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CMA USA by IMA (CMA®)

CMA USA is an advanced professional program in finance offered by Institute of Management Accountants (IMA) USA. IMA was established in 1919 and certification started in 1972 as on date the membership of CMA USA candidates is more than 1,40,000 span across 150+ countries, few of the highlights of CMA USA are narrated below.

  • CMA USA is a globally accepted qualification
  • CMA USA can be completed by just clearing 2 papers
  • CMA USA exams can be cleared in 8 months time.
  • Passing percentage of CMA USA is around 45% globally, however MyLogic has a passing percentage of more than 65% is internationally one of the best result for CMA USA
  • MyLogic's CMA USA students are placed in leading companies like Brittania, Capgemini, Accenture, IBM, HP, Wipro, Infosys, KPMG, EY, Deloite and so on.
  • CMA USA helps aspirants to make a Finance career across the globe
  • CMA USA exams are online
  • In CMA USA exams 75% of the questions are objective type
  • IMA helps students with scholarship for CMA USA program who meets the eligibility criteria

Home / CMA USA

CMA USA by IMA (CMA®)

CMA USA is an advanced professional program in finance offered by Institute of Management Accountants (IMA) USA. IMA was established in 1919 and certification started in 1972 as on date the membership of CMA USA candidates is more than 1,40,000 span across 150+ countries, few of the highlights of CMA USA are narrated below.

  • CMA USA is a globally accepted qualification
  • CMA USA can be completed by just clearing 2 papers
  • CMA USA exams can be cleared in 8 months time.
  • Passing percentage of CMA USA is around 45% globally, however MyLogic has a passing percentage of more than 65% is internationally one of the best result for CMA USA
  • MyLogic's CMA USA students are placed in leading companies like Brittania, Capgemini, Accenture, IBM, HP, Wipro, Infosys, KPMG, EY, Deloite and so on.
  • CMA USA helps aspirants to make a Finance career across the globe
  • CMA USA exams are online
  • In CMA USA exams 75% of the questions are objective type
  • IMA helps students with scholarship for CMA USA program who meets the eligibility criteria

CMA USA Certification

CMA USA Certification is an advanced Accounting Certification offered by the IMA (Institute of Management Accountants). US CMA Certification will help you formulate robust financial strategies. Our CMA USA online classes are designed for students, accountants and finance professionals.

As a certified management accountant, you will be proficient in financial planning, analysis, control, decision support, and professional ethics. CMA USA certification will increase your value as a skillful and well-rounded professional and help you further your career in accounting.

We are based in Bangalore (India) and provide the best CMA USA coaching and study material in association with IMA.

CMA USA certification is open to anyone with the qualification of class 12th or above. In other words, any candidate is eligible for pursuing CMA USA if he/she has a –

Bachelor’s degree from an accredited college or university (or)

Pursuing a bachelor’s degree from an accredited college or university

CMA USA is a short term course, hence it is highly recommended for graduates with work experience who are looking for a professional accounting certification which is accepted globally.

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IMA issues the CMA USA certificate only after candidates successfully meet all the minimum requirements. The ideal duration to complete the CMA USA course is 7–8 months only, which is far less compared to other management accountancy qualifications. However, duration will vary from person to person because it fully depends upon the candidate meeting all the requirements.

The basic requirements for CMA (USA) membership are:

IMA Membership

Bachelor’s degree from an accredited university

2 years of experience prior to or with-in 7 years of passing CMA USA exam

Passed both the parts of CMA USA Exams

Consequently, a working professional with 2 years of experience and Active IMA membership will get the certification by just clearing the exams.

MyLogic Training and Material Fees for CMA USA Program (Online Live Classes)

MyLogic Training Fees for 2 papers of CMA USA ₹80,000
Material Fees ($400) ₹30,000
Total Fees ₹1,10,000
GST @ 18% ₹19,800
Total Fees Including GST ₹1,29,800

Note: IMA Fees for CMA USA Program: Professional Fees: $1250 (Discount will be provided on professionals and students fees by IMA in each window, subject to IMAs discretion)

CMA USA – Career Differentiator

A word from our Founder and Mentor

Ever wondered about the skills of a pilot who flies a fighter plane and the one who flies an airplane?

Well sounds poles apart, right?

Of Course, yes! For stakeholders to handle such excellent machinery, it is the presence of skills that drive their confidence. Similarly, for a business, it is the coating of fresh financial strategies that drives it in the right direction. US Certified Management Accountant certification enables you to build exceptional skills and that will help you achieve new heights in your business.

