CMA Foundation exam, candidates must meet the eligibility criteria set by ICMAI. Candidates should have passed class 10 or equivalent exam from a recognized board or institution. Additionally, candidates should have passed the Senior Secondary Examination under the 10+2 scheme of a recognized board or examination recognized by the central government or have passed the National Diploma in commerce examination conducted by AICTE or any State Board of Technical Education under All India Council, or the Diploma in Rural Service examination conducted by the National Council of Higher Education.
Syllabus
The CMA Foundation course consists of 4 subjects, namely:
Paper 1: Fundamentals of Business Laws and Business Communication (FBLC)
Paper 2: Fundamentals of Financial and Cost Accounting (FFCA)
Paper 3: Fundamentals of Business Mathematics and Statistics (FBMS)
Paper 4: Fundamentals of Business Economics and Management (FBEM)
Step by step tutorial to register
Here’s a step-by-step guide to register for the CMA Foundation June 2024 exam:
1. Visit the official website of the Institute of Cost Accountants of India (ICMAI) at [icmai.in]
2. Click on the “Students” tab on the menu bar.
3. Click on the “Online Services” option from the drop menu.
4. Select the “Students” option from the next drop-down menu.
5. Click on the “Foundation” option under the “Course/Programme” section.
6. Fill in the required details such as personal information, educational qualifications, and contact information.
7. Upload a scanned copy of your passport-sized photograph and signature.
8. Pay the registration fee of Rs. 6,000 through online or postal mode.
9. Submit the application form.
Additional points to remember
Here are some additional important points to keep in mind while applying for the CMA Foundation Examination:
- The application process for the Foundation Examination requires online submission of forms, and the fees are accepted through online modes, including the Payfee Module of IDBI Bank. However, candidates from overseas must apply offline and send a Demand Draft along with the application form.
- To apply online, candidates can log in to the website www.icmai.in and use the payment gateway for transactions via Credit/Debit card or Net banking. Alternatively, the requisite fee can be paid through the pay-fee module of IDBI Bank.
- The deadline for submitting Examination Application Forms is April 16, 2024. There will be no extensions beyond this date for the June 2024 examination.
- The Foundation Examination will be conducted in Multiple Choice Question (MCQ) mode through an offline OMR-based system. Each paper will be worth 100 marks, consisting of 50 Multiple Choice Questions, with each question carrying 2 marks. Candidates are required to appear at designated offline OMR-based centers.
- Only candidates who fulfill all the conditions for examination eligibility as per the regulations will be allowed to participate.
- There is no negative marking in the exam.
The results of the Foundation examination are expected to be published no later than July 11, 2024.
In conclusion, the CMA Foundation exam is an important step for candidates who want to pursue a career in cost and management accounting.
The registration process for the June 2024 session is currently open, and candidates who wish to appear for the exam should complete the registration process before January 31, 2024.
The exam consists of four papers, each carrying 100 marks, and is conducted in offline mode. The registration fee for the exam is Rs. 6,000, which can be paid online or through postal mode.
ICMAI CMA Exam Dates June 2024 for Foundation, Inter & Final
What is the Cost Management Accountant CMA Salary in India?
Is the CMA Foundation Exam tough?
CMA Intermediate Exam Old Syllabus vs. New Syllabus
