CA Inter FM and SM Notes May 2025 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.

FAQs

What are CA Inter FM and SM subjects?

CA Inter FM (Financial Management) focuses on finance-related decision-making, while SM (Strategic Management) deals with planning and implementing business strategies. Both are part of Paper 8 and crucial for understanding financial and managerial concepts.

How many marks are FM and SM for in CA Inter?

FM carries 60 marks, and SM carries 40 marks, making a total of 100 marks in Paper 8 of the CA Intermediate syllabus as per the ICAI new scheme.

Are ICAI study materials enough for FM and SM?

Yes, ICAI study materials, along with RTPs and MTPs, are comprehensive and sufficient. They cover all concepts, practical problems, and theory as per the latest exam trends and syllabus updates.

How should I make notes for FM?

Make short, formula-based notes with key concepts and shortcuts. Include one or two solved examples per chapter. Keep the notes clear, well-organized, and easy to revise before exams for maximum benefit.

How to prepare for strategic management effectively?

Understand concepts instead of rote learning. Use flowcharts, bullet points, and real-life examples. Regular revision and writing practice will help you retain concepts and improve answer presentation in the theory-based SM section.

Can I study FM and SM together?

Yes, it’s efficient to study them together. Start with FM when you're fresh (morning), and use SM as a lighter subject for afternoon or evening study, since it's more theory-based and easier to revise.

Are handwritten notes better for FM and SM?

Absolutely. Handwritten notes enhance memory retention. Writing helps reinforce formulas, theories, and examples. Plus, your own notes are easier to revise and personalize according to your weak and strong topics.

Which chapters are most important in FM?

Focus on capital budgeting, working capital, leverages, and cost of capital. These topics carry significant weightage and are frequently tested in exams. Mastering them can help you score high in FM.

How can I score high in Paper 8?

Practice FM numericals daily, revise SM concepts regularly, and attempt mock tests. Write in points, highlight formulas, and manage time wisely during the exam to ensure you complete and attempt all questions.

Where can I find reliable FM and SM notes?

Use ICAI study material, teacher-provided notes, or trusted online platforms. Ensure notes are updated as per the latest ICAI syllabus. Handwritten or summary notes from classes are great for revision too.