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ICMAI CAT 2021- The Institute of Cost and Management Accountants of India (ICMAI) organises the Certificate in Accounting Technicians (CAT) exam for 12th class passed students or undergraduates. CAT is a short term course recently launched by ICMAI. ICMAI CAT 2021 is a multiple choice question (MCQ) based examination that is conducted online. There are 2 papers for ICMAI CAT course. Candidates can register for the foundation course (Entry-level) Part 1 exam which will be conducted on January 17, 2021. The last date for filling up the application form for ICMAI CAT exam was December 30, 2020. The second level is the competency level- Part II of the CAT exam which will be conducted in June 2021 tentatively. Candidates can check ICMAI CAT exam dates through official notifications on icmai.in. For more information on the application form, eligibility criteria, important dates, exam pattern, passing marks, admit card, syllabus and result, read the complete article below.
Exam name | ICMAI CAT (Certificate in Accounting Technicians exam) |
Exam level | National level |
Conducting Body | Institute of Cost and Management Accountants of India |
Commonly Known as | CAT |
CAT full form | Certificate in Accounting Technicians |
Exam duration | 2 hours for each paper |
Medium of exam | English |
Type of questions | Multiple-choice questions |
Number of papers | 2 (Paper I and Paper II) |
Mode of exam | Home-based Online mode |
Events | Dates |
Last date of receipt of application form without late fee | December 30, 2020 |
Availability of ICMAI CAT Admit Card 2021 | January 15, 2021 |
Exam dates for ICMAI CAT | January 17, 2021 |
Declaration of ICMAI CAT Result | To be notified |
Before appearing for the ICMAI CAT examination candidates must fulfil the eligibility criteria for taking admission in the Foundation (Entry Level) Part-I of CAT Course. Go through the points of CAT eligibility criteria given below:
Students that have passed Class 10th
Students that have passed Class 12th
Students appearing in Class 12th exam
Candidates can fill the application form for ICMAI CAT 2021 online through the official website, icmai.in. The examination fees for Foundation Course (Entry Level) Part-I Examination is Rs. 730. The ICMAI CAT exam fees can be paid through a payment gateways such as Credit/Debit Card or Bank Draft in favour of “THE INSTITUTE OF COST ACCOUNTANTS
OF INDIA.” Candidates need to fill necessary details such as educational details, personal details and scanned passport size photograph. Candidates who apply for the CAT exam within 10 days of the last date of registration will have to pay an addition ICMAI CAT exam fee of Rs. 100.
ICMAI CAT course fees | Rs 9,800 |
Examination fees | Rs 730 |
After filling the application form for CAT 2021, it is important to start preparation using the official ICMAI CAT syllabus. The ICMAI CAT question papers are based on the following subjects.
Particulars | Details |
Foundation Course (Entry Level) Part-I | Paper 1: Fundamentals of Financial Accounting. Paper 2: Applied Business and Industrial Laws Paper 3: Financial Accounting-2 Paper 4: Statutory Compliance |
Competency Level – Part-II | (A) Fundamentals of Computers (B) Filling of Statutory Returns (C) Introduction to Costing Principles and Preparation of Cost Statements (D) 5-days Orientation Programme |
Students who wish to appear for ICMAI CAT exam need to go through the CAT exam pattern. It will be an online examination which will be 2 hours long. There will be two exams for Foundation level and Competency level. The exams have multiple-choice questions.
Mode of exam | Online |
Duration of exam | 2 hours |
Type of questions | Multiple-choice questions |
Number of papers | 2 |
Number of questions | 100 questions per paper |
Marking scheme | No negative marking 1 Mark for each correct answer |
Number of session each paper | 2 (Afternoon and Forenoon)y |
The admit card for CAT 2021 January session is released on January 15, 2021. Students that complete their CAT Application form before the last date can download the ICMAI CAT admit card from the official website. ICMAI CAT 2021 admit card will be published in online mode only. Candidates can log in using their CAT registration number and password. The admit card for CAT 2021 will consist of important details such as CAT Exam centre, students name, reporting timings, etc. ICMAI CAT admit card is a valid id proof for the CAT course.
Click here for the login page to download the CAT admit card 2021.
