[FAQs] Certified Management Accountant (CMA) – Result Related Questions

• CMA Foundation Course Examination

The link for the official notification is below:
https://icmai.in/upload/Examination/Notification/J22_FOUNDATION_NOTIFICATION_ONLINE.pdf

• CMA Intermediate Course Examination

The link for the official notification is below:
https://icmai.in/upload/Examination/Notification/June_2022_Inter_Final_Exam_Notification.pdf

• CMA Final Course Examination

The link for the official notification is below:
https://icmai.in/upload/Examination/Notification/June_2022_Inter_Final_Exam_Notification.pdf

For complete CMA Time Table, refer to the various official notifications by ICMAI: https://icmai.in/studentswebsite/exam_notification.php

The examination forms for Foundation, Intermediate and Final Examinations have to be filled up through online mode only. However, the payment for examination fee can be made either through payment gateway by using Credit/Debit card or Net banking or through pay-fee module of IDBI Bank.

Note: Students from overseas have to apply offline and send DD along with the form. The Demand Draft should be made in favour of ‘The Institute of Cost Accountants of India’, payable at Kolkata.

A candidate needs to follow the following process to fill up the exam form:

• • Visit CMA’s official exam website and click on “Online Exam Application Form” (https://icmai.in/studentswebsite/exam_notification.php).
  • A new page will open. Now click on “Online Application”.
  • Now select Foundation/Intermediate/Final, click on submit and enter the registration number.
  • After entering the registration number, all the details of the candidate will be filled automatically.
  • Check the details and also the city of examination, exam center name and group/stage that the candidate is applying for, then click on submit.
  • In the next step, the candidate needs to upload his/her passport size photograph as well as his/her signature. The size of the documents shall not exceed 40kb and it shall be properly cropped.
  • Now click on submit and make the payment. After successful payment, an acknowledgment on registered e-mail will be received.

Yes, a candidate, after getting registered to the CMA Foundation/ Intermediate/ Final Course, should fill a separate online examination form along with the applicable fee in order to appear for the examination. Below is the examination fee required to be paid as per the current ICMAI guidelines at all the three levels:

Usually, a late fee of Rs. 300 shall also be applicable if the payment is made beyond a stipulated date; thereafter the examination form shall not be allowed to be submitted by the candidate. However, the details of the same can vary as may be decided by the Institute.

Students are advised to refer the Examination Notifications for each term on the website http://www.icmai.in.

The CMA examination forms are usually required to be filled before 2 months of the exams. The last date for submitting the application form for CMA Intermediate and Final (June Session) is April 27, 2022. For CMA Foundation (June Session), the application form can be submitted by May 8, 2022.

The results for CMA Foundation/ Intermediate/ Final Examinations conducted in months of June and December are usually declared within 6-8 weeks (https://icmai.in/studentswebsite/exam_results.php), as follows:

CMA Foundation:

• • Minimum 40% marks in each subject alongwith an overall aggregate of at least 50% marks.

For instance, if a candidate scores 40 out of 100 marks each in all the four papers, his/her overall aggregate would be 160 marks; however, the second condition that needs to be fulfilled in order to pass in CMA Foundation is that the overall aggregate should be at least 50% viz. 200 out of 400 marks. So, even if the candidate has cleared in all the four subjects individually, the overall aggregate criteria would not permit him/her to clear the CMA Foundation Exam.

CMA Intermediate/ Final:

• • Minimum 40% marks in each paper of group alongwith an overall aggregate in all the non-exempted papers of that group of at least 50% marks.

For instance,

Thus, even if the candidate has cleared in all the four Papers individually in Group I, the overall aggregate criteria of at least 50% marks viz. 200 out of 400 marks would not permit him/her to clear the particular group.

Yes, a minimum 40% in each paper along with 50% aggregate of all the papers attempted shall make a candidate clear his/her exams.

For Instance, if a candidate earns exemption in two papers with 70 and 80 marks respectively in a group (comprising 4 papers), then in the next attempt, for the remaining two papers, he/she has to score at least 40 in each paper as well as at least 100 out of 200 marks to satisfy the minimum aggregate 50% criteria.

• CMA Intermediate Passing Percentage December 2021

• CMA Final Passing Percentage December 2021

Note: On declaration of results, 1,166 candidates completed CMA Final in December 2021 Examination.

• CMA Foundation Topper’s List December 2021

• CMA Intermediate Topper’s List December 2021

• CMA Final Topper’s List December 2021

  Name of Candidate	All India Rank	City
  Meera Kuttappan	1	Thrissur
  Ayush Shekhar Agarwal	2	Surat
  Rohini J	3	Delhi

• • A candidate should have appeared in all the papers comprised in a group.
  • Securing a minimum of 60 marks in a paper makes one eligible for exemption and the same shall be automatically indicated in the statement of marks issued by ICMAI.
    Note: For claiming an exemption secured, a candidate is not required to fill any form or give any intimation to the institute.

If any candidate scores 60% and above in any paper then he/she is eligible for exemption in that paper i.e. he/she need not appear for that subject paper in the next exam.
Such exemption remains valid up to 3 attempts only.

For example, if exemption is secured in June 2020 examination, then one can claim exemption for same paper in December 2020, June 2021, December, 2021 examinations only.

One can apply for the certified copies of answer books or get the evaluated answer books inspected either through RTI process (https://rtionline.gov.in/) or through the official website of ICMAI (https://examicmai.in/emsweb/result/an_photocopyrequest.aspx) in which case the application should be done within 21 days from the date of declaration of results of the concerned examination with a fee of Rs. 500 per paper.

The verification of answer books can be requested for at the ICMAI either physically or online (https://examicmai.in/emsweb/result/an_subjverifiappli.aspx) within 30 days from the date of declaration of results on payment of the requisite fees of Rs. 250 per paper.
Students have to give the following details:

1. Registration No.,
2. Roll No.,
3. Name,
4. Course name and
5. Name of subject for which verification is applied.

On receipt of such application, following aspects are checked:

• • Whether any question or part thereof has remained unvalued and if so, to evaluate the same and issue a revised statement of marks.
  • Whether there is any totaling error in any question or total marks on the cover page.
  • Whether there is any discrepancy between the marks for each question and or/part thereof and marks for each question indicated on the cover page of the answer book.