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CMA-USA COURSE ONLINE

LIVE ONLINE TRAINING




  • Highest quality materials, curated by our senior faculty team including the most up-to-date content covered on the CMA-USA Exam.
  • Comprehensive preparation ensures no surprises on exam day—the functionality of our course mirrors the CMA-USA Exam in every way.
  • A completely integrated course, with Live Student-Interactive Online Classes, Class Notes, Study Materials, 2000+ practice MCQ Question Bank, Video Lectures, Homework, doubt clarifications and student group interaction & problem solving sessions that work together seamlessly, giving you an effective way to prepare for the CMA USA Exam.
  • Flexible Course Timings & Formatsto fit your lifestyle, work schedule and study preferences.


CMA USA(Part 1)
Live Online Program
INR 35000
Duration: 4 Months
Access to Recordings of all topics for 12 months
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CMA USA(Part 2)
Live Online Program
INR 35000
Duration: 4 Months
Access to Recordings of all topics for 12 months
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CMA USA(Part 1+2)
Live Online Program
INR 65000
Duration: 8 Months
Access to Recordings of all topics for 12 months
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ONLINE CLASS TECHNOLOGY

CMA USA Course Online Classes are being conducted using professional grade Video Conferencing tools. The students can interact with the faculty in real-time during the class using Video, Voice & Chat. The students will be required to install a light-weight IT application on their device which could be a laptop, desktop, tablet or a mobile. We support Windows, Android and iOS operating systems and recommend an internet broadband speed of 2 MBPS at the user's end.

ABOUT CMA USA

  • Globally Recognized: A Certified Management Accountant (CMA-USA) has International Credibility with the highest qualification in management accountancy in the US which enjoys international recognition as members of IMA. Strong Knowledge Base of management accounting and financial management. Global opportunities in the accounting and financial world certainly with increase in pay packets and prospects.
  • International perspective coupled with increased confidence & competence.
  • The exam is administered by the Institute of Management Accountants (IMA).
  • CA and CMA-USA: A CMA-USA qualification is similar to the Indian CA qualification. In addition to the CA qualification, a CMA-USA will have knowledge of US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS),US federal taxation and business laws. This gives great advantage to a CMA-USA when working with US Based Financial firms or Indian firms working for US clients.
  • The Institute of Cost Accountants of India (formerly ICWAI) has a Memorandum of Understanding (MoU) with the IMA. The MoU enables mutual recognition of the professional qualification of the respective Institutes - i.e., a member of ICWAI can get enrolled as a member of IMA and vice versa. Students now have an option to pursue the CMA USA certification instead of the rigorous ICWAI (India) certification, while preparing themselves for a global career.
  • Academic Advantage – CMA USA is Single level of exam with just 2 exam papers (Part 1 & Part 2) computerized exams with multiple-choice questions / essays, simpler exam preparation & exam pass rates exceeding 40%.

CAREER OPPORTUNITIES for CMA USA

Careers in accounting & finance with the CMA qualification will certainly prove to be extremely rewarding in terms of increased credibility, opportunities and pay. 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.

Career opportunities for CMAs include but are not limited to:

  • Multi-national companies
  • Financial services or consulting firms
  • US-based firms & organizations

Opportunities for CMAs are boundless as they often expand their careers beyond the traditional management accounting realm to provide related services for many different types of organizations.

CMAs are required in all areas of the business world:

  • Management & Cost Accounting
  • Financial Accounting
  • Financial Risk Management
  • Management Consulting & Performance Management
  • Financial Planning
  • Financial Analysis
  • Corporate Finance (M&A, IPO, Share & Debt Issues)
  • Venture Capital
  • Internal Auditing
  • Information Technology (especially as applied to accounting)
  • Corporate Governance

ELIGIBILITY

CMA exam requirements are straightforward and easy to fulfill when compared to other accounting qualifications.

Requirement 1: Three Year Bachelor’s degree

Requirement 2: Two years of relevant work experience

Even if you don’t fulfill the above eligibility requirements.. not a problem. IMA gives 7 years time (after you complete the CMA USA certification) to fulfill the eligibility requirements. This means, even if you don’t possess the requirements today, you have another 7 years post completion of your CMA USA exam to fulfill the CMA eligibility requirements.

EXAM STRUCTURE

It's an Online Exam, which consists of only 2 papers (Part 1 & Part 2) and can be easily completed in around 8 months.

CMA USA EXAM STRUCTURE AND SYLLABUS

Exam passing Rate: A Candidate has to score 70% or more in each of the 2 exams to be a Certified Management Accountant (CMA USA). Historically the pass rate is more than 45% globally.

CMA EXAM PART 1

CMA Exam Part 1 is all about financial reporting, planning, performance and internal control.

