The Certified Management Accountant (CMA) USA credential signifies the highest standard of excellence in management accounting. Setting the global standard for management accountants, US CMAs are valued by employers around the world for their professional expertise, ethical conduct, and commitment to lifelong learning.
The CMA USA Certification is designed to develop world-class management accounting professionals who can drive value and enable strategic decision-making in organizations. The certification program covers a broad range of topics, including Financial Accounting, Reporting and Analysis, managerial finance, and many more.
With the CMA credential, you will be able to find job opportunities in both the public and private sectors. In addition, you will be able to pursue advanced career paths such as financial analyst, controller, treasurer, or chief financial officer.
Now, let us first understand the CMA USA certification exam and its eligibility requirements.
Eligibility requirements for the CMA USA include a bachelor’s degree from an accredited institution, two years of professional experience in a management accounting or financial management role, and passing grades on the two-part CMA USA certification exam.
The exam is administered by the Institute of Management Accountants (IMA) and consists of a multiple-choice section and an essay section. The CMA USA in Bangladesh is a computer-based assessment that covers financial management topics in depth.
|Certification Name||Certified Management Accountant (CMA), USA|
|Institution||Institute of Management Accountants (IMA)|
|Number of Question||100 MCQs and 2 Essay-Type questions in Each Part|
|Exam Structure||Part 1 & Part 2|
|Duration||4 Hours (3 Hours for MCQs and 1 Hour for Essay-type questions)|
|Maximum & Required Passing Marks||Both the CMA USA Exam Parts carry 500 maximum marks, out of which 360 marks are required to pass the exam.|
The exam is offered three times per year, in January/February, May/June, and September/October, and each testing period is known as a “window.”
Candidates can register for the exam during any one of these windows and can take the exam at any time during the window.
With that said, let’s take a look at the Tables below to learn more about the US CMA course in Bangladesh syllabus for Part 1 and Part 2.
|Part 1: Financial Planning, Performance, and Analytics||Weightage|
|Planning, Budgeting, and Forecasting||20%|
|External Financial Reporting Decisions||15%|
|Technology and Analysis||15%|
|Part 2: Strategic Financial Management||Weightage|
|Financial Statement Analysis||20%|
The Certified Management Accountant (CMA) USA qualification is globally recognized as the gold standard in management accounting. The CMA USA curriculum covers a broad range of topics, from financial reporting and Analysis to strategic planning and decision-making. CMA USA qualifications are well-regarded for their emphasis on critical thinking and practical application.
As a result, CMAs are often able to command higher salaries and better job prospects. In addition, CMA USA qualifications provide a strong foundation for further study and professional development. For these reasons, CMA USA in Bangladesh qualifications are highly sought after by employers and beyond.
Whatever route you take, the CMA USA in Bangladesh certification will give you the skills and knowledge to succeed in a wide range of exciting career opportunities.
The Certified Management Accountant (CMA) credential is in high demand internationally and is well known throughout Bangladesh. The CMAs are often looked to for their expertise in financial planning, Analysis, and decision-making. With a CMA certification, you will be prepared to take on leadership roles and make an impact in your organization. Here are some of the benefits of CMA USA in Bangladesh:
Thus, you will be better prepared for a leadership role in a global organization. If you’re serious about a career in finance, getting your CMA USA in Bangladesh certification is a smart move.
In Bangladesh, CMA USA is aimed at supporting management accounting and finance professionals who are interested in managing their financial affairs. Typically, CMAs adhere to the highest ethical and professional standards. Many multinational companies and employers value the CMA designation, and there is an increase in demand for CMA USA in Bangladesh due to the arrival of multinational corporations and offshore establishments. In Bangladesh, a CMA fresher can expect to earn between Rs. 4 lakh and Rs. 6 lakh annually if they have good academic skills, whereas experienced candidates can expect to earn between BDT 8.3 lakhs and BDT 14.26 lakhs annually.
Currently, CMA USA in Bangladesh offers the following positions with an annual salary package. Here is the table for a better understanding of salaries for various top positions that CMA USA can have.
|Job Profiles||Average Salaries (in BDT)|
Bangladesh is on the Asian continent, which has a lot of job opportunities for CMA USA. It is also a well-known and highly paid qualification. You can use the CMA to find a job anywhere.
