US Certified Management Accounting (USA)
Be a CMA (USA) in about 6-12 months
US CMA (Certified Management Accountant) certification is the highest credential in management accounting. Recognized in more than 170 countries worldwide, US CMA certification sets professionals apart by proving their expertise and dedication to the profession. Earning a US CMA is more than a career milestone; it is a popular practice that stands out in a competitive market.
Testimonials offer a full understanding of the CMA US subjects, which include financial management, policy execution, and business planning, all of which are essential topics. Mastery of these CMA US subjects prepares US CMA-certified individuals for productivity, efficient financial management, and informed strategic decisions. US CMA accreditation reflects an operator’s commitment to maintaining high standards and staying current with industry changes. It not only creates more job prospects but also gives them a significant competitive advantage in the business.
Employees with a US CMA designation have more earning potential and are better positioned for leadership roles in their organizations. Furthermore, the US CMA’s global recognition extends professional possibilities beyond national boundaries, making it a valuable asset for professional development and meaningful influence in professional accountability.
US CMA CURRICULUM
The exam comes in two parts. Candidates can attempt any part in any order at their convenience. Here are the CMA US subjects:
- Part 1: Financial Planning, Performance, and Analytics
- Part 2: Strategic Financial Management
PART 1 - FINANCIAL PLANNING, PERFORMANCE, AND ANALYTICS
US CMA Part 1 – Estimated Study Time & Video duration
| S. No | Topic | Marks Weightage |
| 1 | External Financial Reporting Decisions | 15% |
| 2 | Planning, Budgeting and Forecasting | 20% |
| 3 | Performance Management | 20% |
| 4 | Cost Management | 15% |
| 5 | Internal Controls | 15% |
| 6 | Technology and Analytics | 15% |
| Total | 100% |
Duration and Question Pattern:
4 hours – 100 multiple-choice questions and two 30-minute essays
PART 2 - STRATEGIC FINANCIAL MANAGEMENT
US CMA Part 2 – Estimated Study Time & Video duration
| S. No | Topic | Marks Weightage |
| 1 | Financial Statement Analysis | 20% |
| 2 | Corporate Finance | 20% |
| 3 | Business Decision Analysis | 25% |
| 4 | Enterprise Risk Management | 10% |
| 5 | Capital Investment Decisions | 10% |
| 6 | Professional Ethics | 15% |
| Total | 100% |
Duration and Question Pattern:
4 hours – 100 multiple-choice questions and two 30-minute essays
The US CMA examination pattern consists of Multiple-Choice Questions (MCQs) as well as Essay type questions. Part 1 and Part 2 are four–hour tests containing about 100 MCQs and 2 essay questions. Aspirants will be granted 3 hours to finish the MCQs and 1 hour to complete the Essay type questions.
- 75% of the Examination consists of MCQs (Multiple Choice Questions)
- 25% of the Examination consists of Essay Questions
US CMA exams are graded for 500 points, and an aspirant must score a minimum of 360 to qualify for the exams. Both parts follow the same pattern.
CMA Course Eligibility
Before taking the CMA exam, you must meet the eligibility requirements. Here’s what you should know.
- To pursue the US CMA course, you must first register with the Institute of Management Accountants (IMA).
- Educational Requirement: You must have a Bachelor’s degree from an accredited college or university. If you continue to look for your degree, you may still be eligible for the US CMA exam; however, you must verify your degree within 7 years of passing the exam.
- Professional Experience: This certification requires at least two years of professional experience in business accounting or financial management. This experience ensures that you learn real-world abilities in your field.
US CMA PROGRAM HIGHLIGHTS
Ask Anything
FAQ
Can a student write US CMA exam in India ?
Yes, students can give US CMA exams in India also.
What do you mean by US CMA?
The US CMA is an advanced professional certification specifically designed to measure critical accounting and financial management skills.
Is US CMA Course Valid In India?
Yes, It is Valid in India and also recognised in 170+ Countries.
Can Working Professionals Join The US CMA Course?
Yes. Working professionals can join the US CMA course and complete the qualification. The eligibility includes:
- Bachelor’s degree in any subject. Students who are pursuing their bachelor’s are eligible to take the CMA exams.
- Two years of professional experience in accounting or finance.
- Once someone passes both papers he/she gets 7 years to meet the above experience requirements.
Can a student do US CMA along with B.Sc and BBA ?
Yes, candidates can do US CMA after clearing their 12th class exams, and while pursuing graduation as well.
What is CMA certification Fees
For students:
IMA Membership – $147
CMA Entrance – $225
Exam fees- $370 per part
For Professional members:
IMA Membership – $295
CMA Entrance – $300
Exam Fees- $495 per part
The coaching fees would vary from institute to institute.
This Fee is Excluding 18% GST and Discounts.
What Jobs can I Get After US CMA Qualification?
US CMA Professionals often become experts in the field of accounting and finance departments of an organisation.
CMA professionals can find employment opportunities across a wide range of industries including:
- Finance, insurance, and banking
- Manufacturing, construction, and mining
- Communication, transportation, and utility services
- Real estate, mining, and education
- Health and medical services
- Government and not-for-profit
What is the CMA Exam?
The CMA Exam includes two parts -Financial Planning, Performance and Analytics and Strategic Financial Management. Both parts include 100 multiple-choice CMA Exam questions and two 30-minute essays. The essay section includes 10-12 written responses or calculation questions based on typical business scenarios.
What is the duration of the exam ?
There are two parts to the exam. Each part is 3 hours long for 100 multiple choice questions, and you will be given 30 minutes each for the two essays. The total testing duration is 4 hours per part.
How will US CMA benefit Indian candidates ?
There are only 2 exam papers and the duration of the course is also short. One can quickly attain this certification which is recognised globally.
Benefits of doing US CMA ?
- Better Career opportunities
- Global working opportunities
- Can be completed quickly
- Highly valued
- Expect good salary packages
Can I get a job after US CMA ?
Yes, this certification is valued and recognised globally with many MNC’s and Big 4’s hiring the US CMA qualified candidates.
What is CMA Salary in India ?
As a fresher, the salary ranges from, on average between Rs.6 to 8 lakhs per annum and will gradually increase over time with experience.
Which is better US CMA or CMA India ?
Both the courses have their own value. However, US CMA is recognised globally and the duration of completing the course is also less than CMA India. The pass percentage of the US CMA is higher than CMA India.
Is CMA equal to CA ?
Both are accounting courses however, CA is based on financial accounting, Indian accounting standards, tax and other accounting concepts but CMA is based on managerial accounting.
Is CMA harder than CA ?
CMA is a valued and highly esteemed course however, it is easier than CA.
Which Is Better For Indian Jobs US CMA Or CMA India?
One of the main reasons that US CMA is seen as a better option is that it takes less time to complete. A candidate can complete the US CMA course within 6 months to one year, whereas, it takes a candidate a minimum of 3 years to complete CMA India.