There are five sections:

  • External financial reporting decisions (15%)
  • Planning, budgeting and forecasting (30%)
  • Performance management (20%)
  • Cost management (20%)
  • Internal control (15%)

A. External Financial Reporting Decisions

This section has been added to the CMA exam since January 2015. It covers the basis of financial accounting, including preparation of financial statements, valuation of assets and liabilities; operating and capital leases; impact of equity transactions; revenue recognition; income measurement; major differences between U.S. GAAP and IFRS. Candidates are required to understand and remember the items in balance sheet, income statement, statement of changes in equity, statement of cash flows, and how they relate to each other. If you have studied any accounting before, this should be a relatively straightforward section. I suspect that most of the questions are computational.

B. Planning, Budgeting and Forecasting

Budgeting is the biggest section in CMA Exam Part 1. It covers strategic planning process; budgeting concepts; annual profit plans and supporting schedules; types of budgets; top-level planning and analysis; and forecasting. Candidates are expected to calculate the various items such as cost of goods sold, cost of goods manufactured and other items in the budget, as well as some conceptual questions such as the definition on budgeting. The coverage is more in-depth than that in Section A. The concepts are not difficult, but multiple choice questions can get lengthy and complex in some budgeting scenarios.

C. Performance Management

In this section candidates are tested on the ways performance is evaluated in a corporation. This includes factors for performance evaluation, variance analysis based on flexible budgets and standard costs; responsibility accounting; key performance indicators and balanced scorecards.

Most of the evaluation tools should be familiar to those who work in accounting department in a corporation. There are certain elements, such as standard costs, that are used mostly in manufacturing companies as opposed to service oriented companies. If you are working in a financial institution or other service companies, you may want to spend more time in understanding the standard cost concept.

D. Cost Management

This is also an important section representing 20% of the exam. The first part of this section covers cost concepts, flow and terminology. Then we move on to alternative cost objectives; cost measurement concepts; cost accumulation systems; overhead cost allocation; supply chain management and business process performance.

The focus of this section includes the various costing methodologies such as job order costing, process costing, and activity-based costing. You are expected to be able to complete a full set of calculation. You should also be familiar with topics such as lean manufacturing, ERP, theory of constraints, value chain analysis, ABM, continuous improvement and efficient accounting processes.

E. Internal Controls

Internal controls is the last section representing 15% in CMA Exam Part 1. It covers corporate governance; internal control risk; internal control environment, procedures, and standards; responsibility and authority for internal auditing; types of audits; assessing the adequacy of the accounting information system controls; and business continuity planning. Internal controls questions are almost all conceptual. They are not difficult to understand, but the questions could be ambiguous and it’s pretty hard if you have to pick the best answer when a few seem to be somewhat correct.

CMA EXAM PART 2

Part 2 is all about financial analysis and decision making.

There are six sections:

  • Financial Statement Analysis at 25%,
  • Corporate Finance at 20%,
  • Decision Analysis at 20%,
  • Risk Management at 10%,
  • Investment Decisions at 15% and
  • Professional Ethics at 10%

A. Financial Statement Analysis

This is the biggest section representing 25% of Part 2. Major topics include financial ratios, performance utilizing multiple ratios, market value vs book value, profitability analysis, effects of changing prices and inflation, off-balance sheet financing, and special issues such as foreign currency fluctuations, fair value accounting, and US GAAP vs IFRS. The coverage is similar to Section A of Part 1 on financial accounting, but the focus is more on analysis and comparison using key financial data and ratios. In other words, Section A part 1 is more on understanding past performance using financial statement, while Section A in Part 2 focuses on evaluating future prospect. CMA exam candidates should be very familiar with these ratios and analytical tools. I suggest that you memorize the formulas of all key ratios. You will also need to know the applications, and understand how external investors use them to evaluate the company’s financial health.

B. Corporate Finance

Corporate finance is another important topic. Candidates should know the types of risk including the key concept of risk and return, capital instruments for financing, initial and secondary public offerings,dividend policy, cost of capital, working capital management, raising capital, mergers and acquisitions and international finance. We should understand the short-term and long-term financial management, as well as the benefits and limitations of major financial instruments. Candidates will see a mix of conceptual and computational questions. The variety of questions can be very broad, but the calculations are likely quite basic.

C. Decision Analysis

In this section candidates are tested on how management accountants provide data and perform analysis for the decision-making process.

Exam content includes relevant data concepts, cost volume profit analysis, marginal analysis, make vs buy decisions, income tax implication for operational decision analysis, and pricing methodologies. Risk management is also part of decision analysis but we will go through this topic in Section D.

D. Risk Management

This section covers the types of risk, including business, hazard, financial, operational and legal risks; risk mitigation, risk management, risk analysis and enterprise risk management (ERM). Organizational managers need to identify, assess and respond to risks in order for the organization to achieve its goal. In the CMA exam, the focus on ERM model. You are most likely to get conceptual questions in this section.

E. Investment Decisions

This section covers how management accountants help make important decisions whether to proceed with an investment, or to choose between investment alternatives. Topics include cash flow estimates, discounted cash flow concepts, net present value, internal rate of return, discounted payback, as well as risk analysis and real options.

F. Professional Ethics

The exam content is based on the IMA Statement of Ethical Standards. Topics include ethical considerations for management accounting professionals, and for the organization as a whole. The principles and standards are concise and easy to understand. Candidates should memorize the names of the 4 standards, and more importantly, to know how they are applied in real business situations.

