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CMA USA Course
Overview
Admission
Program Fees
CMA Comparison
FAQ's
Imagine being able to open doors to exciting career opportunities in management accounting and financial management by earning a globally recognized certification. That’s exactly what the CMA USA course offers. This course provides you with the knowledge and skills you need to excel in the competitive business world.
The CMA USA course is more than just a traditional academic program. It’s an opportunity for you to join a global community of professionals who are dedicated to excellence in finance and management accounting. So why wait? Enroll in the CMA course USA today and start building the career you deserve.
Table of Contents
What is CMA USA Course?
The CMA USA (Certified Management Accountant) course is a professional certification program designed to enhance the skills and knowledge of financial professionals in the areas of management accounting, financial planning, analysis, control, and decision support. The course is offered by the Institute of Management Accountants (IMA) in the United States and is recognized globally.
CMA USA Course Details
| Title | Details |
|---|---|
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CMA Full Form |
Certified Management Accountant |
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CMA USA Course Duration |
6-12 months |
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CMA Exams |
Two parts - Part 1: Financial Planning, Performance and Analytics Part 2: Strategic Financial Management |
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CMA USA Course Fees |
INR 80,000 - 1,50,000 |
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CMA USA Eligibility Criteria |
Bachelor's degree from an accredited university or college |
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CMA Average Salary |
INR 4.5-10 LPA |
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CMA Career Prospects |
Financial Analyst, Management Accountant, Finance Manager, Financial Controller, Chief Financial Officer (CFO) |
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CMA Approved Employer in India |
Deloitte, PwC, EY, KPMG, TATA, Infosys, Amazon, Accenture, Wipro Enterprises, L&T, financial institutions, and other major corporations. |
Why CMA?
- Offers a globally recognized professional certification that can help you stand out in the job market.
- Enhance your career prospects in the field of accounting and finance by demonstrating mastery of management accounting skills.
- Provides access to a global network of professionals and resources through the Institute of Management Accountants (IMA) and its membership community.
- The CMA certification can open up opportunities for international careers and can be especially useful for professionals working in multinational companies.
Who Should Explore CMA?
The CMA USA course is ideal for students who want to advance their careers in management accounting and financial management. It is particularly relevant for individuals who are interested in pursuing roles such as financial analyst, financial manager, management accountant, cost accountant, or budget analyst. Those who want to work in the corporate sector, including private and public organizations, can also benefit from the CMA certification.
Future Scope of CMA
The Certified Management Accountant (CMA) USA certification is a globally recognized credential that opens up many opportunities for higher education. Many universities and colleges offer advanced degree programs in accounting, finance, and related fields that can build upon the foundation provided by the CMA certification.
- Students can pursue a master's degree in accounting or finance and may receive credit exemptions or advanced standing from universities.
- CMA graduates can pursue other professional certifications, such as the Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designations.
- Students can pursue a doctoral degree in accounting or finance, which can lead to careers in research, teaching, or consulting.
- Students can also choose to pursue other specialized certifications in areas such as risk management, data analytics or internal auditing.
The Indian government has identified the accounting and finance sectors as key drivers of economic growth and has introduced reforms and initiatives to encourage investment and development in these areas. As a result, there is a growing demand for skilled professionals who can provide expert financial analysis and decision-making. This is where the CMA comes in.
Many multinational companies with operations in India prefer to hire CMA-certified professionals for senior management positions. Additionally, CMA holders can also pursue career opportunities in various industries, such as consulting, banking, and finance. The future scope of the CMA USA course in India is quite promising!
CMA Careers
The CMA USA certification can lead to a rewarding career path with opportunities for growth, advancement, and specialization. CMA holders are highly sought-after by employers in a range of industries, including manufacturing, technology, healthcare, and finance. Job titles for CMA graduates include financial analyst, management accountant, cost accountant, financial planning and analysis manager, and finance director. The CMA USA certification is also a valuable asset for those seeking to advance to executive-level positions, such as chief financial officer or chief executive officer. The average salary for CMA professionals is often competitive and can vary based on factors such as experience, industry, and location.
CMA USA Course Eligibility Criteria
- A bachelor's degree from an accredited college or university
- Membership in the Institute of Management Accountants (IMA)
- Students must have at least two years of professional experience in management accounting or financial management to obtain a license.
- The CMA certification can open up opportunities for international careers and can be especially useful for professionals working in multinational companies.
