CMA Pass Percentage June 2024: Check Inter, Final Pass Trends, Difficulty Level, Rank List

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Updated on Aug 23, 2024 08:02 IST

ICMAI has released CMA Inter pass percentage and CMA Final pass percentage for both June and December exam sessions separately. Get details on CMA pass percentage here.

CMA Pass Percentage: The Institute of Cost Accountants of India (ICMAI) conducts the CMA exam twice a year, in June and December. ICMAI discloses the pass percentages for CMA Intermediate and Final course groups. ICMAI CMA pass percentage is published along with the declaration of CMA results for both June and December terms. Candidates aspiring for a career in accounting diligently look at these numbers to evaluate the difficulty standards of CMA exam in comparison with CA (Chartered Accountant) and CS (Company Secretary) examinations.

Also Read: CMA vs CA: Which is Easy?

ICMAI will soon release CMA pass percentage for June 2024 session. In the previous session, CMA December 2023 exams, 18.29 per cent of candidates who took both subject group exams of Intermediate course passed with syllabus 2022. While only 6.34 per cent of all candidates who took both group tests of Final syllabus 2022 passed the exam.

Scroll down for more details on CMA inter pass percentage and CMA final pass percentage for current and past exam sessions.

LIVE: CMA June 2024 Result (Link OUT) Live: Inter, Final Pass Percentage and Toppers

Q: What are the maximum marks in CMA exam?

Maximum marks in the CMA exam is similar irrespective of the course level. Papers under all three course levels have a maximum of 100 marks. Candidates answering all the questions correctly will get 100 marks. In the CMA Foundation eaxam, each exam paper has 50 multiple choice questions. Each question fetches two marks. Whereas, the CMA Intermediate and CMA Final have different marking scheme with descriptive and objective type questions. Marks for each question of Intermediate or Final exam paper ranges from seven marks to 15 marks.

Q: What is the passing score for the CMA exam?

The passing score for all three levels of the CMA course levels are as follows:

CMA Foundation Passing Score: Candidates securing a minimum of 40 per cent in all test papers and a 50 per cent aggregate score passes in the CMA Foundation exam.
CMA Intermediate Passing Score: Candidates securing 40 per cent minimum score in each test paper of CMA Intermediate and 50 per cent in non-exempted papers of a particular group are considered pass.
CMA Final Passing Score: Candidates securing 40 per cent minimum score in each test paper of CMA Final and 50 per cent in non-exempted papers of a particular group are considered pass.

Q: What is the mode of CMA exam?

CMA exam is conducted at three course levels, namely Foundation, Intermediate and Final. CMA exam for all three course levels are conducted as an offline centre based exam. In the past sessions, ICMAI, the conducting body of the CMA exam, had conducted the Intermediate and Final course exams as an online centre based exam. While the CMA Foundation was conducted as a remotely proctored exam from home. However, the mismanegement in the online exams led ICMAI to shift back to the offline centre based exam.

ICMAI may change the mode of the CMA exams in the upcoming exam sessions. Stay tuned to shiksha's CMA exam pattern article for key developments in the test structure from time to time (https://www.shiksha.com/accounting-commerce/accounting/cma-exam-pattern)

CMA Pass Percentage 2024 (June Session)

ICMAI conducts the CMA exam in three levels: Foundation, Intermediate, and Final. The institute releases pass percentages for the Intermediate and CMA Final exam, which each have two groups. ICMAI reports the percentage of candidates who passed both groups and each group individually for the CMA June 2024 exam.

CMA Inter Pass Percentage June 2024

Intermediate pass percentage is released along with the CMA June 2024 Inter results. The table below mentions the ICMAI pass percentage for Intermediate course:

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-I only	28,345	3135	11.06
Group-II only	12,008	3467	28.87
Both Groups
Passed in either one of the group	9054	784	8.66
Passed Both Groups	9054	1498	16.55

CMA Final Pass Percentage June 2024

Final pass percentage is released along with the CMA June 2024 Final results. The table below mentions the ICMAI pass percentage for Final course:

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Final Pass Percentage
Group-III only	8643	1243	14.38
Group-IV only	4530	635	14.02
Both Groups
Passed in either one of the group	3165	255	8.06
Passed Both Groups	3165	355	11.22

CMA Rank List June 2024

Besides the pass percentages, ICMAI releases CMA rank list along with the results. CMA rank list or CMA toppers list hosts the names of top candidates who passed the course. The space below mentions the CMA 2024 rank list for Inter and Final courses:

Q: Is it easy to pass CMA exam?

If the preparation is right, CMA is not as hard as students complaint about the same. If the pass percentages is compared with ICAI CA exam, CMA pass percentage is comparatively less. However, the number of candidates appearing in CA Final if compared with CMA Final course is huge. The pass percentage of CMA Final course in December 2022 term stood at 6.85% for both the groups, and 17.77% for candidates who onlyu appeared for Group IV exam.

Out of 3751 candidates who appeared in both the groups of CMA Final course, 373 test takers passed the exam for only one course group, while 257 candidates passed the exam for both the groups of CMA Final course in December 2022 term.

Q: What are the test papers for CMA Intermediate course level?

