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US CMA | CMA USA Testing window And Details On CMA

US CMA | CMA USA Testing window

US CMA | CMA USA Testing window : IMA’s CMA® (Certified Management Accountant) certification is a professional credential that can be earned in the advanced management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world. The CMA is a U.S.-based, globally recognized certification offered by The Institute of Management Accountants.

CMA-certified professionals work inside organizations of all sizes, industries, and types, including manufacturing and services, public and private enterprises, not-for-profit organizations, academic institutions, government entities, and multinational corporations. To date, more than 50,000 CMAs have been certified in more than 100 countries. To obtain certification, candidates must pass a rigorous exam, meet an educational requirement, experience requirement, and demonstrate a commitment to continuous learning through Continuing Professional Education (CPE)

There are currently 3 testing windows each year for the CMA exam:

Testing WindowCMA Exam Dates 2017
 Jan – Feb Jan 1to Feb 28
 May – Jun May 1to Jun 30
 Sep – Oct Sep 1to Oct 31

Other Important CMA Exam Dates

Please note that the clock starts to clock the day you sent in the entrance fee.

Specifically, you will need to register for the exam within 12 months, and complete the process including the experience requirements within 3 years.

US CMA | CMA USA Testing window

US CMA | CMA USA Testing window : Require two years of professional experience in Management accounting and or financial management or in the areas specified by IMA. This requirement may be completed prior to or within seven years of passing the examination. IMA is the global brand and ICMA is the certifying body.

Why CMA?

  • CMA global qualification is awarded by IMA (Institute of Management Accountants) USA
  • Strong Knowledge Base in Management Accounting and Financial Management
  • Significant Career Progression, Credibility & Job Prospects
  • Builds leadership Skills, International perspective towards business
  • Short Duration: 6-8 months to qualify the exam
  • Both students as well as working professionals can opt for this course
  • MOU with Institute of Cost Accountants of India (ICAI)

Who can Opt for CMA (USA) ?

  • Any Graduates, B.Com, BBA, MBA  and students persuing graduation  can join the course
  • Charterted Accountants & Cost Accountants, ACCA/CIMA
  • Any Graduate Working Professional who wish to move to a Management Level/career progression

The CMA® (Certified Management Accountant) credential demonstrates your mastery of management accounting knowledge and skills. It assures employers of your competency on the job to improve organisational performance. Exclusively for IMA® (Institute of Management Accountants) members, the CMA credential drives the career potential of candidates beyond their peers. The CMA program is designed specifically to validate mastery of the advanced skills required to manage finance functions within an organisation, enabling you to deliver value in today’s complex business environment.

US CMA | CMA USA Testing window

Topics and Examinations

Part I: Financial  Reporting, Planning, Performance and control- External Financial Reporting Decisions (15%), Planning, Budgeting & Forecasting
(30%), Performance Management (20%), Cost Management (20%), Internal Controls (15%)
Part II: Financial Decision Making -Financial Statement Analysis (25%), Corporate Finance
(20%), Decision Analysis  (20%) Risk Management (10%), Investment Decision (15%),
Professional Ethics (10%)

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 Testing window

US CMA | CMA USA Testing window  : The requirements for earning the CMA certificate are as follows:

  • The candidate should have completed a bachelor’s degree course or earned a professional certification from a recognized college/ university/Institute
  • A work experience of at least 2 years in accounting, finance, or any of the related areas
  • Candidates must have successfully completed parts one and two of the CMA exam is held by IMA.

A CMA certification opens the possibilities for having a highly rewarding career in various companies. CMAs are experts in various finance and accounts related areas, and are highly skilled in practical applications as well. Hence, there is a demand for CMAs in a large number of companies. They also grow rapidly, both in terms of position as well as salary. A recent survey by IMA showed that the CMA’s in the USA draw up to 61% more salary than their non-CMA counterparts. Thus, by investing your time, money, and energy in completing the CMA course today, you will reap rich dividends for a lifetime.

US CMA | CMA USA Testing window

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