CMA Online Course in India
CMA – US (Certified Management Accountant) is an advanced Accounting Certification, offered by the IMA (Institute of Management Accountants), US. CMA certification in India is designed for Accountants and Finance Professionals. This certification signifies expertise in Financial Planning, Analysis, Control, Decision Support and Professional Ethics. It will increase your value at your current organization and help you further your accounting career horizons globally.
Scope of CMA Certification in India
CMA USA is the preferred choice for management accountancy roles in the MNCs of India today. May it be Deloitte, Capegemini, Caterpillar, Tesco, Johnson and Johnson, PWC, HSBC, Bank of America or any other MNC, an US CMA is the first preference where there is a vacancy of management accountants within the company.
Benefits of CMA (USA) Certification in India
CMAs earn on an average 30% more than their non-CMA contemporaries.
CMA is the highest level of certification in Management Accounting. With increasing Globalization, FDIs, Outsourcing, Off-shoring, US Financial Service, CMAs with an international perspective are in very high demand.
CMA (USA) believe their certification creates career opportunities and strengthens their ability to move across business areas.
Career opportunities for CMAs can be in Multi-National companies, Financial Services or Consulting Firms and US-based firms & organizations in India.
Get 7 papers exemption in ACCA Certification.
Exemptions CGA (Canada) advanced entry level for CGA Program.
IMA has mutual recognition agreement with ICAI, Institute of Cost Accountants of India
Job Prospects after achieving CMA Certification:
Cost Accountants, Chief Accountants, Cost Managers, Finance Managers, Relationship Managers, Analyst or Business Analyst, Professors, Vice President or President, Finance Director, Commercial Director, Directors or Sr. Directors, Chief Financial Officer
Certifying Body of CMA Certification in India
IMA (Institute of Management Accountants) is a certification body founded in 1919 in the US and since then has been an industry standard bearer for Accounting Certification. With over 80000 members globally, their certification is a highly coveted credential.
IMA’s Official Website
Details of Online CMA Course in India
The new CMA exam consists of two parts:
CMA PART I: Financial Reporting, Planning, Performance and Control
CMA PART II: Financial Decision Making
Online CMA Course Summary
External Financial Reporting Decisions (15%)
Planning, Budgeting and Forecasting (30%)
Performance Management (20%)
Cost Management (20%)
Internal Controls (15%)
Financial Statement Analysis (25%)
Corporate Finance (20%)
Decision Analysis and Risk Management (30%)
Investment Decisions (15%)
Professional Ethics (10%)
CMA Certification Exam Format
CMA Exams are computerised Exams of 4 Hours duration and the passing marks being 500 (72%). CMA Question Pattern is as follows:
3 Hrs for 100 Multiple Choice Questions (Weightage 75%)
1 Hr for 2 Essay Type Questions 30 minutes each (Weightage 25%)
Eligibility for CMA Course in India
Anyone who has completed a Bachelor’s degree in any discipline from an Accredited College or University or pursuing his / her degree is eligible for the CMA Certification in India.
Where are CMA Exams administered in India?
CMA Exams are administered through the worldwide network of Prometric Testing Centers. There are many prometric centers in India, where you can schedule your CMA Exams.
CMA Certification Fees of IMA
One time CMA Certification registration fee is $450 Break up is International Membership Fee $245, Entrance Fee $225, Registration Fee $15. Exam fee will be $350 per part.
Certification Entrance Fee includes Six months’ access to the CMA (USA) Course Support Package which includes the CMA (USA) Assessment Tool and printable practice questions.
For our CMA Course Fees in India, Please contact us here.
Online CMA Certificate FAQs
Frequently asked questions for CMA Course in India
Who are the Trainers?
Our trainers are Qualified CMA (USA) or CPA (USA) having more than 20+ Industry Experiences as well as having experience of teaching for more than 10 years.
How does the make-up session work for those who miss online CMA classes in India?
A student may miss not more than the three first CMA classes of the batch he/she wishes to enroll for. Make-up sessions will be provided for all missed CMA classes.
What Online CMA course material will be provided?
You will be provided with the both CMA classes in India and CMA Online course:
- Original Hocks Books
- CMA Lectures from 50 to 60 Hours for Each Part
- Test Preparation Software,
- Practice Essays
- Study Plan
- Digital Flash Cards
- Mock Exam
- 5 Hours CMA mock and revision Session Online.
- Success Notes & Guidance before Examination
If I cancel my enrollment, Will I get the Refund?
If you are enrolled in CMA classes and/or have paid fees, but want to cancel the registration for certain reason, it can be attained within 48 hours of initial registration. Please make a note that refunds will be processed within 30 days of prior request.
Pass Promise by Delphi?
Delphi promises success in your CMA Exam, however if you are unsuccessful, you can avail the pass promise and attend the next batch free of cost.
How the online CMA classes are conducted?
Online CMA classes are conducted via live training software through our own Learning Portal.
What is the average CMA pass percentage of Delphi Star Training?
The average pass percentage of CMA students at Delphi are approximately 75% to 85% for serious students.