Is there any need of coaching or can one prepare via self-study for ICWAI? If yes, what is the fee structure of coaching?

CA is usually considered tougher than CMA if we consider the volume of syllabus and study. Also, the pass rate for CA exam is lower than that for CMA exam.

Students must give at least 8-10 hours daily for each group of CMA exam for about 3 months to prepare well of the exam.

To clear CMA Foundation, Inter or Final exam in first attempt, candidates must strengthen their basics, cover syllabus, practice as much as possible, stay away from distraction, attempt full-length mock tests, use smart revision techniques and evaluate their progess weekly or monthly.

CMA exam is usually considered difficult to crack in one attempt. However, if a candidate is diligent with his/her preparation and practices mock exams, past papers and sample papers thoroughly before exam, their chances of passing the exam increases.

Candidates have to pay INR 25,000 as CMA Final course registration fee. ICMAI allows candidates to pay this amount in two installments as follows:

• 1st Installement: INR 15,000 (at the time of registration)
• 2nd Installment: INR 10,000 (before January 31 and July 31 for June and December term exams)