CMA Final Study Plan Both Group

CMA Final Study Plan – Both Group

This CMA Final Study Plan is a day by day time table prepared for CMA Final Students who will be preparing for CMA Final Exams in December attempt. This CMA Final Study Plan is for Both Groups. You all must have the same question i.e. ‘How to start?’ The Biggest problem with all!  Don’t worry. Here’s the solution- the study plan for CMA Final Both Groups.
Following assumptions have been made while making this Study Plan for CMA Final Students.

  • All subjects classes are done
  • articleship is complete
  • you are on office leave (if articleship is still pending)

A minimum 3-4 months of self-study is required to clear CMA Final Both Groups. This Study Plan is for December attempt and prepared accordingly.

Which time is better for studying for CMA Final Exams?

If you want to complete your study on a timely basis, start studying in the early morning. It’s the best time for study. Wake up as early as you can and study consistently for 4-5 hours, in afternoon 3-4 hours, this way you will complete your syllabus in time.

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CMA Final Study Plan – 1st Reading

During 1st Reading finish all 8 CMA Final subjects in a given period and make summary notes during this period for revision purpose. Minimum 12 hours should be allotted for 1st Reading on a daily basis. “Consistency is the key here”.

⇒ Total time per subject = 90 hours

Make sure you finish all your subjects and notes making also cut down the number of sums to be practised next time by at least 30%-50%. This 30%-50 % will be of all the materials you will be referring for exams like institute material, Reference Books, MCQs, classes notes etc.
E.g. Suppose in Marginal Costing 60 sums are there in total, try to cut it down to 35 to 40 sums for next revision, just don’t overdo it.

CMA Final Study Plan – 1st Reading

DateDaily 9 hoursDaily 3 hours
1 August – 10 AugustDirect TaxLaw
11 Augugst -20 AugustSCMLaw
21 August – 30 AugustSFMLaw
1 September – 10 SeptemberCFRCost Audit
11 September -20 SeptemberIndirect TaxCost Audit
21 September – 30 SeptemberSPM.BVMCost Audit

After finishing the first reading, the first revision will start from October onwards.

CMA Final Study Plan – 1st Revision

During 1st Revision finish all 8 CMA Final subjects in the given period and revise from summary notes made during 1st Reading. Minimum 13 hours should be allotted for 1st Revision a daily basis. During this period also solve MTP, RTP and Previous Papers

⇒ Total time per subject = 45-50 hours

During this revision again cut down the number of sums to be practised next time by another 25%-30%. These 25%-30% reduction shall be from existing sums which were marked during 1st Reading.
E.g. Suppose in Marginal Costing there were total 60 sums and it was brought down to 40 sums during 1st Reading, now again cut it down to 25-30 sums don’t overdo it.

CMA Final Study Plan – 1st Revision

DateDaily 10 hoursDaily 3 hours
1 October – 5 OctoberSFMLaw
6 October -10 OctoberSCMLaw
11 October -15 OctoberDirect TaxLaw
16 October -20 OctoberCFRCost Audit
21 October -25 OctoberIndirect TaxCost Audit
26 October -30 OctoberSPM.BVMCost Audit

After finishing the first revision, the second revision will start from November onwards.

CMA Final Study Plan – 2nd Revision

During 2nd Revision finish all 8 CMA Final subjects in the given period and revise from summary notes made during 1st Reding. Minimum of 14 hours should be allotted for 2ndRevision.

⇒ Total time per subject = 42 hours

During this revision again cut down the number of sums to be practised next time by another 25%-30%. These 25%-30% reduction shall be from existing sums which were marked during 1st Reading.
During this period just revise from the notes which were followed during 1st Revision and solve previous attempt papers.

CMA Final Study Plan – 2nd Revision

DateDaily 14 hours
31 October – 2 NovemberLaw
3 November – 5 NovemberCFR
6 November – 8 NovemberSFM
9 November – 11 NovemberIndirect Tax
12 November – 14 NovemberSCM
15 November – 17 NovemberCost Audit
18 November – 20 NovemberDirect Tax
21 November – 23 NovemberSPM.BVM

After finishing the second revision, the third and final revision will start from November last week onwards.

CMA Final Study Plan – 3rd Revision

During 3rd Revision finish all 8 CMA Final subjects in the given period and revise from summary notes made during 1st Reading. Minimum of 14 hours should be allotted for 3rdRevision.

⇒ Total time per subject = 21 hours

During this period just revise from the notes which were followed during 2nd Revision and solve previous attempt papers and Mock Test Papers.

CMA Final Study Plan – 3rd Revision

DateDaily 14 hours
24 November – 25 NovemberLaw
25 November – 26 NovemberCFR
27 November – 28 NovemberSFM
28 November – 29 NovemberIndirect Tax
30 November – 1 DecemberSCM
1 December – 2 DecemberCost Audit
3 December – 4 DecemberDirect Tax
4 December – 5 DecemberSPM.BVM

For remaining days prepare Law which will be the first exam.

Tips for Writing CMA Final Examination:

  • Utilise 15 minutes reading time very effectively to choose those questions which you are most comfortable with.
  • Total Writing time = 180 minutes
  • Provision for Normal Loss during exams = 30 minutes
  • Net writing time = 150 minutes
  • Time per 1 mark = 150 minutes / 100 marks = 1.5 minutes
  • So a 2 mark question should be solved/answered in = 2 x 1.5 = 3 minutes
  • 10 marks question should be answered in = 10 x 1.5 minutes = 15 minutes and so on.

Remember, if you are going beyond this time schedule, then, you need to gear up
and adjust somewhere.

Follow this CMA Final Study Plan for a guaranteed success in CMA Final Exams. Yes! Guaranteed success, to achieve this Consistency and Patience will be required. All the best for your CMA Final Exams, see you soon as a CMA.

One thought on “CMA Final Study Plan – Both Group

  1. Please sugget me for preparing self study for CMA FINAL exam for June 2020 and currently i m pursuing job also. So, give for that time table.

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