CMA Course Fees in India 2026 — Foundation, Inter & Final Complete Breakdown
Quick Answer: CMA course total fees in India (ICMAI registration only): — Foundation: ₹6,000 — Intermediate: ₹23,100 — Final: ₹25,000 — Total ICMAI Registration Fees: ₹54,100 Exam fees, coaching fees, and study material are additional costs.
If you are planning to pursue the CMA course in India, the very first question you will face is:
"How much does the CMA course actually cost?"
And here is where most students make a mistake — they look only at the ICMAI registration fees and completely miss the exam fees, coaching costs, and study material expenses.
This guide covers the complete picture — from the official ICMAI fee structure to realistic total costs — all updated for 2026. No estimates, no guesswork. Just accurate data.
CMA Course Fees at a Glance — 2026
| Level | ICMAI Registration Fee | Exam Fee (Both Groups) | Approx Total (ICMAI) |
|---|---|---|---|
| CMA Foundation | ₹6,000 | ₹1,200 | ~₹7,200 |
| CMA Intermediate | ₹23,100 | ₹2,800 | ~₹25,900 |
| CMA Final | ₹25,000 | ₹3,200 | ~₹28,200 |
| Grand Total | ₹54,100 | ₹7,200 | ~₹61,300 |
Note: Coaching fees are separate and are paid directly to your coaching institute — not to ICMAI.
1. CMA Foundation Fees 2026 — Detailed Breakdown
CMA Foundation is the first level of the course, open to students who have completed Class 12.
ICMAI Foundation Course Registration Fee
| Fee Type | Amount |
|---|---|
| Course Registration Fee | ₹6,000 |
| Late Registration (if deadline missed) | ₹500 extra |
| Overseas Students | USD 100 |
Payment: Foundation registration is a one-time, single payment — no installments.
Foundation Exam Fee (Per Attempt)
| Category | Fee |
|---|---|
| India (Inland) | ₹1,200 |
| Overseas | USD 60 |
Foundation Registration Deadlines 2026
| Exam Session | Last Date to Register |
|---|---|
| June 2026 Exam | 31 January 2026 |
| December 2026 Exam | 31 July 2026 |
What Is Included in Your Foundation Registration?
- ICMAI official study material (4 papers)
- Student registration number
- Access to the ICMAI online portal
- Exam admit card
Foundation Total Estimated Cost (ICMAI only): ₹7,200
Expert Insight — FCA Sachin Ajmera: "Never underestimate the Foundation level. It builds the conceptual base that directly impacts your performance in Intermediate and Final. A strong Foundation reduces your overall CMA completion time." Explore CMA Foundation Coaching at SAC →
2. CMA Intermediate Fees 2026 — Detailed Breakdown
CMA Intermediate is the second and most challenging level of the course.
ICMAI Inter Course Registration Fee
| Fee Type | Amount |
|---|---|
| Total Course Registration Fee | ₹23,100 |
| 1st Installment (at registration) | ₹12,000 |
| 2nd Installment (before Jan 31 / Jul 31) | ₹11,100 |
| Late Fee | ₹500 extra |
Good News: ICMAI allows Intermediate fees to be paid in 2 installments — you do not have to pay the full amount at once.
Inter Exam Fee (Per Attempt)
| Groups Attempted | India (Inland) | Overseas |
|---|---|---|
| One Group only | ₹1,500 | USD 100 |
| Both Groups | ₹2,800 | USD 150 |
Strategic Advice: Always attempt both groups together. Attempting one group at a time wastes 6–8 months and adds unnecessary exam fees. Students who attempt both groups together consistently complete CMA faster.
Inter Registration Deadlines 2026
| Exam Session | Last Date to Register |
|---|---|
| June 2026 Exam | 31 January 2026 |
| December 2026 Exam | 31 July 2026 |
Inter Total Estimated Cost (ICMAI only): ~₹25,900 (both groups, one attempt)
Expert Insight — FCA Sachin Ajmera: "Intermediate has 8 subjects across 2 groups. Without structured guidance, students waste months on self-study that goes in the wrong direction. The right coaching can cut your preparation time by 3–4 months." Explore CMA Intermediate Coaching at SAC →
3. CMA Final Fees 2026 — Detailed Breakdown
CMA Final is the last and most advanced level of the course.
