CMA Foundation Study Material 2021
CMA Foundation Study Material 2021: The Institute of Cost Accountants of India provides study material for CMA foundation 2021 on their official website. The CMA foundation study materials are presented in pdf format. Candidates can download the CMA foundation study material pdf or they can simply view it free of cost. Study materials for the CMA Foundation are also provided to candidates who are registered with the Institute for CMA foundation exam. All the CMA foundation subjects are covered in the study materials for the CMA Foundation. The institute refers to CMA study material along with some CMA foundation books. It is useful to refer to the study material for CMA foundation 2021 as it helps in giving a clear understanding of the content of the exam and difficulty of the exam. To know more about the CMA foundation study material, question papers and mock test papers read the complete article given below.
CMA foundation study materials Pdf
The candidates can download study material pdf from the links given in the table below:
The study material is provided paper-wise and in terms of broader topic areas.
CMA Foundation Study material 2021
Paper name | Download link |
Paper 1: Fundamentals of Economics and Management | |
Paper 2: Fundamentals of Accounting | |
Paper 3: Fundamentals of Commercial Laws & Ethics | |
Paper 4: Fundamentals of Business Mathematics and Statistics |
CMA foundation Subjects 2021
The main subjects are included in the CMA foundation study materials and CMA foundation books pdf are given in the table given below. Candidates should refer to this weightage to develop an effective preparation strategy.
CMA Foundation subject wise weightage 2021
Paper 1- Fundamentals of Economics and Management | ||
Section A: Fundamentals of Economics (50%) | 1. Basic concepts of Economics | 20% |
2. Forms of Market | 20% | |
3. Money and Banking | 10% | |
Section B: Fundamentals of Management (50%) | 4. Management Process | 50% |
Paper 2- Fundamentals of Accounting | ||
Section A: Fundamentals of Financial Accounting (80%) | 1. Accounting Fundamentals | 35% |
2. Accounting for Special Transactions | 20% | |
3. Preparation of Final Accounts | 25% | |
Section B: Fundamentals of Cost Accounting (20%) | 4. Fundamentals of Cost Accounting | 20% |
Paper 3- Fundamentals of Laws and Ethics | ||
Section A: Fundamentals of Commercial Laws (70%) | 1. Indian Contracts Act, 1872 | 40% |
2. Sale of Goods Act, 1930 | 20% | |
3. Negotiable Instruments Act,1881 | 10% | |
Section B: Fundamentals of Ethics (30%) | 4. Ethics and Business | 30% |
Paper 4- Fundamentals of Business Mathematics and Statistics | ||
Section A: Fundamentals of Business Mathematics (40%) | 1. Arithmetic | 20% |
2. Algebra | 20% | |
Section B: Fundamentals of Business Statistics (60%) | 3. Statistical representation of Data | 10% |
4. Measures of Central Tendency and Dispersion | 30% | |
5. Correlation and Regression | 10% | |
6. Probability | 10% | |
How to download the CMA Foundation Study Material 2021?
To download study material for CMA foundation 2021, candidates need to follow the given set of steps.
Visit the official ICMAI website
Click on the Students connect portal on home page
Go to e-learning resources
Select the study material tab.
Select the CMA foundation exam from the available categories.
Pick the CMA foundation study material 2021 based on the syllabus 2016.
The study material for Paper 1,2,3 and 4 will be displayed on the home page.
Click on any paper and you can open the study material pdf for that particular section.
Download and print options will be available on the screen once you open the pdf.
CMA Foundation Question Paper 2021
Candidates can also find set wise mock test papers and previous year’s question papers for the CMA foundation exam on the official ICMAI website. These test papers are available free of cost for students under the e-learning corner. It is useful to get through these question papers and solve the mock tests in time to get an appropriate idea of what to expect in the main exam.
CMA foundation question papers June 2019 (Syllabus 2016)
Paper | Previous year’s question paper pdf |
Fundamentals of Economics and Management | |
Fundamentals of Accounting | |
Fundamentals of Laws and Ethics | |
Fundamentals of Business Mathematics and Statistics |
CMA Foundation 2021 Mock questions with answers pdf
Paper Name | Set 1 question paper | Set 2 question paper |
Paper 1 | ||
Paper 2 | ||
Paper 3 | ||
Paper 4 |
Other related Links:
CMA Foundation Registration 2021
Frequently Asked Question (FAQs) - CMA Foundation Study Material 2021
Question: Does the ICMAI institute provide enough study material for the CMA foundation exam?
Answer:
Candidates can refer to the study materials available on the ICMAI website for an understanding of the exam and major topic. To learn in detail, candidates are advised to refer to Pdf for CMA foundation books from trusted resources.
Question: Is a calculator allowed to be used in the CMA foundation exam?
Answer:
Yes, the candidates can use approved calculators in the CMA foundation exam.
Question: Is it possible to find previous year’s question papers on the ICMAI website?
Answer:
Yes, one can find the CFA foundation question papers for previous exams on the ICMAI website.
Question: How many hours should be devoted to studying for the CMA foundation exam?
Answer:
Candidates should approximately spend 90 hours studying for the CMA foundation exam.
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