The CMA is the golden gate to enter into the field of Management Accounting. It is an advanced certification course specifically designed to measure advance accounting and financial management skills. The CMA has significant market demand not only in India but also in the abroad countries.
The Institute of Cost Accountants of India (ICMAI) conducts this exam twice a year. CMA course can be divided into three stages,
You will get two chances every year to qualify for CMA Foundation exam. You have to pass every stage to get the CMA completion certification. You should have depth knowledge in all subjects to crack the exam. For that, you should prepare with the best CMA Foundation books, study materials and CMA Foundation Study Materials.
You will get tremendous opportunities after doing CMA in India. You will find scopes across all areas of an organization: in decision support, planning, and control functions. After completion of CMA course, one will able to apply for the job profiles that are widely known are CFO, Treasurer, Controller, Finance Manager, Internal Auditor, Budget Analyst, Financial Analyst, Corporate or division planner, Senior Accountant, Cost Accountant, Staff Accountant.
CMA Foundation Exam 2020
You should have a basic idea on CMA Foundation Exam before choosing right CMA Foundation books PDFs, ICWA foundation books and CMA Foundation scanners combo.
Name: CMA Foundation Exam
Conducting Body: (ICMAI) The Institute of Cost Accountants of India
Official Website: icmai.in
Level: Entry Level
Mode of Exam: Pen and paper-based (offline)
Duration: 180 minutes
Question Type: Subjective type
Total Marks: 100 marks for each paper
Course Period: Thirty-six (36) months
Total Number of Papers: 4
Eligibility Criteria For CMA Foundation
You should have passed Class 10 or equivalent from a recognized Board or Institution.
You must be passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent.
Or, you should have 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, you have passed the Diploma in Rural Service Examination conducted by the National Council of Higher Education.
The four papers in the CMA Foundation exam each carry a weight of 100 marks. The duration of each exam is three hours. To qualify, students must secure 40 percent marks in each paper and an aggregate of 50 percent in a single attempt.
The four papers of the CMA Foundation are as follows:
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 & Statistic
CMA Foundation Books
You can find CMA Foundation Books in the official site of ICMAI. You can also join the training program for the CMA Foundation organized by ICMAI. They are also providing CMA Foundation study material PDF. Apart from that, you will best CMA Foundation text Books PDF here in Kopykitab.
Best CMA Foundation Study Materials
The popularity of the course is increasing day by day. So you have to face high competition in the exam. ICMAI study materials alone are not sufficient to score better qualifying marks. You have to purchase other study materials to boost your preparation level. You can get,
Some of the best time-tested study materials to assist you in your CMA Foundation preparation include:
CMA Foundation Books For Fundamentals of Economics & Management (Best Reference Books)
Shuchita Prakashan Ltd. (Solved Scanner): Arun Kumar, Dr. Himanshu Srivastava & CA Mohit Bahal, Prof. Arun Kumar, Raj K. Agarwal, Rupesh Agarwal
CMA Foundation Books For Fundamentals of Accounting Best Reference Books
Fundamentals of Accounting: N S Zad
Financial Accounting: Jasmine Kaur
Cost Accounting And Financial Management A Practical Guide: G Sekar & B Saravana Prasath
Guide To Indian Accounting Standards (Ind As) (Set Of Two Volumes): Taxmann
CMA Foundation Books For Fundamentals of Laws & Ethics Best Reference Books
Fundamentals of Laws & Ethics: CA Jaishree Soni
Offenses Under Company Law (Penalties & Punishments): CA Kamal Garg
A Handbook On Law, Ethics, And Communication: Best Word Publication
A Handbook On Law, Ethics, And Communication: Case Creation
CMA Foundation Books For Fundamentals of Business Mathematics Best Reference Books
Fundamentals of Business Mathematics: Dr. S.R. Arora /Dr. Kavita Gupta
Fundamentals of Business Mathematics: Dr. J.K. Thukral
Business Mathematics & Statistics Somma Garg / Arun Julka
Business Mathematics ( Fully Solved Previous Years Examinations Papers): Dr. S.R. Arora /Dr. Kavita Gupta
Other Study Materials
You can choose other study material like Shuchita Prakashan Scanner to boost the preparation level.
You should also practice previous exam papers, mock tests, and sample papers as much as possible to understand the exam pattern better. It will also increase your exam time management and improve the speed of solving any problems.
Why Choose Kopykitab For CMA Foundation Exam Preparation?
At KopyKitab, you can find the best quality study materials from famous publishers. You can correctly prepare for the CMA Foundation exam with these study materials. You can easily access our CMA Foundation Study Materials at any time from any locations. Find the study materials as below,
You can shift your CMA Foundation exam preparation into the next level. It will be helpful to clear the exam with depth knowledge on every topic and with a better score.
CMA Foundation Fee Details
You can check the complete fee details for CMA Foundation 2020 exam in below.
Admission to Foundation Course: 4000/-
Step By Step ICMAI CMA Foundation Application Process 2020
Check the complete CMA Foundation application 2020 as below to apply online.
You have to visit the official website, i.e., icmai.in
You have to click on the link ‘Students” from the navigation menu.
Now click on ‘Online Examination Form’ under the Online Services section.
Now click on the “click here” button and click on the Foundation from the next page.
Now fill all the details in the next pages, upload respective documents, and pay the fee online.
Now submit the CMA Foundation Application Form.
We have covered a detailed guide on CMA Foundation Books and study materials. You can boost your CMA Foundation exam preparation to the next level with these materials.