After completing the Certified Management Accountant (CMA) USA certification, you will be equipped with the skills and knowledge to pursue a variety of exciting career opportunities in both the financial and business sectors.
There are several top management positions held by CMA USA in Bangladesh! Check out these job opportunities:
Let’s discuss some of the Job Roles in detail that you can get after acquiring the CMA USA certification.
Avg. Annual Salary: $ 50,899
With cost accountants, companies can reduce costs and increase profits. To minimize financial waste and maximize profit, cost accountants analyze a business’s production costs. As a CMA professional, you will be able to choose from a wide variety of advanced accounting positions, including those in financial control.
Avg. Annual Salary: $ 55,100
You can rely on financial analysts for investment advice on where to invest and when to sell. They spend most of their time analyzing financial data and determining when to invest and when to sell.
The CMA certification is almost always required for advancement in this industry. With only an undergraduate accounting degree, it may be possible to land an entry-level or junior position as a financial analyst.
With a CMA, financial analysts can advance to positions as portfolio managers, investment partners, or financial consultants.
Avg. Annual Salary: $ 74,032
The chief accounting officer is also known as the corporate controller. A financial report, income statement, and future earnings estimate are produced by this position, which reports to the chief financial officer (or CFO). Accounting managers, cost accounting managers, and payroll managers are often supervised by corporate controllers, so US CMAs are preferred. CMA USA certification provides valuable knowledge for this type of management position.
Avg. Annual Salary: $ 117,840
A CMA USA certification will enable you to become a Chief Financial Officer. It is often a step below or to the left of the CEO to oversee financial reporting, company investments, and financial forecasts and make final decisions regarding major business decisions. A CMA USA is essential to achieving a high-level position in accounting – a CPA is also a plus.
Avg. Annual Salary: $ 50,128
Insurers and finance companies employ financial planners who assist retail clients with their finances by advising on retirement planning, saving for college, investing, and other financial decisions. If you are trying to get a job as a financial planner and move up in the industry, having CMA USA certification shows you have some understanding and skills around developing financial strategies.
To become a CMA, you must pass a rigorous two-part exam that covers financial planning, Analysis, and control. CMA USA examinations are conducted only in English. You can take the exam at any of the Prometric testing centers located around the world.
The annual salary of the CMA USA in Bangladesh can range from 4 lakhs to 18 lakhs, depending on the experience, expertise, and organization you work in. The CMA USA career is pretty lucrative, and salary sees no bounds with experience.
Yes, you can do CMA USA in Bangladesh. There are various CMA USA coaching in Bangladesh, providing the best CMA USA certification course. They will cover a wide range of topics, such as financial accounting, reporting, Analysis, and managerial finance.
The 12 subjects in the CMA USA exam are divided into two parts comprising six subjects each.
Part 1: Financial Planning, Performance, and Analytics
Performance Management- 20%
Planning, Budgeting, and Forecasting- 20%
Internal Controls- 15%
External Financial Reporting Decisions- 15%
Technology and Analysis- 15%
Cost Management- 15%
Part 2: Strategic Financial Management
Decision Analysis- 25%
Financial Statement Analysis- 20%
Corporate Finance- 20%
Professional Ethics- 15%
Risk Management- 10%
Investment Decisions- 10%
CMA USA Bangladesh is better than CMA India, as it is recognized globally and can provide multiple job opportunities all across the globe. Moreover, it can offer the chance to work and settle abroad.
The CMA USA course is better than the CMA India course. It is because CMA USA Bangladesh has a global reputation.
If we are talking of the CMA USA, then yes, it is recognized in the USA and globally, providing better career prospects and growth.
If you are looking for a certification course for CMA USA in Bangladesh, then it is important to consider all the factors involved. The increased earning potential and career opportunities after obtaining this qualification make it one of the best choices you can make. You can always join the NorthStar Academy (NSA) to boost your preparation and ensure success in the CMA USA exam.
At NorthStar Academy, we provide the oldest and most preferred material as well as 12-section-wise study material with section-wise formula books and essay case study books. We also offer bundle discounts on the IMA exam fees with our CMA USA Certification course so that you can save more money while preparing for your exams. With increased earning potential and career opportunities after obtaining your CMA certification, now is the time to get started on your journey to becoming a certified management accountant.
Contact us today for more information or to sign up for one of our upcoming courses!+918147470707