CMA Foundation Course 2021

Foundation Course -Admission

Students are eligible to seek admission to the Foundation Course after qualifying Class X.

ELIGIBILITY CRITERIA:

• A candidate should have passed Class 10 or equivalent from a recognized Board or Institution; or
• Passed the Senior Secondary School Examination under the 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed the 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 the Diploma in Rural Service Examination conducted by the National Council of Rural Higher Education;
• Any Candidate who has passed the Foundation examination conducted by the Institute of Company Secretaries of India will be exempted from Foundation Course & vice versa, or Any Candidate who has passed the Intermediate Examination (by whatever name called) conducted by the Institute of Chartered Accountants of India will be exempted from Foundation Course. Similarly, any candidate who has passed the Intermediate examination will be exempted from the Common Proficiency Test (i.e. entry-level examination, by whatever name called) conducted by the Institute of Chartered Accountants of India.
• Candidates who have passed the qualifying examination for direct admission to Intermediate Course (Annexure-VII) are exempted from Foundation Course.

PROCEDURE:

• Prospectus along with the Admission Form will be available at Regional Council Offices, Chapters, Recognized Oral Coaching Centres (ROCCs) & CMA Support Centres.
• Copies of documents giving the proof of qualification and age are also to be furnished.
• Admission must be completed at least (4) four months prior to the commencement of the Examination.
• A student will be issued an Identification Number which will be valid for 3 (three) years along with the Identity Card.
• Admission can also be taken online. For details visit https://eicmai.in/students-new/Home.aspx

CUT-OFF DATE FOR ADMISSION TO FOUNDATION COURSE:

• For June term examination - 31st January of the same calendar year
• For December term examination - 31st July of the same calendar year

SYLLABUS FOR FOUNDATION COURSE:

Paper 1: Fundamentals of Economics and Management (FEM)

Paper 2: Fundamentals of Accounting (FOA)

Paper 3: Fundamentals of Laws and Ethics (FLE)

Paper 4: Fundamentals of Business Mathematics and Statistics (FBMS)

PROVISIONAL ADMISSION:

Students may also seek provisional admission to the Foundation Course. Such students would be provided a time period of 36 (thirty-six) months to convert from Provisional to Regular Status.

Source: icmai.in

(The Institute of Cost Accountants of India)