CMA USA Programme Overview
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Global Finance & Accounting profession
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2 Part Exams | 12 Competencies
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12 – 18 months to complete both parts, on average
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700+ hours of blended live training (Online / offline)
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400+ hours of pre-recorded class and self-learning platform
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Scholarships for students ( Pursuing CMA along with University degree)
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Placement Training and Internship Opportunity
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Ticket to enter the Corporate world.
US CMA is a globally recognised, advance credential appropriate for accountants and finance professionals.
Lets start the career with Invisor!
Next Batch
Online Batch 1:
May 24, 2023Offline Batch 1:
June 05, 2023
Offline Batch 2:
June 07, 2023
Offline Batch 3:
June 26, 2023
Offline Batch 4:
July 17, 2023
Offline Batch 5:
Aug 16, 2023
CMA USA Syllabus
IMA has divided the syllabus in to 2 parts covering 12 competencies
- 15% External Financial Reporting Decisions
- 20% Planning, Budgeting, and Forecasting
- 20%Performance Management
- 15%Cost Management
- 15%Internal Controls
- 15%Technology and Analytics
Part 1: Financial Planning, Performance, and Analytics
- 20%Financial Statement Analysis
- 20%Corporate Finance
- 25%Decision Analysis
- 10%Risk Management
- 10%Investment Decisions
- 15%Professional Ethics
Part 2: Strategic Financial Management
Exam Structure
The CMA test is administered at Prometric Testing Centres across the world in a computer-based style.
Part 1: Financial Planning, Performance, and Analytics
4 hours – 100 multiple-choice questions & two 30-minute essays
Part 2: Strategic Financial Management
4 hours – 100 multiple-choice questions and two 30-minute essays
The following three testing windows are available for Parts 1 and Part 2 exams:
January/February
- 1st January to 28th February
- Last Date of Registration: 15th February
- Exam Results (January Exams): 15th March
- Exam Results (February Exams): 15th Apri
May/June
- 1st May to 30th June
- Last Date of Registration: 15th June
- Exam Results ( May Exam): 15th July
- Exam Results (June Exam): 15th August
September/October
- 1st September to 28th October
- Last Date of Registration: 15th October
- Exam Date (September Exam): 15th November
- Exam Date (October Exam): 15th December
CMA Certification
You must meet each prerequisite listed below in order to be qualified for CMA certification:
- Active membership in IMA
- Satisfy the education qualification (Bachelor’s Degree)
- Complete all required examination parts ( Part 1 & Part 2)
- Satisfy the experience qualification ( 2 years of Work Experience in Accounts & Finance Domain)
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Program Fee
Invisor Course Fee:
CMA USA _ Online : INR 65,000.00 (incl. taxes)
CMA USA _ Offline : INR 75,000.00 (incl. taxes)
* EMI option is available through our Banking partner
- Particulars
- CMA Study Material
- Invisor Training Fees
- Total Fees (Incl. GST)
- Offline
- 15,000
- 60,000
- INR 75,000
- Online
- 15,000
- 50,000
- INR 65,000
- IMA Fees (In USD)
- Membership Fees
- Entrance Fee
- GST
- Part 1 Exam Fees
- Part 2 Exam Fees
- Total IMA Fees
- Bundle Discount
- Net IMA Fees
- Fees in INR
- Student
- $135.00
- $210.00
- $62.10
- $345.00
- $345.00
- $1,097.10
- $470.00
- $627.10
- INR 50,168.00
- Professional
- $275.00
- $280.00
- $99.90
- $460.00
- $460.00
- $1,574.90
- $536.00
- $1,038.90
- INR 83,112.00
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FAQS on CMA USA Course
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How to Become a CMA?
The CMA program lets you proceed at your own pace. You can earn a CMA in just six months or over 3 years. Busy professionals will find the CMA program to be time efficient.
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What is IMA?
IMA® (Institute of Management Accountants) is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. IMA offers its members exclusive access to the CMA program. We are committed to helping you – and our network of more than 100,000+ members – to expand your professional skills, better manage your organization, and enhance your career.
