The Institute of Cost Accountants of India (ICMAI) has announced an extension of the registration deadline for the Certified Management Accountant (CMA) foundation, intermediate, and final courses. For the December 2023 session, applicants now have until August 17 to submit their application forms. Eligible individuals can conveniently access the CMA foundation, intermediate, and final application forms on the official website, icmai.in.

Additionally, the Institute has also granted an extension until August 17 for enrolled students to pay the second installment of their course fees. Eligibility criteria for the CMA Foundation stipulate that candidates must have cleared Class 10 or Class 12 exams or have taken a comparable examination. On the other hand, CMA Intermediate is open to those who possess a bachelor’s degree and have successfully completed the intermediate course offered by the Institute of Chartered Accountants of India.

Regarding the fee structure for ICMAI 2023 courses:

• CMA Foundation: Rs 6000
• CMA Intermediate: Rs 23,100
• CMA Final: Rs 25,000

Notably, a qualification in CMA Intermediate is a prerequisite for eligibility in the CMA Final course. The Institute had previously communicated that CMA examinations for 2023, following the new syllabus, would commence in the June term and continue until December 2023. A nominal fee of Rs 250 is required for switching from the old syllabus to the new one. However, students who have successfully completed the Common Admission Test (CAT) are exempted from the Business Laws and Ethics (BLE) paper under the new syllabus. This exemption also applies to CAT Part I graduates.

Looking ahead, the Institute of Cost Accountants of India (ICMAI) will soon release the results of the CMA foundation exams held in June 2023. CMA Padmanabhan H Pappaniob has informed candidates that results for the CMA Foundation June 2023 examinations will be available for viewing prior to August 10, as per their requests. These results can be accessed on ICMAI’s official website, icmai.in.

The CMA Foundation June 2023 exam took place on July 16, with two separate shifts. The exam comprised four papers covering subjects like fundamentals of laws and ethics, fundamentals of business mathematics and statistics, fundamentals of accounting, and fundamentals of economics and management. The morning session (10 AM to 12 PM) included two papers, while the afternoon session (2 PM to 4 PM) covered the remaining two papers.