US Certified Management Accountant (US CMA)

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Certified Management Accountant (CMA) is the highest level of certification in management accounting that acts as a global passport for accountants and finance professionals. Institute of Management Accountants (IMA), USA has more than 140,000 members in 150 countries and 350+ chapters. EduPristine’s US CMA course training is a hands-on experiential program that helps you clear the exams, provides Soft Skills training and Career Services.

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    US CMA COURSE

    What is US CMA course?

    CMA stands for Certified Management Accountant. CMA is a specialization course in Management Accounting that trains the candidates on different skills required in the domain. US CMA is offered by IMA (Institute of Management Accountants), an institute based in the United States, and is a highly respected designation all over the world. CMA is the highest credential in Management Accounting and requires professional training since it differs from Financial Accounting.

    Management Accountants play a vital role in the financial health of an organization by making critical decisions, safeguarding a company’s integrity, and work towards business sustainability. The IMA delivers professional CMA course in 150 countries and has built a strong network of 140,000+ members. IMA is one of the largest and most respected associations for Management Accounting professionals

    To appear for the US Certified Management Accountant (CMA) examination a candidate should have:

    • Membership of the Institute of Management Accountants (IMA)
    • A Bachelor’s degree from an accredited university or an equivalent degree
    • Two years of professional experience in management accounting or financial management.
    • Completion of Part 1 and Part 2 of the CMA course exam

    Depending on the candidate’s dedication and focus, it takes 12-18 months to complete both parts, on average. However, IMA provides a duration of a maximum of 3 years from the date of registration to complete the CMA course.

    Candidates can appear for the part 1 and 2 exams in:

    • January/February
    • May/June
    • September/October

    cma

    Important information regarding Rescheduling or Cancellation of a Scheduled Appointment

    Cancelling your appointment with Prometric does not generate a refund or an automatic approved test window change. It only allows you to have the possibility to reschedule the appointment for a different date in the same testing window.

    You can cancel your appointment and reschedule it for another date within the same testing window if you cancel 72 hours prior to your scheduled appointment. Prometric will charge you a $50 fee if you cancel your exam within 3 to 30 days of the scheduled appointment date.

    You can cancel your appointment and reschedule it to another date in the next testing window if you (1) first cancel your appointment with Prometric, and (2) then submit a transfer request to IMA Member Services (ima@imanet.org) no later than five days before the scheduled appointment. You will be charged a fee of $75 by ICMA, and Prometric will charge you a fee if you are rescheduling your appointment within 3 to 30 days of the appointment date. Both the ICMA and the Prometric fees cannot be waived.

    If you cancel your appointment with Prometric in less than 72 hours of your appointment, you will forfeit your exam fees with ICMA, and you will need to purchase a new registration.

    You must sit for the exam during the testing window that you registered for.

    To cancel or reschedule your appointment online, please have your confirmation number ready and visit www.prometric.com/ICMA. Or you can call 800-479-6370 if you are located in the U.S. or the Regional Registration Contact Center if you are located outside the U.S. Both options are available 24 hours, seven days a week. If you do not comply with the cancellation policy, you will be considered a “no show” and you will need to reregister with ICMA and repay the examination fee.

    Career Opportunities and Benefits of Doing US CMA course in India

    Earning a CMA gives you higher credibility and status in the accounting industry. As IMA states, CMAs can explain the “why” behind numbers, not just the “what”, and knowing the why becomes a crucial skill in order to grow to a management level. US CMA can easily be called your ticket to having the authority of making business decisions and the skill which would ultimately lead you to a seat at the leadership table.
    US CMA certification creates career opportunities and strengthens your ability to move across business areas along with international recognition.

    S. No. CMA Job roles:
    1. 34% CFO/ Controller
    2. 22% Directors and Managers
    3. 11% Other Practitioners & Educators
    4. 33% Accountant and Analyst.

