CMA USA
What is CMA USA course?
CMA USA or Certified Management Accountant designation is a highly respected credential awarded by the Institute of Management Accountants (IMA) which is a US-based worldwide association for accountants and financial professionals working in business. Recognized in 150 countries, it is an excellent choice for students seeking a professional certification in a short time frame, as it can be completed in just one year with only two exams. The CMA designation provides an objective measure of an individual’s knowledge and competence in the field of management accounting and financial management. CMAs have extensive career opportunities with MNCs in India and across the world.
Some more good news here:
CMA exams comprise just 2 parts, and it takes merely 900-1200 hours of study to clear the CMA exams
CMA exams are online computerized exams administered over 6 months every year
CMA exams can be taken at Prometric test centers in India
Total cost of achieving the CMA certification is less than INR 100k
This certification enhances financial accounting and strategic business management skills, helping candidates achieve higher-level positions and salary increases compared to non-certified individuals.
The CMA USA provides a strong business appeal, perfectly blending business and accounting, and is regarded as one of the top qualifications for management. It improves financial knowledge and skills, offering abundant opportunities for career growth.
IAM Studies consistently maintains high-quality training and achieves excellent academic results for CMA USA. As an approved study center of IMA, IAM provides exceptional foundational training for each section, followed by advanced knowledge enhancement. Regular exams help students better assess their academic progress, and various study plans are offered to ensure success on the CMA exams on the first attempt. We provide the best faculty for our students, whose experience and expertise support students in passing their exams on the first try. IAM has consistently produced top performers in India.
WHY CMA
Eligibility for CMA USA
Eligibility : +2 / Degree doing & passed
CMA Course Duration
One Year, Online & Offline classes are available.
Why become a CMA
International Credibility with the highest qualification in management accountancy in the US which enjoys international recognition as members of IMA.
Strong Knowledge Base of management accounting and financial management.
Global opportunities in the accounting and financial world certainly with increase in pay packets and prospects.
International perspective coupled with increased confidence & competence.
Academic Advantage - Single level of exam with just 2 exam papers, computerized exams with multiple-choice questions/essays, simpler exam preparation & exam pass rates exceeding 40%.
Short Course duration – IAM Studies Review recommends a course duration of 6 months from the start date of the course; however, students may prefer to take more preparation time in view of their other academic & professional commitments.
Out-of-pocket expenses - Expenses of up to INR 100K is certainly a non-significant amount for an internationally acclaimed designation.
Why Pursue CMA USA At IAM Studies?
CMA IAM boasts 15 years of academic excellence, led by professionally qualified management committed to providing top-quality training for students. Our focus at IAM is to build a strong foundation for students, enabling any plus two / degree students to successfully complete the ACCA course within a short duration. Our faculty members are ACCA, CA, and CMA qualified experts in their respective subjects. We conduct regular mock exams and offer additional individual support to students, resulting in consistently high student pass rates every academic year.
Prepare @ IAM Studies
The CMA exams comprise 2 parts:
Part-1: Financial Reporting, Planning, Performance and Control,(4 hours – 100 multiple –choice questions and two – minutes essay Questions.
Part-2: Financial Decision Making(,(4 hours – 100 multiple –choice questions and two – minutes essay Questions).
Clear the CMA Exams
The CMA exams can be taken in Prometric centers across major cities in India. The CMA exams may be taken in any of the three testing windows each year - (i) January & February, (ii) May & June, (iii) September & October
IAM Studies CMA Review will guide and support you through the entire process including exam application and scheduling. Results for the exams are released within 6 weeks after the end of the month in which the exams were taken.
Career Opportunities
Careers in accounting & finance with the CMA qualification will certainly prove to be extremely rewarding in terms of increased credibility, opportunities and pay in and outside India. With increasing globalization, FDIs, outsourcing, off-shoring, US financial service MNCs in India and Indian companies listed in the US, CMAs with an international perspective are in very high demand.
Career opportunities for CMAs include but are not limited to:
Multi-national companies, Financial services or consulting firms, US-based firms & organizations, Opportunities for CMAs are boundless as they often exp8Imageaddexpandmore-dots Title ImageAttach image Parallax Effect checkand their careers beyond the traditional management accounting realm to provide related services for many different types of organizations.
CMAs have knowledge of:
Financial Planning and Analysis
Financial Management
Internal Controls
Risk Management
Cost Management
Performance Management
Decision Analysis
Professional Ethics
The credentials and knowledge base of a CMA is a big advantage when working with MNCs, financial services or consulting firms.
CMAs are required in all areas of the business world:
Management & Cost Accounting
Financial Accounting
Financial Risk Management
Management Consulting & Performance Management
Financial Planning
Financial Analysis
Corporate Finance (M&A, IPO, Share & Debt Issues)
Venture Capital
Internal Auditing
Information Technology (especially as applied to accounting)
Corporate Governance
Pathway to CPA or a global MBA
CMAs may decide to pursue the CPA designation to add to their knowledge and credibility for financial accounting & reporting, auditing & attestation and taxation.
CMA even opens doors to a global MBA. For Indian students intending to pursue their MBA (especially in finance) from the US, the CMA designation is certainly a very big plus.
The CMA designation is very widely recognized and respected by all US universities. And a CMA from India would significantly add both value and diversity to their batch.
Here's our detailed brochure of the courses and services we are providing.
Frequently Asked Questions (FAQs)
The CMA USA is a valid professional course that can be completed in a short duration?
The CMA USA is a valid and globally recognized professional course offered by the Institute of Management Accountants (IMA). It focuses on financial and strategic management skills, valuable for accounting and finance careers. Typically, candidates can complete it within 12-18 months, depending on their study pace. The program is rigorous yet flexible, enabling professionals to balance work and study.
Is it tough to complete in such a short duration?
With proper planning, dedication, and effective study strategies, it is achievable. The program is designed to be flexible, allowing professionals to balance their study with work commitments.
Is it compulsory for only graduates to pursue this course?
Plus two (12th grade) or degree-passed students are eligible to pursue this course. Plus two students, once they qualify for CMA USA, have seven years from that date to complete their degree.
How many times per year does the IMA offer the CMA USA exams?
The Institute of Management Accountants (IMA) offers the CMA USA exams three times per year during specific testing windows. These testing windows are:
(i) January/February
(ii). May/June
(iii). September/October
This schedule allows candidates flexibility in choosing when to take their exams.
Can students from any academic background pursue the CMA USA?
Yes, the Certified Management Accountant (CMA) certification can be pursued by students from any stream.