CMA USA Course Exemptions and Eligibility Rules

CMA USA Course Exemptions and Eligibility Rules

 The CMA USA (Certified Management Accountant) is one of the most prestigious global finance certifications offered by the Institute of Management Accountants (IMA), USA. It equips professionals with advanced skills in management accounting, financial analysis, and decision-making.
Students from different educational backgrounds like B.Com, BBA, BBM, MBA, M.Com, and even Class 12 often ask if they are eligible for CMA USA and whether they can get any exemptions based on their qualifications. Let’s break this down country-wise to understand eligibility, exemptions, and job opportunities.

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CMA USA Exemptions & Eligibility – India

Eligibility & Exemption Table (India)

Qualification

CMA USA Eligibility

Exemption Availability

Remarks

12th (Commerce Stream)

Eligible to register for Part 1 after graduation

No

Can begin preparation during college

B.Com / BBA / BBM

Fully eligible

No

Standard eligibility; no paper exemption

MBA / M.Com

Eligible

No

Advantage in management & costing papers

CA / CS Qualified

Eligible

No (But conceptual advantage)

Strong foundation in accounting & law

CMA India (ICMAI)

Eligible

No (Content overlap)

Easier to clear due to similar syllabus

Note: IMA does not offer subject exemptions for CMA USA — but your prior qualification gives a conceptual advantage.

Career Scope After CMA USA (India)

Job Role

Average Salary (INR/year)

Top Recruiters

Financial Analyst

₹6–10 LPA

Genpact, Accenture, Capgemini

Cost Accountant

₹8–12 LPA

Deloitte, EY, PwC

FP&A Manager

₹10–15 LPA

Amazon, TCS, Infosys

Management Accountant

₹7–12 LPA

Wipro, Cognizant

Business Consultant

₹10–20 LPA

KPMG, IBM, Grant Thornton

CMA USA Exemptions & Eligibility – United States

Eligibility & Exemption Table (USA)

Qualification

Eligibility

Exemption

Remarks

High School (12th)

Not eligible

No

Must complete bachelor’s degree

Bachelor’s in Accounting / Finance

Fully eligible

No

Core background; easier to clear

MBA / Master’s in Finance

Eligible

No

Advantage in strategic management

CPA (USA)

Eligible

No

Conceptual overlap in reporting topics

IT / Engineering Degree

Eligible

No

Must strengthen accounting base

Career Scope After CMA USA (USA)

Job Role

Average Salary (USD/year)

Top Employers

Management Accountant

$75,000–$100,000

IBM, Johnson & Johnson

Senior Financial Analyst

$85,000–$120,000

Amazon, Microsoft

Finance Controller

$100,000–$140,000

Deloitte, EY

FP&A Manager

$90,000–$130,000

PwC, Tesla

CFO

$150,000–$250,000

Fortune 500 Companies

Read More 

CMA USA Exemptions & Eligibility – United Kingdom

Eligibility & Exemption Table (UK)

Qualification

Eligibility

Exemption

Remarks

A-Level / 12th Equivalent

Not eligible

No

Need bachelor's degree

B.Com / BBA / Finance Degrees

Eligible

No

Standard pathway to CMA USA

MBA / ACCA Qualified

Eligible

No

ACCA gives strong overlap

CIMA UK Students

Eligible

No

Similar management focus

Non-commerce Graduates

Eligible

No

Must complete accounting foundation first

Career Scope After CMA USA (UK)

Job Role

Average Salary (GBP/year)

Top Recruiters

Financial Controller

£55,000–£75,000

PwC, Deloitte, BDO

Business Analyst

£45,000–£60,000

HSBC, Barclays

Finance Manager

£50,000–£80,000

KPMG, EY

Management Consultant

£60,000–£90,000

Accenture, Grant Thornton

CFO

£100,000+

Multinational Firms

CMA USA Exemptions & Eligibility – Arab Countries (UAE, Saudi Arabia, Qatar)

Eligibility & Exemption Table (Arab Countries)

Qualification

Eligibility

Exemption

Remarks

12th Grade

Not eligible

No

Must complete bachelor’s degree

BBA / B.Com / Accounting

Eligible

No

Preferred for CMA USA

MBA / M.Com

Eligible

No

Strategic advantage in business finance

CMA (Middle East)