Opportunities after the course with salary range & Job Roles

US CMA is a globally recognized qualification and will make you employable at different parts of the world across various industries.

Qualified CMAs (USA) are the first choice for many Big4s in India. Companies like Capgemini, Accenture, Amazon, etc are major recruiters for CMA USA professionals.

CMA USA certification gives confidence to the employers about a candidate’s financial and management skill, which will make you a preferred choice for employers worldwide.

Some common job roles for CMA professionals are -

  • Chief Financial Officer
  • Financial Director
  • Finance Manager
  • Financial Analyst
  • Financial Risk Manager
  • Financial Controller
  • Cost Accountant
  • Cost Manager
  • Risk Analyst
  • Credit Analyst

Exam Detail with schedule

CMA USA has 2 part – CMA USA Part 1 and CMA USA Part 2, hence there are 2 Exams. The exam pattern for both are 75% objective (MCQs) and 25% subjective (i.e., essays)

IMA offers a 6 month testing time frame divided into 3 testing windows. The testing windows are Jan-Feb, May-June and Sep-Oct.

IMA also allows flexibility in scheduling the exams as per the candidate’s convenience within the mentioned testing windows (Jan-Feb, May-June, Sep-Oct).

The duration of the CMA USA exam is 4 Hours for CMA USA Part 1 &2 (3 hours for objective + 1 hour for essay questions).

CMA USA Exams are administered by Prometric with centers across the globe. Candidates are required to schedule their exams at least 72 hours prior. It is recommended to schedule the exam at best 4 weeks ahead.

Modules

CMA USA is spread over 2 parts - CMA USA Part 1 and CMA USA Part 2. Candidates have to clear both parts for the CMA USA certification.

The main objective of CMA USA Part 1 and Part 2 put together is to measure a candidate’s knowledge and proficiency in the area of management accounting. It starts from an introductory knowledge of the subject matter to a thorough understanding of the same. Each level builds on the next level. Following are the three levels of coverage:

Level A ensures basic skill levels of knowledge and comprehension of the subject

Level B ensures that candidates are equipped with not only knowledge and comprehension but also application, and analysis.

Level C encompasses Level A & B and additionally it requires students to develop skill levels of synthesis, and evaluation.

Consultation

We provide FREE Consultation session with experienced counselors. Our career counselors are always available over phone to help students decide if CMA USA is the right step in their career or answer any questions they have regarding CMA USA or MyLogic.

Our counselors are highly experienced on CMA USA program and have enable 1000+ students realize their full potential and achieve their ambition to become a certified CMA USA professional.

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Syllabus

Syllabus

CMA USA PART-1

A person who drives the business has to be aware of their past, present, and prediction of their future financial condition. CMA USA training will teach skills by including rare traits. These are the traits that people take casually and end up facing huge impacts on their business. To avoid the never-ending loop, your company needs some smart moves. A blend of some basic accounting, principles, tax principles, and financial reporting skills through certification would be radical. A completely different insight and decision power come when you are aware of financial data. It includes financial summaries, statements, and disclosures. The way you will analyze this data will change, and you can sense future debt easily.

CMA USA PART-1

An organization without a budget is like you share your bank account but hold no control over the transactions. The budget decides the figures of profit present in the reports. Planning makes an organization ready for the risks and dilutes its effects. Our CMA USA coaching in Bangalore allows your innovation to roll around each corner of the business. Your learnings reach a different level when you get it from someone having experience and knows about the practical scenarios. Planning and budgeting are very different in practical situations. The CMA USA coaching in India we provide has a blend of possible scenarios and experience.

CMA USA PART-1

The performances of each asset in an organization have a direct link with earning profits in a business. This process comes across multiple times in a year. It helps stakeholders to stay up with all the financial updates. To be an expert, our Certified Management Accountant online live classes enable you to always make sure of every small thing which could disturb the performance. Our CMA training in Bangalore also enables you to update yourself by predicting the future aspects and learning about the past and present from someone who holds relevant experience.

CMA USA PART-1

In CMA USA part 1 certification, cost management alone holds 20% of the weightage. The reason being is the cost. Cost is always the soul of every business. The skills of a Certified Management Accountant certification holder always align with the transactional data. The movement of profits, according to the planning, is crucial. Estimation of cost as per the records and controlling expenses by the plan is essential. Attending our CMA USA live coaching classes for this certification can help you make better decisions for cost management.

