US CMA Course

What is the US CMA Course?

The US CMA, which is a Certified Management Accountant is a well known professional certification that is all about management accounting and financial management skills. This certification is given by the Institute of Management Accountants.

This course is really good for students and professionals who want to make a career in finance, accounting and making big decisions.

Eligibility Criteria

To be eligible for the US CMA course you need to meet some requirements:

• You should have graduated from any stream. You should be still studying.
• You should have 2 years of work experience in a field, which is necessary to get the certification.
• You should be able to understand English

👉 Good news: It is good to know that you can start the US CMA course while you are still studying for your graduation.

US CMA Course Structure

The US CMA course is divided into 2 parts:

Part 1: Financial Planning, Performance & Analytics

• External Financial Reporting
• Planning, Budgeting & Forecasting
• Performance Management
• Cost Management
• Internal Controls
• Technology & Analytics

Part 2: Strategic Financial Management

• Financial Statement Analysis
• Corporate Finance
• Decision Analysis
• Risk Management
• Investment Decisions
• Professional Ethics

Exam Details

The exams for the US CMA course are held 3 times a year:

• January – February
• May – June
• September – October

Exam Format (per part):

• 100 MCQs (Multiple Choice Questions)
• 2 Essay Questions
• The exam lasts for 4 hours
• You need to get at least 360 marks out of 500 to pass

US CMA Course Fees (Approx.)

The fees for the US CMA course can vary. Here is an approximate idea of what you might have to pay:

For Students:

• IMA Membership Fee: $45 – $160
• Entrance Fee: $225
• Exam Fee (per part): $370

👉 Total Approx Cost: ₹1.2 lakh – ₹1.8 lakh

For Working Professionals:

👉 Total Cost: ₹2 lakh – ₹2.5 lakh (approx.)

Duration of US CMA Course

• The time you need to complete the US CMA course is 6 to 12 months.
• The maximum time allowed to complete the course is 3 years.
  (to complete both parts)

👉 You can complete the US CMA course quickly within 1 year.

Career Opportunities After US CMA

After you complete the US CMA course you can work in different roles, such as:

• Management Accountant
• Financial Analyst
• Cost Accountant
• Internal Auditor
• Finance Manager

Top Hiring Sectors:

• MNCs
• Big 4 Firms
• Corporate Finance Departments

Salary After US CMA

• Freshers: ₹5 – ₹8 LPA
• Experienced: ₹10 – ₹25+ LPA

👉 You can also get job opportunities in other countries, such as the USA and the Middle East.

Why Choose US CMA?

• The US CMA certification is recognized over the world.
• You only need to give 2 exams to complete the course, which makes it quick to finish.
• The salary for US CMA professionals can grow quickly.
• The course teaches you skills that’re useful in the corporate world.
• Many MNCs want to hire US CMA professionals so there are job opportunities available.

Exam Pattern Summary

Who Should Do US CMA?

• B.Com and BBA students
• CA and ACCA aspirants
• Working professionals, in the finance field
• MBA students who want to specialize in finance