CMA USA Course Details Eligibility Fees - Emerging Qualification in 2022 Sections Covered CMA USA Course CMA USA Eligibility CMA USA exam dates 2024 CMA USA Course Duration Advantages Of the CMA USA Course CMA USA exam fees in India Passing Percentage of US CMA Conclusion Schedule a call The Institute of Management Accountants (IMA) in the United States awards the Certified Management Accountant (CMA), also known as the CMA USA course in India, as the highest level of management accounting certification. The IMA offers the US CMA course or certification, which is a global association of accountants and financial specialists in business. It was created in the year of 1919 and has more than 90,000 members across the world with a global reach in over 140 countries through 300 professional and student chapters. Key Takeaways CMA USA Course CMA USA exam dates 2024 CMA US Exam Format CMA USA Course For management accountants and financial professionals, the CMA (Certified Management Accountant) credential has long been the gold standard. Within 69 months, you can obtain a professional certification.The IMA awards the CMA Certification. The following are some of the important points you should know about the US CMA course:Exam schedulesExam formatExam structureDuration of the courseIndian Rupees Course FeesEligibilityAcceptance rateCurriculumExam registration and the CMA course are two of the most important features of CMA USA. CMA USA Eligibility US CMA Exam Eligibility: You are eligible to appear for the exam after successfully passing the Class 12 exam. This is the most important part of the CMA Journey since, after passing the exam, you can apply for jobs even if your certification has been pending.IMA Membership Eligibility: After passing the CMA Exam, you can apply for IMA certification and membership. Remember, you have 7 years from the date of passing the exam to apply for IMA certification and membership.To apply for IMA certification and membership, you must haveA bachelor's degree or comparable professional certification from an approved college or universityI have acquired 2 years of relevant work experienceTo be eligible for CMA, you must meet the following requirements:Pay the IMA fees through NSA. Remember, you can also pay the fees directly, but paying through NSA, an approved learning partner, would save you a lot of money.Pay the CMA Entrance Fee. Here again, you can pay directly to IMA, or through NSA since it would again help you save a good sum of money in both parts of the exam.Book the exam with Prometric. You can check out your center and schedule availability Complete all assessment sections that are required (Clear parts 1 and 2)Acceptance of the IMAs Statement of Ethical Professional Practice.Join NorthStar Academy for the US CMA Course.Congratulations, You are a CMA now. CMA USA exam dates 2024 The CMA exam test has been revamped and is now administered at Prometric Centers around the world. You must schedule your assessments for one of the available testing windows that best meets your needs. You are also advised to book your testing slot ahead of time to ensure that you get your desired testing window (dates and schedule) for testing.Exam Pattern for the CMA USAThe CMA test has two parts, and you don't have to take them in any specific sequence. This means that, depending on your preferences, you can register for any of the two parts first. The CMA test comprises 100 multiple-choice questions (MCQs) and two essay-type questions in each part.The MCQs account for 75% of your overall score on the CMA exam, while essay questions account for 25%. The exam can be scheduled on any day of your choice during the three exam windows namely, Jan, May-June, and September.CMA Exam Dates Testing WindowJan-Feb: January 1 to February 28;May-Jun: May 1 to June 30;Sep-Oct: September 1 to October 31.CMA US Exam FormatThe two parts of the US CMA Exam are both four hours long and include the following:Type of question: Question type DurationNumber of questionsTime per question Multiple Choice3 hours1001.8 minutes essayEssay type1 hour230 minutes CMA USA Course Duration At NorthStar Academy, the CMA USA course takes six months for both parts to complete. In our comprehensive mode of teaching, we take one part at a time with one monthly break in between to allow the students to appear for the exam. On average, the CMA USA course at NSA takes between 6 and 9 months to pass, which is a significantly shorter time than most other professional certifications and courses in finance and management accounting. Completion is determined by several elements, including the amount of time you have to study, how you plan your studies, and how well you know your fundamentals.CMA USA Fees in IndiaCMA USA course fees vary greatly in different parts of the world, typically ranging between 2 and 5 lakhs, which include the CMA training, entrance and membership fees, and both parts exam fees.However, NorthStar