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The CMA is the globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world.
CMA (Certified Management Accountant) qualification is provided by IMA, US (Institute of Management Accountants), one of the professional accounting bodies of USA
The CMA (Certified Management Accountant) is an advanced professional management accounting certification specifically designed to measure the accounting and financial management skills that drive business performance. It awards the most coveted and prestigious Qualified Management Accountant designation recognized across the globe.
Whether you want to enhance the value you bring to your current position, or expand your career potential, the CMA will help you set the standard for professional excellence.
The role of a CMA is important assets in all types of organizations. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization. CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.
The CMA program lets you proceed at your own pace. You can earn a CMA in just 9 months or over the course of three years. Busy professionals will find the CMA program to be a time-efficient and cost-effective investment. Criteria to pursue CMA (US)
1) Bachelors Degree in any area, from accredited university/colleges.
2) Minimum 2 years of professional work experience in Management Accounting or Financial Management. This requirement may be completed prior to or within seven years of passing the examination.
3) Persuing any Bachelors Degree can able to do CMA. After qualifying Bachelors Degree you need to provide your educational qualifications to IMA
CMA Exam can be written in the following 3 windows – January-February / May- June and September – October. Students can chose any PART For writing the Exams
CMA exams are conducted ONLINE through Pro metric Examination Centers located across the world, including India. Check here for Promatric Examination Centreshttps://www.prometric.com/en-us/clients/icma/Pages/landing.aspx
4 hours – 100 multiple choice questions and two 30-minute essay questions
Essentials
A – External Financial Reporting Decisions
B – Planning, Budgeting and Forecasting
C – Performance Management
D – Cost Management
E – Internal Controls
F – Technology and Analytics
4 hours – 100 multiple-choice questions and two 30-minute essay questions
Essentials
A – Financial Statement Analysis
B – Corporate Finance
C – Decision Analysis
D – Risk Management
E – Investment Decisions
F – Professional Ethics
Qualified CMA (USA) get exemptions of:
– Full exemption of IPA (Australia)
– Full exemption of IFA (UK)
– Full exemption of ICWAI (MRA currently suspended)
– 50% exemption of ICMA (PAK)
– 3 papers of ACCA(UK)
– 6 papers of CIMA(UK)
Student can achieve this qualification within 8-12 months, depending upon previous qualification and expereince . However, IMA will allow you 3 years to complete the 2-parts CMA program
