#CMA USA Exam Pattern
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US CMA Syllabus and Paper Pattern 2024
Certified Management Accountant (CMA) is a globally reputed certification course administered and offered by the Institute of Management Accountants (IMA), USA. The course helps students and professionals hone their problem-solving and strategic management skills. The US Certified Management Accountant course syllabus narrows the gap between financial accounting and business management. It is a short course, but cracking the US CMA can be pretty challenging for many. For clearing the US CMA, the first thing you have to do is understand the US CMA syllabus and paper pattern.
US CMA Syllabus 2024
Like the paper, the US CMA exam syllabus is divided into two sections. Part 1 consists of Financial Planning, Performance, and Analytics, while Part 2 consists of Strategic Finance Management. However, if a candidate cannot pass any of the papers, they will have to reappear in the examination.
Next, we will elaborate on the US CMA syllabus for you. With this, you can approach each section of the syllabus with a definite preparation strategy.
Part 1: Financial Planning, Performance, and Analytics
The CMA syllabus for Part 1 covers the following:
External Financial Reporting Decisions (15% of your score)
Planning, Budgeting and Forecasting (20% of your score)
Performance Management (20% of your score)
Cost Management (15% of your score)
Internal Controls (15% of your score)
Technology and Analytics (15% of your score)
Part 2 : Strategic Finance Management
Financial Statement Analysis (20%)
Corporate Finance (20%)
Decision Analysis (25%)
Risk Management (10%)
Investment Decisions (10%)
Professional Ethics (15%)
The US CMA course syllabus needs a minimum of 400 hours of study with the determination and will to succeed in the exam. Dedicating a solid 200 hours to each part is sufficient to clear the examination in about 6 to 9 months.
US CMA Paper Pattern
The US CMA exam is divided into two parts. Part 1 and Part 2. Each paper comprises 500 marks distributed over 100 questions. However, examinees must score a minimum of 360 on each paper to qualify for the programme. Program
The course provides extreme flexibility as you are free to choose the order of the examination. In other words, you can opt for Part 2 and then go for Part 1 and vice versa.
Candidates get 4 hours to attempt each part of the US CMA exam paper. The question paper is again divided into two sections, 100 MCQs per part and essay-type questions ( 5-6 individual questions from 2 essays).
Candidates get 3 hours for solving the MCQs and 1 hour for the essay-type questions. But there is a catch, and please be aware of this. You must solve at least 50% of the MCQs correctly to move on to the essay-type questions. However, you cannot roll back to the MCQ questions once you enter the essay-type section.
Your wait for the results could extend from 40 days to 6 weeks after appearing for the will have to wait 6 weeks or 40 days for the results to get the results of the US CMA exam. The exact allotment of marks for the two sections is not disclosed.
Conclusion
The popularity of the US CMA course is high due to its demand by the Big 4, which includes EY, PwC, KPMG, and Deloitte. MNCs like JP Morgan, BDO, Apple, Accenture, and many more often look for US CMA graduates. A tight-knit study plan with persistent dedication is a must to clear the exam.
You can check out the US CMA course from Zell Education to help you in your journey to becoming a Certified Management Accountant. With its CMA-qualified faculty, 1:1 student mentorship, unlimited practice test, and 100% placement assistance, the course provides tailor-made guidance for success.
FAQ’s on US CMA Syllabus and Paper Pattern 2024
What is the syllabus of CMA US?
The US CMA course syllabus covers financial analysis and strategy, management, planning, and reporting. Furthermore, the syllabus is divided into two parts; Part 1 consists of Financial Planning, Performance, and Analytics, while Part 2 consists of Strategic Finance Management.
Is CMA USA Tough?
Many CMA US aspirants get intimidated by the course’s comprehensive syllabus and exam pattern. The variety and complexity of the topics are also contributing factors to the low passing rate of US CMA globally. For such reasons, it is quite tough compared to exams like US CPA.
What is the paper pattern for CMA US?
The CMA (Certified Management Accountant) US exam has two parts: Part 1 and Part 2. Each part consists of 100 multiple choice questions and two essay questions, and has a testing time of 4 hours. The exam is computer-based and is administered at Prometric testing centres.
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Best CMA Coaching in Bangalore
Best CMA Coaching in Bangalore: Top 5 Institutes for Success
Choosing the right CMA (Certified Management Accountant) coaching can be a game-changer for students aspiring to build a successful career in finance and management. With numerous coaching centers offering CMA courses in Bangalore, finding the best one can be challenging. Students need a coaching institute that not only provides expert guidance but also offers the right support, study material, and mentorship to excel in their exams.
In this blog, we’ll explore the Top 5 CMA Coaching Centers in Bangalore for 2024, focusing on key aspects like faculty expertise, course structure, support services, and student success stories. The list is based on extensive research and feedback from students.
1. iProledge Academy: The Leader in CMA Coaching
iProledge Academy stands out as the best CMA coaching institute in Bangalore for several reasons. Known for its cutting-edge teaching techniques, experienced faculty, and a comprehensive approach to the CMA curriculum, iProledge Academy has helped hundreds of students achieve their CMA certification successfully.
Why Choose iProledge Academy?
Experienced Faculty: iProledge Academy is home to a team of highly qualified CMA instructors with industry experience. They provide real-world insights that help students better understand the subject matter and apply it in professional scenarios.
Updated Study Material: One of the biggest pain points for CMA students is outdated study material. At iProledge Academy, the curriculum is regularly updated to align with the latest CMA exam patterns, making sure that students are always one step ahead.