Eligible

No

Different body; not equivalent

Engineering / IT

Eligible

No

Need basic finance foundation


Career Scope After CMA USA (Arab Countries)

Job Role

Average Salary (AED/year)

Top Recruiters

Management Accountant

180,000–250,000 AED

Emirates, ADNOC

Financial Analyst

200,000–270,000 AED

Deloitte ME, PwC

Internal Auditor

220,000–300,000 AED

EY, KPMG

Finance Controller

250,000–350,000 AED

Etihad, PepsiCo

CFO

400,000+ AED

MNCs & Conglomerates

CMA USA Exemptions & Eligibility – Other Countries (Canada, Australia, Singapore)

Eligibility & Exemption Table (Other Countries)

Qualification

Eligibility

Exemption

Remarks

12th Equivalent

Not eligible

No

Minimum bachelor’s needed

Bachelor’s in Accounting

Eligible

No

Standard route

MBA / M.Com / CPA (Australia)

Eligible

No

Some topic overlap

Engineering / Science

Eligible

No

Must strengthen accounting knowledge




Career Scope After CMA USA (Other Countries)

Job Role

Average Salary (in Local Currency)

Top Recruiters

Finance Manager

$90,000 (Canada)

RBC, KPMG, EY

FP&A Analyst

$80,000 (Australia)

Deloitte, Telstra

Business Consultant

$85,000 (Singapore)

PwC, DBS Bank

Internal Auditor

$75,000 (Canada)

Scotiabank, Amazon

CFO

$150,000+

MNCs & Big 4

Read More 

Important Note on Exemptions

The Institute of Management Accountants (IMA) offers no direct paper exemptions to any degree holder, CA, ACCA, or MBA student globally. However, students with prior accounting knowledge find it easier to pass due to overlapping subjects in:

Why NorthStar Academy Is Best for CMA USA

NorthStar Academy (NSA) is India’s top-rated IMA-approved learning partner for CMA USA.
Here’s why students across 40+ countries prefer NSA:
Official IMA Learning Partner
Live + Recorded Classes
Mentorship from Expert Faculty (CA M. Irfat Sir)
Placement Assistance with Top MNCs & Big 4s
Highest Pass Rates in India

With NSA, students from India, UAE, UK, and USA can prepare globally for CMA USA with structured guidance and career support.

Conclusion

The CMA USA course is open to students from all countries, provided they hold a bachelor’s degree. While no exemptions are granted officially, the conceptual advantage of commerce and accounting backgrounds makes the course easier.
Once completed, CMA USA professionals enjoy global job opportunities in finance, FP&A, and management roles across India, USA, UK, and the Middle East.
Still confused about which finance course is right for you? Join our exclusive webinar where industry experts will personally guide you through CMA USA, CPA, ACCA, and EA helping you make the smartest career choice. Have questions? Call or WhatsApp us directly at 8147470505 we’re here to help!

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Frequently Asked Questions

  • Who is eligible to apply for the CMA USA course?

     Anyone who has completed a bachelor’s degree (in any stream) from an accredited university is eligible to apply for CMA USA. However, students can start preparing right after Class 12 and appear for the exam once they finish their graduation.

  • Are there any exemptions in CMA USA for CA, CS, or MBA students?

     No, the Institute of Management Accountants (IMA) does not offer any subject exemptions for CA, CS, MBA, or any other qualification. But, these students have a conceptual advantage since their background aligns with CMA subjects like accounting, costing, and finance.

  • Can non-commerce students pursue CMA USA?

     Yes, engineering, science, or IT graduates can also pursue CMA USA. They will need to strengthen their basics in accounting and financial management, which is easily covered in the foundation modules at institutes like NorthStar Academy.

  • Is CMA USA valid and recognized in India?

    Absolutely! CMA USA is globally recognized, and in India, it is accepted by top employers including Big 4 firms (Deloitte, PwC, KPMG, EY) and MNCs such as Amazon, Accenture, and TCS. Many CMA USA professionals also work in finance, audit, and management roles across Indian corporates.

  • Which institute is best for pursuing CMA USA in India?

    NorthStar Academy (NSA) is one of the best CMA USA institutes in India, being an IMA-approved partner. It offers Becker study materials, expert mentorship from CA M. Irfat Sir, and placement assistance with top MNCs and Big 4 firms.