CMA (USA)

The Certified Management Accountant (CMA) 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.

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 

CMA is an amazing opportunity for students as well as professionals in accounting & finance who are looking at a significant career progression. And with this conviction.

CMA Career Understand the CMA designation

The Certified Management Accountant (CMA) 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.

The CMA designation provides an objective measure of an individual’s knowledge and competence in the field of management accounting and financial management. 

CMA in the Indian context

CMA is the US equivalent of the Indian Cost Accountant qualification from the Institute of Cost Accountants of India (formerly ICWAI).

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.   

Why CMA:

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.

CMA Course 

• 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 B SCHOOL 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.