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Certified Management Accountant (CMA)

Become the
Apex of Financial Industry

Certified Management Accountant (CMA)

Certified Management Accountant (CMA-USA) is the highest level of certification in management accounting that acts as a global passport for accountants and finance professionals.

The CMA (USA) course or certification is offered by IMAR (Institute of Management Accountants) of USA, which is the worldwide association of accountants and financial professionals in business. IMA has 125,000+ members and global reach of 140 countries through 300 professional and student chapters.

Parts Of CMA

CMA PART 1

Part 1: Financial Planning, Performance, and Analytics

Section: Topic: Weightage

A: External Financial Reporting Decisions: 15%


B: Planning, Budgeting and Forecasting: 20%


C: Performance Management: 20%

D: Cost Management: 15%

E: Internal Controls: 15%

F: Technology and Analytics 15%

CMA PART 2

Part 2: Strategic Financial Management

Section: Topic: Weightage

A: Financial Statement Analysis: 20%

B: Corporate Finance: 20%

C: Decision Analysis: 25%

D: Risk Management: 10%

E: Investment Decisions: 10%

F: Professional Ethics 15%

Exam
Pattern

Course Detail

Depending on the candidate's dedication and focus, it takes a minimum of 6 months to complete the CMA course.

Normally, it takes 12-18 months to complete both parts, on average

Exam Detail

Each Exam Part is FOUR HOURS in length

100 Multiple Choice Questions in 3-Hours, followed by TWO 30-Minute Essay Scenarios

At least 50% of the Multiple-Choice Questions should be answered correctly to be eligible to take the Essay Section

CMA Exam is conducted in a Computer-Based format

CMA Exam is conducted at PROMETRIC Testing Centers located throughout the world

THREE Exam Testing Windows offered each year
â–  January & February
â–  May & June
â–  September & October

Career Paths and Jobs for CFA® Charterholders

As a CFA Charterholder, you will be considered as the apex for professional development in the global finance industry. Opportunities for growth exist in a wide range of finance sectors including:  

Investment Management

Wealth Management

Financial Analysis

Corporate Finance

Risk Management

Private Equity and Venture Capital

Investment Management

Hedge Funds and Alternative Investments

Consulting

Career Paths and Jobs for CMA Certificate Holders

The CMA Certification opens job opportunities worldwide. Some of the roles that a CMA Qualified professional can get are:

Staff Accountants

Finance Manager

Cost Accountant

Financial Controller

Internal Auditor

Financial Analyst

Treasurer

Financial Risk Manager

Chief financial Officer

Eligibility

Here is the eligibility criteria in order to become a CMA (Certified Management Accountant)

Any one can sit for the exam
There is no qualification requirements to sit for the exam

You just need to have some basic knowledge of accounting

After passing both the papers, you will need to submit 2 years work experience and Bachelor’s or Equivalent Degree to IMA within 7 years of passing both the papers to get the Certificate.

Frequently Asked Questions

What is the US CMA?

The US CMA is an advanced professional certification that measures the significance of accounting and financial management skills. This accreditation is mainly relevant for success in a business environment.

Each CMA exam part entails 100 multiple-choice questions and has two 30-minute essay questions. You get 3 hours to complete the MCQ and 1 hour to complete the essays. The essay section includes 8–10 written responses based on two scenarios, describing general business situations.

Bachelors degree
Qualify for both CMA exam parts.
2 years of relevant work experience

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