Have you ever wondered what CMA USA Course is? What Is required To Take The Course And What it actually takes to earn your own CMA USA certification?
Many think being a certified management accountant limits you to a life of number crunching, but it’s wrong, so below we are going to provide you inf on what exactly a Certified Management Accountant is and details like eligibility, fees, career, salary etc.
What Is USA Certified Management Accountant?
A Certified Management Accountant in short known as CMA. It is a US based It is a unique professional certification course in the filed of management accounting and financial management.
CMA USA Course Overview
| Name of the Certification | Certified Management Accountant |
| CMA Exam | Part 1: Financial Planning, Performance, and Analytics Part 2: Strategic Financial Management |
| Exam Sessions | May/June 2021 – now through July 14 September/October 2021 January/February 2022 |
| Course Duration | 12-18 months to complete both parts, on average up to 3 years. |
| Pass Rate | 50% globally |
| Success Rate | 4,000 CMAs granted each year 70,000 CMAs awarded to date |
CMA USA Dates
| May/June 2021 – now through July 14 | First exam date: April 1 Last exam date: July 14 Last day to register for an exam: June 15 |
| September/October 2021 | First exam date: September 1 Last exam date: October 31 Last day to register for an exam: October 15 |
| January/February 2022 | First exam date: January 1 Last exam date: February 28 Last day to register for an exam: February |
CMA USA Exam Details
| Name of the course | Certified Management Accountant (CMA) |
| Institution | Institute of Management Accountants (IMA) |
| Exam Structure | Part 1 and Part 2 |
| Number of Questions | 100 in Each Part |
| Duration | 4 Hours |
CMA USA Program Fee
| For Professional Members | Cost |
| CMA Entrance Fee ( Nonrefundable) | $250* [INR 18,300] |
| Exam Fee | $415 per part [INR ] |
| For Student/ Academic Members | Cost |
| CMA Entrance Fee | $188* [INR 13,700] |
| Exam Fee | $311 [INR 22,700] |
Career Opportunities after CMA
This ‘A’ level certification is well-recognized by leading financial and business organizations around the globe. You can explore a wide range of career opportunities after completing CMA USA and some of these are:
Job Profiles & Average Salaries
| Job Profiles | Average Salaries |
| Senior Analyst | ₹7,50,000 |
| Finance Manager | ₹14,00,000 |
| Budget Analyst | ₹12,00,000 |
| Treasurer | ₹8,90,000 |
| Finance Controller | ₹19,00,000 |
| Internal Auditor | ₹3,00,000 – ₹8,00,000 |
| Financial Analyst | ₹5,00,000 |
| Cost Accountant | ₹5,00,000 – ₹6,00,000 |
| Management Trainee | ₹6,70,000 |
Top Companies after CMA USA Certificate
- Deloitte
- PwC
- KPMG
- EY
- Accenture
- Genpact
- InterTrust
- Knowcraft Analytics
- Cognizant
- Grant Thornton
- MaxLife Insurance
- JP Morgan Chase
- MasterCard
- Barclays
- Morgan Stanley
- HP