CMA Course Fees: Foundation, Intermediate and Final — Step-by-Step Guide

Explore CMA course fees for the Foundation, Intermediate and Final levels, including registration, examination, tuition and other essential costs. Understand the fee structure, available scholarships and key expenses to help plan your CMA journey and manage your education budget effectively.
Check Eligibility
CA Loan
Check Eligibility
4 min
Aug 26, 2026

In summary

  • The Certified Management Accountant (CMA) course is prestigious certifications for professionals in management accounting.
  • CMA course fees include Rs. 6,000 registration and Rs. 1,200 examination fee, making the total ICMAI cost Rs. 7,200.
  • Registration costs Rs. 23,100, payable in 2 instalments, while the examination fee for both groups is Rs. 2,800.
  • Registration costs Rs. 25,000, payable in 2 instalments, with an examination fee of Rs. 3,200 for both groups.
  • The total ICMAI registration fees across Foundation, Intermediate and Final levels amount to Rs. 54,100.
  • Including coaching and other expenses, the CMA course may cost around Rs. 1.5 lakh–Rs. 2.3 lakh.

 

What are the total CMA course fees set by ICMAI?

The certified management accountant course fees under the current CMA fees structure include registration and examination charges. The total ICMAI registration fee across all three levels is Rs. 54,100, while the combined registration and exam costs total Rs. 61,300.

LevelRegistration FeeExam FeeTotal ICMAI Cost (CMA Course Fees)
FoundationRs. 6,000Rs. 1,200Rs. 7,200
IntermediateRs. 23,100Rs. 2,800Rs. 25,900
FinalRs. 25,000Rs. 3,200Rs. 28,200
Grand TotalRs. 54,100Rs. 7,200Rs. 61,300

For Intermediate and Final courses, ICMAI allows registration fees to be paid in instalments, with the remaining amount payable before the respective term examination. A CA loan from Bajaj Finance may help eligible aspirants manage education expenses.

CA Loan

What are the CMA foundation course fees?

The CMA Foundation course is the entry point into the CMA qualification process. The fees for this foundational level are relatively modest, given that it is designed to give you a basic understanding of management accounting. The CMA Foundation exam fees is typically Rs. 6000, which covers your examination and registration fees. Keep in mind that you may also incur additional costs for study materials and coaching classes if you choose to enrol in them.

Fee typeAmount (INR)
Exam feesRs. 6000
Registration feesRs. 1200

What are the CMA intermediate course fees?

The CMA Intermediate level builds on the foundational knowledge of management accounting, and the fees for this level are higher. It includes more in-depth study materials and practical training, so the cost is slightly more significant. Candidates comparing CMA with other qualifications may also explore what is ca before deciding on a professional accounting career path. The exam fees for the CMA Intermediate level is typically Rs. 12,000, and there may also be additional charges for coaching and study materials.

Fee typeAmount (INR)
Exam feesRs. 12,000
Registration feesRs. 2400

What are the CMA final course fees?

The CMA Final course is the last step in obtaining the certification, and as such, it comes with the highest fees. Professionals planning long-term careers in finance and accounting may also consider qualifications such as associate chartered accountant. The CMA Final exam fees generally ranges from Rs. 18,000, which includes examination, registration, and other necessary costs. It is crucial to prepare well for this level, as it tests everything you have learned throughout your CMA journey.

Fee typeAmount (INR)
Exam feesRs. 18,000
Registration feesRs. 2800

How to register for the CMA course?

Admission Period:

  • Applications for the CMA Foundation course are accepted year-round.
  • To appear for the June Term Examination, apply by 31st January.
  • To appear for the December Term Examination, apply by 31st July.

Application Fees:

  • Foundation Course: Rs. 6,000

Application Process:

  1. Visit the official ICMAI website.
  2. Complete the online application form.
  3. Upload necessary documents, such as:
    • Passport-sized photographs
    • Mark sheets and degree certificates
  4. Pay the applicable course fee.

Ensure all documents are correctly uploaded and fees are paid to complete the registration process.


Are there scholarships available to reduce CMA course fees?

The CMA Institute offers various scholarships to deserving candidates. These scholarships can significantly reduce the overall financial burden of the course. The value of scholarships may vary, but some of the most notable ones provide substantial assistance, covering both the tuition fees and exam fees. The total scholarship amount available exceeds approximately 14 million US dollars. Candidates exploring advanced accounting qualifications often come across terms such as fca full form while researching career progression opportunities.