Personalized Learning Paths: Every student is unique, and iProledge understands that. They offer customized learning plans tailored to the strengths and weaknesses of individual students, ensuring that every aspirant has a clear path to success.
Mock Tests and Practice Papers: iProledge conducts regular mock exams that mimic the real CMA exam environment. This helps students build confidence, manage their time efficiently, and reduce exam anxiety.
Doubt-Solving Sessions: iProledge Academy is known for its interactive sessions where students can get their doubts clarified immediately. These one-on-one or group sessions enhance conceptual clarity and foster better learning.
Flexible Batch Timings: For working professionals or students managing multiple courses, iProledge offers flexible batch timings. Whether you're a full-time student or working part-time, you can find a schedule that works for you.
100% Placement Support: After completing the CMA certification, iProledge also assists students with placement opportunities, helping them land roles in top MNCs and financial institutions.
Success Stories
Many former students of iProledge Academy have cleared the CMA exam on their first attempt. Their success stories highlight the effectiveness of iProledge’s teaching methods and exam-focused approach.
Location: JP Nagar, Bangalore
Courses Offered: CMA India, CMA USA, CS, CA
Website: iProledge Academy
2. Success Edge Academy: Comprehensive CMA Coaching with Student-Centered Focus
Success Edge Academy is another leading institute offering exceptional CMA coaching in Bangalore. Known for its focus on student success and comprehensive study plans, Success Edge has garnered a reputation as one of the best places to prepare for CMA.
Why Choose Success Edge Academy?
Holistic Curriculum: Success Edge Academy covers the entire CMA syllabus in great detail, with a special emphasis on practical applications and real-world scenarios. This makes the learning process more interactive and engaging.
Supportive Faculty: The faculty members at Success Edge are not just knowledgeable; they are also passionate about teaching. They ensure that every student gets the attention they need and understand even the most complex topics with ease.
Extensive Practice Materials: Success Edge provides students with comprehensive study guides, test papers, and case studies to help them practice extensively. Their focus on practice ensures that students can tackle the CMA exam confidently.
Doubt Clarification and Mentorship: Regular doubt-clearing sessions and personalized mentorship programs help students stay on track. The academy’s one-on-one mentorship is particularly appreciated by students struggling with specific topics.
Affordable Fees: Success Edge Academy is known for its affordability without compromising on quality. They offer flexible payment plans, which is a big relief for students looking for top-notch coaching without financial stress.
Career Guidance: The academy also provides career guidance sessions, helping students understand the opportunities available after becoming a CMA. From resume building to interview preparation, they support students at every step.
Student Testimonials
Students have praised the academy for its well-structured course material and continuous support from the faculty. Success Edge’s focus on regular assessment and feedback has helped many students clear the exam on their first try.
Location: Basavanagudi, Bangalore
Courses Offered: CMA India, CMA USA, CA, CS
Website: Success Edge Academy
3. Miles Education: A CMA Powerhouse with International Reach
Miles Education is one of the leading names in CMA coaching, not just in Bangalore but across India. They have a solid reputation for offering world-class education and being an official partner with the Institute of Management Accountants (IMA) for the CMA USA course.
Why Choose Miles Education?
Global Presence: Miles has an international reach, making it ideal for students who may want to pursue a CMA career abroad. Their curriculum is aligned with global standards, which is an advantage for those looking to work in multinational corporations.
Industry-Tied Learning: They offer industry-aligned projects that give students real-world exposure. This helps students develop practical knowledge, which is invaluable for the CMA exam and future job roles.
Fast-Track Programs: Miles Education offers fast-track programs that allow students to complete the CMA certification in a shorter timeframe. This is especially useful for working professionals or those who want to expedite their certification process.
Comprehensive Study Material: Miles provides a rich set of study materials, including textbooks, video lessons, and practice exams, that thoroughly prepare students for the CMA exams.
Location: Indiranagar, Bangalore
Courses Offered: CMA USA, CMA India, CPA
Website: Miles Education
4. Simandhar Education: An Institute Focused on Practical and Theoretical Excellence
Simandhar Education is another well-known institute for CMA coaching, particularly focusing on a balanced approach that includes both theoretical knowledge and practical insights. They have a reputation for helping students understand the deeper nuances of the CMA course and its real-world applications.
Why Choose Simandhar Education?
Experienced Faculty: The instructors at Simandhar have significant experience in the field of management accounting, which enables them to provide practical examples and case studies that make learning easier and more effective.
Advanced Learning Tools: Simandhar offers advanced learning tools like interactive online courses, webinars, and live sessions to make sure that students get the most out of their study time.
Regular Assessments: Simandhar is known for its consistent evaluation of student progress. Regular assessments ensure that students are exam-ready and can handle the pressure of the CMA exams effectively.
Location: Koramangala, Bangalore
Courses Offered: CMA India, CMA USA, CPA, CS
Website: Simandhar Education
5. Zell Education: The Rising Star for CMA Coaching
Zell Education is relatively new to the CMA coaching scene but has quickly made a name for itself due to its modern teaching techniques and flexible course offerings. They focus on providing an immersive learning experience through a combination of online and offline classes.
Why Choose Zell Education?
Blended Learning: Zell offers both online and offline coaching options, making it highly flexible for students. This is particularly useful for those who cannot attend in-person classes regularly.
Affordable and Flexible Payment Plans: Zell provides affordable coaching with flexible payment plans, allowing students to focus on their studies without worrying about financial constraints.
