CMA Final Dec 2021 - Dates, Admit Card, Syllabus & Exam Pattern, Result
CMA Final 2021 - ICMAI has RELEASED the CMA Final hall ticket on its official website. It also provided the option to avail the opt-out option for the CMA Final December 2021 session till October 27, 2021. The exams were conducted from December 8 to 15, 2021. The mode of the CMA Final exam is online centre based. Candidates who could wish to fill the exam form could fill the same in online mode till October 8, 2021. Earlier, it notified that the CMA final June 2021 and CMA Inter 2021 exams were merged with the December 2021 exams.
LATEST: CMA Intermediate, Final admit card has been released.
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The Institute of Cost and Management Accountants of India released the notification on its official website. The CMA final exam schedule is based on the new CMA final syllabus (2016).
To appear for the CMA final exam, candidates have to pay an examination fee of Rs 1400 for one group and Rs 2800 for both the groups of CMA 2021 final. To know other important aspects of the CMA Final 2021 like exam pattern, passing criteria, result, syllabus etc, read the complete article given below.
CMA Final 2021:Overview
Name of examination
Cost and Management Accountancy- Final Programme
The Institute of Cost and Management Accountants of India
Level of exam
|Scope of exam||The University Grants Commission(UGC) has resolved that CMA qualification will be recognised equivalent to a PG degree. This makes CMA qualified students eligible to pursue PhD in commerce and allied domains.|
Computer-based test (CBT)
Medium of exam
Number of papers
Type of questions
Objective and descriptive
CMA Final Exam Dates 2021
The ICMAI released the exam schedule of CMA Final 2021 in online mode. The table given below mentions the complete schedule of CMA Final Dec 2021.
|Events||June 2021 - Postponed||Dates (December 2021)|
Last date for CMA final registration 2021
January 31, 2021
|August 10, 2021 (Extended)|
Last date to complete CMA Final Exam form 2021
August 21, 2021
|October 8, 2021|
Release of CMA final admit card 2021
CMA final exam dates 2021
Postponed; Merged with December session
|December 8-15, 2021|
Declaration of CMA Final result 2021
|To be notified|
Verification of CMA final answer books
|to be notified|
CMA December 2021 Exam Schedule - (Merged with June Exams)
(Time: 2.00 P.M. to 5.00 P.M.)
(Group – III)
(Group – IV)
Corporate Laws & Compliance (P-13)
Corporate Financial Reporting (P-17)
Strategic Financial Management (P-14)
Indirect Tax Laws & Practice (P-18)
Strategic Cost Management – Decision Making (P-15)
Cost & Management Audit (P-19)
Direct Tax Laws and International Taxation (P-16
Strategic Performance Management and Business Valuation (P-20)
CMA 2021 Final Eligibility Criteria
It is important to have an idea of the eligibility criteria before appearing for the CMA Final exam. A certain level of preparation and education is required for admission into CMA Final 2021.
Candidates who fulfil these criteria can apply for the CMA 2021 final exam. To understand the eligibility criteria for entry into the CMA final course and appearing for the CMA final exam, refer to the table below.
CMA Final Eligibility 2021
For entry into CMA final course
Clearing class 12th exam and CMA foundation course.
Graduate in any stream other than fine arts
Clearing CAT foundation part 1
Clearing CAT Foundation Part 1 and competency level part II.
Clearing CS Foundation/Intermediate along with clearing class 12th exam.
To appear for CMA 2021 final exams
Complete 7-day Industry oriented training programme
Complete 6 months of practical training (Exempted for June 2021 session)
Candidates who fulfil the eligibility criteria for CMA Final 2021 can apply for the CMA Final Registration. The CMA final 2022 registration is open till January 31, 2022, for the June session of the exam. Candidates have to pay a CMA registration fee of Rs 25,000 to register for the course well before the exam date. Before starting the CMA 2021 Final registration, candidates must keep the following documentation ready.
Documents required for CMA Final 2021 registration
Scanned copy of passport size photo in a JPG or JPEG format.
Age proof certificate in a PDF format and a size of 300 Kb
Scanned copy of signature in JPG/ JPEG format.
Educational qualification certificates and mark sheets in PDF format and a size of 300 kb.
CMA Final Exam form 2021
Candidates who wish to appear in the exam need to fill an online exam form for CMA Final 2021. The date for submission of the exam form for the December 2021 session was October 8, 2021. To complete the form, candidates need to enter their registration number, upload their photo and signature. The CMA Final exam form 2021 is completed by paying an examination fee.
