This paper Fundamentals of Economics & Management in the CMA Foundation level is divided into 2 Parts. In part 1, you will be gaining knowledge on Fundamentals of Economics and in Part B, you will be learning Fundamentals of Management. Since economic activity is one of the basic functions of an enterprise, it is inevitable to have knowledge of basic concepts of microeconomics such as demand, supply, different types of market and its conditions and so on. Management is just not applicable to a commercial establishment; it also applies to Individual/People’s life. Management principles are universally applicable and therefore it is important to understand the principles of management.

The best approach to study the CMA Foundation Fundamentals of Economics & Management subject is to first understand the concepts and then solve multiple-choice questions. This way you will retain the concepts for a longer tenure and understand where your footing on the subject is. That is why, at LearnCab CMA Foundation online classes, we provide you MCQ style quizzes at the end of every topic. This way you can learn efficiently.

The faculty who teaches CMA Foundation Fundamentals of Economics & Management paper is CS Bhavya. She has 7+ years hands-on experience in teaching at the Institute of Company Secretaries of India, Bangalore and other esteemed Institutes and Academies. She is a practicing Chartered Accountant and presently a partner at VSPV & Co, Chartered Accountants, Bangalore. She is also a member of ICSI and ICWAI.

CMA Foundation Fundamentals of Accounting paper is divided into 2 Parts. In part 1, you will be gaining knowledge on Fundamentals of Accounting and in Part B, you will be learning Fundamentals of Cost Accounting. Being a CMA Foundation aspirant, you should understand the fundamental and elementary concepts of Accounting. You will develop the skill of understanding, classifying, recording and presenting financial statements at an elementary level.

Though this is a practical paper, it is equally important to have theoretical and conceptual knowledge of the subject. The best approach to study CMA Foundation Fundamentals of Accounting subject is to first understand the concepts and then immediately solve practical questions. This way you will retain the concepts for a longer tenure. With our CMA Foundation quizzes at the end of each topic, this will give you a good idea of where you are in your understanding. Our engaging CMA Foundation video content helps to solidify your understanding. But do NOT be a passive viewer; make your own notes while watching the CMA Foundation lectures.

CA Malaya Kumar Panda is our faculty for this paper. He has over 18 years of teaching experience in the field of Accounting. He is currently in practice as a partner in a firm named Raj, Malaya, and Associates. He owns a coaching centre named Nucleus Academy and is associated with various ICAI branches in Bangalore, Chennai, Cochin and Trivandrum and other esteemed institutions.

The paper, Fundamentals of Laws and Ethics at CMA Foundation level, is divided into 2 Parts. In part 1, you will be gaining knowledge on Fundamentals of Laws and in Part B, you will be learning Fundamentals of Ethics. At CMA Foundation level, students are expected to have a basic and elementary knowledge on various Statutory enactments relating to Indian Business and at later stages, you will be introduced to Laws at an advanced level. Study of Ethics helps you to cultivate inner peace, making your life more successful at a personal level and since you will also be applying Ethics in Business, you will be able to cultivate the art of managing the business with the right moral standards

Law requires good Interpretation skills. It takes a lot of time to understand and apply the law. Therefore, a good amount of time should be given for studying Law. Once the basics are strong, it helps in building a strong base to acquire knowledge on Law at CMA Intermediate and CMA Final Level.

The best approach to study CMA Foundation Fundamentals of Laws and Ethics subject is to first understand the concepts and then solve multiple-choice questions. This way you will retain the concepts for a longer tenure and understand your footing on the subject. Solve the quizzes at the end of every topic to give you the deliberate practice needed to excel in this domain. Also, when viewing the CMA Foundation video lectures, try to solve the worked-out examples first before watching the solution. To subscribe to our blog where we give you the best study tips to help you succeed.

Faculties teaching CMA Foundation paper Fundamentals of Laws and Ethics at LearnCab: CS Shruthi Prakash and CS Akshata Rao. CS Shruthi has 4+ years’ experience as a Professor at Christ (Deemed to be University), Bangalore. She is also a visiting faculty at various esteemed Institutions/Colleges. A Company Secretary by Profession, she holds a Masters’ Degree in Business Laws from National Law School of India University, Bangalore.

CS Akshata is a faculty at the Institute of Company Secretaries of India, Bangalore and other Professional Academies. She is a Company Secretary by Profession. A post-graduate from St. Joseph’s College of Commerce, Bangalore, she has 2+ years of industry experience in Secretarial and Compliance Matters.

The paper Fundamentals of Business Mathematics & Statistics at the CMA Foundation level is divided into 2 Parts. In part 1, you will be gaining knowledge on Fundamentals of Business Mathematics and in Part B, you will be learning the Fundamentals of Statistics. At the CMA Foundation level, you are expected to have basic and elementary knowledge on concepts of mathematics and statistics to enable you to apply these principles to business. Having knowledge of Business Mathematics and Statistics helps you to effectively foresee the future of a business and accordingly analyze the risk associated with the business.

Supritha Marla is the faculty for this subject and has 10+ years’ experience in teaching Mathematics and Science. She is a B.Sc. graduate in Mathematics & Computer Programming from Mumbai University along with an MBA in Human Resource Management. Her approach to teaching is to provide you with a lot of worked examples so that you gain mastery of the concepts. But do not watch the CMA Foundation videos lecture passively. Try finding the answer before seeing the solution.