Although there is no shortcut to success, a well-organized CMA USA course from reputed coaching in Mizoram will assist you in becoming a successful USA CMA professional. CMA USA will allow you to increase your success rate if you are determined enough to ace the CMA USA exam. First, go through the exam pattern, syllabus, and eligibility criteria for the CMA USA exam.
Exam Pattern
The USA CMA certification exam is a computer-based exam held in two parts, namely, Part-I and Part-II. The exam pattern is given as follows:
- The CMA USA exam duration for each part is 4 hours. 100 MCQs are given 3 hours, and the 2 Essay type questions are to be completed within 60 minutes.
- Both the exam parts of the CMA USA - "Financial Planning, Performance, and Analytics" and "Strategic Financial Management" consist of 100 Multiple Choice Questions (MCQs) and 2 Essay type questions (descriptive).
- Each exam consists of 500 marks, with MCQs having the weightage of 375 marks and Essay questions with 125 marks. In total both the parts, the CMA USA exam is 1000 marks.
- To pass both exams, the examinee must score a minimum of 360 in both parts. That is, candidates need to secure above 72%.
Syllabus of CMA USA Certification Exam
The CMA USA certification exam is in two parts, and the syllabus is divided accordingly. Let us look at the syllabus of the exam for a better understanding.
Part-1: Financial Planning, Performance, and Analytics
- Technology and Analytics (15%)
- Performance Management (20%)
- Internal Controls (15%)
- External Financial Reporting (15%)
- Budgeting, Planning, and Forecasting (20%)
- Cost Management (15%)
Part-2: Strategic Financial Management
- Corporate Finance (20%)
- Investment Decisions (10%)
- Decision Analysis (25%)
- Professional Ethics (15%)
- Financial Statement Analysis (20%)
- Risk Management (10%)
If you avail of CMA USA coaching in Mizoram, the course is typically completed over a period of 6-9 months. The exam is administered globally via the Prometric testing center. Aspirants living in India can take the exam from the exam centers in India. The exam is held in the months of January and February, May, June, September, and October.
Now that you know the syllabus let's talk about the eligibility requirements for taking the CMA USA certification exam.