Finding an internationally acclaimed, high-level certification suitable for accountants and finance professionals in various industries can be challenging. CMA USA is the top pick being a globally recognized advanced-level credential best suited for financial professionals in business and accountants.
In simple words, CMA in the United States stands for Certified Management Accountant and is a widely recognized professional certification offered by the Institute of Management Accountants. For a better understanding of CMA, you need to scroll through its benefits, exam structure, course duration, and more.
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Haryana, India
Firstly I would like to thank IPFC Academy and Sush Bala sir for immense encouragement and support. It was a very beautiful journey where I learned so many things like confidence, dedication and time management .Whenever I had my online class I used to listen that very carefully which make me able to achieve my goal to pass the CMA in first attempt. I worked very hard for this achievement although some ups and down came during this journey but my goal push me to overcome that and make me a very strong person to fight the problems and get success out of that.😊😊
Dubai, UAE
Thanks IPFC team for the support especially Mr.Navas Sir.
IPFC Academy’s set of mock exams was helpful to get concept clarity and for the time management in real exam also his scoring tricks and & MCQ patterns.
By doing more MCQs and the correct explanations helped me to understand the concept with more clarity.
The timer enabled mock test of 100 questions and helps me to manage with a strategy of 50-30-20.
I would also extend my gratitude to Salgundi Sir, Sohini & Mr. Anirban
Bengaluru, India
Thank you so much Sush Bala sir. The topics were explained with real-time scenarios or their practical knowledge. Their rich corporate experience is an added benefit to the students.
Thank you so much Navas sir, you were always just a call away for me to get any sorts of help including getting mock tests sets.
Thank you Anirban and Sohini, you were so flexible to accommodate my requests.
Dubai, UAE
A great pleasure & good luck for me to have training with IPFC for CMA USA. The teaching style made it easy for us to clear the concepts & focusing on smart work made it easy to meet the challenge of passing CMA. Notes provided by IPFC & weekly tests & timely feedback about tests by IPFC assist the student to focus on areas where they are weak.
What I observe in IPFC is that just not delivering the lecture & explaining in detail but also assessing the students by tests & timely providing feedback about tests, I hope play a vital role in passing this milestone.
I will recommend IPFC to everyone who is interested in pursuing CMA which ensures success in one’s professional journey.
I offer my special thanks to Sir Sush Bala & IPFC Team for helping me during this journey
Tamil Nadu, India
This is to inform you that I have passed both parts and am really happy to share this with you. Since I am working with 14 to 16 hrs of time to spend for work related activities, I was unsure to enroll but tried with enthusiasm. After multiple enquiries with known friends, I have joined IPFC. After joining IPFC, I felt that this is the place I am supposed to join and gave me confidence to proceed further.
Your sincere efforts and experience on teaching, unique attention to each student on their involvements to study, completion of Mock tests helped to overcome the barrier and it enhanced the mind with confidence to attend the course. After a lot of thought process and your guidance and encouragement, I attended the first IMA exam that helped me to overcome exam fear. With your constant follow-up on completion of the Mock test and continuous teaching, I have passed both parts of the CMA (US) exam and qualified.
I feel blessed to join IPFC and to study with your Guidance Mr.Sush Bala, God bless you. and also would like to thank Mr.Navas, Mrs.Sohini, Mr.Anirban and the entire IPFC Admin team for their guidance and support
What is CMA (US) qualification?
CMA (Certified Management Accountant) qualification is provided by IMA, US (Institute of Management Accountants), one of the professional accounting bodies of US, the other being AICPA (providing CPA qualification). The CMA (Certified Management Accountant) is an advanced professional management accounting certification specifically designed to measure the accounting and financial management skills that drive business performance. It awards the most coveted and prestigious Qualified Management Accountant designation recognized across the globe.
What is IMA and what is its role?
IMA or Institute of Management Accountants, US, is the apex management accounting body of United States of America.
What is the role of IPFC Academy?
IPFC Academy (International Professional Financial Careers Academy) is an internationally reputed institution providing extensive coaching for the CMA (US) qualification through LIVE ONLINE INTERACTIVE CLASSES accessible from home anywhere in the world after working hours. IPFC’s LIVE CLASSES are telecast to more than 45 countries at the same time on specified days of the week.
What is the eligibility for pursuing CMA (US)?
