The Institute of Management Accountants (IMA) in the United States awards this top degree for accounting management accreditation. Certified Management Accountant (CMA). This is an internationally recognised, enhanced certificate ideal for company finance specialists.
US CMA’s programme, which spans two tests, employs several of the latest innovative assessment procedures to determine whether managing accountancy hopefuls from all around the globe are deserving of the title CMA. Annually, thousands of hopeful candidates attempt the US CMA exam in order to kick-start their careers as Management Accountants, Financial Analysts, etc.
Now, without further ado, let us understand the CMA in brief before understanding how to access the best CMA study material.
US CMA course has developed potential into future corporate executives, thus selecting CMA as a profession is a wise decision. Currently, this program is growing enormous appeal among business undergraduates, particularly learners who strive to make it big in the domain of Finance & Management Accounting.
The IMA (Institute of Management Accountants) of the United States offers the CMA USA in india or US CMA Program accreditation, which is the largest global organization of accounting experts in the industry. It has 90,000+ memberships with a worldwide impact of 140 nations via 300 corporate and youth branches.
CMA USA qualification has been recognised as the gold standard for managing investors and financial experts. In 6-9 months, one could now obtain this specialized qualification from the United States.
NorthStar Academy is the recognized institute offering the Best CMA USA certificate course today. The Institute has trained 15000+ students with its top-tier mentors, curriculum and CMA study material
Here are a few useful tools/tips students could use immediately, ensuring you to prepare well. Many sources provide CMA study material.
There are multiple sources from where interested applicants can access and download CMA study material and prepare.
The CMA study material provided by NorthStar Academy covers every topics included in the syllabus. This certification can be completed within 6 months to 3 years, based upon the candidate’s strategy & training program. According to IMA criteria, the candidate should finish their tests in three years after registering.
The test format includes both MCQs and essay problems. Part 1 and Part 2 both comprise 4–hour tests with around 100 MCQs (375 marks) & two essay topics (125 marks). This sums the total marks of the exam to 500 marks out of which 360 marks are mandatory to pass. Applicants will be given three hours to solve these 100 MCQs and one hour to tackle the essay questions..
The weightage of each sections in CMA USA is given below:
Part 1: Financial Planning, Performance, and Analytics
Part 2: Strategic Financial Management
When you enroll in the top-end course of the CMA USA by NorthStar Academy, you specifically get the 12 books for all the 12 sections. These books are designed and planned to make the entire learning process smooth and easy for the students. You can enroll in the CMA USA course to get access to all the study material along with our support at every step.
The NorthStar Academy offers all the relevant study materials to interested applicants. NSA has a reputation for training over 15000 students and a global reach and reputation with optimum quality study materials for various courses in the financial field. Our top mentors provide the best support & mentorship in acquiring the CMA USA certification.
The CMA Foundation test is its initial stage of the CMA course, and it is given 2 times a year, once in June & once in December. ICMAI administers the nationwide CMA Foundation test digitally from home. ICMAI maintains the enrollment for this course all year.
For the foundation course, CMA study material will consist of topics related to the following areas-
The Institute of Certified Management Accountants (ICMA), as the designers of the CMA test, is ideally qualified to provide applicants with personal exam experience. Their simulator simulates test capabilities and allows you to examine the test UI. The practice exams allow you to explore the examination structure and experiment with the different sorts of examination questions and resources. Although the practice exam is not as long as the CMA test, it may still be considered beneficial for the candidates.
The CMA test is extremely demanding and will put your wits to the test. The industrial aggregate CMA passing percentage for both portions is only 45 percent, which means that only around half of those who take the exam will qualify. The CMA is a challenging exam known for its severity and complexity, and one must study if they wish to qualify.
CMA group 1 is simple for applicants with industrial expertise. CMA Group 2 passing percentages are greater than group 1 passing percentages. As a result, passing the CMA intermediate group 2 test is simple as passing the group 1 test.The CMA is a challenging exam known for its severity and complexity, and one must study hard if they wish to qualify.
