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CMA Final

CMA Final is the last stepping stone that a student must clear so as to witness the sweet fructification of his study and hard work. Post clearing the CMA Final, a student would hence be considered a budding master in the eclectic and ginormous world of accounting.

It is however pertinent to mention that each student who has registered himself for CMA Intermediate has to compulsorily undergo a practical training ie an articleship of 3years, out of which it is mandatory that a student must have a practical, hands on experience of atleast 6months before being eligible for sitting in the CMA Final exams.

These CMA exams are conducted by the Institute of Cost Management Accountants of India comprises of two groups ie Group 3 and Group 4 and the subjects in each of these two groups are as follows -

Paper 13 - Corporate Laws & Compliance
Paper 14 - Strategic Financial Management
Paper 15 - Strategic Cost Management – Decision Making
Paper 16 - Direct Tax Laws and International Taxation

Paper 17 -Corporate Financial Reporting
Paper 18 - Indirect Tax Laws & Practice
Paper 19 - Cost & Management Audit
Paper 20 - Strategic Performance Management and Business Valuation

Clearing the aforementioned laborious papers is not a cakewalk per se, a student needs to give utmost priority to his CMA studies in case he wishes to nail the exams. While there are no definite number of attempts for the CMA Foundation, Intermediate or even the CMA Professional Exams, a student must however put in all his hard work for excelling in these exams.

In the theoretical subjects of CMA Final, a student must try to understand and gauge each of the minute concepts, and should also learn its practical application, but however for the mind-boggling numerical subjects such as costing, mathematics and accountancy, a CMA Final student should try to build a deep understanding of each of the formulas, and the methods and a CMA Final student must be able to lucidly and coherently present all his answers in a 3hour knackering and perplexing exam.

The registration fee that a student must pay so as to pursue his CMA Final studies is Rs17000, that is to be paid at once and post this, there is an examination fee of Rs1400 for a student to appear in either one of the two groups, in one sitting, or Rs2800 for a student to appear in both of the CMA Final groups, in one sitting.

Also the passing criteria is the same as for CMA Foundation and CMA Intermediate, ie a minimum of 40% marks in each of the individual subjects, along with an overall aggregate of 50%.

A candidate shall however be addressed as a qualified CMA only after he completes his three years of practical training, along with which, he should've cleared all the 20CMA exams, post which such a student can emblazon the sublime title of a professional, that he would've earned for himself, with a lot of blood and sweat, along with hard work, dedication and perseverance - that is the key to tasting excellence for a CMA Final student.

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“ Having studied from Ashish Kalra sir in IPCC, I was absolutely sure to take my classes from him for CA Final too. The way he teaches the concepts, they get deeply engraved in us in a manner that it's ... “



“ As the name suggests, IGP is an institute that really grooms professionals in true manner. Experience is not something which can be defined in words. It is a feeling and the feeling here at IGP with A... “



“ Thank you sir, for converting our mistakes into lessons, pressures into productivity and skills into strength. You really know how to bring out the best in us. You are the answer to all our problems a... “



“ Sir, you are really awesome. I have never met you personally but ek ajeeb sa mental connection ho gaya hai aapse. I am taking your satellite classes in Agra. I can't even imagine what would be the sit... “



“ ASHISH KALRA SIR, the most hardworking and sincere teacher I’ve ever met. IGP means awesome and the best institute for CA classes. I believe all my success is because of this hardworking teacher ASH... “



“ The most important thing that I've learnt is to plan my work. ASHISH SIR has been a constant source of motivation who instills a lot of confidence in a person. I actually started believing, that achie... “



“ You are an awesome teacher by the way you teach. Your hard work to build our careers motivates us to work more till our last breath. You taught us not just Cost and FM, but also about all life aspects... “



“ IGP is a place you can trust. I am very happy to be a part of this institute. CA Ashish Kalra is a great teacher and I am so blessed to be a part of his life which he shared with us while teaching us.... “