Bachelor’s degree, in any area, from an accredited college or university is required. Even those pursuing Bachelor’s can do this course; however, they need to provide proof of Bachelor’s degree at the time of certification. You also need to have a 2 years of experience before getting the final certificate.
Do I need to go for any credential verification before pursuing CMA (US)?
No, you need not go for any prior credential verification. However, degrees not from accredited institutions must be evaluated by an independent agency. You will have to produce your graduation certificate and relevant work experience documents to IMA to get the final certification.
What are the requirements to get the final certification?
To be eligible for CMA certification, you must fulfill all of the following requirements:
How many papers are there in CMA?
CMA comprises of only two papers (parts).
You will have to write two examinations of 4 hours-duration each. Each paper is a 500-mark exam consisting of 100 multiple choice questions (3 hours) and 2 essay type questions (1 hour).
What is the passing score?
The minimum passing score is 360 out of 500 or 72%.
What is the duration of the course?
A serious student can achieve this qualification within 6-9 months. However, IMA will allow you 3 years to complete the 2-part CMA program.
When and how many times can I write CMA exams?
You can write CMA exams three times a year in January/February, May/June and September/October.
How CMA exams are conducted?
CMA exams are conducted ONLINE through Prometric Examination Centers located across the world, including India. You will need to book your seat in a prometric center near you and go physically to the center to give the exam.
If I fail, can I repeat the exams?
Yes, you can go for repeated attempts. You will have to pay the examination fee again before taking the exam.
Can I write CMA (US) exams from India?
Yes, you can write CMA exams from India either through Prometric Exam centers located near you.
I am studying in college. Can I do CMA?
Yes, you can pursue CMA (US) and appear for the examinations but will have to produce your graduation certificate while acquiring the final CMA (US) certification. However, you will get pass certificate after passing CMA Part 1 and Part 2 examinations.
Is there any student discount offered by IMA?
Yes, IMA offers heavy discount in the Membership Fee, Exam Entrance Fee and Examination Fee for students pursuing graduation/post graduation or research program. University students (pursuing Bachelors, Masters or Ph.D.) get discount of about $476 in IMA fee.
What is the importance of CMA (US) in India?
CMA (US) being an internationally recognized qualification has a special importance in India. It is considered equivalent to ICWA qualification of India (presently known as CMA, India). CMA(US) qualified professionals are required in all Big4 companies and KPOs like TCS, Wipro, CTS, etc since 60-70% of their work loads are from BFSI sector in the USA
Can I get the ICWA, India certification if I pass both parts of CMA?
If you pass CMA exams from India, your qualification will be considered equivalent to ICWA, India. Previously there was a MOU between IMA and ICWAI which offered a CMA India certification to people who passed CMA US from abroad. However, that MOU has been cancelled and there is no such arrangement currently.
Do IPFC conduct classes regularly?
IPFC’s ONLINE classes are conducted throughout the year.
What are the timings of IPFC classes? I am a working professional?
Class timings are convenient both for students and working professionals. It ensures that you have the full day with you for your work/studies.
Classes are held 4 days a week as per the schedule below :
Will I face any difficulty with my CMA studies if I join a batch in the middle?
IPFC classes are rotational. Hence, there is no batch concept. In fact, 99% of the IPFC students/pass-outs have joined their training in middle of a batch. IPFC ensures that all its students have complete training and conceptual clarity about all the exam content. They also get adequate time for revisions before they go for actual examination.
What happens if I miss a class due to my busy office schedule or some personal work on any day?
Every LIVE class of ours are recorded. The recording along with the Class notes and sheets which are using during the training are available to you. You may go thru the same before attending the next LIVE class. That way, you do not miss any class OR fall back due to any reason.
If I do not understand any topic after attending the classes or attending the simulations, what options are available to me?
Once you join IPFC Academy, you become part of our active student community. You may post your query on the student forum OR you can also request for a 1 on 1 session which is available to you without any additional charges. These 1 on 1 sessions are held only between you and the faculty. Hence your doubts are fully cleared before you appear for any exam.
What is profile of IPFC faculty?
CMA (US) being a world class professional accounting qualification requires having faculties with rich industry experience, in-depth knowledge of teaching and adequate qualifications. IPFC faculties are themselves CMA (US), Engineers, MBAs from IIM Ahmedabad, ICWA and other prestigious international qualifications.
