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Download the Latest CMA Foundation Syllabus for Dec 2024 Exam

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CMA Foundation is the first level of the CMA course, or the Cost and Management Accounting course, which prepares a student for its subsequent stages. In this blog, students must know the CMA Foundation Syllabus in brief.

CMA Foundation Syllabus

ICMAI, or The Institute of Cost and Management Accountants of India, administers CMA Foundation exams nationally. ICMAI conducts the exams twice annually, in June and December. Students who are 12th board-passed from any recognized board can register for the CMA Foundation Course 2024 and pay fees of Rs 6000. After registration, students can begin preparations for the CMA Foundation examinations. However, before you prepare for the exams, you must familiarize yourself with the CMA Foundation Syllabus. This post will cover the syllabus, subjects, study material, exam pattern, and more. So let’s check.

CMA Foundation: Course Highlights

ParticularsDetails
DegreeCertification Course
Exam NameCMA Foundation
Governing BodyICMAI
Full formCost & Management Accounting
Number of Papers4
MarksEach Paper 100 marks
Mode Of ExamOffline, Center-based, Objective Questions
Negative MarkingNo
Minimum EligibilityCandidates cleared class 12th
Average FeesINR 1,00,000
Average SalaryINR 7,00,000

CMA Foundation Subjects and Syllabus 2024

For students who are preparing for the upcoming CMA Foundation exams, they must know the CMA Foundation subjects. The 2016 syllabus of the CMA course is discontinued and the 2022 syllabus is in effect. Hence, candidates must ensure that they follow the latest and new syllabus. So the new subjects for the CMA Foundation exam are as follows:

PaperTopics
Paper 1Fundamentals Of Business Laws And Business Communication (FBLC)
Paper 2Fundamentals Of Financial And Cost Accounting (FFCA)
Paper 3Fundamentals Of Business Mathematics And Statistics (FBMS)
Paper 4Fundamentals Of Business Economics And Management (FBEM)

CMA Foundation New Syllabus and Subjects 2024

As discussed earlier, the CMA Foundation has four subjects in total. These subjects address fundamental topics that serve as a foundation for more complex topics towards the next levels. So these are the subjects and their sub-topics that the students will learn:

Paper 1- Fundamentals of Business Law and Business CommunicationPaper 2 – Fundamentals of Financial and Cost Accounting (FFCA)
IntroductionAccounting Fundamentals
Indian Contracts Acts, 1872Accounting for special transaction
Sales of Goods Act, 1930Preparation of Final Accounts
Negotiable Instruments Act, 1881Fundamentals of Cost Accounting
Business Communication
Paper 3- Fundamentals of Business Mathematics and Statistics (FBMS)Paper 4- Fundamentals of Business Economics and Management (FBEM)
ArithmeticBasic concepts
AlgebraForms of Market
Calculus- Application in BusinessMoney and banking
Statistical Representation of DataEconomic and Business Environment
Measures of Central Tendency and DispersionFundamentals of Management
Correlation and Regression
Probability
Index Numbers and Time series

CMA Foundation Exam Pattern 2024

After you have an idea about the CMA Foundation syllabus, now let’s move to understand the CMA Foundation exam pattern 2024. The exam pattern helps students understand what are the type of questions they will expect and accordingly, they will prepare.

We will share both the exam pattern and paper weightage for all the subjects:

CMA Foundation Pattern

Exam FeaturesCMA Exam Details
Mode of CMA Foundation examOffline Centre-Based Test
Type of questions in the CMA Foundation examMultiple Choice Questions (MCQ)
Total marks in each subject paper100
Duration of CMA Foundation exam120 minutes
Number of subject papers4

CMA Foundation Business Laws Exam Pattern

Module No.Module TopicsWeightage
Section A: Fundamentals of Business Laws80%
1Introduction10%
2Indian Contracts Act, 187230%
3Sale of Goods Act, 193020%
4Negotiable Instruments Act,188120%
Section B: Business Communication20%
5Business Communication20%

CMA Foundation Accounting Paper Pattern

Module No.Module TopicsWeightage
Section A: Fundamentals of Financial Accounting70%
1Accounting Fundamentals30%
2Accounting for Special Transactions15%
3Preparation of Final Accounts25%
Section B: Fundamentals of Cost Accounting30%
4Fundamentals of Cost Accounting30%

CMA Foundation Business Mathematics Exam Pattern

Module No.Module TopicsWeightage
Section A: Fundamentals of Business Mathematics40%
1Arithmetic15%
2Algebra20%
3Calculus – Application in Business5%
Section B: Fundamentals of Business Statistics30%
4Statistical Representation of Data5%
5Measures of Central Tendency and Dispersion15%
6Correlation and Regression15%
7Probability15%
8Index Numbers and Time Series10%

CMA Foundation Business Economics Marks Weightage

Module No.Module TopicsWeightage
Section A: Fundamentals of Business Economics70%
1Basic Concepts15%
2Forms of Market20%
3Money and Banking20%
4Economic and Business Environment15%
Section B: Fundamentals of Management30%
5Fundamentals of Management30%

CMA Foundation Study Material 2024

Here is the direct link to access the CMA study material for CMA Foundation exams:

TopicsDirect Link
Fundamentals Of Business Laws And Business Communication (FBLC)Link
Fundamentals Of Financial And Cost Accounting (FFCA)Link
Fundamentals Of Business Mathematics And Statistics (FBMS)Link
Fundamentals Of Business Economics And Management (FBEM)Link

CMA Foundation: Registration Fees

The CMA Foundation registration fee is Rs. 6000. Students must pay the registration fees while completing the registration process. They need to pay the fees online by choosing their preferred payment mode. After successful payment, your registration is confirmed and your form will be submitted to the ICMAI.

After paying the registration fees, students also need to complete the CMA exam form before the deadline. Post completing the CMA Foundation exam form, students can be eligible to sit for the exams. They need to pay a fee of Rs. 1200 for this exam form. After that, the admit card will be released before 2 weeks of the exam. Students need to download the admit card as without that they won’t be able to sit for the exams.

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