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Acquiring a global certification and gaining relevant experience is ideal for professional development. One such certification that can help you increase your job opportunities in the field of accounting is the CMA USA certification.
Because of the increase in the career prospects and global reach provided by the CMA USA certification, many students/professionals from Arunachal Pradesh and all over India plan to apply for the CMA USA certification. CMA certification is now becoming one of the most preferred options among students wanting to work abroad or in finance and accounting.
However, to become a US CMA-certified accounting professional, you need to put in a lot of hard work and dedication towards this career path. You need to clear two challenging examinations, and preparing for these examinations is anything but easy. However, with proper guidance and coaching, you may be able to crack the CMA USA examinations with ease.
Suppose you reside in Arunachal Pradesh or any other state. In that case, you can still acquire this certification by enrolling in the coaching class from a recognized US CMA Institute in Arunachal Pradesh. You can also find the most respected CMA USA coaching in Arunachal Pradesh to prepare for it.
Now, let us understand the CMA USA Certification.
The Certified Management Accounting (CMA) USA certification, usually known as the US CMA, is one of the most prominent qualifications in the field of Finance and Management Accounting issued by the IMA (Institute of Management Accountants), USA.
It is a highly respected and well-recognized certification all around the globe. Employers worldwide are looking for individuals/working professionals with CMA USA credentials on their Resumes. The certification signifies that the person holding this certification possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.
The CMA USA program equips you with all the skills required to manage and strategically plan a company’s financials. The responsibility of a US CMA professional is immense; a CMA professional is accountable for the management, allocation, and regulation of funds in any business.
Many individuals want to work abroad, and CMA US certification is one of their best career paths. This trend of wanting to work abroad has been picking up in the state of Arunachal Pradesh and all around India. Due to this simple reason, there is an ever-increasing number of candidates enrolling in the US CMA institute in Arunachal Pradesh.
However, it is important to know all about the CMA course before investing time and money into this certification. Let’s first look at the CMA USA course details.
The course of CMA USA is highly comprehensive and prepares the candidates in a precise and guided manner. One can enroll in the CMA USA course via any approved CMA institute in Arunachal Pradesh.
Obtaining a CMA USA certification takes much less time to complete; however, CMA is considered one of the most difficult examinations in finance and managerial accounting. Though, with proper knowledge of the course, one’s preparation journey through the CMA course becomes a tad easier. So, let us begin!
The CMA certification consists of two examinations that one candidate has to clear to become a CMA-certified accounting professional. Each examination has 100 MCQs and 2 Essay type questions. The candidates need to complete each exam in 4 hours or less. To clear these exams, the candidates must score 360 out of 500 marks in both exam parts.
|Name of the course||Certified Management Accountant (CMA), USA|
|Organization conducting the exam||Institute of Management Accountants (IMA)|
|Structure of the Exam||Part 1 & Part 2|
|Number of questions & Marks in each Exam Part.||100 MCQs (375 marks) and 2 Essay type (125 marks) questions. [Candidates have to gain 360 marks in each exam part to pass]|
|Duration||4 hours for each exam part. (3 hours for MCQs and 1 hour for Essay type questions)|
Now that you are familiar with the exam’s basic details let us provide you with the syllabus for both Parts of the CMA USA exam, along with the weightage each part carries.
The official fees for the CMA exams and the CMA course are charged separately. The course fees will differ from one US CMA institute in Arunachal Pradesh to another. Let’s start by knowing the official exam fees for the CMA USA certification, which will remain the same for all.
The CMA USA exam fees can be categorized into three parts. These parts include – Membership fees of IMA, CMA entrance fees, and the US CMA examination fees.
In order to apply for the CMA USA certification, you have to become a member of the IMA. However, anyone can easily become a member of the IMA by paying a membership fee.
At the start, the students have to pay $135 to be a three-year member of the IMA, while the working professionals will be required to pay $260 to get the same. You may have to pay a membership fee annually if you wish to continue your certification after three years.
Once you become a member of the IMA, you need to register yourself for the CMA USA course. The CMA registration fee is around 210 USD for students and 280 USD for working professionals. It is a one-time fee that the CMA aspirants have to pay before the start of their CMA USA journey.
Once you register, you must pass the CMA examination in three years or less. If one fails to pass both examinations in the next three years, he/she may have to go through the registration process again and have to pay the registration fees again.
