CMA (USA) Certified Management Accountant is a top-tier accounting certification, also known as a global benchmark for management accountants and finance professionals. It educates about financial reporting, forecasting, planning, cost control, budgeting, accounting, auditing, risk management, and cost management. CMA(USA) Certified Management Accountant (CMA) (USA) In high demand in the Middle East, India, China, and the USA The CMA is respected in over 150 countries, with over 100,000 certifications earned globally.
Mirchawala’s college is now offering CMA. The college has globally achieved 144+ top scorers and position holders nationwide. The qualification is taught by Sir Ahmed Shafi, considered among the top tutors in the world for management accounting papers. For further details, please WhatsApp, inbox us or call us. CMA Admission Guidelines/Criteria:
In order to complete CFA Certificate, the candidate must pass three levels of CFA Program to obtain a CFA Charter.
CFA PART I
Subject: Financial Planning, Performance, and Analytics
Topic Weightage
External Financial Reporting Decisions: 15%
Planning, Budgeting, and Forecasting 20%
Performance Management: 20%
Cost Management: 15%
Internal Controls: 15%
Technology and Analytics 15%
CFA PART II
Subject: Financial Planning, Performance, and Analytics
Topic Weightage
Financial Statement Analysis: 20%
Corporate Finance: 20%
Decision Analysis: 25%
Risk Management: 10%
Investment Decisions: 10%
Professional Ethics 15%
CFA Charter
A Chartered Financial Analyst (CFA®) charter is a designation given to those who have completed the CFA® Program and fulfilled acceptable work experience requirements. The CFA Program is a three-part exam that tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. The CFA Program is typically completed by those with backgrounds in finance, accounting, economics, or business.
Charter holders earn the right to use the CFA designation after program completing the program, submitting an application, and being acceptance by CFA Institute. CFA Charter holders are qualified to work in senior and executive positions in investment management, risk management, asset management, and more.
Exam
Pattern
Exam Structure
The US CMA (Certified Management Accountant) aims to assess the candidate's knowledge and expertise in management accounting and financial management. The CMA exam paper is divided into two parts:
Part 1: Financial Planning, Performance, and Analytics
It entails external financial reporting decisions, planning, budgeting, and forecasting; performance management; cost management; internal controls; and technology and analytics.
Part 2 Strategic Financial Management
It includes financial statement analysis, corporate finance, decision analysis, risk management, investment decisions, and professional ethics.
Each part of the CMA USA exams covers 100 MCQs and two essay questions. Candidates get a total of four hours to complete each paper, with three hours for MCQs and one hour for essays.
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: Â
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 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: Â
Investment Management
Wealth Management
Financial Analysis
Corporate Finance
Risk Management
Private Equity and Venture Capital
Investment Management
Hedge Funds and Alternative Investments
Consulting
Eligibility
Here is the eligibility criteria in order to start the CFA program
Undergraduate
Route
The candidate can sit for level-1 exam within 23 months of graduation month and can sit for Level-2 exam within 11 months of graduation month. You must have bachelor’s degree or equivalent to sit for Level-3 exam.
Undergraduate
Route
You are eligible to sit for all levels if you have a bachelor’s degree or equivalent. You can sit for all pass Level-1 then Level-2 and then Level-3.
Undergraduate
Route
The candidate can sit for level-1 exam within 23 months of graduation month and can sit for Level-2 exam within 11 months of graduation month. You must have bachelor’s degree or equivalent to sit for Level-3 exam.
Undergraduate
Route
The candidate can sit for level-1 exam within 23 months of graduation month and can sit for Level-2 exam within 11 months of graduation month. You must have bachelor’s degree or equivalent to sit for Level-3 exam.
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.
What is the US CMA exam pattern?
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.
What are the requirements to become a US CMA?
Bachelors degree Qualify for both CMA exam parts. 2 years of relevant work experience
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MHA-LMS
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