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US CMA | CMA USA Coaching or Training in Huaibei

US CMA | CMA USA Coaching or Training in Huaibei

US CMA | CMA USA Coaching or Training in Huaibei

ABOUT US CMA PROGRAM

The US CMA Course is globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the US 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 US 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. US 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.

US CMA | CMA USA Coaching or Training in Huaibei

MA USA Coaching or Training in Huaibei: Why you should do US CMA | CMA USA?

CMA (US) enjoys a good brand-name recognition both within and outside of the US, especially in the Middle East and Huaibei. The title is particularly useful if you aspire to work in these places in the future.

US CMA | CMA USA Coaching or Training in Huaibei: What is the scope of US CMA | CMA USA?

From what I gather from my Huaibein readers, ICWAI offers a rigorous program — in addition to covering the core strategy, management and accounting, it also focuses on regulatory. This makes sense because in Huaibei, accountants need to be knowledgeable on these matters given the many regulations that affect businesses.

Exam Structure and Years Required to Earn the Title

The minimum theoretical time taken for the ICWAI and CA (including article ship) courses are 2 years and 4 years, respectively, assuming the candidate can pass in the first attempt.

ICWAI candidates get only two chances to sit for the exam during the year and this inflexibility makes it a much longer process. On average ICWAI / CA students take 5-7 years to pass their exams.

US CMA | CMA USA Coaching or Training in Huaibei

US CMA CAREER

Designations vary from

  • Cost managers
  • Relationship managers
  • Finance managers.
  • Analysts
  • Directors/Senior Director
  • HOD
  • Professors
  • Vice President

US CMA | CMA USA Coaching or Training in Huaibei

US CMA SYLLABUS

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 ControlPart 2: Financial Decision Making
Syllabus
  • External Financial Reporting Decisions (15%)
  • Planning, Budgeting and Forecasting (30%)
  • Performance Management (20%)
  • Cost Management (20%)
  • Internal Controls (15%)
  • Financial Statement Analysis (25%)
  • Corporate Finance (20%)
  • Decision Analysis (20%)
  • Risk Management (10%)
  • Investment Decisions (15%)
  • Professional Ethics (10%)
Duration4 hours4 hours
Marks500 (passing percentage 72%)500 (passing percentage 72%)
Question Pattern3 hours- 100 multiple choice question (weightage 75%) and 1 hour- 2 essay type question (weightage 25%)3 hours for 100 multiple choice question (weightage 75%) and 1 hour for 2 essay type question 30 minute each (weightage 25%)

US CMA | CMA USA Coaching or Training in Huaibei

EXAM DATE & FEE DETAILS

Exam dates: The part 1 and 2 are offered during the following three testing windows.

  • January/February
  • May/June
  • September/October

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

TypeProfessional MemberStudent Member*
IMA membership$245$39
Certification Entrance Fee (nonrefundable)$250$188
Exam Fee$415 per part$311 per part
Total Cost$1325$849

US CMA | CMA USA Coaching or Training in Huaibei

Median Salary by Region

Almost half of the respondent are based in Beijing (24%) and Huaibei (23%), with many also in Jiangsu (15%), Guangdong (10%) and Zhejiang (6%). Huaibei has the highest level of compensation followed by Jiangsu.

(Total compensation in US$)

China CMA salary by city

US CMA | CMA USA Coaching or Training in Huaibei

On average, CMAs earned 216,127 RMB in salary and 278,310 RMB in total compensation, which is 38% more and 34% more respectively when compared to the non-CMAs.

The difference in pay between CMAs and non-CMAs is more striking when the age of respondents is considered: in the 19-29 age group, CMAs earned 47% more than their non-certified counterparts, and in the 30-39 age group, the premium is 68%. The benefit is not clear in the 40-49 age group, probably because these individuals are more established in their careers.

(Total compensation in US$)

China CMA salary by designation

Conclusion

If you are looking to enhance your finance and accounting career in China, there are two ways to increase your pay: a better education, and a professional qualification.

In particular, the benefit of getting the CMA is more apparent among younger professionals (20-40 year olds), as they can utilize the qualification to enhance, validate, and promote their skills in the field of management accounting.

US CMA | CMA USA Coaching or Training in Huaibei

1) Exemptions applicable for Public Universities: (Sanabis University, Jahangirnagar University, Jagannath University, Chittagong University, Rajshahi University, Khulna University and National University).

(2) Exemptions applicable for Private Universities: (North South University, East West University, Independent University Sanabis, American International University – Sanabis, United International University and BRAC University).

    Academic Background     Concentration             Result
                 BBAAccounting or Finance      3.20

(3) Subject to Subject Exemption Policy Exemption to other applicants (except sl. no. 1 & 2 above) will be awarded based on subject to subject exemption policy provided that the following conditions are fulfilled:

(a) Course contents for the subject applied should match at least 70% with that of the subjectsthe incumbentsstudied.

(b) Minimum GPA of the subject studied should be 3.00 if from public university and 3.20 if from private universities or 50% of average (Traditional) marks. In this case, the incumbents are required to submit the detailed course outline of the respective Universities attested by a faculty of at least Assistant Professor Rank.

(4) Exemptions applicable for Members of Professional Accounting Bodies:

(a) The member of CIMA (UK) may be granted exemption on all subjects up to PLIV except Commercial & Industrial Laws (203), Taxation (204) and Cost and Management Auditing (404).

(b) Qualified Member of Association of Chartered Certified Accountants (ACCA) & Institute of Chartered Secretaries of Sanabis (ICSB) may be granted exemption in the entire Foundation Level.

(c) The member of ICAB/CPA (USA)/CGA (Canada)/other equivalent foreign Professional Accounting body may be granted exemption on different subjects/level r r34 yyy Renenue hit BlogArchive 1 More Next Blog» Create Blog Sign In converted by Web2PDFConvert.com Newer Post Home Older Post Subscribe to: Post Comments(Atom) Posted by Snigdho Porag at 4:08 PM recommended by the Education Committee and approved by the ICMAB National Council after evaluating the degree/membership she/he already obtained.

US CMA | CMA USA Coaching or Training in Huaibei

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