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.

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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


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

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