How tough is the CMA US exam for a CA Intermediate student?

Shape Image One
How tough is the CMA US exam for a CA Intermediate student?

Before getting to know how tough is CMA US, let us first get to know the differences between the two qualifications/examinations:

  • CA Inter has 8 papers divided into two groups with each group having four papers. Whereas in CMA US , you have two papers divided into 11 sections (5 sections in Part 1 and 6 sections in Part 2)
  • You need to score 40% in each paper and 50% in aggregate to be declared as pass in CA, whereas in CMA(USA), you need to score 360 out of 500 marks to be declared pass.
  • There is just one day gap between two papers in CA exams. In CMA, however, you can schedule your exam dates as per your convenience. To put it differently, you can one paper in January first week and the other paper in February last week. This gives you around 1½ months’ time for preparation for the other part.
  • CA has a descriptive (majorly) exam pattern. On the other hand, CMA(USA) has an MCQ exam patter with 2 essay type descriptive questions.
  • Dates for CA exam is scheduled by ICAI, whereas every candidate has the option to choose their own dates for appearing for exam.
  • CA exams are conducted 2 times a year whereas CMA US exams are conducted 3 times in a year in the month of Jan/Feb, Apr/May, Sept/Oct.

Which is easier CA or CMA(USA)?

Since you got some basic idea about both the courses, let us get into the similarities between the two. CA Intermediate and CMA (USA) has quite a lot of common syllabus and topics discussed below:

Costing: The costing subject covered in Intermediate and few topics covered later in CA Final is very similar to what we have in CMA. The topics such as following is covered in various sections of CMA:

Cost and Management Accounting/ Strategic Cost Management & Performance Evaluation

Intermediate Topics Final Topics
Marginal Costing Transfer Pricing
Absorption Costing Make or Buy Decision
Joint Product and By Product CVP Analysis
Process Costing Standard Costing
Budgets – Fixed and Flexible Budget Learning Curve
Material Costing Simulation
Standard Costing PERT
Contract Costing ABC

Financial Management: In addition to costing, CMA also shares a lot of similarity with INTER FM and Final SFM paper. The following are the common topics:

Financial Management/Strategic Financial Management

Intermediate Topics Final Topics
Capital Structure Decision Mergers and Acquisition
Working Capital Management International Financial Management
Time Value of Money Risk Management
Cash Budget Leases – Operating and Finance Lease
Cost of Capital Portfolio Management
Capital Budgeting Derivative Analysis and Valuation

It also has quite a lot of common topics from Auditing and Accountancy including IFRS.

Since I have explained herein the similarity and common topics between CA and CMA(USA), you would now be better placed to understand the difficulty level.

In addition to the above, I would also like to mention that if you like and enjoy studying Costing and Financial Management subject, I am sure that you would enjoy the CMA(USA) journey.

Also ensure that you join CMA(USA) institutes where the faculty is not just CMA US but also a CA, since he will not be able to correlate between what you already know and what you additionally need to know.

And lastly for those pursuing CA, look forward to add CMA(USA) as an additional international qualification but not as substitutional qualification.

For certain success, join MI Classes and leave the rest on us to see that your journey to success remains smooth and certain for MI Classes is the best coaching center for CMA US in India.

2 Comments

  1. NSA is the best CA coaching Institute in Bangalore. NorthStar Academy or NSA is a premier institution for commerce and finance centrally CA,CMA,ACCA located in Koramangala, Bangalore. NSA is the best CA coaching Institute in Bangalore.

  2. Since the exam carries two windows, to be eligible to appear for the case study, a student is required to pass the MCQ exams first. The best CMA USA coaching in Bangalore help students to achieve their future goal. Results for students who have appeared for the case study exam is declared within 6 weeks of the end of the month in which the exam was taken.

Leave a Reply

Your email address will not be published. Required fields are marked *

    Let us know about your basic qualification

    Set your Professional Goals with us

    Everything is right here! Just fill this form.

      Let us know about your basic qualification

      CMA USA Online Classes: What are the benefits of studying online classes? Best Courses After 12th – Choose Your Career Options in India Top Differences between US CPA and US CMA Is CMA USA a Good Career Course in 2023? How to get an IMA-CMA Scholarship: A step by step Guide CMA USA vs CA Which is Course Better for Career? Choose Now! 12 Ultimate CA Tips for Success Exam How Much a Financial Manager Earns in India? Which Study Material is best for CMA USA Exam? Best MBA colleges in India in finance : Career options after B.Com? Professional Courses after B.Com Best Course After CMA USA : Is PG Required After CMA US? CMA Preparation in 2023:Why You Should Start in College-CMA Study Guide Best MNC CMA Jobs in India and CMA USA Opportunities in MNC How to become a company secretary in 2023 What is CMA USA Job Opportunities in India & Salary of CMA MBA Finance vs 5 Best Global Certifications in 2023 : Course Guide 13 Best Career Options After Bcom . What are the Best CMA USA Job Opportunities in Dubai and Salary? Best Institute for ACCA in India : How to Choose in 2023