Best CMA USA coaching in Bihar: Eligibility Criteria for CMA USA Certification

In the post-pandemic era, businesses and organizations are starting to pick up the pace with the changing demands of the world. To keep running the internal operations of their businesses seamlessly, many big-name companies are currently hiring well-experienced and highly skilled CMA USA professionals.

The US Certified Management Accountant (CMA) is a highly valued certification by aspirants who want to pursue a career in the field of Finance and Accounting. CMA USA certification, accredited by the Institute of Management Accountants (IMA), has global recognition as a professional certification in financial management and business accounting. With several benefits such as recognition, higher salary, and steady career growth that comes with this certification, individuals worldwide opt for CMA USA, making it one of the most highly sought-after certifications worldwide.

With the help of a USA CMA certification, aspiring candidates in Bihar who want to build a steadily growing career in Finance and Accounting will become eligible to apply for the top management positions and job roles in an organization. 

In this article, you will learn everything about the CMA USA certification, its course details, the CMA USA exam for candidates in Bihar, and CMA USA coaching in Bihar.

What is the CMA USA certification?

The USA Certified Management Accountant certification is a professional certification offered to individuals who aspire to pursue financial management and business accounting as a career. The USA CMA certification validates the credentials of the certificate holder as a well-experienced and highly skilled professional who can design, analyze, and plan financial and accounting aspects of an organization. The CMA USA certification is obtained by passing the CMA USA exam, administered by the IMA via several testing channels under the Prometric Testing Center. 

What are the benefits of CMA USA certification?

Acquiring the CMA USA certification in Bihar has many benefits in every aspect of one's career. Let's look at the perks of being a certified USA CMA in Bihar.

Steady Career Path

Avail yourself of the opportunity to a steady career with an upward earning curve with the help of the USA CMA certification. The USA CMA certification in Bihar can help you build a successful career in Finance and Accounting. The USA CMA certification validates your credibility as a financial accountant with the relevant knowledge and skills in financial management and business accounting.

Get High Designation Job Roles

With the help of the USA CMA certification in Bihar, you can become eligible for some of the top positions in the field of Finance and Accounting. Candidates who have obtained the US CMA certification in Bihar gain excellent career opportunities in India and many countries outside India.

Become Eligible for Higher Salary Packages

With the global expansion of the economy and of businesses, the need for well-trained and skilled US CMA certification holders is at an all-time high in almost every country. This makes companies hire professionals with USA CMA certification in Bihar with higher pay for the USA CMA certification holders who are recognized for their knowledge and relevant skill set in the field of Finance and Accounting. The average annual salary of a US CMA certification in Bihar is 4.5-6 lakhs rupees.

Dedicate a year, build a Strong Career

Candidates can typically complete the USA CMA certification course and give the exam in 8-9 months. It means you are eligible for the top positions and job roles and higher pay if you dedicate a few months to preparing for the USA CMA certification exam. All you have to do is understand the USA CMA course details, take up a CMA USA training course, and pass the certification exam.

Be ready to Work Globally at the Top.

Top multinational companies in and outside India hire US CMA professionals. The CMA USA coaching ensures a good career with greater job security and steady advancement upwards in the future.

CMA USA Course Details

By now, you must be greatly excited to jump into the preparation for the CMA USA exam. Before you start your preparation, it is imperative to understand the details of the USA CMA exam and how you can prepare yourself for getting optimal results. 

No matter if you are a beginner or a professional, you can always benefit from a dedicated coaching center. You can avail yourself of a CMA USA coaching in Bihar. Read ahead to learn about the USA CMA course details in Bihar.

Syllabus 

The syllabus of the USA CMA course has been divided into two parts based on the exam, namely, Part-I and Part-II. The Part-I syllabus contains Financial Planning, Performance, and Analytics, while the Part-II syllabus contains Strategic Financial Management. Let's look at the syllabus of both parts in detail.

Part-I: Financial Planning, Performance, and Analytics

• External Financial Reporting Decisions (15%)
• Planning, Budgeting, and Forecasting (20%)
• Performance Management (20%)
• Cost Management (15%)
• Internal Controls (15%)
• Technology and Analytics (15%)

Part-II: Strategic Financial Management

• Financial Statement Analysis (20%)
• Corporate Finance (20%)
• Decision Analysis (25%)
• Risk Management (10%)
• Investment Decisions (10%)
• Professional Ethics (15%)

 

Exam Pattern for CMA USA

As discussed above, the CMA USA certification exam is held in two exam parts- Part I and Part II. To pass the US CMA exam and earn the certification, candidates must pass both parts of the CMA USA exam. Candidates can take the exams in two parts in any order, but it should be noted that candidates can qualify for the other part only after they clear the first part. Interested candidates can enroll themselves in a CMA USA coaching in Bihar to be well prepared for this exam.

Candidates must note the following regarding the USA CMA exam:

• The registration for an exam of any part is valid one time only. If you wish to reappear for the same exam, you must register again for the entire exam.
• The CMA USA exam is held in the following months every year:
  • January
  • February
  • May/June
  • September/October

Candidates can opt for any exam schedule depending on their choice.

• The CMA USA exam is a computer-based test. Both parts of the exam (i.e., Part-I and Part-II) contain 100 multiple choice questions and 2 Essay type questions.
• Each exam part carries 500 maximum marks, of which 375 marks are for MCQs and 125 marks for Essay questions.
• The exam duration for both parts of the USA CMA exam is 4 hours each. The Essay type questions are to be completed within 60 minutes.
• To pass the exam, candidates must secure a minimum of 75% in both parts of the USA CMA exam. The minimum score needed is 360 marks for each exam part.

