Certified Management Accountant (CMA USA)
Certified Management Accountant (CMA) offered by the Institute of Management Accountants (IMA), USA is a coveted professional certification highly demanded abroad and in MNC’s all over India especially in metro cities like Kochi, Bangalore, Chennai, Hyderabad, Delhi and Mumbai. Currently, India has emerged as a hotbed for all the renowned financial auditing and consulting majors such as Deloitte, PWC, EY and KPMG. Many Indian-based companies are also growing at a faster pace and have already made their mark in the industry. They are all actively searching for candidates who have gone through the CMA course, even with no prior work experience.
Robin Mathew Philip
Asst. Manager EXL Service
Studying for the CMA USA with the Institute of Management Accountants (IMA) was a game-changer for my career. The program provided me with the skills and knowledge I needed to succeed in accounting and finance, and the support from the LSM was invaluable.
It is a prestigious certification for those who would like to explore job opportunities abroad especially in America, Europe, Middle East and South Asia. The value of this certification is enormous as the number of people certified with this skill is around 1 lakh worldwide! Having a CMA certificate benefits experienced professionals immensely as the remuneration are much higher than uncertified professionals. It helps to build a lucrative career with renowned organizations specifically with Fortune 500 companies. Moreover, this certification is a prerequisite to take up senior management roles such as a Chief Financial Officer (CFO) or a Finance Controller; a must for an ambitious finance professional.
Global employability through excellence!
The Institute of Management Accountants (IMA) permits only the authorized partners to conduct courses for students in order to prepare them for this prestigious exam. Logic School of Management (LSM) is a proud platinum partner of IMA and has already groomed several students to achieve their career goals through this certification. Courses are conducted in both online and offline mode with convenient schedules for working professionals as well. Course fee structures at LSM are affordable even for a globally recognized and accredited courses like CMA USA. The course takes about eight to twelve months for completion and it is the shortest duration course with an international repute. All the other professional courses in finance takes about 1 to 3 years in comparison.
Pre-Requisites / Eligibility
CMA-USA Course Syllabus
12th qualified students can enroll for this course; though a bachelor’s degree from any recognized university is required to appear for the exam. Learning would be much easier for the students who has basic knowledge in financial accounting, statistics and economics. Two continuous years of professional experience in management accounting or financial management, which can be completed after passing the exam, but are required as a final step to certification
As acclaimed rewards can only be achieved with determination and perseverance, almost eight months of concrete learning efforts are required to pass the CMA-USA examination. 72% marks should be obtained in order to get certified. However, the overall pass percentage is just about 45% worldwide. This shows the value and repute, the certification commands among the accounting fraternities. This examination is conducted online at pro-metric centers and carries no negative marking. Two papers of four hours each are to be attempted. The papers contain a total of 500 marks each. The papers include 100 MCQ’s and two essays. We, at Logic School of Management inculcate expert trainers with extensive knowledge preparing students in such a manner so that they can confidently take up these exams at the first go. IMA conducts these exams thrice a year, Jan-Feb, May-Jun and Sep-Oct. LSM also ensures to provide all necessary assistance to students for exam registration and enrollment.
Course syllabus is categorized in two parts with six sections each as given in the below table.
Financial Planning, Performance & Analytics
⁂ External Financial Reporting decisions
⁂ Planning, Budgeting and Forecasting
⁂ Performance Management
⁂ Cost Management
⁂ Internal Controls
⁂ Technology and Analytics
Strategic Financial Management
⁂ Financial Statement Analysis
⁂ Corporate Finance
⁂ Decision Analysis
⁂ Risk Management
⁂ Investment Decision
⁂ Professional Ethic
CMA USA @ LSM
LSM has a great track record in CMA-USA by producing numerous world rank holders and national toppers. Above all, our pass percentages are always higher than the global average. Logic School of Management has an excellent array of experienced faculties and has abundant reference materials available for students. We offer the best in both online and traditional classes. Apart from the core competency subjects, we provide personality development classes, communication skill enhancement sessions and conduct mock interviews in order to make each and every student competitive enough to face real-world scenarios. LSM further provides placement assistance for deserving students in acclaimed organizations of every major Indian as well as global cities.
Frequently asked questions
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