CMA USA PART-1

The skills taught in CMA USA coaching covers a broad area of controls. The plan for risk management, compliance, audits, and governance is crucial for any enterprise. Inspections have two branches that are external and internal. It is essential to take care of the internal audits so that the operations could be more refined. The planning and actions should lie under the paths of risk management. Someone with experience of such things can always add value to your learning.


CMA USA PART-1

The world is running after analytics, because of the value it adds to the prediction. When we take out the report from the past and merge with the risk, then analytics come into action. Every enterprise looks for an Accountant whose analytical skills could support the prediction. Our CMA USA classes helps an individual in making predictions so that the preparation for the upcoming could be better.

CMA USA PART-2

Financial statement analysis gives an organization a better view of the current and noncurrent assets, liabilities, and cost. The skills that an individual earns through our CMA online classes will help them analyze the actual and the projected cost.

CMA USA PART-2

For every enterprise, it is essential to know the 'why' behind each report and predictions. With the best CMA USA coaching in Bangalore, you can present the long-term financial aspects which ultimately help in raising such financial skills in which you analyze the return and risk attached to it. Learning and practical scenarios help an individual to succeed in this career.

CMA USA PART-2

Every decision has an impact on the volume, budget, and financial condition of an enterprise. There are various ways of analyzing it, but as a certified accountant, you can present the best way of implementing any decision.

CMA USA PART-2

It is an essential phase for any organization. There are several financial risks that can come across and bring the entire business down. in broader terms, there are three risks: Market risks, Credit risks, and Financing risks. Each of them includes proper guidance so that your knowledge could be useful in practical scenarios. Hence, our CMA USA Training in India and CMA USA online video lectures are administered by mentors having experience in such fields for a well-rounded learning experience.

CMA USA PART-2

There are several investments that an enterprise can make, and it can be new The accountant plays a vital role in presenting complete information in a much simpler and vivid format. In the examination for CMA certification, it holds 15 percent of the weightage.

CMA USA PART-2

Generally, people ignore this part for CMA certification but CMA USA training in India provided by MyLogicVideos emphasizes knowing the actual professional environment and ethics is essential. The update in your learning has to be fast, and a mentor having relevant experience can present it more vividly.

Subjects included in CMA USA Part 1 and CMA USA Part 2

External Financial Reporting and Decisions - 15%
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This section is quite straightforward if you are a commerce student or familiar with accounting and most of the questions in this section are generally computational

Planning, Budgeting, and Forecasting - 20%
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This is the largest section in Part1. This section includes both computational and conceptual questions. Although the concepts covered are relatively simple the questions can be complex and extensive

Performance Management - 20%
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This section aims to teach students on the ways performance is evaluated in a company. The only difference would be between manufacturing and service oriented company.

Cost Management - 15%
Read More

This subject is solely to equip students on the concepts and calculations of cost management

Internal Controls - 15%
Read More

The questions in this section are mostly conceptual. Despite easy to grasp concepts the questions, particularly MCQs are often tricky and ambiguous. Practice questions and mock tests are very beneficial for this section

Technology and Analytics - 15%
Read More

This section is a new addition to CMA USA Part 1

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Financial Statement Analysis - 20%
Read More

This section is more or less like CMA USA part 1 section A. However, this particular section focuses more on students being able to evaluate future prospects based on the learning from Section A CMA USA part 1 which focuses on evaluating past performance using financial statements

Corporate Finance - 20%
Read More

This is another section with a mix of conceptual and calculations based questions. The calculations in this section are simple and easy to do

Decision Analysis - 25%
Read More

Decision making based on data analysis is the core of this section. It will equip students on being strong analytical management accountants

Risk Management - 10%
Read More

This subject focuses on risk identification and assessment. It equips professionals and organizational managers to be able to asses and respond to risk efficiently. It mostly covers conceptual questions

Investment Decisions - 10%
Read More

This section will equip students to make good investment decision and choose the right investments for the organization

Professional Ethics - 15%
Read More

This section covers IMA’s Statement of Ethical Standards, which are easy to understand. Students are required to memorize the standards and learn to apply them to practical business situations

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Introduction About trainer

Vinod Chandran is a Chartered Accountant and certificate holder of specialized executive finance program from IIM, Lucknow. He started his professional career with Hindustan Aeronautics Ltd and played a pivotal role in pricing of many of the Helicopter projects and for finalization of major contracts under Ministry of Defence . Later on joined Capgemini, France at Top Management level. Vinod headed the commercial finance globally for tenure of 3 years. In addition, Vinod also handled the finance controller role of India operations of Century Link Technologies, USA.

