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CMA US Course

Discover your financial potential through the CMA US Course! Immerse yourself in strategic decision-making, financial analysis, and leadership skills. Our carefully crafted curriculum keeps you ahead of the curve, promoting teamwork and practical learning. Whether you're a seasoned pro or just starting out, join a vibrant global community dedicated to excellence in finance. Start your journey today!

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US CMA or Certified Management Accountant is a prestigious qualification offered by the Institute of Management Accountants (IMA) USA. The US CMA is a globally recognized qualification that enables you to demonstrate your ability to lead and manage company finances. Read More: https://bradfordlearningglobal.wordpress.com/2022/09/06/career-opportunities-after-the-us-cma-course/

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US CMA Fees and Facts | FY 2022 | Uplift Professionals

We are in the 2022 career path to select our destination. Importantly, when it comes to different career options for a commerce graduate, the most common careers after B. Com includes US CMA, MBA, M. Com, CA to name a few. Among these, US CMA is one such impressive international course in field of management and accounting.

CMA stands for Certified Management Accountant and is offered by the Institute of Certified Management Accountants (IMA). Earning it can give you the career boost you are looking for. Moreover, they have an excellent absorption rate all over the world. Currently, CMA has presence in over 140 countries including the United States (US).

1. Benefits of US CMA

1.1 Career Growth

One of the biggest benefits of having a CMA USA is career growth and development. Several mid and senior-level individuals who wish to acquire expertise in the world of finance, management, accounting and business take-up CMA certification.

1.2 Global Opportunities

CMA USA is a global professional certification and recognized by countries like China, India, UK, Canada, Middle East countries. Above all, it presents an opportunity to settle and work abroad as well as learn about global practices and business ethics.

1.3 Increased financial success

CMA is a lucrative opportunity and can lead to tremendous financial success.

a. 58% of candidates with a CMA USA certificate see an increase in their salaries and benefits.

b. Nearly 37% of candidates between the age 20-29 globally have a salary advantage.

1.4 Short-Duration course

In addition, another advantage of taking up CMA USA is that it can be completed in 12 to 18 months. The exam is conducted thrice in one year giving ample opportunities to candidates to finish their course on time- January and February, May and June & September and October.

1.5 Versatile Certification

CMA is a versatile degree and opens to candidates from an array of specializations. Candidates with a minimum of 2 years of work experience and a bachelor degree programs from areas like engineering, business administration, economics, accountants and finance can take up this course.

2. Eligibility Criteria for US CMA

To pursue this prestigious program by IMA, you need to fulfill certain prerequisites specified by the institution. Candidates with discrepancies in their application or those who fail to meet the requirements will not be allowed to get admission in the course. Mentioned below are major entry requisites of US CMA :

2.1 IMA Membership

2.2 A bachelor’s degree from a renowned institution in a related field.

2.3 You must possess 2 continuous years of work experience in Management Accounting or Financial Accounting.

2.4 You must abide by the IMA’s Statement of Ethical Professional Practice.

3. Exam Structure

The US CMA exam is available in two parts . In order to gain this certification, it is essential for you to qualify for both these parts.

Part 1 or Part 2 examination can be taken in any order but you will only be qualified for the next one if you clear the first examination.

The registration for an exam is valid only for one exam window. Therefore, you have to register again if you wish to appear again for the exam.

The testing window opens up every year in the months of January/ February, May/ June, September/ October. Thus, you can book the slot of your choice and take the examination accordingly.

The exam is a computer-based examination. Each exam duration is 4 hours. It includes 100 MCQ questions and two 30-minute essays.

Top US CMA Exam tips – the preparation strategy [ 2021 Update] :- The most important part is the study/preparation in a guided manner having a proper schedule. Eventually, you will be adapted to the syllabus and format of the US CMA exam. But the ultimate aim is to clear the exam in shorter duration and obviously at first attempt.…continue reading

4. Syllabus

In this section, let us understand the US CMA course syllabus of Part 1 and Part 2.

