CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – making you the preferred choice of the potential employers.
Live Online Classes are being conducted using professional grade IT conferencing system from Citrix. The students can interact with the faculty in real-time during the class using chat and voice. The students will be required to install a light-weight IT application on their device which could be a laptop, desktop, tablet or a mobile. Citrix supports Windows, iOS operating system and recommends an internet speed of 1 MBPS at the user's end.
The CMA is the globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world.
The CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA). It's offered since 1972 and has certified 40,000 professionals.
CMA enhances the value that you bring to your current position, or expand your career potential, it will help you set the standard for professional excellence.
Designations vary from
Read what the professionals who pursued the US CMA credential for career advancement have to say about their experiences:
"I use my US CMA body of knowledge every day. It comes naturally in the role of CFO because I need to look at things from many different angles, not just from the financial perspective. Management accounting skills are very much in demand as foreign and local companies reach out from the local marketplace and into more global arenas. The CMA body of knowledge is very valuable in this regard.""
John K. Lau, CMA
Chief Financial Officer, WesTrac China
"I tell my students: taking the CMA exam is something you can do even before graduation. It gives you and your potential employer evidence that you're well prepared and well qualified. The CMA sets you apart from others who have a college degree alone, and it's something that is recognized and respected by a lot of potential employers."
Christine McKeag, CMA, CPA
Assistant Dean, Schroeder Family School of Business Administration Univ. of Evansville, Indiana
"The CMA gave me the cohesion and validation that I needed. Because I come from India and my education and experience came from there, my background wasn't as easily recognized. It's been very helpful for me to have this designation, because it shows that I'm a person who understands all the things that are tested on the exam."
Raj Bansal, CMA, CFM
Assistant VP, Banking Specialist HSBC Bank
|CMA - US||CMA – India||CIMA - UK|
|Credentials issued by||IMA (Institute of Management Accountants), US||The Institute of Cost Accountants of India (formerly ICWAI), India||CIMA (Chartered Institute of Management Accountants), UK|
|Course Duration||6 months||3-4 years||2-4 years|
|Approximate Cost (Training + Examination)||INR 120k - 150k||INR 100k||INR 200k|
|Academics||2 papers, single-level exams||20 papers, 3-level exams||16 papers, 5-level exams|
|Recognition||Globally recognized||India||UK & Commonwealth countries|
The syllabus includes Economics, Business Finance, Situational analysis and decision making with a strong emphasis on ethics. It is combined with relevant rule-based subject matter to provide you a sound critical thinking and decision making skill.
Candidates for CMA designation have to pass the following two parts:
|Part 1:||Financial Reporting, Planning, Performance, and Control|
• External Financial Reporting Decisions (15%)
• Planning, Budgeting and Forecasting (30%)
• Performance Management (20%)
• Cost Management (20%)
• Internal Controls (15%)
|Marks||500 (passing percentage 72%)|
|Question pattern||3 hours- 100 multiple choice question(weightage 75%) and 1 hour- 2 essay type question(weightage 25%)|
|Part 2:||Financial Decision Making|
• Financial Statement Analysis (25%)
• Corporate Finance (20%)
• Decision Analysis (20%)
• Risk Management (10%)
• Investment Decisions (15%)
• Professional Ethics (10%)
|Marks||500 (passing percentage 72%)|
|Question pattern||3hours for 100 multiple choice question (weightage 75%) and 1 hour for 2 essay type question 30 minute each (weightage 25%)|
Candidates for US CMA certification must complete all required examination parts. Part 1: Financial Reporting, Planning, Performance, and Control (4 hours – 100 multiple-choice questions and two 30-minute essay questions)
Part 2: Financial Decision Making (4 hours – 100 multiple-choice questions and two 30-minute essay questions)
Exam dates: The part 1 and 2 are offered during the following three testing windows.
Certification Entrance Fee includes Six months access to the US CMA Exam Support package which includes the US CMA Assessment Tool and printable practice questions
|Type||Professional Member||Student Member*|
|Certification Entrance Fee (nonrefundable)||$250||$188|
|Exam Fee||$415 per part||$311 per part|
* To qualify for the Student membership, individuals must be enrolled in at least six (6) undergraduate or graduate credit hours, or the equivalent, per semester. Student membership can be held for a maximum of six (6) years.
Webinar(Live Virtual Classes) covering all topics.
IMA curriculum provided by Becker Professional Education
2000+ question Bank chapter wise to gauge your performance on weekly basis
Online exam simulation resembles very closely to the actual exam giving the candidate an opportunity to get equipped to the exam format. Mock exams to give hands on experience with CMA certification.
Topic Wise study material in the form of Presentation and Case Studies. Quiz/Assignment with detailed answers and explanation
Access to materials and recordings. Our doubt solving forum to interact with faculty & Personalized Counseling available to answer all your queries and offer guidance at every stage till you clear your CMA.
Access to Exclusive Videos with over 150 hours of Recordings spanning over all topics
|Certified Management Accountant (CMA)|
|150 hours of Live Virtual Training|
|150 hours of Recordings of all topics|
|IMA approved comprehensive textbooks from Becker Professional|
|Reference notes from Edupristine(Hard copies and soft copies)|
|Mock Test for exam preparation|
|2000+question bank from Edupristine and Becker|
|Assistance in IMA registration/td>|
|24*7 online access to Edupristine and Becker online study material|
|Doubt solving forum with expertise faculty.|
The US CMA exams are computer-based and administered in hundreds of testing facilities worldwide. With three testing windows each year, you can sit for an exam at a time and place convenient for you. If you are enrolled in the US CMA program and are ready to sit for the exam, here are the steps:
Globally, US CMAs earn 59% more in average salary and 63% more in average total compensation than their non-US CMA peers.
I passed CMA in a single testing window with score Part 1 - 440 and Part 2 - 430 within a span of 6 months in my first attempt. I really appreciate study material provided by EduPristine-Becker CMA review which is very comprehensive and precisely written in a sequential manner in line with IMA's Content Specification Outline. I opted their online live lectures which gave me enough flexibility to attain from any location wherever I was during the period. I am grateful to EduPristine-Becker CMA review for helping me sail through CMA and would highly recommend CMA aspirants to sign-up with them.
It is my pleasure to thank Edupristine to guide me through the entire course of CMA. The study material and the coaching is up to the mark. A comprehensive online material (which includes the webinars and presentations) also helped me clear the certification at one go . Special mention of Mr Bhavesh Gala (our tutor) who kept providing the class with certain "tricks of the trade" to solve the questions in a logical way. I would recommend Edupristine for candidates who would be aspiring to become a CMA.
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