Certified Management Accountants (CMA, US)

The Certified Management Accountant (CMA) program has been designed to recognize the unique expertise of those professionals engaged in Management Accounting and Financial Management. This certification provides distinction in today’s economic climate and affords the opportunity to certify your expertise in business areas that are critical to the decision – making process.

About IMA

Institute of Management Accountants (IMA), the association of accountants and financial professionals in business, is one of the largest and most respected association focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA program, continuing education, networking and advocacy of the highest ethical business practices. IMA has a global network of more than 125,000 members in 140 countries and 300 local chapters. IMA is committed to help professionals and to expand their professional skills, better manage their organization.

CMA exam consists of two parts: –

1. Financial Reporting, Planning, Performance and Control

(Exam format: – 4 hours –100 objective type and 2 descriptive type questions)

• External Financial Reporting 15%
• Planning, Budgeting, and Forecasting   30%
• Performance Management 20%
• Cost Management 20%
• Internal Controls 15%

2. Financial Decision Making

(Exam format: – 4 hours –100 objective type and 2 descriptive type questions)

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

Exam Structure

• Online Exams and are administered through the worldwide network of Prometric Testing Centers
• Can be taken in any order
• Each exam part is four (4) hours in length and includes 100 multiple-choice questions and two 30-minute essay questions
• The exam is structured as follows:
• Both exams can be taken at a time and same part (s) can’t be repeated in the same window
• Candidates must register with IMA before the exam and must complete both exam parts within three years
• Exam Testing Windows: There are three (3) exam testing windows are available in year. They are:January – February, May – June, September – October
• Beginning day of the month to the last day of the next month. Except Saturdays, Sundays and Public holidays

Highlights of the Program

• This global qualification provided by IMA (USA)
• Global acceptance (CMA presence in 140 countries)
• Allows students to take the exam before they graduate
• Two (2) exams only
• Online exams. 75% MCQs and 25% No negative marks
• Student membership at a significant reduced rate in IMA Fees
• Exams are conducted also in India
• 100% placement assistance

Why Vidyarupa??

• Experienced faculty members who are subject matter experts exclusively for CMA (USA)
• Proved teaching methodology which gives importance to direct contact between teachers and students
• Opportunity for students to practice 1500⁺ questions from each part
• Revision sessions to make the fundamentals strong for students and give them confidence
• Focus on case studies to make the topic thorough
• Excellent administrative services and guidance till the students are qualified
• Vidyarupa is an experienced and reliable “Partner” for its students