US CMA Exam And Registration Fees ease your way into the global degree

Getting a CMA certification can lead to great job opportunities with higher pay. As per the reports, an individual who had completed the CMA USA certification earns 60% more than the individuals without it. The CMA exam may look expensive, but considering the benefits of this certification, it is certainly worth the investment.

We can separate the CMA exam fees into three categories, namely IMA membership program fees, CMA Entrance fees, and CMA registration fees. 

1. IMA Membership Fees

Before you can take part in the US CMA examination and get your certificate, you must become a member of the IMA (Institute of Management Accountants), an internationally recognized professional organization of Accountants.

IMA is the organization responsible for awarding the CMA certification to all deserving candidates. The organization has made it mandatory for all CMA applicants to have a membership in their organization.

The IMA membership requires you to pay an annual fee, ranging from $39 to $245. You need to pay these annual fees both while you are pursuing the CMA certification and also after getting the certification. If you do not pay the IMA membership fees, your certification will expire.

In the CMA certification, the cost of everything (including the CMA registration fees) changes according to the professional status of the applicant. Similar is the case with the price of IMA membership charges.

2. CMA Entrance Fees or CMA Registration Fees

After you get the membership in the IMA, now the time is to pay for the CMA entrance exams and finally get there. After paying for the CMA entrance, you will officially start pursuing the CMA examination. It is a one-time cost that you will have to bear at the start of your CMA journey.

Again, depending on your professional status, the CMA registration fees for the CMA entrance exam vary a lot. 

There are extra fees for the CMA examination itself. Once you are confident in your skills and believe that you can clear the examination, you need to appear in the examination. You need to pay this fee to sit in the upcoming CMA examination. 

The CMA examination has 2 parts in it and you need to pay for each examination separately. Hence, you will have to pay the CMA examination fees twice. Each fee will let you sit in the examinations for only one time. This is why it becomes monetarily important to clear the examination in the first attempt.

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Student Category: UG or PG (Regular, Online, Distance Basis) 

Professional Category: (Passed college or working professionals)

However, you get Bundle Discounts when you register with NorthStar Academy! 
IMAs Official Training Partner: Know more about the BUNDLE DISCOUNTS today!

As mentioned earlier, CMA USA has three stages of fees where the candidates have to pay a certain sum of money. These three stages are - IMA Membership fees, CMA Entrance fees, and exam fees. The fees also change with the professional status of the applicant. 

Let's understand the fee difference for various professional statuses and stages of the CMA USA-

Note: The fees are much less with NorthStar Academy! 

Hence, the total fee required to be paid by a professional in the field is the highest at USD 1460. While the academics and students get a little discount on the membership fees, entrance fees, and exam entrance fees. Thus, the total fees required to be paid by students is 1035. Complete CMA USA online in a year and crack CMA with NorthStar, the best CMA exam academy, as we help you every step of the way of your CMA exam journey.

The Institute of Cost & Management Accountants of India (ICMAI) is an institute that designed and launched an Indian version of the CMA certification for applicants living especially in India.

The certification is launched to promote and regulate the professions of Cost and Management Accountancy in the country of India. The CMA India cost is quite low compared to its USA counterpart, while it still provides the holder with many great work opportunities to work in India. But you can not have much scope with CMA Certification in the United States and other foreign nations.

The CMA fees can be divided into three sections: the CMA Foundation Exam, the CMA Intermediate course, and the CMA Final course.

CMA Foundation Registration fees: INR 6,000/-

Paying the CMA foundation registration fees is where you will start your journey in CMA, India. Registration for the CMA foundation exam 2027 remains open for the whole year. Applicants just need to pay the CMA registration fees and they will be eligible to sit in the CMA foundation exams.

The required fee for the CMA India is around 6000/- INR and the fees for the CMA India do not vary with the professional status of the candidate as they do in the CMA USA examination.

CMA Intermediate exam fees: INR 23,100/-

After you have passed the CMA foundation examination, you have to prepare for the intermediate examination. The CMA registration fee for the intermediate examination is around 23,100 rupees only. The candidates have to pay these fees to sit in the examination.

The intermediate examination is the second stage of the CMA India certification and is much tougher than the CMA foundation exam. Hence, it is recommended to consider joining the best CMA course like that of NorthStar Academy.

CMA Final examination: INR 25,000/-

Now comes the final examination of the CMA India certificate. The exam is considered one of the toughest of all; hence, the candidates need to put in a lot of effort to clear the examination. You can only take the CMA final examination if you have first cleared the foundation and intermediate examinations.

The CMA registration fee for the final examination is 25,000 rupees. The candidate needs to pay this fee to take the CMA final examination.

After you have cleared this level of the CMA India. You will be granted the CMA India certification and you will become a professional cost and management accountant. I hope you get a well-paying job with this certification.   

How to Pass the CMA USA Exam in your First Attempt?

If you are planning to do CMA USA, enrolling in CMA coaching is the ultimate CMA exam roadmap. To complete the CMA USA course, one must be 12th grade or hold a bachelor's degree from an accredited college and hold 2 years of professional working experience. 

To pass the CMA exam one must go through rigorous preparation for about 6-9 months and have an end-to-end understanding of the CMA USA Subjects.

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The CMA certification obtained in India is a prestigious credential in the field of managerial accountancy. If you want to work in India only, then the CMA India will be the best option for you and if you want to work abroad as an accountant, you will require the CMA USA certification. The CMA US certification costs you around USD 849 to USD 1,325 (INR 66000 to INR 1 lakh). While the CMA India costs somewhat less.  The first step of the CMA US certification is to buy the membership of the IMA, while for CMA India the first step is to pay the CMA foundation registration fees. There are also some hidden charges you might have to pay for getting any of these two certifications. It is also recommended that the candidates should buy some study materials to clear the CMA examination and the cost of study materials also adds up to the cost of certification. The examination center can be far away from your location (sometimes, the exam centers can be in a different country) so you need to travel to that particular location, which will further add up to the cost of this certification. Passing the CMA examination is no easy nut to crack. You need to have an intensive knowledge of the subject. The CMA USA course by NorthStar Academy can help you crack this examination easily. Our top mentors like M Irfat Sir at NSA will guide you through the path of acquiring the CMA certification. Connect with us and we will provide you with the best solution possible for your CMA journey. We also offer free demo classes for the students to experience the classes first and then make the choice to join the CMA US training. So, do consider booking a free demo class with NorthStar Academy and grasp the significance of these courses for your career.