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How do I enrol in the CMA Programme?
Visit imanet.org/cma-certification to apply. You will need to purchase the CMA entrance fee and IMA membership. The application process takes about 10 minutes.
Register for the exam. You can register for Part 1 and Part 2 in any order or register for both at the same time.
Prepare to complete certification requirements including submitting your education transcript and work experience. This can be done before or after passing the exam but is required as a final step to become certified.
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What Are the Requirements to Become a CMA?
Membership in IMA®.
Entrance into the CMA program.
Completion of Part 1 and Part 2 of the CMA exam.
Bachelor’s degree from an accredited college or university or an equivalent degree as determined by an independent evaluation agency.
Two continuous years of professional experience in management accounting or financial management.
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CMA Exam Procedures & Registration
Join IMA
Pay the CMA Certification Entrance Fee
Register for the CMA exam by paying the exam fee
Receive a Registration acknowledgment form which provides your authorization number(s), testing window(s), the Instructions for Candidates, and access to the CMA Exam Support Package.
Schedule your exam appointment(s) with Prometric.
Select the best CMA review course for self-study or take our Online Instructor-Led Course.
Appear for your scheduled exam appointment(s) with the required identification documents.
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How do I register for an Exam Part?
The CMA exams are computer-based and administered at hundreds of Prometric testing facilities worldwide. With three testing windows each year, you can sit for an exam at a time and place convenient for you.
If you are enrolled in the CMA program and are ready to sit for the exam, here are the steps:
Pick your testing window. Testing windows are offered in January/February, May/June, and September/October.
Register for the exam at www.imaonlinestore.com/
Receive your authorization number(s) along with further instructions.
Schedule your exam appointment(s) with Prometric, our testing partner, at www.prometric.com/icma
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What is ICMA?
ICMA® (Institute of Certified Management Accountants) is the certification affiliate of IMA. ICMA is responsible for developing, administering, and grading the CMA (Certified Management Accountant) exam; establishing the policies and procedures for the CMA program; and for ensuring the program’s overall integrity. The ICMA Board of Regents is responsible for setting policies, and the ICMA staff is responsible for operations.
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When can I take the exam?
Exams are offered according to the following schedule:
January - February
May - June
September - October
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Do I have to take Part 1 and Part 2 in this order?
No, you can take parts 1 and 2 in any order. You have the option of taking both together on the same day, although many members choose to separate their testing dates.
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How much time do I have to pass both exam parts?
All CMA candidates have three years to pass Part 1 and Part 2 of the exam. The time period will begin with the date of your entry into the CMA program. In case if you are unable to clear the paper within 3 years then you will have to start from the scratch i.e. pay once again all the fees and prepare well. Also remember in this three year if you qualify only one paper, post expiration of your entrance fee will result the passed paper invalid.
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What is the passing score for the CMA exam?
The minimum passing score is 360 for both parts of the exam. The exam score range is 0-500.
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Is CMA USA equivalent to CMA India?
CMA USA certification is issued by the Institute of Management Accountants (IMA) whereas CMA India certification is issued by the Institute of Cost Accountants for India. Here are the key differences between CMA USA and CMA India.
Criteria US CMA INDIA CMA Eligibility 12th pass/Undergraduate 12th-grade pass Course Duration One year/ Subjective to Candidate Three years Recognition Globally accepted Accepted only in India Certificate Issuer Institute of Management Accountants (IMA) Institute of Cost Accountants India No of Parts Two parts: Part I & Part II Three Levels: Foundation (4 papers), Intermediate (8 papers), and final (8 papers) Article ship to write the final exam Not required Minimum of Six months Total Experience Required to Get the Certification 2 Years 3 Years In comparison of the key features, it is no brainer that CMA USA certification is superior to CMA India certification in terms of credibility, exposure, opportunities or pay scale.
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Does US CMA get job offers from Indian companies?
US CMA is a prestigious financial certification in all industries and companies. As per reports, the demand for US CMA professionals in companies has been on an upward trend for the past two years.
