$\def\a{\mathfrak{a}}$There's no need for Noetherianity assumptions. The result is still true for an arbitrary ring $A$ and an arbitrary $A$-module $M$, as long as $\mathfrak{a}$ is a finitely generated ideal. Indeed, one has inclusions of $\hat{A}$-submodules of $\hat{M}$
$$
\a\hat{M}\subset\hat{\a}\hat{M}\subset\widehat{\a M},
$$
so it suffices to see that the left module equals the right one. Let $f_1,\dots,f_r\in A$ be generators of $\a$. We have a surjection $A^{\oplus r}\xrightarrow{(f_1,\dots,f_r)}\a M$. By 0315 (2), we have a surjection $\smash{\hat{A}}^{\oplus r}\xrightarrow{(f_1,\dots,f_r)}\widehat{\a M}$. But the image of $\smash{\hat{A}}^{\oplus r}\xrightarrow{(f_1,\dots,f_r)}\hat{M}$ is $\a \hat{M}$.