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CA Inter Financial Management and Strategic Management Chapter Wise Weightage — 2026 (Paper 6)

Official ICAI section-wise weightage for Paper 6: Financial Management and Strategic Management — 100 marks, 3 hours. Use it to put your revision hours where they earn the most marks in the current New Scheme attempts (next expected January 2027, subject to ICAI’s notification).

Source: ICAI Board of Studies official weightage (New Scheme, applicable from May 2024) — valid for the current New Scheme attempts (next expected January 2027, subject to ICAI’s notification).
Part A
Financial Management
50 marks
Part B
Strategic Management
50 marks

Complete Chapter-Wise Weightage Table

Section Chapters / Topics Weightage Priority
Part A: Financial Management
Section I
Financial Management and Financial Analysis
  • Objective and scope of financial management
  • Profit Maximisation, Wealth Maximisation, Value Creation
  • Role of Financial Manager
  • Financial distress and insolvency
  • Financial Analysis through Ratios
  • Calculation and Interpretation of ratios
10%–15%
≈ 5–8 marks
LOW
Section II
Financing Decisions and Cost of Capital
  • Sources of Finance - Long-term and Short-term
  • Contemporary sources - P2P lending, Equity funding, Crowd funding
  • Lease Financing, Venture capital
  • Cost of Capital - significance, factors, measurement
  • Weighted Average Cost of Capital (WACC)
  • Marginal cost of capital
  • Capital Structure Decisions
  • Theories of Capital Structure
  • EBIT-EPS Analysis
  • Under/Over Capitalisation
  • Leverages - Operating, Financial, Combined
45%–50%
≈ 23–25 marks
MEDIUM
Section III
Capital Investment and Dividend Decisions
  • Capital Investment Decisions
  • Payback period, Discounted payback
  • Accounting Rate of Return (ARR)
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Modified IRR (MIRR)
  • Profitability Index
  • Dividend Decisions
  • Dividend policies - Traditional, Walter's, Gordon's, MM Hypothesis
20%–25%
≈ 10–13 marks
LOW
Section IV
Management of Working Capital
  • Working capital management - Liquidity and Profitability
  • Working Capital Cycle (Operating Cycle)
  • Assessment of working capital requirement
  • Management of Accounts Receivables
  • Factoring and Forfaiting
  • Credit Management
  • Management of Accounts Payable
  • Management of Cash and Treasury
  • Management of Inventory
15%–20%
≈ 8–10 marks
LOW
Part B: Strategic Management
Section I
Introduction to Strategic Management
  • Business Policy
  • Meaning and nature of Strategic Management
  • Strategic Levels in Organisations
  • Strategic Management in Government and Not-for-Profit Organisation
15%–20%
≈ 8–10 marks
LOW
Section II
General and Competitive Environment
  • General Environment - PESTLE Analysis
  • Competitive Environment - Porter's Five Forces Model
  • Competitive Advantage - Porter's Value Chain
15%–20%
≈ 8–10 marks
LOW
Section III
Strategic Management Process
  • Vision, Mission, and Objectives
  • SWOT Analysis
  • Strategic Choice
  • Strategy Implementation
  • McKinsey's 7S Framework
  • Strategic Evaluation and Control
  • Benchmarking
25%–30%
≈ 13–15 marks
LOW
Section IV
Corporate Level Strategies
  • BCG Matrix
  • GE Nine Cell Model
  • Ansoff's Product Market Growth Matrix
  • ADL Matrix
  • Corporate Level Strategies
  • Strategic Alliances and Mergers
  • Business Level Strategies
25%–30%
≈ 13–15 marks
LOW
Section V
Functional Level Strategies
  • Marketing Strategy
  • Financial Strategy
  • Operations Strategy
  • Human Resource Strategy
  • Research and Development Strategy
10%–15%
≈ 5–8 marks
LOW

Weightage shown is within each part; each part carries the marks noted above.

How to Use This Weightage

Lead with Financing Decisions and Cost of Capital (45–50% of Part A: Financial Management). It carries the most marks in the paper, so it should get your first and deepest revision pass — followed by Strategic Management Process (25–30% of Part B: Strategic Management). Together the top two areas are roughly 38 of the 100 marks.

Practise, don't just read. For the heavy sections, work through past papers, MTPs and RTPs rather than re-reading notes — ICAI reuses question patterns closely. You'll find 8 Financial Management and Strategic Management papers with suggested answers on this site.

Don't abandon the low-weight sections. They are usually smaller in scope and often the easiest, most predictable marks — a quick, reliable buffer toward the 40-mark pass line. Always confirm the current attempt's amendments against the latest ICAI RTP.

Frequently Asked Questions

What is the chapter-wise weightage for CA Inter Financial Management and Strategic Management?
Per ICAI's official Board of Studies weightage (New Scheme), Financial Management and Strategic Management (Paper 6, 100 marks) is split as: Financial Management and Financial Analysis 10–15% of Part A: Financial Management, Financing Decisions and Cost of Capital 45–50% of Part A: Financial Management, Capital Investment and Dividend Decisions 20–25% of Part A: Financial Management, Management of Working Capital 15–20% of Part A: Financial Management, Introduction to Strategic Management 15–20% of Part B: Strategic Management, General and Competitive Environment 15–20% of Part B: Strategic Management, Strategic Management Process 25–30% of Part B: Strategic Management, Corporate Level Strategies 25–30% of Part B: Strategic Management, Functional Level Strategies 10–15% of Part B: Strategic Management.
Which chapters carry the most marks in CA Inter Financial Management and Strategic Management?
The highest-weight area is Financing Decisions and Cost of Capital (45–50% of Part A: Financial Management), followed by Strategic Management Process (25–30% of Part B: Strategic Management). The top two together are roughly 38 of the 100 marks, so they deserve your first revision hours.
Is this Financial Management and Strategic Management weightage valid for current New Scheme attempts (next expected January 2027, subject to ICAI’s notification)?
Yes. This is the ICAI New Scheme weightage (applicable from May 2024) and it applies to the current New Scheme attempts (next expected January 2027, subject to ICAI’s notification). Always cross-check the latest RTP for any amendments before the exam.
How is the CA Inter Financial Management and Strategic Management paper structured?
100 marks in 3 hours, across 2 parts (Financial Management, Strategic Management). You can practise 8 Financial Management and Strategic Management papers with suggested answers on this site.

Practise Financial Management and Strategic Management with 8 papers

Past exam papers, MTPs and RTPs for Paper 6 — with suggested answers from ICAI.

Financial Management and Strategic Management Practice Papers →
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