5. Concerned about US CMA Fees/Costs?

The US CMA salary totally compensates for exam fees and the amount of money you’ll spend on the certification.

Meanwhile, earning US CMA requires a significant financial investment. Therefore, you should consider the exams fees in advance so you can budget properly. To do that, let’s analyze the fees you must pay to become a CMA.

5.1 US CMA Fees

Becoming a CMA is a potential pathway to a great new career or an opportunity to move up in your existing career.

People who work in the accounting profession and get their certification will automatically earn more than those who do not. While it does require a monetary and time investment, this investment definitely pays for itself. That said, most people still want to know what kind of fees they are looking at before they begin.

1. IMA Membership Fee

To register for the exam, you must have a membership with the IMA. Membership requires an annual fee and once you earn the CMA designation, you must continue to pay the IMA membership fee to keep your certification active.

The price of an IMA membership varies depending on your professional status. For example, if you’re already a working professional, choose Professional Membership. Full-time faculty members at accredited institutions would qualify for Academic Memberships, too.

However, individuals enrolled in 6 or more credit hours of classes at a college or university should choose to become Student Members.

Select the membership type which is most relevant to you. The membership you choose will determine the pricing. Thankfully, these costs are not all that high in comparison to other accounting membership fees.

Professional Membership option is the most expensive, while students get a reduced rate.

2. US CMA Entrance Fee

After paying your membership fee, you are required to pay an entrance fee. The IMA membership does not include entrance into the program, which is the route to becoming a CMA in the US. By paying the entrance fee, you’ll become eligible to pursue a US CMA certification.

Unlike the IMA membership fee, the entrance fee is a one-time cost. You will pay when you’re ready to become US CMA certified. The entrance fee depends on your membership type, though.

While the entrance fee is required, it also provides you with benefits beyond entrance into the US CMA program. In short, you’re not just paying a fee for the sake of paying a fee.

2.1 Entrance fee covers the following features and services:

A. A credential review for the educational qualification.

B. A credential review for the experience qualification, too.

C. Six months of access to the Exam Support package, which includes printable practice questions.

D. A final score reports.

E. Performance feedback reports for candidates who do not pass.

F. Personalized number certificate for office display, once you get US CMA certification.

G. Congratulatory notification to your employer or others.

3. Examination Fee

There are fees for taking the US CMA exam itself, as there are with other accounting exams and certifications. Fee is paid in order to sit for the exam.

Once you pay the exam fee, you’ll be able to register and reserve your spot. Also, you must pay the examination fee for each part of the exam you take.

The exam has 2 parts. So examination fee is paid at least twice. If you fail an exam part, you must pay this fee to take the exam again. Because of this people try to pass on the first attempt. The examination fee is the same for both exam parts. The fee also varies per membership type.

4. US CMA Fees Summary

Clearly, being a student or Academic member allows you to take the least expensive path to become a CMA. Besides, if you are a professional accountant, you are most likely making more money than a student. So, it’s easier for your salary to offset these costs. When you look at it this way, you can see that it is just another investment into the career path you choose. There are costs involved in every profession, but getting certified as a CMA will help you make more money now and in the future.

Note:

1. The student discount is for current students only (defined as those who have taken at least 6 credit hours of courses in the past semester). Graduated students do not qualify.

2. There is an extra one-time $15 application fee for first-time registration.

Source: IMA

Now, having an idea of the CMA US fees structure, lets embrace the changes in 2022

6. New US CMA Fee Schedule with effect from March 1 ’2022

According to the recent announcement by IMA, IMA membership dues and CMA program fees will increase as follows beginning March 1, 2022.

