ICMAI CMA Final is the last CMA or Cost Management Accountant Course phase. It is administered by the Institute of Cost and Management Accountants of India, the governing body (ICMAI). So there are eight CMA Final Subjects divided into two groups. Additionally, students may access the CMA final syllabus on the ICMAI website.
Students who have cleared the CMA Intermediate are eligible to sit for the CMA Final exam. Since CMA Final is an extensive curriculum, it is easy to lose track of pace when studying one subject and neglecting the others. So each day, you must devote specific hours to each subject to clear the finals in a single attempt and achieve a rank in CMA Final Result 2022.
Enrolling in good CMA coaching like VSI Jaipur and consistently putting in efforts, clearing the entire ICMAI final syllabus won’t be challenging. In this post, VSI Jaipur brings some essential tips that will help CMA aspirants prepare well for the exam.
First, let us look at the subjects and then move towards the tips for clearing exams.
What Are the CMA Final Subjects?
The CMA Final syllabus consists of two groups, each with four papers. Further, you may appear in both groups simultaneously or in simply one. So below are the subjects:
CMA Final Group 3 Subjects
- Corporate Laws & Compliance
- Strategic Financial Management
- Strategic Cost Management – Decision Making
- Direct Tax Laws and International Taxation
CMA Final Group 4 Subjects
- Corporate Financial Reporting
- Indirect Tax Laws and Practice
- Cost and Management Audit
- Strategic Performance Management and Business Valuation
An important note when preparing for the final subjects. In the case of theory-based subjects, prioritize conceptual understanding and implementation. Moreover, numerical subjects such as accounting, costing, etc., focus primarily on comprehending the methodologies, formulas, and presentation format for the answer. Doing this makes the CMA Final Subjects preparations easier for you.
So now, let us look at some of the essential tips for CMA Final preparation.
Six Important Tips For Preparing Well For CMA Final Subjects
1. Enroll in a Good CMA Coaching
For some students, coaching may seem like an additional expense. Hence, they tend to avoid enrolling themselves in good coaching. However, one cannot undervalue the importance of good CMA coaching.
To improve your performance on the CMA Final Exams, enrolling in the top CMA institute is always prudent. This is because the professors can quickly and effectively clarify the concepts. Moreover, if you have questions, you may approach the instructors for assistance. You can join VSI Institute in Jaipur. We offer classes in offline and online modes.
2. Thoroughly Review the CMA final Subjects and Syllabus
Another important tip for CMA Final preparation is understanding the subjects, exam pattern and syllabus. There are eight subjects in the CMA Final divided into two groups. So the first step is determining which group to attempt or sit for both groups. Further, review the subjects and exam patterns from past question papers.
Students can download the CMA Final study material from the ICMAI official website. It includes all the important resources you’ll need to study for the exams.
3. Solve Mock Test Papers Frequently
The ICMAI study materials are crucial for CMA preparation. Additionally, you must focus on completing as many mock exams and questions from previous years as possible. Further, students must take online or offline mock tests to familiarise themselves with the CMA Final Subjects and the question format.
4. Learn Time Management
While preparing for CMA Final subjects, time management is the most critical factor. You must efficiently manage your time to cover each CMA Final subject on time or finish the test papers on time. Therefore, while practising past questions, students must use a timer. So this improves the accuracy with which students solve problems on examinations.
5. Prepare Well To Eliminate Exam Pressure
Examination pressure will always be there for students, which causes more harm than good. Additionally, this demotivates and discourages them. Yet, if you are well-prepared for the test, you may eliminate the pressure. Some common causes why students face exam pressure are:
- Lack of clarity and conceptual clearance of CMA Final Subjects. As a result, it hinders their preparation.
- Some students procrastinate, and they can’t complete the preparation on time.
- Often students lack time management because they don’t solve enough mock tests.
Yet, with good CMA coaching, students will not face any of these issues.
6. Have Enough Sleep
While preparing for CMA Final, students must make it a point to get good enough sleep. When we sleep, our minds and body get relaxed. Sometimes, examination tension hinders students from resting well. However, this negatively affects your health and makes them ill. Therefore, it is vital to acquire sufficient rest, maintain excellent health, and take examinations confidently.
Conclusion
These tips make preparing the CMA Final Subjects easier and will help you score better. Keep your preparation strong, and you will surely ace the exam. VSI Jaipur wishes you good luck.
