(Certtified management Accountant – United States)
Do you aspire to master financial management and enhance your job prospects, leading to a secure future?
Completed high school (10+2)
You must have a Bachelor’s degree from any college or university.
Need at least 2 years of full-time work experience in management accounting or financial management. Part-time work (minimum 20 hours per week) can count too. (one year of part-time work equals half a year of full-time work).
Note: Certification requirements come after clearing your exam, so you don’t have to worry about it now. While an accounting background can be helpful but not required.
Part 1
Financial Planning, Performance, and Analytics
Part 2
Strategic Financial Management
Part 1
Financial Planning, Performance, and Analytics
Exam Duration: Format:
4Hours 100 MCQs & 2 Essays
Part 2
Strategic Financial Management
Exam Duration: Format:
4Hours 100 MCQs & 2 Essays
Each MCQ carries 4 Marks
Each essay question carries 50 Marks
Maximum mark for each part: 500
Passing mark for each part: 360
3 Hours for MCQ section
1 Hour for essays
Essays presented after completing the MCQ section
Must answer at least 50% of MCQs correctly to take essay section No option to go back to MCQ section once completed and exited
10-12 written response or calculation questions.Based on two scenarios depicting typical business situations.
Only basic electronic calculators allowed, limited to six functions: addition, subtraction, multiplication, division, square root, and percentage.
Results emailed and posted online about six weeks after the testing month ends.
GAAP/IFRS changes reflected in CMA exam one year post effective date.
Growing demand in finance, manufacturing, consulting, and healthcare. Preferred by MNCs, Big 4 firms, and leading Indian companies. Recognized for expertise in management accounting and finance. Competitive salaries and strong career prospects.
Globally recognized in 150+ countries. Valued by MNCs and financial institutions. Enables international career growth and mobility. Opens doors to diverse job markets worldwide.
Financial and Managerial Skills
Soft Skills Developed
Finance
Financial Analyst, Finance Manager, Investment Banker
Manufacturing
Cost Accountant, Supply Chain Manager
Consulting
Management Consultant, Financial Consultant
Healthcare
Financial Analyst, Revenue Manager
Technology
Systems Analyst, IT Auditor
Government
Budget Analyst, Internal Auditor
Non-profit
Financial Manager, Grant Accountant
Education
Professor, Researcher
Retail
Financial Analyst, Merchandise Planner
Energy
Accountant, Risk Analyst
| CMA US (Certified Management Accountant US) | CMA India (Cost & Management Accountant Indian) | |
|---|---|---|
| Speed | Faster (1 year) | Slower (3 Years) |
| Entry | Class 12/UG Degree | Class 12 |
| Exams | 2 Parts | 3 Levels |
| Global Recognitions | Yes | No |
| Experience | No Internship | 15-Month Articleship |
Earning Potential
CMAs in Asia typically earn about 50% more than non-CMAs, leading to a significant increase in total compensation.
Median Salary
CMAs in Asia earn a median base salary of around INR 22 lakhs, while non-CMAs earn approximately INR 14 lakhs
Note: Actual salaries may vary based on factors such as experience, location, and job role. However, obtaining the CMA certification consistently demonstrates a clear advantage in earning potential within Asia.
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