CMA Foundation Classes in Coimbatore
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Why Trust Shilpi's Academy for CMA Foundation Classes?
Shilpi’s Academy is the trusted choice for CMA Foundation Classes in Coimbatore, offering unparalleled guidance and support for aspiring cost management accountants. With a unique bilingual teaching approach in English and Tamil, the academy ensures that students understand complex concepts with ease. Our experienced and passionate faculty are dedicated to providing personalized mentorship, ensuring each student receives the attention and support they need to excel. Shilpi’s Academy provides access to comprehensive study materials, regular mock tests, and well-structured practice papers to guarantee thorough exam preparation. Flexible learning options, including offline, online, and recorded classes, cater to the diverse needs of students.
Additionally, students can experience the quality of our teaching through free demo classes, making it easier to make an informed choice. With a proven track record of success and a commitment to excellence, Shilpi’s Academy is the ultimate destination for CMA Foundation Classes in Coimbatore.
Additionally, students can experience the quality of our teaching through free demo classes, making it easier to make an informed choice. With a proven track record of success and a commitment to excellence, Shilpi’s Academy is the ultimate destination for CMA Foundation Classes in Coimbatore.
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What is the CMA Foundation Course
The CMA Foundation Course is the entry-level program for aspiring Cost and Management Accountants, designed to provide a strong foundation in key accounting, finance, and business principles. Administered by the Institute of Cost Accountants of India (ICAI), this course is the first step in the CMA qualification journey, equipping students with essential knowledge to tackle the intermediate and final levels.
This course covers topics such as fundamental accounting, economics, management principles, and business mathematics, ensuring a well-rounded understanding of the financial and managerial aspects of businesses. Open to students who have completed their Class 12 education, the CMA Foundation Course is ideal for those aiming for a career in cost accounting, financial analysis, and strategic management.
Career Path After CMA Foundation:
- Next Step: After completing the CMA Foundation, students progress to the CMA Intermediate course.
- Advanced Studies: The Foundation lays a solid base for advanced cost and management accounting studies
- Career Opportunities: Upon completing CMA Intermediate and Final, students can pursue roles as Cost Accountants, Financial Analysts, Management Accountants, and Internal Auditors in industries such as manufacturing, finance, and government.
Benefits of the CMA Foundation Course:
- Provides core knowledge in accounting, taxation, law, and finance.
- Prepares students for challenging financial roles with a structured learning path.
- Opens opportunities in the high-demand field of management accounting globally.
- Equips students with industry-ready skills for practical application in business environments.
CMA Foundation Passing Rate and Success Rate:
- The passing rate varies, but with dedication and preparation, many students pass on their first attempt.
- Pass percentages are published post-results, helping students gauge success rates.
Understanding the CMA Foundation Course
| Paper No. | Paper 1 | Paper 2 | Paper 3 | Paper 4 |
| Subjects | Fundamentals of Business Laws and Business Communication | Fundamentals of Financial and Cost Accounting | Fundamentals of Business Mathematics and Statistics | Fundamentals of Business Economics and Management |
| Sl. No | Paper Name | Marks | Type of Questions |
| Paper 1 | Fundamentals of Business Laws and Business Communication | 100 Marks | Objective |
| Paper 2 | Fundamentals of Financial and Cost Accounting | 100 Marks | Objective |
| Paper 3 | Fundamentals of Business Mathematics and Statistics | 100 Marks | Objective |
| Paper 4 | Fundamentals of Business Economics and Management | 100 Marks | Objective |
The Institute of Cost Accountants of India (ICMAI) prescribes official eligibility criteria of CMA Foundation exam on its official website. Before registering themselves, candidates should check the eligibility requirements. Candidates failing to meet the following CMA Foundation 2024 eligibility criteria will not be considered by ICMAI for the exam-
- Candidates should have passed class 10 or equivalent exam from a recognized board or institution
- Candidates should have passed the Senior Secondary Examination under the 10+2 scheme of a recognized board or examination recognized by the central government or have passed the National Diploma in commerce examination conducted by AICTE or any State Board of Technical Education under All India Council, or the Diploma in Rural Service examination conducted by the National Council of Higher Education.
- Incumbents who are waiting for their final results are also eligible to apply for provisional admission in CMA Foundation exam
How Can I Register for the CMA Course?
The CMA program registration can be completed entirely online. To successfully register, follow the steps outlined below:
- Visit the official website of the institute: www.icmai.org.
- Locate the CMA registration section and fill in all required details, then click on “Save and Continue.”
- After uploading the necessary documents, click on “Submit.”
- Complete the payment for your course fees using an online payment method.
- For future reference, it’s recommended to print the application form.
Required Documents for Registration:
- A passport-sized photograph
- A specimen signature
- Class 10th and 12th mark sheets, along with Graduation Certificates and mark sheets (if applicable)
- Equips students with industry-ready skills for practical application in business environments.
- Intermediate CMA Pass Certificate/Mark Sheet for both Group-I & Group-II (for those applying for the CMA Final Course)
The CMA Examination fees vary depending on the course and location (India or overseas). Below is a detailed breakdown of the application fees for each course:
| Course | CMA Exam Application Fee (India) | CMA Exam Application Fee (Overseas) |
| CMA Foundation Course | ₹1,200 | $60 |
| CMA Intermediate Course (Single Group) | ₹1,200 | $90 |
| CMA Intermediate Course (Both Groups) | ₹2,400 | $90 |
| CMA Final Course (Single Group) | ₹1,400 | $100 |
| CMA Final Course (Both Groups) | ₹2,800 | $100 |
These fees must be paid at the time of registration for the respective courses.
CMA Foundation Demo Sessions
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FAQs
Candidates who have completed 10+2 or its equivalent are typically eligible to appear for the ICMAI CMA Foundation Exam.
Yes, candidates can reappear for the exam in subsequent sessions to improve their results.
The exam typically consists of multiple choice questions and descriptive papers, assessing candidates on theoretical knowledge and practical application of cost and management accounting principles.
The exam covers subjects like Fundamentals of Business Laws and Business Communication, Fundamentals of Financial and Cost Accounting, Fundamentals of Business Mathematics and Statistics & Fundamentals of Business Economics and Management.