6.1 Program Fees – Student

6.2 Program Fees – Professionals

7. Hidden CMA Exam Cost

Now that you know the basics, are there any other fees or exam costs you need to be aware of? In fact, there may be some “hidden” exam costs. This is definitely something you want to know about in advance so you can prepare as much as possible. After you pay the IMA’s CMA fees, you’ll need to account for a few other expenses in order to pass the CMA Review Courses

So, how to study? The IMA does not supply study materials to candidates who enter the CMA program. So, your exam preparation options include anything from free secondhand notes to coaching classes or self-study review courses. These courses offer some of the best products from nationally renowned instructors, the flexibility of studying at home, and generally lower prices. In the US, CMA course fees range from about $600 to $1, 800.

8. Gleim CMA Review

To start, Gleim CMA Review is probably the more popular of the two courses. After all, your Gleim course comes with some of the best video lectures, audio lectures, textbooks, thousands of practice questions and hundreds of sample essays, mock exams, and a personalized study planner. Plus, all of these learning tools are supported by SmartAdapt, Gleim’s proprietary adaptive learning platform. And Gleim also gives you support from exam mentors and content experts who are available to answer questions whenever you have a problem.

9. Career Opportunities after US CMA

This ‘A’ level certification is well-recognized by leading financial and business organizations around the globe. You can explore a vast range of career opportunities after completing CMA USA and some of these are:

9.1 Average US CMA Salaries

US CMA salary in India: Results from IMA’s salary survey-2021:- The latest Middle East/Africa/ India (MEAI) CMA Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that a median salary of a US CMA professional is above 76% higher than non-CMAs, a strong reason why a US CMA course is a career changing qualification. continue reading…

9.2 Job Profiles –Top Companies after Certification

a. Deloitte

b. PwC

c. KPMG

d. EY

e. Accenture

f. Genpact

g. InterTrust

h. Knowcraft Analytics

i. Cognizant

j. Grant Thornton

k. MaxLife Insurance

l. JP Morgan Chase

m. MasterCard

n. Barclays

o. Morgan Stanley

p. HP

10. Conclusion

In conclusion, it can be stated that successful completion of a US CMA course can impart you the sophisticated credential of US CMA. The certification paves the way to grab a better job and elevates your earning potential.

US CMA holders enjoy extensive career variety vis-à-vis job security than their non certified counterparts. The course is now the choice of ambitious students and professionals of accounting and finance domain for heightened chance of standing apart from the conventional accounting crowd.

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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.

Exclusive features of Uplift Professionals

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. The dedicated faculty team for uplift live online US CMA classes are CMA US qualified with incredible marks and have more than 25 years working experience in the corporate world. This help the student to learn and simulate the real-life corporate working conditions which cannot be attained through a CMA pass out faculty only.

D. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. Also, provides full admin support through the dedicated Uplift WhatsApp study group. We have a pass rate of 80% in US CMA course exams.

E. Pass percentage of US CMA students” at first attempt” is about 80% in a duration of 6-9 months in comparison to near about 40-45% pass rate in a global perspective.

F. The small batch size of online classes provides effective interaction with the faculty which help personalized attention towards achieving the target of 80% “pass at first attempt”

G. Affordable US CMA course fees with special discount in your IMA fees.

H. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass. It means once you become an uplift student, you can attend unlimited live online classes till you pass at no extra cost or reregistration fees.

Other features of Uplift Professionals

I. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session,  IMA registration and job assistance.

J. 120 hours of classes (Live Online Interactive Sessions) by veteran CMA faculties from Monday to Saturday from 9 pm to 10:30 pm

K. Recordings of live online classes available

L. In class mock session conducted by the faculty to make student aware of the US CMA exam pattern

M. Doubt clearing session before the exam window

N. Training on soft skills and interview techniques

O. Additional notes prepared by the faculty members on important topics

P. Administration Support towards IMA registration

Q. Job assistance

Request for Live Demo class / contact at +91-8787088850 to book your seats now

Choosing a Student Friendly Institute to Fulfil Your US CMA Dream-Uplift Pro Powered by Gleim

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All About US CMA Part-1 Exam

The US Certified Management Accountant (CMA) exam has two parts.

CMA Part 1: Financial Planning, Performance, and Analytics

CMA Part 2: Strategic Financial Management

In this article, we are going to give detailed insights into the US CMA part-1 exam.

