CMA Foundation Result 2026: Pass Percentage, Toppers, Merit List & 95% Success at Sachin Ajmera Classes
Congratulations to every CMA Foundation aspirant who sat for the June 2026 exam. The Institute of Cost Accountants of India (ICMAI) declared the CMA Foundation June 2026 result on July 9, 2026, closing weeks of waiting and opening the door to the next stage of a CMA career: Intermediate.
A result day like this brings a mix of relief, disappointment, and confusion, often all in the same friend group. Some students are ready to celebrate, some are recalculating where they went wrong, and almost everyone is asking the same question: what next? This guide breaks down the CMA Foundation Result 2026 in detail - how to check it, what the numbers actually mean, who topped, and a clear, practical roadmap for whichever side of the result you're on.
Quick Facts
- Result Date: July 9, 2026
- Exam Date: June 14, 2026
- Passing Criteria: 40% minimum per paper + 50% aggregate across all 4 papers
- Official Website: icmai.in
- Next Step: Download scorecard, then register for CMA Intermediate if you've passed
- Registration Status: Open on the ICMAI portal for qualifying candidates
- CMA Intermediate Eligibility: Automatic for candidates who clear all four Foundation papers per ICMAI norms
Quick Links
- Check Verified AIR Results
- Explore CMA Intermediate Coaching
- Free CMA Study Material
- Book a Free Demo Class
- Read Student Success Stories
Key Takeaways
- CMA Foundation June 2026 result was declared on July 9, 2026, for the exam held June 14, 2026.
- Passing needs 40% minimum in each paper plus a 50% aggregate across all four papers.
- ICMAI has published only a top-10 merit list so far; a full pass percentage has not been officially released.
- Students who cleared can register for CMA Intermediate now; students who didn't have until December 2026 for the next attempt.
- Sachin Ajmera Classes has maintained a verified 95% first-attempt success rate across CMA batches over 23+ years.
Quick Answer
The CMA Foundation Result 2026 refers to the outcome of the ICMAI CMA Foundation exam held on June 14, 2026, declared on July 9, 2026 at the official ICMAI portal. Students need a minimum of 40% in each of the four papers and a 50% aggregate to pass and become eligible for CMA Intermediate registration.
CMA Foundation Result 2026: Key Highlights
The table below summarizes every key fact about this result in one place, so students can scan it without reading the full article.
| Detail | Information |
|---|---|
| Exam | CMA Foundation June 2026 |
| Exam Date | June 14, 2026 |
| Result Date | July 9, 2026 |
| Official Website | icmai.in (ICMAI student portal) |
| Passing Criteria | Minimum 40% in each paper + 50% aggregate across all 4 papers |
| Merit List | Top 10 All India Rank holders published; full pass percentage not yet officially released |
| Registration for Next Level | Open on the ICMAI portal for candidates who qualify |
| Scorecard | Downloadable from the ICMAI result portal using registration/identification number |
| Next CMA Foundation Exam | December 2026 (tentatively second week); registration closes July 31, 2026 |
| CMA Inter & Final Result | Expected by August 5, 2026 |
Next step: If you've cleared this attempt, the CMA Intermediate coaching program at Sachin Ajmera Classes is a good place to plan your next six months before momentum fades.
How to Check CMA Foundation Result 2026
How do I check my CMA Foundation result?
Visit the official ICMAI website, click the Examination tab, select Result, choose CMA Foundation June 2026, enter your registration or identification number, and click View Result. Download the scorecard for your records.
- Go to the official ICMAI website (icmai.in).
- Click on the "Examination" tab on the homepage.
- Select "Result" and then the CMA Foundation June 2026 link.
- Enter your 11-digit or 17-digit registration/identification number.
- Click "View Result" to see your subject-wise and total marks.
- Download and save the scorecard as a PDF, and print a copy for your records.
Important: Verify every detail on your scorecard immediately - name, registration number, subject-wise marks. Report any discrepancy to ICMAI right away rather than waiting.
CMA Foundation Pass Percentage Analysis
What is the CMA Foundation pass percentage for 2026?
ICMAI has not released an official overall pass percentage for the June 2026 session at the time of writing; only the merit list of top rank holders has been published so far. Historically, CMA Foundation pass rates have ranged between 70% and 80%, and this session is expected to follow a similar pattern.