Vinod is also an academician helped 1000s of students to become Professionals is a founder director of MyLogic, a leading finance professional training institution globally.

Vinod Chandran is a Chartered Accountant and certificate holder of specialized executive finance program from IIM, Lucknow. He started his professional career with Hindustan Aeronautics Ltd and played a pivotal role in pricing of many of the Helicopter projects and for finalization of major contracts under Ministry of Defence . Later on joined Capgemini, France at Top Management level. Vinod headed the commercial finance globally for tenure of 3 years. In addition, Vinod also handled the finance controller role of India operations of Century Link Technologies, USA.

Vinod is also an academician helped 1000s of students to become Professionals is a founder director of MyLogic, a leading finance professional training institution globally.

Brief about IMA

IMA® (Institute of Management Accountants) is the worldwide association of accountants and financial professionals in business. Founded in 1919, It is one of the largest and most respected associations focused exclusively on advancing the management accounting profession.

For nearly 100 years, IMA has been a champion of—and resource for—management accounting and financial professionals.

IMA’s Global Reach includes 150+ countries, and more than 300 professional and student chapters

Source - Click Here

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Why join us

MyLogic is the leading coaching institute for professional finance courses. With highly qualified and experienced trainers and industry professionals, MyLogic does not leave a leaf unturned in enabling students achieve their goal. Here are highlights about MyLogic -

  • 15 years’ experience in promoting CMA USA program
  • Largest Platinum partner in India
  • 1000s of students qualified and become well placed professionals at reputed corporates
  • Alumni network in leading global corporates
  • Hock International Study Materials recognized by IMA
  • High-Quality video recordings of the complete program
  • High-Quality Question banks developed internally by expert faculties
  • Over 2000 Practice Questions
  • Mock Exams
  • Faculty Support: Online and offline faculty support
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Offline CMA USA Classes in Bangalore

Physical classes of CMA USA have benefitted several students. It is a simple training room setting with all essentials required for students to focus and learn with ease. However, physical classes were temporarily suspended on account of the Covid-19 pandemic.

Procedure to register Physical classes
  • Fill up the registration form
  • Make the payment
  • Access to the materials and videos along with Live Online classes
  • Later register with IMA for exam
  • Complete the MyLogic academic methodology to write the exam
  • Write the exams
  • Obtain certification
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About Course Material

why mylogic
We use Hock International Study material

Hock International is the Premier Educators for the CMA USA and CIA Exams

HOCK International Study Material is the Industry -

  • They have over 20 Years of Experience
  • They offer the most comprehensive materials
  • Support with dedicated experts to help you pass the exams on your first attempt
  • Unlimited Support with affordable material
  • Ideal for Busy Professionals – the study materials come with an online interactive study planner
  • Study Anytime, Anywhere with access to the materials on any of your electronic devices
  • They offer practice questions, mock exams and flash cards for smooth exam preparation

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why mylogic

Testimonials

Kulala Kiran kumar

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I would recommend all aspiring CMA USA to join logic school of management for the guidance, course material, faculty and the overall learning experience.

Sneha TP

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I'm Sneha, I have joined MyLogic, for the CMA USA program and to be honest it is the best decision that I've ever made. The academic support from their part is exceptional. Very glad to be a part of the MyLogic family.

Rajveer Singh

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With MyLogic I got enrolled for US CMA. First of all they helped me to navigate the best suited course. Post enrolment, learning experience has been great. Finding teaching & administrative staff very professional and accommodative, if any issue occurs, they assist personally. Personal suggestion would be to improve the content delivery by using effective teaching aids. Creating visuals concept for better comprehension and conceptualisation

Sadath Azeez

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Hey, I'm Mohammad Sadath. One of the great decision that I did in my life was choosing CMA USA program and I have successfully cleared Two parts of the cma program. It wouldn't be easier for me without the help of professionally qualified lectures at LSM namely CMA qualified Moosal Kazim sir and USA CPA, CA, ICWA qualified Alka Ma'am. They are the best teachers I have come across,Teachers have got decades of vast professional experience in the field of accounting and finance around different countries of the world who prepares not only to pass the exam but also preapres the student to be professionally ready for the job. If you are someone who wants to pursue USA CMA, then MyLogic School of Management Bangalore is the excellent institute in Bangalore for CMA aspirants and the only institute to offer regular weekday classes for this course.