    Here is how we prepare you to be US CMA job-ready

    1 Practical and Experiential Training

    • Exam-oriented content
    • Training by industry professionals
    • Mock exam environment
    • Task-based simulations
    • Problem-solving questions
    • After Course Engagement (ACE)

    2 Soft Skills Training

    • Business communication
    • Interpersonal communication
    • Time management
    • Negotiation skills
    • Presentation skills
    • Email and virtual communication
    • Decision-making & problem solving

    Exam and Market Ready

    • Mock exams access
    • Pass master questions access
    • Customized career guidance
    • Interview skills workshop
    • Resume preparation assistance
    • Career Services

    Program Highlights

    Classroom Training
    • 175+ hours of Instructor-led Classroom Training [Validity: 2 Years]
    • Industry Expert Faculty members
    • 24×7 Learning Management System [Validity: 2 Years]
    • Career Services
    • Dedicated Support Team
    • Learning content by BECKER
    Live Virtual Training
    • 175+ hours of Instructor-led Online (Live) Training [Validity: 2 Years]
    • Industry expert faculty members
    • 24×7 Learning Management System (Recordings of LVC) [Validity: 2 Years]
    • Career Services
    • Dedicated Support Team
    • Learning content by BECKER
    Self-Study Package
    • Learning content by BECKER

    CMA Course Curriculum

    Please note that beginning September 2024, the CMA exam will change based on a recent Job Analysis study. For more information regarding the exam changes, please click here.


    Part 1: Financial Planning, Performance and Analytics
    Cost Management (15%)
    • Measurement concepts
    • Costing Systems
    • Overhead costs
    • Supply chain management
    • Business process improvement

    Internal Controls (15%)
    • Governance, risk and compliance
    • System controls and security measures
    • Testing internal controls (NEW)
    • Control deficiency remediation (NEW)

    Technology and Analytics (15%)
    • Information systems
    • Data governance
    • Technology-enabled finance transformation
    • Data analytics
    • Data management (NEW)

    External Financial Reporting Decisions (15%)
    • Financial Statements
    • Consolidated financial statements (NEW)
    • Recognition, measurement, and valuation
    • GAAP- IFRS differences

    Planning, Budgeting and Forecasting (20%)
    • Strategic planning
    • Budgeting concepts
    • Forecasting techniques
    • Budgeting methodologies
    • Annual profit plan and supporting schedules
    • Top-level planning and analysis

    Performance Management (20%)
    • Cost and variance measures
    • Responsibility centers and reporting segments
    • Performance measures
    • Controllable margin (NEW)


    Part 2: Strategic Financial Management
    Risk Management (10%)
    • Enterprise risk

    Investment Decisions (10%)
    • Capital budgeting process
    • Capital investment analysis methods
    • Discount rates (NEW)
    • Profitability index (NEW)
    • Using sensitivity analysis in capital investment
      decision analysis (NEW)

    Professional Ethics (15%)
    • Business ethics
    • Ethical considerations for management accounting and
      financial management professionals
    • Ethical considerations for the organization
    • Data ethics (NEW)
    • Types of business fraud (NEW)
    • Governmental data protection regulations (NEW)

    Financial Statement Analysis (20%)
    • Basic financial statement analysis
    • Financial ratios
    • Profitability analysis
    • Special issues
    • Financial trend analysis (NEW)

    Corporate Finance (20%)
    • Risk and return
    • Long-term financial management
    • Raising capital
    • Working capital management
    • Corporate restructuring
    • International finance
    • Debt financing vs equity financing (NEW)

    Decision Analysis (25%)
    • Cost/volume/profit analysis
    • Marginal analysis
    • Pricing

    NEW Becker CMA Exam Review

    For more than 60 years, Becker has been the leader that accountants trust for the best in exam prep and continued education. As a strategic partner of the IMA, they have enhanced their CMA Exam Review experience. Their signature offering features a brand-new suite of tools for mastering the CMA Exam.

