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CMA USA Course Summary

The CMA USA coaching programme offered by Lakshya provides an opportunity for students to be certified professionals. It helps them to acquire practical and theoretical knowledge in accounting and finance. According to recent studies, the most preferred industries by commerce or business graduates are auditing and accounting. This makes it crucial for a student to have a strong qualification added to him/her. The highly respected Certified Management Accountant (CMA) certification is awarded by the Institute of Management Accountants (IMA). This is a US-based worldwide association for accountants and financial professionals working in the business.

To be the best among CMA USA coaching centres in Kerala our courses across all our coaching centres are well curated. Well-researched study materials and comprehensive practice sessions are the core of CMA USA syllabus. This ensures that our students are well prepared for the examinations. The Certified Management Accountant certification signifies that the candidate who pursues the course owns knowledge in various areas such as financial planning, decision support, analysis control, and ethics.

The CMA (USA) certification offered by the Institute of Management Accountants is globally recognized. Earning it opens up a wide range of career opportunities in organizations of various sectors and domains. Compared to their non-certified counterparts, the CMA USA qualified candidates are recipients of better financial compensations. It also provides flexibility to move across business areas. The CMA certification is highly sought after by Big 4 auditing firms. They use the CMA certification as a benchmark to select the best candidates for their recruitment process. It is important to have a strong acumen in finance-related subjects to ace the exams. A student with a weak foundation in the subjects might find it difficult to grasp the advanced concepts in management, accounting, and finance. But with Lakshya's coaching and continuous guidance is given by CMA certified accountants, it is going to be an easy walk. We also make sure to provide personalized assistance and support in study related issues, exam registration procedures, etc

It is also a well sought-after course, due to its short completion period. Most of the students generally prefer to choose CMA USA certification. Its characteristics such as flexibility, affordable fees, and short course duration, etc act as reasons for the same. Also, CMA is said to have a curriculum that covers interesting topics which are useful for one’s daily practical business routine. The course duration of CMA USA ranges between 09-12 months. Then one can be a full-fledged management/cost accountant within a short span of time. This is possible in the most cost-efficient manner. It is a course that offers a wide array of advantages.

Eligibility

  • CMA US Course: 12th Pass or Graduate

Duration

  • CMA US Course: 9-12 Months

The Institute of Management Accountants (IMA)

Course Details

CMA US Course Details

Course Summary

The CMA USA has a two-part exam pattern. That must be passed as a prerequisite to obtaining the designation. This curriculum equips students to attain international credibility, strong knowledge in Finance and Accounting and opens a wide range of opportunities to gain career progression.

The course is subdivided into two parts, covering 12 competencies:
  • Part I - Financial planning, Performance, and Analytics
    • External Financial Reporting. Planning, Budgeting, and Forecasting. Performance Management. Cost Management. Internal Control and Technology and analytics
    • 100 multiple choice questions and two 30 minute essay questions are included in this part of the exam. You will need to have scored at least 50% of the MCQs. This is because the exam is scored on a 0-500 scoring system. To have successfully passed the exam, you need at least a 360 score on the exam.
  • Part II - Strategic Financial Management
    • Financial Statement Analysis. Corporate Finance. Decision Analysis. Risk Management. Investment Decisions. Professional Ethics.
    • The same applies to Part 2 of the exam. You have 100 Multiple choice questions and two essay questions of 30 minutes. You are required to score 360 marks out of the 500 scoring system. That would be 50% answered correctly out of the MCQ questions.
Next class start date: Admission continues | Entry requirements: 12th Pass or Graduate
Fee Details
All Campus
Offline
₹94,400
All Campus
Online
₹59,000

Key features of our CA coaching programme

01Progressive and industry-specific curriculum that allows students to match with the updated syllabus and exam pattern.
02Regular revision tests and MCQ practice sessions to prepare students for exams.
03Contemporary pedagogy and rigorous assessment methods.
04We provide accomplished faculty and are embellished by renowned industry practitioners to provide excellent coaching and individual attention.
05Well-equipped modern teaching aids. Hostel and travel facilities.

Course duration of CA

One can take up CMA USA certification before or after graduation. Although you are required to have a degree from an accredited college or university. This can be attained within the span of 7 years. Alternatively, there are other professional certificate courses that are equivalent to a degree certification that you can acquire.

Along with passing the exams candidates are also required to fulfill education and experience requirements. The work experience that the candidate has should be from the relevant professional setting. Work experience in management accounting is considered acceptable by the norms.

To acquire CMA USA certification, it is not important to have a background in commerce or accounting. The best way to adopt a career in commerce is to get a professional certification in the respective subjects. Therefore, students who have done their 12th grade in any stream can take up CMA USA Course. An advantage of pursuing a CMA USA course as a student is that you will only be required to pay lower exam fees with IMA and is also has the advantage of attaining CMA scholarships.

Job opportunities of CMA US

The CMA certification opens doors to professionals globally. Some of the roles they can pursue are:

  • Staff Accountant
  • Budget Analyst
  • Finance Manager
  • Treasurer
  • Cost Accountant
  • Financial Analyst
  • Controller
  • Chief Financial Officer
  • Internal Auditor
  • Senior Accountant etc

Certified Management Accountant (CMA) certification is considered to be the best qualification that conveys a person’s abilities in management and accounting. And then comes the most important question, “How much will you earn after CMA?”. Well, that depends on various factors like company size, your position in the company, experience level, etc. 'As per the IMA’s 2019 Global Salary Survey, CMA degree holders globally earn 57% more in median salary. And 55% more in median total compensation than non-CMAs. For a fresher with quite good academic knowledge, the salary ranges 4.5-6.5 lakhs per annum.' The Managers and financial controllers are the highest-earning positions that you must look up to.

CMA's have a wide range of opportunities and high demand in India with the arrival of MNC's. Also, as mentioned above the salary for every individual is purely dependent. It is based on the skills sets and practical knowledge that they have along with the CMA USA certification.

FAQs

Why should you pursue CMA?

The auditing and accounting industry is, without a doubt, the ideal field for commerce and business graduates. This is why it is a great idea for students to get an extra edge on their education. CMA USA is a course that definitely provides students with an edge, in comparison to other students, they can then easily get a job in MNC’s.
After the completion of the course, a wide array of job opportunities will be available for students both in India as well as abroad. Attaining proper coaching will help students to sharpen their accounting and management skills, giving them an evident advantage over the others. The job roles available for students after they have completed the course are :
  • Financial Analyst
  • Financial controller
  • Finance Manager
  • Finance Manager
  • Cost Accountant
  • Cost Manager
  • Chief Financial Officer
  • Relationship Manager
  • In order to be eligible to attend the CMA USA exams, a student has to complete their +2 exams successfully
    Students have to meet the following criteria in order to get the CMA certification
  • Successfully cleared all parts of the exam
  • Have 2 years of relevant industry experience
  • A bachelors degree from a recognized university
  • The exams are conducted thrice a year
  • January - February
  • May - June
  • September - October
  • The fee for CMA USA coaching at Lakshya is only ₹59,000. This doesn’t include the Wiley preparation materials, IMA registration, and Exam fees.

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