US CMA Course after 12th: How Can I Become a US CMA after 12th?

US CMA Course after 12th: How Can I Become a US CMA after 12th?

To become a US Certified Management Accountant, you must successfully pass the CMA exam and obtain the necessary professional certification. Achieving professional certification as a US Certified Management Accountant requires diligent preparation and passing the CMA exam. To pass the CMA exam and earn the US Certified Management Accountant designation, candidates must demonstrate their expertise in management accounting.

Key Takeaways

  • CMA USA Professional Certification

  • the details of the US CMA Course after 12th grade

  • the Benefits of pursuing US CMA after the 12th

US CMA Certification after 12th

Can I do a US CMA course after the 12th? This is a question that arises time and again in the minds of students who wish to have a career in financial accounting or management accounting. Well, to answer this question, one needs to know all about the CMA course. 

CMA USA is one of the best courses that can help one get a post in management accounting. Yes, CMA USA exams can be taken after the 12th. However, there is no hard-and-fast rule that CMA can be done only after the 12th! It can be done after graduation or a master's as well. A student pursuing a bachelor's degree can do CMA side-by-side as well. 

But why must one do a CMA course? We know that the CMA course can be done after the 12th, but what makes this course so popular is that every student wishes to become a CMA. If you stick to this article up to the end, this article answers all such questions for you. 

Well, CMA USA is generally a two-year course but with the right institution, one can complete the certification early. NorthStar Academy is one such institution, wherein the CMA course duration after 12th is for 6-9 months. 

Anyone can do this CMA course after the 12th, bachelor's, or master's degree. People working in a company can also gain this certification to enhance their technical and analytical skills. So, before discussing anything else, let us get straight into why one must do this course, what the CMA course is all about, and other CMA course details after the 12th

What is CMA USA Professional Certification?

CMA USA stands for Certified Management Accountant. The CMA course is one of the best certification courses for people who wish to work in the financial and management accounting sectors. A CMA course is a great choice for such students. The CMA course after 12th has become very popular in recent times as it helps one gain technical and analytical skills. 

Let us look at some more CMA course details after the 12th. 

The Institute of Management Accountants is the administrative body of the CMA USA course. As far as the exam is concerned, the CMA exam is considered to be challenging. Before 2010, the exam happened in four parts, wherein the student's capabilities were checked based on Business analysis, strategic management, decision-making, and accounting & reporting.

If you are also looking to pursue a career in financial accounting or management accounting, then taking up the CMA course after the 12th grade at Northstar Academy is a great option. But before opting for the CMA course after the 12th, it is important to know all the CMA course details after the 12th. 

What are the details of US CMA Course after 12th grade?

In the above section, you have seen CMA course details after 12th. A student applying for the CMA course after the 12th grade must be well prepared for the exam. The CMA USA course syllabus primarily focuses on Financial analysis statements, Working capital policies, financial reporting, etc. The CMA USA certification course from a reputable institute like NorthStar Academy (NSA) helps the students have a deep insight into planning, monitoring, and managing the cost of the products and services of the company.

The US CMA course contains highly organized schedules for studying the most preferred and highly in-depth study materials of Gleim. As the CMA USA exam contains 12 subjects to study, the NorthStar Academy, in association with Gleim, provides highly organized 12-sectioned books for each subject.

The CMA USA certification exam has 2 parts that test the students in different aspects of the financial management field. The course contains real-time projects to help you gain the knowledge to excel at the CMA USA exam while making you an industry-ready professional. All of these diverse course is efficiently delivered by top mentors of NSA.

Here is the syllabus of the US CMA exam, which is presented with the percentage weightage.

Part 1: Financial Planning, Performance, and Analytics

  • 15% - External Financial Reporting Decisions
  • 20% - Planning, Budgeting, and Forecasting
  • 20% - Performance Management
  • 15% - Cost Management
  • 15% - Internal Controls
  • 15% - Technology and Analytics

Part 2: Strategic Financial Management

  • 20% - Financial Statement Analysis
  • 20% - Corporate Finance
  • 25% - Decision Analysis
  • 10% - Risk Management
  • 10% - Investment Decision
  • 15% - Professional Ethics

Nowadays, there is high competition among people for analytical and technical jobs. Doing a CMA course after the 12th will help one gain insights into how the costing and pricing of goods and services take place. 

Now, you must be wondering what the need for CMA USA certification is. Well, one can't tell about the need, but there are immense benefits for people pursuing the CMA course after the 12th. Here are the reasons for the same: Have a look! 

What are the Benefits to pursue US CMA after 12th?

Doing the CMA course after 12th grade is of great help. CMA USA is a professional credential that happens to give a lot of benefits to the students pursuing it. Here they are!

Business Approval

CMA USA is one of the best professional courses in the field of financial accounting and management accounting. While doing a CMA course after 12th commerce, the students will have a cumulative understanding of accounting, financing, and business. They will also learn all about business aspects, concepts of accounting, and corporate governance. This will help the students in the future. 

A Wide Array of Career Opportunities in India

CMA USA certification brings in multiple career opportunities for the students. CMA candidates get better internships and job offers after becoming Certified Management Accountants. 

Apart from job opportunities, the course also stimulates career growth and helps students in reaching new heights in the corporate world. With a deep knowledge of Finance, Accounting, and Business, an individual can be put into any position for work. In simpler terms, the individual becomes flexible in managing the work of different departments. 

Financial Growth 

A person holding a CMA certification earns 67% - 70% more as compared to people not having the certification course. Doing a CMA course after 12th and graduation boosts your career and stimulates financial growth. Becoming a Certified Management Accountant makes one eligible for a good pay grade. 

