CMA stands for Certified Management Accountant. CMA is known as a globally recognized professional certification for accounting and financial professionals. Offered by the Institute of Management Accountants, CMA helps gauge a candidate's expertise and understanding of management accounting. Here are all the relevant CMA US course details. Take a quick look.
US CMA Course Details
The CMA is a professional certification in accounting and financial management. The certification states that the candidate has knowledge in areas such as financial planning, decision support, analysis, control, as well as professional ethics.
The CMA is a USA-based and globally recognized certification that is offered by the Institute of Management Accountants aka IMA US. IMA US holds a legacy of more than a hundred years and as of date, the number of US CMA-certified candidates is more than one lakh across 150+ countries.
Key Features of the US CMA Course:
- US CMA course is a qualification in finance that is in demand worldwide.
- The US CMA course has only 2 parts.
- US CMA exams can be cleared within seven to nine months.
- Exams are organized online at the prometric centres.
Generally, the US CMA exams have 75% MCQs and the remaining are Essay questions.
Here are more CMA US course details for you.
US CMA Syllabus 2024
The US CMA exam syllabus has two sections. While Part 1 comprises Financial Planning, Performance, and Analytics, Part 2 covers Strategic Finance Management. If a candidate cannot pass any of these papers, they will have to appear in the exam again.
Here is the elaborated US CMA syllabus:
Part - 1: Financial Planning, Performance and Analytics
- External Financial Reporting Decision
- Planning, Budgeting, and Forecasting
- Cost Management
- Internal Controls
- Performance Management
- Technology and Analytics
Part - 2: Strategic Financial Management
- Corporate Finance
- Decision Analysis
- Risk Management Financial Statement Analysis
- Investment Decisions
- Professional Ethics
CMA Course Duration and Eligibility
Duration
- It takes a minimum of 6 months to complete the CMA course. However, it entirely depends on the candidate's dedication and focus.
- From the date of registration, IMA provides a maximum duration of 3 years, to complete the CMA Course.
Minimum Eligibility
- The candidate should complete and pass Parts 1 and 2 of the CMA Exam
- It is necessary to hold a bachelor's degree from an accredited college/university or an associated professional certification.
Know the Career Opportunities
- Cost Accountant
- Chief Financial Officer
- Risk Manager
- Chief Financial Controller
- Finance Manager
- Financial Analyst
- Management Accountant
Talk to the experts
To learn more about CMA US Course Details from the experts contact IPFC Academy. Visit www.ifcpltd.com to contact them.