CA Inter FM & SM: where the marks sat, section by section.
Every question in the 7 New Scheme CA Inter Financial Management and Strategic Management papers, May 2024 – May 2026, read, mapped to the chapter it tests, and counted. These are the real numbers from the official papers, not an opinion about them.
Section A: Financial Management
Expected marks by chapter, top 4 of 9
| # | Chapter | Exp. marks | Cumulative | Appears |
|---|---|---|---|---|
| 1 | Management of Working Capital | 19 | 19 | 7/7 |
| 2 | Financial Analysis and Planning - Ratio Analysis | 13.8 | 32.8 | 7/7 |
| 3 | Investment Decisions | 13.4 | 46.2 | 7/7 |
| 4 | Cost of Capital | 12.9 | 59.1 | 7/7 |
Section B: Strategic Management
Expected marks by chapter, top 2 of 5
| # | Chapter | Exp. marks | Cumulative | Appears |
|---|---|---|---|---|
| 1 | Strategic Choices | 30.9 | 30.9 | 7/7 |
| 2 | Strategic Analysis: External Environment | 19.8 | 50.7 | 7/7 |
Quick answers
- Which chapter carried the most marks in Financial Management?
- Management of Working Capital: 19 marks per 100 of the section on average, set in 7 of 7 attempts.
- How many chapters make up half the marks?
- 4 of 9. The top 4 carried 59.1 marks per 100 of the section between them.
- Which chapters were set in every attempt?
- 6 of 9 appeared in all 7 attempts.
- Which chapter carried the most marks in Strategic Management?
- Strategic Choices: 30.9 marks per 100 of the section on average, set in 7 of 7 attempts.
- How many chapters make up half the marks?
- 2 of 5. The top 2 carried 50.7 marks per 100 of the section between them.
- Which chapters were set in every attempt?
- 4 of 5 appeared in all 7 attempts.
"Expected marks" is a chapter's average share of each paper across the 7 attempts, scaled to 100 marks, with optional questions weighted for the choice you get. An attempt where it was not set counts as zero. "Appears" is in how many attempts it was set at all.
What this does not tell you
It is not a prediction. We back-tested three ways of ranking these units against the actual results: a plain long-run average, a recency-weighted model, and one weighted by how often a topic recurs. None of the clever ones beat the plain average by a margin worth acting on. 7 attempts is not enough data for "trending chapters" to mean anything, so we do not sell that idea. What you are looking at is where the marks have sat, which is a far better basis for planning than a guess, and still not a forecast. Read the disclaimer.
How it was built
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Official papers only
The 7 New Scheme attempts, May 2024 – May 2026, from the institute's own published papers.
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Every question read and tagged
Each question mapped to the chapter it tests, with its marks, by a Chartered Accountant. Counted, not estimated.
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Optional questions weighted
Where the paper lets you choose which questions to answer, optional questions are weighted rather than double-counted, so the marks add up to the paper you actually sit.
This is the top of one paper
The CA Inter Group 2 report covers every paper in the group. For Financial Management and Strategic Management it ranks all 14 units and bands them A-must / B-should / C-skim, with the per-attempt matrix and the question-by-question mapping so you can check our work.
See the CA Inter Group 2 reportNo sign-up needed to read this page, and nothing here is behind an email form. If the free extract is all you need, take it and good luck.