CA Inter FM and SM Notes Jan 2026 session for Excellent Practice

Get the best CA Inter FM and SM notes covering the full syllabus, key concepts, ICAI notes, and tips. Perfect for revision and exam preparation. Download now and boost your score.

The CA Intermediate Examination is an important stage in a chartered accountant's journey, and its two important subjects are Financial Management (FM) and Strategic Management (SM). These topics not only test analytical and strategic skills but also provide the necessary basic knowledge in real-world trade scenarios. 

In this detailed note, we will cover all the necessary aspects of CA Inter FM and SM notes from the syllabus observation, importance, tips for high scoring, often asked questions, and preparation resources. 

Notes of CA Inter Financial Management and Strategic Management 

CA difference financial management and strategic management notes provide complete study materials for chartered accountancy students, which cover the major concepts, principles, and practices of financial management and strategic management to help students develop a strong foundation in these fields.

Notes Name Download Link
CA Inter FM and SM Marks Weightage Notes Download
CA Inter FM and SM MTP Notes Download
CA Inter FM and SM RTP Notes Download
CA Inter FM and SM MCQ Notes Download
CA Inter FM and SM Practice Questions Notes Download
CA Inter FM and SM Other Notes Download
CA Inter FM and SM Handwritten Notes Download
CA Inter FM and SM Past Paper Notes Download
CA Inter FM and SM Detailed Notes Download
CA Inter FM and SM Chart Book Notes Download
CA Inter FM and SM Summary Notes Download
CA Inter FM and SM Amendment Notes Download

Marks weightage in CA Inter FM and SM 

The CA Inter Financial Management (FM) has 50 marks, of which 15 marks are for objective-type questions. FM helps students understand various finance functions such as finance decisions, investment decisions, and dividend decisions and also helps to develop working capital management and understanding of its components. 

Strategic management (SM) also consists of 50 marks, with 35 marks for descriptive types of questions while 15 marks are for objective type questions. With the help of SM, students get an understanding of strategic management concepts and techniques and have the ability to apply them in business conditions.

CA Intermediate Chapter-wise Weightage for Financial Management and Strategic Management
Part Contents Section Weightage
Part 6A: Financial Management Financial Management and Financial Analysis I 10%-15%
  Financing Decisions and Cost of Capital II 45%-50%
  Capital Investment and Dividend Decisions III 20%-25%
  Management of Working Capital IV 15%-20%
Part 6B: Strategic Management Introduction to Strategic Management I 15%-25%
  Strategic Analysis: External Environment II 15%-25%
  Strategic Analysis: Internal Environment III 15%-25%
  Strategic Choices IV 15%-25%
  Strategy Implementation and Evaluation V 15%-25%

How to Prepare for CA Intermediate Financial Management and Strategic Management  

Preparation for the CA Intermediate Financial Management and Strategic Management Examination requires a comprehensive study plan and an intensive understanding of the subject matter. Some suggestions have been made to help you prepare: 

  • Study tips 

Focus on major concepts in financial management, such as financial planning, financial analysis, and financial decisions. Practice problems and studies of cases to apply theoretical knowledge in practical conditions. For strategic management, focus on strategic planning, strategy construction, and strategy implementation. Use real-life examples and case studies to portray concepts.

  • Additional Resources 

Refer to the Institute of India's Chartered Accountants (ICAI) website for study materials, our website notes, and practice manuals. Consider joining a study group to discuss concepts and clarify doubts with fellow students. Search for guidance from teachers, masters, or experienced professionals to clarify doubt and receive reaction to your performance.

  • Be inspired 

Remind yourself of your goals and the importance of passing the exam. Focused, motivated, and full of confidence during your preparation. With a well-structured study plan and regular practice and review, you will be well prepared for the CA Intermediate Financial Management and Strategic Management Examination.

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FAQs

What are CA Inter FM and SM Notes and why are they important?

Inter FM and SM Notes are simplified study materials designed to help students understand complex financial management and strategic management topics. They make concepts easier, support quick revision, and help in scoring better by breaking the syllabus into digestible parts.

Do FM and SM notes cover the entire ICAI syllabus for CA Inter?

Yes, most FM and SM notes are created according to the official ICAI syllabus. They include theory, concepts, illustrations, and practice questions that ensure students cover every chapter essential for the exam.

Are handwritten notes better for CA Inter FM and SM preparation?

Handwritten notes are helpful because they allow students to summarise concepts in their own words. This improves memory, quick revision, and conceptual clarity. Many toppers prefer using handwritten notes along with the ICAI study material.

Can FM and SM notes help in last-minute revision?

Yes, FM and SM notes are structured in short, point-wise formats that help students revise formulas, definitions, and models quickly before the exam. They reduce stress and help maintain focus in the final preparation days.

How do SM notes help in understanding strategic models?

SM notes simplify strategic frameworks like SWOT, BCG Matrix, Porter’s Five Forces, and corporate strategies. They provide real-life examples and diagrams to help students understand how these models apply to business situations and exam questions.

How should I use FM and SM notes during exam preparation?

Start by reading concepts from the main books, then refer to notes to summarise and revise. Use them to recall formulas, practice diagrams, and revise case-based topics daily. This balanced approach improves retention and confidence.

Do FM & SM notes help with case-study-based questions?

Yes, good notes include short case explanations and real-life examples that help students understand how to apply theory in case-based questions. This builds analytical thinking, which is vital under the new exam pattern.

Should I make my own notes for SM or use ready-made ones?

A combination works best. Ready-made notes save time and offer structured content, while self-made notes help you summarise and remember essential topics in your own language. This makes revision more personalised and effective.

Can FM and SM notes help improve time management during exams?

Notes help students revise concepts quickly, which increases speed and accuracy. With formulas and frameworks at their fingertips, students spend less time recalling information and more time solving questions confidently.

How can I choose the best CA Inter FM and SM notes for my preparation?

Look for notes that are ICAI-syllabus-aligned, easy to understand, well-structured, and include examples. Prefer notes that combine theory, formulas, diagrams, and practice questions, as they give a complete learning experience.