CMA (US)
Overview
The US CMA (Certified Management Accountant) certification is offered by IMA® (Institute of Management Accountants) of the USA, which was founded in 1919 and has over 90,000 members across 140 countries. GlobalFTI has partnered with Wiley to provide the best official IMA® study material and extensive classroom training for the CMA course in India. The CMA certification is a global benchmark for management accountants and financial professionals, achievable within 12 to 18 months.
Advantages of the CMA USA Course
- Single-Level Qualification: Only two computer-based exams.
- Cost-Effective: Less than Rs.1.5 Lakhs, cheaper than other international qualifications.
- High Pass Rates: Global average pass rates of 40%.
- Short Duration: Can be completed within 1 to 1.5 years.
Career Opportunities for CMA
The CMA certification is recognized by MNCs, Big 4 audit firms, US banks, consulting firms, and other BFSI companies in India. It is considered equivalent to the Indian CMA by most employers. CMA-certified professionals often receive higher salaries and better career prospects, with median total compensation 28% higher in the US and 50% higher globally compared to non-certified peers.
Potential Roles for CMA Professionals
- Staff Accountant
- Budget Analyst
- Finance Manager
- Treasurer
- Cost Accountant
- Financial Analyst
- Controller
- Chief Financial Officer
- Internal Auditor
- Senior Accountant
- Vice President, Finance
- Chief Executive Officer
CMA USA Syllabus & Exam Details
The CMA USA Certification comprises a single level of examination divided into two parts. Candidates can take the parts in any order.
Part 1: Financial Reporting, Planning, Performance, and Analytics
- External Financial Reporting Decisions (15%)
- Planning, Budgeting, and Forecasting (20%)
- Performance Management (20%)
- Cost Management (15%)
- Internal Controls (15%)
- Technology & Analytics (15%)
Part 2: Strategic Financial Management
- Financial Statement Analysis (20%)
- Corporate Finance (20%)
- Decision Analysis (25%)
- Risk Management (10%)
- Investment Decisions (10%)
- Professional Ethics (15%)
Each exam part is four hours long, with 100 multiple-choice questions followed by two 30-minute essay scenarios. Exams are administered at Prometric testing facilities across India during three testing windows each year: January-February, May-June, and September-October.
Training for the US CMA Exams
GlobalFTI offers over 10 years of experience in training for international financial qualifications. Classroom training is provided by experienced faculty, supplemented with “official” IMA study material from Wiley.
GFTI CMA Course Package Includes
- 100+ hours of intensive classroom training over 10 weekends covering both parts
- Expert guidance on clearing CMA exams
- Registration with IMA & examinations (2 parts)
- Best-in-class study material from approved publishers, including e-books and online test banks
- Complete guidance and support for all CMA exams and certification formalities
- Placement assistance for successful candidates
Admissions Open for 2024 Intake
- Register today to start your CMA journey with GlobalFTI.
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