 

CMA USA Course Duration

One of the most important aspects of the CMA USA coaching in Bihar is the duration of the course. The US CMA course can be completed within 6 to 9 months. With the help of the top CMA USA coaching in Bihar, you can become a certified USA CMA within one year! With ample effort, practice, and dedication, along with guidance from CMA USA coaching in Bihar, you can crack the US CMA certification exam in just one attempt.

Eligibility Criteria for CMA USA Certification Exam

To apply for the US CMA certification exam, candidates need to fulfill certain eligibility prerequisites as specified by IMA. The eligibility requirements for taking admission to the USA CMA are as follows:

• The candidates must have a bachelor's degree from a renowned institution, preferably in a related field of study.
• The candidates must possess a minimum of two years of professional experience in financial management and business accounting.
• The candidates are also required to have an active membership of IMA.
• The candidates should also follow the Statement of Ethical Professional Practice.

If you want to apply for the CMA USA certification, it is essential to fulfilling these requirements. To fare well in the exam, you should be well-versed with the syllabus and the exam pattern, which we have already discussed. Now you should be acquainted with course fees and the exam fees for CMA USA coaching in Bihar.

CMA USA Fees for Exam and Certification Course

Another important aspect of the CMA USA coaching in Bihar is the course and the exam fees. Let's first discuss the USA CMA exam fee, and then we will talk about the CMA USA coaching fees in Bihar if you wish to enroll yourself and boost your CMA exam preparation. 

Exam Fee

The fee structure has been summarized below for your convenience.

• For Students 

Particulars	CMA USA Fee (in $)
Membership Registration	135
IMA Entrance Fee	210
Part 1 Exam Fee	345
Part 2 Exam Fee	345
Total	1035

• For Working Professionals 

Particulars	CMA USA Fee (in $)
IMA Membership Fee	260
IMA Entrance Fee	280
Part 1 Exam Fee	460
Part 2 Exam Fee	460
Total	1460

Candidates who opt for the certification must submit this fee to give the examination. In case you register via NorthStar Academy - IMAs official training partner you get access to BUNDLE DISCOUNTS!

 

Course Fee

Candidates who wish to join a CMA USA coaching in Bihar can get several exciting discounts on the exam fee if they enroll themselves through a certified coaching partner. You can connect with our counselor to get a detailed understanding of the packages we offer.

Job Opportunities and Salary After CMA USA Certification

The CMA USA coaching in Bihar trains individuals to become knowledgeable and skilled in financial management and business accounting. The CMA training in Bihar helps them to pass the CMA USA exam successfully. After obtaining the US CMA certification in Bihar, candidates become eligible for many high-paying job roles. 

Let's check out the career opportunities available to eligible CMAs and their salaries in India.

CMA USA Job Opportunities in Bihar

The USA CMA certification in Bihar opens up many career opportunities and top job roles in the best management companies. Candidates become eligible to apply for top management positions in any financial management and accounting industry. Some of the job titles that candidates can opt for after completing the CMA USA coaching in Bihar include:

• Chief Financial Officer
• Finance Controller
• Budget Analyst
• Finance Manager
• Treasurer
• Cost Accountant
• Internal Auditor
• Senior Analyst
• Financial Analyst
• Management Trainee

The USA CMA certification in Bihar opens up doors to getting job roles in many top multinational companies. Professional CMAs can get a job anywhere in the world with the help of USA CMA certification. Some of the MNCs that hire CMA professionals include:

• Deloitte
• PwC
• KPMG
• EY
• Accenture
• Cognizant
• MaxLife Insurance
• JP Morgan Chase
• MasterCard
• Barclays
• Morgan Stanley
• HP

 

Salary of CMA USA

According to Payscale, the average annual salary of a USA CMA in India is ?7,92,000. A Chief Financial Officer enjoys an average annual salary of ?36,00,000, while a Cost Accountant earns ?6,10,419 annually, and an Accountant earns around ?3,00,000 per annum. A Financial Analyst earns an average annual salary of ?5,81,718, while a Financial Manager earns an average of ?10,88,626 annually. 

Conclusion

It may not be easy to clear the USA CMA certification exam in one attempt, but it is not impossible either! With the right amount of effort, dedication, and practice, you can ace the USA CMA exam and become a Certified Management Accountant. You can also enroll yourself at the best CMA USA coaching in Bihar - NorthStar Academy and pave your way towards success.

We at NorthStar Academy offer an all-inclusive CMA USA certification course to students and working professionals from different educational backgrounds. In association with Becker, we provide the most preferred study material for the USA CMA course, which the subject matter experts have carefully curated in accordance with the updated CMA USA exam syllabus. Candidates who enroll at NorthStar Academy benefit from being mentored by the best CMA in India, M Irfat sir, who has personally helped over 15000 candidates successfully pass the CMA USA exam. Get the most out of the best CMA Institute in Bihar with NSA!

You can now get Bundle discounts on IMA exam fees on enrolling with NorthStar Academy and many more exclusive benefits. You can also enroll in an online course at the best CMA USA coaching in Bihar and become a successful Certified Management Accountant.

For more information or in case of queries, please +918147470707.