    Revamped Content

    100% coverage of the ICMA Learning Outcome Statements. You’ll always prep with content that mirrors the latest CMA Exam. Brand new textbooks, MCQs, essay questions, and simulated exams that capture the feeling and pacing of the exam itself. All with the quality you expect from Becker.

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    Updated user experience based on Becker’s highly acclaimed CPA preparation software platform. The new format provides an organized learning experience with intuitive and user-friendly navigation.

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    No two people learn exactly the same way. That’s why Becker utilizes Adapt2U Technology to constantly assess your knowledge as you prep, so you can focus on the areas where you need the most help.

    Becker’s Adapt2U Technology assesses what you already know — and where you need the most assistance in order to pass the exam. Study smarter, not harder with Becker, and be exam-day ready.

    Learning content by BECKER
    • 24 Months Access [2 Part Review]
    • Regularly Updated Content
    • 3000+ Multiple Choice Questions
    • Access to Mock exam
    • 70+ Essay Questions
    • E-books & Hard copy Text Books
    • 500+ Digital Flashcards
    • Unlimited Practice Test
    • Lecture Videos
    • Academic Support (Becker)
    Why Choose Becker?

    Becker Professional Education is a global leader in quality professional education, empowering people to advance their careers by providing

    • High quality materials, including the most up-to-date content covered on the CMA Exam
    • Comprehensive preparation ensures no surprises on exam day
    • A completely integrated course, with video lectures, textbooks, practice MCQ and essay questions, progress tests, review materials and other course components that work together seamlessly, giving you an effective way to prepare for the CMA Exam
    • Flexible course formats to fit your lifestyle, work schedule and study preferences
    US CMA Course Opportunities

    The CMA designation gives you higher credibility and status in the accounting industry. As stated by the IMA, “CMAs can explain the ‘why’ behind numbers, not just the ‘what”, and knowing the “why” becomes a crucial skill in order to grow to a management level.

    US CMA gives you the decisions making authority in an organization thus making a place for you among the leaders and business drivers. US CMA provides you international recognition and open doors to career opportunities as:

    • Financial Controller
    • Chief Financial Officer
    • Finance Manager
    • Financial Analyst
    • Financial Risk Manager
    • Cost Accountant
    Why Choose EduPristine for US CMA Course?

    EduPristine offers real-life challenges, compelling the learners to apply concepts in the class and prepare for career realities. EduPristine is an authorized GOLD partner of IMA and is committed to helping you at every step from your US CMA course exams to the licensing process. We offer practical and experiential learning along with soft skills training and placement assistance.

    Get Unparalleled Customer Support with EduPristine:

    • Assistance for smooth examination and placement
    • Assistance in booking Prometric centers for your US CMA course exam
    • Career Services after completion of the exam
    • Mentor assigned to each student for support and doubt-solving during the program

    Some of our Recent Placements

    Darshil Jignesh Gala

    Assistant Manager

    US CMA Program

    Atharva Mhatre

    Data Research Analyst

    US CMA Program

    Amit Monda

    Transaction Process Associate

    US CMA Program
    View Placement

    Apply for US CMA course Classroom Training Now

    • We only take 30 students per batch.
    • Note: The regular decision deadline for the enrollment is 1 month before the batch start.
    +
    A large alumni network of Students
    +
    well-located centers
    +
    A faculty pool of industry experts
    Soft Skills Training & Career Services

    It is my pleasure to thank EduPristine to guide me through the entire course of CMA course. The study material and the coaching is up to the mark. A comprehensive online material (which includes the webinars and presentations) also helped me clear the certification in one go. Special mention to Mr. Bhavesh Gala (our tutor), who kept providing the class with certain "tricks of the trade" to solve the questions in a logical way. I would recommend EduPristine for candidates who would be aspiring to become a CMA.

