IGP - CMA Intermediate
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CMA Intermediate



After CMA Foundation, CMA Intermediate is the next level that a student must clear so as to fulfill his dream of becoming a professional CMA.

The eligibility criteria for registering in the CMA Intermediate course is as follows -

  • A student should have passed 10+2 ie Higher Secondary Examination from any recognized national/state board of education, and in addition to this, he should also have cleared the CMA Foundation Exam.
  • A candidate is eligible for directly appearing in the CMA Intermediate exams in case he is a Graduate/ Post Graduate in any discipline, other than Fine Arts.
  • Also a candidate who has cleared the Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute is eligible for direct admission in CMA Intermediate.
  • Lastly, a candidate who has cleared the CA Foundation exam that is conducted by the Institute of Chartered Accountants of India (ICAI)/ if the candidate holds a pass certification in CSEET Exam by the Institute of Company Secretaries of India (ICSI) shall be eligible for direct admission in the CA Intermediate Course.

Also a student has to mandatorily complete a 100hours of Compulsory Computer Applications Training, a 3days training for Communication & Soft Skills and an On-line (24×7) Web-based Centralized Quality Assessment Test to be eligible for appearing in the CMA Intermediate exams.

However post completion of these skill enhancing courses, a student can appear for Group1/ Group2/ both Groups of the CMA Intermediate exam in one sitting, and the subjects of these two groups are listed below.

Paper 5- Financial Accounting
Paper 6- Laws & Ethics
Paper 7- Direct Taxation
Paper 8- Cost & Management Accounting


Paper 9- Operating Management & Strategic Management
Paper 10- Cost & Management Accounting & Financial Management
Paper 11- Indirect Taxation
Paper 12- Company Accounts & Audit




The CMA Intermediate papers are 25% objective with MCQ's, fill in the blanks and true, false etc. while the other 75% part of the question paper is theory based, and needs to be answered diligently and also succinctly, elucidating all of the relevant points. The passing criteria is the same, as was for CMA Foundation wherein a candidate must secure a minimum of 40% in all the papers separately and an overall aggregate of 50% so as to successfully clear a group.

Also talking about the fees, a student has two options to pay the fees for CMA Intermediate ie under Option1, a student must pay Rs20000 as the full fees however under Option2, a student can pay the fees in two instalments of Rs12000 and Rs8000.

Also the exams for CMA Intermediate are held all over India wherein there is an exam fee of Rs1200 for appearing in either of the two groups or Rs2400 for appearing in both the groups and in case a student wishes to clear the arduous CMA exams, then he must cover each and every concept in extreme minuscule detail and should study wholeheartedly, so as to accomplish his dream of becoming a professional and thereby attaining success.

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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 ... “

MANVI DHINGRA

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“ 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... “

SHIVAM GOEL

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“ 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... “

PRIYANSHI GARG

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“ 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... “

PARAS KALRA

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“ 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 teache... “

ABHISHEK BHARTI

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“ 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... “

SASHA AGGARWAL

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“ 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... “

HEMANT AGGARWAL

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“ 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.... “

VISHAL KAPOOR

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“ 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 ... “

AKSHAY JAIN

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“ 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... “

ANSHIKA GOEL

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“ 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 ... “

DIVIJ CHADHA

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“ 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

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“ 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... “

ARPIT

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

ANURAG ARORA

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“ 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... “

ANUBHAV THAKUR

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“ 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. ... “

ANSHUL VASHISTHA

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“ 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 c... “

ANKIT KUMAR

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“ 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. ... “

AMAN SAXENA

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“ 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... “

DUSHYANT GARG

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“ Words are too little to express what you are to me. You are the most invaluable part of my life and play multiple roles. But it was a teacher that you first exercised your influence on me. So on the o... “

ETI Agarwal

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“ 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 grea... “

Himanshi Goel

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“ 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... “

Isha

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“ 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... “

Ishita

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“ 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

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“ 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

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“ 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

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“ 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 economi... “

Nikhil Arora

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“ 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

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“ 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

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“ 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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“ Ashish Kalra Sir has an impeccable talent of bringing the best out of his students. Further his questioning attitude and the method of developing the concepts is something which not only makes the sub... “

Vijender Aggarwal - 2 Times AIR-1

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“ The experience of taking classes from CA Ashish Kalra Sir was amazing. He is the most hardworking person I have ever seen. The positivity and energy level which he passes to his students is simply a... “

Shubham Malhotra-AIR-1-CMA Marks 100/100

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“ It was an amazing experience attending Kalra sir's classes. A great extent of this achievement of mine is owed to sir. The flawlessness of his teaching and the passion with which he teaches are someth... “

Bhumika Agarwalla-AIR-1-CFM Marks

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“ I am Abhishek Agarwal, I secured All India 2nd rank in the CA-IPCC Nov’15 exams and got 82 marks in CFM. Talking about CA Ashish Kalra Sir I think he is a person who not only possesses the most... “

Abhishek AgarwaL-AIR-2-CFM Marks 82/100

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“ I feel lucky that I got chance to be taught by CA Ashish Kalra Sir. To attend his class was quite a fabulous experience for me. He is the best teacher, mentor and guide I have ever seen. He makes ever... “

Pramanshu Sharma-AIR-3-CFM MARKS 88/100

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“ "Teaching at its very best is what describes CA Ashish Kalra sir and CA Vijender Aggarwal sir. They both are extraordinary teachers. Their teaching style makes them stand out among others. They put ... “

AISHNIT KAUR-AIR-4

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“ "The first coaching that I took was Cost and FM. It was a really great experience with sir. Everyday we came, the class comprised half of learning and half of motivation. We always had our fire burn... “

Aekansh Jain-AIR-4

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“ "The experience of those 5 months with CA Ashish Kalra Sir was a life transforming journey. The main thing that is required in CA exams is Conceptual understanding. Sir's classes were a perfect blen... “

Shubham Agarwal-AIR-5

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“ "It's a matter of great pride for me to achieve these goals and in reaching these milestones, IGP played a very important role for me. Be it CPT, IPC or Final, at all the levels all the faculty prov... “

Pragati Varshney-AIR-7-CFM Marks 94/100

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“ Scored 100/100 in CMA and couldn’t have achieved it without Ashish sir. I used to keep contacting him regarding my doubts and at times when I was tensed. He used to be always there for me to guide ... “

Muskan Vadhera-CMA Marks 100/100

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