CMA US Course - PeIX Education

Certified Management Accountant

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What is US CMA?

US CMA (Certified Management Accountant) is a globally recognized, advanced-level certification for accountants and financial professionals. It is awarded by the Institute of Management Accountants (IMA), USA. The US CMA certification is a valuable asset for accountants and financial professionals in India, as it demonstrates their skills and knowledge in a variety of areas, including financial analysis, decision making, and strategic planning.

In which countries US CMA is Recognised?

The CMA US (Certified Management Accountant) certification is recognised in over 150 countries around the world, including United States, Canada, United Kingdom, India, China, Japan, South Korea, Australia, New Zealand, Middle East. This means that CMA US holders can work in any of these countries and be confident that their skills and knowledge will be recognised.

US CMA Course Eligibility for Indians

To get eligible for CMA US Exam, candidates must meet the following requirements:

  • Applicants must have passed their class 10+2 from a recognized board.
  • Aspirants must have Completed/Pursuing Graduation.
  • Applicants must have a good command of English and be able to read and write it fluently.

To get a CMA US Certificate, candidates must meet the following requirements:

  • Education: A bachelor’s degree in any discipline from an accredited college or university.
  • Work experience: Two years of full-time work experience in accounting or finance.
  • Exam: Pass the CMA US exam, which is a two-part exam that covers a wide range of topics in accounting, finance, and management.

Benefits of US CMA Course

Here are some of the advantages of pursuing the CMA US certification:

According to a recent survey by the IMA, the average salary for a CMA US in India is ₹6 lakhs per year. This is significantly higher than the average salary for an accountant or financial professional without the CMA certification.

The CMA US certification can help you advance your career and gain access to more opportunities. Many employers in India prefer to hire CMAs, as they know that these professionals have the skills and knowledge necessary to succeed in the workplace.

The CMA US certification is a respected and recognized credential that can help you enhance your professional standing. It can also help you network with other professionals in your field and learn from their experiences.

The CMA US certification is recognized in over 100 countries around the world. This means that if you decide to work abroad, your CMA US certification will be valid and recognized.

US CMA Course Syllabus

The CMA US Course (Certified Management Accountant) syllabus covers a wide range of topics related to financial analysis, decision making, and strategic planning. The course is divided into two parts: Part 1 and Part 2.

Part 1 – Financial Planning, Performance, and Analytics

Part - 2 Strategic Financial Management

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US CMA Course Exam Pattern

The CMA US Course (Certified Management Accountant) exam is a two-part exam that tests candidates’ knowledge and skills in financial accounting, managerial accounting, economics, and business strategy. The exam is administered by the Institute of Management Accountants (IMA).

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Personal Counselling

PeIX Education offers personalized counselling services, providing one-on-one support and guidance to individuals in exploring their educational and career goals, making informed decisions, and unlocking their full potential.

Recorded Lectures & Live Lectures

PeIX Education offers Recorded Lectures for on-demand learning and Live Lectures for interactive real-time engagement, providing flexible and comprehensive educational experiences.

MCQ Practice / Mock Test

PeIX Education offers MCQ Practice/Mock Tests, providing a comprehensive platform for students to refine their knowledge and test-taking skills through interactive and realistic exam simulations.

Exam Tips

PeIX Education offers valuable exam tips to boost your success. From effective time management to smart study strategies, gain the edge you need to excel in your exams.

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PeIX Education offers comprehensive career guidance, empowering individuals to make informed decisions about their professional paths through personalized advice, skill assessment, and industry insights.

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If so, we can help! We offer free study materials to Become CMA US. Just WhatsApp us “I need Free Study Materials” to get started.

Video Lectures

Access our extensive library of video lectures, tailored for aspiring professionals pursuing certifications such as CMA US Course, US CPA Course, and ACCA Course.

FAQs About US CMA Course

CharacteristicCMA USCMA India
RecognitionMore widely recognizedLess widely recognized
DifficultyIt has only 2 parts to CompleteIt has 3 levels to Complete
OpportunitiesMore opportunities for career advancement and higher salariesFewer opportunities for career advancement and lower salaries
Best forIndian students who want to work in a global environment or pursue a career in management accounting or financial managementIndian students who want to work in India or pursue a career in cost accounting or auditing

No, the CMA US is not a professional degree. It is a professional certification that is awarded to individuals who have met the requirements of the Institute of Management Accountants (IMA). The CMA certification is recognized by employers worldwide and is considered to be a valuable credential for those who work in the field of accounting and finance.

CMAs are in high demand for a variety of job roles, including:

  • Financial analyst
  • Cost accountant
  • Accounting manager
  • Senior accountant
  • Corporate controller
  • Chief financial officer (CFO)

CMAs typically earn higher salaries than non-CMAs, and they have more opportunities for advancement. In fact, a recent study by the CMA Institute found that CMAs in India earn an average of 15% more than non-CMAs.

The salary of a US CMA in India varies depending on experience, industry, and location. Here is a breakdown of the average salary for US CMAs in India by experience level:

  • Entry Level: ₹5 Lakhs per year
  • Mid-Career: ₹7 Lakhs per year
  • Experienced: ₹10 Lakhs per year

The salary of a US CMA in India is also affected by the industry in which they work. For example, US CMAs who work in the finance industry tend to earn higher salaries than those who work in the manufacturing industry.

The CMA US course fees in India in 2023 are as follows:

  • CMA Entrance Fee: $280 for professional members and $210 for students/academic members.
  • CMA Exam Fee: $460 for professional members and $345 for students for each part.

There are currently 9 Prometric testing centers in India where you can take the CMA exam. These centers are located in Ahmedabad, Allahabad, Bangalore, Chennai, Gurgaon, Hyderabad, Kolkata, Mumbai, and Trivandrum.

The CMA US exam window for Indian students is open three times per year, in January/February, May/June, and September/October. The deadline to register for a given CMA exam window is on the 15th of the latter month in that window. You can then schedule your CMA exam date for any time within that window.

No, there is no negative marking in the US CMA exam. This means that you will not lose any marks for answering a question incorrectly. This is a great advantage for Indian students, as many Indian exams have negative marking.

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