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US CMA | CMA USA COURSE HIGHLIGHTS

US CMA | CMA USA COURSE HIGHLIGHTS

US CMA | CMA USA COURSE HIGHLIGHTS:-

US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – making you the preferred choice of the potential employers. CMA certification is widely accepted in India and in the job markets of US, Canada, Europe, Middle East and China.

US CMA | CMA USA COURSE HIGHLIGHTS

About US CMA Course:-

The US CMA® Course is globally recognised, 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 organisations 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.

The CMA Exam has a unique scoring system that can sometimes be confusing for candidates. Here’s everything you need to know to correctly interpret your CMA Exam score.

The CMA or Certified Management Accountant is a globally recognized certified program offered by the U.S based Institute of Management Accountants. This certificate is a great attribution for management professionals who are looking to advance their knowledge and skills in the financial management fields. The course equips a professional with skills in the area of financial planning, analysis, control, decision support, and professional ethics. A CMA-certified professional can avail the opportunity of working in different sectors in the management capacity. They can work in industries and organizations which include manufacturing and services, public and private enterprises, non-profit organizations, academic institutions, government entities and multinational corporations.

US CMA | CMA USA COURSE HIGHLIGHTS

Pursuing CMA – Why?

  • CMA enjoys a strong global presence and is much more recognized and accepted by employers across the nations.
  • It finds a favor with students and professionals alike, due to its fast paced completion.
  • CMA is a two part exam and can be successfully finished by a candidate within a year.
  • However, one needs to keep in mind that the minimum qualification requisite remains a bachelor’s degree from an accredited university.
  • CMA entitles an individual with an advantage in the job market as the course develops your decision making capability allowing you to produce results in a critical situation for your company.
  • Also the CMA certificate brings more visibility to a candidate’s resume and allows an employer to evaluate the professional’s ability to be suitable for higher positions in the company.
  • CMA is a course that specifically targets to improve your skill set and thus is a much more applicable educational experience.
  • The CMA course study is very relevant to the modern day situations and it does not limit its scope for financial professionals. The very obvious reason is CMA designation holders are paid 30% more than there non certified colleagues and it is a must to do course if you want to build your career in corporate accounting.

US CMA | CMA USA COURSE HIGHLIGHTS

US CMA® CAREER

Designations vary from

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

US CMA | CMA USA COURSE HIGHLIGHTS

US CMA CERTIFICATION BENEFITS

  • International recognition
  • It is the highest level of certification in Management Accounting. With increasing globalization, FDIs, outsourcing, off-shoring, US financial service MNCs in India and Indian companies listed in the US, CMAs with an international perspective are in very high demand.
  • US CMAs believe their certification creates career opportunities and strengthens their ability to move across business areas.
  • Career opportunities for US CMAs can be in Multi-national companies, Financial services or consulting firms and US-based firms & organizations

US CMA | CMA USA COURSE HIGHLIGHTS

US CMA EXAMINATION PATTERN

Candidates for US CMA certification must complete all required examination parts. Part 1: Financial Reporting, Planning, Performance, and Control (4 hours – 100 multiple-choice questions and two 30-minute essay questions)

Part 2: Financial Decision Making (4 hours – 100 multiple-choice questions and two 30-minute essay questions)

US CMA | CMA USA COURSE HIGHLIGHTS

Did you ever have the impression that the CMA exam is easy (or easier)? If you look at these CMA exam pass rates, you will be surprised.

The overall CMA exam pass rate in 2015 was 49%. IMA also releases CMA exam pass rates by exam parts in a 9-month period:

Jan to Oct 2015May 15 to Feb 16Sep 14 to Jun 16
Part 1 36% 35%35%
Part 2 55% 52%50%

For Part 1, it stays more or less the same every year. Part 2 pass rate increased to 55% in 2015, but slowly got back to the 2014 level by mid 2016.

The worldwide pass rate is a rather scary 31%-35% in this 4 year period, but if you exclude Middle East, the statistics looks much better. It is quite obvious from the above that if your native language is English or you have a chance to learn English in your country (notably Europe, and to a lesser extent, Asia), you have a higher chance to pass.

US CMA | CMA USA COURSE HIGHLIGHTS

Use following books for CMA Inter

Try and get these books for your preparation.

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US CMA | CMA USA COURSE HIGHLIGHTS

Use following Scanners for CMA Inter

These scanners are must for your exam preparation. A full list is as below. Click on each one of them to see more details.

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