A few things are worth understanding about this number. CMA Foundation is an MCQ-based exam across four papers, which tends to produce a wider spread of outcomes than descriptive papers - small differences in accuracy translate directly into pass or fail, since there is little room for partial credit. Students who treat it as an "easy MCQ level" and under-prepare typically lose marks in Law and Accounting, where application matters as much as recall.
CMA Foundation vs CMA Intermediate: What Changes Next
Many students underestimate how different Intermediate is from Foundation. This comparison makes the jump concrete before you plan your next attempt.
| Factor | CMA Foundation | CMA Intermediate |
|---|---|---|
| Number of Papers | 4 | 8 (2 groups of 4) |
| Question Format | MCQ-based | Descriptive + case-based |
| Passing Criteria | 40% per paper, 50% aggregate | 40% per paper, 50% aggregate per group |
| Typical Prep Time | 6-8 months | 8-10 months (both groups together) |
| New Subjects Introduced | None (builds on Class 12 basics) | Costing, Direct & Indirect Tax, Company Law |
What This Means for You
- If you passed comfortably, you have real momentum - use it to start Intermediate preparation early rather than taking an extended break.
- If you passed by a narrow margin, revisit your weakest paper before starting Intermediate; foundational gaps compound at the next level.
- If you did not clear this attempt, the December 2026 exam is roughly five months away - enough time for a focused, corrected attempt if you start now.
CMA Foundation Toppers & Merit List
Who topped CMA Foundation June 2026?
Exam-news portals have reported Vignesh S from Chennai as the provisional All India Rank 1 holder for CMA Foundation June 2026, based on ICMAI's published top-10 merit list. Since this is reported via secondary sources rather than a direct ICMAI press release, students should cross-check any specific rank claims against the official ICMAI announcement.
An All India Rank (AIR) reflects a candidate's position based on total marks across all four papers nationwide, while some coaching institutes and regional bodies also track city or state-level ranks separately from the official ICMAI merit list. Making the merit list is a genuine achievement - MCQ-based exams leave very little room for error, so a top rank at this level usually reflects both strong conceptual clarity and exceptional accuracy under time pressure.
Why the merit list matters: Beyond recognition, a strong Foundation rank often reflects habits - consistency, accuracy, and time management - that carry directly into Intermediate and Final level performance.
How Sachin Ajmera Classes Students Performed
Why do Sachin Ajmera Classes students perform well in CMA Foundation?
SAC has maintained a 95% first-attempt success rate across its CMA batches over 23+ years, built on structured teaching rather than any single shortcut - a combination of experienced faculty, scheduled practice, regular assessment, and personal mentorship that together close the gaps where most self-study plans break down.
Sachin Ajmera Classes, a Jaipur-based coaching institute for CA, CMA, and CS courses, led by FCA Sachin Ajmera, has produced 89+ All India Rankers over 23+ years of teaching. In the most recent verified CMA Foundation result - the December 2025 session - SAC student Vidhan Chhabra secured All India Rank 1 with a score of 380 out of 400, and five SAC students secured Rajasthan state rank positions in the same attempt.
Rather than treating a number like 95% as a marketing headline, it is worth unpacking why a structured coaching environment tends to produce consistent results at the Foundation level specifically. This is what the preparation actually looks like at SAC, based on the practices published on the official website:
| Practice | What It Involves | Why It Improves Results |
|---|---|---|
| Concept clarity | Teaching the "why" behind a rule, not just the rule itself | Foundation questions test application, so rote memorization breaks down under twisted MCQ phrasing |
| Faculty guidance | Teachers who have taught the same ICMAI syllabus across many attempt cycles | They know exactly where students lose marks, well before an exam confirms it |
| Structured timetable | A fixed daily and weekly schedule | Removes the daily decision of "what to study today," where most self-study plans quietly fall apart |
| Weekly tests | Regular low-stakes testing across all four papers | Surfaces weak topics early, while there is still time to fix them |
| Mock exams | Full-length tests simulating real OMR-based exam conditions | Reduces exam-day panic by making the format familiar in advance |
| Revision strategy | Scheduled revision sessions closer to the exam date | Prevents last-minute cramming, which is where accuracy typically drops |
| Performance tracking | Comparing test scores over time rather than in isolation | Shows whether a student is actually improving or repeating the same mistakes |
| Personal mentorship | One-on-one guidance tailored to individual progress | Keeps preparation focused on a student's specific weak areas, not a generic pace |
| Doubt-solving | Structured, accessible access to faculty for unresolved questions | Unresolved doubts are usually where marks are quietly lost across all four papers |
| Time management | Practicing paper-splitting and pacing strategies before exam day | Prevents running out of time on the actual result day, a common and avoidable loss |
| Study material | Curated, syllabus-aligned notes and practice sets | Keeps preparation focused on ICMAI's actual question patterns rather than generic content |
See the data yourself: Students can view verified AIR results from Sachin Ajmera Classes, or read detailed student success stories to understand the preparation journey behind these results in more depth.