US CMA Part 1 Syllabus:

Part-1 of the US CMA exam is all about financial planning, reporting, internal control, and performance. If you go through the insights of the US CMA part-1 exam it looks more like the CPA-FAR exam, also consists of CPA-AUD in terms of internal control, and has a more in-depth version of CPA-BEC.

Sub-Topics:

Here are the sub-topics of the US CMA part-1 exam:

A.  External Financial Reporting & Decisions

Financial statements

Recognition, measurement, valuation, and disclosure

B. Planning, Budgeting &  Forecasting

Strategic planning

Budgeting concepts

Forecasting techniques

Budgeting methodologies

Annual profit plan and supporting schedules

Top-level planning and analysis

C. Performance Management

Cost and variance measures

Responsibility centers and reporting segments

Performance measures

D. Cost Management

Measurement concepts

Costing systems

Overhead costs

Supply chain management

Business process improvement

E. Internal Controls

Governance, risk, and compliance

System controls and security measures

F. Technology and Analytics

Information systems

Data governance

Technology-enabled finance transformation

Data analytics

US CMA Part-1 Exam Duration:

The US CMA part-1 exam is 3 hours long for MCQs and the second section is of one hour, which consists of essay-type questions. So, the total testing duration is 4 hours.

US CMA Part-1 Exam Format:

On the US CMA part-1 exam, there are 3 parts for the Multiple-Choice Questions (MCQs).

The question stem includes all the necessary details for answering the questions and rarely gives irrelevant information as well.

The correct answer choice responds to the stem well compared to other option answers.

The 3 distractors occur to be correct but actually, they are not the correct answers.

The US CMA part-1 exam consists of 2 essay scenarios. The essay questions may ask one to write paragraphs or to perform certain calculations. While answering a conceptual essay question, the candidate should write as much as they can about the topic and maximize the points.

US CMA Exam Format:

The US CMA exam is completely computerized, and you can take this exam at many Prometric centers all over the world. It’s essential to schedule the exam dates in one of the testing windows. You can choose whichever one suits you accordingly.

Here you can watch US CMA course details by Sripal Jain(CFO of Simandhar Education)

Conclusion:

US Certified Management accountant is a highly sought-after certification for many individuals who are career-minded and who are looking for proper advancement in the world of finance and accounting. If you are planning to choose this as a career option, you need to know all about the CMA USA examination. Hope this article helps you get a detailed insight into the US CMA part-1 exam format, syllabus, exam duration, and testing windows. Although, if you still have any queries related to US CMA, please comment below & we are here to help you with the right solutions.

Simandhar Education:

Simandhar is the official partner of Becker and AICPA – The largest Training provider for US CPA, US CMA, IFRS and EA, HRCI courses in India.

Learn how to clear your CMA exams with extremely satisfying results by getting proper guidance and knowledge through our online courses and video tutorials taught by Industry Experts. We’re here to provide you with all the help that you need in order to ace your CMA exams. We are just a call away for any assistance. Simandhar Education is the leading training provider for the CMA USA in India. Contact us@ 91 9390584166.

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The Certified Management Accountant (𝐂𝐌𝐀) exam focus on a different set of topics. 𝐔𝐒 𝐂𝐌𝐀- Part 1 certification mainly covers Financial Planning, Performance, and Analytics. #uscma #cmaus #uscmacourse #cmausa #cmaexam #cmapart1 #uscmaopportunities #cmausa #simandhareducation #cmacoursedetails #cmausaalaryinIndia #cmausajobopportunitiesinindia

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Certified Management Accountant, well known as CMA, is a renowned management course offered by The Institute for Management Accountants (IMA), a US-based institute. The IMA is the most prestigious association for accounting management professionals. The US CMA qualification offers exceptional value by providing promising career opportunities, international recognition, global qualification, and in-depth knowledge of management, accounting, and business economics. Read More: https://theplanetpost.com/what-is-us-cma-course-and-its-benefits/

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