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

Cost and Management Accounting Final Exam 2025 ( CMA Final )

Abhishek Dhawan
Updated on Dec 1, 2025 17:31 IST

By Abhishek Dhawan, Assistant Manager – Editorial Content

CMA Final December 2025 Exam: The Institute of Cost Accountants of India (ICMAI) has released CMA Dec 2025 admit card on its official website, icmai.in. All candidates who csubmitted the exam form before the last date can download CMA Dec admit card 2025 now. ICMAI will conduct CMA Final Dec 2025 exam from Dec 10 to 17. ICMAI will declare the CMA Final Dec 2025 on February 11, 2026.

CMA Final June 2025: The Institute of Cost Accountants of India (ICMAI) has released the CMA Final June 2025 results. Candidates who took the exam are able to check the CMA Final results on the official website, icmai.in. Along with the results, ICMAI released the CMA toppers list and CMA Final pass percentage. As many as 2167 candidates completed the CMA Final course in June 2025 term.

Scroll down to know more about CMA Final exam for both December and June terms. Also check the CMA Final eligibility criteria, admission forms, exam forms, admit cards, results, CMA pass percentage, and other crucial details.

LATEST: CMA Dec 2025 Admit Card OUT at icmai.in; Get Direct Link Here

Table of contents
  • What is CMA Final Exam?
  • CMA Final Exam Dates 2025
  • CMA Final Exam Highlights 2025
  • CMA Final Exam Form Dec 2025
  • CMA Final Dec 2025 Admit Card
  • CMA Final Syllabus 2025
  • CMA Final 2025 Exam Pattern
  • CMA Final Admission December 2025
  • CMA Final Eligibility Criteria 2025
  • CMA Final Exam Process 2025
  • CMA Final Results June 2025
  • Important FAQs on CMA Final Exam
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What is CMA Final Exam?

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 is the last exam phase to obtain a Cost Management Accountant (CMA) certification. Candidates failing this exam level are not designated as a CMA in India. Candidates who pass the CMA Intermediate exam are eligible for the CMA Final exam.

CMA Final Exam Dates 2025

Take a look at the table below for the complete schedule of CMA Final 2025 exam

DatesUpcoming Exam Dates
Apr ' 26

Last Date for CMA Final June 2026 Exam Form Submission

TENTATIVE
DatesPast Exam Dates
11 Feb ' 26

CMA Final Dec 2025 Result Date

17 Dec ' 25

CMA Final Dec 2025 Exam Date for Electives (P-20)

16 Dec ' 25

CMA Final Dec 2025 Exam Date for Strategic Cost Management (P-16)

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CMA Final Exam Highlights 2025

The table below mentions the CMA Final exam highlights:

CMA Final Features

CMA Final Highlights

Exam name

CMA Final

Conducting body

The Institute of Cost Accountants of India (ICMAI)

Exam frequency

Twice (June and December term)

Exam level

National

Medium

English

Exam duration

3 hours (for each paper)

Number of papers in CMA Final course group

8 (4 papers in each Group)

Mode of application (enrolment)

Online

Enrolment fee

INR 25,000

Mode of exam

Offline

CMA Final groups

Group III and Group IV

CMA exam fee

INR 1,400 for one group

INR 2,800 for two groups

CMA Final June 2025 exam date

June 11 to June 18

CMA Final Dec 2025 exam date

to be notified

Exam purpose

Award of CMA designation

CMA Final Pass Percentage (Dec 2023)

Group III: 7.68%

Group IV: 44.31%

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CMA Final Exam Form Dec 2025

DeskCalendarRegistration: Apr ' 26

ICMAI releases the CMA Final exam dates and exam form on the official website, icmai.in. All CMA students who qualified the CMA Intermediate exam and meet the eligibility conditions must fill the CMA exam form to appear for one or both the groups of CMA Final exam.

ICMAI releases the CMA exam forms in an online mode only. The space below mentions the CMA Final exam form fillup process:

  1. Visit the CMA student website, icmai.in/studentswebsite/Student-index.php
  2. Click on the link reading ‘Online Examination Form’ from the sidebar
  3. Choose the CMA Final course from the drop-down menu
  4. Enter the CMA registration number
  5. Fill all mandatory fields and click on the ‘Submit’ button
  6. Upload photograph and signature
  7. Choose the mode of fee payment followed by payment of the CMA Final exam fee

CMA Final Exam Fee 2025

CMA students filling the exam form have to pay the exam fees to submit the exam form. The CMA Final exam fee varies on whether the student is applying to appear for both groups of the Final course or one. Additionally, the CMA Final exam fee also varies if the candidate chooses an inland or overseas centre. 

The table below mentions the CMA exam fee for Final course:

Groups

Centre Preference

CMA Final Exam Fees

One Group

Inland Centres

INR 1400

Two Groups

Inland Centres

INR 2800

One or Two Groups

Overseas Centres

USD 100

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CMA Final Dec 2025 Admit Card

ICMAI releases CMA Final Dec 2025 admit card for all candidates who filled the exam form before tghe last date. Candidates can download CMA Final admit card using the login details, including the registration number. Candidates have to carry a hard copy of CMA Dec 2025 admit card on the exam day. ICMAI CMA admit card hosts important details like subject wise exam date, test centre address and exam day guidelines.

