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CA Foundation Maths 2023- Complete Course Overview

CA Foundation maths syllabus, study material and previous year question papers

As we know, CA foundation is the entry level exam and to enroll for the next level students need to clear the CA foundation exam. There are four papers in this course out of which CA foundation maths is consider as the toughest subject. Maths require a constant practice of questions to get your doubts clear. CA foundation maths mock test papers, practice papers. previous year question paper can help you to practice as well as to get updated with the exam pattern.

Today we will provide you CA Foundation Maths Paper Complete Preparation Material like the Paper pattern, Syllabus, Study material (Module), Mock test papers with suggested answers, and study plan for June 2023 exam.

CA Foundation Maths Overview:

Paper 3 of CA Foundation course, under the new scheme, Business Mathematics, and Logical Reasoning & Statistics.

The fundamental objective is to develop the ability to understand the basic mathematical and statistical tools and their application on Business, Economics, and Finance. It also helps to develop logical reasoning skills to solve the problems. 

CA Foundation Maths Paper Pattern 2023:

  • Number of the question asked: 100
  • Time allowed to take the exam is 2 hours
  • Maximum marks 100 marks (Business Mathematics (40 marks), Logical Reasoning(20 marks),Statistics(40 Marks).
  • Each question is quantitative and the answer is circled on OMR sheets.
  • Negative marking of ¼ is applied on wrong answers.

CA Foundation Maths Paper Review (Jan 2023):

How was Jan 2023 CA Foundation Maths “Business Mathematics and Logical Reasoning & Statistics (Maths) paper?

We would say the paper was tricky, logical and theoretical and was scoring for most of the students under the new scheme, only if they had taken good practice session before exams.

CA Foundation Maths Syllabus 2023:

ICAI has revised the CA Foundation Syllabus under new scheme student can download the CA Foundation Maths new syllabus.

New CA Foundation Maths Syllabus
Click here

CA Foundation Maths Study Material 2023:

ICAI has revised the syllabus under new scheme student can download the CA Foundation study material for maths from here:

Initial Pages
Part-A: Business Mathematics
Chapter 1: Ratio and Proportion, Indices, Logarithms
Chapter 2: Equations and Matrices
Unit I: Equations
Unit II: Matrices
Chapter 3: Linear Inequalities
Chapter 4: Time Value of Money
Chapter 5: Basic Concepts of Permutations and Combinations
Chapter 6: Sequence and Series – Arithmetic and Geometric Progressions
Chapter 7: Sets, Functions and Relations
Chapter 8: Basic Concepts of Differential and Integral Calculus
(A) Differential Calculus
(B) Integral Calculus
Part-B: Logical Reasoning
Chapter 9: Number Series, Coding and Decoding and Odd Man Out
Chapter 10: Direction Tests
Chapter 11: Seating Arrangements
Chapter 12: Blood Relations
Chapter 13: Syllogism
Part-C: Statistics
Chapter 14: Statistical Description of Data
Chapter 15: Measures of Central Tendency and Dispersion
Unit I: Measures of Central Tendency
Unit II: Dispersion
Chapter 16 : Probability
Chapter 17: Theoretical Distributions
Chapter 18: Correlation And Regression
Chapter 19: Index Number and Time Series
Unit I: Index Numbers
Unit II: Time Series
Appendices

CA Foundation Maths Mock Test Papers:

ICAI has revised the syllabus under the new scheme. Students can download the CA Foundation Mock Test Papers of maths from here.

Series-I
Question
Answer

The ICAI has also scheduled the Mock test Paper for students at CA Foundation Level on 15th and 16th April 2023, from 2 P.M. to 4 P.M.

CA Foundation Maths Chapter Wise Weightage for New Course:

You can see the breakdown of chapters and modules according to the marks weightage given In exams and plan your study accordingly

Weightage Business Mathematics
20%-30% Ratio and Proportion, Indices and Logarithms Linear Inequalities: Linear Inequalities in one variable and the solution space and optimal solution
30%-40% Time Value of Money
30%-50% Permutations and Combinations Sets, Relations and Functions Sequence and Series Basic applications of Differential and Integral calculus
Weightage Logical Reasoning

60%-70%
Direction Tests Seating Arrangements Number series coding and Decoding and odd man out
30%-40% Syllogism Blood Relations
Weightage Statistics
10%-15% Correlation and Regression: Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank, Correlation, Regression lines, Regression equations, Regression coefficients Index Numbers and Time series
45%-50% Measures of Central Tendency and Dispersion: Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Co-efficient of Variation, Coefficient of Quartile Deviation Statistical Representation of Data, Diagrammatic representation of data, Frequency distribution, Graphical representation of Frequency Distribution –Histogram, Frequency, Polygon, Ogive, Pie-chart
25%-30% Probability: Independent and dependent events; mutually exclusive events.25% Total and Compound Probability; Bayes’ theorem; and Mathematical Expectation Theoretical Distribution: Binomial Distribution, Poisson distribution–basic application and Normal Distribution – basic applications

CA Foundation Maths Self Study Plan:

  • Write down the formulas and theories on a chart and can keep it handy by sticking it in your room for quick reference,
  • Continuous practice is key to score good marks in Maths subjects.
  • Divide the study material into three parts maths, Logical  Reasoning, and Statistics
  • Keep calculator handy and learn the shortcut keys to make the calculation fast and accurate.

Also, read our article CA Foundation preparation strategy to score more in CA Foundation May 2023 exam.

Frequently Asked Questions:

Q. Is CA Foundation Maths Difficult?

Ans. Yes, foundation maths is difficult but with practice you are become master at this subject. You can join our CA online classes where India’s best teacher’s will help you in solving your problem.

Q. Is there maths in CA foundation?

Ans. Yes, there is math paper in CA foundation named “Business Mathematics, and Logical Reasoning & Statistics” consist a weightage of 100 marks.

Q. Is maths compulsory for CA foundation?

Ans. Yes, all the CA foundation subjects are compulsory to clear for attempting the next level.

Q. Is 1 month enough for CA foundation?

Ans. Yes, if you plan your study 10-12 hours a day. Last month is very important for the students appearing for CA foundation exams so they should follow the plan strictly.

Comment below if you want to know more about Maths paper of CA Foundation.


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