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CMA FOUNDATION

CMA Foundation is the very first level in the CMA course. Candidates have to clear the CMA Foundation level before they can move on to the next two levels; CMA Intermediate and CMA Final. CMA Foundation provides you an in-depth knowledge to manage a business with available resources. It offers an emphasis on Accounting, Analysis, Reporting, Strategy, Performance Measurement, Corporate Allied Reporting, Taxation, and Governance. CMA Foundation course details are mentioned below.

Eligibility for Admission

  • A candidate should have passed Class 10 or equivalent from a recognized Board or Institution ; or
  • Passed the Senior Secondary School Examination under the 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed the National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Rural Higher Education;
  • Any Candidate who has passed the Foundation examination conducted by the Institute of Company Secretaries of India will be exempted from Foundation Course & vice versa ; or
  • Any Candidate who has passed the Intermediate Examination (by whatever name called) conducted by the Institute of Chartered Accountants of India will be exempted from Foundation Course. Similarly, any candidate who has passed the Intermediate examination will be exempted from Common Proficiency Test (i.e. entry level examination, by whatever name called) conducted by the Institute of Chartered Accountants of India.

EXEMPTION FROM CMA - FOUNDATION

A person desirous of becoming a Registered Student need to apply to the Institute in the prescribed Form, (enclosed herewith), with appropriate fees and to produce documentary evidence to the satisfaction of the Council that he/she has passed any of the following Examinations :

  • A degree Examination of any recognized University or equivalent;
  • A degree (honours) Examination of any recognized University;
  • Pursuing Engineering Course (having completed 2nd year/ Semester IV/equivalent) or Qualified Engineers-Direct Admission to Intermediate Course.
  • A Master Degree Examination of any recognized University or any of the Indian Institute of Management;
  • The Final Examination of the Institute of Chartered Accountants of India or England and Wales, or Scotland or Ireland or the Final Examination of the Chartered Institute of Management Accountants, London, or of the Final Examination of the Institute of Company Secretaries of India; Final Examination of the Association of Chartered Certified Accountants, U.K.
  • The Foundation Course Examination of this Institute;
  • Entry Level-Part I Examination of Certificate in Accounting Technicians (CAT) course of this Institute;
  • Entry Level-Part I Examination and Competency Level Part II Examination of Certificate in Accounting Technicians (CAT) course of this Institute can seek admission to Intermediate Course of Institute;
  • Section 'A' and Section 'B' Examinations of the Institution of Engineers (India) or equivalent;
  • Subordinate Accounts Service Examination conducted by the Central/State Government Organisations;
  • Part-I and Part-II of Banking Examinations styled C.A.I.I.B.;
  • Any other examinations as may be recognized by the Council for the purpose of admission as a registered student of the Institute.
  • Qualified in the Foundation Course Examination conducted by the Institute of Company Secretaries of India.
  • Intermediate (by whatever name called) Examination qualified students of the Institute of Chartered Accountants of India.

Procedure to take admission in CMA - foundation

  • Prospectus along with the Admission Form will be available at Regional Council Offices, Chapters, Recognized Oral Coaching Centres (ROCCs) & CMA Support Centres.
  • A candidate seeking admission as a student should submit duly filled in Admission Form and Identity Card (which are enclosed in the prospectus) to the concerned Regional Council/Chapter/ Recognized Oral Coaching Centres (ROCCs)/ CMA Support Centres.
  • A Students from foreign countries should submit the forms to the Headquarters only.
  • Copies of document giving the proof of qualification and age are also to be furnished.
  • Admission must be completed at least (4) four months prior to the commencement of Examination.
  • A student will be issued an Identification Number which will be valid for 3 (three) years along with the Identity Card.

Documents to be enclosed with application form

  • 1. Passport Photo (JPG/JPEG | 200 KB).
  • 2. Specimen Signature (JPG/JPEG | 100 KB).
  • 3. Age Proof (PDF | 300 KB.)
  • 4. 10th Pass Marksheet (PDF | 300 KB).
  • 5. 12th Pass Marksheet (PDF | 300 KB).

When to apply

For June term examination
On or Before 31st January of the same calendar year.
For December term examination
On or Before 31st July of the same calendar year.

FEE details

  • Registration Fee of CMA Foundation Course Rs.6000.
  • Examination Fee of CMA Foundation Course Rs.1200.

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As Per ICMAI New Syllabus

SL. NO. SUBJECT FACULTY TEACHING EXPERIENCE
1 FUNDAMENTALS OF ECONOMICS & MANAGEMENT CS MEGHA GOEL MAM 8 YEARS
2 FUNDAMENTALS OF ACCOUNTING CA ANKIT GYANCHANDANI SIR 11 YEARS
3 FUNDAMENTALS OF LAWS AND ETHICS CS AMAN GUPTA SIR / CS NIDHI NITI THAKUR 8 YEARS / 5 YEARS
4 FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS PROF. SALIM AHEMD SIR / CMA RAHUL GULATI 17 YEARS / 14 YEARS