For each of the exams, the candidates have to pay an examination fee of 345 USD for the students and 460 USD for working professionals.
So, for both the exams, the total fee becomes around 690$ for students and 920$ for professionals.
Here is the reference table for the official fee for the CMA USA Exam, which the IMA will charge.
|Particulars||For Students($)||For Professionals($)|
|Fees for membership of the IMA||$135(3 years)||$260(1 year)|
|CMA entrance fees||$210||$280|
|Part – 1||$345||$460|
|Part – 2||$345||$460|
Moreover, here is the Fee structure for the CMA coaching fee if you want to join the US CMA institute in Arunachal Pradesh.
If you are looking for the best US CMA institute in Arunachal Pradesh, then you should check out the CMA USA course offered by the NorthStar academy. The tutors at NorthStar Academy stress a lot on the basics of accounts and finance, ensuring that students from other backgrounds than commerce can follow along.
The top mentors, like Mr. M. Irfat, will help you master each and every concept present in the CMA study material so that you can crack the CMA USA examination in the first go and become a financial management expert.
Yes, you can do the CMA USA online without any issues. Everything seems to go online in our fast-moving world, so the CMA USA course. The reputed US CMA institute in Arunachal Pradesh allows students to prepare online for the CMA USA examination.
CMA Institute in Arunachal Pradesh or in other states has developed a separate approach to provide the candidates with the best online assistance for getting through the CMA USA certification exam.
You can study for your CMA certification wherever you wish in the whole Indian Subcontinent. The reputed institutes for the CMA USA have branches in various states of India, which can help you prepare for the CMA US examination. You can also join the online US CMA institute in Arunachal Pradesh and prepare for the CMA USA exam
The CMA USA exam is divided into two parts, each part consisting of 6 topics. Here are the details for the topics of each exam, with the weightage each topic carries.
Part 1: Financial Planning, Performance, and Analytics
Decisions on External Financial Reporting (15 percent )
Budgeting, planning, and forecasting (20 percent )
Management of Performance (20 percent )
Management of Costs (15 percent )
Internal Regulations (15 percent )
Analytics and technology (15 percent )
Part 2: Strategic Financial Management
Financial Statement Examination (20 percent )
Finance for Corporations (20 percent )
Analysis of Decisions (25 percent )
Investment Choices (10 percent )
Ethics in the Workplace (15 percent )
Management of Risk (10 percent )
The CMA India is an Indian certification, while the CMA USA is the globally recognized certification in managerial accounting. If you want to work abroad, the CMA USA certification is the best option available, which you can acquire by joining the top US CMA institute in Arunachal Pradesh. However, if you are not planning to go abroad, then CMA India is more than enough to get a high-paying and well-respected job in India.
Obtaining a CMA USA degree takes much less time than some other finance qualifications. It also offers you a thorough knowledge of several financial notions and managerial accounting.
The whole journey of becoming the CMA USA can last up to three years, as three years is the time given to the candidates to pass both CMA examinations. However, the candidates, who dedicate just 20 hours per week to their preparations, are able to clear the CMA USA examination in 6 to 9 months by joining the top US CMA institute in Arunachal Pradesh.
The CMA USA examination is considered one of the challenging certification exams in finance and managerial accounting. The CMA USA certification is indeed a challenging one and tests the intellectual limits of the candidates. The average passing rate for the CMA USA certification is less than 50%. So, it is safe to say that the road to the CMA certification isn’t going to be smooth.
The CMA USA exam is famous among accounting professionals for its rigor and difficulty. To get the CMA USA certification, you must put in a lot of dedication and hard work. Enroll in the reputed US CMA institute in Arunachal Pradesh to achieve your desired qualification.
The CMA USA certification can greatly boost an individual’s career growth. However, the road to the CMA certification is not that easy. It is considered one of the toughest examinations in the field of accounting.
However, you can easily achieve the CMA USA certification with proper guidance and knowledge. NorthStar Academy, the best CMA institute in Arunachal Pradesh, will help you prepare for the CMA USA exam by giving you well-organized study materials in their CMA USA training course. It creates a full roadmap for your success, providing the study schedule covering the entire comprehensive syllabus with the help of 12-section Gleim practice materials.
So, stop searching and just contact us today to discuss with the experts.