Comprehensive Support: Zell offers complete guidance, from the registration process to exam preparation. Their holistic approach ensures that students feel supported throughout their CMA journey.
Location: Jayanagar, Bangalore
Courses Offered: CMA India, CMA USA, ACCA
Website: Zell Education
Conclusion: Choosing the Right CMA Coaching in Bangalore
Selecting the best CMA coaching institute is a crucial decision that can significantly impact your chances of clearing the exam and building a successful career. While institutes like iProledge Academy and Success Edge Academy offer the best combination of experienced faculty, flexible learning paths, and comprehensive support, other institutes like Miles Education, Simandhar Education, and Zell Education also provide strong alternatives depending on your individual needs.
Whether you're looking for personalized coaching, practical learning opportunities, or international exposure, Bangalore has a variety of coaching institutes to meet your needs. Be sure to assess your own requirements—such as batch timings, learning format (online/offline), faculty quality, and placement support—before making your final decision.
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CMA USA Subjects
CMA USA Subjects and The CMA (Certified Management Accountant) USA certification covers a comprehensive range of subjects essential for expertise in management accounting and financial management. The CMA exam is divided into two parts. Part 1 focuses on Financial Planning, Performance, and Analytics, encompassing topics such as external financial reporting decisions, planning, budgeting, forecasting, performance management, cost management, and internal controls. Part 2 covers Strategic Financial Management, including financial statement analysis, corporate finance, decision analysis, risk management, investment decisions, and professional ethics. These subjects collectively ensure that CMA professionals possess the analytical skills and strategic insight necessary for effective financial decision-making and leadership in today's dynamic business environment.
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US CMA Syllabus and Paper Pattern
Certified Management Accountant (CMA) is a globally reputed certification course administered and offered by the Institute of Management Accountants (IMA), USA. The course helps students and professionals hone their problem-solving and strategic management skills.
The US Certified Management Accountant course syllabus narrows the gap between financial accounting and business management. It is a short course, but cracking the US CMA can be pretty challenging for many. For clearing the CMA, the first thing you have to do is understand the syllabus and paper pattern.
US CMA Syllabus 2022
Like the paper, the US CMA exam syllabus is divided into two sections. Part 1 consists of Financial Planning, Performance, and Analytics, while Part 2 consists of Strategic Finance Management. However, if a candidate cannot pass any of the papers, they will have to reappear in the examination.
Next, we will elaborate on the US CMA syllabus for you. With this, you can approach each section of the syllabus with a definite preparation strategy.
US CMA Paper Pattern
The US CMA exam is divided into two parts. Part 1 and Part 2. Each paper comprises 500 marks distributed over 100 questions. However, examinees must score a minimum of 360 on each paper to qualify for the programmer.
Read More: https://www.zelleducation.com/blog/us-cma-syllabus-and-paper-pattern/
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iProledge's Mission is to make your future-ready by not only making you pass the CMA USA exam but also giving you practical Insights into the Corporate World. iProledge helps you in the Process of learning from the start till the last day of your exam. "Let's make it happen together" This is what iProledge believes in. iProledge is the only platform that provides you every support required to pass CMA USA Classes online in India in 1st Attempt only by providing features like Fortnight Calls, Multiple Test Series, Study Planner (Customised) and Consistent Smart work. Let's work together and ace this exam. CMA USA can be done by students as well as working professionals at their own pace. You just need to promise us 3 hours of study time every day to clear exams within 6 months. We assure you, learning at iProledge is going to be one of the best experiences in your life.
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How Hard Is the CMA USA
ExamFinominal Education is a prominent institution that provides quality education for professional courses like CMA, ACCA, CFA, FRM, Financial Modelling, etc.
Finominal Education has supported more than 1000 students to reach the height of their chosen Finance and Accounting careers. Students here are sufficiently-trained and conducted by industry specialists with full spirit and motivation.
All in all, you may be thinking about what the US CMA Exam is. For what reason is this CMA USA Exam acquiring such a lot of prevalence? For what reason do a large portion of the understudies pick the CMA USA profession?
The US CMA is an extraordinary level confirmation course for the understudies in administration accounting presented by IMA (Institute of Management Accountants), USA.
Difficulty level: How Difficult Is the CMA USA Exam?
Most of the CMA USA aspirants are curious to know how difficult the US CMA Exam is. As the CMA pass rate shows the difficulty level of the exam. Most of the CMA USA candidates are even at a loss to get passing scores. Currently, you might be thinking, what completely makes the CMA exam so hard?
There can be many reasons for the hard level of the exam. But the level of hard isn’t the only matter; the students lack proper guidance. At NSA, students get the best guidance and are provided with modern study material and enough preparation with mock tests and other assessments. The CMA USA aspirants here are guided for a solid study timetable, a level of confidence with mocks, and proper time management.
The US CMA Exam is considered as hardest as it examines the mental limits of a single person.
The average passing rate for both parts is 45%, which suggests less than half of the aspirants taking the test rate will pass. Preparing for any exam requires preparation and so does this.
The Top 3 Reasons for US CMA Exam Difficulty
The scope of material covered in this exam is much small as compared to other accounting and financial courses like CFA and CPA.
A US CMA Exam includes two parts:
Part 1 deals with including budgeting, forecasting, financial accounting, performance management, internal controls, and cost control.
Part 2 deals with corporate finance, financial statement analysis, risk management, decision analysis, professional ethics, and investment decisions.
