Overview of US CMA
Vinod Gupta
Founder and Director @ VG Learning Destination | CA, CMA, CPA, EA, CIA, CFA, ACCA , CFP
Introduction to US CMA
The US Certified Management Accountant offers the highest grade of management accountancy certification in the world. It is conducted by the Institute of Management Accountants (IMA), USA and has a universal accreditation, i.e., it does not required retesting in other regions. It is often regarded as the gold standard in the world of management accountancy profession due to its advanced-level certification methodologies and syllabus.
And the best part – Clear CMA exams in just 6 months rather than years generally taken for similar courses across the globe.
Eligibility Criteria
For students based out of India, below are the eligibility requirements to appear for US CMA examinations:
Students who are pursuing bachelor’s graduation or any other professional certification are also eligible for US CMA certification. They need to submit original certificates or notarized copies in electronic mode within a period of seven years from the date of completion of examinations.
Course Overview
We will now focus on the details of US CMA course, its curriculum, and exam dates.?
Parts (Papers)
US CMA certification requires you to clear only 2 parts(papers) namely:
Students can appear for these parts in any order of their choice, thus offering a lot of flexibility to everyone.
CMA exams are conducted round the year in three different cycles as below. Students can choose to appear on any day across each cycle subject to seats availability.
1.??????May-June – First exam date on 1st May and last exam date on 30th June
2.??????September-October - First exam date on 1st September and last exam date on 31st October
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3.??????January-February - First exam date on 1st January and last exam date on 28th February
Work Experience Requirements
Each student must complete at least 2 years of continuous professional experience in the field of Accounting & Finance to be eligible for becoming a member of the prestigious IMA.?
To be noted: A student has the flexibility to complete this practical training either prior or within seven years of passing both the papers.
Exam Location
Students can also appear for this examination both in India as well as abroad. Thus, one can be a US CMA and reap its benefits, sitting in India.
Opportunities post US CMA qualification
With many multinational corporations (MNCs) having set up their centers of excellence in India, there is a growing demand for cost management accounts who are key to decision making in any organization’s functioning. Also, available are global career opportunities from companies like Oracle, IBM, Morgan Stanely, Accenture, Barclays, Deloitte etc. With a US CMA recognition, a person working in a MNC can expect to have an almost 63% salary advantage over other CMAs across the world.
Below are some of the exciting career profiles/options post CMA qualification:
Advantages of VGLD
We at VGLD aim to make successful careers for our students by offering them best-in-class education, top quality mentoring and latest technology for their studies. Below are some of the advantages of studying US CMA with VGLD:
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