Frequently Asked Questions on US CMA Sections Covered What is the exam pattern for CMA USA? What is the structure of the US CMA exam? How do I register for CMA USA? Can I complete the US CMA syllabus in one month? Is it worth taking CMA US in 2024? How long is the US CMA course? When will we get a certificate after completing the CMA USA course? Can I pursue CMA USA certification and Indian CMA together? What is the CMA US exam? How can I pass the CMA USA exam on the first attempt? How is the US-CMA course details? Can I go to the USA after completing my CMA course? Can I do a US CMA after the 12th? Is there any limitation to taking the CMA exam? What are the US CMA eligibility criteria in India? Can I do a CMA after a BCom? Is there any offer for exams? Can a non-commerce student apply for the CMA US exam and pass both parts? I am 23 years old. Should I pursue a US CMA? Can I take the US CMA without experience? What is the role of the IMA in the US CMA course? Can an average student pursue the CMA in the in the US? How good is the US CMA course? What if I can't clear the CMA USA within 3 years? Does CMA have theory or practical subjects? Is CMA USA better than MBA Finance? Is it beneficial to do a US CMA while pursuing an articleship? Which bachelor's degree is preferable for the US CMA? What are the scopes of US CMA if carried with graduation? Who should go for the US CMA course, and who should not? How do I pass the CMA exam while working full-time? Which is the best course to pursue alongside the US CMA online course? Can I do CS and CMA simultaneously? Is CMA tough? What are the disadvantages of the US CMA designation? Are there any? Have there been any exam changes for the US CMA Exam 2024? When will the US CMA aspirants need to study the new syllabus? Conclusion Schedule a call Do you wish to rule in the accounting space as a professional? The US CMA is an advanced professional certification exam that you can pursue and push forward in your career to be a strategic thinker and global business leader, acting as the backbone for decision-making in an organization that you join. The finance and accounting world highly values US Certified Management Accountant professionals. The credential you want to pursue CMA USA is you have to have an IMA membership, complete both Part 1 and Part 2. Key Takeaways CMA USA FAQ What is the exam pattern for CMA USA? The US CMA exam pattern will require you to answer multiple-choice questions as well as essay-type questions. There are two parts to the exam. You will have four hours to complete each exam. You will get:100 MCQs and 2 essay questions.You can devote 3 hours to finishing the MCQs, and you can keep one hour to complete the Essay type questions. What is the structure of the US CMA exam? It is a two-part exam that you need to appear for and clear successfully. How do I register for CMA USA? First, you have to visit the CMA website and enroll.Next, you must pay the CMA registration fee, which is the fee for membership in IMA, the institute that offers the CMA course.Once you register for your first CMA USA exam, you have to choose your exam date. Can I complete the US CMA syllabus in one month? No, practically, you cannot! Even if you have earned other certifications and feel one month of prep time is enough to complete them, you can only do it on the surface level. Is it worth taking CMA US in 2024? Absolutely! When you take the CMA USA exam and get the certification upon successful course completion, you can explore various important job roles, such as:Management AccountantCost Accountant Financial AnalystChief Financial OfficerFinance ManagerFinancial ControllerCorporate ControllerAuditorToday, many Indian multinational companies are increasingly looking for US CMA certification holders. The global demand for US CMAs is at its peak. How long is the US CMA course? To pass the US CMA exams quickly, you need to spend at least 18 to 24 months. Some dedicated candidates can accelerate their progress and complete the exams in less than 1.5 years. It completely depends on your approach, your zeal, and the type of course you choose. When will we get a certificate after completing the CMA USA course? Please go to the official website for updated information. You can check the ‘My Certification’ section on the IMA website from your profile to check the certification status. Can I pursue CMA USA certification and Indian CMA together? You don’t need to pursue US CMA if you have already passed CMA India. As per the collaboration between ICMAI and IMA, if you are already a certified Indian CMA, you can readily apply for CMA US membership. You need to find the right information to fulfill CPE hours and other fees. What is the CMA US exam? You can take the US CMA exam to ace the field of accounting and management proficiently. After clearing this exam, you can grab enviable job roles in top corporations. How can I pass the CMA USA exam on the first attempt? You should do the following:Focus on thorough preparationUnderstand the exam formatStudy the syllabus diligentlyPractice with mock examsSeek guidance from industry experts and mentorsChoose a premier online training institute like NorthStar Academy for coaching assistance. How is the US-CMA course details? It is a sought-after course in management accounting and finance, and you can gain exposure across 170+ countries. So, imagine how big it can get in terms of offering the right push to your career! Can I go to the USA after completing my CMA course? Yes. Once you complete the course, you can go to the USA for a job. Over 100 different countries across the world accept the CMA certification, such as:USUKIndiaCanadaGermanyUAEEuropeChinaand the list goes on Can I do a US CMA after the 12th? You can. However, it is preferable that you go for a bachelor’s degree and then apply for a US CMA. Is there any limitation to taking the CMA exam? There is no limitation as such. You can appear for the exams until you succeed. What are the US CMA eligibility criteria in India? To sit for the US CMA exams in India, you need to:Pass your 10 + 2 examsHave a Bachelor’s degree from some accredited institution in any disciplineSubmit all your academic documents in English Show your professional work experience Can I do a CMA after a BCom? Is there any offer for exams? Yes, you can. Since the US CMA exam has two parts, you cannot get any paper exemption if you have been looking for one. Can a non-commerce student apply for the CMA US exam and pass both parts? Yes. You can appear for the US CMA regardless of your background, whether in science, commerce, or the arts. I am 23 years old. Should