“ Experience of those four months with Ashish Kalra Sir was out of the world. A person who possesses such vast knowledge not only in the field of cost & F.M. but in other fields also, that we can dream ... “



“ Ashish Sir is an amazing teacher. The way he introduces us with a concept, it make sure we never forget it. He has an explanation for every part of a concept, you just have to be a tentive and never g... “



“ it was a great experience studing from Ashish Sir. He always motivated us to give our best. He focused on concepts which really helped me in my revisions. His books are more than sufficient for exams ... “



“ Ashish sir is the best teacher anyone can get…. The way he teaches the concepts and clear each and every doubt is just amazing….. Studing Costing and FM from Ashish sir is just blessing ... “

Divya Jain


“ I was not able to clear only SCMPE for the last 2 times. But this time because of your classes, I crack it and become CA. Thanks a lot sir... “



“ I Scored 80 marks in SFM in yesterday result and I am a CA now so thanku sir for your guidance and effort.... “



“ Sir apke padhane ka tarika is out of level full conceptual clearity milti hai and theory padhane ka itna interesting way hai ki kabhi bore nahi hote…... Thanks for all such efforts you do for us….... “



“ Sir ji…. Apne Economics, FM, Cost itni easy tarah se padhaya ki sab samajh aa gya... Sir I Love You… you are the best teacher of this world thanks sir ji for this. ... “



“ Ashish sir apke jaisa teacher kabhi nahi mila aur shayad kabhi milega bhi nahi. Sir u r the best…... And apke concept batane ki technique is simply awsome. According to my family and friends I chang... “



“ Best faculty for CA and only institute with face to face classes. Energy level is so high. Motivational lectures are awsome. Best books and content fully covered. Fun and knowledge together. ... “



“ Choosing Ashish Sir as mentor was one of the decisions I am proud of, beside his extreme knowledge and ability to disseminate it, his hardwork for us was indeed selp motivating. Now to elobrate on stu... “



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ETI Agarwal


“ The Ashish Kalra Sir u have been so much more than a teacher for us…. (mentor, guide, friend) I can challenge anybody in the whole world to find a better teacher than u…. U have set a great exampl... “

Himanshi Goel


“ Ashish Kalra Sir YOU ARE THE BEST, I still remember the first day of class when all questions seemed same and confusing to me and last day when I was able to handle them proficiently. You made CMA lik... “



“ Ashish Kalra Sir, You are the Best, I still remember before the first day of class when everything was new and tough in my mind, since the first day till the last day everything was easy as a cakewalk... “



“ The experience of taking classes from Ashish Sir is magical, something that cannot be accurately described in words. Although I took a pendrive classes, I never felt disconnected and it was as if I wa... “

Mahin Naim


“ Sir, you have been an excellent teacher, hardworking and devoted to your work and to us. You have helped us grasp your subject through intresting lectures and presentations, feeling us up to achieve o... “

Mittul Garg


“ Ashish sir is the one who takes a hand opens a mind and touches the heart. He is the best inspiration one can get He is the best teacher one can get. ... “

Neha Tayal


“ Sir… you are the best teacher no one can teach Cost, FM & ECO for finance better than you….. This whole market is full of teachers but you are diamond of the field and your book of economics is ju... “

Nikhil Arora


“ Give your best and you will definitely get the best. Keep on working hard and you will clear your CA Exams with good marks. This is what I did. I make a schedule and tried to follow it. Sir always use... “

Prachi Jain


“ The great instiute, where students are empowerd with knowledge and wisdom. CA Ashish Kalra Sir is DRONNACHARYA of CA students, in their classes knowledge flows like water is flowing in the river. He w... “

Satpal Singh


“ It has been a great expereince studing CMA & FM Eco from you Ashish Sir. I am so lucky that I got a teacher like you. Your teaching method is really simple, straight forward and effective and I will n... “

Shivam Malhotra

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