ICMAI CMA Final, Inter Results 2023 Set to Release on September 26; Extepected Cut-off & Pass Percentage Here

 Formfees 17/01/2025
ICMAI CMA Final, Inter Results 2023 Set to Release on September 26; Extepected Cut-off & Pass Percentage Here
Image by Radha Kumari

The Institute of Cost Accountants of India (ICMAI) has announced that the Certified Management Accountant (CMA) results 2023 for the July session will be released on September 26. The ICMAI CMA June test 2023 took place from July 15 to July 22.

Candidates who took the CMA examinations in 2023 will be able to check and download their CMA intermediate and final results via the official website, icmai.in. To view the results, they must enter their registration number and password.

Trends in CMA Inter pass%

According to previous year’s statistics, 5,327 applicants passed intermediate, with a total pass percentage of 15.06% for both categories.

CMA inter ResultNumber of Candidate AppearedNo of candidate passedPass percentage
Group-I only25,1594,80519.10%
Group-II only13,8233,35724.29%
Both Groups 
Passed in either one of the group12,4801,70713.67%
Passed Both Groups1,87915.06%

The next CMA intermediate and final examinations will be held from December 10 to 17, 2023, according to the institute. The CMA intermediate exam 2023 is divided into two groups, each with four papers worth 100 points.

Candidates who get a minimum of 40% in each topic and a total of 50% in the CMA intermediate test 2023 will be deemed qualified.

CMA Final Result 2023

Candidates who achieve 40% in each topic and 50% overall will be considered qualified, according to the passing criterion. Here is the subject-specific cut-off for the CMA final exam in 2023

CMA final subjectsSectional Cut off
13: Corporate Laws & Compliance40%
14: Strategic Financial Management40%
15: Strategic Cost Management – Decision Making40%
16: Direct Tax Laws and International Taxation40%
17: Corporate Financial Reporting40%
18: Indirect Tax Laws & Practice40%
19: Cost & Management Audit40%
20: Strategic Performance Management and Business Valuation40%

CMA Pass Rate in 2022 – Previous Sessions

Candidates should be aware of the pass % for CMA final examinations. The prior session pass percentage might be referred to. Please see the following tables:

Passing Percentage of CMA Final December 2022: Pass Percentage

S.No.Candidate appeared forNo of Candidate AppearedNo of Candidate Passed% of pass
IGroup-III only8,0397088.81
IIGroup-IV only5,02589317.77
IIIBoth Groups 
Passed in either one of the group3,75137310
Passed Both Groups2576.85

CMA Final pass percentage : June 2022

GroupCandidates AppearedCandidates PassedPass Percentage
Group 376627309.53%
Group 4464665114.01%
Both Group4332
Passed in either one group 4119.49%
Passed both groups 4269.83%
Completed CMA Final1241

Previous Sessions CMA Intermediate 2023 Pass Percentage

The following are the CMA Intermediate passing percentages for prior years’ sessions:

CMA Intermediate Pass Rate – Session in June 2022

Appeared forCandidates appearedPassed candidatesPass percentage
Group I only219312,89713.22%
Group-II only122742,82022.98%
Both Groups
Passed in either one of the group106429889.28%
Passed Both Groups157014.45%

CMA Intermediate Pass Percentage: December 2021 session

Appeared forCandidates appearedPassed candidatesPass percentage
Group I only209343,44516.46
Group-II only98812,14021.66
Both Groups
Passed in either one of the group118608477.14
Passed Both Groups140211.82

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