CMA (US)

CMA certification has been the global benchmark for management accountants and financial professionals. That can give you greater credibility and higher earning potential.

The role of a CMA is important assets in all types of organizations. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization. CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.

CMA-US - CMA
Play Video

Watch IMA Video to get more details.

Why 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 and competence.

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.

Globally, CMAs earn 61% more in median total compensation than their non-CMA peers.* The Total cost of the CMA program is approximately$2,500 The CMA program lets you proceed at your own pace, allowing you to earn your CMA in 12 months or over the course of three years.

CMA is the US equivalent of the Indian Cost Accountant qualification from The Institute of Cost Accountants of India (formerly ICWAI). The MOU has been kept on hold. So no mutual membership for now.

Qualification Requirements

BECOME AN IMA MEMBER IN 3 STEPS.

1. Eligibility

The CMA program lets you proceed at your own pace. You can earn a CMA in just 9 months or over the course of three years. Busy professionals will find the CMA program to be a time-efficient and cost-effective investment. Criteria to pursue CMA (US):

  • Bachelors Degree in any area, from accredited university/colleges.
  • Minimum 2 years of professional work experience in Management Accounting or Financial Management. This requirement may be completed prior to or within seven years of passing the examination.

2. Examinations

CMA program is rigorous and relevant. Exam can be written in the following 3 windows

  • January-February
  • May- June and
  • September – October.

The two-part testing format requires a mastery of the critical skills and knowledge involved in planning, analysis, control and decision support.

 

3. Membership

To be eligible for CMA certification, you must fulfill all of the following requirements:

  • Membership in the Institute of Management Accountants
  • Paying the Entrance Fee
  • Satisfying the Education Qualification
  • Satisfying the Experience Qualification
  • Passing scores for all required examination parts
  • Compliance with the IMA Statement of Ethical Professional Practice

Course Structure

The CMA exam: 2 parts covering 12 competencies

Paper wise Fee Structure

Frequently Asked Qustions

CMA (Certified Management Accountant) qualification is provided by IMA, US (Institute of Management Accountants), one of the professional accounting bodies of US, the other being AICPA (providing CPA qualification). The CMA (Certified Management Accountant) is an advanced professional management accounting certification specifically designed to measure the accounting and financial management skills that drive business performance. It awards the most coveted and prestigious Qualified Management Accountant designation recognized across the globe. In India, it is officially equivalent to ICWA (now called CMA-India) through a MoU signed between Institute of Management Accountants (US) and Institute of Cost Accountants of India.

IMA or Institute of Management Accountants, US, is the apex management accounting body of United States of America.

Bachelor’s degree, in any area, from an accredited college or university is required. Even those pursuing Bachelor’s can do this course; however, they need to provide proof of Bachelor’s degree at the time of certification.

 

No, you need not go for any prior credential verification. However, degrees not from accredited institutions must be evaluated by an independent agency listed at www.aice-eval.org or http://www.naces.org/members.htm. You will have to produce your graduation certificate and relevant work experience documents to IMA to get the final certification.

 

To be eligible for CMA certification, you must fulfill all of the following requirements:

  • Membership in the Institute of Management Accountants
  • Paying the Entrance Fee
  • Satisfying the Education Qualification
  • Satisfying the Experience Qualification
  • Passing scores for all required examination parts
  • Compliance with the IMA Statement of Ethical Professional Practice

  CMA comprises of only two papers (parts).
  • Part 1: Financial Planning, Performance and Analytics
  • Part 2: Strategic Financial Management

You will have to write two examinations of 4 hours-duration each. Each paper is a 500-mark exam consisting of 100 multiple choice questions (3 hours) and 2 essay type questions (1 hour).

The minimum passing score is 360 out of 500 or 72%.

A serious student can achieve this qualification within 6-9 months. However, IMA will allow you 3 years to complete the 2-part CMA program.

You can write CMA exams three times a year in January/February, May/June and September/October.

CMA exams are conducted ONLINE through Pro metric Examination Centers located across the world, including India.

Join our Classes Now :

  • Quality Content

    Our Trainers are known for their passionate and thought provoking delivery of quality throughout the lectures. Learn the subject with real life practical examples, experiences, use cases, trending technologies, market updates and many more.

  • Remote Access

    With our pre recorded lectures, access the classes on you Windows PC/Laptop, Android Smartphones, Android powered Tabs and Many more. The students can just login with their credentials and access the classes either through online streaming or download for offline access.

  • Digital Notes

    We use latest technologies to provide the digital class notes to the students. Getting rid of useless PPT Presentations. Students can get direct access to PDF files of classroom written notes along with excel sheets used in class for solving numerical problems.

Enroll Now

To enroll for our ACCA Classes, ping us on WhatsApp or drop us an Email. 

Scroll to Top