Lessons Every CMA Student Can Learn
- Consistency beats intensity - a fixed daily study block outperforms occasional long study marathons over a full attempt cycle.
- MCQ exams punish shortcuts - guessing patterns and elimination tricks only get a student so far; conceptual clarity is what survives under exam pressure.
- Mock tests are not optional - students who skip timed practice consistently underperform their own preparation level on the actual exam.
- A strong Foundation reduces total CMA timeline - weak fundamentals resurface as slower progress at Intermediate and Final.
- Results reward review, not just study - reviewing mistakes from mock tests matters as much as attempting them in the first place.
Common Mistakes Students Make After Foundation Results
| # | Mistake | Why It Hurts | Fix |
|---|---|---|---|
| 1 | Taking an extended, unstructured break | A two- or three-month gap with no study routine makes restarting Intermediate significantly harder | Take a short, planned break, then restart on a fixed date |
| 2 | Registering for Intermediate without a study plan | Registration is administrative; preparation needs direction from day one | Build a daily/weekly plan before or right after registering |
| 3 | Underestimating Intermediate's syllabus jump | Eight papers vs. four means the same pace falls behind by month two | Increase daily study hours gradually starting week one |
| 4 | Attempting only one group at a time | Splitting groups typically adds six to eight months to total completion | Attempt both Intermediate groups together |
| 5 | Ignoring costing and taxation early | These are new subjects that need sustained attention, not last-month cramming | Start numerical subjects in month one, not month four |
| 6 | Choosing coaching on marketing claims alone | Vague claims don't reflect actual, verifiable outcomes | Check results pages, not just advertising, before enrolling anywhere |
| 7 | Studying without mock tests | Skipping timed practice is riskier at Intermediate, since papers are longer and descriptive | Start weekly mocks at least 8 weeks before the exam |
| 8 | Comparing timelines to social media toppers | Comparison-driven pressure usually does more harm than good | Track your own progress against your own baseline |
| 9 | Neglecting revision until the final month | Intermediate's syllabus is too large for last-month-only revision | Revise the previous month's chapters every month, not just new ones |
| 10 | Not seeking help for weak subjects early | Waiting until a mock test confirms a weakness wastes fixable time | Ask for doubt-solving support the moment a topic feels unclear |
Complete CMA Inter Preparation Roadmap
For students who cleared Foundation and are moving on, a structured roadmap makes the eight-paper, two-group Intermediate syllabus manageable.
| Phase | Focus |
|---|---|
| Daily Schedule | 6-8 focused study hours split between one numerical subject (Costing, FM) and one theory subject (Law, Tax) per day |
| Weekly Targets | Complete one full chapter with problems solved, plus one weekly test to check retention |
| Monthly Revision | Dedicate the last week of each month to revising the previous month's chapters, not just the newest ones |
| Mock Tests | Start full-length, timed mock tests at least 8 weeks before the exam, once per week minimum |
| PYQs | Solve the last 8-10 attempts' question papers under exam conditions in the final 4-6 weeks |
| Time Management | Practice paper-splitting strategies (time per question) well before exam day, not for the first time in the exam hall |
For a subject-wise breakdown of the current syllabus, see the complete CMA course syllabus guide, and for a realistic view of how many attempts CMA typically takes, read our data-backed breakdown on CMA and CA attempt trends in India.
Get the resources: SAC's free CMA study material includes chapter-wise notes that align with this roadmap if you want a head start before formally enrolling anywhere.
