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ICMAI CMA Final Course 2023 Details – Syllabus, Fees, Duration (Complete Guide)

ICMAI CMA Final course is the last stage of the CMA Course (Cost and Management Accountanting). It is conducted by the parent body Institute of Cost and Management Accounts of India (ICMAI). The CMA Final syllabus includes 8 subjects that are divided into 2 groups. Students can find the syllabus on the official website of ICMAI.

All the students who have cleared the CMA Intermediate Course are eligible to register for the CMA Final course. The CMA Final registration for June 2023 exams can be done on the ICMAI website before 31st January 2023. After registration, students have sufficient time to prepare for the exams. In order to get a good CMA Final result and clear the exam on the first attempt, you have to study hard.

To simplify the students’ research here, we have brought a descriptive guide that contains all the valuable information regarding the CMA Final course. It includes the significant dates, eligibility criteria, registration form and its fees, admit card, syllabus, study material, result, etc., for the ICMAI CMA Final exam 2023.

Students who want to clear this exam in the first attempt with a rank can join VSI Jaipur’s CMA Final coaching. Here, you’ll be getting quality teaching from experienced teachers, timely completion of syllabus, frequent mock test papers and personalized guidance to every student.

CMA Final Course: Important Dates

The very first thing that the candidates must know about is the important dates for the CMA Final course. Not only the CMA Final exam dates, but you should also be aware of the dates for registration, the admit card and the result date. So here, let us see what ICMAI has released significant dates till now for the CMA Final Course of June 2023.

S. No.EventsDates
1.CMA Final Registration Form June 2023 Last DateJan 31, 2023
2.Release of Admit card for CMA Final 2023June 2023
3.CMA Final Exam DatesJune 2023
4.CMA Final Result DateAugust 2023
5.Verification of Answer Sheet of CMA Final 2023TBA

CMA Final Eligibility Criteria 2023

Before registering for the CMA Final course, students must check and fulfil the eligibility criteria specified by ICMAI. You can also check if there are any new updates regarding the eligibility criteria. Candidates can refer to the following CMA Final eligibility criteria as per ICMAI for CMA Final 2023,

  • Aspirants must have cleared the CMA Intermediate exam conducted by ICMAI.
  • The candidates must have a valid CMA registration number.
  • Students must have completed the prescribed training or articleship.
  • The candidate should not be in any way debarred from appearing in the CMA Final Course.

ICMAI CMA Final Registration 2023

There are two steps to completing the registration process for the students appearing in the ICMAI CMA Final 2023 Exam. It includes registration and then filling out the form. Let us see how you will be completing the entire process.

Registration Process:

Step 1. Open the official site of ICMAI i.e. for registration in the CMA Final course.

Step 2. Click on “Online admission” from the menu on the left. From there, go to the “CMA Final Course”.

Step 3. Now, fill in the email id, coaching type and all the other required information. Afterwards, click “Send OTP”.


Step 4. After this, you will get the OTP for registration with login credentials. You’ll see the CA Final application form, where you’ll need to enter the specified details.

Step 5. The next step is to upload the required documents.

Step 6. The final step is to pay the required CMA Final registration fees.

This is the complete registration process for the CMA Final course. Once you have successfully submitted the registration fees and documents, you will receive a welcome mail. After verifying the documents, you will also receive the registration number.

ICMAI CMA Final Registration Fees 2023

The following is the CMA Final registration fees required for the 2023 exam. Also, make sure that this is the registration fee apart from the application form fee.

