About CMA Profession

CMA is known as Certified Management Accountant course of USA. This is a global professional qualification awarded by Institute of Management Accountant(IMA) of USA.
This course is aimed at gaining strong knowledge in Management Accounting and Financial Management field. Due to in-depth business analysis the member of this qualification gets advanced skills required to manage finance function, gives leadership skill and global perspective to the business.
Currently it is most respected and highly paid profession in USA.

Top benefits of doing CMA

Members get international credibility.
Global Opportunities and great recognition in India as well. Many jobs in KPO/BPO/MNCs.
It is an elevator to reach top finance positions in the organisation in a faster way. Highly recommended for working people for faster promotions in their career.
It is a short duration course, easy curriculum and easy exam methodology compare to any other profession course in the world.
Comparatively less costly than any other professional studies (it cost less than INR 1.2 lakh).
CMA is recognised by many countries accounting bodies and educational universities and thereby, the members of CMA will get exemption in many other professional course such as CPA, ICWA, CIMA etc.
CMA- India and CMA-USA has reciprocal arrangement and there by member of one profession will get qualification of other profession. Easy way to get two qualifications.
Globally CMA, USA people gets 60% higher salary than other professions

course outline of CMA, USA

Only two papers – Part I & Part II
Computer based exam, with more focus on objective type of questions.
Exam centres are there all most all parts of the world (Centres are there in all big cities in India)
course can be finished in 6 months to 12 months duration.
Graduate can pursue while in final year.
Not much restrictions during study duration. Suitable for students and working people.
Study materials and online content is widely available.

Eligibility to do CMA, USA

Any graduate can do CMA
Under graduate also can pursue while in Final years
Working professional can also pursue along with their job.

Degree must be from an accredited university. Foundation knowledge of economics, basic statistics and financial accounting is recommended.

Registration Procedure

Enrol with IMA by paying membership fee through online CMA portal.
Pay the entrance fee of CMA through online
Complete examinations through online and get required marks to pass
Have required educational qualification and produce certificates
Have/complete at least two years of experience.
Sign off with IMA statement of Ethics and Professional Practice.

CMA candidate need to pass the entire exams within three (3) years, otherwise student need to do registration once again.

Cost of Registration

	Students	professional
IMA membership fee	39	245
CMA registration fee	188	250
Examination fee - Part I	311	415
Examination fee – Part II	311	415

Subjects in CMA,USA Exam

Part – 1 : Financial Reporting, Planning, Performance and Control

External financial reporting decisions (15%)
Planning, budgeting and forecasting (30%)
Performance Management (20%)
Cost Management (20%)
Internal Controls (15%)

Part – 2 : Financial Decision Making

Financial Statement Analysis (25%)
Corporate Financing (20%)
Decision Analysis (20%)
Risk Management (10%)
Investment Decisions (15%)
Professional Ethics (10%)

Exam Structure

Exam will be conducted on line mode at ‘Prometric Centres’
Exam will be conduced in every 4 months in the following combined seasons/testing window:
- - Jan & Feb/ May & June/September & October
Exam appointment/enrolment can be made at any ‘Prometric Centre’
Exam will be conducted for two papers and student can apply each paper or two papers together.
Each part of the exam will be as below. The total time for the exam is 4 hours.
- - Multiple choice questions - 100 questions - 3 hours
- - Essay type questions - 2 questions - 1 hours (each 30 min)
First student need to complete multiple-choice questions and once complete he/she need to attempt essay questions. In other words, once student starts essay question, he/she will not have an option to go back to the multiple-choice section of the exam. Also, if student is not able to complete multiple-choice questions in 3 hours, he/she will be automatically moved to essay section.
The candidate must secure minimum marks in multiple choice to move to essay section. The minimum marks are as below:
- - In Part I exam - 40%
- - In Part II exam- 50%
Results will be declared in six weeks’ time.
Student can appear Part by Part exam. It means after passing one part, he can go for another part. However, as the validity of registration is three years, one need to complete two parts in three years otherwise, candidate will lose the credit for part passed earlier.

