CMA (Certified Management Accountant) offered by the IMA (Institute of Management Accountants), USA. This designation is a highly respected credential. CMA’s has extensive career opportunities with MNC’s in India and across the world. This certification signifies expertise in Financial Planning, Analysis, Control, Decision Support and Professional Ethics.
BENEFITS OF CMA-USA
International professional qualification in financial management and management accounting.
Highly recognized professional qualification, especialy in Middle East and many other countries.
Career opportunities for CMAs can be in Multi-National companies, Financial Services or Consulting Firms and US-based firms & organizations.
On an average 9-12 months’ time to qualify the exam.
There are just two group of exam- Part 1 and part 2
Online exam & 75% questions are objective.
Eligibility to acquire Indian CMA (ICWAI) membership certification.
Average global pass percentage 40%.
Financial Planning, Performance, and Analytics
15% Cost Management
15% Internal Controls
15% Technology and Analytics
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
Strategic Financial Management
10% Risk Management
10% Investment Decisions
15% Professional Ethics
20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
Exam format-Online exam
100 multiple choice questions (3 hours) and Two 30 minutes essay questions (Total 4 hours)