CMA USA Course Fees
| Features | Platinum |
Most Recommended Gold |
Silver | Bronze |
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Online & Offline Classroom Lectures |
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Recorded Lectures |
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Doubt Clearing |
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Community Support |
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Notes |
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Practice Kit |
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Customized Study Plan |
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EMI Availability |
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Course Validity (Part Wise) |
NA |
8 Months |
8 Months |
8 Months |
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Course Validity (Both Part) |
1 Year |
15 Months |
1 Year |
1 Year |
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Course Fee |
₹60,000 |
₹40,000 ₹21,000 |
₹25,000 |
₹16,500 ₹9,000 |
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Enroll Now |
Program Fees
| Features | Platinum |
Most Recommended Gold |
Silver | Bronze |
|---|---|---|---|---|
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Online & Offline Classroom Lectures |
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Recorded Lectures |
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Doubt Clearing |
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Community Support |
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Notes |
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Practice Kit |
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Customized Study Plan |
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EMI Availability |
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Course Validity (Part Wise) |
NA |
8 Months |
8 Months |
8 Months |
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Course Validity (Both Part) |
1 Year |
15 Months |
1 Year |
1 Year |
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Course Fee |
₹60,000 |
₹40,000 (Both Part) ₹21,000 (Part Wise) |
₹25,000 |
₹16,500 |
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Enroll Now |
Difference: CMA USA vs CMA India
Difference: CMA USA vs CIMA UK
Difference: CMA USA vs CA India
Frequently Asked Questions
Ans. Yes, CMA is a professional course offered by the Institute of Management Accountants (IMA) for individuals seeking a career in management accounting and financial management.
Ans. CMA (Certified Management Accountant) is a highly respected and globally recognized certification in the field of management accounting and financial management. It demonstrates a strong understanding of financial planning, analysis, control, and decision support, making it a good course for those interested in these fields.
Ans. CMA USA students do not have to go through articleship. However, they need to complete two years of job experience in the relevant field in order to apply for a CMA USA license. The IMA website also provides a list of approved employers for CMA training. This work experience is actual job experience unlike articleship.
Ans. To apply for the CMA course, you need to first register with IMA, meet the eligibility requirements, and then submit the required documentation and fees online. Detailed instructions are available on the IMA website.
Ans. Yes, CMAs are in demand as they possess advanced knowledge and skills in management accounting and financial management. CMAs are highly valued by employers in various industries, including finance, healthcare, technology, and manufacturing.
Ans. Certified Management Accountant (CMA) is a professional certification in management accounting and financial management. The CMA course provides advanced knowledge and skills in areas such as financial planning, analysis, control, and decision-making.
Ans. CMA and CA are both professional courses in accounting and finance, but they have different focuses. CMAs are better suited for careers in management accounting, financial analysis, and planning, while CAs are better suited for careers in auditing, taxation, and financial reporting. In terms of which one is better, it depends on the individual's career goals and interests.
Ans. There is no limit to the number of times an individual can take the CMA exam. The CMA exam is offered during three testing windows each year, and candidates can register for one or both parts of the exam at a time. However, students have to clear both parts within three years.
Ans. The difficulty level of the CMA course may vary depending on an individual's prior knowledge and experience in the field of management accounting and financial management. However, the course is known to be challenging and requires significant dedication and effort to complete successfully. However, it is not as difficult as CA, ACCA or CPA.
Ans. A CMA certification is valid for three years from the date of certification. To maintain the certification, CMAs must complete continuing professional education (CPE) requirements and pay an annual fee to the IMA.
Ans. The US CMA (Certified Management Accountant) course is a professional certification offered by the Institute of Management Accountants in the United States that focuses on management accounting, financial planning, analysis, control, decision-making, and professional ethics.
Ans. Yes, you can pursue the CMA course through distance learning or correspondence mode. A Team Commerce Academy offers study materials and online resources to support candidates preparing for the CMA exam.
Ans. Yes, completing the CMA USA course can help individuals qualify for various roles in the banking sector, particularly in areas such as financial planning and analysis, risk management, and decision-making.
Ans. Yes, it is possible to join and complete a CMA course while working. The course is designed to be flexible. Self-study and online learning options are available with A Team Commerce Academy, allowing individuals to balance their work and study commitments.
Ans. Yes, candidates can take a break from the CMA course if needed. However, they must ensure they meet the eligibility requirements and complete the exam within the three-year validity period of their certification.
Ans. Yes, a visually impaired person can take a CMA course. The IMA provides accommodations for individuals with disabilities to ensure they have equal access to the exam and study materials.
Ans. Yes, you can opt for the civil exams after completing the CMA course. However, eligibility requirements vary by country, and candidates should research and meet the specific requirements.
Ans. No, a CMA course requires a basic foundation in math. Candidates need to have a good understanding of concepts in algebra, statistics and business mathematics to succeed in the program.
Ans. The CMA course typically takes about 8 to 10 months to complete after a master's degree. However, the duration may vary depending on the individual's study schedule and preparation.
Ans. To apply for a CMA USA course online in India, follow these steps:
1. Visit the Institute of Management
2. Accountants (IMA) website at www.imanet.org
3. Create an account
4. Complete the application
5. Submit the required documents
6. Pay the requisite fees.
1. Visit the Institute of Management
2. Accountants (IMA) website at www.imanet.org
3. Create an account
4. Complete the application
5. Submit the required documents
6. Pay the requisite fees.
