icon-lvl-1  CMA Foundation

           paper-icon   4 Papers       video-icon   190+ Hrs

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CS Bhavya Parvathi
CS Bhavya Parvathi
CS Akshata Rao
CS Akshata Rao
CA Rochelle D'sa
CA Rochelle D'sa
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Paper 1
Fundamentals of Economics and Management

Quite often we hear people complaining about the price hike or fall in market value, change in tax structure, Pricing, GDP growth rate etc., Sometimes we think why do we pay tax, how exchange rates are calculated and why is it varying, why WhatsApp and Facebook kind of social media are not charging for their services, what is the need for international trade agreements, etc.,

This paper helps you understand these dynamics and provides you with the ability to interpret such dynamics happening around you.The second part of the paper deals with the Management process, students are required to know that effective management techniques are the building blocks for successful organization.

Business management is a subject involving planning, organizing, directing, coordinating, controlling and managing the business, wherein one should think practically and apply the principles, depending on the situation.

At CMA Foundation, students learn the organization’s hierarchy, how to organize, coordinate with teams, a delegation of authority, learn the importance of leadership and motivation and learn about the decision-making process and techniques of Decision making.

At the CMA Foundation level, studying economics helps understand the social, political, technological, legal and environmental activities and making appropriate decisions.

Understanding Economics helps you to contribute to the further advancement of the Indian Economy.

CMA Foundation Online video lectures of LearnCab provides comprehensive lectures on-

  • Fundamentals of Economics, Theory of Demand and Supply, Theory of Production and Costs, Analysis of Markets, Indian Economy, Basic Elements of Money and Banking, Money Market.
  • Fundamentals of Management – Management Process, Management concepts, Leadership and Motivation, and Decision making.

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CA Rochelle D'sa
CA Rochelle D'sa
CA Malaya Panda
CA Malaya Panda
CA Hariharan K
CA Hariharan K
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Paper 2
Fundamentals of Accounting

Accounting is the ‘Universal Language of Business’. It is the vehicle for reporting financial information about a business entity to the stakeholders.In order to maintain uniformity of recording transactions and making the books of accounts reliable, it is utmost important to have and follow principles of accounting that gives the true and fair view of financial statements.

At the CMA Foundation level, this subject helps you understand the basic concepts and principles of Accounting. LearnCab guides students to prepare accounts for various entities under different situations. LearnCab also provides brief insights on the classification of costs and format of cost sheet.

The first part of Section A essentially guides you in understanding various concepts and practices of accounting i.e the basics of accounting like Bookkeeping, Journal entry etc., and the second part of Section A deals with the advanced concepts like Preparation of Final accounts. Section B deals with Fundamentals of Cost Accounting and preparation of cost sheet.

The knowledge about Financial Accounting and Cost Accounting is of utmost important for Cost Accountants.

CMA Foundation Online video lectures of LearnCab provides comprehensive lectures on-

  • Theoretical framework of accounting, Accounting process, Bank Reconciliation Statements, Depreciation.
  • Accounting of Bill of exchange, Joint Venture and Consignment accounts.
  • Preparation of Final Accounts for sole proprietors, Accounting for NPO.
  • Cost Accounting introduction and significance, Classification of Costs and Format of Cost sheet.

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CS Akshata Rao
CS Akshata Rao
CS Shruthi Prakash
CS Shruthi Prakash
CA Anu Shree Agrawal
CA Anu Shree Agrawal
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Paper 3
Fundamentals of Laws and Ethics

The third paper in the CMA Foundation course – Fundamentals of Laws and Ethics, gives you innate knowledge on various commercial laws and introduction to fundamentals of Ethics.

Being new entrants to the CMA course, it becomes important for you:

– to be aware of various legislations regulating business organizations and

– how to manage business ethically.

It is said that law is the foundation upon which modern business is built and stands organized.

Commercial laws are the legislations enacted for fair functioning of business and healthy relationship among the parties to the agreement. Commercial laws are very important for the smooth running of business transactions. This paper guides you with various commercial laws like the Indian Contract Act, 1872, Sale of Goods Act, 1930 and Negotiable Instruments Act, 1881. Running business ethically is the key to long-run sustained growth in the present business scenario. Building an ethical business system guides the values, behaviors, and decisions of a business organization.

Hence this subject is marked crucial for CMA Foundation students.

CMA Foundation Online video lectures of LearnCab provides comprehensive lectures on-

  • Indian Contract Act, 1872
  • Sale of Goods Act, 1930
  • Negotiable Instruments Act, 1881
  • Ethics in Business.

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Supritha Marla
Supritha Marla
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Paper 4
Fundamentals of Business Mathematics and Statistics

Students of CMA Foundation are expected to learn the fundamental concepts of mathematics and statistics and learn its application in business decision making.Students should learn the mathematical techniques and statistical tools for analyzing and forecasting business data and help management in decision making.

The thorough grip on the subject helps you to demonstrate the relevance and forecasting the results. Statistics helps professionals to convert raw data into meaningful information.

