Certified Management Accountant (CMA)-U.S.A CMA is an American Certification awarded by the Institute of Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA(Now ICMA) of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program. Who can do CMA? Anyone who has completed a Bachelor’s degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam. What is the course structure? The new CMA exam consists of two parts: Part I External Financial Reporting, Planning, Performance and Control Part II Financial Decision Making CMA Course Outline: CMA Part I : External Financial Reporting, Planning, Performance, and Control • External Financial Reporting Decisions – 15% (Level C) • Planning, Budgeting, and Forecasting – 30% (Level C) • Performance Management – 20% (Level C) • Cost Management – 20% (Level C) • Internal Controls – 15% (Level C) CMA Part II : Financial Decision Making • Financial Statement Analysis – 25% (Level C) • Corporate Finance – 20% (Level C) • Decision Analysis – 20% (Level C) • Risk Management – 10% (Level C) • Investment Decisions – 15% (Level C) • Professional Ethics – 10% (Level C) CMA Exam Format Subject MCQs Essays Exam Duration : 4 Hours CMA Part 1 100 2 • Each essay question will have 6 -7 questions • Time saved in MCQ exam can be used for Essay Questions • Pass rate scale 72% CMA Part 2 100 2 MCQ Multiple Choice Questions | MCQ Exam – 3 Hours | 2 Essays – 1 Hour What are the CMA exam dates? Exams are offered in January and February, May and June, September and October. Where CMA exams are administered? Exams are administered through the worldwide network of Prometric Testing Centers. To locate a Testing Center and to schedule exam appointments, visit www.prometric.com/icma . Fee CMA Certification Fee Membership Registration Engrance Entrance Exam Total Professional $230 $15 $250 $250 $830 $1,325 Young Professional $155 $15 $250 $250 $830 $1,250 Student $39 $15 $188 $188 $622 $864 Academic $120 $15 $188 $188 $622 $945 Annual Membership Fee | Entrance Fee is ONE Time Payment | Exam Fee * 2 parts