CMA Cut Off 2023 for the Foundation, Intermediate, and Final exams is 40% marks in each subject and 50% marks in aggregate. To qualify for the Foundation CMA exam, students need to score at least 40 out of 100 on each of the four papers that carry 100 marks each.
In total, they must secure 200 out of the total 400 marks. CMA Intermediate and Final exams have two groups, each comprising four papers, each carrying 100 marks. Students need to secure 40 out of 100 in each paper to meet the sectional cut off.
To qualify for the exam, they must score a total of 400 out of the total 800 aggregate marks. ICMAI CMA Result 2023 for Dec Inter and Dec Final has been released on Feb 21, 2024, on the official website.
Important: CMA Pass Percentage 2023
Table of Contents
- CMA Cut Off 2023 Dates
- CMA 2023 Cut Off
- CMA Foundation Exam Cut Off 2023
- CMA Intermediate Exam Cut Off 2023
- CMA Final Exam Cut Off 2023
- What is After the CMA Cut Off?
CMA Cut Off 2023 Dates
An overview of the important dates for CMA Cut Off 2023 and exams is tabulated below for the students.
| Events | Dates |
|---|---|
| Upcoming Events | |
| CMA 2023 Result |
Foundation Exam: Jan 11 2024 (Out) Final and Intermediate Exam : Feb 21, 2024 (Out) |
| CMA Cut Off Release | Feb 2024 |
| Past Events | |
| CMA Exam | Dec 10 - Dec 17, 2024 |
CMA 2023 Cut Off
CMA Cut Off 2023 is decided by the Institute of Cost Accountants of India (ICMAI). The ICMAI sets a certain minimum qualifying mark that students must secure to qualify for the exam.
CMA exam is held twice a year. However, the cut off for the CMA exams remains the same for both sessions. The cut off for the three levels of the CMA exams is detailed in the sections below.
CMA Foundation Exam Cut Off 2023
The CMA Foundation exam consists of four papers, each carrying 100 marks. Students must secure at least 40% in each paper and obtain an aggregate score of 50% to qualify for the CMA Foundation exam.
The subject-wise CMA cut off 2023 for the Foundation exam is given in the table below.
| Paper | Subject-Wise Cut Off | Overall CMA Cut Off |
| Fundamentals of Business Laws and Business Communication (FBLC) | 40 marks out of 100 | 200 marks out of 400 |
| Fundamentals of Financial and Cost Accounting (FFCA) | 40 marks out of 100 | |
| Fundamentals of Business Mathematics and Statistics (FBMS) | 40 marks out of 100 | |
| Fundamentals of Business Economics and Management (FBEM) | 40 marks out of 100 |
Important Link: CMA Toppers 2023
CMA Intermediate Exam Cut Off
The CMA Intermediate exam consists of eight papers from two groups: Group 1 and Group 2. Students must clear the sectional and overall cut off in the papers from both the groups to qualify for the exam. The CMA 2023 cut off for the Intermediate exams is provided in the table below.
| Paper | Subject-Wise Cut Off | Overall CMA Cut Off |
| Business Laws and Ethics (BLE) | 40 marks out of 100 | 200 marks out of 400 |
| Financial Accounting (FA) | 40 marks out of 100 | |
| Direct and Indirect Taxation (DITX) | 40 marks out of 100 | |
| Cost Accounting (CA) | 40 marks out of 100 | |
| Operations Management and Strategic Management (OMSM) | 40 marks out of 100 | 200 marks out of 400 |
| Corporate Accounting and Auditing (CAA) | 40 marks out of 100 | |
| Financial Management and Business Data Analytics (FMDA) | 40 marks out of 100 | |
| Management Accounting (MA) | 40 marks out of 100 |
CMA Final Exam Cut Off 2023
The CMA Final exam paper also consists of eight papers from two groups: Group 3 and Group 4. Students must secure a minimum of 40 % in each paper and a total aggregate of 50% to clear the CMA Final exam. The sectional CMA cut off for the Final examination is detailed in the table below.
| Paper | Subject-Wise Cut Off | Overall CMA Cut Off |
| Corporate and Economic Laws (CEL) | 40 marks out of 100 | 200 marks out of 400 |
| Strategic Financial Management (SFM) | 40 marks out of 100 | |
| Direct Tax Laws and International Taxation (DIT) | 40 marks out of 100 | |
| Strategic Cost Management (SCM) | 40 marks out of 100 | |
| Cost and Management Audit (CMAD) | 40 marks out of 100 | 200 marks out of 400 |
| Corporate Financial Reporting (CFR) | 40 marks out of 100 | |
| Indirect Tax Laws and Practice (ITLP) | 40 marks out of 100 | |
| Strategic Performance Management and Business Valuation (SPMBV)/ Risk Management in Banking and Insurance (RMBI)/ Entrepreneurship and Start Up (ENTS) | 40 marks out of 100 |
Must Read: CMA Rank List 2023
Importance of the CMA Cut Off 2023
The importance of the CMA cut off lies in its role in assessing students and their performance in the CMA exams. It makes sure that students have a comprehensive understanding of the subjects and meet the minimum standards required to qualify for the CMA certification. It helps to maintain the quality and standards of the CMA program, ensuring that students possess the necessary skills and knowledge in management accountancy.
What is After CMA Cut Off?
After the CMA cut off 2023, the CMA results are released by the ICMAI on their official website. Students who c;lear the cutoff for the CMA exams can proceed to the next level of the course. Those who have not cleared the exams can apply for re-evaluation or appear for the exam in the next session.