CMA Final examination fee
CMA Final Group 3 or 4
CMA Final Group 3 and 4
ICMAI has released the CMA Final 2021 admit card in online mode. The admit card for CMA final 2021 can be downloaded from the official website.
Candidates are notified on their registered email address and mobile number when the admit card is released. It is a mandatory document for entry into the examination hall. Candidates must take the printout of the admit card for their reference as it consists of important details. The steps to download the CMA 2021 final admit card are given below.
Visit the official website of ICMAI, examicmai.org
Click on the Students option
Click on the “Print admit card” option
Select the final option from the drop-down menu.
Enter the registration number and click on the login button
The CMA final admit card 2021 will be visible on the screen.
Candidates can download the admit card and take a print out for reference.
CMA Final Exam Centres 2021
CMA Final exams were conducted in an online centre based mode. Candidates had to choose 3 international test centre locations and 96 Indian CMA Final exam centres 2021. While filling the CMA final exam form, candidates had to fill the test locations as per their preference.
Candidates can have a look at the table below to view the list of test centres and choose their preferences accordingly.
CMA Final exam centres for 2021 are as follows:
CMA Inter Exam centres - December 2021
- Adipur-Kachchh (Gujarat), Agartala, Agra, Ahmedabad, Akurdi, Allahabad, Angul Talcher, Asansol, Aurangabad
- Bangalore, Bankura, Baroda, Berhampur – Ganjam (Odisha), Bharuch Ankleshwar, Bhilai, Bhilwara, Bhopal, Bewar City(Rajasthan), Bhubaneswar, Bilaspur, Bikaner (Rajasthan), Bokaro
- Calicut, Chandigarh, Chennai, Coimbatore, Cuttack
- Dindigul, Dehradun, Delhi, Dhanbad, Duliajan (Assam), Durgapur
- Ernakulam, Erode
- Ghaziabad, Guntur, Gurgaon, Guwahati
- Haridwar, Hazaribagh, Hosur, Howrah, Hyderabad
- Jaipur, Jabalpur, Jalandhar, Jammu, Jamshedpur, Jodhpur
- Kalyan, Kannur, Kanpur, Kolhapur, Kolkata, Kollam, Kota, Kottakkal (Malappuram), Kottayam
- Lucknow, Ludhiana
- Madurai, Mangalore, Meerut, Mumbai, Mysore
- Nagpur, Naihati, Nasik, Nellore, Neyveli, Noida
- Palakkad, Panaji (Goa), Patiala, Patna, Pondicherry, Port Blair, Pune
- Raipur, Rajahmundry, Ranchi, Rourkela
- Salem, Sambalpur, Shillong, Shimla, Siliguri, Solapur, Srinagar, Surat
- Thrissur, Tiruchirapalli, Tirunelveli, Tirupati, Trivandrum
- Vapi, Vashi, Vellore, Vijayawada, Vindhyanagar, Visakhapatnam
CMA Overseas Exam centre locations
It is important to understand the exam pattern of CMA final 2021 to prepare for the CMA 2021 final exam efficiently. The total exam duration for the CMA 2021 final is 3 hours. The exams were conducted in an online centre based mode. The exam is worth 100 marks with no negative marking. The exam pattern gives clarity for making a preparation strategy.
ICMAI has released the CMA final syllabus on their official website. The syllabus mentions details regarding the core topics, subtopics and all the sections. The syllabus also explains the topic-wise weightage so that the candidates can make a proper preparation strategy for CMA final 2021. There are 8 main CMA Final subjects.
CMA Final 2021 Syllabus
CMA Final main subjects
CMA final Sections
Paper 13- Corporate Laws & Compliance
Section A- Companies Act
Section B- Other Corporate Laws
Section C- Corporate Governance
Paper 14- Strategic Financial Management
Section A- Investment Decisions
Section B- Financial Markets and Institutions
Section C- Security Analysis and Portfolio Management
Section D- Financial Risk Management
Paper 15-Strategic Cost Management – Decision Making
Section A- Cost Management
Section B- Strategic Cost Management Tools and Techniques
Section C- Strategic Cost Management (Application of Statistical Techniques in Business Decisions)
Paper 16- Direct Tax Laws and International Taxation
Section A- Advanced Direct Tax Laws
Section B- International Taxation
Section C- Tax Practice and Procedures
Paper 17- Corporate Financial Reporting
Section A- GAAP and Accounting Standards
Section B- Accounting of Business Combinations & Restructuring
Section C- Consolidated Financial Statements
Section D- Developments in Financial Reporting
Section E-Government Accounting in India
Paper 18- Indirect Tax Laws & Practice
Section A- Advanced Indirect Tax (Laws & Practice)
Section B- Tax Practice and Procedures
Paper 19- Cost & Management Audit
Section A- Cost Audit
Section B- Management Audit
Section C- Internal Audit, Operational Audit
Section D- Case Study on Performance Analysis
Paper 20- Strategic Performance Management and Business Valuation
Section A- Strategic Performance Management
Section B- Business Valuation
CMA Final Study Material 2021
The Study material for CMA Final 2021 is available on the official website. It is based on the 8 core subjects of the CMA final syllabus. Candidates can The concerned authorities have provided the ICMAI CMA Final study material covering complete syllabus of all eight subjects. The study material for CMA can be downloaded in a pdf format from the official ICMAI website. The study material helps the students to focus on important topics and prepare an efficient study plan before moving on to CMA final books.