ICMAI Final Course Registration Fee
| Fee Type | Amount |
|---|---|
| Total Course Registration Fee | ₹25,000 |
| 1st Installment (at registration) | ₹15,000 |
| 2nd Installment (before Jan 31 / Jul 31) | ₹10,000 |
| Late Fee | ₹500 extra |
Final Exam Fee (Per Attempt)
| Groups Attempted | India (Inland) | Overseas |
|---|---|---|
| One Group only | ₹1,800 | USD 100 |
| Both Groups | ₹3,200 | USD 150 |
Final Total Estimated Cost (ICMAI only): ~₹28,200 (both groups, one attempt)
Expert Insight — FCA Sachin Ajmera: "CMA Final requires more than just knowledge — it demands answer presentation, case study handling, and strategic thinking. Faculty experience makes a measurable difference at this stage." Explore CMA Final Coaching at SAC →
4. CMA Total Fees — Foundation to Final (Complete Picture)
ICMAI Fees Only (Without Coaching)
| Fee Component | Amount |
|---|---|
| Foundation Registration | ₹6,000 |
| Foundation Exam (1 attempt) | ₹1,200 |
| Intermediate Registration | ₹23,100 |
| Intermediate Exam — Both Groups (1 attempt) | ₹2,800 |
| Final Registration | ₹25,000 |
| Final Exam — Both Groups (1 attempt) | ₹3,200 |
| Total ICMAI Fees (1 attempt per level) | ₹61,300 |
Realistic Total Cost (Including Coaching)
| Component | Estimated Amount |
|---|---|
| ICMAI Registration + Exam Fees | ₹61,300 |
| Foundation Coaching | ₹20,000 – ₹40,000 |
| Intermediate Coaching (both groups) | ₹40,000 – ₹60,000 |
| Final Coaching (both groups) | ₹40,000 – ₹60,000 |
| Study Material (extra, if needed) | ₹5,000 – ₹10,000 |
| Realistic Total Investment | ₹1.66 lakh – ₹2.31 lakh |
Important: This estimate is based on one attempt per level. Strong coaching significantly improves first-attempt success rates — which ultimately saves both time and money.
5. CMA Fees After 12th vs After Graduation
Route 1 — After Class 12 (Foundation Route)
| Level | ICMAI Registration Fee |
|---|---|
| Foundation | ₹6,000 |
| Intermediate | ₹23,100 |
| Final | ₹25,000 |
| Total | ₹54,100 |
Route 2 — After Graduation (Direct Entry)
Graduates are eligible to skip the Foundation level entirely.
| Level | ICMAI Registration Fee |
|---|---|
| Foundation | ₹0 (Exempted) |
| Intermediate | ₹23,100 |
| Final | ₹25,000 |
| Total | ₹48,100 |
Graduates save ₹6,000 in registration fees and 6–8 months of preparation time.
CMA Course Duration After 12th and After Graduation — Complete Guide →
6. How to Manage CMA Fees in Installments
ICMAI has built a structured installment system that makes the course accessible to more students.
ICMAI Official Installment Structure
Foundation: Single payment — ₹6,000
Intermediate:
- 1st Installment: ₹12,000 (at the time of registration)
- 2nd Installment: ₹11,100 (before exam — Jan 31 for June / Jul 31 for December)
Final:
- 1st Installment: ₹15,000 (at the time of registration)
- 2nd Installment: ₹10,000 (before exam — Jan 31 for June / Jul 31 for December)
Coaching Fee Installments
Many coaching institutes also offer EMI options on coaching fees. At Sachin Ajmera Classes, fee counseling is available to help you plan your investment comfortably.
Call for Fee Counseling: 9950290358 / 8107626660 View SAC Coaching Fee Structure →
7. CMA Fees vs CA Fees — Side by Side Comparison
For students comparing both professional courses:
| Feature | CMA (ICMAI) | CA (ICAI) |
|---|---|---|
| Foundation Registration | ₹6,000 | ₹9,000 |
| Intermediate Registration | ₹23,100 | ₹18,000 |
| Final Registration | ₹25,000 | ₹22,000 |
| Total Registration Fees | ~₹54,100 | ~₹49,000 |
| Average Completion Time | 1.5–3 years | 4–5 years |
| Average Pass Rate | Moderate | Lower |
| Career Scope | Finance, Cost, Strategy | Audit, Tax, Finance |
Fees are nearly identical — but CMA is completed 2+ years faster than CA. CMA vs CA — Complete Honest Comparison →
8. Hidden Costs Students Often Miss
Looking only at registration fees gives you an incomplete picture. Plan for these additional costs:
| Hidden Cost | Estimated Amount |
|---|---|
| Extra study books beyond ICMAI material | ₹3,000 – ₹8,000 |
| Separate mock test series | ₹2,000 – ₹5,000 |
| Late registration penalty (per deadline) | ₹500 |
| Travel and exam centre expenses | ₹500 – ₂,000 |
| Practical training after Final | Varies |
Smart Move: Choose a coaching institute where study material, mock tests, and doubt sessions are included in the coaching fee — this significantly reduces your additional costs. What is included in SAC's fee structure →