For the final course, CMA study material will comprise topics related to the following areas:
Several of the resources listed here will aid you succeed on the US CMA test for sure. These are the special editions that are specifically designed for individuals who want to excel in the financial management field while developing their business acumen.
Here are some of the CMA study materials. Continue reading and learning and make use of these to enhance your knowledge.
These CMA study materials by Gleim are quite useful and interested candidates must utilize them with utmost sincerity. To access study material, you can visit Gleim’s official website and pay the price of the Software.
1. How can I get CMA study material?
The NorthStar Academy provides the best US CMA study material along with the 12 section-wise materials, which is easy to understand the syllabus.
2. What is the material of CMA?
Every topic included in the CMA core curriculum is included individually inside the CMA USA learning resources and other CMA study material sources.
One can check out NorthStar Academy materials that are extremely useful in any candidate’s preparations and help in getting material- https://www.northstaracad.com/cma-usa/
3. What are the subjects to study for the US CMA?
The CMA USA exam has two parts for a single exam. These two parts have different subjects to cover as per the percentage break-up which has provided below. You can take the two parts whenever you are comfortable, moreover, these exam parts can be taken with months or weeks gap between them. Prepare and collect the CMA study material accordingly.
The following is the entire US CMA Syllabus listing:
Part 1: Financial Planning, Performance, and Analytics
Part 2: Strategic Financial Management
Along with the topics/subjects, here is the percentage break-up by which you should prioritize them for the exam preparation.
4. Which CMA material is best?
There are multiple organizations that will boast that their CMA US study material is the optimum choice for preparation, and the only way to find out is by comparing their contents and verifying whether their claim holds true and the contents are actually the best.
You can always check the CMA USA course by NorthStar Academy. It is one of the best ones which provides the fully organized study material for the CMA certification exam. You can contact us for more information regarding the courses and study materials we provide.
5. Is CMA Foundation MCQ type?
The CMA Foundation exam is the first level of the CMA India certification exam conducted by ICMAI. It has a total of 4 papers which consist of 50 MCQ-type questions for every paper. Each question is of 2 marks, making every paper of 100 marks weightage and CMA foundation for 400 marks. So, yes the CMA Foundation is indeed MCQ type.
6. What is the purpose of a CMA credential?
It shows that an accountant is knowledgeable in Financial and Management accounting. This title is well known all over the world. CMAs often specialize in accountancy and management.
7. What exactly does a CMA do?
CMA is someone who does accounting, costing of products and commodities, price document checking or validation, and revenue, particularly secondary taxes. Unlike conventional accounting professionals, CMAs are in a growing market throughout all departments in all firms.
8. Is CMA a decent job?
On average, the CMA is a rewarding profession. The industry prospects are mentioned by many. There are several more advantages, such as wage improvements, work reliability, and individualized consideration. These are all just a few of the causes applicants choose to pursue a CMA.
Obtaining the CMA qualification is a wonderful professional step for your career, particularly if you want to work in the Managerial Accounting field. And in order to do so, NorthStar Academy is the most reputed platform out there.
They provide aspirants with the most reliable and 12-section-wise CMA study materials of Gleim, which are the oldest and most apt for the CMA US exam. Aspirants can also avail of NorthStar Academy’s Section-wise Formula book, and Essay case study books. NSA also provides discounts to their learners on the IMA exam fee as well as for the membership. They have some of India’s top mentors like M Irfan Sir to give students the right pathway, therefore, providing an all-around aid as their CMA USA course.
The applicants can be assured of quality materials, as not only is NSA an official and approved partner but also a reputed one. With a reputation of having trained 15000+ individuals, Aspirants associated with NSA have displayed a consistent performance in the CMA Exams (80+ pass percentage).
In case you are worried about placements, then it is notable to mention that NSA has ties with the Big 4’s along with multiple other Mutli-National Corporations, thus putting an end to your worries. NSA’s mobile app addresses all of these queries efficiently with the option of accessing the materials even when you are offline!
Study well, and aim for higher scores. In addition, we have other related courses as well, including CPA, ACCA, CA, etc. if you want to pursue them. It is high time you stop wasting time and start your enrollment for the course. You can always contact us to know more about these courses and get the best consultation in this respect.