As mentioned above the passing rate of this exam is less than half, and few lucky candidates get passing scores. You can prepare for the CMA exam after the 12th and must have relevant work experience of two years in 7 years, from the date of passing the exam.
No other accounting background awareness may be contributing to the lower passing rates. A candidate having the same stream has more chances of studying well in the subject. For students who shortage of CMA Basics no worries, take part in the Free Basic classes from NorthStar to start your CMA USA journey.
The exam consists of just 2 Parts that sometimes students feel might be hard enough to pass. And CPA includes 4 parts which show courses are divided equally with less burden.
This generates a kind of fear among the students. To conquer this study schedule, time management and proper guidance are all included in a student to score a passing rate.
US CMA Exam Conditions
The CMA certification just needs a bachelor’s degree to get the final certification and doesn’t need any specific degree for certification. Like other courses which need a specific degree to apply for a course, any bachelor’s degree will make eligible you to take the CMA USA exam.
CMA USA Exam Pattern and Structure
The US CMA Exam consists of two different parts. As told earlier, the passing rate for Part 1 is only 40%, and 50% for Part 2. 100 multiple-choice questions and 2 essay questions are included in each part of the CMA exam.
For the MCQ section, candidates will only have three hours and for the essay section, they will have one hour. CMA Exams are managed at Prometric centers around the world and are computer-based.
BENEFITS OF JOINING FINOMINAL EDUCATION
The CMA- cost management accounting, controlled by the Finominal Education Institute, offers an alumni-level educational plan and assessment program intended to extend your functioning information and down-to-earth abilities connected with investment decision-making This CMA Level 1 Training course (160+ hours of Live classes) provides you with an excellent opportunity to equip exceptionally well for the CMA exam and pass the exam in your first attempt. To know more call or WhatsApp us at 9650353883.
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US CMA Course 2022 | CMA USA | US CMA India | Syllabus, Subjects, Fees, Salary in India
US CMA is the highest level of certification in management accounting, awarded by the IMA.
Listen to Mr. Sripal Jain, CA, CPA, talk about the US CMA Course 2022, CMA USA, US CMA India, Syllabus, Subjects, Fees, Salary, course duration, exam pattern, and job prospects of US CMA.
Timestamps: 00:00 Introduction 0:11 What is US CMA? 0:31 How is it Different from other courses? 0:58 Only two exams to become a US CMA? 1:37 Cost of the US CMA Course? 1:45 What are the job opportunities for US CMA? 2:33 CMA Course Duration? 2:45 What all is covered in US CMA? 3:15 Major profiles once students pass the US CMA Qualification? 3:33 Working in US TAX 4:01 Package or the compensation for US CMA 4:15 Fresher's salary for US CMA 4:20 Can a working professional also do?
For more videos on US CMA: https://bit.ly/3wenZSw
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US CMA Certification: A General Overview
About US CMA certification -
US CMA certification is an accounting management certification that is awarded by IMA (Institute of Management Accountants). It is regarded as one of the topmost accounting and finance certifications in the USA as well as across the world and has huge credibility. US Certified Management Accountant (CMA) is conducted in 2 parts and is cleared within a year.
US CMA Certification Eligibility -
With the certification of this level, the eligibility criteria to appear for US CMA exams is very basic. To get the US CMA certificate, the candidate must fulfill the below criteria -
Must clear part 1 and part 2 of CMA exams
Must have a bachelor’s degree
Have 2 years of professional work experience in finance or accounting
The experience must be fulfilled within 7 years after passing the examination
US CMA Exam Details -
CMA exams cover a wide range of topics that covers the topic of management accounting in detail. The exam is conducted in 2 parts. The first part tests the candidates on Financial Planning, Performance, and Analytics. It includes a wide range of topics including the very new addition ‘Technology and Analytics’. The second part covers topics based on Strategic financial planning. The course is prepared in a way that the candidates, apart from finance and accounting, are able to participate and take important management decisions of the organization too.
US CMA scoring -
The global passing rate of this exam is around or less than 40%. With exams in 2 parts, the passing score in each part is 360 out of 500. The exam has 100 questions with 2 essay questions and the maximum time allotted to complete is 4 hours. Both the parts have the same number of questions and the same time with the common pattern being 75% objectives and 25% essay questions. With three test windows throughout the year, candidates can choose to appear for the exam at their own convenience.
US CMA scope in India -
US CMA certification has a global presence and huge credibility. Being a US CMA in India enhances your career in the field of accounting and finance. With the demand of CMA being higher and supply is less, it not only gives exciting opportunities but also a good payout. With the increase in MNCs in India especially from the USA, the companies have to maintain their accounts on the basis of American accounting standards. Thus if they hire a CA, they need to spend on the training of the candidate but if they hire a CMA, they don’t need to go through that hassle. As the US CMA has knowledge of the American accounting standards, it saves the organization time as well as costs but since its passing rate is less, the demand is higher than the current supply. Besides, CMA, apart from managing accounts, they have the knowledge to take important management decisions as well. This gives them the opportunity to grow faster as well as to reach the top management position as well.
US CMA @Miles Education -
Miles Education is the leading CPA/CMA provider in India. Founded in 2010 by Harvard and Stanford alumni, Miles has a presence in 20+ cities in India, UAE, and US with its office and classroom training. Miles has its own CPA/CMA review course which is ranked as India’s best review course for CPA/CMA training. Miles has corporate partnerships with 220+ MNCs including the Big 4s and institutional tie-ups with 60+ including top B schools like XLRI. With support for placements and many other benefits, enhance your finance and accounting career by choosing Miles as your preparation guidance.