I pursue a US CMA? You need a bachelor’s degree. Your eligibility depends on your qualifications and the work experience you have acquired over the past the past 23 years. You should check the eligibility criteria and decide accordingly. Can I take the US CMA without experience? Experience is mandatory. You need to have two years of continuous experience working as a full-time professional in financial management or management accounting. You can also satisfy this criterion if you have had continuous working experience for 4 years as a part-timer. What is the role of the IMA in the US CMA course? IMA, or Institute of Management Accountants, offers and governs the US CMA course. It is a global association for financial professionals. It takes the initiative and necessary steps to promote education and development in Finance and Management Accounting. It also focuses on best business practices and maintaining ethics and integrity in business. Can an average student pursue the CMA in the in the US? Yes, but it can be fairly challenging for an average student. He or she needs to prepare thoroughly and study very diligently. The average pass percentage rate for the exam is quite low. How good is the US CMA course? US CMA is undoubtedly the ideal course for you if you want to be a strategic business global leader. With its focus on management accounting, it is highly acknowledged by employers in India and abroad for enviable job roles that come with lucrative pay packages. What if I can't clear the CMA USA within 3 years? You must have tried your best and toiled hard for 3 years to crack both parts of the US CMA exam. However, if luck is not on your side, don’t be disappointed, as there will be fruits of hard labor. You can re-register with IMA again. Does CMA have theory or practical subjects? The CMA program has the perfect combination of theoretical as well as practical subjects. The US CMA curriculum is comprehensive. It is designed to provide you with an in-depth idea about:Strategic Decision-MakingFinancial PlanningRisk ManagementAsset Planning Wealth Management & Many More Core Finance Concepts Is CMA USA better than MBA Finance? While both are finance courses, there are differences. You can become a pro in management accounting with CMA USA. However, an MBA in Finance lets you learn about core finance topics while focusing on business management as well. Which course is better for you will entirely depend on how you have set your professional goals, career aspirations, caliber, preference, and much more. Is it beneficial to do a US CMA while pursuing an articleship? You can gather knowledge and upgrade your skills in Management Accounting. Practical work experience always helps to add an edge to your credibility and develop a strong foundation for a successful career in the industry. Which bachelor's degree is preferable for the US CMA? Students commonly opt for bachelor's degree programs in:AccountingFinanceCommerceBusiness Administration &The like What are the scopes of US CMA if carried with graduation? You can find various job opportunities, such as:Financial AnalystManagement AssociateManagement Traineeand the like. You can also bag executive-level positions in organizations that hire CMA USA professionals. It is easy to get higher salaries and better employment prospects as you have the certificate to show that you are an expert in financial management and management accounting. Who should go for the US CMA course, and who should not? The course is perfect for professionals who want to excel in management accounting and financial management roles. You can find the course very useful if you have an interest in:Cost ManagementFinancial AnalysisFinancial planning, andDecision-Making How do I pass the CMA exam while working full-time? Following these tips can be useful for you:You need to balance your studies and work effectively. Make a proper study schedule.Get support from study groups or peers.Use proper study materials and resources. Practice with mock exams as much as you can.Study in a focused way during the evenings and the weekends.An online training institute like NorthStar Academy offers world-class course materials from learning partners and custom content designed to help students grasp difficult topics easily. Which is the best course to pursue alongside the US CMA online course? You can pursue the CFA program. The US CPA course is also worthwhile. You can find fantastic job opportunities after you complete these courses alongside the US CMA. Can I do CS and CMA simultaneously? Yes, you can pursue CS and CMA courses simultaneously. If you are interested in corporate governance and legal matters, you can take CS with CMA. Is CMA tough? The US CMA Exam is one of the toughest exams. With full dedication and effort, you can pass the exam. Seek the assistance of an online coaching institute like NorthStar Academy to double your chances of success. What are the disadvantages of the US CMA designation? Are there any? Passing the exam and maintaining CMA membership can be quite challenging. However, qualified guidance can be useful. Have there been any exam changes for the US CMA Exam 2024? Yes, there have been new topic additions to the existing ones, and these are:US CMA Part 1Consolidated StatementsContribution MarginOther Costing SystemsTesting Methods for Internal ControlsControl Deficiency RemediationData ManagementThe candidates have one exam window (May or June) left in 2024 to take the exam according to the current syllabus. US CMA Part 2Financial Trend AnalysisDebt FinancingDiscount RatesSensitivity Analysis Types of Business Frauds Data Ethics When will the US CMA aspirants need to study the new syllabus? The candidates have one exam window (May or June) left in 2024 to take the exam according to the current syllabus. Conclusion You must understand that the US CMA is a tough exam that you need to crack, and professional guidance from a top-rated online training institute like NorthStar Academy is what you need. You get the benefits of pocket classrooms and can stay relevant with updated study materials offered by official learning partners. The online learning environment flexibly urges you to grasp topics, and small, live classes make your learning process richer. If you have any doubts, please reach out to us via WhatsApp. The top-tier faculty offers their best helping hand to aspiring finance professionals. We cover every angle, including career assistance, interview support, and more, to help you shine in the professional world. So, what are you waiting for? Talk to the experts at NorthStar Academy and enroll in your dream course.
