Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
He is the best CMA Foundation faculty in India. He has produced many toppers & rank holders. His video classes are available only here - 
CMA Foundation Eligibility Criteria – Dec 2020
The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objective of promoting, regulating and developing the profession of Cost Accountancy. The Institute of Cost Accountants of India is the only recognized statutory professional organisation and licensing body in India specializing exclusively in Cost and Management Accountancy.
cma foundation eligibility criteria
ICWAI | CMA Foundation Eligibility Criteria – After completion of the 12th class, a candidate can apply for the foundation course. ICWAI has changed its name to ICAI and also ICWA course name is changed into CMA course.The minimum age required for registering for the CWA/ICWA Foundation is 17 years on the date of registration.
ICWAI | CMA Foundation Eligibility Criteria | ICWAI foundation:
| The candidate has to pass 10th class or equivalent from a recognized board. |
| 10+2 from a recognized board or an examination equivalent to 10+2 which is recognized by the central government. Or diploma in commerce examination held by all India council of 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. |
| The minimum age required for registering for the CWA/ICWA Foundation is 17 years on the date of registration.It should be noted that, for registering for the subsequent level i.e. intermediate level a candidate should have completed 18 years age on the date of making application for registration for the level. |
| Those who have qualified National Diploma in Commerce Examination by AICTE / State Board of Technical Education are also eligible for CMA Foundation exam. |
CMA Foundation-Course Duration
Eligibility for CMA foundation : The minimum course duration as per the regulations of the institution is 6 months The course duration is the minimum time that a student has to spend on taking up the course at this level. It is the period starting from the time the student gets registered for the course, to the time the student completes the course at this level.
The actual time that a student has to spend on the course would be dependent on the actual date of registration.
ICMAI CMA Foundation Syllabus
Following is the syllabus for CMA Foundation for all the Four papers.
Paper 1: Fundamentals of Economics and Management (FEM)
| Section – A Fundamental of Economics | Section – B Fundamental of Management |
| – Basic Concepts of Economics – Micro & Macro – Forms of Market – Money and Banking | – Management Process |
Paper 2: Fundamental of Accounting (FOA)
| Section – A Fundamental of Financial Accounting | Section – B Fundamental of Cost Accounting |
| – Accounting Basics – Accounting for Special Transactions – Preparation of Final Accounts | Fundamentals of Cost Accounting |
Paper 3 : Fundamental of Laws and Ethics
| Section – A Fundamental of Commercial Laws | Section – B Fundamental Of Ethics |
| – Indian Contracts Act, 1872 – Sale of Goods Act, 1930 – Negotiable Instruments Act, 1881 | Ethics and Business |
Paper 4 : Fundamental of Business Mathematics and Statistics (FBMS)
| Section – A Fundamental of Business Mathematics | Section – B Fundamental of Business Statistics |
| – Arithmetic – Algebra | – Statistical Representation of Data – Measures of Central Tendency and Dispersion – Correlation and Regression – Probability |
Important Notification regarding Foundation Examination
Eligibility for CMA foundation : This is for the information of all concerned that effective from June 2017, the examination for Foundation course of the Institute will be held twice a year (i.e., June & December) in descriptive mode for all the four subjects, each carrying 100 marks as opposed to online examination (MCQ based) of four subjects of 50 marks each that is being conducted currently. That is, December 2015 term will be the last term for conducting MCQ based online examination and those candidates who will be unsuccessful in June 2017 will be given another opportunity in March 2016 for appearing in the MCQ based online examination.
Along with CMA Foundation Eligibility Criteria , you must read other articles for CMA Foundation Exam
CMA Foundation exam important links for CMA students
CMA Foundation Exam Best Resources
CMA Foundation Video classes by Gold medalist ICMAI faculty
No 1 CMA Foundation Android App
ICMAI CMA Foundation Exam youtube channel
