CMA Final 2025 (Dec Session): Dates (Dec 10 to 17), Exam Form, Syllabus, Pattern, Centres, MTPs

The Institute of Cost Accountants of India, also known as ICMAI, conducts CMA exam at three levels to certify candidates with the designation of Cost Management Accountant (CMA). Three levels of this certification exam include, CMA Foundation, CMA Intermediate and CMA Final. The CMA Final is the last level of the three course levels conducted by ICMAI. 

CMA Final exam serves as a crucial phase within the Cost Management Accountant (CMA) certification journey as candidates failing this exam level will not be designated as a CMA in India. CMA Final exam is designed to evaluate proficiency in cost and management accounting, strategic management, and financial management. Candidates who pass the CMA Intermediate exam are eligible for the CMA Final exam.

The table below mentions the CMA Final exam highlights:

ICMAI releases the CMA results for Final course online. Candidates who took the CMA Final exam can check the Final results on the official website, icmai.in. An 11-digit enrolment number helps CMA students to check their results. Along with the CMA results, ICMAI releases the pass list. CMA Final 2025 pass list hosts the registration numbers of all the candidates who cleared the CMA Final exam. In addition to the individual results and pass list, ICMAI releases the CMA final pass percentage in all the exam terms.

The ICMAI releases the CMA admit card for final courses online on the official website, icmai.in. Candidates must carry a hard copy of the CMA Final June 2025 admit card to the exam hall on the exam day. The admit card of CMA June 2025 exam comprises critical details about the exam, and the candidate. Key details in the CMA admit card 2025 includes subject-wise dates along with the details of the test taker and exam day guidelines. Officials at the exam centre will verify these details on the CMA exam day. Candidates who fail to carry the ICMAI CMA Final 2025 admit card will face denial of entry to the exam hall.

ICMAI is following the CMA syllabus released in 2022. The old syllabus which was released in 2016 was not applicable after December 2023 term. Similar to CMA Intermediate syllabus, ICMAI has broadly divided the CMA Final course into two groups. CMA students need to pass subject exams under both the groups of the CMA Final course. The space below mentions the group-wise subjects under CMA Final syllabus 2022:

CMA Final Course Group – III

• PAPER 13: Corporate and Economic Laws (CEL)
• PAPER 14: Strategic Financial Management (SFM)
• PAPER 15: Direct Tax Laws and International Taxation (DIT)
• PAPER 16: Strategic Cost Management (SCM)

CMA Final Course Group – IV

• PAPER 17: Cost and Management Audit (CMAD)
• PAPER 18: Corporate Financial Reporting (CFR)
• PAPER 19: Indirect Tax Laws and Practice (ITLP)
• PAPER 20: Elective subject
• Paper 20 (A): Strategic Performance Management and Business Valuation (SPMBV)
• Paper 20 (B): Risk Management in Banking and Insurance (RMBI)
• Paper 20 (C): Entrepreneurship and Startup (ENTS)

Also Read: CMA Exam Syllabus

The space below mentions the CMA Final exam pattern 2025:

Candidates meeting the eligibility criteria can apply for admission to the CMA Final course. The application process for CMA admission is available in an online as well as offline mode. For offline admission, candidates are required to download the CMA Final application form from the official website, fill the same, and submit it with relevant attested documents to the appropriate regional council office.

CMA Regional Council to Submit Offline Forms

How to Fill CMA Final Admission Form Online?

Candidates who wish to submit the CMA application form for online admissions must follow the steps mentioned below:

1st Step: Visit the official website of ICMAI, icmai.in

2nd Step: Click on the ‘Students’ tab from the main menu followed by clicking the ‘Online Admission’ from the sidebar.

3rd Step: Click on the button stating ‘Apply for CMA Final Course’

4th Step: Enter all the mandatory details followed by uploading documents 

5th Step: Pay CMA Final admission fee

6th Step: Save the transaction slip and enrolment ID for future reference.

CMA Final 2025 Registration Fee

Candidates enrolling in the CMA Final course have two options for paying the admission fee. These options include paying the full fee in a single instalment or paying the fee in two instalments. The table below indicates the CMA Final admission fee:

CMA Final Admission Fee