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    ICMAI CAT 2021 - Dates, Application, Eligibility, Admit Card, Syllabus, Answer Key

    Edited By Team Careers360 | Updated on Apr 24, 2021 02:53 PM IST

    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.

    ICMAI CAT 2021:Overview

    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

    ICMAI CAT Exam Date 2021

    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

    ICMAI CAT Eligibility Criteria 2021

    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

    ICMAI CAT 2021 Application Form

    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.

    Application fee

    ICMAI CAT course fees

    Rs 9,800

    Examination fees

    Rs 730

    ICMAI CAT Syllabus 2021

    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.

    CAT Syllabus 2021

    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

    ICMAI CAT Exam Pattern 2021

    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.

    Exam Pattern

    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

    ICMAI CAT Admit Card 2021

    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 Centres 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:

    CAT Test Centres 2021

    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

    CAT Result 2021

    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.

    Verification of ICMAI CAT 2021 answer sheets

    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.

    ICMAI CAT 2021 Passing Marks

    The question papers for CAT 2021 are based on a certain pass percentage. The pass percentage is given in the table below.

    CAT Passing Marks

    Standard of passing

    Passing Marks

    Passing marks in each paper

    40% in each paper

    Total passing marks

    50% overall aggregate

    CAT 2021 Marking Scheme

    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

    ICMAI CAT Internship

    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.

    Books Recommended for ICMAI CAT 2021 Exam

    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.

    List of Books for ICMAI CAT 2021

    Title

    Publisher

    Author

    Paper: Fundamentals of Financial Accounting

    • An Introduction to Accounting

    • Modern Accountancy

    • Financial Accounting

    • Accounting in Business

    • Financial Accounting


    • Vikash

    • Tata McGraw Hill

    • S Chand

    • ELBS

    • Harcourt College Publishers


    • S N Maheshwari

    • Mukherjee & Haniff

    • Jawahar Lal

    • R J Bull

    • Porter and Norton


    Paper: Applied Business and Industrial Laws

    • Mercantile Law including

    • Industrial Law

    • Business & Industrial Laws

    • Mercantile Laws

    • Sultan Chand

    • Sultan Chand

    • Taxmann

    • Taxmann


    • N D Kapoor

    • Dr G K Kapoor

    • Sushma Arora

    • Dr V.K. Jain


    Paper: Financial Accounting-2

    • Advanced Accountancy

    • Modern Accountancy

    • Advanced Accounting

    • Advanced Accounts

    • Financial Accounting – A Managerial Perspective

    • Advanced Accountancy

    • Financial Accounting Vol. 1& 2

    • Basics of Cost Accounting

    • Oxford University Press

    • Tata McGraw Hill

    • Sultan Chand

    • Sultan Chand

    • Asian Books

    • New Age International

    • New Central Book Agency

    • Sultan Chand


    • Hrishikesh Chakraborty

    • Mukharjee & Haniff

    • Gupta & Radhaswamy

    • Shukla & Grewal & Gupta

    • Dr D. Mukhopadhyay

    • M.E. Thukaram Rao

    • Dr S.K. Paul

    • V.K. Saxena & C.D. Vashist


    Paper : Statutory Compliance

    • Direct Taxes Law & Practice

    • Direct Tax Planning and Management

    • Indirect Taxes Law & Practice


    • Taxmann

    • Taxmann

    • Taxmann


    • V.K. Singhania

    • V.K. Singhania

    • V.S. Datey


    ICMAI CAT Coaching and Study Material

    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.

    ICMAI CAT Mock Test 2021

    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.

    ICMAI CAT placement

    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

    Frequently Asked Question (FAQs)

    1. When will I receive my CAT pass certificate by ICMAI?

    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.

    2. I am a recent college graduate. Can I take admission in the competency level II of ICMAT CAT 2021 under the syllabus 2012?

    No, all the students need to take admission in Foundation level of CMA CAT as there is no direct admission in competency level.

    3. What is the ICMAI 2021 CAT exam pattern?

    As per the CMA CAT 2021 exam pattern, the question paper will be hosted online and consist of multiple-choice questions.

    4. What is the pass percentage for ICMAI CAT 2021 exam?

    At Foundation (entry-level -I) candidates that score 40% in each paper and an aggregate of 50% will be considered as passed.

    5. How long will my ICMAI CAT registration remain valid?

    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.

    6. I am a student of CAT course under the old syllabus 2008. Can I apply for the CAT course under New Syllabus 2012?

    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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    The career as a Talent Agent is filled with responsibilities. A Talent Agent is someone who is involved in the pre-production process of the film. It is a very busy job for a Talent Agent but as and when an individual gains experience and progresses in the career he or she can have people assisting him or her in work. Depending on one’s responsibilities, number of clients and experience he or she may also have to lead a team and work with juniors under him or her in a talent agency. In order to know more about the job of a talent agent continue reading the article.

    If you want to know more about talent agent meaning, how to become a Talent Agent, or Talent Agent job description then continue reading this article.

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    Film Maker

    Film making is an art performed by various creative people which can be defined as a creative and interpretive process that culminates in the authorship of an original work of art rather than a simple recording of a simple event.  Individuals who opt a career as film maker are required to envisage a way to translate a screenplay into a fully formed film and then realise the vision. Film maker’s job descriptions include overseeing the artistic and technical aspects of the film. Filmmaker job description involves organising the film crew in such a way to achieve their vision of the film and communicating with the actors. Individuals who opt for a career as a film maker are required to possess skills such as group leadership, as well as the ability to maintain a singular focus even in the stressful and fast-paced environment of the production set. Students can visit FTII Pune and JNU Delhi to study film making courses.