    Mihir Sawant | CMA | Mumbai

    I attended the study programme at Edupristine this year, and it has paid off in the end. CMA (US) is a rigorous course and requires intensive amount of preparation. The quality of lectures delivered at Edupristine is one main reason as to why I have cleared my exams. I was under the guidance of Anil sir. EduPristine also provides additional notes, questions, and presentations as a part of their study material which will improve your preparation. Lastly, I would conclude by saying that when I could pass the exam, I don't see a reason as to why any reader interested in CMA (US) will not be able to do it. Trust me, for it's all worth it

    Ummera Naveed | CMA | Bangalore

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    FAQ’s – CMA course

    What is the US CMA Course?

    US CMA course is a professional course that specializes in the Management Accounting domain. It covers various topics of Management Accounting as well as trains the candidate on skills like decision making, analysis, and reporting, etc.

    Why US CMA Course?

    US CMA is a globally recognized qualification that offers opportunities to professionals to work among the management team of the organization in top companies.

    What is US CMA Course Scope in India?

    CMAs can opt for the below high in demand and high paying jobs as below:

    • Financial Controller
    • Chief Financial Officer
    • Finance Manager
    • Financial Analyst
    • Financial Risk Manager
    • Cost Accountant
    How long does it take to clear the US CMA exams?

    It takes 12-18 months to complete both parts, on average.

    Can I work and study US CMA?

    Yes, you can simultaneously work and pursue the US CMA course.

    What is the salary of a US CMA in India?

    The average salary range of CMAs is Rs. 5 lakhs p.a. to Rs. 8 lakhs p.a.

    What are the US CMA course fees?

    The US CMA course comprises different types of fees like the exam fee, membership fee, entrance fee, and training fee. Contact our counsellors to get all the details regarding US CMA fees.

    Can the US CMA qualification help me go abroad?

    Yes, with US CMA you can pursue a career abroad.

    Do I get some exemptions in the US CMA papers?

    No, there are no exemptions for the US CMA course.

    Can I take US CMA exams along with my Graduation?

    Yes, you can pursue the US CMA course and graduation at the same time.

    Is the US CMA course recognized in India?

    Yes, the US CMA course is recognized in India and provides job opportunities with top companies.

    What is the eligibility criterion for the US CMA course?

    To become a CMA, a candidate should have:

    • Membership of the Institute of Management Accountants (IMA)
    • A Bachelor’s degree from an accredited university or an equivalent degree
    • Two years of professional experience in management accounting or financial management.
    • Completion of Part 1 and Part 2 of the CMA course exam.
    How often is the US CMA exam held?

    Candidates can appear for the part 1 and 2 exams in:

    • January/February
    • May/June
    • September/October

    WHY EDUPRISTINE

    • One of the largest, oldest, and leading training providers in the Accounting, Finance and Marketing domain
    • Multiple modes of training delivery including Classroom (In Mumbai), Live Virtual Classes (Online), and Self Study Training for ACCA (Professional Level), CMA and CPA programs.
    • Modern and well-located centre in Mumbai, and services across all India.
    • A well-qualified group of 100+ Faculty members with an industry-relevant background in teaching theoretical concepts and applicability of those concepts.
    • Experiential & practical learning with exclusive HD training video recordings, exam-oriented content and guidance, Mock tests, etc
    • Supplementary classes to support and guide students with difficult topics and doubt solving sessions
    • One of the largest and oldest partners of Becker Professional Education- the world leader in US CPA and US CMA content
    • Gold Partner of ACCA and also an approved CBE (Computer Based Exam) Centre for the ACCA program
    • Kaplan content for the ACCA program with original books and 24*7 LMS (Learning Management System) access
    • Gold Partner of IMA for the CMA program and Becker Partner for US CMA Content. Becker is one of the approved CMA content providers globally
    • CFA Institute Prep Provider for the years 2021-22, 2022-2023 and 2023-24. Edupristine is the largest, oldest and the ONLY CFA Institute Prep Provider for so many years, in India.
    • Approved EPP (Exam Preparation Provider) of GARP® USA for the FRM® program and among Top 2 in India.
    • Partner of BSE Institute for the Financial Modeling program and among Top 2 in India
    • Partner of BSE Institute for the Post Graduate Program in Business Accounting and Taxation.
    • Over 60,000 students trained since inception and over 5 million hours of training delivered
    • Certified Great Place to Work and Safe Place to Work with over 60% women employees
    • Amongst the highest Engagement and Enablement scorers in surveys conducted by KornFerry for Adtalem Global Education
    • Focused on Student Success and Employability with an excellent track record and pass rates
    • Our website features testimonials from hundreds of satisfied students, as well as feedback from faculty members.

