CMA Foundation Course Details

Get full details of CMA Foundation Course. CMA is one of the best course to study in INDIA. Students who have completed CMA Course are enjoying their life with some good & well settled jobs with the best packages. So, most of the students are choosing CMA as their career after completion of Intermediate. But it’s not that easy to complete the CMA Course. You have to work very hard for nearly 3 to 4 years to complete CMA Course. Coming to the details about CMA Foundation Course, to become a CMA one has to pass through all the 3 stages in CMA Course, among those, the first one is CMA Foundation Course which we are going to discuss here. CMA Foundation Test is the entrance test for CS Course which tests the student in four areas viz. Fundamentals of Economics and Management, Fundamentals of Accounting, Fundamentals of Laws and Ethics & Fundamentals of Business Mathematics and Statistics. CMA Foundation is an objective type test with negative marking for each wrong option. This test will be conducted twice a year in the months of June & December.

CMA Foundation Course Details

Eligibility for CMA Foundation Registration

Eligibility for Admission:
(a) A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
(b) Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed 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 Higher Education.Incumbents waiting for the result can apply for provisional admission

CMA Foundation Exemption for CA CPT & CS Foundation Students

Students who have already passed CA Inter (IPCC) of ICAI and CS Foundation of ICAI are eligible for exemption for CMA Foundation Course and they can directly register for CMA Intermediate Course.

CMA Foundation Registration Fee Details

Cost of Prospectus Rs.250Students who registered at least 4 months before the ICWA Registration Last date are eligible to write the examination.

Course Eligibility Fees (Oral) Fees (Postal)
Foundation Course Passed 10th Class Rs.4000 /- Rs.4000 /-

Documents Required For Registration

Enrollment Type for Foundation Minimum documents must be uploaded
1) 10th Pass a) Passport Photob) Specimen Signaturec) Age Proofd) 10th Pass Marksheet
2) Provisional (Yet to complete 10+2) a) Passport Photob) Specimen Signaturec) Age Proofd) 10th pass Marksheet.e) 12th Appeared Admit Card.
3) Regular (10+2 passed) a) Passport Photob) Specimen Signaturec) Age Proofd) 10th Pass Marksheet.e) 12th Pass Marksheet.

Documents to be enclosed with application form:

  • Attested Copy of Matriculation Certificate
  • Attested copy of 10+2 Certificate or Marks Statement
  • 3(Three) Passport size photographs – (One pasted on application form, one pasted on identity card and one to be attached with application)(Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college)

When to Apply for CMA Founadtion

Admission to foundation course for the ICAI course is open throughout the year However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year.

How to register for CMA Foundation 2018?

Also Read: CMA Foundation Registration June 2018 – Procedure, Fee, Last Date Details Students admitted/registered/enrolled to Foundation course at least 4 months prior to the month of Examination shall be eligible to appear in the Foundation Examination, subject to completion of specified trainings.Step I – Please Visit to following website – II – Now click on “Click Here” ButtonStep III – Click on FoundationStep IV –  Please Select Your Coaching Type and Click on “OK” Button, Now You can see following Screen

CMA Foundation Online Registration

Step V – Fill all columns and submit for Registration

Where to submit/dispatch filled-in application form?

All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils / Chapters only.Regional Councils and area covered by the region are given below:

Address of Regional Councils Area Covered
Western India Regional Council “Rohit Chambers”,4th Floor Janmabhoomi Marg,Fort Mumbai – 400 001 Ph : 022-22872010/ 22841138/ 22043406/ 22043416 Fax : 91- 022- 22870763 Email: Web site : The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli.
Southern India Regional Council 4, Montieth Lane, Egmore,Chennai – 600 008 Ph:044-28554443/28554326/28528219 Fax : 91- 044- 28554651 Website: Email: The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep
Eastern India Regional Council 84, Harish Mukherjee Road,Kolkatta – 700 025 Ph : 033 -24553418 /24555957 Fax : 91 033-2455-7920 Email: The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.
Northern India Regional Council 3, Institutional Area, Lodi Road,New Delhi – 110 003 Ph : 011 – 24626678 / 24615788 Fax : 24622156 Email: The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh.

List of Subjects in CMA Foundation

Paper – 1 Fundamentals of Economics and Management
Paper – 2 Fundamentals of Accounting
 Paper – 3 Fundamentals of Laws and Ethics
Paper – 4 Fundamentals of Business Mathematics & Statistics

Paper 1 – Contents and Weightage

                                                CONTENTS Weightage
Section A : Fundamentals of Economics
    1. Basic concepts of Economics 20%
    2. Forms of Market 20%
    3. Money and Banking 10%
Section B : Fundamentals of Management  
     4. Management Process 50%

CMA Foundation Syllabus Paper 2 Accounts – Contents and Weightage

                                                            CONTENTS   Weightage
Section A : Fundamentals of Financial Accounting  
   1. Accounting Fundamentals 35%
   2. Accounting for Special Transactions 20%
   3. Preparation of Final Accounts 25%
Section B: Fundamentals of Cost Accounting  
   4. Fundamentals of Cost Accounting 20%

CMA Foundation Syllabus Paper 3 Laws & Ethics – Contents and Weightage

                                                         CONTENTS     Weightage
Section A : Fundamentals of Commercial Laws
1. Indian Contracts Act, 1872          40%
2. Sale of Goods Act, 1930          20%
3. Negotiable Instruments Act, 1881          10%
Section B : Fundamentals of Ethics
4. Ethics and Business           30%

CMA Foundation Syllabus Paper 4 Maths – Contents and Weightage

                                                                 CONTENTS   Weightage
Section A : Fundamentals of Business Mathematics  
     1. Arithmetic 20%
     2. Algebra 20%
Section B : Fundamentals of Business Statistics  
    3. Statistical representation of Data 10%
    4. Measures of Central Tendency and Dispersion 30%
    5. Correlation and Regression 10%
    6. Probability 10%

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