Details on CMA USA exam available language

CMA USA exam available language

CMA USA exam available language:-

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.

CMA USA exam available language

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.

CMA USA exam available language

The CMA Exam is currently offered in English and Chinese. Chinese-language CMA Exams are only available in mainland China.

Taking The CMA Exam

The CMA exam is broken into two parts, which are both computer-based and administered in hundreds of testing facilities worldwide. With three two-month testing windows each year, you can sit for an exam part at a time and place convenient for you.

Examination windows:

Exams are offered only during these two-month periods:

January and February
May and June
September and October

CMA USA exam available language

CMA – IMA (US) VS. ICWAI (INDIA) VS. CIMA (UK)

	CMA – US	CMA – India	CIMA – UK
Credentials issued by	IMA (Institute of Management Accountants), US	The Institute of Cost Accountants of India (formerly ICWAI), India	CIMA (Chartered Institute of Management Accountants), UK
Course Duration	6 months	3-4 years	2-4 years
Approximate Cost (Training + Examination)	INR 120k – 150k	INR 100k	INR 200k
Academics	2 papers, single-level exams	20 papers, 3-level exams	16 papers, 5-level exams
Recognition	Globally recognized	India	UK & Commonwealth countries

CMA USA exam available language

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)

If you have a good command of English; or
If you work hard and do lots of practice questions to get familiar with the style of the multiple choice questions…

… your chance to pass the CMA exam is much higher than this average statistics.

First, while CMA exam welcomes candidates from all over the world, the exam format is US-centric. Candidates outside of the US may not be familiar with how the multiple choice questions are written and also, if their native language is not English, it is hard to score well in the essay section.

Second, IMA (the exam administrator) makes it very easy for anyone with a bachelor degree to apply, unlike, for example, the CPA exam where candidates must take a substantial number of accounting and business courses.

The low barrier of entry attracts candidates who just want to give it a try. These casual takers do not invest sufficient time, money and effort to properly prepare for the exam.

CMA USA exam available language

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 Control	Part 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%)
Duration	4 hours	4 hours
Marks	500 (passing percentage 72%)	500 (passing percentage 72%)
Question Pattern	3 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%)