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US CMA course -Breakdown on US CMA course fees
USA CMA
US CMA course (Certified Management Accountant) offered by the IMA (Institute of Management Accountants) has been the global benchmark for finance and management accountants for the past 50 years. Completion of US CMA course and exams will help you be expert in a wide range of business areas including financial planning and analysis. Many students research the US CMA course details, the best US CMA training institutes, the US CMA course fees, Exam pattern and Job opportunities. This article provides insights about complete US CMA course fees.
US CMA course fee structure
The US CMA course fees has two types of fees associated with it.
1. Fees payable for coaching and materials
2. Fees payable to the IMA institute for exam and registration
US CMA IMA fees
The IMA fee paid by professionals and students are different. In general, the US CMA fees consists of three components as below
1. Exam fees
2. Membership fees
3. Entrance fees
US CMA Exam fees
The US CMA course exam fees include fees paid for both parts of the course. Usually fees are paid for one attempt which stands around between USD 311 to USD 415 for students and professionals respectively. Additional exam fees have to be paid again if you don’t clear the exam in the 1st attempt.
US CMA Membership fees
The membership fees is valid for 1 year and ranges between USD 39 to USD 245 for students and professionals respectively
US CMA Entrance fees
Entrance fees are valid for 3 years. The fee ranges between USD 188 to US 245 for students and professionals respectively.
The below table shows summary of the IMA fees.
US CMA course fees
The course fee ranges from institute to institute and across geographies. Keeping that in mind it is imperative to select institute which provide quality education. A good US CMA coaching institute will have globe require mentors who can guide students with the CMA US exam structure, teach them how to solve each MCQ within a stipulated time and handle the essay questions in the right way. The key decision is choosing the best US CMA training institute.
Among all the top US CMA course institutes in India, Uplift PRO is a leader in providing quality education with live online classes. Another of the key achievement of the institute is that, they have a US CMA pass rate of 85% as compared to worldwide pass-percentage for CMA US is 45%. Hence it never compromise on the quality part and provide you a guarantee “Till You Pass”. This is the key reason why Uplift PRO is rated as the best CMA USA coaching center in India, Middle East and Africa.
Key process of US CMA fees
The first stage in joining a US CMA course to select a top institute like Uplift PRO for coaching and prepare for the exams. After starting of the course, discuss with the mentors in registering the exam window for which you want to write.
A. Select the best coaching institute for part 1 and complete the preparations. (Pay for US CMA fees– institute)
B. Register for the part 1 exam and write the exam. (IMA Membership and US CMA exam fees)
C. Prepare for the US CMA course part 2 and complete the preparations
D. Register for the part 2 exam and complete the exam (US CMA exam fees)
Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro
Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.
Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.
Some of our exclusive features include
A. Authorized partner of IMA US CMA course in India
B. Live online classes ensuring that the regular office working hours is least impacted
C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties
D. Affordable US CMA course fees with special discount in your IMA fees.
E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass
F. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session, IMA registration and job assistance.
Request for Live Demo class / contact at +91-8787088850 to book your seats now.
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Christ Management Quota Admission for BCom Strategic Finance
Christ Management Quota Admission for BCom Strategic Finance
The department also provides value added professional programmes and certifications through recognised global bodies such as Institute of Management Accountants (IMA), USA, Chartered Institute for Securities and Investment (CISI), UK and Insurance Institute of India (III). Get Christ Management Quota Admission for BCom Strategic Finance for 2020 Session.
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Programme Highlights
(Get Christ Management Quota Admission for BCom Strategic Finance for 2020 Session)
CMA exam content will be covered in 2, 3 and 4 semesters of the programme curriculum, by IMA authorised trainers using official study materials.
US audit curriculum integrated in semester 5
Evaluation pattern aligned with IMA assessment methods
Usage of case studies and simulations from the IMA and Harvard Business School publishing
Co-curricular/Extra-curricular programmes on a regular basis.
NGO project
Three months Summer Internship in industry.
Research Project & Viva.
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CMA Scholarship program is conducted by the Institute of Management Accountant (IMA). IMA organized this Scholarship Program over 140 countries. The deserving candidates only get all the facilities. This is also an additional quality of any CMA candidates which is recognized as compared to general CMA candidates.
Know more about the USA based CMA Scholarship, screening process, exam patterns, and benefits. Follow this link: http://bit.ly/2mub79w
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Where to Get CMA USA Training in Bangalore?
As soon as you cross the boundary of graduation, difficulties increase — both in the professional world, and perhaps a little more in the educational world. So choosing the path of difficulty that suites you is very important. However difficult education may be, if you break through that tough cocoon, a brighter career and closer steps to success are bound to await you. And, although it might sound monotonous, every student of Commerce generally has a dream degree — CMA. As small the course may sound, so much so is its level of difficulty.
Yes, you heard it right. CMA (Certified Management Accountant) is not an easy task to do. The course content is vast, and the determination and discipline required to stick to the course for a good result are way more robust. But you can make it, if you are determined enough and get the best guidance.
And my dear, guidance comes with nothing but training. A good training institute demonstrates and explains to you the benefits and future opportunities of any course. The importance of CMA USA is not very easy to understand until and unless someone takes the opportunity of explaining you all aspects and prospects of the course. Half of the websites will misguide by boosting up the difficulty level in a very big way. And, in the process of assembling what to study and eliminating what is not necessary, time for preparation keeps on decreasing.
