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CA Intermediate FM and SM Marks Amendment Notes 2025 – Latest Weightage and Topic Changes

Get the latest CA Intermediate FM and SM Marks Amendment Notes with updated, new paper patterns and topic-wise changes for 2025. Download the PDF and prepare smartly.



The CA Intermediate Financial Management & Strategic Management (FM-SM) paper plays a vital role in your Group 2 preparation. But every year, ICAI updates the syllabus, makes amendments to topic weightage, or introduces subtle changes in question patterns. For the 2025 attempt, it is no different.

To help you stay updated and avoid studying outdated material, we bring to you the CA Intermediate FM and SM Marks Amendment Notes - your go-to resource for understanding the latest chapter-wise marks distribution, important changes, and topic relevance based on ICAI guidelines.

These amendment notes are specifically curated for students appearing in May 2025 and September 2025 exams, helping them focus only on what matters most.

What is Inside These FM-SM Amendment Notes?

  1. Updated Marks Distribution
    Learn how ICAI has revised the marks for various chapters in both FM (like capital budgeting, working capital, and cost of capital) and SM (like leadership, strategic implementation, etc.).

  2. Chapter-Wise Weightage (2025)
    The notes offer a clean breakdown of marks per chapter based on the revised ICAI pattern, so you can prioritize high-weightage chapters during your preparation.

  3. Addition or Deletion of Topics
    Know if any chapter is deleted, added, or merged from the syllabus. Avoid wasting time on irrelevant content and focus your energy on scoring areas.

  4. New Question Trends & Analysis
    See how ICAI recent RTPs and MTPs reflect the trend in case studies, practical questions, and theoretical MCQs—especially for SM.

  5. Applicable for May & September 2025
    These notes are designed keeping both attempts in mind. If ICAI updates something mid-year, we will include it immediately.

Who Should Use These Notes?

  • Students preparing for the 2025 FM-SM attempt (both first-time & repeaters)
  • Those confused about the chapter-wise importance after ICAI changes
  • Self-study students looking for a focused, marks-oriented study strategy
  • Coaching students who want a summary of weightage updates

These notes are PDF-ready, printable, and very easy to integrate into your daily revision or study plan. With this, you no longer have to go through bulky ICAI notifications or MTPs to guess what has changed—we have already done it for you.


FAQs

What exactly are FM and SM marks amendment notes?

These notes summarize changes in the marks distribution and syllabus for Financial Management and Strategic Management papers for the 2025 attempt.

Are these amendments officially notified by ICAI?

Yes, all changes reflected in the notes are based on ICAI official modules, RTPs, and latest exam pattern updates released for 2025.

Has any topic been removed from FM or SM in 2025?

In 2025, ICAI made some minor removals and combinations of topics, especially in SM. The notes provide a clear list of these.

Do these notes cover changes in both the theory and practical sections?

Yes, they highlight amendments in practical questions of FM and theory or case study changes in SM.

Is there any change in the overall paper pattern of FM-SM?

While the structure remains 60 marks for FM and 40 for SM, internal changes in weightage per topic have been made and are covered in the notes.

How can these notes improve my exam preparation?

By focusing only on high-priority chapters based on updated mark weightage, you save time and study efficiently.

Do these notes include MCQ-based amendments too?

Yes, especially for SM, where MCQs form a significant part, the notes highlight changes and trends in objective questions.

Can these notes be used as a last-minute revision guide?

Absolutely! The concise format helps in fast revision, especially when you want to revise chapter weightage and amended topics quickly.

Are these notes relevant for students taking coaching classes?

Yes. Even coaching students find these notes useful for tracking the ICAI latest changes alongside their class notes.

Where can I get the updated FM and SM Marks Amendment Notes?

You can download the updated PDF from the Studycaller official website under the CA Intermediate section for 2025 materials.