    Our Training Methodology:

    Our students can expect a mix of case studies, real-life business scenarios, and the hallmark pedagogy of learning through a plethora of hands-on and real-life scenarios. Students will understand and apply various practical aspects a Management Accountant deals with on a daily basis. Under the guidance of an industry expert, students will also generate an understanding of the intersection between a business and accounts. The methodology offers real-life challenges, compelling learners to apply concepts in the class and prepare for career realities.

    What EduPristine is known for:

    EduPristine is a member of Adtalem Global Education (NYSE: ATGE), a global education provider headquartered in the United States. Adtalem has nine institutions and companies with more than 10,000 employees spread across 209 locations. The purpose of Adtalem Global Education is to empower students to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading workforce solutions provider and the parent organization of American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine, Ross University School of Veterinary Medicine and Walden University.

    US CMA Course: CMA Course Details, Eligibility, Fees, Duration, Syllabus

    EduPristine provides US CMA course training in Classroom format, Online format and Self Study format for all US CMA course exams- CMA course Part I and CMA course Part II. Students can find the US CMA course details like US CMA course eligibility, US CMA course duration, US CMA course syllabus, US CMA course fees on the US CMA course page. Students can also contact us for Free Counselling to get all the US CMA course details and US CMA course training offerings at EduPristine.

     

    The US CMA is offered by the Institute of Management Accountants (IMA), USA IMA is the only institute that offers the US CMA course and operates in 150 countries with over 1,40,000 members.

     

    Below are the US CMA course details for students who want to pursue US CMA course in India

    • CMA Course Eligibility:
      • Students can pursue US CMA after Graduation or while pursuing Graduation.
    • CMA Course Duration:
      • It takes 12-18 months to complete both parts, on average. Candidates need to obtain 2 years of relevant work experience to obtain the CMA certificate.
      • The student gets a total duration of 3 years to complete the US CMA course.
    • CMA Course Syllabus:
      • The topics covered in CMA Part I are Cost Management, Internal Controls, Technology and Analytics, External Financial Reporting Decisions, Planning, Budgeting, and Forecasting, Performance Management.

     

    The topics covered in CMA Part II are Risk Management, Investment Decisions, Professional Ethics, Financial Statement Analysis, Corporate Finance, Decision Analysis.

     

    Every topic has different weightage in the examination.

     

    EduPristine offers US CMA course in 7 cities including Mumbai, Pune, Ahmedabad, Delhi, Bangalore, Chennai, and Hyderabad in Classroom format. EduPristine also provides US CMA course in India through Live Online Classes.

    • Professional Certification courses like US CMA are in high demand with working professionals. 
    • With the changing study patterns and feasibility, “Blended programs with a healthy mix of live online faculty-led training along with in-class, hands-on, experiential and practical learning on licensed and fully featured software used by all big companies and multinationals.” are a preferred choice among the majority

     

    EduPristine provides Placement Assistance by updating candidates on the available US CMA Job Opportunities after US CMA course completion. EduPristine’s Career Services helps students build confidence and find the right job opportunities in the desired field through Soft Skills Training, Resume Building Training and other skill enhancing training.

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