Certified Management Accountant – US CMA Course in India
CMA USA (Certified Management Accountant) is an advanced Accounting Certification, offered by the IMA (Institute of Management Accountants), USA. CMA certification 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.
Benefits of CMA USA in India
- International recognition
- CMA USA is the highest level of certification Course in Management Accounting. With increasing Globalization, FDIs, Outsourcing, Off-shoring, US Financial Services, US CMAs with an international perspective are in very high demand globally.
- US CMA believe their certification creates accounting 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.
- CMAs earn on an average 30% more than their non-CMA accounting professionals.
- In 2015, 3500 professionals earned their CMA USA Certification, a record 17% growth was recorded.
- IMA has mutual recognition agreement with.
- ICAI, Institute of Cost Accountants of India
- ACCA 7 papers exemption
- Exemptions CGA (Canada) advanced entry level for CGA Program
Job Prospects of CMA USA in India:
The US CMA Course opens doors to a variety of career opportunities in India, Middle East and global sectors. Primarily MNCs working with the US or global Companies prefers CMA’s over any other accounting professionals for their skills in Management accounting and US based CMA certification.
Here are a few job positions that CMA USA can opt for –
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 USA in India
IMA – Institute of Management Accountants, USA is the certification body founded in 1919 in the USA and since then has been an industry standard bearer for Accounting Certification. IMA has a global network of about 100,000 members in 140 countries and 300 professional and student chapters Headquartered in Montvale, New Jersey, USA. IMA also provides localized services through its four global regions: America, Asia Pacific, Europe, and Middle East & India.
IMA’s Official Website
US CMA Course Details
The new CMA USA course consists of two parts:
CMA PART I: Financial Reporting, Planning, Performance and Control
CMA PART II: Financial Decision Making
CMA Online 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 USA Exam Format
CMA Exams are online computerised Exams of 4 Hours duration and the passing marks being 500 (72%). CMA Exam 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%)
Upcoming CMA USA Course in India
|Training Type||Start Date|
|Live Instructor-Led Online||14 June 2019||
Eligibility for US CMA Course
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 course in India.
Where are CMA Exams held in India?
CMA Exams are administered through the worldwide network of Prometric Testing Centers. To locate a Testing Center and to schedule Online CMA exam appointments, visit www.prometric.com.
Cost of the CMA Exam
One time CMA Certification registration fee is $450 Break up is International Membership Fee $245, Entrance Fee $225, Registration Fee $15. CMA Exam fee will be $ 415 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.
CMA USA Course Fees in India
The CMA USA Course fees in India depends on a variety of factors you choose viz. Study Materials, Mode of training, etc. We have a variety of options to best suit the professional choosing to do the CMA USA in India.
Best CMA USA Course in India
Senior Accounting experts from the around the world and a qualified CMA will be conducting the US CMA Course live.
We use Hocks International CMA Study Materials for all our students, but they can choose any other study materials over Hocks and we will arrange the same for them.
Topic wise study material in the form of Presentation, Case Studies, Practical Exercises and Quiz or Assignments with detailed answers and explanation available online.
Doubt solving forum to interact with faculty & fellow students.
Work on real time cases from different domains.
24×7 Online Access to CMA Course Material and CMA lecture
Free support till passing the Examination.
CMA Course FAQs
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.
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.
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 in India or Online.
- Success Notes & Guidance before Examination
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.
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.
Online CMA classes are conducted via live training software through our own Learning Portal.
The average pass percentage of CMA students at Delphi are approximately 75% to 85% for serious students.