Best CMA USA coaching in Haryana-6 Clear Reasons To Choose CMA USA

Shape Image One
Best CMA USA coaching in Haryana-6 Clear Reasons To Choose CMA USA

Introduction

Looking for better job opportunities in the field of accounting and management? Well! Many professionals and students today are trying to build their career but lacks something which halts their growth. The main reason is the lack of extra effort, which is nowadays counted in terms of relevant certifications listed on your Resume. CMA USA certification could be the game changer for individuals working or starting to build their careers in management, accounting and Finance.

The certification can be pursued while living in Haryana, provided you join the reputed CMA USA coaching in Haryana and follow their lead for the exam. Before getting into the details of CMA USA coaching in Haryana, you must first understand the certification.

Overview of CMA USA

CMA USA is an advanced accounting certification issued by the IMA (Institute of Management Accountants). The Certified Management Accountant (CMA) is the world’s most well-known management accounting certification program. With your knowledge in accounting, Finance, and business, a CMA USA qualification will guarantee that you can work with the management team on important strategic choices at the core of an organization. The US CMA will help you raise the bar for professional excellence, whether your goal is to increase the value you contribute to your present role or your career possibilities.

Reasons To Acquire a CMA USA Certification

Here are some top reasons to enroll in the top CMA USA coaching in Haryana to get this global certification.

  • International Credibility with membership in IMA, globally recognized, and the highest degree in management accounting available in the US.
  • Opportunities in the accounting and finance industries are definitely increasing worldwide, with better salaries and future prospects.
  • Solid understanding of managerial accounting and financial management.
  • International perspective combined with improved confidence and expertise.

Several institutes in India provide CMA USA coaching across the states. These CMA USA certification courses help pass the comprehensive CMA USA exam, leading to several professional options not only in the state but also throughout the world. 

Eligibility Criteria – CMA USA Certification

The CMA program allows you to proceed at your own speed. You can acquire a CMA USA certification in as little as nine months or over the course of three years. Busy professionals will find the CMA program to be a time-saving and cost-effective investment. Candidates must meet the following requirements to get this high-level certificate:

  • Have an active IMA membership
  • Have a bachelor’s degree in accounting, economics, Finance, or management from a prestigious university.
  • A minimum of two years of professional experience in Management Accounting or Financial Management is required. The candidate must fulfill this requirement before or within seven years of completing the exam.
  • Adhere to the IMA’s Statement of Ethics and Professional Practice.

What is the CMA USA Examination Structure?

The CMA program is challenging and relevant. CMA USA is split into two exam sections, and to pass the CMA exam, candidates must clear both portions of the exam.

Part I: Financial Planning, Performance, and Analytics

Part II: Strategic Financial Management

Once a year, there are three slots available for CMA USA exam registration.

  • The CMA USA exam is entirely computer-based. Each section of the exam lasts four hours and consists of 100 multiple-choice questions and two thirty-minute essay questions.
  • Both Exam portions are worth 500 points, and passing each requires 360 points.
  • Every year, the testing window opens in January, May, and October. Candidates can reserve time slots and take the exam when it is convenient for them.

Now, we will cover every facet of CMA USA coaching in Haryana, from course specifics to fee structure to the exam pattern. Let’s understand the major points regarding the CMA USA Course in India.

Course Contents for CMA USA Coaching in Haryana

Before you enroll for the CMA USA course, it is crucial to learn everything about CMA course details in Haryana. This section specifically addresses crucial course content or syllabus, so here you go:

Part 1 – Financial Management, Analytics, and Performance

Technology and Analysis – 15%

Internal Controls – 15%

Cost Management – 15%

Performance Management – 20 %

Planning, Budgeting, and Forecasting – 20%

External Financial Reporting – 15%

Part 2 – Strategic Financial Management Weightage

Analysis of Financial Statements – 20%

Corporate Finance – 20%

Decision Analysis – 25%

Investment Decisions – 10 %

Risk Management – 10%

Professional Ethics – 15%

Fee Structure for CMA USA Coaching in Haryana

The CMA USA course fee is between 1 lakh and 1.5 lakh rupees in Haryana. However, the prices for online courses are typically lower. 

The US CMA certification fee structure is divided into three parts: IMA membership fees, one-time certification registration costs, and examination fees.

