India's Most Affordable
CMA (US) Exam
Prep Course

Why Choose CMA (US)? 

Choosing the Certified Management Accountant (CMA) certification from the US offers several compelling advantages for Indian students. The CMA (US) credential is recognized and respected worldwide, opening doors to international career opportunities and allowing Indian professionals to work in various countries. Holding a CMA (US) can lead to higher salary potential and better job prospects, often associated with leadership and strategic roles in finance and management. The CMA program covers crucial areas such as financial planning, analysis, control, and decision support, equipping students with the skills needed to excel in management accounting and financial management roles. With businesses increasingly seeking professionals who can provide strategic insights and drive financial performance, the demand for CMAs is growing, both globally and in India. For Indian students, the CMA (US) certification helps bridge global financial practices and standards, making them adept at handling international financial management scenarios.

Who Should Enroll?

• Accounting and Finance Professionals: Elevate your career and move into senior positions. 
• Recent Graduates: Gain a competitive edge in the job market with a prestigious certification. 
• Aspiring Financial Leaders: Develop the skills needed for roles like CFO, Finance Manager, and Controller. 
• Consultants and Analysts: Enhance your financial planning and analysis capabilities.
• Entrepreneurs and Business Owners: Strengthen your financial management and strategic decision-making skills. 
• International Professionals: Obtain a certification that is respected and recognized globally. 
• Academics and Educators: Stay current with industry standards and expand your expertise. 

Exam Structure

The CMA (Certified Management Accountant) exam, administered by the Institute of Management Accountants (IMA), is divided into two parts, each with a specific focus and question format:

Part 1: Financial Planning, Performance, and Analytics

• This part includes 100 multiple-choice questions (MCQs) divided into two sections of 50 questions each.
• Candidates have 3 hours to complete each section of MCQs.
• Topics covered include external financial reporting decisions, planning, budgeting, and forecasting, performance management, cost management, and internal controls.
• Additionally, Part 1 includes two essay questions based on two scenarios, which test candidates' ability to apply their knowledge to practical situations.
• To be eligible to receive the essay questions, candidates must achieve a minimum score of 50% on the MCQ section of Part 1.
• Once the MCQ section is completed, candidates cannot go back to review or change their answers.

Part 2: Strategic Financial Management

• Similar to Part 1, Part 2 also includes 100 MCQs divided into two sections.
• Candidates have 3 hours to complete each section of MCQs.
• Topics covered include financial statement analysis, corporate finance, decision analysis, risk management, and investment decisions.
• Part 2 also includes two essay questions based on scenarios related to strategic financial management.
• Candidates must achieve a minimum score of 50% on the MCQ section of Part 2 to be eligible for the essay questions.
• Like in Part 1, once the MCQ section is completed, candidates cannot go back to review or change their answers.

To pass each part of the exam, candidates must achieve a scaled score of at least 360 out of 500. The exam is computer-based and is administered at Prometric testing centers. Candidates are required to pass both parts within three years of entering the CMA (US) program.

License and Renewal 

All About Licenses and Renewal 

• Certified Management Accountants (CMAs) must renew their licenses every year 
• CMAs are also obligated to meet Continuing Professional Education(CPE) requirements set by the IMA, which mandates the completion of 30 hours of Continuing Professional Education (CPE) every year, including two hours of ethics. 
• MYCPE ONE Academy offers personalized subscription packages tailored to help CMAs fulfill their Continuing Professional Education obligations effectively. Subscribe now to access these resources and stay compliant with your licensing requirements.

Job & Salary

Certified Management Accountants (CMAs) often find roles in diverse sectors such as finance, accounting, management, and consulting. They can work as financial analysts, management accountants, budget analysts, finance managers, and chief financial officers (CFOs). The CMA credential is particularly valued in multinational corporations, financial institutions, and management consulting firms.

According to the IMA's 2021 Global Salary Survey, CMAs in India earn significantly higher salaries compared to their non-certified peers. The average annual salary for CMAs in India ranges from INR 800,000 to INR 2,000,000, depending on experience, job role, and location. Entry-level CMAs can expect salaries on the lower end of this range, while those with more experience or in senior positions can command salaries at the higher end. For detailed and up-to-date information about CMA certification, job roles, and salary data, please refer to the IMA Global Salary Survey 2021.

Disclaimer: Salary figures are estimates and can vary based on various factors such as location, industry, experience, and company size. Always refer to the latest data and conduct independent research when considering career and salary prospects.

Job Opportunities

The Certified Management Accountant (CMA) certification from the US opens a wide range of job opportunities for professionals in India. Here are some key job roles and sectors where CMA holders can excel:

Key Job Roles:

• 1. Financial Analyst: Analyzing financial data and preparing reports to assist in decision-making processes.
• 2. Management Accountant: Overseeing internal financial processes, budgeting, performance evaluation, cost management, and asset management.
• 3. Budget Analyst: Developing, analyzing, and executing budgets, as well as monitoring organizational spending.
• 4. Finance Manager: Managing the financial health of the organization, including planning, reporting, and directing investment activities.
• 5. Controller: Overseeing accounting operations, financial reporting, and compliance with regulatory requirements.
• 6. Chief Financial Officer (CFO): Leading the financial strategy of the organization, managing financial risks, and ensuring financial stability and growth.
• 7. Internal Auditor: Evaluating and improving the effectiveness of risk management, control, and governance processes.
• 8. Cost Accountant: Specializing in cost management, cost analysis, and cost control procedures to optimize financial efficiency.
• 9. Consultant: Providing strategic financial consulting services to organizations, helping them improve their financial performance and strategy.
• 10. Treasurer: Managing the organization’s financial assets and liabilities, overseeing cash management, investments, and risk management.