Best CMA course in Himachal Pradesh: Can I self-study CMA USA?

Admin 29 Dec, 20239.1k

CMA course in Himachal Pradesh

The CMA USA certification, accredited by the Institute of Management Accountants (IMA), opens up a whole avenue of excellent job opportunities and career paths in the field of financial management and business accounting. It is a highly sought-after certification by finance and accounting students who want to be placed in some of the top multinational companies in India and abroad.

The USA Certified Management Accountant (CMA) certification comes with a challenging exam to crack, and many candidates aspire to ace it in just one attempt. It can be challenging, but it does not have to be something that consumes all of your time, especially if you are a working professional. Candidates in Himachal Pradesh aspiring to pursue a career in the field of Finance and Accounting can become certified CMA USA by clearing the USA CMA exam.

You can also avail of the top USA CMA course in Himachal Pradesh online from the comfort of your home! Make yourself eligible for your dream job in the field of Finance and Accounting by enrolling yourself in a CMA course in Himachal Pradesh.

This article focuses on the details of the USA CMA exam and the USA CMA course in Himachal Pradesh. Let's get started!

What is CMA USA? Why Should You Pursue it?

The USA Certified Management Accountant (CMA) is a professional certification awarded by the Institute of Management Accountants (IMA) in the field of Finance and Accounting. Candidates who are looking to build a career in the domain of financial management and business accounting opt for the CMA USA exam.

You may be wondering what the benefits are derived from the certification that makes it one of the most preferred certifications in the world by students. We have listed down some of the exciting opportunities that await you after the successful completion of the CMA USA certification exam.

CMA USA professionals are in high demand worldwide, with many big-name companies, like Big 4s, looking for certified CMAs to join on board.

Companies offer lucrative salary packages with top management positions to skilled and experienced USA CMAs.

The CMA USA certification provides an avenue for worldwide recognition to candidates possessing the certification.

Being globally acclaimed, the USA CMA certification gives a global pass to professionals possessing the certification to work anywhere in the world.

Candidates also get the benefit of continuous professional development in the field of financial management and business accounting.

Job satisfaction is another aspect of having a CMA USA job.

It takes determination, effort, and patience to crack the CMA USA certification exam. To make it easier for you, taking up a US CMA course in Himachal Pradesh can provide the guidance and support to advance towards your dream job!

Details of USA CMA Course in Himachal Pradesh

By now, you must be greatly excited to jump into the preparation for the CMA USA exam. Before you start your preparation, it is imperative to understand the details of the USA CMA exam and how you can prepare yourself for getting optimal results.

Whether a beginner or a professional, you can always benefit from a dedicated coaching center. You can avail yourself of a USA CMA course in Himachal Pradesh. Read ahead to learn about the CMA USA course in detail.

Syllabus

The syllabus of the USA CMA course has been divided into two parts based on the exam, namely, Part-I and Part-II. The Part-I syllabus contains Financial Planning, Performance, and Analytics, while the Part-II syllabus contains Strategic Financial Management. Let's look at the syllabus of both parts in detail.

Part-I: Financial Planning, Performance, and Analytics

External Financial Reporting Decisions (15%)
Planning, Budgeting, and Forecasting (20%)
Performance Management (20%)
Cost Management (15%)
Internal Controls (15%)
Technology and Analytics (15%)

Part-II: Strategic Financial Management

Financial Statement Analysis (20%)
Corporate Finance (20%)
Decision Analysis (25%)
Risk Management (10%)
Investment Decisions (10%)
Professional Ethics (15%)

Exam Pattern

As discussed above, the CMA USA certification exam is held in two exam parts- Part I and Part II. To pass the US CMA exam and earn the certification, candidates must pass both parts of the CMA USA exam. Candidates can take the exams in two parts in any order, but it should be noted that candidates can qualify for the other part only after they clear the first part. Interested candidates can enroll in a USA CMA course in Himachal Pradesh to prepare well for this exam.

Candidates must note the following regarding the USA CMA exam:

The registration for an exam of any part is valid one time only. If you wish to reappear for the same exam, you must register again for the entire exam.

The CMA USA exam is held in the following months every year:
- January/February
- May/June
- September/October

Candidates can opt for any exam schedule, depending on their choice.

The CMA USA exam is a computer-based test. Both parts of the exam (i.e., Part-I and Part-II) contain 100 multiple choice questions and 2 Essay type questions.

Each exam part carries 500 maximum marks, of which 375 marks are for MCQs and 125 marks for Essay questions.

The exam duration for both parts of the USA CMA exam is 4 hours each. The Essay type questions are to be completed within 60 minutes.

To pass the exam, candidates must secure a minimum of 75% in both parts of the USA CMA exam. The minimum score needed is 360 marks for each exam part.