CMA Intermediate course level has two different groups. Candidates can either take the test papers for both groups or a single group. The test papers included in the CMA Intermediate course level are as follows:

CMA Intermediate Course Group - I

PAPER 5: Business Lawns and Ethics (BLE)
PAPER 6: Financial Accounting (FA)
PAPER 7: Direct and Indirect Taxation (DITX)
PAPER 8: Cost Accounting (CA)

CMA Intermediate Course Group - II

PAPER 9: Operations Management and Strategic Management (OMSM)
PAPER 10: Corporate Accounting and Auditing (CAA)
PAPER 11: Financial Management and Business Data Analytics (FMDA)
PAPER 12: Management Accounting (MA)

CMA June 2024 Rank List (Intermediate)

All India Rank	CMA Topper Name	CMA Topper City
AIR 1	to be announced	to be announced
AIR 2	to be announced	to be announced
AIR 3	to be announced	to be announced
AIR 4	to be announced	to be announced
AIR 5	to be announced	to be announced

CMA June 2024 Rank List (Final)

All India Rank	CMA Topper Name	CMA Topper City
AIR 1	to be announced	to be announced
AIR 2	to be announced	to be announced
AIR 3	to be announced	to be announced
AIR 4	to be announced	to be announced
AIR 5	to be announced	to be announced

Previous Years’ CMA Pass Percentage

CMA exam is conducted twice every year. The pass percentage is released separately for both sessions and both Intermediate and Final courses. The space below mentions the previous year’s CMA pass percentage:

CMA Pass Percentage December 2023

CMA December 2023 exam had candidates appearing under both 2016 and 2022 syllabus. The space below mentions the pass percentage of candidates under both CMA syllabus 2022 and CMA syllabus 2016:

CMA Inter Pass Percentage Dec 2023 (under 2016 syllabus)

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-I only	11,720	1,268	10.82
Group-II only	11,667	3,763	32.25
Both Groups
Passed in either one of the group	8,744	598	6.84
Passed Both Groups	8,744	611	6.99

CMA Inter Pass Percentage Dec 2023 (under 2022 syllabus)

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-I only	15,629	1,711	10.95
Group-II only	3,761	723	19.22
Both Groups
Passed in either one of the group	5,157	524	10.16
Passed Both Groups	5,157	943	18.29

CMA Final Pass Percentage Dec 2023 (under syllabus 2016)

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-III only	5,704	651	11.41
Group-IV only	3,676	1,202	32.70
Both Groups
Passed in either one of the group	2,592	506	19.52
Passed Both Groups	2,592	273	10.53

CMA Final Pass Percentage Dec 2023 (under syllabus 2022)

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-III only	2,278	175	7.68
Group-IV only	1,449	642	44.31
Both Groups
Passed in either one of the group	1,153	353	30.62
Passed Both Groups	1,153	195	6.34

CMA Pass Percentage June 2023

CMA June 2023 exam had candidates appearing under both 2016 and 2022 syllabus. The space below mentions the pass percentage of candidates under both CMA syllabus 2022 and CMA syllabus 2016:

CMA Inter Pass Percentage June 2023 (under syllabus 2022)

A total of 460 candidates completed the Intermediate course of ICMAI with CMA syllabus 2022 in June 2023 term.

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-I only	7892	595	7.54
Group-II only	1277	132	10.34
Both Groups
Passed in either one of the group	2622	239	9.11
Passed Both Groups	2622	456	17.39

CMA Inter Pass Percentage June 2023 (under syllabus 2016)

As many as 2907 candidates completed the Intermediate course of ICMAI with CMA syllabus 2016 in June 2023 term.

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-I only	17084	1089	6.37
Group-II only	14551	2391	16.43
Both Groups
Passed in either one of the group	10096	446	4.42
Passed Both Groups	10096	304	3.01

CMA Final Pass Percentage June 2023 (under syllabus 2022)

A total of 56 candidates completed Final Course under syllabus 2022 in June 2023 term of CMA exam.

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group-III only	1083	31	2.86
Group-IV only	603	75	12.44
Both Groups
Passed in either one of the group	525	56	10.67
Passed Both Groups	525	37	7.05

CMA Final Pass Percentage June 2023 (under syllabus 2016)

As many as 811 candidates completed Final course under syllabus 2016 in June 2023 term of CMA exam.

Candidate Appeared for	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group III only	6551	346	5.56
Group IV only	4563	850	18.63
Both Groups
Passed in either one of the group	3074	350	11.38
Passed Both Groups	3074	195	6.34

CMA Pass Percentage Dec 2022

Consequent to the release of CMA December 2022 results, as many as 5327 students passed the CMA Intermediate course. In contrast, as many as 1095 students completed the CMA Final course in the December 2022 session.

Candidates can check the table below for CMA pass percentage from December 2022 results:

CMA Inter Pass Percentage Dec 2022

Candidates appeared for December 2022	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group I (Only)	25159	4805	19.10
Group II (Only)	13823	3357	24.29
Both Groups
Qualified in one of the Group	12480	1707	13.67
Qualified both Groups	12480	1879	15.06

CMA Final Pass Percentage Dec 2022

Candidates appeared for December 2022	Number of Candidates Appeared	Number of Candidates Passed	CMA Inter Pass Percentage
Group III (Only)	8039	708	8.81
Group IV (Only)	5025	893	17.77
Both Groups
Qualified in one of the Group	3751	373	9.94
Qualified both Groups	3751	257	6.85

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Abhishek Dhawan