CMA Foundation 2023 Exam, Registration, Admit Card, Answer Key & Results

CMA Foundation 2023 – The Institute of Cost and Management Accountants of India (ICMAI) have announced CMA Foundation 2023 exam dates for December 2022 session and June 2023 Session. Candidates may check icmai.in to know the exam dates of two sessions of CMA Foundation 2023.

CMA Foundation is a basic level education in CMA course and held twice in a year in June and December cycle. The exam is conducted through Remote proctored Mode from home since pandemic threat. The exam forms submission has started since November 2022 and CMA Foundation 2023 admit card is also issued to candidates who have applied for CMA Foundation 2022 December session. Read the article to get complete Registration, examination and counselling process of CMA Foundation 2023.

CMA Foundation 2023 Dates

ICMAI announces CMA Foundation exam 2023 dates for December and June session on the official notification. For the December 2022 session, the written exam is expected to be held on January 13, 2023. For the June session 2023, the exam will be conducted on July 2, 2023.

Candidates may check the important dates and events scheduled by ICMAI.

CMA Foundation 2023 EventsDates of December sessionDates of June Session
Release of Exam FormNovember 2022To be notified
Last Date to fill exam formNovember 13, 2022May 2, 2023
Application correction windowTo be notifiedTo be notified
Exam dateJanuary 13, 2023July 2, 2023
CMA Foundation Answer key 2023To be notifiedTo be notified
CMA Foundation 2023 ResultTo be notifiedTo be notified 
CMA Foundation 2023 cutoffTo be notifiedTo be notified 
CMA Foundation 2023 counsellingTo be notifiedTo be notified

CMA Foundation 2023 An Overview

CMA Foundation 2023 EventsParticulars
Name of the examCMA Foundation 
Exam conducting BodyInstitute of Cost and Management Accountants of India
Exam frequencyTwice in a year
Education LevelFoundation course
Exam LevelNation Level
Mode of ExamRemote Proctored Mode from Home
Medium of ExamEnglish & Hindi
Mode of ApplicationOnline
Type of questions MCQs
Duration of Exam3 hours

Key Facts of CMA Foundation 2023

ParticularInformation 
Mode of examOnline Remote Proctored from Home
Number of Papers4
Name of subjectsFundamentals of Business Law & Business CommunicationsFundamentals of Financial and Cost AccountingFundamentals of Business Mathematics and StatisticsFundamentals of Business Economics and Management
Marking schemeOne mark for each questionNo negative marks for unattempted or wrong attempts.
Number of questions in each paper100
Duration of exam3 hours

CMA Foundation 2023 Eligibility Criteria

Candidates should satisfy the fundamental eligibility criteria to take CMA Foundation 2023. ICMAI has prescribed the essential requirements of CMA Foundation exam 2023 as:

To check eligibility 

  • visit https://icmai.in/studentswebsite/Admission.php 
  • Click on the ‘Admission’ tab to find eligibility criteria.

Eligibility Criteria

  • Candidates should have passed class 10 or equivalent course from a recognised school or institute.
  • Candidates who have passed class 10+2 from a recognised education institute or equivalent course approved by the Central Government.
  • Candidates who completed Diploma in Commerce exam conducted by All India Council for Technical Education or State Board of Technical Education.
  • Aspirants who finished Diploma in Rural service Exams conducted by National Council of Higher Education.

CMA Foundation 2023 Application Process

ICMAI has set the following application process for the CMA Foundation exam 2023. They are:

  • Registration
  • Form filling
  • Uploading required documents 
  • Paying application form 
  • Take a print out

CMA Foundation 2023 Slot Booking

Candidates should complete CMA Foundation slot booking 2023 once submitted CMA Foundation 2023 Application form. The exam body will activate a slot booking window for the candidates to choose suitable exam centre, time and slot for CMA Foundation 2023. 

On the basis of ‘First come first served’ the exam body will allot CMA Foundation exam 2023 centre. Candidates can choose their ideal exam centre within the given time slot.

CMA Foundation Admit card 2023

ICMAI will release the CMA Foundation 2023 Admit card to the candidates who complete the CMA Foundation Slot Booking 2023 process successfully. The document comprises important details of exam including exam venue, date, time, also roll number, name of the exam, aspirant’s details, etc. candidates should cross-check the document before access download. It is an essential document to be carried to CMA Foundation 2023 exam day.

CMA Foundation 2023 Answer Key

Within a few days after the CMA Foundation exam 2023, the exam body will release the provisional CMA Foundation 2023 Answer key. Candidates may check, compare the answers in the key. Students may also raise a claim against the answers in the key. For which candidates need to submit suitable supporting documents in desired format. The exam body will consider all the claims, analyse and release the final CMA Foundation 2023 Answer key.

CMA Foundation 2023 Result

Few weeks after the CMA Foundation exam 2023, ICMAI will announce the CMA Foundation 2023 result on the official site. Exam students can check their status of qualification with the help of login credentials. Along with the status of qualification, candidates may also check the marks scored in the exam. Aspirants may take a print out of the CMA Foundation 2023 Result for future references.

CMA Foundation 2023 Minimum Marks Required

Candidates must score minimum marks to pass and clear CMA Foundation 2023. The passing percentage of CMA Foundation 2023 is 40% in all subjects. A total aggregate of 50% in all the papers should be scored by candidates to clear CMA Foundation 2023.

What next after CMA Foundation 2023 exam?

Candidates who successfully clears CMA Foundation 2023 exam with minimum passing marks are eligible to register and apply for the next level of CMA Inter 2023 registration. The process includes registration, application and examination as is the CMA Foundation 2023.

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FAQs Related to CMA Foundation 2023

  1. When will the December Session of CMA Foundation exam be held?

    As per schedule, CMA Foundation 2023 exam will be held on January 13, 2023 for the December 2022 session. June session exam dates are expected to be announced.

  2. Who declares the CMA Foundation 2023 examination?

    The Institute of Cost and Management Accountants of India (ICMAI) will declare the dates and events of CMA Foundation 2023 exam.

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