Get complete CA Intermediate FM and SM Marks Weightage Notes with chapter-wise analysis to score high. Download a topic-wise study plan and tips for better preparation.
The CA Intermediate Financial Management (FM) and Strategic Management (SM) paper is a scoring subject under the New Scheme of ICAI. It is Paper 8 in Group 2 and carries a total of 100 marks, divided equally between FM (60 marks) and SM (40 marks). For students preparing for the upcoming exams, having a clear understanding of the chapter-wise marks weightage can help in smart study planning and time management.
Let us break down the marks weightage, important topics, and strategy to ace this paper.
The CA Intermediate Paper 8 consists of 100 marks, with Financial Management accounting for 60 marks and Strategic Management covering the remaining 40 marks.
Capital budgeting and working capital management typically carry the highest marks, between 12 and 14 and 10 and 12 marks, respectively, making them crucial for exam preparation.
Yes, SM is a high-scoring theory subject. If you understand the concepts well and write to-the-point answers, it is possible to score 30+ out of 40.
You should allocate about 60% of your preparation time to FM and 40% to SM, as per their respective weightage in the exam.
Yes, FM includes numerical case-based questions, while SM may have small caselets or scenario-based questions testing strategic application.
Not advisable. Theory questions from chapters like Types of Financing and Leverage Analysis can contribute up to 12–15 marks, which are easy to score.
ICAI study modules, practice manuals, RTPs, MTPs, and YouTube revision lectures are great resources for both subjects.
ICAI may revise weightage patterns every few attempts. Always refer to the latest RTPs and study guidelines issued by ICAI for the most accurate data.
No. Since the paper is a combined one, you must perform decently in both FM and SM to secure an overall pass in Paper 8.
Very important. It helps you understand the question trends, improve time management, and build confidence before the actual exam.