CA Namit Arora — CA Inter FM & SM Lectures | Best Faculty for Paper 6
Paper 6 is the paper most students get wrong — not because they don't study, but because they spend 80% of their time on SM theory and go into the exam underprepared on FM numericals. CA Namit Arora's FM course corrects this from Day 1. His FM classes build numerical fluency with capital budgeting, WACC and working capital from the ground up — while his SM component gives you the structured framework answers ICAI expects.
Financial Management is a 50-mark numerical paper. Students who score well in FM secure the group — students who score poorly in FM lose it. Namit sir's FM course treats every chapter as an exam-priority topic with dedicated numerical practice sessions.
| FM Chapter | Priority | Namit Sir's Coverage | Exam Marks |
|---|---|---|---|
|
Capital Budgeting NPV, IRR, Payback, ARR |
🔴 Must Do | NPV with tax, depreciation, working capital and scrap. IRR by interpolation. 15+ problems solved in class. | 15–20 marks |
|
Working Capital Management Operating cycle, debtors, creditors, cash |
🔴 Must Do | Cash conversion cycle, debtors management (discount analysis), Baumol & Miller-Orr cash models. Comprehensive problems. | 10–15 marks |
|
Cost of Capital (WACC) Ke, Kd, Kp, WACC |
🔴 Must Do | All cost components — dividend model, CAPM, post-tax cost of debt. WACC computation with book and market weights. | 10–15 marks |
|
Capital Structure & Leverages NI, NOI, MM, EBIT-EPS |
🔴 Must Do | Operating, financial, combined leverage. EBIT-EPS analysis and indifference point. Both theory and numerical. | 8–12 marks |
|
Dividend Decisions Gordon, Walter, MM hypothesis |
🟠 High | All three models with proofs and numerical application. Short theory questions common. | 5–10 marks |
| Sources of Finance | 🟠 Medium | Debentures, preference shares, rights issue, venture capital — theory-based questions covered. | 5–8 marks |
In the Jan 2026 attempt, FM & SM was the most common floor-failure paper in Group 2. Students score 38–39 and lose the entire group. The reason is almost always the same — they spend 80% of Paper 6 prep time on SM theory and walk into the FM section underprepared on numericals. Namit sir's FM course corrects this by prioritising Capital Budgeting and WACC from Week 1.
Strategic Management is 50 marks of pure theory. The difference between a 35 and a 50 in SM is not how much you know — it is how you structure your answers using the right frameworks. Namit sir's SM batch trains students to write ICAI-format answers that cite frameworks by name and apply them to case scenarios.
| SM Chapter | Priority | What's Covered |
|---|---|---|
|
Strategic Analysis SWOT, PESTLE, Porter's Five Forces, Value Chain |
🔴 Must Do | Each framework taught with definition, 5–6 key points, and real company application. These frameworks appear in every exam session. |
|
Business Level Strategies Cost leadership, Differentiation, Focus |
🔴 Must Do | Porter's generic strategies with case-based application. Students learn to apply strategies to given company scenarios — exactly what ICAI asks. |
|
Strategic Implementation Organisation structure, leadership, culture |
🟠 High | Organisational design for strategy execution, leadership styles and change management — 10–15 marks commonly. |
|
Corporate Level Strategy BCG matrix, Ansoff matrix, diversification |
🟠 High | Growth and portfolio strategies — BCG matrix interpretation and Ansoff growth model with application. |
| Strategic Evaluation & Control | 🟠 Medium | Balanced scorecard, benchmarking, strategic audit concepts. |
|
Emerging Strategies Digital transformation, sustainability |
🟢 Lower | Newer topics — covered at conceptual level with exam-oriented definitions and examples. |
"The approach with which you tackle the questions helped me a lot in the exams."
"Scored 92 in Cost FM. Exemption to pakka hai in Costing and FM after Namit sir's classes."
"Equal level of satisfaction in Fast Track as Regular batch. Best teacher for Cost n FM."
"Best classes for Costing and FM in whole India. Secured 91 marks with ease."
| Course | Hours | Best For | What's Included |
|---|---|---|---|
| FM Only Regular Batch | 140 hrs | Students who need FM only — already have SM covered elsewhere. | Video lectures + 3 FM books |
| SM Only Regular Batch | 40 hrs | Students who need SM only — already have FM covered. | Video lectures + 1 SM book |
|
FM & SM Regular Combo Most Popular |
180 hrs (140+40) |
Complete Paper 6 in one bundle. Best value for Group 2 students. | Video lectures + 5 books (FM + SM) |
| FM SM Fast Track | 90 hrs | Limited time. Repeaters. Focused second revision before exam. | Video lectures + Fast Track books |
|
Cost + FM SM Combo Regular Complete Group 2 |
380 hrs (200+140+40) |
Best value — complete Papers 4 and 6 in one purchase. | All Costing + FM + SM books |
Student testimonials sourced from canamitarora.com. AIR ranks and marks as reported by students. Course details valid for May/Sep 2026 & Jan 2027 — verify latest batch details at zeroinfy.in. Zeroinfy Academic Desk, March 2026.