CMA Final 2020 - Dates, Registration, Syllabus, Study Material, Result
CMA Final 2020- The Institute of Cost Accountants of India has extended the last date to fill CMA Final application form to April 30 in their latest notice. Earlier, the CMA Final exam form could have been submitted till April 20 in online mode. Candidates have to pay the examination fee of Rs. 1400 for one group, while the payable amount is Rs. 2800 for those appearing in both the groups of CMA Final 2020. The exams for CMA Final June 2020 will be conducted from June 11 to 18, 2020. Thus, candidates planning to appear in the June session of CMA Final 2020 should go through all aspects of the course, like exam pattern, syllabus, exam centers, passing criteria, etc. as provided in the article below.

CMA Final 2020 At a Glance
Name of the Examination | Cost & Management Accountancy (CMA)- Final Programme |
Conducting Body | Institute of Cost Accountants of India; formerly Institute of Cost and Works Accountants (ICWAI) |
Level of Exam | National |
Mode of Exam | Pen & Paper based |
Medium of Exam | English |
Number of Papers | Four |
Duration of Exam | 3 hours for each paper |
Type of Questions | Objective and Descriptive |
CMA Final June 2020 Important Dates
Events | Dates |
Last date to register for CMA Final June 2020 | February 10, 2020 |
Last date to fill CMA Final 2020 Exam Form | April 30, 2020 |
Availability of Admit Card | To be announced |
CMA Final Exams June 2020 | June 11 to 18, 2020 |
Declaration of Result | To be notified |
Verification of answer books | To be notified |
CMA Final Exam Dates June 2020
CMA Final Subjects 2020 | Exam Date | Exam Time |
Corporate Laws & Compliance | June 11, 2020 | 2-5 PM |
Corporate Financial Reporting | June 12, 2020 | 2-5 PM |
Strategic Financial Management | June 13, 2020 | 2-5 PM |
Indirect Tax Laws & Practice | June 14, 2020 | 2-5 PM |
Strategic Cost Management – Decision Making | June 15, 2020 | 2-5 PM |
Cost & Management Audit | June 16, 2020 | 2-5 PM |
Direct Tax Laws and International Taxation | June 17, 2020 | 2-5 PM |
Strategic Performance Management and Business Valuation | June 18, 2020 | 2-5 PM |
CMA Final 2020 Eligibility Criteria
There is a specific criteria to be followed by candidates in order to be eligible for ICMAI CMA Final 2020. It has two way requisites, one for registration/ enrollment into the course and the other one for appearing in the CMA Final exams. Those candidates who do not comply with the eligibility criteria are not allowed admission into the course. Thus, it is a must to have a look at the CMA Final eligibility criteria as provided in the table below:
CMA Final Eligibility
For CMA Final registration | Passed both groups of CMA Intermediate |
For appearing in CMA Final exams | Completed Industry Oriented Training Programme (7 days) |
Completed 6 months of practical training |
CMA Final Registration 2020
Candidates who have passed both the groups of CMA Intermediate are now eligible to register for CMA Final. However, CMA Final registration is open throughout the year, there is a specific cutoff date before each session of exams. Candidates have to pay Rs 17,000 as CMA Final registration fee. There are certain set of details to be provided during the registration process.
Documents required for CMA Final registration are:
Passport size photograph (JPG OR JPEG format)
Scanned copy of signature (JPG OR JPEG format)
Age proof (in PDF format)
Class 10 Marksheet
Class 10+2 Marksheet
CMA Intermediate passing (both Group-I & Group-II) marksheet/ certificate
CMA Final Exam Form 2020
ICMAI extended the last date of exam form to April 30 for June 2020 session. The exam form is available in online mode at examicmai.org wherein candidates have to select their course and proceed further. They are required to fill in some basic details and opt for the group and exam centre accordingly. It may be noted that the examination fee payable varies based on the CMA Final group and examination centre chosen by candidate as shown in the table below:
CMA Final Examination Fee
CMA Final Group | Amount |
For Indian exam centres | Any one group- Rs. 1400 |
Both groups- Rs. 2800 | |
For Overseas exam centre | US$ 100 |
CMA Final Admit Card 2020
The authorities will release the CMA Final 2020 admit card on ICMAI website tentatively in the last week of May 2020. The CMA Final admit card will be available in online mode only which the candidates have to download and get a printout. This admit card is a must to be carried in the exam hall on each exam day for verification purposes. Entry in the examination hall is restricted for students who do not show their valid admit card.
Steps to download CMA Final Admit Card 2020:
Candidates of CMA Final 2020 need to follow the steps provided below for downloading the CMA Final admit card:
Visit the official website of ICMAI at examicmai.org
Select the ‘Final’ option from the drop-down menu and hit ‘Click Here’.