The average annual salary of a US CMA in India ranges from Rs. 4 lakhs to Rs. 8 Lakhs. Thus, students pursuing a CMA course after 12th have a higher chance of getting recruited by big companies and having a good pay scale rather than those who just have passed 12th or have a graduation degree. 

Global Opportunities

CMA USA is a globally recognized course. CMA course after 12th commerce will not just provide job opportunities in India but across the globe as well. The globally recognized certification also makes an individual globally accredited. If one wishes to work abroad and earn more, then CMA is a great career choice. 

Short Time Frame 

With Northstar Academy, the students can be assured that the three-year CMA course will be completed within 6-9 months. This is one of the biggest advantages of doing a CMA USA course after 12th or graduation. One can also do the CMA course after 12th commerce. Such institutes (Northstar Academy) help in completing the certification on time, thereby stimulating career growth and many job opportunities. 

The CMA course after the 12th has a great career scope. Many students around the world are taking up this certification course as an extra addition to their resumes to get better job opportunities. Northstar Academy and Irfat Sir classes also provide you with the CMA USA certification within 6-9 months. 

Now, if we talk about the eligibility criteria for the CMA USA exam, here is how it goes:

  • In India, a student can apply for the CMA course after the 12th. There is no need for a graduation degree. However, this may vary in other cases. For instance, apart from India, students need to have a graduate degree from a recognized university or college.
  • The students need to have two years of work experience in financial accounting and management accounting. Working in either of the disciplines will also be considered by the Institute of Management Accountants after the CMA course after 12th commerce. 
  • It is best when students have an IMA scholarship. 
  • IMA's Statement of Ethical Professional Practice must also be complied with.  

Once you know you are eligible for the CMA course after the 12th, it is best to know the exam syllabus. So, let us have a look at the exam syllabus for CMA USA. 

As we know the exam is divided into two parts. One part tests the Financial Planning and analytics skills of the candidate while Part 2 tests Strategic management. 

The CMA USA exam is extremely rigorous. Thus, proper time management and hard work will help the students get through. The CMA USA exam has two Parts that are four hours each, wherein 100 questions are posed to the students as MCQs and 2 questions as essay ones (Descriptive).

The minimum mark required for both parts is 360 out of 500 (where MCQs carry 375 marks and Essay questions carry 125 marks for each Exam part). Over the years, the pass rate for the exam has been 40% for Part 1 and 60% for Part 2.

Doing a CMA course after the 12th yields a lot of benefits. But if a student does the course along with graduation and a master�s degree, the benefits will be enhanced. Let us now look in detail at the career opportunities after the CMA certification course. 

What are the career opportunities after doing CMA USA?

CMA USA is a globally recognized credential that provides numerous career opportunities to individuals. Financial growth and career growth also stabilize once a student does a CMA certification course. Have a look at the job profiles and starting pay grades for an individual doing a CMA course after the 12th. 

S.NO.Job ProfileAverage Salary
1Management TraineeRs. 7,00,000/-
2Financial AnalystRs. 5,00,000/-
3Cost AccountantRs. 5,00,000/- to Rs. 6,00,000/-
4Internal AuditorRs. 3,00,000/- to Rs. 8,00,000/-
5Finance ControllerRs. 19,00,000/-
6Budget AnalystRs. 12,00,000/-
7TreasurerRs. 8,90,000/-
8Finance ManagerRs,14,00,000/-
9Senior AnalystRs.7,50,000/-

 

Do you wish to know which companies hire US CMA certification holders with such a good pay grade? Well, here they are:

  • Deloitte 
  • KPMG
  • EY
  • Genpact
  • Accenture
  • Knowcraft Analytics
  • Maxlife Insurance
  • Cognizant 
  • JO Morgan Chase
  • HP
  • Barclays
  • InterTrust
  • MasterCard
  • Morgan Stanley 

So, these are the top companies that hire CMA credential holders. And also, the salary increases with time after gaining the required experience. Now, let us look at the exam fee for the CMA USA course.

CMA USA Course Fee Structure: Student Category - UG or PG (Regular, Online, Distance Basis)

ParticularsJuly 2022IMA Fees ($)
Membership Registration fee (Valid for 3 years)135
IMA Entrance fee (Valid for 3 years)210
Part 1 Exam fee345
Part 2 Exam fee345
Total CMA USA Student Category Fees1035

Professional Category - (Passed college or working professionals)
 
ParticularsJuly 1st, 2022 onwards IMA Fees ($)
IMA Membership Registration fee (Valid for 1 year)260
IMA Entrance fee (Valid for 3 years)280
Processing Fee15
Part 1 Exam fee460
Part 2 Exam fee460
Total CMA USA Professional Category Fees1475

 

Best Books to prepare for the US CMA Exams after 12th Commerce

Here are the best books that will help students prepare for the exam easily. Make sure you buy an updated version of the books. 

  1. Certified Management Accountants US  Go Lite Edition by M Irfat 
  2. CMA Review: Gleim 
  3. Strategic Financial Management 
  4. CMA: Financial Planning, Control, and performance exam secrets: CMA test review for CMA Exam

Conclusion

So, this is all the information that one requires to prepare for the CMA exam. Yes, the CMA course can be done after the 12th. But before doing the course, it is important to know the details about the course. This article offers all the key points regarding the CMA course after the 12th grade in India. Doing a CMA course after 12th grade will reap many benefits in the future for the candidates.

So, what are you waiting for? Apply to the Northstar Academy (NSA)CMA certification course and get ready for a career boost and numerous job opportunities. NSA provides you with the best career tutors, study materials, comprehensive and relevant tests, etc. We, at NSA, also provide bundle discounts on the courses you enroll in. To learn more, contact us.

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