Cost Accountants play a crucial role in estimating cost and determining the profit. Cost accountant’s main responsibility is to support top management in cost-related decisions like cost control, cost reduction, and profitability.

This subject is crucial for Cost Accountants for advising the management on cost control and cost reduction matters, based on the analysis of variables and forecasting the result.

CMA Foundation Online video lectures of LearnCab provides comprehensive lectures on:

  • Ratios and proportions, simple and compound interest, Arithmetic progression and Geometric progression, sets, Indices and Logarithms, Permutation and Combinations and Quadratic Equations.
  • A statistical representation of data, frequency distribution, measures of central tendency, Correlation and Regression, and Probability.

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Now study anytime, anywhere, on any device. With LearnCab, you can seamlessly switch between devices. Start learning on your laptop/desktop at home or office, and switch over to your phone or tablet while on the move, all without skipping a beat. You can continue from where you left off in the previous device.

CMA Foundation Online Classes

 

A LearnCab enrollment gives you access to the entire syllabus of CMA Foundation Online Classes. There are no covered costs or additional charges on the stage once you purchase the CMA Foundation lectures. Most CMA Foundation Online Coaching options lock you into specific papers only. On LearnCab you may see our CMA Foundation Video Lectures an endless number of times with our unique credit-based structured learning system

The CMA Foundation Video Classes on LearnCab have been made by the best faculty using cutting edge technology and the latest student-friendly teaching frameworks. The video discussions are shot using top tier capable equipment in dedicated studios.

The best way to study CMA Foundation is to watch the CMA Foundation online videos actively. Use our study notes and map keywords in every paragraph. This will help you to revise in the easiest possible way before the CMA Foundation exam.

Our sequential playlists fuse CMA Foundation Video Lectures with CMA Foundation Study Materials and quizzes to test your knowledge in each subject taught.

Mock tests and MCQ’s are very helpful at the time of exams to boost the students’ confidence in tackling their CMA Foundation exams.

LearnCab CMA Foundation online Course covers the entire calendar embraced by ICMAI for the CMA Foundation level test. This dispose of the need to purchase different classes from various dealers. Everything the CMA Foundation student requires is available on the LearnCab Platform.

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Study anytime anywhere with the most flexible platform for CMA Foundation Video Lectures.

LearnCab CMA Foundation Video Classes are available both on the web and on iOS and Android Apps.

Totally seamless experience independent of device used. Start watching LearnCab CMA Foundation Online Classes on your desktop/laptop at home and seamlessly switch over to your mobile/tablet while on the move. You will always start from where you stopped on the previous device.

Easy to use versatile platform with a structured learning approach. Our sequential playlists consisting of CMA Foundation Video Lectures, Illustrated Notes and Quizzes helps student grasp the concepts at the first viewing itself. The students can save a lot of time by studying on LearnCab compared to conventional study methods.

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CMA Foundation Papers

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.

FAQs

Papers Subjects No of  Lectures
Paper 1 Fundamentals of Economics and Management(S1) 12
Fundamentals of Economics(S2) 12
Paper 2 Fundamentals of Accounting 85
Paper 3 Fundamentals of Laws and Ethics 28
Fundamentals of Laws(S2) 38
Paper 4 Fundamentals of Business Mathematics and Statics 45
Total 226

CMA Foundation Virtual Classes on LearnCab are different from other platforms. Instead of just bombarding the CMA Foundation aspirants with video monologues, LearnCab has designed a structured learning program for CMA Foundation students after a lot of R & D.

LearnCab works on a sequential playlist system, where each topic is explained in a short video. This video is followed by notes for that particular topic and then a quiz to assess the students’ grasp on the video just played.

This way, the CMA Foundation student gets a good grasp of the topic in the first view itself and eliminates the need for multiple revisions.

This is the most effective way to CMA Foundation Students.

YES! Our CMA Foundation Video Lectures are as per the Latest ICMAI Syllabus. Even the latest amendments are provided at no extra cost for all students.

Our CMA Foundation faculty team consists of highly experienced CMA Foundation s from across India.

Downloadable Illustrated CMA Foundation study notes are available for every chapter.

The CMA Foundation Study Material helps you in your preparation for the CMA Foundation Exam.

If you have any questions related to CMA Foundation Study Material, feel to write to us on support@learncab.com.

Yes, there is a Q&A section at each Chapter level of the CMA Foundation Classes for students to have their queries from that particular chapter addressed by the faculties.

There are four (4) subjects:

1) Fundamentals of Economics & Management
2) Fundamentals of Accounting
3) Fundamentals of Laws & Ethics
4) Fundamentals of Business Mathematics & Statistics
Our unique credit-based subscription system allows you to watch any CMA Foundation lecture an unlimited number of times as you wish.
Our CMA Foundation Online Classes & video lectures cover the all papers and concepts of the CMA Foundation as specified in the ICMAI syllabus.
Our students have the freedom to watch what they want when they want on any device they want. Total freedom guaranteed!
1) A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
2) Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.