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CMA Final Syllabus 2025

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

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CMA Final 2025 Exam Pattern

The space below mentions the CMA Final exam pattern 2025:

Exam Features

CMA Exam Details 

CMA Final exam mode

Offline test from centre

Type of questions in CMA Final

Descriptive

Total marks in each subject paper

100

CMA Final exam duration

180 minutes

Medium

Bilingual (English or Hindi)

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CMA Final Admission December 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

Address of Regional Councils

Area Covered

Western India Regional Council

The State of Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Haveli.

Southern India Regional Council

The State of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Pondicherry and the Union Territory: the Lakshadweep

Eastern India Regional Council

The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.

Northern India Regional Council

The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttaranchal and the Union Territory: Chandigarh.

How to Fill CMA Final Admission Form Online?

Know how to apply for CMA Final admission below:

  1. Visit ICMAI website, icmai.in
  2. Click on ‘Students’ tab from the main menu followed by clicking the ‘Online Admission’ from the sidebar.
  3. Click button stating ‘Apply for CMA Final Course’
  4. Enter all the mandatory details followed by uploading documents
  5. Pay CMA Final admission fee
  6. Save the transaction slip and enrolment ID for future references.

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

Fee Payment Options

CMA Final Fee (in INR)

Full fee payment (single instalment)

25,000

Fee payment in two Instalments

15,000 (1st Instalment)

10,000 (2nd Instalment)

Q:   What is the CMA admission fee for all three courses?
A: 

The CMA course fee varies for all three course levels, including Foundation, Intermediate and Final. Candidates can check this space for the CMA admission fee for all three courses along with the typical deadlines to pay the same.

CMA Foundation Course Fee

Candidates need to pay INR 6,000 as the CMA Foundation fee on or before January 31 if the candidate plans to take exam in June term. The fee is payable by July 31, if the candidate plans tro appear for the CMA December exam.

CMA Intermediate Course Fee

Candidates need to pay INR 23,100 as the CMA Intermediate fee on or before January 31 if the candidate plans to take exam in June term. The fee is payable by July 31, if the candidate plans tro appear for the CMA December exam.

CMA Final Course Fee

Candidates need to pay INR 25,000 as the CMA Final fee on or before January 31 if the candidate plans to take exam in June term. The fee is payable by July 31, if the candidate plans tro appear for the CMA December exam.

Candidates will have options to pay the Intermediate and Final course fee in two installments. However, candidates must complete the payment of complete fee before the final admission deadline.

Q:   What is meant by CMA admission form?
A: 

CMA admission form refers to the application form to be filled by the candidate for enrolment into the CMA course. Candidates need to fill the CMA admission form to enrol tyhemselves into any of the three levels of CMA course. However, candidates must have fulfiled the eligibility conditions before filling the admission cum enrolment form for CMA.

The Institute of Cost Accountant of India hosts the admission form throughout the year for enrolment into any of the two exam terms, June or December. To take the CMA exam in the June term, candidates need to fill the application/admission form by January 31. On the contrary, to appear for CMA December term exams, candidates need to complete the enrolment process on or before July 31. ICMAI may change the deadlines to complete the CMA enrolmebt for a particular exam term. 

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CMA Final Eligibility Criteria 2025

Candidates can apply for the CMA Final course enrolment only if they have passed the CMA Intermediate exam. However, to appear for the CMA Final exam in June or December terms, candidates must complete the 

  • 7-day Industry Oriented Training Programme, abbreviated as IOTP
  • Practical Training of 3 years (15 months of training to be completed before the CMA final result is announced)

All CMA students become eligible to begin practical training as soon as they register for the Intermediate course. It is not mandatory to complete the three years of practical training in one go. Candidates have the flexibility to undergo the training in different phases as mentioned below:

  • Candidates must complete 10 months of training four months before the month in which CMA Final exam is due. Those appearing for CMA Final June exam must complete the 10 months of the practical training by February. Candidates appearing for the CMA Final exam in December, must complete the 10 months of practical training by August.
  • A total of 15 months of training must be completed before the CMA Final result is declared.
  • Candidates can later complete the balance of 21 months of training to obtain membership from the institute after passing the Final course.

NOTE: ICMAI has broken down the practical training requirement into phases to reduce the gap between Inter and Final exams, this encourages the students to complete the CMA course early.

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CMA Final Exam Process 2025

ICMAI conducts the CMA Final exam with two groups. Each group of CMA Final courses has four subject papers. Candidates have the option to appear for both groups of CMA Final course in one term. Candidates can also appear for one CMA Final group in one exam term.

Only the candidates who have enrolled in the CMA Final course are eligible for the exam. Eligible candidates who wish to appear for the CMA Final exam to get designated has to go through the following process:

  1. Fill admission form and get enrolled in the CMA Final course.
  2. Pay the admission fee/enrolment fee in a single payment or two instalments
  3. Fill CMA Final exam form
  4. Download CMA Final admit card
  5. Appear for the exam as per CMA Final exam date.
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CMA Final Results June 2025

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.

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Important FAQs on CMA Final Exam

The space below mentions some important FAQs on CMA Final exam:

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