9. What Does the CMA Investment Give You in Return?
Before focusing purely on costs, consider what ₹54,100 in ICMAI fees actually gets you:
- India's prestigious Cost and Management Accountant designation
- Globally recognized ICMAI qualification
- Starting salary of ₹5–8 LPA as a fresher CMA
- Senior-level salary of ₹15–25 LPA
- Job opportunities across Government, Private, MNCs, and Big 4 firms
- Option to start independent practice as a Cost Accountant
Return on Investment: Invest ₹54,100, earn ₹5–8 lakh in the first year. The ROI is clear. CMA Career Scope and Salary in India — Complete Guide →
10. Why Quality Coaching Reduces Your Total CMA Cost
This might seem counterintuitive — but it is true.
Consider this scenario:
| Scenario | Cost |
|---|---|
| Cheap coaching (₹15,000) + 2 failed attempts | ₹15,000 + ₹5,600 extra exam fees + 12 months lost |
| Quality coaching (₹50,000) + first attempt clear | ₹50,000 — done |
A 12-month delay = ₹4–6 lakh in lost starting salary. Quality coaching pays for itself many times over.
11. CMA Coaching at Sachin Ajmera Classes — What You Get
With 23+ years of experience, 50,000+ students coached, and 89+ All India Rankers — Sachin Ajmera Classes (SAC) is Jaipur's most trusted CMA and CA coaching institute.
| What You Get | Details |
|---|---|
| Expert Faculty | Direct mentorship by FCA Sachin Ajmera |
| Proprietary Study Material | No extra book purchases needed |
| Weekly Mock Tests | Harder than actual ICMAI exams |
| Personal Doubt Sessions | Individual attention — not just classroom lectures |
| Flexible Mode | Online (Pan India) + Offline (Jaipur) |
| Proven Results | 89+ AIRs, 94% first-attempt pass rate |
| Transparent Fees | No hidden charges — everything included |
Free Counseling: 9950290358 / 8107626660
View All CMA Courses → Book a Free Demo Lecture → Read Student Success Stories → View Verified Results — 89+ AIRs →
CMA Course Fees 2026 — Final Summary Table
| Level | Registration Fee | Exam Fee (Both Groups) | Coaching (Approx) |
|---|---|---|---|
| Foundation | ₹6,000 | ₹1,200 | ₹20,000–₹40,000 |
| Intermediate | ₹23,100 | ₹2,800 | ₹40,000–₹60,000 |
| Final | ₹25,000 | ₹3,200 | ₹40,000–₹60,000 |
| Total | ₹54,100 | ₹7,200 | ₹1–₹1.6 lakh |
Realistic All-In Total: ₹1.5 lakh – ₹2.3 lakh for complete CMA from Foundation to Final.
Conclusion
The CMA course fee structure in India is clear and transparent when broken down level by level:
- Foundation: ₹6,000 (ICMAI)
- Intermediate: ₹23,100 (ICMAI)
- Final: ₹25,000 (ICMAI)
- Total ICMAI Registration Fees: ₹54,100
Exam fees, coaching, and study material are above and beyond this. Plan a realistic budget of ₹1.5 lakh to ₹2.3 lakh for the complete course.
Most importantly — invest in the right coaching from day one. First-attempt success saves far more in time and money than any savings made on coaching fees.
Your Next Steps
View All CMA Courses — Foundation to Final → CMA Foundation Coaching Details →
View 89+ Verified All India Rankers → Book a Free Demo Lecture → WhatsApp for Free Counseling →
Call: 9950290358 / 8107626660
Gandhi Nagar Mod, Tonk Road, Near Kailash Tower, Jaipur
About the Author
FCA Sachin Ajmera is the Founder and Chief Mentor of Sachin Ajmera Classes, Jaipur. A Fellow Chartered Accountant with 23+ years of teaching experience, he is the author of Strategic Costing and has personally mentored over 50,000 students, producing 89+ All India Rankers in CA and CMA examinations. Read Full Profile →
CA Sachin Ajmera is a Fellow Chartered Accountant with 23+ years of teaching excellence, having mentored over 50,000 students and produced 89+ AIRs.
FAQs & Highlights
Don't leave your CA/CMA/CS career to chance.
Get personalized counselling and start your journey with India's most trusted coaching institute.