    This article talks in detail about how to become a filmmaker in India or is film director a good career.

    2 Jobs Available
    Reporter

    Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

    4 Jobs Available
    Journalist

    Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

    3 Jobs Available
    News Anchor

    A career as news anchor requires to be working closely with reporters to collect information, broadcast newscasts and interview guests throughout the day. A news anchor job description is to track the latest affairs and present news stories in an insightful, meaningful and impartial manner to the public. A news anchor in India needs to be updated on the news of the day. He or she even works with the news director to pick stories to air, taking into consideration the interests of the viewer.

    3 Jobs Available
    Publisher

    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

    3 Jobs Available
    Vlogger

    In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. Ever since internet cost got reduced the viewership for these types of content has increased on a large scale. Therefore, the career as vlogger has a lot to offer. If you want to know more about the career as vlogger, how to become a vlogger, so on and so forth then continue reading the article. Students can visit Jamia Millia Islamia, Asian College of Journalism, Indian Institute of Mass Communication to pursue journalism degrees.

    3 Jobs Available
    Advertising Manager

    Advertising managers consult with the financial department to plan a marketing strategy schedule and cost estimates. We often see advertisements that attract us a lot, not every advertisement is just to promote a business but some of them provide a social message as well. There was an advertisement of a washing machine brand that implies a story that even a man can do household activities. And of course how could we even forget those jingles which we often sing while working.

    3 Jobs Available
    Author

    Individuals in author career path are someone who chooses a field to write in and can go about it according to his or her wish. It is considered one of the most careers for writers. Being an author and writing something which breaks all possible records is entirely in the hands of an individual. It is one of those careers where one gets to ‘be his or her own boss’. Not only an author could also be a freelancer or could do the job as a hobby or passion. Careers for writers are not just limited to writing novels or poems but also includes several other career options like screenwriter, copywriter, playwright, so on and so forth.

    3 Jobs Available
    Copy Writer

    In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

    2 Jobs Available
    Gemologist

    A career as a gemologist is as magnificent and sparkling as gemstones. A gemologist is a professional who has knowledge and understanding of gemology and he or she applies the same knowledge in his everyday work responsibilities. He or she grades gemstones using various equipment and determines its worth. His or her other work responsibilities involve settling gemstones in jewellery, polishing and examining it. 

    4 Jobs Available
    Production Manager

    Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers. 

    Resource Links for Online MBA 

    3 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    Merchandiser

    A career as a merchandiser requires one to promote specific products and services of one or different brands, to increase the in-house sales of the store. Merchandising job focuses on enticing the customers to enter the store and hence increasing their chances of buying a product. Although the buyer is the one who selects the lines, it all depends on the merchandiser on how much money a buyer will spend, how many lines will be purchased, and what will be the quantity of those lines. In a career as merchandiser, one is required to closely work with the display staff in order to decide in what way a product would be displayed so that sales can be maximised. In small brands or local retail stores, a merchandiser is responsible for both merchandising and buying. 

    2 Jobs Available
    Quality Systems Manager

    A Quality Systems Manager is a professional responsible for developing strategies, processes, policies, standards and systems concerning the company as well as operations of its supply chain. It includes auditing to ensure compliance. It could also be carried out by a third party. 

    2 Jobs Available
    Production Planner

    Individuals who opt for a career as a production planner are professionals who are responsible for ensuring goods manufactured by the employing company are cost-effective and meets quality specifications including ensuring the availability of ready to distribute stock in a timely fashion manner. 

    2 Jobs Available
    Commercial Manager

    A Commercial Manager negotiates, advises and secures information around pricing for commercial contracts. He or she is responsible for developing financial plans in order to maximise the business profitability.

    2 Jobs Available
    Metrologist

    You might be googling Metrologist meaning. Well, we have an easily understandable Metrologist definition for you. A metrologist is a professional who stays involved in the measurement practices in varying industries including electrical and electronics. Metrologists are responsible for developing processes and systems for measuring objects and repairing electrical instruments. It also involves writing specifications of experimental electronic units. 

    2 Jobs Available
    Computer Programmer

    Careers in computer programming primarily refer to the systematic act of writing code and moreover includes wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech-enthusiast. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word processing applications and browsers.

    3 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    ITSM Manager

    ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks. 

    3 Jobs Available
    Java Programmer

    A Java Programmer is a professional responsible for designing, implementing, and maintaining Java applications. The individual in the java programmer job ensures that the designs are in compliance with the client’s or employing organisation’s specifications and transforms requirements into stipulations. 

    2 Jobs Available
    Application Tester

    Are you searching for an App Tester job description? An Application Tester is a computer science professional responsible for evaluating and assessing the new applications and programmes to ensure their functionality is in compliance with the set standards. He or she stays focused on the functions of the application that users are most likely to interact with. 

    2 Jobs Available
    Business Intelligence Analyst

    A Business Intelligence Analyst is responsible for making the extensive amount of available data useful to the company. He or she mines and analyses data to make recommendations concerning the growth strategy of the company to contribute in maximising its profitability. 

    2 Jobs Available
    .NET Developer

    .NET Developer Job Description: A .NET Developer is a professional responsible for producing code using .NET languages. He or she is a software developer who uses the .NET technologies platform to create various applications. Dot NET Developer job comes with the responsibility of  creating, designing and developing applications using .NET languages such as VB and C#. 

    2 Jobs Available
    Corporate Executive

    Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

    2 Jobs Available
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