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The Certified Management Accountant (CMA) certification program is offered by the IMA (Institute of Management Accountants).
The CMA Certification is a globally recognized, advanced-level credential appropriate for accountants and finance. The skills, knowledge, and confidence you will gain by earning the CMA will set you apart from non-certified peers.
The Certified Management Accountant (CMA) is shortly referred as CMA US / CMA USA.
There are no levels in CMA US. Only thing is you have to complete two parts which is name as Part – 1 and Part – 2.
These are the four eligibility to get the Certified Management Accountant (CMA USA) Course certification.
The CMA USA Certification comprises of a single level of examination which is divided into two parts. Candidates can attempt any part in any order as per their convenience.
Financial Planning, Performance, and Analytics
15% – External Financial Reporting Decisions
20% – Planning, Budgeting, and Forecasting
20% – Performance Management
15% – Cost Management
15% – Internal Controls
15% – Technology and Analytics
Strategic Financial Management
20% – Financial Statement Analysis
20% – Corporate Finance
25% – Decision Analysis
10% – Risk Management
10% – Investment Decisions
15% – Professional Ethics
CMA US Certification exams are offered three times in a year during following months (called exam windows):
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CA, CMA, CS, CMA USA, 11th and 12th
The Fees mentioned below is the registration fees, not coaching fees. The registration fees has to be paid to “Institute of Management Accountants” (IMA).
IMA accepts payments through Visa, MasterCard, Maestro and American Express credit/debit Cards or by PayPal.
Membership |
Student |
Academic |
Professional |
|---|---|---|---|
|
IMA Membership
|
$39
|
$135
|
$245
|
|
CMA Entrance Fee
|
$188
|
$188
|
$250
|
|
Exam Fee Part 1
|
$311
|
$311
|
$415
|
|
Exam Fee Part 2
|
$311
|
$311
|
$415
|
|
Total
|
$849
|
$945
|
$1,325
|
Net fees for Student Members is INR 60419.09 and Net fees for professional Members is INR 94293.63
Exchange rate used: US $1 = INR 71.17
The registration for Certified Management Accountant CMA US is opened all over the year. You can register for CMA US at any time in www.imanet.org.
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IMA® (Institute of Management Accountants) is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. IMA offers its members exclusive access to the CMA program. We are committed to helping you – and our network of more than 85,000 members – to expand your professional skills, better manage your organization, and enhance your career
To register for your CMA USA exam, all you need to do is follow these six simple steps:
Join the IMA.
Pay the entrance fee
Register and pay exam fee
Registration acknowledgement
Schedule your exam
Take the exam
No, you can take parts 1 and 2 in any request. You have the choice of taking both together around the same time, although numerous individuals decide to isolate their testing dates
An exam part may be taken only once in a testing window. You can sit for as many testing windows as you need in your three-year period
Accounting background would be helpful but not required
CMA US exam results are sent via e-mail from Prometric to all candidates who take an exam part. The performance reports are mailed approximately 14 days after exam results are posted to the candidate’s profile.
Candidates who do not pass the exam will receive a report that indicates their performance on each of the key topic areas in the multiple-choice section as well as their overall performance on the essay section of the exam
CA courses can be done either through Foundation Entry Route or Direct Entry Route.
You will lose any previous passed scores and will need to register for the exam again.
Yes. If you are unable to keep a scheduled exam appointment at Prometric, you must cancel at least 72 hours prior to your appointment date.
The minimum passing score is 360 for both parts of the exam. The exam score range is 0-500
To guarantee your favoured decision of date, time and area, it's better timetable your arrangement in any event fourteen days ahead of time of the testing window you intend to sit for
Yes. The CMA certification complements other credentials or degrees and tests for analytical and critical-thinking skills not covered in other exams. About one in three active CMAs in the U.S. are also CPAs
Following three types of fees are required to be paid to IMA .
Certification and Membership Fee: $475 (Payable annually)
CMA Entrance Fee (nonrefundable) – $250 (One time payable at the time of registration with IMA
Exam Fee: $415 per exam (Payable before registering for exam)
On the IMA website, click “My Profile” and then “My Certifications.”
There are two parts
Part 1 - Financial Planning, Performance, and Analytics
Part 2 - Strategic Financial Management
You can use any study material which is related to CMA US but IMA official study material partner is Wiley
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