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USA CMA CERTIFICATION BENEFITS

USA CMA CERTIFICATION BENEFITS

USA CMA CERTIFICATION BENEFITS:-

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.

USA CMA CERTIFICATION BENEFITS

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.

USA CMA CERTIFICATION BENEFITS

US USA 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

USA CMA CERTIFICATION BENEFITS

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.

USA CMA CERTIFICATION BENEFITS

US CMA® CAREER

Designations vary from

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

USA CMA CERTIFICATION BENEFITS

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%)

USA CMA CERTIFICATION BENEFITS

  • 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.

USA CMA CERTIFICATION BENEFITS

Use following books for CMA Inter

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USA CMA CERTIFICATION BENEFITS

Use following Scanners for CMA Inter

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