Certified Management Accountant (CMA) USA is the highest professional accounting and financial management certification.
If you have the vision to change the world and want the freedom to choose from a wide range of careers. In that case, the CMA USA provides you with knowledge in financial planning, risk management, corporate finance, accounting, and analysis. Hence it is the best decision for your career and is highly valued by recruiters.
A CMA USA certification not only helps you bring skills to the corporate table but also strategic thinking and work experience to elevate your career to the next level.
Hence, companies like the Big 4 or other MNCs like JP Morgan, Hewlett Packard and Accenture prefer candidates with a CMA USA certification. It adds value to any organisation, and when the target is to compete in a fast-evolving market – a CMA degree holder bridges the skills in the market.
The CMA exam consists of two parts listed below :
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics
20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
10% Risk Management
10% Investment Decisions
15% Professional Ethics
The CMA is a computer-based examination with 2 parts. Each part of CMA consists of 100 MCQs with 3 hours and two essay questions within 1 hour.
To gain this highly competitive complete this certification,
To pass the CMA USA exam at one go, you should enroll in NorthStar Academy’s best comprehensive CMA USA programs, under the guidance of experienced faculty M Irfat.
You will be able to learn from the basics and develop a clear foundation of the CMA concepts.
If you are concerned about registering for the CMA USA exam, this will help you understand everything you need to know about registering with Prometric.
Before planning the exam with Prometric, you need to join the IMA, complete the registration by paying the fees and wait for the confirmation message.
To become a member of the Institute of Management Accountants (IMA), one has to fill in the registration form depending on the career status – a professional membership, an academic membership, or a student membership.
A nominal amount has to be paid for the registration. An IMA online account has to be created with a new password to pay the fees and register for the test. After you’re an IMA member, you have to pay a one-time entrance fee to be able to sit for the exam.
Since there are two parts to the exam, you will have to pay this fee at least twice. If in case you fail a part of the exam, you’ll have to pay the fee an additional time to retake it.
Once the registration and payment of fees are made, you’ll receive the information you need to set your CMA exam final schedule. You’ll get an email with your authorization number and further instructions to plan with a Prometric test centre for the CMA USA exam.
Open the Prometric website which will bring you to a page to select the state you want to take the exam. Find a testing center at a convenient location and then select a time and date to write the exam.
It will also have a lot of information about eligibility seat availability for Prometric’s CMA exam.
The CMA USA exam offers three testing periods each year that last for two months. The testing periods are:
January – February
May – June
September – October
You can book the slots as per your choice and take the examination. Choose a slot that will enable you to complete all your preparation, give mock tests, and have ample time for revision. NorthStar Academy’s mock tests will give you the confidence to clear your exam in one attempt.
If you want to choose CMA USA Testing Centre and schedule exam appointments, you can visit https://www.prometric.com/test-takers/search/icma
Scheduling the CMA USA exam:
Prometrics recommends getting everything set at least six weeks before attempting the CMA test. This gives plenty of time for paperwork and is stress free at the last minute.
The schedule and reschedule can be easily done at the IMA website and ICMA Prometric sites.. To check your exam status, you need to provide the confirmation number, which you received when you initially scheduled your exam.
To know additional information like Test Distribution, Test Administration, Eligibility, Billing and Payment can be acquired by clicking Prometric.com.
A valid, government-issued passport is required as your only form of ID on the day of the test.
In case you don’t have a passport, you can use two other forms of ID for verification. They must be current and also have a signature on them.
These forms of identification that Prometric will accept include :
In January 2022, candidates can take the CMA USA exam online via remote proctoring instead of in-person at a Prometric centre. Prometric will supervise your exam from your computer’s webcam while taking the test at home through ProProctor.
The process of registration is the same. You need to still register for the CMA exam and then go to the Prometric website to schedule your test. However, you can only take the exam during the three testing windows. Date and time to take the exam must be selected since someone from Prometric must be available to supervise you remotely.
When you schedule your exam with Prometric, you can choose remote proctoring. After scheduling your test, Prometric will email you a set of instructions to use the ProProctorTM service.
The most important aspect of being a CMA USA is the growth and development of an individual. You can become an expert in the fields of finance, management, and accounting after acquiring the CMA Certification.
CMA USA is an international professional certification recognized by developing countries like China, India, UK, Canada, Middle East countries. It gives an opportunity to work abroad, gain worldwide exposure as well as learn business ethics at an international level.
Being a CMA is a profitable opportunity leading to tremendous financial success. Candidates with a CMA USA certificate see a rise in their salaries and gain huge benefits from being a CMA.
CMA USA is a short duration course of 6-9 months which is an added advantage. With NorthStar Academy’s Comprehensive CMA program, you are sure to clear it in the very first attempt.
Ans: A simple Prometric calculator that isn’t programmable can be used except financial calculators. Some of the specified models which are allowed are:
Texas Instruments TI BA II Plus
Hewlett-Packard HP 10bII
Ans: CMA USA is a computerised exam conducted in two parts with 100 multiple-choice questions and two essay questions within 4 hours.
You are eligible to take the exam on any weekday within the testing windows of January/February, May/June, and September/October through Prometric testing centres.
Ans: Institute of Management Accountants or IMA, is the globally recognized body of accountants and financial professionals such as CMA USA and CSCA.
Ans: M. Irfat sir has been acclaimed as the best mentor for CMA USA. He is referred to as the God of Costing by his students for his ability to teach.
He is a certified CA, CMA USA, CPA, and CIMA UK with over two decades of teaching experience.
Ans: NorthStar Academy is the best institute for US CMA online classes. You can register for live or online classes with NorthStar Academy for a great conceptual learning experience.
Ans: CMA USA Exams are offered in three testing windows around the year:
January and February
May and June
September and October
Ans : CMA USA exam part may be taken only once in a testing window. All exam retakes require a new intake along with payment of appropriate exam fees
Ans: On the day of CMA USA Exam, you should arrive 30 minutes before exam timing.
Ans: Usually most of the students and professionals prefer to take exam in prometric centres. After Pandemic there is a new rule in where students can take exams online.
Ans: To book the CMA USA you’ll have to visit ICMA prometric website to book: Here is the https://www.prometric.com/test-takers/search/icma.