Paper 16 – Strategic Cost Management (CMA Final Group III) by CA Raj K Agrawal

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Q. What is CMA salary per month?

A. The salary of a CMA (Cost Management Accountant) in India varies depending on experience, skills, location, and industry. However, the average salary for a CMA in India is around ₹83,000 per month. So, this means that most CMAs in India earn between ₹5 lakhs and ₹40 lakhs per year.

Q. Is study material enough for CMA final?

A. While the official study material from ICMAI covers a lot for the CMA Final exam, some students feel it’s not enough, especially for tricky subjects like CMA Final SCM (Strategic Cost Management). The material may not receive frequent updates, and additional practice questions might be lacking. That’s why many students use extra books that explain things more and give more practice questions. Some also take review courses, both online and in person, to get ready for the exam better. Moreover, practice exams are crucial too. Consider checking out Study At Home’s classes for extra help—they have experienced teachers and lots of practice exams. Using these extra resources can really boost your chances of doing well in the tough CMA Final exam.