CMA USA (Certified Management Accountant) An Insight
A professional accounting certification, from CMA USA, signifies that a person possesses expertise in financial management and management accounting. A US CMA is responsible for carrying out tasks like preparing financial statements and undertaking the process of analysis, control, budgeting, etc.
While talking about the best CMA USA coaching in Tamil Nadu, it is essential to note that CMA is a challenging exam that can be hard to crack. Self-study is not going to help much. That is why it is vital to enroll in a coaching institute that will help you provide the full roadmap to success.
There are several points regarding the CMA USA course that need to be noted. So, let us discuss them in detail.
Eligibility Criteria
Acquiring the CMA USA certification is essential to fulfilling specific requirements. These requirements are:
- Having an IMA membership.
- Having at least two years of work experience in financial management and management accounting.
- Having a bachelor's degree from a recognized college/university.
- Abiding by the IMAs Statement of Ethical Professional Practice.
It is crucial to have a thorough knowledge of the exam structure before one searches for the best CMA USA coaching in Tamil Nadu.
Exam Structure
Have a look at the following key points.
- The CMA USA Exam has two parts, Part 1 and Part 2.
- Part 1 is Financial Planning, Performance, and Analysis, & Part 2 is Strategic Financial Planning.
- There are 100 MCQ questions and 2 Essay-type questions in each exam part.
- Four hours are allotted for each exam part of the CMA USA, which is 500 points.
- A candidate requires 360 points in both exam parts to qualify.
Career Opportunities
While taking up a course, everybody thinks of prospects, i.e., job opportunities and salaries. Have a look at the table below to know job roles and salaries.
Job Roles | Salaries (in INR) |
Senior Analyst | 7-8 LPA |
Finance Manager | 12-15 LPA |
Budget Analyst | 12-15 LPA |
Treasurer | 8-9 LPA |
Finance Controller | 19-20 LPA |
Internal Auditor | 3-8 LPA |
Financial Analyst | 5-6 LPA |
Cost Accountant | 5-6 LPA |
Management Trainee | 6-7 LPA |