CMA, India (ICWA) and CMA, USA - MOU

CMA India and CMA USA had entered in to an agreement to exchange the membership between their members. Accordingly, member of one profession will get membership in another profession.
Students who get the CMA USA qualification, will get CMA, India (ICWA) qualification without writing any papers in the ICWA.
It means by writing 2 papers in CMA USA, one can get exemption for 16 papers in CMA, India (ICWA). It is really an amazing. However, Indian student need to write the exam outside India in to avail this benefit.
To avoid any doubt, if India Student opt for exam centre in India, he will get only CMA, USA qualification upon passing but in case if he opts for centres outside India (like Nepal, Srilanka etc.) he will get two qualifications.

Indian Finance course- CA/ICWA Vs CMA, USA

CA/ICWA course, India	CMA, USA
1. Indian course are generally long duration – average 3 to 4 years it takes	1.It is very short duration course – average 6 months to 12 months.
2. Recognized only in India	2. Recognized across world
3. Descriptive exams – Pass % is very low	3. Majority objective type exam – Pass % is higher
4. Very difficult curriculum – 16 papers, training requirements, More study rules etc	4. Not so difficult – only 2 papers
5. Exams 2 times	5. Exams 3 times

World of Opportunities for CMA, USA

Demand for CMA, USA

The demand of CMA is increasing in multi-fold in India with the arrival of many US companies and flow of BPO/off-shore business in India.
CMA is used to bring strategic thinking, analysis and decision.
MNC are using CMA, USA as a Learning and development strategy to their finance employees.
The common role where CMA are hired – Financial Analyst, FP&A, Finance Manager, Internal Audit, Price and Commercial analyst, Business analyst, CFO etc.

Areas for CMA in Business

MIS reporting
Budgeting
Treasury & Cash Management
Cost& management accounting and reporting
Stores management
Purchase and Commercials
Finance Manager (overall handling of finance)
Financial Planner and Analyst (overall budgeting and reporting works)
Consolidation of group accounts
Investment planning
Risk Management
Credit analyst
Stock broking
Relationship manager/product specialist in Banking, Financial Services and Insurance Companies
Strategy and Business development
Chief Financial Officer

General Income Range of CMA

CMA Fresher in Industry	Approx. INR 4 lakhs to INR 6 lakhs in a year
CMA after 10 years in Industry	Approx. INR 20 to 30 lakhs (Current level)

CMA, USA Coaching Classes in Bangalore

CMA Coaching Classes in Bangalore

Name: CMA USA Coaching in Bangalore
Brand: SuccessEdge
Rating: 4.3 (96 reviews)

The Cost and Management Accountancy course (Earlier known as Cost and Works Accountant) is one of the top profession in Cost and Financial management area in India. With the growing support from government and increased cost consciousness and competitiveness in the industry, the Cost and Management profession (CMA) has now gained huge importance across all sectors of Industry and the opportunities for CMA has also grown in multi-fold in India. CMA is currently cherishing in Budgeting, Financial Analysis, Management Reporting, Financial Management, Cost booking keeping and Audit. Traditionally CMA qualified used hire by Government companies/departments but that scenario has been changed and huge opportunities are opened up in private sector as well. Over past 15 years, the number of enrolment for CMA has also grown and students from all parts of India are showing their preference towards CMA course. Due to high potential and growth in student admission, SuccessEdge has started CMA Coaching Classes in Bangalore since 2012 with the vision of imparting quality and result oriented coaching. SuccessEdge has been running CMA Coaching Classes in Bangalore since seven (7) years from foundation to final successfully with impressive results.

The founder of SuccessEdge is a qualified CMA and worked for more than 20 years in the Industry and has seen the potential for CMA profession. All the faculties teaching are qualified professionals with both practice and industry experience. Academy has dedicated setup in Basvangudi, Bangalore for quality teaching and effective study for students. Compare to any other CMA Coaching Classes in Bangalore, we have an edge over many others in terms of lesser fee, flexible timings, smaller batches and timely completion of syllabus.

SuccessEdge has vast experience in providing top best CMA Coaching Classes in Basavanagudi Bangalore in terms of results and ranks. There are not many coaching centres in Bangalore which focus on CMA compare to CA, even some are there but not focusing on full fledge curriculum from foundation to final. But, SuccessEdge is the only institution which focus on complete CMA Coaching Class in Bangalore for all levels at reasonable fee and specialized coaching materials for CMA students. This is the only institutions which focus on working professionals. Please contact our staff for more details.

Reach us on +91 9071811896 for more information on CMA Coaching Classes in Bangalore.