Enter your registration ID and click on ‘Login’.
The ICMAI admit card 2020 will be displayed on the screen.
Download and print out at least 2-3 copies for future reference.
CMA Final Exam Centres 2020
The exams of CMA Final June 2020 were conducted at 95 Indian and 3 overseas exam centres. Thus, candidates who filled the CMA Final exam form for the session should have a look at the exam centres and choose wisely. The exam centres were allotted giving regard to the order of priority opted by a candidate. Given below are all three overseas exam centres and some of the major Indian cities where the CMA Final June 2020 exams were conducted.
Overseas Exam Centres
Muscat
Dubai
Bahrain
Indian Exam Centres
Zone | State | Exam City |
NORTHERN | DELHI | DELHI |
HARYANA | FARIDABAD | |
JAMMU & KASHMIR | JAMMU | |
SRINAGAR | ||
PUNJAB | JALANDHAR | |
LUDHIANA | ||
PATIALA | ||
RAJASTHAN | BEAWAR CITY | |
BHILWARA | ||
JAIPUR | ||
JODHPUR | ||
KOTA | ||
UDAIPUR | ||
BIKANER | ||
UTTAR PRADESH | ALLAHABAD | |
AGRA | ||
GHAZIABAD | ||
KANPUR | ||
LUCKNOW | ||
NOIDA | ||
UTTARAKHAND | DEHRADUN | |
HARIDWAR | ||
WESTERN | CHHATTISGARH | BILASPUR |
BHILAI | ||
RAIPUR | ||
GOA | MARGAO- GOA | |
GUJARAT | ADIPUR-KUTCH | |
AHMEDABAD | ||
BARODA | ||
VAPI | ||
SURAT | ||
MADHYA PRADESH | BHOPAL | |
INDORE | ||
JABALPUR | ||
VINDHYANAGAR | ||
MAHARASHTRA | AKURDI (PUNE) | |
AURANGABAD | ||
KALYAN | ||
KOLHAPUR | ||
MUMBAI | ||
NAGPUR | ||
NASHIK | ||
PUNE | ||
SOLAPUR | ||
VASHI | ||
SOUTHERN | ANDHRA PRADESH | GUNTUR |
NELLORE | ||
RAJAHMUNDRY | ||
VIJAYAWADA | ||
VISAKHAPATNAM | ||
KARNATAKA | BANGALORE | |
MANGALORE | ||
MYSORE | ||
KERALA | CALICUT | |
ERNAKULAM | ||
KANNUR | ||
KOTTAYAM | ||
KOTTAKKAL (MALAPPURAM) | ||
PALAKKAD | ||
THRISSUR | ||
TRIVANDRUM | ||
PUDUCHERRY | PUDUCHERRY | |
TAMIL NADU | CHENNAI | |
COIMBATORE | ||
ERODE | ||
MADURAI | ||
NEYVELI | ||
SALEM | ||
TIRUCHIRAPALLI | ||
TIRUNELVELI | ||
VELLORE | ||
TELANGANA | HYDERABAD | |
EASTERN | ANDAMAN | PORT BLAIR |
ASSAM | DULIAJAN | |
GUWAHATI | ||
BIHAR | PATNA | |
JHARKHAND | BOKARO | |
DHANBAD | ||
HAZARIBAG | ||
JAMSHEDPUR | ||
RANCHI | ||
MEGHALAYA | SHILLONG | |
ODISHA | BERHAMPUR | |
BHUBANESWAR | ||
CUTTACK | ||
ROURKELA | ||
SAMBALPUR | ||
TRIPURA | AGARTALA | |
WEST BENGAL | ASANSOL | |
DURGAPUR | ||
HOWRAH | ||
KOLKATA | ||
NAIHATI | ||
SILIGURI |
CMA Final Exam Pattern 2020
ICMAI has released the CMA Final 2020 exam pattern which reflects the basics one has to remember about the exam. One should always be aware of the pattern that is followed in any examination so that the preparation goes hand in hand with it. The ICMAI CMA Final exam will be conducted for a duration of 3 hours in offline mode. There are a total of 8 questions of subjective as well as objective type analysing the knowledge and understanding of a candidate. Thus, clarity in concepts is a must for the aspirants of CMA Final June 2020.
