Best CMA Final Online Classes in Guntur & India

Our institute takes pride in offering a superior learning experience through a balanced blend of online and offline classes.

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Why to Choose CMA Final Classes from Masterminds?

Selecting CMA Final classes at Master Minds is a strategic move towards success, offering a unique blend of both online and offline classes. Our institute, guided by visionary entrepreneurs, stands out with a progressive approach, ensuring comprehensive preparation not only for exams but also for the intricate challenges of the professional domain.

Why opt for Master Minds for CMA Final classes? Our certified professors, particularly in Guntur, employ innovative teaching methods, providing a holistic learning experience through our dynamic online platform and engaging offline sessions. This combination allows you the flexibility to choose the mode that aligns with your learning preferences.

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About CMA Final

            Group I
                     Paper 1 Corporate and Economic Laws (CEL)
                     Paper 2 Strategic Financial Management (SFM)
                     Paper 3 Direct Tax Laws and International Taxation (DIT)
                     Paper 4 Strategic Cost Management (SCM)
            Group II
                    Paper 1 Cost and Management Audit (CMAD)
                    Paper 2 Corporate Financial Reporting (CFR)
                    Paper 3 Indirect Tax Laws and Practice (ITLP)
                    Paper 4 One of the following subjects:
Strategic Performance Management and Business Valuation (SPMBV)
Risk Management in Banking and Insurance (RMBI)
Entrepreneurship and Start Up (ENTS)
CA Final Exam Pattern 2024 Paper Wise Weightage
Groups Papers Marks Types of Questions
Group I Paper-1: Corporate and Economic Laws (CEL) 100 Descriptive
Paper-2: Strategic Financial Management (SFM) 100 Descriptive
Paper-3: Direct Tax Laws and International Taxation (DIT) 100 Descriptive
Paper-4: Strategic Cost Management (SCM) 100 Descriptive
Group II Paper-1: Cost and Management Audit (CMAD) 100 Descriptive
Paper-2: Corporate Financial Reporting (CFR) 100 Descriptive
Paper-3: Indirect Tax Laws and Practice (ITLP) 100 Descriptive
Paper-4: One of the following subjects:
Strategic Performance Management and Business Valuation (SPMBV)
Risk Management in Banking and Insurance (RMBI)
Entrepreneurship and Start Up (ENTS)
100 Descriptive

The Institute of Cost Accountants of India (ICMAI) prescribes the eligibility criteria for CMA Final exam on its official website. To register for the CMA final exam 2024, candidates should fulfill the following conditions-

  • should have qualified the CMA Intermediate exam in the penultimate term (those who have passed CMA Inter in June will not be allowed to sit for CMA Final December)
  • should have a valid registration number
  • Should have completed prescribed training of the CMA Final course
  • Should not be debarred from appearing in CMA Final course examination

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CMA Final Courses


CMA Final exam has two-course groups. Candidates can either appear for a single course group or both course groups in one session. The space below mention the test papers for both the course groups of the CMA Final exam:

Final Course Group – III

  • PAPER 13: Corporate and Economic Lawns (CEL)
  • PAPER 14: Strategic Financial Management (SFM)
  • PAPER 15: Direct Tax Lawns and International Taxation (DIT)
  • PAPER 16: Strategic Cost Management (SCM)

Final Course Group – IV

  • PAPER 17: Cost and Management Audit (CMAD)
  • PAPER 18: Corporate Financial Reporting (CFR) 
  • PAPER 19: Indirect Tax Lawns and Practice (ITLP)
  • PAPER 20: One of the following subjects
    • PAPER 20A: Strategic Performance Management and Business Evaluation (SPMBV)
    • PAPER 20B: Risk Management in Banking and Insurance (RMBI) 
    • PAPER 20C: Entrepreneurship and Start Up (ENTS)

Determining the difficulty level between CMA and CA is subjective due to their distinct question patterns. While CMA modules offer guidance on exam questions, CA exams are more uncertain. CAs have broader market opportunities compared to CMAs. If you prefer CMA’s course structure, it’s advisable to pursue it.

The CMA syllabus doesn’t undergo annual changes. It was last updated in 2016 after the 2012 version. Recently, in 2022, the Institute of Cost Accountants (ICMAI) revised the syllabus to align with market trends, such as incorporating GST into the indirect taxation section. CMA students should prepare according to the updated syllabus provided by ICMAI.

ICMAI, the regulatory body for CMA courses in India, sets the syllabus and oversees exams for all three levels: Foundation, Intermediate, and Final. It is the sole authority for determining eligibility, fees, and certification. Completion of these courses leads to ICMAI certification, the only recognized CMA qualification for practice in India.

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