Certified Management Accountant, or CMA USA, is offered by the IMA (Institute of Management Accountants) of the USA and is one of the management courses well-respected by the association of accountants and financial professionals. CMA USA is a highly valued credential in managerial accounting and financial management.
Earning the US CMA certification helps individuals master the core practice areas within the management accounting competency framework, which includes financial planning, performance evaluation, decision analysis, analytics, risk management, professional ethics, and more.
In the world of corporate accounting, US CMA is a well-respected designation. It is considered the gold standard of managerial accounting and financial management.
Students who want the certification must know that this is well-recognized all around the globe, including in Middle Eastern countries like the UAE. Students and Professionals can get a job virtually anywhere worldwide after completing the CMA USA certification course.
There is a massive influx of foreign companies in UAE and Ajman, actively looking for CMA-certified accounting professionals. The average salary for the CMA USA-certified professional is also relatively high compared to their non-certified counterparts. Due to all this, the demand for the CMA USA course in Ajman has skyrocketed.
Details of CMA USA Course in Ajman
The course of CMA USA is highly comprehensive and well-known in the USA and other countries as well. It provides the candidates with a robust understanding of core practices in their relevant industry, the ability to work with multiple stakeholders, and enhanced knowledge of financial and accounting concepts, increasing the chances of getting placed in popular MNCs. Students interested in learning the CMA USA course in Ajman via the approved learning partners for IMA.
CMA is considered the pinnacle of all certifications offered in the field of accounting and finance. It is the benchmark for the top Managerial accountants. Obtaining such a qualification is anything but easy.
The candidates have to clear a computer-based exam after the CMA training to become certified- in the USA. The CMA USA course consists of 2 parts: Part one is designed to cover topics in finance and is divided into Financial Planning, Performance, and Analytics, while the second part is based on Strategic Financial Management.
Both parts contain 100 MCQ and 2 Essay Questions. The candidates must score at least 360 marks out of 500 in each exam to crack these examinations. Keep in mind that candidates will be given 4 hours to complete each exam and administered by Prometric. You can take both these exams between the testing windows of Jan-Feb, May-June, and Sep-Oct.
Both sections are considered challenging to pass among all the certification exams in the field of Managerial Accounting. However, the second part of CMA USA is considered somewhat easier than the first part.
Before you go for the CMA USA course in Ajman, let us discuss the fee details.
US CMA Course Fees Details in UAE
The fees for the CMA exams and the CMA course are different. Let's start by knowing the official exam fees for the CMA USA certification, which IMA will charge.
The CMA USA exam fees can be categorized into three parts, which include the Membership fees for the IMA, CMA IMA entrance fees, and the CMA examination fees.
IMA Membership Fees
You have to become a member of the IMA to be eligible to apply for the CMA USA certification. However, anyone can become a member of the IMA by paying a membership fee.
For the first time, the applicants must pay $135 to get a membership of the IMA, while the working professionals will be required to pay $260 to get it. After the first purchase, the membership will remain active for the next three years, after which you may have to pay a membership fee annually to continue your certification.