ADVANTAGE

  • Career Counseling to understand the relevance of CMA USA on an individual basi
  • Complete Classroom Preparation for Exam by CMA qualified Faculty with significant experience.
  • Apply for CMA USA Exam and assistance for registration, VISA, etc
  • Assistance in getting CMA-India Membership after clearing the exams
  • 100% Placement Assistance after completion of the Exam
  • Mentor assigned to each student for 100% support during the program.
  • Register once and attend Virtual Classroom Trainings till you clear the Exam.

COURSE HIGHLIGHTS

Online (Virtual) Classroom Training

Prepare rigorously before competitive exam.

Study Material

Curated Class Notes & Study Materials by our senior faculty team

Online Live Training

150 hrs of Live Interactive Online (Virtual Classroom Training) by our Senior Faculty team

CMA USA Video Lectures & MCQ Question Bank

150+ hours of recorded video lectures by our senior faculty team, E- books, Over 2000+ MCQ (Multiple Choice Questions), Online Exam Simulations, Study planner

Our Faculty

At CAKART we invite industry professionals to conduct training (Topic Expert Model)

Recordings

Access to Exclusive Videos with over 150+ hours of Recordings spanning over all topics

24x7 Online Access

24x7 Online Access* to Course Material & Recorded Lectures

Support

Online access to materials and recordings, Doubt solving forum to interact with faculty and fellow students.

Certified Management Accountant (CMA-USA)
Price 132000 + Appl. taxes
32 weeks Online Live Training (150+ hrs)
Curated Class Notes & Study Materials (eBooks)
Mock Tests & Online Exam Simulations (Online MCQ Format)
MCQ Practice Question Bank (2000+ questions)
Study Roadmap
Student Discussion Forum
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FAQs

• Membership in IMA.

• Bachelor's degree from an accredited college or university. (Please refer the Education Qualification Section of the CMA Handbook)

• Bachelor's degree from an accredited college or university. (Please refer the Education Qualification Section of the CMA Handbook)

• Two continuous years of professional experience in management accounting or financial management.

• Completion of Part 1 and Part 2 of the US CMA exam.

• To enroll in the US CMA, register with CAKART for the training program

• Join IMA, complete your application online and pay the membership fee.

The US CMA exams are computer-based and administered in hundreds of testing facilities worldwide. With three testing windows each year, you can sit for an exam at a time and place convenient for you. If you are enrolled in the US CMA program and are ready to sit for the exam, here are the steps:

  • File an Exam Registration Form selecting the exam(s) you wish to take and pay the indicated fees.
  • Receive a Registration acknowledgment which provides your authorization number(s), testing window(s), and the Instructions for Candidates.
  • Schedule your exam appointment(s) with Prometric, our testing partner.
  • Once you've completed registration, an email will automatically be sent to you reconfirming your selection of exam, location and time.
  • Appear for your scheduled exam appointment(s) with the required identification documents.

Globally, US CMAs earn 59% more in average salary and 63% more in average total compensation than their non-US CMA peers.

Testimonials

Joining CAKART CMA USA Live Online Classes was one of the best decisions I made recently. CMA Abhishek's coaching is very systematic, and he takes you thro' the concepts & illustrations in great detail. I will recommend this course for anyone pursuing the CMA USA certification.

I found it very challenging to locate a CMA USA coaching facility in the UK, until I came across CAKART CMA USA Live Online classes. They offer personalized CMA Live Online coaching at flexible timings that suits my busy working schedule. CMA Abhishek is very methodical in his approach, and ensures you get the concepts extremely clear. I'm now very confident to appear for the CMA USA exam.

I found CAKART CMA USA program to be very affordable, when compared to any other neighborhood coaching institutes. I also get to access the recorded video lectures of the faculty whenever I miss attending the live online sessions. This is very handy for my exam preparations. Best part is that all sessions are live interactive online classes, and it saves lot of valuable time for me.

Joining CAKART CMA USA Live Online Classes was one of the best decisions I made recently. CMA Abhishek's coaching is very systematic, and he takes you thro' the concepts & illustrations in great detail. I will recommend this course for anyone pursuing the CMA USA certification.
Iqbal Ahmed
Muscat, UAE
I found it very challenging to locate a CMA USA coaching facility in the UK, until I came across CAKART CMA USA Live Online classes. They offer personalized CMA Live Online coaching at flexible timings that suits my busy working schedule. CMA Abhishek is very methodical in his approach, and ensures you get the concepts extremely clear. I'm now very confident to appear for the CMA USA exam.
Anjali Jha
London, UK
I found CAKART CMA USA program to be very affordable, when compared to any other neighborhood coaching institutes. I also get to access the recorded video lectures of the faculty whenever I miss attending the live online sessions. This is very handy for my exam preparations. Best part is that all sessions are live interactive online classes, and it saves lot of valuable time for me.
Majid Ali
Dubai, UAE
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