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about cma

Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. The CMA is a U.S. based, globally recognized certification offered by the Institute of Management Accountants.

CMA-certified professionals work inside organizations of all sizes, industries, and types, including manufacturing and services, public and private enterprises, not-for-profit organizations, academic institutions, Government entities (USA), and multinational corporations world wide.

ELIGIBILITY

The eligibility criteria is:

(The 2 years of work experience can be prior to the completion of CMA examination, but in this case the candidate shall be registered as a professional but not student.)

Scope & Career Opportunities

Obtaining the CMA certification will open a lot of opportunities for you in the domestic as well as the global market. It will help you enhance your financial, accounting, and management skills that will expand your career potential and which will help you to stand out from the rest. Some of the job roles that you expect after completing CMA USA are:

Syllabus and when u can appear

CMA exams are divided into two parts (4 hours for each part) the syllabus of which is as below:

Syllabus for cma exam part1

  • External Financial Reporting Decisions
  • Planning, Budgeting and Forecasting
  • Performance Management
  • Cost Management
  • Internal Controls

Syllabus for cma exam part2

  • Financial Statement Analysis
  • Corporate Finance
  • Decision Analysis
  • Risk Management
  • Investment Decisions
  • Professional Ethics
The candidates have to clear both these parts within 3 years of registering for CMA.

The candidate can appear for the exam in the following months

  • January and February
  • May and June
  • September and October

CMA Exam and Subject Wise Weightage

CMA Exam has two parts of four hours each. Each exam has 100 multiple choice questions and two essay type questions. The subjects and subject wise weightage has been given below:

Part 1 Financial Reporting, Planning, Performance & Control

  • 15%External Financial Reporting Decisions
  • 20%Planning, Budgeting and Forecasting
  • 20%Performance Management
  • 20%Cost Management
  • 15%Internal Controls

Part 2 Financial Decision Making

  • 25%Financial Statement Analysis
  • 20%Corporate Finance
  • 20%Decision Analysis
  • 10%Risk Management
  • 15%Investment Decisions
  • 10%Professional Ethics

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