ICMAI CAT exam will be held at 52 test centres across the whole country. The CAT Exam centre will be updated on the official ICMAI website icmai.in. The test cities are mentioned in the table below:
Ajmer | Indore | Pudukkottai (TN) | Alleppey | Jaipur |
Bhopal | Raipur | Rajahmundry | Kannur | Bilaspur |
Kanpur | Chennai | Kasaragod | Sri Ganganagar | Surat |
Kolkata | Coimbatore | Cochin | Kollam | Thrissur |
Dehradun | Tinsukia | Delhi | Tirunelveli | Kota |
Trivandrum | Kozhikode | Kottayam | Dhanbad | Udaipur |
Madurai | Vellore | Malappuram | Erode | Durgapur |
Faizabad | Visakhapatnam | Muzaffarpur | Vijayawada | Gorakhpur |
Wayanad | Idukki | Guwahati | Nellore | Nagpur |
Haldwani | Patna | Palakkad | Pathanamthitta | Hyderabad |
The result for ICMAI CAT 2021 can be downloaded from the official ICMAI website by using registration details. The result will only be released online and no hard copy will be sent to candidates. Candidates can check ICMAI notifications to check the result a month after the exam.
Within 30 days of declaration of CAT result 2021, candidates can apply for verification of their answer sheets. Each paper will cost Rs 250 for verification. Only the totalling of marks and omissions are counted as verification of answer sheets. The details of question wise marks are not provided to candidates.
The question papers for CAT 2021 are based on a certain pass percentage. The pass percentage is given in the table below.
Standard of passing | Passing Marks |
Passing marks in each paper | 40% in each paper |
Total passing marks | 50% overall aggregate |
Paper I (100 Marks) | |
Section A: Fundamentals of Financial Accounting | 60 marks |
Section B: - Applied Business and Industrial Laws | 40 marks |
Paper-II (100 Marks) | |
Section A: Financial Accounting-2 | 50 marks |
Section B: Statutory Compliance | 50 marks |
CAT course covers and internship scheme of 45 days. Organisations that are prescribed under this scheme can be used for this internship. All registered candidates have to undergo this 45-day internship before appearing for the entry-level Foundation exam for CMAT CAT 2021. Candidates will have to submit the certificate of the internship employer at the end of the course and examination.
Students that have gone through the CAT exam pattern and syllabus must be thorough with the books recommended for the CMA CAT 2021 exam. The question papers for ICMAI CAT are based on the given books.
Title | Publisher | Author |
Paper: Fundamentals of Financial Accounting | ||
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Paper: Applied Business and Industrial Laws | ||
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Paper: Financial Accounting-2 | ||
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Paper : Statutory Compliance | ||
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ICMAI has its coaching centres all across India. Candidates can enrol in their nearest coaching centres to undergo oral coaching. The coaching centres help in equipping the candidates with requisite skills and understanding for the papers covered under this course. The CMA CAT course is provided by 4 regional councils across India. Each subject requires a minimum of 20 sessions in coaching.
The institute also prescribes official CMA CAT study material based on the syllabus of the course. Candidates that register for the CAT course will be provided CAT study material without any cost.
The Institute organises a series of mock tests for ICMAI CAT 2021. These enable the students to get an idea of the main exam and see if their system and microphone are compatible with the exam. The mock test for CAT Foundation Course (Entry Level) is conducted on January 13, 2021. Candidates can check the compatibility of their systems from the given link. All the details about the mock test will be updated on the ICMAI official website.
The Certificate in Accounting Technicians (CAT Course) is a short term course which includes knowledge areas, oral coaching, self-assessment opportunities, ICMAI CAT mock test, internship for 45 days and 5 days of the oriental programme. Students who successfully complete this course can get ICMAI CAT placement in entry-level accounting sectors. These jobs provide a good ICMAI CAT salary as well. The average minimum salary for ICMAI CAT 2021 is 3 to 4 lacs per annum. Some of the areas of placement for ICMAI CAT exam candidates include:
i. BPO’s and KPO’s
ii. Small & Medium Enterprises
iii. Retail
iv. Filing of Returns under Companies Act
v. Panchayats Accounting and Book-keeping
vi. Tax Return Prepares
vii. Filing of Returns under Income Tax, GST and Custom Acts etc
viii. Export & Import documentation etc
Candidates can receive CAT pass certificate after completion of the examination, assessment test, 3 months of internship, computer training and 5 days of the orientation programme.
No, all the students need to take admission in Foundation level of CMA CAT as there is no direct admission in competency level.
As per the CMA CAT 2021 exam pattern, the question paper will be hosted online and consist of multiple-choice questions.
At Foundation (entry-level -I) candidates that score 40% in each paper and an aggregate of 50% will be considered as passed.
The candidate can appear for CAT 2021 exam within three years from the date of their registration. Candidates will have to apply for re-registration after the expiry of their registration for their CAT course.
Students that qualify the Level 1 (Entry Level) under old syllabus 2008 will be eligible to appear for the assessment test for the Competency Level II under New Syllabus 2012.
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