But with a CMA USA training institute, and that too Hi-Educare Education in Bangalore, you can see for yourself the time that you will be saving. The things that are required will be presented to you in the perfect arrangement and logical sequence. Because apart from knowledge, Hi-Educare Education possesses something that you don’t have about CMA USA, and that is nothing but experience.
In the past few years, this institute in Bangalore has gained the reputation of providing high passing rates in the CMA USA examination with great consistency and increasing betterment. An exclusive team of International CMA USA Mentors take up the charge of imparting knowledge and ideas, thereby guiding students to their dream course or maybe the dream degree.
Apart from classroom lectures by eminent teaching professionals, students also get the opportunity of getting exposed to open interactions and dynamics that help them shedding off their inhibitions as they get prepared to aim for becoming internationally valued Management Accountants across the globe. For those who take correspondence courses, enjoy the facility of recorded sessions of the live classes if they miss due to some reason.
Without tests and examinations, education will surely come to a halt. So, after the completion of each chapter and module, online mock exams are held. This will definitely help you to become adept in the area of time management, as well as gain familiarity with the pattern of the examination and types of questions that come in the original examination. Global webinars are also arranged here at times, so that students from different parts of the country can interact freely with each other, exchange ideas, understand concepts through collective learning in a much better way, and above all develop the spirit of competition in their minds.
So, in order to give yourself a boost of determination and way to the perfect guidance, never forget that training is very important in order to strengthen your foundation.
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All You Need to Know About CMA US 2019
What is CMA US?
The Certified Management Accountant (CMA) certification which is administered by the Institute of Management Accountants is the globally recognized benchmark for management accountants and financial professionals. Passing the CMA is a testament to a financial professional’s skill sets in quantitative analysis, logical reasoning and decision-making abilities, all of which are highly valued in the financial world. Earning the CMA can give you the career boost that you have been looking for!
► How can you advance your career with CMA US?
· CV Booster – In order to climb the corporate ladder and earn that CFO title, you need the CMA to showcase your skill set to employers. The CMA is highly sought after by Big 4 auditing firms who use the CMA certification as a benchmark to select the best candidates for their recruitment process. The CMA helps your CV stand out from the rest and gives you that edge over other candidates
· Earn a better title and salary package – Boosting your CV with a CMA which is a testament to your knowledge and skills in management accounting can help you earn a better title for yourself and negotiate for a better salary package.
Did you know?
CMA’s earn 55% more in median total compensation than non-CMA’s. A Young professional between the ages of 20-29 can earn 70% more in salary than non-CMAs.
· Passport to success – The CMA is globally recognized by over 100 countries around the world. So your CMA can help you wherever you decide to advance your career in multi-national corporations around the world.
· Build your professional network – The CMA brings together industry professionals across the financial world, helping you to network with industry leaders from multi-national corporations. Almost 60% of jobs are gained with the help of a strong professional network; this is something that the CMA provides you with.
· Evolve your skill set and become resilient to economic fluctuations – When the economy is bad, jobs are scarce and companies start downsizing, it is during these times that your CMA will help you the most. The skills that the CMA provides you with are indispensable and this will enable you to remain immune to market fluctuations.
· Technology proof –With the rapid advancement of technology, many jobs are being replaced with AI (Artificial Intelligence), this means that as a financial professional you not only have to compete with other professionals but technological advancement as well. The CMA allows you to develop a unique skill set which is irreplaceable by even the best technology out there.
·
► What are your career options after CMA?
· Finance Manager
· Finance Analyst
· Financial Risk Manager
· Financial Controller
· Cost Accountant
· Chief Financial Officer
· Cost Manager
· Relationship Manager
·
► About CMA US Exam
The CMA exam is conducted in two parts. The duration of the exam is about 4 hours and there are 100 questions and two essay questions in each part. The essay question includes 8-10 written responses or calculations for tackling business situations described in the problem.
Part 1 covers financial reporting, planning, performance, and control.
· Length: The exam is broken up into two, you will have 3 hours to finish the multiple choice questions and one hour to finish the essay section.
· Format: Each exam consists of 100 multiple choice questions and two 30 minute essay questions.
· Strategy: Once you finish the MCQ’s you cannot go back. To move onto the essay section, you will need to have got at least 50% of the MCQ’s right.
· Passing Score – The exam is scored on a 0-500 scoring system. To have successfully passed the exam, you need at least a 360 score on the exam.
·
Topic Wise Weightage – Here is the topic wise weightage for the exam syllabus:
· External financial reporting decisions: 15%
· Planning, budgeting, and forecasting: 30%
· Performance management: 20%
· Cost management: 20%
· Internal controls: 15%
·
Pass rate and required study hours – The pass rate is around 50%. The recommended study hours for Part 1 (which is considered to be more difficult than part 2) is 150-170 hours.
Part 2 covers financial decision making.
· Length: The exam is broken up into two, you will have 3 hours to finish the multiple choice questions and one hour to finish the essay section.
· Format: Each exam consists of 100 multiple choice questions and two 30 minute essay questions.
· Strategy: Once you finish the MCQ’s you cannot go back. To move onto the essay section, you will need to have got at least 50% of the MCQ’s right.
· Passing Score: The exam is scored on a 0-500 scoring system. To have successfully passed the exam, you need at least a 360 score on the exam.
·
Pass rate and required study hours – The pass rate is around 50%. The recommended study hours for Part 2 is 150-170 hours.
