US CMA

About US CMA

US CMA is the Highest level of certification for management accountants awarded by Institute of Management Accountants (IMA), USA. The program prepares you to meet the evolving needs of the business and make breakthrough into Finance Profession. US CMA provides future outlook of the business and helps to create value. It is a six to nine month course with only two papers.

International Credibility
Strong Knowledge Base - Auditing, Accounting (US GAAP & IFRS), Finance, Tax
Significant career progression opportunity with Big 4 and MNCs
Other benefits: Leadership skills, international perspective, elite professional network

CMA Certification

Candidates are required to fulfill following criteria to obtain US CMA Certification:

Educational Qualification:

Bechelor’s Degree or Professional Certification (CA, CPA, ACCA, etc.) The students are required to submit the educational requirments within seven year of completion of the exam. Therefore, students pursuing bechelor’s or professional certification is eligible to appear for US CMA exams.

Clear2 Part of CMA :

Required to clear two papers in any order.

Experience:

2 Year of continuous professional experience in Accounting & Finance. The Practical experience is required to be completed prior to or within seven year of passing the examination.

Active IMA Membership:

By Joining the IMA network, you can benfits from heplful resources and network opportunities
Check your eligiblity now

CAREER OPPORTUNITIES AFTER US CMA

DO not just understand “what ” numbers say, understanding “why” becomes a crucial skill in order to take managerial decision. US CMA opens up career opportunities in decision making role and you can work as:

Chief Financial Controller
Financial Manager
Financial & Planning Analyst
Cost Accountant
Chief Financial Officer
Risk Manger
Management Accountant

CMA EXAM PATTERN

The CMA USA has a two-part exam pattern. That must be passed as a prerequisite to obtaining the designation. This curriculum equips students to attain international credibility, strong knowledge in Finance and Accounting and opens a wide range of opportunity to gain career progression. The course is subdivided into two parts, covering 11 competencies-

1) Part I – Financial planning,performance and Analytics

External Financial Reporting. Planning, Budgeting and Forecasting. Performance Management. Cost Management. Internal Control and Technology and analytics.
100 multiple choice questions and two 30 minute essay questions are included in this part of the exam. You will need to have scored at least 50% of the MCQ’s right. This is because the exam is scored on a 0-500 scoring system. To have successfully passed the exam, you need at least a 360 score on the exam.

Part II – Strategic Financial Management

Financial Statement Analysis. Corporate Finance. Decision Analysis. Risk Management. Investment Decisions. Professional Ethics.
The same applies with Part 2 of the exam. Where you have 100 Multiple choice questions and two essay questions of 30 minutes. You are required to score 360 marks out of the 500 scoring system. That would be 50% answered correctly out of the MCQ questions.