Duration of USA CMA Course in Himachal Pradesh

One of the most important aspects of the CMA USA course in Himachal Pradesh is the duration of the course. You can complete the US CMA course in Himachal Pradesh within 6 to 9 months. With the help of the best USA CMA Coaching in Himachal Pradesh, you can become a certified USA CMA within one year! With ample effort, practice, and dedication, along with guidance from a CMA course in Himachal Pradesh, you can crack the US CMA certification exam in just one attempt.

Eligibility Criteria for CMA USA Certification Exam

To apply for the US CMA certification exam, candidates need to fulfill certain eligibility prerequisites as specified by IMA. The eligibility requirements for taking admission to the USA CMA are as follows:

The candidates must have a bachelor's degree from a renowned institution, preferably in a related field of study.

The candidates must have two years of professional experience in financial management and business accounting.

The candidates are also required to have an active membership in IMA.

The candidates should also follow the Statement of Ethical Professional Practice.

If you want to apply for the CMA USA certification, it is essential to fulfilling these requirements. To fare well in the exam, you should be well-versed with the syllabus and the exam pattern, which we have already discussed. Now you should be acquainted with exam fees and the exam and discounted fees of the CMA course in Himachal Pradesh.

CMA USA Fees for Exam and Certification Course

Another important aspect of CMA USA coaching in Himachal Pradesh is the course and the exam fees. Let's first discuss the USA CMA exam fee, and then we will talk about the fees for the USA CMA course in Himachal Pradesh if you wish to enroll and boost your CMA exam preparation.

Exam Fee for CMA USA

To apply for the USA Certified Management Accountant exam, candidates must pay a One Time Registration fee of $15 (included in the first Membership fee). The fee break-up is separate for students and working professionals. Working professionals are required to pay an Entrance fee of $280 and an International Membership fee of $260. Students need to pay an Entrance fee of $210 along with a Membership fee of $135. Students and working professionals must also pay an Examination fee of $345 and $460, respectively.

Course Fee for CMA USA

Candidates who wish to join a CMA institute in Himachal Pradesh can get several exciting discounts on the exam fee if they enroll themselves through a certified coaching partner. Cracking the CMA USA certification exam has now been made easy with the USA CMA course in Himachal Pradesh offered by NorthStar Academy (NSA). Now that everything has been summed up for you, it is time to decide which way to go and when to enroll yourself in the USA CMA course in Himachal Pradesh and make yourself eligible for your dream job at your dream company!

FAQs (Frequently Asked Questions)

1.How do I pass CMA USA on the first attempt?

To pass the CMA USA exam on the first attempt, you need to put the utmost effort and time into the CMA USA exam preparation. Choose the right study material, make a proper timetable and stick to it. Enroll in CMA training in Himachal Pradesh for organized strategic preparation. NorthStar Academy provides the best CMA USA coaching in Himachal Pradesh with a complete focus on the CMA course in Himachal Pradesh.

2.Is CMA USA Easy?

Cracking the CMA USA exam is not going to be easy. You can fare well in the exam with the right amount of dedication, effort, and patience. To help in your preparation, you can join a CMA institute in Himachal Pradesh.

3.Can we self-study CMA USA?

CMA USA is a globally recognized certification. You can use this certification to get a job anywhere in India as well as outside of India. Pursuing CMA USA is completely worth your time and money.

4.Is CMA USA worth it in India?

CMA USA is a globally recognized certification. You can use this certification to get a job anywhere in India as well as outside of India. Pursuing CMA USA is completely worth your time and money.

5.What is the US CMA salary in India?

According to Payscale, a US CMA in India earns around ?8,00,000 per year on average.

Conclusion

It can be a nerve-wracking experience to find proper study material, find what's important, and manage to study while handling a job or understand financial concepts and terms of accounting if you are a student of non-commerce background. Although it takes a lot of consistent effort, dedication, and commitment, you may still miss hitting the bull's eye.

To help in your effort, NorthStar Academy brings you the best CMA USA coaching in Himachal Pradesh. With expert guidance from highly experienced mentors like M Irfat sir, who has helped 15000+ students to crack the CMA USA exam successfully, you can join the crowd of successful candidates too!

We at NSA offer an all-inclusive CMA USA certification course to students and working professionals from different educational backgrounds. In association with Becker, we provide the most preferred study material for the USA CMA course in Himachal Pradesh, which the subject matter experts have carefully curated in accordance with the updated CMA USA exam syllabus.

Wait, there's more! You can now get Bundle discounts on IMA exam fees on enrolling with NorthStar Academy and many more exclusive benefits. You can also enroll in an online course at the best CMA USA coaching in Himachal Pradesh and become a successful USA Certified Management Accountant.