Topic Wise Weightage – Here is the topic wise weightage for the exam syllabus
· Financial statement analysis: 25%
· Corporate finance: 20%
· Decision analysis: 20%
· Risk management: 10%
· Investment decisions: 15%
· Professional ethics: 10%
·
► When does the exam happen?
The candidate can appear for the examination in any of the following months
· January and February
· May and June
· September and October
In India, the test is administered by Prometric testing centers. You’ll have to schedule your exams at least 72 hours prior to book a slot to appear for the examination.
► Eligibility for CMA USA
To be eligible for the CMA certification, candidates must hold a bachelor’s degree and have two years of full-time continuous work experience in management accounting or financial management and must have passed the CMA US exam.
If you do not have the work experience yet, you can appear for the CMA exam and after having cleared the exam you can get the required experience for the certification.
► Examination Fees
Your CMA exam fee has 3 components. The CMA exam fee is different depending on whether you are a professional, student or an academic. This is the overall fee payment for each category. The information in brackets represents the break-up of the fee.
Student
Academic
Professional
$849 ($39+ $188 + $311)
$945 ($135+$188 + $311)
$1325 ($245 + $250 + $415)
The fee for each category includes the IMA membership fee, the CMA entrance fee, CMA Examination fee. The Fee Break up is as shown below;
· IMA Membership Fee – This is an annual fee which you have to pay while you are pursuing your CMA. Once you clear the CMA exam, you have to pay IMA fees annually to keep your certification active. Again, the IMA fees varies with your professional status. If you are on the path to becoming an accountant or financial manager, you would qualify for professional membership. A full-time faculty member holding teaching positions in Finance at accredited institutions would qualify for an Academic Membership. Students having 6 or more credit hours of classes at university/college would qualify for student membership.
Professional
$245
Academic
$135
Student
$39
Two-year Student
$78
CMA Entrance Fee – The CMA entrance fee allows you to pursue the CMA program. The exam fee is a one-time fee which you have to pay to start the CMA program. The candidate must finish the CMA program within 3 years of enrollment.
Professional
$250
Academic
$188
Student
$188
Two-year Student
$188
· CMA Examination Fee – the CMA registration fee depends on which IMA membership you belong to. This fee covers both the parts of the examination.
Professional
$415
Academic
$311
Student
$311
Two-year Student
$311
Although it may seem a bit pricey to you, the CMA US is an investment on your career and it pays for itself when you get that fat salary package on successfully completing the CMA US. Cost recovery is guaranteed and it is much cheaper than an MBA.
► How hard is the CMA Exam?
Despite having a lot of experience, some people are unable to clear the US CMA exam. Ever thought why? From our experience the three most common reasons are;
► Less time – As most people giving this exam are working professionals, they are not able to devote the required time to study.
► Pennywise, pound foolish- A lot of professionals don’t invest in study materials, lectures, videos, books, a question bank, mock test etc. They don’t realize that one extra exam attempt will cost them approx 25,000 – 30,000 as exam fee. Hence it is wise to invest in study material which will ensure you pass the exam.
► Weak Fundamentals- A lot of people do not have a strong financial acumen which is a must for this course. They may be good at one aspect of accounts – but this course requires you to have a management perspective to accounting. Hence due to a weak foundation, they are unable to grasp advanced concepts despite having required experience.
Ideally, one should study a topic & take the mock test. If he secures above 80%. One is ready to take the exam.
Ensure that you don’t make these common mistakes.
Why
Hi-Educare Best Institute for CMA US
?
(1.) All our experts are CMA certified and know the exam pattern in and out. The CMA tests your ability to give the CMA. Knowing the examination pattern is 80% of the game.
(2.) We periodically review your understanding of key concepts with tests. We have a question bank of over 4000 MCQ’s to help you strengthen your learning in topics that you may not be so confident in.
(3.) Our course material is exhaustive and covers all the core concepts in great depth with easy to understand examples which are great for people who have a weak foundation.
(4.) Our experts provide you with personal assistance on topics that you need to work on to give you the extra push to pass the examination
(5.) We will help you devise shortcut methods to tackle MCQ’s to help save you precious time on the exam.
FAQ’s
Q. Is the age factor a consideration?
Ans: Generally speaking most people take the CMA after college. It helps if you are fresh of college as your ability to memorize is sharp at that stage, but this is not a hard and fast rule. The CMA has a young professional award and the cut off age for that is 33 years (almost 10 years after most people complete their undergraduate degree)
Q. Can you take the CMA if you do not have a background in accounting?
One of the best ways to switch careers is to get a professional certification in that course. The CMA tests the ability of candidates who have existing knowledge of accounting, however, you should know that accounting is not rocket science and it can be learned. Once you get a hold of the basic concepts and fundamentals you are ready to dive into CMA course material.
Q. Can you take the exam before graduation?
Taking the exam early can actually benefit you in your CMA exam preparation. This is because when you are a student your ability to memorize and retain information is the strongest. Over time, this ability depreciates unless you are in the habit of keeping your brain active with problem-solving. Another added advantage of taking the CMA as a student is that you have to pay lower exam fees and you can take advantage of CMA scholarships which allow a student to take the exam for free.