Student Category

Particulars Fee (in USD)
Membership Registration fee (Valid for 3 years) $45*3 135
IMA Entrance fee (On time fee) 210
Part 1 Exam fee 345
Part 2 Exam fee 345
Total 1035

Professional Category

Particulars Fee (in USD)
Membership Registration fee (Valid for 3 years) $45*3 260
IMA Entrance fee (On time fee) 280
Part 1 Exam fee 460
Part 2 Exam fee 460
Total 1460

List of US CMA Exam centers in India

Prometric Testing Centers administer the CMA test. Currently, there are ten test centers in and around India where you can book your exam dates:

  • Ahmedabad
  • Allahabad
  • Kolkata
  • Bangalore
  • Mumbai
  • Chennai
  • Dhaka
  • Gurgaon
  • Hyderabad
  • Trivandrum

Career Opportunities for CMA USA

Because accountants with the US CMA certification evaluate budgets and assist businesses in making educated strategic business choices, Certified Management Accountants can fit into various positions, leading to various CMA professions. Some of the most sought-after CMA Jobs are as follows:

Chief Financial Officer: The chief financial officer (CFO) is a senior executive who oversees the firm’s financial operations. These activities include monitoring cash flow, reviewing financial data, and advising corrective steps.

Financial Controller: The financial controller is an important member of an organization’s accounting team. The financial controller ensures appropriate accounting procedures are carried out rather than reporting to a chief financial officer (CFO).

Financial Risk Manager: Financial risk managers examine the financial markets to identify potential changes or trends before taking any risks. The financial risk manager is also in charge of creating plans to lessen the impact of potential hazards.

Financial Analyst: Financial analysts examine data that impacts an organization’s investment plans. They look into the performance of stocks and other investments and advise corporations and people on managing their finances.

Cost Accountant: Cost accountants create budgets, establish standard expenses, and advise businesses on cost-cutting options. This position is critical in determining where a company’s money is being spent and how profitable its activities are.

Apart from all these fields, CMAs may have the chance to manage investments, direct junior accountants, create budgets, finance choices, and more.

Salary of a CMA USA

In India, a freshly certified US CMA with no prior experience might anticipate earning between Rs. 3.5 lakh and Rs. 4 lakh annually. However, if you have prior business experience and a strong academic background, you may earn up to Rs. 6 lakh per year as a fresher. The remuneration will increase as the role does with time and experience. Financial Analysts make an average of Rs 3 lakh per year. A financial controller makes an average salary of Rs 18 lakh. 

Expertise in senior financial management is associated with high pay in this job. The Chief Financial Officer’s (CFO) annual salary can range up to Rs 29 lakh. Most people in this position have at least five years of experience in a related sector.

At all levels of management, CMAs make more money than their colleagues, but senior management roles are where they may make up to 58 per cent more.

How Should You Choose the Best CMA Institute in Haryana?

  • Find out more about the offerings, such as study materials, practice tests, and test scheduling offered by the CMA USA coaching in Haryana.
  • Students should research the institute’s techniques before enrolling in any CMA training in Haryana. Always seek institutions that emphasize teaching students a thorough comprehension of conceptual clarity since doing so will enable students and aspiring accounting professionals to think critically and build analytical abilities.
  • Consider the CMA training centre’s location. Candidates must choose the location that is closest to their homes if they want to join the offline classes. However, candidates can also do the CMA USA coaching in Haryana online since it will spare them important time, energy, and money. They can easily find online classes from the reputed institutes in Haryana to prepare for the CMA USA exam. 
  • Before choosing a Haryana US CMA Institute, the candidates must consider their financial situation. Can they afford the institute’s fees? Additionally, comprehend the institute’s entire cost structure.

FAQs

1. Is coaching or tuition required for CMA training in Haryana?

Enrolling in CMA USA coaching in Haryana is important if you truly want to perform well on the exam. For CMA USA, one might use the self-study strategy, but it won’t work for most people. The coaching center will assist applicants in finishing the course on schedule by offering adequate revision time.

2. Which stream or degree is best for CMA USA?

The US CMA course requires a bachelor’s degree in any discipline. Students pursuing a bachelor’s degree are qualified to take the CMA USA exam. A non-commerce student can also apply for and prepare for the CMA USA examination. However, it will be an easy course to comprehend for a candidate with a degree in accounting, Finance, economics, or general business. The degree will prepare you to comprehend complicated CMA topics by teaching you the fundamentals of management and accounting.