Why Choosing the Right Coaching Matters
Coaching does not replace individual effort, but it does change the odds. A structured environment provides syllabus sequencing, regular assessment, and doubt resolution that self-study plans usually have to build from scratch - often through trial and error during a live attempt cycle, which is an expensive way to learn. Our broader guide on the real benefits of CA/CMA coaching in India covers this in more depth.
At the same time, coaching quality genuinely varies, whether you're looking at CMA coaching in Jaipur or anywhere else in India. Before committing time and money, it is reasonable to check a few concrete things: whether the institute publishes verifiable results rather than vague claims, whether mock tests simulate real exam conditions, whether faculty specialize in the subject they teach, and whether doubt-resolution is structured rather than occasional. These questions apply regardless of which institute a student ultimately chooses, and they are a more useful filter than searching for "best CMA coaching" and picking whichever ad appears first. For a full picture of what the next level costs, see our breakdown of CMA course fees from Foundation to Final.
About Sachin Ajmera Classes
Sachin Ajmera Classes (SAC) is a Jaipur-based coaching institute for CA, CMA, and CS courses, founded and led by FCA Sachin Ajmera, a Fellow Chartered Accountant with 23+ years of teaching experience and author of Strategic Costing. The institute has mentored over 50,000 students and produced 89+ All India Rankers across CA and CMA examinations, offering both offline classroom batches in Jaipur and live online classes for students across India who are searching for structured CMA preparation without relocating.
SAC offers coaching across CMA Foundation, Intermediate, and Final, with structured mock tests, curated study material, and personal mentorship built into each program. Graduates considering direct entry eligibility into CMA Intermediate can skip Foundation entirely. Students can also access free CMA study material covering chapter-wise notes and revision resources.
People Also Ask
What happens after clearing CMA Foundation?
After clearing CMA Foundation, a candidate becomes eligible to register for CMA Intermediate on the ICMAI portal. Most students take a short break before starting Intermediate, which covers eight papers across two groups.
Is CMA Foundation result final or provisional on the first day?
The result declared on the ICMAI portal is the official result, not provisional, and reflects verified subject-wise and total marks. Candidates should still cross-check their scorecard for any data-entry discrepancies and report them promptly.
Can I apply for revaluation of my CMA Foundation marks?
ICMAI allows candidates to apply for verification of marks within a specified window after result declaration, through the official portal, for a prescribed fee. Exact windows and fees are notified separately for each session on icmai.in.
How many times can I attempt CMA Foundation?
There is no official cap on the number of attempts for CMA Foundation, and candidates can reattempt in any subsequent session as long as registration remains valid. Most students clear within one to three attempts with consistent preparation.
Is CMA Foundation open book or closed book?
CMA Foundation is a closed-book, MCQ-based exam conducted at designated ICMAI examination centers. Candidates are not permitted to refer to books, notes, or study material during the exam.
Do I need to reappear for all four papers if I fail one?
Yes, under the current CMA Foundation scheme, candidates must clear all four papers together in the same attempt; there is no provision to carry forward a single cleared paper to the next session.
How soon can I start CMA Intermediate classes after the Foundation result?
Most coaching institutes, including SAC, allow students to start Intermediate classes immediately after the Foundation result is declared, without waiting for formal ICMAI registration to complete. Starting early helps students build early momentum before the syllabus grows heavier.
Does CMA Foundation marks affect CMA Intermediate or Final scoring?
No, CMA Foundation marks do not carry forward or affect scoring at the Intermediate or Final level; each level is assessed independently. However, strong Foundation-level concepts, particularly in accounting, do make Intermediate subjects easier to grasp.
Conclusion
Result day is a single data point in a much longer journey, not the whole story. Whether this attempt went the way you hoped or not, the students who move forward with a clear plan - rather than an extended pause or a vague sense of what comes next - are the ones who consistently make faster progress at Intermediate and Final.
Congratulations again to everyone who cleared CMA Foundation June 2026, and steady resolve to those preparing for December. If you are ready to begin CMA Intermediate preparation with structured guidance, explore the CMA Intermediate program at Sachin Ajmera Classes, book a free demo class, or get in touch with our counseling team to plan your next steps.
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.