Official ICAI · Paper 6 · 17 sessions

ICAI CA Intermediate (Group 2) — Financial Management & Strategic Management Past Papers & Suggested Answers

Every published exam session for Financial Management and Strategic Management (Section A: Financial Management; Section B: Strategic Management), newest first — with direct links to ICAI's own Suggested Answer, Examiner Comments and Question Paper PDFs. Most recent: May 2026.

Paper 6 100 marks 3 hours 70% descriptive · 30 marks of case-scenario MCQs

What Financial Management & Strategic Management covers

The 14 chapters ICAI examines in this paper under the New Scheme. Every past paper above is set from this syllabus.

  1. 1 Scope and Objectives of Financial Management
  2. 2 Types of Financing
  3. 3 Financial Analysis and Planning — Ratio Analysis
  4. 4 Cost of Capital
  5. 5 Financing Decisions — Capital Structure
  6. 6 Financing Decisions — Leverages
  7. 7 Investment Decisions
  8. 8 Dividend Decision
  9. 9 Management of Working Capital
  10. 10 Introduction to Strategic Management
  11. 11 Strategic Analysis: External Environment
  12. 12 Strategic Analysis: Internal Environment
  13. 13 Strategic Choices
  14. 14 Strategy Implementation and Evaluation
Official ICAI study material for this paper

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Sit a whole Financial Management & Strategic Management paper on ICAI's clock and under its attempt rules, and see the mark. Or attempt one question at a time, or drill this paper's objective section in timed MCQ mode.