CMA Final Mock Tests 2021
ICMAI has released the mock test papers for June 2020 and December 2020 session of CMA final exam based on the syllabus 2016. The mock test papers are available under the learning resources section of the ICMAI website. Each mock test paper has two sets along with their solution. The Set 1 of the mock test papers for CMA final exam June 2020 is given in the table below.
CMA Final Mock Tests: Set 1 June 2020
CMA Final subjects
Mock test paper link
Corporate Laws & Compliance
Strategic Financial Management
Strategic Cost Management – Decision Making
Direct Tax Laws and International Taxation
Corporate Financial Reporting
Indirect Tax Laws & Practice
Cost & Management Audit
Strategic Performance Management and Business Valuation
CMA Final Passing Criteria 2021
ICMAI requires a specific minimum score in each paper of the CMA final exam. Candidates must get 40% of the total marks to pass in their marks. Overall candidates need to score a minimum aggregate of 50% in all the papers to qualify for the CMA final exam. For a better understanding of students, the cutoff for each section of the CMA final syllabus is tabulated below.
CMA 2021 final passing criteria
CMA final subjects
Sectional Cut off
Overall Cut off
13: Corporate Laws & Compliance
14: Strategic Financial Management
15: Strategic Cost Management – Decision Making
16: Direct Tax Laws and International Taxation
17: Corporate Financial Reporting
18: Indirect Tax Laws & Practice
19: Cost & Management Audit
20: Strategic Performance Management and Business Valuation
ICMAI will declare the CMA Final result after conducting the exams. The CMA final result can be downloaded from the “Exam” section of the ICMAI official website, icmai.in. Candidates can download their result by entering their registration number and selecting the final course link. The candidates can view their result, download and print out 2-3 copies for future reference.
A complete and Group-wise pass list for CMA Inter and Final December 2021 exams will be declared along with the result. Candidates are also notified about the CMA Final 2020 result on their registered mobile number or email id.
Earlier, the result for the CMA Final December 2020 exam was released online on the ICMAI website on March 29, 2021.
What will happen after the CMA Final 2021?
CMA Final course is the last stage of the CMA program. But the students need to complete a few more steps after qualifying for the CMA Final 2021 exam. If the candidate has not completed their 3 years of practical training, they need to complete the rest time study period. Candidates need to complete a 15 days long modular training as well. The students will be able to apply for ICMAI membership after completing these two tasks.
Frequently Asked Question (FAQs) - CMA Final Dec 2021 - Dates, Admit Card, Syllabus & Exam Pattern, Result
Question: Will the CMA Final 2021 exam be postponed?
The CMA final 2021 December exams were merged with June and were conducted from December 8-15, 2021.
Question: How many subjects are included in the CMA final syllabus 2021?
There are 8 main subjects in the CMA final syllabus 2021.
Question: Is there any age limit to appear for the CMA final 2021 exam?
No, there is no age limit for appearing in the CMA final 2021 exam.
Question: What are the study material provided by the ICMAI for the CMA Final study plan?
The institute provides the candidates with study material, syllabus, two sets of mock test papers, suggested answers and question papers.
Question: When can I fill the CMA Final December 2021 exam form?
The CMA Final December 2021 exam form was available in online mode and could be filled till October 8, 2021.
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Questions related to CMA Final
does cma final syllabus is going to be changed for june 2022 attempt or else the same 2016 syllabus is applicable
Yes the final CMA syllabus is expected to change a little for the June 2022 session. The syllabus is updated every 5 years although the changes are not very drastic. As the years go by, some chapters become obsolete and some new chapters need to be include. Thus the constant upgradation of the syllabus is to incorporate the current economic changes with the business processes.
For more details regarding the examination and syllabus click the following link:
All the best!