Certified Management Accountant(CMA)-U.S.A
CMA is an American Certification awarded by the Institute of
Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA(Now ICMA) of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.
Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA(Now ICMA) of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.
Who can do CMA?
Anyone who has completed a Bachelor’s degree from an accredited college
or university or pursuing his/her degree is eligible to sit for the CMA Exam.
What is the course
structure?
The new CMA
exam consists of two parts:
Part I External Financial Reporting,Planning, Performance and Control
Part II Financial Decision Making
Part I External Financial Reporting,Planning, Performance and Control
Part II Financial Decision Making
CMA Course Outline:
CMA Part I
: External Financial Reporting, Planning,
Performance, and Control
· External Financial
Reporting Decisions – 15% (Level C)
· Planning, Budgeting,
and Forecasting – 30% (Level C)
· Performance Management
– 20% (Level C)
· Cost Management – 20%
(Level C)
· Internal Controls –
15% (Level C)
CMA Part II
: Financial Decision Making
· Financial Statement
Analysis – 25% (Level C)
· Corporate Finance –
20% (Level C)
· Decision Analysis –
20% (Level C)
· Risk Management – 10%
(Level C)
· Investment Decisions –
15% (Level C)
· Professional Ethics –
10% (Level C)
CMA Exam Format
|
|||
Subject
|
MCQs
|
Essays
|
Exam Duration : 4 Hours
|
CMA Part 1
|
100
|
2
|
·
Each essay
question will have 6 -7 questions
·
Time saved in MCQ
exam can be used for Essay Questions
·
Pass rate scale
72%
|
CMA Part 2
|
100
|
2
|
|
MCQ
Multiple Choice Questions | MCQ Exam – 3
Hours | 2 Essays – 1 Hour
|
What are the CMA
exam dates?
Exams are offered in January and February, May and June, September and
October.
Where CMA exams are
administered?
Exams are administered through the worldwide network of Prometric
Testing Centers. To locate a Testing Center and to schedule exam appointments,
visit www.prometric.com/icma .
Fee
CMA Certification
Fee
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||||||
Membership
|
Registration
|
Engrance
|
Entrance
|
Exam
|
Total
|
|
Professional
|
$230
|
$15
|
$250
|
$250
|
$830
|
$1,325
|
Young Professional
|
$155
|
$15
|
$250
|
$250
|
$830
|
$1,250
|
Student
|
$39
|
$15
|
$188
|
$188
|
$622
|
$864
|
Academic
|
$120
|
$15
|
$188
|
$188
|
$622
|
$945
|
Annual Membership
Fee | Entrance Fee is ONE Time Payment | Exam Fee
* 2 parts
|
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