Option I (Without instalment)Option II (With Installment)Option I (Without instalment)Option II (With Installment)
Rs. 25000Rs. 15000
Rs. 10000
Rs. 25000Rs. 15000
Rs. 10000

Syllabus of CMA Final Course 2023

The entire CMA Final syllabus is divided into two groups, each with four papers. You can appear in both groups at once or appear only one at once. The subjects that you are going to study in the CMA Final course are –

Group I

  • Corporate Laws & Compliance
  • Strategic Financial Management
  • Strategic Cost Management – Decision Making
  • Direct Tax Laws and International Taxation
  • Group II

    • Corporate Financial Reporting
    • Indirect Tax Laws and Practice
    • Cost and Management Audit
    • Strategic Performance Management and Business Valuation
    • CMA Final Syllabus with Section-wise weightage and Marks Distribution

      CMA Final SubjectsSectional weightage
      CMA Final Group III
      Corporate Laws & Compliance (P-13)Section A: Companies Act 60%
       Section B: Other Corporate Laws 25%
       Section C: Corporate Governance 15%
      Strategic Financial Management (P-14)Section A: Investment Decisions 25 %
       Section B: Financial Markets and Institutions 20%
       Section C: Security Analysis and Portfolio Management 25%
       Section D: Financial Risk Management 30%
      Strategic Cost Management – Decision Making (P-15)Section A: Cost Management (20%)
       Section B: Strategic Cost Management Tools (50%)
       Section C: Strategic Cost Management: Its applications(30%)
      Direct Tax Laws and International Taxation (P-16)Section A: Advanced Direct Tax Laws 50%
       Section B: International Taxation 30%
       Section C: Case Study Analysis 20%
      CMA Final Group- IV 
      Corporate Financial Reporting (P-17)Section A: GAAP and Accounting Standards 20 %
       Section B: Accounting of Business Combinations and their Restructuring (20%)
       Section C: Consolidated Financial Statements 20%
       Section D: Developments in Financial Reporting 25%
       Section E: Government Accounting in India 15%
      Indirect Tax Laws & Practice (P-18)Section A: Advanced Indirect Tax as well as Practice 80%
       Section B: Tax Practice and Procedures 20%
      Cost & Management Audit (P-19) 
       Section A: Cost Audit 35%
       Section B: Management Audit 15%
       Section C: Internal Audit, Operational Audit and the related issues 25%
      Strategic Performance Management and Business Valuation (P-20)Section A: Strategic Performance Management 50%
       Section B: Business Valuation 50%

ICMAI CMA Final Study Material & Coaching Classes 2023

There are two modes in which you can avail of the ICMAI Final Coaching: Oral and Postal mode. Let us see what these two modes are,

Oral Mode: For any materials such as study and coaching classes, the student needs to contact their regional council after getting the registration number.

Postal: In this form, you will receive your study material for the CMA Final course via post after the allotment of the registration number.

ICMAI CMA Final Exam Form 2023

After the cutoff dates for the CMA Final course of one session, ICMAI releases the application form in online mode. Make sure to fill out the exam form before the deadline because if you fail to fill out the CMA Final exam application form, you won’t be allowed to take the exam along with registration. You can either appear in one group or both groups, it totally depends on you. This you need to mention in the application form as well. You also need to fill out the preferred examination centres in the state.

Process to submit the CMA Final Exam Application Form

    • Visit the following link to go to the ICMAI page to fill out the application form –
    • Now enter your current CMA registration number and press on “Click Here” button.
    • Afterwards, enter the required details and then click on “Submit”.
    • Now you have to upload your photograph and sign in these format – .jpg / .jpeg / .bmp. Also make sure that the file is under 40 kb.
    • The final step is to pay the CMA Final exam fees.

CMA Final Exam Form Fees

CMA Final GroupFees
III or IV1,400
Both III or IV2,800

ICMAI CMA Final Admit Card 2023

The admit cards for the CMA Final exam 2023 will be issued 2 weeks before the commencement of the exams. Admit card is crucial, and the student must download it and take it with themselves in the examination hall, or else they won’t be allowed inside the gallery.

Download ICMAI CMA Final Admit Card 2023

  • Visit the ICMAI website.
  • Open the examination window.
  • From the drop-down menu, select “Admit Card”.
  • Click on the CMA Final Exam.
  • Now enter your credentials and download your CMA Final admit card and keep a printout.
  • Now, as you download the admit card, you must verify the details mentioned on that, such as –

    • Name of the candidate
    • Photograph and the signature
    • Roll number
    • Date and time of exams and the exam centre
    • Examination instruction

    • CMA Final Exam Pattern

      Before starting the CMA Final exam preparation, the students must check the exam pattern so that accordingly, you can plan an exam strategy for themselves. Here you will get the exam pattern for the CMA Final course, syllabus, and weightage for each paper.

