CMA® (Certified Management Accountant)
CMA® (Certified Management Accountant) certification is a professional credential that is earned in the advanced management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, financial reporting, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world. The CMA is a U.S.-based, globally recognized certification issued by The Institute of Certified Management Accountants.
For more than 40 years, the CMA® certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the “why” behind numbers, not just the “what.” And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.
Part 1: Financial Planning, Performance, and Analytics
Part 2: Strategic Financial Management
Each Exam is 4 hours, with 100 multiple-choice questions (3 hours) and 2 written response scenarios (1 hour).
Key Changes in CMA syllabus in 2020
Technology is transforming the profession, and we want our CMAs to be prepared. Part 1 of the CMA exam will include a new section on Technology & Analytics.
New Title: Financial Planning, Performance, and Analytics
New Content: Technology and Analytics, Integrated Reporting
Deleted Content: Internal Auditing
Being able to apply an ethical and strategic framework to decision-making in a complex, digital world is a skill every accounting and finance professional needs to have. Part 2 of the exam will expand the Professional Ethics and Decision Analysis sections.
New Title: Strategic Financial Management
New Content: Business Ethics, Sustainability and Social Responsibility
Deleted Content: Off-Balance Sheet Financing, Bankruptcy, Tax Implications of Transfer Pricing
Requirements to be a CMA
- Active membership in the IMA (Institute of Management Accountants).
- A Bachelor's Degree from an accredited college/university or a related professional certifcation.
- Two continuous years of professional experience in management accounting or financial management, which can be completed after passing the exam.
- Passing Parts 1 and 2 of the CMA exam.
HOCK India offers you
- Authentic Hock CMA Study Materials (Both Parts)
- Live Online Coaching after working hours (Both Parts)
at a launching price of 70,000 INR + GST.
Hock Materials come to you with Printable PDF text books, MCQs, Essays, Mock Exams, Mobile Apps and Unlimited Updates and Support without any Expiry Date and an unmatched HOCK Quality.
Fees payable to IMA USA:
There are four separate fees for taking the CMA exams:
- IMA Membership: $220 annually (discounts are available for students, academics, and young professionals)
- IMA Registration Fee: $15 one-time payable with your first year of membership
- CMA Exam Entrance Fee: $250 (good for 3 years)
- CMA Exam Registration Fee: $415 per Part
When To Take the Exam
The CMA Exams are offered during the following testing windows:
- January / February
- May / June
- September / October
Note: Due to Covid-19, IMA US has extended the CMA US Exam window 2020 for the next continuous 6 months - May-June, July-August, September-October.
Why Study CMA with HOCK India?
One dedicated and experienced instructor for each Part.
Focus and follow-up with every candidate until passing the exam.
Access to the instructor between classes and after classes end.
Genuine HOCK international materials with every class.
CMA Materials of HOCK Include
Comprehensive textbooks in PDF and hard copy with complete coverage of the exam syllabus.
Practice previous exam questions online and offline, with full explanations for all answers.
Quickly study formulas and main concepts with PowerPoint electronic flash cards.
Mock exams with new questions not used elsewhere provide a final review before the real exam.