Certified Management Accountant (CMA USA)

CMA USA stands for Certified Management Accountant, a professional certification offered by the Institute of Management Accountants (IMA). The globally recognized course is designed for professionals in management accounting and financial management and is particularly valuable for individuals seeking career advancement in finance, accounting, and business.


The CMA certification holds immense value with around 100,000 certified professionals worldwide. Possessing a CMA certificate significantly boosts the earnings of experienced professionals compared to their uncertified counterparts. It opens doors to lucrative career opportunities, especially with renowned organizations and Fortune 500 companies. Additionally, this certification is essential for aspiring professionals aiming for senior management roles like that of a Chief Financial Officer (CFO).

Course Structure

This course is composed of two parts and it takes lesser than 12-18 months for a dedicated student to thrive. However, to attempt exams and get certified the course demands a bachelor’s degree and 2 years of professional experience.


Students can choose any schedule in the above said window according to the prometric center availability. The CMA exams are computer based and administered at hundreds of Prometric Test Centers worldwide.

Candidate must present proof of their identity to be permitted to take the CMA Exams. Below is a list of acceptable identification. You must present one primary ID or two secondary IDs to be permitted to take the exams. All identification must be original. Photocopies and/or electronic downloads are not acceptable.

PRIMARY (one form of ID needed) – original and unexpired
• Passport
• U.S. Passport Card
• Government issued National Country ID (with photograph)
• EU Identity Card
• Government issued driver’s license (with photograph)

OR SECONDARY (two forms of ID needed) – original and unexpired – one with a photograph, and one with your signature
• Military ID Card
• PAN Card (India)
• Aadhar Card (India)
• Voter ID (India)
• Postal ID (Philippines)
• Bank ATM, debit, or credit card with signature

One can work as a Finance Manager, Financial Analyst, Cost Analyst, Financial Controller,
Internal Auditor, Relationship Manager, Cost Manager, Chief Financial Officer (CFO), and Cost

The candidates have the scope of earning about 67 percent more as compared to the ones possessing only a bachelor’s degree. As a fresher, they may earn up to 4.8 lakhs per annum and with experience one can earn around 40-50 lakh per annum.

Yes, it is a highly sought-after qualification at Indian companies and MNCs. The Institute of Cost and Works Accountants of India (ICWAI) has entered into a Memorandum of Understanding (MoU) with the Institute of Management Accountants (IMA), USA to enable mutual recognition and cooperation between the two institutes to develop the profession of Management Accountancy for the benefit of their members and students in the pursuit of excellence in education and training and continuing professional development in Management Accountancy.

CMA is an international certification and is an industry integrated curriculum which examines a student at all levels of testing. CMA exams require Level C coverage, i.e., following cognitive skills: Knowledge, Comprehension, Application, Analysis, Synthesis and Evaluation

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.

All CMA candidates have three years to pass both parts of the exam. The time period will begin with the date of your entry into the CMA program.

You will lose any previous passed scores and will need to register for the exam again.

An exam part may be taken only once in a testing window. You can sit for as many testing windows as you need in your three-year period. All retakes require a new exam registration (not CMA entrance), along with payment of appropriate fees.

The fees payable to IMA are of two kinds —

Under professional membership (Total Fees: $ 1475)

  • Membership fees — $ 555
  • Exam Fee Part 1 & Part 2 — $ 920 (460 + 460)

Due to our platinum membership, for Logic students, however, there will be a discount on the fees which would total to $ 990.

Under student membership (Total Fees: $ 600)

  • Membership fees — $ 345
  • Exam Fee Part 1 & Part 2 — 690 $ (345 + 345)

Due to our platinum membership, for Logic students, however, there will be a discount on the fees which would total to $ 600.

Student Membership

  • To qualify for this membership type, you must be enrolled in 6 or more credit hours at a college or university
  • Only full-time UG and PG attending regular classes are eligible for student membership Online and Distance modes of study are not covered under the student category.
  • A full-time student can hold the student membership for a maximum of six (6) years.

Professional Membership

  • Working professionals who are on a career path as an accountant or financial manager qualify for Professional membership.
  • IMA can provide leading-edge resources to help you stand out in the crowd, broaden your knowledge base, sharpen your skills, and become a true strategic partner in your organization

The CMA Scholarship opportunity can be offered to up to 10 students per school per year who are interested in pursuing CMA certification. This includes both undergraduate and graduate students in accredited accounting or business programs. Multiple faculty members can submit nominations, but the limit is 10 per school, per academic year.

Course Explained

Certified Management Accountant (CMA USA)

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