      Marks carried by each subject100 marks
      Duration of each paper3 hours
      Medium of ExamEnglish

      Mode of the Examination: To ensure the safety of students in the COVID-19, there are three modes suggested for the examination: Centre-based online mode, Opt-out from examination, and home-based online mode.

ICMAI CMA Final Result 2023

The notification for the ICMAI CMA Final result 2023 will be released on the official website of ICMAI. To pass the exam, the students must get 50% marks in aggregate and have obtained 40 % marks in each subject. Check out the step by step process to get your CMA Final result.

  • Go to the official website of ICMAI.
  • Click on the Examination tab
  • Select the result option from the menu.
  • Next, click on the CMA Final Result.
  • Enter your identification number and click on view the result.
  • Now the result will appear on the screen
  • Check the CMA salary in India in the year 2023 in our detailed blog.

CMA Final Preparation Tips 2023

The very first thing that a candidate appearing for the CMA Final course should consider is going through the syllabus and the exam pattern. This will give a good idea to make an effective strategy to prepare for the exam. For the preparation purpose, students must refer to the CMA Final study materials by ICMAI.

The first strategy will be to stick with the official study materials. The next most important thing is to practice as many questions as from CMA Final mock test papers, past year papers, modules, question banks, etc. Students must appear in the mock test online or offline before the exam to get familiar with it.

Enrol in the CMA Final class now to get the best result and clear the exam with a single-digit rank.

CMA Final Demo Lectures of VSI Institute

What After CMA Final Course?

Once you have completed the CMA Final course with a good score, a thousand gates open for you, there are numerous career paths that you can go on further. This is because CMA is in high demand in all the firms for the knowledge of finance and accounting. This knowledge plays a crucial role in the growth and development of the business. So, the primary career options in front of the CMAs are:

  • Multi-National Companies
  • Financial Consulting
  • Financial Services
  • US Based firms and organizations

Apart from the posts suggested above, one can also become an independent financial consultant or advisor for any big or small firm as per their interests. The major sectors where the CMA are demanded includes the following areas:

  • Financial Accounting
  • Financial Risk Management
  • Management Consulting & Performance Management
  • Financial Analysis
  • Venture Capital
  • Financial Planning
  • Internal Auditing
  • Corporate Finance
  • Corporate Governance
  • Information Technology
  • Management and Cost Accounting

The CMAs can also pursue further education after passing the CMA Final course. So, the one who can continue adding more skills to the profile can opt for CPA. After CPA, knowledge such as Attestation, Taxation, Auditing, and Financial Accounting and Reporting will be a part of the profile of CMA.

Hence, similarly, the CMA can also opt for several other educational streams or posts in the first as per their wish. This shows that a CMA has a bucket full of opportunities further.


Ques. Who can appear in the CMA Final Exam conducted by ICMAI?

Ans. Only the candidates who have passed the ICAMI CMA Intermediate paper can appear for the CMA Final Exam along with the necessary eligibility criteria.

Ques. How to get the CMA Final Study Material?

Ans. On the ICMAI official website, go to the CMA final 2021 exam level. Then select the option of CMA Final Study Material and here you can download the materials for all the papers.

Ques. Which group in the CMA Final Course is easier to crack?

Ans. Generally, it has been seen that students consider the 2nd group easier than the first one.

Ques. Can a master’s degree holder apply directly for CMA Final exam?

Ans. No, there is no direct entry in the CMA Final Exam 2023.

Ques. What is the last date to register for the ICMAI CMA Final exam for June 2023?

Ans. The last date to register for the ICMAI CMA Final exam for the June session is 31st January 2023.

Ques. What types of questions are asked in ICMAI CMA Final paper?

Ans. Both objective and subjective types of questions can be found in the papers of CMA Final.