Highest management accounting qualification in the world Offered by the Institute of Management Accountants (IMA), US
US equivalent of CWA (currently called CMA) course offered by ICMA(Currently called the Institute of Cost Accountants of India)
Two Exams (single level)
Part I – Financial Planning, Performance and Control (deals with the conventional cost and management accounting concepts)
Part II – Financial Decision-making (deals with financial management/decision making areas)
Time span of 6 months for course completion with 300-400 hours of study
Online exams which can be taken in India in Prometric testing centers
Objective type exams – mainly Multiple Choice Questions, focusing on conceptual understanding
Students can prepare and take their exams alongside graduation / post-graduation – for example, B.Com/BBA candidates can take the CMA exams in their 1st, 2nd or 3rd year (even before they complete their graduation)
Recommended for Indian B.Com, BBA, MBA, CA, CS, CWA candidates
Recommended for both students & working professionals
Lucrative job opportunities with MNCs and increased pay packages
Roles in financial analysis, corporate finance, management accountancy
Caters to both finance and accounting profiles
As most of the companies in a competitive business arena are looking for analyzers who can help them to reduce the cost, maximize profits, and ensure the sustainability. And the CMA credential is….Prestigious, Professional, Rigorous, Empowering, and Competent.
Institute of Certified Management Accountant (ICMA) which is the certification affiliate of Institute of Management Accountants (IMA)-USA is responsible for developing, administering, and grading the CMA exam; establishing the policies and procedures for the CMA program; and for ensuring the program’s overall integrity.
Achieving the CA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics-skills that are in demand by organizations around the world.