CMA Foundation Exam Postponement: June to July - Latest Updates and Study Strategies
In recent times, the Institute of Chartered Accountants of India (ICAI) has made several announcements regarding the CMA Foundation exams, including some postponements due to the ongoing pandemic. Here are the latest updates and some valuable tips for students preparing for the exam.
Latest Updates on CMA Foundation Exam Dates
ICAI, on May 27th, announced the addition of two more cities for conducting CA Foundation exams from June 24th, 2021 onwards. This is a significant development as it shows that the exams are not expected to be further postponed. You can view the notification[1]
However, there is still some uncertainty. Some might argue that there is a possibility of further postponement. This is understandable, especially for candidates who have planned their studies around the June exam. For first-time writers, a postponement could bring some relief, but for those who have attempted the exam multiple times, it can be a significant setback.
Reliable sources have now confirmed that the Institute has postponed the exam from June 21st to July 24th, 2021. This decision was made due to the ongoing pandemic and the need to ensure the safety and well-being of all students and examiners. The notification released on April 30th, 2020, clearly mentions the rescheduled dates[2].
Furthermore, the exam dates have been pushed further due to the continued spread of the pandemic. The Institute has now announced that the exams will be held in the last week of July. A new notification released on August 1st, 2020, confirms this change[3].
Strategies for Effective Studying
Whatever the exam date may be, it is crucial for students to keep their syllabus on track. The Institute strongly advises against putting back your studies just because of potential postponements. Here are some tips to help you stay on track:
Complete Revision by Mid-June: Plan to complete one or two thorough revisions before the end of June. This will help you retain the information and refresh your memory before the final exam.
Stay Flexible: If the exam is postponed, you should be prepared to take more revisions. This approach will ensure that you remain confident and well-prepared during the exam.
Utilize Online Resources: Consider making use of online resources, such as video tutorials, practice tests, and study groups, to enhance your understanding and prepare better.
Stay Healthy: Amidst the pandemic, it's important to take care of your health. Regular exercise, proper nutrition, and sufficient sleep are crucial for maintaining mental and physical well-being.
Conclusion
The rescheduling of the CMA Foundation exam has brought some relief to students. However, it is essential to approach your exam preparation with a flexible and proactive mindset. Keep your studies consistent and well-organized, and you will be well-prepared for the exam, regardless of the final date.
Best of luck to all the students as you prepare for this important exam!
References
ICAI Notification for Additional Cities
ICAI Notification, April 30, 2020
ICAI Notification, August 1, 2020