Q. What kind of work experience do you need?
The CMA certification requires two years of continuous full-time work experience. That being said, you can fulfill this requirement before taking the CMA, while taking the CMA or after taking the CMA. Work experience in Management Accounting in a professional setting is needed. Full-time teaching experience in the field of management accounting is also considered as work experience, provided that 60% of your teaching courses covered the topic of advanced accounting.
https://hi-educare.com/all-you-need-to-know-about-cma-us-2019/
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Essay questions are a stress point for many students when they decide to crack the Certified Management Accountancy examination, USA. Since the CMA exam grading system contains Multiple choice questions or MCQs 75% and Essays 25% , it calls for one to be equally proficient in both the areas. The main reason behind say section stress is the fear of the unknown and of course the understanding that it is quite a daunting procedure to crack it successfully. MCQs are mechanically or computer graded. The essay sections are graded by trained and qualified knowledge experts. Graders use an approved scoring rubric so that the grading is objective and consistent.
Essay section of CMA USA examination focuses on testing students –
Examination content knowledge Proficiency in content required to be prepared for
CMA USA
is essential for both Multiple choice part and essay questions. Students should consider reading relevant resources, watching video tutorials or lectures and additionally spend sufficient time in answering practical questions with essays in the form of mock or practice tests. Mocks or practice questions help students apply theory and concepts they have learned. Answering and practicing is more than just memorizing facts, hence it’s vital to learn up the material in such a way so that when you are asked to apply in practical scenarios ,you are capable of doing so. Choose any reputed and reliable mock test or practice test provider and start your scheduled practices in a disciplined manner. Some platforms also provide students a simulated exam environment on their computer which helps them familiarize with exam patterns firsthand.
Student’s ability and skill to apply theoretical concepts in practical and real business scenariosLearning and knowing theoretical concepts does not give enough proof about your application ability. Essay questions however test the way of concepts applications from the practical work force perspective. From the application level when you dig deep into essay questions you should –
Read! Read! & Read ! CAREFULLY to understand what the examiners are expecting.
Identify and link back to major concepts being tested in your mind.
Keep a track by identifying keywords which can make your response to the point. It is a good idea to brainstorm and note as many relevant keywords smartly. Further use the keywords noted and include them correctly in your solution.
It also aims to test how clear and logical are student’s writing skills.
CMA USA
examinations do not test your technical writing abilities. So, it’s smart to focus on simple and clear writing styles. Do not pile up your writing with unnecessary vocabulary. Instead choose a logical path because CMA is looking for clear expressions in terms of essay question solutions. Choose to –
Write correct spellings, proper pronunciation.
Always choose clarity and double check your solution.
Organize effectively in terms of beginning paragraph, middle paragraph and ending paragraph.
The key is to plan and develop actionable strategies to gain the maximum possible benefit of smart techniques. The following best strategies will assist you deal with your anxiety and of course crack what you wish to-
You need to stay absolutely calm and positive. If you get afraid , you would lose out on maximum advantages and take the risk of becoming too nervous to perform in this section.
The key is to gain points wherever possible. So, one such area is showing your assumptions and working notes on-the-go. You have the advantage of earning partial credits in the CMA USA examination for work and assumptions.
You can expect 3-6 questions for each essay scenario given to you.
It’s really important to keep a track of the time you will require for responses. You have the option of scrolling between questions and scenarios within the essay section so that you are able to relate well. It also helps you assess how much time you would need for responses.
Always and only do what is asked for in the question and avoid deviating from providing extra information. Be to the point.
You need to be very focused. Pay close attention to verbs. For example, if the question or essay says – compare or contrast etc.
Do not spend too much time defining something.
Always make it a priority to read the entire question to understand it deeply and cater to what’s required.
Stick to using standard English language.
Stay well organized and deliver clarity in your solutions.
Examiners are inclined towards effective writing. So, make it a point to deliver the same.
You may also choose to use bullet points to keep your solutions short and precise.
Try avoiding leaving your questions blank. Always strive to at least deliver a rough outline or structure of your main points if you run short on time.
Prioritize to show your work because it’s a good space for graders to distribute your grades there. Never take that power away from yourself ,utilize it well.
Use up all the resources available to you specially – TIME. Plan and structure your delivery according to your time frame.
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Are you looking for a successful career in Public Accounting? Hi-educare has made it simple for you to become a CPA US Certified.
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Haresh Ratnagrahi is a Chartered Accountant (FCA), Cost and Management Accountant (CMA-India), Certified Public Accountant (CPA), Certified Management Accountant (CMA US), Certified Information System Auditor (CISA), Certified Financial Manager (CFM), Certified in Risk and Information Systems Control (CRISC), Microsoft Certified Solution Developer (MCSD), SAP Consultant FICO
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US CMA Course 2022 | CMA USA | US CMA India | Syllabus, Subjects, Fees, Salary in India
US CMA is the highest level of certification in management accounting, awarded by the IMA.
Listen to Mr. Sripal Jain, CA, CPA, talk about the US CMA Course 2022, CMA USA, US CMA India, Syllabus, Subjects, Fees, Salary, course duration, exam pattern, and job prospects of US CMA.
Timestamps: 00:00 Introduction 0:11 What is US CMA? 0:31 How is it Different from other courses? 0:58 Only two exams to become a US CMA? 1:37 Cost of the US CMA Course? 1:45 What are the job opportunities for US CMA? 2:33 CMA Course Duration? 2:45 What all is covered in US CMA? 3:15 Major profiles once students pass the US CMA Qualification? 3:33 Working in US TAX 4:01 Package or the compensation for US CMA 4:15 Fresher's salary for US CMA 4:20 Can a working professional also do?
For more videos on US CMA: https://bit.ly/3wenZSw
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