CMA Inter is the second stage of the professional course of Cost Accountancy. The Inter stage is basically designed to inculcate skills and competence of Inter program passed students. The main objective is to make students capable and competent to act as Costing Executive in companies or in professional and consultancy firms).
It’s a national level examination. Students are more inclined in understanding the concepts of costing and management accounting and applying them in the practical work of field, they usually opt for this course instead of Company Secretary or Chartered Accountancy Course.
The different stages of examination includes the following-
- Foundation Programme
- CMA Intermediate Programme
- CMA Final Programme
Students can apply for the inter program through the foundation programme or direct entry route provided by the Institute of Cost Accountants of India.
| Intermediate Course: | |
| Eligibility for Admission: | |
| (a) | Passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India/ Graduation in any discipline other than Fine Arts/ Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute |
| (b) | Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2. |
| (c) | List of other qualifying examination are given vides Annexure VI of prospectus. Incumbents waiting for the result can apply for provisional admission |
| Fee: | |
| Cost of Prospectus – Rs. 250/- C | |
| Documents to be enclosed with application form: | |
| 1. | Attested Copy of Matriculation Certificate |
| 2. | Attested copy of 10+2 Certificate or Marks Statement |
| 3. | Attested copy of the degree |
| 4. | 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application) |
| (Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college) | |
| When to apply: | |
| Intermediate: | |
| Registration for the ICAI course is open throughout the year However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year. | |
| Where to apply: | |
| All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils / Chapters only. Regional Councils and area covered by the region are given below: | |
| Address of Regional Councils | Area Covered |
| Western India Regional Council “Rohit Chambers”,4th Floor Janmabhoomi Marg,Fort Mumbai – 400 001 Ph : 022-22872010/ 22841138/ 22043406/ 22043416 Fax : 91- 022- 22870763 Email: wirc@icmai.in Web site : www.icwai-wirc.org | The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli. |
| Southern India Regional Council 4, Montieth Lane, Egmore,Chennai – 600 008 Ph:044-28554443/28554326/28528219 Fax : 91- 044- 28554651 Website: www.sircoficwai.com Email: sirc@icmai.in | The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep |
| Eastern India Regional Council 84, Harish Mukherjee Road,Kolkatta – 700 025 Ph : 033 -24553418 /24555957 Fax : 91 033-2455-7920 Email: eirc@icmai.in | The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries. |
| Northern India Regional Council 3, Institutional Area, Lodi Road,New Delhi – 110 003 Ph : 011 – 24626678 / 24615788 Fax : 24622156 Email: nirc@icmai.in | The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh. |
| Candidates of Intermediate and Final Examinations are allowed to exercise option for answering questions in Hindi Students opting for oral coaching should contact respective Regional Council office or Chapters | |
Fees for Payment while doing registration for examination for CMA Inter
| Intermediate |
| 1. To be eligible for appearing in Intermediate examinations, the 2nd Installmentamounting to ` 11,100/- must be payable on or before 31st January for Juneterm and 31st July for December term of examinations.2. If the student fails to pay 2nd installment within the prescribed time limit asmentioned in point no. 1, the installment facility will be still available tillnext 3 Consecutive terms. The 2nd installment is to be paid within the cutoff dates (on or before 31st January for June term and 31st July forDecember term of examinations).3. No student can appear for Intermediate examination without paying 2ndinstallment.4. Failure to pay the 2nd installment within the prescribed time limits asmentioned in point no. 1 & 2, will lead to forfeiture of the amount alreadypaid as 1st Installment.5. After paying 1st installment student will get study materials of both groupsand can opt for oral/postal coaching of either Group (Group I/II) forIntermediate as per the choice of the student.6. After paying 2nd Installment student will be eligible to opt for oral/postalcoaching of remaining group and ‘Skills Training” and other training asapplicable. |
