Course

CMA Training

Rs 49,000. (Rs 60,000)

Shubham Singhal

Flexible

30+ Students

Everything You Get As Part of the CMA Course Bundle

  • LMS Access: Hock International LMS access with unlimited practice along with 2 years of updates and support.
  • Online Textbooks: Comprehensive, easy-to-read Hock International textbooks viewable across multiple devices to boost your CMA syllabus.
  • Test Bank: Practice questions using an interface like the real exam with detailed explanations and answers to all questions.
  • Mock Exams: Mock exams with challenging questions to provide a final review before taking the real exam.
  • Interactive Support Group: Interactive support group to resolve your queries in real-time. 

What Is CMA Certification? Who Is It For?

The Institute for Management Accountants (IMA), USA, offers the Certified Management Accountant (CMA USA) as the top standard in international management accounting. The CMA USA Course has gained international recognition due to its global recognition in over 150 countries.

For those in the accounting and financial industries who wish to expand their professional horizons internationally in a shorter amount of time—between six and twelve months—the certification is the golden grail.

After completing your 12th-grade education, you can begin preparing for the CMA USA. The CMA certification is the most sought-after in the accounting and finance industry, with employers and recruiters looking for candidates with those letters after their names.

At SMA Institute, we’re your go-to professionals for CMA USA. Our core values are dedicated to helping students achieve the best in their careers and put their best foot forward. Our partnership with the premier providers of HOCK International and customized LMS for students helps us make education a win-win situation for our students.

Is CMA the Right Fit for You?

> You’re a student who just finished their +2 or higher education and is eager to take advantage of possibilities.

> You’re a grad or postgraduate who wants to work in finance or accounting.

> You aspire to be a certified public accountant seeking a faster, more global career in management accounting.

> You’re a professional in the accounting or finance industry who is already employed or eager to grow in all areas of their employment.

The CMA Structure

The Institute of Management Accountants (IMA) offers the CMA certification, a professional credential that attests to a person’s expertise in corporate finance, management accounting, and business management, including strategic planning.

In order to become a CMA, a person needs to fulfill several qualifications. This comprises:

  • Having completed a bachelor’s degree in any field.
  • Two years of management accounting-related employment experience.
  • Having a current, standing membership in the IMA.
  • Passing the CMA test in both sections within three years after starting the program.

There are two essay questions and 100 multiple-choice questions in each section of the CMA test. You get three hours to finish the multiple-choice questions and one hour to finish the essays.

The CMA Roadmap – Let’s Conquer it With SMA Institute

  • The US CMA Exams are administered by the Institute of Management Accountants, the world’s largest management accounting body.
  • 12th in India (Associate degree outside India) is required to appear for the US CMA exams.
  • Graduation is required to be eligible for a CMA Certification.
  • Aspirants pursuing Graduation are also eligible for the US CMA Credential, but they will receive their certification only after completing their Graduation and two years of work experience.
  • The US CMA examination pattern consists of multiple-choice questions (MCQs) as well as essay-type questions.
  • The CMA US exam is a single-level assessment comprising two distinct parts: Part 1 and Part 2.
  • Part 1 and Part 2 are four-hour tests containing about 100 MCQs (3 hours) and two essay questions (1 hour).

What sets the CMA US exam apart is its unique time allocation feature: any unused time from the MCQ section can be carried forward to the essay section, providing candidates with flexibility and ensuring they can allocate their time effectively across both sections.

  • 75% of the examination consists of MCQs (multiple-choice questions), and 25% consists of essay questions.
  • The US CMA exams are graded for 500 points, and an aspirant must score a minimum of 360 (72%) to qualify for the exams. Both parts follow the same pattern.

CMA Exam Fees paid directly to the IMA

Career Opportunities after CMA

  1. Financial Planning and Analysis ( FP&A)
  2. Management consulting services
  3. Accounting
  4. Cost Management
  5. Financial Controller
  6. Budgeting and Forecasting
  7. Internal controls and many more.

Course Duration

The duration of CMA exam preparation is flexible, allowing candidates to tailor their study schedule to their individual preferences. While there is no set course duration, most candidates typically complete both exams within 12 to 18 months.

