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Published date: September 14, 2022
Modified date: September 14, 2022
  • Location: Bangalore, Karnataka, India

­CMA USA Course Details Eligibility Fees and exam dates – Emerging Qualification


The Institute of Management Accountants (IMA) in the United States awards the Certified Management Accountant (CMA), also known as the CMA USA course in India, as the highest level of management accounting certification. 


The IMA offers the US CMA course or certification, which is a global association of accountants and financial specialists in business. It was created in the year of 1919 and has more than 90,000 members across the world with a global reach in over 140 countries through 300 professional and student chapters. 


CMA USA Course


For management accountants and financial professionals, the CMA (Certified Management Accountant) credential has long been the gold standard. Within 6–9 months, you can obtain professional certification through NorthStar Academy.


The IMA awards the CMA Certification. The following are some of the important points you should know about the US CMA course:


 


 


Exam schedules


Exam format


Exam structure


Duration of the course


Indian Rupees Course Fees


Eligibility


Acceptance rate


Curriculum


Exam registration and the CMA course are two of the most important features of CMA USA.


CMA USA Eligibility


Exam Eligibility: You are eligible to appear for the exam immediately after successfully passing the Class 12 exam. This is the most important part of the CMA Journey since after passing the exam, you can apply for jobs even if your certification has been pending.


IMA Membership Eligibility: After passing the CMA Exam, you can apply for IMA certification and membership. Remember, you have 7 years’ from the date of passing the exam to apply for IMA certification and membership.


To apply for IMA certification and membership, you must have a bachelor’s degree or comparable professional certification from an approved college or university have acquired 2 years of relevant work experience.


To be eligible for CMA, you must meet the following requirements:


Join NorthStar Academy for CMA training


Pay the IMA fees through NSA. Remember, you can also pay the fees directly, but paying through NSA, an approved learning partner, would save you a lot of money.


Pay the CMA Entrance Fee. Here again, you can pay directly to IMA, or through NSA since it again would help you save good sum of money in both parts of the exam.


Book the exam with Prometric. You can check out your center and schedule availability


Complete all assessment sections that are required (Clear part 1 and 2)


Acceptance of the IMA’s Statement of Ethical Professional Practice.


Congratulations, you are a CMA now.


NorthStar Academy


CMA USA COURSE


 


CMA USA exam dates 2022


The CMA exam test has been totally revamped and is now administered at Prometric Centers around the world. It’s essential that you schedule your assessments for one of the available testing windows that best meets your needs. You are also advised to book your testing slot ahead of time to ensure that you get your desired testing window (dates and time schedule) for testing.


Exam Pattern for the CMA USA


The CMA test has two parts, and you don’t have to take them in any specific sequence. This means that, depending on your preferences, you can register for any of the two parts first. The CMA test comprises of 100 multiple choice questions (MCQs) and two essay type questions in each part.


The MCQs account for 75% of your overall score on the CMA exam, while essay questions account for 25%. The exam can be scheduled on any day of your choice during the three exam windows namely, Jan – Feb, May-June, Sep – Oct.


CMA Exam Dates Testing Window


Jan-Feb: January 1 to February 28;


May-Jun: May 1 to June 30;


Sep-Oct: September 1 to October 31.


CMA US Exam Format


The two parts of the US CMA Exam are both for four hours and include the following:


Type of question :


Question type    Duration              No of questions Time per question


Multiple Choice 3 hours 100         1.8 minutes


Essay type           1 hour   2              30 minutes


CMA USA Course Duration


At NorthStar Academy the CMA USA course takes six months for both parts to complete. In our comprehensive mode of teaching, we take one part at a time with one month break in between to allow the students to appear for the exam.


On an average CMA USA course at NSA taken between 6 to 9 months to pass, which is significantly shorter time than most other professional certification and courses in finance and management accountant. Completion is determined by a number of elements, including the amount of time you have to study, how you plan your studies, and how well you know your fundamentals.


CMA USA Fees in India


CMA USA course fees varies greatly in different parts of the world typically ranging between 2 to 5 lakhs which includes the CMA training, entrance and membership fees and both parts exam fees.


However, NorthStar Academy provides the best training at much lesser cost. Not just that we provide IMA approved books as part of the package itself. For more details, connect to our career counsellors today.


Global recognition: The US CMA is the most widely recognised management accounting qualification in the world.


CMA USA course details: The course concentrates on the most recent updates, ethics, and financial statement analysis, as well as risk management, with a US GAAP flavour added in the segment to entice companies to hire people who have passed the US CMA Qualification. Unlike other management credentials, CMA USA only offers two tests.


Advantages of CMA USA Course


Academic advantage of a single level degree with only two computer-based exams


International qualification with high global average pass rates of 45%


Academic benefit of a single level certificate with only two computer-based exams


Short-term programme that can be finished in one to two years


CMA professionals make 60% more than their colleagues without a professional certificate, according to a recent poll.


The CMA USA course is only two parts and can be finished in 6 to 9 months. As a result, it’s perfect for people looking to advance their careers quickly.


CMA graduates are in high demand in public and corporate accounting, where they can work as analysts, planners, auditors, managers, and accountants.


Many Big4s in India hire qualified CMAs (USA) for FP&A, Risk advisory profiles (CMA USA focuses on risk management), and Internal FP&A profiles in outsourcing organisations such as Capgemini, Accenture, Amazon, and others. You may also contact NorthStar Academy for additional information on the course, study materials, and placement aid.


Currently, education institutions in Bangalore, Bangalore, and Mumbai, offer CMA coaching. NorthStar Academy has one of the finest faculty team for CMA USA today. Our teaching methodology has helped NSA maintain excellent results year on year. CMA USA fresher salaries in India starts at 4 lakhs per annum.


 


Conclusion


The CMA USA Course is a globally recognised advanced-level accreditation for accountants and financial professionals. Management accountants are critical to a company’s profitability, revenue forecasts, financial planning, and analysis.


Ideally, the CMA USA Qualification will lead you to the position of Financial Controller, and subsequently to the post of Chief Financial Officer of the company. Avail all the benefits by joining NorthStar Academy today, to get the best CMA USA training.


 


 


 


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