ICMAI notifies Fee for Change of Elective Paper for CMA Final Students [Read Notification]
ICMAI Notification on Change of Elective Paper for CMA Final Level Students

ICMAI – Fee for Change – Elective Paper – CMA Final Students – taxscan
ICMAI – Fee for Change – Elective Paper – CMA Final Students – taxscan
In a significant update for students pursuing their final level of the Certified Management Accounting ( CMA ) course, the Institute of Cost Accountants of India ( ICMAI ) has introduced a new fee structure for those wishing to change their elective paper. The Institute of Cost Accountants of India announces a Rs. 1,000 fee for CMA Final Level students wishing to change their elective paper, including study material.
The decision was taken during the 355th Council Meeting held on September 5, 2024.
Effective immediately, CMA Final Level students who wish to switch their elective paper will be required to pay a nominal fee of Rs. 1,000. This fee covers the cost of the new elective paper's study material, which will be distributed free of charge.
The fee must be paid via a Demand Draft, made out in favor of ‘The Institute of Cost Accountants of India’, payable at ‘Kolkata’. Students can submit their applications, along with the original Demand Draft, to the Directorate of Studies at CMA Bhawan, located at 12, Sudder Street, Kolkata – 700016.
For further information, students are advised to visit the official website of the Institute at ICMAI.
Read More: ICMAI announces 100% Fee Waiver for Female and 75% for Male Students in North East States and Jammu & Kashmir
The Institute of Cost Accountants of India ( ICMAI ) has recently proposed an important amendment to its Cost and Works Accountants Regulations, 1959, announcing the planned relocation of its headquarters from Kolkata to Delhi. In the notification published in the Gazette of India on October 7, 2024, the Institute of Cost Accountants of India ( ICMAI ) introduced the draft amendment under Regulation 89 of the principal regulations.
In accordance with sub-section (3) of Section 39 of the Cost Accountants Act, 1959 (Act 23 of 1959), these draft regulations are being published for the information of all stakeholders who may be affected by the proposed changes. The amendment seeks to substitute the word “Kolkata” with “Delhi” indicating the shift of the Institute’s main office from its longstanding location in Kolkata to the nation’s capital. The proposed amendment will come into effect upon its final publication in the Official Gazette. Read More: ICMAI Headquarters move to Delhi: Stakeholders Invited to Share Feedback
To Read the full text of the Notification CLICK HERE
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