RESCHEDULED INTERMEDIATE EXAMINATION TIME TABLE & PROGRAMME – JUNE 2023
| Date | Day | Time | PROGRAMME FOR SYLLABUS 2016 | PROGRAMME FOR SYLLABUS 2022 |
| 15th July, 2023 | Saturday | 2.00 P.M. to 05.00 P.M | Financial Accounting (P-05) | Business Laws and Ethics (P-05) |
| 16th July, 2023 | Sunday | 2.00 P.M. to 05.00 P.M | Operations Management & Strategic Management (P-09) | Operations Management and Strategic Management (P-09) |
| 17th July, 2023 | Monday | 2.00 P.M. to 05.00 P.M | Laws & Ethics (P-06) | Financial Accounting (P-06) |
| 18th July, 2023 | Tuesday | 2.00 P.M. to 05.00 P.M | Cost & Management Accounting and Financial Management (P-10) | Corporate Accounting and Auditing (P-10) |
| 19th July, 2023 | Wednesday | 2.00 P.M. to 05.00 P.M | Direct Taxation (P-07) | Direct and Indirect Taxation (P-07) |
| 20th July, 2023 | Thursday, | 2.00 P.M. to 05.00 P.M | Indirect Taxation (P-11) | Financial Management and Business Data Analytics (P-11) |
| 21st July, 2023 | Friday | 2.00 P.M. to 05.00 P.M | Cost Accounting (P-08) | Cost Accounting (P-08) |
| 22nd July, 2023 | Saturday | 2.00 P.M. to 05.00 P.M | Company Accounts & Audit (P-12) | Management Accounting (P-12) |
Study Plan for CMA Intermediate Exam
At the outset, every student has to ensure following-
- Proper timetable allotting required time for each subject is required to be made
- Complete and primary focus should be on the institute’s study material
- Frequent and proper revision of the entire syllabus at least 3-4 times is a must.
- Making summary notes for all the subjects for quick revision
- Practice a lot of MCQs to maintain speed and accuracy for the objective type question papers
- Regular practice of attempting Previous Year Question Papers will help in analyzing the trend of Examination.
- If required , the students can also enrol for the test series. It will help in time management and practice.
Study Plan for CMA Intermediate Examination
1. Ensure complete understanding of the CMA Intermediate Study Material
The Institute provides study material for the candidates preparing for CMA Intermediate exam. Go through those study materials along with some reference books as recommended by experts. Conceptual understanding and correlations among various topics are the best strategies you can adopt while preparing for theoretical topics because everything is correlated. Don’t focus on memorizing, but understanding and analyzing the topic.
2. Practice of making notes
While studying the chapters make short and handy notes of the topics. This will not only help in noting down the important points but also help in remembering the topics for the future. Keep a small notebook handy while studying a new chapter. Focus on writing for theoretical subjects. It will not only improve the writing speed but also help remember the topics easily. Practice as much as you can before the exams, do the writing instead of just learning formulas.
3. Start with a proper Time Table
Prepare a timetable or study routine so that all the CMA Syllabus is covered within a given time period. It is necessary to dedicate most of the time to CMA exam preparation. The aim should be to complete one chapter at a time. After doing that, refer to the practice manual, scanner, and gauge if the coverage is maximum.
Time tables can be made on a weekly or monthly basis with breakups in between.
4. Setting targets
Set targets for a day that is achievable. Do not set such targets which are impossible to achieve. It will only lead to exam burden and not help in any way. Aspirants must try to finish the entire syllabus at least three months before the main exam. One and a half months should be dedicated for revision. During the revision phase-only go through the previous chapters which are completed, and focus on improving the weaknesses
5. Analysing the actual performance very week
Analyze every week’s target and check if there are any backlogs. Monitor the effort put in and revise the schedule accordingly.
6. Never Do following-
- Never go with selective topics, go through each and every concepts and chapter thoroughly.
- Never refer old study material. Before every attempt, you can find all the supplements, practice paper, CMA Study Material, amendment of all sorts in every subject
- Try to finish your revision beforehand, do not leave anything undone or partly done. Time management is the key.
