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Certified Management Accountant(CMA)-U.S.A
CMA is an American Certification awarded by the Institute of ManagementAccountants (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 CGAprogram.
Who can do CMA?
Anyone who has completed a Bachelor’s degree from an accredited collegeor university or pursuing his/her degree is eligible to sit for the CMA Exam.
What is the coursestructure?
The new CMAexam consists of two parts:
Part IExternal Financial Reporting,Planning, Performanceand Control
Part IIFinancial Decision Making
CMA Course Outline:
CMA Part I:External Financial Reporting, Planning,Performance, and Control
· External FinancialReporting 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 StatementAnalysis – 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 CMAexam dates?
Exams are offered in January and February, May and June, September andOctober.
Where CMA exams areadministered?
Exams are administered through the worldwide network of PrometricTesting Centers. To locate a Testing Center and to schedule exam appointments,visitwww.prometric.com/icma.
Fee
| CMA Certification Fee | ||||||
|---|---|---|---|---|---|---|
| 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 | ||||||
Address:
HEADQUARTER ADDRESS
201, SM Plaza, Next to Radhika Movieplex,
Dr. A.S.Rao Nagar
Hyderabad , India
+9140-27142211
+91 800 8000 311
BRANCH OFFICE
Office402, BankStreet Building
(UblBuilding), Bank Street,
BurDubai,Dubai,United Arab Emirates.
00 97 150 3940 459
