Exam Conducting Body:Institute of Cost Accountants of India (ICMAI)
ICMAI CMA Foundation 2021: Result(Announced), Application Form
Updated On - September 24 2021 by Akriti Maurya
ICMAI CMA Foundation 2021 is a national level exam that gets conducted twice a year in June and December. The exam was held on 05 September for which the result has been announced on 24 September. There are 4 papers in the foundation exam which the candidates need to qualify. Once a candidate qualifies for the Foundation exam, then the candidate becomes eligible for the Intermediate exam. On passing the Intermediate exam, the candidate can apply for the final exam. The candidates need to go through the complete article to know all information about CMA Foundation Exam 2021 important Dates, Application Form, Eligibility Criteria, Exam Pattern, Syllabus, Admit Card, etc.
ICMAI CMA Foundation 2021 Exam Status
Candidates can check ICMAI CMA Foundation status from below:
ICMAI CMA Foundation Status
ICMAI CMA Foundation June exam 2021 result
ICMAI CMA June 2021 exam result has been announced on 24 September.
ICMAI CMA Foundation 2021 Important Dates
Candidates can check the important dates and events regarding the CMA Foundation 2021 form the below-given table:
Important Datesfor June session
Important dates for Dec session (Tentative)
Last Registration Date for the Foundation Course
30 May 2021
05 September 2021
To be Announced
Stages for Becoming CMA
The candidate has to clear three stages for becoming a Cost and Management Accountant as follows:
ICMAI CMA Foundation 2021 Results
A list of successful candidates in the CMA Foundation examination will be published by the ICMAI Council in the result declaration. Candidates should refer to the points given below for details related to result announcement by ICMAI:
Marksheet for Foundation Examination has to be downloaded from the website only. No hard copy of the mark sheet will be sent for Foundation Examination.
The downloaded mark sheet will be treated as an authentic document for admission in the Intermediate Course of the Institute.
A duplicate mark sheet of an examination held within 5 (five) years will be available on payment of fees of Rs. 100/-.
A Pass Certificate / Rank Certificate will not be given to candidates who pass the Foundation examination.
Only candidates passing Intermediate will be issued with Pass Certificate. However, Candidates passing the Final Examination will be issued with Pass Certificate in such manner as the Council may direct.
In case the result of a candidate in an examination has been affected by error or fraud or using unfair means during the examination, the Examination Committee shall have the power to amend the result suitably.
ICMAI CMA Foundation 2021 Admit Card
Candidates can get their ICMAI CMA 2021 Hall Ticket on the official website via online mode. Candidates canreview the following points relevant to the admit card:
Admit cards will not be sent by post or courier to the candidate.
Candidates need to log in with their registration number to download the admit card.
Candidates must keep the printout of their admit card for examination.
The admit card contains details like - Centre of the examination, Timings, Candidate Name, Registration number, etc.
ICMAI CMA Foundation 2021 Exam Pattern
Candidates must refer to the ICMA CMA Foundation 2021 Paper Pattern before going ahead with the preparation or registration in the Foundation Course. They can check the exam pattern and the information given below to get an entire idea of the same. With a syllabus subject, a percentage of weightage is shown against each subject-section/topic. This is given as a guide to the percentage of research time each subject needs. Applicants must check the CMA foundation question paper pattern before starting the preparation for the exam. The weighting of the sample also indicates the approximate proportional distribution of marks that may be assigned to subjects in any single examination. The weighting of the sample also indicates the approximate proportional distribution
Candidates can check below the partition of the syllabus and the duration of the examination:
CMA Foundation 2021 Question Pattern
Mode of Examination
Duration of the Exam
ICMAI CMA Foundation 2021 Syllabus
Following is the syllabus for CMA Foundation for all the Four papers.
Paper 1: Fundamentals of Economics and Management (FEM)
Section – A Fundamental of Economics
Section – B Fundamental of Management
– Basic Concepts of Economics – Micro & Macro – Forms of Market – Money and Banking
– Management Process
Paper 2: Fundamental of Accounting (FOA)
Section – A Fundamental of Financial Accounting
Section – B Fundamental of Cost Accounting
– Accounting Basics – Accounting for Special Transactions – Preparation of Final Accounts
Fundamentals of Cost Accounting
Paper 3 : Fundamental of Laws and Ethics
Section – A Fundamental of Commercial Laws
Section – B Fundamental Of Ethics
Indian Contracts Act, 1872
Sale of Goods Act, 1930
Negotiable Instruments Act, 1881
Ethics and Business
Paper 4 : Fundamental of Business Mathematics and Statistics (FBMS)
Section – A Fundamental of Business Mathematics
Section – B Fundamental of Business Statistics
– Arithmetic – Algebra
– Statistical Representation of Data – Measures of Central Tendency and Dispersion – Correlation and Regression – Probability
Job Opportunities for CMAs
Cost & Management Accounting
Systems Analyst & Systems Management
Auditing, Internal Control
Tax Management - Direct and Indirect Tax
Capital Market Analyst, Fund Manager
Process Analysis in BPO/KPO Sector
Implementing Business Intelligence Systems
Professors in Accounting & Finance
Opportunities for pursuing a PhD.
ICMAI CMA Foundation 2021 Application Form
ICMAI CMA Foundation 2021 online application forms have already been released by the conducting authorities. The last date for admission into the foundation course. Candidates must read the given below points regarding CMA 2021 application forms:
Application forms will be available through online mode only. No application would be entertained in offline mode.
Candidates opting for overseas centres have to apply offline and send Demand Draft (DD) along with the form.