3. Which is the best CMA USA coaching in Haryana?

You must enroll in one of the top CMA Institutes in India for better preparation. After all, getting the right assistance is what you’ll need to ace the exam. One of the top US CMA training programs in India is NorthStar Academy. There are several advantages to applying to the academy. Enroll in the NorthStar Academy’s CMA USA classes in Haryana. You will get speedy comprehension, a high chance of passing the CMA USA exam, leading to positions in internationally known businesses, and much more.

4. Is CMA in demand in Haryana?

CMA’s are in high demand in recent times across major states in India, including Haryana. CMA USA qualification comes with promising jobs, particularly in accounting and Finance, with various placement opportunities in India and abroad. Qualified CMAs are in high demand in the private sector and in government, banking and Finance, education and research, development agencies, services, and the public utility sector. It makes it a demanding credential in Haryana, India, and globally.

5. What is the US CMA salary in India?

The starting salary for a CMA USA fresher is about 4-5 lakhs. However, this number can change based on location, experience, and skill set. Experienced applicants would be paid between 9 and 10 lakh rupees per annum. Compensation is determined solely based on skill sets. Your compensation package could be high if you are highly competent and dynamic. So concentrate on honing your skills.

6. How to become CMA USA in Haryana?

Candidates must meet specific conditions stated by the university in order to seek this renowned certification and become a CMA USA in Haryana. Candidates should have an active IMA membership. Completing the CMA educational (Bachelor’s Degree) and two years of working experience are also required. If you fulfill these prerequisites, you can enroll in the best CMA USA coaching in Haryana to prepare for the CMA USA exam.

7. Which exam part or group is easier?

 Because CMA Part 2 has a greater pass rate than CMA Part 1, many people think that Part 2 is easier than Part 1. Since Part 1 is the first part that most candidates take, many candidates who fail Part 1 never attempt Part 2. As a result, the majority of those taking Part 2 have already passed Part 1, which is the primary reason why the Part 2 pass rate is higher.

Conclusion

Students who want to earn a top-tier management accounting certification from a globally recognized body, like IMA, are frequently looking for the best CMA USA coaching in Haryana. To succeed academically, students need the proper institution run by the best mentor. That’s when NorthStar Academy comes into the picture. This institute for CMA training in Haryana gives students a thorough grasp of the CMA USA exam syllabus and helps them in mastering the concepts. 

The CMA USA course is well-structured and trustworthy because it was developed by experts such as M Irfat sir. These courses aim to give an in-depth overview of the CMA USA exam’s 12 parts with maximum conceptual clarity. The purpose of the NSA’s practice exams is to evaluate how well students have learned over time and determine their readiness for the actual CMA exam. This CMA USA coaching in Haryana has established itself as the most popular CMA USA training institute in India, with an 83% passing rate.

Any questions? Get your questions answered by professionals by contacting us right now at +918147470707

Leave a Reply

Your email address will not be published. Required fields are marked *

    Let us know about your basic qualification

    Set your Professional Goals with us

    Everything is right here! Just fill this form.

      Let us know about your basic qualification

      How to scale up in a Finance Career CMA/CPA ? CMA USA vs CMA India: Which Course is Better in 2023? What Is CPA? Know The Benefits, Eligibility & Syllabus ACCA Syllabus And Papers – Guide to Approach ACCA Exam Why choosing the CMA USA in India? For Students and Professionals? ACCA Job Opportunities & Employers in India How to Pass ACCA Exams – Effective Last-minute Ways How to Become a CMA USA in Dubai, Qatar, and the Middle East: Guide CMA’s Salary in Dubai and the Middle East CMA Salary in India: Expert’s Guide CMA USA vs FRM: Which Is the Best Career Option? US CMA Exam: How much time do I need to study for Fully Prepared? Best CMA USA Online Classes in 2023 Complete Guide To Ace CMA Essays – Navigation Career options after B.Com Passing CMA Part 2: Guide to Cracking the CMA Exam Best career options after B.Com Complete Guide To Ace CMA Essays What are the career options after B.Com Who Is The Best CMA/CPA Mentor In The World ?