CMA Foundation 2019
Updated on Dec 20, 2019 - 10:09 a.m. IST by Ridhi.Khurana

CMA Foundation 2019 - The Institute of Cost Accountants of India (ICMAI) has rescheduled the postponed exams of CMA Foundation in the North-East states. The Institute had released the CMA Foundation admit card for December exams on November 28, 2019. The institute is conducting the CMA Foundation exams for December session. The ICWAI exam application last date was extended to October 14, 2019 for December session. The offline exams are being held for 3 hours each between December 10 and 13. Candidates aspiring to become ‘Cost Accountants’ have to register with the institute before last date, which was July 31 for CMA Foundation December 2019 session. The CMA Foundation 2019 result will be declared on February 21, 2019. For more information like CMA Foundation exam pattern, syllabus, etc, read the complete article below.

Latest: The postponed CMA Foundation exams of North East are rescheduled, check the notification here.cma-exam-rescheduled

Note- Paper 3 of CMA Foundation December 2019 rescheduled for some regions of Jharkhand State only; to be held on January 7.

CMA-Exam-Reschedule

CMA Foundation 2019 At a Glance

Name of the Examination

Cost & Management Accountancy (CMA)- Foundation 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

4

Duration of Exam

3 hours for each paper

Type of Questions

Objective and Descriptive

CMA Foundation December 2019 Dates

Events

Dates

Last date to register for CMA Foundation December 2019

August 9, 2019 (extended)

ICWAI exam application last date

October 14, 2019 (extended)

Availability of Admit Card

November 28, 2019

CMA Foundation Exams December 2019

December 10, 11, 12 and 13, 2019

Declaration of Result

February 21, 2019

Verification of answer books

To be notified

CMA Foundation December 2019 Exam Schedule

Paper name

Date

Time

Fundamentals of Economics & Management

December 10, 2019

2-5 PM

Fundamentals of Accounting

December 11, 2019

2-5 PM

Fundamentals of Laws & Ethics

December 12, 2019

2-5 PM

Fundamentals of Business Mathematics & Statistics

December 13, 2019

2-5 PM

CMA Foundation Eligibility Criteria 2019

The concerned authorities have provided a certain set of eligibility requisites which the aspiring candidates have to comply with. It may be noted that mere registration into the course doesn’t guarantee the candidate’s right to appear for exams. Those who do not fulfill the requirements are not allowed to register in ICMAI CMA Foundation exams. The table below shows as to who can register and appear in CMA Foundation 2019.

CMA Foundation Eligibility Criteria

For registration to CMA Foundation

Passed Class 10 or equivalent exams from a recognized Board or Institution

For appearing in exam

Passed 10+2 or other equivalent examination

CMA Foundation Registration 2019

The registration process for CMA Foundation 2019 is kept open throughout the year, however, there is a cutoff date before each session of exams. For December 2019, candidates could accomplish ICMAI CMA Foundation registration before August 9 (extended date). Usually, there is a fixed last date for each session, ie, January 31 for June term and July 31 for December term of exams. The CMA Foundation 2019 registration fees is Rs 4000 to be paid before cutoff dates of either of the sessions respectively.

Documents required at the time of CMA Foundation registration are:

  • Attested Copy of Matriculation Certificate

  • Attested copy of 10+2 Certificate or Marks Statement

  • 3 passport size photographs.

CMA Foundation Exam Form 2019

The CMA Foundation exam application form was available online for candidates willing to appear in December 2019 session. The ICWAI exam application last date was extended to October 14, which was earlier destined to be till October 10, 2019. It may be noted that only CMA Foundation registered candidates were eligible to fill the CMA exam form. It may be noted that those applying for overseas exam centre have to apply offline and payment has to be made through demand draft. Candidates of ICMAI CMA Foundation have to pay the application fee of Rs 1200 for Indian exam centres, while those who opt for overseas centres have to pay US$ 60.

CMA Foundation Admit Card 2019

ICMAI has released the CMA Foundation 2019 admit card on November 28, 2019. Candidates appearing for the exams will be able to download the same in online mode by entering their registration ID. The CMA Foundation December 2019 admit card shall contain candidate’s details, roll number, exam centre code and address, term of examination, etc. It is mandatory to carry a print out of this admit card in the exam hall for all exam days as entry will not be allowed otherwise.

CMA Foundation Exam Centres 2019

There are 95 domestic and 3 overseas exam centres for CMA Foundation December 2019 session. Bikaner (Rajasthan) is the latest added CMA Foundation 2019 exam centre. The three overseas exam centres for CMA are Dubai, Bahrain and Muscat. Some of the major cities where CMA Foundation December 2019 exams will be conducted are provided below:

CMA Foundation Exam Centres (Indian)

Jammu

Jamshedpur

Jodhpur

Delhi

Noida

Kanpur

Kolhapur

Kolkata

Bikaner

Hyderabad

Shillong

Lucknow

Ludhiana

Madurai

Coimbatore

Mumbai

Mysore

Nagpur

CMA Foundation Exam Pattern 2019

ICMAI is the body that sets the exam pattern for CMA Foundation and notify the amendments as and when required. CMA Foundation 2019 is an offline examination wherein questions of subjective as well as objective nature are asked. The table below shows ICMAI CMA Foundation exam pattern in detail:

CMA Foundation Exam Pattern

Mode of Exam

Offline

Exam Type

Objective and Subjective

Maximum Marks

100 marks for each paper

Duration

3 hours per paper

Medium of Exam

English

CMA Foundation Syllabus 2019

The syllabus of CMA Foundation provides for the major topics and their corresponding weightage. Candidates appearing for the exams should first take note of the syllabus so that there is no topic left out. It may be noted that all the four papers are divided into two parts, however, the weightage of all may vary.