CMA Exam Scores

CMA Exam Results

It takes approximately six weeks from the end of the month in which you’ve taken your test, IMA will email your exam results to you and also post it in your personal MyIMA transcript.

 

Performance Report

Performance Reports are sent via email by Prometric on behalf of ICMA. They are emailed approximately 14 days after exam results become available. Candidates who do not pass will receive a report that indicates their performance on each of the key topic areas on the exam.

Get Your CMA Certification Today!

Ready to take your career to the next level? Look no further than SMA Institute. With our unwavering commitment to student success, we specialize in helping aspiring professionals pass the CMA exams with flying colors. Our comprehensive materials are meticulously curated to ensure you’re fully prepared to ace the exams on your very first attempt.

Enroll in our CMA Curriculum today to unleash your true potential and propel your career to new heights. Gain exclusive access to a wealth of materials and resources tailored to help you attain your CMA Certification. Plus, enjoy an exclusive discount on our complete materials package.

Don’t settle for mediocrity – join SMA Institute and embark on a journey towards professional excellence.

FAQs

Frequently Asked Questions

The CMA (Certified Management Accountant) certification stands as the gold standard for management accountants and financial professionals worldwide. Tailored to assess critical accounting and financial management competencies, the CMA certification is indispensable for navigating today’s complex business landscape and achieving professional success.

The US CMA certification holds significant value in India’s corporate landscape, especially with the presence of numerous US-based companies such as Accenture, Capgemini, Cognizant, World Bank, D.E. Shaw, and Genpact. Many of these organizations prefer hiring US CMA professionals for roles in Financial Planning and Analysis (FP&A). With its global recognition, the US CMA designation continues to garner increasing demand in the Indian market.

According to the latest IMA survey, the median salary for US CMAs in the United States reaches approximately $101,000 per annum. In India, US CMAs typically command salaries ranging from INR 350,000 to 600,000 per annum. It’s worth noting that compensation packages may vary based on factors such as experience and industry. In recent times, we’ve successfully placed alumni with starting salaries exceeding INR 600,000. However, it’s important to recognize that individual placement outcomes and packages are contingent upon the candidate’s overall skill-set and qualifications.

The CMA exam window refers to the period during which candidates can schedule and sit for the Certified Management Accountant (CMA) exam. The exam window typically consists of several months during which candidates can choose a specific date and time to take each part of the CMA exam.

The CMA exam is offered during three testing windows each year, which are:

  • January/February
  • May/June
  • September/October

No negative marking

There are some general requirements that one needs to follow in order to be eligible for the CMA certification.

  • Candidate needs to have a bachelor’s degree from any accredited college/university or a related professional certification
  • Candidate needs to have an active membership in IMA (Institute of Management Accountants)
  • Candidate has 2 years of professional experience in management accounting or financial management, which can be completed after passing the exam, but are required as a final step to certification
  • The candidate needs to pass both Part 1 & Part 2 of the CMA exam.

Compared to other Indian qualifications such as CA, CS, and ICWAI, the CMA USA certification is often perceived as more manageable. With just two sections to complete, the CMA USA qualification typically requires a shorter duration for preparation and examination.

Place your trust in reputable preparation providers like SMA Institute and Hock International. Dedicate 2-3 hours daily to your preparation, considering the relatively shorter duration of the CMA USA Course. With proper planning and unwavering focus, passing the exams on your first attempt is well within reach.

Yes, there is a promising job scope for US CMAs in India, particularly in multinational corporations and roles related to financial planning and analysis, management accounting, and strategic planning. US CMAs often command competitive salaries and have opportunities for career growth and advancement.

Candidates have the flexibility to choose which part of the CMA exam they want to write first. They can opt to start with either Part 1 or Part 2 of the exam based on their personal preference and preparation strategy.

  • Bachelor’s degree.
  • Pass both CMA exam parts.
  • 2 years of relevant work experience.

CMA exam centers are situated across India and worldwide, facilitated by the Prometric Testing Centers network. These centers adhere to local customs and regulations. To find and schedule exam appointments at a nearby testing center, visit https://www.prometric.com/test-takers/search/icma.