Whether you are paying for the CMA Foundation, Intermediate, or Final level, the combined costs can add up. Don’t let financial concerns slow you down. Opting for a CA loan can help you spread out expenses and ensure uninterrupted progress toward earning your CMA certification. Check your CA loan eligibility if you need broader financial assistance to manage operational costs.

If you're considering financing options alongside these scholarships, it's important to review CA loan eligibility criteria to ensure a smoother application process. Professionals involved in financial reporting and compliance may also interact with a statutory auditor during their careers.

 

CMA course fees After 12th vs After Graduation

AspectAfter 12thAfter Graduation
Entry levelFoundationIntermediate, subject to eligibility
Registration feeRs. 6,000Rs. 23,100
Exam feeRs. 1,200Rs. 2,800 for both groups
ICMAI costRs. 7,200Rs. 25,900
Study durationIncludes Foundation, Intermediate and FinalIntermediate and Final levels
EligibilityClass 12 or equivalentGraduation in a recognised discipline, subject to ICMAI rules
AdvantageSuitable for students starting after schoolMay save time by entering at Intermediate level
Other expensesCoaching and study materials may applyCoaching and study materials may apply

 

Conclusion

While the CMA course is an investment in your future, the fees associated with it are manageable with proper planning. You can explore financing options like a CA loan or professional loan to ease the financial burden of pursuing your CMA certification. Additionally, the availability of scholarships makes the course more accessible for deserving candidates. If you're planning your budget, understanding the CA loan interest rate can help you make informed financial decisions about your CMA journey. For more details on obtaining a loan for your CMA studies, consider exploring Bajaj Finance's Chartered Accountant Loan option, designed specifically to assist aspiring professionals in furthering their education.

Frequently asked questions

What is the total cost of a CMA course?
The total cost of the CMA course depends on the level of the course you are pursuing. On average, you can expect to pay around Rs. 6000 for the Foundation level, Rs. 12,000 for the Intermediate level, and Rs. 18,000 for the Final level. Additional costs may include registration, study materials, coaching, and exam resit fees if necessary.

What is the CMA entrance fee?
The CMA entrance fee generally refers to the registration and exam fees, which ranges from Rs. 6000 for the Foundation level to Rs. 18,000 for the Final level, depending on the stage of the course.

Are there any hidden fees in the CMA course?
There are no hidden fees in the CMA course per se, but students may face additional costs for study materials, coaching, or re-examination. It is essential to clarify all potential costs before enrolling.

Do CMA course fees vary by country or region?
Yes, the CMA course fees may vary depending on the country or region you are studying in. The fees outlined above are typical for India, but international students may experience slightly different fee structures. Always check with the local CMA institute for accurate fee details.

What are the CMA course fees for foundation and intermediate?

The CMA Foundation course fees include Rs. 6,000 for registration, while Intermediate registration costs Rs. 23,100. The CMA course fees also include examination charges of Rs. 1,200 for Foundation and Rs. 2,800 for Intermediate. Intermediate registration can be paid in instalments under the applicable cma fees structure.

What does the ICMAI CMA fees structure include?

The ICMAI cma fees structure includes registration fees, examination fees and applicable course-related charges, which together determine the certified management accountant course fees. Registration fees apply at Foundation, Intermediate and Final levels, while examination fees are payable separately. Candidates should verify the latest applicable charges before making payments.

Are CMA foundation course fees different for online and offline coaching modes?

No, CMA Foundation course fees charged by ICMAI are identical for online and offline modes: Rs. 6,000 registration and Rs. 1,200 examination fee. However, coaching costs vary. Online coaching typically costs Rs. 20,000–Rs. 35,000, while offline coaching may cost Rs. 30,000–Rs. 40,000, depending on the institute and city.

Can I pay CMA intermediate or final fees in instalments?

Yes, the CMA fees structure allows Intermediate and Final registration fees to be paid in instalments. A certified management accountant candidate can pay Rs. 12,000 + Rs. 11,100 for Intermediate and Rs. 15,000 + Rs. 10,000 for Final. The second instalment is payable before 31 January for June exams or 31 July for December exams.

Show More Show Less

Bajaj Finance App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finance App is a one-stop solution for all your financial needs and goals.


You can use the Bajaj Finance App to:

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more

  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements, and even get quick customer support—all on the app.

Download the Bajaj Finance App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finance App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.
For Customer Support, call IVR: 7757000000

Related videos