CMA Foundation Syllabus

CMA Foundations Subjects

Topics Covered

Paper 1: FUNDAMENTALS OF ECONOMICS AND MANAGEMENT

Section A: Fundamentals of Economics

Section B: Fundamentals of Management

Paper 2: FUNDAMENTALS OF ACCOUNTING

Section A: Fundamentals of Financial Accounting

Section B: Fundamentals of Cost Accounting

Paper 3: FUNDAMENTALS OF LAWS AND ETHICS

Section A: Fundamentals of Commercial

Section B: Fundamentals of Ethics

Paper 4: FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS

Section A: Fundamentals of Business Mathematics

Section B: Fundamentals of Business Statistics

CMA Foundation Study Material 2019

ICMAI has provided subject wise study material for students of CMA Foundation 2019. It is advisable for candidates to refer the ICMAI study material on priority rather than looking for some other books, etc. This shall help them prepare better and score even better in the CMA Foundation exams.

CMA Foundation Study Material

CMA Foundation Subjects

Study Material

Paper 1- Fundamentals of Economics & Management

Click here

Paper 2- Fundamentals of Accounting

Click here

Paper 3- Fundamentals of Laws & Ethics

Click here

Paper 4- Fundamentals of Business Mathematics & Statistics

Click here

CMA Foundation Mock Tests 2019

The official website of ICMAI provides for mock test papers as well which the candidates should practise while preparing for the exams. This boosts the confidence in candidates, as well as makes aware of the weaknesses. The table below provides for two sets of mock test papers and their solutions.

CMA Foundation Mock Test Papers (MTP)

CMA Foundation Subjects

Set 1 CMA Question Paper

Set 1 CMA Solution

Set 2 CMA Question Paper

Set 2 CMA Solution

Fundamentals of Economics & Management

Download here

Download here

Download here

Download here

Fundamentals of Accounting

Download here

Download here

Download here

Download here

Fundamentals of Laws & Ethics

Download here

Download here

Download here

Download here

Fundamentals of Business Mathematics & Statistics

Download here

Download here

Download here

Download here

CMA Foundation Question Paper 2019

The ICMAI official website is a treasure for exam preparation. CMA Foundation question papers help candidates understand the exam pattern and thus have an idea of prospective questions in the coming sessions. However candidates should not rely upon previous questions, however, one should never appear in exams without referring them. Given below are CMA Foundation question papers of June 2019 term.

CMA Foundation Question Paper June 2019

ICMAI CMA Foundation Subjects

CMA Foundation Question Paper

Paper 1- Fundamentals of Economics & Management

Download here

Paper 2- Fundamentals of Accounting

Download here

Paper 3- Fundamentals of Laws & Ethics

Download here

Paper 4- Fundamentals of Business Mathematics & Statistics

Download here

CMA Foundation Passing Criteria 2019

ICMAI has provided specific criteria for passing the CMA Foundation 2019 exams. A candidate has to score at least 200 marks in the CMA Foundation December 2019 exams and pass the papers separately as well. Candidates not complying with these norms are not deemed pass, and thus have to appear in the exam again. The table below explains the CMA Foundation passing cutoff:

CMA Foundation Passing Criteria

Paper name

Sectional Cutoff

Overall Cutoff

Fundamentals of Economics & Management

40 %


50%

Fundamentals of Accounting

40 %

Fundamentals of Laws & Ethics

40 %

Fundamentals of Business Mathematics & Statistics

40 %

CMA Foundation Result 2019

The authorities declare CMA Foundation 2019 result in online mode. The result dates are usually announced along with the exam notification itself. The CMA Foundation December 2019 result for will be declared on February 21. The complete result list will be released on the official website, while the individual result will be accessed by entering the candidate’s registration number.

Frequently Asked Question (FAQs) - CMA Foundation 2019

Question: Is there any negative marking for CMA Foundation?

Answer:

No, there is no negative marking in CMA Foundation exams. Thus, candidates can attempt all questions without the fear of loosing marks.

Question: Is calculator allowed in CMA Foundation exam?

Answer:

Only Battery operated, non-programmable calculators are allowed to be carried in the CMA Foundation exam hall.

Question: What do I need to bring in the CMA exam?

Answer:

Candidates are allowed to carry the following in the exam hall:

  • CMA admit card 2019

  • Student ID card

  • A valid ID proof such as Aadhaar card, voter ID card, driver’s license, etc.

  • Stationery like pen, pencil, scale, other mathematical instruments, etc.

  • Battery operated, non-programmable calculators

  • Mathematical tables (if considered necessary) will be provided by the authorities at the exam hall

Question: How many levels are there in CMA?

Answer:

There are three levels of exams which a candidate aspiring to become a CMA has to pass. The first level is Foundation having 4 papers, followed by Intermediate and then Final, both having 8 papers. Having passed all the exams makes one eligible to become a Cost Accountant.

Question: How do I pass CMA Foundation 2019?

Answer:

In order to pass CMA Foundation exams, candidates are suggested to refer the official study material religiously. One should practice as many question papers as possible to make sure that they score well in the exams.

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