MY CMA – USA

CMA ® – USA PROGRAM

The US CMA® Course is globally recognized, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world. The US CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA).

It’s offered since 1972 and has certified 100,000 professionals. US CMA® enhances the value that you bring to your current position, or expand your career potential, it will help you set the standard for professional excellence.

• CMA global qualification is awarded by IMA (Institute of Management Accountants) USA
• Strong Knowledge Base in Management Accounting and Financial Management
• Significant Career Progression, Credibility & Job Prospects
• Short Duration: 6 months to qualify the exam
• Both students as well as working professionals can opt for this course
• MOU with Institute of Cost Accountants of India (ICAI)

 

US CMA® CERTIFICATION BENEFITS…

• International recognition.
• It is the highest level of certification in Management Accounting. With increasing globalization, FDIs, outsourcing, off-shoring, US financial service MNCs in India and Indian companies listed in the US, CMAs with an international perspective are in very high demand.
• US CMAs believe their certification creates career opportunities and strengthens their ability.
• Career opportunities for US CMAs can be in Multi-national companies, Financial services or consulting firms and US-based firms & organizations
• Getting CMA-US Certification will enable the candidate with CMA – INDIA Membership (Kept in Abeyance) without writing any paper. No need to spend 4-5 Years to get Indian cma Membership.
• CMA-US Certification will enable candidate with ACCA –UK Examination Paper exemptions.
• No needs to travel outside India, Candidates are able to process and Write exams with any part of India which is not in CPA.
• Only Graduation is needed to Start CMA-US Carrier. Recruitment by the BIG 4.
• World’s Shortest Management Certificated Course which gives a worldwide Opportunities.
• Paper wise Writing of exams, students can write their exams as and when prepared.
• High Passing percentage as compared to others, due to no negative marking.
• Availability of ‘discount Coupons’ assists students to save fees a part.

CMA – IMA (US) VS. ICWAI (INDIA) VS. CIMA (UK)

	CMA – US	CMA – India	CIMA – UK
Credentials issued by	IMA (Institute of Management Accountants), US	The Institute of Cost Accountants of India (formerly ICWAI), India	CIMA (Chartered Institute of Management Accountants), UK
Course Duration	6 months	3-4 years	2-4 years
Approximate Cost (Training + Examination)	INR 120k – 150k	INR 100k	INR 200k
Academics	2 papers, single-level exams	20 papers, 3-level exams	16 papers, 5-level exams
Recognition	Globally recognized	India	UK & Commonwealth countries

 

US CMA® SYLLABUS

Candidates for CMA designation have to pass the following two parts:

	Part 1: Financial Reporting, Planning, Performance, and Control	Part 2: Financial Decision Making
Syllabus	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 (20%) Risk Management (10%) Investment Decisions (15%) Professional Ethics (10%)
Duration	4 hours	4 hours
Marks	500 (passing percentage 72%)	500 (passing percentage 72%)
Question Pattern	3 hours- 100 multiple choice question (weightage 75%) and 1 hour- 2 essay type question (weightage 25%)	3 hours for 100 multiple choice question (weightage 75%) and 1 hour for 2 essay type question 30 minute each (weightage 25%)

EXAM DATE & FEE DETAILS

Exam dates: The part 1 and 2 are offered during the following three testing windows.

• January/February
• May/June
• September/October

Certification Entrance Fee includes Six months access to the US CMA Exam Support package which includes the US CMA Assessment Tool and printable practice questions

Cost Summary in 2019

	Student	Young Professional	Regular
1. IMA membership	$39	$155	$245
2. CMA entrance fee	$188	$250	$250
3. Exam Registration
Part 1	$311	$415	$415
Part 2	$311	$415	$415
Total	$ 849	$ 1,235	$ 1,325

WHY MY COMMERCE FOR CMA-USA

• MY COMMERCE PROFESSIONALS, CHENNAI, a wholly owned Subsidiary of (MY COMMERCE INC. CHARTERED ACCOUNTANTS), we are following IFRS in reporting and Compliance of global standards to our clients.
• Our Teaching Experts are having a very sound industrial as well as academic Experience.
• MY COMMERCE is the first Institute in India, who without any financial support Works on the “LOWEST FEES EVER HEARD’.
• Providing full and comprehensive Study material along with simplified and conceptual notes, in the form of Charts, Diagrams, and Tables etc.
• We, without charging any extra Cost assists students from the day of registration up to membership and their carrier development programme.
• We will provide Discount Coupons to our candidates, which makes their course cost
• We are providing Review classes at the LOWEST FEES EVER HEARD, our fees is very less, as we are charging only 20 – 30 % cost from the students as compared to other fees.
• We provide our students a facility to pay their fees in easy installment.

• MY Commerce is the first Institute in PUNE, providing face to face regular classes with High passing Percentage.
• We reconnect students to a very practical corporate working environment.
• Regular Tests and their Evaluation Reports by Subject Experts will assists candidates to clear exams in first attempt with very good marks.