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US CMA | CMA USA Coaching or Training in US Details

US CMA | CMA USA Coaching or Training in US Details

US CMA | CMA USA Coaching or Training in US : In the United States of America, the CMA is a global designation offered by the IMA which stands for Institute of Management Accountants. Candidates must sign up to be an IMA member and pay a membership fee in order to register for the exam.

US CMA | CMA USA Coaching or Training in US

US CMA | CMA USA Coaching or Training in US :   Exam Requirements/Eligibility

To join the CMA course, you need hold a Bachelor’s degree from a recognized/accredited college or university in your country. Those pursuing B.com, BBA, or any other graduation or post-graduation course are also eligible to enroll for the CMA course.

Holders of professional certifications like chartered accountancy, cost accountancy, CIMA, etc. can also pursue the CMA course. They have to get a letter from the institution that has granted them the certification confirming that they have passed the necessary examinations.

IMA provides a list of the US and non-US based institutions whose certifications are recognized. In case you have received a degree from a college which is not in this list, then your qualification has to be evaluated by an independent agency as specified by IMA. You have to mandatorily get this evaluation done. Send the report along with your application for membership.

US CMA | CMA USA Coaching or Training in US

US CMA | CMA USA Coaching or Training in US :  CMA Exam Part 1 Syllabus

Part 1 of the CMA exam covers Financial Reporting, Planning, Performance, And Control.
The weights assigned to the different areas are:

TOPICWEIGHTAGE
External Financial Reporting Decisions15%
Planning Budgeting and Forecasting30%
Performance Management20%
Cost Management20%
Internal Controls15%

US CMA | CMA USA Coaching or Training in US

US CMA | CMA USA Coaching or Training in US :  CMA Exam Part 2 Syllabus

Part 2 covers Financial Decision-Making, and the weights assigned to the different areas are:

TOPICWEIGHTAGE
Financial Statement Analysis25%
Corporate Finance20%
Decision Analysis20%
Risk Management10%
Investment Decisions15%
IProfessional Ethics10%

US CMA | CMA USA Coaching or Training in US

US CMA | CMA USA Coaching or Training in US :  CMA (US) Exam Pattern

The theoretical education requirements for receiving the CMA certification specify that the candidates to pass both the Parts 1 and 2 of the CMA exam. Part 1 and 2 of the CMA examinations can be taken in any sequence, but it is mandatory to pass both. There is no restriction on appearing for the exams of both parts on the same day. If the candidate is well prepared, then he may do so.

The examinations for the two parts are of four hours each, consisting of:

  • 100 multiple-choice questions to be completed in three hours.
  • 2 essay type questions which have to be completed in 30 minutes each.

It is mandatory to complete the multiple-choice questions first, and then attempt the essay type questions. Students will get access to the essay type questions only after they have completed all multiple-choice questions or on the expiry of three hours, which is earlier.

If the candidate is able to complete the multiple choice questions in less than 3 hours, then he can utilize the extra time for answering the essay type questions.

Another restriction is that only if the candidate is able to complete at least 50% of the multiple-choice questions within 3 hours, he/she will be allowed to answer the essay type questions, otherwise not.

US CMA | CMA USA Coaching or Training in US

US CMA | CMA USA Coaching or Training in US : Exams 4 Hour Exam (100 multiple Choice and two 30 minutes essay questions
Computerised online exam in three sessions a year –Jan/ Feb, May/ June & Sept/Oct
Pass mark is 72%. 100 MCQs and two 30 minutes essay questions.

Each exam registration is valid for only one exam window. Students to take the exams before graduating.

The demand for CMAs in India is increasing with the arrival of MNCs and flow of off-shore establishments into our country.The positions CMA is most wanted are: Financial Analyst / Internal Auditor / Senior Executive / Finance Manager / Business Analyst / Pricing Analyst / Director- Finance / Chief Financial Officer (CFO)

US CMA | CMA USA Coaching or Training in US Details

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