Chinchu Aby

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Very Good Faculties and teaching methods. Am happy that i had completed my CMA USA coaching in MyLogic bangalore.

Mariam Tharakan

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I am personally not that comfortable and Fond of accountancy as a subject. But from the first orientation day to every single class I have attended, MyLogic has not failed to improve my interest in the subject!
As a student also, it was helpful for me academically as well! Very informative sessions, professional lecturers and very supportive and Friendly staff! A special Shout out to Ashish Sir and Sindhu ma'am for supporting to me and encouraging me throughout the period I was there, they are extremely nice Go-To people, makes you feel really comfortable!
The teachers are very friendly as well, always around to support and help with your doubts! If you are someone who wants to pursue CMA, CPA or any certified courses they provide, then MyLogic is the Place!

B Gowda

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Still I am pursuing CMA, good things in MyLogic are, all the support staff's support is very appreciable, they support all the time as per their initial promise at the time of joining, in my case Roopa who is my co-ordinator providing the required support all the time, and about faculties, like Bala sir and Kazim sir, it's worth of money to listen to their lectures not only about the syllabus, but also about their experiences sharing relating to the subjects and other accounting professional aspects, I liked the motivational words by Bala sir, I felt it's good to study here why because, this is professionally headed by Vinod sir, that's why all the above mentioned aspects happen automatically, thank you MyLogic and Google to get in here

Shakeel Ahmed

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MyLogic is one of the best CMA coaching institute can find in bengalore. Learning become easier @ MyLogic because of their support. I recommend MyLogic

Shaarik S

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Undoubtedly the Best Institute in India for CMA(USA)&CPA.Faculities are World class!

Kamaljit Singh

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Being a working professional and away from study for almost 7-8 years makes it difficult to prepare yourself for exams like CMA. I recall joining MyLogic school of Management, Bangalore as one of the life changing decisions. Team of MyLogic Bangalore is best when it comes to CMA(US) ,where we have excellent coaching staff like Kazim & Vinod Sir who provides you the conceptual and basic subject knowledge , on the other hand Sindhu and there support staff is one call away in case of any support/assistance.

Frequently Asked Questions(FAQ)

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

In addition to successfully passing the exams, CMA candidates must fulfill education and experience requirements in order to be certified:

1. Bachelor's degree from an accredited college or university

2. Two continuous years of professional experience employing the principles of management accounting and financial management including:

  • Preparation of financial statements
  • Financial planning & analysis
  • Monthly, quarterly, and year-end close
  • Auditing (external or internal)
  • Budget preparation & reporting
  • Manage general ledger and balance sheets
  • Forecasting Company investment decision making
  • Costing analysis Risk evaluation

3. For certified CMAs, 30 hours of CPE credits, including two hours of ethics, and annual IMA Membership are required to maintain active status.

IMA issues your certificate once you successfully complete all the minimum requirements. Duration will vary from person to person because it fully depends upon you meeting all requirements.

For example, a working professional with 2 years of experience and Active IMA membership will get the certification by just clearing the exams.

For students, their certification will be issued only after meeting all requirements.

  1. Attend the classes regularly and make the concepts clear.
  2. Practice the entire question bank of HOCK software in a timely manner.
  3. Take mock exams.

If you make a time table which has 14 to 16 hours per day as study hours and if you follow it you can easily pass the exam in 3 months’ time. But your concept shall be clear and must practice all the questions in your software.

Approximately 1,000 productive hours of personal study is required for CMA.

They must have failed because of a lack of preparation. There are no restrictions in the number of attempts, but they must finish it within 3 years of their registration.

Preferably a simple calculator, because Prometrics generally allow only non-programmable calculators.

You can attend weekend batch or online classes for gaining the concept clarities and practice the software on a daily basis.


Category

Professional

Student

Application Processing Fees

$15

$0

IMA Membership Fees

$230

$39

CMA Enrollment Fees

$250

$188

Exam Fees (Pre Exam)

$415

$311

Yes, it is. US CMA is a globally recognized qualification and will make you employable at different parts of the world across various industries.

MyLogic Business Management School is the best institute for CMA USA in India with its exceptional results and legacy. Logic has physical classes, online live classes, and self-learning platforms.

An average student can finish CMA in 8 months to a 1-year duration.

Yes, because only a qualified trainer can guide you properly through the CMA USA Program. Also, only an updated provider can get you the updated syllabus, exam pattern, etc.

Yes, you can. CMA can be pursued after graduation.