CMA Final Syllabus 2020
The authorities have provided for CMA Final syllabus in a very detailed manner. It reflects the subject-wise topics distributed and the weightage of marks for each of these sub-topics. The content covered under each of the sub- topics is also provided so that there is no point of confusion left out for aspirants preparing for CMA Final June 2020. The table below shows major topics for all eight of CMA Final subjects:
CMA Final Syllabus
CMA Final Subjects | CMA Syllabus Topics |
Group III | |
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 | |
Group IV | |
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 and other related issues | |
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 2020
The concerned authorities have provided the ICMAI CMA Final study material covering complete syllabus of all eight subjects. The soft copy of study material is available on CMA website in downloadable form. It may be noted that referring to the official study material is the best way to ensure better scores in the exams. It gives a kind of boundary to questions asked in the ICMAI CMA Final exams. As the material is published officially for the students, the examiners focus more upon it while framing the CMA Final question papers. Hence, it is advisable to first exhaust the study material and then opt for other books or notes.
CMA Final Mock Tests 2020
The official CMA website provides for practice material under the ‘knowledge resources’ link. There are two sets of CMA Final mock test papers available therein. Each set has a question paper and the corresponding solution for all eight CMA Final subjects. Thus, CMA Final aspirants are advised to practice as many questions as possible to assure that they know it all for June 2020 session. The table below provides for ICMAI CMA Final Mock test papers Set 1.
CMA Final Mock Tests
CMA Final Subjects | Mock Test Papers | Solution |
Paper 13- Corporate Laws & Compliance | ||
Paper 14- Strategic Financial Management | ||
Paper 15- Strategic Cost Management – Decision Making | ||
Paper 16- Direct Tax Laws and International Taxation | ||
Paper 17- Corporate Financial Reporting | ||
Paper 18- Indirect Tax Laws & Practice | ||
Paper 19- Cost & Management Audit | ||
Paper 20- Strategic Performance Management and Business Valuation |
CMA Final Passing Criteria 2020
ICMAI has set specific passing criteria for candidates appearing in CMA Final 2020 exams. The passing criteria reflects the requisite score that one has to score in order to pass the individual exam as well as the overall course of ICMAI CMA Final. The minimum score in each subject has to be at least 40 marks which is 40% of the total of 100 marks paper. The overall requisite is 50% which can be understood as a score of at least 400 marks respectively. The table below shows passing cutoff for better understanding of aspirants.
CMA Final Passing Criteria
CMA Final Subjects | Sectional Cutoff | Overall Cutoff |
Paper 13- Corporate Laws & Compliance | 40% | 50% |
Paper 14- Strategic Financial Management | 40% | |
Paper 15- Strategic Cost Management – Decision Making | 40% | |
Paper 16- Direct Tax Laws and International Taxation | 40% | |
Paper 17- Corporate Financial Reporting | 40% | |
Paper 18- Indirect Tax Laws & Practice | 40% | |
Paper 19- Cost & Management Audit | 40% | |
Paper 20- Strategic Performance Management and Business Valuation | 40% |
CMA Final Result 2019
The Institute of Cost Accountants of India is going to declare the CMA Final December 2019 result on February 21, 2020. The result will be declared in online mode only. Candidates will be able to access their individual on the official website.
How to check CMA Final Result 2019?
Visit the result page of CMA website at examicmai.in.
Enter the identification/ registration number.
Click on the option of ‘View Result’.
Download your CMA 2019 result.
Take at least 2-3 prints for future reference.
A common list of group-wise results shall also be shared on the CMA Final result day containing the names of all the students and their passing status respectively. This will be followed by release of ICMAI CMA Final rank list containing top 50 rank holders.
Click here to check the CMA Final rank list for June 2019.
What After CMA Final 2020?
After passing the CMA Final June 2020 exams, there are a few more tasks to be accomplished by the students. They have to complete a 15 day Modular Training as well as the remaining period of Practical training to complete the 3 year span. After being done with all of it, a student can apply for the membership of The Institute of Cost Accountants of India.
Frequently Asked Question (FAQs) - CMA Final 2020 - Dates, Registration, Syllabus, Study Material, Result
Question: How many subjects are there as per the CMA syllabus for Final programme?
Answer:
There are 8 subjects for CMA Final 2019. These 8 subjects are distributed into 2 modules.
Question: What is the full form of ICMAI?
Answer:
ICMAI stands for the Institute of Cost Accountants of India. It was formerly called as The Institute of Cost & Works Accountants of India (ICWAI).
Question: When will the ICWAI admit card be released for CMA Final December 2019?
Answer:
The admit card for CMA Final December session is expected to be out by the first week of September tentatively. The same will be available in online mode on the official website of ICMAI.
Question: What are the CMA exam dates for Final course?
Answer:
The CMA Final exam dates reflect for Group 3 to be conducted on December 10, 12, 14 and 16. The Group 4 of CMA Final will be conducted on December 11, 13, 15 and 17, 2019.
Question: What was the pass percentage for CMA Final June 2019?
Answer:
The CMA Final pass percentage for June 2019 session was as follows:
Group 3- 13.88%
Group 4- 27.27%
Any one of the groups- 14.48%
Both groups- 15.91%