Companies have been hiring US CMA professionals for job roles like Financial Accountant, Analyst, Investment Banker, Internal Auditor, and Budget Analyst. Even the Big4 finance companies have been hiring US CMA professionals left and right in many job titles with high pay.
Completing your US CMA course opens doors to plenty of career opportunities. Candidates can select their desired job based on their long-term, and short-term goals and salary.
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Is CMA USA better than CMA India?
There are many key differences in terms of recognition, opportunities, pay, and course duration between both CMA USA and CMA India.
It is very important and critical that you know these different features of both courses and then select what suits your long-term, and short-term goals the best.
Criteria US CMA INDIA CMA Eligibility 12th pass/Undergraduate 12th-grade pass Course Duration One year/ Subjective to Candidate Three years Recognition Globally accepted Accepted only in India Certificate Issuer Institute of Management Accountants (IMA) Institute of Cost Accountants India No of Parts Two parts: Part I & Part II Three Levels: Foundation (4 papers), Intermediate (8 papers), and final (8 papers) Article ship to write the final exam Not required Minimum of Six months Total Experience Required to Get the Certification 2 Years 3 Years If we compare these courses in terms of opportunities one can get, salary, and recognition, US CMA will be the winner here. With CMA India you can just work locally in India but on the contrary, US CMA certification Is globally accepted and respected by all the industry professionals even the big 4 finance firms.
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What Does a CMA Do?
A certified management accountant (CMA) is a professional who helps businesses manage their finances and make strategic decisions. CMAs work with financial statements, budgeting, and forecasting. They also develop cost-saving strategies and help businesses make well-informed decisions about where to allocate their resources.
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Which is Better CA or CMA?
Both qualifications have their advantages and disadvantages. CA is generally seen as being more difficult to obtain than CMA. The process is longer, and there are more exams to pass. However, this is offset by the fact that CA is widely recognized and highly respected.
CA is also more focused on accounting, tax and audit, while CMA is more focused on cost management and analysis. So it depends on your specific circumstances and goals.
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Is CMA a Professional Course?
CMA designation is considered to be a professional credential. The CMA designation demonstrates that an individual has the knowledge and skills necessary to be a successful management accountant.
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Is CMA Easier than CA?
CA is more complicated to complete when it comes to the syllabus. So yes CMA is easier than CA; there are small chapters and easy to understand. Also, a CMA course can be completed in 3 years while a CA takes more than 5 years to complete.
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Can I do CMA After the 12th?
Yes, you can do a CMA course after 12th grade. To be eligible for CMA you must have a bachelor's degree from an accredited College or university, and you must have two years of professional experience in management accounting or financial management.
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What Is a CMA's Salary?
On average CMA salary in India average Rs 10 lakhs a year. An entry-level CMA can earn a salary of 7-8 lakhs per year. And a CMA with 4-8 years of experience can earn a salary of 20-21 lakhs per year.
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Can a CMA do a Tax Audit?
CMA designation does not authorize individuals to perform a tax audit.
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How to do CMA After B com?
You have to complete a bachelor's degree in accounting or a related field. Once you have your degree, you'll need to pass the CMA Exam, which is administered by the Institute of Management Accountants (IMA). The CMA Exam is a two-part exam that covers financial accounting and reporting, as well as strategic management accounting. After passing the exam, you'll need to complete a CMA internship before you can earn your CMA designation.
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Is Articleship Compulsory for CMA?
No, instead of articleship you need to complete a 2-year work experience in the finance domain to get CMA USA certification.
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What is CMA Course Duration?
The duration to complete both parts of the CMA course is 3 years.
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What to do After CMA?
You can start working in a management accounting role in a company. You can also work as a financial analyst, cost accountant, business analyst, and financial risk manager in any company.
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Who is Eligible for CMA?
To be eligible for the CMA, candidates must have a bachelor's degree from an accredited institution, as well as two years of professional experience in management accounting or financial management. Candidates must also pass a rigorous two-part exam administered by the IMA.