Institute of Management Accountants (IMA)
Global Finance &
Accounting profession
Trainers with corporate experience
400+ hours of pre-recorded class and self-learning platform
8 – 15 months of
completion period
Student Scholarships(CMA along with University degree)
700+ hours of blended live training (Online / offline)
Learn with your recruiters
Placement Training and Internship Opportunity
2 Part Exams
12 Competencies
US CMA is a globally recognised, advance credential
appropriate for accountants and finance professionals.
Sept 16, 2024
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics
20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
10% Risk Management
10% Investment Decisions
15% Professional Ethics
4 hours – 100 multiple-choice questions &
two 30-minute essays
4 hours – 100 multiple-choice questions &
two 30-minute essays
1st January to 28th February
Last Date of Registration: 15th February
Exam Results (January Exams): 15th March
Exam Results (February Exams): 15th April
1st May to 30th June
Last Date of Registration: 15th June
Exam Results (January Exams): 15th July
Exam Results (February Exams): 15th August
1st September to 28th October
Last Date of Registration: 15th October
Exam Results (January Exams): 15th November
Exam Results (February Exams): 15th December
You must meet each prerequisite listed below in order to be qualified for CMA Professional certification:
IMA® (Institute of Management Accountants) is one of the largest
and most respected associations focused exclusively on advancing
the management accounting profession. IMA offers its members
exclusive access to the CMA program. We are committed to helping
you – and our network of more than 100,000+ members – to expand
your professional skills, better manage your organization, and
enhance your career.
Visit imanet.org/cma-certification to apply. You
will need to purchase the CMA entrance fee and IMA membership.
The application process takes about 10 minutes.
Register
for the exam. You can register for Part 1 and Part 2 in any
order or register for both at the same time.
Prepare
to complete certification requirements including submitting your
education transcript and work experience. This can be done
before or after passing the exam but is required as a final step
to become certified.
Membership in IMA®.
Entrance into the CMA
program.
Completion of Part 1 and Part 2 of the CMA
exam.
Bachelor’s degree from an accredited college or
university or an equivalent degree as determined by an
independent evaluation agency.
Two continuous years
of professional experience in management accounting or financial
management.
Join IMA
Pay the CMA Certification Entrance Fee
Register
for the CMA exam by paying the exam fee
Receive a
Registration acknowledgment form which provides your
authorization number(s), testing window(s), the Instructions for
Candidates, and access to the CMA Exam Support Package.
Schedule
your exam appointment(s) with Prometric.
Select the
best CMA review course for self-study or take our Online
Instructor-Led Course.
Appear for your scheduled exam
appointment(s) with the required identification documents.
The CMA exams are computer-based and administered at hundreds of
Prometric testing facilities worldwide. With three testing
windows each year, you can sit for an exam at a time and place
convenient for you.
If you are enrolled in the CMA
program and are ready to sit for the exam, here are the
steps:
Pick your testing window. Testing windows are
offered in January/February, May/June, and September/October.
Register
for the exam at www.imaonlinestore.com/
Receive your authorization number(s)
along with
further instructions.
Schedule your exam
appointment(s) with Prometric, our testing partner, at
www.prometric.com/icma
ICMA® (Institute of Certified Management Accountants) is the
certification affiliate of IMA. ICMA is responsible for
developing, administering, and grading the CMA (Certified
Management Accountant) exam; establishing the policies and
procedures for the CMA program; and for ensuring the program’s
overall integrity. The ICMA Board of Regents is responsible for
setting policies, and the ICMA staff is responsible for
operations.
All CMA candidates have three years to pass Part 1 and Part 2 of
the exam. The time period will begin with the date of your entry
into the CMA program. In case if you are unable to clear the
paper within 3 years then you will have to start from the
scratch i.e. pay once again all the fees and prepare well. Also
remember in this three year if you qualify only one paper, post
expiration of your entrance fee will result the passed paper
invalid.
CMA USA certification is issued by the Institute of Management
Accountants (IMA) whereas CMA India certification is issued by
the Institute of Cost Accountants for India. Here are the key
differences between CMA USA and CMA India.
In
comparison of the key features, it is no brainer that CMA USA
certification is superior to CMA India certification in terms of
credibility, exposure, opportunities or pay scale.
US CMA is a prestigious financial certification in all
industries and companies. As per reports, the demand for US CMA
professionals in companies has been on an upward trend for the
past two years.
Companies have been hiring US CMA
professionals for job roles like Financial Accountant, Analyst,
Investment Banker, Internal Auditor, and Budget Analyst. Even
the Big4 finance companies have been hiring US CMA professionals
left and right in many job titles with high pay.
Completing
your US CMA course opens doors to plenty of career
opportunities. Candidates can select their desired job based on
their long-term, and short-term goals and salary.
A certified management accountant (CMA) is a professional who
helps businesses manage their finances and make strategic
decisions. CMAs work with financial statements, budgeting, and
forecasting. They also develop cost-saving strategies and help
businesses make well-informed decisions about where to allocate
their resources.
Both qualifications have their advantages and disadvantages. CA
is generally seen as being more difficult to obtain than CMA.
The process is longer, and there are more exams to pass.
However, this is offset by the fact that CA is widely recognized
and highly respected.
CA is also more focused on
accounting, tax and audit, while CMA is more focused on cost
management and analysis. So it depends on your specific
circumstances and goals.
You have to complete a bachelor's degree in accounting or a
related field. Once you have your degree, you'll need to
pass the CMA Exam, which is administered by the Institute of
Management Accountants (IMA). The CMA Exam is a two-part exam
that covers financial accounting and reporting, as well as
strategic management accounting. After passing the exam,
you'll need to complete a CMA internship before you can
earn your CMA designation.