Academy provides the best training at a much lower cost. Not just that, we also provide IMA-approved books as part of the package itself. For more details, connect to our career counselors today.Global recognition: The US CMA is the most widely recognized management accounting qualification in the world.CMA USA course details: The course concentrates on the most recent updates, ethics, and financial statement analysis, as well as risk management, with a US GAAP flavor added in the segment to entice companies to hire people who have passed the US CMA Qualification. Unlike other management credentials, CMA USA only offers two tests. Advantages Of the CMA USA Course Academic advantage of a single-level degree with only two computer-based exams International qualification with high global average pass rates of 45% The academic benefit of a single-level certificate with only two computer-based examsshort-term program that can be finished in one to two yearsCMA professionals make 60% more than their colleagues without a professional certificate, according to a recent poll.The CMA USA course has only two parts and can be finished in 6 to 9 months. As a result, it's perfect for people looking to advance their careers quickly.CMA graduates are in high demand in public and corporate accounting, where they can work as analysts, planners, auditors, managers, and accountants.Many Big4s in India hire qualified CMAs (USA) for FP&A, Risk advisory profiles (CMA USA focuses on risk management), and Internal FP&A profiles in outsourcing organizations such as Capgemini, Accenture, Amazon, and others. You may also contact NorthStar Academy for additional information on the course, study materials, and placement aid.Currently, education institutions in Bangalore, Bangalore, and Mumbai offer CMA coaching. NorthStar Academy has one of the finest faculty teams for CMA USA today. Our teaching methodology has helped NSA maintain excellent results year after year. CMA USA fresher salaries in India start at 4 lakhs per annum. CMA USA exam fees in India Here is the fee structure at NorthStar Academy for the CMA USA exam in IndiaParticularsStudents Category ($)Professional Category ($)IMA Membership fee117245IMA Entrance fee (Validity for students: 3 years; for professionals: 1 year.)188250Part 1 Exam fee311415Part 2 Exam fee311415Total9271325 The cost listed above is solely the expense payable to IMA and does not include the cost of tutoring or study materials.Note: NSA offers a massive bundle discount, and you will never have to pay the fees mentioned above. For more details, contact our career counselors. Passing Percentage of US CMA The pass percentage for the US CMA Exam is 72 percent for each part, which means you must earn 360 out of 500 to pass the exam.Syllabus for the CMA USAThe CMA USA Syllabus is comprised of two parts:Part 1 of the CMA USA ExamPart 2 of the CMA USA ExamA candidate should be able to recognize the financial statements' requirements, as well as their primary components and categories, as well as their benefits and drawbacks, as well as their consequences.One can also show that they understand the needs of each of the assertions, as well as the relationship between them and how they were prepared.A candidate should be able to distinguish between financial and operating leases, recognize capital transactions, and understand the variations between GAAP and IFRS, among other things. This section is divided into two parts: budgeting and financial planning.A candidate must compute several items such as the cost of goods sold, the cost of goods manufactured, and other items in this section. There are also a few conceptual issues to consider. This section goes into greater detail than the one before it. Although the ideas are simple, some questions can be lengthy.The following are the sections in both parts of the CMA USA syllabus:Part 1WeightageExternal Financial Reporting Decisions15%Planning, Budgeting and Forecasting20%Performance Management20%Cost Management15%Internal Controls15%Technology and Analytics15% SectionsPart 1WeightagePart 2WeightageSection AExternal Financial Reporting Decisions15%Financial Statement Analysis20%Section BPlanning, Budgeting and Forecasting20%Corporate Finance20%Section CPerformance Management20%Decision Analysis25%Section DCost Management15%Risk Management10%Section EInternal Controls15%Investment Decisions10%Section FTechnology and Analytics15%Professional Ethics15% Conclusion The CMA USA Course is a globally recognized advanced-level accreditation for accountants and financial professionals. Management accountants are critical to a company's profitability, revenue forecasts, financial planning, and analysis.Ideally, the CMA USA qualification will lead you to the position of financial controller and, subsequently, to the post of Chief Financial Officer of the company. Avail all the benefits by joining NorthStar Academy today to get the best CMA USA training.