Candidates must pay the fees after filling application for the completion of the application process.
CMA Foundation registration for June 2021 term examination, candidates need to visit the ICMAI official site.
After selecting the 'Foundation' option, the candidate needs to select the coaching type - Oral or Postal.
In the next screen, the applicant needs to fill in and complete the following sections of the online application form:
Once the candidate has successfully uploaded all the above scanned documents & make payment online, he/she will receive a welcome message.
Identification/ Registration Number will be generated only after the completion of document verification and authentication from the Directorate of studies.
Study Material will only be dispatched after the generation of Identification/ Registration Number.
Candidates need to complete the application form comprising every step within 30 days from the date of the original application.
The life of an incomplete application would be a maximum of 30 days(T+30) and after 30 days, the application will be physically deleted from the database.
ICMAI CMA Foundation 2021 Application Fees
Candidates can check the ICMAI CMA Foundation 2021 course application fee for the June term examination in the given below table:
CMA Foundation Course Fees
CMA Coaching Option
ICMAI CMA Foundation 2021 Examination Fees
Foundation Course Examination Fee - June Term
Mode of Examination: Candidates have to make payment through Credit/Debit card or Net banking. Students can also pay their requisite fee through the pay-fee module of IDBI Bank.
ICMAI CMA Foundation 2021 Eligibility Criteria
Candidates are advised to check their ICMAI CMA Foundation 2021 Eligibility before applying for the course as well as the examination. As the eligibility for the application to the course and the exam contains different points and information, the same has been given below separately.
ICMAI CMA Foundation 2021 Course Eligibility
Candidate must check the CMA Foundation 2021 Course eligibility before applying for the exam which is given below:
Candidates must have passed the Class 10th or equivalent from a recognised board or institution, or
Passed the Senior Secondary School Examination under the 10+2 scheme of a recognised Board, or
Passed an examination recognised by the Central Government as equivalent thereto, or
Candidate must have as passed the National Diploma in Commerce Examination held by the All India Council for Technical Education, or
Passed any State Board of Technical Education under the authority of the said All India Council, or
Passed Diploma in Rural Service Examination conducted by the National Council of Rural Higher Education.
Candidates who have passed the Foundation test carried out by the Indian Institute of Company Secretaries
would be exempted from the Foundation Course and vice versa, or exempted from the Foundation Course.
Those applicants who have passed the Intermediate Examination (by whatever name called) conducted by the Institute of Chartered Accountants of India will be exempted from Foundation Course are also eligible for the post. Similarly, any applicant who has passed the Intermediate Examination will be exempted from the Traditional Proficiency Test conducted by the Institute of Chartered Accountants of India (i.e. the entry-level examination, by whatever name).
The Foundation Course exempts applicants who have passed the qualifying test for direct entry to the Intermediate Course.
Admission to the course must be done 4 months before the commencement of the examination.
Course Scheme for Foundation Course- A student taking admission in Foundation Course has to undergo coaching - Oral or Postal.
Students under Postal or Oral Coaching will be provided with study material of the institute.
A student will be presented with a Coaching Completion Certificate on successful completion of Postal/aural Coaching.
ICMAI CMA Foundation 2021 Examination Eligibility
The following criteria must be met by an applicant for admission to the Foundation examination:
He/she should have a valid Identification Number.
The candidate is not debarred from appearing in the Foundation Course examination of this Institute.
The candidate has submitted the Examination form duly filled in within the specified time. The form needs to be submitted along with the requisite fees as fixed by the Council from time to time to the Directorate of Examination.
ICMAI CMA Foundation 2021 Highlights
Candidates can refer to the table below to gather the highlights of ICMAI CMA Foundation 2021 exam in one-view:
This is a Foundation or basic exam to become eligible for the Intermediate level exam of the ICMAI CMA certification.
Institute of Cost Accountants of India
The Institute of Cost Accountants of India (ICMAI), formerly known as The Institute of Cost & Works Accountants of India (ICWAI), is India's leading statutory professional accounting body for the promotion, regulation and growth of the Cost & Management Accountancy profession. It is the only licensing cum regulating body of the Cost & Management Accountancy profession in India. It suggests that businesses in India follow the Cost Accounting Principles to which the statutory management of cost records relates. In the audit of cost statements in India, ICMAI is solely responsible for establishing the auditing and assurance criteria for statutory cost audits to be followed. It also issues other professional guidance on certain things to be practised by the profession of cost accountants when discharging their services, such as internal audit, management accounting, etc. It works closely with companies, different government departments in India, state governments in India, and other Indian regulatory authorities, e.g. On several aspects of efficiency, cost optimization, and reporting, the Reserve Bank
of India, Insurance Regulatory and Development Authority, Securities and Exchange Board of India, etc.
ICMAI CMA FOUNDATION Important Dates
ICMAI CMA Foundation 2021 Admission Form End Date
01 May - 31 May 2021
ICMAI CMA Foundation 2021 Exam Date
05 Sep 2021
ICMAI CMA Foundation 2021 Result
24 Sep 2021
Institute of Cost Accountants of India CMA Foundation Exam Exam Pattern
Question Paper Type :
Frequently Asked Questions
Ques 1: What are the subjects in ICMAI CMA Foundation?
Ques 2: What is the minimum percentage to pass CMA Foundation?
Ques 3: What does ICMAI CMA stands for?
Ques 4: What is the entrance fee for ICMAI CMA?
Form Start Date:
01 May 2021
Form End Date:
31 May 2021
The last date to submit the form was on 31 May 2021