Yes, students can give US CMA exams in India and abroad as well.

The US CMA course is an advanced professional certification specifically designed to measure the critical accounting and financial management skills.

CMAs are important resources in all MNCs, and Big 4s of India as they look for professionals with knowledge in the international accounting system and management accounting, financial planning and analysis skills. Hence Indians are getting more inclined towards US CMA.

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.

No, there is no negative marking in the US CMA exam.

Yes, candidates can do US CMA after clearing their 12th class exams, and while pursuing graduation as well.

For students/academic members:

IMA Membership – $45 (academic members – $150)

CMA Entrance – $210

Exam fees- $345 per part

For Professional members:

IMA Membership – $275

CMA Entrance – $280

Exam fees- $460 per part

The coaching fees would vary from institute to institute.

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

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.

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.

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.

1. Better Career opportunities
2. Global working opportunities
3. Can be completed quickly
4. Highly valued
5. Expect good salary packages

Yes, this certification is valued and recognised globally with many MNC’s and Big 4’s hiring the US CMA qualified candidates.

As a fresher the salary ranges from, on an average between Rs.4.5 to 7 lakhs per annum and will gradually increase over time with experience.

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 US CMA is higher than CMA India.

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.

CMA is a valued and highly esteemed course however, it is easier than CA.

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 minimum of 3 years to complete CMA India.